form nutrition limited

form nutrition limited Company Information

Share FORM NUTRITION LIMITED
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Company Number

04582945

Industry

Manufacture of other food products n.e.c.

 

Shareholders

mrs elisabeth alexandra blake

equiform nutrition ltd

Group Structure

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Contact

Registered Address

newday house, first avenue weston road, crewe, cheshire, CW1 6BE

form nutrition limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of FORM NUTRITION LIMITED at £1.3m based on a Turnover of £2.3m and 0.58x industry multiple (adjusted for size and gross margin).

form nutrition limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FORM NUTRITION LIMITED at £0 based on an EBITDA of £-18.6k and a 4.03x industry multiple (adjusted for size and gross margin).

form nutrition limited Estimated Valuation

£98.3k

Pomanda estimates the enterprise value of FORM NUTRITION LIMITED at £98.3k based on Net Assets of £50.6k and 1.94x industry multiple (adjusted for liquidity).

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Form Nutrition Limited Overview

Form Nutrition Limited is a live company located in crewe, CW1 6BE with a Companies House number of 04582945. It operates in the manufacture of other food products n.e.c. sector, SIC Code 10890. Founded in November 2002, it's largest shareholder is mrs elisabeth alexandra blake with a 79.2% stake. Form Nutrition Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.3m with healthy growth in recent years.

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Form Nutrition Limited Health Check

Pomanda's financial health check has awarded Form Nutrition Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

4 Regular

positive_score

7 Weak

size

Size

annual sales of £2.3m, make it smaller than the average company (£22.9m)

£2.3m - Form Nutrition Limited

£22.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (6%)

6% - Form Nutrition Limited

6% - Industry AVG

production

Production

with a gross margin of 24.6%, this company has a comparable cost of product (24.6%)

24.6% - Form Nutrition Limited

24.6% - Industry AVG

profitability

Profitability

an operating margin of -2.9% make it less profitable than the average company (3.4%)

-2.9% - Form Nutrition Limited

3.4% - Industry AVG

employees

Employees

with 17 employees, this is below the industry average (112)

17 - Form Nutrition Limited

112 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)

£36.8k - Form Nutrition Limited

£36.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £134.4k, this is less efficient (£210k)

£134.4k - Form Nutrition Limited

£210k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 41 days, this is near the average (49 days)

41 days - Form Nutrition Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 54 days, this is slower than average (48 days)

54 days - Form Nutrition Limited

48 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 95 days, this is more than average (51 days)

95 days - Form Nutrition Limited

51 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (6 weeks)

0 weeks - Form Nutrition Limited

6 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 94.9%, this is a higher level of debt than the average (59.9%)

94.9% - Form Nutrition Limited

59.9% - Industry AVG

FORM NUTRITION LIMITED financials

EXPORTms excel logo

Form Nutrition Limited's latest turnover from June 2023 is estimated at £2.3 million and the company has net assets of £50.6 thousand. According to their latest financial statements, Form Nutrition Limited has 17 employees and maintains cash reserves of £7.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover2,285,1512,467,7022,017,3021,922,8831,831,3001,691,9551,870,9231,565,5972,449,9852,436,8392,341,7992,227,4651,904,8731,731,307
Other Income Or Grants00000000000000
Cost Of Sales1,722,0261,834,3291,495,0321,445,6041,374,8111,274,5901,377,6511,152,8251,817,6341,808,4721,757,7641,675,6241,422,7071,291,799
Gross Profit563,124633,373522,269477,278456,489417,365493,271412,772632,351628,367584,035551,840482,166439,508
Admin Expenses630,520670,763380,987296,561395,628446,935399,905410,080611,271718,800626,559545,160461,916487,661
Operating Profit-67,396-37,390141,282180,71760,861-29,57093,3662,69221,080-90,433-42,5246,68020,250-48,153
Interest Payable50,72028,67922,44015,07210,22418,55720,0797,833000000
Interest Receivable2745641771730211122
Pre-Tax Profit-117,842-66,013118,846165,64650,643-48,12073,304-5,11121,081-90,432-42,5236,68220,253-48,151
Tax00-22,581-31,473-9,6220-13,9280-4,21600-1,604-5,2660
Profit After Tax-117,842-66,01396,265134,17341,021-48,12059,376-5,11116,865-90,432-42,5235,07814,987-48,151
Dividends Paid00000000000000
Retained Profit-117,842-66,01396,265134,17341,021-48,12059,376-5,11116,865-90,432-42,5235,07814,987-48,151
Employee Costs626,443658,910629,815612,387500,916502,002448,380412,898428,086425,569390,751388,328310,376310,376
Number Of Employees1719191916161514151514141111
EBITDA*-18,62120,419170,247209,163103,76716,162139,53339,29659,948-43,4526,55745,06646,502-25,402

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets140,245147,941158,81372,94784,872109,692105,877117,276101,529126,576151,742114,109118,49949,090
Intangible Assets20,74826,44832,14837,84844,95362,77851,59626,60933,41340,21747,02153,82560,62967,433
Investments & Other444441021021021021021021021020
Debtors (Due After 1 year)00000000000000
Total Fixed Assets160,997174,393190,965110,799129,829172,572157,575143,987135,044166,895198,865168,036179,230116,523
Stock & work in progress448,473490,635443,662379,573294,449237,032260,679216,147222,755204,311221,205199,385180,499190,325
Trade Debtors257,123253,299175,862145,921174,169165,463251,287171,367371,452372,962334,216352,399266,345216,059
Group Debtors68,00068,00068,00068,00068,00068,00068,00073,662000000
Misc Debtors46,02264,14746,03175,65449,29641,11946,80652,883000000
Cash7,6263,3475,5511,7558338992,01611,67935029028412167778
misc current assets00000000000000
total current assets827,244879,428739,106670,903586,747512,513628,788525,738594,557577,563555,449552,196447,011407,162
total assets988,2411,053,821930,071781,702716,576685,085786,363669,725729,601744,458754,314720,232626,241523,685
Bank overdraft15,38310,00010,00000000000000
Bank loan00000000000000
Trade Creditors 258,749355,391211,223182,910263,869208,665277,064236,516503,168517,996494,383426,249392,869354,049
Group/Directors Accounts16,70514,00914,36013,939218,345232,16111,02610,660000000
other short term finances217,430206,828145,761117,045133,474169,470169,6640000000
hp & lease commitments01,2956,8807,52417,18521,97718,64116,871000000
other current liabilities155,78798,30586,41658,74436,51849,66834,488180,836000000
total current liabilities664,054685,828474,640380,162669,391681,941510,883444,883503,168517,996494,383426,249392,869354,049
loans273,289199,253219,291243,65100231,850241,015000000
hp & lease commitments001,3878,85119,26734,07532,12131,694269,60900000
Accruals and Deferred Income00000000000000
other liabilities00010,87523,9286,1004204200286,503229,540221,069165,536116,787
provisions32532532500000000000
total long term liabilities273,614199,578221,003263,37743,19540,175264,391273,129269,609286,503229,540221,069165,536116,787
total liabilities937,668885,406695,643643,539712,586722,116775,274718,012772,777804,499723,923647,318558,405470,836
net assets50,573168,415234,428138,1633,990-37,03111,089-48,287-43,176-60,04130,39172,91467,83652,849
total shareholders funds50,573168,415234,428138,1633,990-37,03111,089-48,287-43,176-60,04130,39172,91467,83652,849
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit-67,396-37,390141,282180,71760,861-29,57093,3662,69221,080-90,433-42,5246,68020,250-48,153
Depreciation43,07552,10923,26521,34128,00631,91436,15429,80032,06440,17742,27731,58219,44822,184
Amortisation5,7005,7005,7007,10514,90013,81810,0136,8046,8046,8046,8046,8046,804567
Tax00-22,581-31,473-9,6220-13,9280-4,21600-1,604-5,2660
Stock-42,16246,97364,08985,12457,417-23,64744,532-6,60818,444-16,89421,82018,886-9,826190,325
Debtors-14,30195,553318-1,89016,883-91,51168,181-73,540-1,51038,746-18,18386,05450,286216,059
Creditors-96,642144,16828,313-80,95955,204-68,39940,548-266,652-14,82823,61368,13433,38038,820354,049
Accruals and Deferred Income57,48211,88927,67222,226-13,15015,180-146,348180,836000000
Deferred Taxes & Provisions0032500000000000
Cash flow from operations-1,31833,950139,56935,72361,89978,101-92,90833,62823,970-41,69171,054-28,09839,596-77,737
Investing Activities
capital expenditure-35,379-41,237-109,131-9,416-261-60,729-59,755-45,547-7,017-15,011-79,910-27,192-88,857-139,274
Change in Investments0000-9800000001020
cash flow from investments-35,379-41,237-109,131-9,416-163-60,729-59,755-45,547-7,017-15,011-79,910-27,192-88,959-139,274
Financing Activities
Bank loans00000000000000
Group/Directors Accounts2,696-351421-204,406-13,816221,13536610,660000000
Other Short Term Loans 10,60261,06728,716-16,429-35,996-194169,6640000000
Long term loans74,036-20,038-24,360243,6510-231,850-9,165241,015000000
Hire Purchase and Lease Commitments-1,295-6,972-8,108-20,077-19,6005,2902,197-221,044269,60900000
other long term liabilities00-10,875-13,05317,8285,6800420-286,50356,9638,47155,53348,749116,787
share issue0000000000000101,000
interest-50,446-28,623-22,436-15,071-10,217-18,550-20,062-7,803211122
cash flow from financing35,5935,083-36,642-25,385-61,801-18,489143,00023,248-16,89256,9648,47255,53448,751217,789
cash and cash equivalents
cash4,279-2,2043,796922-66-1,117-9,66311,32960262-384245-611778
overdraft5,383010,00000000000000
change in cash-1,104-2,204-6,204922-66-1,117-9,66311,32960262-384245-611778

form nutrition 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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Form Nutrition Limited Competitor Analysis

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Perform a competitor analysis for form nutrition limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in CW1 area or any other competitors across 12 key performance metrics.

form nutrition limited Ownership

FORM NUTRITION LIMITED group structure

Form Nutrition Limited has 3 subsidiary companies.

FORM NUTRITION LIMITED Shareholders

mrs elisabeth alexandra blake 79.21%
equiform nutrition ltd 20.79%

form nutrition limited directors

Form Nutrition Limited currently has 2 directors. The longest serving directors include Mrs Elisabeth Blake (Aug 2003) and Mrs Anna Price (Jul 2008).

officercountryagestartendrole
Mrs Elisabeth BlakeUnited Kingdom70 years Aug 2003- Director
Mrs Anna PriceUnited Kingdom43 years Jul 2008- Director

P&L

June 2023

turnover

2.3m

-7%

operating profit

-67.4k

0%

gross margin

24.7%

-3.99%

turnover

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

Balance Sheet

June 2023

net assets

50.6k

-0.7%

total assets

988.2k

-0.06%

cash

7.6k

+1.28%

net assets

Total assets minus all liabilities

form nutrition limited company details

company number

04582945

Type

Private limited with Share Capital

industry

10890 - Manufacture of other food products n.e.c.

incorporation date

November 2002

age

23

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

June 2023

previous names

equiform nutrition limited (June 2010)

accountant

-

auditor

-

address

newday house, first avenue weston road, crewe, cheshire, CW1 6BE

Bank

-

Legal Advisor

-

form nutrition 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 7 charges/mortgages relating to form nutrition limited. Currently there are 2 open charges and 5 have been satisfied in the past.

form nutrition 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 FORM NUTRITION LIMITED. This can take several minutes, an email will notify you when this has completed.

form nutrition limited Companies House Filings - See Documents

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