snax 24 limited
snax 24 limited Company Information
Company Number
02787265
Next Accounts
Jun 2025
Industry
Other business support service activities n.e.c.
Shareholders
rontec properties (jersey) limited
Group Structure
View All
Contact
Registered Address
acre house 11-15 william road, london, NW1 3ER
Website
http://rontec.comsnax 24 limited Estimated Valuation
Pomanda estimates the enterprise value of SNAX 24 LIMITED at £3.9m based on a Turnover of £3.7m and 1.04x industry multiple (adjusted for size and gross margin).
snax 24 limited Estimated Valuation
Pomanda estimates the enterprise value of SNAX 24 LIMITED at £15.5m based on an EBITDA of £2m and a 7.68x industry multiple (adjusted for size and gross margin).
snax 24 limited Estimated Valuation
Pomanda estimates the enterprise value of SNAX 24 LIMITED at £99.3m based on Net Assets of £42.3m and 2.35x industry multiple (adjusted for liquidity).
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Snax 24 Limited Overview
Snax 24 Limited is a live company located in london, NW1 3ER with a Companies House number of 02787265. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in February 1993, it's largest shareholder is rontec properties (jersey) limited with a 100% stake. Snax 24 Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.7m with healthy growth in recent years.
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Snax 24 Limited Health Check
Pomanda's financial health check has awarded Snax 24 Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 1 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
1 Weak
Size
annual sales of £3.7m, make it in line with the average company (£3.6m)
£3.7m - Snax 24 Limited
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (5.2%)
13% - Snax 24 Limited
5.2% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (38.1%)
100% - Snax 24 Limited
38.1% - Industry AVG
Profitability
an operating margin of 54.1% make it more profitable than the average company (6.1%)
54.1% - Snax 24 Limited
6.1% - Industry AVG
Employees
with 25 employees, this is similar to the industry average (23)
- Snax 24 Limited
23 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Snax 24 Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £149k, this is equally as efficient (£151.6k)
- Snax 24 Limited
£151.6k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (40 days)
16 days - Snax 24 Limited
40 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Snax 24 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Snax 24 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is less cash available to meet short term requirements (24 weeks)
13 weeks - Snax 24 Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48%, this is a lower level of debt than the average (61.3%)
48% - Snax 24 Limited
61.3% - Industry AVG
SNAX 24 LIMITED financials
Snax 24 Limited's latest turnover from September 2023 is £3.7 million and the company has net assets of £42.3 million. According to their latest financial statements, we estimate that Snax 24 Limited has 25 employees and maintains cash reserves of £7.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,724,000 | 3,730,000 | 2,726,000 | 2,575,000 | 2,700,000 | 1,979,000 | 4,088,000 | 4,015,000 | 197,661,000 | 226,180,000 | 235,672,000 | 235,794,000 | 223,262,000 | 224,347,000 | 197,255,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 184,603,000 | 213,734,000 | 223,150,000 | 222,839,000 | 209,761,000 | 208,242,000 | 180,319,000 |
| Gross Profit | 3,724,000 | 3,730,000 | 2,726,000 | 2,575,000 | 2,700,000 | 1,979,000 | 4,088,000 | 4,015,000 | 13,058,000 | 12,446,000 | 12,522,000 | 12,955,000 | 13,501,000 | 16,105,000 | 16,936,000 |
| Admin Expenses | 1,709,000 | -11,513,000 | -251,000 | 3,285,000 | 733,000 | 597,000 | 5,650,000 | -1,662,000 | 11,970,000 | 11,294,000 | 11,719,000 | 12,558,000 | 12,422,000 | 15,573,000 | 15,775,000 |
| Operating Profit | 2,015,000 | 15,243,000 | 2,977,000 | -710,000 | 1,967,000 | 1,382,000 | -1,562,000 | 5,677,000 | 1,088,000 | 1,152,000 | 803,000 | 397,000 | 1,079,000 | 532,000 | 1,161,000 |
| Interest Payable | 0 | 0 | 0 | 2,000 | 3,000 | 0 | 0 | 118,000 | 255,000 | 191,000 | 212,000 | 196,000 | 153,000 | 226,000 | 286,000 |
| Interest Receivable | 10,000 | 351,000 | 426,000 | 304,000 | 239,000 | 100,000 | 219,000 | 313,000 | 86,000 | 19,000 | 0 | 5,000 | 152,000 | 186,000 | 1,013,000 |
| Pre-Tax Profit | 2,025,000 | 15,594,000 | 3,403,000 | -413,000 | 2,192,000 | 1,771,000 | -1,447,000 | 5,824,000 | 918,000 | 995,000 | 589,000 | 194,000 | 1,062,000 | 508,000 | 1,881,000 |
| Tax | -494,000 | -2,972,000 | -2,042,000 | -449,000 | -487,000 | -224,000 | 486,000 | -951,000 | -313,000 | -205,000 | -94,000 | -73,000 | 51,000 | -167,000 | -604,000 |
| Profit After Tax | 1,531,000 | 12,622,000 | 1,361,000 | -862,000 | 1,705,000 | 1,547,000 | -961,000 | 4,873,000 | 605,000 | 790,000 | 495,000 | 121,000 | 1,113,000 | 341,000 | 1,277,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 34,900,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 1,531,000 | 12,622,000 | 1,361,000 | -862,000 | 1,705,000 | 1,547,000 | -961,000 | 4,873,000 | -34,295,000 | 790,000 | 495,000 | 121,000 | 1,113,000 | 341,000 | 1,277,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 229,000 | 281,000 | 513,000 | 513,000 | 1,764,000 | 2,627,000 | 3,142,000 |
| Number Of Employees | 24 | 39 | 187 | 247 | 282 | ||||||||||
| EBITDA* | 2,015,000 | 15,243,000 | 2,977,000 | -710,000 | 1,967,000 | 1,382,000 | -1,562,000 | 6,566,000 | 1,977,000 | 1,688,000 | 1,324,000 | 1,012,000 | 1,738,000 | 1,298,000 | 2,015,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22,716,000 | 9,708,000 | 9,550,000 | 8,893,000 | 9,726,000 | 8,085,000 | 8,295,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 65,564,000 | 64,656,000 | 28,243,000 | 24,771,000 | 25,746,000 | 23,924,000 | 22,309,000 | 28,035,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 48,621,000 | 39,564,000 | 36,402,000 | 29,149,000 |
| Total Fixed Assets | 65,564,000 | 64,656,000 | 28,243,000 | 24,771,000 | 25,746,000 | 23,924,000 | 22,309,000 | 28,035,000 | 22,716,000 | 9,708,000 | 9,550,000 | 57,514,000 | 49,290,000 | 44,487,000 | 37,444,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,399,000 | 2,401,000 | 2,801,000 | 2,477,000 | 2,827,000 | 2,299,000 | 2,405,000 |
| Trade Debtors | 169,000 | 6,000 | 5,000 | 6,000 | 0 | 21,000 | 17,000 | 0 | 1,687,000 | 2,237,000 | 3,013,000 | 2,756,000 | 3,631,000 | 2,437,000 | 2,769,000 |
| Group Debtors | 5,838,000 | 6,302,000 | 27,018,000 | 24,307,000 | 15,271,000 | 8,033,000 | 13,579,000 | 13,091,000 | 13,377,000 | 49,177,000 | 50,208,000 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,091,000 | 2,033,000 | 2,058,000 | 1,316,000 | 1,011,000 | 698,000 | 1,184,000 | 1,317,000 | 1,497,000 | 1,368,000 | 1,565,000 | 1,163,000 | 1,240,000 | 1,104,000 | 1,087,000 |
| Cash | 7,636,000 | 224,000 | 172,000 | 3,917,000 | 972,000 | 6,735,000 | 4,430,000 | 96,000 | 2,105,000 | 3,406,000 | 2,969,000 | 3,504,000 | 7,354,000 | 15,191,000 | 24,916,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 15,734,000 | 8,565,000 | 29,253,000 | 29,546,000 | 17,254,000 | 15,487,000 | 19,210,000 | 14,504,000 | 21,065,000 | 58,589,000 | 60,556,000 | 9,900,000 | 15,052,000 | 21,031,000 | 31,177,000 |
| total assets | 81,298,000 | 73,221,000 | 57,496,000 | 54,317,000 | 43,000,000 | 39,411,000 | 41,519,000 | 42,539,000 | 43,781,000 | 68,297,000 | 70,106,000 | 67,414,000 | 64,342,000 | 65,518,000 | 68,621,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24,000 | 1,759,000 | 2,215,000 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 219,000 | 74,000 | 87,000 | 84,000 | 65,000 | 126,000 | 262,000 | 32,000 | 6,591,000 | 10,579,000 | 11,558,000 | 12,768,000 | 11,643,000 | 10,495,000 | 13,800,000 |
| Group/Directors Accounts | 29,450,000 | 23,582,000 | 23,216,000 | 23,418,000 | 11,556,000 | 10,014,000 | 13,457,000 | 11,841,000 | 4,642,000 | 3,760,000 | 4,026,000 | 1,702,000 | 1,237,000 | 1,365,000 | 1,206,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,854,000 | 3,833,000 | 160,000 | 219,000 | 243,000 | 173,000 | 173,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 411,000 | 149,000 | 154,000 | 184,000 | 190,000 | 126,000 | 394,000 | 1,503,000 | 3,068,000 | 1,543,000 | 800,000 | 845,000 | 1,102,000 | 5,473,000 | 5,572,000 |
| total current liabilities | 30,080,000 | 23,805,000 | 23,457,000 | 23,686,000 | 11,811,000 | 10,266,000 | 14,113,000 | 13,376,000 | 19,155,000 | 19,739,000 | 18,303,000 | 17,749,000 | 14,225,000 | 17,506,000 | 20,751,000 |
| 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 | 625,000 | 1,811,000 | 5,636,000 | 4,898,000 | 5,929,000 | 4,790,000 | 4,944,000 |
| provisions | 8,952,000 | 8,681,000 | 5,926,000 | 3,879,000 | 3,575,000 | 3,236,000 | 3,044,000 | 3,840,000 | 3,551,000 | 0 | 0 | 0 | 125,000 | 272,000 | 317,000 |
| total long term liabilities | 8,952,000 | 8,681,000 | 5,926,000 | 3,879,000 | 3,575,000 | 3,236,000 | 3,044,000 | 3,840,000 | 4,176,000 | 3,510,000 | 6,951,000 | 4,898,000 | 6,054,000 | 5,062,000 | 5,261,000 |
| total liabilities | 39,032,000 | 32,486,000 | 29,383,000 | 27,565,000 | 15,386,000 | 13,502,000 | 17,157,000 | 17,216,000 | 23,331,000 | 23,249,000 | 25,254,000 | 22,647,000 | 20,279,000 | 22,568,000 | 26,012,000 |
| net assets | 42,266,000 | 40,735,000 | 28,113,000 | 26,752,000 | 27,614,000 | 25,909,000 | 24,362,000 | 25,323,000 | 20,450,000 | 45,048,000 | 44,852,000 | 44,767,000 | 44,063,000 | 42,950,000 | 42,609,000 |
| total shareholders funds | 42,266,000 | 40,735,000 | 28,113,000 | 26,752,000 | 27,614,000 | 25,909,000 | 24,362,000 | 25,323,000 | 20,450,000 | 45,048,000 | 44,852,000 | 44,767,000 | 44,063,000 | 42,950,000 | 42,609,000 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 2,015,000 | 15,243,000 | 2,977,000 | -710,000 | 1,967,000 | 1,382,000 | -1,562,000 | 5,677,000 | 1,088,000 | 1,152,000 | 803,000 | 397,000 | 1,079,000 | 532,000 | 1,161,000 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 889,000 | 889,000 | 536,000 | 521,000 | 615,000 | 659,000 | 766,000 | 854,000 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -494,000 | -2,972,000 | -2,042,000 | -449,000 | -487,000 | -224,000 | 486,000 | -951,000 | -313,000 | -205,000 | -94,000 | -73,000 | 51,000 | -167,000 | -604,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,399,000 | -2,000 | -400,000 | 324,000 | -350,000 | 528,000 | -106,000 | 2,405,000 |
| Debtors | -243,000 | -20,740,000 | 3,452,000 | 9,347,000 | 7,530,000 | -6,028,000 | 372,000 | -2,153,000 | -36,221,000 | -2,004,000 | 2,246,000 | 8,105,000 | 4,492,000 | 6,938,000 | 33,005,000 |
| Creditors | 145,000 | -13,000 | 3,000 | 19,000 | -61,000 | -136,000 | 230,000 | -6,559,000 | -3,988,000 | -979,000 | -1,210,000 | 1,125,000 | 1,148,000 | -3,305,000 | 13,800,000 |
| Accruals and Deferred Income | 262,000 | -5,000 | -30,000 | -6,000 | 64,000 | -268,000 | -1,109,000 | -1,565,000 | 1,525,000 | 743,000 | -45,000 | -257,000 | -4,371,000 | -99,000 | 5,572,000 |
| Deferred Taxes & Provisions | 271,000 | 2,755,000 | 2,047,000 | 304,000 | 339,000 | 192,000 | -796,000 | 289,000 | 3,551,000 | 0 | 0 | -125,000 | -147,000 | -45,000 | 317,000 |
| Cash flow from operations | 2,442,000 | 35,748,000 | -497,000 | -10,189,000 | -5,708,000 | 6,974,000 | 2,332,000 | 38,975,000 | 3,651,000 | -2,595,000 | -6,073,000 | -6,601,000 | -9,150,000 | -14,310,000 | |
| Investing Activities | |||||||||||||||
| capital expenditure | -680,000 | ||||||||||||||
| Change in Investments | 908,000 | 36,413,000 | 3,472,000 | -975,000 | 1,822,000 | 1,615,000 | -5,726,000 | 28,035,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -680,000 | ||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 5,868,000 | 366,000 | -202,000 | 11,862,000 | 1,542,000 | -3,443,000 | 1,616,000 | 7,199,000 | 882,000 | -266,000 | 2,324,000 | 465,000 | -128,000 | 159,000 | 1,206,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,854,000 | 1,021,000 | 3,673,000 | -59,000 | -24,000 | 70,000 | 0 | 173,000 |
| 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 | -625,000 | -1,186,000 | -3,825,000 | 738,000 | -1,031,000 | 1,139,000 | -154,000 | 4,944,000 |
| share issue | |||||||||||||||
| interest | 10,000 | 351,000 | 426,000 | 302,000 | 236,000 | 100,000 | 219,000 | 195,000 | -169,000 | -172,000 | -212,000 | -191,000 | -1,000 | -40,000 | 727,000 |
| cash flow from financing | 5,878,000 | 717,000 | 224,000 | 12,164,000 | 1,778,000 | -3,343,000 | 1,835,000 | 1,915,000 | 10,245,000 | -1,184,000 | 2,381,000 | -198,000 | 1,080,000 | -35,000 | 48,382,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 7,412,000 | 52,000 | -3,745,000 | 2,945,000 | -5,763,000 | 2,305,000 | 4,334,000 | -2,009,000 | -1,301,000 | 437,000 | -535,000 | -3,850,000 | -7,837,000 | -9,725,000 | 24,916,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -24,000 | -1,735,000 | -456,000 | 2,215,000 | 0 | 0 | 0 |
| change in cash | 7,412,000 | 52,000 | -3,745,000 | 2,945,000 | -5,763,000 | 2,305,000 | 4,334,000 | -2,009,000 | -1,277,000 | 2,172,000 | -79,000 | -6,065,000 | -7,837,000 | -9,725,000 | 24,916,000 |
snax 24 limited Credit Report and Business Information
Snax 24 Limited Competitor Analysis
Perform a competitor analysis for snax 24 limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in NW1 area or any other competitors across 12 key performance metrics.
snax 24 limited Ownership
SNAX 24 LIMITED group structure
Snax 24 Limited has no subsidiary companies.
Ultimate parent company
RONTEC PROPERTIES (JERSEY) LTD
#0092019
2 parents
SNAX 24 LIMITED
02787265
snax 24 limited directors
Snax 24 Limited currently has 3 directors. The longest serving directors include Mr Giles Taylor (Apr 2006) and Mr Thomas Cookson (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Giles Taylor | United Kingdom | 57 years | Apr 2006 | - | Director |
| Mr Thomas Cookson | United Kingdom | 59 years | Oct 2019 | - | Director |
| Mrs Tracy Moloney | United Kingdom | 42 years | Oct 2019 | - | Director |
P&L
September 2023turnover
3.7m
0%
operating profit
2m
-87%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
42.3m
+0.04%
total assets
81.3m
+0.11%
cash
7.6m
+33.09%
net assets
Total assets minus all liabilities
snax 24 limited company details
company number
02787265
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
February 1993
age
31
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
September 2023
previous names
mislex (46) limited (May 1993)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
acre house 11-15 william road, london, NW1 3ER
Bank
-
Legal Advisor
-
snax 24 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 50 charges/mortgages relating to snax 24 limited. Currently there are 0 open charges and 50 have been satisfied in the past.
snax 24 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 SNAX 24 LIMITED. This can take several minutes, an email will notify you when this has completed.
snax 24 limited Companies House Filings - See Documents
| date | description | view/download |
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