mornflake oats limited
mornflake oats limited Company Information
Company Number
00893231
Next Accounts
Apr 2025
Shareholders
morning foods ltd
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
north western mills, crewe, CW2 6HP
Website
www.mornflake.commornflake oats limited Estimated Valuation
Pomanda estimates the enterprise value of MORNFLAKE OATS LIMITED at £77.9m based on a Turnover of £58.7m and 1.33x industry multiple (adjusted for size and gross margin).
mornflake oats limited Estimated Valuation
Pomanda estimates the enterprise value of MORNFLAKE OATS LIMITED at £6.4m based on an EBITDA of £1.2m and a 5.51x industry multiple (adjusted for size and gross margin).
mornflake oats limited Estimated Valuation
Pomanda estimates the enterprise value of MORNFLAKE OATS LIMITED at £2.6m based on Net Assets of £1.9m and 1.34x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mornflake Oats Limited Overview
Mornflake Oats Limited is a live company located in crewe, CW2 6HP with a Companies House number of 00893231. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in December 1966, it's largest shareholder is morning foods ltd with a 100% stake. Mornflake Oats Limited is a mature, large sized company, Pomanda has estimated its turnover at £58.7m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Mornflake Oats Limited Health Check
Pomanda's financial health check has awarded Mornflake Oats Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
0 Regular
3 Weak
Size
annual sales of £58.7m, make it larger than the average company (£18.6m)
£58.7m - Mornflake Oats Limited
£18.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mornflake Oats Limited
- - Industry AVG
Production
with a gross margin of 3.4%, this company has a higher cost of product (34.9%)
3.4% - Mornflake Oats Limited
34.9% - Industry AVG
Profitability
an operating margin of 2% make it less profitable than the average company (4.7%)
2% - Mornflake Oats Limited
4.7% - Industry AVG
Employees
with 5 employees, this is below the industry average (102)
5 - Mornflake Oats Limited
102 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Mornflake Oats Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £11.7m, this is more efficient (£184.9k)
£11.7m - Mornflake Oats Limited
£184.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Mornflake Oats Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Mornflake Oats Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mornflake Oats Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mornflake Oats Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 11.6%, this is a lower level of debt than the average (69.1%)
11.6% - Mornflake Oats Limited
69.1% - Industry AVG
MORNFLAKE OATS LIMITED financials
Mornflake Oats Limited's latest turnover from July 2023 is £58.7 million and the company has net assets of £1.9 million. According to their latest financial statements, Mornflake Oats Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 58,650,628 | 28,894,706 | |||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 56,655,936 | 27,231,903 | |||||||||||||
| Gross Profit | 1,994,692 | 1,662,803 | |||||||||||||
| Admin Expenses | 834,323 | 395,500 | |||||||||||||
| Operating Profit | 1,160,369 | 1,267,303 | |||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 1,160,369 | 1,267,303 | |||||||||||||
| Tax | -243,741 | -240,788 | |||||||||||||
| Profit After Tax | 916,628 | 1,026,515 | |||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 916,628 | 1,026,515 | |||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 5 | 5 | |||||||||||||
| EBITDA* | 1,160,369 | 1,267,303 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 25,000 | 25,000 | 25,000 | 25,000 | |||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 25,000 | 25,000 | 25,000 | 25,000 | |||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | |||||||||||||||
| Group Debtors | 2,172,764 | 2,190,534 | |||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 2 | 2 | 2 | 2 | |||||||||||
| misc current assets | |||||||||||||||
| total current assets | 2,172,764 | 2,190,536 | 2 | 2 | 2 | ||||||||||
| total assets | 2,197,764 | 2,215,536 | 25,002 | 25,002 | 2 | ||||||||||
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | |||||||||||||||
| Group/Directors Accounts | 945,479 | 25,000 | 25,000 | ||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 254,619 | 243,540 | |||||||||||||
| total current liabilities | 254,619 | 1,189,019 | 25,000 | 25,000 | |||||||||||
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 254,619 | 1,189,019 | 25,000 | 25,000 | |||||||||||
| net assets | 1,943,145 | 1,026,517 | 2 | 2 | 2 | ||||||||||
| total shareholders funds | 1,943,145 | 1,026,517 | 2 | 2 | 2 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,160,369 | 1,267,303 | |||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | -243,741 | -240,788 | |||||||||||||
| Stock | |||||||||||||||
| Debtors | -17,770 | 2,190,534 | |||||||||||||
| Creditors | |||||||||||||||
| Accruals and Deferred Income | 11,079 | 243,540 | |||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 945,477 | -920,479 | |||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 25,000 | ||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -945,479 | 920,479 | 25,000 | ||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | -945,479 | 920,479 | 25,000 | 2 | |||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -2 | 2 | |||||||||||||
| overdraft | |||||||||||||||
| change in cash | -2 | 2 |
mornflake oats limited Credit Report and Business Information
Mornflake Oats Limited Competitor Analysis
Perform a competitor analysis for mornflake oats limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in CW2 area or any other competitors across 12 key performance metrics.
mornflake oats limited Ownership
MORNFLAKE OATS LIMITED group structure
Mornflake Oats Limited has no subsidiary companies.
Ultimate parent company
2 parents
MORNFLAKE OATS LIMITED
00893231
mornflake oats limited directors
Mornflake Oats Limited currently has 5 directors. The longest serving directors include Mr John Lea (Dec 1991) and Mr David Baxter (Mar 2007).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Lea | 79 years | Dec 1991 | - | Director | |
| Mr David Baxter | 57 years | Mar 2007 | - | Director | |
| Mr Alan Meikle | United Kingdom | 63 years | Mar 2007 | - | Director |
| Mr James Lea | 44 years | Apr 2018 | - | Director | |
| Mr Mark Cookson | United Kingdom | 42 years | Apr 2023 | - | Director |
P&L
July 2023turnover
58.7m
+103%
operating profit
1.2m
-8%
gross margin
3.5%
-40.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
1.9m
+0.89%
total assets
2.2m
-0.01%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
mornflake oats limited company details
company number
00893231
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
December 1966
age
59
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
BDO LLP
address
north western mills, crewe, CW2 6HP
Bank
-
Legal Advisor
-
mornflake oats 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 did not find charges/mortgages relating to mornflake oats limited.
mornflake oats limited 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.
Click to start generating capital raising & share issue transactions for MORNFLAKE OATS LIMITED. This can take several minutes, an email will notify you when this has completed.
mornflake oats limited Companies House Filings - See Documents
| date | description | view/download |
|---|
