bml realisations 2016 limited
bml realisations 2016 limited Company Information
Company Number
00625299
Website
bernardmatthews.comRegistered Address
c/o smith & williamson llp, 25 moorgate, london, EC2R 6AY
Industry
Manufacture of prepared feeds for farm animals
Production of meat and poultry meat products
Telephone
-
Next Accounts Due
June 2024
Group Structure
View All
Directors
Alan Jamieson8 Years
Shareholders
bernard matthews holdings ltd 100%
bml realisations 2016 limited Estimated Valuation
Pomanda estimates the enterprise value of BML REALISATIONS 2016 LIMITED at £178.8m based on a Turnover of £276.7m and 0.65x industry multiple (adjusted for size and gross margin).
bml realisations 2016 limited Estimated Valuation
Pomanda estimates the enterprise value of BML REALISATIONS 2016 LIMITED at £53.2m based on an EBITDA of £7.7m and a 6.89x industry multiple (adjusted for size and gross margin).
bml realisations 2016 limited Estimated Valuation
Pomanda estimates the enterprise value of BML REALISATIONS 2016 LIMITED at £17.3m based on Net Assets of £11.1m and 1.56x industry multiple (adjusted for liquidity).
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Bml Realisations 2016 Limited Overview
Bml Realisations 2016 Limited is a dissolved company that was located in london, EC2R 6AY with a Companies House number of 00625299. It operated in the raising of poultry sector, SIC Code 01470. Founded in April 1959, it's largest shareholder was bernard matthews holdings ltd with a 100% stake. The last turnover for Bml Realisations 2016 Limited was estimated at £276.7m.
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Bml Realisations 2016 Limited Health Check
Pomanda's financial health check has awarded Bml Realisations 2016 Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
6 Weak
Size
annual sales of £276.7m, make it larger than the average company (£21.8m)
£276.7m - Bml Realisations 2016 Limited
£21.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (4.2%)
-7% - Bml Realisations 2016 Limited
4.2% - Industry AVG
Production
with a gross margin of 16.2%, this company has a comparable cost of product (16.2%)
16.2% - Bml Realisations 2016 Limited
16.2% - Industry AVG
Profitability
an operating margin of -0.3% make it less profitable than the average company (4.1%)
-0.3% - Bml Realisations 2016 Limited
4.1% - Industry AVG
Employees
with 2368 employees, this is above the industry average (85)
2368 - Bml Realisations 2016 Limited
85 - Industry AVG
Pay Structure
on an average salary of £25.3k, the company has an equivalent pay structure (£28.2k)
£25.3k - Bml Realisations 2016 Limited
£28.2k - Industry AVG
Efficiency
resulting in sales per employee of £116.9k, this is less efficient (£326.6k)
£116.9k - Bml Realisations 2016 Limited
£326.6k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is near the average (37 days)
39 days - Bml Realisations 2016 Limited
37 days - Industry AVG
Creditor Days
its suppliers are paid after 48 days, this is slower than average (33 days)
48 days - Bml Realisations 2016 Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 93 days, this is more than average (25 days)
93 days - Bml Realisations 2016 Limited
25 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (7 weeks)
1 weeks - Bml Realisations 2016 Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.8%, this is a higher level of debt than the average (59.2%)
93.8% - Bml Realisations 2016 Limited
59.2% - Industry AVG
BML REALISATIONS 2016 LIMITED financials
Bml Realisations 2016 Limited's latest turnover from June 2015 is £276.7 million and the company has net assets of £11.1 million. According to their latest financial statements, Bml Realisations 2016 Limited has 2,368 employees and maintains cash reserves of £4.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2015 | Jun 2014 | Jun 2013 | Jul 2012 | Jul 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|
| Turnover | 276,705,000 | 306,801,000 | 346,399,000 | 341,375,000 | 470,844,000 | 330,537,000 |
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | -931,000 | -2,405,000 | -14,176,000 | 6,083,000 | -6,587,000 | 1,829,000 |
| Interest Payable | 2,888,000 | 3,387,000 | 6,424,000 | 3,517,000 | 4,682,000 | 4,530,000 |
| Interest Receivable | 376,000 | 380,000 | 2,649,000 | 572,000 | 754,000 | 1,188,000 |
| Pre-Tax Profit | -3,663,000 | -8,509,000 | -18,089,000 | 3,347,000 | -28,060,000 | -3,523,000 |
| Tax | -703,000 | -827,000 | 1,668,000 | -346,000 | -2,157,000 | 1,914,000 |
| Profit After Tax | -4,366,000 | -9,336,000 | -16,421,000 | 3,001,000 | -30,217,000 | -1,609,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 508,000 | 15,610,000 |
| Retained Profit | -4,299,000 | -9,285,000 | -16,440,000 | 3,065,000 | -30,599,000 | -17,296,000 |
| Employee Costs | 60,009,000 | 62,270,000 | 67,857,000 | 69,714,000 | 104,577,000 | 74,391,000 |
| Number Of Employees | 2,368 | 2,625 | 2,786 | 3,209 | 3,489 | 3,858 |
| EBITDA* | 7,721,000 | 6,697,000 | -4,192,000 | 16,419,000 | 10,291,000 | 13,935,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2015 | Jun 2014 | Jun 2013 | Jul 2012 | Jul 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 59,879,000 | 61,053,000 | 66,440,000 | 67,620,000 | 74,809,000 | 93,201,000 |
| Intangible Assets | 0 | 0 | 924,000 | 978,000 | 1,032,000 | 0 |
| Investments & Other | 8,000 | 15,000 | 15,000 | 15,000 | 16,000 | 18,000 |
| Debtors (Due After 1 year) | 14,519,000 | 15,055,000 | 15,115,000 | 15,380,000 | 4,924,000 | 5,955,000 |
| Total Fixed Assets | 74,406,000 | 76,123,000 | 82,494,000 | 83,993,000 | 80,781,000 | 99,174,000 |
| Stock & work in progress | 59,613,000 | 50,034,000 | 54,967,000 | 58,530,000 | 58,153,000 | 50,629,000 |
| Trade Debtors | 29,737,000 | 28,404,000 | 37,212,000 | 32,926,000 | 36,185,000 | 43,890,000 |
| Group Debtors | 5,221,000 | 7,427,000 | 7,646,000 | 7,332,000 | 19,811,000 | 20,428,000 |
| Misc Debtors | 5,513,000 | 6,907,000 | 5,634,000 | 7,157,000 | 7,541,000 | 6,066,000 |
| Cash | 4,155,000 | 4,066,000 | 4,085,000 | 1,625,000 | 1,234,000 | 7,409,000 |
| misc current assets | 1,258,000 | 107,000 | 1,655,000 | 0 | 0 | 0 |
| total current assets | 105,497,000 | 96,945,000 | 111,199,000 | 107,570,000 | 122,924,000 | 128,422,000 |
| total assets | 179,903,000 | 173,068,000 | 193,693,000 | 191,563,000 | 203,705,000 | 227,596,000 |
| Bank overdraft | 6,996,000 | 7,280,000 | 8,641,000 | 7,323,000 | 9,543,000 | 6,483,000 |
| Bank loan | 29,857,000 | 20,850,000 | 56,997,000 | 39,945,000 | 41,229,000 | 45,556,000 |
| Trade Creditors | 30,587,000 | 32,671,000 | 34,083,000 | 37,121,000 | 35,772,000 | 29,722,000 |
| Group/Directors Accounts | 40,784,000 | 43,793,000 | 24,585,000 | 29,273,000 | 32,594,000 | 33,878,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 1,451,000 | 525,000 | 342,000 | 455,000 | 607,000 | 103,000 |
| other current liabilities | 19,395,000 | 14,124,000 | 20,108,000 | 12,952,000 | 15,950,000 | 12,911,000 |
| total current liabilities | 129,070,000 | 119,243,000 | 144,756,000 | 127,069,000 | 135,695,000 | 128,653,000 |
| loans | 21,912,000 | 18,908,000 | 1,921,000 | 2,777,000 | 3,086,000 | 998,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 925,000 | 410,000 |
| Accruals and Deferred Income | 713,000 | 892,000 | 1,115,000 | 1,332,000 | 1,571,000 | 1,538,000 |
| other liabilities | 374,000 | 255,000 | 113,000 | 0 | 0 | 0 |
| provisions | 0 | 6,000 | 1,395,000 | 472,000 | 1,015,000 | 1,138,000 |
| total long term liabilities | 39,743,000 | 33,075,000 | 15,193,000 | 12,442,000 | 9,858,000 | 10,280,000 |
| total liabilities | 168,813,000 | 152,318,000 | 159,949,000 | 139,511,000 | 145,553,000 | 138,933,000 |
| net assets | 11,060,000 | 20,696,000 | 33,631,000 | 51,964,000 | 58,051,000 | 88,407,000 |
| total shareholders funds | 11,060,000 | 20,696,000 | 33,631,000 | 51,964,000 | 58,051,000 | 88,407,000 |
| Jun 2015 | Jun 2014 | Jun 2013 | Jul 2012 | Jul 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -931,000 | -2,405,000 | -14,176,000 | 6,083,000 | -6,587,000 | 1,829,000 |
| Depreciation | 8,646,000 | 8,980,000 | 9,930,000 | 10,282,000 | 16,824,000 | 12,106,000 |
| Amortisation | 6,000 | 122,000 | 54,000 | 54,000 | 54,000 | 0 |
| Tax | -703,000 | -827,000 | 1,668,000 | -346,000 | -2,157,000 | 1,914,000 |
| Stock | 9,579,000 | -4,933,000 | -3,563,000 | 377,000 | 7,524,000 | 50,629,000 |
| Debtors | -2,803,000 | -7,814,000 | 2,812,000 | -5,666,000 | -7,878,000 | 76,339,000 |
| Creditors | -2,084,000 | -1,412,000 | -3,038,000 | 1,349,000 | 6,050,000 | 29,722,000 |
| Accruals and Deferred Income | 5,092,000 | -6,207,000 | 6,939,000 | -3,237,000 | 3,072,000 | 14,449,000 |
| Deferred Taxes & Provisions | -6,000 | -1,389,000 | 923,000 | -543,000 | -123,000 | 1,138,000 |
| Cash flow from operations | 3,244,000 | 9,609,000 | 3,051,000 | 18,931,000 | 17,487,000 | -65,810,000 |
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | -7,000 | 0 | 0 | -1,000 | -2,000 | 18,000 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 9,007,000 | -36,147,000 | 17,052,000 | -1,284,000 | -4,327,000 | 45,556,000 |
| Group/Directors Accounts | -3,009,000 | 19,208,000 | -4,688,000 | -3,321,000 | -1,284,000 | 33,878,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 3,004,000 | 16,987,000 | -856,000 | -309,000 | 2,088,000 | 998,000 |
| Hire Purchase and Lease Commitments | 926,000 | 183,000 | -113,000 | -1,077,000 | 1,019,000 | 513,000 |
| other long term liabilities | 119,000 | 142,000 | 113,000 | 0 | 0 | 0 |
| share issue | ||||||
| interest | -2,512,000 | -3,007,000 | -3,775,000 | -2,945,000 | -3,928,000 | -3,342,000 |
| cash flow from financing | 2,198,000 | -6,284,000 | 5,840,000 | -18,088,000 | -6,189,000 | 183,306,000 |
| cash and cash equivalents | ||||||
| cash | 89,000 | -19,000 | 2,460,000 | 391,000 | -6,175,000 | 7,409,000 |
| overdraft | -284,000 | -1,361,000 | 1,318,000 | -2,220,000 | 3,060,000 | 6,483,000 |
| change in cash | 373,000 | 1,342,000 | 1,142,000 | 2,611,000 | -9,235,000 | 926,000 |
bml realisations 2016 limited Credit Report and Business Information
Bml Realisations 2016 Limited Competitor Analysis
Perform a competitor analysis for bml realisations 2016 limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
bml realisations 2016 limited Ownership
BML REALISATIONS 2016 LIMITED group structure
Bml Realisations 2016 Limited has no subsidiary companies.
Ultimate parent company
BML REALISATIONS 2016 LIMITED
00625299
bml realisations 2016 limited directors
Bml Realisations 2016 Limited currently has 1 director, Mr Alan Jamieson serving since Mar 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alan Jamieson | 70 years | Mar 2016 | - | Director |
P&L
June 2015turnover
276.7m
-10%
operating profit
-931k
-61%
gross margin
16.3%
-0.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2015net assets
11.1m
-0.47%
total assets
179.9m
+0.04%
cash
4.2m
+0.02%
net assets
Total assets minus all liabilities
Similar Companies
bml realisations 2016 limited company details
company number
00625299
Type
Private limited with Share Capital
industry
01470 - Raising of poultry
10910 - Manufacture of prepared feeds for farm animals
10130 - Production of meat and poultry meat products
incorporation date
April 1959
age
65
accounts
Group
ultimate parent company
previous names
bernard matthews limited (September 2016)
bernard matthews trading limited (April 2001)
incorporated
UK
address
c/o smith & williamson llp, 25 moorgate, london, EC2R 6AY
last accounts submitted
June 2015
bml realisations 2016 limited 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 8 charges/mortgages relating to bml realisations 2016 limited. Currently there are 5 open charges and 3 have been satisfied in the past.
bml realisations 2016 limited Companies House Filings - See Documents
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