liquid ingredient sourcing limited
liquid ingredient sourcing limited Company Information
Company Number
04589511
Website
http://fayrefield.comRegistered Address
rough hill rough hill, marlston-cum-lache, chester, CH4 9JS
Industry
Wholesale of dairy products, eggs and edible oils and fats
Telephone
01270589311
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
meadow foods holdings limited 100%
liquid ingredient sourcing limited Estimated Valuation
Pomanda estimates the enterprise value of LIQUID INGREDIENT SOURCING LIMITED at £4.1m based on a Turnover of £12.6m and 0.32x industry multiple (adjusted for size and gross margin).
liquid ingredient sourcing limited Estimated Valuation
Pomanda estimates the enterprise value of LIQUID INGREDIENT SOURCING LIMITED at £3.7m based on an EBITDA of £1m and a 3.66x industry multiple (adjusted for size and gross margin).
liquid ingredient sourcing limited Estimated Valuation
Pomanda estimates the enterprise value of LIQUID INGREDIENT SOURCING LIMITED at £4.4m based on Net Assets of £4.1m and 1.07x industry multiple (adjusted for liquidity).
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Liquid Ingredient Sourcing Limited Overview
Liquid Ingredient Sourcing Limited is a live company located in chester, CH4 9JS with a Companies House number of 04589511. It operates in the wholesale of dairy products, eggs and edible oils and fats sector, SIC Code 46330. Founded in November 2002, it's largest shareholder is meadow foods holdings limited with a 100% stake. Liquid Ingredient Sourcing Limited is a mature, mid sized company, Pomanda has estimated its turnover at £12.6m with low growth in recent years.
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Liquid Ingredient Sourcing Limited Health Check
Pomanda's financial health check has awarded Liquid Ingredient Sourcing Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
5 Weak
Size
annual sales of £12.6m, make it smaller than the average company (£32.2m)
£12.6m - Liquid Ingredient Sourcing Limited
£32.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (9.4%)
2% - Liquid Ingredient Sourcing Limited
9.4% - Industry AVG
Production
with a gross margin of 9.2%, this company has a higher cost of product (12.7%)
9.2% - Liquid Ingredient Sourcing Limited
12.7% - Industry AVG
Profitability
an operating margin of 8.1% make it more profitable than the average company (1.8%)
8.1% - Liquid Ingredient Sourcing Limited
1.8% - Industry AVG
Employees
with 18 employees, this is below the industry average (60)
- Liquid Ingredient Sourcing Limited
60 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Liquid Ingredient Sourcing Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £701.9k, this is equally as efficient (£729.2k)
- Liquid Ingredient Sourcing Limited
£729.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Liquid Ingredient Sourcing Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is quicker than average (35 days)
28 days - Liquid Ingredient Sourcing Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Liquid Ingredient Sourcing Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Liquid Ingredient Sourcing Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.8%, this is a lower level of debt than the average (68.2%)
23.8% - Liquid Ingredient Sourcing Limited
68.2% - Industry AVG
LIQUID INGREDIENT SOURCING LIMITED financials
Liquid Ingredient Sourcing Limited's latest turnover from March 2023 is £12.6 million and the company has net assets of £4.1 million. According to their latest financial statements, we estimate that Liquid Ingredient Sourcing Limited has 18 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 12,635,000 | 9,711,000 | 10,000,000 | 12,005,000 | 15,642,000 | 26,194,000 | 16,134,000 | 18,150,672 | 29,584,579 | 29,166,638 | 24,756,587 | 27,297,506 | 24,169,893 | 22,548,140 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 11,479,000 | 9,204,000 | 9,403,000 | 11,288,000 | 14,768,000 | 25,565,000 | 15,954,000 | 18,004,223 | 29,218,743 | 28,929,752 | 24,652,598 | 27,190,487 | 24,048,224 | 22,415,589 |
| Gross Profit | 1,156,000 | 507,000 | 597,000 | 717,000 | 874,000 | 629,000 | 180,000 | 146,449 | 365,836 | 236,886 | 103,989 | 107,019 | 121,669 | 132,551 |
| Admin Expenses | 139,000 | 75,000 | 41,000 | 99,000 | 67,000 | 90,000 | 164,000 | 165,712 | 162,999 | 108,206 | 75,641 | 78,450 | 93,181 | 104,947 |
| Operating Profit | 1,017,000 | 432,000 | 556,000 | 618,000 | 807,000 | 539,000 | 16,000 | -19,263 | 202,837 | 128,680 | 28,348 | 28,569 | 28,488 | 27,604 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,274 | 402 | 237 | 158 | 205 | 281 | 210 |
| Pre-Tax Profit | 1,017,000 | 432,000 | 556,000 | 618,000 | 807,000 | 539,000 | -16,000 | -17,989 | 203,239 | 128,917 | 28,506 | 28,774 | 28,769 | 27,814 |
| Tax | 0 | 0 | 0 | 0 | 0 | -100,000 | 0 | 2,814 | -43,888 | -30,337 | -7,442 | -7,939 | -7,075 | -7,739 |
| Profit After Tax | 1,017,000 | 432,000 | 556,000 | 618,000 | 807,000 | 439,000 | -16,000 | -15,175 | 159,351 | 98,580 | 21,064 | 20,835 | 21,694 | 20,075 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 150,000 | 0 | 0 | 0 | 0 | 150,000 | 0 | 0 |
| Retained Profit | 1,017,000 | 432,000 | 556,000 | 618,000 | 807,000 | 439,000 | -166,000 | -15,175 | 159,351 | 98,580 | 21,064 | -129,165 | 21,694 | 20,075 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Number Of Employees | 3 | 3 | 4 | 4 | ||||||||||
| EBITDA* | 1,017,000 | 432,000 | 556,000 | 618,000 | 807,000 | 539,000 | 16,000 | -18,094 | 204,680 | 130,753 | 30,457 | 30,762 | 31,016 | 31,735 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 614 | 1,707 | 3,474 | 4,434 | 4,431 | 6,161 | 3,790 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 412 | 488 | 564 | 640 | 716 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16,667 | 33,332 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,026 | 2,195 | 20,705 | 38,406 | 5,147 | 6,161 | 3,790 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 60,000 | 29,877 | 32,068 | 46,628 | 28,923 | 20,594 | 17,651 | 9,427 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 92,000 | 1,925 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 5,339,000 | 4,110,000 | 3,635,000 | 3,070,000 | 2,779,000 | 2,351,000 | 1,772,000 | 1,269,779 | 1,946,844 | 2,837,710 | 2,024,810 | 2,104,048 | 2,024,006 | 1,859,818 |
| Misc Debtors | 0 | 0 | 0 | 0 | 3,000 | 0 | 173,000 | 133,950 | 84,688 | 63,211 | 75,107 | 57,210 | 71,736 | 44,883 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 17,000 | 297,142 | 249,704 | 87,998 | 229,653 | 124,194 | 368,149 | 198,414 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,339,000 | 4,110,000 | 3,635,000 | 3,070,000 | 2,782,000 | 2,351,000 | 2,114,000 | 1,732,673 | 2,313,304 | 3,035,547 | 2,358,493 | 2,306,046 | 2,481,542 | 2,112,542 |
| total assets | 5,339,000 | 4,110,000 | 3,635,000 | 3,070,000 | 2,782,000 | 2,351,000 | 2,114,000 | 1,733,699 | 2,315,499 | 3,056,252 | 2,396,899 | 2,311,193 | 2,487,703 | 2,116,332 |
| 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 | 902,000 | 815,000 | 835,000 | 854,000 | 1,272,000 | 1,618,000 | 1,689,000 | 1,325,344 | 1,746,379 | 2,720,460 | 2,052,171 | 2,000,058 | 1,936,707 | 1,753,143 |
| Group/Directors Accounts | 371,000 | 246,000 | 183,000 | 155,000 | 67,000 | 0 | 132,000 | 22,880 | 84,786 | 37,931 | 152,870 | 107,294 | 139,187 | 88,344 |
| 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 | 0 | 0 | 0 | 0 | 0 | 97,000 | 96,000 | 23,225 | 106,909 | 79,787 | 72,364 | 105,411 | 184,214 | 68,944 |
| total current liabilities | 1,273,000 | 1,061,000 | 1,018,000 | 1,009,000 | 1,339,000 | 1,715,000 | 1,917,000 | 1,371,449 | 1,938,074 | 2,838,178 | 2,277,405 | 2,212,763 | 2,260,108 | 1,910,431 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,273,000 | 1,061,000 | 1,018,000 | 1,009,000 | 1,339,000 | 1,715,000 | 1,917,000 | 1,371,449 | 1,938,074 | 2,838,178 | 2,277,405 | 2,212,763 | 2,260,108 | 1,910,431 |
| net assets | 4,066,000 | 3,049,000 | 2,617,000 | 2,061,000 | 1,443,000 | 636,000 | 197,000 | 362,250 | 377,425 | 218,074 | 119,494 | 98,430 | 227,595 | 205,901 |
| total shareholders funds | 4,066,000 | 3,049,000 | 2,617,000 | 2,061,000 | 1,443,000 | 636,000 | 197,000 | 362,250 | 377,425 | 218,074 | 119,494 | 98,430 | 227,595 | 205,901 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 1,017,000 | 432,000 | 556,000 | 618,000 | 807,000 | 539,000 | 16,000 | -19,263 | 202,837 | 128,680 | 28,348 | 28,569 | 28,488 | 27,604 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,093 | 1,767 | 1,997 | 2,033 | 2,149 | 2,528 | 4,131 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 76 | 76 | 76 | 76 | 44 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | -100,000 | 0 | 2,814 | -43,888 | -30,337 | -7,442 | -7,939 | -7,075 | -7,739 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 30,123 | -2,191 | -14,560 | 17,705 | 8,329 | 2,943 | 8,224 | 9,427 |
| Debtors | 1,229,000 | 475,000 | 565,000 | 288,000 | 431,000 | 2,351,000 | 631,346 | -625,878 | -869,389 | 801,004 | -61,341 | 65,516 | 191,041 | 1,904,701 |
| Creditors | 87,000 | -20,000 | -19,000 | -418,000 | -346,000 | 1,618,000 | 363,656 | -421,035 | -974,081 | 668,289 | 52,113 | 63,351 | 183,564 | 1,753,143 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -97,000 | 97,000 | 72,775 | -83,684 | 27,122 | 7,423 | -33,047 | -78,803 | 115,270 | 68,944 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -125,000 | -63,000 | -28,000 | -88,000 | -67,000 | -197,000 | -209,038 | 108,070 | 97,782 | -42,581 | 95,093 | -61,088 | 123,510 | -68,045 |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | -1,037 | -2,036 | -1,379 | -4,899 | -1,659 | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -16,667 | -16,665 | 33,332 | 0 | 0 | 0 |
| cash flow from investments | 16,667 | 15,628 | -35,368 | -1,379 | -4,899 | -1,659 | ||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 125,000 | 63,000 | 28,000 | 88,000 | 67,000 | 0 | 109,120 | -61,906 | 46,855 | -114,939 | 45,576 | -31,893 | 50,843 | 88,344 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,274 | 402 | 237 | 158 | 205 | 281 | 210 |
| cash flow from financing | 125,000 | 63,000 | 28,000 | 88,000 | 67,000 | 197,000 | 109,870 | -60,632 | 47,257 | -114,702 | 45,734 | -31,688 | 51,124 | 274,380 |
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -280,142 | 47,438 | 161,706 | -141,655 | 105,459 | -243,955 | 169,735 | 198,414 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -280,142 | 47,438 | 161,706 | -141,655 | 105,459 | -243,955 | 169,735 | 198,414 |
liquid ingredient sourcing limited Credit Report and Business Information
Liquid Ingredient Sourcing Limited Competitor Analysis
Perform a competitor analysis for liquid ingredient sourcing 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 CH4 area or any other competitors across 12 key performance metrics.
liquid ingredient sourcing limited Ownership
LIQUID INGREDIENT SOURCING LIMITED group structure
Liquid Ingredient Sourcing Limited has no subsidiary companies.
Ultimate parent company
2 parents
LIQUID INGREDIENT SOURCING LIMITED
04589511
liquid ingredient sourcing limited directors
Liquid Ingredient Sourcing Limited currently has 2 directors. The longest serving directors include Mr Rajesh Tugnait (May 2022) and Mr Jack Hancock (Sep 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rajesh Tugnait | 55 years | May 2022 | - | Director | |
| Mr Jack Hancock | 38 years | Sep 2024 | - | Director |
P&L
March 2023turnover
12.6m
+30%
operating profit
1m
+135%
gross margin
9.2%
+75.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
4.1m
+0.33%
total assets
5.3m
+0.3%
cash
0
0%
net assets
Total assets minus all liabilities
liquid ingredient sourcing limited company details
company number
04589511
Type
Private limited with Share Capital
industry
46330 - Wholesale of dairy products, eggs and edible oils and fats
incorporation date
November 2002
age
22
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
fayrefield liquids limited (August 2017)
last accounts submitted
March 2023
address
rough hill rough hill, marlston-cum-lache, chester, CH4 9JS
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
liquid ingredient sourcing 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 3 charges/mortgages relating to liquid ingredient sourcing limited. Currently there are 2 open charges and 1 have been satisfied in the past.
liquid ingredient sourcing limited Companies House Filings - See Documents
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