Pomanda estimates the enterprise value of SUNCROP PRODUCE LIMITED at £21m based on a Turnover of £50.3m and 0.42x industry multiple (adjusted for size and gross margin).
suncrop produce limitedEstimated Valuation
£8.5m
Pomanda estimates the enterprise value of SUNCROP PRODUCE LIMITED at £8.5m based on an EBITDA of £1.6m and a 5.33x industry multiple (adjusted for size and gross margin).
suncrop produce limitedEstimated Valuation
£9.8m
Pomanda estimates the enterprise value of SUNCROP PRODUCE LIMITED at £9.8m based on Net Assets of £5.1m and 1.94x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Suncrop Produce LimitedOverview
Suncrop Produce Limited is a live company located in harlow, CM18 7EZ with a Companies House number of 03255798. It operates in the wholesale of fruit and vegetables sector, SIC Code 46310. Founded in September 1996, it's largest shareholder is
david russell lynch
with a 51% stake. Suncrop Produce Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£50.3m with
low
growth in recent years.
Pomanda's financial health check has awarded Suncrop Produce Limited a 4.5 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
Health Rating4.5out of 5
5 Strong
2 Regular
5 Weak
Size
annual sales of £50.3m, make it larger than the average company (£23.9m)
£50.3m - Suncrop Produce Limited
£23.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (5.8%)
1% - Suncrop Produce Limited
5.8% - Industry AVG
Production
with a gross margin of 5.4%, this company has a higher cost of product (11%)
5.4% - Suncrop Produce Limited
11% - Industry AVG
Profitability
an operating margin of 3.1% make it more profitable than the average company (2.3%)
3.1% - Suncrop Produce Limited
2.3% - Industry AVG
Employees
with 14 employees, this is below the industry average (46)
14 - Suncrop Produce Limited
46 - Industry AVG
Pay Structure
on an average salary of £71.4k, the company has a higher pay structure (£36.2k)
£71.4k - Suncrop Produce Limited
£36.2k - Industry AVG
Efficiency
resulting in sales per employee of £3.6m, this is more efficient (£462.6k)
£3.6m - Suncrop Produce Limited
£462.6k - Industry AVG
Debtor Days
it gets paid by customers after 36 days, this is near the average (33 days)
36 days - Suncrop Produce Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is slower than average (35 days)
44 days - Suncrop Produce Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (8 days)
2 days - Suncrop Produce Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 6 weeks, this is less cash available to meet short term requirements (11 weeks)
6 weeks - Suncrop Produce Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.1%, this is a similar level of debt than the average (62.3%)
68.1% - Suncrop Produce Limited
62.3% - Industry AVG
SUNCROP PRODUCE LIMITED financials
EXPORT
Suncrop Produce Limited's latest turnover from September 2023 is £50.3 million and the company has net assets of £5.1 million. According to their latest financial statements, Suncrop Produce Limited has 14 employees and maintains cash reserves of £1.3 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
50,337,258
50,296,644
48,332,901
49,395,572
42,321,277
38,072,427
34,598,037
32,576,879
31,858,970
30,786,328
30,003,571
28,257,266
21,723,858
19,446,640
Other Income Or Grants
Cost Of Sales
47,617,486
47,466,701
45,796,411
45,986,901
40,345,756
36,662,493
33,254,232
31,434,608
30,620,913
27,612,176
26,958,665
25,388,166
21,041,426
17,472,874
Gross Profit
2,719,772
2,829,943
2,536,490
3,408,671
1,975,521
1,409,934
1,343,805
1,142,271
1,238,057
3,174,152
3,044,906
2,869,100
682,432
1,973,765
Admin Expenses
1,186,865
1,189,996
1,727,556
1,712,646
1,370,923
1,134,732
1,159,840
930,164
672,221
2,523,492
2,625,696
2,487,080
122,390
1,905,900
-599,546
Operating Profit
1,532,907
1,639,947
808,934
1,696,025
604,598
275,202
183,965
212,107
565,836
650,660
419,210
382,020
560,042
67,865
599,546
Interest Payable
58,780
63,118
67,226
89,571
62,177
9,536
11,222
9,270
10,448
11,716
11,670
11,852
14,780
Interest Receivable
7,543
943
287
328
590
277
358
58
120
48
82
62
23
5
4
Pre-Tax Profit
1,481,670
1,577,772
741,995
1,606,782
543,011
265,943
173,101
202,895
555,508
638,992
407,622
370,230
545,285
67,871
599,550
Tax
-210,511
-330,462
-168,494
-319,188
-116,044
-53,901
-33,191
-48,736
-116,989
-142,068
-96,491
-83,044
-135,656
-19,004
-167,874
Profit After Tax
1,271,159
1,247,310
573,501
1,287,594
426,967
212,042
139,910
154,159
438,519
496,924
311,131
287,186
409,629
48,867
431,676
Dividends Paid
129,064
127,101
98,715
183,434
112,500
135,000
135,000
360,000
180,000
400,000
400,000
400,000
Retained Profit
1,142,095
1,120,209
474,786
1,104,160
426,967
99,542
4,910
19,159
78,519
316,924
-88,869
-112,814
9,629
48,867
431,676
Employee Costs
999,298
1,153,922
1,102,535
1,204,659
1,018,166
1,016,427
883,414
576,947
397,174
427,786
426,805
326,054
286,662
1,180,031
Number Of Employees
14
14
15
17
17
16
15
14
13
12
12
8
8
41
EBITDA*
1,593,208
1,701,497
926,666
1,796,794
741,044
367,333
274,804
299,230
625,347
692,829
461,537
422,295
587,915
96,413
630,152
* 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
80,534
232,350
283,718
3,040,464
3,089,047
246,696
313,166
372,192
250,267
235,961
267,241
268,041
248,947
241,123
255,182
Intangible Assets
Investments & Other
3,450,000
3,452,608
2,961,665
250,000
250,000
250,001
Debtors (Due After 1 year)
1,500
Total Fixed Assets
3,532,034
3,684,958
3,245,383
3,290,464
3,339,047
496,697
313,166
372,192
250,267
235,961
267,241
268,041
248,947
241,123
255,182
Stock & work in progress
322,647
369,252
357,058
353,299
272,728
217,668
162,310
192,722
149,634
91,020
58,146
122,966
121,184
65,002
32,665
Trade Debtors
5,029,597
4,671,625
4,233,682
4,513,332
3,514,977
3,137,301
3,176,661
3,026,888
2,297,810
1,947,473
1,867,198
2,367,139
1,706,849
1,780,179
1,556,232
Group Debtors
Misc Debtors
5,721,049
5,111,611
3,808,091
3,483,994
3,894,176
3,777,285
1,701,530
1,351,067
1,268,904
1,196,036
1,106,901
1,334,819
1,582,476
1,013,542
732,454
Cash
1,299,781
266,727
829,628
1,631,720
126,563
228,414
2,951
2,498
288,674
390,182
307,480
47,804
195,631
644
1,498
misc current assets
total current assets
12,373,074
10,419,215
9,228,459
9,982,345
7,808,444
7,360,668
5,043,452
4,573,175
4,005,022
3,624,711
3,339,725
3,872,728
3,606,140
2,859,367
2,322,849
total assets
15,905,108
14,104,173
12,473,842
13,272,809
11,147,491
7,857,365
5,356,618
4,945,367
4,255,289
3,860,672
3,606,966
4,140,769
3,855,087
3,100,490
2,578,031
Bank overdraft
245,237
77,542
440,196
1,486,677
1,422,949
270,204
139,705
358,549
361,890
Bank loan
1,495,176
113,007
113,007
109,018
104,622
Trade Creditors
5,854,881
5,351,895
4,531,460
5,175,553
6,123,174
4,874,680
4,061,872
3,853,600
2,881,291
2,442,483
2,788,706
3,016,548
3,035,174
2,596,623
2,123,031
Group/Directors Accounts
other short term finances
hp & lease commitments
10,733
10,733
24,525
23,174
other current liabilities
3,110,955
2,979,490
3,336,892
3,418,115
363,993
752,043
313,202
234,709
331,367
419,440
487,593
722,188
305,066
total current liabilities
10,706,249
8,521,934
7,981,359
9,142,882
8,078,466
7,049,672
4,645,278
4,228,014
3,571,207
3,234,546
3,287,032
3,763,261
3,340,240
2,619,797
2,123,031
loans
1,499,511
1,612,516
1,725,531
1,834,365
hp & lease commitments
20,563
31,295
24,525
23,174
Accruals and Deferred Income
13,272
39,816
other liabilities
66,361
65,576
provisions
109,677
109,097
3,189
14,112
total long term liabilities
122,949
1,648,424
1,678,877
1,791,107
1,834,365
3,189
14,112
20,563
31,295
24,525
23,174
total liabilities
10,829,198
10,170,358
9,660,236
10,933,989
9,912,831
7,049,672
4,648,467
4,242,126
3,571,207
3,255,109
3,318,327
3,763,261
3,364,765
2,619,797
2,146,205
net assets
5,075,910
3,933,815
2,813,606
2,338,820
1,234,660
807,693
708,151
703,241
684,082
605,563
288,639
377,508
490,322
480,693
431,826
total shareholders funds
5,075,910
3,933,815
2,813,606
2,338,820
1,234,660
807,693
708,151
703,241
684,082
605,563
288,639
377,508
490,322
480,693
431,826
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
1,532,907
1,639,947
808,934
1,696,025
604,598
275,202
183,965
212,107
565,836
650,660
419,210
382,020
560,042
67,865
599,546
Depreciation
60,301
61,550
117,732
100,769
136,446
92,131
90,839
87,123
59,511
42,169
42,327
40,275
27,873
28,548
30,606
Amortisation
Tax
-210,511
-330,462
-168,494
-319,188
-116,044
-53,901
-33,191
-48,736
-116,989
-142,068
-96,491
-83,044
-135,656
-19,004
-167,874
Stock
-46,605
12,194
3,759
80,571
55,060
55,358
-30,412
43,088
58,614
32,874
-64,820
1,782
56,182
32,337
32,665
Debtors
968,910
1,741,463
44,447
588,173
494,567
2,036,395
500,236
811,241
423,205
169,410
-727,859
412,633
495,604
505,035
2,288,686
Creditors
502,986
820,435
-644,093
-947,621
1,248,494
812,808
208,272
972,309
438,808
-346,223
-227,842
-18,626
438,551
473,592
2,123,031
Accruals and Deferred Income
104,921
-317,586
-81,223
3,054,122
-388,050
438,841
78,493
-96,658
-88,073
-68,153
-234,595
417,122
305,066
Deferred Taxes & Provisions
580
109,097
-3,189
-10,923
14,112
Cash flow from operations
1,068,879
229,324
-15,350
2,915,363
935,817
-529,861
47,631
285,928
377,274
-65,899
695,288
323,332
644,090
13,629
263,958
Investing Activities
capital expenditure
-273,562
-29,680
-195,119
-73,817
-10,889
-40,391
-59,369
-32,469
-14,489
-285,788
Change in Investments
-2,608
490,943
2,711,665
-1
250,001
cash flow from investments
2,608
-490,943
-2,711,665
1
-523,563
-29,680
-195,119
-73,817
-10,889
-40,391
-59,369
-32,469
-14,489
-285,788
Financing Activities
Bank loans
1,382,169
3,989
4,396
104,622
Group/Directors Accounts
Other Short Term Loans
Long term loans
-1,499,511
-113,005
-113,015
-108,834
1,834,365
Hire Purchase and Lease Commitments
-31,296
-10,732
17,503
1,351
23,174
other long term liabilities
-66,361
785
65,576
share issue
150
interest
-51,237
-62,175
-66,939
-89,243
-61,587
-9,259
-10,864
-9,212
-10,328
-11,668
-11,588
-11,790
-14,757
5
4
cash flow from financing
-168,579
-241,541
-175,180
-128,105
1,877,400
-9,259
-10,864
-9,212
-41,624
-22,400
5,915
-11,790
-13,406
5
23,328
cash and cash equivalents
cash
1,033,054
-562,901
-802,092
1,505,157
-101,851
225,463
453
-286,176
-101,508
82,702
259,676
-147,827
194,987
-854
1,498
overdraft
167,695
77,542
-440,196
-1,046,481
63,728
1,152,745
130,499
-218,844
-3,341
361,890
change in cash
865,359
-640,443
-361,896
2,551,638
-165,579
-927,282
-130,046
-67,332
-98,167
-279,188
259,676
-147,827
194,987
-854
1,498
suncrop produce limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for suncrop produce limited. Get real-time insights into suncrop produce limited's credit score, group structure and payment trends.
Perform a competitor analysis for suncrop produce 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 CM18 area or any other competitors across 12 key performance metrics.
suncrop produce limited Ownership
SUNCROP PRODUCE LIMITED group structure
Suncrop Produce Limited has no subsidiary companies.
Ultimate parent company
SUNCROP PRODUCE LIMITED
03255798
SUNCROP PRODUCE LIMITED Shareholders
The largest shareholders in Suncrop Produce Limited include David Russell Lynch and Nicola Lynch.
david russell lynch
51%
nicola lynch
49%
suncrop produce limited directors
Suncrop Produce Limited currently has 4 directors.
The longest serving directors include
Mr David Lynch (Sep 1996) and
Mr Adam Woodcock (Oct 2006).
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 8 charges/mortgages relating to suncrop produce limited. Currently there are 8 open charges and 0 have been satisfied in the past.
suncrop produce 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 SUNCROP PRODUCE LIMITED. This can take several minutes, an email will notify you when this has completed.
suncrop produce limitedCompanies House Filings - See Documents
