global foods network ltd
global foods network ltd Company Information
Company Number
05072536
Website
www.globalfoods.co.ukRegistered Address
broadflash office merton, thetford, IP25 6QL
Industry
Other food service activities
Telephone
-
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
james neil cranston 100%
global foods network ltd Estimated Valuation
Pomanda estimates the enterprise value of GLOBAL FOODS NETWORK LTD at £228k based on a Turnover of £647.1k and 0.35x industry multiple (adjusted for size and gross margin).
global foods network ltd Estimated Valuation
Pomanda estimates the enterprise value of GLOBAL FOODS NETWORK LTD at £0 based on an EBITDA of £-735 and a 3.4x industry multiple (adjusted for size and gross margin).
global foods network ltd Estimated Valuation
Pomanda estimates the enterprise value of GLOBAL FOODS NETWORK LTD at £39.6k based on Net Assets of £15.5k and 2.55x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Global Foods Network Ltd Overview
Global Foods Network Ltd is a live company located in thetford, IP25 6QL with a Companies House number of 05072536. It operates in the other food services sector, SIC Code 56290. Founded in March 2004, it's largest shareholder is james neil cranston with a 100% stake. Global Foods Network Ltd is a mature, small sized company, Pomanda has estimated its turnover at £647.1k with declining growth in recent years.
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Global Foods Network Ltd Health Check
Pomanda's financial health check has awarded Global Foods Network Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £647.1k, make it smaller than the average company (£1.2m)
- Global Foods Network Ltd
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -39%, show it is growing at a slower rate (2%)
- Global Foods Network Ltd
2% - Industry AVG
Production
with a gross margin of 14.2%, this company has a higher cost of product (26.3%)
- Global Foods Network Ltd
26.3% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (3.4%)
- Global Foods Network Ltd
3.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (18)
1 - Global Foods Network Ltd
18 - Industry AVG
Pay Structure
on an average salary of £20.4k, the company has an equivalent pay structure (£20.4k)
- Global Foods Network Ltd
£20.4k - Industry AVG
Efficiency
resulting in sales per employee of £647.1k, this is more efficient (£60.1k)
- Global Foods Network Ltd
£60.1k - Industry AVG
Debtor Days
it gets paid by customers after 79 days, this is later than average (35 days)
- Global Foods Network Ltd
35 days - Industry AVG
Creditor Days
its suppliers are paid after 120 days, this is slower than average (37 days)
- Global Foods Network Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Global Foods Network Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Global Foods Network Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.2%, this is a higher level of debt than the average (69.3%)
92.2% - Global Foods Network Ltd
69.3% - Industry AVG
GLOBAL FOODS NETWORK LTD financials
Global Foods Network Ltd's latest turnover from September 2022 is estimated at £647.1 thousand and the company has net assets of £15.5 thousand. According to their latest financial statements, Global Foods Network Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 110,314 | 331,513 | ||||||||||||
| Other Income Or Grants | 0 | 0 | ||||||||||||
| Cost Of Sales | 73,198 | 294,179 | ||||||||||||
| Gross Profit | 37,116 | 37,334 | ||||||||||||
| Admin Expenses | 34,851 | 37,637 | ||||||||||||
| Operating Profit | 2,265 | -303 | ||||||||||||
| Interest Payable | 767 | 2,043 | ||||||||||||
| Interest Receivable | 0 | 0 | ||||||||||||
| Pre-Tax Profit | 1,498 | -2,346 | ||||||||||||
| Tax | 0 | 0 | ||||||||||||
| Profit After Tax | 1,498 | -2,346 | ||||||||||||
| Dividends Paid | 0 | 0 | ||||||||||||
| Retained Profit | 1,498 | -2,346 | ||||||||||||
| Employee Costs | 14,166 | 20,636 | ||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | ||||||||||
| EBITDA* | 2,774 | 375 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 58,023 | 65,023 | 72,273 | 80,337 | 89,307 | 96,923 | 81,071 | 90,735 | 100,958 | 99,516 | 35,108 | 12,617 | 1,528 | 2,037 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 58,023 | 65,023 | 72,273 | 80,337 | 89,307 | 96,923 | 81,071 | 90,735 | 100,958 | 99,516 | 35,108 | 12,617 | 1,528 | 2,037 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17,087 |
| Trade Debtors | 140,643 | 130,767 | 839,997 | 650,485 | 401,278 | 442,017 | 271,297 | 191,553 | 142,144 | 49,921 | 29,963 | 28,786 | 1,169 | 37,855 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,000 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,662 | 553 | 114 | 10,013 | 11,297 | 1,980 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 140,643 | 130,767 | 839,997 | 650,485 | 401,278 | 442,017 | 271,297 | 193,215 | 142,697 | 50,035 | 39,976 | 40,083 | 18,149 | 54,942 |
| total assets | 198,666 | 195,790 | 912,270 | 730,822 | 490,585 | 538,940 | 352,368 | 283,950 | 243,655 | 149,551 | 75,084 | 52,700 | 19,677 | 56,979 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 840 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 183,121 | 179,510 | 883,065 | 706,352 | 468,178 | 527,635 | 348,219 | 282,444 | 236,488 | 134,450 | 64,716 | 43,046 | 6,100 | 44,060 |
| 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 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,936 | 7,936 |
| total current liabilities | 183,121 | 179,510 | 883,065 | 706,352 | 468,178 | 527,635 | 348,219 | 282,444 | 236,488 | 134,450 | 64,716 | 43,046 | 14,036 | 52,836 |
| 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 | 0 | 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 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 183,121 | 179,510 | 883,065 | 706,352 | 468,178 | 527,635 | 348,219 | 282,444 | 236,488 | 134,450 | 64,716 | 43,046 | 14,036 | 52,836 |
| net assets | 15,545 | 16,280 | 29,205 | 24,470 | 22,407 | 11,305 | 4,149 | 1,506 | 7,167 | 15,101 | 10,368 | 9,654 | 5,641 | 4,143 |
| total shareholders funds | 15,545 | 16,280 | 29,205 | 24,470 | 22,407 | 11,305 | 4,149 | 1,506 | 7,167 | 15,101 | 10,368 | 9,654 | 5,641 | 4,143 |
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 2,265 | -303 | ||||||||||||
| Depreciation | 10,223 | 10,859 | 8,086 | 7,313 | 4,206 | 509 | 678 | |||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Tax | 0 | 0 | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -17,087 | 17,087 |
| Debtors | 9,876 | -709,230 | 189,512 | 249,207 | -40,739 | 170,720 | 79,744 | 49,409 | 92,223 | 19,958 | 1,177 | 12,617 | -21,686 | 37,855 |
| Creditors | 3,611 | -703,555 | 176,713 | 238,174 | -59,457 | 179,416 | 65,775 | 45,956 | 102,038 | 69,734 | 21,670 | 36,946 | -37,960 | 44,060 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7,936 | 0 | 7,936 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 3,587 | -2,571 | ||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| 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 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -767 | -2,043 | ||||||||||||
| cash flow from financing | -767 | 4,446 | ||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -1,662 | 1,109 | 439 | -9,899 | -1,284 | 9,317 | 1,980 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -840 | 840 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -1,662 | 1,109 | 439 | -9,899 | -1,284 | 9,317 | 2,820 | -840 |
global foods network ltd Credit Report and Business Information
Global Foods Network Ltd Competitor Analysis
Perform a competitor analysis for global foods network ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
global foods network ltd Ownership
GLOBAL FOODS NETWORK LTD group structure
Global Foods Network Ltd has no subsidiary companies.
Ultimate parent company
GLOBAL FOODS NETWORK LTD
05072536
global foods network ltd directors
Global Foods Network Ltd currently has 2 directors. The longest serving directors include Mr James Cranston (Jul 2005) and Mrs Susi Softley (Oct 2008).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Cranston | Uk | 74 years | Jul 2005 | - | Director |
| Mrs Susi Softley | 48 years | Oct 2008 | - | Director |
P&L
September 2022turnover
647.1k
+4%
operating profit
-735
0%
gross margin
14.2%
+63.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
15.5k
-0.05%
total assets
198.7k
+0.01%
cash
0
0%
net assets
Total assets minus all liabilities
global foods network ltd company details
company number
05072536
Type
Private limited with Share Capital
industry
56290 - Other food service activities
incorporation date
March 2004
age
20
accounts
Micro-Entity Accounts
ultimate parent company
previous names
four inns food co ltd. (August 2006)
incorporated
UK
address
broadflash office merton, thetford, IP25 6QL
last accounts submitted
September 2022
global foods network 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 global foods network ltd.
global foods network ltd Companies House Filings - See Documents
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