Pomanda estimates the enterprise value of FEAST FARE LIMITED at £1.2m based on a Turnover of £2.5m and 0.49x industry multiple (adjusted for size and gross margin).
feast fare limitedEstimated Valuation
£311.4k
Pomanda estimates the enterprise value of FEAST FARE LIMITED at £311.4k based on an EBITDA of £77.4k and a 4.02x industry multiple (adjusted for size and gross margin).
feast fare limitedEstimated Valuation
£455.4k
Pomanda estimates the enterprise value of FEAST FARE LIMITED at £455.4k based on Net Assets of £223.9k and 2.03x industry multiple (adjusted for liquidity).
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Feast Fare LimitedOverview
Feast Fare Limited is a live company located in droitwich, WR9 0PT with a Companies House number of 06014369. It operates in the manufacture of other food products n.e.c. sector, SIC Code 10890. Founded in November 2006, it's largest shareholder is
clifford michael turner
with a 100% stake. Feast Fare Limited is a established,
small sized company, Pomanda has estimated its turnover at
£2.5m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Feast Fare 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 Rating2.5out of 5
3 Strong
3 Regular
6 Weak
Size
annual sales of £2.5m, make it smaller than the average company (£12.8m)
£2.5m - Feast Fare Limited
£12.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (9.9%)
12% - Feast Fare Limited
9.9% - Industry AVG
Production
with a gross margin of 29%, this company has a comparable cost of product (29%)
29% - Feast Fare Limited
29% - Industry AVG
Profitability
an operating margin of -1.3% make it less profitable than the average company (4.5%)
-1.3% - Feast Fare Limited
4.5% - Industry AVG
Employees
with 45 employees, this is similar to the industry average (56)
45 - Feast Fare Limited
56 - Industry AVG
Pay Structure
on an average salary of £38.4k, the company has an equivalent pay structure (£38.4k)
£38.4k - Feast Fare Limited
£38.4k - Industry AVG
Efficiency
resulting in sales per employee of £55.5k, this is less efficient (£219.9k)
£55.5k - Feast Fare Limited
£219.9k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (40 days)
1 days - Feast Fare Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (39 days)
22 days - Feast Fare Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is less than average (54 days)
9 days - Feast Fare Limited
54 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 8 weeks, this is less cash available to meet short term requirements (16 weeks)
8 weeks - Feast Fare Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.2%, this is a higher level of debt than the average (60.5%)
79.2% - Feast Fare Limited
60.5% - Industry AVG
FEAST FARE LIMITED financials
EXPORT
Feast Fare Limited's latest turnover from March 2024 is estimated at £2.5 million and the company has net assets of £223.9 thousand. According to their latest financial statements, Feast Fare Limited has 45 employees and maintains cash reserves of £64 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
2,496,403
2,531,138
2,288,903
1,765,896
2,295,141
1,510,973
1,556,233
1,564,869
295,257
233,800
681,780
541,972
434,417
802,161
676,815
Other Income Or Grants
Cost Of Sales
1,773,413
1,785,565
1,626,828
1,244,595
1,619,083
1,057,216
1,089,540
1,077,351
206,211
163,447
481,677
385,613
304,986
321,525
285,602
Gross Profit
722,990
745,573
662,075
521,301
676,058
453,757
466,693
487,518
89,046
70,353
200,102
156,358
129,431
480,636
391,213
Admin Expenses
754,344
738,344
537,505
540,700
647,452
350,425
535,164
407,311
20,680
52,412
171,521
147,332
95,191
414,812
388,814
Operating Profit
-31,354
7,229
124,570
-19,399
28,606
103,332
-68,471
80,207
68,366
17,941
28,581
9,026
34,240
65,824
2,399
Interest Payable
15,384
25,439
21,940
11,435
4,381
7,088
8,742
10,638
12,098
6,445
1,139
4,430
1,913
Interest Receivable
3,634
3,018
534
64
54
442
275
167
220
14
20
19
12
Pre-Tax Profit
-43,104
-15,192
103,164
-30,770
24,279
96,686
-76,938
69,736
56,488
11,510
28,601
9,045
33,112
62,510
486
Tax
-19,601
-4,613
-18,370
-13,947
-11,297
-2,417
-6,578
-2,171
-8,609
Profit After Tax
-43,104
-15,192
83,563
-30,770
19,666
78,316
-76,938
55,789
45,190
9,093
22,023
6,874
24,503
62,510
486
Dividends Paid
Retained Profit
-43,104
-15,192
83,563
-30,770
19,666
78,316
-76,938
55,789
45,190
9,093
22,023
6,874
24,503
62,510
486
Employee Costs
1,728,923
1,732,036
1,521,317
1,235,589
1,418,836
962,729
948,569
919,078
60,948
60,828
117,679
89,353
85,056
361,334
314,198
Number Of Employees
45
49
45
38
45
30
30
30
2
2
4
3
3
5
4
EBITDA*
77,449
101,976
214,723
69,446
113,534
167,852
-22,771
104,688
147,235
70,481
65,700
29,288
54,208
70,119
23,323
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
900,913
789,292
720,602
693,295
748,537
737,857
629,164
586,731
519,167
543,119
467,119
312,314
232,732
95,384
58,271
Intangible Assets
4,500
6,000
7,500
9,000
10,500
12,000
13,500
15,000
16,500
18,000
19,500
21,000
22,500
24,000
25,500
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
905,413
795,292
728,102
702,295
759,037
749,857
642,664
601,731
535,667
561,119
486,619
333,314
255,232
119,384
83,771
Stock & work in progress
48,000
48,000
48,000
48,000
48,000
48,000
48,000
45,500
45,500
48,000
41,275
37,399
35,916
28,600
11,500
Trade Debtors
10,850
12,159
11,411
736
4,811
8,460
7,646
19,000
5,296
7,689
35,488
32,066
22,937
2,419
2,485
Group Debtors
Misc Debtors
47,126
30,279
59,712
31,357
44,778
93,848
111,530
91,528
38,891
35,850
47,728
3,161
Cash
64,006
74,429
67,577
74,883
52,910
54,932
62,903
46,944
86,365
1,500
4,180
3,780
3,780
820
3,025
misc current assets
total current assets
169,982
164,867
186,700
154,976
150,499
205,240
230,079
202,972
176,052
93,039
80,943
73,245
62,633
79,567
20,171
total assets
1,075,395
960,159
914,802
857,271
909,536
955,097
872,743
804,703
711,719
654,158
567,562
406,559
317,865
198,951
103,942
Bank overdraft
21,955
30,103
19,212
83,088
17,842
6,048
Bank loan
31,812
36,575
75,240
19,020
34,046
70,866
77,958
115,213
Trade Creditors
110,711
136,117
104,704
121,356
205,381
120,137
136,188
117,348
117,271
79,858
286,356
197,907
158,923
66,443
61,366
Group/Directors Accounts
2,584
34,411
other short term finances
2,095
14,669
24,560
21,149
9,586
hp & lease commitments
90,879
42,622
111,476
138,452
113,051
97,162
10,818
20,313
other current liabilities
146,118
95,121
90,261
69,609
61,702
75,745
70,239
63,598
140,029
133,504
10,676
19,854
total current liabilities
379,520
310,435
270,205
212,569
449,111
441,824
421,995
444,573
276,512
296,450
286,356
197,907
158,923
115,365
107,581
loans
56,626
148,480
236,077
319,745
154,735
115,213
7,617
hp & lease commitments
203,346
101,161
103,456
201,660
205,121
151,786
6,852
17,670
Accruals and Deferred Income
other liabilities
127,917
135,130
182,934
123,489
75,036
provisions
212,018
133,094
126,339
126,339
127,581
101,891
114,221
total long term liabilities
471,990
382,735
362,416
446,084
231,037
303,551
319,342
151,786
282,652
250,343
182,934
123,489
75,036
14,469
17,670
total liabilities
851,510
693,170
632,621
658,653
680,148
745,375
741,337
596,359
559,164
546,793
469,290
321,396
233,959
129,834
125,251
net assets
223,885
266,989
282,181
198,618
229,388
209,722
131,406
208,344
152,555
107,365
98,272
85,163
83,906
69,117
-21,309
total shareholders funds
223,885
266,989
282,181
198,618
229,388
209,722
131,406
208,344
152,555
107,365
98,272
85,163
83,906
69,117
-21,309
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
-31,354
7,229
124,570
-19,399
28,606
103,332
-68,471
80,207
68,366
17,941
28,581
9,026
34,240
65,824
2,399
Depreciation
107,303
93,247
88,653
87,345
83,428
63,020
44,200
22,981
77,369
51,040
35,619
18,762
18,468
2,795
19,424
Amortisation
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
1,500
Tax
-19,601
-4,613
-18,370
-13,947
-11,297
-2,417
-6,578
-2,171
-8,609
Stock
2,500
-2,500
6,725
3,876
1,483
7,316
17,100
11,500
Debtors
15,538
-28,685
39,030
-17,496
-52,719
-16,868
8,648
66,341
648
8,051
3,422
9,129
-27,210
44,501
5,646
Creditors
-25,406
31,413
-16,652
-84,025
85,244
-16,051
18,840
77
37,413
-206,498
88,449
38,984
92,480
5,077
61,366
Accruals and Deferred Income
50,997
4,860
20,652
7,907
-14,043
5,506
6,641
-76,431
6,525
133,504
-10,676
-9,178
19,854
Deferred Taxes & Provisions
78,924
6,755
-1,242
25,690
-12,330
114,221
Cash flow from operations
166,426
173,689
160,092
9,582
258,531
143,475
105,783
-51,954
181,728
-19,706
140,273
55,489
147,297
4,417
87,397
Investing Activities
capital expenditure
-218,924
-161,937
-115,960
-32,103
-94,108
-171,713
-86,633
-90,545
-53,417
-127,040
-190,424
-98,344
-155,816
-39,908
-104,695
Change in Investments
cash flow from investments
-218,924
-161,937
-115,960
-32,103
-94,108
-171,713
-86,633
-90,545
-53,417
-127,040
-190,424
-98,344
-155,816
-39,908
-104,695
Financing Activities
Bank loans
-4,763
-38,665
56,220
-15,026
-36,820
-7,092
-37,255
115,213
Group/Directors Accounts
-2,584
-31,827
34,411
Other Short Term Loans
-2,095
-12,574
-9,891
3,411
21,149
-9,586
9,586
Long term loans
-91,854
-87,597
-83,668
319,745
-154,735
39,522
115,213
-7,617
7,617
Hire Purchase and Lease Commitments
150,442
143,783
-214,932
-125,180
21,940
69,224
248,948
-17,670
-20,313
37,983
other long term liabilities
-127,917
-7,213
-47,804
59,445
48,453
75,036
share issue
-8,914
-5,617
-9,714
27,916
-21,795
interest
-11,750
-22,421
-21,406
-11,371
-4,327
-6,646
-8,467
-10,471
-11,878
-6,431
20
19
-1,127
-4,430
-1,913
cash flow from financing
42,075
-4,900
-51,438
44,494
-144,490
-1,689
26,913
92,187
20,431
60,978
50,551
42,855
29,322
20,376
14,275
cash and cash equivalents
cash
-10,423
6,852
-7,306
21,973
-2,022
-7,971
15,959
-39,421
84,865
-2,680
400
2,960
-2,205
3,025
overdraft
-21,955
21,955
-30,103
10,891
-63,876
83,088
-17,842
11,794
6,048
change in cash
-10,423
6,852
-7,306
21,973
19,933
-29,926
46,062
-50,312
148,741
-85,768
400
20,802
-13,999
-3,023
feast fare 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 feast fare limited. Get real-time insights into feast fare limited's credit score, group structure and payment trends.
Perform a competitor analysis for feast fare limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in WR9 area or any other competitors across 12 key performance metrics.
feast fare limited Ownership
FEAST FARE LIMITED group structure
Feast Fare Limited has no subsidiary companies.
Ultimate parent company
FEAST FARE LIMITED
06014369
FEAST FARE LIMITED Shareholders
The sole shareholder of Feast Fare Limited is Clifford Michael Turner.
clifford michael turner
100%
feast fare limited directors
Feast Fare Limited currently has 2 directors.
The longest serving directors include
Ms Carolyn Turner (Nov 2006) and
Mr Clifford Turner (Nov 2006).
47990 - Other retail sale not in stores, stalls or markets
10890 - Manufacture of other food products n.e.c.
incorporation date
November 2006
age
19
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
BALLARDS LLP
auditor
-
address
unit b2 ryelands business centre, ryelands farm elmley lovett, droitwich, worcestershire, WR9 0PT
Bank
ALLIANCE & LEICESTER PLC
Legal Advisor
-
feast fare 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 2 charges/mortgages relating to feast fare limited. Currently there are 2 open charges and 0 have been satisfied in the past.
feast fare 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 FEAST FARE LIMITED. This can take several minutes, an email will notify you when this has completed.
feast fare limitedCompanies House Filings - See Documents
