elite feeds limited

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elite feeds limited Company Information

Share ELITE FEEDS LIMITED

Company Number

01751588

Shareholders

yvonne hinman

john andrew hinman

Group Structure

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Industry

Other retail sale not in stores, stalls or markets

 

Registered Address

cocknells farm, standish lane moreton valence, gloucester, GL2 7LZ

elite feeds limited Estimated Valuation

£96.3k

Pomanda estimates the enterprise value of ELITE FEEDS LIMITED at £96.3k based on a Turnover of £356.1k and 0.27x industry multiple (adjusted for size and gross margin).

elite feeds limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ELITE FEEDS LIMITED at £0 based on an EBITDA of £-41k and a 3x industry multiple (adjusted for size and gross margin).

elite feeds limited Estimated Valuation

£557.1k

Pomanda estimates the enterprise value of ELITE FEEDS LIMITED at £557.1k based on Net Assets of £189.9k and 2.93x industry multiple (adjusted for liquidity).

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Elite Feeds Limited Overview

Elite Feeds Limited is a live company located in gloucester, GL2 7LZ with a Companies House number of 01751588. It operates in the other retail sale not in stores, stalls or markets sector, SIC Code 47990. Founded in September 1983, it's largest shareholder is yvonne hinman with a 50% stake. Elite Feeds Limited is a mature, micro sized company, Pomanda has estimated its turnover at £356.1k with healthy growth in recent years.

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Elite Feeds Limited Health Check

Pomanda's financial health check has awarded Elite Feeds Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £356.1k, make it smaller than the average company (£2.4m)

£356.1k - Elite Feeds Limited

£2.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (9.4%)

12% - Elite Feeds Limited

9.4% - Industry AVG

production

Production

with a gross margin of 18.2%, this company has a higher cost of product (31.3%)

18.2% - Elite Feeds Limited

31.3% - Industry AVG

profitability

Profitability

an operating margin of -11.5% make it less profitable than the average company (4.2%)

-11.5% - Elite Feeds Limited

4.2% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (16)

3 - Elite Feeds Limited

16 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.4k, the company has an equivalent pay structure (£38.4k)

£38.4k - Elite Feeds Limited

£38.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £118.7k, this is less efficient (£232.5k)

£118.7k - Elite Feeds Limited

£232.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 113 days, this is later than average (33 days)

113 days - Elite Feeds Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 35 days, this is close to average (37 days)

35 days - Elite Feeds Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Elite Feeds Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Elite Feeds Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 15.3%, this is a lower level of debt than the average (61.7%)

15.3% - Elite Feeds Limited

61.7% - Industry AVG

ELITE FEEDS LIMITED financials

EXPORTms excel logo

Elite Feeds Limited's latest turnover from December 2023 is estimated at £356.1 thousand and the company has net assets of £189.9 thousand. According to their latest financial statements, Elite Feeds Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover356,109344,580281,774253,367455,800107,411108,977201,44538,37067,278127,674351,666216,0701,597,4310
Other Income Or Grants000000000000000
Cost Of Sales291,430282,166235,179209,946363,67186,54887,564160,14130,60252,52599,687273,892168,2831,224,1780
Gross Profit64,67962,41546,59543,42192,12920,86221,41241,3057,76714,75327,98777,77447,786373,2530
Admin Expenses105,64393,61287,21191,552149,42262,444102,704153,68886,030112,105-101,965134,172-138,789213,760-704,861
Operating Profit-40,964-31,197-40,616-48,131-57,293-41,582-81,292-112,383-78,263-97,352129,952-56,398186,575159,493704,861
Interest Payable000000000000000
Interest Receivable00006481,3601,0054591,3912,5172,6022,3492,1611,534634
Pre-Tax Profit-40,964-31,197-40,616-48,131-56,645-40,222-80,287-111,924-76,872-94,835132,555-54,049188,735161,026705,494
Tax0000000000-30,4880-49,071-45,087-197,538
Profit After Tax-40,964-31,197-40,616-48,131-56,645-40,222-80,287-111,924-76,872-94,835102,067-54,049139,664115,939507,956
Dividends Paid000000000000000
Retained Profit-40,964-31,197-40,616-48,131-56,645-40,222-80,287-111,924-76,872-94,835102,067-54,049139,664115,939507,956
Employee Costs115,319107,143108,926100,895102,649103,90298,63896,84433,87532,64031,83432,20530,154154,6090
Number Of Employees333333331111150
EBITDA*-40,964-31,197-40,616-48,131-57,293-2,217-38,593-65,794-34,693-50,348171,781-9,492223,071182,099716,721

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets113,663150,920189,545229,823190,688227,267266,632309,331355,920347,529292,942268,612329,280199,595144,370
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets113,663150,920189,545229,823190,688227,267266,632309,331355,920347,529292,942268,612329,280199,595144,370
Stock & work in progress000000000000026,31541,165
Trade Debtors110,559118,989101,19489,543172,99715,16015,45922,5299,4519,2329,73586,92436,925460,290372,914
Group Debtors000000000000000
Misc Debtors0000017,2429,2549,709151,558000000
Cash00000172,840189,743212,231154,890401,316605,522435,403504,202360,009253,404
misc current assets000000000000000
total current assets110,559118,989101,19489,543172,997205,242214,456244,469315,899410,548615,257522,327541,127846,614667,483
total assets224,222269,909290,739319,366363,685432,509481,088553,800671,819758,077908,199790,939870,4071,046,209811,853
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 28,17130,29418,19416,70512,89370394806,39425,87864,67834,01065,646355,860216,562
Group/Directors Accounts0000014,10014,10014,10014,1000017,8261,15839,04675,663
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities0000010,16918,28110,6057,984000000
total current liabilities28,17130,29418,19416,70512,89324,97233,32924,70528,47825,87864,67851,83666,804394,906292,225
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities6,1678,76710,500000000000000
provisions00000001,0493,37115,35731,84429,49339,94427,30811,572
total long term liabilities6,1678,76710,50000001,0493,37115,35731,84429,49339,94427,30811,572
total liabilities34,33839,06128,69416,70512,89324,97233,32925,75431,84941,23596,52281,329106,748422,214303,797
net assets189,884230,848262,045302,661350,792407,537447,759528,046639,970716,842811,677709,610763,659623,995508,056
total shareholders funds189,884230,848262,045302,661350,792407,537447,759528,046639,970716,842811,677709,610763,659623,995508,056
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-40,964-31,197-40,616-48,131-57,293-41,582-81,292-112,383-78,263-97,352129,952-56,398186,575159,493704,861
Depreciation0000039,36542,69946,58943,57047,00441,82946,90636,49622,60611,860
Amortisation000000000000000
Tax0000000000-30,4880-49,071-45,087-197,538
Stock000000000000-26,315-14,85041,165
Debtors-8,43017,79511,651-83,454140,5957,689-7,525-128,771151,777-503-77,18949,999-423,36587,376372,914
Creditors-2,12312,1001,4893,81212,190-245948-6,394-19,484-38,80030,668-31,636-290,214139,298216,562
Accruals and Deferred Income0000-10,169-8,1127,6762,6217,984000000
Deferred Taxes & Provisions000000-1,049-2,322-11,986-16,4872,351-10,45112,63615,73611,572
Cash flow from operations-34,657-36,892-50,77839,135-195,867-18,263-23,49356,882-209,956-105,132251,501-101,578346,102219,520333,238
Investing Activities
capital expenditure37,25738,62540,278-39,13536,579000-51,961-101,591-66,15913,762-166,181-77,831-156,230
Change in Investments000000000000000
cash flow from investments37,25738,62540,278-39,13536,579000-51,961-101,591-66,15913,762-166,181-77,831-156,230
Financing Activities
Bank loans000000000000000
Group/Directors Accounts0000-14,10000014,1000-17,82616,668-37,888-36,61775,663
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities-2,600-1,73310,500000000000000
share issue0000-100000000000100
interest00006481,3601,0054591,3912,5172,6022,3492,1611,534634
cash flow from financing-2,600-1,73310,5000-13,5521,3601,00545915,4912,517-15,22419,017-35,727-35,08376,397
cash and cash equivalents
cash0000-172,840-16,903-22,48857,341-246,426-204,206170,119-68,799144,193106,605253,404
overdraft000000000000000
change in cash0000-172,840-16,903-22,48857,341-246,426-204,206170,119-68,799144,193106,605253,404

elite feeds 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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Elite Feeds Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for elite feeds limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in GL2 area or any other competitors across 12 key performance metrics.

elite feeds limited Ownership

ELITE FEEDS LIMITED group structure

Elite Feeds Limited has no subsidiary companies.

Ultimate parent company

ELITE FEEDS LIMITED

01751588

ELITE FEEDS LIMITED Shareholders

yvonne hinman 50%
john andrew hinman 50%

elite feeds limited directors

Elite Feeds Limited currently has 2 directors. The longest serving directors include Mr John Hinman (Jun 1991) and Mrs Yvonne Hinman (Jun 2002).

officercountryagestartendrole
Mr John Hinman73 years Jun 1991- Director
Mrs Yvonne HinmanEngland73 years Jun 2002- Director

P&L

December 2023

turnover

356.1k

+3%

operating profit

-41k

0%

gross margin

18.2%

+0.27%

turnover

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

Balance Sheet

December 2023

net assets

189.9k

-0.18%

total assets

224.2k

-0.17%

cash

0

0%

net assets

Total assets minus all liabilities

elite feeds limited company details

company number

01751588

Type

Private limited with Share Capital

industry

47990 - Other retail sale not in stores, stalls or markets

incorporation date

September 1983

age

42

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

gloucester animal feeds limited (October 2015)

fraserbadge limited (October 1983)

accountant

-

auditor

-

address

cocknells farm, standish lane moreton valence, gloucester, GL2 7LZ

Bank

-

Legal Advisor

-

elite feeds 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 did not find charges/mortgages relating to elite feeds limited.

elite feeds 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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elite feeds limited Companies House Filings - See Documents

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