natures way foods limited

natures way foods limited Company Information

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Company Number

02896421

Industry

Other processing and preserving of fruit and vegetables

 

Shareholders

natures way foods investment company ltd

Group Structure

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Contact

Registered Address

park farm, chichester road, selsey, west sussex, PO20 9HP

natures way foods limited Estimated Valuation

£201.6m

Pomanda estimates the enterprise value of NATURES WAY FOODS LIMITED at £201.6m based on a Turnover of £227.1m and 0.89x industry multiple (adjusted for size and gross margin).

natures way foods limited Estimated Valuation

£97.7m

Pomanda estimates the enterprise value of NATURES WAY FOODS LIMITED at £97.7m based on an EBITDA of £13.5m and a 7.23x industry multiple (adjusted for size and gross margin).

natures way foods limited Estimated Valuation

£29.4m

Pomanda estimates the enterprise value of NATURES WAY FOODS LIMITED at £29.4m based on Net Assets of £17.2m and 1.71x 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 £227.1m 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 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £227.1m, make it larger than the average company (£33.8m)

£227.1m - Natures Way Foods Limited

£33.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (5.5%)

8% - Natures Way Foods Limited

5.5% - Industry AVG

production

Production

with a gross margin of 16.1%, this company has a comparable cost of product (16.1%)

16.1% - Natures Way Foods Limited

16.1% - Industry AVG

profitability

Profitability

an operating margin of 1.6% make it less profitable than the average company (2.4%)

1.6% - Natures Way Foods Limited

2.4% - Industry AVG

employees

Employees

with 1284 employees, this is above the industry average (117)

1284 - Natures Way Foods Limited

117 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.7k, the company has an equivalent pay structure (£37.3k)

£36.7k - Natures Way Foods Limited

£37.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £176.9k, this is equally as efficient (£194.4k)

£176.9k - Natures Way Foods Limited

£194.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 30 days, this is earlier than average (46 days)

30 days - Natures Way Foods Limited

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 31 days, this is quicker than average (41 days)

31 days - Natures Way Foods Limited

41 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 12 days, this is less than average (22 days)

12 days - Natures Way Foods Limited

22 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (5 weeks)

0 weeks - Natures Way Foods Limited

5 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 76.5%, this is a higher level of debt than the average (48.4%)

76.5% - Natures Way Foods Limited

48.4% - Industry AVG

NATURES WAY FOODS LIMITED financials

EXPORTms excel logo

Natures Way Foods Limited's latest turnover from March 2024 is £227.1 million and the company has net assets of £17.2 million. According to their latest financial statements, Natures Way Foods Limited has 1,284 employees and maintains cash reserves of £891 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Apr 2016Mar 2015Mar 2014Mar 2013Mar 2012Apr 2011Mar 2010
Turnover227,142,000236,077,000213,520,000182,700,000192,918,000190,706,000182,509,000162,764,055153,819,333135,846,706121,542,630113,024,547108,469,431111,575,10395,135,132
Other Income Or Grants000000000000000
Cost Of Sales190,648,000207,761,000187,703,000159,500,000164,485,000164,067,000152,832,000135,039,383120,669,885111,534,388100,187,64993,361,09185,502,96984,097,07370,905,019
Gross Profit36,494,00028,316,00025,817,00023,200,00028,433,00026,639,00029,677,00027,724,67233,149,44824,312,31821,354,98119,663,45622,966,46227,478,03024,230,113
Admin Expenses32,791,00031,968,00031,180,00026,559,00027,978,00028,981,00027,558,00025,187,89122,821,37217,751,91016,442,31413,088,81916,505,80712,879,53512,771,048
Operating Profit3,703,000-3,652,000-5,363,000-3,359,000455,000-2,342,0002,119,0002,536,78110,328,0766,560,4084,912,6676,574,6376,460,65514,598,49511,459,065
Interest Payable1,242,000999,000648,000634,000506,000478,000259,000968,692111,272171,655126,784366,555262,261147,286163,231
Interest Receivable174,000109,00045,00038,00051,00056,000208,00084,954189,909113,20183,45681,642164,355206,843136,126
Pre-Tax Profit2,514,000-3,631,000-5,635,000-5,316,000823,000-2,764,0002,068,0001,653,04311,332,2766,470,0554,869,3396,289,7246,362,74914,658,05211,431,960
Tax-310,000618,000508,0001,400,000-1,442,000-639,000-1,125,000-1,214,234-3,157,463-2,281,869-1,883,500-1,496,648-2,522,954-5,636,364-3,493,172
Profit After Tax2,204,000-3,013,000-5,127,000-3,916,000-619,000-3,403,000943,000438,8098,174,8134,188,1862,985,8394,793,0763,839,7959,021,6887,938,788
Dividends Paid00001,100,00000005,000,000009,297,634550,0008,222,846
Retained Profit2,204,000-3,013,000-5,127,000-3,916,000-1,719,000-3,403,000943,000438,8098,174,813-811,8142,985,8394,793,076-5,457,8398,471,688-284,058
Employee Costs47,140,00048,215,00043,978,00038,209,00037,210,00039,206,00036,002,00033,197,07528,450,88824,016,38320,603,49818,232,12516,138,68014,968,46614,046,543
Number Of Employees1,2841,4241,3861,2221,1681,1881,1701,139976876764721562484444
EBITDA*13,512,0007,715,0007,430,0008,111,00012,100,0009,842,00010,991,00010,703,18117,717,83212,603,78110,609,81612,240,52911,172,89618,455,10415,172,014

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Apr 2016Mar 2015Mar 2014Mar 2013Mar 2012Apr 2011Mar 2010
Tangible Assets37,078,00044,891,00046,182,00051,288,00045,351,00045,574,00045,313,00038,236,65928,018,96128,460,51924,741,82122,693,77225,610,90619,433,31217,057,514
Intangible Assets000000000000000
Investments & Other0000000000000011
Debtors (Due After 1 year)1,090,0001,400,000701,000600,00093,00072,00000000002,232,2432,234,997
Total Fixed Assets38,168,00046,291,00046,883,00051,888,00045,444,00045,646,00045,313,00038,236,65928,018,96128,460,51924,741,82122,693,77225,610,90621,665,55519,292,522
Stock & work in progress6,324,0006,554,0005,647,0004,725,0004,482,0004,559,0004,016,0003,363,1603,236,0822,768,3622,486,9482,144,8031,927,0131,571,9181,130,504
Trade Debtors18,816,00016,227,00020,188,00019,103,00018,587,00019,402,00017,850,00016,390,00612,154,44511,999,59110,830,53410,167,8289,674,95510,314,6608,198,275
Group Debtors2,775,0002,499,0002,475,0002,030,0001,889,0002,014,0003,441,0002,600,4664,709,9187,744,6153,136,6972,618,5412,084,026459,0630
Misc Debtors6,106,0005,640,0006,531,0007,869,0003,690,0003,538,0003,253,0003,312,3704,842,4961,697,8991,719,0622,416,9111,783,5781,894,8861,932,601
Cash891,0001,883,0001,708,0001,703,0007,387,00000257,6664,585,9033,807,6643,638,2002,851,0021,217,41510,060,4602,246,698
misc current assets000000000000000
total current assets34,912,00032,803,00036,549,00035,430,00036,035,00029,513,00028,560,00025,923,66829,528,84428,018,13121,811,44120,199,08516,686,98724,300,98713,508,078
total assets73,080,00079,094,00083,432,00087,318,00081,479,00075,159,00073,873,00064,160,32757,547,80556,478,65046,553,26242,892,85742,297,89345,966,54232,800,600
Bank overdraft000923,00004,863,0007,004,000004,500,0003,091,9362,644,7682,984,92600
Bank loan10,865,00012,931,0009,481,0004,220,0005,000,000004,144,206793,301000000
Trade Creditors 16,364,00015,939,00019,655,00014,271,00013,434,00017,285,00014,698,00011,797,7447,636,0799,152,6197,002,8155,550,0085,323,4246,240,5713,959,715
Group/Directors Accounts43,00014,00042,00043,000229,000238,0002,395,0002,298,9325,015,4794,999,9520048,001371,612534,502
other short term finances00308,000640,0000102,000086,4000134,69600000
hp & lease commitments5,687,0007,246,0006,058,0008,506,0006,188,0005,236,000000003,076,6424,085,4773,862,4021,948,188
other current liabilities15,473,00015,480,00016,161,00019,426,00017,385,0009,992,00011,862,00011,631,74512,799,50012,829,40110,031,8428,536,3627,444,34210,559,71310,938,166
total current liabilities48,432,00051,610,00051,705,00048,029,00042,236,00037,716,00035,959,00029,959,02726,244,35931,616,66820,126,59319,807,78019,886,17021,034,29817,380,571
loans270,000257,000244,0005,000,000005,997,0003,215,876761,0152,387,5433,131,658672,2222,278,10100
hp & lease commitments6,626,00012,259,00013,501,00011,099,00012,167,0008,747,000000001,843,8753,734,9763,195,7211,913,153
Accruals and Deferred Income580,00000000000000000
other liabilities00081,00077,0000000000000
provisions00000039,00050,25846,074152,89558,856318,664941,406821,4441,063,485
total long term liabilities7,476,00012,516,00013,745,00016,180,00012,244,0008,747,0006,036,0003,266,134807,0892,540,4383,190,5142,834,7616,954,4834,017,1652,976,638
total liabilities55,908,00064,126,00065,450,00064,209,00054,480,00046,463,00041,995,00033,225,16127,051,44834,157,10623,317,10722,642,54126,840,65325,051,46320,357,209
net assets17,172,00014,968,00017,982,00023,109,00026,999,00028,696,00031,878,00030,935,16630,496,35722,321,54423,236,15520,250,31615,457,24020,915,07912,443,391
total shareholders funds17,172,00014,968,00017,982,00023,109,00026,999,00028,696,00031,878,00030,935,16630,496,35722,321,54423,236,15520,250,31615,457,24020,915,07912,443,391
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Apr 2016Mar 2015Mar 2014Mar 2013Mar 2012Apr 2011Mar 2010
Operating Activities
Operating Profit3,703,000-3,652,000-5,363,000-3,359,000455,000-2,342,0002,119,0002,536,78110,328,0766,560,4084,912,6676,574,6376,460,65514,598,49511,459,065
Depreciation9,809,00011,367,00012,793,00011,470,00011,645,00012,184,0008,872,0008,166,4007,389,7566,043,3735,697,1495,665,8924,712,2413,856,6093,712,949
Amortisation000000000000000
Tax-310,000618,000508,0001,400,000-1,442,000-639,000-1,125,000-1,214,234-3,157,463-2,281,869-1,883,500-1,496,648-2,522,954-5,636,364-3,493,172
Stock-230,000907,000922,000243,000-77,000543,000652,840127,078467,720281,414342,145217,790355,095441,4141,130,504
Debtors3,021,000-4,129,000293,0005,343,000-767,000482,0002,241,158595,983264,7545,755,812483,0131,660,721-1,358,2932,534,97912,365,873
Creditors425,000-3,716,0005,384,000837,000-3,851,0002,587,0002,900,2564,161,665-1,516,5402,149,8041,452,807226,584-917,1472,280,8563,959,715
Accruals and Deferred Income573,000-681,000-3,265,0002,041,0007,393,000-1,870,000230,255-1,167,755-29,9012,797,5591,495,4801,092,020-3,115,371-378,45310,938,166
Deferred Taxes & Provisions00000-39,000-11,2584,184-106,82194,039-259,808-622,742119,962-242,0411,063,485
Cash flow from operations11,409,0007,158,0008,842,0006,803,00015,044,0008,856,00010,091,25511,763,98012,174,6339,326,08810,589,6379,561,2325,740,58411,502,70914,143,831
Investing Activities
capital expenditure-1,996,000-10,076,000-7,687,000-17,407,000-11,422,000-12,445,000-15,948,341-18,384,098-6,948,198-9,762,071-7,745,198-2,748,758-10,889,835-6,232,407-20,770,463
Change in Investments0000000000000-1111
cash flow from investments-1,996,000-10,076,000-7,687,000-17,407,000-11,422,000-12,445,000-15,948,341-18,384,098-6,948,198-9,762,071-7,745,198-2,748,758-10,889,835-6,232,396-20,770,474
Financing Activities
Bank loans-2,066,0003,450,0005,261,000-780,0005,000,0000-4,144,2063,350,905793,301000000
Group/Directors Accounts29,000-28,000-1,000-186,000-9,000-2,157,00096,068-2,716,54715,5274,999,9520-48,001-323,611-162,890534,502
Other Short Term Loans 0-308,000-332,000640,000-102,000102,000-86,40086,400-134,696134,69600000
Long term loans13,00013,000-4,756,0005,000,0000-5,997,0002,781,1242,454,861-1,626,528-744,1152,459,436-1,605,8792,278,10100
Hire Purchase and Lease Commitments-7,192,000-54,000-46,0001,250,0004,372,00013,983,0000000-4,920,517-2,899,936762,3303,196,7823,861,341
other long term liabilities00-81,0004,00077,0000000000000
share issue0-1,000026,00022,000221,000-16600-102,797000012,727,449
interest-1,068,000-890,000-603,000-596,000-455,000-422,000-51,000-883,73878,637-58,454-43,328-284,913-97,90659,557-27,105
cash flow from financing-10,284,0002,182,000-558,0005,358,0008,905,0005,730,000-1,404,5802,291,881-873,7594,229,282-2,504,409-4,838,7292,618,9143,093,44917,096,187
cash and cash equivalents
cash-992,000175,0005,000-5,684,0007,387,0000-257,666-4,328,237778,239169,464787,1981,633,587-8,843,0457,813,7622,246,698
overdraft00-923,000923,000-4,863,000-2,141,0007,004,0000-4,500,0001,408,064447,168-340,1582,984,92600
change in cash-992,000175,000928,000-6,607,00012,250,0002,141,000-7,261,666-4,328,2375,278,239-1,238,600340,0301,973,745-11,827,9717,813,7622,246,698

natures way foods limited Credit Report and Business Information

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Low Risk50 - 70
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High Risk20 - 30
Very High Risk0 - 20
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Natures Way Foods Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for natures way foods limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in PO20 area or any other competitors across 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 Shareholders

natures way foods investment company ltd 100%

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).

officercountryagestartendrole
Mr Robert Langmead56 years Feb 1994- Director
Mr David LangmeadUnited Kingdom62 years Feb 1994- Director
Mr David WilliamsUnited Kingdom78 years Apr 2012- Director
Mr Stewart Gilliland67 years Apr 2013- Director
Mr Colin Smith55 years Apr 2018- Director
Mrs Anita Barker62 years Oct 2018- Director

P&L

March 2024

turnover

227.1m

-4%

operating profit

3.7m

-201%

gross margin

16.1%

+33.95%

turnover

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

Balance Sheet

March 2024

net assets

17.2m

+0.15%

total assets

73.1m

-0.08%

cash

891k

-0.53%

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

31

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

BDO LLP

address

park farm, chichester road, selsey, west sussex, PO20 9HP

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

STEVENS & BOLTON LLP

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 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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natures way foods limited Companies House Filings - See Documents

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