nafees bakers limited

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nafees bakers limited Company Information

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Company Number

04515390

Registered Address

210-212 lilycroft road, bradford, west yorkshire, BD9 5AJ

Industry

Manufacture of bread; manufacture of fresh pastry goods and cakes

 

Telephone

01274483913

Next Accounts Due

May 2024

Group Structure

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Directors

Asif Saleem21 Years

Mohammed Saleem8 Years

Shareholders

asif saleem 50%

mohammed rafay saleem 50%

nafees bakers limited Estimated Valuation

£2.4m

Pomanda estimates the enterprise value of NAFEES BAKERS LIMITED at £2.4m based on a Turnover of £4.9m and 0.49x industry multiple (adjusted for size and gross margin).

nafees bakers limited Estimated Valuation

£968.9k

Pomanda estimates the enterprise value of NAFEES BAKERS LIMITED at £968.9k based on an EBITDA of £243.3k and a 3.98x industry multiple (adjusted for size and gross margin).

nafees bakers limited Estimated Valuation

£2m

Pomanda estimates the enterprise value of NAFEES BAKERS LIMITED at £2m based on Net Assets of £901.6k and 2.19x industry multiple (adjusted for liquidity).

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Nafees Bakers Limited Overview

Nafees Bakers Limited is a live company located in west yorkshire, BD9 5AJ with a Companies House number of 04515390. It operates in the manufacture of bread sector, SIC Code 10710. Founded in August 2002, it's largest shareholder is asif saleem with a 50% stake. Nafees Bakers Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.9m with healthy growth in recent years.

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Nafees Bakers Limited Health Check

Pomanda's financial health check has awarded Nafees Bakers Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £4.9m, make it smaller than the average company (£12.5m)

£4.9m - Nafees Bakers Limited

£12.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (4%)

7% - Nafees Bakers Limited

4% - Industry AVG

production

Production

with a gross margin of 21.5%, this company has a higher cost of product (30.2%)

21.5% - Nafees Bakers Limited

30.2% - Industry AVG

profitability

Profitability

an operating margin of 0.7% make it less profitable than the average company (4.9%)

0.7% - Nafees Bakers Limited

4.9% - Industry AVG

employees

Employees

with 47 employees, this is below the industry average (182)

47 - Nafees Bakers Limited

182 - Industry AVG

paystructure

Pay Structure

on an average salary of £26.5k, the company has an equivalent pay structure (£26.5k)

£26.5k - Nafees Bakers Limited

£26.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £104.3k, this is more efficient (£86.7k)

£104.3k - Nafees Bakers Limited

£86.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 84 days, this is later than average (43 days)

84 days - Nafees Bakers Limited

43 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 176 days, this is slower than average (44 days)

176 days - Nafees Bakers Limited

44 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 13 days, this is less than average (23 days)

13 days - Nafees Bakers Limited

23 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (16 weeks)

12 weeks - Nafees Bakers Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 68.8%, this is a higher level of debt than the average (55%)

68.8% - Nafees Bakers Limited

55% - Industry AVG

nafees bakers limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Nafees Bakers Limited Competitor Analysis

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

nafees bakers limited Ownership

NAFEES BAKERS LIMITED group structure

Nafees Bakers Limited has no subsidiary companies.

Ultimate parent company

NAFEES BAKERS LIMITED

04515390

NAFEES BAKERS LIMITED Shareholders

asif saleem 50%
mohammed rafay saleem 50%

nafees bakers limited directors

Nafees Bakers Limited currently has 2 directors. The longest serving directors include Mr Asif Saleem (Aug 2002) and Mr Mohammed Saleem (Jan 2016).

officercountryagestartendrole
Mr Asif SaleemUnited Kingdom52 years Aug 2002- Director
Mr Mohammed SaleemEngland40 years Jan 2016- Director

NAFEES BAKERS LIMITED financials

EXPORTms excel logo

Nafees Bakers Limited's latest turnover from August 2022 is estimated at £4.9 million and the company has net assets of £901.6 thousand. According to their latest financial statements, Nafees Bakers Limited has 47 employees and maintains cash reserves of £462.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Turnover4,900,4963,899,7692,872,0924,042,1283,616,0423,083,6532,692,5851,999,4142,042,9601,507,8521,750,3011,246,38100
Other Income Or Grants00000000000000
Cost Of Sales3,846,0493,092,5962,308,8293,177,3012,840,3132,336,0612,017,2771,513,9341,529,1091,103,9801,339,180924,93100
Gross Profit1,054,447807,173563,263864,828775,728747,592675,309485,480513,851403,872411,121321,45000
Admin Expenses1,019,817617,349777,014817,772832,877410,965733,611383,301421,655269,851138,138-47,05700
Operating Profit34,630189,824-213,75147,056-57,149336,627-58,302102,17992,196134,021272,983368,50700
Interest Payable06,2756,5451,0202,0603,2061,9660000000
Interest Receivable12,4207925553,0902,40661353198564744344224600
Pre-Tax Profit47,051184,342-219,74149,126-56,803334,035-59,738103,16492,843134,464273,425368,75300
Tax-8,940-35,0250-9,3340-63,4670-20,633-19,497-30,927-65,622-95,87600
Profit After Tax38,111149,317-219,74139,792-56,803270,568-59,73882,53173,346103,537207,803272,87700
Dividends Paid00000000000000
Retained Profit38,111149,317-219,74139,792-56,803270,568-59,73882,53173,346103,537207,803272,87700
Employee Costs1,244,7061,280,8801,278,9003,376,4493,251,0722,651,3662,217,262359,286368,523292,302329,019236,16300
Number Of Employees474949135136115101171814161200
EBITDA*243,319433,71040,719147,096160,430556,787166,065391,606222,724214,164312,223390,41700

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Tangible Assets822,912959,7471,061,6331,004,087779,427865,638797,442915,897875,106680,662454,442118,96500
Intangible Assets8,88411,84515,79421,05828,07735,09639,3160000000
Investments & Other312,036145,412145,412145,412145,412145,412145,4120000000
Debtors (Due After 1 year)0065,65100000000000
Total Fixed Assets1,143,8321,117,0041,288,4901,170,557952,9161,046,146982,170915,897875,106680,662454,442118,96500
Stock & work in progress146,470100,278206,640305,438297,260298,019229,820256,344311,383228,817107,57490,76000
Trade Debtors1,139,447697,547387,859300,141293,662246,305159,591210,493142,692178,973326,060224,30800
Group Debtors00000000000000
Misc Debtors0056,158142,775108,631139,77586,0840000000
Cash462,483956,979627,481482,364341,714299,939190,687233,928159,93098,75078,49698,29900
misc current assets00000000000000
total current assets1,748,4001,754,8041,278,1381,230,7181,041,267984,038666,182700,765614,005506,540512,130413,36700
total assets2,892,2322,871,8082,566,6282,401,2751,994,1832,030,1841,648,3521,616,6621,489,1111,187,202966,572532,33200
Bank overdraft005,7238,85621,37530,49210,0680000000
Bank loan00000000000000
Trade Creditors 1,856,6541,872,9681,141,3571,016,069778,929679,331622,082613,774635,351377,947346,990240,70700
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments0033,80501807,60726,4670000000
other current liabilities00204,662221,183178,334186,21662,9830000000
total current liabilities1,856,6541,872,9681,385,5471,246,108978,818903,646721,600613,774635,351377,947346,990240,70700
loans00200,000009,17452,8550000000
hp & lease commitments0030,38100028,1370000000
Accruals and Deferred Income0000027,11600000000
other liabilities35,00010,000112,632122,63220,00032,62337,632169,797127,279159,712106,570000
provisions98,976125,349123,89498,620101,242106,699127,77092,99568,91665,32432,33018,74600
total long term liabilities133,976135,349466,907221,252121,242175,612246,394262,792196,195225,036138,90018,74600
total liabilities1,990,6302,008,3171,852,4541,467,3601,100,0601,079,258967,994876,566831,546602,983485,890259,45300
net assets901,602863,491714,174933,915894,123950,926680,358740,096657,565584,219480,682272,87900
total shareholders funds901,602863,491714,174933,915894,123950,926680,358740,096657,565584,219480,682272,87900
Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Operating Activities
Operating Profit34,630189,824-213,75147,056-57,149336,627-58,302102,17992,196134,021272,983368,50700
Depreciation205,728239,937249,20693,021217,579220,160224,367289,427130,52880,14339,24021,91000
Amortisation2,9613,9495,2647,0190000000000
Tax-8,940-35,0250-9,3340-63,4670-20,633-19,497-30,927-65,622-95,87600
Stock46,192-106,362-98,7988,178-75968,199-26,524-55,03982,566121,24316,81490,76000
Debtors441,900187,87966,75240,62316,213140,40535,18267,801-36,281-147,087101,752224,30800
Creditors-16,314731,611125,288237,14099,59857,2498,308-21,577257,40430,957106,283240,70700
Accruals and Deferred Income0-204,662-16,52142,849-34,998150,34962,9830000000
Deferred Taxes & Provisions-26,3731,45525,274-2,622-5,457-21,07134,77524,0793,59232,99413,58418,74600
Cash flow from operations-296,400845,572206,806366,328204,119471,243263,473360,713417,938273,032247,902238,92600
Investing Activities
capital expenditure-68,893-138,051-306,752-317,681-124,349-284,136-145,228-330,218-324,972-306,363-374,717-140,87500
Change in Investments166,62400000145,4120000000
cash flow from investments-235,517-138,051-306,752-317,681-124,349-284,136-290,640-330,218-324,972-306,363-374,717-140,87500
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans0-200,000200,0000-9,174-43,68152,8550000000
Hire Purchase and Lease Commitments0-64,18664,186-180-7,427-46,99754,6040000000
other long term liabilities25,000-102,632-10,000102,632-12,623-5,009-132,16542,518-32,43353,142106,570000
share issue00000000000200
interest12,420-5,483-5,9902,070346-2,593-1,43598564744344224600
cash flow from financing37,420-372,301248,196104,522-28,878-98,280-26,14143,503-31,78653,585107,01224800
cash and cash equivalents
cash-494,496329,498145,117140,65041,775109,252-43,24173,99861,18020,254-19,80398,29900
overdraft0-5,723-3,133-12,519-9,11720,42410,0680000000
change in cash-494,496335,221148,250153,16950,89288,828-53,30973,99861,18020,254-19,80398,29900

P&L

August 2022

turnover

4.9m

+26%

operating profit

34.6k

0%

gross margin

21.6%

+3.96%

turnover

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

Balance Sheet

August 2022

net assets

901.6k

+0.04%

total assets

2.9m

+0.01%

cash

462.5k

-0.52%

net assets

Total assets minus all liabilities

nafees bakers limited company details

company number

04515390

Type

Private limited with Share Capital

industry

10710 - Manufacture of bread; manufacture of fresh pastry goods and cakes

incorporation date

August 2002

age

22

accounts

Unaudited Abridged

ultimate parent company

None

previous names

N/A

incorporated

UK

address

210-212 lilycroft road, bradford, west yorkshire, BD9 5AJ

last accounts submitted

August 2022

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

charges

nafees bakers limited Companies House Filings - See Documents

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