institute of food science and technology

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institute of food science and technology Company Information

Share INSTITUTE OF FOOD SCIENCE AND TECHNOLOGY

Company Number

00930776

Shareholders

-

Group Structure

View All

Industry

Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

 

Registered Address

5 cambridge court, 210 shepherds bush road, london, W6 7NJ

institute of food science and technology Estimated Valuation

£392.7k

Pomanda estimates the enterprise value of INSTITUTE OF FOOD SCIENCE AND TECHNOLOGY at £392.7k based on a Turnover of £622.6k and 0.63x industry multiple (adjusted for size and gross margin).

institute of food science and technology Estimated Valuation

£0

Pomanda estimates the enterprise value of INSTITUTE OF FOOD SCIENCE AND TECHNOLOGY at £0 based on an EBITDA of £-189k and a 4.21x industry multiple (adjusted for size and gross margin).

institute of food science and technology Estimated Valuation

£2.9m

Pomanda estimates the enterprise value of INSTITUTE OF FOOD SCIENCE AND TECHNOLOGY at £2.9m based on Net Assets of £1.2m and 2.35x industry multiple (adjusted for liquidity).

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Institute Of Food Science And Technology Overview

Institute Of Food Science And Technology is a live company located in london, W6 7NJ with a Companies House number of 00930776. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in April 1968, it's largest shareholder is unknown. Institute Of Food Science And Technology is a mature, small sized company, Pomanda has estimated its turnover at £622.6k with declining growth in recent years.

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Institute Of Food Science And Technology Health Check

Pomanda's financial health check has awarded Institute Of Food Science And Technology a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £622.6k, make it smaller than the average company (£1.8m)

£622.6k - Institute Of Food Science And Technology

£1.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (6.2%)

-6% - Institute Of Food Science And Technology

6.2% - Industry AVG

production

Production

with a gross margin of 45%, this company has a comparable cost of product (45%)

45% - Institute Of Food Science And Technology

45% - Industry AVG

profitability

Profitability

an operating margin of -32% make it less profitable than the average company (5.9%)

-32% - Institute Of Food Science And Technology

5.9% - Industry AVG

employees

Employees

with 13 employees, this is below the industry average (18)

13 - Institute Of Food Science And Technology

18 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.7k, the company has an equivalent pay structure (£49.7k)

£49.7k - Institute Of Food Science And Technology

£49.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £47.9k, this is less efficient (£117.4k)

£47.9k - Institute Of Food Science And Technology

£117.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 15 days, this is earlier than average (57 days)

15 days - Institute Of Food Science And Technology

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 50 days, this is slower than average (32 days)

50 days - Institute Of Food Science And Technology

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Institute Of Food Science And Technology

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 36 weeks, this is more cash available to meet short term requirements (28 weeks)

36 weeks - Institute Of Food Science And Technology

28 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 23.2%, this is a lower level of debt than the average (52.6%)

23.2% - Institute Of Food Science And Technology

52.6% - Industry AVG

INSTITUTE OF FOOD SCIENCE AND TECHNOLOGY financials

EXPORTms excel logo

Institute Of Food Science And Technology's latest turnover from September 2023 is estimated at £622.6 thousand and the company has net assets of £1.2 million. According to their latest financial statements, Institute Of Food Science And Technology has 13 employees and maintains cash reserves of £47.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover622,566692,016790,938744,558765,044685,182871,684641,313607,166601,482582,384525,321515,479482,962496,673
Other Income Or Grants000000000000000
Cost Of Sales342,705389,634436,706408,623414,782360,492432,742312,319294,765300,773285,766256,786250,601227,3530
Gross Profit279,861302,382354,232335,935350,262324,690438,942328,994312,401300,709296,618268,535264,878255,6090
Admin Expenses479,101630,966415,752324,373314,691384,995184,731295,092295,822379,061290,194262,733252,717269,69237,153
Operating Profit-199,240-328,584-61,52011,56235,571-60,305254,21133,90216,579-78,3526,4245,80212,161-14,083-37,153
Interest Payable0000009481,6551,002000000
Interest Receivable5,7393,6430000000000000
Pre-Tax Profit-193,501-324,941-61,3219,49329,486-59,156206,31027,60814,253-77,0066,0025,4609,974-12,722-36,371
Tax000000000000000
Profit After Tax-193,501-324,941-61,3219,49329,486-59,156206,31027,60814,253-77,0066,0025,4609,974-12,722-36,371
Dividends Paid000000000000000
Retained Profit-193,501-324,941-61,3219,49329,486-59,156206,31027,60814,253-77,0066,0025,4609,974-12,722-36,371
Employee Costs646,121656,750529,844489,301419,501397,320343,882330,042327,098305,307295,179278,126244,412258,143249,573
Number Of Employees131414131110997777550
EBITDA*-188,959-269,418-20,00552,36842,350-53,324266,65045,84027,535-64,24721,56821,26924,640-2,515-23,659

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets167,798178,079181,396185,033179,066166,703173,684184,503193,566200,845214,949228,248231,775241,191252,079
Intangible Assets79,90428,64333,75066,59499,52875,761000000000
Investments & Other1,242,8351,305,1191,575,8771,345,5891,328,9311,279,8241,322,292940,489772,916756,286742,396720,186636,583665,938590,398
Debtors (Due After 1 year)000000000000000
Total Fixed Assets1,490,5371,511,8411,791,0231,597,2161,607,5251,522,2881,495,9761,124,992966,482957,131957,345948,434868,358907,129842,477
Stock & work in progress000000000000000
Trade Debtors25,71457,46922,1195,20189,01716,62398,34717,30412,18521,4625,33815,565002,160
Group Debtors000000000000000
Misc Debtors21,81341,7077,43523,43815,2539,59718,31011,95214,68711,24821,39213,45431,66926,2392,790
Cash47,369171,248152,587245,32570,028151,583154,731239,215247,337247,639290,741257,423295,495231,451312,775
misc current assets000000000000003,545
total current assets94,896270,424182,141273,964174,298177,803271,388268,471274,209280,349317,471286,442327,164257,690321,270
total assets1,585,4331,782,2651,973,1641,871,1801,781,8231,700,0911,767,3641,393,4631,240,6911,237,4801,274,8161,234,8761,195,5221,164,8191,163,747
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 47,69114,33716,01419,94912,76314,45623,91714,0854,54918,006004,2568,6699,754
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities18,91219,595172,929183,568110,33194,490138,72262,65560,53768,02266,66563,53168,18717,70224,107
total current liabilities66,60333,932188,943203,517123,094108,946162,63976,74065,08686,02866,66563,53172,44326,37133,861
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income174,373204,0040000000000000
other liabilities000000000000000
provisions126,778133,1490000000000000
total long term liabilities301,151337,15348,10057,82043,09033,78734,74533,77445,610000000
total liabilities367,754371,085237,043261,337166,184142,733197,384110,514110,69686,02866,66563,53172,44326,37133,861
net assets1,217,6791,411,1801,736,1211,609,8431,615,6391,557,3581,569,9801,282,9491,129,9951,151,4521,208,1511,171,3451,123,0791,138,4481,129,886
total shareholders funds1,217,6791,411,1801,736,1211,609,8431,615,6391,557,3581,569,9801,282,9491,129,9951,151,4521,208,1511,171,3451,123,0791,138,4481,129,886
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit-199,240-328,584-61,52011,56235,571-60,305254,21133,90216,579-78,3526,4245,80212,161-14,083-37,153
Depreciation10,28111,3098,6717,8726,7796,98112,43911,93810,95614,10515,14415,46712,47911,56813,494
Amortisation047,85732,84432,93400000000000
Tax000000000000000
Stock000000000000000
Debtors-51,64969,622915-75,63178,050-90,43787,4012,384-5,8385,980-2,289-2,6505,43021,2894,950
Creditors33,354-1,677-3,9357,186-1,693-9,4619,8329,536-13,45718,0060-4,256-4,413-1,0859,754
Accruals and Deferred Income-30,31450,670-10,63973,23715,841-44,23276,0672,118-7,4851,3573,134-4,65650,485-6,40524,107
Deferred Taxes & Provisions-6,371133,1490000000000000
Cash flow from operations-140,641-156,898-35,494208,422-21,552-16,580265,14855,11012,431-50,86426,99115,00765,282-31,2945,252
Investing Activities
capital expenditure-51,261-50,74200012,665-302,336-76,11920,130-1-1,845-11,940-3,063-680-265,573
Change in Investments-62,284-270,758230,28816,65849,107-42,468381,803167,57316,63013,89022,21083,603-29,35575,540590,398
cash flow from investments11,023220,016-230,288-16,658-49,10755,133-684,139-243,6923,500-13,891-24,055-95,54326,292-76,220-855,971
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00187,599-15,28928,79546,53480,721125,346-35,71020,30730,80442,806-25,34321,2841,166,257
interest5,7393,6430000-948-1,655-1,002000000
cash flow from financing5,7393,643187,599-15,28928,79546,53479,773123,691-36,71220,30730,80442,806-25,34321,2841,166,257
cash and cash equivalents
cash-123,87918,661-92,738175,297-81,555-3,148-84,484-8,122-302-43,10233,318-38,07264,044-81,324312,775
overdraft000000000000000
change in cash-123,87918,661-92,738175,297-81,555-3,148-84,484-8,122-302-43,10233,318-38,07264,044-81,324312,775

institute of food science and technology Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Institute Of Food Science And Technology Competitor Analysis

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Perform a competitor analysis for institute of food science and technology by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in W 6 area or any other competitors across 12 key performance metrics.

institute of food science and technology Ownership

INSTITUTE OF FOOD SCIENCE AND TECHNOLOGY group structure

Institute Of Food Science And Technology has no subsidiary companies.

Ultimate parent company

INSTITUTE OF FOOD SCIENCE AND TECHNOLOGY

00930776

INSTITUTE OF FOOD SCIENCE AND TECHNOLOGY Shareholders

--

institute of food science and technology directors

Institute Of Food Science And Technology currently has 10 directors. The longest serving directors include Ms Helen Munday (Mar 2019) and Mr Alec Kyriakides (Jan 2021).

officercountryagestartendrole
Ms Helen MundayEngland60 years Mar 2019- Director
Mr Alec Kyriakides60 years Jan 2021- Director
Mr Alastair MacGregor61 years Apr 2021- Director
Dr Wayne Martindale59 years Apr 2021- Director
Mr Sterling Crew66 years Mar 2022- Director
Mrs Samantha Jennings55 years Mar 2022- Director
Ms Anita Kinsey58 years Mar 2022- Director
Mr Benjamin Dodridge42 years Mar 2023- Director
Mr John Points55 years Mar 2023- Director
Ms Vasiliki Christidou61 years Mar 2024- Director

P&L

September 2023

turnover

622.6k

-10%

operating profit

-199.2k

0%

gross margin

45%

+2.88%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2023

net assets

1.2m

-0.14%

total assets

1.6m

-0.11%

cash

47.4k

-0.72%

net assets

Total assets minus all liabilities

institute of food science and technology company details

company number

00930776

Type

Private Ltd By Guarantee w/o Share Cap

industry

74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

incorporation date

April 1968

age

57

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

September 2023

previous names

institute of food science and technology of the united kingdom(the) (September 2006)

accountant

-

auditor

-

address

5 cambridge court, 210 shepherds bush road, london, W6 7NJ

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

institute of food science and technology 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 institute of food science and technology.

institute of food science and technology 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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institute of food science and technology Companies House Filings - See Documents

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