smithfield murray limited Company Information
Company Number
02110715
Next Accounts
Sep 2025
Industry
Production of meat and poultry meat products
Shareholders
smithfield murray holdings ltd
Group Structure
View All
Contact
Registered Address
fourth floor, unit 5b the parklands, bolton, BL6 4SD
Website
www.smithfieldmurray.comsmithfield murray limited Estimated Valuation
Pomanda estimates the enterprise value of SMITHFIELD MURRAY LIMITED at £33.5m based on a Turnover of £38.5m and 0.87x industry multiple (adjusted for size and gross margin).
smithfield murray limited Estimated Valuation
Pomanda estimates the enterprise value of SMITHFIELD MURRAY LIMITED at £47.3m based on an EBITDA of £5.5m and a 8.6x industry multiple (adjusted for size and gross margin).
smithfield murray limited Estimated Valuation
Pomanda estimates the enterprise value of SMITHFIELD MURRAY LIMITED at £19.6m based on Net Assets of £9.8m and 2x industry multiple (adjusted for liquidity).
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Smithfield Murray Limited Overview
Smithfield Murray Limited is a live company located in bolton, BL6 4SD with a Companies House number of 02110715. It operates in the production of meat and poultry meat products sector, SIC Code 10130. Founded in March 1987, it's largest shareholder is smithfield murray holdings ltd with a 100% stake. Smithfield Murray Limited is a mature, large sized company, Pomanda has estimated its turnover at £38.5m with healthy growth in recent years.
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Smithfield Murray Limited Health Check
Pomanda's financial health check has awarded Smithfield Murray Limited 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
3 Regular
1 Weak
Size
annual sales of £48.5m, make it larger than the average company (£30.9m)
£48.5m - Smithfield Murray Limited
£30.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (6.3%)
22% - Smithfield Murray Limited
6.3% - Industry AVG
Production
with a gross margin of 18.7%, this company has a comparable cost of product (16.3%)
18.7% - Smithfield Murray Limited
16.3% - Industry AVG
Profitability
an operating margin of 11.1% make it more profitable than the average company (3.3%)
11.1% - Smithfield Murray Limited
3.3% - Industry AVG
Employees
with 125 employees, this is similar to the industry average (113)
125 - Smithfield Murray Limited
113 - Industry AVG
Pay Structure
on an average salary of £24.6k, the company has a lower pay structure (£31.2k)
£24.6k - Smithfield Murray Limited
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £387.9k, this is more efficient (£232k)
£387.9k - Smithfield Murray Limited
£232k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is later than average (36 days)
50 days - Smithfield Murray Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is close to average (34 days)
30 days - Smithfield Murray Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 6 days, this is less than average (24 days)
6 days - Smithfield Murray Limited
24 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 27 weeks, this is more cash available to meet short term requirements (12 weeks)
27 weeks - Smithfield Murray Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.4%, this is a lower level of debt than the average (54.4%)
46.4% - Smithfield Murray Limited
54.4% - Industry AVG
SMITHFIELD MURRAY LIMITED financials
Smithfield Murray Limited's latest turnover from December 2023 is £38.5 million and the company has net assets of £9.8 million. According to their latest financial statements, Smithfield Murray Limited has 107 employees and maintains cash reserves of £4.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 38,482,345 | 48,483,022 | 40,367,498 | 24,665,506 | 26,562,260 | 22,214,201 | 18,372,624 | 21,280,272 | 22,183,370 | 23,423,221 | 18,669,361 | 13,252,711 | 15,699,575 | 14,311,305 | 14,835,344 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 30,165,990 | 39,408,768 | 35,090,502 | 20,902,328 | 23,408,345 | 19,872,877 | 16,491,282 | 18,627,792 | 19,584,968 | 20,890,969 | 16,402,526 | 11,290,178 | 13,426,884 | 12,139,576 | 12,305,233 |
Gross Profit | 8,316,355 | 9,074,254 | 5,276,996 | 3,763,178 | 3,153,915 | 2,341,324 | 1,881,342 | 2,652,480 | 2,598,402 | 2,532,252 | 2,266,835 | 1,962,533 | 2,272,691 | 2,171,729 | 2,530,111 |
Admin Expenses | 3,166,529 | 3,680,930 | 3,411,061 | 2,760,549 | 2,512,480 | 2,095,771 | 2,102,267 | 2,062,384 | 2,139,374 | 2,105,090 | 1,940,688 | 1,626,401 | 1,619,572 | 1,545,713 | 1,693,185 |
Operating Profit | 5,149,826 | 5,393,324 | 1,865,935 | 1,002,629 | 641,435 | 245,553 | -220,925 | 590,096 | 459,028 | 427,162 | 326,147 | 336,132 | 653,119 | 626,016 | 836,926 |
Interest Payable | 7,403 | 36,999 | 49,932 | 74,829 | 16,421 | 17,647 | 6,113 | 0 | 1,126 | 5,906 | 11,523 | 4,008 | 8,828 | 10,357 | 12,934 |
Interest Receivable | 34,915 | 10,421 | 2,323 | 232 | 418 | 0 | 0 | 0 | 0 | 3,590 | 63 | 368 | 828 | 1,361 | 0 |
Pre-Tax Profit | 5,177,338 | 5,366,746 | 1,818,326 | 928,032 | 625,432 | 227,906 | -227,038 | 590,096 | 457,902 | 424,846 | 314,687 | 332,492 | 575,119 | 547,020 | 823,992 |
Tax | -1,294,164 | -1,023,380 | -369,988 | -441,151 | -121,006 | -44,736 | 40,244 | -124,886 | -94,877 | -92,484 | -73,148 | -70,694 | -24,524 | -26,647 | -239,266 |
Profit After Tax | 3,883,174 | 4,343,366 | 1,448,338 | 486,881 | 504,426 | 183,170 | -186,794 | 465,210 | 363,025 | 332,362 | 241,539 | 261,798 | 550,595 | 520,373 | 584,726 |
Dividends Paid | 1,649,972 | 105,303 | 319,050 | 239,686 | 281,050 | 215,050 | 227,050 | 277,050 | 277,752 | 116,300 | 287,050 | 234,415 | 390,778 | 139,686 | 70,000 |
Retained Profit | 2,233,202 | 4,238,063 | 1,129,288 | 247,195 | 223,376 | -31,880 | -413,844 | 188,160 | 85,273 | 216,062 | -45,511 | 27,383 | 159,817 | 380,687 | 514,726 |
Employee Costs | 2,623,819 | 3,071,848 | 2,947,849 | 2,380,160 | 1,726,794 | 1,507,349 | 1,544,706 | 1,569,140 | 1,653,831 | 1,408,952 | 1,288,114 | 1,017,032 | 1,012,636 | 872,810 | 933,375 |
Number Of Employees | 107 | 125 | 110 | 100 | 104 | 82 | 84 | 87 | 64 | 60 | 56 | 53 | 52 | 51 | 49 |
EBITDA* | 5,507,260 | 5,866,441 | 2,289,163 | 1,305,338 | 857,025 | 431,676 | -6,377 | 756,228 | 633,034 | 602,646 | 503,232 | 443,575 | 761,418 | 817,115 | 1,093,250 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,295,037 | 1,244,382 | 1,470,990 | 941,212 | 882,762 | 549,685 | 695,537 | 299,067 | 340,013 | 468,949 | 590,050 | 742,128 | 442,143 | 489,232 | 620,156 |
Intangible Assets | 370,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 1,665,037 | 1,244,382 | 1,470,990 | 941,212 | 882,762 | 549,685 | 695,537 | 299,067 | 340,013 | 468,949 | 590,050 | 742,128 | 442,143 | 489,232 | 620,156 |
Stock & work in progress | 549,530 | 711,916 | 701,116 | 219,819 | 183,160 | 279,961 | 301,517 | 265,913 | 182,821 | 229,361 | 200,231 | 273,627 | 150,154 | 214,586 | 98,662 |
Trade Debtors | 7,819,832 | 6,689,292 | 6,425,360 | 4,769,859 | 3,371,327 | 2,953,562 | 1,928,132 | 2,159,184 | 2,548,889 | 2,910,718 | 2,260,764 | 1,759,378 | 1,409,482 | 1,286,521 | 1,793,972 |
Group Debtors | 3,140,650 | 1,986,693 | 1,640,650 | 1,640,650 | 1,640,650 | 1,640,650 | 1,580,650 | 1,580,650 | 1,580,650 | 1,490,650 | 1,490,650 | 1,490,650 | 1,490,650 | 1,490,650 | 1,490,650 |
Misc Debtors | 238,247 | 273,965 | 294,069 | 260,053 | 290,119 | 409,137 | 369,356 | 205,171 | 167,838 | 261,886 | 154,099 | 242,443 | 476,002 | 178,285 | 113,055 |
Cash | 4,244,824 | 3,255,929 | 324,959 | 165,990 | 448,882 | 167,550 | 76,101 | 670,144 | 482,192 | 80 | 80 | 80 | 80 | 79 | 78 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 15,993,083 | 12,917,795 | 9,386,154 | 7,056,371 | 5,934,138 | 5,450,860 | 4,255,756 | 4,881,062 | 4,962,390 | 4,892,695 | 4,105,824 | 3,766,178 | 3,526,368 | 3,170,121 | 3,496,417 |
total assets | 17,658,120 | 14,162,177 | 10,857,144 | 7,997,583 | 6,816,900 | 6,000,545 | 4,951,293 | 5,180,129 | 5,302,403 | 5,361,644 | 4,695,874 | 4,508,306 | 3,968,511 | 3,659,353 | 4,116,573 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 520,412 | 356,132 | 154,326 | 246,612 | 188,445 | 245,876 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 3,467,231 | 3,326,451 | 3,863,825 | 2,457,847 | 2,582,515 | 2,687,487 | 1,535,205 | 1,567,304 | 1,838,928 | 1,557,813 | 1,099,633 | 964,032 | 719,672 | 648,598 | 627,295 |
Group/Directors Accounts | 1,351,453 | 1,130,820 | 1,130,820 | 1,130,820 | 1,130,820 | 1,130,820 | 1,130,820 | 1,130,820 | 1,130,820 | 1,130,820 | 1,141,531 | 1,130,820 | 1,130,820 | 980,820 | 1,050,820 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 174,317 | 228,822 | 371,384 | 217,808 | 196,958 | 128,239 | 128,239 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 2,544,123 | 1,491,848 | 1,490,619 | 1,579,910 | 572,023 | 240,853 | 177,683 | 280,496 | 314,173 | 205,605 | 357,597 | 466,584 | 115,467 | 242,922 | 971,123 |
total current liabilities | 7,537,124 | 6,177,941 | 6,856,648 | 5,386,385 | 4,482,316 | 4,187,399 | 2,971,947 | 2,978,620 | 3,283,921 | 3,414,650 | 2,954,893 | 2,715,762 | 2,212,571 | 2,060,785 | 2,895,114 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 34,617 | 145,100 | 358,094 | 274,191 | 268,187 | 50,006 | 172,012 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 260,775 | 246,734 | 288,063 | 111,956 | 88,541 | 8,660 | 20,974 | 1,305 | 6,438 | 20,223 | 30,272 | 36,324 | 27,103 | 29,548 | 33,126 |
total long term liabilities | 295,392 | 391,834 | 646,157 | 386,147 | 356,728 | 58,666 | 192,986 | 1,305 | 6,438 | 20,223 | 30,272 | 36,324 | 27,103 | 29,548 | 33,126 |
total liabilities | 7,832,516 | 6,569,775 | 7,502,805 | 5,772,532 | 4,839,044 | 4,246,065 | 3,164,933 | 2,979,925 | 3,290,359 | 3,434,873 | 2,985,165 | 2,752,086 | 2,239,674 | 2,090,333 | 2,928,240 |
net assets | 9,825,604 | 7,592,402 | 3,354,339 | 2,225,051 | 1,977,856 | 1,754,480 | 1,786,360 | 2,200,204 | 2,012,044 | 1,926,771 | 1,710,709 | 1,756,220 | 1,728,837 | 1,569,020 | 1,188,333 |
total shareholders funds | 9,825,604 | 7,592,402 | 3,354,339 | 2,225,051 | 1,977,856 | 1,754,480 | 1,786,360 | 2,200,204 | 2,012,044 | 1,926,771 | 1,710,709 | 1,756,220 | 1,728,837 | 1,569,020 | 1,188,333 |
Dec 2023 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 5,149,826 | 5,393,324 | 1,865,935 | 1,002,629 | 641,435 | 245,553 | -220,925 | 590,096 | 459,028 | 427,162 | 326,147 | 336,132 | 653,119 | 626,016 | 836,926 |
Depreciation | 327,434 | 473,117 | 423,228 | 302,709 | 215,590 | 186,123 | 214,548 | 166,132 | 174,006 | 175,484 | 177,085 | 107,443 | 108,299 | 191,099 | 256,324 |
Amortisation | 30,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -1,294,164 | -1,023,380 | -369,988 | -441,151 | -121,006 | -44,736 | 40,244 | -124,886 | -94,877 | -92,484 | -73,148 | -70,694 | -24,524 | -26,647 | -239,266 |
Stock | -151,586 | 10,800 | 481,297 | 36,659 | -96,801 | -21,556 | 35,604 | 83,092 | -46,540 | 29,130 | -73,396 | 123,473 | -64,432 | 115,924 | 98,662 |
Debtors | 2,838,650 | 589,871 | 1,689,517 | 1,368,466 | 298,747 | 1,125,211 | -66,867 | -352,372 | -365,877 | 757,741 | 413,042 | 116,337 | 420,678 | -442,221 | 3,397,677 |
Creditors | -396,594 | -537,374 | 1,405,978 | -124,668 | -104,972 | 1,152,282 | -32,099 | -271,624 | 281,115 | 458,180 | 135,601 | 244,360 | 71,074 | 21,303 | 627,295 |
Accruals and Deferred Income | 1,053,504 | 1,229 | -89,291 | 1,007,887 | 331,170 | 63,170 | -102,813 | -33,677 | 108,568 | -151,992 | -108,987 | 351,117 | -127,455 | -728,201 | 971,123 |
Deferred Taxes & Provisions | -27,288 | -41,329 | 176,107 | 23,415 | 79,881 | -12,314 | 19,669 | -5,133 | -13,785 | -10,049 | -6,052 | 9,221 | -2,445 | -3,578 | 33,126 |
Cash flow from operations | 2,155,654 | 3,664,916 | 1,241,155 | 365,696 | 840,152 | 486,423 | -50,113 | 590,188 | 1,326,472 | 19,430 | 111,000 | 737,769 | 321,822 | 406,289 | -1,010,811 |
Investing Activities | |||||||||||||||
capital expenditure | 0 | 0 | 0 | -4,775 | -249,493 | -128,967 | 60,594 | -151,411 | -16,001 | -407,428 | -131,210 | -127,707 | -13,348 | ||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | 0 | 0 | 0 | -4,775 | -249,493 | -128,967 | 60,594 | -151,411 | -16,001 | -407,428 | -131,210 | -127,707 | -13,348 | ||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 220,633 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10,711 | 10,711 | 0 | 150,000 | -70,000 | 1,050,820 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | -520,544 | -355,556 | 237,479 | 26,854 | 286,900 | -122,006 | 300,251 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | 27,512 | -26,578 | -47,609 | -74,597 | -16,003 | -17,647 | -6,113 | 0 | -1,126 | -2,316 | -11,460 | -3,640 | -8,000 | -8,996 | -12,934 |
cash flow from financing | 3,965,664 | -382,134 | 189,870 | -47,743 | 270,897 | -139,653 | 294,138 | 0 | -1,126 | -13,027 | -749 | -3,640 | 142,000 | -78,996 | 1,711,493 |
cash and cash equivalents | |||||||||||||||
cash | 3,919,865 | 2,930,970 | 158,969 | -282,892 | 281,332 | 91,449 | -594,043 | 187,952 | 482,112 | 0 | 0 | 0 | 1 | 1 | 78 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -520,412 | 164,280 | 201,806 | -92,286 | 58,167 | -57,431 | 245,876 |
change in cash | 3,919,865 | 2,930,970 | 158,969 | -282,892 | 281,332 | 91,449 | -594,043 | 187,952 | 1,002,524 | -164,280 | -201,806 | 92,286 | -58,166 | 57,432 | -245,798 |
smithfield murray limited Credit Report and Business Information
Smithfield Murray Limited Competitor Analysis
Perform a competitor analysis for smithfield murray limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in BL6 area or any other competitors across 12 key performance metrics.
smithfield murray limited Ownership
SMITHFIELD MURRAY LIMITED group structure
Smithfield Murray Limited has no subsidiary companies.
Ultimate parent company
2 parents
SMITHFIELD MURRAY LIMITED
02110715
smithfield murray limited directors
Smithfield Murray Limited currently has 4 directors. The longest serving directors include Mr Damien Murray (Mar 1987) and Mr Martin Grady (Oct 2009).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Damien Murray | England | 62 years | Mar 1987 | - | Director |
Mr Martin Grady | 57 years | Oct 2009 | - | Director | |
Mr Tariq Habib | England | 56 years | Mar 2023 | - | Director |
Miss Diane Walker | England | 52 years | Mar 2023 | - | Director |
P&L
December 2023turnover
38.5m
-5%
operating profit
5.1m
+176%
gross margin
21.7%
+65.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
9.8m
+1.93%
total assets
17.7m
+0.63%
cash
4.2m
+12.06%
net assets
Total assets minus all liabilities
smithfield murray limited company details
company number
02110715
Type
Private limited with Share Capital
industry
10130 - Production of meat and poultry meat products
incorporation date
March 1987
age
38
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
smithfield murray (manchester) limited (March 1997)
accountant
-
auditor
SUMER AUDITCO LIMITED
address
fourth floor, unit 5b the parklands, bolton, BL6 4SD
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
SLATER HEELIS LLP
smithfield murray 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 9 charges/mortgages relating to smithfield murray limited. Currently there are 2 open charges and 7 have been satisfied in the past.
smithfield murray 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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smithfield murray limited Companies House Filings - See Documents
date | description | view/download |
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