dole uk limited

dole uk limited Company Information

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Company Number

02208873

Industry

Wholesale of fruit and vegetables

 

Shareholders

saybest limited

Group Structure

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Contact

Registered Address

total produce enterprise way, pinchbeck, spalding, lincolnshire, PE11 3YR

dole uk limited Estimated Valuation

£94.4m

Pomanda estimates the enterprise value of DOLE UK LIMITED at £94.4m based on a Turnover of £187.2m and 0.5x industry multiple (adjusted for size and gross margin).

dole uk limited Estimated Valuation

£25.4m

Pomanda estimates the enterprise value of DOLE UK LIMITED at £25.4m based on an EBITDA of £3.7m and a 6.93x industry multiple (adjusted for size and gross margin).

dole uk limited Estimated Valuation

£25.5m

Pomanda estimates the enterprise value of DOLE UK LIMITED at £25.5m based on Net Assets of £13.1m and 1.94x industry multiple (adjusted for liquidity).

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Dole Uk Limited Overview

Dole Uk Limited is a live company located in spalding, PE11 3YR with a Companies House number of 02208873. It operates in the wholesale of fruit and vegetables sector, SIC Code 46310. Founded in December 1987, it's largest shareholder is saybest limited with a 100% stake. Dole Uk Limited is a mature, mega sized company, Pomanda has estimated its turnover at £187.2m with healthy growth in recent years.

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Dole Uk Limited Health Check

Pomanda's financial health check has awarded Dole Uk Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

8 Strong

positive_score

1 Regular

positive_score

3 Weak

size

Size

annual sales of £187.2m, make it larger than the average company (£23.7m)

£187.2m - Dole Uk Limited

£23.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (5.9%)

11% - Dole Uk Limited

5.9% - Industry AVG

production

Production

with a gross margin of 10.4%, this company has a comparable cost of product (12.3%)

10.4% - Dole Uk Limited

12.3% - Industry AVG

profitability

Profitability

an operating margin of 1.7% make it less profitable than the average company (2.5%)

1.7% - Dole Uk Limited

2.5% - Industry AVG

employees

Employees

with 212 employees, this is above the industry average (53)

212 - Dole Uk Limited

53 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.6k, the company has a higher pay structure (£37k)

£44.6k - Dole Uk Limited

£37k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £883.2k, this is more efficient (£427.4k)

£883.2k - Dole Uk Limited

£427.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (34 days)

0 days - Dole Uk Limited

34 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 41 days, this is slower than average (34 days)

41 days - Dole Uk Limited

34 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 6 days, this is less than average (8 days)

6 days - Dole Uk Limited

8 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 35 weeks, this is more cash available to meet short term requirements (14 weeks)

35 weeks - Dole Uk Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 72.8%, this is a higher level of debt than the average (58.8%)

72.8% - Dole Uk Limited

58.8% - Industry AVG

DOLE UK LIMITED financials

EXPORTms excel logo

Dole Uk Limited's latest turnover from December 2023 is £187.2 million and the company has net assets of £13.1 million. According to their latest financial statements, Dole Uk Limited has 212 employees and maintains cash reserves of £23.2 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover187,242,000166,169,000150,631,000136,465,000140,229,000149,962,000169,348,000144,582,000135,001,000144,096,000122,913,000126,192,000138,083,000122,800,000126,089,000
Other Income Or Grants000000000000000
Cost Of Sales167,792,000149,797,000136,303,000125,285,000127,078,000135,334,000154,215,000130,028,000120,688,000131,393,000111,487,000115,056,000125,174,000112,230,000115,547,000
Gross Profit19,450,00016,372,00014,328,00011,180,00013,151,00014,628,00015,133,00014,554,00014,313,00012,703,00011,426,00011,136,00012,909,00010,570,00010,542,000
Admin Expenses16,342,00011,860,00010,728,00011,010,00010,972,00011,326,00012,108,00012,248,00011,623,00011,249,0009,303,0009,681,00011,525,0009,616,0009,151,000
Operating Profit3,108,0004,512,0003,600,000170,0002,179,0003,302,0003,025,0002,306,0002,690,0001,454,0002,123,0001,455,0001,384,000954,0001,391,000
Interest Payable43,000244,000269,000262,000837,000237,000180,000226,000143,000224,000114,000111,000114,00060,00049,000
Interest Receivable444,000411,000287,000347,000231,000250,000194,000133,00065,0007,00063,00016,00039,000141,00076,000
Pre-Tax Profit3,509,0004,679,0003,618,000255,0001,573,0003,053,0003,437,0002,745,0002,612,0001,391,0002,072,0001,360,0001,309,0001,035,0001,418,000
Tax-876,000-929,000-909,000-29,000-341,000-980,000-776,000-263,000-389,00034,000-347,00016,000-284,000-2,000-484,000
Profit After Tax2,633,0003,750,0002,709,000226,0001,232,0002,073,0002,661,0002,482,0002,223,0001,425,0001,725,0001,376,0001,025,0001,033,000934,000
Dividends Paid1,100,0001,100,0001,100,000800,000800,0001,100,0001,100,0001,000,0005,000,00003,000,000650,000400,0001,500,0001,250,000
Retained Profit1,533,0002,650,0001,609,000-574,000432,000973,0001,561,0001,482,000-2,777,0001,425,000-1,275,000726,000625,000-467,000-316,000
Employee Costs9,456,0008,347,0007,850,0006,781,0007,253,0007,824,0008,184,0007,593,0007,637,0007,895,0007,657,0006,850,0007,354,0005,074,0004,336,000
Number Of Employees2122001881721861801821801621721601501569284
EBITDA*3,667,0005,071,0004,191,000789,0002,179,0004,161,0004,105,0003,184,0003,291,0001,931,0002,542,0001,933,0001,794,0001,122,0001,571,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets3,000,0003,168,0003,462,0003,757,0004,980,0005,172,0005,432,0003,142,0002,472,0002,353,0002,387,0002,436,0002,395,000397,000491,000
Intangible Assets494,000741,0001,445,0001,682,0001,655,0001,859,0002,206,0002,872,0003,328,0001,074,000902,0001,017,0001,132,000425,000448,000
Investments & Other3,329,0003,329,0003,329,0003,329,0003,329,0003,329,0002,881,0002,458,0002,458,00078,00078,00078,00078,00019,00019,000
Debtors (Due After 1 year)21,00034,00045,00098,000832,0002,170,0002,707,0003,479,0003,424,000994,0001,274,0001,982,0002,167,0002,650,0003,176,000
Total Fixed Assets6,844,0007,272,0008,281,0008,866,00010,796,00012,530,00013,226,00011,951,00011,682,0004,499,0004,641,0005,513,0005,772,0003,491,0004,134,000
Stock & work in progress2,969,0002,344,0001,837,0002,034,0001,650,0001,659,0001,910,0001,414,000956,0001,443,0001,781,0001,300,0001,551,0001,673,0001,270,000
Trade Debtors200,000190,0009,349,0008,951,0009,861,00011,032,00012,662,00010,814,0008,655,00020,618,00011,758,00013,184,00014,731,00010,904,0006,916,000
Group Debtors6,459,0007,604,0003,396,0001,451,0003,741,0005,254,0004,303,0007,296,0003,592,00003,094,0002,609,0002,952,0002,518,0001,599,000
Misc Debtors8,499,0005,946,0001,802,0001,270,0002,188,000546,000624,00002,036,00003,274,0004,150,0003,644,0002,557,0002,688,000
Cash23,176,00019,844,00011,971,00013,101,0009,552,0006,942,0002,621,0003,601,0001,790,0003,266,0001,236,00000820,0004,062,000
misc current assets015,0000000000000000
total current assets41,303,00035,943,00028,355,00026,807,00026,992,00025,433,00022,120,00023,125,00017,029,00025,327,00021,143,00021,243,00022,878,00018,472,00016,535,000
total assets48,147,00043,215,00036,636,00035,673,00037,788,00037,963,00035,346,00035,076,00028,711,00029,826,00025,784,00026,756,00028,650,00021,963,00020,669,000
Bank overdraft00000000000588,000437,00000
Bank loan000000000000000
Trade Creditors 19,131,00013,430,00012,761,00014,741,00010,738,00017,290,00014,637,00012,983,0009,129,0009,992,0009,237,00010,958,00011,729,00012,003,0008,919,000
Group/Directors Accounts9,926,00011,425,0008,868,0007,426,00013,525,0007,462,0009,003,00013,277,00011,032,00010,320,0008,807,0006,277,0007,523,0003,027,0003,787,000
other short term finances000000000000000
hp & lease commitments0000000000000066,000
other current liabilities5,170,0006,148,0005,433,0005,810,0003,357,0003,976,0003,109,0001,456,0002,659,0003,312,0002,919,0002,862,0003,601,0002,228,0002,712,000
total current liabilities34,227,00031,003,00027,062,00027,977,00027,620,00028,728,00026,749,00027,716,00022,820,00023,624,00020,963,00020,685,00023,290,00017,258,00015,484,000
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities613,000573,000559,000541,0002,241,0001,808,0002,134,0002,453,0002,415,000000000
provisions198,00066,000124,000050,0000000044,00019,00034,0004,00017,000
total long term liabilities811,000639,000683,000541,0002,291,0001,808,0002,134,0002,453,0002,415,000044,00019,00034,0004,00017,000
total liabilities35,038,00031,642,00027,745,00028,518,00029,911,00030,536,00028,883,00030,169,00025,235,00023,624,00021,007,00020,704,00023,324,00017,262,00015,501,000
net assets13,109,00011,573,0008,891,0007,155,0007,877,0007,427,0006,463,0004,907,0003,476,0006,202,0004,777,0006,052,0005,326,0004,701,0005,168,000
total shareholders funds13,109,00011,573,0008,891,0007,155,0007,877,0007,427,0006,463,0004,907,0003,476,0006,202,0004,777,0006,052,0005,326,0004,701,0005,168,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit3,108,0004,512,0003,600,000170,0002,179,0003,302,0003,025,0002,306,0002,690,0001,454,0002,123,0001,455,0001,384,000954,0001,391,000
Depreciation312,000309,000339,000359,0000500,000400,000387,000361,000362,000304,000363,000295,000145,000156,000
Amortisation247,000250,000252,000260,0000359,000680,000491,000240,000115,000115,000115,000115,00023,00024,000
Tax-876,000-929,000-909,000-29,000-341,000-980,000-776,000-263,000-389,00034,000-347,00016,000-284,000-2,000-484,000
Stock625,000507,000-197,000384,000-9,000-251,000496,000458,000-487,000-338,000481,000-251,000-122,000403,0001,270,000
Debtors1,405,000-818,0002,822,000-4,852,000-2,380,000-1,294,000-1,293,0003,882,000-3,905,0002,212,000-2,525,000-1,569,0004,865,0004,250,00014,379,000
Creditors5,701,000669,000-1,980,0004,003,000-6,552,0002,653,0001,654,0003,854,000-863,000755,000-1,721,000-771,000-274,0003,084,0008,919,000
Accruals and Deferred Income-978,000715,000-377,0002,453,000-619,000867,0001,653,000-1,203,000-653,000393,00057,000-739,0001,373,000-484,0002,712,000
Deferred Taxes & Provisions132,000-58,000124,000-50,00050,0000000-44,00025,000-15,00030,000-13,00017,000
Cash flow from operations5,616,0005,779,000-1,576,00011,634,000-2,894,0008,246,0007,433,0001,232,0005,778,0001,195,0002,600,0002,244,000-2,104,000-946,000-2,914,000
Investing Activities
capital expenditure-144,000439,000-59,000577,000396,000-252,000-2,704,000-1,092,000-2,974,000-615,000-255,000-404,000-3,115,000-51,000-1,119,000
Change in Investments00000448,000423,00002,380,00000059,000019,000
cash flow from investments-144,000439,000-59,000577,000396,000-700,000-3,127,000-1,092,000-5,354,000-615,000-255,000-404,000-3,174,000-51,000-1,138,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-1,499,0002,557,0001,442,000-6,099,0006,063,000-1,541,000-4,274,0002,245,000712,0001,513,0002,530,000-1,246,0004,496,000-760,0003,787,000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments0000000000000-66,00066,000
other long term liabilities40,00014,00018,000-1,700,000433,000-326,000-319,00038,0002,415,000000000
share issue3,00032,000127,000-148,00018,000-9,000-5,000-51,00051,000000005,484,000
interest401,000167,00018,00085,000-606,00013,00014,000-93,000-78,000-217,000-51,000-95,000-75,00081,00027,000
cash flow from financing-1,055,0002,770,0001,605,000-7,862,0005,908,000-1,863,000-4,584,0002,139,0003,100,0001,296,0002,479,000-1,341,0004,421,000-745,0009,364,000
cash and cash equivalents
cash3,332,0007,873,000-1,130,0003,549,0002,610,0004,321,000-980,0001,811,000-1,476,0002,030,0001,236,0000-820,000-3,242,0004,062,000
overdraft0000000000-588,000151,000437,00000
change in cash3,332,0007,873,000-1,130,0003,549,0002,610,0004,321,000-980,0001,811,000-1,476,0002,030,0001,824,000-151,000-1,257,000-3,242,0004,062,000

dole uk limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Dole Uk Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for dole uk limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mega companies, companies in PE11 area or any other competitors across 12 key performance metrics.

dole uk limited Ownership

DOLE UK LIMITED group structure

Dole Uk Limited has 3 subsidiary companies.

Ultimate parent company

CEDE & CO

#0149427

2 parents

DOLE UK LIMITED

02208873

3 subsidiaries

DOLE UK LIMITED Shareholders

saybest limited 100%

dole uk limited directors

Dole Uk Limited currently has 3 directors. The longest serving directors include Mr Mark Owen (Nov 2013) and Francis Mc Kernan (Mar 2015).

officercountryagestartendrole
Mr Mark OwenEngland59 years Nov 2013- Director
Francis Mc KernanNorthern Ireland62 years Mar 2015- Director
Mr Leon Dixon43 years May 2021- Director

P&L

December 2023

turnover

187.2m

+13%

operating profit

3.1m

-31%

gross margin

10.4%

+5.43%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

13.1m

+0.13%

total assets

48.1m

+0.11%

cash

23.2m

+0.17%

net assets

Total assets minus all liabilities

dole uk limited company details

company number

02208873

Type

Private limited with Share Capital

industry

46310 - Wholesale of fruit and vegetables

incorporation date

December 1987

age

37

incorporated

UK

ultimate parent company

CEDE & CO

accounts

Full Accounts

last accounts submitted

December 2023

previous names

total worldfresh limited (November 2022)

redbridge worldfresh limited (February 2010)

See more

accountant

-

auditor

KPMG LLP

address

total produce enterprise way, pinchbeck, spalding, lincolnshire, PE11 3YR

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

dole uk 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 6 charges/mortgages relating to dole uk limited. Currently there are 1 open charges and 5 have been satisfied in the past.

charges

dole uk limited Companies House Filings - See Documents

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