classic fresh foods limited

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classic fresh foods limited Company Information

Share CLASSIC FRESH FOODS LIMITED

Company Number

03300903

Shareholders

thorogood newco limited

Group Structure

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Industry

Wholesale of fruit and vegetables

 

Registered Address

whitwell house hammonds road, little baddow, chelmsford, essex, CM3 4BQ

classic fresh foods limited Estimated Valuation

£0

Pomanda estimates the enterprise value of CLASSIC FRESH FOODS LIMITED at £0 based on a Turnover of £0 and 0.26x industry multiple (adjusted for size and gross margin).

classic fresh foods limited Estimated Valuation

£0

Pomanda estimates the enterprise value of CLASSIC FRESH FOODS LIMITED at £0 based on an EBITDA of £-66 and a 3.38x industry multiple (adjusted for size and gross margin).

classic fresh foods limited Estimated Valuation

£725.5k

Pomanda estimates the enterprise value of CLASSIC FRESH FOODS LIMITED at £725.5k based on Net Assets of £374.9k and 1.94x industry multiple (adjusted for liquidity).

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Classic Fresh Foods Limited Overview

Classic Fresh Foods Limited is a live company located in chelmsford, CM3 4BQ with a Companies House number of 03300903. It operates in the wholesale of fruit and vegetables sector, SIC Code 46310. Founded in January 1997, it's largest shareholder is thorogood newco limited with a 100% stake. Classic Fresh Foods Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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Classic Fresh Foods Limited Health Check

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CLASSIC FRESH FOODS LIMITED financials

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Classic Fresh Foods Limited's latest turnover from October 2023 is estimated at 0 and the company has net assets of £374.9 thousand. According to their latest financial statements, we estimate that Classic Fresh Foods Limited has no employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover10,408,9948,490,9327,480,3279,267,10510,841,80811,777,20210,568,5106,520,5248,650,3147,498,9427,219,9866,394,9675,523,586
Other Income Or Grants
Cost Of Sales9,196,8577,463,1736,641,3188,181,3149,721,18310,490,7019,447,2945,806,6707,729,7056,709,5856,435,4015,730,6644,948,423
Gross Profit1,212,1371,027,759839,0091,085,7911,120,6251,286,5001,121,216713,853920,609789,357784,585664,302575,163
Admin Expenses67913,668868,631975,997940,1471,086,8701,131,7991,258,086588,2031,000,020750,903739,665650,983571,107214,369
Operating Profit-67298,469159,128-136,988145,64433,755154,701-136,870125,650-79,41138,45444,92013,3194,056-214,369
Interest Payable3,0502,824
Interest Receivable672,9772781961,038668251118891,185994866792696244
Pre-Tax Profit301,446159,406-136,792146,68131,373151,902-136,759126,539-78,22639,44845,78614,1114,751-214,125
Tax-57,275-30,287-27,869-5,961-28,861-25,308-9,073-10,989-3,669-1,330
Profit After Tax244,171129,119-136,792118,81225,412123,041-136,759101,231-78,22630,37534,79710,4423,421-214,125
Dividends Paid
Retained Profit244,171129,119-136,792118,81225,412123,041-136,759101,231-78,22630,37534,79710,4423,421-214,125
Employee Costs1,307,3071,089,8411,523,2701,458,6281,400,9931,494,9011,168,748493,764640,958563,187516,838500,942370,972
Number Of Employees39344747434839172320181613
EBITDA*-67333,864198,171-90,463210,08479,904209,599-102,754159,563-49,24371,97777,31837,59134,813-178,956

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets203,667244,963335,003245,642288,129183,835184,951179,394178,550173,749132,747153,593143,094
Intangible Assets1,740
Investments & Other
Debtors (Due After 1 year)374,919
Total Fixed Assets374,919203,667244,963335,003245,642288,129183,835184,951179,394178,550173,749132,747153,593144,834
Stock & work in progress82,37683,65497,00481,84897,99888,65366,35569,20160,40148,61839,05421,37018,382
Trade Debtors917,902503,110980,3071,038,4371,307,000986,747839,799851,999888,370886,893804,939636,941471,653
Group Debtors
Misc Debtors1,959,391144,481151,164168,989165,025138,204139,243108,635
Cash2,540262,057293,55999,087177,60551919,77169,097286,440187,514209,922136,393180,48597,762
misc current assets
total current assets1,961,9311,406,8161,031,4871,345,3871,462,9151,543,7211,234,4141,083,8861,207,6401,136,2851,145,433980,386838,796587,797
total assets374,9191,961,9311,610,4831,276,4501,680,3901,708,5571,831,8501,418,2491,268,8371,387,0341,314,8351,319,1821,113,133992,389732,631
Bank overdraft90,369
Bank loan
Trade Creditors 740,379758,389618,798759,371979,468981,521981,328626,4681,045,501776,819801,849692,217605,218400,038
Group/Directors Accounts420,629420,629427,896467,180536,324535,114478,585530,242
other short term finances
hp & lease commitments34,14751,10373,10345,47158,94728,99825,977
other current liabilities426,004219,09186,84693,70581,96785,53941,78137,144
total current liabilities1,587,0121,432,2561,184,6431,393,3591,643,2301,751,4901,530,6921,219,8311,045,501776,819801,849692,217605,218400,038
loans
hp & lease commitments34,14785,25022,00067,47116,401
Accruals and Deferred Income
other liabilities26,252434,849553,106562,798501,178477,875425,767
provisions47,47956,03163,36023,71818,69214,839951
total long term liabilities47,47990,178148,61045,71886,16316,40141,091434,849553,106562,798501,178477,875426,718
total liabilities1,587,0121,479,7351,274,8211,541,9691,688,9481,837,6531,547,0931,260,9221,480,3501,329,9251,364,6471,193,3951,083,093826,756
net assets374,919374,919130,7481,629138,42119,609-5,803-128,8447,915-93,316-15,090-45,465-80,262-90,704-94,125
total shareholders funds374,919374,919130,7481,629138,42119,609-5,803-128,8447,915-93,316-15,090-45,465-80,262-90,704-94,125
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit-67298,469159,128-136,988145,64433,755154,701-136,870125,650-79,41138,45444,92013,3194,056-214,369
Depreciation35,39539,04346,52564,44046,14954,89834,11633,91330,16833,52332,39824,27229,01733,673
Amortisation1,7401,740
Tax-57,275-30,287-27,869-5,961-28,861-25,308-9,073-10,989-3,669-1,330
Stock-82,376-1,278-13,35015,156-16,1509,34522,298-2,8468,80011,7839,56417,6842,98818,382
Debtors-1,584,472897,008408,109-495,022-54,166-241,742319,214177,55696,435-36,3711,47781,954167,998165,288471,653
Creditors-740,379-18,010139,591-140,573-220,097-2,053193354,860-419,033268,682-25,030109,63286,999205,180400,038
Accruals and Deferred Income-426,004206,913132,245-6,85911,738-3,57243,7584,63737,144
Deferred Taxes & Provisions-47,479-8,552-7,32939,6425,02618,692-14,83914,839-951951
Cash flow from operations418,022-396,61924,337263,14852,508331,236-85,17842,050-326,384247,01024,61484,443-64,76169,436-268,002
Investing Activities
capital expenditure168,2722,25343,515-153,801-3,662-159,192-33,000-39,470-31,012-38,324-73,400-3,426-39,516-180,247
Change in Investments
cash flow from investments168,2722,25343,515-153,801-3,662-159,192-33,000-39,470-31,012-38,324-73,400-3,426-39,516-180,247
Financing Activities
Bank loans
Group/Directors Accounts-420,629-7,267-39,284-69,1441,21056,529-51,657530,242
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments-34,147-51,103-73,10390,882-58,94781,01919,42225,977
other long term liabilities-26,252-408,597-118,257-9,69261,62023,30352,108425,767
share issue120,000
interest672,9772781961,038-2,382-2,7991118891,185994866792696244
cash flow from financing-420,562-31,170-58,092-112,19122,776-60,119134,749-58,376148,511-117,072-8,69862,48624,09552,804546,011
cash and cash equivalents
cash-2,540-259,517-31,502194,472-78,518177,086-19,252-49,326-217,34398,926-22,40873,529-44,09282,72397,762
overdraft-90,36990,369
change in cash-2,540-259,517-31,502194,472-78,518267,455-109,621-49,326-217,34398,926-22,40873,529-44,09282,72397,762

classic fresh foods limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Classic Fresh Foods Limited Competitor Analysis

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Perform a competitor analysis for classic fresh foods limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mature companies, companies in CM3 area or any other competitors across 12 key performance metrics.

classic fresh foods limited Ownership

CLASSIC FRESH FOODS LIMITED group structure

Classic Fresh Foods Limited has no subsidiary companies.

Ultimate parent company

1 parent

CLASSIC FRESH FOODS LIMITED

03300903

CLASSIC FRESH FOODS LIMITED Shareholders

thorogood newco limited 100%

classic fresh foods limited directors

Classic Fresh Foods Limited currently has 3 directors. The longest serving directors include Mr Andrew Thorogood (Apr 1997) and Mr Timothy Thorogood (Jan 2002).

officercountryagestartendrole
Mr Andrew ThorogoodEngland67 years Apr 1997- Director
Mr Timothy ThorogoodUnited Kingdom70 years Jan 2002- Director
Mr William ThorogoodEngland33 years Sep 2021- Director

P&L

October 2023

turnover

0

-100%

operating profit

-66.7

0%

gross margin

0%

0%

turnover

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

Balance Sheet

October 2023

net assets

374.9k

0%

total assets

374.9k

-0.81%

cash

0

-1%

net assets

Total assets minus all liabilities

classic fresh foods limited company details

company number

03300903

Type

Private limited with Share Capital

industry

46310 - Wholesale of fruit and vegetables

incorporation date

January 1997

age

28

incorporated

UK

ultimate parent company

accounts

Small Company

last accounts submitted

October 2023

previous names

prizebuy limited (May 1997)

accountant

CLEMENCE HOAR CUMMINGS

auditor

-

address

whitwell house hammonds road, little baddow, chelmsford, essex, CM3 4BQ

Bank

GIROBANK PLC

Legal Advisor

-

classic fresh 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 2 charges/mortgages relating to classic fresh foods limited. Currently there are 2 open charges and 0 have been satisfied in the past.

classic fresh 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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classic fresh foods limited Companies House Filings - See Documents

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