shankar foods limited

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shankar foods limited Company Information

Share SHANKAR FOODS LIMITED

Company Number

06519895

Shareholders

santhirasegaram ketheeswaran

Group Structure

View All

Industry

Non-specialised wholesale trade

 

Registered Address

1 beauchamp court, 10 victors way, barnet, hertfordshire, EN5 5TZ

shankar foods limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of SHANKAR FOODS LIMITED at £1.4m based on a Turnover of £4.2m and 0.34x industry multiple (adjusted for size and gross margin).

shankar foods limited Estimated Valuation

£4.4m

Pomanda estimates the enterprise value of SHANKAR FOODS LIMITED at £4.4m based on an EBITDA of £1m and a 4.24x industry multiple (adjusted for size and gross margin).

shankar foods limited Estimated Valuation

£4.6m

Pomanda estimates the enterprise value of SHANKAR FOODS LIMITED at £4.6m based on Net Assets of £1.8m and 2.62x industry multiple (adjusted for liquidity).

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Shankar Foods Limited Overview

Shankar Foods Limited is a live company located in barnet, EN5 5TZ with a Companies House number of 06519895. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in March 2008, it's largest shareholder is santhirasegaram ketheeswaran with a 100% stake. Shankar Foods Limited is a established, small sized company, Pomanda has estimated its turnover at £4.2m with declining growth in recent years.

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Shankar Foods Limited Health Check

Pomanda's financial health check has awarded Shankar Foods Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £4.2m, make it smaller than the average company (£15.4m)

£4.2m - Shankar Foods Limited

£15.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (7.9%)

-4% - Shankar Foods Limited

7.9% - Industry AVG

production

Production

with a gross margin of 27.4%, this company has a comparable cost of product (27.4%)

27.4% - Shankar Foods Limited

27.4% - Industry AVG

profitability

Profitability

an operating margin of 23% make it more profitable than the average company (5%)

23% - Shankar Foods Limited

5% - Industry AVG

employees

Employees

with 16 employees, this is below the industry average (37)

16 - Shankar Foods Limited

37 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.2k, the company has an equivalent pay structure (£44.2k)

£44.2k - Shankar Foods Limited

£44.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £262.3k, this is less efficient (£371.8k)

£262.3k - Shankar Foods Limited

£371.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (50 days)

0 days - Shankar Foods Limited

50 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 112 days, this is slower than average (32 days)

112 days - Shankar Foods Limited

32 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 170 days, this is more than average (72 days)

170 days - Shankar Foods Limited

72 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 13 weeks, this is average cash available to meet short term requirements (16 weeks)

13 weeks - Shankar Foods Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 48.4%, this is a similar level of debt than the average (45.5%)

48.4% - Shankar Foods Limited

45.5% - Industry AVG

SHANKAR FOODS LIMITED financials

EXPORTms excel logo

Shankar Foods Limited's latest turnover from March 2024 is estimated at £4.2 million and the company has net assets of £1.8 million. According to their latest financial statements, Shankar Foods Limited has 16 employees and maintains cash reserves of £411.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover4,196,8524,235,8274,701,7734,751,8902,540,3372,197,8561,874,6901,485,6041,441,808332,642650,262357,878133,323126,04252,911
Other Income Or Grants
Cost Of Sales3,047,5693,070,9533,395,9393,468,4911,844,0911,610,6191,384,0161,079,6081,035,207240,275470,175256,72996,36890,54337,867
Gross Profit1,149,2821,164,8741,305,8341,283,399696,246587,237490,673405,996406,60092,368180,087101,14936,95535,49915,043
Admin Expenses184,932547,853943,114977,553424,136523,047454,026431,993431,82350,170208,657124,36055,78235,22110,085
Operating Profit964,350617,021362,720305,846272,11064,19036,647-25,997-25,22342,198-28,570-23,211-18,8272784,958
Interest Payable11,48439,82646,65937,36330,50033,75032,50031,25016,250
Interest Receivable12,1291,6241,01025217142422581488756611113
Pre-Tax Profit964,995578,820317,070268,736241,78130,8644,373-57,166-41,42542,285-28,514-23,205-18,8162894,961
Tax-241,249-109,976-60,243-51,060-45,938-5,864-831-8,880-81-1,389
Profit After Tax723,746468,844256,827217,676195,84325,0003,542-57,166-41,42533,405-28,514-23,205-18,8162083,572
Dividends Paid
Retained Profit723,746468,844256,827217,676195,84325,0003,542-57,166-41,42533,405-28,514-23,205-18,8162083,572
Employee Costs706,428670,038324,076335,672223,232182,643143,192140,195169,76265,89599,32465,16132,38031,81931,763
Number Of Employees16168965445232111
EBITDA*1,035,348625,706376,208306,481272,95565,31838,152-23,992-22,54943,263-27,150-21,317-16,3022784,958

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets274,72736,05340,4661,9042,5393,3844,5126,0178,0223,1964,2615,6817,575
Intangible Assets
Investments & Other
Debtors (Due After 1 year)12,936
Total Fixed Assets274,72736,05340,4661,90415,4753,3844,5126,0178,0223,1964,2615,6817,575
Stock & work in progress1,420,0001,350,000598,086606,7861,023,018325,953533,077578,989525,94682,450165,15393,40033,00042,00016,220
Trade Debtors10,088222,3451,095,551946,334113,727522,851289,4051,9373,9283,1793,8661,8541,948
Group Debtors
Misc Debtors1,297,408690,074451,607294,51110,92231,7521,9073,00711,568
Cash411,26150,78825,627243,601260,14082,27630,87859,2655,91213,39121,4161,1201,3243,2461,082
misc current assets1,2651,265
total current assets3,138,7572,313,2072,170,8712,091,2321,407,807962,832855,267642,526544,69197,778190,49797,69938,19047,10019,250
total assets3,413,4842,349,2602,211,3372,093,1361,423,282966,216859,779648,543552,713100,974194,758103,38045,76547,10019,250
Bank overdraft
Bank loan
Trade Creditors 943,266826,601664,590864,589678,176273,909364,151153,469124,078134,224258,007134,86748,58143,22015,578
Group/Directors Accounts120,410106,410106,435287,597119,724120,904
other short term finances
hp & lease commitments
other current liabilities625,997367,185201,79086,91746,1278,0094,2036,0113,310
total current liabilities1,569,2631,193,786986,7901,057,916830,738569,515488,078280,384127,388134,224258,007134,86748,58143,22015,578
loans84,584119,583657,500725,000500,000500,000500,000500,000500,000
hp & lease commitments
Accruals and Deferred Income
other liabilities3,4066,65412,120
provisions
total long term liabilities84,584119,583657,500725,000500,000500,000500,000500,000500,0003,4066,65412,120
total liabilities1,653,8471,313,3691,644,2901,782,9161,330,7381,069,515988,078780,384627,388134,224261,413141,52160,70143,22015,578
net assets1,759,6371,035,891567,047310,22092,544-103,299-128,299-131,841-74,675-33,250-66,655-38,141-14,9363,8803,672
total shareholders funds1,759,6371,035,891567,047310,22092,544-103,299-128,299-131,841-74,675-33,250-66,655-38,141-14,9363,8803,672
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit964,350617,021362,720305,846272,11064,19036,647-25,997-25,22342,198-28,570-23,211-18,8272784,958
Depreciation70,9988,68513,4886358451,1281,5052,0052,6741,0651,4201,8942,525
Amortisation
Tax-241,249-109,976-60,243-51,060-45,938-5,864-831-8,880-81-1,389
Stock70,000751,914-8,700-416,232697,065-207,124-45,91253,043443,496-82,70371,75360,400-9,00025,78016,220
Debtors395,077-634,739306,3131,103,260-417,018263,291288,305-8,5619,631-1,991749-6872,012-941,948
Creditors116,665162,011-199,999186,413404,267-90,242210,68229,391-10,146-123,783123,14086,2865,36127,64215,578
Accruals and Deferred Income258,812165,395114,87340,79038,1183,806-1,8082,7013,310
Deferred Taxes & Provisions
Cash flow from operations704,499725,961-66,774-204,404389,355-83,1493,802-36,382-482,512-4,70623,4885,256-3,9532,153979
Investing Activities
capital expenditure-309,672-4,272-52,050-7,500-10,100
Change in Investments
cash flow from investments-309,672-4,272-52,050-7,500-10,100
Financing Activities
Bank loans
Group/Directors Accounts-120,41014,000-25-181,162167,873-1,180120,904
Other Short Term Loans
Long term loans-34,999-537,917-67,500225,000500,000
Hire Purchase and Lease Commitments
other long term liabilities-3,406-3,248-5,46612,120
share issue100
interest645-38,202-45,649-37,111-30,329-33,326-32,275-31,169-16,2028756611113
cash flow from financing-34,354-696,529-99,149187,864-211,491134,547-33,45589,735483,798-3,319-3,192-5,46012,13111103
cash and cash equivalents
cash360,47325,161-217,974-16,539177,86451,398-28,38753,353-7,479-8,02520,296-204-1,9222,1641,082
overdraft
change in cash360,47325,161-217,974-16,539177,86451,398-28,38753,353-7,479-8,02520,296-204-1,9222,1641,082

shankar foods 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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Shankar Foods Limited Competitor Analysis

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Perform a competitor analysis for shankar foods 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 EN5 area or any other competitors across 12 key performance metrics.

shankar foods limited Ownership

SHANKAR FOODS LIMITED group structure

Shankar Foods Limited has no subsidiary companies.

Ultimate parent company

SHANKAR FOODS LIMITED

06519895

SHANKAR FOODS LIMITED Shareholders

santhirasegaram ketheeswaran 100%

shankar foods limited directors

Shankar Foods Limited currently has 1 director, Mr Santhirasegaram Ketheeswaran serving since Dec 2014.

officercountryagestartendrole
Mr Santhirasegaram KetheeswaranEngland50 years Dec 2014- Director

P&L

March 2024

turnover

4.2m

-1%

operating profit

964.4k

0%

gross margin

27.4%

-0.42%

turnover

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

Balance Sheet

March 2024

net assets

1.8m

+0.7%

total assets

3.4m

+0.45%

cash

411.3k

+7.1%

net assets

Total assets minus all liabilities

shankar foods limited company details

company number

06519895

Type

Private limited with Share Capital

industry

46900 - Non-specialised wholesale trade

incorporation date

March 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

shanker & co limited (May 2023)

accountant

BBK PARTNERSHIP

auditor

-

address

1 beauchamp court, 10 victors way, barnet, hertfordshire, EN5 5TZ

Bank

-

Legal Advisor

-

shankar foods 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 shankar foods limited.

shankar foods 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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shankar foods limited Companies House Filings - See Documents

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