natures way foods limited Company Information
Company Number
02896421
Website
www.natureswayfoods.comRegistered Address
park farm, chichester road, selsey, west sussex, PO20 9HP
Industry
Other processing and preserving of fruit and vegetables
Telephone
01243603111
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
natures way foods investment company ltd 100%
natures way foods limited Estimated Valuation
Pomanda estimates the enterprise value of NATURES WAY FOODS LIMITED at £147.9m based on a Turnover of £236.1m and 0.63x industry multiple (adjusted for size and gross margin).
natures way foods limited Estimated Valuation
Pomanda estimates the enterprise value of NATURES WAY FOODS LIMITED at £53m based on an EBITDA of £7.7m and a 6.87x industry multiple (adjusted for size and gross margin).
natures way foods limited Estimated Valuation
Pomanda estimates the enterprise value of NATURES WAY FOODS LIMITED at £24m based on Net Assets of £15m and 1.6x industry multiple (adjusted for liquidity).
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Natures Way Foods Limited Overview
Natures Way Foods Limited is a live company located in selsey, PO20 9HP with a Companies House number of 02896421. It operates in the other processing and preserving of fruit and vegetables sector, SIC Code 10390. Founded in February 1994, it's largest shareholder is natures way foods investment company ltd with a 100% stake. Natures Way Foods Limited is a mature, mega sized company, Pomanda has estimated its turnover at £236.1m with healthy growth in recent years.
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Natures Way Foods Limited Health Check
Pomanda's financial health check has awarded Natures Way Foods Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £236.1m, make it larger than the average company (£32.5m)
£236.1m - Natures Way Foods Limited
£32.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (3.2%)
7% - Natures Way Foods Limited
3.2% - Industry AVG
Production
with a gross margin of 12%, this company has a higher cost of product (17.8%)
12% - Natures Way Foods Limited
17.8% - Industry AVG
Profitability
an operating margin of -1.5% make it less profitable than the average company (2.3%)
-1.5% - Natures Way Foods Limited
2.3% - Industry AVG
Employees
with 1424 employees, this is above the industry average (114)
1424 - Natures Way Foods Limited
114 - Industry AVG
Pay Structure
on an average salary of £33.9k, the company has an equivalent pay structure (£34k)
£33.9k - Natures Way Foods Limited
£34k - Industry AVG
Efficiency
resulting in sales per employee of £165.8k, this is equally as efficient (£182.4k)
£165.8k - Natures Way Foods Limited
£182.4k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is earlier than average (44 days)
25 days - Natures Way Foods Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is quicker than average (38 days)
28 days - Natures Way Foods Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 11 days, this is less than average (41 days)
11 days - Natures Way Foods Limited
41 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (6 weeks)
1 weeks - Natures Way Foods Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.1%, this is a higher level of debt than the average (49.8%)
81.1% - Natures Way Foods Limited
49.8% - Industry AVG
natures way foods limited Credit Report and Business Information
Natures Way Foods Limited Competitor Analysis
Perform a competitor analysis for natures way foods limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
natures way foods limited Ownership
NATURES WAY FOODS LIMITED group structure
Natures Way Foods Limited has no subsidiary companies.
Ultimate parent company
2 parents
NATURES WAY FOODS LIMITED
02896421
natures way foods limited directors
Natures Way Foods Limited currently has 6 directors. The longest serving directors include Mr Robert Langmead (Feb 1994) and Mr David Langmead (Feb 1994).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Robert Langmead | 55 years | Feb 1994 | - | Director | |
Mr David Langmead | 61 years | Feb 1994 | - | Director | |
Mr David Williams | 77 years | Apr 2012 | - | Director | |
Mr Stewart Gilliland | 67 years | Apr 2013 | - | Director | |
Mr Colin Smith | United Kingdom | 54 years | Apr 2018 | - | Director |
Mrs Anita Barker | 62 years | Oct 2018 | - | Director |
NATURES WAY FOODS LIMITED financials
Natures Way Foods Limited's latest turnover from March 2023 is £236.1 million and the company has net assets of £15 million. According to their latest financial statements, Natures Way Foods Limited has 1,424 employees and maintains cash reserves of £1.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Apr 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Apr 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 236,077,000 | 213,520,000 | 182,700,000 | 192,918,000 | 190,706,000 | 182,509,000 | 162,764,055 | 153,819,333 | 135,846,706 | 121,542,630 | 113,024,547 | 108,469,431 | 111,575,103 | 95,135,132 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 207,761,000 | 187,703,000 | 159,500,000 | 164,485,000 | 164,067,000 | 152,832,000 | 135,039,383 | 120,669,885 | 111,534,388 | 100,187,649 | 93,361,091 | 85,502,969 | 84,097,073 | 70,905,019 |
Gross Profit | 28,316,000 | 25,817,000 | 23,200,000 | 28,433,000 | 26,639,000 | 29,677,000 | 27,724,672 | 33,149,448 | 24,312,318 | 21,354,981 | 19,663,456 | 22,966,462 | 27,478,030 | 24,230,113 |
Admin Expenses | 31,968,000 | 31,180,000 | 26,559,000 | 27,978,000 | 28,981,000 | 27,558,000 | 25,187,891 | 22,821,372 | 17,751,910 | 16,442,314 | 13,088,819 | 16,505,807 | 12,879,535 | 12,771,048 |
Operating Profit | -3,652,000 | -5,363,000 | -3,359,000 | 455,000 | -2,342,000 | 2,119,000 | 2,536,781 | 10,328,076 | 6,560,408 | 4,912,667 | 6,574,637 | 6,460,655 | 14,598,495 | 11,459,065 |
Interest Payable | 999,000 | 648,000 | 634,000 | 506,000 | 478,000 | 259,000 | 968,692 | 111,272 | 171,655 | 126,784 | 366,555 | 262,261 | 147,286 | 163,231 |
Interest Receivable | 109,000 | 45,000 | 38,000 | 51,000 | 56,000 | 208,000 | 84,954 | 189,909 | 113,201 | 83,456 | 81,642 | 164,355 | 206,843 | 136,126 |
Pre-Tax Profit | -3,631,000 | -5,635,000 | -5,316,000 | 823,000 | -2,764,000 | 2,068,000 | 1,653,043 | 11,332,276 | 6,470,055 | 4,869,339 | 6,289,724 | 6,362,749 | 14,658,052 | 11,431,960 |
Tax | 618,000 | 508,000 | 1,400,000 | -1,442,000 | -639,000 | -1,125,000 | -1,214,234 | -3,157,463 | -2,281,869 | -1,883,500 | -1,496,648 | -2,522,954 | -5,636,364 | -3,493,172 |
Profit After Tax | -3,013,000 | -5,127,000 | -3,916,000 | -619,000 | -3,403,000 | 943,000 | 438,809 | 8,174,813 | 4,188,186 | 2,985,839 | 4,793,076 | 3,839,795 | 9,021,688 | 7,938,788 |
Dividends Paid | 0 | 0 | 0 | 1,100,000 | 0 | 0 | 0 | 0 | 5,000,000 | 0 | 0 | 9,297,634 | 550,000 | 8,222,846 |
Retained Profit | -3,013,000 | -5,127,000 | -3,916,000 | -1,719,000 | -3,403,000 | 943,000 | 438,809 | 8,174,813 | -811,814 | 2,985,839 | 4,793,076 | -5,457,839 | 8,471,688 | -284,058 |
Employee Costs | 48,215,000 | 43,978,000 | 38,209,000 | 37,210,000 | 39,206,000 | 36,002,000 | 33,197,075 | 28,450,888 | 24,016,383 | 20,603,498 | 18,232,125 | 16,138,680 | 14,968,466 | 14,046,543 |
Number Of Employees | 1,424 | 1,386 | 1,222 | 1,168 | 1,188 | 1,170 | 1,139 | 976 | 876 | 764 | 721 | 562 | 484 | 444 |
EBITDA* | 7,715,000 | 7,430,000 | 8,111,000 | 12,100,000 | 9,842,000 | 10,991,000 | 10,703,181 | 17,717,832 | 12,603,781 | 10,609,816 | 12,240,529 | 11,172,896 | 18,455,104 | 15,172,014 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Apr 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Apr 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 44,891,000 | 46,182,000 | 51,288,000 | 45,351,000 | 45,574,000 | 45,313,000 | 38,236,659 | 28,018,961 | 28,460,519 | 24,741,821 | 22,693,772 | 25,610,906 | 19,433,312 | 17,057,514 |
Intangible Assets | 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 | 11 |
Debtors (Due After 1 year) | 1,400,000 | 701,000 | 600,000 | 93,000 | 72,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,232,243 | 2,234,997 |
Total Fixed Assets | 46,291,000 | 46,883,000 | 51,888,000 | 45,444,000 | 45,646,000 | 45,313,000 | 38,236,659 | 28,018,961 | 28,460,519 | 24,741,821 | 22,693,772 | 25,610,906 | 21,665,555 | 19,292,522 |
Stock & work in progress | 6,554,000 | 5,647,000 | 4,725,000 | 4,482,000 | 4,559,000 | 4,016,000 | 3,363,160 | 3,236,082 | 2,768,362 | 2,486,948 | 2,144,803 | 1,927,013 | 1,571,918 | 1,130,504 |
Trade Debtors | 16,227,000 | 20,188,000 | 19,103,000 | 18,587,000 | 19,402,000 | 17,850,000 | 16,390,006 | 12,154,445 | 11,999,591 | 10,830,534 | 10,167,828 | 9,674,955 | 10,314,660 | 8,198,275 |
Group Debtors | 2,499,000 | 2,475,000 | 2,030,000 | 1,889,000 | 2,014,000 | 3,441,000 | 2,600,466 | 4,709,918 | 7,744,615 | 3,136,697 | 2,618,541 | 2,084,026 | 459,063 | 0 |
Misc Debtors | 5,640,000 | 6,531,000 | 7,869,000 | 3,690,000 | 3,538,000 | 3,253,000 | 3,312,370 | 4,842,496 | 1,697,899 | 1,719,062 | 2,416,911 | 1,783,578 | 1,894,886 | 1,932,601 |
Cash | 1,883,000 | 1,708,000 | 1,703,000 | 7,387,000 | 0 | 0 | 257,666 | 4,585,903 | 3,807,664 | 3,638,200 | 2,851,002 | 1,217,415 | 10,060,460 | 2,246,698 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 32,803,000 | 36,549,000 | 35,430,000 | 36,035,000 | 29,513,000 | 28,560,000 | 25,923,668 | 29,528,844 | 28,018,131 | 21,811,441 | 20,199,085 | 16,686,987 | 24,300,987 | 13,508,078 |
total assets | 79,094,000 | 83,432,000 | 87,318,000 | 81,479,000 | 75,159,000 | 73,873,000 | 64,160,327 | 57,547,805 | 56,478,650 | 46,553,262 | 42,892,857 | 42,297,893 | 45,966,542 | 32,800,600 |
Bank overdraft | 0 | 0 | 923,000 | 0 | 4,863,000 | 7,004,000 | 0 | 0 | 4,500,000 | 3,091,936 | 2,644,768 | 2,984,926 | 0 | 0 |
Bank loan | 12,931,000 | 9,481,000 | 4,220,000 | 5,000,000 | 0 | 0 | 4,144,206 | 793,301 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 15,939,000 | 19,655,000 | 14,271,000 | 13,434,000 | 17,285,000 | 14,698,000 | 11,797,744 | 7,636,079 | 9,152,619 | 7,002,815 | 5,550,008 | 5,323,424 | 6,240,571 | 3,959,715 |
Group/Directors Accounts | 14,000 | 42,000 | 43,000 | 229,000 | 238,000 | 2,395,000 | 2,298,932 | 5,015,479 | 4,999,952 | 0 | 0 | 48,001 | 371,612 | 534,502 |
other short term finances | 0 | 308,000 | 640,000 | 0 | 102,000 | 0 | 86,400 | 0 | 134,696 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 7,246,000 | 6,058,000 | 8,506,000 | 6,188,000 | 5,236,000 | 0 | 0 | 0 | 0 | 0 | 3,076,642 | 4,085,477 | 3,862,402 | 1,948,188 |
other current liabilities | 15,480,000 | 16,161,000 | 19,426,000 | 17,385,000 | 9,992,000 | 11,862,000 | 11,631,745 | 12,799,500 | 12,829,401 | 10,031,842 | 8,536,362 | 7,444,342 | 10,559,713 | 10,938,166 |
total current liabilities | 51,610,000 | 51,705,000 | 48,029,000 | 42,236,000 | 37,716,000 | 35,959,000 | 29,959,027 | 26,244,359 | 31,616,668 | 20,126,593 | 19,807,780 | 19,886,170 | 21,034,298 | 17,380,571 |
loans | 257,000 | 244,000 | 5,000,000 | 0 | 0 | 5,997,000 | 3,215,876 | 761,015 | 2,387,543 | 3,131,658 | 672,222 | 2,278,101 | 0 | 0 |
hp & lease commitments | 12,259,000 | 13,501,000 | 11,099,000 | 12,167,000 | 8,747,000 | 0 | 0 | 0 | 0 | 0 | 1,843,875 | 3,734,976 | 3,195,721 | 1,913,153 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 81,000 | 77,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 39,000 | 50,258 | 46,074 | 152,895 | 58,856 | 318,664 | 941,406 | 821,444 | 1,063,485 |
total long term liabilities | 12,516,000 | 13,745,000 | 16,180,000 | 12,244,000 | 8,747,000 | 6,036,000 | 3,266,134 | 807,089 | 2,540,438 | 3,190,514 | 2,834,761 | 6,954,483 | 4,017,165 | 2,976,638 |
total liabilities | 64,126,000 | 65,450,000 | 64,209,000 | 54,480,000 | 46,463,000 | 41,995,000 | 33,225,161 | 27,051,448 | 34,157,106 | 23,317,107 | 22,642,541 | 26,840,653 | 25,051,463 | 20,357,209 |
net assets | 14,968,000 | 17,982,000 | 23,109,000 | 26,999,000 | 28,696,000 | 31,878,000 | 30,935,166 | 30,496,357 | 22,321,544 | 23,236,155 | 20,250,316 | 15,457,240 | 20,915,079 | 12,443,391 |
total shareholders funds | 14,968,000 | 17,982,000 | 23,109,000 | 26,999,000 | 28,696,000 | 31,878,000 | 30,935,166 | 30,496,357 | 22,321,544 | 23,236,155 | 20,250,316 | 15,457,240 | 20,915,079 | 12,443,391 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Apr 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Apr 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | -3,652,000 | -5,363,000 | -3,359,000 | 455,000 | -2,342,000 | 2,119,000 | 2,536,781 | 10,328,076 | 6,560,408 | 4,912,667 | 6,574,637 | 6,460,655 | 14,598,495 | 11,459,065 |
Depreciation | 11,367,000 | 12,793,000 | 11,470,000 | 11,645,000 | 12,184,000 | 8,872,000 | 8,166,400 | 7,389,756 | 6,043,373 | 5,697,149 | 5,665,892 | 4,712,241 | 3,856,609 | 3,712,949 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | 618,000 | 508,000 | 1,400,000 | -1,442,000 | -639,000 | -1,125,000 | -1,214,234 | -3,157,463 | -2,281,869 | -1,883,500 | -1,496,648 | -2,522,954 | -5,636,364 | -3,493,172 |
Stock | 907,000 | 922,000 | 243,000 | -77,000 | 543,000 | 652,840 | 127,078 | 467,720 | 281,414 | 342,145 | 217,790 | 355,095 | 441,414 | 1,130,504 |
Debtors | -4,129,000 | 293,000 | 5,343,000 | -767,000 | 482,000 | 2,241,158 | 595,983 | 264,754 | 5,755,812 | 483,013 | 1,660,721 | -1,358,293 | 2,534,979 | 12,365,873 |
Creditors | -3,716,000 | 5,384,000 | 837,000 | -3,851,000 | 2,587,000 | 2,900,256 | 4,161,665 | -1,516,540 | 2,149,804 | 1,452,807 | 226,584 | -917,147 | 2,280,856 | 3,959,715 |
Accruals and Deferred Income | -681,000 | -3,265,000 | 2,041,000 | 7,393,000 | -1,870,000 | 230,255 | -1,167,755 | -29,901 | 2,797,559 | 1,495,480 | 1,092,020 | -3,115,371 | -378,453 | 10,938,166 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -39,000 | -11,258 | 4,184 | -106,821 | 94,039 | -259,808 | -622,742 | 119,962 | -242,041 | 1,063,485 |
Cash flow from operations | 7,158,000 | 8,842,000 | 6,803,000 | 15,044,000 | 8,856,000 | 10,091,255 | 11,763,980 | 12,174,633 | 9,326,088 | 10,589,637 | 9,561,232 | 5,740,584 | 11,502,709 | 14,143,831 |
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -11 | 11 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 3,450,000 | 5,261,000 | -780,000 | 5,000,000 | 0 | -4,144,206 | 3,350,905 | 793,301 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -28,000 | -1,000 | -186,000 | -9,000 | -2,157,000 | 96,068 | -2,716,547 | 15,527 | 4,999,952 | 0 | -48,001 | -323,611 | -162,890 | 534,502 |
Other Short Term Loans | -308,000 | -332,000 | 640,000 | -102,000 | 102,000 | -86,400 | 86,400 | -134,696 | 134,696 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 13,000 | -4,756,000 | 5,000,000 | 0 | -5,997,000 | 2,781,124 | 2,454,861 | -1,626,528 | -744,115 | 2,459,436 | -1,605,879 | 2,278,101 | 0 | 0 |
Hire Purchase and Lease Commitments | -54,000 | -46,000 | 1,250,000 | 4,372,000 | 13,983,000 | 0 | 0 | 0 | 0 | -4,920,517 | -2,899,936 | 762,330 | 3,196,782 | 3,861,341 |
other long term liabilities | 0 | -81,000 | 4,000 | 77,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | -890,000 | -603,000 | -596,000 | -455,000 | -422,000 | -51,000 | -883,738 | 78,637 | -58,454 | -43,328 | -284,913 | -97,906 | 59,557 | -27,105 |
cash flow from financing | 2,182,000 | -558,000 | 5,358,000 | 8,905,000 | 5,730,000 | -1,404,580 | 2,291,881 | -873,759 | 4,229,282 | -2,504,409 | -4,838,729 | 2,618,914 | 3,093,449 | 17,096,187 |
cash and cash equivalents | ||||||||||||||
cash | 175,000 | 5,000 | -5,684,000 | 7,387,000 | 0 | -257,666 | -4,328,237 | 778,239 | 169,464 | 787,198 | 1,633,587 | -8,843,045 | 7,813,762 | 2,246,698 |
overdraft | 0 | -923,000 | 923,000 | -4,863,000 | -2,141,000 | 7,004,000 | 0 | -4,500,000 | 1,408,064 | 447,168 | -340,158 | 2,984,926 | 0 | 0 |
change in cash | 175,000 | 928,000 | -6,607,000 | 12,250,000 | 2,141,000 | -7,261,666 | -4,328,237 | 5,278,239 | -1,238,600 | 340,030 | 1,973,745 | -11,827,971 | 7,813,762 | 2,246,698 |
P&L
March 2023turnover
236.1m
+11%
operating profit
-3.7m
-32%
gross margin
12%
-0.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
15m
-0.17%
total assets
79.1m
-0.05%
cash
1.9m
+0.1%
net assets
Total assets minus all liabilities
natures way foods limited company details
company number
02896421
Type
Private limited with Share Capital
industry
10390 - Other processing and preserving of fruit and vegetables
incorporation date
February 1994
age
30
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
park farm, chichester road, selsey, west sussex, PO20 9HP
last accounts submitted
March 2023
natures way foods 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 14 charges/mortgages relating to natures way foods limited. Currently there are 7 open charges and 7 have been satisfied in the past.
natures way foods limited Companies House Filings - See Documents
date | description | view/download |
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