Pomanda estimates the enterprise value of FINE CHEESES LIMITED at £1.4m based on a Turnover of £5.4m and 0.25x industry multiple (adjusted for size and gross margin).
fine cheeses limitedEstimated Valuation
£777k
Pomanda estimates the enterprise value of FINE CHEESES LIMITED at £777k based on an EBITDA of £231k and a 3.36x industry multiple (adjusted for size and gross margin).
fine cheeses limitedEstimated Valuation
£1.2m
Pomanda estimates the enterprise value of FINE CHEESES LIMITED at £1.2m based on Net Assets of £606.8k and 1.96x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Fine Cheeses LimitedOverview
Fine Cheeses Limited is a live company located in featherstone, WF7 6FE with a Companies House number of 04912190. It operates in the wholesale of dairy products, eggs and edible oils and fats sector, SIC Code 46330. Founded in September 2003, it's largest shareholder is
michael david lee
with a 100% stake. Fine Cheeses Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£5.4m with
low
growth in recent years.
Pomanda's financial health check has awarded Fine Cheeses Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
3 Strong
4 Regular
5 Weak
Size
annual sales of £5.4m, make it smaller than the average company (£33.9m)
£5.4m - Fine Cheeses Limited
£33.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (13.5%)
2% - Fine Cheeses Limited
13.5% - Industry AVG
Production
with a gross margin of 12.4%, this company has a comparable cost of product (12.4%)
12.4% - Fine Cheeses Limited
12.4% - Industry AVG
Profitability
an operating margin of 3.7% make it more profitable than the average company (2.6%)
3.7% - Fine Cheeses Limited
2.6% - Industry AVG
Employees
with 15 employees, this is below the industry average (47)
15 - Fine Cheeses Limited
47 - Industry AVG
Pay Structure
on an average salary of £40.8k, the company has an equivalent pay structure (£40.8k)
£40.8k - Fine Cheeses Limited
£40.8k - Industry AVG
Efficiency
resulting in sales per employee of £362.5k, this is less efficient (£888.3k)
£362.5k - Fine Cheeses Limited
£888.3k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is near the average (41 days)
34 days - Fine Cheeses Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is quicker than average (31 days)
27 days - Fine Cheeses Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 11 days, this is less than average (18 days)
11 days - Fine Cheeses Limited
18 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 19 weeks, this is more cash available to meet short term requirements (8 weeks)
19 weeks - Fine Cheeses Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.6%, this is a similar level of debt than the average (63.8%)
57.6% - Fine Cheeses Limited
63.8% - Industry AVG
FINE CHEESES LIMITED financials
EXPORT
Fine Cheeses Limited's latest turnover from December 2023 is estimated at £5.4 million and the company has net assets of £606.8 thousand. According to their latest financial statements, Fine Cheeses Limited has 15 employees and maintains cash reserves of £185.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Sep 2010
Sep 2009
Turnover
5,437,911
4,845,704
4,418,723
5,200,353
6,174,134
5,841,075
6,192,508
6,184,561
6,166,283
3,314,366
2,499,643
1,955,715
1,630,811
1,160,643
Other Income Or Grants
Cost Of Sales
4,762,254
4,262,689
3,866,515
4,511,469
5,279,635
4,953,656
5,142,196
5,041,518
5,250,669
2,831,045
2,127,869
1,617,939
1,355,998
966,435
Gross Profit
675,657
583,016
552,208
688,883
894,499
887,419
1,050,312
1,143,043
915,613
483,321
371,774
337,776
274,812
194,208
Admin Expenses
477,163
462,123
288,785
604,720
870,521
899,271
1,049,581
1,083,330
846,595
491,983
366,168
323,883
276,912
169,393
-223,270
Operating Profit
198,494
120,893
263,423
84,163
23,978
-11,852
731
59,713
69,018
-8,662
5,606
13,893
-2,100
24,815
223,270
Interest Payable
38,834
36,717
30,333
34,465
40,123
30,967
18,043
17,973
9,768
9,217
9,217
Interest Receivable
9,452
4,982
235
76
717
846
531
272
482
432
447
331
272
341
187
Pre-Tax Profit
169,112
89,157
233,325
49,774
-15,427
-41,973
-16,781
42,011
59,733
-8,230
6,053
14,224
-1,828
15,939
214,240
Tax
-42,278
-16,940
-44,332
-9,457
-8,402
-11,946
-1,392
-3,414
-4,463
-59,987
Profit After Tax
126,834
72,217
188,993
40,317
-15,427
-41,973
-16,781
33,609
47,786
-8,230
4,661
10,810
-1,828
11,476
154,253
Dividends Paid
Retained Profit
126,834
72,217
188,993
40,317
-15,427
-41,973
-16,781
33,609
47,786
-8,230
4,661
10,810
-1,828
11,476
154,253
Employee Costs
612,023
589,048
671,958
1,039,068
1,109,523
1,141,110
1,266,450
1,167,839
1,163,602
189,180
125,329
92,921
98,349
117,807
Number Of Employees
15
15
18
28
29
29
35
37
37
6
4
3
3
4
EBITDA*
231,030
154,650
300,555
124,804
68,620
30,911
43,528
91,165
104,633
25,828
35,914
40,507
31,496
50,660
252,805
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Sep 2010
Sep 2009
Tangible Assets
553,109
560,624
592,881
618,093
652,066
671,245
421,622
373,515
371,411
398,094
388,454
371,103
373,019
378,325
396,333
Intangible Assets
1,125
2,625
4,125
5,625
7,125
8,625
10,125
11,625
13,125
14,625
16,125
17,625
19,500
21,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
553,109
561,749
595,506
622,218
657,691
678,370
430,247
383,640
383,036
411,219
403,079
387,228
390,644
397,825
417,333
Stock & work in progress
156,501
135,727
148,335
85,814
97,267
87,456
78,216
112,109
92,297
97,266
79,151
52,943
55,000
57,994
51,536
Trade Debtors
520,668
457,048
420,992
397,635
387,025
380,605
385,236
327,388
291,606
332,415
230,791
199,487
177,155
114,177
103,922
Group Debtors
Misc Debtors
15,258
15,640
18,449
15,965
17,344
64,042
33,257
35,555
33,242
Cash
185,234
174,841
109,818
77,891
74,384
116,873
108,669
103,616
113,859
78,880
93,777
85,130
47,147
61,494
74,747
misc current assets
7,747
total current assets
877,661
783,256
697,594
577,305
576,020
656,723
605,378
578,668
531,004
508,561
403,719
337,560
279,302
233,665
230,205
total assets
1,430,770
1,345,005
1,293,100
1,199,523
1,233,711
1,335,093
1,035,625
962,308
914,040
919,780
806,798
724,788
669,946
631,490
647,538
Bank overdraft
19,340
75,593
63,418
223,376
190,492
246,321
36,215
25,050
24,144
Bank loan
Trade Creditors
354,929
353,563
333,906
287,914
388,397
382,068
450,255
342,528
305,929
433,794
314,935
244,804
196,822
137,908
151,729
Group/Directors Accounts
34,824
42,813
39,916
2,559
other short term finances
hp & lease commitments
8,384
3,879
6,673
14,664
15,314
11,435
other current liabilities
81,544
67,633
87,092
67,916
51,588
63,357
6,399
62,117
74,633
total current liabilities
499,021
543,481
531,005
596,429
645,791
703,181
492,869
429,695
404,706
433,794
314,935
244,804
196,822
137,908
151,729
loans
290,520
304,934
329,053
354,796
361,350
390,652
244,357
249,545
276,402
283,587
hp & lease commitments
18,047
1,616
5,495
12,209
26,873
Accruals and Deferred Income
other liabilities
25,054
36,559
15,179
301,548
299,195
295,702
301,223
318,367
48,254
provisions
16,365
14,991
19,781
17,316
21,241
22,323
25,984
15,252
13,904
13,196
13,196
9,471
7,900
9,386
9,615
total long term liabilities
324,932
321,541
354,329
384,321
409,464
438,029
306,900
279,976
290,306
314,744
312,391
305,173
309,123
327,753
341,456
total liabilities
823,953
865,022
885,334
980,750
1,055,255
1,141,210
799,769
709,671
695,012
748,538
627,326
549,977
505,945
465,661
493,185
net assets
606,817
479,983
407,766
218,773
178,456
193,883
235,856
252,637
219,028
171,242
179,472
174,811
164,001
165,829
154,353
total shareholders funds
606,817
479,983
407,766
218,773
178,456
193,883
235,856
252,637
219,028
171,242
179,472
174,811
164,001
165,829
154,353
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Sep 2010
Sep 2009
Operating Activities
Operating Profit
198,494
120,893
263,423
84,163
23,978
-11,852
731
59,713
69,018
-8,662
5,606
13,893
-2,100
24,815
223,270
Depreciation
31,411
32,257
35,632
39,141
43,142
41,263
41,297
29,952
34,115
32,990
28,808
25,114
31,721
24,345
28,035
Amortisation
1,125
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,875
1,500
1,500
Tax
-42,278
-16,940
-44,332
-9,457
-8,402
-11,946
-1,392
-3,414
-4,463
-59,987
Stock
20,774
-12,608
62,521
-11,453
9,811
9,240
-33,893
19,812
-4,969
18,115
26,208
-2,057
-2,994
6,458
51,536
Debtors
63,238
33,247
25,841
9,231
-40,278
26,154
55,550
38,095
-7,567
101,624
31,304
22,332
62,978
10,255
103,922
Creditors
1,366
19,657
45,992
-100,483
6,329
-68,187
107,727
36,599
-127,865
118,859
70,131
47,982
58,914
-13,821
151,729
Accruals and Deferred Income
13,911
-19,459
19,176
16,328
-11,769
56,958
-55,718
-12,516
74,633
Deferred Taxes & Provisions
1,374
-4,790
2,465
-3,925
-1,082
-3,661
10,732
1,348
708
3,725
1,571
-1,486
-229
9,615
Cash flow from operations
121,391
112,479
235,494
29,489
92,565
-19,373
84,612
50,287
52,699
24,948
50,866
66,371
28,940
15,434
198,704
Investing Activities
capital expenditure
-23,896
-10,420
-5,168
-23,963
-290,886
-89,404
-32,056
-7,432
-42,630
-46,159
-23,198
-26,415
-6,337
-446,868
Change in Investments
cash flow from investments
-23,896
-10,420
-5,168
-23,963
-290,886
-89,404
-32,056
-7,432
-42,630
-46,159
-23,198
-26,415
-6,337
-446,868
Financing Activities
Bank loans
Group/Directors Accounts
-7,989
2,897
37,357
2,559
Other Short Term Loans
Long term loans
-14,414
-24,119
-25,743
-6,554
-29,302
146,295
-5,188
-26,857
276,402
-283,587
283,587
Hire Purchase and Lease Commitments
20,936
-6,673
-14,705
-15,314
30,752
11,435
other long term liabilities
-25,054
-11,505
21,380
15,179
-301,548
2,353
3,493
-5,521
-17,144
270,113
48,254
share issue
100
interest
-29,382
-31,735
-30,098
-34,389
-39,406
-30,121
-17,512
-17,701
-9,286
432
447
331
272
-8,876
-9,030
cash flow from financing
-30,849
-59,630
-33,189
-53,698
-63,010
116,104
-1,320
-29,379
-34,432
2,785
3,940
-5,190
-16,872
-22,350
322,911
cash and cash equivalents
cash
10,393
65,023
31,927
3,507
-42,489
8,204
5,053
-10,243
34,979
-14,897
8,647
37,983
-14,347
-13,253
74,747
overdraft
-56,253
12,175
-159,958
32,884
-55,829
210,106
11,165
906
24,144
change in cash
66,646
52,848
191,885
-29,377
13,340
-201,902
-6,112
-11,149
10,835
-14,897
8,647
37,983
-14,347
-13,253
74,747
fine cheeses limited 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 fine cheeses limited. Get real-time insights into fine cheeses limited's credit score, group structure and payment trends.
Perform a competitor analysis for fine cheeses limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in WF7 area or any other competitors across 12 key performance metrics.
fine cheeses limited Ownership
FINE CHEESES LIMITED group structure
Fine Cheeses Limited has no subsidiary companies.
Ultimate parent company
FINE CHEESES LIMITED
04912190
FINE CHEESES LIMITED Shareholders
The sole shareholder of Fine Cheeses Limited is Michael David Lee.
michael david lee
100%
fine cheeses limited directors
Fine Cheeses Limited currently has 2 directors.
The longest serving directors include
Mr Michael Lee (Sep 2003) and
Mr Fabrice Marcotullio (Sep 2020).
46330 - Wholesale of dairy products, eggs and edible oils and fats
incorporation date
September 2003
age
22
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
SMH HAYWOOD & CO LIMITED
auditor
-
address
unit 8 & 9 lister park, green lane industrial estate, featherstone, west yorkshire, WF7 6FE
Bank
BARCLAYS BANK PLC
Legal Advisor
-
fine cheeses 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 4 charges/mortgages relating to fine cheeses limited. Currently there are 4 open charges and 0 have been satisfied in the past.
fine cheeses 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 FINE CHEESES LIMITED. This can take several minutes, an email will notify you when this has completed.
fine cheeses limitedCompanies House Filings - See Documents
