Pomanda estimates the enterprise value of CORNWALL FOOD FOUNDATION at £1.5m based on a Turnover of £2.9m and 0.53x industry multiple (adjusted for size and gross margin).
cornwall food foundationEstimated Valuation
£0
Pomanda estimates the enterprise value of CORNWALL FOOD FOUNDATION at £0 based on an EBITDA of £-46.9k and a 3.78x industry multiple (adjusted for size and gross margin).
cornwall food foundationEstimated Valuation
£1m
Pomanda estimates the enterprise value of CORNWALL FOOD FOUNDATION at £1m based on Net Assets of £439.7k and 2.37x industry multiple (adjusted for liquidity).
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Cornwall Food FoundationOverview
Cornwall Food Foundation is a live company located in liverpool, L2 5RH with a Companies House number of 05541800. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in August 2005, it's largest shareholder is
unknown.
Cornwall Food Foundation is a mature,
small sized company, Pomanda has estimated its turnover at
£2.9m with
declining
growth in recent years.
Pomanda's financial health check has awarded Cornwall Food Foundation a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
6 Strong
1 Regular
5 Weak
Size
annual sales of £2.9m, make it larger than the average company (£2.2m)
£2.9m - Cornwall Food Foundation
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (4.4%)
-5% - Cornwall Food Foundation
4.4% - Industry AVG
Production
with a gross margin of 37.7%, this company has a comparable cost of product (37.7%)
37.7% - Cornwall Food Foundation
37.7% - Industry AVG
Profitability
an operating margin of -4.9% make it less profitable than the average company (5.9%)
-4.9% - Cornwall Food Foundation
5.9% - Industry AVG
Employees
with 82 employees, this is above the industry average (21)
82 - Cornwall Food Foundation
21 - Industry AVG
Pay Structure
on an average salary of £18.8k, the company has a lower pay structure (£40.8k)
£18.8k - Cornwall Food Foundation
£40.8k - Industry AVG
Efficiency
resulting in sales per employee of £35.1k, this is less efficient (£137.4k)
£35.1k - Cornwall Food Foundation
£137.4k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (44 days)
5 days - Cornwall Food Foundation
44 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (34 days)
25 days - Cornwall Food Foundation
34 days - Industry AVG
Stock Days
it holds stock equivalent to 7 days, this is less than average (28 days)
7 days - Cornwall Food Foundation
28 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is less cash available to meet short term requirements (21 weeks)
2 weeks - Cornwall Food Foundation
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56%, this is a lower level of debt than the average (65.5%)
56% - Cornwall Food Foundation
65.5% - Industry AVG
CORNWALL FOOD FOUNDATION financials
EXPORT
Cornwall Food Foundation's latest turnover from January 2019 is £2.9 million and the company has net assets of £439.7 thousand. According to their latest financial statements, Cornwall Food Foundation has 82 employees and maintains cash reserves of £26.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Turnover
2,879,496
3,101,319
3,119,893
3,326,557
3,257,303
3,360,771
3,052,226
3,363,226
3,560,177
3,545,198
Other Income Or Grants
Cost Of Sales
1,795,289
1,934,156
1,907,443
2,088,800
2,071,633
2,158,041
1,933,591
2,084,278
2,147,600
2,141,357
Gross Profit
1,084,207
1,167,163
1,212,450
1,237,757
1,185,670
1,202,730
1,118,635
1,278,948
1,412,577
1,403,841
Admin Expenses
1,223,815
1,270,193
1,281,444
1,199,659
1,147,003
992,373
1,260,559
1,232,619
1,243,358
1,223,690
Operating Profit
-139,608
-103,030
-68,994
38,098
38,667
210,357
-141,924
46,329
169,219
180,151
Interest Payable
4,321
2,925
2,432
7,698
13,630
11,598
7,617
Interest Receivable
Pre-Tax Profit
-143,196
-104,668
-70,451
25,852
21,294
154,550
-147,071
34,774
115,081
124,940
Tax
-5,318
-832
-78
Profit After Tax
-143,196
-104,668
-70,451
25,852
21,294
154,550
-147,071
29,456
114,249
124,862
Dividends Paid
Retained Profit
-143,196
-104,668
-70,451
25,852
21,294
154,550
-147,071
29,456
114,249
124,862
Employee Costs
1,539,688
1,507,495
1,358,595
1,406,321
1,388,980
1,453,732
1,331,089
1,313,657
1,233,910
175,662
Number Of Employees
82
78
72
74
71
75
74
74
68
4
EBITDA*
-46,905
21,610
54,186
165,043
168,003
342,248
-68,310
134,148
315,242
317,938
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Tangible Assets
543,376
569,903
613,529
727,053
844,911
959,292
1,005,272
709,731
769,592
885,691
Intangible Assets
900
1,800
Investments & Other
150
Debtors (Due After 1 year)
Total Fixed Assets
543,376
569,903
613,529
727,203
845,811
961,092
1,005,272
709,731
769,592
885,691
Stock & work in progress
36,862
49,390
56,725
49,520
64,825
60,639
63,520
70,067
61,473
71,663
Trade Debtors
41,667
25,388
51,856
61,703
80,254
46,456
23,261
28,379
49,204
59,796
Group Debtors
Misc Debtors
351,894
276,684
92,044
98,437
136,105
158,324
45,941
37,002
25,634
21,103
Cash
26,531
169,061
345,622
433,904
332,100
434,958
347,252
640,765
609,373
562,278
misc current assets
total current assets
456,954
520,523
546,247
643,564
613,284
700,377
479,974
776,213
745,684
714,840
total assets
1,000,330
1,090,426
1,159,776
1,370,767
1,459,095
1,661,469
1,485,246
1,485,944
1,515,276
1,600,531
Bank overdraft
43,044
43,846
5,000
67,813
91,250
91,250
31,250
31,250
31,250
86,312
Bank loan
Trade Creditors
126,990
111,771
62,154
71,558
97,368
157,293
182,235
131,149
109,250
150,710
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
390,586
282,399
310,891
308,445
239,647
246,222
407,970
250,843
258,000
279,769
total current liabilities
560,620
438,016
378,045
447,816
428,265
494,765
621,455
413,242
398,500
516,791
loans
41,154
5,000
72,813
164,063
70,313
101,563
132,813
164,062
hp & lease commitments
Accruals and Deferred Income
513,324
555,602
other liabilities
provisions
11,688
521
total long term liabilities
41,154
5,000
72,813
164,063
595,325
657,165
132,813
164,583
total liabilities
560,620
479,170
378,045
452,816
501,078
658,828
1,216,780
1,070,407
531,313
681,374
net assets
439,710
611,256
781,731
917,951
958,017
1,002,641
268,466
415,537
983,963
919,157
total shareholders funds
439,710
611,256
781,731
917,951
958,017
1,002,641
268,466
415,537
983,963
919,157
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Operating Activities
Operating Profit
-139,608
-103,030
-68,994
38,098
38,667
210,357
-141,924
46,329
169,219
180,151
Depreciation
92,703
124,640
123,180
126,045
128,436
131,891
73,614
87,819
146,023
137,787
Amortisation
900
900
Tax
-5,318
-832
-78
Stock
-12,528
-7,335
7,205
-15,305
4,186
-2,881
-6,547
8,594
-10,190
71,663
Debtors
91,489
158,172
-16,240
-56,219
11,579
135,578
3,821
-9,457
-6,061
80,899
Creditors
15,219
49,617
-9,404
-25,810
-59,925
-24,942
51,086
21,899
-41,460
150,710
Accruals and Deferred Income
108,187
-28,492
2,446
68,798
-6,575
-675,072
114,849
548,445
-21,769
279,769
Deferred Taxes & Provisions
-11,688
11,688
-521
521
Cash flow from operations
-2,460
-108,102
56,263
279,555
85,738
-502,151
112,039
700,037
266,911
596,298
Investing Activities
capital expenditure
-66,176
-81,014
-9,656
-8,337
-87,711
-369,155
-27,958
-29,924
-1,023,478
Change in Investments
-150
150
cash flow from investments
-66,176
-81,014
-9,506
-8,487
-87,711
-369,155
-27,958
-29,924
-1,023,478
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-41,154
41,154
-5,000
-67,813
-91,250
93,750
-31,250
-31,250
-31,249
164,062
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-28,350
-65,807
-65,769
-65,918
-65,918
579,625
-597,882
-49,443
794,295
interest
-4,321
-2,925
-2,432
-7,698
-13,630
-11,598
-7,617
cash flow from financing
-73,825
-27,578
-73,201
-141,429
-170,798
661,777
-38,867
-629,132
-80,692
958,357
cash and cash equivalents
cash
-142,530
-176,561
-88,282
101,804
-102,858
87,706
-293,513
31,392
47,095
562,278
overdraft
-802
38,846
-62,813
-23,437
60,000
-55,062
86,312
change in cash
-141,728
-215,407
-25,469
125,241
-102,858
27,706
-293,513
31,392
102,157
475,966
cornwall food foundation 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 cornwall food foundation. Get real-time insights into cornwall food foundation's credit score, group structure and payment trends.
Perform a competitor analysis for cornwall food foundation by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in L 2 area or any other competitors across 12 key performance metrics.
cornwall food foundation Ownership
CORNWALL FOOD FOUNDATION group structure
Cornwall Food Foundation has 1 subsidiary company.
The sole shareholder of Cornwall Food Foundation is -.
-
-
cornwall food foundation directors
Cornwall Food Foundation currently has 5 directors.
The longest serving directors include
Mrs Judith Blakeburn (Oct 2012) and
Ms Lindsey Hall (Oct 2013).
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
82990 - Other business support service activities n.e.c.
incorporation date
August 2005
age
20
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
January 2019
previous names
the cornwall foundation of promise ltd (October 2013)
accountant
-
auditor
BISHOP FLEMING LLP
address
5 temple square temple street, liverpool, L2 5RH
Bank
HSBC BANK PLC
Legal Advisor
-
cornwall food foundation 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 cornwall food foundation.
cornwall food foundation 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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cornwall food foundationCompanies House Filings - See Documents
