fruity fresh (western) limited

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fruity fresh (western) limited Company Information

Share FRUITY FRESH (WESTERN) LIMITED

Company Number

02848189

Directors

Ashok Chowdry

Shareholders

ashok chowdry

rashmi chowdry

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Group Structure

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Industry

Wholesale of fruit and vegetables

 

Registered Address

marlowes oxhey lane, pinner, HA5 4AL

fruity fresh (western) limited Estimated Valuation

£10.8m

Pomanda estimates the enterprise value of FRUITY FRESH (WESTERN) LIMITED at £10.8m based on a Turnover of £21.9m and 0.49x industry multiple (adjusted for size and gross margin).

fruity fresh (western) limited Estimated Valuation

£7.1m

Pomanda estimates the enterprise value of FRUITY FRESH (WESTERN) LIMITED at £7.1m based on an EBITDA of £1.1m and a 6.21x industry multiple (adjusted for size and gross margin).

fruity fresh (western) limited Estimated Valuation

£12.4m

Pomanda estimates the enterprise value of FRUITY FRESH (WESTERN) LIMITED at £12.4m based on Net Assets of £6.5m and 1.9x industry multiple (adjusted for liquidity).

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Fruity Fresh (western) Limited Overview

Fruity Fresh (western) Limited is a live company located in pinner, HA5 4AL with a Companies House number of 02848189. It operates in the wholesale of fruit and vegetables sector, SIC Code 46310. Founded in August 1993, it's largest shareholder is ashok chowdry with a 43.8% stake. Fruity Fresh (western) Limited is a mature, large sized company, Pomanda has estimated its turnover at £21.9m with healthy growth in recent years.

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Fruity Fresh (western) Limited Health Check

Pomanda's financial health check has awarded Fruity Fresh (Western) 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

Health Check Image
Health Rating5out of 5
positive_score

8 Strong

positive_score

3 Regular

positive_score

1 Weak

size

Size

annual sales of £21.9m, make it in line with the average company (£24.4m)

£21.9m - Fruity Fresh (western) Limited

£24.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (6%)

6% - Fruity Fresh (western) Limited

6% - Industry AVG

production

Production

with a gross margin of 19.7%, this company has a lower cost of product (11.8%)

19.7% - Fruity Fresh (western) Limited

11.8% - Industry AVG

profitability

Profitability

an operating margin of 4.5% make it more profitable than the average company (2.4%)

4.5% - Fruity Fresh (western) Limited

2.4% - Industry AVG

employees

Employees

with 73 employees, this is above the industry average (53)

73 - Fruity Fresh (western) Limited

53 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.1k, the company has a lower pay structure (£36.9k)

£29.1k - Fruity Fresh (western) Limited

£36.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £300.6k, this is less efficient (£449.6k)

£300.6k - Fruity Fresh (western) Limited

£449.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 11 days, this is earlier than average (34 days)

11 days - Fruity Fresh (western) Limited

34 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 32 days, this is close to average (34 days)

32 days - Fruity Fresh (western) Limited

34 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 5 days, this is less than average (9 days)

5 days - Fruity Fresh (western) Limited

9 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 18 weeks, this is more cash available to meet short term requirements (13 weeks)

18 weeks - Fruity Fresh (western) Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 27.2%, this is a lower level of debt than the average (60.6%)

27.2% - Fruity Fresh (western) Limited

60.6% - Industry AVG

FRUITY FRESH (WESTERN) LIMITED financials

EXPORTms excel logo

Fruity Fresh (Western) Limited's latest turnover from December 2023 is £21.9 million and the company has net assets of £6.5 million. According to their latest financial statements, Fruity Fresh (Western) Limited has 73 employees and maintains cash reserves of £806.8 thousand 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
Turnover21,942,80021,752,33119,787,11718,197,93818,819,15118,247,48218,106,14318,083,38217,749,94915,598,06115,778,87515,870,92615,445,71316,583,3720
Other Income Or Grants000000000000000
Cost Of Sales17,623,76817,279,43015,812,41614,879,83515,902,68614,847,78814,913,16514,736,20414,610,62012,862,88613,225,55213,315,34212,810,10914,273,9740
Gross Profit4,319,0324,472,9013,974,7013,318,1032,916,4653,399,6943,192,9783,347,1783,139,3292,735,1752,553,3232,555,5842,635,6042,309,3980
Admin Expenses3,341,9603,295,8173,028,9162,797,4242,783,3142,566,1862,550,0582,233,9732,256,2541,968,3111,844,3232,005,5871,836,8481,910,171-1,823,255
Operating Profit977,0721,177,084945,785520,679133,151833,508642,9201,113,205883,075766,864709,000549,997798,756399,2271,823,255
Interest Payable46,73750,77650,96356,83539,51218,14214,38023,33115,67518,84623,40830,80742,28226,3750
Interest Receivable3211,441702,009734892192,23913273596654149870
Pre-Tax Profit930,6561,127,749894,892465,85393,712815,855717,0441,140,235867,413833,490685,651551,209809,649439,8021,824,125
Tax-230,396-224,406-202,690-100,852-32,190-150,940-167,489-229,048-140,090-173,728-158,784-141,452-208,989-115,913-510,755
Profit After Tax700,260903,343692,202365,00161,522664,915549,555911,187727,323659,762526,867409,757600,660323,8891,313,370
Dividends Paid200,000240,00090,000120,000120,000290,000285,000245,000215,000475,000298,000144,000125,00050,0000
Retained Profit500,260663,343602,202245,001-58,478374,915264,555666,187512,323184,762228,867265,757475,660273,8891,313,370
Employee Costs2,123,0352,141,5722,119,2001,954,3271,886,8951,839,2401,887,3081,602,6211,489,8551,168,6651,094,2011,104,7671,091,0951,183,6180
Number Of Employees73757666626060595944444646450
EBITDA*1,144,8381,340,0561,108,920669,390133,151946,706759,5921,215,509992,472821,330792,163697,946904,509491,5491,910,511

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets5,266,4015,319,8905,396,8895,415,4734,969,7163,286,0303,302,0113,335,2743,322,1982,020,7241,936,4351,997,4972,085,7742,115,1681,000,477
Intangible Assets00000014,18228,36442,54756,73000000
Investments & Other1,848,9181,848,9181,848,9181,206,6811,198,601837,226837,226986,4281,160,8081,128,2681,287,8681,230,8871,186,6041,086,0551,079,257
Debtors (Due After 1 year)000000000000000
Total Fixed Assets7,115,3197,168,8087,245,8076,622,1546,168,3174,123,2564,153,4194,350,0664,525,5533,205,7223,224,3033,228,3843,272,3783,201,2232,079,734
Stock & work in progress281,790256,695172,651203,633161,246159,372155,069164,201130,506160,569130,054140,894132,813119,377110,909
Trade Debtors665,499781,844831,224598,170654,902687,371775,985574,067560,527515,018657,505570,854565,656585,879579,078
Group Debtors000000006,5433,18311,27611,952000
Misc Debtors109,46858,63469,24272,926167,676102,240124,95772,39182,72722,48621,075131,85131,57919,6010
Cash806,763749,9591,039,2851,888,531890,7641,055,355881,160743,058671,530750,513392,720217,724325,177296,541348,056
misc current assets000000000000000
total current assets1,863,5201,847,1322,112,4022,763,2601,874,5882,004,3381,937,1711,553,7171,451,8331,451,7691,212,6301,073,2751,055,2251,021,3981,038,043
total assets8,978,8399,015,9409,358,2099,385,4148,042,9056,127,5946,090,5905,903,7835,977,3864,657,4914,436,9334,301,6594,327,6034,222,6213,117,777
Bank overdraft00000000130,667144,769141,000141,000142,034332,0340
Bank loan329,517619,644709,086299,622141,907116,775164,931164,9310000000
Trade Creditors 1,552,3661,316,3181,438,3061,133,7331,015,901832,0311,043,719912,567991,7551,021,205908,652849,043720,917847,906974,625
Group/Directors Accounts00000000001,7640000
other short term finances000000000000000
hp & lease commitments17,83600000028712,91612,94800000
other current liabilities396,113381,610342,969200,990135,380246,683258,326316,061335,598249,352217,759212,578261,324165,3000
total current liabilities2,295,8322,317,5722,490,3611,634,3451,293,1881,195,4891,466,9761,393,8461,470,9361,428,2741,269,1751,202,6211,124,2751,345,240974,625
loans0564,8821,395,0932,913,6442,174,339305,173371,702522,2531,098,118424,701578,289730,3741,083,6711,233,0120
hp & lease commitments46,0770000000011,68600000
Accruals and Deferred Income000000000000000
other liabilities00000000000000772,962
provisions100,31797,13399,74566,61749,57142,64742,54242,869129,70426,5257,92615,98832,73833,11032,820
total long term liabilities146,394662,0151,494,8382,980,2612,223,910347,820414,244565,1221,227,822462,912586,215746,3621,116,4091,266,122805,782
total liabilities2,442,2262,979,5873,985,1994,614,6063,517,0981,543,3091,881,2201,958,9682,698,7581,891,1861,855,3901,948,9832,240,6842,611,3621,780,407
net assets6,536,6136,036,3535,373,0104,770,8084,525,8074,584,2854,209,3703,944,8153,278,6282,766,3052,581,5432,352,6762,086,9191,611,2591,337,370
total shareholders funds6,536,6136,036,3535,373,0104,770,8084,525,8074,584,2854,209,3703,944,8153,278,6282,766,3052,581,5432,352,6762,086,9191,611,2591,337,370
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit977,0721,177,084945,785520,679133,151833,508642,9201,113,205883,075766,864709,000549,997798,756399,2271,823,255
Depreciation167,766162,972163,135148,711099,016102,48988,121109,39754,46683,163147,949105,75392,32287,256
Amortisation0000014,18214,18314,1830000000
Tax-230,396-224,406-202,690-100,852-32,190-150,940-167,489-229,048-140,090-173,728-158,784-141,452-208,989-115,913-510,755
Stock25,09584,044-30,98242,3871,8744,303-9,13233,695-30,06330,515-10,8408,08113,4368,468110,909
Debtors-65,511-59,988229,370-151,48232,967-111,331254,484-3,339109,110-149,169-24,801117,422-8,24526,402579,078
Creditors236,048-121,988304,573117,832183,870-211,688131,152-79,188-29,450112,55359,609128,126-126,989-126,719974,625
Accruals and Deferred Income14,50338,641141,97965,610-111,303-11,643-57,735-19,53786,24631,5935,181-48,74696,024165,3000
Deferred Taxes & Provisions3,184-2,61233,12817,0466,924105-327-86,835103,17918,599-8,062-16,750-37229032,820
Cash flow from operations1,208,5931,005,6351,187,522878,121145,611679,568419,841770,545933,310929,001725,748493,621658,992379,6371,717,214
Investing Activities
capital expenditure00000-81,14719,058121,305-2,504,77932,148-79,082-114,019-177,408-1,212,299-1,087,733
Change in Investments00642,2378,080361,3750-149,202-174,38032,540-159,60056,98144,283100,5496,7981,079,257
cash flow from investments00-642,237-8,080-361,375-81,147168,260295,685-2,537,319191,748-136,063-158,302-277,957-1,219,097-2,166,990
Financing Activities
Bank loans-290,127-89,442409,464157,71525,132-48,1560164,9310000000
Group/Directors Accounts000000000-1,7641,7640000
Other Short Term Loans 000000000000000
Long term loans-564,882-830,211-1,518,551739,3051,869,166-66,529-150,551-575,865673,417-153,588-152,085-353,297-149,3411,233,0120
Hire Purchase and Lease Commitments63,91300000-287-12,629-11,71824,63400000
other long term liabilities0000000000000-772,962772,962
share issue0000000000000024,000
interest-46,416-49,335-50,893-54,826-39,439-17,653-14,161-21,092-15,662-18,573-23,349-30,741-42,228-26,226870
cash flow from financing-837,512-968,988-1,159,980842,1941,854,859-132,338-164,999-444,655646,037-149,291-173,670-384,038-191,569433,824797,832
cash and cash equivalents
cash56,804-289,326-849,246997,767-164,591174,195138,10271,528-78,983357,793174,996-107,45328,636-51,515348,056
overdraft0000000-130,667-14,1023,7690-1,034-190,000332,0340
change in cash56,804-289,326-849,246997,767-164,591174,195138,102202,195-64,881354,024174,996-106,419218,636-383,549348,056

fruity fresh (western) 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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Fruity Fresh (western) Limited Competitor Analysis

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Perform a competitor analysis for fruity fresh (western) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in HA5 area or any other competitors across 12 key performance metrics.

fruity fresh (western) limited Ownership

FRUITY FRESH (WESTERN) LIMITED group structure

Fruity Fresh (Western) Limited has no subsidiary companies.

Ultimate parent company

FRUITY FRESH (WESTERN) LIMITED

02848189

FRUITY FRESH (WESTERN) LIMITED Shareholders

ashok chowdry 43.75%
rashmi chowdry 39.58%
neil chowdry 8.33%
monica chowdry 8.33%

fruity fresh (western) limited directors

Fruity Fresh (Western) Limited currently has 1 director, Mr Ashok Chowdry serving since Aug 1993.

officercountryagestartendrole
Mr Ashok ChowdryUnited Kingdom78 years Aug 1993- Director

P&L

December 2023

turnover

21.9m

+1%

operating profit

977.1k

-17%

gross margin

19.7%

-4.28%

turnover

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

Balance Sheet

December 2023

net assets

6.5m

+0.08%

total assets

9m

0%

cash

806.8k

+0.08%

net assets

Total assets minus all liabilities

fruity fresh (western) limited company details

company number

02848189

Type

Private limited with Share Capital

industry

46310 - Wholesale of fruit and vegetables

incorporation date

August 1993

age

32

incorporated

UK

ultimate parent company

None

accounts

Full Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

RAYNER ESSEX

address

marlowes oxhey lane, pinner, HA5 4AL

Bank

-

Legal Advisor

-

fruity fresh (western) 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 fruity fresh (western) limited. Currently there are 2 open charges and 7 have been satisfied in the past.

fruity fresh (western) 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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fruity fresh (western) limited Companies House Filings - See Documents

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