freiberger (uk) limited
freiberger (uk) limited Company Information
Company Number
02400918
Website
http://freiberger.deRegistered Address
broadgate house, westlode street, spalding, lincolnshire, PE11 2AF
Industry
Wholesale of other food, including fish, crustaceans and molluscs
Telephone
01775767655
Next Accounts Due
November 2025
Group Structure
View All
Shareholders
freiberger lebensmittel gmbh 100%
freiberger (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of FREIBERGER (UK) LIMITED at £114.8m based on a Turnover of £187.5m and 0.61x industry multiple (adjusted for size and gross margin).
freiberger (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of FREIBERGER (UK) LIMITED at £37.2m based on an EBITDA of £6.8m and a 5.5x industry multiple (adjusted for size and gross margin).
freiberger (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of FREIBERGER (UK) LIMITED at £11.4m based on Net Assets of £11.5m and 0.99x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Freiberger (uk) Limited Overview
Freiberger (uk) Limited is a live company located in spalding, PE11 2AF with a Companies House number of 02400918. It operates in the wholesale of other food, including fish, crustaceans and molluscs sector, SIC Code 46380. Founded in July 1989, it's largest shareholder is freiberger lebensmittel gmbh with a 100% stake. Freiberger (uk) Limited is a mature, mega sized company, Pomanda has estimated its turnover at £187.5m with healthy growth in recent years.
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Freiberger (uk) Limited Health Check
Pomanda's financial health check has awarded Freiberger (Uk) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
6 Weak
Size
annual sales of £187.5m, make it larger than the average company (£29.3m)
£187.5m - Freiberger (uk) Limited
£29.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (10.9%)
11% - Freiberger (uk) Limited
10.9% - Industry AVG
Production
with a gross margin of 4.7%, this company has a higher cost of product (11.2%)
4.7% - Freiberger (uk) Limited
11.2% - Industry AVG
Profitability
an operating margin of 3.6% make it as profitable than the average company (3.1%)
3.6% - Freiberger (uk) Limited
3.1% - Industry AVG
Employees
with 12 employees, this is below the industry average (37)
12 - Freiberger (uk) Limited
37 - Industry AVG
Pay Structure
on an average salary of £77.9k, the company has a higher pay structure (£37.1k)
£77.9k - Freiberger (uk) Limited
£37.1k - Industry AVG
Efficiency
resulting in sales per employee of £15.6m, this is more efficient (£529.4k)
£15.6m - Freiberger (uk) Limited
£529.4k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is near the average (41 days)
35 days - Freiberger (uk) Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (27 days)
0 days - Freiberger (uk) Limited
27 days - Industry AVG
Stock Days
it holds stock equivalent to 38 days, this is less than average (48 days)
38 days - Freiberger (uk) Limited
48 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (7 weeks)
1 weeks - Freiberger (uk) Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.4%, this is a higher level of debt than the average (58.4%)
70.4% - Freiberger (uk) Limited
58.4% - Industry AVG
FREIBERGER (UK) LIMITED financials
Freiberger (Uk) Limited's latest turnover from February 2024 is £187.5 million and the company has net assets of £11.5 million. According to their latest financial statements, Freiberger (Uk) Limited has 12 employees and maintains cash reserves of £1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 187,475,980 | 155,375,171 | 123,510,209 | 137,724,164 | 125,137,577 | 117,411,551 | 97,886,177 | 87,456,948 | 79,568,554 | 80,748,418 | 75,690,418 | 67,769,062 | 77,991,587 | 57,514,106 | 44,873,313 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 178,640,896 | 148,249,009 | 117,312,113 | 122,976,641 | 118,621,762 | 108,215,552 | 93,154,470 | 78,601,106 | 73,615,599 | 78,476,810 | 72,292,980 | 66,010,209 | 75,413,481 | 55,329,512 | 42,269,412 |
| Gross Profit | 8,835,084 | 7,126,162 | 6,198,096 | 14,747,523 | 6,515,815 | 9,195,999 | 4,731,707 | 8,855,842 | 5,952,955 | 2,271,608 | 3,397,438 | 1,758,853 | 2,578,106 | 2,184,594 | 2,603,901 |
| Admin Expenses | 2,140,906 | 1,933,164 | 1,709,627 | 1,417,150 | 1,484,585 | 1,293,922 | 1,226,822 | 1,284,114 | 1,650,603 | 1,697,870 | 1,336,491 | 1,350,780 | 1,338,517 | 1,182,140 | 468,728 |
| Operating Profit | 6,694,178 | 5,192,998 | 4,488,469 | 13,330,373 | 5,031,230 | 7,902,077 | 3,504,885 | 7,571,728 | 4,302,352 | 573,738 | 2,060,947 | 408,073 | 1,239,589 | 1,002,454 | 2,135,173 |
| Interest Payable | 0 | 0 | 276,992 | 0 | 358,399 | 54,361 | 2,791 | 25,262 | 330,619 | 459,307 | 241,389 | 217,527 | 307,131 | 409,591 | 509,775 |
| Interest Receivable | 1,975,753 | 727,622 | 109,876 | 356,129 | 0 | 2,731 | 19,755 | 1,589 | 726 | 322 | 455 | 3,224 | 12 | 0 | 0 |
| Pre-Tax Profit | 8,669,931 | 5,920,620 | 4,321,353 | 13,686,502 | 4,672,831 | 7,850,447 | 3,521,849 | 7,548,055 | 3,972,459 | 114,753 | 1,820,013 | 193,770 | 932,470 | 592,863 | 1,625,398 |
| Tax | -2,123,014 | -1,126,224 | -820,652 | -2,600,754 | -889,883 | -1,493,867 | -675,379 | -1,515,823 | -798,336 | 9,193 | -510,791 | -39,957 | -260,769 | -156,673 | -463,775 |
| Profit After Tax | 6,546,917 | 4,794,396 | 3,500,701 | 11,085,748 | 3,782,948 | 6,356,580 | 2,846,470 | 6,032,232 | 3,174,123 | 123,946 | 1,309,222 | 153,813 | 671,701 | 436,190 | 1,161,623 |
| Dividends Paid | 0 | 3,500,000 | 10,842,000 | 4,026,000 | 6,356,000 | 2,846,000 | 6,032,000 | 3,174,000 | 123,000 | 0 | 1,300,000 | 153,000 | 671,000 | 436,000 | 1,160,000 |
| Retained Profit | 6,546,917 | 1,294,396 | -7,341,299 | 7,059,748 | -2,573,052 | 3,510,580 | -3,185,530 | 2,858,232 | 3,051,123 | 123,946 | 9,222 | 813 | 701 | 190 | 1,623 |
| Employee Costs | 934,773 | 1,111,550 | 1,013,751 | 931,129 | 900,157 | 833,194 | 812,720 | 951,260 | 956,083 | 881,723 | 853,722 | 850,583 | 774,467 | 719,122 | 681,201 |
| Number Of Employees | 12 | 11 | 12 | 9 | 12 | 12 | 14 | 14 | 13 | 12 | 10 | 11 | 12 | 10 | 9 |
| EBITDA* | 6,764,231 | 5,261,686 | 4,560,692 | 13,380,165 | 5,072,301 | 7,942,242 | 3,539,163 | 7,612,939 | 4,329,132 | 605,853 | 2,060,947 | 420,253 | 1,250,691 | 1,016,735 | 2,140,339 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 105,733 | 114,324 | 183,012 | 235,842 | 120,647 | 120,733 | 95,369 | 97,364 | 67,300 | 87,855 | 15,487 | 23,677 | 31,909 | 36,411 | 6,336 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 8,589 | 7,198 | 3,814 | 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 | 105,733 | 114,324 | 183,012 | 235,842 | 120,647 | 129,322 | 102,567 | 101,178 | 67,300 | 87,855 | 15,487 | 23,677 | 31,909 | 36,411 | 6,336 |
| Stock & work in progress | 18,652,884 | 14,308,343 | 8,199,193 | 7,533,831 | 7,927,747 | 9,913,013 | 6,281,622 | 5,732,258 | 4,370,754 | 5,219,452 | 4,495,654 | 3,016,384 | 3,274,824 | 3,385,808 | 3,167,536 |
| Trade Debtors | 18,294,068 | 18,235,007 | 15,210,839 | 12,892,601 | 16,751,112 | 16,193,680 | 14,793,941 | 11,778,594 | 10,887,405 | 10,059,221 | 11,092,769 | 10,041,937 | 11,495,146 | 10,022,603 | 5,910,946 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 367 | 0 |
| Misc Debtors | 595,331 | 581,150 | 249,817 | 141,816 | 240,761 | 257,901 | 266,557 | 759,498 | 598,060 | 262,172 | 487,373 | 1,006,196 | 872,785 | 523,582 | 122,522 |
| Cash | 1,022,406 | 2,086,247 | 690,478 | 485,536 | 1,331,111 | 585,807 | 2,019,510 | 1,604,659 | 2,860,091 | 1,516,721 | 2,161,537 | 1,538,802 | 973,657 | 697,380 | 434,597 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 38,564,689 | 35,210,747 | 24,350,327 | 21,053,784 | 26,250,731 | 26,950,401 | 23,361,630 | 19,875,009 | 18,716,310 | 17,057,566 | 18,237,333 | 15,603,319 | 16,616,412 | 14,629,740 | 9,635,601 |
| total assets | 38,670,422 | 35,325,071 | 24,533,339 | 21,289,626 | 26,371,378 | 27,079,723 | 23,464,197 | 19,976,187 | 18,783,610 | 17,145,421 | 18,252,820 | 15,626,996 | 16,648,321 | 14,666,151 | 9,641,937 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 356,489 | 473,905 | 144,881 | 425,749 | 274,622 | 486,463 | 252,422 | 471,461 | 506,603 | 416,304 | 287,125 | 229,136 | 143,126 | 157,114 | 210,338 |
| Group/Directors Accounts | 24,791,447 | 28,777,443 | 19,234,121 | 8,172,356 | 21,326,347 | 18,442,910 | 18,525,753 | 12,108,355 | 13,801,413 | 16,086,036 | 17,678,548 | 12,934,087 | 15,232,094 | 13,009,848 | 8,557,890 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,046,987 | 1,146,886 | 1,510,301 | 1,694,020 | 859,430 | 1,671,114 | 1,717,366 | 1,242,185 | 1,179,080 | 394,585 | 163,449 | 235,268 | 538,864 | 422,837 | 763,750 |
| total current liabilities | 27,194,923 | 30,398,234 | 20,889,303 | 10,292,125 | 22,460,399 | 20,600,487 | 20,495,541 | 13,822,001 | 15,487,096 | 16,896,925 | 18,129,122 | 13,398,491 | 15,914,084 | 13,589,799 | 9,531,978 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 9,553 | 7,809 | 19,404 | 31,570 | 4,796 | 0 | 0 | 0 | 560 | 3,665 | 2,813 | 2,116,842 | 623,387 | 966,203 | 0 |
| total long term liabilities | 9,553 | 7,809 | 19,404 | 31,570 | 4,796 | 0 | 0 | 0 | 560 | 3,665 | 2,813 | 2,116,842 | 623,387 | 966,203 | 0 |
| total liabilities | 27,204,476 | 30,406,043 | 20,908,707 | 10,323,695 | 22,465,195 | 20,600,487 | 20,495,541 | 13,822,001 | 15,487,656 | 16,900,590 | 18,131,935 | 15,515,333 | 16,537,471 | 14,556,002 | 9,531,978 |
| net assets | 11,465,946 | 4,919,028 | 3,624,632 | 10,965,931 | 3,906,183 | 6,479,236 | 2,968,656 | 6,154,186 | 3,295,954 | 244,831 | 120,885 | 111,663 | 110,850 | 110,149 | 109,959 |
| total shareholders funds | 11,465,946 | 4,919,028 | 3,624,632 | 10,965,931 | 3,906,183 | 6,479,236 | 2,968,656 | 6,154,186 | 3,295,954 | 244,831 | 120,885 | 111,663 | 110,850 | 110,149 | 109,959 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 6,694,178 | 5,192,998 | 4,488,469 | 13,330,373 | 5,031,230 | 7,902,077 | 3,504,885 | 7,571,728 | 4,302,352 | 573,738 | 2,060,947 | 408,073 | 1,239,589 | 1,002,454 | 2,135,173 |
| Depreciation | 70,053 | 68,688 | 72,223 | 49,792 | 41,071 | 40,165 | 34,278 | 41,211 | 26,780 | 32,115 | 12,180 | 11,102 | 14,281 | 5,166 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -2,123,014 | -1,126,224 | -820,652 | -2,600,754 | -889,883 | -1,493,867 | -675,379 | -1,515,823 | -798,336 | 9,193 | -510,791 | -39,957 | -260,769 | -156,673 | -463,775 |
| Stock | 4,344,541 | 6,109,150 | 665,362 | -393,916 | -1,985,266 | 3,631,391 | 549,364 | 1,361,504 | -848,698 | 723,798 | 1,479,270 | -258,440 | -110,984 | 218,272 | 3,167,536 |
| Debtors | 73,242 | 3,355,501 | 2,426,239 | -3,957,456 | 540,292 | 1,391,083 | 2,522,406 | 1,052,627 | 1,164,072 | -1,258,749 | 532,009 | -1,319,798 | 1,821,379 | 4,513,084 | 6,033,468 |
| Creditors | -117,416 | 329,024 | -280,868 | 151,127 | -211,841 | 234,041 | -219,039 | -35,142 | 90,299 | 129,179 | 57,989 | 86,010 | -13,988 | -53,224 | 210,338 |
| Accruals and Deferred Income | 900,101 | -363,415 | -183,719 | 834,590 | -811,684 | -46,252 | 475,181 | 63,105 | 784,495 | 231,136 | -71,819 | -303,596 | 116,027 | -340,913 | 763,750 |
| Deferred Taxes & Provisions | 1,744 | -11,595 | -12,166 | 26,774 | 4,796 | 0 | 0 | -560 | -3,105 | 852 | -2,114,029 | 1,493,455 | -342,816 | 966,203 | 0 |
| Cash flow from operations | 1,007,863 | -5,375,175 | 171,686 | 16,143,274 | 4,608,663 | 1,613,690 | 48,156 | 3,710,388 | 4,087,111 | 1,511,164 | 3,234,403 | -961,250 | -3,299,228 | -6,550,352 | |
| Investing Activities | |||||||||||||||
| capital expenditure | -6,225 | -104,483 | -1,397 | -3,948 | -6,600 | -44,356 | 0 | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | -8,589 | 1,391 | 3,384 | 3,814 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -6,225 | -104,483 | -1,397 | -3,948 | -6,600 | -44,356 | 0 | ||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -3,985,996 | 9,543,322 | 11,061,765 | -13,153,991 | 2,883,437 | -82,843 | 6,417,398 | -1,693,058 | -2,284,623 | -1,592,512 | 4,744,461 | -2,298,007 | 2,222,246 | 4,451,958 | 8,557,890 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 1,975,753 | 727,622 | -167,116 | 356,129 | -358,399 | -51,630 | 16,964 | -23,673 | -329,893 | -458,985 | -240,934 | -214,303 | -307,119 | -409,591 | -509,775 |
| cash flow from financing | -2,010,242 | 10,270,944 | 10,894,649 | -12,797,862 | 2,525,037 | -134,473 | 6,434,362 | -1,716,731 | -2,614,516 | -2,051,497 | 4,503,527 | -2,512,310 | 1,915,127 | 4,042,367 | 8,156,451 |
| cash and cash equivalents | |||||||||||||||
| cash | -1,063,841 | 1,395,769 | 204,942 | -845,575 | 745,304 | -1,433,703 | 414,851 | -1,255,432 | 1,343,370 | -644,816 | 622,735 | 565,145 | 276,277 | 262,783 | 434,597 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,063,841 | 1,395,769 | 204,942 | -845,575 | 745,304 | -1,433,703 | 414,851 | -1,255,432 | 1,343,370 | -644,816 | 622,735 | 565,145 | 276,277 | 262,783 | 434,597 |
freiberger (uk) limited Credit Report and Business Information
Freiberger (uk) Limited Competitor Analysis
Perform a competitor analysis for freiberger (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.
freiberger (uk) limited Ownership
FREIBERGER (UK) LIMITED group structure
Freiberger (Uk) Limited has no subsidiary companies.
Ultimate parent company
FREIBERGER LEBENSMITTEL GMBH
#0029529
1 parent
FREIBERGER (UK) LIMITED
02400918
freiberger (uk) limited directors
Freiberger (Uk) Limited currently has 3 directors. The longest serving directors include Mr Andrew Thorne (Jan 2003) and Mr Uwe Berndt (Mar 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Thorne | 59 years | Jan 2003 | - | Director | |
| Mr Uwe Berndt | 54 years | Mar 2021 | - | Director | |
| Mr Adam Vockins | 41 years | Nov 2023 | - | Director |
P&L
February 2024turnover
187.5m
+21%
operating profit
6.7m
+29%
gross margin
4.8%
+2.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
11.5m
+1.33%
total assets
38.7m
+0.09%
cash
1m
-0.51%
net assets
Total assets minus all liabilities
Similar Companies
freiberger (uk) limited company details
company number
02400918
Type
Private limited with Share Capital
industry
46380 - Wholesale of other food, including fish, crustaceans and molluscs
incorporation date
July 1989
age
35
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
freiburger (uk) limited (May 1994)
polar frozen foods limited (May 1994)
See morelast accounts submitted
February 2024
address
broadgate house, westlode street, spalding, lincolnshire, PE11 2AF
accountant
-
auditor
CANNON WILLIAMS
freiberger (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 did not find charges/mortgages relating to freiberger (uk) limited.
freiberger (uk) limited Companies House Filings - See Documents
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