salisbury poultry (midlands) limited
salisbury poultry (midlands) limited Company Information
Company Number
03073979
Next Accounts
Sep 2025
Industry
Processing and preserving of poultry meat
Shareholders
mehta holdings ltd
Group Structure
View All
Contact
Registered Address
salisbury court, hare street, bilston, west midlands, WV14 7DX
Website
www.salisburypoultry.co.uksalisbury poultry (midlands) limited Estimated Valuation
Pomanda estimates the enterprise value of SALISBURY POULTRY (MIDLANDS) LIMITED at £137.3m based on a Turnover of £197.6m and 0.69x industry multiple (adjusted for size and gross margin).
salisbury poultry (midlands) limited Estimated Valuation
Pomanda estimates the enterprise value of SALISBURY POULTRY (MIDLANDS) LIMITED at £32.7m based on an EBITDA of £5.1m and a 6.44x industry multiple (adjusted for size and gross margin).
salisbury poultry (midlands) limited Estimated Valuation
Pomanda estimates the enterprise value of SALISBURY POULTRY (MIDLANDS) LIMITED at £44.4m based on Net Assets of £21.1m and 2.11x industry multiple (adjusted for liquidity).
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Salisbury Poultry (midlands) Limited Overview
Salisbury Poultry (midlands) Limited is a live company located in bilston, WV14 7DX with a Companies House number of 03073979. It operates in the processing and preserving of poultry meat sector, SIC Code 10120. Founded in June 1995, it's largest shareholder is mehta holdings ltd with a 100% stake. Salisbury Poultry (midlands) Limited is a mature, mega sized company, Pomanda has estimated its turnover at £197.6m with high growth in recent years.
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Salisbury Poultry (midlands) Limited Health Check
Pomanda's financial health check has awarded Salisbury Poultry (Midlands) 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
6 Regular
1 Weak
Size
annual sales of £197.6m, make it larger than the average company (£63.7m)
£197.6m - Salisbury Poultry (midlands) Limited
£63.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (10.4%)
20% - Salisbury Poultry (midlands) Limited
10.4% - Industry AVG
Production
with a gross margin of 7.5%, this company has a higher cost of product (13.8%)
7.5% - Salisbury Poultry (midlands) Limited
13.8% - Industry AVG
Profitability
an operating margin of 1.6% make it as profitable than the average company (1.6%)
1.6% - Salisbury Poultry (midlands) Limited
1.6% - Industry AVG
Employees
with 907 employees, this is above the industry average (164)
907 - Salisbury Poultry (midlands) Limited
164 - Industry AVG
Pay Structure
on an average salary of £28.4k, the company has an equivalent pay structure (£33.7k)
£28.4k - Salisbury Poultry (midlands) Limited
£33.7k - Industry AVG
Efficiency
resulting in sales per employee of £217.9k, this is equally as efficient (£228.1k)
£217.9k - Salisbury Poultry (midlands) Limited
£228.1k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is near the average (28 days)
24 days - Salisbury Poultry (midlands) Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is slower than average (31 days)
36 days - Salisbury Poultry (midlands) Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 11 days, this is less than average (15 days)
11 days - Salisbury Poultry (midlands) Limited
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is average cash available to meet short term requirements (6 weeks)
7 weeks - Salisbury Poultry (midlands) Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60%, this is a similar level of debt than the average (56.3%)
60% - Salisbury Poultry (midlands) Limited
56.3% - Industry AVG
SALISBURY POULTRY (MIDLANDS) LIMITED financials
Salisbury Poultry (Midlands) Limited's latest turnover from December 2023 is £197.6 million and the company has net assets of £21.1 million. According to their latest financial statements, Salisbury Poultry (Midlands) Limited has 907 employees and maintains cash reserves of £4.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 197,646,911 | 165,652,219 | 131,082,873 | 113,807,658 | 115,846,070 | 116,850,313 | 113,048,896 | 102,278,492 | 118,543,640 | 67,031,301 | 46,963,512 | 47,078,586 | 45,195,966 | 38,167,748 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 182,750,451 | 156,436,075 | 122,177,260 | 105,382,402 | 107,077,514 | 111,612,683 | 105,996,864 | 96,176,782 | 110,854,906 | 62,161,717 | 44,071,591 | 44,730,168 | 42,868,658 | 34,796,962 |
| Gross Profit | 14,896,460 | 9,216,144 | 8,905,613 | 8,425,256 | 8,768,556 | 5,237,630 | 7,052,032 | 6,101,710 | 7,688,734 | 4,869,584 | 2,891,921 | 2,348,418 | 2,327,308 | 3,370,786 |
| Admin Expenses | 11,705,030 | 8,678,689 | 6,144,902 | 4,553,642 | 4,111,604 | 3,770,017 | 4,024,460 | 4,206,155 | 3,537,451 | 2,359,392 | 1,566,294 | 1,906,433 | 1,739,981 | 2,140,238 |
| Operating Profit | 3,191,430 | 537,455 | 2,760,711 | 3,871,614 | 4,656,952 | 1,467,613 | 3,027,572 | 1,895,555 | 4,151,283 | 2,510,192 | 1,325,627 | 441,985 | 587,327 | 1,230,548 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 12,432 | 0 | 0 |
| Interest Receivable | 54,194 | 29,416 | 35,312 | 54,384 | 8,810 | 52,084 | 20,729 | 107,840 | 62,509 | 776 | 50 | 447 | 264 | 0 |
| Pre-Tax Profit | 3,245,624 | 566,871 | 2,796,023 | 3,925,998 | 4,665,762 | 1,519,697 | 3,048,301 | 2,003,395 | 4,213,792 | 2,510,968 | 1,325,671 | 430,000 | 587,591 | 1,230,548 |
| Tax | 112,452 | -326,372 | -847,812 | -750,880 | -889,549 | -56,244 | 22,962 | -412,023 | -880,457 | -809,593 | -323,887 | -127,417 | -162,940 | -336,551 |
| Profit After Tax | 3,358,076 | 240,499 | 1,948,211 | 3,175,118 | 3,776,213 | 1,463,453 | 3,071,263 | 1,591,372 | 3,333,335 | 1,701,375 | 1,001,784 | 302,583 | 424,651 | 893,997 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,000,000 | 2,000,000 | 0 | 0 | 0 | 1,050,000 |
| Retained Profit | 3,358,076 | 240,499 | 1,948,211 | 3,175,118 | 3,776,213 | 1,463,453 | 3,071,263 | 1,591,372 | 333,335 | -298,625 | 1,001,784 | 302,583 | 424,651 | -156,003 |
| Employee Costs | 25,780,731 | 22,902,278 | 16,641,801 | 13,984,979 | 12,916,780 | 12,208,734 | 11,485,204 | 9,183,186 | 10,830,636 | 5,509,525 | 5,743,595 | 5,594,063 | 4,796,875 | 4,163,025 |
| Number Of Employees | 907 | 852 | 634 | 581 | 590 | 600 | 542 | 478 | 418 | 367 | 347 | 327 | 314 | 261 |
| EBITDA* | 5,086,746 | 1,082,592 | 2,791,014 | 3,881,330 | 4,666,665 | 1,477,328 | 3,037,288 | 1,895,555 | 4,169,515 | 2,519,252 | 1,334,687 | 451,045 | 596,387 | 1,239,653 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 25,861,894 | 22,736,893 | 9,060,717 | 347,809 | 21,224 | 30,937 | 40,652 | 50,368 | 60,084 | 74,655 | 80,055 | 85,455 | 90,855 | 96,255 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,661 | 7,321 | 10,981 | 14,641 | 18,301 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
| Total Fixed Assets | 25,861,894 | 22,736,893 | 9,060,717 | 347,809 | 21,224 | 30,937 | 40,652 | 50,368 | 60,084 | 78,316 | 87,376 | 96,436 | 105,496 | 114,556 |
| Stock & work in progress | 5,941,030 | 4,422,869 | 2,387,877 | 1,839,269 | 1,650,504 | 1,381,938 | 1,173,400 | 810,629 | 1,106,242 | 750,647 | 428,904 | 435,447 | 578,561 | 316,619 |
| Trade Debtors | 13,435,134 | 12,820,236 | 11,563,708 | 11,418,061 | 12,441,139 | 10,264,390 | 9,466,531 | 9,596,384 | 6,890,789 | 6,567,966 | 5,573,837 | 4,273,660 | 5,001,061 | 4,477,569 |
| Group Debtors | 0 | 0 | 1,507,883 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 112,518 | 17,366 | 214,166 | 0 |
| Misc Debtors | 3,104,212 | 4,593,697 | 9,177,893 | 8,398,566 | 8,428,107 | 9,018,396 | 7,172,283 | 3,777,339 | 802,622 | 395,879 | 270,201 | 141,057 | 222,681 | 229,660 |
| Cash | 4,382,302 | 5,147,767 | 3,368,168 | 5,863,981 | 6,721,925 | 5,957,945 | 4,329,322 | 7,256,152 | 7,299,796 | 3,741,227 | 750,611 | 343,608 | 425,174 | 934,532 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 26,862,678 | 26,984,569 | 28,005,529 | 27,519,877 | 29,241,675 | 26,622,669 | 22,141,536 | 21,440,504 | 16,099,449 | 11,455,719 | 7,136,071 | 5,211,138 | 6,441,643 | 5,958,380 |
| total assets | 52,724,572 | 49,721,462 | 37,066,246 | 27,867,686 | 29,262,899 | 26,653,606 | 22,182,188 | 21,490,872 | 16,159,533 | 11,534,035 | 7,223,447 | 5,307,574 | 6,547,139 | 6,072,936 |
| Bank overdraft | 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 |
| Trade Creditors | 18,379,617 | 17,294,592 | 16,608,680 | 10,575,789 | 9,333,953 | 8,695,493 | 5,822,329 | 8,810,087 | 5,414,420 | 5,423,589 | 4,165,585 | 3,489,949 | 4,466,760 | 3,614,973 |
| Group/Directors Accounts | 9,194,210 | 9,707,637 | 0 | 183,131 | 6,239,538 | 8,269,997 | 8,433,093 | 7,584,009 | 7,445,195 | 2,972,230 | 0 | 0 | 0 | 599,593 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 145,000 | 65,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,465,555 | 3,163,356 | 1,622,719 | 1,572,688 | 1,328,448 | 1,103,369 | 805,472 | 1,042,922 | 841,259 | 1,012,892 | 633,913 | 394,010 | 378,421 | 899,704 |
| total current liabilities | 30,039,382 | 30,165,585 | 18,231,399 | 12,331,608 | 16,901,939 | 18,068,859 | 15,060,894 | 17,437,018 | 13,700,874 | 9,408,711 | 4,799,498 | 3,883,959 | 4,990,181 | 5,179,270 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 435,876 | 197,735 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 1,602,326 | 1,831,089 | 1,350,558 | 0 | 0 | 0 | 0 | 3,823 | 0 | 0 | 0 | 1,450 | 1,500 | 1,000 |
| total long term liabilities | 1,602,326 | 1,831,089 | 1,350,558 | 0 | 0 | 0 | 0 | 3,823 | 0 | 0 | 0 | 1,450 | 437,376 | 198,735 |
| total liabilities | 31,641,708 | 31,996,674 | 19,581,957 | 12,331,608 | 16,901,939 | 18,068,859 | 15,060,894 | 17,440,841 | 13,700,874 | 9,408,711 | 4,799,498 | 3,885,409 | 5,427,557 | 5,378,005 |
| net assets | 21,082,864 | 17,724,788 | 17,484,289 | 15,536,078 | 12,360,960 | 8,584,747 | 7,121,294 | 4,050,031 | 2,458,659 | 2,125,324 | 2,423,949 | 1,422,165 | 1,119,582 | 694,931 |
| total shareholders funds | 21,082,864 | 17,724,788 | 17,484,289 | 15,536,078 | 12,360,960 | 8,584,747 | 7,121,294 | 4,050,031 | 2,458,659 | 2,125,324 | 2,423,949 | 1,422,165 | 1,119,582 | 694,931 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 3,191,430 | 537,455 | 2,760,711 | 3,871,614 | 4,656,952 | 1,467,613 | 3,027,572 | 1,895,555 | 4,151,283 | 2,510,192 | 1,325,627 | 441,985 | 587,327 | 1,230,548 |
| Depreciation | 1,895,316 | 545,137 | 30,303 | 9,716 | 9,713 | 9,715 | 9,716 | 0 | 14,571 | 5,400 | 5,400 | 5,400 | 5,400 | 5,400 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,661 | 3,660 | 3,660 | 3,660 | 3,660 | 3,705 |
| Tax | 112,452 | -326,372 | -847,812 | -750,880 | -889,549 | -56,244 | 22,962 | -412,023 | -880,457 | -809,593 | -323,887 | -127,417 | -162,940 | -336,551 |
| Stock | 1,518,161 | 2,034,992 | 548,608 | 188,765 | 268,566 | 208,538 | 362,771 | -295,613 | 355,595 | 321,743 | -6,543 | -143,114 | 261,942 | 316,619 |
| Debtors | -874,587 | -4,835,551 | 2,432,857 | -1,052,619 | 1,586,460 | 2,643,972 | 3,265,091 | 5,680,312 | 729,566 | 1,007,289 | 1,524,473 | -1,005,825 | 730,679 | 4,707,229 |
| Creditors | 1,085,025 | 685,912 | 6,032,891 | 1,241,836 | 638,460 | 2,873,164 | -2,987,758 | 3,395,667 | -9,169 | 1,258,004 | 675,636 | -976,811 | 851,787 | 3,614,973 |
| Accruals and Deferred Income | -697,801 | 1,540,637 | 50,031 | 244,240 | 225,079 | 297,897 | -237,450 | 201,663 | -171,633 | 378,979 | 239,903 | 15,589 | -521,283 | 899,704 |
| Deferred Taxes & Provisions | -228,763 | 480,531 | 1,350,558 | 0 | 0 | 0 | -3,823 | 3,823 | 0 | 0 | -1,450 | -50 | 500 | 1,000 |
| Cash flow from operations | 4,714,085 | 6,263,859 | 6,395,217 | 5,480,380 | 2,785,629 | 1,739,635 | -3,796,643 | -300,014 | 2,023,095 | 2,017,610 | 406,959 | 511,295 | -228,170 | 394,931 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -513,427 | 9,707,637 | -183,131 | -6,056,407 | -2,030,459 | -163,096 | 849,084 | 138,814 | 4,472,965 | 2,972,230 | 0 | 0 | -599,593 | 599,593 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -145,000 | 80,000 | 65,000 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -435,876 | 238,141 | 197,735 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | ||||||||||||||
| interest | 54,194 | 29,416 | 35,312 | 54,384 | 8,810 | 52,084 | 20,729 | 107,840 | 62,509 | 776 | 44 | -11,985 | 264 | 0 |
| cash flow from financing | -459,233 | 9,737,053 | -147,819 | -6,002,023 | -2,021,649 | -111,012 | 869,813 | 246,654 | 4,535,474 | 2,973,006 | 44 | -592,861 | -281,188 | 1,713,262 |
| cash and cash equivalents | ||||||||||||||
| cash | -765,465 | 1,779,599 | -2,495,813 | -857,944 | 763,980 | 1,628,623 | -2,926,830 | -43,644 | 3,558,569 | 2,990,616 | 407,003 | -81,566 | -509,358 | 934,532 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -765,465 | 1,779,599 | -2,495,813 | -857,944 | 763,980 | 1,628,623 | -2,926,830 | -43,644 | 3,558,569 | 2,990,616 | 407,003 | -81,566 | -509,358 | 934,532 |
salisbury poultry (midlands) limited Credit Report and Business Information
Salisbury Poultry (midlands) Limited Competitor Analysis
Perform a competitor analysis for salisbury poultry (midlands) limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in WV14 area or any other competitors across 12 key performance metrics.
salisbury poultry (midlands) limited Ownership
SALISBURY POULTRY (MIDLANDS) LIMITED group structure
Salisbury Poultry (Midlands) Limited has no subsidiary companies.
Ultimate parent company
2 parents
SALISBURY POULTRY (MIDLANDS) LIMITED
03073979
salisbury poultry (midlands) limited directors
Salisbury Poultry (Midlands) Limited currently has 9 directors. The longest serving directors include Mr Tilk Mehta (Jun 1995) and Mrs Kaljinder Mehta (Mar 1999).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Tilk Mehta | England | 60 years | Jun 1995 | - | Director |
| Mrs Kaljinder Mehta | England | 55 years | Mar 1999 | - | Director |
| Mr Gurinder Sehmi | England | 59 years | Oct 2016 | - | Director |
| Mr Mulkh Mehta | England | 61 years | Oct 2016 | - | Director |
| Mr Haresh Mehta | England | 34 years | Oct 2016 | - | Director |
| Mr Stephen Hammond | 52 years | Apr 2019 | - | Director | |
| Mr Ricky Mehta | 29 years | Apr 2019 | - | Director | |
| Mr Andrew Dooley | England | 56 years | Apr 2024 | - | Director |
| Mr Kieran Mehta | United Kingdom | 28 years | Apr 2024 | - | Director |
P&L
December 2023turnover
197.6m
+19%
operating profit
3.2m
+494%
gross margin
7.6%
+35.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
21.1m
+0.19%
total assets
52.7m
+0.06%
cash
4.4m
-0.15%
net assets
Total assets minus all liabilities
salisbury poultry (midlands) limited company details
company number
03073979
Type
Private limited with Share Capital
industry
10120 - Processing and preserving of poultry meat
incorporation date
June 1995
age
29
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
COOPER PARRY GROUP LIMITED
address
salisbury court, hare street, bilston, west midlands, WV14 7DX
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
salisbury poultry (midlands) 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 10 charges/mortgages relating to salisbury poultry (midlands) limited. Currently there are 3 open charges and 7 have been satisfied in the past.
salisbury poultry (midlands) 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 SALISBURY POULTRY (MIDLANDS) LIMITED. This can take several minutes, an email will notify you when this has completed.
salisbury poultry (midlands) limited Companies House Filings - See Documents
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