e-foods limited
e-foods limited Company Information
Company Number
04631608
Website
http://e-foods.co.ukRegistered Address
parklands court 24 parklands, rubery, birmingham, west midlands, B45 9PZ
Industry
Agents specialised in the sale of other particular products
Non-specialised wholesale of food, beverages and tobacco
Telephone
01613379154
Next Accounts Due
79 days late
Group Structure
View All
Shareholders
ef group ltd 100%
e-foods limited Estimated Valuation
Pomanda estimates the enterprise value of E-FOODS LIMITED at £31.3m based on a Turnover of £53.9m and 0.58x industry multiple (adjusted for size and gross margin).
e-foods limited Estimated Valuation
Pomanda estimates the enterprise value of E-FOODS LIMITED at £5.3m based on an EBITDA of £859.2k and a 6.2x industry multiple (adjusted for size and gross margin).
e-foods limited Estimated Valuation
Pomanda estimates the enterprise value of E-FOODS LIMITED at £1.4m based on Net Assets of £1.4m and 0.94x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
E-foods Limited Overview
E-foods Limited is a live company located in birmingham, B45 9PZ with a Companies House number of 04631608. It operates in the agents involved in the sale of food, beverages and tobacco sector, SIC Code 46170. Founded in January 2003, it's largest shareholder is ef group ltd with a 100% stake. E-foods Limited is a mature, large sized company, Pomanda has estimated its turnover at £53.9m with high growth in recent years.
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E-foods Limited Health Check
Pomanda's financial health check has awarded E-Foods Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 6 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
6 Weak
Size
annual sales of £61.8m, make it larger than the average company (£11.7m)
£61.8m - E-foods Limited
£11.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (3.4%)
22% - E-foods Limited
3.4% - Industry AVG
Production
with a gross margin of 9.1%, this company has a higher cost of product (22.7%)
9.1% - E-foods Limited
22.7% - Industry AVG
Profitability
an operating margin of 1.7% make it less profitable than the average company (5.3%)
1.7% - E-foods Limited
5.3% - Industry AVG
Employees
with 70 employees, this is above the industry average (25)
70 - E-foods Limited
25 - Industry AVG
Pay Structure
on an average salary of £51.7k, the company has a higher pay structure (£40.5k)
£51.7k - E-foods Limited
£40.5k - Industry AVG
Efficiency
resulting in sales per employee of £883.1k, this is more efficient (£405.6k)
£883.1k - E-foods Limited
£405.6k - Industry AVG
Debtor Days
it gets paid by customers after 72 days, this is later than average (50 days)
72 days - E-foods Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 81 days, this is slower than average (35 days)
81 days - E-foods Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (46 days)
0 days - E-foods Limited
46 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (19 weeks)
0 weeks - E-foods Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.3%, this is a higher level of debt than the average (56.5%)
95.3% - E-foods Limited
56.5% - Industry AVG
E-FOODS LIMITED financials
E-Foods Limited's latest turnover from September 2022 is £53.9 million and the company has net assets of £1.4 million. According to their latest financial statements, E-Foods Limited has 68 employees and maintains cash reserves of £775 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 53,888,154 | 61,816,546 | 57,116,621 | 63,871,987 | 34,108,605 | 60,224,747 | 50,138,456 | 50,386,152 | 34,585,088 | 37,913,293 | 28,417,272 | 28,516,735 | 20,902,298 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 49,728,104 | 56,192,403 | 52,187,281 | 58,997,166 | 32,031,466 | 56,401,134 | 46,795,122 | 46,411,786 | 32,031,354 | |||||
| Gross Profit | 4,160,050 | 5,624,143 | 4,929,340 | 4,874,821 | 2,077,139 | 3,823,613 | 3,343,334 | 3,974,366 | 2,553,734 | |||||
| Admin Expenses | 3,353,337 | 4,559,301 | 3,829,174 | 3,665,324 | 1,649,811 | 3,282,588 | 3,187,754 | 3,749,880 | 2,300,228 | |||||
| Operating Profit | 806,713 | 1,064,842 | 1,100,166 | 1,209,497 | 427,328 | 541,025 | 155,580 | 224,486 | 253,506 | 524,289 | 140,191 | 365,209 | 236,831 | |
| Interest Payable | 59,295 | 63,415 | 45,295 | 60,077 | 30,769 | 47,423 | 53,306 | 96,391 | 74,855 | 66,110 | 25,053 | 2,251 | 2,698 | |
| Interest Receivable | 0 | 0 | 0 | 222 | 105 | 104 | 48 | 81 | 44 | 76 | 4,526 | 9,622 | 225 | |
| Pre-Tax Profit | 747,418 | 1,001,427 | 1,054,871 | 3,980 | 396,664 | -138,862 | 102,322 | -207,594 | 178,695 | 458,255 | 119,664 | 372,580 | 224,358 | |
| Tax | -167,393 | -171,100 | -190,755 | -134,440 | -81,162 | -10,903 | -33,701 | 37,054 | -50,006 | -105,154 | -29,923 | -90,926 | -53,643 | |
| Profit After Tax | 580,025 | 830,327 | 864,116 | -130,460 | 315,502 | -149,765 | 68,621 | -170,540 | 128,689 | 353,101 | 89,741 | 281,654 | 170,715 | |
| Dividends Paid | 0 | 825,000 | 375,000 | 0 | 0 | 0 | 0 | 209,000 | 170,000 | 100,000 | 0 | 42,553 | 30,800 | |
| Retained Profit | 580,025 | 5,327 | 489,116 | -130,460 | 315,502 | -149,765 | 68,621 | -379,540 | -41,311 | 253,101 | 89,741 | 239,101 | 139,915 | |
| Employee Costs | 2,574,015 | 3,622,337 | 2,935,299 | 2,730,064 | 1,215,316 | 2,165,081 | 1,992,602 | 2,324,274 | 1,354,025 | 667,738 | 534,329 | 1,294,482 | 380,198 | |
| Number Of Employees | 68 | 70 | 63 | 64 | 61 | 55 | 47 | 37 | 39 | 35 | 27 | 25 | 18 | |
| EBITDA* | 859,186 | 1,097,596 | 1,155,344 | 1,293,754 | 472,794 | 635,469 | 205,426 | 362,092 | 359,097 | 662,288 | 213,057 | 416,214 | 265,936 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 175,629 | 172,550 | 47,597 | 32,085 | 14,137 | 169,874 | 80,326 | 93,321 | 151,760 | 303,990 | 366,419 | 275,162 | 75,908 | 75,850 |
| Intangible Assets | 330,933 | 292,060 | 178,435 | 138,230 | 110,976 | 0 | 0 | 0 | 21,884 | 24,316 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 506,562 | 464,610 | 226,032 | 170,315 | 125,113 | 169,874 | 80,326 | 93,321 | 173,644 | 328,306 | 366,419 | 275,162 | 75,908 | 75,850 |
| Stock & work in progress | 2,615 | 11,449 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 936 | 936 | 936 |
| Trade Debtors | 15,179,093 | 12,272,235 | 11,246,048 | 10,872,591 | 12,850,829 | 13,176,675 | 11,976,720 | 6,497,173 | 6,417,892 | 7,429,767 | 5,809,438 | 4,808,079 | 4,737,196 | 2,916,587 |
| Group Debtors | 284,164 | 4,366,105 | 3,296,932 | 3,208,094 | 0 | 842,523 | 587,310 | 355,339 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,177,311 | 1,228,149 | 845,997 | 1,049,578 | 0 | 1,025,666 | 1,251,632 | 1,166,631 | 1,216,387 | 1,086,926 | 1,107,328 | 609,465 | 509,933 | 0 |
| Cash | 775,044 | 175,598 | 128,093 | 230,158 | 202,196 | 158,350 | 234,655 | 54,251 | 36,261 | 479 | 31,279 | 818,337 | 510,755 | 189,775 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 17,418,227 | 18,053,536 | 15,517,070 | 15,360,421 | 14,682,690 | 15,203,214 | 14,050,317 | 8,073,394 | 7,670,540 | 8,517,172 | 6,948,045 | 6,236,817 | 5,758,820 | 3,107,298 |
| total assets | 17,924,789 | 18,518,146 | 15,743,102 | 15,530,736 | 14,807,803 | 15,373,088 | 14,130,643 | 8,166,715 | 7,844,184 | 8,845,478 | 7,314,464 | 6,511,979 | 5,834,728 | 3,183,148 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 91,581 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 15,586,961 | 12,603,685 | 10,718,375 | 11,062,055 | 10,705,618 | 11,556,349 | 10,244,442 | 5,348,946 | 4,323,985 | 3,892,291 | 5,124,472 | 4,867,098 | 4,327,176 | 3,011,812 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 744,503 | 466,459 | 3,299 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23,068 | 46,451 | 8,086 | 0 |
| other current liabilities | 786,951 | 4,977,906 | 4,139,474 | 4,081,822 | 0 | 3,632,448 | 3,552,145 | 2,552,334 | 2,867,892 | 4,167,114 | 977,746 | 776,612 | 1,193,002 | 0 |
| total current liabilities | 16,373,912 | 17,581,591 | 14,857,849 | 15,143,877 | 14,301,709 | 15,188,797 | 13,796,587 | 7,901,280 | 7,191,877 | 8,150,986 | 6,869,789 | 6,156,620 | 5,531,563 | 3,011,812 |
| 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 | 24,007 | 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 | 32,093 |
| provisions | 107,076 | 72,779 | 26,804 | 17,526 | 6,301 | 0 | 0 | 0 | 7,332 | 8,206 | 11,490 | 11,915 | 0 | 0 |
| total long term liabilities | 107,076 | 72,779 | 26,804 | 17,526 | 6,301 | 0 | 0 | 0 | 7,332 | 8,206 | 11,490 | 11,915 | 24,007 | 32,093 |
| total liabilities | 16,480,988 | 17,654,370 | 14,884,653 | 15,161,403 | 14,308,010 | 15,188,797 | 13,796,587 | 7,901,280 | 7,199,209 | 8,159,192 | 6,881,279 | 6,168,535 | 5,555,570 | 3,043,905 |
| net assets | 1,443,801 | 863,776 | 858,449 | 369,333 | 499,793 | 184,291 | 334,056 | 265,435 | 644,975 | 686,286 | 433,185 | 343,444 | 279,158 | 139,243 |
| total shareholders funds | 1,443,801 | 863,776 | 858,449 | 369,333 | 499,793 | 184,291 | 334,056 | 265,435 | 644,975 | 686,286 | 433,185 | 343,444 | 279,158 | 139,243 |
| Sep 2022 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 806,713 | 1,064,842 | 1,100,166 | 1,209,497 | 427,328 | 541,025 | 155,580 | 224,486 | 253,506 | 524,289 | 140,191 | 365,209 | 236,831 | |
| Depreciation | 43,277 | 26,309 | 15,472 | 12,987 | 45,466 | 94,444 | 49,846 | 137,606 | 105,591 | 137,999 | 72,866 | 51,005 | 29,105 | 21,050 |
| Amortisation | 9,196 | 6,445 | 39,706 | 71,270 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -167,393 | -171,100 | -190,755 | -134,440 | -81,162 | -10,903 | -33,701 | 37,054 | -50,006 | -105,154 | -29,923 | -90,926 | -53,643 | |
| Stock | 2,615 | 11,449 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -936 | 0 | 0 | 936 |
| Debtors | 1,251,591 | 2,477,512 | 258,714 | 649,769 | -564,370 | 1,229,202 | 5,796,519 | 384,864 | -882,414 | 1,599,927 | 1,499,222 | 170,415 | 2,330,542 | 2,916,587 |
| Creditors | 4,868,586 | 1,885,310 | -343,680 | 356,437 | -850,731 | 1,311,907 | 4,895,496 | 1,024,961 | 431,694 | -1,232,181 | 257,374 | 539,922 | 1,315,364 | 3,011,812 |
| Accruals and Deferred Income | -3,352,523 | 838,432 | 57,652 | 4,081,822 | -3,632,448 | 80,303 | 999,811 | -315,558 | -1,299,222 | 3,189,368 | 201,134 | -416,390 | 1,193,002 | 0 |
| Deferred Taxes & Provisions | 80,272 | 45,975 | 9,278 | 11,225 | 6,301 | 0 | 0 | -7,332 | -874 | -3,284 | -425 | 11,915 | 0 | 0 |
| Cash flow from operations | 1,033,922 | 1,207,252 | 429,125 | 4,959,029 | -3,520,876 | 787,574 | 270,513 | 716,353 | 323,103 | 911,110 | -857,069 | 290,320 | 390,117 | |
| Investing Activities | ||||||||||||||
| capital expenditure | 50,931 | -98,796 | -171,765 | -196,977 | -39,165 | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 50,931 | -98,796 | -171,765 | -196,977 | -39,165 | |||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -744,503 | 278,044 | 463,160 | 3,299 | 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 | -23,068 | -23,383 | 14,358 | 32,093 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -32,093 | 32,093 |
| share issue | ||||||||||||||
| interest | -59,295 | -63,415 | -45,295 | -59,855 | -30,664 | -47,319 | -53,258 | -96,310 | -74,811 | -66,034 | -20,527 | 7,371 | -2,473 | |
| cash flow from financing | -53,968 | -63,415 | -45,295 | -59,855 | -30,664 | -47,319 | -53,258 | -96,310 | -74,811 | -833,605 | 234,134 | 310,074 | 826 | |
| cash and cash equivalents | ||||||||||||||
| cash | 646,951 | 47,505 | -102,065 | 27,962 | 43,846 | -76,305 | 180,404 | 17,990 | 35,782 | -30,800 | -787,058 | 307,582 | 320,980 | 189,775 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -91,581 | 91,581 | 0 | 0 | 0 | 0 |
| change in cash | 646,951 | 47,505 | -102,065 | 27,962 | 43,846 | -76,305 | 180,404 | 17,990 | 127,363 | -122,381 | -787,058 | 307,582 | 320,980 | 189,775 |
e-foods limited Credit Report and Business Information
E-foods Limited Competitor Analysis
Perform a competitor analysis for e-foods limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in B45 area or any other competitors across 12 key performance metrics.
e-foods limited Ownership
E-FOODS LIMITED group structure
E-Foods Limited has no subsidiary companies.
Ultimate parent company
2 parents
E-FOODS LIMITED
04631608
e-foods limited directors
E-Foods Limited currently has 6 directors. The longest serving directors include Mr Paul Mizen (Nov 2004) and Mr Karl Atkins (Jun 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Mizen | England | 65 years | Nov 2004 | - | Director |
| Mr Karl Atkins | 39 years | Jun 2022 | - | Director | |
| Miss Jodi Lea | United Kingdom | 42 years | Jun 2022 | - | Director |
| Mr Gareth Sharpe | England | 44 years | Jun 2022 | - | Director |
| Mr Robin Mills | 57 years | Jun 2022 | - | Director | |
| Mr Gareth Sharpe | England | 44 years | Jun 2022 | - | Director |
P&L
September 2022turnover
53.9m
-6%
operating profit
806.7k
-27%
gross margin
7.8%
-10.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
1.4m
+0.68%
total assets
17.9m
+0.14%
cash
775k
+5.05%
net assets
Total assets minus all liabilities
Similar Companies
e-foods limited company details
company number
04631608
Type
Private limited with Share Capital
industry
46180 - Agents specialised in the sale of other particular products
46390 - Non-specialised wholesale of food, beverages and tobacco
46170 - Agents involved in the sale of food, beverages and tobacco
incorporation date
January 2003
age
21
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
N/A
last accounts submitted
September 2022
address
parklands court 24 parklands, rubery, birmingham, west midlands, B45 9PZ
accountant
-
auditor
CLARKE NICKLIN LLP
e-foods 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 6 charges/mortgages relating to e-foods limited. Currently there are 0 open charges and 6 have been satisfied in the past.
e-foods limited Companies House Filings - See Documents
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