troy foods limited
troy foods limited Company Information
Company Number
03973369
Next Accounts
605 days late
Shareholders
david james kempley
Group Structure
View All
Industry
Manufacture of other food products n.e.c.
Registered Address
4th floor, tailors corner, thirsk row, leeds, LS1 4DP
Website
www.troyfoods.co.uktroy foods limited Estimated Valuation
Pomanda estimates the enterprise value of TROY FOODS LIMITED at £12.7m based on a Turnover of £19m and 0.67x industry multiple (adjusted for size and gross margin).
troy foods limited Estimated Valuation
Pomanda estimates the enterprise value of TROY FOODS LIMITED at £0 based on an EBITDA of £-619.2k and a 4.76x industry multiple (adjusted for size and gross margin).
troy foods limited Estimated Valuation
Pomanda estimates the enterprise value of TROY FOODS LIMITED at £522.1k based on Net Assets of £266.1k and 1.96x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Troy Foods Limited Overview
Troy Foods Limited is a live company located in leeds, LS1 4DP with a Companies House number of 03973369. It operates in the manufacture of other food products n.e.c. sector, SIC Code 10890. Founded in April 2000, it's largest shareholder is david james kempley with a 100% stake. Troy Foods Limited is a mature, mid sized company, Pomanda has estimated its turnover at £19m with healthy growth in recent years.
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Troy Foods Limited Health Check
Pomanda's financial health check has awarded Troy Foods Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £19m, make it in line with the average company (£18.6m)
£19m - Troy Foods Limited
£18.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a faster rate (2.2%)
4% - Troy Foods Limited
2.2% - Industry AVG
Production
with a gross margin of 15.9%, this company has a higher cost of product (27.2%)
15.9% - Troy Foods Limited
27.2% - Industry AVG
Profitability
an operating margin of -6.1% make it less profitable than the average company (5.5%)
-6.1% - Troy Foods Limited
5.5% - Industry AVG
Employees
with 186 employees, this is above the industry average (103)
186 - Troy Foods Limited
103 - Industry AVG
Pay Structure
on an average salary of £29.6k, the company has an equivalent pay structure (£33.3k)
£29.6k - Troy Foods Limited
£33.3k - Industry AVG
Efficiency
resulting in sales per employee of £101.9k, this is less efficient (£185.1k)
£101.9k - Troy Foods Limited
£185.1k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is near the average (49 days)
53 days - Troy Foods Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 92 days, this is slower than average (44 days)
92 days - Troy Foods Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 8 days, this is less than average (46 days)
8 days - Troy Foods Limited
46 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (11 weeks)
1 weeks - Troy Foods Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.4%, this is a higher level of debt than the average (56.2%)
97.4% - Troy Foods Limited
56.2% - Industry AVG
TROY FOODS LIMITED financials
Troy Foods Limited's latest turnover from September 2021 is £19 million and the company has net assets of £266.1 thousand. According to their latest financial statements, Troy Foods Limited has 186 employees and maintains cash reserves of £188.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Oct 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 18,950,530 | 18,871,088 | 22,645,795 | 16,810,798 | 17,476,405 | 10,856,463 | 9,728,731 | 11,183,855 | 51,982,816 | 29,179,467 | 27,083,689 | 22,231,066 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 15,932,300 | 14,338,106 | 16,808,824 | 13,383,982 | 14,180,806 | 8,688,984 | 6,635,716 | 7,692,151 | 44,772,761 | 24,204,504 | 23,492,487 | 18,643,661 |
| Gross Profit | 3,018,230 | 4,532,982 | 5,836,971 | 3,426,816 | 3,295,599 | 2,167,479 | 3,093,015 | 3,491,704 | 7,210,055 | 4,974,963 | 3,591,202 | 3,587,405 |
| Admin Expenses | 4,184,532 | 3,872,527 | 3,931,009 | 3,395,258 | 2,714,662 | 2,447,499 | 2,383,264 | 2,425,291 | 6,967,688 | 4,527,737 | 3,858,023 | 3,288,801 |
| Operating Profit | -1,166,302 | 660,455 | 1,905,962 | 31,558 | 580,937 | -280,020 | 709,751 | 1,066,413 | 242,367 | 447,226 | -266,821 | 298,604 |
| Interest Payable | 221,831 | 228,277 | 199,844 | 89,850 | 42,305 | 69,400 | 47,286 | 52,873 | 122,096 | 92,887 | 98,223 | 173,665 |
| Interest Receivable | 0 | 1,551 | 0 | 0 | 0 | 0 | 0 | 3,193 | 28,736 | 0 | 8,256 | 0 |
| Pre-Tax Profit | -1,388,133 | 433,729 | 1,706,118 | -58,292 | 538,632 | -349,420 | 662,465 | 1,016,733 | 149,007 | 354,339 | -356,788 | 124,939 |
| Tax | 230,048 | -154,836 | -270,129 | -68,531 | -131,255 | 70,443 | -263,572 | -188,118 | -14,209 | -175,232 | 72,835 | 77,516 |
| Profit After Tax | -1,158,085 | 278,893 | 1,435,989 | -126,823 | 407,377 | -278,977 | 398,893 | 828,615 | 134,798 | 179,107 | -283,953 | 202,455 |
| Dividends Paid | 0 | 500,000 | 775,000 | 0 | 0 | 0 | 600,000 | 768,786 | 100,000 | 300,000 | 350,000 | 350,000 |
| Retained Profit | -1,158,085 | -221,107 | 660,989 | -126,823 | 407,377 | -278,977 | -201,107 | 59,829 | 34,798 | -120,893 | -633,953 | -147,545 |
| Employee Costs | 5,511,709 | 5,782,829 | 5,473,403 | 4,967,280 | 4,476,434 | 3,226,403 | 3,001,255 | 3,310,559 | 7,097,074 | 3,518,106 | 2,887,172 | 3,046,621 |
| Number Of Employees | 186 | 199 | 194 | 169 | 179 | 142 | 144 | 160 | 208 | 140 | 117 | 118 |
| EBITDA* | -619,183 | 1,193,195 | 2,359,912 | 440,661 | 899,597 | -14,199 | 969,488 | 1,370,745 | 1,056,170 | 952,040 | 235,760 | 935,477 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Oct 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,816,252 | 2,119,514 | 2,070,401 | 2,232,755 | 2,900,956 | 2,555,373 | 2,461,597 | 2,647,859 | 4,449,070 | 4,263,956 | 4,066,891 | 4,306,715 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 144,683 | 144,683 | 303,441 | 279,274 | 279,274 | 179,816 | 132,066 | 0 | 99,118 | 0 | 2 | 2 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,960,935 | 2,264,197 | 2,373,842 | 2,512,029 | 3,180,230 | 2,735,189 | 2,593,663 | 2,647,859 | 4,548,188 | 4,263,956 | 4,066,893 | 4,306,717 |
| Stock & work in progress | 366,245 | 334,715 | 374,054 | 466,571 | 388,709 | 199,896 | 166,398 | 154,538 | 965,306 | 944,822 | 740,571 | 630,287 |
| Trade Debtors | 2,803,303 | 2,799,957 | 3,816,189 | 3,056,384 | 3,102,911 | 2,011,986 | 1,245,069 | 1,628,721 | 7,289,208 | 4,232,330 | 4,981,141 | 3,931,994 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 4,887,269 | 2,920,359 | 2,926,742 | 3,272,256 | 3,324,395 | 750,173 | 3,367,690 | 1,453,113 | 1,490,194 | 998,881 | 1,072,904 | 701,059 |
| Cash | 188,916 | 74,087 | 203,686 | 22 | 1,330 | 26,409 | 638 | 124,341 | 20 | 2,464 | 326 | 442 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,245,733 | 6,129,118 | 7,320,671 | 6,795,233 | 6,817,345 | 2,988,464 | 4,779,795 | 3,360,713 | 9,744,728 | 6,178,497 | 6,794,942 | 5,263,782 |
| total assets | 10,206,668 | 8,393,315 | 9,694,513 | 9,307,262 | 9,997,575 | 5,723,653 | 7,373,458 | 6,008,572 | 14,292,916 | 10,442,453 | 10,861,835 | 9,570,499 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 105,636 | 0 | 63,786 | 100,137 | 1,267,450 | 656,744 |
| Bank loan | 363,865 | 0 | 0 | 0 | 0 | 0 | 15,555 | 300,241 | 315,804 | 23,006 | 0 | 0 |
| Trade Creditors | 4,023,669 | 2,191,395 | 2,795,426 | 3,293,417 | 4,258,848 | 2,217,024 | 3,588,966 | 2,610,251 | 4,211,668 | 3,289,589 | 2,938,352 | 2,131,722 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 43,087 | 38,448 | 217 | 0 | 2 | 851 |
| other short term finances | 365,783 | 2,473,660 | 3,535,508 | 3,297,712 | 3,307,781 | 1,302,060 | 1,028,462 | 103,243 | 6,339,759 | 0 | 4,074,814 | 3,171,105 |
| hp & lease commitments | 274,261 | 0 | 0 | 0 | 0 | 0 | 96,528 | 152,450 | 138,094 | 119,172 | 136,357 | 258,771 |
| other current liabilities | 3,611,516 | 1,447,160 | 1,132,513 | 973,746 | 1,049,686 | 1,021,743 | 1,055,100 | 1,051,299 | 1,103,208 | 4,378,594 | 642,021 | 850,344 |
| total current liabilities | 8,639,094 | 6,112,215 | 7,463,447 | 7,564,875 | 8,616,315 | 4,540,827 | 5,933,334 | 4,255,932 | 12,172,536 | 7,910,498 | 9,058,996 | 7,069,537 |
| loans | 901,862 | 720,851 | 503,802 | 671,268 | 227,234 | 423,727 | 252,075 | 267,629 | 568,965 | 1,010,249 | 317,451 | 292,306 |
| hp & lease commitments | 201,924 | 0 | 0 | 0 | 0 | 0 | 129,102 | 232,094 | 255,497 | 209,610 | 107,993 | 147,173 |
| Accruals and Deferred Income | 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 |
| provisions | 197,657 | 136,033 | 81,941 | 86,785 | 42,869 | 55,319 | 76,190 | 69,053 | 171,883 | 223,159 | 167,765 | 218,100 |
| total long term liabilities | 1,301,443 | 856,884 | 585,743 | 758,053 | 270,103 | 479,046 | 457,367 | 568,776 | 996,345 | 1,443,018 | 593,209 | 657,579 |
| total liabilities | 9,940,537 | 6,969,099 | 8,049,190 | 8,322,928 | 8,886,418 | 5,019,873 | 6,390,701 | 4,824,708 | 13,168,881 | 9,353,516 | 9,652,205 | 7,727,116 |
| net assets | 266,131 | 1,424,216 | 1,645,323 | 984,334 | 1,111,157 | 703,780 | 982,757 | 1,183,864 | 1,124,035 | 1,088,937 | 1,209,630 | 1,843,383 |
| total shareholders funds | 266,131 | 1,424,216 | 1,645,323 | 984,334 | 1,111,157 | 703,780 | 982,757 | 1,183,864 | 1,124,035 | 1,088,937 | 1,209,630 | 1,843,383 |
| Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Oct 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | -1,166,302 | 660,455 | 1,905,962 | 31,558 | 580,937 | -280,020 | 709,751 | 1,066,413 | 242,367 | 447,226 | -266,821 | 298,604 |
| Depreciation | 547,119 | 532,740 | 453,950 | 409,103 | 318,660 | 265,821 | 259,737 | 304,332 | 813,803 | 504,814 | 502,581 | 636,873 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 230,048 | -154,836 | -270,129 | -68,531 | -131,255 | 70,443 | -263,572 | -188,118 | -14,209 | -175,232 | 72,835 | 77,516 |
| Stock | 31,530 | -39,339 | -92,517 | 77,862 | 188,813 | 33,498 | 11,860 | -810,768 | 20,484 | 204,251 | 110,284 | 630,287 |
| Debtors | 1,970,256 | -1,022,615 | 414,291 | -98,666 | 3,665,147 | -1,850,600 | 1,530,925 | -5,697,568 | 3,548,191 | -822,834 | 1,420,992 | 4,633,053 |
| Creditors | 1,832,274 | -604,031 | -497,991 | -965,431 | 2,041,824 | -1,371,942 | 978,715 | -1,601,417 | 922,079 | 351,237 | 806,630 | 2,131,722 |
| Accruals and Deferred Income | 2,164,356 | 314,647 | 158,767 | -75,940 | 27,943 | -33,357 | 3,801 | -51,909 | -3,275,386 | 3,736,573 | -208,323 | 850,344 |
| Deferred Taxes & Provisions | 61,624 | 54,092 | -4,844 | 43,916 | -12,450 | -20,871 | 7,137 | -102,830 | -51,276 | 55,394 | -50,335 | 218,100 |
| Cash flow from operations | 1,667,333 | 1,865,021 | 1,423,941 | -604,521 | -1,028,301 | 447,176 | 152,784 | 5,934,807 | -4,931,297 | 5,538,595 | -674,709 | -1,050,181 |
| Investing Activities | ||||||||||||
| capital expenditure | 0 | 0 | 0 | 290,690 | -862,985 | 1,466,861 | -2,016,904 | 21,000 | -1,111,702 | -712,574 | -293,712 | -485,367 |
| Change in Investments | 0 | -158,758 | 24,167 | 0 | 99,458 | 47,750 | 132,066 | -99,118 | 99,118 | -2 | 0 | 2 |
| cash flow from investments | 0 | 158,758 | -24,167 | 290,690 | -962,443 | 1,419,111 | -2,148,970 | 120,118 | -1,210,820 | -712,572 | -293,712 | -485,369 |
| Financing Activities | ||||||||||||
| Bank loans | 363,865 | 0 | 0 | 0 | 0 | -15,555 | -284,686 | -15,563 | 292,798 | 23,006 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -43,087 | 4,639 | 38,231 | 217 | -2 | -849 | 851 |
| Other Short Term Loans | -2,107,877 | -1,061,848 | 237,796 | -10,069 | 2,005,721 | 273,598 | 925,219 | -6,236,516 | 6,339,759 | -4,074,814 | 903,709 | 3,171,105 |
| Long term loans | 181,011 | 217,049 | -167,466 | 444,034 | -196,493 | 171,652 | -15,554 | -301,336 | -441,284 | 692,798 | 25,145 | 292,306 |
| Hire Purchase and Lease Commitments | 476,185 | 0 | 0 | 0 | 0 | -225,630 | -158,914 | -9,047 | 64,809 | 84,432 | -161,594 | 405,944 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | -221,831 | -226,726 | -199,844 | -89,850 | -42,305 | -69,400 | -47,286 | -49,680 | -93,360 | -92,887 | -89,967 | -173,665 |
| cash flow from financing | -1,308,647 | -1,071,525 | -129,514 | 344,115 | 1,766,923 | 91,578 | 423,418 | -6,573,911 | 6,163,239 | -3,367,267 | 676,644 | 5,687,469 |
| cash and cash equivalents | ||||||||||||
| cash | 114,829 | -129,599 | 203,664 | -1,308 | -25,079 | 25,771 | -123,703 | 124,321 | -2,444 | 2,138 | -116 | 442 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -105,636 | 105,636 | -63,786 | -36,351 | -1,167,313 | 610,706 | 656,744 |
| change in cash | 114,829 | -129,599 | 203,664 | -1,308 | -25,079 | 131,407 | -229,339 | 188,107 | 33,907 | 1,169,451 | -610,822 | -656,302 |
troy foods limited Credit Report and Business Information
Troy Foods Limited Competitor Analysis
Perform a competitor analysis for troy foods limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in LS1 area or any other competitors across 12 key performance metrics.
troy foods limited Ownership
TROY FOODS LIMITED group structure
Troy Foods Limited has no subsidiary companies.
Ultimate parent company
TROY FOODS LIMITED
03973369
troy foods limited directors
Troy Foods Limited currently has 2 directors. The longest serving directors include Mr David Kempley (Apr 2000) and Mrs Tracey Kempley (Mar 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Kempley | United Kingdom | 62 years | Apr 2000 | - | Director |
| Mrs Tracey Kempley | 61 years | Mar 2021 | - | Director |
P&L
September 2021turnover
19m
0%
operating profit
-1.2m
-277%
gross margin
16%
-33.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2021net assets
266.1k
-0.81%
total assets
10.2m
+0.22%
cash
188.9k
+1.55%
net assets
Total assets minus all liabilities
troy foods limited company details
company number
03973369
Type
Private limited with Share Capital
industry
10890 - Manufacture of other food products n.e.c.
incorporation date
April 2000
age
25
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
September 2021
previous names
potatapeal limited (June 2006)
potatapeal unlimited (December 2005)
See moreaccountant
-
auditor
TC GROUP
address
4th floor, tailors corner, thirsk row, leeds, LS1 4DP
Bank
HSBC BANK PLC
Legal Advisor
-
troy 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 16 charges/mortgages relating to troy foods limited. Currently there are 2 open charges and 14 have been satisfied in the past.
troy 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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troy foods limited Companies House Filings - See Documents
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