food & fuel limited
food & fuel limited Company Information
Company Number
05637266
Next Accounts
1791 days late
Industry
Public houses and bars
Shareholders
brunning & price limited
Group Structure
View All
Contact
Registered Address
c/o rsm restructuring advisory l, highfield court, chandlers ford, eastliegh, SO53 3TY
Website
www.foodandfuel.co.ukfood & fuel limited Estimated Valuation
Pomanda estimates the enterprise value of FOOD & FUEL LIMITED at £8.8m based on a Turnover of £13m and 0.68x industry multiple (adjusted for size and gross margin).
food & fuel limited Estimated Valuation
Pomanda estimates the enterprise value of FOOD & FUEL LIMITED at £3.2m based on an EBITDA of £711.8k and a 4.46x industry multiple (adjusted for size and gross margin).
food & fuel limited Estimated Valuation
Pomanda estimates the enterprise value of FOOD & FUEL LIMITED at £7.9m based on Net Assets of £3.6m and 2.17x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Food & Fuel Limited Overview
Food & Fuel Limited is a live company located in chandlers ford, SO53 3TY with a Companies House number of 05637266. It operates in the public houses and bars sector, SIC Code 56302. Founded in November 2005, it's largest shareholder is brunning & price limited with a 100% stake. Food & Fuel Limited is a mature, mid sized company, Pomanda has estimated its turnover at £13m with low growth in recent years.
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Food & Fuel Limited Health Check
Pomanda's financial health check has awarded Food & Fuel Limited a 3.5 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
4 Strong
1 Regular
6 Weak
Size
annual sales of £13m, make it larger than the average company (£562.6k)
£13m - Food & Fuel Limited
£562.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (4.2%)
- Food & Fuel Limited
4.2% - Industry AVG
Production
with a gross margin of 38.5%, this company has a higher cost of product (58.5%)
38.5% - Food & Fuel Limited
58.5% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (4.5%)
0.6% - Food & Fuel Limited
4.5% - Industry AVG
Employees
with 212 employees, this is above the industry average (25)
212 - Food & Fuel Limited
25 - Industry AVG
Pay Structure
on an average salary of £24.3k, the company has a higher pay structure (£16.4k)
£24.3k - Food & Fuel Limited
£16.4k - Industry AVG
Efficiency
resulting in sales per employee of £61.2k, this is more efficient (£52.2k)
£61.2k - Food & Fuel Limited
£52.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Food & Fuel Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 41 days, this is quicker than average (48 days)
41 days - Food & Fuel Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 15 days, this is in line with average (16 days)
15 days - Food & Fuel Limited
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (13 weeks)
6 weeks - Food & Fuel Limited
13 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 (80.2%)
56% - Food & Fuel Limited
80.2% - Industry AVG
FOOD & FUEL LIMITED financials
Food & Fuel Limited's latest turnover from May 2018 is £13 million and the company has net assets of £3.6 million. According to their latest financial statements, Food & Fuel Limited has 212 employees and maintains cash reserves of £548.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2018 | May 2017 | May 2016 | May 2015 | Jun 2014 | Jun 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 12,971,431 | 12,715,135 | 12,659,841 | 12,874,146 | 11,439,617 | 10,881,485 | 10,074,467 | 8,938,182 | 8,871,789 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 7,980,200 | 7,805,966 | 7,830,832 | 8,070,350 | 7,030,714 | 6,803,495 | 6,212,370 | 5,451,648 | 5,474,269 |
| Gross Profit | 4,991,231 | 4,909,169 | 4,829,009 | 4,803,796 | 4,408,903 | 4,077,990 | 3,862,097 | 3,486,534 | 3,397,520 |
| Admin Expenses | 4,911,452 | 4,637,440 | 4,993,200 | 4,620,853 | 4,143,011 | 3,792,393 | 3,577,924 | 3,364,205 | 3,163,516 |
| Operating Profit | 79,779 | 271,729 | -164,191 | 182,943 | 265,892 | 285,597 | 284,173 | 122,329 | 234,004 |
| Interest Payable | 85,413 | 86,400 | 85,801 | 92,570 | 76,988 | 50,569 | 64,679 | 57,025 | 38,410 |
| Interest Receivable | 367 | 44 | 0 | 1 | 231 | 120 | 0 | 0 | 0 |
| Pre-Tax Profit | -5,267 | 185,373 | -249,992 | 90,374 | 189,135 | 235,148 | 219,494 | 65,304 | 195,594 |
| Tax | -58,048 | -67,876 | -93,090 | -31,270 | -23,312 | -66,419 | -58,625 | -18,675 | -5,577 |
| Profit After Tax | -63,315 | 117,497 | -343,082 | 59,104 | 165,823 | 168,729 | 160,869 | 46,629 | 190,017 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 23,437 | 0 | 0 |
| Retained Profit | -63,315 | 117,497 | -343,082 | 59,104 | 165,823 | 168,729 | 137,432 | 46,629 | 190,017 |
| Employee Costs | 5,159,902 | 4,936,571 | 4,914,978 | 4,909,938 | 3,982,887 | 4,001,460 | 3,781,847 | 3,396,230 | 3,275,230 |
| Number Of Employees | 212 | 245 | 260 | 255 | 250 | 254 | 236 | 214 | 208 |
| EBITDA* | 711,846 | 929,135 | 345,847 | 726,628 | 688,668 | 655,037 | 636,923 | 463,799 | 568,619 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2018 | May 2017 | May 2016 | May 2015 | Jun 2014 | Jun 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 404,590 | 6,354,539 | 6,100,743 | 6,839,906 | 6,527,706 | 5,679,822 | 5,674,070 | 5,457,485 | 5,209,023 |
| Intangible Assets | 6,443,387 | 449,132 | 493,674 | 538,216 | 582,758 | 627,300 | 671,842 | 716,384 | 932,427 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 91,125 | 91,125 | 85,000 |
| Total Fixed Assets | 6,847,977 | 6,803,671 | 6,594,417 | 7,378,122 | 7,110,464 | 6,307,122 | 6,437,037 | 6,264,994 | 6,226,450 |
| Stock & work in progress | 346,435 | 346,571 | 333,481 | 346,588 | 339,083 | 306,919 | 316,549 | 285,080 | 276,647 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 510,707 | 307,900 | 566,294 | 681,100 | 250,561 | 327,409 | 198,827 | 233,152 | 235,253 |
| Cash | 548,199 | 949,618 | 21,700 | 21,700 | 310,397 | 19,700 | 19,700 | 126,242 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,405,341 | 1,604,089 | 921,475 | 1,049,388 | 900,041 | 654,028 | 535,076 | 644,474 | 511,900 |
| total assets | 8,253,318 | 8,407,760 | 7,515,892 | 8,427,510 | 8,010,505 | 6,961,150 | 6,972,113 | 6,909,468 | 6,738,350 |
| Bank overdraft | 2,637,500 | 150,000 | 21,877 | 316,063 | 0 | 329,650 | 249,161 | 0 | 216,959 |
| Bank loan | 0 | 0 | 1,516,781 | 0 | 335,716 | 285,716 | 200,000 | 150,000 | 0 |
| Trade Creditors | 913,949 | 898,199 | 885,587 | 1,475,017 | 1,160,793 | 809,528 | 588,519 | 1,026,805 | 802,580 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 750,761 | 758,188 | 1,211,443 | 943,356 | 696,810 | 720,606 | 1,001,796 | 620,270 | 735,860 |
| total current liabilities | 4,302,210 | 1,806,387 | 3,635,688 | 2,734,436 | 2,193,319 | 2,145,500 | 2,039,476 | 1,797,075 | 1,755,399 |
| loans | 0 | 2,600,000 | 0 | 1,516,781 | 1,699,997 | 864,284 | 1,150,000 | 1,467,188 | 1,384,375 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 318,012 | 304,962 | 301,290 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 318,012 | 2,904,962 | 301,290 | 1,516,781 | 1,699,997 | 864,284 | 1,150,000 | 1,467,188 | 1,384,375 |
| total liabilities | 4,620,222 | 4,711,349 | 3,936,978 | 4,251,217 | 3,893,316 | 3,009,784 | 3,189,476 | 3,264,263 | 3,139,774 |
| net assets | 3,633,096 | 3,696,411 | 3,578,914 | 4,176,293 | 4,117,189 | 3,951,366 | 3,782,637 | 3,645,205 | 3,598,576 |
| total shareholders funds | 3,633,096 | 3,696,411 | 3,578,914 | 4,176,293 | 4,117,189 | 3,951,366 | 3,782,637 | 3,645,205 | 3,598,576 |
| May 2018 | May 2017 | May 2016 | May 2015 | Jun 2014 | Jun 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 79,779 | 271,729 | -164,191 | 182,943 | 265,892 | 285,597 | 284,173 | 122,329 | 234,004 |
| Depreciation | 587,525 | 612,864 | 465,496 | 499,143 | 378,234 | 324,898 | 308,208 | 296,928 | 280,034 |
| Amortisation | 44,542 | 44,542 | 44,542 | 44,542 | 44,542 | 44,542 | 44,542 | 44,542 | 54,581 |
| Tax | -58,048 | -67,876 | -93,090 | -31,270 | -23,312 | -66,419 | -58,625 | -18,675 | -5,577 |
| Stock | -136 | 13,090 | -13,107 | 7,505 | 32,164 | -9,630 | 31,469 | 8,433 | 276,647 |
| Debtors | 202,807 | -258,394 | -114,806 | 430,539 | -76,848 | 37,457 | -34,325 | 4,024 | 320,253 |
| Creditors | 15,750 | 12,612 | -589,430 | 314,224 | 351,265 | 221,009 | -438,286 | 224,225 | 802,580 |
| Accruals and Deferred Income | -7,427 | -453,255 | 268,087 | 246,546 | -23,796 | -281,190 | 381,526 | -115,590 | 735,860 |
| Deferred Taxes & Provisions | 13,050 | 3,672 | 301,290 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 472,500 | 669,592 | 360,617 | 818,084 | 1,037,509 | 500,610 | 524,394 | 541,302 | 1,504,582 |
| Investing Activities | |||||||||
| capital expenditure | -676,373 | -866,660 | -200,129 | -811,343 | -1,226,118 | -330,650 | -524,793 | -501,987 | -502,630 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -676,373 | -866,660 | -200,129 | -811,343 | -1,226,118 | -330,650 | -524,793 | -501,987 | -502,630 |
| Financing Activities | |||||||||
| Bank loans | 0 | -1,516,781 | 1,516,781 | -335,716 | 50,000 | 85,716 | 50,000 | 150,000 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -2,600,000 | 2,600,000 | -1,516,781 | -183,216 | 835,713 | -285,716 | -317,188 | 82,813 | 1,384,375 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | -85,046 | -86,356 | -85,801 | -92,569 | -76,757 | -50,449 | -64,679 | -57,025 | -38,410 |
| cash flow from financing | -2,685,046 | 996,863 | -340,098 | -611,501 | 808,956 | -250,449 | -331,867 | 175,788 | 4,754,524 |
| cash and cash equivalents | |||||||||
| cash | -401,419 | 927,918 | 0 | -288,697 | 290,697 | 0 | -106,542 | 126,242 | 0 |
| overdraft | 2,487,500 | 128,123 | -294,186 | 316,063 | -329,650 | 80,489 | 249,161 | -216,959 | 216,959 |
| change in cash | -2,888,919 | 799,795 | 294,186 | -604,760 | 620,347 | -80,489 | -355,703 | 343,201 | -216,959 |
food & fuel limited Credit Report and Business Information
Food & Fuel Limited Competitor Analysis
Perform a competitor analysis for food & fuel limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in SO53 area or any other competitors across 12 key performance metrics.
food & fuel limited Ownership
FOOD & FUEL LIMITED group structure
Food & Fuel Limited has 1 subsidiary company.
Ultimate parent company
2 parents
FOOD & FUEL LIMITED
05637266
1 subsidiary
food & fuel limited directors
Food & Fuel Limited currently has 3 directors. The longest serving directors include Mrs Mary Willcock (Aug 2018) and Mr Andrew Hornby (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Mary Willcock | 52 years | Aug 2018 | - | Director | |
| Mr Andrew Hornby | United Kingdom | 58 years | Oct 2019 | - | Director |
| Mr Andrew Hornby | United Kingdom | 58 years | Oct 2019 | - | Director |
P&L
May 2018turnover
13m
+2%
operating profit
79.8k
-71%
gross margin
38.5%
-0.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2018net assets
3.6m
-0.02%
total assets
8.3m
-0.02%
cash
548.2k
-0.42%
net assets
Total assets minus all liabilities
Similar Companies
food & fuel limited company details
company number
05637266
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
November 2005
age
20
incorporated
UK
ultimate parent company
accounts
Dormant
last accounts submitted
May 2018
previous names
acre 999 limited (January 2006)
accountant
-
auditor
-
address
c/o rsm restructuring advisory l, highfield court, chandlers ford, eastliegh, SO53 3TY
Bank
-
Legal Advisor
-
food & fuel 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 food & fuel limited.
food & fuel limited Capital Raised & Share Issues BETA
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food & fuel limited Companies House Filings - See Documents
| date | description | view/download |
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