Quayside Frozen Foods (newcastle) Limited

POWER SEARCH PRICING

SOLUTIONS

quayside frozen foods (newcastle) limited Company Information

Live

MatureMidDeclining

Company Number

01725454

Website

www.quaysidewholesale.co.uk

Registered Address

c/o ams corporate floor 2, portland street, manchester, M1 3BE

Industry

Non-specialised wholesale trade

Telephone

01914820303

Next Accounts Due

February 2025

Group Structure

View All

Directors

Shaqayeq Hemmatian1 Years

Andrew James0 Years

Shareholders

pfg home retail group limited 100%

quayside frozen foods (newcastle) limited Estimated Valuation

£4.1m

Pomanda estimates the enterprise value of QUAYSIDE FROZEN FOODS (NEWCASTLE) LIMITED at £4.1m based on Net Assets of £2.7m and 1.52x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Quayside Frozen Foods (newcastle) 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.

View Sample

Quayside Frozen Foods (newcastle) Limited is a live company located in manchester, M1 3BE with a Companies House number of 01725454. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in May 1983, it's largest shareholder is pfg home retail group limited with a 100% stake. Quayside Frozen Foods (newcastle) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.1m with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Quayside Frozen Foods (Newcastle) Limited a 3.5 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

Health Rating3.5out of 5

3 Strong

4 Regular

5 Weak

Size

annual sales of £5.1m, make it smaller than the average company (£14.7m)

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (5.7%)

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for quayside frozen foods (newcastle) limited. Get real-time insights into quayside frozen foods (newcastle) limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for quayside frozen foods (newcastle) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

QUAYSIDE FROZEN FOODS (NEWCASTLE) LIMITED group structure

Quayside Frozen Foods (Newcastle) Limited has no subsidiary companies.

Ultimate parent company

QUAYSIDE FROZEN FOODS (NEWCASTLE) LIMITED

01725454

QUAYSIDE FROZEN FOODS (NEWCASTLE) LIMITED Shareholders

pfg home retail group limited

100%

Quayside Frozen Foods (Newcastle) Limited currently has 2 directors. The longest serving directors include Ms Shaqayeq Hemmatian (Aug 2022) and Mr Andrew James (Aug 2023).

officer	country	age	start	end	role
Ms Shaqayeq Hemmatian	United Kingdom	43 years	Aug 2022	-	Director
Mr Andrew James	United Kingdom	45 years	Aug 2023	-	Director

EXPORT

Quayside Frozen Foods (Newcastle) Limited's latest turnover from May 2023 is estimated at £5.1 million and the company has net assets of £2.7 million. According to their latest financial statements, Quayside Frozen Foods (Newcastle) Limited has 28 employees and maintains cash reserves of £257.5 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	May 2023	May 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Turnover	5,145,513	5,039,241	6,397,651	6,088,448	6,282,559	5,066,554	6,242,565	4,690,404	9,501,193	8,712,697	8,799,364	10,899,710	10,304,681	10,530,891	11,235,208
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	3,722,492	3,629,861	4,662,279	4,443,240	4,603,945	3,709,932	4,531,356	3,366,016	7,765,836	7,207,949	7,329,529	9,248,560	8,570,759	8,665,452	9,100,683
Gross Profit	1,423,021	1,409,380	1,735,372	1,645,208	1,678,614	1,356,621	1,711,210	1,324,388	1,735,357	1,504,748	1,469,835	1,651,150	1,733,922	1,865,439	2,134,525
Admin Expenses	1,600,332	1,304,418	1,915,058	1,456,186	1,428,420	1,259,739	1,623,061	1,308,542	1,542,003	1,373,863	1,424,005	1,387,890	1,411,914	1,640,919	1,812,959
Operating Profit	-177,311	104,962	-179,686	189,022	250,194	96,882	88,149	15,846	193,354	130,885	45,830	263,260	322,008	224,520	321,566
Interest Payable	0	0	0	0	0	0	0	0	11,104	10,917	10,917	16,406	13,543	15,267	22,016
Interest Receivable	27,679	9,565	844	462	2,194	2,677	550	504	0	0	33	0	0	0	0
Pre-Tax Profit	-149,632	114,527	-178,842	189,484	252,388	99,559	88,699	16,350	182,250	119,968	34,946	246,854	308,465	209,253	299,550
Tax	0	-21,760	0	-36,002	-47,954	-18,916	-16,853	-3,270	-44,531	-37,685	-19,294	-24,911	-49,202	-52,375	-76,227
Profit After Tax	-149,632	92,767	-178,842	153,482	204,434	80,643	71,846	13,080	137,719	82,283	15,652	221,943	259,263	156,878	223,323
Dividends Paid	0	0	0	0	0	0	0	0	92,000	105,000	111,200	122,000	147,000	123,000	220,000
Retained Profit	-149,632	92,767	-178,842	153,482	204,434	80,643	71,846	13,080	45,719	-22,717	-95,548	99,943	112,263	33,878	3,323
Employee Costs	1,172,653	1,296,302	1,305,713	1,273,340	1,255,059	612,173	1,128,517	1,067,314	870,029	718,163	756,176	802,270	807,939	961,369	1,040,413
Number Of Employees	28	32	34	34	34	17	32	31	29	32	34	46	47	49	50
EBITDA*	-33,901	191,520	-42,151	328,577	325,279	224,966	213,056	146,072	316,385	245,695	163,257	351,916	380,145	350,491	489,082

* Earnings Before Interest, Tax, Depreciation and Amortisation

	May 2023	May 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Tangible Assets	1,631,904	1,770,552	2,046,254	1,672,434	1,796,189	1,161,608	1,279,879	1,378,588	1,484,569	1,561,447	1,675,257	1,792,684	1,449,521	1,409,083	1,539,449
Intangible Assets	37,959	0	0	0	0	0	0	0	0	26,489	26,489	26,489	16,194	16,194	16,194
Investments & Other	0	0	0	26,489	26,489	26,489	26,489	26,489	26,489	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	1,669,863	1,770,552	2,046,254	1,698,923	1,822,678	1,188,097	1,306,368	1,405,077	1,511,058	1,587,936	1,701,746	1,819,173	1,465,715	1,425,277	1,555,643
Stock & work in progress	796,458	662,898	786,364	799,981	682,427	822,653	705,902	692,022	818,557	683,518	734,171	746,204	658,735	680,796	659,320
Trade Debtors	353,592	386,456	526,834	536,399	784,005	746,201	878,391	459,967	557,864	531,281	510,738	749,832	696,603	483,658	607,768
Group Debtors	740,400	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	20,697	177,348	0	55,617	20,379	2,379	4,050	37,335	84,890	31,245	32,395	34,615	44,563	43,708	93,366
Cash	257,548	972,644	940,426	747,712	175,569	409,475	304,371	135,717	267,588	4	30	0	157,098	139,606	218,909
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	2,168,695	2,199,346	2,253,624	2,139,709	1,662,380	1,980,708	1,892,714	1,325,041	1,728,899	1,246,048	1,277,334	1,530,651	1,556,999	1,347,768	1,579,363
total assets	3,838,558	3,969,898	4,299,878	3,838,632	3,485,058	3,168,805	3,199,082	2,730,118	3,239,957	2,833,984	2,979,080	3,349,824	3,022,714	2,773,045	3,135,006
Bank overdraft	0	0	0	0	0	0	0	0	0	167,610	197,871	177,207	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	887,410	674,402	1,303,565	1,124,581	1,002,588	1,063,122	1,144,317	760,069	1,148,733	700,009	793,901	1,008,827	1,203,352	917,106	1,119,343
Group/Directors Accounts	0	0	0	16,860	3,139	2,437	1,904	347	1,073	140	1,875	2,176	8,482	1,713	3,229
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	50,000	0	51,673	50,000	38,572	51,438	51,438	51,438	51,438	51,438	51,438	23,836	59,660	68,510
other current liabilities	164,930	307,234	0	313,843	109,666	245,203	224,032	166,486	248,587	113,756	64,014	88,023	160,539	266,682	353,959
total current liabilities	1,052,340	1,031,636	1,303,565	1,506,957	1,165,393	1,349,334	1,421,691	978,340	1,449,831	1,032,953	1,109,099	1,327,671	1,396,209	1,245,161	1,545,041
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	64,265	66,677	0	154,288	295,760	0	38,563	84,796	136,224	192,848	239,081	295,705	0	13,642	100,457
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	106,952	0	0	0	0	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	9,144
total long term liabilities	64,265	66,677	106,952	154,288	295,760	0	38,563	84,796	136,224	192,848	239,081	295,705	0	13,642	109,601
total liabilities	1,116,605	1,098,313	1,410,517	1,661,245	1,461,153	1,349,334	1,460,254	1,063,136	1,586,055	1,225,801	1,348,180	1,623,376	1,396,209	1,258,803	1,654,642
net assets	2,721,953	2,871,585	2,889,361	2,177,387	2,023,905	1,819,471	1,738,828	1,666,982	1,653,902	1,608,183	1,630,900	1,726,448	1,626,505	1,514,242	1,480,364
total shareholders funds	2,721,953	2,871,585	2,889,361	2,177,387	2,023,905	1,819,471	1,738,828	1,666,982	1,653,902	1,608,183	1,630,900	1,726,448	1,626,505	1,514,242	1,480,364

	May 2023	May 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Operating Activities
Operating Profit	-177,311	104,962	-179,686	189,022	250,194	96,882	88,149	15,846	193,354	130,885	45,830	263,260	322,008	224,520	321,566
Depreciation	137,685	86,558	137,535	139,555	75,085	128,084	124,907	130,226	123,031	114,810	117,427	88,656	58,137	125,971	167,516
Amortisation	5,725	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	-21,760	0	-36,002	-47,954	-18,916	-16,853	-3,270	-44,531	-37,685	-19,294	-24,911	-49,202	-52,375	-76,227
Stock	133,560	-123,466	-13,617	117,554	-140,226	116,751	13,880	-126,535	135,039	-50,653	-12,033	87,469	-22,061	21,476	659,320
Debtors	550,885	36,970	-65,182	-212,368	55,804	-133,861	385,139	-145,452	80,228	19,393	-241,314	43,281	213,800	-173,768	701,134
Creditors	213,008	-629,163	178,984	121,993	-60,534	-81,195	384,248	-388,664	448,724	-93,892	-214,926	-194,525	286,246	-202,237	1,119,343
Accruals and Deferred Income	-142,304	307,234	-313,843	204,177	-135,537	21,171	57,546	-82,101	134,831	49,742	-24,009	-72,516	-106,143	-87,277	353,959
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	-9,144	9,144
Cash flow from operations	-647,642	-65,673	-98,211	713,559	165,676	163,136	238,978	-55,976	640,142	195,120	158,375	-70,786	319,307	151,750	534,847
Investing Activities
capital expenditure	-42,721	189,144	-511,355	-15,800	-709,666	-9,813	-26,198	-24,245	-46,153	-1,000	0	-446,819	-99,949	-6,033	-106,700
Change in Investments	0	0	-26,489	0	0	0	0	0	26,489	0	0	0	0	0	0
cash flow from investments	-42,721	189,144	-484,866	-15,800	-709,666	-9,813	-26,198	-24,245	-72,642	-1,000	0	-446,819	-99,949	-6,033	-106,700
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	-16,860	13,721	702	533	1,557	-726	933	-1,735	-301	-6,306	6,769	-1,516	3,229
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	-52,412	116,677	-205,961	-139,799	307,188	-51,429	-46,233	-51,428	-56,624	-46,233	-56,624	323,307	-49,466	-95,665	168,967
other long term liabilities	0	-106,952	106,952	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	-110,543	890,816	0	0	0	0	0	0	0	0	0	0	0	1,477,041
interest	27,679	9,565	844	462	2,194	2,677	550	504	-11,104	-10,917	-10,884	-16,406	-13,543	-15,267	-22,016
cash flow from financing	-24,733	-91,253	775,791	-125,616	310,084	-48,219	-44,126	-51,650	-66,795	-58,885	-67,809	300,595	-56,240	-112,448	1,627,221
cash and cash equivalents
cash	-715,096	32,218	192,714	572,143	-233,906	105,104	168,654	-131,871	267,584	-26	30	-157,098	17,492	-79,303	218,909
overdraft	0	0	0	0	0	0	0	0	-167,610	-30,261	20,664	177,207	0	0	0
change in cash	-715,096	32,218	192,714	572,143	-233,906	105,104	168,654	-131,871	435,194	30,235	-20,634	-334,305	17,492	-79,303	218,909

P&L

May 2023

turnover

5.1m

+2%

operating profit

-177.3k

gross margin

27.7%

-1.12%

turnover

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

Balance Sheet

May 2023

net assets

2.7m

-0.05%

total assets

3.8m

-0.03%

cash

257.5k

-0.74%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

Similar companies unavailable for this selection

company number

01725454

Type

Private limited with Share Capital

industry

46900 - Non-specialised wholesale trade

incorporation date

May 1983

age

accounts

Total Exemption Full

ultimate parent company

None

previous names

wantprice limited (October 1983)

incorporated

address

c/o ams corporate floor 2, portland street, manchester, M1 3BE

last accounts submitted

May 2023

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 6 charges/mortgages relating to quayside frozen foods (newcastle) limited. Currently there are 1 open charges and 5 have been satisfied in the past.

quayside frozen foods (newcastle) limited Company Information

quayside frozen foods (newcastle) limited Estimated Valuation

quayside frozen foods (newcastle) limited Estimated Valuation

quayside frozen foods (newcastle) limited Estimated Valuation

Quayside Frozen Foods (newcastle) Limited AI Business Plan

Quayside Frozen Foods (newcastle) Limited Overview

Quayside Frozen Foods (newcastle) Limited Health Check

quayside frozen foods (newcastle) limited Credit Report and Business Information

Quayside Frozen Foods (newcastle) Limited Competitor Analysis

quayside frozen foods (newcastle) limited Ownership

quayside frozen foods (newcastle) limited directors

QUAYSIDE FROZEN FOODS (NEWCASTLE) LIMITED financials

quayside frozen foods (newcastle) limited company details

quayside frozen foods (newcastle) limited Charges & Mortgages

quayside frozen foods (newcastle) limited Companies House Filings - See Documents