Pomanda estimates the enterprise value of RYECROFT FOODS LIMITED at £8.7m based on a Turnover of £14.4m and 0.6x industry multiple (adjusted for size and gross margin).
ryecroft foods limitedEstimated Valuation
£6.7m
Pomanda estimates the enterprise value of RYECROFT FOODS LIMITED at £6.7m based on an EBITDA of £1.6m and a 4.1x industry multiple (adjusted for size and gross margin).
ryecroft foods limitedEstimated Valuation
£15.4m
Pomanda estimates the enterprise value of RYECROFT FOODS LIMITED at £15.4m based on Net Assets of £7.8m and 1.98x industry multiple (adjusted for liquidity).
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Ryecroft Foods LimitedOverview
Ryecroft Foods Limited is a live company located in kettering, NN15 5JR with a Companies House number of 01770169. It operates in the manufacture of other food products n.e.c. sector, SIC Code 10890. Founded in November 1983, it's largest shareholder is
weetabix ltd
with a 90% stake. Ryecroft Foods Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£14.4m with
high
growth in recent years.
Pomanda's financial health check has awarded Ryecroft 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 Rating5out of 5
7 Strong
2 Regular
3 Weak
Size
annual sales of £14.4m, make it smaller than the average company (£21.5m)
£14.4m - Ryecroft Foods Limited
£21.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (6.5%)
23% - Ryecroft Foods Limited
6.5% - Industry AVG
Production
with a gross margin of 15.8%, this company has a higher cost of product (25.8%)
15.8% - Ryecroft Foods Limited
25.8% - Industry AVG
Profitability
an operating margin of 9.4% make it more profitable than the average company (3.6%)
9.4% - Ryecroft Foods Limited
3.6% - Industry AVG
Employees
with 50 employees, this is below the industry average (104)
50 - Ryecroft Foods Limited
104 - Industry AVG
Pay Structure
on an average salary of £43.3k, the company has an equivalent pay structure (£37.1k)
£43.3k - Ryecroft Foods Limited
£37.1k - Industry AVG
Efficiency
resulting in sales per employee of £287.8k, this is more efficient (£212.2k)
£287.8k - Ryecroft Foods Limited
£212.2k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (47 days)
0 days - Ryecroft Foods Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 62 days, this is slower than average (47 days)
62 days - Ryecroft Foods Limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 19 days, this is less than average (50 days)
19 days - Ryecroft Foods Limited
50 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 8 weeks, this is average cash available to meet short term requirements (7 weeks)
8 weeks - Ryecroft Foods Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25%, this is a lower level of debt than the average (56.3%)
25% - Ryecroft Foods Limited
56.3% - Industry AVG
RYECROFT FOODS LIMITED financials
EXPORT
Ryecroft Foods Limited's latest turnover from September 2023 is £14.4 million and the company has net assets of £7.8 million. According to their latest financial statements, Ryecroft Foods Limited has 50 employees and maintains cash reserves of £439 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Dec 2016
Jan 2016
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Jan 2011
Dec 2009
Turnover
14,389,000
11,554,000
7,739,000
7,813,000
6,649,000
6,275,000
5,091,000
6,862,000
8,160,000
9,186,000
10,875,000
11,119,000
11,401,000
9,982,000
13,806,000
Other Income Or Grants
Cost Of Sales
12,122,000
9,907,000
6,559,000
6,011,000
5,518,000
5,112,000
4,077,000
5,349,000
6,269,000
7,363,000
9,233,000
8,585,000
8,564,000
7,148,000
8,570,000
Gross Profit
2,267,000
1,647,000
1,180,000
1,802,000
1,131,000
1,163,000
1,014,000
1,513,000
1,891,000
1,823,000
1,642,000
2,534,000
2,837,000
2,834,000
5,236,000
Admin Expenses
919,000
768,000
472,000
545,000
573,000
558,000
574,000
991,000
1,450,000
1,307,000
1,443,000
1,537,000
2,049,000
1,678,000
2,010,000
Operating Profit
1,348,000
879,000
708,000
1,257,000
558,000
605,000
440,000
522,000
441,000
516,000
199,000
997,000
788,000
1,156,000
3,226,000
Interest Payable
4,000
10,000
Interest Receivable
5,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
Pre-Tax Profit
1,353,000
880,000
704,000
1,247,000
558,000
605,000
440,000
522,000
442,000
517,000
200,000
998,000
789,000
1,157,000
3,227,000
Tax
-18,000
20,000
24,000
8,000
-1,000
-2,000
-7,000
3,000
-39,000
-13,000
-77,000
-159,000
41,000
-54,000
Profit After Tax
1,335,000
900,000
728,000
1,255,000
557,000
605,000
438,000
515,000
445,000
478,000
187,000
921,000
630,000
1,198,000
3,173,000
Dividends Paid
22,500,000
Retained Profit
1,335,000
900,000
728,000
1,255,000
557,000
605,000
438,000
515,000
445,000
478,000
187,000
921,000
630,000
-21,302,000
3,173,000
Employee Costs
2,167,000
1,376,000
1,554,000
1,517,000
1,328,000
1,319,000
1,173,000
1,482,000
1,996,000
2,255,000
2,355,000
2,364,000
2,435,000
2,504,000
2,673,000
Number Of Employees
50
37
35
30
28
32
36
37
42
70
69
72
79
84
90
EBITDA*
1,624,000
1,232,000
1,122,000
1,678,000
892,000
944,000
687,000
870,000
773,000
847,000
537,000
1,340,000
1,092,000
1,450,000
3,503,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Dec 2016
Jan 2016
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Jan 2011
Dec 2009
Tangible Assets
1,631,000
1,107,000
1,137,000
1,519,000
1,615,000
1,692,000
1,827,000
1,852,000
1,845,000
1,967,000
1,704,000
1,574,000
2,669,000
3,092,000
3,164,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,631,000
1,107,000
1,137,000
1,519,000
1,615,000
1,692,000
1,827,000
1,852,000
1,845,000
1,967,000
1,704,000
1,574,000
2,669,000
3,092,000
3,164,000
Stock & work in progress
651,000
399,000
277,000
181,000
198,000
212,000
168,000
226,000
162,000
150,000
128,000
283,000
201,000
184,000
149,000
Trade Debtors
10,000
5,000
2,000
3,000
75,000
1,000
42,000
4,000
4,000
35,000
29,000
17,000
10,000
8,000
Group Debtors
7,444,000
6,806,000
3,568,000
4,199,000
5,101,000
5,614,000
6,711,000
7,614,000
7,497,000
1,217,000
1,307,000
1,188,000
1,898,000
1,155,000
1,568,000
Misc Debtors
146,000
141,000
86,000
67,000
99,000
118,000
92,000
115,000
88,000
474,000
533,000
584,000
627,000
634,000
569,000
Cash
439,000
553,000
1,824,000
2,607,000
6,100,000
4,727,000
2,596,000
1,058,000
782,000
6,341,000
5,472,000
5,371,000
2,512,000
1,319,000
23,202,000
misc current assets
32,000
50,000
total current assets
8,722,000
7,954,000
5,787,000
7,063,000
11,573,000
10,671,000
9,568,000
9,055,000
8,533,000
8,186,000
7,475,000
7,455,000
5,255,000
3,302,000
25,496,000
total assets
10,353,000
9,061,000
6,924,000
8,582,000
13,188,000
12,363,000
11,395,000
10,907,000
10,378,000
10,153,000
9,179,000
9,029,000
7,924,000
6,394,000
28,660,000
Bank overdraft
Bank loan
Trade Creditors
2,087,000
2,065,000
1,184,000
840,000
1,008,000
850,000
607,000
576,000
819,000
733,000
570,000
838,000
758,000
471,000
468,000
Group/Directors Accounts
2,170,000
1,960,000
1,564,000
1,323,000
699,000
1,660,000
other short term finances
hp & lease commitments
25,000
96,000
other current liabilities
502,000
567,000
186,000
2,820,000
2,632,000
2,523,000
2,403,000
2,385,000
2,128,000
203,000
80,000
245,000
203,000
93,000
124,000
total current liabilities
2,589,000
2,632,000
1,395,000
3,756,000
3,640,000
3,373,000
3,010,000
2,961,000
2,947,000
3,106,000
2,610,000
2,647,000
2,284,000
1,263,000
2,252,000
loans
50,000
hp & lease commitments
25,000
Accruals and Deferred Income
other liabilities
provisions
4,000
2,000
2,000
179,000
300,000
275,000
total long term liabilities
25,000
2,000
1,000
1,000
179,000
300,000
275,000
total liabilities
2,589,000
2,632,000
1,395,000
3,781,000
3,642,000
3,374,000
3,011,000
2,961,000
2,947,000
3,106,000
2,610,000
2,647,000
2,463,000
1,563,000
2,527,000
net assets
7,764,000
6,429,000
5,529,000
4,801,000
9,546,000
8,989,000
8,384,000
7,946,000
7,431,000
7,047,000
6,569,000
6,382,000
5,461,000
4,831,000
26,133,000
total shareholders funds
7,764,000
6,429,000
5,529,000
4,801,000
9,546,000
8,989,000
8,384,000
7,946,000
7,431,000
7,047,000
6,569,000
6,382,000
5,461,000
4,831,000
26,133,000
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Dec 2016
Jan 2016
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Jan 2011
Dec 2009
Operating Activities
Operating Profit
1,348,000
879,000
708,000
1,257,000
558,000
605,000
440,000
522,000
441,000
516,000
199,000
997,000
788,000
1,156,000
3,226,000
Depreciation
276,000
330,000
414,000
421,000
334,000
339,000
247,000
348,000
332,000
331,000
338,000
343,000
304,000
294,000
277,000
Amortisation
23,000
Tax
-18,000
20,000
24,000
8,000
-1,000
-2,000
-7,000
3,000
-39,000
-13,000
-77,000
-159,000
41,000
-54,000
Stock
252,000
122,000
96,000
-17,000
-14,000
44,000
-58,000
226,000
162,000
22,000
-155,000
82,000
201,000
184,000
149,000
Debtors
648,000
3,296,000
-613,000
-1,006,000
-457,000
-1,072,000
-967,000
7,771,000
7,589,000
-180,000
74,000
-741,000
2,542,000
1,799,000
2,145,000
Creditors
22,000
881,000
344,000
-168,000
158,000
243,000
31,000
576,000
819,000
163,000
-268,000
80,000
758,000
471,000
468,000
Accruals and Deferred Income
-65,000
381,000
-2,634,000
188,000
109,000
120,000
18,000
2,385,000
2,128,000
123,000
-165,000
42,000
203,000
93,000
124,000
Deferred Taxes & Provisions
-4,000
2,000
2,000
-179,000
179,000
300,000
275,000
Cash flow from operations
663,000
-904,000
-627,000
2,725,000
1,631,000
2,335,000
1,761,000
-4,173,000
-4,028,000
1,252,000
172,000
1,865,000
-670,000
372,000
2,022,000
Investing Activities
capital expenditure
-800,000
-323,000
-32,000
-325,000
-257,000
-204,000
-222,000
-2,200,000
-2,177,000
-594,000
-468,000
752,000
-2,973,000
-3,386,000
-3,441,000
Change in Investments
cash flow from investments
-800,000
-323,000
-32,000
-325,000
-257,000
-204,000
-222,000
-2,200,000
-2,177,000
-594,000
-468,000
752,000
-2,973,000
-3,386,000
-3,441,000
Financing Activities
Bank loans
Group/Directors Accounts
210,000
396,000
241,000
1,323,000
699,000
1,660,000
Other Short Term Loans
Long term loans
-50,000
50,000
Hire Purchase and Lease Commitments
-25,000
-96,000
121,000
other long term liabilities
share issue
-6,000,000
7,431,000
6,986,000
4,831,000
26,133,000
22,960,000
interest
5,000
1,000
-4,000
-10,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
cash flow from financing
5,000
-24,000
-150,000
-5,839,000
7,431,000
6,987,000
211,000
397,000
242,000
6,155,000
26,833,000
24,621,000
cash and cash equivalents
cash
-114,000
-1,271,000
-783,000
-3,493,000
1,373,000
2,131,000
1,538,000
1,058,000
782,000
869,000
101,000
2,859,000
2,512,000
1,319,000
23,202,000
overdraft
change in cash
-114,000
-1,271,000
-783,000
-3,493,000
1,373,000
2,131,000
1,538,000
1,058,000
782,000
869,000
101,000
2,859,000
2,512,000
1,319,000
23,202,000
ryecroft foods 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 ryecroft foods limited. Get real-time insights into ryecroft foods limited's credit score, group structure and payment trends.
Perform a competitor analysis for ryecroft foods limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in NN15 area or any other competitors across 12 key performance metrics.
ryecroft foods limited Ownership
RYECROFT FOODS LIMITED group structure
Ryecroft Foods Limited has no subsidiary companies.
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 ryecroft foods limited. Currently there are 0 open charges and 10 have been satisfied in the past.
ryecroft foods 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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ryecroft foods limitedCompanies House Filings - See Documents
