Pomanda estimates the enterprise value of IL FORNAIO LIMITED at £10.4m based on a Turnover of £13.3m and 0.78x industry multiple (adjusted for size and gross margin).
il fornaio limitedEstimated Valuation
£10.8m
Pomanda estimates the enterprise value of IL FORNAIO LIMITED at £10.8m based on an EBITDA of £1.7m and a 6.39x industry multiple (adjusted for size and gross margin).
il fornaio limitedEstimated Valuation
£7.7m
Pomanda estimates the enterprise value of IL FORNAIO LIMITED at £7.7m based on Net Assets of £3.7m and 2.09x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Il Fornaio LimitedOverview
Il Fornaio Limited is a live company located in london, NW10 7AE with a Companies House number of 01801112. It operates in the manufacture of bread sector, SIC Code 10710. Founded in March 1984, it's largest shareholder is
angela varchione
with a 47.6% stake. Il Fornaio Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£13.3m with
high
growth in recent years.
Pomanda's financial health check has awarded Il Fornaio Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
2 Regular
4 Weak
Size
annual sales of £13.3m, make it smaller than the average company (£16.9m)
£13.3m - Il Fornaio Limited
£16.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (14.5%)
23% - Il Fornaio Limited
14.5% - Industry AVG
Production
with a gross margin of 52.3%, this company has a lower cost of product (30.3%)
52.3% - Il Fornaio Limited
30.3% - Industry AVG
Profitability
an operating margin of 7.4% make it more profitable than the average company (5.1%)
7.4% - Il Fornaio Limited
5.1% - Industry AVG
Employees
with 79 employees, this is below the industry average (161)
79 - Il Fornaio Limited
161 - Industry AVG
Pay Structure
on an average salary of £27.5k, the company has an equivalent pay structure (£30.8k)
£27.5k - Il Fornaio Limited
£30.8k - Industry AVG
Efficiency
resulting in sales per employee of £167.8k, this is more efficient (£115.6k)
£167.8k - Il Fornaio Limited
£115.6k - Industry AVG
Debtor Days
it gets paid by customers after 61 days, this is later than average (39 days)
61 days - Il Fornaio Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 82 days, this is slower than average (40 days)
82 days - Il Fornaio Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 28 days, this is more than average (23 days)
28 days - Il Fornaio Limited
23 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 51 weeks, this is more cash available to meet short term requirements (10 weeks)
51 weeks - Il Fornaio Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.1%, this is a similar level of debt than the average (59.7%)
56.1% - Il Fornaio Limited
59.7% - Industry AVG
IL FORNAIO LIMITED financials
EXPORT
Il Fornaio Limited's latest turnover from June 2024 is £13.3 million and the company has net assets of £3.7 million. According to their latest financial statements, Il Fornaio Limited has 79 employees and maintains cash reserves of £2.2 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Turnover
13,255,083
14,743,828
12,455,191
7,047,542
5,524,880
10,380,573
6,821,318
6,659,239
9,373,340
8,019,578
8,938,069
6,533,578
4,833,689
4,710,342
4,936,888
Other Income Or Grants
Cost Of Sales
6,319,686
7,909,740
6,503,968
4,880,273
3,839,117
7,031,514
4,565,769
4,322,725
6,191,072
5,438,226
5,948,675
4,387,865
3,324,207
2,923,299
2,784,887
Gross Profit
6,935,397
6,834,088
5,951,223
2,167,269
1,685,763
3,349,058
2,255,549
2,336,515
3,182,269
2,581,352
2,989,394
2,145,713
1,509,483
1,787,043
2,152,001
Admin Expenses
5,954,423
5,995,635
4,489,485
1,395,096
1,930,230
3,469,768
2,729,849
2,358,204
3,191,944
2,079,461
2,284,014
1,603,156
1,422,544
1,626,252
1,772,327
Operating Profit
980,974
838,453
1,461,738
772,173
-244,467
-120,710
-474,300
-21,689
-9,675
501,891
705,380
542,557
86,939
160,791
379,674
Interest Payable
182,576
97,013
43,060
1,641
1,914
5,393
5,275
Interest Receivable
37,110
21,209
13,004
1,006
559
685
352
168
1,686
3,832
2,794
803
194
22
2
Pre-Tax Profit
835,508
762,649
1,431,682
773,179
-243,908
-121,666
-475,861
-26,914
-13,264
505,724
708,173
543,360
87,133
160,814
379,676
Tax
-135,644
-30,296
-284,031
-146,904
-101,145
-148,716
-124,973
-20,912
-41,812
-106,309
Profit After Tax
699,864
732,353
1,147,651
626,275
-243,908
-121,666
-475,861
-26,914
-13,264
404,579
559,457
418,387
66,221
119,002
273,367
Dividends Paid
158,099
178,500
Retained Profit
541,765
553,853
1,147,651
626,275
-243,908
-121,666
-475,861
-26,914
-13,264
404,579
559,457
418,387
66,221
119,002
273,367
Employee Costs
2,169,715
2,546,305
2,981,144
1,576,892
3,319,820
3,190,266
2,776,794
2,670,740
2,704,527
2,111,697
2,332,615
1,716,205
1,388,125
1,415,931
1,498,304
Number Of Employees
79
107
113
60
126
126
116
114
126
100
114
83
68
70
67
EBITDA*
1,685,172
1,689,476
1,729,312
898,976
-75,396
104,716
-70,008
407,072
410,538
737,585
982,333
726,259
222,528
255,244
519,492
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Tangible Assets
2,304,818
2,777,669
965,388
856,749
1,079,905
1,288,266
1,353,430
1,432,922
1,433,702
593,492
745,371
517,272
425,754
515,357
526,578
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
538,175
507,631
425,000
412,381
400,137
434,746
376,728
365,542
354,689
545,462
Total Fixed Assets
2,842,993
3,285,300
1,390,388
1,269,130
1,480,042
1,723,012
1,730,158
1,798,464
1,788,391
1,138,954
745,371
517,272
425,754
515,357
526,578
Stock & work in progress
488,379
548,631
332,611
244,354
170,377
194,694
119,410
98,201
107,083
114,518
83,000
45,747
40,096
33,695
41,703
Trade Debtors
2,220,685
2,223,814
1,907,552
1,223,329
333,495
1,923,363
1,199,069
1,149,145
2,022,008
1,351,212
1,459,691
1,141,991
786,701
737,538
764,253
Group Debtors
Misc Debtors
661,666
381,114
505,007
300,855
204,088
222,628
244,941
33,131
94,184
4,886
Cash
2,222,807
1,421,248
1,636,444
1,062,513
948,767
169,066
13,624
127,251
7,238
667,175
865,731
251,685
69,382
8,017
879
misc current assets
total current assets
5,593,537
4,574,807
4,381,614
2,831,051
1,656,727
2,509,751
1,577,044
1,407,728
2,230,513
2,132,905
2,413,308
1,439,423
896,179
779,250
806,835
total assets
8,436,530
7,860,107
5,772,002
4,100,181
3,136,769
4,232,763
3,307,202
3,206,192
4,018,904
3,271,859
3,158,679
1,956,695
1,321,933
1,294,607
1,333,413
Bank overdraft
48,618
10,262
162,305
Bank loan
47,210
100,943
Trade Creditors
1,434,165
1,679,164
1,272,156
985,642
685,071
911,767
452,822
267,390
390,121
992,533
1,155,739
832,710
617,618
602,387
646,076
Group/Directors Accounts
55,341
82,807
297,558
other short term finances
82,136
hp & lease commitments
66,217
63,791
60,251
139,256
165,718
166,728
187,953
217,369
213,026
other current liabilities
631,538
539,136
1,019,862
896,859
802,037
1,536,469
971,895
328,126
653,133
total current liabilities
2,234,471
2,465,841
2,731,963
2,021,757
1,652,826
2,614,964
1,661,288
823,147
1,418,585
992,533
1,155,739
832,710
617,618
602,387
646,076
loans
1,892,159
1,906,696
220,840
hp & lease commitments
195,641
124,962
93,166
137,025
251,977
363,667
274,862
462,817
651,367
Accruals and Deferred Income
other liabilities
302,976
272,421
30,218
40,973
34,521
44,423
388,709
495,126
189,348
196,326
240,151
363,261
provisions
414,170
204,284
121,562
52,603
20,461
4,960
84,727
76,635
49,459
71,235
57,515
49,254
59,555
50,609
total long term liabilities
2,501,970
2,235,942
435,568
492,604
524,398
414,346
320,795
582,065
772,425
438,168
566,361
246,863
245,580
299,706
413,870
total liabilities
4,736,441
4,701,783
3,167,531
2,514,361
2,177,224
3,029,310
1,982,083
1,405,212
2,191,010
1,430,701
1,722,100
1,079,573
863,198
902,093
1,059,946
net assets
3,700,089
3,158,324
2,604,471
1,585,820
959,545
1,203,453
1,325,119
1,800,980
1,827,894
1,841,158
1,436,579
877,122
458,735
392,514
273,467
total shareholders funds
3,700,089
3,158,324
2,604,471
1,585,820
959,545
1,203,453
1,325,119
1,800,980
1,827,894
1,841,158
1,436,579
877,122
458,735
392,514
273,467
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Operating Activities
Operating Profit
980,974
838,453
1,461,738
772,173
-244,467
-120,710
-474,300
-21,689
-9,675
501,891
705,380
542,557
86,939
160,791
379,674
Depreciation
704,198
851,023
267,574
126,803
169,071
225,426
404,292
428,761
420,213
235,694
276,953
183,702
135,589
94,453
139,818
Amortisation
Tax
-135,644
-30,296
-284,031
-146,904
-101,145
-148,716
-124,973
-20,912
-41,812
-106,309
Stock
-60,252
216,020
88,257
73,977
-24,317
75,284
21,209
-8,882
-7,435
31,518
37,253
5,651
6,401
-8,008
41,703
Debtors
307,967
275,000
900,994
998,845
-1,643,017
759,999
272,920
-923,063
574,207
432,097
322,586
355,290
49,163
-26,715
764,253
Creditors
-244,999
407,008
286,514
300,571
-226,696
458,945
185,432
-122,731
-602,412
-163,206
323,029
215,092
15,231
-43,689
646,076
Accruals and Deferred Income
92,402
-480,726
123,003
94,822
-734,432
564,574
643,769
-325,007
653,133
Deferred Taxes & Provisions
209,886
82,722
68,959
52,603
-20,461
15,501
-79,767
8,092
27,176
-21,776
13,720
8,261
-10,301
8,946
50,609
Cash flow from operations
1,359,102
1,177,164
934,506
127,246
610,349
308,453
385,297
899,371
-78,337
-12,157
810,527
463,698
150,982
213,412
303,912
Investing Activities
capital expenditure
96,353
39,290
-160,262
-324,800
-427,981
-1,260,423
-83,815
-505,052
-275,220
-45,986
-83,232
-666,396
Change in Investments
cash flow from investments
96,353
39,290
-160,262
-324,800
-427,981
-1,260,423
-83,815
-505,052
-275,220
-45,986
-83,232
-666,396
Financing Activities
Bank loans
-53,733
100,943
Group/Directors Accounts
-27,466
-214,751
297,558
Other Short Term Loans
-82,136
82,136
Long term loans
-14,537
1,685,856
220,840
Hire Purchase and Lease Commitments
73,105
35,336
-122,864
-141,414
-112,700
67,580
-217,371
-184,207
864,393
other long term liabilities
-302,976
30,555
242,203
-10,755
6,452
-9,902
-344,286
-106,417
305,778
-6,978
-43,825
-123,110
363,261
share issue
-129,000
45
100
interest
-145,466
-75,804
-30,056
1,006
559
-956
-1,562
-5,225
-3,589
3,832
2,794
803
194
22
2
cash flow from financing
-168,097
1,449,444
15,638
-109,853
130,062
55,869
-212,481
-199,334
516,518
-102,585
308,572
-6,175
-43,631
-123,043
363,363
cash and cash equivalents
cash
801,559
-215,196
573,931
113,746
779,701
155,442
-113,627
120,013
-659,937
-198,556
614,046
182,303
61,365
7,138
879
overdraft
-48,618
38,356
-152,043
162,305
change in cash
801,559
-215,196
573,931
113,746
779,701
204,060
-151,983
272,056
-822,242
-198,556
614,046
182,303
61,365
7,138
879
il fornaio 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 il fornaio limited. Get real-time insights into il fornaio limited's credit score, group structure and payment trends.
Perform a competitor analysis for il fornaio limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in NW10 area or any other competitors across 12 key performance metrics.
il fornaio limited Ownership
IL FORNAIO LIMITED group structure
Il Fornaio Limited has no subsidiary companies.
Ultimate parent company
IL FORNAIO LIMITED
01801112
IL FORNAIO LIMITED Shareholders
The largest shareholders in Il Fornaio Limited include Angela Varchione and Giulia Montesdeoca.
angela varchione
47.59%
giulia montesdeoca
20%
sandra ghamar
13.1%
anna varchione
13.1%
paul ghamar
6.21%
il fornaio limited directors
Il Fornaio Limited currently has 4 directors.
The longest serving directors include
Ms Angela Varchione (Feb 1993) and
Mrs Sandra Ghamar (Jul 2000).
10710 - Manufacture of bread; manufacture of fresh pastry goods and cakes
incorporation date
March 1984
age
41
incorporated
UK
ultimate parent company
None
accounts
Medium Company
last accounts submitted
June 2024
previous names
N/A
accountant
-
auditor
FRESHWATER ASSOCIATES LIMITED
address
5 barretts green road, park royal, london, NW10 7AE
Bank
-
Legal Advisor
-
il fornaio 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 7 charges/mortgages relating to il fornaio limited. Currently there are 3 open charges and 4 have been satisfied in the past.
il fornaio 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.
Click to start generating capital raising & share issue transactions for IL FORNAIO LIMITED. This can take several minutes, an email will notify you when this has completed.
il fornaio limitedCompanies House Filings - See Documents
