Pomanda estimates the enterprise value of KEN BRIGGS LTD at £2.7m based on a Turnover of £8.3m and 0.32x industry multiple (adjusted for size and gross margin).
ken briggs ltdEstimated Valuation
£3.3m
Pomanda estimates the enterprise value of KEN BRIGGS LTD at £3.3m based on an EBITDA of £782.9k and a 4.26x industry multiple (adjusted for size and gross margin).
ken briggs ltdEstimated Valuation
£12.8m
Pomanda estimates the enterprise value of KEN BRIGGS LTD at £12.8m based on Net Assets of £5.7m and 2.24x industry multiple (adjusted for liquidity).
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Ken Briggs LtdOverview
Ken Briggs Ltd is a live company located in lincolnshire, LN8 3ER with a Companies House number of 04761156. It operates in the wholesale of meat and meat products sector, SIC Code 46320. Founded in May 2003, it's largest shareholder is
gressingham smithfield limited
with a 100% stake. Ken Briggs Ltd is a mature,
mid sized company, Pomanda has estimated its turnover at
£8.3m with
low
growth in recent years.
Pomanda's financial health check has awarded Ken Briggs Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
7 Strong
2 Regular
3 Weak
Size
annual sales of £11.5m, make it smaller than the average company (£22.2m)
£11.5m - Ken Briggs Ltd
£22.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (8.4%)
12% - Ken Briggs Ltd
8.4% - Industry AVG
Production
with a gross margin of 11.4%, this company has a comparable cost of product (13.4%)
11.4% - Ken Briggs Ltd
13.4% - Industry AVG
Profitability
an operating margin of 4.8% make it more profitable than the average company (3.5%)
4.8% - Ken Briggs Ltd
3.5% - Industry AVG
Employees
with 8 employees, this is below the industry average (31)
8 - Ken Briggs Ltd
31 - Industry AVG
Pay Structure
on an average salary of £30.8k, the company has an equivalent pay structure (£37.8k)
£30.8k - Ken Briggs Ltd
£37.8k - Industry AVG
Efficiency
resulting in sales per employee of £1.4m, this is more efficient (£568.7k)
£1.4m - Ken Briggs Ltd
£568.7k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is earlier than average (32 days)
20 days - Ken Briggs Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (28 days)
9 days - Ken Briggs Ltd
28 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (17 days)
2 days - Ken Briggs Ltd
17 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 213 weeks, this is more cash available to meet short term requirements (13 weeks)
213 weeks - Ken Briggs Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8.7%, this is a lower level of debt than the average (54.3%)
8.7% - Ken Briggs Ltd
54.3% - Industry AVG
KEN BRIGGS LTD financials
EXPORT
Ken Briggs Ltd's latest turnover from December 2023 is £8.3 million and the company has net assets of £5.7 million. According to their latest financial statements, Ken Briggs Ltd has 8 employees and maintains cash reserves of £716.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Turnover
8,318,782
11,533,445
10,429,048
7,841,850
8,236,558
6,263,802
6,303,368
4,635,562
3,481,461
3,495,955
4,708,219
3,298,163
2,799,124
3,307,720
3,068,075
Other Income Or Grants
Cost Of Sales
7,244,029
10,220,693
8,974,087
6,812,109
7,161,702
5,442,632
5,638,487
4,148,000
3,055,469
3,105,848
4,213,145
2,945,450
2,504,407
2,934,949
2,752,852
Gross Profit
1,074,753
1,312,752
1,454,961
1,029,741
1,074,856
821,169
664,881
487,563
425,992
390,106
495,075
352,714
294,717
372,771
315,223
Admin Expenses
323,626
762,030
435,093
165,438
216,039
749,414
119,194
491,182
4,244
106,768
377,040
285,873
-77,390
88,263
-1,100,013
Operating Profit
751,127
550,722
1,019,868
864,303
858,817
71,755
545,687
-3,619
421,748
283,338
118,035
66,841
372,107
284,508
1,415,236
Interest Payable
Interest Receivable
10,098
11,844
1,361
983
7,056
4,437
2,638
6,113
5,879
6,696
5,947
4,274
3,746
2,110
Pre-Tax Profit
751,127
569,817
999,356
865,664
859,800
78,811
550,123
-981
427,861
289,218
124,732
72,788
376,382
288,254
1,417,346
Tax
-214,689
-120,038
-197,285
-164,476
-163,362
-14,974
-104,523
-85,572
-57,843
-26,194
-16,741
-90,332
-74,946
-396,857
Profit After Tax
536,438
449,779
802,071
701,188
696,438
63,837
445,600
-981
342,289
231,374
98,538
56,047
286,050
213,308
1,020,489
Dividends Paid
55,500
156,750
Retained Profit
536,438
394,279
645,321
701,188
696,438
63,837
445,600
-981
342,289
231,374
98,538
56,047
286,050
213,308
1,020,489
Employee Costs
174,312
246,181
220,313
300,405
330,481
279,136
253,528
288,808
288,819
247,042
346,074
236,924
189,981
236,604
228,330
Number Of Employees
8
8
9
9
10
9
9
10
10
9
13
9
7
9
8
EBITDA*
782,868
586,645
1,065,650
915,277
905,128
115,838
591,850
44,419
471,849
328,870
140,751
93,635
394,991
308,052
1,440,992
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Tangible Assets
97,884
158,459
411,514
420,914
463,212
448,023
448,243
479,128
631,746
643,369
310,533
35,252
52,149
33,583
42,127
Intangible Assets
5,986
23,486
20,986
30,000
45,000
60,000
75,000
90,000
105,000
120,000
135,000
150,000
165,000
180,000
195,000
Investments & Other
1,836,125
1,721,351
1,503,389
844,091
844,851
757,523
759,631
Debtors (Due After 1 year)
Total Fixed Assets
103,870
2,018,070
2,153,851
1,954,303
1,352,303
1,352,874
1,280,766
1,328,759
736,746
763,369
445,533
185,252
217,149
213,583
237,127
Stock & work in progress
162,146
69,000
8,200
7,500
8,800
9,500
9,000
7,000
6,200
5,500
2,955
2,758
2,555
8,776
7,743
Trade Debtors
1,232,344
659,056
757,671
1,298,342
1,555,569
1,132,702
804,433
749,957
473,382
519,079
547,234
453,312
472,241
598,128
350,066
Group Debtors
4,799,230
255,879
Misc Debtors
85,164
945,729
505,503
257,885
Cash
716,760
1,998,226
1,791,700
1,525,258
1,196,576
769,203
1,112,384
662,291
1,448,231
996,977
1,354,751
1,323,790
1,055,201
654,516
843,852
misc current assets
total current assets
6,995,644
3,672,011
3,318,953
2,831,100
2,760,945
1,911,405
2,183,702
1,419,248
1,927,813
1,521,556
1,904,940
1,779,860
1,529,997
1,261,420
1,201,661
total assets
7,099,514
5,690,081
5,472,804
4,785,403
4,113,248
3,264,279
3,464,468
2,748,007
2,664,559
2,284,925
2,350,473
1,965,112
1,747,146
1,475,003
1,438,788
Bank overdraft
Bank loan
Trade Creditors
802,076
265,001
399,027
575,460
625,661
476,477
740,064
468,542
376,579
338,521
657,492
385,265
220,656
237,050
412,813
Group/Directors Accounts
53,593
other short term finances
hp & lease commitments
other current liabilities
492,127
221,227
219,528
total current liabilities
1,347,796
486,228
618,555
575,460
625,661
476,477
740,064
468,542
376,579
338,521
657,492
385,265
220,656
237,050
412,813
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
21,403
9,976
54,651
55,666
34,498
31,151
31,590
32,251
39,785
40,498
18,449
3,853
6,543
4,056
5,386
total long term liabilities
21,403
9,976
54,651
55,666
34,498
31,151
31,590
32,251
39,785
40,498
18,449
3,853
6,543
4,056
5,386
total liabilities
1,369,199
496,204
673,206
631,126
660,159
507,628
771,654
500,793
416,364
379,019
675,941
389,118
227,199
241,106
418,199
net assets
5,730,315
5,193,877
4,799,598
4,154,277
3,453,089
2,756,651
2,692,814
2,247,214
2,248,195
1,905,906
1,674,532
1,575,994
1,519,947
1,233,897
1,020,589
total shareholders funds
5,730,315
5,193,877
4,799,598
4,154,277
3,453,089
2,756,651
2,692,814
2,247,214
2,248,195
1,905,906
1,674,532
1,575,994
1,519,947
1,233,897
1,020,589
Dec 2023
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
751,127
550,722
1,019,868
864,303
858,817
71,755
545,687
-3,619
421,748
283,338
118,035
66,841
372,107
284,508
1,415,236
Depreciation
14,241
20,923
30,782
35,974
31,311
29,083
31,163
33,038
35,101
30,532
7,716
11,794
7,884
8,544
10,756
Amortisation
17,500
15,000
15,000
15,000
15,000
15,000
15,000
15,000
15,000
15,000
15,000
15,000
15,000
15,000
15,000
Tax
-214,689
-120,038
-197,285
-164,476
-163,362
-14,974
-104,523
-85,572
-57,843
-26,194
-16,741
-90,332
-74,946
-396,857
Stock
153,946
60,800
700
-1,300
-700
500
2,000
800
700
2,545
197
203
-6,221
1,033
7,743
Debtors
4,597,685
85,732
220,711
-257,227
422,867
70,384
312,361
276,575
-45,697
-28,155
93,922
-18,929
-125,887
248,062
350,066
Creditors
403,049
-134,026
-176,433
-50,201
149,184
-263,587
271,522
91,963
38,058
-318,971
272,227
164,609
-16,394
-175,763
412,813
Accruals and Deferred Income
272,599
1,699
219,528
Deferred Taxes & Provisions
-33,248
-44,675
-1,015
21,168
3,347
-439
-661
-7,534
-713
22,049
14,596
-2,690
2,487
-1,330
5,386
Cash flow from operations
-3,541,052
143,073
689,034
980,295
472,130
-234,046
443,827
-148,527
468,619
-285
307,261
257,539
422,860
-193,082
1,104,525
Investing Activities
capital expenditure
296,889
214,632
6,324
-46,500
-28,863
-278
119,580
-23,478
-363,368
-282,997
5,103
-26,450
-262,883
Change in Investments
-1,721,351
114,774
217,962
659,298
-760
87,328
-2,108
759,631
cash flow from investments
2,018,240
99,858
-217,962
-652,974
-45,740
-116,191
1,830
-640,051
-23,478
-363,368
-282,997
5,103
-26,450
-262,883
Financing Activities
Bank loans
Group/Directors Accounts
53,593
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
394,279
100
interest
10,098
11,844
1,361
983
7,056
4,437
2,638
6,113
5,879
6,696
5,947
4,274
3,746
2,110
cash flow from financing
447,872
10,098
11,844
1,361
983
7,056
4,437
2,638
6,113
5,879
6,696
5,947
4,274
3,746
2,210
cash and cash equivalents
cash
-1,074,940
206,526
266,442
328,682
427,373
-343,181
450,093
-785,940
451,254
-357,774
30,961
268,589
400,685
-189,336
843,852
overdraft
change in cash
-1,074,940
206,526
266,442
328,682
427,373
-343,181
450,093
-785,940
451,254
-357,774
30,961
268,589
400,685
-189,336
843,852
ken briggs ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for ken briggs ltd. Get real-time insights into ken briggs ltd's credit score, group structure and payment trends.
Perform a competitor analysis for ken briggs ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in LN8 area or any other competitors across 12 key performance metrics.
peck mill poultry, victoria road, market rasen, lincolnshire, LN8 3ER
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ken briggs ltd 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 did not find charges/mortgages relating to ken briggs ltd.
ken briggs ltd Capital Raised & Share Issues BETA
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ken briggs ltdCompanies House Filings - See Documents
