Pomanda estimates the enterprise value of SPAR FOOD DISTRIBUTORS LIMITED at £64.5m based on a Turnover of £67.6m and 0.95x industry multiple (adjusted for size and gross margin).
spar food distributors limitedEstimated Valuation
£3.1m
Pomanda estimates the enterprise value of SPAR FOOD DISTRIBUTORS LIMITED at £3.1m based on an EBITDA of £380.1k and a 8.17x industry multiple (adjusted for size and gross margin).
spar food distributors limitedEstimated Valuation
£2.7m
Pomanda estimates the enterprise value of SPAR FOOD DISTRIBUTORS LIMITED at £2.7m based on Net Assets of £980.6k and 2.76x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Spar Food Distributors LimitedOverview
Spar Food Distributors Limited is a live company located in harrow, HA1 1BE with a Companies House number of 01206150. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in April 1975, it's largest shareholder is
james hall & company (southport) ltd
with a 20% stake. Spar Food Distributors Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£67.6m with
low
growth in recent years.
Pomanda's financial health check has awarded Spar Food Distributors Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
3 Strong
1 Regular
8 Weak
Size
annual sales of £67.6m, make it larger than the average company (£1.4m)
£67.6m - Spar Food Distributors Limited
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (7.3%)
2% - Spar Food Distributors Limited
7.3% - Industry AVG
Production
with a gross margin of 25.1%, this company has a comparable cost of product (24.7%)
25.1% - Spar Food Distributors Limited
24.7% - Industry AVG
Profitability
an operating margin of 0.3% make it less profitable than the average company (3%)
0.3% - Spar Food Distributors Limited
3% - Industry AVG
Employees
with 93 employees, this is above the industry average (14)
93 - Spar Food Distributors Limited
14 - Industry AVG
Pay Structure
on an average salary of £76.7k, the company has a higher pay structure (£20.9k)
£76.7k - Spar Food Distributors Limited
£20.9k - Industry AVG
Efficiency
resulting in sales per employee of £727.1k, this is more efficient (£132.9k)
£727.1k - Spar Food Distributors Limited
£132.9k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is later than average (18 days)
35 days - Spar Food Distributors Limited
18 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (27 days)
17 days - Spar Food Distributors Limited
27 days - Industry AVG
Stock Days
it holds stock equivalent to 26 days, this is more than average (19 days)
26 days - Spar Food Distributors Limited
19 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is less cash available to meet short term requirements (26 weeks)
2 weeks - Spar Food Distributors Limited
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.1%, this is a higher level of debt than the average (64.5%)
95.1% - Spar Food Distributors Limited
64.5% - Industry AVG
SPAR FOOD DISTRIBUTORS LIMITED financials
EXPORT
Spar Food Distributors Limited's latest turnover from April 2024 is £67.6 million and the company has net assets of £980.6 thousand. According to their latest financial statements, Spar Food Distributors Limited has 93 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Turnover
67,615,949
68,935,205
66,115,264
63,410,610
61,832,289
61,493,336
66,442,089
204,106,168
189,639,572
67,250,328
62,636,235
64,805,994
66,987,826
61,701,567
194,822,204
Other Income Or Grants
Cost Of Sales
50,675,292
51,399,647
50,372,403
48,009,192
45,702,697
45,380,908
50,451,456
150,811,644
133,762,308
47,705,503
44,076,036
43,768,822
47,155,242
41,608,367
132,391,971
Gross Profit
16,940,657
17,535,558
15,742,861
15,401,418
16,129,592
16,112,428
15,990,633
53,294,524
55,877,264
19,544,825
18,560,199
21,037,172
19,832,584
20,093,200
62,430,233
Admin Expenses
16,721,866
16,883,699
15,153,335
14,831,010
15,607,280
15,618,837
15,569,718
52,859,618
55,422,326
19,153,048
18,146,586
20,653,499
19,415,484
19,633,780
62,138,375
Operating Profit
218,791
651,859
589,526
570,408
522,312
493,591
420,915
434,906
454,938
391,777
413,613
383,673
417,100
459,420
291,858
Interest Payable
144,791
209,859
147,526
131,408
80,312
122,092
90,915
115,906
131,753
134,856
623,549
630,572
657,660
661,458
630,368
Interest Receivable
71,000
51,000
12,000
19,000
595,936
563,899
575,560
602,038
45,510
Pre-Tax Profit
158,753
564,591
478,457
495,040
449,531
348,794
408,858
420,584
592,473
198,509
386,000
317,000
335,000
400,000
121,000
Tax
-98,452
-35,910
3,900
4,010
-20,000
-22,185
-921
Profit After Tax
158,753
466,139
442,547
495,040
449,531
352,694
412,868
400,584
570,288
197,588
386,000
317,000
335,000
400,000
121,000
Dividends Paid
Retained Profit
158,753
466,139
442,547
495,040
449,531
352,694
412,868
400,584
570,288
197,588
386,000
317,000
335,000
400,000
121,000
Employee Costs
7,133,753
6,857,268
6,452,207
6,418,942
5,214,142
5,186,685
4,750,551
4,728,819
4,763,882
4,649,017
4,330,933
4,100,724
4,042,879
4,123,548
4,438,858
Number Of Employees
93
96
94
98
84
81
74
72
71
70
68
62
61
62
62
EBITDA*
380,140
824,811
755,966
727,951
694,939
679,716
641,912
700,630
677,836
620,454
630,954
583,595
622,350
708,056
562,057
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Tangible Assets
167,259
216,273
257,170
204,858
191,636
190,438
219,561
312,453
196,252
210,746
425,123
451,983
333,957
392,845
411,406
Intangible Assets
23,017
18,694
65,878
76,995
61,225
89,274
7,783
83,123
134,168
116,799
Investments & Other
1,315,810
1,302,057
1,230,466
1,206,009
1,149,969
1,161,438
1,184,143
1,105,285
1,003,701
734,413
792,825
753,762
631,440
624,651
532,893
Debtors (Due After 1 year)
Total Fixed Assets
1,506,086
1,537,024
1,553,514
1,487,862
1,402,830
1,441,150
1,411,487
1,500,861
1,334,121
1,061,958
1,217,948
1,205,745
965,397
1,017,496
944,299
Stock & work in progress
3,728,166
3,222,097
2,877,636
2,656,076
2,448,335
3,207,534
2,506,388
2,324,570
2,376,525
1,626,422
2,939,779
3,192,014
2,935,607
3,140,553
2,026,411
Trade Debtors
6,557,732
9,750,849
7,144,967
6,928,710
8,788,412
15,331,740
10,833,045
6,431,073
7,663,782
7,534,303
4,385,455
4,677,031
9,365,389
13,010,665
9,254,424
Group Debtors
116
116
Misc Debtors
7,308,380
7,001,913
6,059,023
5,186,982
4,488,932
5,967,632
5,593,036
5,680,668
3,464,423
5,212,394
5,038,580
1,891,560
1,049,827
5,458,627
Cash
1,050,365
2,334,725
2,446,308
2,254,419
5,053,482
675,545
3,887,331
3,564,035
2,421,922
1,714,313
2,154,214
2,224,925
1,498,370
1,204,324
644,960
misc current assets
10,702
3,887
5,389
10,520
8,509
9,006
5,499
7,750
total current assets
18,644,643
22,309,584
18,527,934
17,026,187
20,779,161
19,214,819
23,194,396
17,923,416
18,146,784
14,344,850
14,702,362
15,141,059
15,699,932
18,410,984
17,392,288
total assets
20,150,729
23,846,608
20,081,448
18,514,049
22,181,991
20,655,969
24,605,883
19,424,277
19,480,905
15,406,808
15,920,310
16,346,804
16,665,329
19,428,480
18,336,587
Bank overdraft
8,365,792
8,526,612
6,307,034
8,153,374
6,456,333
7,423,236
7,810,856
5,944,916
5,875,924
299,614
2,364,459
1,878,395
4,111,761
4,484,643
4,681,423
Bank loan
Trade Creditors
2,372,685
3,122,806
3,126,966
1,711,978
3,566,629
2,956,824
4,327,178
2,432,376
2,305,935
3,193,413
2,158,327
2,578,146
3,516,242
2,560,115
2,392,919
Group/Directors Accounts
6,613
6,613
other short term finances
hp & lease commitments
other current liabilities
7,867,159
10,665,850
9,356,699
7,382,405
10,948,777
9,054,188
11,223,423
9,881,417
10,235,062
11,189,085
10,614,416
11,146,218
8,415,603
11,768,793
10,739,074
total current liabilities
18,605,636
22,315,268
18,790,699
17,247,757
20,971,739
19,434,248
23,361,457
18,258,709
18,416,921
14,682,112
15,137,202
15,602,759
16,043,606
18,820,164
17,820,029
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
564,452
564,452
297,000
261,090
261,090
261,090
264,990
269,000
249,000
157,000
total long term liabilities
564,452
564,452
297,000
261,090
651,090
261,090
1,230,990
2,269,000
2,065,000
2,684,000
2,309,000
2,853,000
2,200,000
1,580,000
1,816,000
total liabilities
19,170,088
22,879,720
19,087,699
17,508,847
21,622,829
19,695,338
24,592,447
20,527,709
20,481,921
17,366,112
17,446,202
18,455,759
18,243,606
20,400,164
19,636,029
net assets
980,641
966,888
993,749
1,005,202
559,162
960,631
13,436
-1,103,432
-1,001,016
-1,959,304
-1,525,892
-2,108,955
-1,578,277
-971,684
-1,299,442
total shareholders funds
980,641
966,888
993,749
1,005,202
559,162
960,631
13,436
-1,103,432
-1,001,016
-1,959,304
-1,525,892
-2,108,955
-1,578,277
-971,684
-1,299,442
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Operating Activities
Operating Profit
218,791
651,859
589,526
570,408
522,312
493,591
420,915
434,906
454,938
391,777
413,613
383,673
417,100
459,420
291,858
Depreciation
144,672
144,716
114,460
110,165
135,253
163,105
160,851
173,891
127,021
228,677
217,341
199,922
205,250
248,636
270,199
Amortisation
16,677
28,236
51,980
47,378
37,374
23,020
60,146
91,833
95,877
Tax
-98,452
-35,910
3,900
4,010
-20,000
-22,185
-921
Stock
506,069
344,461
221,560
207,741
-759,199
701,146
181,818
-51,955
750,103
-1,313,357
-252,235
256,407
-204,946
1,114,142
2,026,411
Debtors
-2,886,650
3,548,772
1,088,298
-1,161,652
-2,054,396
-1,468,937
4,776,568
-1,320,341
2,345,724
1,400,877
-117,762
-1,541,338
-2,803,659
-652,559
14,713,167
Creditors
-750,121
-4,160
1,414,988
-1,854,651
609,805
-1,370,354
1,894,802
126,441
-887,478
1,035,086
-419,819
-938,096
956,127
167,196
2,392,919
Accruals and Deferred Income
-2,798,691
1,309,151
1,974,294
-3,566,372
1,894,589
-2,169,235
1,342,006
-353,645
-954,023
574,669
-531,802
2,730,615
-3,353,190
1,029,719
10,739,074
Deferred Taxes & Provisions
267,452
35,910
-3,900
-4,010
20,000
92,000
157,000
Cash flow from operations
-788,091
-1,594,431
2,835,390
-3,739,161
6,012,928
-2,092,082
-1,079,666
1,845,722
-4,189,677
2,298,768
49,330
3,661,045
1,233,892
1,443,388
-3,045,528
Investing Activities
capital expenditure
-238,493
-46,180
-300,556
-216,915
-140,906
-179,786
-313,620
-128,638
-209,188
-228,403
Change in Investments
13,753
71,591
24,457
56,040
-11,469
-22,705
78,858
101,584
269,288
-58,412
39,063
122,322
6,789
91,758
532,893
cash flow from investments
-13,753
-71,591
-24,457
-56,040
11,469
-215,788
-125,038
-402,140
-486,203
-82,494
-218,849
-435,942
-135,427
-300,946
-761,296
Financing Activities
Bank loans
Group/Directors Accounts
-6,613
6,613
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-145,000
-493,000
-454,000
-49,000
-851,000
594,501
704,000
-503,000
388,000
-631,000
197,063
-847,678
-941,593
-72,242
-1,420,442
interest
-73,791
-158,859
-135,526
-131,408
-61,312
-122,092
-90,915
-115,906
-131,753
-134,856
-27,613
-66,673
-82,100
-59,420
-584,858
cash flow from financing
-218,791
-651,859
-589,526
-180,408
-912,312
472,409
613,085
-618,906
256,247
-765,856
169,450
-914,351
-1,030,306
-131,662
-1,998,687
cash and cash equivalents
cash
-1,284,360
-111,583
191,889
-2,799,063
4,377,937
-3,211,786
323,296
1,142,113
707,609
-439,901
-70,711
726,555
294,046
559,364
644,960
overdraft
-160,820
2,219,578
-1,846,340
1,697,041
-966,903
-387,620
1,865,940
68,992
5,576,310
-2,064,845
486,064
-2,233,366
-372,882
-196,780
4,681,423
change in cash
-1,123,540
-2,331,161
2,038,229
-4,496,104
5,344,840
-2,824,166
-1,542,644
1,073,121
-4,868,701
1,624,944
-556,775
2,959,921
666,928
756,144
-4,036,463
spar food distributors limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for spar food distributors limited. Get real-time insights into spar food distributors limited's credit score, group structure and payment trends.
Perform a competitor analysis for spar food distributors limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in HA1 area or any other competitors across 12 key performance metrics.
spar food distributors limited Ownership
SPAR FOOD DISTRIBUTORS LIMITED group structure
Spar Food Distributors Limited has 1 subsidiary company.
The largest shareholders in Spar Food Distributors Limited include James Hall & Company (Southport) Ltd and C J Lang & Son Ltd.
james hall & company (southport) ltd
20%
c j lang & son ltd
20%
a f blakemore & son ltd
20%
appleby westward group plc
20%
john henderson ltd
20%
spar food distributors limited directors
Spar Food Distributors Limited currently has 7 directors.
The longest serving directors include
Mr Martin Agnew (Jan 1999) and
Mr Michael Hall (Nov 2007).
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 spar food distributors limited.
spar food distributors 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.
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spar food distributors limitedCompanies House Filings - See Documents
