Pomanda estimates the enterprise value of LAMEX FOODS EUROPE LIMITED at £129.2m based on a Turnover of £303.6m and 0.43x industry multiple (adjusted for size and gross margin).
lamex foods europe limitedEstimated Valuation
£36.7m
Pomanda estimates the enterprise value of LAMEX FOODS EUROPE LIMITED at £36.7m based on an EBITDA of £7.2m and a 5.06x industry multiple (adjusted for size and gross margin).
lamex foods europe limitedEstimated Valuation
£59.6m
Pomanda estimates the enterprise value of LAMEX FOODS EUROPE LIMITED at £59.6m based on Net Assets of £25.3m and 2.36x industry multiple (adjusted for liquidity).
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Lamex Foods Europe LimitedOverview
Lamex Foods Europe Limited is a live company located in turnford broxbourne, EN10 6NH with a Companies House number of 00875838. It operates in the non-specialised wholesale of food, beverages and tobacco sector, SIC Code 46390. Founded in March 1966, it's largest shareholder is
lamex food group ltd
with a 100% stake. Lamex Foods Europe Limited is a mature,
mega sized company, Pomanda has estimated its turnover at
£303.6m with
high
growth in recent years.
Pomanda's financial health check has awarded Lamex Foods Europe Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
6 Strong
0 Regular
6 Weak
Size
annual sales of £303.6m, make it larger than the average company (£30.9m)
£303.6m - Lamex Foods Europe Limited
£30.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (9.3%)
19% - Lamex Foods Europe Limited
9.3% - Industry AVG
Production
with a gross margin of 6.2%, this company has a higher cost of product (20.5%)
6.2% - Lamex Foods Europe Limited
20.5% - Industry AVG
Profitability
an operating margin of 2.4% make it less profitable than the average company (3.2%)
2.4% - Lamex Foods Europe Limited
3.2% - Industry AVG
Employees
with 51 employees, this is below the industry average (67)
51 - Lamex Foods Europe Limited
67 - Industry AVG
Pay Structure
on an average salary of £153.6k, the company has a higher pay structure (£37.5k)
£153.6k - Lamex Foods Europe Limited
£37.5k - Industry AVG
Efficiency
resulting in sales per employee of £6m, this is more efficient (£402.1k)
£6m - Lamex Foods Europe Limited
£402.1k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is earlier than average (35 days)
19 days - Lamex Foods Europe Limited
35 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (37 days)
13 days - Lamex Foods Europe Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 27 days, this is less than average (35 days)
27 days - Lamex Foods Europe Limited
35 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 12 weeks, this is more cash available to meet short term requirements (9 weeks)
12 weeks - Lamex Foods Europe Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.5%, this is a higher level of debt than the average (60.2%)
69.5% - Lamex Foods Europe Limited
60.2% - Industry AVG
LAMEX FOODS EUROPE LIMITED financials
EXPORT
Lamex Foods Europe Limited's latest turnover from March 2024 is £303.6 million and the company has net assets of £25.3 million. According to their latest financial statements, Lamex Foods Europe Limited has 51 employees and maintains cash reserves of £14 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
303,554,605
336,743,733
184,071,342
180,395,341
178,784,000
190,919,000
199,077,000
202,096,000
181,193,000
170,047,451
158,094,614
735,980,000
676,396,000
534,751,000
450,627,000
Other Income Or Grants
Cost Of Sales
284,764,312
320,784,144
171,953,999
170,447,680
171,656,000
185,513,000
192,050,000
193,748,000
172,136,000
160,447,977
149,791,092
696,296,000
636,974,000
500,916,000
420,388,000
Gross Profit
18,790,293
15,959,589
12,117,343
9,947,661
7,128,000
5,406,000
7,027,000
8,348,000
9,057,000
9,599,474
8,303,522
39,684,000
39,422,000
33,835,000
30,239,000
Admin Expenses
11,661,999
10,188,935
9,903,338
6,948,233
4,557,000
5,858,000
6,364,000
5,705,000
3,550,000
5,734,205
4,810,128
25,057,000
24,986,000
22,891,000
20,345,000
Operating Profit
7,128,294
5,770,654
2,214,005
2,999,428
2,571,000
-452,000
663,000
2,643,000
5,507,000
3,865,269
3,493,394
14,627,000
14,436,000
10,944,000
9,894,000
Interest Payable
481,008
671,145
212,086
239,406
345,000
442,000
392,000
309,000
349,000
336,318
307,482
710,000
713,000
574,000
469,000
Interest Receivable
127,160
152,313
262,676
266,655
1,000
186,000
133,000
34,000
68,883,000
69,513
46,619
11,000
22,000
9,000
2,000
Pre-Tax Profit
6,774,446
5,251,822
2,264,595
3,026,677
2,227,000
-708,000
404,000
2,368,000
5,227,000
3,598,464
3,334,531
13,928,000
13,745,000
10,379,000
9,427,000
Tax
-1,623,396
-838,339
-465,309
-575,126
-405,000
28,000
-520,000
-1,067,000
-784,547
-836,861
-4,064,000
-4,261,000
-3,450,000
-3,618,000
Profit After Tax
5,151,050
4,413,483
1,799,286
2,451,551
1,822,000
-708,000
432,000
1,848,000
4,160,000
2,813,917
2,497,670
9,864,000
9,484,000
6,929,000
5,809,000
Dividends Paid
1,050,000
110,000
615,000
2,257,075
20,991,135
294,000
272,000
Retained Profit
4,101,050
4,413,483
1,799,286
2,451,551
1,712,000
-708,000
-183,000
1,848,000
4,160,000
556,842
-18,493,465
9,371,000
8,282,000
6,117,000
4,888,000
Employee Costs
7,833,841
4,916,171
5,949,643
4,451,719
2,775,000
2,805,000
3,348,000
4,483,000
3,867,000
3,766,382
2,741,290
17,066,000
16,816,000
16,474,000
15,191,000
Number Of Employees
51
50
48
44
43
44
45
47
42
39
38
224
236
234
241
EBITDA*
7,244,791
6,025,968
2,427,420
3,201,428
2,650,000
-111,000
770,000
2,750,000
5,609,000
4,007,632
3,627,050
15,662,000
15,363,000
11,794,000
10,734,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
1,911,683
1,519,635
856,248
531,320
469,000
877,000
524,000
498,000
389,000
346,338
328,192
3,758,000
4,026,000
3,655,000
4,219,000
Intangible Assets
Investments & Other
8
2
2
106
107
8,607
Debtors (Due After 1 year)
100,000
150,000
200,000
6,312,000
Total Fixed Assets
1,911,691
1,519,637
956,250
681,426
669,000
877,000
524,000
498,000
389,000
346,445
336,799
3,758,000
4,026,000
3,655,000
10,531,000
Stock & work in progress
21,561,795
28,298,519
23,364,241
21,451,856
20,173,000
14,977,000
16,622,000
20,855,000
17,688,000
18,110,635
18,024,808
71,905,000
72,249,000
59,673,000
47,811,000
Trade Debtors
15,978,084
18,643,509
10,706,298
13,055,155
18,369,000
10,197,000
15,285,000
18,340,000
15,746,000
14,653,303
15,582,630
55,174,000
39,381,000
29,318,000
22,603,000
Group Debtors
28,190,137
24,990,982
22,161,487
32,266,186
20,547,000
22,803,000
25,921,000
16,487,000
15,256,000
9,416,568
9,900,746
12,214,000
8,833,000
7,870,000
Misc Debtors
1,294,331
2,561,219
4,520,505
3,526,200
4,302,000
9,517,000
2,637,000
5,323,000
7,868,000
3,057,320
3,886,937
3,953,000
5,451,000
2,159,000
1,927,000
Cash
14,041,597
10,193,507
3,841,474
1,381,381
679,000
577,000
821,000
1,051,000
5,647,000
2,547,302
592,046
7,083,000
7,907,000
2,554,000
4,516,000
misc current assets
total current assets
81,065,944
84,687,736
64,594,005
71,680,778
64,070,000
58,071,000
61,286,000
62,056,000
62,205,000
47,785,128
47,987,167
150,329,000
133,821,000
101,574,000
76,857,000
total assets
82,977,635
86,207,373
65,550,255
72,362,204
64,739,000
58,948,000
61,810,000
62,554,000
62,594,000
48,131,573
48,323,966
154,087,000
137,847,000
105,229,000
87,388,000
Bank overdraft
6,688,067
2,409,146
1,590,279
320,065
314,000
1,410,000
2,010,000
2,391,000
3,607,000
1,686,003
11,834,622
35,949,000
35,872,000
23,242,000
16,461,000
Bank loan
1,496,670
6,087,603
3,807,288
4,534,552
4,467,000
7,479,000
7,714,000
12,117,000
12,079,000
8,142,810
Trade Creditors
10,487,214
11,111,000
11,062,909
9,507,408
9,514,000
10,436,000
8,398,000
11,610,000
11,332,000
6,914,453
8,864,309
46,367,000
38,773,000
32,443,000
28,769,000
Group/Directors Accounts
32,106,000
38,665,996
25,263,878
33,794,149
26,575,000
21,165,000
23,393,000
15,316,000
14,149,000
15,228,806
11,137,662
306,000
other short term finances
1,325,806
1,060,818
2,152,378
155,000
472,000
393,000
1,275,003
12,000
4,000
hp & lease commitments
26,286
88,550
139,154
161,000
23,000
15,000
91,000
136,000
117,000
other current liabilities
6,909,437
6,739,177
6,873,816
8,678,562
9,771,000
5,340,000
6,963,000
7,610,000
9,773,000
7,414,296
9,143,805
17,613,000
19,563,000
14,893,000
14,068,000
total current liabilities
57,687,388
66,365,014
49,747,538
59,126,268
50,796,000
46,463,000
48,871,000
49,044,000
50,963,000
40,661,371
40,980,398
99,944,000
94,299,000
71,032,000
59,419,000
loans
673,000
723,000
766,000
815,000
hp & lease commitments
254,000
15,000
106,000
42,000
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
254,000
673,000
738,000
872,000
857,000
total liabilities
57,687,388
66,365,014
49,747,538
59,126,268
50,796,000
46,717,000
48,871,000
49,044,000
50,963,000
40,661,371
40,980,398
100,617,000
95,037,000
71,904,000
60,276,000
net assets
25,290,247
19,842,359
15,802,717
13,235,936
13,943,000
12,231,000
12,939,000
13,510,000
11,631,000
7,470,202
7,343,568
47,735,000
37,568,000
29,285,000
23,590,000
total shareholders funds
25,290,247
19,842,359
15,802,717
13,235,936
13,943,000
12,231,000
12,939,000
13,510,000
11,631,000
7,470,202
7,343,568
47,735,000
37,568,000
29,285,000
23,590,000
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
7,128,294
5,770,654
2,214,005
2,999,428
2,571,000
-452,000
663,000
2,643,000
5,507,000
3,865,269
3,493,394
14,627,000
14,436,000
10,944,000
9,894,000
Depreciation
116,497
255,314
213,415
202,000
79,000
341,000
107,000
107,000
102,000
142,363
133,656
1,035,000
927,000
850,000
840,000
Amortisation
Tax
-1,623,396
-838,339
-465,309
-575,126
-405,000
28,000
-520,000
-1,067,000
-784,547
-836,861
-4,064,000
-4,261,000
-3,450,000
-3,618,000
Stock
-6,736,724
4,934,278
1,912,385
1,278,856
5,196,000
-1,645,000
-4,233,000
3,167,000
-422,635
85,827
-53,880,192
-344,000
12,576,000
11,862,000
47,811,000
Debtors
-733,158
8,707,420
-11,509,251
5,579,541
901,000
-1,326,000
3,693,000
1,280,000
11,742,809
-2,243,122
-41,970,687
17,676,000
14,318,000
8,505,000
30,842,000
Creditors
-623,786
48,091
1,555,501
-6,592
-922,000
2,038,000
-3,212,000
278,000
4,417,547
-1,949,856
-37,502,691
7,594,000
6,330,000
3,674,000
28,769,000
Accruals and Deferred Income
170,260
-134,639
-1,804,746
-1,092,438
4,431,000
-1,623,000
-647,000
-2,163,000
2,358,704
-1,729,509
-8,469,195
-1,950,000
4,670,000
825,000
14,068,000
Deferred Taxes & Provisions
Cash flow from operations
12,637,751
-8,540,617
11,309,732
-5,331,125
-343,000
3,275,000
-2,521,000
-4,102,000
-1,923
1,701,015
52,669,182
-90,000
-4,792,000
-7,524,000
-28,700,000
Investing Activities
capital expenditure
-508,545
-918,701
-538,343
-264,320
329,000
-694,000
-133,000
-216,000
-144,662
-160,509
-25,234
-767,000
-1,298,000
-286,000
-5,059,000
Change in Investments
6
-104
106
-107
-8,500
8,607
cash flow from investments
-508,551
-918,701
-538,239
-264,426
329,000
-694,000
-133,000
-216,000
-144,555
-152,009
-33,841
-767,000
-1,298,000
-286,000
-5,059,000
Financing Activities
Bank loans
-4,590,933
2,280,315
-727,264
67,552
-3,012,000
-235,000
-4,403,000
38,000
3,936,190
8,142,810
Group/Directors Accounts
-6,559,996
13,402,118
-8,530,271
7,219,149
5,410,000
-2,228,000
8,077,000
1,167,000
-1,079,806
4,091,144
11,137,662
-306,000
306,000
Other Short Term Loans
-1,325,806
264,988
-1,091,560
1,997,378
-317,000
79,000
393,000
-1,275,003
1,275,003
-12,000
8,000
4,000
Long term loans
-673,000
-50,000
-43,000
-49,000
815,000
Hire Purchase and Lease Commitments
-26,286
-62,264
-50,604
139,154
-415,000
415,000
-23,000
23,000
-15,000
-91,000
-136,000
83,000
159,000
other long term liabilities
share issue
1,346,838
-373,841
767,495
-3,158,615
-388,000
31,000
798
-430,208
-21,897,967
796,000
1,000
-422,000
18,702,000
interest
-353,848
-518,832
50,590
27,249
-344,000
-256,000
-259,000
-275,000
68,534,000
-266,805
-260,863
-699,000
-691,000
-565,000
-467,000
cash flow from financing
-11,510,031
14,992,484
-9,581,614
6,291,867
1,322,000
-2,225,000
3,420,000
938,000
70,139,179
12,811,944
-11,709,168
-44,000
-1,187,000
-639,000
19,213,000
cash and cash equivalents
cash
3,848,090
6,352,033
2,460,093
702,381
102,000
-244,000
-230,000
-4,596,000
3,099,698
1,955,256
-6,490,954
-824,000
5,353,000
-1,962,000
4,516,000
overdraft
4,278,921
818,867
1,270,214
6,065
-1,096,000
-600,000
-381,000
-1,216,000
1,920,997
-10,148,619
-24,114,378
77,000
12,630,000
6,781,000
16,461,000
change in cash
-430,831
5,533,166
1,189,879
696,316
1,198,000
356,000
151,000
-3,380,000
1,178,701
12,103,875
17,623,424
-901,000
-7,277,000
-8,743,000
-11,945,000
lamex foods europe limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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lamex foods europe limited Ownership
LAMEX FOODS EUROPE LIMITED group structure
Lamex Foods Europe Limited has 95 subsidiary companies.
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 10 charges/mortgages relating to lamex foods europe limited. Currently there are 5 open charges and 5 have been satisfied in the past.
lamex foods europe limited Capital Raised & Share Issues BETA
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lamex foods europe limitedCompanies House Filings - See Documents
