Pomanda estimates the enterprise value of MED FOOD WHOLESALE LTD at £8m based on a Turnover of £13.3m and 0.61x industry multiple (adjusted for size and gross margin).
med food wholesale ltdEstimated Valuation
£2.3m
Pomanda estimates the enterprise value of MED FOOD WHOLESALE LTD at £2.3m based on an EBITDA of £462.1k and a 5x industry multiple (adjusted for size and gross margin).
med food wholesale ltdEstimated Valuation
£3.4m
Pomanda estimates the enterprise value of MED FOOD WHOLESALE LTD at £3.4m based on Net Assets of £1.3m and 2.54x industry multiple (adjusted for liquidity).
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Med Food Wholesale LtdOverview
Med Food Wholesale Ltd is a live company located in london, NW10 6PE with a Companies House number of 06833764. It operates in the other food services sector, SIC Code 56290. Founded in March 2009, it's largest shareholder is
hamed lotfi ghahrodi
with a 28.6% stake. Med Food Wholesale Ltd is a established,
mid sized company, Pomanda has estimated its turnover at
£13.3m with
high
growth in recent years.
Pomanda's financial health check has awarded Med Food Wholesale Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
3 Strong
7 Regular
2 Weak
Size
annual sales of £13.3m, make it larger than the average company (£3.8m)
£13.3m - Med Food Wholesale Ltd
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (10.8%)
19% - Med Food Wholesale Ltd
10.8% - Industry AVG
Production
with a gross margin of 26.7%, this company has a comparable cost of product (26.7%)
26.7% - Med Food Wholesale Ltd
26.7% - Industry AVG
Profitability
an operating margin of 3.1% make it as profitable than the average company (3%)
3.1% - Med Food Wholesale Ltd
3% - Industry AVG
Employees
with 35 employees, this is similar to the industry average (33)
35 - Med Food Wholesale Ltd
33 - Industry AVG
Pay Structure
on an average salary of £27.2k, the company has an equivalent pay structure (£27.2k)
£27.2k - Med Food Wholesale Ltd
£27.2k - Industry AVG
Efficiency
resulting in sales per employee of £378.9k, this is more efficient (£77.9k)
£378.9k - Med Food Wholesale Ltd
£77.9k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is near the average (30 days)
25 days - Med Food Wholesale Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is close to average (35 days)
33 days - Med Food Wholesale Ltd
35 days - Industry AVG
Stock Days
it holds stock equivalent to 81 days, this is more than average (13 days)
81 days - Med Food Wholesale Ltd
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is less cash available to meet short term requirements (19 weeks)
2 weeks - Med Food Wholesale Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.5%, this is a similar level of debt than the average (66.8%)
64.5% - Med Food Wholesale Ltd
66.8% - Industry AVG
MED FOOD WHOLESALE LTD financials
EXPORT
Med Food Wholesale Ltd's latest turnover from December 2023 is estimated at £13.3 million and the company has net assets of £1.3 million. According to their latest financial statements, Med Food Wholesale Ltd has 35 employees and maintains cash reserves of £100.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Mar 2010
Turnover
13,260,926
10,710,013
8,090,219
7,811,103
9,971,084
8,762,912
10,509,010
9,153,364
11,789,307
10,000,947
7,638,915
6,236,168
4,663,879
Other Income Or Grants
Cost Of Sales
9,721,899
7,816,470
6,021,222
5,795,751
7,254,590
6,303,791
7,457,888
6,717,412
9,093,315
7,362,594
5,731,552
4,601,812
3,204,222
Gross Profit
3,539,028
2,893,543
2,068,997
2,015,353
2,716,494
2,459,121
3,051,122
2,435,952
2,695,992
2,638,352
1,907,363
1,634,355
1,459,657
Admin Expenses
3,134,416
2,657,897
1,897,274
1,983,066
2,355,022
2,187,371
2,870,126
2,327,770
2,641,443
2,499,424
1,816,543
1,580,762
1,358,031
Operating Profit
404,612
235,646
171,723
32,287
361,472
271,750
180,996
108,182
54,549
138,928
90,820
53,593
101,626
Interest Payable
159,045
113,486
63,717
51,510
45,087
50,195
43,015
17,106
Interest Receivable
3,817
1,603
123
36
159
105
57
155
182
164
139
323
253
Pre-Tax Profit
249,384
123,763
108,130
-19,188
316,544
221,659
138,038
91,231
54,731
139,092
90,960
53,916
101,878
Tax
-62,346
-23,515
-20,545
-60,143
-42,115
-26,227
-18,246
-10,946
-29,209
-20,921
-12,940
-26,488
Profit After Tax
187,038
100,248
87,585
-19,188
256,401
179,544
111,811
72,985
43,785
109,883
70,039
40,976
75,390
Dividends Paid
Retained Profit
187,038
100,248
87,585
-19,188
256,401
179,544
111,811
72,985
43,785
109,883
70,039
40,976
75,390
Employee Costs
951,889
834,084
794,595
602,630
528,970
521,297
3,837,977
3,312,288
3,441,871
2,421,250
1,884,851
1,542,205
1,406,598
Number Of Employees
35
34
33
28
25
25
177
152
152
117
94
80
70
EBITDA*
462,145
298,412
237,526
103,241
426,396
341,498
265,270
163,769
54,549
193,935
111,440
71,340
114,257
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Mar 2010
Tangible Assets
234,033
256,465
246,523
182,992
164,899
166,881
224,717
143,787
396,475
252,700
169,044
55,740
37,895
Intangible Assets
8,874
18,831
28,788
38,745
48,702
58,659
61,571
53,822
61,480
66,953
70,500
500
500
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
242,907
275,296
275,311
221,737
213,601
225,540
286,288
197,609
457,955
319,653
239,544
56,240
38,395
Stock & work in progress
2,161,850
1,870,640
1,463,221
934,000
1,095,000
965,850
854,230
526,324
884,295
639,064
458,749
454,850
362,033
Trade Debtors
912,255
941,155
549,855
479,503
688,323
666,135
738,523
732,587
654,908
836,771
573,382
470,904
421,455
Group Debtors
261,668
424,468
547,717
1,150,940
712,512
644,236
630,270
600,882
Misc Debtors
55,370
68,366
63,487
68,054
118,635
137,780
239,670
87,512
Cash
100,598
44,824
46,794
51,817
19,375
22,999
18,838
27,031
34,871
38,097
27,573
28,146
101,011
misc current assets
52,552
total current assets
3,491,741
3,349,453
2,671,074
2,684,314
2,633,845
2,437,000
2,534,083
1,974,336
1,574,074
1,513,932
1,059,704
953,900
884,499
total assets
3,734,648
3,624,749
2,946,385
2,906,051
2,847,446
2,662,540
2,820,371
2,171,945
2,032,029
1,833,585
1,299,248
1,010,140
922,894
Bank overdraft
1,028,242
814,751
523,904
513,942
348,434
326,507
352,688
320,744
Bank loan
Trade Creditors
887,413
961,309
856,391
851,230
1,193,541
1,226,083
1,320,212
1,052,677
1,509,104
1,287,195
854,549
764,728
613,016
Group/Directors Accounts
other short term finances
hp & lease commitments
6,765
6,760
2,185
34,332
30,974
other current liabilities
70,252
99,875
59,143
53,721
38,224
27,718
10,437
41,473
total current liabilities
1,992,672
1,882,695
1,439,438
1,421,078
1,580,199
1,580,308
1,717,669
1,445,868
1,509,104
1,287,195
854,549
764,728
613,016
loans
401,681
582,792
467,736
533,347
293,141
367,819
497,447
205,589
hp & lease commitments
13,798
19,803
3,292
39,469
59,513
Accruals and Deferred Income
other liabilities
30,917
37,917
172,852
240,102
257,294
129,040
234,482
provisions
total long term liabilities
415,479
602,595
467,736
533,347
296,433
367,819
567,833
303,019
172,852
240,102
257,294
129,040
234,482
total liabilities
2,408,151
2,485,290
1,907,174
1,954,425
1,876,632
1,948,127
2,285,502
1,748,887
1,681,956
1,527,297
1,111,843
893,768
847,498
net assets
1,326,497
1,139,459
1,039,211
951,626
970,814
714,413
534,869
423,058
350,073
306,288
187,405
116,372
75,396
total shareholders funds
1,326,497
1,139,459
1,039,211
951,626
970,814
714,413
534,869
423,058
350,073
306,288
187,405
116,372
75,396
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Mar 2010
Operating Activities
Operating Profit
404,612
235,646
171,723
32,287
361,472
271,750
180,996
108,182
54,549
138,928
90,820
53,593
101,626
Depreciation
47,576
52,809
55,846
60,997
54,967
55,627
74,904
47,929
47,568
20,620
17,747
12,631
Amortisation
9,957
9,957
9,957
9,957
9,957
14,121
9,370
7,658
7,439
Tax
-62,346
-23,515
-20,545
-60,143
-42,115
-26,227
-18,246
-10,946
-29,209
-20,921
-12,940
-26,488
Stock
291,210
407,419
529,221
-161,000
129,150
111,620
327,906
-357,971
245,231
180,315
3,899
92,817
362,033
Debtors
-204,696
272,930
-537,438
179,027
71,319
-160,312
187,482
766,073
-181,863
263,389
102,478
49,449
421,455
Creditors
-73,896
104,918
5,161
-342,311
-32,542
-94,129
267,535
-456,427
221,909
432,646
89,821
151,712
613,016
Accruals and Deferred Income
-29,623
40,732
5,422
15,497
10,506
17,281
-31,036
41,473
Deferred Taxes & Provisions
Cash flow from operations
209,766
-259,802
235,781
-241,600
143,748
271,227
-39,846
-677,533
202,144
153,668
73,963
67,846
-82,703
Investing Activities
capital expenditure
-25,144
-62,751
-119,377
-79,090
-52,985
-9,000
-172,953
204,759
-138,302
-135,116
-203,924
-35,592
-51,026
Change in Investments
cash flow from investments
-25,144
-62,751
-119,377
-79,090
-52,985
-9,000
-172,953
204,759
-138,302
-135,116
-203,924
-35,592
-51,026
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-181,111
115,056
-65,611
240,206
-74,678
-129,628
291,858
205,589
Hire Purchase and Lease Commitments
-6,000
26,563
-2,185
-1,107
3,292
-73,801
-16,686
90,487
other long term liabilities
-30,917
-7,000
-134,935
-67,250
-17,192
128,254
-105,442
234,482
share issue
9,000
994
6
interest
-155,228
-111,883
-63,594
-51,474
-44,928
-50,090
-42,958
-16,951
182
164
139
323
253
cash flow from financing
-342,339
29,736
-131,390
187,625
-116,314
-284,436
225,214
144,190
-67,068
-8,028
129,387
-105,119
234,741
cash and cash equivalents
cash
55,774
-1,970
-5,023
32,442
-3,624
4,161
-8,193
-7,840
-3,226
10,524
-573
-72,865
101,011
overdraft
213,491
290,847
9,962
165,508
21,927
-26,181
31,944
320,744
change in cash
-157,717
-292,817
-14,985
-133,066
-25,551
30,342
-40,137
-328,584
-3,226
10,524
-573
-72,865
101,011
med food wholesale ltd 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 med food wholesale ltd. Get real-time insights into med food wholesale ltd's credit score, group structure and payment trends.
Perform a competitor analysis for med food wholesale ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in NW10 area or any other competitors across 12 key performance metrics.
The largest shareholders in Med Food Wholesale Ltd include Hamed Lotfi Ghahrodi and Ali Javanmardy.
hamed lotfi ghahrodi
28.6%
ali javanmardy
21.41%
hamideh lotfi ghahroudi
18.6%
amirhossein khosravani pajouh
16.62%
vali lotfi ghahrodi
14.77%
med food wholesale ltd directors
Med Food Wholesale Ltd currently has 2 directors.
The longest serving directors include
Mr Hamed Lotfi Ghahrodi (Mar 2009) and
Mr Ali Javanmardy (Nov 2012).
unit 4 royal london industrial e, 29-35 north acton road, london, NW10 6PE
Bank
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Legal Advisor
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med food wholesale ltd 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 4 charges/mortgages relating to med food wholesale ltd. Currently there are 2 open charges and 2 have been satisfied in the past.
med food wholesale ltd 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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med food wholesale ltdCompanies House Filings - See Documents
