worldwide foods (rochdale) limited
worldwide foods (rochdale) limited Company Information
Group Structure
View All
Industry
Other retail sale in non-specialised stores
Registered Address
pennine distribution centre ltd, queensway, rochdale, OL11 2NU
Website
www.worldwidefoods.co.ukworldwide foods (rochdale) limited Estimated Valuation
Pomanda estimates the enterprise value of WORLDWIDE FOODS (ROCHDALE) LIMITED at £2.3m based on a Turnover of £5.1m and 0.45x industry multiple (adjusted for size and gross margin).
worldwide foods (rochdale) limited Estimated Valuation
Pomanda estimates the enterprise value of WORLDWIDE FOODS (ROCHDALE) LIMITED at £632.1k based on an EBITDA of £146.1k and a 4.33x industry multiple (adjusted for size and gross margin).
worldwide foods (rochdale) limited Estimated Valuation
Pomanda estimates the enterprise value of WORLDWIDE FOODS (ROCHDALE) LIMITED at £4m based on Net Assets of £1.3m and 3.02x industry multiple (adjusted for liquidity).
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Worldwide Foods (rochdale) Limited Overview
Worldwide Foods (rochdale) Limited is a live company located in rochdale, OL11 2NU with a Companies House number of 04065792. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in September 2000, it's largest shareholder is pervez alam with a 100% stake. Worldwide Foods (rochdale) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.1m with low growth in recent years.
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Worldwide Foods (rochdale) Limited Health Check
Pomanda's financial health check has awarded Worldwide Foods (Rochdale) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £5.1m, make it larger than the average company (£1.2m)
- Worldwide Foods (rochdale) Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (17.9%)
- Worldwide Foods (rochdale) Limited
17.9% - Industry AVG
Production
with a gross margin of 44.5%, this company has a comparable cost of product (44.5%)
- Worldwide Foods (rochdale) Limited
44.5% - Industry AVG
Profitability
an operating margin of 2.6% make it less profitable than the average company (5.2%)
- Worldwide Foods (rochdale) Limited
5.2% - Industry AVG
Employees
with 71 employees, this is above the industry average (23)
71 - Worldwide Foods (rochdale) Limited
23 - Industry AVG
Pay Structure
on an average salary of £20.7k, the company has an equivalent pay structure (£20.7k)
- Worldwide Foods (rochdale) Limited
£20.7k - Industry AVG
Efficiency
resulting in sales per employee of £72.1k, this is less efficient (£94.4k)
- Worldwide Foods (rochdale) Limited
£94.4k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is near the average (10 days)
- Worldwide Foods (rochdale) Limited
10 days - Industry AVG
Creditor Days
its suppliers are paid after 134 days, this is slower than average (33 days)
- Worldwide Foods (rochdale) Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 51 days, this is less than average (83 days)
- Worldwide Foods (rochdale) Limited
83 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (27 weeks)
1 weeks - Worldwide Foods (rochdale) Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.8%, this is a lower level of debt than the average (64.3%)
56.8% - Worldwide Foods (rochdale) Limited
64.3% - Industry AVG
WORLDWIDE FOODS (ROCHDALE) LIMITED financials
Worldwide Foods (Rochdale) Limited's latest turnover from May 2024 is estimated at £5.1 million and the company has net assets of £1.3 million. According to their latest financial statements, Worldwide Foods (Rochdale) Limited has 71 employees and maintains cash reserves of £34.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 13,253,233 | 13,019,190 | 13,124,822 | 13,267,747 | 12,673,514 | 10,956,548 | ||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 11,435,744 | 11,297,317 | 11,448,329 | 11,598,960 | 11,098,659 | 9,755,523 | ||||||||
| Gross Profit | 1,817,489 | 1,721,873 | 1,676,493 | 1,668,787 | 1,574,855 | 1,201,025 | ||||||||
| Admin Expenses | 1,694,748 | 1,626,729 | 1,313,131 | 1,435,656 | 1,256,533 | 1,086,397 | ||||||||
| Operating Profit | 122,741 | 95,144 | 363,362 | 233,131 | 318,322 | 114,628 | ||||||||
| Interest Payable | 14,004 | 16,572 | 54,092 | 48,129 | 41,820 | 41,000 | ||||||||
| Interest Receivable | 4 | 17 | ||||||||||||
| Pre-Tax Profit | 108,741 | 78,589 | 309,270 | 185,002 | 276,502 | 73,628 | ||||||||
| Tax | -20,214 | -5,745 | -75,898 | -40,315 | -64,554 | -20,230 | ||||||||
| Profit After Tax | 88,527 | 72,844 | 233,372 | 144,687 | 211,948 | 53,398 | ||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | 88,527 | 72,844 | 233,372 | 144,687 | 211,948 | 53,398 | ||||||||
| Employee Costs | 930,889 | 871,507 | 645,192 | 597,176 | 481,254 | 404,458 | ||||||||
| Number Of Employees | 71 | 69 | 64 | 58 | 49 | 49 | 82 | 72 | 66 | 64 | 58 | 54 | ||
| EBITDA* | 173,331 | 148,101 | 416,185 | 290,944 | 392,283 | 182,074 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 51,763 | 66,763 | 83,990 | 43,598 | 75,496 | 108,009 | 129,175 | 128,162 | 141,815 | 175,924 | 195,746 | 159,808 | 178,750 | 194,698 |
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 51,763 | 66,763 | 83,990 | 43,598 | 75,496 | 108,009 | 129,175 | 128,162 | 141,815 | 175,924 | 195,746 | 159,808 | 178,750 | 194,698 |
| Stock & work in progress | 400,036 | 701,340 | 476,347 | 349,567 | 906,358 | 893,586 | 879,535 | 901,801 | 1,088,236 | 1,162,837 | 1,706,274 | 1,029,850 | 785,157 | 445,341 |
| Trade Debtors | 151,178 | 75,589 | 82,127 | 41,433 | 33,765 | 2,198,521 | 1,812,957 | |||||||
| Group Debtors | 2,291,772 | 1,796,167 | 1,445,339 | 2,983,117 | 5,316,768 | 5,524,922 | 5,394,138 | 5,335,902 | 5,033,518 | 4,880,582 | 2,978,548 | 2,087,699 | ||
| Misc Debtors | 130,476 | 267,844 | 541,397 | 103,570 | 236,112 | 217,036 | 264,831 | 371,897 | 162,499 | 73,832 | 278,521 | 244,297 | ||
| Cash | 34,533 | 752,896 | 65,128 | 125,024 | 115,804 | 192,899 | 161,431 | 196,247 | 122,808 | 107,742 | 120,346 | 89,248 | 55,687 | |
| misc current assets | 42,681 | |||||||||||||
| total current assets | 3,007,995 | 2,840,940 | 3,298,106 | 3,544,063 | 6,625,695 | 6,785,113 | 6,731,403 | 6,771,031 | 6,480,500 | 6,240,059 | 5,071,085 | 3,482,192 | 3,072,926 | 2,313,985 |
| total assets | 3,059,758 | 2,907,703 | 3,382,096 | 3,587,661 | 6,701,191 | 6,893,122 | 6,860,578 | 6,899,193 | 6,622,315 | 6,415,983 | 5,266,831 | 3,642,000 | 3,251,676 | 2,508,683 |
| Bank overdraft | 46,337 | 841,942 | 989,856 | 833,280 | 879,663 | 789,798 | 882,559 | 576,141 | 706,818 | 402,156 | 596,983 | 792,675 | 408,847 | |
| Bank loan | 26,071 | |||||||||||||
| Trade Creditors | 1,044,548 | 1,454,709 | 1,042,560 | 1,496,480 | 1,786,963 | 1,995,274 | 2,089,152 | 1,810,349 | 1,517,581 | 1,708,318 | 2,174,021 | 1,511,126 | 1,564,394 | 1,306,471 |
| Group/Directors Accounts | 2,442,478 | 2,167,540 | 2,231,220 | 2,510,229 | 2,880,806 | 2,628,784 | 1,418,724 | 540,723 | ||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 666,058 | 179,521 | 375,980 | 44,324 | 72,955 | 57,952 | 53,076 | 89,470 | 113,985 | 69,120 | 113,540 | 50,782 | ||
| total current liabilities | 1,736,677 | 1,680,567 | 2,260,482 | 2,530,660 | 5,135,676 | 5,100,429 | 5,163,246 | 5,292,607 | 5,088,513 | 5,113,040 | 4,108,441 | 2,699,614 | 2,357,069 | 1,715,318 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 10,693 | 10,693 | 10,693 | 8,474 | 8,534 | 11,047 | 11,181 | 7,125 | 12,744 | 20,625 | ||||
| total long term liabilities | 10,693 | 10,693 | 10,693 | 8,474 | 8,534 | 11,047 | 11,181 | 7,125 | 12,744 | 20,625 | ||||
| total liabilities | 1,736,677 | 1,680,567 | 2,260,482 | 2,530,660 | 5,146,369 | 5,111,122 | 5,173,939 | 5,301,081 | 5,097,047 | 5,124,087 | 4,119,622 | 2,706,739 | 2,369,813 | 1,735,943 |
| net assets | 1,323,081 | 1,227,136 | 1,121,614 | 1,057,001 | 1,554,822 | 1,782,000 | 1,686,639 | 1,598,112 | 1,525,268 | 1,291,896 | 1,147,209 | 935,261 | 881,863 | 772,740 |
| total shareholders funds | 1,323,081 | 1,227,136 | 1,121,614 | 1,057,001 | 1,554,822 | 1,782,000 | 1,686,639 | 1,598,112 | 1,525,268 | 1,291,896 | 1,147,209 | 935,261 | 881,863 | 772,740 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 122,741 | 95,144 | 363,362 | 233,131 | 318,322 | 114,628 | ||||||||
| Depreciation | 15,000 | 18,955 | 26,881 | 49,851 | 56,205 | 50,590 | 52,957 | 52,823 | 57,813 | 73,961 | 67,446 | 62,989 | 57,276 | |
| Amortisation | ||||||||||||||
| Tax | -20,214 | -5,745 | -75,898 | -40,315 | -64,554 | -20,230 | ||||||||
| Stock | -301,304 | 224,993 | 126,780 | 349,567 | 12,772 | 14,051 | -22,266 | -186,435 | -74,601 | -543,437 | 676,424 | 244,693 | 339,816 | 445,341 |
| Debtors | 433,826 | 70,737 | -1,017,824 | 3,086,687 | -181,410 | 116,754 | -48,830 | 511,782 | 241,603 | 1,697,345 | 925,073 | 133,475 | 385,564 | 1,812,957 |
| Creditors | -410,161 | 412,149 | -453,920 | 1,496,480 | -208,311 | -93,878 | 278,803 | 292,768 | -190,737 | -465,703 | 662,895 | -53,268 | 257,923 | 1,306,471 |
| Accruals and Deferred Income | 486,537 | -196,459 | 331,656 | 44,324 | 15,003 | 4,876 | -36,394 | -24,515 | 44,865 | -44,420 | 62,758 | 50,782 | ||
| Deferred Taxes & Provisions | 2,219 | -60 | -2,513 | -134 | 4,056 | -5,619 | -7,881 | 20,625 | ||||||
| Cash flow from operations | 468,841 | 85,202 | 24,900 | -1,413,536 | -544,059 | -224,429 | ||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | -51,603 | -39,304 | -18,714 | -37,991 | -109,899 | -48,504 | ||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | -51,603 | -39,304 | -18,714 | -37,991 | -109,899 | -48,504 | ||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 26,071 | |||||||||||||
| Group/Directors Accounts | 274,938 | -63,680 | -279,009 | -370,577 | 252,022 | 1,210,060 | 878,001 | 540,723 | ||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | -14,000 | -16,555 | -54,092 | -48,129 | -41,820 | -41,000 | ||||||||
| cash flow from financing | -293,009 | -387,132 | 197,930 | 1,161,931 | 836,181 | 499,723 | ||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 34,533 | -752,896 | 687,768 | 65,128 | 9,220 | -77,095 | 31,468 | -34,816 | 73,439 | 15,066 | -12,604 | 31,098 | 33,561 | 55,687 |
| overdraft | -46,337 | -795,605 | -147,914 | 989,856 | -46,383 | 89,865 | -92,761 | 306,418 | -130,677 | 304,662 | -194,827 | -195,692 | 383,828 | 408,847 |
| change in cash | 80,870 | 42,709 | 835,682 | -924,728 | 55,603 | -166,960 | 124,229 | -341,234 | 204,116 | -289,596 | 182,223 | 226,790 | -350,267 | -353,160 |
worldwide foods (rochdale) limited Credit Report and Business Information
Worldwide Foods (rochdale) Limited Competitor Analysis
Perform a competitor analysis for worldwide foods (rochdale) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in OL11 area or any other competitors across 12 key performance metrics.
worldwide foods (rochdale) limited Ownership
WORLDWIDE FOODS (ROCHDALE) LIMITED group structure
Worldwide Foods (Rochdale) Limited has no subsidiary companies.
Ultimate parent company
WORLDWIDE FOODS (ROCHDALE) LIMITED
04065792
worldwide foods (rochdale) limited directors
Worldwide Foods (Rochdale) Limited currently has 1 director, Mr Zahid Iqbal serving since Nov 2002.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Zahid Iqbal | 56 years | Nov 2002 | - | Director |
P&L
May 2024turnover
5.1m
-3%
operating profit
131.1k
0%
gross margin
44.5%
+4.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
1.3m
+0.08%
total assets
3.1m
+0.05%
cash
34.5k
0%
net assets
Total assets minus all liabilities
worldwide foods (rochdale) limited company details
company number
04065792
Type
Private limited with Share Capital
industry
47190 - Other retail sale in non-specialised stores
incorporation date
September 2000
age
25
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
-
address
pennine distribution centre ltd, queensway, rochdale, OL11 2NU
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
worldwide foods (rochdale) 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 1 charges/mortgages relating to worldwide foods (rochdale) limited. Currently there are 1 open charges and 0 have been satisfied in the past.
worldwide foods (rochdale) 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.
Click to start generating capital raising & share issue transactions for WORLDWIDE FOODS (ROCHDALE) LIMITED. This can take several minutes, an email will notify you when this has completed.
worldwide foods (rochdale) limited Companies House Filings - See Documents
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