kitchen range foods limited
kitchen range foods limited Company Information
Company Number
01004539
Website
www.kitchenrangefoods.comRegistered Address
kingfisher way, hinching brooke business park, huntingdon, cambridgeshire, PE29 6FJ
Industry
Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes
Telephone
01480445900
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
moy park (newco) limited 100%
kitchen range foods limited Estimated Valuation
Pomanda estimates the enterprise value of KITCHEN RANGE FOODS LIMITED at £12.6m based on a Turnover of £31.4m and 0.4x industry multiple (adjusted for size and gross margin).
kitchen range foods limited Estimated Valuation
Pomanda estimates the enterprise value of KITCHEN RANGE FOODS LIMITED at £0 based on an EBITDA of £-3.7m and a 3.11x industry multiple (adjusted for size and gross margin).
kitchen range foods limited Estimated Valuation
Pomanda estimates the enterprise value of KITCHEN RANGE FOODS LIMITED at £14.1m based on Net Assets of £6.2m and 2.26x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Kitchen Range Foods Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Kitchen Range Foods Limited Overview
Kitchen Range Foods Limited is a live company located in huntingdon, PE29 6FJ with a Companies House number of 01004539. It operates in the manufacture of rusks and biscuits sector, SIC Code 10720. Founded in March 1971, it's largest shareholder is moy park (newco) limited with a 100% stake. Kitchen Range Foods Limited is a mature, large sized company, Pomanda has estimated its turnover at £31.4m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Kitchen Range Foods Limited Health Check
Pomanda's financial health check has awarded Kitchen Range Foods Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £31.4m, make it larger than the average company (£21.7m)
£31.4m - Kitchen Range Foods Limited
£21.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (2.5%)
-8% - Kitchen Range Foods Limited
2.5% - Industry AVG
Production
with a gross margin of -3.9%, this company has a higher cost of product (18.9%)
-3.9% - Kitchen Range Foods Limited
18.9% - Industry AVG
Profitability
an operating margin of -14.6% make it less profitable than the average company (0.5%)
-14.6% - Kitchen Range Foods Limited
0.5% - Industry AVG
Employees
with 242 employees, this is similar to the industry average (221)
242 - Kitchen Range Foods Limited
221 - Industry AVG
Pay Structure
on an average salary of £32.7k, the company has an equivalent pay structure (£30k)
£32.7k - Kitchen Range Foods Limited
£30k - Industry AVG
Efficiency
resulting in sales per employee of £129.7k, this is more efficient (£96.4k)
£129.7k - Kitchen Range Foods Limited
£96.4k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is near the average (56 days)
58 days - Kitchen Range Foods Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 93 days, this is slower than average (49 days)
93 days - Kitchen Range Foods Limited
49 days - Industry AVG
Stock Days
it holds stock equivalent to 64 days, this is more than average (39 days)
64 days - Kitchen Range Foods Limited
39 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Kitchen Range Foods Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73.9%, this is a higher level of debt than the average (49.1%)
73.9% - Kitchen Range Foods Limited
49.1% - Industry AVG
kitchen range foods limited Credit Report and Business Information
Kitchen Range Foods Limited Competitor Analysis
Perform a competitor analysis for kitchen range foods limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
kitchen range foods limited Ownership
KITCHEN RANGE FOODS LIMITED group structure
Kitchen Range Foods Limited has 1 subsidiary company.
Ultimate parent company
JBS SA
#0063272
2 parents
KITCHEN RANGE FOODS LIMITED
01004539
1 subsidiary
kitchen range foods limited directors
Kitchen Range Foods Limited currently has 10 directors. The longest serving directors include Mr Fabio Sandri (Sep 2017) and Mr Fabio Sandri (Sep 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Fabio Sandri | 52 years | Sep 2017 | - | Director | |
| Mr Fabio Sandri | 52 years | Sep 2017 | - | Director | |
| Mr Matthew Galvanoni | United States | 52 years | Oct 2021 | - | Director |
| Mr Matthew Galvanoni | United States | 52 years | Oct 2021 | - | Director |
| Mr Justin Coleman | 48 years | Jul 2022 | - | Director | |
| Mr Ivan Siqueira | 47 years | Jan 2024 | - | Director | |
| Mr Morten Knudsen | 53 years | Feb 2024 | - | Director | |
| Mr Morten Knudsen | United Kingdom | 53 years | Feb 2024 | - | Director |
| Mr Nicholas Robinson | 55 years | Mar 2024 | - | Director | |
| Mrs Kirsty Wilkins | 54 years | Mar 2024 | - | Director |
KITCHEN RANGE FOODS LIMITED financials
Kitchen Range Foods Limited's latest turnover from December 2022 is £31.4 million and the company has net assets of £6.2 million. According to their latest financial statements, Kitchen Range Foods Limited has 242 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 31,378,000 | 38,573,000 | 20,588,000 | 40,393,000 | 36,015,000 | 33,630,000 | 29,116,000 | 36,865,000 | 33,939,000 | 34,807,000 | 35,109,000 | 33,928,000 | 30,484,000 | 32,068,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 32,606,000 | 35,986,000 | 21,022,000 | 36,436,000 | 31,712,000 | 28,760,000 | 24,702,000 | 32,903,000 | 29,992,000 | 29,897,000 | 30,163,000 | 29,313,000 | 25,037,000 | 26,656,000 |
| Gross Profit | -1,228,000 | 2,587,000 | -434,000 | 3,957,000 | 4,303,000 | 4,870,000 | 4,414,000 | 3,962,000 | 3,947,000 | 4,910,000 | 4,946,000 | 4,615,000 | 5,447,000 | 5,412,000 |
| Admin Expenses | 3,344,000 | 3,138,000 | 2,417,000 | 3,039,000 | 3,322,000 | 3,463,000 | 3,455,000 | 4,599,000 | 4,607,000 | 4,530,000 | 4,351,000 | 4,430,000 | 3,666,000 | 3,842,000 |
| Operating Profit | -4,572,000 | -551,000 | -2,851,000 | 918,000 | 981,000 | 1,407,000 | 959,000 | -637,000 | -660,000 | 380,000 | 595,000 | 185,000 | 1,781,000 | 1,570,000 |
| Interest Payable | 120,000 | 86,000 | 13,000 | 32,000 | 7,000 | 7,000 | 7,000 | 24,000 | 8,000 | 7,000 | 1,000 | 2,000 | 1,000 | 204,000 |
| Interest Receivable | 1,000 | 5,000 | 18,000 | 68,000 | 96,000 | 13,000 | 156,000 | 145,000 | 145,000 | 140,000 | 61,000 | 17,000 | 15,000 | 27,000 |
| Pre-Tax Profit | -4,691,000 | -632,000 | -2,846,000 | 954,000 | 1,070,000 | 1,413,000 | 1,108,000 | -516,000 | -523,000 | 513,000 | 655,000 | 200,000 | 1,795,000 | 1,364,000 |
| Tax | 346,000 | -68,000 | -65,000 | -182,000 | -155,000 | -289,000 | -229,000 | -65,000 | -70,000 | -131,000 | -180,000 | -51,000 | -287,000 | -488,000 |
| Profit After Tax | -4,345,000 | -700,000 | -2,911,000 | 772,000 | 915,000 | 1,124,000 | 879,000 | -581,000 | -593,000 | 382,000 | 475,000 | 149,000 | 1,508,000 | 876,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -4,345,000 | -700,000 | -2,911,000 | 772,000 | 915,000 | 1,124,000 | 879,000 | -581,000 | -593,000 | 382,000 | 475,000 | 149,000 | 1,508,000 | 876,000 |
| Employee Costs | 7,915,000 | 7,578,000 | 5,385,000 | 6,212,000 | 5,505,000 | 5,544,000 | 5,616,000 | 7,594,000 | 7,673,000 | 7,574,000 | 6,990,000 | 6,974,000 | 6,226,000 | 6,215,000 |
| Number Of Employees | 242 | 238 | 206 | 203 | 192 | 193 | 196 | 248 | 251 | 249 | 253 | 241 | 220 | 231 |
| EBITDA* | -3,697,000 | 316,000 | -2,150,000 | 1,647,000 | 1,290,000 | 1,770,000 | 1,299,000 | -40,000 | 36,000 | 1,008,000 | 1,192,000 | 728,000 | 2,359,000 | 2,305,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 9,287,000 | 9,308,000 | 4,770,000 | 4,186,000 | 2,056,000 | 1,781,000 | 1,956,000 | 2,914,000 | 3,278,000 | 3,608,000 | 3,954,000 | 3,978,000 | 3,704,000 | 3,480,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 383,000 | 0 | 31,000 | 92,000 | 151,000 | 168,000 | 181,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 9,720,000 | 9,358,000 | 4,851,000 | 4,328,000 | 2,257,000 | 1,999,000 | 2,187,000 | 2,914,000 | 3,278,000 | 3,608,000 | 3,954,000 | 3,978,000 | 3,704,000 | 3,480,000 |
| Stock & work in progress | 5,801,000 | 3,694,000 | 3,360,000 | 2,472,000 | 2,232,000 | 3,210,000 | 2,854,000 | 3,114,000 | 3,307,000 | 3,505,000 | 2,729,000 | 3,163,000 | 2,417,000 | 2,434,000 |
| Trade Debtors | 5,034,000 | 2,410,000 | 1,713,000 | 2,223,000 | 1,832,000 | 2,941,000 | 2,657,000 | 3,819,000 | 3,597,000 | 3,908,000 | 3,674,000 | 3,390,000 | 3,255,000 | 3,431,000 |
| Group Debtors | 2,724,000 | 4,614,000 | 6,913,000 | 8,722,000 | 10,463,000 | 301,000 | 80,000 | 4,334,000 | 4,383,000 | 0 | 4,027,000 | 906,000 | 754,000 | 87,000 |
| Misc Debtors | 325,000 | 187,000 | 387,000 | 840,000 | 431,000 | 577,000 | 447,000 | 581,000 | 664,000 | 5,256,000 | 730,000 | 690,000 | 629,000 | 530,000 |
| Cash | 0 | 258,000 | 459,000 | 1,073,000 | 542,000 | 9,505,000 | 8,481,000 | 3,723,000 | 2,856,000 | 2,657,000 | 3,144,000 | 4,960,000 | 5,778,000 | 4,721,000 |
| misc current assets | 263,000 | 263,000 | 263,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 14,147,000 | 11,426,000 | 13,095,000 | 15,330,000 | 15,500,000 | 16,534,000 | 14,519,000 | 15,571,000 | 14,807,000 | 15,326,000 | 14,304,000 | 13,109,000 | 12,833,000 | 11,203,000 |
| total assets | 23,867,000 | 20,784,000 | 17,946,000 | 19,658,000 | 17,757,000 | 18,533,000 | 16,706,000 | 18,485,000 | 18,085,000 | 18,934,000 | 18,258,000 | 17,087,000 | 16,537,000 | 14,683,000 |
| Bank overdraft | 282,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 8,369,000 | 4,491,000 | 5,405,000 | 4,474,000 | 3,555,000 | 5,163,000 | 4,515,000 | 5,982,000 | 4,321,000 | 4,161,000 | 3,768,000 | 3,455,000 | 3,168,000 | 2,974,000 |
| Group/Directors Accounts | 3,242,000 | 230,000 | 59,000 | 98,000 | 156,000 | 137,000 | 87,000 | 0 | 0 | 0 | 312,000 | 489,000 | 410,000 | 310,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 857,000 | 325,000 | 100,000 | 212,000 | 3,000 | 25,000 | 37,000 | 37,000 | 37,000 | 20,000 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,060,000 | 1,094,000 | 865,000 | 580,000 | 617,000 | 693,000 | 652,000 | 1,076,000 | 1,606,000 | 1,948,000 | 1,894,000 | 1,271,000 | 1,170,000 | 1,438,000 |
| total current liabilities | 13,810,000 | 6,140,000 | 6,429,000 | 5,364,000 | 4,331,000 | 6,018,000 | 5,291,000 | 7,095,000 | 5,964,000 | 6,129,000 | 5,974,000 | 5,215,000 | 4,748,000 | 4,722,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 136,000 | 214,000 | 148,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 3,742,000 | 4,021,000 | 230,000 | 96,000 | 0 | 4,000 | 28,000 | 68,000 | 107,000 | 74,000 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 73,000 | 36,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 3,815,000 | 4,057,000 | 230,000 | 96,000 | 0 | 4,000 | 28,000 | 68,000 | 107,000 | 74,000 | 0 | 0 | 0 | 0 |
| total liabilities | 17,625,000 | 10,197,000 | 6,659,000 | 5,460,000 | 4,331,000 | 6,022,000 | 5,319,000 | 7,163,000 | 6,071,000 | 6,203,000 | 5,974,000 | 5,215,000 | 4,748,000 | 4,722,000 |
| net assets | 6,242,000 | 10,587,000 | 11,287,000 | 14,198,000 | 13,426,000 | 12,511,000 | 11,387,000 | 11,322,000 | 12,014,000 | 12,731,000 | 12,284,000 | 11,872,000 | 11,789,000 | 9,961,000 |
| total shareholders funds | 6,242,000 | 10,587,000 | 11,287,000 | 14,198,000 | 13,426,000 | 12,511,000 | 11,387,000 | 11,322,000 | 12,014,000 | 12,731,000 | 12,284,000 | 11,872,000 | 11,789,000 | 9,961,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -4,572,000 | -551,000 | -2,851,000 | 918,000 | 981,000 | 1,407,000 | 959,000 | -637,000 | -660,000 | 380,000 | 595,000 | 185,000 | 1,781,000 | 1,570,000 |
| Depreciation | 875,000 | 867,000 | 701,000 | 729,000 | 309,000 | 363,000 | 340,000 | 597,000 | 696,000 | 628,000 | 597,000 | 543,000 | 578,000 | 735,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 346,000 | -68,000 | -65,000 | -182,000 | -155,000 | -289,000 | -229,000 | -65,000 | -70,000 | -131,000 | -180,000 | -51,000 | -287,000 | -488,000 |
| Stock | 2,107,000 | 334,000 | 888,000 | 240,000 | -978,000 | 356,000 | -260,000 | -193,000 | -198,000 | 776,000 | -434,000 | 746,000 | -17,000 | 2,434,000 |
| Debtors | 1,255,000 | -1,833,000 | -2,833,000 | -1,000,000 | 8,890,000 | 622,000 | -5,369,000 | 90,000 | -520,000 | 733,000 | 3,445,000 | 348,000 | 590,000 | 4,048,000 |
| Creditors | 3,878,000 | -914,000 | 931,000 | 919,000 | -1,608,000 | 648,000 | -1,467,000 | 1,661,000 | 160,000 | 393,000 | 313,000 | 287,000 | 194,000 | 2,974,000 |
| Accruals and Deferred Income | -34,000 | 229,000 | 285,000 | -37,000 | -76,000 | 41,000 | -424,000 | -530,000 | -342,000 | 54,000 | 623,000 | 101,000 | -268,000 | 1,438,000 |
| Deferred Taxes & Provisions | 37,000 | 36,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -2,832,000 | 1,098,000 | 946,000 | 3,107,000 | -8,461,000 | 1,192,000 | 4,808,000 | 1,129,000 | 502,000 | -185,000 | -1,063,000 | -29,000 | 1,425,000 | -253,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 3,012,000 | 171,000 | -39,000 | -58,000 | 19,000 | 50,000 | 87,000 | 0 | 0 | -312,000 | -177,000 | 79,000 | 100,000 | 310,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | -136,000 | -78,000 | 66,000 | 148,000 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 253,000 | 4,016,000 | 22,000 | 305,000 | -26,000 | -36,000 | -40,000 | -39,000 | 50,000 | 94,000 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -119,000 | -81,000 | 5,000 | 36,000 | 89,000 | 6,000 | 149,000 | 121,000 | 137,000 | 133,000 | 60,000 | 15,000 | 14,000 | -177,000 |
| cash flow from financing | 3,146,000 | 4,106,000 | -12,000 | 283,000 | 82,000 | 20,000 | -754,000 | -107,000 | 129,000 | 128,000 | -180,000 | 28,000 | 434,000 | 9,218,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -258,000 | -201,000 | -614,000 | 531,000 | -8,963,000 | 1,024,000 | 4,758,000 | 867,000 | 199,000 | -487,000 | -1,816,000 | -818,000 | 1,057,000 | 4,721,000 |
| overdraft | 282,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -540,000 | -201,000 | -614,000 | 531,000 | -8,963,000 | 1,024,000 | 4,758,000 | 867,000 | 199,000 | -487,000 | -1,816,000 | -818,000 | 1,057,000 | 4,721,000 |
P&L
December 2022turnover
31.4m
-19%
operating profit
-4.6m
+730%
gross margin
-3.9%
-158.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
6.2m
-0.41%
total assets
23.9m
+0.15%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
kitchen range foods limited company details
company number
01004539
Type
Private limited with Share Capital
industry
10720 - Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes
incorporation date
March 1971
age
53
accounts
Full Accounts
ultimate parent company
previous names
kitchen range (foods) limited (November 1984)
incorporated
UK
address
kingfisher way, hinching brooke business park, huntingdon, cambridgeshire, PE29 6FJ
last accounts submitted
December 2022
kitchen range foods 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 10 charges/mortgages relating to kitchen range foods limited. Currently there are 0 open charges and 10 have been satisfied in the past.
kitchen range foods limited Companies House Filings - See Documents
| date | description | view/download |
|---|
