ab world foods limited

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ab world foods limited Company Information

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Company Number

01400901

Registered Address

weston centre, 10 grosvenor street, london, W1K 4QY

Industry

Manufacture of other food products n.e.c.

 

Telephone

01732224200

Next Accounts Due

May 2025

Group Structure

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Directors

Andrew Mayhew16 Years

Stephen Henderson8 Years

View All

Shareholders

worldwing investments ltd 100%

ab world foods limited Estimated Valuation

£167.3m - £277m

The estimated valuation range for ab world foods limited, derived from financial data as of August 2023 and the most recent industry multiples, is between £167.3m to £277m

ab world foods limited Estimated Valuation

£167.3m - £277m

The estimated valuation range for ab world foods limited, derived from financial data as of August 2023 and the most recent industry multiples, is between £167.3m to £277m

ab world foods limited Estimated Valuation

£167.3m - £277m

The estimated valuation range for ab world foods limited, derived from financial data as of August 2023 and the most recent industry multiples, is between £167.3m to £277m

Get a detailed valuation report, edit figures and unlock valuation multiples.

Ab World Foods Limited AI Business Plan

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Ab World Foods Limited Overview

Ab World Foods Limited is a live company located in london, W1K 4QY with a Companies House number of 01400901. It operates in the manufacture of other food products n.e.c. sector, SIC Code 10890. Founded in November 1978, it's largest shareholder is worldwing investments ltd with a 100% stake. Ab World Foods Limited is a mature, mega sized company, Pomanda has estimated its turnover at £223.6m with healthy growth in recent years.

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Ab World Foods Limited Health Check

Pomanda's financial health check has awarded Ab World Foods Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £223.6m, make it larger than the average company (£24.1m)

£223.6m - Ab World Foods Limited

£24.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (6%)

8% - Ab World Foods Limited

6% - Industry AVG

production

Production

with a gross margin of 22.9%, this company has a comparable cost of product (23.2%)

22.9% - Ab World Foods Limited

23.2% - Industry AVG

profitability

Profitability

an operating margin of 7.3% make it more profitable than the average company (3.1%)

7.3% - Ab World Foods Limited

3.1% - Industry AVG

employees

Employees

with 470 employees, this is above the industry average (127)

470 - Ab World Foods Limited

127 - Industry AVG

paystructure

Pay Structure

on an average salary of £63.1k, the company has a higher pay structure (£36.3k)

£63.1k - Ab World Foods Limited

£36.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £475.8k, this is more efficient (£206.3k)

£475.8k - Ab World Foods Limited

£206.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 33 days, this is earlier than average (48 days)

33 days - Ab World Foods Limited

48 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 22 days, this is quicker than average (46 days)

22 days - Ab World Foods Limited

46 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 53 days, this is in line with average (50 days)

53 days - Ab World Foods Limited

50 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (5 weeks)

1 weeks - Ab World Foods Limited

5 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 21.9%, this is a lower level of debt than the average (56.8%)

21.9% - Ab World Foods Limited

56.8% - Industry AVG

ab world foods 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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Ab World Foods Limited Competitor Analysis

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Perform a competitor analysis for ab world foods limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

ab world foods limited Ownership

AB WORLD FOODS LIMITED group structure

Ab World Foods Limited has 4 subsidiary companies.

AB WORLD FOODS LIMITED Shareholders

worldwing investments ltd 100%

ab world foods limited directors

Ab World Foods Limited currently has 3 directors. The longest serving directors include Mr Andrew Mayhew (Sep 2007) and Mr Stephen Henderson (Oct 2015).

officercountryagestartendrole
Mr Andrew MayhewUnited Kingdom54 years Sep 2007- Director
Mr Stephen Henderson52 years Oct 2015- Director
Mr Adrian KeeEngland47 years Aug 2022- Director

AB WORLD FOODS LIMITED financials

EXPORTms excel logo

Ab World Foods Limited's latest turnover from August 2023 is £223.6 million and the company has net assets of £131.5 million. According to their latest financial statements, Ab World Foods Limited has 470 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2023Aug 2022Aug 2021Aug 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover223,646,000184,352,000193,481,000179,156,000163,755,000155,058,000146,895,000144,279,000142,175,000151,439,000147,480,000143,484,535144,552,426136,047,051124,630,913
Other Income Or Grants000000000000000
Cost Of Sales172,423,000143,826,000143,754,000130,249,000120,227,000111,794,000102,357,00099,619,000100,161,000109,783,000107,027,000106,248,693103,181,38298,470,499103,710,845
Gross Profit51,223,00040,526,00049,727,00048,907,00043,528,00043,264,00044,538,00044,660,00042,014,00041,656,00040,453,00037,235,84241,371,04437,576,55220,920,068
Admin Expenses34,869,00026,242,00028,781,00027,353,00025,186,00025,759,00026,225,00026,965,00026,362,00027,634,00028,073,00024,690,39026,677,79224,241,33016,296,431
Operating Profit16,354,00014,284,00020,946,00021,554,00018,342,00017,505,00018,313,00017,695,00015,652,00014,022,00012,380,00012,545,45214,693,25213,335,2224,623,637
Interest Payable49,00020,00027,00021,00020,00018,00026,000127,000122,000159,000116,000137,08558,920160,077811,413
Interest Receivable2,770,000484,000238,000385,000342,000134,000015,000015,0001,00011,388019,98392,896
Pre-Tax Profit19,075,00014,748,00021,157,00021,918,00018,664,00017,621,00018,287,00017,583,00015,530,00013,878,00012,265,00012,419,75614,634,33213,195,1283,905,120
Tax-4,147,000-2,883,000-4,441,000-4,413,000-3,457,000-3,303,000-3,805,000-3,324,000-3,252,000-3,088,000-2,629,000-2,963,039-3,915,482-3,662,466-1,299,773
Profit After Tax14,928,00011,865,00016,716,00017,505,00015,207,00014,318,00014,482,00014,259,00012,278,00010,790,0009,636,0009,456,71710,718,8509,532,6622,605,347
Dividends Paid000000012,000,00010,000,00010,790,0009,636,0000000
Retained Profit14,928,00011,865,00016,716,00017,505,00015,207,00014,318,00014,482,0002,259,0002,278,000009,456,71710,718,8509,532,6622,605,347
Employee Costs29,674,00025,693,00026,583,00024,882,00021,028,00020,243,00018,747,00020,371,00019,001,00019,143,00017,862,00016,062,74617,948,67615,573,08913,685,043
Number Of Employees470463478463422403386397419403387365393396403
EBITDA*20,037,00017,505,00024,133,00024,657,00020,432,00019,543,00020,389,00019,802,00017,786,00015,747,00014,076,00014,064,71415,967,78314,482,5425,680,791

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Aug 2022Aug 2021Aug 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets19,201,00020,078,00019,816,00016,637,00016,197,00016,154,00017,127,00017,801,00018,874,00019,566,00016,650,00014,117,13413,787,17312,290,01411,520,229
Intangible Assets8,891,0005,852,0006,450,0007,093,000810,000516,000398,000475,000506,000002222
Investments & Other00000000000326,800326,800326,800326,800
Debtors (Due After 1 year)000000000000000
Total Fixed Assets28,092,00025,930,00026,266,00023,730,00017,007,00016,670,00017,525,00018,276,00019,380,00019,566,00016,650,00014,443,93614,113,97512,616,81611,847,031
Stock & work in progress25,148,00022,602,00021,987,00022,774,00016,276,00013,003,00013,640,00011,442,00010,142,00011,406,00014,170,00012,775,01914,003,72313,588,33310,708,886
Trade Debtors20,652,00021,843,00023,601,00023,121,00020,888,00020,390,00020,958,00018,695,00020,112,00021,010,00020,375,00021,918,13120,708,17516,533,82719,791,822
Group Debtors89,236,00081,248,00071,715,00063,147,00042,195,00028,676,00013,775,0002,845,0002,407,0002,078,0001,844,00006,079,338710,6303,748,559
Misc Debtors4,180,0009,143,0004,274,0004,153,0003,420,0003,280,0003,260,0005,111,0003,268,0001,875,0002,179,0003,569,5803,228,0602,777,5801,976,838
Cash1,146,000363,0001,046,000309,000196,00078,0001,405,0000606,000525,0001,019,0000117,6491,672,9451,312,988
misc current assets0000000017,000000000
total current assets140,362,000135,199,000122,623,000113,504,00082,975,00065,427,00053,038,00038,093,00036,552,00036,894,00039,587,00038,262,73044,136,94535,283,31537,539,093
total assets168,454,000161,129,000148,889,000137,234,00099,982,00082,097,00070,563,00056,369,00055,932,00056,460,00056,237,00052,706,66658,250,92047,900,13149,386,124
Bank overdraft335,000482,000165,0000134,000421,000060,000000103,888000
Bank loan000000000000000
Trade Creditors 10,790,0007,778,0006,293,0006,583,0007,859,0006,824,0006,330,0007,331,0005,108,0006,416,0006,887,0007,210,7899,214,1928,315,8476,321,593
Group/Directors Accounts9,032,00012,597,00011,819,00014,475,00010,238,0007,624,0008,791,0006,086,00010,375,00010,266,0008,527,0003,932,23124,2174,100,85222,310,980
other short term finances509,000997,000746,000423,000284,000161,000521,000501,000980,000000000
hp & lease commitments157,000171,000100,000229,00000000000000
other current liabilities13,359,00019,578,00021,646,00024,075,00010,195,00011,076,00013,520,00013,669,00015,017,00017,359,00014,405,00014,811,32021,697,44418,953,81413,809,254
total current liabilities34,182,00041,603,00040,769,00045,785,00028,710,00026,106,00029,162,00027,647,00031,480,00034,041,00029,819,00026,058,22830,935,85331,370,51342,441,827
loans002,620,000000000000000
hp & lease commitments561,000688,00064,000210,00000000000000
Accruals and Deferred Income0002,000,00000000000000
other liabilities00000000000029,86400
provisions2,190,0002,100,0001,385,0001,288,0001,023,0001,183,0001,222,0001,397,0001,353,0001,406,0001,280,0001,344,1821,437,6641,313,5641,202,302
total long term liabilities2,751,0002,788,0004,069,0003,498,0001,023,0001,183,0001,222,0001,397,0001,353,0001,406,0001,280,0001,344,1821,467,5281,313,5641,202,302
total liabilities36,933,00044,391,00044,838,00049,283,00029,733,00027,289,00030,384,00029,044,00032,833,00035,447,00031,099,00027,402,41032,403,38132,684,07743,644,129
net assets131,521,000116,738,000104,051,00087,951,00070,249,00054,808,00040,179,00027,325,00023,099,00021,013,00025,138,00025,304,25625,847,53915,216,0545,741,995
total shareholders funds131,521,000116,738,000104,051,00087,951,00070,249,00054,808,00040,179,00027,325,00023,099,00021,013,00025,138,00025,304,25625,847,53915,216,0545,741,995
Aug 2023Aug 2022Aug 2021Aug 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit16,354,00014,284,00020,946,00021,554,00018,342,00017,505,00018,313,00017,695,00015,652,00014,022,00012,380,00012,545,45214,693,25213,335,2224,623,637
Depreciation2,721,0002,535,0002,389,0002,258,0001,907,0001,873,0001,900,0001,915,0001,938,0001,725,0001,696,0001,519,2621,274,5311,147,3201,057,154
Amortisation962,000686,000798,000845,000183,000165,000176,000192,000196,000000000
Tax-4,147,000-2,883,000-4,441,000-4,413,000-3,457,000-3,303,000-3,805,000-3,324,000-3,252,000-3,088,000-2,629,000-2,963,039-3,915,482-3,662,466-1,299,773
Stock2,546,000615,000-787,0006,498,0003,273,000-637,0002,198,0001,300,000-1,264,000-2,764,0001,394,981-1,228,704415,3902,879,44710,708,886
Debtors1,834,00012,644,0009,169,00023,918,00014,157,00014,353,00011,342,000864,000824,000565,000-1,089,711-4,527,8629,993,536-5,495,18225,517,219
Creditors3,012,0001,485,000-290,000-1,276,0001,035,000494,000-1,001,0002,223,000-1,308,000-471,000-323,789-2,003,403898,3451,994,2546,321,593
Accruals and Deferred Income-6,219,000-2,068,000-4,429,00015,880,000-881,000-2,444,000-149,000-1,348,000-2,342,0002,954,000-406,320-6,886,1242,743,6305,144,56013,809,254
Deferred Taxes & Provisions90,000715,00097,000265,000-160,000-39,000-175,00044,000-53,000126,000-64,182-93,482124,100111,2621,202,302
Cash flow from operations8,393,0001,495,0006,688,0004,697,000-461,000535,0001,719,00015,233,00011,271,00017,467,00010,347,4397,875,2325,409,45020,685,887-10,511,938
Investing Activities
capital expenditure-5,845,000-2,885,000-5,723,000-9,826,000-2,427,000-1,183,000-1,325,000-1,003,000-1,948,000-4,641,000-4,228,864-1,849,223-2,771,690-1,917,105-12,577,385
Change in Investments0000000000-326,800000326,800
cash flow from investments-5,845,000-2,885,000-5,723,000-9,826,000-2,427,000-1,183,000-1,325,000-1,003,000-1,948,000-4,641,000-3,902,064-1,849,223-2,771,690-1,917,105-12,904,185
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-3,565,000778,000-2,656,0004,237,0002,614,000-1,167,0002,705,000-4,289,000109,0001,739,0004,594,7693,908,014-4,076,635-18,210,12822,310,980
Other Short Term Loans -488,000251,000323,000139,000123,000-360,00020,000-479,000980,000000000
Long term loans0-2,620,0002,620,000000000000000
Hire Purchase and Lease Commitments-141,000695,000-275,000439,00000000000000
other long term liabilities00000000000-29,86429,86400
share issue-145,000822,000-616,000197,000234,000311,000-1,628,0001,967,000-192,000-4,125,000-166,256-10,000,000-87,365-58,6033,136,648
interest2,721,000464,000211,000364,000322,000116,000-26,000-112,000-122,000-144,000-115,000-125,697-58,920-140,094-718,517
cash flow from financing-1,618,000390,000-393,0005,376,0003,293,000-1,100,0001,071,000-2,913,000775,000-2,530,0004,313,513-6,247,547-4,193,056-18,408,82524,729,111
cash and cash equivalents
cash783,000-683,000737,000113,000118,000-1,327,0001,405,000-606,00081,000-494,0001,019,000-117,649-1,555,296359,9571,312,988
overdraft-147,000317,000165,000-134,000-287,000421,000-60,00060,00000-103,888103,888000
change in cash930,000-1,000,000572,000247,000405,000-1,748,0001,465,000-666,00081,000-494,0001,122,888-221,537-1,555,296359,9571,312,988

P&L

August 2023

turnover

223.6m

+21%

operating profit

16.4m

+14%

gross margin

23%

+4.19%

turnover

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

Balance Sheet

August 2023

net assets

131.5m

+0.13%

total assets

168.5m

+0.05%

cash

1.1m

+2.16%

net assets

Total assets minus all liabilities

ab world foods limited company details

company number

01400901

Type

Private limited with Share Capital

industry

10890 - Manufacture of other food products n.e.c.

incorporation date

November 1978

age

46

accounts

Full Accounts

ultimate parent company

previous names

patak's foods limited (March 2008)

kirpac limited (February 2001)

incorporated

UK

address

weston centre, 10 grosvenor street, london, W1K 4QY

last accounts submitted

August 2023

ab world 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 9 charges/mortgages relating to ab world foods limited. Currently there are 5 open charges and 4 have been satisfied in the past.

charges

ab world foods limited Companies House Filings - See Documents

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