inspired global cuisine ltd
inspired global cuisine ltd Company Information
Company Number
01905169
Next Accounts
Dec 2025
Shareholders
loxton frozen foods ltd
Group Structure
View All
Industry
Manufacture of prepared meals and dishes
Registered Address
hammerstone road gorton, manchester, M18 8BW
Website
www.iceland.co.ukinspired global cuisine ltd Estimated Valuation
Pomanda estimates the enterprise value of INSPIRED GLOBAL CUISINE LTD at £77.3m based on a Turnover of £90.1m and 0.86x industry multiple (adjusted for size and gross margin).
inspired global cuisine ltd Estimated Valuation
Pomanda estimates the enterprise value of INSPIRED GLOBAL CUISINE LTD at £45.3m based on an EBITDA of £6.5m and a 7x industry multiple (adjusted for size and gross margin).
inspired global cuisine ltd Estimated Valuation
Pomanda estimates the enterprise value of INSPIRED GLOBAL CUISINE LTD at £44.1m based on Net Assets of £22.7m and 1.94x industry multiple (adjusted for liquidity).
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Inspired Global Cuisine Ltd Overview
Inspired Global Cuisine Ltd is a live company located in manchester, M18 8BW with a Companies House number of 01905169. It operates in the manufacture of prepared meals and dishes sector, SIC Code 10850. Founded in April 1985, it's largest shareholder is loxton frozen foods ltd with a 100% stake. Inspired Global Cuisine Ltd is a mature, large sized company, Pomanda has estimated its turnover at £90.1m with rapid growth in recent years.
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Inspired Global Cuisine Ltd Health Check
Pomanda's financial health check has awarded Inspired Global Cuisine Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 1 areas for improvement. Company Health Check FAQs
8 Strong
2 Regular
1 Weak
Size
annual sales of £90.1m, make it larger than the average company (£23m)
£90.1m - Inspired Global Cuisine Ltd
£23m - Industry AVG
Growth
3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (9.5%)
30% - Inspired Global Cuisine Ltd
9.5% - Industry AVG
Production
with a gross margin of 23.4%, this company has a comparable cost of product (27.5%)
23.4% - Inspired Global Cuisine Ltd
27.5% - Industry AVG
Profitability
an operating margin of 5.7% make it more profitable than the average company (3.3%)
5.7% - Inspired Global Cuisine Ltd
3.3% - Industry AVG
Employees
with 345 employees, this is above the industry average (191)
345 - Inspired Global Cuisine Ltd
191 - Industry AVG
Pay Structure
on an average salary of £31.9k, the company has an equivalent pay structure (£30.3k)
£31.9k - Inspired Global Cuisine Ltd
£30.3k - Industry AVG
Efficiency
resulting in sales per employee of £261.1k, this is more efficient (£129.4k)
£261.1k - Inspired Global Cuisine Ltd
£129.4k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (40 days)
1 days - Inspired Global Cuisine Ltd
40 days - Industry AVG
Creditor Days
its suppliers are paid after 66 days, this is slower than average (40 days)
66 days - Inspired Global Cuisine Ltd
40 days - Industry AVG
Stock Days
it holds stock equivalent to 59 days, this is more than average (30 days)
59 days - Inspired Global Cuisine Ltd
30 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Inspired Global Cuisine Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.2%, this is a lower level of debt than the average (64.8%)
50.2% - Inspired Global Cuisine Ltd
64.8% - Industry AVG
INSPIRED GLOBAL CUISINE LTD financials
Inspired Global Cuisine Ltd's latest turnover from March 2024 is £90.1 million and the company has net assets of £22.7 million. According to their latest financial statements, Inspired Global Cuisine Ltd has 345 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Oct 2011 | Oct 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 90,077,000 | 80,379,000 | 56,810,000 | 40,764,000 | 44,397,000 | 44,390,000 | 45,270,000 | 38,938,000 | 35,774,000 | 43,100,000 | 39,751,000 | 51,949,000 | 33,131,599 | 36,474,804 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 69,015,000 | 56,204,000 | 45,168,000 | 31,036,000 | 33,440,000 | 33,785,000 | 35,137,000 | 30,690,000 | 32,254,000 | 36,433,000 | 32,113,000 | 46,429,000 | 27,423,360 | 31,552,894 |
| Gross Profit | 21,062,000 | 24,175,000 | 11,642,000 | 9,728,000 | 10,957,000 | 10,605,000 | 10,133,000 | 8,248,000 | 3,520,000 | 6,667,000 | 7,638,000 | 5,520,000 | 5,708,239 | 4,921,910 |
| Admin Expenses | 15,971,000 | 14,670,000 | 10,051,627 | 10,028,769 | ||||||||||
| Operating Profit | 5,091,000 | 9,505,000 | -4,343,388 | -5,106,859 | ||||||||||
| Interest Payable | 82,000 | 74,000 | 33,000 | 84,000 | 134,000 | 182,000 | 231,000 | 24,000 | 90,000 | 167,000 | 289,000 | 530,000 | 335,672 | 371,428 |
| Interest Receivable | 162,000 | |||||||||||||
| Pre-Tax Profit | 5,009,000 | 9,431,000 | 4,597,000 | 1,112,000 | 6,475,000 | 6,113,000 | 6,653,000 | 2,923,000 | -2,497,000 | 12,040,000 | -4,870,000 | -11,938,000 | -4,679,060 | -5,478,287 |
| Tax | 343,000 | -295,000 | -568,000 | -115,000 | -1,071,000 | -1,148,000 | -1,221,000 | -617,000 | -444,000 | -319,000 | 3,090,000 | |||
| Profit After Tax | 5,352,000 | 9,136,000 | 4,029,000 | 997,000 | 5,404,000 | 4,965,000 | 5,432,000 | 2,306,000 | -2,941,000 | 11,721,000 | -1,780,000 | -11,938,000 | -4,679,060 | -5,478,287 |
| Dividends Paid | ||||||||||||||
| Retained Profit | 5,352,000 | 9,136,000 | 4,029,000 | 997,000 | 5,404,000 | 4,965,000 | 5,432,000 | 2,306,000 | -2,941,000 | 11,721,000 | -1,780,000 | -11,938,000 | -4,679,060 | -5,478,287 |
| Employee Costs | 11,009,000 | 9,415,000 | 7,664,000 | 5,661,000 | 5,491,000 | 5,198,000 | 5,207,000 | 5,234,000 | 6,806,000 | 6,518,000 | 6,107,000 | 12,170,000 | 6,855,131 | 6,145,783 |
| Number Of Employees | 345 | 337 | 307 | 193 | 193 | 186 | 198 | 232 | 331 | 313 | 310 | 303 | 240 | 179 |
| EBITDA* | 6,467,000 | 10,608,000 | -2,652,360 | -3,982,433 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Oct 2011 | Oct 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,191,000 | 6,377,000 | 12,272,000 | 7,771,000 | 6,538,000 | 7,974,000 | 8,013,000 | 8,814,000 | 7,623,000 | 2,112,000 | 4,534,000 | 8,145,000 | 6,298,319 | 5,682,626 |
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | 3,619,000 | 3,619,000 | 2,491,000 | 279,000 | ||||||||||
| Total Fixed Assets | 5,191,000 | 6,377,000 | 12,272,000 | 7,771,000 | 6,538,000 | 7,974,000 | 8,013,000 | 8,814,000 | 7,623,000 | 2,112,000 | 8,153,000 | 11,764,000 | 8,789,319 | 5,961,626 |
| Stock & work in progress | 11,260,000 | 13,141,000 | 9,443,000 | 2,816,000 | 3,314,000 | 5,935,000 | 3,644,000 | 5,084,000 | 9,672,000 | 6,841,000 | 3,951,000 | 4,373,000 | 2,399,354 | 2,369,932 |
| Trade Debtors | 356,000 | 213,000 | 60,000 | 7,000 | 8,000 | 6,000 | 133,000 | 80,000 | 1,840,000 | 845,000 | 1,032,000 | 364,000 | 2,085,304 | 1,674,928 |
| Group Debtors | 27,310,000 | 13,128,000 | 6,883,000 | 5,169,000 | 4,879,000 | 5,033,000 | 5,313,000 | 5,145,000 | 3,619,000 | 3,619,000 | 1,726,000 | 187,147 | ||
| Misc Debtors | 1,471,000 | 2,142,000 | 2,253,000 | 2,051,000 | 1,158,000 | 1,774,000 | 2,160,000 | 2,271,000 | 2,919,000 | 3,242,000 | 5,634,000 | 493,000 | 909,388 | 503,051 |
| Cash | 3,000 | 2,076,000 | 369,000 | 797,000 | 738,000 | 193 | 51,755 | |||||||
| misc current assets | ||||||||||||||
| total current assets | 40,397,000 | 28,624,000 | 18,639,000 | 10,043,000 | 9,359,000 | 12,751,000 | 11,250,000 | 12,580,000 | 20,126,000 | 14,916,000 | 11,414,000 | 7,694,000 | 5,581,386 | 4,599,666 |
| total assets | 45,588,000 | 35,001,000 | 30,911,000 | 17,814,000 | 15,897,000 | 20,725,000 | 19,263,000 | 21,394,000 | 27,749,000 | 17,028,000 | 19,567,000 | 19,458,000 | 14,370,705 | 10,561,292 |
| Bank overdraft | 626,000 | 4,779,770 | ||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 12,624,000 | 8,514,000 | 16,066,000 | 5,768,000 | 4,626,000 | 4,870,000 | 7,589,000 | 8,032,000 | 2,272,000 | 8,979,000 | 6,237,000 | 20,864,000 | 8,593,070 | 9,193,326 |
| Group/Directors Accounts | 4,583,000 | 4,246,000 | 2,788,000 | 2,447,000 | 1,305,000 | 9,541,000 | 9,651,000 | 12,966,000 | 33,023,000 | 15,764,000 | 77,606 | |||
| other short term finances | ||||||||||||||
| hp & lease commitments | 455,000 | 435,000 | 1,940,000 | 1,888,000 | 1,838,000 | 1,789,000 | 3,945,000 | 113,000 | 427,000 | 883,000 | 1,420,000 | 600,546 | 588,495 | |
| other current liabilities | 4,134,000 | 2,910,000 | 3,855,000 | 3,486,000 | 2,962,000 | 2,876,000 | 1,761,000 | 3,200,000 | 7,272,000 | 3,735,000 | 3,567,000 | 986,000 | 707,523 | 1,933,080 |
| total current liabilities | 21,796,000 | 16,105,000 | 22,709,000 | 13,641,000 | 10,781,000 | 19,125,000 | 20,790,000 | 28,769,000 | 42,680,000 | 28,905,000 | 10,687,000 | 23,270,000 | 14,758,515 | 11,714,901 |
| loans | 32,071,000 | 16,490,000 | 8,063,615 | 1,863,615 | ||||||||||
| hp & lease commitments | 1,102,000 | 1,558,000 | 1,940,000 | 3,828,000 | 5,666,000 | 5,250,000 | 113,000 | 520,000 | 1,401,000 | 1,021,392 | 1,176,533 | |||
| Accruals and Deferred Income | 228,000 | 337,490 | 337,490 | |||||||||||
| other liabilities | 183,239 | 783,239 | ||||||||||||
| provisions | ||||||||||||||
| total long term liabilities | 1,102,000 | 1,558,000 | 1,940,000 | 3,828,000 | 5,666,000 | 5,250,000 | 113,000 | 32,591,000 | 18,119,000 | 9,605,736 | 4,160,877 | |||
| total liabilities | 22,898,000 | 17,663,000 | 22,709,000 | 13,641,000 | 12,721,000 | 22,953,000 | 26,456,000 | 34,019,000 | 42,680,000 | 29,018,000 | 43,278,000 | 41,389,000 | 24,364,251 | 15,875,778 |
| net assets | 22,690,000 | 17,338,000 | 8,202,000 | 4,173,000 | 3,176,000 | -2,228,000 | -7,193,000 | -12,625,000 | -14,931,000 | -11,990,000 | -23,711,000 | -21,931,000 | -9,993,546 | -5,314,486 |
| total shareholders funds | 22,690,000 | 17,338,000 | 8,202,000 | 4,173,000 | 3,176,000 | -2,228,000 | -7,193,000 | -12,625,000 | -14,931,000 | -11,990,000 | -23,711,000 | -21,931,000 | -9,993,546 | -5,314,486 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Oct 2011 | Oct 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 5,091,000 | 9,505,000 | -4,343,388 | -5,106,859 | ||||||||||
| Depreciation | 1,376,000 | 1,103,000 | 1,340,000 | 1,767,000 | 1,804,000 | 1,682,000 | 1,517,000 | 3,666,000 | 957,000 | 2,063,000 | 4,448,000 | 3,493,000 | 1,691,028 | 1,124,426 |
| Amortisation | ||||||||||||||
| Tax | 343,000 | -295,000 | -568,000 | -115,000 | -1,071,000 | -1,148,000 | -1,221,000 | -617,000 | -444,000 | -319,000 | 3,090,000 | |||
| Stock | -1,881,000 | 3,698,000 | 6,627,000 | -498,000 | -2,621,000 | 2,291,000 | -1,440,000 | -4,588,000 | 2,831,000 | 2,890,000 | -422,000 | 4,373,000 | 29,422 | 2,369,932 |
| Debtors | 13,654,000 | 6,287,000 | 1,969,000 | 1,182,000 | -768,000 | -793,000 | 110,000 | -882,000 | 672,000 | -2,579,000 | 4,083,000 | 6,202,000 | 3,215,860 | 2,456,979 |
| Creditors | 4,110,000 | -7,552,000 | 10,298,000 | 1,142,000 | -244,000 | -2,719,000 | -443,000 | 5,760,000 | -6,707,000 | 2,742,000 | -14,627,000 | 20,864,000 | -600,256 | 9,193,326 |
| Accruals and Deferred Income | 1,224,000 | -945,000 | 369,000 | 524,000 | 86,000 | 1,115,000 | -1,439,000 | -4,072,000 | 3,537,000 | 168,000 | 2,353,000 | 1,214,000 | -1,225,557 | 2,270,570 |
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | 371,000 | -8,169,000 | -7,723,455 | 2,654,552 | ||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | 337,000 | 1,458,000 | 341,000 | 1,142,000 | -8,236,000 | -110,000 | -3,315,000 | -20,057,000 | 17,259,000 | 15,764,000 | 77,606 | |||
| Other Short Term Loans | ||||||||||||||
| Long term loans | -32,071,000 | 15,581,000 | 16,490,000 | 6,200,000 | 1,863,615 | |||||||||
| Hire Purchase and Lease Commitments | -436,000 | 1,993,000 | -1,940,000 | -1,888,000 | -1,838,000 | -1,789,000 | -1,740,000 | 9,082,000 | -427,000 | -863,000 | -1,418,000 | 2,821,000 | -143,090 | 1,765,028 |
| other long term liabilities | -600,000 | 783,239 | ||||||||||||
| share issue | ||||||||||||||
| interest | -82,000 | -74,000 | -33,000 | -84,000 | -134,000 | -182,000 | -231,000 | -24,000 | -90,000 | -167,000 | -289,000 | -368,000 | -335,672 | -371,428 |
| cash flow from financing | -181,000 | 3,377,000 | -1,632,000 | -830,000 | -10,208,000 | -2,081,000 | -5,286,000 | -10,999,000 | 16,742,000 | -17,337,000 | 13,874,000 | 8,950,000 | 5,198,844 | 4,204,255 |
| cash and cash equivalents | ||||||||||||||
| cash | -3,000 | 3,000 | -2,076,000 | 1,707,000 | -428,000 | 59,000 | 738,000 | -51,562 | 51,755 | |||||
| overdraft | -626,000 | 626,000 | 4,779,770 | |||||||||||
| change in cash | -3,000 | 3,000 | 626,000 | -2,702,000 | 1,707,000 | -428,000 | 59,000 | 738,000 | -4,831,332 | 51,755 |
inspired global cuisine ltd Credit Report and Business Information
Inspired Global Cuisine Ltd Competitor Analysis
Perform a competitor analysis for inspired global cuisine ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in M18 area or any other competitors across 12 key performance metrics.
inspired global cuisine ltd Ownership
INSPIRED GLOBAL CUISINE LTD group structure
Inspired Global Cuisine Ltd has no subsidiary companies.
Ultimate parent company
2 parents
INSPIRED GLOBAL CUISINE LTD
01905169
inspired global cuisine ltd directors
Inspired Global Cuisine Ltd currently has 3 directors. The longest serving directors include Mr Tarsem Dhaliwal (Aug 2012) and Mr Richard Ewen (Jun 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Tarsem Dhaliwal | United Kingdom | 61 years | Aug 2012 | - | Director |
| Mr Richard Ewen | United Kingdom | 43 years | Jun 2022 | - | Director |
| Mr Mark Ditch | United Kingdom | 39 years | Feb 2024 | - | Director |
P&L
March 2024turnover
90.1m
+12%
operating profit
5.1m
-46%
gross margin
23.4%
-22.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
22.7m
+0.31%
total assets
45.6m
+0.3%
cash
0
0%
net assets
Total assets minus all liabilities
inspired global cuisine ltd company details
company number
01905169
Type
Private limited with Share Capital
industry
10850 - Manufacture of prepared meals and dishes
incorporation date
April 1985
age
40
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
iceland manufacturing limited (December 2023)
loxton foods limited (March 2013)
See moreaccountant
-
auditor
GRANT THORNTON UK LLP
address
hammerstone road gorton, manchester, M18 8BW
Bank
HSBC BANK PLC
Legal Advisor
-
inspired global cuisine ltd 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 inspired global cuisine ltd. Currently there are 1 open charges and 6 have been satisfied in the past.
inspired global cuisine ltd 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 INSPIRED GLOBAL CUISINE LTD. This can take several minutes, an email will notify you when this has completed.
inspired global cuisine ltd Companies House Filings - See Documents
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