sasco sauces limited Company Information
Company Number
04614082
Next Accounts
Jan 2026
Industry
Manufacture of other food products n.e.c.
Shareholders
gary john spicer
susan jane spicer
View AllGroup Structure
View All
Contact
Registered Address
5 yeomans court, ware road, hertford, hertfordshire, SG13 7HJ
Website
www.sascosauces.co.uksasco sauces limited Estimated Valuation
Pomanda estimates the enterprise value of SASCO SAUCES LIMITED at £4.2m based on a Turnover of £6.7m and 0.63x industry multiple (adjusted for size and gross margin).
sasco sauces limited Estimated Valuation
Pomanda estimates the enterprise value of SASCO SAUCES LIMITED at £9.3m based on an EBITDA of £2m and a 4.64x industry multiple (adjusted for size and gross margin).
sasco sauces limited Estimated Valuation
Pomanda estimates the enterprise value of SASCO SAUCES LIMITED at £6.6m based on Net Assets of £3.2m and 2.03x industry multiple (adjusted for liquidity).
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Sasco Sauces Limited Overview
Sasco Sauces Limited is a live company located in hertford, SG13 7HJ with a Companies House number of 04614082. It operates in the manufacture of other food products n.e.c. sector, SIC Code 10890. Founded in December 2002, it's largest shareholder is gary john spicer with a 75% stake. Sasco Sauces Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6.7m with high growth in recent years.
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Sasco Sauces Limited Health Check
Pomanda's financial health check has awarded Sasco Sauces Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £6.7m, make it smaller than the average company (£27m)
- Sasco Sauces Limited
£27m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (10.1%)
- Sasco Sauces Limited
10.1% - Industry AVG
Production
with a gross margin of 24.6%, this company has a comparable cost of product (24.6%)
- Sasco Sauces Limited
24.6% - Industry AVG
Profitability
an operating margin of 24.5% make it more profitable than the average company (3.4%)
- Sasco Sauces Limited
3.4% - Industry AVG
Employees
with 38 employees, this is below the industry average (123)
38 - Sasco Sauces Limited
123 - Industry AVG
Pay Structure
on an average salary of £39k, the company has an equivalent pay structure (£39k)
- Sasco Sauces Limited
£39k - Industry AVG
Efficiency
resulting in sales per employee of £175.6k, this is less efficient (£236.6k)
- Sasco Sauces Limited
£236.6k - Industry AVG
Debtor Days
it gets paid by customers after 61 days, this is later than average (50 days)
- Sasco Sauces Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 72 days, this is slower than average (43 days)
- Sasco Sauces Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 21 days, this is less than average (42 days)
- Sasco Sauces Limited
42 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 86 weeks, this is more cash available to meet short term requirements (7 weeks)
86 weeks - Sasco Sauces Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.6%, this is a lower level of debt than the average (56.4%)
34.6% - Sasco Sauces Limited
56.4% - Industry AVG
SASCO SAUCES LIMITED financials
Sasco Sauces Limited's latest turnover from April 2024 is estimated at £6.7 million and the company has net assets of £3.2 million. According to their latest financial statements, Sasco Sauces Limited has 38 employees and maintains cash reserves of £2.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 8,794,770 | 10,392,502 | 11,167,198 | 11,689,275 | 11,486,504 | 11,355,442 | |||||||||
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
Cost Of Sales | 6,836,770 | 8,342,311 | 8,773,495 | 9,764,030 | 9,552,477 | 9,336,075 | |||||||||
Gross Profit | 1,958,000 | 2,050,191 | 2,393,703 | 1,925,245 | 1,934,027 | 2,019,367 | |||||||||
Admin Expenses | 1,394,153 | 1,252,588 | 1,238,878 | 1,202,694 | 1,164,499 | 1,161,705 | |||||||||
Operating Profit | 563,847 | 797,603 | 1,154,825 | 722,551 | 769,528 | 857,662 | |||||||||
Interest Payable | 34,666 | 40,876 | 28,574 | 20,159 | 5,241 | 19,763 | |||||||||
Interest Receivable | 7,521 | 3,787 | 4,361 | 0 | 0 | 0 | |||||||||
Pre-Tax Profit | 103,223 | 327,035 | 697,133 | 268,913 | 330,808 | -114,860 | |||||||||
Tax | -89,814 | -166,585 | -273,825 | -166,592 | -196,777 | -229,489 | |||||||||
Profit After Tax | 13,409 | 160,450 | 423,308 | 102,321 | 134,031 | -344,349 | |||||||||
Dividends Paid | 520,000 | 425,000 | 350,000 | 180,000 | 80,000 | 400,000 | |||||||||
Retained Profit | -506,591 | -264,550 | 73,308 | -77,679 | 54,031 | -744,349 | |||||||||
Employee Costs | 1,092,175 | 917,132 | 851,023 | 807,597 | 846,141 | 853,977 | |||||||||
Number Of Employees | 38 | 33 | 33 | 35 | 42 | 36 | 35 | 34 | 39 | 35 | 41 | 37 | 35 | 34 | 34 |
EBITDA* | 1,067,308 | 1,309,858 | 1,656,570 | 1,210,281 | 1,248,988 | 1,352,527 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 461,554 | 413,064 | 491,949 | 399,298 | 422,878 | 458,258 | 502,231 | 544,786 | 630,423 | 562,395 | 653,262 | 658,214 | 543,820 | 448,925 | 349,096 |
Intangible Assets | 0 | 328,236 | 491,815 | 655,394 | 818,973 | 982,552 | 1,146,311 | 1,310,070 | 1,473,829 | 1,733,916 | 2,167,395 | 2,600,874 | 3,034,353 | 3,467,832 | 3,901,311 |
Investments & Other | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 120 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 461,674 | 741,420 | 983,884 | 1,054,812 | 1,241,971 | 1,440,930 | 1,648,662 | 1,854,976 | 2,104,372 | 2,296,431 | 2,820,777 | 3,259,208 | 3,578,293 | 3,916,877 | 4,250,527 |
Stock & work in progress | 295,894 | 323,026 | 324,370 | 181,682 | 198,868 | 264,233 | 235,164 | 270,823 | 226,840 | 230,582 | 303,278 | 273,336 | 489,634 | 250,490 | 250,416 |
Trade Debtors | 1,116,533 | 885,664 | 845,686 | 626,024 | 595,466 | 946,528 | 974,225 | 1,087,962 | 1,026,399 | 1,072,145 | 1,278,666 | 1,274,911 | 1,446,681 | 1,707,765 | 1,627,486 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 403,735 | 483,158 | 86,227 | 78,462 | 38,538 | 70,595 | 78,838 | 85,765 | 87,034 | 92,764 | 87,119 | 81,017 | 116,246 | 116,539 | 121,265 |
Cash | 2,677,535 | 1,301,231 | 611,516 | 858,579 | 789,025 | 300,017 | 173,758 | 321,313 | 670,974 | 400,794 | 641,017 | 629,793 | 138,186 | 36,423 | 203,977 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 4,493,697 | 2,993,079 | 1,867,799 | 1,744,747 | 1,621,897 | 1,581,373 | 1,461,985 | 1,765,863 | 2,011,247 | 1,796,285 | 2,310,080 | 2,259,057 | 2,190,747 | 2,111,217 | 2,203,144 |
total assets | 4,955,371 | 3,734,499 | 2,851,683 | 2,799,559 | 2,863,868 | 3,022,303 | 3,110,647 | 3,620,839 | 4,115,619 | 4,092,716 | 5,130,857 | 5,518,265 | 5,769,040 | 6,028,094 | 6,453,671 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 10,417 | 125,000 | 78,982 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 1,005,251 | 846,706 | 621,223 | 591,371 | 643,712 | 851,302 | 809,410 | 1,033,421 | 935,351 | 693,864 | 1,062,054 | 976,586 | 1,299,782 | 1,147,955 | 1,144,571 |
Group/Directors Accounts | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 5,803 | 270 | 120 | 120 | 0 | 120 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 269,923 | 528,525 | 947,311 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 103,545 | 110,633 | 40,696 | 39,173 | 0 |
other current liabilities | 610,017 | 856,400 | 615,574 | 459,169 | 792,930 | 623,947 | 498,884 | 527,865 | 941,856 | 529,463 | 570,496 | 667,866 | 579,840 | 633,164 | 777,985 |
total current liabilities | 1,615,388 | 1,713,643 | 1,361,917 | 1,129,642 | 1,436,762 | 1,475,369 | 1,308,414 | 1,561,406 | 1,877,327 | 1,229,130 | 1,736,365 | 1,755,205 | 2,190,361 | 2,348,817 | 2,869,987 |
loans | 0 | 0 | 10,417 | 171,018 | 250,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 103,545 | 2,110 | 37,651 | 0 |
Accruals and Deferred Income | 0 | 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 | 0 |
provisions | 100,925 | 86,926 | 78,948 | 83,859 | 63,102 | 67,401 | 72,866 | 51,727 | 64,250 | 57,457 | 81,772 | 82,245 | 72,607 | 59,985 | 56,074 |
total long term liabilities | 100,925 | 86,926 | 89,365 | 254,877 | 313,102 | 67,401 | 72,866 | 51,727 | 64,250 | 57,457 | 81,772 | 185,790 | 74,717 | 97,636 | 56,074 |
total liabilities | 1,716,313 | 1,800,569 | 1,451,282 | 1,384,519 | 1,749,864 | 1,542,770 | 1,381,280 | 1,613,133 | 1,941,577 | 1,286,587 | 1,818,137 | 1,940,995 | 2,265,078 | 2,446,453 | 2,926,061 |
net assets | 3,239,058 | 1,933,930 | 1,400,401 | 1,415,040 | 1,114,004 | 1,479,533 | 1,729,367 | 2,007,706 | 2,174,042 | 2,806,129 | 3,312,720 | 3,577,270 | 3,503,962 | 3,581,641 | 3,527,610 |
total shareholders funds | 3,239,058 | 1,933,930 | 1,400,401 | 1,415,040 | 1,114,004 | 1,479,533 | 1,729,367 | 2,007,706 | 2,174,042 | 2,806,129 | 3,312,720 | 3,577,270 | 3,503,962 | 3,581,641 | 3,527,610 |
Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 563,847 | 797,603 | 1,154,825 | 722,551 | 769,528 | 857,662 | |||||||||
Depreciation | 46,726 | 50,542 | 58,682 | 47,764 | 49,872 | 52,470 | 56,425 | 5,997 | 69,599 | 69,982 | 78,776 | 68,266 | 54,251 | 45,981 | 61,386 |
Amortisation | 328,236 | 163,579 | 163,579 | 163,579 | 163,579 | 163,759 | 163,759 | 163,759 | 260,087 | 433,479 | 433,479 | 433,479 | 433,479 | 433,479 | 433,479 |
Tax | -89,814 | -166,585 | -273,825 | -166,592 | -196,777 | -229,489 | |||||||||
Stock | -27,132 | -1,344 | 142,688 | -17,186 | -65,365 | 29,069 | -35,659 | 43,983 | -3,742 | -72,696 | 29,942 | -216,298 | 239,144 | 74 | 250,416 |
Debtors | 151,446 | 436,909 | 227,427 | 70,482 | -383,119 | -35,940 | -120,664 | 60,294 | -51,476 | -200,876 | 9,857 | -206,999 | -261,377 | 75,553 | 1,748,751 |
Creditors | 158,545 | 225,483 | 29,852 | -52,341 | -207,590 | 41,892 | -224,011 | 98,070 | 241,487 | -368,190 | 85,468 | -323,196 | 151,827 | 3,384 | 1,144,571 |
Accruals and Deferred Income | -246,383 | 240,826 | 156,405 | -333,761 | 168,983 | 125,063 | -28,981 | -413,991 | 412,393 | -41,033 | -97,370 | 88,026 | -53,324 | -144,821 | 777,985 |
Deferred Taxes & Provisions | 13,999 | 7,978 | -4,911 | 20,757 | -4,299 | -5,465 | 21,139 | -12,523 | 6,793 | -24,315 | -473 | 9,638 | 12,622 | 3,911 | 56,074 |
Cash flow from operations | 817,528 | 1,091,099 | 1,580,510 | 1,177,047 | 839,058 | 1,102,501 | |||||||||
Investing Activities | |||||||||||||||
capital expenditure | 10,080 | -75,213 | -192,316 | -87,649 | -154,147 | -4,779,606 | |||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 120 |
cash flow from investments | 10,080 | -75,213 | -192,316 | -87,649 | -154,147 | -4,779,726 | |||||||||
Financing Activities | |||||||||||||||
Bank loans | -10,417 | -114,583 | 46,018 | 78,982 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5,683 | 5,533 | 150 | 0 | 120 | -120 | 120 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -269,923 | -258,602 | -418,786 | 947,311 |
Long term loans | 0 | -10,417 | -160,601 | -78,982 | 250,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -103,545 | -110,633 | 171,372 | -34,018 | 76,824 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | -27,145 | -37,089 | -24,213 | -20,159 | -5,241 | -19,763 | |||||||||
cash flow from financing | -125,157 | -147,572 | -122,764 | -312,659 | -347,323 | 5,199,627 | |||||||||
cash and cash equivalents | |||||||||||||||
cash | 1,376,304 | 689,715 | -247,063 | 69,554 | 489,008 | 126,259 | -147,555 | -349,661 | 270,180 | -240,223 | 11,224 | 491,607 | 101,763 | -167,554 | 203,977 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 1,376,304 | 689,715 | -247,063 | 69,554 | 489,008 | 126,259 | -147,555 | -349,661 | 270,180 | -240,223 | 11,224 | 491,607 | 101,763 | -167,554 | 203,977 |
sasco sauces limited Credit Report and Business Information
Sasco Sauces Limited Competitor Analysis
Perform a competitor analysis for sasco sauces limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in SG13 area or any other competitors across 12 key performance metrics.
sasco sauces limited Ownership
SASCO SAUCES LIMITED group structure
Sasco Sauces Limited has 1 subsidiary company.
sasco sauces limited directors
Sasco Sauces Limited currently has 5 directors. The longest serving directors include Mr Gary Spicer (Dec 2002) and Ms Susan Spicer (Mar 2015).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Gary Spicer | England | 58 years | Dec 2002 | - | Director |
Ms Susan Spicer | England | 58 years | Mar 2015 | - | Director |
Mr Ryan Spicer | United Kingdom | 28 years | Jan 2017 | - | Director |
Mr Daniel Spicer | United Kingdom | 35 years | Jan 2017 | - | Director |
Miss Grace Spicer | United Kingdom | 32 years | Jan 2017 | - | Director |
P&L
April 2024turnover
6.7m
+29%
operating profit
1.6m
0%
gross margin
24.6%
-0.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
3.2m
+0.67%
total assets
5m
+0.33%
cash
2.7m
+1.06%
net assets
Total assets minus all liabilities
sasco sauces limited company details
company number
04614082
Type
Private limited with Share Capital
industry
10890 - Manufacture of other food products n.e.c.
incorporation date
December 2002
age
22
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
sasco holdings limited (May 2009)
accountant
-
auditor
-
address
5 yeomans court, ware road, hertford, hertfordshire, SG13 7HJ
Bank
-
Legal Advisor
-
sasco sauces 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 sasco sauces limited. Currently there are 0 open charges and 3 have been satisfied in the past.
sasco sauces limited Companies House Filings - See Documents
date | description | view/download |
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