shea meat traders limited

shea meat traders limited Company Information

Share SHEA MEAT TRADERS LIMITED
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Company Number

04909024

Industry

Wholesale of meat and meat products

 

Directors

Andrew Shea

Clare Shea

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Shareholders

andrew shea

Group Structure

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Contact

Registered Address

87 andrew lane, high lane, stockport, SK6 8HY

Website

-

shea meat traders limited Estimated Valuation

£475k

Pomanda estimates the enterprise value of SHEA MEAT TRADERS LIMITED at £475k based on a Turnover of £2.1m and 0.22x industry multiple (adjusted for size and gross margin).

shea meat traders limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SHEA MEAT TRADERS LIMITED at £0 based on an EBITDA of £-61.5k and a 3.02x industry multiple (adjusted for size and gross margin).

shea meat traders limited Estimated Valuation

£2.2m

Pomanda estimates the enterprise value of SHEA MEAT TRADERS LIMITED at £2.2m based on Net Assets of £991.3k and 2.21x industry multiple (adjusted for liquidity).

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Shea Meat Traders Limited Overview

Shea Meat Traders Limited is a live company located in stockport, SK6 8HY with a Companies House number of 04909024. It operates in the wholesale of meat and meat products sector, SIC Code 46320. Founded in September 2003, it's largest shareholder is andrew shea with a 100% stake. Shea Meat Traders Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.1m with declining growth in recent years.

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Shea Meat Traders Limited Health Check

Pomanda's financial health check has awarded Shea Meat Traders Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £2.1m, make it smaller than the average company (£24.8m)

£2.1m - Shea Meat Traders Limited

£24.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (8.6%)

-2% - Shea Meat Traders Limited

8.6% - Industry AVG

production

Production

with a gross margin of 7.7%, this company has a higher cost of product (12.4%)

7.7% - Shea Meat Traders Limited

12.4% - Industry AVG

profitability

Profitability

an operating margin of -2.9% make it less profitable than the average company (3.1%)

-2.9% - Shea Meat Traders Limited

3.1% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (36)

3 - Shea Meat Traders Limited

36 - Industry AVG

paystructure

Pay Structure

on an average salary of £37.7k, the company has an equivalent pay structure (£37.7k)

£37.7k - Shea Meat Traders Limited

£37.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £703.8k, this is more efficient (£550.5k)

£703.8k - Shea Meat Traders Limited

£550.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 59 days, this is later than average (32 days)

59 days - Shea Meat Traders Limited

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 53 days, this is slower than average (27 days)

53 days - Shea Meat Traders Limited

27 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Shea Meat Traders Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 115 weeks, this is more cash available to meet short term requirements (11 weeks)

115 weeks - Shea Meat Traders Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 22.5%, this is a lower level of debt than the average (55.4%)

22.5% - Shea Meat Traders Limited

55.4% - Industry AVG

SHEA MEAT TRADERS LIMITED financials

EXPORTms excel logo

Shea Meat Traders Limited's latest turnover from September 2023 is estimated at £2.1 million and the company has net assets of £991.3 thousand. According to their latest financial statements, Shea Meat Traders Limited has 3 employees and maintains cash reserves of £638.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover2,111,3081,327,7842,156,8612,222,4794,889,4944,664,9305,074,8684,862,8786,340,8844,993,9005,769,6935,631,7015,873,0984,986,9310
Other Income Or Grants000000000000000
Cost Of Sales1,949,6611,213,5792,027,1322,083,2844,506,5404,579,6844,902,4944,519,0035,917,2624,661,1125,343,6935,222,1465,438,0544,630,6980
Gross Profit161,647114,205129,729139,195382,95485,246172,374343,876423,622332,788425,999409,555435,044356,2320
Admin Expenses223,775122,626153,292133,792386,70652,385139,926278,586365,620198,370291,971294,695313,370209,567-521,164
Operating Profit-62,128-8,421-23,5635,403-3,75232,86132,44865,29058,002134,418134,028114,860121,674146,665521,164
Interest Payable0000004,7434,7430000000
Interest Receivable34,86916,2857627685,7854,6321,3801,8123,8823,2632,0401,4581,4161,103511
Pre-Tax Profit-27,2597,864-22,8016,1722,03337,49429,08562,36061,884137,681136,069116,317123,089147,768521,675
Tax0-1,4940-1,173-386-7,124-5,526-12,472-12,377-28,913-31,296-27,916-32,003-41,375-146,069
Profit After Tax-27,2596,370-22,8014,9991,64730,37023,55949,88849,507108,768104,77388,40191,086106,393375,606
Dividends Paid000000000000000
Retained Profit-27,2596,370-22,8014,9991,64730,37023,55949,88849,507108,768104,77388,40191,086106,393375,606
Employee Costs113,057108,327100,61699,25993,59186,706116,038146,510142,19184,196111,207108,561107,554109,4110
Number Of Employees333333455344440
EBITDA*-61,510-7,597-22,8966,290-2,80733,85033,37065,29058,860135,551134,732115,659122,438147,183521,566

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets1,8802,4982,0402,7072,8923,0322,8592,5112,7153,5732,2662,4622,3721,6251,251
Intangible Assets000000000000000
Investments & Other295,000295,000110,000110,000110,000110,000110,000110,0000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets296,880297,498112,040112,707112,892113,032112,859112,5112,7153,5732,2662,4622,3721,6251,251
Stock & work in progress000000000000000
Trade Debtors343,616209,709410,703426,892827,659751,2481,003,367809,997859,291707,854866,439940,478924,332803,680804,475
Group Debtors000000000000000
Misc Debtors00000004,2630000000
Cash638,949689,403758,127765,139771,340771,449463,855639,877810,086742,795562,563253,577329,461236,795204,378
misc current assets000000000000000
total current assets982,565899,1121,168,8301,192,0311,598,9991,522,6971,467,2221,454,1371,669,3771,450,6491,429,0021,194,0551,253,7931,040,4751,008,853
total assets1,279,4451,196,6101,280,8701,304,7381,711,8911,635,7291,580,0811,566,6481,672,0921,454,2221,431,2681,196,5171,256,1651,042,1001,010,104
Bank overdraft0000000151,7640000000
Bank loan000000000000000
Trade Creditors 288,135178,041268,671269,738681,8900582,097426,156747,554579,191665,005535,027683,076560,097634,494
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000014,3030000000
total current liabilities288,135178,041268,671269,738681,8900582,097592,223747,554579,191665,005535,027683,076560,097634,494
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities00000607,375000000000
provisions000000000000000
total long term liabilities00000607,375000000000
total liabilities288,135178,041268,671269,738681,890607,375582,097592,223747,554579,191665,005535,027683,076560,097634,494
net assets991,3101,018,5691,012,1991,035,0001,030,0011,028,354997,984974,425924,538875,031766,263661,490573,089482,003375,610
total shareholders funds991,3101,018,5691,012,1991,035,0001,030,0011,028,354997,984974,425924,538875,031766,263661,490573,089482,003375,610
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit-62,128-8,421-23,5635,403-3,75232,86132,44865,29058,002134,418134,028114,860121,674146,665521,164
Depreciation61882466788794598992208581,133704799764518402
Amortisation000000000000000
Tax0-1,4940-1,173-386-7,124-5,526-12,472-12,377-28,913-31,296-27,916-32,003-41,375-146,069
Stock000000000000000
Debtors133,907-200,994-16,189-400,76776,411-252,119189,107-45,031151,437-158,585-74,03916,146120,652-795804,475
Creditors110,094-90,630-1,067-412,152681,890-582,097155,941-321,398168,363-85,814129,978-148,049122,979-74,397634,494
Accruals and Deferred Income000000-14,30314,3030000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-85,323101,273-7,774-6,268602,286-303,252-19,625-209,24663,409179,409307,453-76,45292,76232,206205,516
Investing Activities
capital expenditure0-1,2820-702-805-1,162-1,2702040-2,440-508-889-1,511-892-1,653
Change in Investments0185,00000000110,0000000000
cash flow from investments0-186,2820-702-805-1,162-1,270-109,7960-2,440-508-889-1,511-892-1,653
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities0000-607,375607,375000000000
share issue0000000-10000004
interest34,86916,2857627685,7854,632-3,363-2,9313,8823,2632,0401,4581,4161,103511
cash flow from financing34,86916,285762768-601,590612,007-3,363-2,9323,8823,2632,0401,4581,4161,103515
cash and cash equivalents
cash-50,454-68,724-7,012-6,201-109307,594-176,022-170,20967,291180,232308,986-75,88492,66632,417204,378
overdraft000000-151,764151,7640000000
change in cash-50,454-68,724-7,012-6,201-109307,594-24,258-321,97367,291180,232308,986-75,88492,66632,417204,378

shea meat traders 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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Shea Meat Traders Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for shea meat traders 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 SK6 area or any other competitors across 12 key performance metrics.

shea meat traders limited Ownership

SHEA MEAT TRADERS LIMITED group structure

Shea Meat Traders Limited has no subsidiary companies.

Ultimate parent company

SHEA MEAT TRADERS LIMITED

04909024

SHEA MEAT TRADERS LIMITED Shareholders

andrew shea 100%

shea meat traders limited directors

Shea Meat Traders Limited currently has 3 directors. The longest serving directors include Mr Andrew Shea (Sep 2003) and Mrs Clare Shea (Sep 2003).

officercountryagestartendrole
Mr Andrew Shea65 years Sep 2003- Director
Mrs Clare Shea66 years Sep 2003- Director
Mr Oliver Shea31 years Aug 2023- Director

P&L

September 2023

turnover

2.1m

+59%

operating profit

-62.1k

0%

gross margin

7.7%

-10.99%

turnover

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

Balance Sheet

September 2023

net assets

991.3k

-0.03%

total assets

1.3m

+0.07%

cash

638.9k

-0.07%

net assets

Total assets minus all liabilities

shea meat traders limited company details

company number

04909024

Type

Private limited with Share Capital

industry

46320 - Wholesale of meat and meat products

incorporation date

September 2003

age

22

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

September 2023

previous names

N/A

accountant

-

auditor

-

address

87 andrew lane, high lane, stockport, SK6 8HY

Bank

-

Legal Advisor

-

shea meat traders 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 shea meat traders limited.

shea meat traders 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.

Click to start generating capital raising & share issue transactions for SHEA MEAT TRADERS LIMITED. This can take several minutes, an email will notify you when this has completed.

shea meat traders limited Companies House Filings - See Documents

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