meatmart (uk) limited

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meatmart (uk) limited Company Information

Share MEATMART (UK) LIMITED

Company Number

05341421

Shareholders

chajim erlanger

mrs billa erlanger

Group Structure

View All

Industry

Retail sale of meat and meat products in specialised stores

 

Registered Address

47 bury new road, prestwich, manchester, M25 9JY

Website

-

meatmart (uk) limited Estimated Valuation

£231.1k

Pomanda estimates the enterprise value of MEATMART (UK) LIMITED at £231.1k based on a Turnover of £632.4k and 0.37x industry multiple (adjusted for size and gross margin).

meatmart (uk) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MEATMART (UK) LIMITED at £0 based on an EBITDA of £-4.8k and a 2.39x industry multiple (adjusted for size and gross margin).

meatmart (uk) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MEATMART (UK) LIMITED at £0 based on Net Assets of £-84.5k and 3.48x industry multiple (adjusted for liquidity).

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Meatmart (uk) Limited Overview

Meatmart (uk) Limited is a live company located in manchester, M25 9JY with a Companies House number of 05341421. It operates in the retail sale of meat and meat products in specialised stores sector, SIC Code 47220. Founded in January 2005, it's largest shareholder is chajim erlanger with a 50% stake. Meatmart (uk) Limited is a mature, small sized company, Pomanda has estimated its turnover at £632.4k with healthy growth in recent years.

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Meatmart (uk) Limited Health Check

Pomanda's financial health check has awarded Meatmart (Uk) Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £632.4k, make it smaller than the average company (£1.1m)

£632.4k - Meatmart (uk) Limited

£1.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (7.2%)

10% - Meatmart (uk) Limited

7.2% - Industry AVG

production

Production

with a gross margin of 14.7%, this company has a higher cost of product (20.8%)

14.7% - Meatmart (uk) Limited

20.8% - Industry AVG

profitability

Profitability

an operating margin of -0.8% make it less profitable than the average company (4.1%)

-0.8% - Meatmart (uk) Limited

4.1% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (8)

4 - Meatmart (uk) Limited

8 - Industry AVG

paystructure

Pay Structure

on an average salary of £23.8k, the company has an equivalent pay structure (£23.8k)

£23.8k - Meatmart (uk) Limited

£23.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £158.1k, this is more efficient (£134.2k)

£158.1k - Meatmart (uk) Limited

£134.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 25 days, this is later than average (18 days)

25 days - Meatmart (uk) Limited

18 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 79 days, this is slower than average (23 days)

79 days - Meatmart (uk) Limited

23 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Meatmart (uk) Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Meatmart (uk) Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 293.8%, this is a higher level of debt than the average (64.3%)

293.8% - Meatmart (uk) Limited

64.3% - Industry AVG

MEATMART (UK) LIMITED financials

EXPORTms excel logo

Meatmart (Uk) Limited's latest turnover from January 2024 is estimated at £632.4 thousand and the company has net assets of -£84.5 thousand. According to their latest financial statements, Meatmart (Uk) Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover632,420650,162556,376479,939422,658275,46738,045228,506216,928447,415297,388436,280206,852371,699560,248
Other Income Or Grants
Cost Of Sales539,530556,587488,535416,515359,513234,80131,983188,137179,114361,210234,455359,742173,018300,883463,221
Gross Profit92,89093,57667,84263,42463,14540,6666,06240,37037,81486,20562,93276,53833,83570,81697,027
Admin Expenses97,708144,076118,178124,9996,48014,922-18,72255,5723,428101,33112,88147,7567,09472,293177,105
Operating Profit-4,818-50,500-50,336-61,57556,66525,74424,784-15,20234,386-15,12650,05128,78226,741-1,477-80,078
Interest Payable
Interest Receivable132611110
Pre-Tax Profit-4,818-50,500-50,336-61,57556,66525,74424,784-15,18934,413-15,12550,06228,79226,741-1,477-80,078
Tax-10,766-4,891-4,709-6,882-11,514-6,910-6,953
Profit After Tax-4,818-50,500-50,336-61,57545,89920,85320,075-15,18927,530-15,12538,54821,88219,788-1,477-80,078
Dividends Paid
Retained Profit-4,818-50,500-50,336-61,57545,89920,85320,075-15,18927,530-15,12538,54821,88219,788-1,477-80,078
Employee Costs95,16888,25686,25189,370101,92795,19122,62745,90225,52645,08625,00142,75021,34742,59945,922
Number Of Employees444444121212122
EBITDA*-4,818-50,500-50,336-61,57556,66525,74424,784-15,20245,82112057,53228,78226,741-1,477-76,218

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets8,57617,15325,72934,30545,74029,926
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets8,57617,15325,72934,30545,74029,926
Stock & work in progress3,0006,0006,0005,0005,00010,00010,500
Trade Debtors43,61149,60587,24795,07097,17247,3274,36116,39918,55728,76317,21243,0835,4294,27710,672
Group Debtors
Misc Debtors14,110
Cash10,4703663,979
misc current assets
total current assets43,61149,60587,24795,07097,17261,4374,36116,39932,02734,76323,57852,06210,42914,27721,172
total assets43,61149,60587,24795,07097,17270,01321,51442,12866,33280,50353,50452,06210,42914,27721,172
Bank overdraft
Bank loan
Trade Creditors 116,810128,40193,81572,56513,72832,4684,82245,51155,24496,94554,82191,92772,17695,812101,230
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities116,810128,40193,81572,56513,72832,4684,82245,51155,24496,94554,82191,92772,17695,812101,230
loans
hp & lease commitments
Accruals and Deferred Income922909768768738738738738
other liabilities10,40221,869606
provisions
total long term liabilities11,32490922,6371,374738738738738
total liabilities128,134129,310116,45273,93914,46633,2065,56046,24955,24496,94554,82191,92772,17695,812101,230
net assets-84,523-79,705-29,20521,13182,70636,80715,954-4,12111,088-16,442-1,317-39,865-61,747-81,535-80,058
total shareholders funds-84,523-79,705-29,20521,13182,70636,80715,954-4,12111,088-16,442-1,317-39,865-61,747-81,535-80,058
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit-4,818-50,500-50,336-61,57556,66525,74424,784-15,20234,386-15,12650,05128,78226,741-1,477-80,078
Depreciation11,43515,2467,4813,860
Amortisation
Tax-10,766-4,891-4,709-6,882-11,514-6,910-6,953
Stock-3,000-3,0001,000-5,000-50010,500
Debtors-5,994-37,642-7,823-2,10235,73557,076-12,038-2,158-10,20611,551-25,87137,6541,152-6,39510,672
Creditors-11,59134,58621,25058,837-18,74027,646-40,689-9,733-41,70142,124-37,10619,751-23,636-5,418101,230
Accruals and Deferred Income1314130738
Deferred Taxes & Provisions
Cash flow from operations-10,40221,869-21,263-606-8,576-8,577-8,576-19,03910,44430,69333,7833,9693,840
Investing Activities
capital expenditure8,5768,5778,5768,576-31,060-37,407-3,860
Change in Investments
cash flow from investments8,5768,5778,5768,576-31,060-37,407-3,860
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities10,402-21,86921,263606
share issue-2020
interest132611110
cash flow from financing10,402-21,86921,263606-7261111020
cash and cash equivalents
cash-10,47010,470-366-3,6133,979
overdraft
change in cash-10,47010,470-366-3,6133,979

meatmart (uk) 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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Meatmart (uk) Limited Competitor Analysis

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Perform a competitor analysis for meatmart (uk) 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 M25 area or any other competitors across 12 key performance metrics.

meatmart (uk) limited Ownership

MEATMART (UK) LIMITED group structure

Meatmart (Uk) Limited has no subsidiary companies.

Ultimate parent company

MEATMART (UK) LIMITED

05341421

MEATMART (UK) LIMITED Shareholders

chajim erlanger 50%
mrs billa erlanger 50%

meatmart (uk) limited directors

Meatmart (Uk) Limited currently has 2 directors. The longest serving directors include Chajim Erlanger (Feb 2005) and Mrs Billa Erlanger (Jun 2023).

officercountryagestartendrole
Chajim Erlanger56 years Feb 2005- Director
Mrs Billa Erlanger51 years Jun 2023- Director

P&L

January 2024

turnover

632.4k

-3%

operating profit

-4.8k

0%

gross margin

14.7%

+2.05%

turnover

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

Balance Sheet

January 2024

net assets

-84.5k

+0.06%

total assets

43.6k

-0.12%

cash

0

0%

net assets

Total assets minus all liabilities

meatmart (uk) limited company details

company number

05341421

Type

Private limited with Share Capital

industry

47220 - Retail sale of meat and meat products in specialised stores

incorporation date

January 2005

age

20

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

-

address

47 bury new road, prestwich, manchester, M25 9JY

Bank

-

Legal Advisor

-

meatmart (uk) 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 meatmart (uk) limited.

meatmart (uk) 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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meatmart (uk) limited Companies House Filings - See Documents

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