the authentic food company limitedEstimated Valuation
£35.1m
Pomanda estimates the enterprise value of THE AUTHENTIC FOOD COMPANY LIMITED at £35.1m based on a Turnover of £45.5m and 0.77x industry multiple (adjusted for size and gross margin).
the authentic food company limitedEstimated Valuation
£15.6m
Pomanda estimates the enterprise value of THE AUTHENTIC FOOD COMPANY LIMITED at £15.6m based on an EBITDA of £2.4m and a 6.49x industry multiple (adjusted for size and gross margin).
the authentic food company limitedEstimated Valuation
£38.2m
Pomanda estimates the enterprise value of THE AUTHENTIC FOOD COMPANY LIMITED at £38.2m based on Net Assets of £18.9m and 2.03x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
The Authentic Food Company LimitedOverview
The Authentic Food Company Limited is a live company located in manchester, M22 4SW with a Companies House number of 01928101. It operates in the manufacture of prepared meals and dishes sector, SIC Code 10850. Founded in July 1985, it's largest shareholder is
authentic food group ltd
with a 100% stake. The Authentic Food Company Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£45.5m with
low
growth in recent years.
Pomanda's financial health check has awarded The Authentic Food Company 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 £45.5m, make it larger than the average company (£22m)
£45.5m - The Authentic Food Company Limited
£22m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (5.5%)
3% - The Authentic Food Company Limited
5.5% - Industry AVG
Production
with a gross margin of 24.9%, this company has a comparable cost of product (26%)
24.9% - The Authentic Food Company Limited
26% - Industry AVG
Profitability
an operating margin of 4.8% make it more profitable than the average company (3%)
4.8% - The Authentic Food Company Limited
3% - Industry AVG
Employees
with 91 employees, this is below the industry average (164)
91 - The Authentic Food Company Limited
164 - Industry AVG
Pay Structure
on an average salary of £23.5k, the company has a lower pay structure (£29.4k)
£23.5k - The Authentic Food Company Limited
£29.4k - Industry AVG
Efficiency
resulting in sales per employee of £499.6k, this is more efficient (£126.8k)
£499.6k - The Authentic Food Company Limited
£126.8k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is near the average (39 days)
35 days - The Authentic Food Company Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 74 days, this is slower than average (44 days)
74 days - The Authentic Food Company Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 52 days, this is more than average (32 days)
52 days - The Authentic Food Company Limited
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 10 weeks, this is more cash available to meet short term requirements (5 weeks)
10 weeks - The Authentic Food Company Limited
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.2%, this is a lower level of debt than the average (62.9%)
33.2% - The Authentic Food Company Limited
62.9% - Industry AVG
THE AUTHENTIC FOOD COMPANY LIMITED financials
EXPORT
The Authentic Food Company Limited's latest turnover from November 2023 is £45.5 million and the company has net assets of £18.9 million. According to their latest financial statements, The Authentic Food Company Limited has 91 employees and maintains cash reserves of £1.7 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Turnover
45,467,528
50,586,287
47,249,989
41,533,636
47,190,490
125,120,248
83,974,013
74,421,603
49,557,399
41,289,972
39,907,284
39,683,990
35,919,634
31,172,572
Other Income Or Grants
Cost Of Sales
34,145,542
38,498,520
35,538,577
31,518,052
34,948,749
97,664,799
66,027,022
59,493,517
35,115,986
27,326,469
25,882,160
26,707,264
23,426,425
16,728,468
Gross Profit
11,321,986
12,087,767
11,711,412
10,015,584
12,241,741
27,455,449
17,946,991
14,928,086
14,441,413
13,963,503
14,025,124
12,976,726
12,493,209
14,444,104
Admin Expenses
9,149,038
10,798,726
9,727,105
9,066,035
11,839,636
24,356,226
16,961,248
14,468,924
13,077,025
12,042,413
11,775,161
10,535,513
10,421,298
12,639,532
Operating Profit
2,172,948
1,289,041
1,984,307
949,549
402,105
3,099,223
985,743
459,162
1,364,388
1,921,090
2,249,963
2,441,213
2,071,911
1,804,572
Interest Payable
162,212
92,777
83,481
130,352
99,456
134,761
162,649
235,906
133,800
90,899
72,613
57,901
27,250
16,794
Interest Receivable
489,762
358,904
259,917
21,316
Pre-Tax Profit
2,010,736
1,196,264
1,900,826
819,197
302,649
2,964,462
1,312,856
582,160
1,490,505
1,830,191
2,177,350
2,383,312
2,065,977
1,787,778
Tax
-263,095
-227,941
-417,219
-155,771
848,285
-1,417,101
-156,341
71,586
-81,510
-323,357
-516,116
-621,545
-846,251
-381,763
Profit After Tax
1,747,641
968,323
1,483,607
663,426
1,150,934
1,547,361
1,156,515
653,746
1,408,995
1,506,834
1,661,234
1,761,767
1,219,726
1,406,015
Dividends Paid
Retained Profit
1,747,641
968,323
1,483,607
663,426
1,150,934
1,547,361
1,156,515
653,746
1,408,995
1,506,834
1,661,234
1,761,767
1,219,726
1,406,015
Employee Costs
2,138,027
2,615,612
2,990,139
3,197,908
4,205,371
6,622,240
3,641,095
3,540,703
2,911,883
2,901,127
2,644,964
3,463,070
3,056,887
2,322,266
Number Of Employees
91
112
138
159
195
211
195
180
170
171
168
151
158
146
EBITDA*
2,402,707
1,696,906
2,577,261
1,612,142
1,165,365
4,319,741
1,823,080
1,305,930
2,133,363
2,588,744
2,871,528
2,943,587
2,805,369
2,594,948
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Tangible Assets
525,324
712,003
1,119,868
1,783,453
2,221,293
2,984,553
3,727,003
4,317,213
4,789,258
4,908,940
4,334,128
3,839,347
2,804,139
2,200,914
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
16,023,572
15,868,925
15,644,840
14,013,608
14,520,887
14,704,748
11,655,625
Total Fixed Assets
16,548,896
16,580,928
16,764,708
15,797,061
16,742,180
17,689,301
15,382,628
4,317,213
4,789,258
4,908,940
4,334,128
3,839,347
2,804,139
2,200,914
Stock & work in progress
4,899,686
3,422,494
3,313,409
2,409,215
3,525,988
4,416,715
5,645,838
7,411,564
5,078,071
4,549,129
3,302,047
4,681,114
4,383,753
3,462,546
Trade Debtors
4,477,708
4,719,512
3,177,421
1,284,173
1,628,227
1,557,380
2,258,471
2,596,954
4,008,947
2,519,286
3,257,471
2,801,576
2,525,390
2,433,654
Group Debtors
9,248,332
7,669,602
6,906,607
6,575,224
3,405,001
1,279,726
392,646
Misc Debtors
645,493
526,416
698,874
542,732
774,988
785,231
777,839
962,073
1,286,660
797,329
773,670
778,161
606,099
526,998
Cash
1,684,222
2,085,537
2,972,480
3,612,855
2,636,891
2,603,742
383,169
2,844,910
2,958,058
1,358,712
308,518
765,807
1,033,919
36,860
misc current assets
total current assets
11,707,109
10,753,959
10,162,184
7,848,975
8,566,094
9,363,068
9,065,317
23,063,833
21,001,338
16,131,063
14,216,930
12,431,659
9,828,887
6,852,704
total assets
28,256,005
27,334,887
26,926,892
23,646,036
25,308,274
27,052,369
24,447,945
27,381,046
25,790,596
21,040,003
18,551,058
16,271,006
12,633,026
9,053,618
Bank overdraft
1,645,721
2,048,584
477,436
2,065,910
2,238,535
1,725,777
973,860
762,030
414,127
763,423
Bank loan
Trade Creditors
6,972,714
6,795,449
6,462,502
5,481,389
5,666,508
6,548,001
5,849,281
7,731,643
6,061,710
5,683,489
5,381,413
5,241,319
4,522,545
2,673,125
Group/Directors Accounts
3,709,529
3,873,702
other short term finances
125,000
125,000
182,673
135,096
313,803
hp & lease commitments
20,943
75,366
44,150
326,674
269,000
144,141
318,261
528,775
847,651
746,088
595,165
259,098
154,829
other current liabilities
1,587,421
2,024,313
2,879,976
2,971,933
2,750,626
3,823,421
1,550,712
1,713,959
2,448,908
1,329,024
1,621,124
1,531,331
1,529,669
1,028,516
total current liabilities
8,560,135
8,840,705
9,417,844
8,622,472
10,514,529
12,871,679
8,156,666
15,853,105
15,151,630
9,585,941
8,722,485
8,129,845
6,725,439
4,619,893
loans
114,583
187,500
251,495
4,638,919
678,179
hp & lease commitments
54,423
20,942
96,890
428,821
816,495
37,212
320,432
829,117
770,343
743,737
325,233
259,278
Accruals and Deferred Income
other liabilities
provisions
808,470
1,300,000
1,316,670
124,262
153,021
239,231
289,040
325,765
367,067
300,937
241,056
241,484
188,181
total long term liabilities
808,470
1,354,423
1,337,612
335,735
769,342
1,307,221
4,965,171
1,003,944
687,499
1,130,054
1,011,399
985,221
513,414
259,278
total liabilities
9,368,605
10,195,128
10,755,456
8,958,207
11,283,871
14,178,900
13,121,837
16,857,049
15,839,129
10,715,995
9,733,884
9,115,066
7,238,853
4,879,171
net assets
18,887,400
17,139,759
16,171,436
14,687,829
14,024,403
12,873,469
11,326,108
10,523,997
9,951,467
10,324,008
8,817,174
7,155,940
5,394,173
4,174,447
total shareholders funds
18,887,400
17,139,759
16,171,436
14,687,829
14,024,403
12,873,469
11,326,108
10,523,997
9,951,467
10,324,008
8,817,174
7,155,940
5,394,173
4,174,447
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
2,172,948
1,289,041
1,984,307
949,549
402,105
3,099,223
985,743
459,162
1,364,388
1,921,090
2,249,963
2,441,213
2,071,911
1,804,572
Depreciation
229,759
407,865
592,954
662,593
763,260
1,220,518
837,337
846,768
768,975
667,654
621,565
502,374
733,458
790,376
Amortisation
Tax
-263,095
-227,941
-417,219
-155,771
848,285
-1,417,101
-156,341
71,586
-81,510
-323,357
-516,116
-621,545
-846,251
-381,763
Stock
1,477,192
109,085
904,194
-1,116,773
-890,727
-1,229,123
-1,765,726
2,333,493
528,942
1,247,082
-1,379,067
297,361
921,207
3,462,546
Debtors
31,920
1,593,718
3,680,622
-1,083,589
-123,257
2,355,424
1,884,576
-157,850
2,741,987
-383,143
3,621,627
2,573,523
1,057,917
3,353,298
Creditors
177,265
332,947
981,113
-185,119
-881,493
698,720
-1,882,362
1,669,933
378,221
302,076
140,094
718,774
1,849,420
2,673,125
Accruals and Deferred Income
-436,892
-855,663
-91,957
221,307
-1,072,795
2,272,709
-163,247
-734,949
1,119,884
-292,100
89,793
1,662
501,153
1,028,516
Deferred Taxes & Provisions
-491,530
-16,670
1,192,408
-28,759
-86,210
-49,809
-36,725
-41,302
66,130
59,881
-428
53,303
188,181
Cash flow from operations
-120,657
-773,224
-343,210
3,664,162
987,136
4,697,959
-534,445
95,555
345,159
1,471,305
342,311
224,897
2,518,748
-901,018
Investing Activities
capital expenditure
-43,080
70,631
-224,753
-478,068
-247,127
-374,723
-649,293
-1,242,466
-1,116,346
-1,537,582
-1,336,683
-2,991,290
Change in Investments
cash flow from investments
-43,080
70,631
-224,753
-478,068
-247,127
-374,723
-649,293
-1,242,466
-1,116,346
-1,537,582
-1,336,683
-2,991,290
Financing Activities
Bank loans
Group/Directors Accounts
-3,709,529
-164,173
3,873,702
Other Short Term Loans
-125,000
-57,673
47,577
-178,707
313,803
Long term loans
-114,583
-72,917
-63,995
-4,387,424
3,960,740
678,179
Hire Purchase and Lease Commitments
-75,366
-20,942
-44,732
-614,455
-330,000
904,142
-136,908
-530,946
-827,561
160,337
177,529
754,571
170,224
414,107
other long term liabilities
share issue
-354,404
-81,216
-1,781,536
2,768,432
interest
-162,212
-92,777
-83,481
-130,352
-99,456
-134,761
327,113
122,998
126,117
-90,899
-72,613
-57,901
-5,934
-16,794
cash flow from financing
-237,578
-113,719
-367,796
-817,724
-551,124
-3,570,466
-91,695
338,645
1,390,722
69,438
104,916
696,670
164,290
3,165,745
cash and cash equivalents
cash
-401,315
-886,943
-640,375
975,964
33,149
2,220,573
-2,461,741
-113,148
1,599,346
1,050,194
-457,289
-268,112
997,059
36,860
overdraft
-1,645,721
-402,863
1,571,148
-1,588,474
-172,625
512,758
751,917
211,830
347,903
-349,296
763,423
change in cash
-401,315
-886,943
-640,375
2,621,685
436,012
649,425
-873,267
59,477
1,086,588
298,277
-669,119
-616,015
1,346,355
-726,563
the authentic food company 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 the authentic food company limited. Get real-time insights into the authentic food company limited's credit score, group structure and payment trends.
The Authentic Food Company Limited Competitor Analysis
Perform a competitor analysis for the authentic food company limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in M22 area or any other competitors across 12 key performance metrics.
the authentic food company limited Ownership
THE AUTHENTIC FOOD COMPANY LIMITED group structure
The Authentic Food Company Limited has no subsidiary companies.
The sole shareholder of The Authentic Food Company Limited is Authentic Food Group Ltd.
authentic food group ltd
100%
the authentic food company limited directors
The Authentic Food Company Limited currently has 2 directors.
The longest serving directors include
Mrs Kamaljit Basran (Jul 1991) and
Mr Nik Basran (Mar 2010).
the authentic food company limited company details
company number
01928101
Type
Private limited with Share Capital
industry
10850 - Manufacture of prepared meals and dishes
incorporation date
July 1985
age
40
incorporated
UK
ultimate parent company
BLUEPRINT LTD
accounts
Full Accounts
last accounts submitted
November 2023
previous names
authentic indian foods limited (February 2000)
accountant
-
auditor
ALEXANDER & CO LLP
address
4-5 robeson way, sharston green business park, manchester, M22 4SW
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
the authentic food company 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 14 charges/mortgages relating to the authentic food company limited. Currently there are 1 open charges and 13 have been satisfied in the past.
the authentic food company 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 THE AUTHENTIC FOOD COMPANY LIMITED. This can take several minutes, an email will notify you when this has completed.
the authentic food company limitedCompanies House Filings - See Documents
