bettys & taylors group ltd
bettys & taylors group ltd Company Information
Company Number
00500829
Next Accounts
Jul 2025
Shareholders
j. wild
e. barnes
View AllGroup Structure
View All
Industry
Manufacture of cocoa, and chocolate confectionery
+3Registered Address
1 parliament st., harrogate., HG1 2QU
Website
www.bettysandtaylors.co.ukbettys & taylors group ltd Estimated Valuation
Pomanda estimates the enterprise value of BETTYS & TAYLORS GROUP LTD at £357.9m based on a Turnover of £295.7m and 1.21x industry multiple (adjusted for size and gross margin).
bettys & taylors group ltd Estimated Valuation
Pomanda estimates the enterprise value of BETTYS & TAYLORS GROUP LTD at £153.1m based on an EBITDA of £19.1m and a 8.01x industry multiple (adjusted for size and gross margin).
bettys & taylors group ltd Estimated Valuation
Pomanda estimates the enterprise value of BETTYS & TAYLORS GROUP LTD at £316.6m based on Net Assets of £142.4m and 2.22x industry multiple (adjusted for liquidity).
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Bettys & Taylors Group Ltd Overview
Bettys & Taylors Group Ltd is a live company located in harrogate., HG1 2QU with a Companies House number of 00500829. It operates in the manufacture of bread sector, SIC Code 10710. Founded in October 1951, it's largest shareholder is j. wild with a 26.7% stake. Bettys & Taylors Group Ltd is a mature, mega sized company, Pomanda has estimated its turnover at £295.7m with healthy growth in recent years.
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Bettys & Taylors Group Ltd Health Check
Pomanda's financial health check has awarded Bettys & Taylors Group Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £295.7m, make it larger than the average company (£10.8m)
£295.7m - Bettys & Taylors Group Ltd
£10.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (6.6%)
8% - Bettys & Taylors Group Ltd
6.6% - Industry AVG
Production
with a gross margin of 33%, this company has a comparable cost of product (33%)
33% - Bettys & Taylors Group Ltd
33% - Industry AVG
Profitability
an operating margin of 4.2% make it more profitable than the average company (2.4%)
4.2% - Bettys & Taylors Group Ltd
2.4% - Industry AVG
Employees
with 1548 employees, this is above the industry average (89)
1548 - Bettys & Taylors Group Ltd
89 - Industry AVG
Pay Structure
on an average salary of £40.3k, the company has a higher pay structure (£31.7k)
£40.3k - Bettys & Taylors Group Ltd
£31.7k - Industry AVG
Efficiency
resulting in sales per employee of £191k, this is more efficient (£128.3k)
£191k - Bettys & Taylors Group Ltd
£128.3k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is later than average (34 days)
43 days - Bettys & Taylors Group Ltd
34 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is quicker than average (52 days)
27 days - Bettys & Taylors Group Ltd
52 days - Industry AVG
Stock Days
it holds stock equivalent to 104 days, this is more than average (37 days)
104 days - Bettys & Taylors Group Ltd
37 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 22 weeks, this is more cash available to meet short term requirements (9 weeks)
22 weeks - Bettys & Taylors Group Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23%, this is a lower level of debt than the average (69.5%)
23% - Bettys & Taylors Group Ltd
69.5% - Industry AVG
BETTYS & TAYLORS GROUP LTD financials
Bettys & Taylors Group Ltd's latest turnover from October 2023 is £295.7 million and the company has net assets of £142.4 million. According to their latest financial statements, Bettys & Taylors Group Ltd has 1,548 employees and maintains cash reserves of £16.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 295,738,000 | 260,585,000 | 252,656,000 | 232,070,000 | 227,410,000 | 208,073,000 | 189,653,000 | 173,619,000 | 163,412,000 | 155,985,000 | 149,132,000 | 133,160,000 | 117,308,000 | 102,783,000 | 88,675,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 12,395,000 | 10,294,000 | 11,850,000 | 14,995,000 | 15,796,000 | 11,161,000 | 15,084,000 | 9,753,000 | 9,467,000 | 10,773,000 | 10,043,000 | 10,012,000 | 8,745,000 | 9,349,000 | 7,801,000 |
| Interest Payable | 105,000 | 241,000 | 1,002,000 | 582,000 | 230,000 | 481,000 | 228,000 | 154,000 | 146,000 | 77,000 | 65,000 | 53,000 | 10,000 | 36,000 | 63,000 |
| Interest Receivable | 1,022,000 | 273,000 | 14,000 | 45,000 | 157,000 | 139,000 | 168,000 | 172,000 | 312,000 | 92,000 | 74,000 | 52,000 | 46,000 | 20,000 | 7,000 |
| Pre-Tax Profit | 12,917,000 | 9,870,000 | 10,316,000 | 14,128,000 | 13,911,000 | 10,585,000 | 16,038,000 | 9,334,000 | 9,732,000 | 10,812,000 | 10,077,000 | 10,033,000 | 7,811,000 | 9,352,000 | 7,700,000 |
| Tax | -3,291,000 | -2,485,000 | -3,237,000 | -3,015,000 | -3,214,000 | -2,614,000 | -3,192,000 | -2,029,000 | -2,098,000 | -2,529,000 | -2,678,000 | -2,727,000 | -2,287,000 | -2,845,000 | -2,070,000 |
| Profit After Tax | 9,626,000 | 7,385,000 | 7,079,000 | 11,113,000 | 10,697,000 | 7,971,000 | 12,846,000 | 7,305,000 | 7,634,000 | 8,283,000 | 7,399,000 | 7,306,000 | 5,524,000 | 6,507,000 | 5,630,000 |
| Dividends Paid | 1,933,000 | 2,094,000 | 2,961,000 | -3,155,000 | 11,125,000 | 3,016,000 | 1,895,000 | 1,876,000 | 2,071,000 | 1,850,000 | 1,623,000 | 1,184,000 | 1,184,000 | 592,000 | 565,000 |
| Retained Profit | 7,693,000 | 5,291,000 | 4,118,000 | 14,268,000 | -428,000 | 4,955,000 | 10,951,000 | 5,429,000 | 5,563,000 | 6,433,000 | 5,776,000 | 6,122,000 | 4,340,000 | 5,915,000 | 5,065,000 |
| Employee Costs | 62,351,000 | 57,864,000 | 53,421,000 | 51,806,000 | 44,754,000 | 40,991,000 | 37,673,000 | 35,750,000 | 34,657,000 | 32,846,000 | 29,328,000 | 26,754,000 | 24,906,000 | 23,689,000 | 22,935,000 |
| Number Of Employees | 1,548 | 1,598 | 1,544 | 1,569 | 1,456 | 1,403 | 1,411 | 1,403 | 1,382 | 1,330 | 1,268 | 1,293 | 1,155 | ||
| EBITDA* | 19,124,000 | 16,912,000 | 17,585,000 | 20,228,000 | 20,683,000 | 15,278,000 | 18,884,000 | 13,921,000 | 13,600,000 | 14,519,000 | 13,730,000 | 14,127,000 | 13,072,000 | 13,553,000 | 12,025,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 61,071,000 | 63,014,000 | 64,313,000 | 59,934,000 | 57,601,000 | 49,054,000 | 44,988,000 | 45,051,000 | 46,837,000 | 57,606,000 | 55,770,000 | 55,150,000 | 58,447,000 | 58,569,000 | 57,619,000 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 4,408,000 | 6,628,000 | 7,084,000 | 7,648,000 | 7,978,000 | 10,899,000 | 11,150,000 | 11,142,000 | 10,693,000 | 982,000 | 973,000 | 961,000 | 955,000 | 2,167,000 | 2,157,000 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 65,479,000 | 69,642,000 | 71,397,000 | 67,582,000 | 65,579,000 | 59,953,000 | 56,138,000 | 56,193,000 | 57,530,000 | 58,588,000 | 56,743,000 | 56,111,000 | 59,402,000 | 60,736,000 | 59,776,000 |
| Stock & work in progress | 56,940,000 | 53,747,000 | 50,086,000 | 53,867,000 | 39,382,000 | 36,295,000 | 36,528,000 | 31,031,000 | 29,833,000 | 30,289,000 | 30,088,000 | 28,670,000 | 23,663,000 | 19,599,000 | 16,251,000 |
| Trade Debtors | 35,173,000 | 29,885,000 | 32,679,000 | 31,868,000 | 27,710,000 | 28,063,000 | 24,089,000 | 19,402,000 | 18,852,000 | 18,015,000 | 16,916,000 | 13,752,000 | 13,802,000 | 11,366,000 | 10,408,000 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 10,466,000 | 10,710,000 | 4,857,000 | 5,811,000 | 6,414,000 | 7,049,000 | 4,878,000 | 10,869,000 | 3,282,000 | 1,817,000 | 1,978,000 | 1,945,000 | 1,353,000 | 1,172,000 | 1,947,000 |
| Cash | 16,914,000 | 12,004,000 | 11,817,000 | 11,932,000 | 19,175,000 | 32,452,000 | 37,926,000 | 33,740,000 | 23,949,000 | 18,175,000 | 13,802,000 | 9,426,000 | 6,034,000 | 1,910,000 | 3,000 |
| misc current assets | |||||||||||||||
| total current assets | 119,493,000 | 106,346,000 | 99,439,000 | 103,478,000 | 92,681,000 | 103,859,000 | 103,421,000 | 95,042,000 | 75,916,000 | 68,296,000 | 62,784,000 | 53,793,000 | 44,852,000 | 34,047,000 | 28,609,000 |
| total assets | 184,972,000 | 175,988,000 | 170,836,000 | 171,060,000 | 158,260,000 | 163,812,000 | 159,559,000 | 151,235,000 | 133,446,000 | 126,884,000 | 119,527,000 | 109,904,000 | 104,254,000 | 94,783,000 | 88,385,000 |
| Bank overdraft | 543,000 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 15,009,000 | 14,596,000 | 7,644,000 | 15,746,000 | 10,607,000 | 12,249,000 | 14,391,000 | 12,844,000 | 8,999,000 | 8,520,000 | 10,920,000 | 7,210,000 | 7,711,000 | 4,461,000 | 4,000,000 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 473,000 | 130,000 | 512,000 | 1,058,000 | 573,000 | 907,000 | |||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 24,173,000 | 17,105,000 | 21,134,000 | 16,816,000 | 17,026,000 | 17,884,000 | 17,976,000 | 13,629,000 | 12,800,000 | 12,308,000 | 9,171,000 | 9,635,000 | 8,380,000 | 5,866,000 | 5,180,000 |
| total current liabilities | 39,655,000 | 31,831,000 | 29,290,000 | 33,620,000 | 28,206,000 | 30,133,000 | 33,274,000 | 26,473,000 | 21,799,000 | 20,828,000 | 20,091,000 | 16,845,000 | 16,091,000 | 10,327,000 | 9,723,000 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 2,074,000 | 1,957,000 | 1,620,000 | 1,242,000 | 913,000 | 1,235,000 | 781,000 | 1,886,000 | 789,000 | 862,000 | 794,000 | 717,000 | 845,000 | 995,000 | 991,000 |
| total long term liabilities | 2,877,000 | 5,684,000 | 9,551,000 | 10,335,000 | 9,061,000 | 7,488,000 | 7,525,000 | 10,088,000 | 4,804,000 | 4,018,000 | 3,169,000 | 3,095,000 | 2,148,000 | 1,801,000 | 1,756,000 |
| total liabilities | 42,532,000 | 37,515,000 | 38,841,000 | 43,955,000 | 37,267,000 | 37,621,000 | 40,799,000 | 36,561,000 | 26,603,000 | 24,846,000 | 23,260,000 | 19,940,000 | 18,239,000 | 12,128,000 | 11,479,000 |
| net assets | 142,440,000 | 138,473,000 | 131,995,000 | 127,105,000 | 120,993,000 | 126,191,000 | 118,760,000 | 114,674,000 | 106,843,000 | 102,038,000 | 96,267,000 | 89,964,000 | 86,015,000 | 82,655,000 | 76,906,000 |
| total shareholders funds | 142,440,000 | 138,473,000 | 131,995,000 | 127,105,000 | 120,993,000 | 126,191,000 | 118,760,000 | 114,674,000 | 106,843,000 | 102,038,000 | 96,267,000 | 89,964,000 | 86,015,000 | 82,655,000 | 76,906,000 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 12,395,000 | 10,294,000 | 11,850,000 | 14,995,000 | 15,796,000 | 11,161,000 | 15,084,000 | 9,753,000 | 9,467,000 | 10,773,000 | 10,043,000 | 10,012,000 | 8,745,000 | 9,349,000 | 7,801,000 |
| Depreciation | 6,729,000 | 6,618,000 | 5,735,000 | 5,233,000 | 4,887,000 | 4,117,000 | 3,800,000 | 4,168,000 | 4,133,000 | 3,746,000 | 3,687,000 | 4,115,000 | 4,327,000 | 4,204,000 | 4,224,000 |
| Amortisation | |||||||||||||||
| Tax | -3,291,000 | -2,485,000 | -3,237,000 | -3,015,000 | -3,214,000 | -2,614,000 | -3,192,000 | -2,029,000 | -2,098,000 | -2,529,000 | -2,678,000 | -2,727,000 | -2,287,000 | -2,845,000 | -2,070,000 |
| Stock | 3,193,000 | 3,661,000 | -3,781,000 | 14,485,000 | 3,087,000 | -233,000 | 5,497,000 | 1,198,000 | -456,000 | 201,000 | 1,418,000 | 5,007,000 | 4,064,000 | 3,348,000 | 16,251,000 |
| Debtors | 5,044,000 | 3,059,000 | -143,000 | 3,555,000 | -988,000 | 6,145,000 | -1,304,000 | 8,137,000 | 2,302,000 | 938,000 | 3,197,000 | 542,000 | 2,617,000 | 183,000 | 12,355,000 |
| Creditors | 413,000 | 6,952,000 | -8,102,000 | 5,139,000 | -1,642,000 | -2,142,000 | 1,547,000 | 3,845,000 | 479,000 | -2,400,000 | 3,710,000 | -501,000 | 3,250,000 | 461,000 | 4,000,000 |
| Accruals and Deferred Income | 7,068,000 | -4,029,000 | 4,318,000 | -210,000 | -858,000 | -92,000 | 4,347,000 | 829,000 | 492,000 | 3,137,000 | -464,000 | 1,255,000 | 2,514,000 | 686,000 | 5,180,000 |
| Deferred Taxes & Provisions | 117,000 | 337,000 | 378,000 | 329,000 | -322,000 | 454,000 | -1,105,000 | 1,097,000 | -73,000 | 68,000 | 77,000 | -128,000 | -150,000 | 4,000 | 991,000 |
| Cash flow from operations | 15,194,000 | 10,967,000 | 14,866,000 | 4,431,000 | 12,548,000 | 4,972,000 | 16,288,000 | 8,328,000 | 10,554,000 | 11,656,000 | 9,760,000 | 6,477,000 | 9,718,000 | 8,328,000 | -8,480,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | 169,000 | 229,000 | 155,000 | 5,000 | -5,220,000 | -3,453,000 | -1,781,000 | -4,360,000 | -5,322,000 | -7,300,000 | |||||
| Change in Investments | -2,220,000 | -456,000 | -564,000 | -330,000 | -2,921,000 | -251,000 | 8,000 | 449,000 | 9,711,000 | 9,000 | 12,000 | 6,000 | -1,212,000 | 10,000 | 2,157,000 |
| cash flow from investments | 2,220,000 | 456,000 | 564,000 | 330,000 | 2,921,000 | 420,000 | 221,000 | -294,000 | -9,706,000 | -5,229,000 | -3,465,000 | -1,787,000 | -3,148,000 | -5,332,000 | -9,457,000 |
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | 343,000 | -382,000 | -546,000 | 485,000 | 573,000 | -907,000 | 907,000 | ||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 917,000 | 32,000 | -988,000 | -537,000 | -73,000 | -342,000 | -60,000 | 18,000 | 166,000 | 15,000 | 9,000 | -1,000 | 36,000 | -16,000 | -56,000 |
| cash flow from financing | -2,466,000 | 837,000 | -762,000 | -8,208,000 | -4,270,000 | 1,227,000 | -6,018,000 | 2,420,000 | -592,000 | -647,000 | 536,000 | -2,174,000 | -944,000 | -182,000 | 71,785,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 4,910,000 | 187,000 | -115,000 | -7,243,000 | -13,277,000 | -5,474,000 | 4,186,000 | 9,791,000 | 5,774,000 | 4,373,000 | 4,376,000 | 3,392,000 | 4,124,000 | 1,907,000 | 3,000 |
| overdraft | -543,000 | 543,000 | |||||||||||||
| change in cash | 4,910,000 | 187,000 | -115,000 | -7,243,000 | -13,277,000 | -5,474,000 | 4,186,000 | 9,791,000 | 5,774,000 | 4,373,000 | 4,376,000 | 3,392,000 | 4,124,000 | 2,450,000 | -540,000 |
bettys & taylors group ltd Credit Report and Business Information
Bettys & Taylors Group Ltd Competitor Analysis
Perform a competitor analysis for bettys & taylors group ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in HG1 area or any other competitors across 12 key performance metrics.
bettys & taylors group ltd Ownership
BETTYS & TAYLORS GROUP LTD group structure
Bettys & Taylors Group Ltd has 11 subsidiary companies.
Ultimate parent company
BETTYS & TAYLORS GROUP LTD
00500829
11 subsidiaries
bettys & taylors group ltd directors
Bettys & Taylors Group Ltd currently has 7 directors. The longest serving directors include Mr Paul Cogan (Apr 2012) and Ms Clare Morrow (Jan 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Cogan | 55 years | Apr 2012 | - | Director | |
| Ms Clare Morrow | 64 years | Jan 2014 | - | Director | |
| Mr Philip Hanson | 68 years | Mar 2016 | - | Director | |
| Mr Andrew Wildsmith | United Kingdom | 48 years | Jan 2018 | - | Director |
| Ms Fiona Gunn | 67 years | Apr 2019 | - | Director | |
| Miss Rimla Akhtar | England | 42 years | Mar 2021 | - | Director |
| Mr Andrew Brown | United Kingdom | 61 years | Jun 2023 | - | Director |
P&L
October 2023turnover
295.7m
+13%
operating profit
12.4m
+20%
gross margin
33.1%
-0.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
142.4m
+0.03%
total assets
185m
+0.05%
cash
16.9m
+0.41%
net assets
Total assets minus all liabilities
bettys & taylors group ltd company details
company number
00500829
Type
Private limited with Share Capital
industry
10821 - Manufacture of cocoa, and chocolate confectionery
10710 - Manufacture of bread; manufacture of fresh pastry goods and cakes
10832 - Production of coffee and coffee substitutes
incorporation date
October 1951
age
74
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
October 2023
previous names
prospect foods limited (November 1993)
accountant
-
auditor
KPMG LLP
address
1 parliament st., harrogate., HG1 2QU
Bank
NATIONAL WESTMINSTER BANK PLC, NATIONAL WESTMINSTER BANK PLC, NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
bettys & taylors group ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 16 charges/mortgages relating to bettys & taylors group ltd. Currently there are 1 open charges and 15 have been satisfied in the past.
bettys & taylors group ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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bettys & taylors group ltd Companies House Filings - See Documents
| date | description | view/download |
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