Pomanda estimates the enterprise value of WORLDWIDE FRUIT LIMITED at £66.8m based on a Turnover of £157.5m and 0.42x industry multiple (adjusted for size and gross margin).
worldwide fruit limitedEstimated Valuation
£20.2m
Pomanda estimates the enterprise value of WORLDWIDE FRUIT LIMITED at £20.2m based on an EBITDA of £3.6m and a 5.69x industry multiple (adjusted for size and gross margin).
worldwide fruit limitedEstimated Valuation
£11.6m
Pomanda estimates the enterprise value of WORLDWIDE FRUIT LIMITED at £11.6m based on Net Assets of £6.1m and 1.91x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Worldwide Fruit LimitedOverview
Worldwide Fruit Limited is a live company located in spalding, PE11 3BB with a Companies House number of 03831143. It operates in the wholesale of fruit and vegetables sector, SIC Code 46310. Founded in August 1999, it's largest shareholder is
enzafruit new zealand international limited
with a 50% stake. Worldwide Fruit Limited is a mature,
mega sized company, Pomanda has estimated its turnover at
£157.5m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Worldwide Fruit Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
4 Regular
5 Weak
Size
annual sales of £157.5m, make it larger than the average company (£24.8m)
£157.5m - Worldwide Fruit Limited
£24.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Worldwide Fruit Limited
- - Industry AVG
Production
with a gross margin of 6.3%, this company has a higher cost of product (11.9%)
6.3% - Worldwide Fruit Limited
11.9% - Industry AVG
Profitability
an operating margin of 1.5% make it less profitable than the average company (2.3%)
1.5% - Worldwide Fruit Limited
2.3% - Industry AVG
Employees
with 422 employees, this is above the industry average (51)
422 - Worldwide Fruit Limited
51 - Industry AVG
Pay Structure
on an average salary of £34.5k, the company has an equivalent pay structure (£37k)
£34.5k - Worldwide Fruit Limited
£37k - Industry AVG
Efficiency
resulting in sales per employee of £373.3k, this is less efficient (£461.7k)
£373.3k - Worldwide Fruit Limited
£461.7k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is near the average (33 days)
30 days - Worldwide Fruit Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is close to average (33 days)
34 days - Worldwide Fruit Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 7 days, this is in line with average (9 days)
7 days - Worldwide Fruit Limited
9 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (13 weeks)
1 weeks - Worldwide Fruit Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76%, this is a higher level of debt than the average (60.8%)
76% - Worldwide Fruit Limited
60.8% - Industry AVG
WORLDWIDE FRUIT LIMITED financials
EXPORT
Worldwide Fruit Limited's latest turnover from December 2023 is £157.5 million and the company has net assets of £6.1 million. According to their latest financial statements, Worldwide Fruit Limited has 422 employees and maintains cash reserves of £394 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Jan 2021
Dec 2019
Dec 2018
Dec 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jul 2011
Jul 2010
Turnover
157,537,000
166,416,000
219,874,000
222,821,000
160,984,000
155,321,000
204,864,000
119,318,000
111,196,000
116,101,000
113,248,000
104,432,000
98,450,000
94,420,000
Other Income Or Grants
Cost Of Sales
147,547,000
156,528,000
206,801,000
206,132,000
148,197,000
143,713,000
191,823,000
110,143,000
101,384,000
108,381,000
106,512,000
97,512,000
91,285,000
87,877,000
Gross Profit
9,990,000
9,888,000
13,073,000
16,689,000
12,787,000
11,608,000
13,041,000
9,175,000
9,812,000
7,720,000
6,736,000
6,920,000
7,165,000
6,543,000
Admin Expenses
7,666,000
7,535,000
9,015,000
12,705,000
9,762,000
8,950,000
9,927,000
6,294,000
6,722,000
5,618,000
4,990,000
4,882,000
5,069,000
4,464,000
Operating Profit
2,324,000
2,353,000
4,058,000
3,984,000
3,025,000
2,658,000
3,114,000
2,881,000
3,090,000
2,102,000
1,746,000
2,038,000
2,096,000
2,079,000
Interest Payable
108,000
44,000
70,000
72,000
61,000
72,000
133,000
104,000
126,000
100,000
211,000
275,000
369,000
518,000
Interest Receivable
64,000
24,000
2,000
9,000
12,000
53,000
56,000
24,000
5,000
7,000
3,000
2,000
2,000
8,000
Pre-Tax Profit
2,380,000
2,416,000
4,070,000
4,021,000
3,016,000
2,637,000
3,037,000
2,801,000
2,969,000
2,009,000
1,538,000
1,765,000
1,696,000
1,533,000
Tax
-608,000
-427,000
-899,000
-626,000
-805,000
-505,000
-618,000
-625,000
-603,000
-415,000
-424,000
-502,000
-532,000
-380,000
Profit After Tax
1,772,000
1,989,000
3,171,000
3,395,000
2,211,000
2,132,000
2,419,000
2,176,000
2,366,000
1,594,000
1,114,000
1,263,000
1,164,000
1,153,000
Dividends Paid
1,989,000
3,200,000
2,395,000
3,200,000
2,700,000
1,200,000
1,800,000
1,800,000
800,000
600,000
Retained Profit
-217,000
-1,211,000
776,000
195,000
-489,000
932,000
619,000
376,000
1,566,000
994,000
1,114,000
1,263,000
1,164,000
1,153,000
Employee Costs
14,566,000
14,648,000
15,484,000
15,496,000
12,261,000
11,595,000
14,933,000
8,841,000
8,606,000
7,536,000
6,855,000
6,521,000
6,704,000
5,651,000
Number Of Employees
422
453
468
470
385
373
327
286
261
257
257
235
231
192
EBITDA*
3,550,000
3,431,000
5,118,000
4,831,000
3,864,000
3,464,000
4,243,000
3,566,000
3,737,000
2,671,000
2,311,000
2,599,000
2,715,000
2,723,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Jan 2021
Dec 2019
Dec 2018
Dec 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jul 2011
Jul 2010
Tangible Assets
7,066,000
7,797,000
7,375,000
8,195,000
6,522,000
6,822,000
7,332,000
7,712,000
7,975,000
6,233,000
5,792,000
6,226,000
6,048,000
6,416,000
Intangible Assets
50,000
208,000
340,000
530,000
303,000
376,000
450,000
523,000
596,000
1,003,000
Investments & Other
100,000
100,000
100,000
100,000
100,000
100,000
100,000
Debtors (Due After 1 year)
Total Fixed Assets
7,066,000
7,797,000
7,475,000
8,295,000
6,672,000
7,130,000
7,772,000
8,342,000
8,378,000
6,609,000
6,242,000
6,749,000
6,644,000
7,419,000
Stock & work in progress
3,151,000
3,933,000
4,084,000
3,674,000
3,144,000
2,351,000
2,388,000
2,691,000
2,558,000
3,616,000
3,400,000
2,443,000
2,570,000
3,392,000
Trade Debtors
13,362,000
9,510,000
11,141,000
15,964,000
12,430,000
11,818,000
11,916,000
8,960,000
9,302,000
9,214,000
7,775,000
8,222,000
6,464,000
4,586,000
Group Debtors
Misc Debtors
1,364,000
3,034,000
1,352,000
1,598,000
1,982,000
2,448,000
1,954,000
1,345,000
1,310,000
1,212,000
1,387,000
1,300,000
1,309,000
1,001,000
Cash
394,000
1,291,000
4,149,000
3,947,000
2,304,000
1,708,000
774,000
1,323,000
1,124,000
1,344,000
1,053,000
62,000
210,000
1,714,000
misc current assets
total current assets
18,271,000
17,768,000
20,726,000
25,183,000
19,860,000
18,325,000
17,032,000
14,319,000
14,294,000
15,386,000
13,615,000
12,027,000
10,553,000
10,693,000
total assets
25,337,000
25,565,000
28,201,000
33,478,000
26,532,000
25,455,000
24,804,000
22,661,000
22,672,000
21,995,000
19,857,000
18,776,000
17,197,000
18,112,000
Bank overdraft
455,000
1,309,000
594,000
1,066,000
642,000
2,035,000
739,000
440,000
2,850,000
Bank loan
440,000
300,000
300,000
300,000
3,000,000
Trade Creditors
13,966,000
14,128,000
15,448,000
19,335,000
15,589,000
14,528,000
13,909,000
11,026,000
10,873,000
12,957,000
12,494,000
11,061,000
9,859,000
9,176,000
Group/Directors Accounts
other short term finances
hp & lease commitments
193,000
44,000
51,000
60,000
57,000
54,000
52,000
4,000
41,000
84,000
other current liabilities
3,032,000
2,340,000
2,927,000
4,193,000
2,516,000
1,593,000
1,813,000
2,705,000
2,747,000
2,598,000
1,183,000
2,356,000
2,960,000
1,741,000
total current liabilities
17,646,000
17,777,000
18,969,000
24,594,000
18,747,000
18,200,000
16,512,000
14,231,000
14,117,000
15,909,000
14,029,000
13,721,000
15,860,000
13,851,000
loans
270,000
719,000
1,168,000
1,762,000
962,000
1,925,000
2,695,000
3,135,000
2,175,000
2,400,000
2,700,000
4,000,000
hp & lease commitments
628,000
44,000
31,000
92,000
149,000
203,000
4,000
45,000
Accruals and Deferred Income
other liabilities
100,000
provisions
710,000
769,000
553,000
387,000
283,000
226,000
226,000
226,000
226,000
226,000
183,000
177,000
168,000
115,000
total long term liabilities
1,608,000
1,488,000
1,721,000
2,149,000
1,245,000
226,000
2,195,000
2,952,000
3,453,000
2,550,000
2,786,000
2,877,000
172,000
4,260,000
total liabilities
19,254,000
19,265,000
20,690,000
26,743,000
19,992,000
18,426,000
18,707,000
17,183,000
17,570,000
18,459,000
16,815,000
16,598,000
16,032,000
18,111,000
net assets
6,083,000
6,300,000
7,511,000
6,735,000
6,540,000
7,029,000
6,097,000
5,478,000
5,102,000
3,536,000
3,042,000
2,178,000
1,165,000
1,000
total shareholders funds
6,083,000
6,300,000
7,511,000
6,735,000
6,540,000
7,029,000
6,097,000
5,478,000
5,102,000
3,536,000
3,042,000
2,178,000
1,165,000
1,000
Dec 2023
Dec 2022
Dec 2021
Jan 2021
Dec 2019
Dec 2018
Dec 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jul 2011
Jul 2010
Operating Activities
Operating Profit
2,324,000
2,353,000
4,058,000
3,984,000
3,025,000
2,658,000
3,114,000
2,881,000
3,090,000
2,102,000
1,746,000
2,038,000
2,096,000
2,079,000
Depreciation
1,226,000
1,078,000
1,060,000
797,000
681,000
674,000
939,000
612,000
574,000
495,000
492,000
488,000
539,000
593,000
Amortisation
50,000
158,000
132,000
190,000
73,000
73,000
74,000
73,000
73,000
80,000
51,000
Tax
-608,000
-427,000
-899,000
-626,000
-805,000
-505,000
-618,000
-625,000
-603,000
-415,000
-424,000
-502,000
-532,000
-380,000
Stock
-782,000
-151,000
4,084,000
3,674,000
793,000
-37,000
-303,000
133,000
-1,058,000
216,000
957,000
-127,000
-822,000
3,392,000
Debtors
2,182,000
51,000
12,493,000
17,562,000
146,000
396,000
3,565,000
-307,000
186,000
1,264,000
-360,000
1,749,000
2,186,000
5,587,000
Creditors
-162,000
-1,320,000
15,448,000
19,335,000
1,061,000
619,000
2,883,000
153,000
-2,084,000
463,000
1,433,000
1,202,000
683,000
9,176,000
Accruals and Deferred Income
692,000
-587,000
2,927,000
4,193,000
923,000
-220,000
-892,000
-42,000
149,000
1,415,000
-1,173,000
-604,000
1,219,000
1,741,000
Deferred Taxes & Provisions
-59,000
216,000
553,000
387,000
57,000
43,000
6,000
9,000
53,000
115,000
Cash flow from operations
2,013,000
1,413,000
6,570,000
6,884,000
4,161,000
2,999,000
2,354,000
3,226,000
2,071,000
2,697,000
1,556,000
1,082,000
2,774,000
4,396,000
Investing Activities
capital expenditure
-164,000
-559,000
-649,000
-2,416,000
-923,000
-50,000
-654,000
-171,000
-270,000
Change in Investments
-100,000
100,000
100,000
100,000
cash flow from investments
100,000
-100,000
-100,000
-164,000
-559,000
-649,000
-2,516,000
-923,000
-50,000
-654,000
-171,000
-270,000
Financing Activities
Bank loans
-440,000
140,000
-2,700,000
3,000,000
Group/Directors Accounts
Other Short Term Loans
Long term loans
-449,000
-449,000
1,168,000
1,762,000
962,000
-1,925,000
-770,000
-440,000
960,000
-225,000
-300,000
2,700,000
-4,000,000
4,000,000
Hire Purchase and Lease Commitments
821,000
-44,000
-51,000
4,000
-58,000
-54,000
-52,000
251,000
-41,000
-84,000
129,000
other long term liabilities
-100,000
100,000
share issue
6,735,000
6,540,000
-500,000
-250,000
-250,000
-1,152,000
interest
-44,000
-20,000
-68,000
-63,000
-49,000
-19,000
-77,000
-80,000
-121,000
-93,000
-208,000
-273,000
-367,000
-510,000
cash flow from financing
328,000
-469,000
7,835,000
8,239,000
869,000
-1,995,000
-843,000
-1,018,000
925,000
-870,000
-507,000
-564,000
-1,551,000
2,567,000
cash and cash equivalents
cash
-897,000
-2,858,000
4,149,000
3,947,000
596,000
934,000
-549,000
199,000
-220,000
291,000
991,000
-148,000
-1,504,000
1,714,000
overdraft
-854,000
715,000
594,000
1,066,000
-1,393,000
1,296,000
299,000
440,000
-2,850,000
2,850,000
change in cash
-43,000
-3,573,000
3,555,000
2,881,000
1,989,000
-362,000
-848,000
-241,000
-220,000
291,000
991,000
-148,000
1,346,000
-1,136,000
worldwide fruit 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 worldwide fruit limited. Get real-time insights into worldwide fruit limited's credit score, group structure and payment trends.
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worldwide fruit limited Ownership
WORLDWIDE FRUIT LIMITED group structure
Worldwide Fruit Limited has no subsidiary companies.
Ultimate parent company
WORLDWIDE FRUIT LIMITED
03831143
WORLDWIDE FRUIT LIMITED Shareholders
The largest shareholders in Worldwide Fruit Limited include Enzafruit New Zealand International Limited and Fruition Po Ltd.
enzafruit new zealand international limited
50%
fruition po ltd
50%
worldwide fruit limited directors
Worldwide Fruit Limited currently has 6 directors.
The longest serving directors include
Mr Paul Mansfield (Mar 2004) and
Mr Robert Hinge (Feb 2009).
worldwide fruit, apple way, wardentree lane, spalding, lincolnshire, PE11 3BB
Bank
-
Legal Advisor
-
worldwide fruit 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 4 charges/mortgages relating to worldwide fruit limited. Currently there are 3 open charges and 1 have been satisfied in the past.
worldwide fruit 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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worldwide fruit limitedCompanies House Filings - See Documents
