csr meats limited

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csr meats limited Company Information

Share CSR MEATS LIMITED

Company Number

04864245

Shareholders

christopher stuart rickett

julie anne rickett

Group Structure

View All

Industry

Wholesale of meat and meat products

 

Registered Address

6 bexley square, salford, manchester, M3 6BZ

Website

-

csr meats limited Estimated Valuation

£274.7k

Pomanda estimates the enterprise value of CSR MEATS LIMITED at £274.7k based on a Turnover of £1m and 0.27x industry multiple (adjusted for size and gross margin).

csr meats limited Estimated Valuation

£228k

Pomanda estimates the enterprise value of CSR MEATS LIMITED at £228k based on an EBITDA of £64.6k and a 3.53x industry multiple (adjusted for size and gross margin).

csr meats limited Estimated Valuation

£162.7k

Pomanda estimates the enterprise value of CSR MEATS LIMITED at £162.7k based on Net Assets of £68.7k and 2.37x industry multiple (adjusted for liquidity).

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Csr Meats Limited Overview

Csr Meats Limited is a live company located in manchester, M3 6BZ with a Companies House number of 04864245. It operates in the wholesale of meat and meat products sector, SIC Code 46320. Founded in August 2003, it's largest shareholder is christopher stuart rickett with a 50% stake. Csr Meats Limited is a mature, small sized company, Pomanda has estimated its turnover at £1m with high growth in recent years.

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Csr Meats Limited Health Check

Pomanda's financial health check has awarded Csr Meats Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £1m, make it smaller than the average company (£24.2m)

£1m - Csr Meats Limited

£24.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (6.2%)

18% - Csr Meats Limited

6.2% - Industry AVG

production

Production

with a gross margin of 13.4%, this company has a comparable cost of product (13.4%)

13.4% - Csr Meats Limited

13.4% - Industry AVG

profitability

Profitability

an operating margin of 6.1% make it more profitable than the average company (3.5%)

6.1% - Csr Meats Limited

3.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (34)

1 - Csr Meats Limited

34 - Industry AVG

paystructure

Pay Structure

on an average salary of £37.2k, the company has an equivalent pay structure (£37.2k)

£37.2k - Csr Meats Limited

£37.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1m, this is more efficient (£545.9k)

£1m - Csr Meats Limited

£545.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 35 days, this is near the average (32 days)

35 days - Csr Meats Limited

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 51 days, this is slower than average (29 days)

51 days - Csr Meats Limited

29 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 17 days, this is in line with average (16 days)

17 days - Csr Meats Limited

16 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 43 weeks, this is more cash available to meet short term requirements (13 weeks)

43 weeks - Csr Meats Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 83.3%, this is a higher level of debt than the average (55.1%)

83.3% - Csr Meats Limited

55.1% - Industry AVG

CSR MEATS LIMITED financials

EXPORTms excel logo

Csr Meats Limited's latest turnover from March 2023 is estimated at £1 million and the company has net assets of £68.7 thousand. According to their latest financial statements, Csr Meats Limited has 1 employee and maintains cash reserves of £255.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,026,285657,955493,010618,059628,0992,304,4181,836,9051,359,9741,560,972798,658191920
Other Income Or Grants
Cost Of Sales888,383568,554425,612537,284541,5962,053,2731,632,0891,193,5681,390,162714,678171718
Gross Profit137,90289,40167,39880,77486,503251,145204,815166,407170,81183,980222
Admin Expenses75,27267,04474,36377,98479,854260,317206,452170,626161,64971,841222
Operating Profit62,63022,357-6,9652,7906,649-9,172-1,637-4,2199,16212,139
Interest Payable4,4423,2341,525
Interest Receivable6,09728525126816685418
Pre-Tax Profit64,28519,407-8,4652,8016,717-9,172-1,621-4,1519,21612,157
Tax-12,214-3,687-532-1,276-1,935-2,796
Profit After Tax52,07115,720-8,4652,2695,441-9,172-1,621-4,1517,2819,361
Dividends Paid
Retained Profit52,07115,720-8,4652,2695,441-9,172-1,621-4,1517,2819,361
Employee Costs37,22234,40233,20932,51530,760199,088172,800111,782108,63879,69126,08626,97429,652
Number Of Employees1111176443111
EBITDA*64,62022,357-6,9652,7906,649-9,172-1,637-4,2199,16212,139

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets11,274
Intangible Assets44,40344,40341,46332,325
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets11,27444,40344,40341,46332,325
Stock & work in progress42,00051,50068,84835,00067,00039,935
Trade Debtors98,94987,26936,22657,65286,317214,297188,895133,817117,51954,872222
Group Debtors
Misc Debtors4,91787,18187,25187,14287,236
Cash255,14431,77244,2735,19918,25412,55614,5037,200
misc current assets
total current assets401,010206,222219,250218,841226,807214,297188,895146,373199,022102,007222
total assets412,284250,625263,653260,304259,132214,297188,895146,373199,022102,007222
Bank overdraft5,0005,00050,000
Bank loan
Trade Creditors 124,88046,20335,97126,51835,518212,599178,025133,880182,37892,644
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities177,835141,924176,737224,376216,473
total current liabilities307,715193,127262,708250,894251,991212,599178,025133,880182,37892,644
loans35,83340,833
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities35,83340,833
total liabilities343,548233,960262,708250,894251,991212,599178,025133,880182,37892,644
net assets68,73616,6659459,4107,1411,69810,87012,49316,6449,363222
total shareholders funds68,73616,6659459,4107,1411,69810,87012,49316,6449,363222
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit62,63022,357-6,9652,7906,649-9,172-1,637-4,2199,16212,139
Depreciation1,990
Amortisation
Tax-12,214-3,687-532-1,276-1,935-2,796
Stock42,000-51,500-17,34833,84835,000-67,00027,06539,935
Debtors-70,58450,973-21,317-28,759-40,74425,40255,07816,29862,64754,8702-22
Creditors78,67710,2329,453-9,000-177,08134,57444,145-48,49889,73492,644
Accruals and Deferred Income35,911-34,813-47,6397,903216,473
Deferred Taxes & Provisions
Cash flow from operations195,578-5,384-6,486-3,92850,509-12,570-2,0157,2497,182-22-2
Investing Activities
capital expenditure31,139-2,940-9,138-32,325
Change in Investments
cash flow from investments31,139-2,940-9,138-32,325
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-5,00040,833
Hire Purchase and Lease Commitments
other long term liabilities
share issue2-22-22
interest1,655-2,949-1,500126816685418
cash flow from financing-3,34537,884-1,5001270146854182-22
cash and cash equivalents
cash223,372-12,50139,074-13,05518,254-12,556-1,9477,3037,200
overdraft-45,00050,000
change in cash223,37232,499-10,926-13,05518,254-12,556-1,9477,3037,200

csr meats 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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Csr Meats Limited Competitor Analysis

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Perform a competitor analysis for csr meats limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in M 3 area or any other competitors across 12 key performance metrics.

csr meats limited Ownership

CSR MEATS LIMITED group structure

Csr Meats Limited has no subsidiary companies.

Ultimate parent company

CSR MEATS LIMITED

04864245

CSR MEATS LIMITED Shareholders

christopher stuart rickett 50%
julie anne rickett 50%

csr meats limited directors

Csr Meats Limited currently has 1 director, Mr Christopher Rickett serving since Aug 2003.

officercountryagestartendrole
Mr Christopher Rickett63 years Aug 2003- Director

P&L

March 2023

turnover

1m

+56%

operating profit

62.6k

0%

gross margin

13.5%

-1.11%

turnover

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

Balance Sheet

March 2023

net assets

68.7k

+3.12%

total assets

412.3k

+0.65%

cash

255.1k

+7.03%

net assets

Total assets minus all liabilities

csr meats limited company details

company number

04864245

Type

Private limited with Share Capital

industry

46320 - Wholesale of meat and meat products

incorporation date

August 2003

age

22

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2023

previous names

nwn sales limited (January 2013)

accountant

-

auditor

-

address

6 bexley square, salford, manchester, M3 6BZ

Bank

BARCLAYS BANK PLC

Legal Advisor

-

csr meats 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 did not find charges/mortgages relating to csr meats limited.

csr meats 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.

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csr meats limited Companies House Filings - See Documents

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