hargreaves quality foods limited Company Information
Company Number
03906671
Website
http://pizza-toppings.co.ukRegistered Address
units 1 & 2, smithfold lane, worsley, manchester, lancashire, M28 0GP
Industry
Wholesale of meat and meat products
Telephone
01617028447
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
harry robert hargreaves 28%
brenda hargreaves 27%
View Allhargreaves quality foods limited Estimated Valuation
Pomanda estimates the enterprise value of HARGREAVES QUALITY FOODS LIMITED at £1.3m based on a Turnover of £5.1m and 0.25x industry multiple (adjusted for size and gross margin).
hargreaves quality foods limited Estimated Valuation
Pomanda estimates the enterprise value of HARGREAVES QUALITY FOODS LIMITED at £740.7k based on an EBITDA of £160.3k and a 4.62x industry multiple (adjusted for size and gross margin).
hargreaves quality foods limited Estimated Valuation
Pomanda estimates the enterprise value of HARGREAVES QUALITY FOODS LIMITED at £2.2m based on Net Assets of £1.1m and 2.08x industry multiple (adjusted for liquidity).
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Hargreaves Quality Foods Limited Overview
Hargreaves Quality Foods Limited is a live company located in manchester, M28 0GP with a Companies House number of 03906671. It operates in the wholesale of meat and meat products sector, SIC Code 46320. Founded in January 2000, it's largest shareholder is harry robert hargreaves with a 28% stake. Hargreaves Quality Foods Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.1m with healthy growth in recent years.
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Hargreaves Quality Foods Limited Health Check
Pomanda's financial health check has awarded Hargreaves Quality Foods Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
4 Weak
Size
annual sales of £5.1m, make it smaller than the average company (£24.2m)
- Hargreaves Quality Foods Limited
£24.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (3.6%)
- Hargreaves Quality Foods Limited
3.6% - Industry AVG
Production
with a gross margin of 12.5%, this company has a comparable cost of product (12.5%)
- Hargreaves Quality Foods Limited
12.5% - Industry AVG
Profitability
an operating margin of 2.9% make it as profitable than the average company (3%)
- Hargreaves Quality Foods Limited
3% - Industry AVG
Employees
with 27 employees, this is below the industry average (34)
27 - Hargreaves Quality Foods Limited
34 - Industry AVG
Pay Structure
on an average salary of £41.6k, the company has an equivalent pay structure (£41.6k)
- Hargreaves Quality Foods Limited
£41.6k - Industry AVG
Efficiency
resulting in sales per employee of £187.9k, this is less efficient (£569.9k)
- Hargreaves Quality Foods Limited
£569.9k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is earlier than average (33 days)
- Hargreaves Quality Foods Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (28 days)
- Hargreaves Quality Foods Limited
28 days - Industry AVG
Stock Days
it holds stock equivalent to 18 days, this is in line with average (21 days)
- Hargreaves Quality Foods Limited
21 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 110 weeks, this is more cash available to meet short term requirements (9 weeks)
110 weeks - Hargreaves Quality Foods Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.4%, this is a lower level of debt than the average (57.8%)
24.4% - Hargreaves Quality Foods Limited
57.8% - Industry AVG
hargreaves quality foods limited Credit Report and Business Information
Hargreaves Quality Foods Limited Competitor Analysis
Perform a competitor analysis for hargreaves quality foods limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
hargreaves quality foods limited Ownership
HARGREAVES QUALITY FOODS LIMITED group structure
Hargreaves Quality Foods Limited has no subsidiary companies.
Ultimate parent company
HARGREAVES QUALITY FOODS LIMITED
03906671
hargreaves quality foods limited directors
Hargreaves Quality Foods Limited currently has 4 directors. The longest serving directors include Mr Harry Hargreaves (Jan 2000) and Mr Anthony Hargreaves (Mar 2001).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Harry Hargreaves | United Kingdom | 83 years | Jan 2000 | - | Director |
Mr Anthony Hargreaves | 60 years | Mar 2001 | - | Director | |
Mr Harry Hargreaves | 63 years | Mar 2001 | - | Director | |
Mr Stephen Hargreaves | 55 years | Mar 2001 | - | Director |
HARGREAVES QUALITY FOODS LIMITED financials
Hargreaves Quality Foods Limited's latest turnover from December 2022 is estimated at £5.1 million and the company has net assets of £1.1 million. According to their latest financial statements, Hargreaves Quality Foods Limited has 27 employees and maintains cash reserves of £699.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 27 | 23 | 22 | 22 | 27 | 21 | 21 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 66,061 | 72,264 | 75,864 | 77,418 | 79,671 | 77,072 | 95,351 | 104,531 | 110,068 | 49,724 | 63,368 | 72,378 | 88,755 | 94,321 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 66,061 | 72,264 | 75,864 | 77,418 | 79,671 | 77,072 | 95,351 | 104,531 | 110,068 | 49,724 | 63,368 | 72,378 | 88,755 | 94,321 |
Stock & work in progress | 219,227 | 156,817 | 221,578 | 172,405 | 140,154 | 123,470 | 123,165 | 136,260 | 110,882 | 149,923 | 80,436 | 85,653 | 119,660 | 53,000 |
Trade Debtors | 342,592 | 277,270 | 306,880 | 377,281 | 391,099 | 343,145 | 284,717 | 256,531 | 332,430 | 353,394 | 280,700 | 213,514 | 199,781 | 191,652 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 68,914 | 72,173 | 62,548 | 64,167 | 51,336 | 40,720 | 43,703 | 26,253 | 0 | 0 | 4,120 | 0 | 0 | 0 |
Cash | 699,775 | 758,431 | 556,811 | 331,430 | 338,015 | 295,077 | 209,203 | 169,888 | 144,880 | 231,488 | 277,747 | 195,333 | 174,547 | 221,197 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,330,508 | 1,264,691 | 1,147,817 | 945,283 | 920,604 | 802,412 | 660,788 | 588,932 | 588,192 | 734,805 | 643,003 | 494,500 | 493,988 | 465,849 |
total assets | 1,396,569 | 1,336,955 | 1,223,681 | 1,022,701 | 1,000,275 | 879,484 | 756,139 | 693,463 | 698,260 | 784,529 | 706,371 | 566,878 | 582,743 | 560,170 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 214,937 | 297,308 | 258,155 | 220,457 | 238,584 | 220,365 | 188,364 | 135,262 | 203,116 | 309,731 | 241,729 | 157,070 | 181,858 | 176,178 |
Group/Directors Accounts | 5,289 | 7,746 | 16,357 | 17,088 | 10,341 | 3,585 | 10,564 | 8,670 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 109,610 | 104,149 | 135,220 | 77,513 | 86,302 | 73,763 | 50,530 | 57,289 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 329,836 | 409,203 | 409,732 | 315,058 | 335,227 | 297,713 | 249,458 | 201,221 | 203,116 | 309,731 | 241,729 | 157,070 | 181,858 | 176,178 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 11,279 | 12,178 | 12,523 | 12,402 | 12,323 | 11,211 | 14,663 | 15,531 | 18,639 | 5,829 | 7,654 | 7,317 | 9,243 | 9,214 |
total long term liabilities | 11,279 | 12,178 | 12,523 | 12,402 | 12,323 | 11,211 | 14,663 | 15,531 | 18,639 | 5,829 | 7,654 | 7,317 | 9,243 | 9,214 |
total liabilities | 341,115 | 421,381 | 422,255 | 327,460 | 347,550 | 308,924 | 264,121 | 216,752 | 221,755 | 315,560 | 249,383 | 164,387 | 191,101 | 185,392 |
net assets | 1,055,454 | 915,574 | 801,426 | 695,241 | 652,725 | 570,560 | 492,018 | 476,711 | 476,505 | 468,969 | 456,988 | 402,491 | 391,642 | 374,778 |
total shareholders funds | 1,055,454 | 915,574 | 801,426 | 695,241 | 652,725 | 570,560 | 492,018 | 476,711 | 476,505 | 468,969 | 456,988 | 402,491 | 391,642 | 374,778 |
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 13,103 | 16,350 | 14,371 | 21,127 | 18,475 | 18,279 | 21,800 | 22,704 | 16,129 | 16,116 | 16,809 | 22,573 | 17,004 | 23,763 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||||
Stock | 62,410 | -64,761 | 49,173 | 32,251 | 16,684 | 305 | -13,095 | 25,378 | -39,041 | 69,487 | -5,217 | -34,007 | 66,660 | 53,000 |
Debtors | 62,063 | -19,985 | -72,020 | -987 | 58,570 | 55,445 | 45,636 | -49,646 | -20,964 | 68,574 | 71,306 | 13,733 | 8,129 | 191,652 |
Creditors | -82,371 | 39,153 | 37,698 | -18,127 | 18,219 | 32,001 | 53,102 | -67,854 | -106,615 | 68,002 | 84,659 | -24,788 | 5,680 | 176,178 |
Accruals and Deferred Income | 5,461 | -31,071 | 57,707 | -8,789 | 12,539 | 23,233 | -6,759 | 57,289 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -899 | -345 | 121 | 79 | 1,112 | -3,452 | -868 | -3,108 | 12,810 | -1,825 | 337 | -1,926 | 29 | 9,214 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -2,457 | -8,611 | -731 | 6,747 | 6,756 | -6,979 | 1,894 | 8,670 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -58,656 | 201,620 | 225,381 | -6,585 | 42,938 | 85,874 | 39,315 | 25,008 | -86,608 | -46,259 | 82,414 | 20,786 | -46,650 | 221,197 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -58,656 | 201,620 | 225,381 | -6,585 | 42,938 | 85,874 | 39,315 | 25,008 | -86,608 | -46,259 | 82,414 | 20,786 | -46,650 | 221,197 |
P&L
December 2022turnover
5.1m
+22%
operating profit
147.2k
0%
gross margin
12.5%
+15.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1.1m
+0.15%
total assets
1.4m
+0.04%
cash
699.8k
-0.08%
net assets
Total assets minus all liabilities
hargreaves quality foods limited company details
company number
03906671
Type
Private limited with Share Capital
industry
46320 - Wholesale of meat and meat products
incorporation date
January 2000
age
24
accounts
Total Exemption Full
ultimate parent company
previous names
h.r. hargreaves & sons (meat wholesalers) limited (January 2007)
h.r. hargreaves meat wholesalers limited (September 2004)
incorporated
UK
address
units 1 & 2, smithfold lane, worsley, manchester, lancashire, M28 0GP
last accounts submitted
December 2022
hargreaves quality 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 did not find charges/mortgages relating to hargreaves quality foods limited.
hargreaves quality foods limited Companies House Filings - See Documents
date | description | view/download |
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