hammond food oils limited

hammond food oils limited Company Information

Share HAMMOND FOOD OILS LIMITED
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EstablishedSmallDeclining

Company Number

07045646

Industry

Wholesale of dairy products, eggs and edible oils and fats

 

Shareholders

phoenix speciality oils limited

Group Structure

View All

Contact

Registered Address

new farm mansfield road, redhill, nottingham, nottinghamshire, NG5 8PB

hammond food oils limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of HAMMOND FOOD OILS LIMITED at £1.4m based on a Turnover of £3.9m and 0.37x industry multiple (adjusted for size and gross margin).

hammond food oils limited Estimated Valuation

£0

Pomanda estimates the enterprise value of HAMMOND FOOD OILS LIMITED at £0 based on an EBITDA of £-145.1k and a 4.34x industry multiple (adjusted for size and gross margin).

hammond food oils limited Estimated Valuation

£1m

Pomanda estimates the enterprise value of HAMMOND FOOD OILS LIMITED at £1m based on Net Assets of £503.4k and 2.01x industry multiple (adjusted for liquidity).

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Hammond Food Oils Limited Overview

Hammond Food Oils Limited is a live company located in nottingham, NG5 8PB with a Companies House number of 07045646. It operates in the wholesale of dairy products, eggs and edible oils and fats sector, SIC Code 46330. Founded in October 2009, it's largest shareholder is phoenix speciality oils limited with a 100% stake. Hammond Food Oils Limited is a established, small sized company, Pomanda has estimated its turnover at £3.9m with declining growth in recent years.

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Hammond Food Oils Limited Health Check

Pomanda's financial health check has awarded Hammond Food Oils Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

1 Strong

positive_score

5 Regular

positive_score

5 Weak

size

Size

annual sales of £3.9m, make it smaller than the average company (£36.1m)

£3.9m - Hammond Food Oils Limited

£36.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (15.7%)

-2% - Hammond Food Oils Limited

15.7% - Industry AVG

production

Production

with a gross margin of 14.6%, this company has a comparable cost of product (14.6%)

14.6% - Hammond Food Oils Limited

14.6% - Industry AVG

profitability

Profitability

an operating margin of -3.8% make it less profitable than the average company (3.4%)

-3.8% - Hammond Food Oils Limited

3.4% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (54)

5 - Hammond Food Oils Limited

54 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.7k, the company has an equivalent pay structure (£38.7k)

£38.7k - Hammond Food Oils Limited

£38.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £771.8k, this is equally as efficient (£879.4k)

£771.8k - Hammond Food Oils Limited

£879.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 49 days, this is later than average (40 days)

49 days - Hammond Food Oils Limited

40 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 34 days, this is close to average (34 days)

34 days - Hammond Food Oils Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Hammond Food Oils Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 9 weeks, this is average cash available to meet short term requirements (9 weeks)

9 weeks - Hammond Food Oils Limited

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 38.8%, this is a lower level of debt than the average (63.8%)

38.8% - Hammond Food Oils Limited

63.8% - Industry AVG

HAMMOND FOOD OILS LIMITED financials

EXPORTms excel logo

Hammond Food Oils Limited's latest turnover from March 2024 is estimated at £3.9 million and the company has net assets of £503.4 thousand. According to their latest financial statements, we estimate that Hammond Food Oils Limited has 5 employees and maintains cash reserves of £56.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Feb 2023Feb 2022Feb 2021Feb 2020Mar 2019Mar 2018Feb 2017Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010
Turnover3,858,8433,962,1073,627,7374,130,5983,840,4973,716,3273,850,1194,841,4974,921,5733,226,8402,545,536819,319505,5761,291,648
Other Income Or Grants00000000000000
Cost Of Sales3,294,7143,504,3623,151,4833,545,8423,299,3853,164,1083,146,0103,933,3884,062,4932,650,7022,072,083502,174334,9681,080,496
Gross Profit564,129457,746476,254584,756541,112552,219704,109908,109859,080576,138473,453317,145170,608211,152
Admin Expenses709,247367,575424,281523,518474,441506,529708,266408,789688,006429,021388,745220,619202,676238,909
Operating Profit-145,11890,17151,97361,23866,67145,690-4,157499,320171,074147,11784,70896,526-32,068-27,757
Interest Payable00002,8996,9148824001,8542,5470
Interest Receivable3,4171,976155240012401511917100175
Pre-Tax Profit-141,70192,14752,12861,26363,77238,776-4,042499,313171,200147,30884,77994,672-34,615-27,582
Tax0-17,508-9,904-11,640-11,745-7,6980-99,862-34,240-30,935-19,499-8,03300
Profit After Tax-141,70174,63942,22449,62352,02731,078-4,042399,450136,960116,37365,28086,639-34,615-27,582
Dividends Paid00000000000000
Retained Profit-141,70174,63942,22449,62352,02731,078-4,042399,450136,960116,37365,28086,639-34,615-27,582
Employee Costs193,721155,671141,813206,451243,349137,379143,527196,212300,412204,818152,00060,93760,090119,515
Number Of Employees544674571075224
EBITDA*-145,11891,67056,63265,42072,01854,31413,056522,822178,466152,73790,269101,214-29,672-25,488

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Feb 2023Feb 2022Feb 2021Feb 2020Mar 2019Mar 2018Feb 2017Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010
Tangible Assets03011,6016,26010,4422,85120,14625,63213,49110,3845,0556,4011,3341,730
Intangible Assets0000003,00014,00020,00024,00028,00032,00036,00018,000
Investments & Other01111111111100
Debtors (Due After 1 year)0000000111,750118,50000000
Total Fixed Assets03021,6026,26110,4432,85223,147151,383151,99234,38533,05638,40237,33419,730
Stock & work in progress0634,067636,392599,151451,866426,801426,602467,994254,467197,576135,661110,65495,24242,873
Trade Debtors518,836416,730353,326330,303397,374475,131536,653566,775543,033301,010237,172199,801146,93676,291
Group Debtors246,443312031,0403050123,549424,537000000
Misc Debtors036,06632,02540,48439,63487,61382,719216,40781,6390029,94623,9950
Cash56,79973,38125,39536,68912,29410,41249,21324985959,34116,89711,4773,15470,069
misc current assets00000000000000
total current assets822,0781,160,5561,047,1381,037,667901,473999,9571,218,7361,675,962879,998557,927389,730351,878269,327189,233
total assets822,0781,160,8581,048,7401,043,928911,9161,002,8091,241,8831,827,3451,031,990592,312422,786390,280306,661208,963
Bank overdraft000000025474900000
Bank loan00000000000000
Trade Creditors 312,245174,658180,035213,851265,199317,438286,636503,328536,256383,877331,801364,613232,281233,945
Group/Directors Accounts0286,068239,814210,89551,11451,016173,069426,064000018,8872,500
other short term finances00000000000000
hp & lease commitments0000005,0798,706000000
other current liabilities6,43555,03358,43190,377115,762207,769381,146483,586149,590000117,5900
total current liabilities318,680515,759478,280515,123432,075576,223845,9301,421,938686,595383,877331,801364,613368,758236,445
loans00000000000000
hp & lease commitments00000005,079000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions0005691,22804457782,2402,2401,1631,12500
total long term liabilities0005691,22804455,8572,2402,2401,1631,12500
total liabilities318,680515,759478,280515,692433,303576,223846,3751,427,795688,835386,117332,964365,738368,758236,445
net assets503,398645,099570,460528,236478,613426,586395,508399,550343,155206,19589,82224,542-62,097-27,482
total shareholders funds503,398645,099570,460528,236478,613426,586395,508399,550343,155206,19589,82224,542-62,097-27,482
Mar 2024Feb 2023Feb 2022Feb 2021Feb 2020Mar 2019Mar 2018Feb 2017Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010
Operating Activities
Operating Profit-145,11890,17151,97361,23866,67145,690-4,157499,320171,074147,11784,70896,526-32,068-27,757
Depreciation01,4994,6594,1825,3475,6246,21317,5023,3921,6201,561688396266
Amortisation000003,00011,0006,0004,0004,0004,0004,0002,0002,003
Tax0-17,508-9,904-11,640-11,745-7,6980-99,862-34,240-30,935-19,499-8,03300
Stock-634,067-2,32537,241147,28525,065199-41,392467,99456,89161,91525,00715,41252,36942,873
Debtors312,17167,757-16,476-35,486-125,431-180,177-576,5481,319,469442,16263,8387,42558,81694,64076,291
Creditors137,587-5,377-33,816-51,348-52,23930,802-216,692503,328152,37952,076-32,812132,332-1,664233,945
Accruals and Deferred Income-48,598-3,398-31,946-25,385-92,007-173,377-102,440483,586149,59000-117,590117,5900
Deferred Taxes & Provisions00-569-6591,228-445-33377801,077381,12500
Cash flow from operations265,767-45-40,368-135,41117,62183,574311,531-376,811-52,85849,2025,56434,820-60,75589,293
Investing Activities
capital expenditure301-19900-12,93811,671-727-63,134-6,499-6,949-215-5,755-20,000-21,999
Change in Investments-10000001000100
cash flow from investments302-19900-12,93811,671-727-63,135-6,499-6,949-215-5,756-20,000-21,999
Financing Activities
Bank loans00000000000000
Group/Directors Accounts-286,06846,25428,919159,78198-122,053-252,995426,064000-18,88716,3872,500
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000-5,079-8,70613,785000000
other long term liabilities00000000000000
share issue000000010000000100
interest3,4171,97615524-2,899-6,914116-812719171-1,854-2,547175
cash flow from financing-282,65148,23029,074159,805-2,801-134,046-261,585439,94112719171-20,74113,8402,775
cash and cash equivalents
cash-16,58247,986-11,29424,3951,882-38,80148,964249-58,48242,4445,4208,323-66,91570,069
overdraft000000-25425474900000
change in cash-16,58247,986-11,29424,3951,882-38,80149,218-5-59,23142,4445,4208,323-66,91570,069

hammond food oils 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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Hammond Food Oils Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for hammond food oils 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 NG5 area or any other competitors across 12 key performance metrics.

hammond food oils limited Ownership

HAMMOND FOOD OILS LIMITED group structure

Hammond Food Oils Limited has no subsidiary companies.

Ultimate parent company

2 parents

HAMMOND FOOD OILS LIMITED

07045646

HAMMOND FOOD OILS LIMITED Shareholders

phoenix speciality oils limited 100%

hammond food oils limited directors

Hammond Food Oils Limited currently has 3 directors. The longest serving directors include Mr Jonathan Hammond (Nov 2009) and Mr Timothy Bradshaw (Jan 2011).

officercountryagestartendrole
Mr Jonathan HammondEngland53 years Nov 2009- Director
Mr Timothy BradshawEngland65 years Jan 2011- Director
Mr Andrew Hammond51 years Nov 2017- Director

P&L

March 2024

turnover

3.9m

-3%

operating profit

-145.1k

0%

gross margin

14.7%

+26.54%

turnover

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

Balance Sheet

March 2024

net assets

503.4k

-0.22%

total assets

822.1k

-0.29%

cash

56.8k

-0.23%

net assets

Total assets minus all liabilities

hammond food oils limited company details

company number

07045646

Type

Private limited with Share Capital

industry

46330 - Wholesale of dairy products, eggs and edible oils and fats

incorporation date

October 2009

age

15

incorporated

UK

ultimate parent company

accounts

Small Company

last accounts submitted

March 2024

previous names

wilchap 565 limited (November 2009)

accountant

WRIGHT VIGAR LTD

auditor

-

address

new farm mansfield road, redhill, nottingham, nottinghamshire, NG5 8PB

Bank

-

Legal Advisor

-

hammond food oils 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 hammond food oils limited.

charges

hammond food oils limited Companies House Filings - See Documents

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