worldwide fruit limited

2

worldwide fruit limited Company Information

Share WORLDWIDE FRUIT LIMITED
Live 
MatureMegaLow

Company Number

03831143

Registered Address

worldwide fruit, apple way, wardentree lane, spalding, lincolnshire, PE11 3BB

Industry

Wholesale of fruit and vegetables

 

Telephone

01775717001

Next Accounts Due

September 2024

Group Structure

View All

Directors

Paul Mansfield20 Years

Robert Hinge15 Years

View All

Shareholders

fruition po ltd 50%

enzafruit new zealand international limited 50%

worldwide fruit limited Estimated Valuation

£55.7m

Pomanda estimates the enterprise value of WORLDWIDE FRUIT LIMITED at £55.7m based on a Turnover of £166.4m and 0.33x industry multiple (adjusted for size and gross margin).

worldwide fruit limited Estimated Valuation

£19.5m

Pomanda estimates the enterprise value of WORLDWIDE FRUIT LIMITED at £19.5m based on an EBITDA of £3.4m and a 5.7x industry multiple (adjusted for size and gross margin).

worldwide fruit limited Estimated Valuation

£12.6m

Pomanda estimates the enterprise value of WORLDWIDE FRUIT LIMITED at £12.6m based on Net Assets of £6.3m and 2.01x industry multiple (adjusted for liquidity).

Valuation Calculator
This valuation is estimated based on financial data from December 2022 

Worldwide Fruit Limited AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

View Sample

Worldwide Fruit Limited Overview

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 fruition po ltd with a 50% stake. Worldwide Fruit Limited is a mature, mega sized company, Pomanda has estimated its turnover at £166.4m with low growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Worldwide Fruit Limited Health Check

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 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £166.4m, make it larger than the average company (£21.9m)

£166.4m - Worldwide Fruit Limited

£21.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (2.6%)

1% - Worldwide Fruit Limited

2.6% - Industry AVG

production

Production

with a gross margin of 5.9%, this company has a higher cost of product (11.8%)

5.9% - Worldwide Fruit Limited

11.8% - Industry AVG

profitability

Profitability

an operating margin of 1.4% make it less profitable than the average company (2.5%)

1.4% - Worldwide Fruit Limited

2.5% - Industry AVG

employees

Employees

with 453 employees, this is above the industry average (52)

453 - Worldwide Fruit Limited

52 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.3k, the company has an equivalent pay structure (£34.6k)

£32.3k - Worldwide Fruit Limited

£34.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £367.4k, this is less efficient (£458.8k)

£367.4k - Worldwide Fruit Limited

£458.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 20 days, this is earlier than average (33 days)

20 days - Worldwide Fruit Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 32 days, this is close to average (33 days)

32 days - Worldwide Fruit Limited

33 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 9 days, this is in line with average (8 days)

9 days - Worldwide Fruit Limited

8 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (14 weeks)

3 weeks - Worldwide Fruit Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 75.4%, this is a higher level of debt than the average (61.1%)

75.4% - Worldwide Fruit Limited

61.1% - Industry AVG

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.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Worldwide Fruit Limited Competitor Analysis

BETA
competitor_analysis_table_img

Perform a competitor analysis for worldwide fruit limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

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

fruition po ltd 50%
enzafruit new zealand international limited 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).

officercountryagestartendrole
Mr Paul MansfieldUnited Kingdom63 years Mar 2004- Director
Mr Robert Hinge60 years Feb 2009- Director
Mr Bastian Von Streit44 years Oct 2018- Director
Mr Gareth Edgecombe52 years Mar 2019- Director
Mr Douglas Bygrave58 years Oct 2019- Director
Mr David Long51 years Mar 2023- Director

WORLDWIDE FRUIT LIMITED financials

EXPORTms excel logo

Worldwide Fruit Limited's latest turnover from December 2022 is £166.4 million and the company has net assets of £6.3 million. According to their latest financial statements, Worldwide Fruit Limited has 453 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Jan 2021Dec 2019Dec 2018Dec 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jul 2011Jul 2010
Turnover166,416,000219,874,000222,821,000160,984,000155,321,000204,864,000119,318,000111,196,000116,101,000113,248,000104,432,00098,450,00094,420,000
Other Income Or Grants0000000000000
Cost Of Sales156,528,000206,801,000206,132,000148,197,000143,713,000191,823,000110,143,000101,384,000108,381,000106,512,00097,512,00091,285,00087,877,000
Gross Profit9,888,00013,073,00016,689,00012,787,00011,608,00013,041,0009,175,0009,812,0007,720,0006,736,0006,920,0007,165,0006,543,000
Admin Expenses7,535,0009,015,00012,705,0009,762,0008,950,0009,927,0006,294,0006,722,0005,618,0004,990,0004,882,0005,069,0004,464,000
Operating Profit2,353,0004,058,0003,984,0003,025,0002,658,0003,114,0002,881,0003,090,0002,102,0001,746,0002,038,0002,096,0002,079,000
Interest Payable44,00070,00072,00061,00072,000133,000104,000126,000100,000211,000275,000369,000518,000
Interest Receivable24,0002,0009,00012,00053,00056,00024,0005,0007,0003,0002,0002,0008,000
Pre-Tax Profit2,416,0004,070,0004,021,0003,016,0002,637,0003,037,0002,801,0002,969,0002,009,0001,538,0001,765,0001,696,0001,533,000
Tax-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 Tax1,989,0003,171,0003,395,0002,211,0002,132,0002,419,0002,176,0002,366,0001,594,0001,114,0001,263,0001,164,0001,153,000
Dividends Paid3,200,0002,395,0003,200,0002,700,0001,200,0001,800,0001,800,000800,000600,0000000
Retained Profit-1,211,000776,000195,000-489,000932,000619,000376,0001,566,000994,0001,114,0001,263,0001,164,0001,153,000
Employee Costs14,648,00015,484,00015,496,00012,261,00011,595,00014,933,0008,841,0008,606,0007,536,0006,855,0006,521,0006,704,0005,651,000
Number Of Employees453468470385373327286261257257235231192
EBITDA*3,431,0005,118,0004,831,0003,864,0003,464,0004,243,0003,566,0003,737,0002,671,0002,311,0002,599,0002,715,0002,723,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Jan 2021Dec 2019Dec 2018Dec 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jul 2011Jul 2010
Tangible Assets7,797,0007,375,0008,195,0006,522,0006,822,0007,332,0007,712,0007,975,0006,233,0005,792,0006,226,0006,048,0006,416,000
Intangible Assets00050,000208,000340,000530,000303,000376,000450,000523,000596,0001,003,000
Investments & Other0100,000100,000100,000100,000100,000100,000100,00000000
Debtors (Due After 1 year)0000000000000
Total Fixed Assets7,797,0007,475,0008,295,0006,672,0007,130,0007,772,0008,342,0008,378,0006,609,0006,242,0006,749,0006,644,0007,419,000
Stock & work in progress3,933,0004,084,0003,674,0003,144,0002,351,0002,388,0002,691,0002,558,0003,616,0003,400,0002,443,0002,570,0003,392,000
Trade Debtors9,510,00011,141,00015,964,00012,430,00011,818,00011,916,0008,960,0009,302,0009,214,0007,775,0008,222,0006,464,0004,586,000
Group Debtors0000000000000
Misc Debtors3,034,0001,352,0001,598,0001,982,0002,448,0001,954,0001,345,0001,310,0001,212,0001,387,0001,300,0001,309,0001,001,000
Cash1,291,0004,149,0003,947,0002,304,0001,708,000774,0001,323,0001,124,0001,344,0001,053,00062,000210,0001,714,000
misc current assets0000000000000
total current assets17,768,00020,726,00025,183,00019,860,00018,325,00017,032,00014,319,00014,294,00015,386,00013,615,00012,027,00010,553,00010,693,000
total assets25,565,00028,201,00033,478,00026,532,00025,455,00024,804,00022,661,00022,672,00021,995,00019,857,00018,776,00017,197,00018,112,000
Bank overdraft1,309,000594,0001,066,000642,0002,035,000739,000440,000000002,850,000
Bank loan0000000440,000300,000300,000300,0003,000,0000
Trade Creditors 14,128,00015,448,00019,335,00015,589,00014,528,00013,909,00011,026,00010,873,00012,957,00012,494,00011,061,0009,859,0009,176,000
Group/Directors Accounts0000000000000
other short term finances0000000000000
hp & lease commitments000044,00051,00060,00057,00054,00052,0004,00041,00084,000
other current liabilities2,340,0002,927,0004,193,0002,516,0001,593,0001,813,0002,705,0002,747,0002,598,0001,183,0002,356,0002,960,0001,741,000
total current liabilities17,777,00018,969,00024,594,00018,747,00018,200,00016,512,00014,231,00014,117,00015,909,00014,029,00013,721,00015,860,00013,851,000
loans719,0001,168,0001,762,000962,00001,925,0002,695,0003,135,0002,175,0002,400,0002,700,00004,000,000
hp & lease commitments0000044,00031,00092,000149,000203,00004,00045,000
Accruals and Deferred Income0000000000000
other liabilities000000000000100,000
provisions769,000553,000387,000283,000226,000226,000226,000226,000226,000183,000177,000168,000115,000
total long term liabilities1,488,0001,721,0002,149,0001,245,000226,0002,195,0002,952,0003,453,0002,550,0002,786,0002,877,000172,0004,260,000
total liabilities19,265,00020,690,00026,743,00019,992,00018,426,00018,707,00017,183,00017,570,00018,459,00016,815,00016,598,00016,032,00018,111,000
net assets6,300,0007,511,0006,735,0006,540,0007,029,0006,097,0005,478,0005,102,0003,536,0003,042,0002,178,0001,165,0001,000
total shareholders funds6,300,0007,511,0006,735,0006,540,0007,029,0006,097,0005,478,0005,102,0003,536,0003,042,0002,178,0001,165,0001,000
Dec 2022Dec 2021Jan 2021Dec 2019Dec 2018Dec 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jul 2011Jul 2010
Operating Activities
Operating Profit2,353,0004,058,0003,984,0003,025,0002,658,0003,114,0002,881,0003,090,0002,102,0001,746,0002,038,0002,096,0002,079,000
Depreciation1,078,0001,060,000797,000681,000674,000939,000612,000574,000495,000492,000488,000539,000593,000
Amortisation0050,000158,000132,000190,00073,00073,00074,00073,00073,00080,00051,000
Tax-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-151,0004,084,0003,674,000793,000-37,000-303,000133,000-1,058,000216,000957,000-127,000-822,0003,392,000
Debtors51,00012,493,00017,562,000146,000396,0003,565,000-307,000186,0001,264,000-360,0001,749,0002,186,0005,587,000
Creditors-1,320,00015,448,00019,335,0001,061,000619,0002,883,000153,000-2,084,000463,0001,433,0001,202,000683,0009,176,000
Accruals and Deferred Income-587,0002,927,0004,193,000923,000-220,000-892,000-42,000149,0001,415,000-1,173,000-604,0001,219,0001,741,000
Deferred Taxes & Provisions216,000553,000387,00057,000000043,0006,0009,00053,000115,000
Cash flow from operations1,413,0006,570,0006,884,0004,161,0002,999,0002,354,0003,226,0002,071,0002,697,0001,556,0001,082,0002,774,0004,396,000
Investing Activities
capital expenditure0000-164,000-559,000-649,000-2,416,000-923,000-50,000-654,000-171,000-270,000
Change in Investments-100,000100,000100,0000000100,00000000
cash flow from investments100,000-100,000-100,0000-164,000-559,000-649,000-2,516,000-923,000-50,000-654,000-171,000-270,000
Financing Activities
Bank loans000000-440,000140,00000-2,700,0003,000,0000
Group/Directors Accounts0000000000000
Other Short Term Loans 0000000000000
Long term loans-449,0001,168,0001,762,000962,000-1,925,000-770,000-440,000960,000-225,000-300,0002,700,000-4,000,0004,000,000
Hire Purchase and Lease Commitments000-44,000-51,0004,000-58,000-54,000-52,000251,000-41,000-84,000129,000
other long term liabilities00000000000-100,000100,000
share issue06,735,0006,540,00000000-500,000-250,000-250,0000-1,152,000
interest-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-469,0007,835,0008,239,000869,000-1,995,000-843,000-1,018,000925,000-870,000-507,000-564,000-1,551,0002,567,000
cash and cash equivalents
cash-2,858,0004,149,0003,947,000596,000934,000-549,000199,000-220,000291,000991,000-148,000-1,504,0001,714,000
overdraft715,000594,0001,066,000-1,393,0001,296,000299,000440,0000000-2,850,0002,850,000
change in cash-3,573,0003,555,0002,881,0001,989,000-362,000-848,000-241,000-220,000291,000991,000-148,0001,346,000-1,136,000

P&L

December 2022

turnover

166.4m

-24%

operating profit

2.4m

-42%

gross margin

6%

-0.07%

turnover

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

Balance Sheet

December 2022

net assets

6.3m

-0.16%

total assets

25.6m

-0.09%

cash

1.3m

-0.69%

net assets

Total assets minus all liabilities

worldwide fruit limited company details

company number

03831143

Type

Private limited with Share Capital

industry

46310 - Wholesale of fruit and vegetables

incorporation date

August 1999

age

25

accounts

Full Accounts

ultimate parent company

None

previous names

enzafruit worldwide limited (February 2004)

ingleby (1248) limited (December 1999)

incorporated

UK

address

worldwide fruit, apple way, wardentree lane, spalding, lincolnshire, PE11 3BB

last accounts submitted

December 2022

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 3 charges/mortgages relating to worldwide fruit limited. Currently there are 2 open charges and 1 have been satisfied in the past.

charges

worldwide fruit limited Companies House Filings - See Documents

datedescriptionview/download