montana bakery limited Company Information
Company Number
03298641
Next Accounts
Sep 2025
Shareholders
diversi foods nv
Group Structure
View All
Industry
Manufacture of bread; manufacture of fresh pastry goods and cakes
Registered Address
blackthorne road, colnbrook, slough, berkshire, SL3 0AP
Website
www.montanabakery.co.ukmontana bakery limited Estimated Valuation
Pomanda estimates the enterprise value of MONTANA BAKERY LIMITED at £86.7m based on a Turnover of £61.1m and 1.42x industry multiple (adjusted for size and gross margin).
montana bakery limited Estimated Valuation
Pomanda estimates the enterprise value of MONTANA BAKERY LIMITED at £67.1m based on an EBITDA of £6.5m and a 10.35x industry multiple (adjusted for size and gross margin).
montana bakery limited Estimated Valuation
Pomanda estimates the enterprise value of MONTANA BAKERY LIMITED at £37.6m based on Net Assets of £18.1m and 2.08x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Montana Bakery Limited Overview
Montana Bakery Limited is a live company located in slough, SL3 0AP with a Companies House number of 03298641. It operates in the manufacture of bread sector, SIC Code 10710. Founded in January 1997, it's largest shareholder is diversi foods nv with a 100% stake. Montana Bakery Limited is a mature, large sized company, Pomanda has estimated its turnover at £61.1m with high growth in recent years.
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Montana Bakery Limited Health Check
Pomanda's financial health check has awarded Montana Bakery Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 1 areas for improvement. Company Health Check FAQs


9 Strong

2 Regular

1 Weak

Size
annual sales of £61.1m, make it larger than the average company (£15.4m)
£61.1m - Montana Bakery Limited
£15.4m - Industry AVG

Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (9.3%)
17% - Montana Bakery Limited
9.3% - Industry AVG

Production
with a gross margin of 41.9%, this company has a lower cost of product (29%)
41.9% - Montana Bakery Limited
29% - Industry AVG

Profitability
an operating margin of 6.9% make it more profitable than the average company (3.8%)
6.9% - Montana Bakery Limited
3.8% - Industry AVG

Employees
with 453 employees, this is above the industry average (164)
453 - Montana Bakery Limited
164 - Industry AVG

Pay Structure
on an average salary of £42.3k, the company has a higher pay structure (£30.7k)
£42.3k - Montana Bakery Limited
£30.7k - Industry AVG

Efficiency
resulting in sales per employee of £134.9k, this is more efficient (£109.3k)
£134.9k - Montana Bakery Limited
£109.3k - Industry AVG

Debtor Days
it gets paid by customers after 52 days, this is near the average (43 days)
52 days - Montana Bakery Limited
43 days - Industry AVG

Creditor Days
its suppliers are paid after 61 days, this is slower than average (42 days)
61 days - Montana Bakery Limited
42 days - Industry AVG

Stock Days
it holds stock equivalent to 22 days, this is in line with average (25 days)
22 days - Montana Bakery Limited
25 days - Industry AVG

Cash Balance
has cash to cover current liabilities for 24 weeks, this is more cash available to meet short term requirements (10 weeks)
24 weeks - Montana Bakery Limited
10 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 43.9%, this is a lower level of debt than the average (53.9%)
43.9% - Montana Bakery Limited
53.9% - Industry AVG
MONTANA BAKERY LIMITED financials

Montana Bakery Limited's latest turnover from December 2023 is £61.1 million and the company has net assets of £18.1 million. According to their latest financial statements, Montana Bakery Limited has 453 employees and maintains cash reserves of £6.1 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 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 61,132,097 | 57,045,724 | 48,654,683 | 38,558,722 | 34,734,530 | 34,512,860 | 30,073,877 | 20,422,128 | 23,698,489 | 20,827,069 | 19,563,353 | 14,956,146 | 15,534,205 | 15,555,060 | 15,334,648 |
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 35,485,702 | 35,263,831 | 30,084,728 | 23,763,342 | 20,891,114 | 20,460,998 | 17,343,405 | 10,693,503 | 12,355,825 | 10,520,620 | 9,899,066 | 8,905,381 | |||
Gross Profit | 25,646,395 | 21,781,893 | 18,569,955 | 14,795,380 | 13,843,416 | 14,051,862 | 12,730,472 | 9,728,625 | 11,342,664 | 10,306,449 | 9,664,287 | 6,429,267 | |||
Admin Expenses | 21,457,534 | 19,614,199 | 15,387,390 | 13,403,223 | 11,994,123 | 12,419,344 | 11,105,446 | 7,413,637 | 9,196,476 | 9,032,784 | 8,325,919 | 6,322,905 | |||
Operating Profit | 4,188,861 | 2,167,694 | 3,182,565 | 1,392,157 | 1,849,293 | 1,632,518 | 1,625,026 | 2,314,988 | 2,146,188 | 1,273,665 | 1,338,368 | -119,662 | 262,203 | 355,947 | 106,362 |
Interest Payable | 6,036 | 11,243 | 24,947 | 45,269 | 72,750 | 16,344 | 15,725 | 11,918 | 54,126 | 12,381 | 25,158 | 57,743 | 65,525 | 49,119 | 91,346 |
Interest Receivable | 69,545 | 1,350 | 22,325 | 47,127 | 2,882 | 1,081 | 4,000 | 35,546 | 30,250 | 15,000 | 26,500 | 60,893 | |||
Pre-Tax Profit | 4,252,370 | 2,157,801 | 3,157,618 | 1,369,213 | 1,823,670 | 1,619,056 | 1,610,382 | 2,303,070 | 2,092,062 | 1,265,284 | 1,348,756 | -147,155 | 211,678 | 333,328 | 75,909 |
Tax | -1,041,074 | -400,933 | -837,061 | -283,213 | -372,447 | -344,513 | -334,510 | -442,957 | -393,556 | -213,820 | -230,456 | 130,235 | -75,877 | -2,648 | |
Profit After Tax | 3,211,296 | 1,756,868 | 2,320,557 | 1,086,000 | 1,451,223 | 1,274,543 | 1,275,872 | 1,860,113 | 1,698,506 | 1,051,464 | 1,118,300 | -16,920 | 135,801 | 333,328 | 73,261 |
Dividends Paid | 1,000,000 | 1,000,000 | |||||||||||||
Retained Profit | 2,211,296 | 1,756,868 | 2,320,557 | 1,086,000 | 1,451,223 | 1,274,543 | 275,872 | 1,860,113 | 1,698,506 | 1,051,464 | 1,118,300 | -16,920 | 135,801 | 333,328 | 73,261 |
Employee Costs | 19,155,630 | 17,940,392 | 16,261,514 | 13,228,483 | 11,174,176 | 10,236,597 | 9,394,848 | 7,097,290 | 8,100,690 | 6,998,686 | 6,218,860 | 5,126,521 | 5,333,239 | 5,246,632 | 5,529,279 |
Number Of Employees | 453 | 447 | 410 | 407 | 372 | 391 | 353 | 348 | 369 | 331 | 252 | 252 | 247 | 235 | 282 |
EBITDA* | 6,479,936 | 4,198,429 | 5,010,631 | 3,054,423 | 2,671,628 | 2,878,838 | 2,864,285 | 3,143,616 | 3,248,603 | 2,821,338 | 2,889,787 | 1,410,752 | 1,607,908 | 1,618,016 | 1,181,493 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 11,791,876 | 12,195,842 | 12,193,221 | 12,844,041 | 13,369,837 | 9,922,862 | 7,411,912 | 7,009,159 | 5,627,871 | 5,652,867 | 6,489,325 | 7,584,110 | 8,127,434 | 8,812,256 | 8,666,183 |
Intangible Assets | 27,842 | 37,669 | 45,039 | ||||||||||||
Investments & Other | |||||||||||||||
Debtors (Due After 1 year) | 388,641 | 310,000 | 360,000 | 500,000 | 537,390 | ||||||||||
Total Fixed Assets | 11,791,876 | 12,195,842 | 12,193,221 | 12,844,041 | 13,369,837 | 9,922,862 | 7,439,754 | 7,046,828 | 5,672,910 | 5,652,867 | 6,877,966 | 7,894,110 | 8,487,434 | 9,312,256 | 9,203,573 |
Stock & work in progress | 2,194,378 | 1,792,430 | 1,723,179 | 1,320,851 | 1,084,452 | 1,081,411 | 1,161,614 | 908,144 | 714,307 | 732,324 | 472,918 | 471,853 | 421,950 | 372,838 | 309,190 |
Trade Debtors | 8,725,562 | 7,687,839 | 5,131,935 | 4,747,310 | 4,559,663 | 4,142,872 | 3,367,874 | 3,251,042 | 2,818,419 | 2,503,340 | 2,395,399 | 2,244,144 | 1,768,390 | 1,801,841 | 1,900,062 |
Group Debtors | 2,047,480 | 5,456 | 9,936 | 2,694,659 | 2,353,370 | 43,593 | |||||||||
Misc Debtors | 1,372,506 | 1,617,069 | 925,930 | 829,859 | 511,697 | 2,718,254 | 597,458 | 523,002 | 663,390 | 850,289 | 625,135 | 519,920 | 866,386 | 382,164 | 727,379 |
Cash | 6,109,219 | 5,819,651 | 4,598,603 | 4,648,799 | 1,494,580 | 1,797,111 | 2,591,106 | 1,993,684 | 1,016,910 | 425,269 | 194,967 | 19,201 | 55,841 | 12,848 | 22,490 |
misc current assets | |||||||||||||||
total current assets | 20,449,145 | 16,922,445 | 12,379,647 | 11,556,755 | 10,345,051 | 12,093,018 | 7,761,645 | 6,675,872 | 5,213,026 | 4,511,222 | 3,688,419 | 3,255,118 | 3,112,567 | 2,569,691 | 2,959,121 |
total assets | 32,241,021 | 29,118,287 | 24,572,868 | 24,400,796 | 23,714,888 | 22,015,880 | 15,201,399 | 13,722,700 | 10,885,936 | 10,164,089 | 10,566,385 | 11,149,228 | 11,600,001 | 11,881,947 | 12,162,694 |
Bank overdraft | 202,095 | 295,092 | 93,445 | 266,865 | |||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 5,964,191 | 5,603,033 | 4,728,877 | 3,957,141 | 3,155,405 | 2,900,127 | 2,482,740 | 2,681,397 | 1,293,074 | 1,227,000 | 1,338,653 | 1,768,380 | 1,943,262 | 2,126,257 | 2,037,470 |
Group/Directors Accounts | 98,874 | 1,063,797 | 489,233 | 2,760,050 | 3,521,322 | 4,088,240 | 456,642 | 127,534 | 200,000 | ||||||
other short term finances | 519,110 | 1,064,722 | 927,270 | 1,043,174 | 1,175,371 | ||||||||||
hp & lease commitments | 25,811 | 104,864 | 174,141 | 164,992 | 164,992 | 286,699 | 331,238 | 536,690 | 559,951 | 557,808 | |||||
other current liabilities | 6,847,654 | 5,308,555 | 4,333,536 | 5,180,589 | 5,586,633 | 5,187,797 | 3,599,072 | 2,406,496 | 2,557,016 | 1,085,270 | 1,001,789 | 931,306 | 629,909 | 417,707 | 504,019 |
total current liabilities | 12,910,719 | 11,975,385 | 9,551,646 | 11,897,780 | 12,289,171 | 12,281,028 | 6,712,595 | 5,380,419 | 4,215,082 | 2,312,270 | 3,146,251 | 4,297,741 | 4,332,223 | 4,240,534 | 4,541,533 |
loans | 434,941 | 3,375,000 | 4,161,260 | 4,591,260 | 4,591,260 | 4,611,260 | 4,361,260 | ||||||||
hp & lease commitments | 25,811 | 121,755 | 296,743 | 286,699 | 613,163 | 1,175,506 | 1,738,582 | ||||||||
Accruals and Deferred Income | 100,000 | ||||||||||||||
other liabilities | 100 | ||||||||||||||
provisions | 1,252,132 | 1,276,028 | 911,216 | 713,567 | 622,268 | 456,715 | 389,166 | 343,627 | 394,115 | 333,527 | 167,046 | 72,907 | |||
total long term liabilities | 1,252,132 | 1,276,028 | 911,216 | 713,567 | 722,268 | 482,526 | 511,021 | 640,370 | 829,056 | 3,708,527 | 4,328,306 | 4,877,959 | 5,277,330 | 5,786,766 | 6,099,842 |
total liabilities | 14,162,851 | 13,251,413 | 10,462,862 | 12,611,347 | 13,011,439 | 12,763,554 | 7,223,616 | 6,020,789 | 5,044,138 | 6,020,797 | 7,474,557 | 9,175,700 | 9,609,553 | 10,027,300 | 10,641,375 |
net assets | 18,078,170 | 15,866,874 | 14,110,006 | 11,789,449 | 10,703,449 | 9,252,326 | 7,977,783 | 7,701,911 | 5,841,798 | 4,143,292 | 3,091,828 | 1,973,528 | 1,990,448 | 1,854,647 | 1,521,319 |
total shareholders funds | 18,078,170 | 15,866,874 | 14,110,006 | 11,789,449 | 10,703,449 | 9,252,326 | 7,977,783 | 7,701,911 | 5,841,798 | 4,143,292 | 3,091,828 | 1,973,528 | 1,990,448 | 1,854,647 | 1,521,319 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 4,188,861 | 2,167,694 | 3,182,565 | 1,392,157 | 1,849,293 | 1,632,518 | 1,625,026 | 2,314,988 | 2,146,188 | 1,273,665 | 1,338,368 | -119,662 | 262,203 | 355,947 | 106,362 |
Depreciation | 2,291,075 | 2,030,735 | 1,828,066 | 1,662,266 | 822,335 | 1,236,493 | 1,229,432 | 828,628 | 1,102,415 | 1,547,673 | 1,551,419 | 1,530,414 | 1,345,705 | 1,262,069 | 1,075,131 |
Amortisation | 9,827 | 9,827 | |||||||||||||
Tax | -1,041,074 | -400,933 | -837,061 | -283,213 | -372,447 | -344,513 | -334,510 | -442,957 | -393,556 | -213,820 | -230,456 | 130,235 | -75,877 | -2,648 | |
Stock | 401,948 | 69,251 | 402,328 | 236,399 | 3,041 | -80,203 | 253,470 | 175,820 | -18,017 | 259,406 | 1,065 | 49,903 | 49,112 | 63,648 | 309,190 |
Debtors | 2,835,184 | 3,252,499 | 470,760 | -2,178,914 | -1,448,477 | 5,205,571 | 234,881 | 420,415 | 128,180 | -55,546 | 335,111 | 79,288 | 310,771 | -480,826 | 3,164,831 |
Creditors | 361,158 | 874,156 | 771,736 | 801,736 | 255,278 | 417,387 | -198,657 | 1,454,397 | 66,074 | -111,653 | -429,727 | -174,882 | -182,995 | 88,787 | 2,037,470 |
Accruals and Deferred Income | 1,539,099 | 975,019 | -847,053 | -506,044 | 498,836 | 1,588,725 | 1,192,576 | 1,321,226 | 1,471,746 | 83,481 | 70,483 | 301,397 | 212,202 | -86,312 | 504,019 |
Deferred Taxes & Provisions | -23,896 | 364,812 | 197,649 | 91,299 | 165,553 | 67,549 | 45,539 | 10,100 | 60,588 | 166,481 | 167,046 | -72,907 | 72,907 | ||
Cash flow from operations | 4,078,091 | 2,689,733 | 3,422,814 | 5,100,716 | 4,664,284 | -517,382 | 3,080,882 | 4,890,147 | 4,343,292 | 2,541,967 | 2,130,957 | 1,465,404 | 1,274,262 | 2,037,669 | 246,313 |
Investing Activities | |||||||||||||||
capital expenditure | -3,872,942 | -1,632,185 | -2,167,081 | -235,037 | -807,457 | -462,353 | -1,019,545 | -660,113 | -1,417,077 | -1,419,229 | |||||
Change in Investments | |||||||||||||||
cash flow from investments | -3,872,942 | -1,632,185 | -2,167,081 | -235,037 | -807,457 | -462,353 | -1,019,545 | -660,113 | -1,417,077 | -1,419,229 | |||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | -964,923 | 574,564 | -2,270,817 | -761,272 | -566,918 | 3,631,598 | 329,108 | 127,534 | 200,000 | ||||||
Other Short Term Loans | -519,110 | -545,612 | 137,452 | -115,904 | -132,197 | 1,175,371 | |||||||||
Long term loans | -3,375,000 | -2,940,059 | -786,260 | -430,000 | -20,000 | 250,000 | 4,361,260 | ||||||||
Hire Purchase and Lease Commitments | -25,811 | -104,864 | -165,221 | -165,839 | 461,735 | 164,992 | -286,699 | -331,238 | -531,916 | -585,604 | -560,933 | 2,296,390 | |||
other long term liabilities | -100 | 100 | |||||||||||||
share issue | |||||||||||||||
interest | 63,509 | -9,893 | -24,947 | -22,944 | -25,623 | -13,462 | -14,644 | -11,918 | -54,126 | -8,381 | 10,388 | -27,493 | -50,525 | -22,619 | -30,453 |
cash flow from financing | -901,414 | 564,671 | -2,295,764 | -810,027 | -697,505 | 3,452,815 | 148,725 | -1,099,143 | -2,629,193 | -1,600,450 | -1,296,462 | -421,957 | -772,033 | -465,749 | 9,250,626 |
cash and cash equivalents | |||||||||||||||
cash | 289,568 | 1,221,048 | -50,196 | 3,154,219 | -302,531 | -793,995 | 597,422 | 1,568,415 | 591,641 | 230,302 | 175,766 | -36,640 | 42,993 | -9,642 | 22,490 |
overdraft | -202,095 | -92,997 | 201,647 | -173,420 | 266,865 | ||||||||||
change in cash | 289,568 | 1,221,048 | -50,196 | 3,154,219 | -302,531 | -793,995 | 597,422 | 1,568,415 | 591,641 | 230,302 | 377,861 | 56,357 | -158,654 | 163,778 | -244,375 |
montana bakery limited Credit Report and Business Information
Montana Bakery Limited Competitor Analysis

Perform a competitor analysis for montana bakery limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in SL3 area or any other competitors across 12 key performance metrics.
montana bakery limited Ownership
MONTANA BAKERY LIMITED group structure
Montana Bakery Limited has 1 subsidiary company.
Ultimate parent company
DR AUGUST OETKER KG
#0118658
DIVERSI FOODS N.V.
#0092485
2 parents
MONTANA BAKERY LIMITED
03298641
1 subsidiary
montana bakery limited directors
Montana Bakery Limited currently has 3 directors. The longest serving directors include Mr Jonathan Mellows (Jan 2016) and Mr Christian Tomasch (Jan 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Jonathan Mellows | United Kingdom | 56 years | Jan 2016 | - | Director |
Mr Christian Tomasch | United Kingdom | 58 years | Jan 2021 | - | Director |
Franky De Grave | United Kingdom | 50 years | Jan 2021 | - | Director |
P&L
December 2023turnover
61.1m
+7%
operating profit
4.2m
+93%
gross margin
42%
+9.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
18.1m
+0.14%
total assets
32.2m
+0.11%
cash
6.1m
+0.05%
net assets
Total assets minus all liabilities
montana bakery limited company details
company number
03298641
Type
Private limited with Share Capital
industry
10710 - Manufacture of bread; manufacture of fresh pastry goods and cakes
incorporation date
January 1997
age
28
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
RSM UK AUDIT LLP
address
blackthorne road, colnbrook, slough, berkshire, SL3 0AP
Bank
BARCLAYS BANK PLC
Legal Advisor
-
montana bakery 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 8 charges/mortgages relating to montana bakery limited. Currently there are 2 open charges and 6 have been satisfied in the past.
montana bakery 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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montana bakery limited Companies House Filings - See Documents
date | description | view/download |
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