moguntia food limited Company Information
Company Number
07077336
Website
www.sherriffsfoods.co.ukRegistered Address
great bowden road, market harborough, leicestershire, LE16 7DE
Industry
Non-specialised wholesale of food, beverages and tobacco
Telephone
01858438000
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
moguntia schweiz ag 100%
moguntia food limited Estimated Valuation
Pomanda estimates the enterprise value of MOGUNTIA FOOD LIMITED at £7.1m based on a Turnover of £22.3m and 0.32x industry multiple (adjusted for size and gross margin).
moguntia food limited Estimated Valuation
Pomanda estimates the enterprise value of MOGUNTIA FOOD LIMITED at £0 based on an EBITDA of £-1.2m and a 4.77x industry multiple (adjusted for size and gross margin).
moguntia food limited Estimated Valuation
Pomanda estimates the enterprise value of MOGUNTIA FOOD LIMITED at £8.3m based on Net Assets of £3.9m and 2.14x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Moguntia Food Limited Overview
Moguntia Food Limited is a live company located in leicestershire, LE16 7DE with a Companies House number of 07077336. It operates in the non-specialised wholesale of food, beverages and tobacco sector, SIC Code 46390. Founded in November 2009, it's largest shareholder is moguntia schweiz ag with a 100% stake. Moguntia Food Limited is a established, large sized company, Pomanda has estimated its turnover at £22.3m with declining growth in recent years.
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Moguntia Food Limited Health Check
Pomanda's financial health check has awarded Moguntia Food Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
2 Strong
![positive_score](/assets/images/scoreRate1.png)
3 Regular
![positive_score](/assets/images/scoreRate0.png)
7 Weak
![size](/assets/images/scoreRate0.png)
Size
annual sales of £22.3m, make it smaller than the average company (£27.8m)
£22.3m - Moguntia Food Limited
£27.8m - Industry AVG
![growth](/assets/images/scoreRate0.png)
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (4.6%)
-12% - Moguntia Food Limited
4.6% - Industry AVG
![production](/assets/images/scoreRate1.png)
Production
with a gross margin of 16.9%, this company has a comparable cost of product (19.4%)
16.9% - Moguntia Food Limited
19.4% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of -5.9% make it less profitable than the average company (3.3%)
-5.9% - Moguntia Food Limited
3.3% - Industry AVG
![employees](/assets/images/scoreRate1.png)
Employees
with 68 employees, this is similar to the industry average (66)
68 - Moguntia Food Limited
66 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £33.4k, the company has an equivalent pay structure (£35.4k)
£33.4k - Moguntia Food Limited
£35.4k - Industry AVG
![efficiency](/assets/images/scoreRate0.png)
Efficiency
resulting in sales per employee of £327.3k, this is less efficient (£397.4k)
£327.3k - Moguntia Food Limited
£397.4k - Industry AVG
![debtordays](/assets/images/scoreRate0.png)
Debtor Days
it gets paid by customers after 59 days, this is later than average (41 days)
59 days - Moguntia Food Limited
41 days - Industry AVG
![creditordays](/assets/images/scoreRate2.png)
Creditor Days
its suppliers are paid after 62 days, this is slower than average (38 days)
62 days - Moguntia Food Limited
38 days - Industry AVG
![stockdays](/assets/images/scoreRate0.png)
Stock Days
it holds stock equivalent to 60 days, this is more than average (36 days)
60 days - Moguntia Food Limited
36 days - Industry AVG
![cashbalance](/assets/images/scoreRate0.png)
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Moguntia Food Limited
8 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate2.png)
Debt Level
it has a ratio of liabilities to total assets of 48.5%, this is a lower level of debt than the average (59.7%)
48.5% - Moguntia Food Limited
59.7% - Industry AVG
MOGUNTIA FOOD LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Moguntia Food Limited's latest turnover from December 2022 is £22.3 million and the company has net assets of £3.9 million. According to their latest financial statements, Moguntia Food Limited has 68 employees and maintains cash reserves of £63.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 22,255,673 | 23,574,538 | 27,919,690 | 32,754,845 | 20,543,180 | 18,463,286 | 11,337,608 | 10,334,119 | |||||
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Cost Of Sales | 18,503,615 | 19,575,285 | 23,925,032 | 27,858,950 | 17,544,026 | 15,505,281 | 9,658,803 | 8,857,512 | |||||
Gross Profit | 3,752,058 | 3,999,253 | 3,994,658 | 4,895,895 | 2,999,154 | 2,958,005 | 1,678,805 | 1,476,607 | |||||
Admin Expenses | 5,061,699 | 4,004,731 | 4,164,707 | -945,557 | 3,297,778 | 2,663,937 | 1,403,393 | 1,025,429 | |||||
Operating Profit | -1,309,641 | -5,478 | -170,049 | 5,841,452 | -298,624 | 294,068 | 275,412 | 451,178 | |||||
Interest Payable | 1,055 | 0 | 0 | 335,064 | 58,052 | 52,485 | 83,317 | 65,122 | |||||
Interest Receivable | 45,482 | 85,533 | 33,795 | 231 | 0 | 0 | 0 | 0 | |||||
Pre-Tax Profit | -1,265,214 | 80,055 | -317,390 | 5,506,619 | -356,676 | 3,055,846 | 192,095 | 386,056 | |||||
Tax | -233,700 | -141,708 | 168,743 | 297,010 | 33,321 | -47,310 | -62,694 | -80,019 | |||||
Profit After Tax | -1,498,914 | -61,653 | -148,647 | 5,803,629 | -323,355 | 3,008,536 | 129,401 | 306,037 | |||||
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Retained Profit | -1,498,914 | -61,653 | -148,647 | 5,803,629 | -323,355 | 3,008,536 | 129,401 | 306,037 | |||||
Employee Costs | 2,271,278 | 2,150,304 | 2,266,844 | 2,691,866 | 837,704 | 762,751 | 574,950 | 409,026 | |||||
Number Of Employees | 68 | 66 | 74 | 83 | 19 | 16 | 14 | 12 | 9 | ||||
EBITDA* | -1,196,788 | 157,310 | 45,867 | 6,052,903 | -265,797 | 323,422 | 292,671 | 463,683 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 169,766 | 170,752 | 335,592 | 504,524 | 33,836 | 80,032 | 68,555 | 22,389 | 19,610 | 5,562 | 4,217 | 5,026 | 8,225 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 2,134 | 11,023 | 19,842 | 27,551 | 36,383 | 49,502 | 55,502 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 62,482 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 800,000 | 2,509,606 | 480,354 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 169,766 | 970,752 | 2,845,198 | 984,878 | 33,836 | 80,032 | 70,689 | 33,412 | 101,934 | 33,113 | 40,600 | 54,528 | 63,727 |
Stock & work in progress | 3,042,424 | 1,629,059 | 2,441,500 | 4,065,303 | 1,631,933 | 2,755,828 | 1,263,833 | 1,195,486 | 907,698 | 957,569 | 419,198 | 226,136 | 149,958 |
Trade Debtors | 3,648,632 | 3,801,199 | 5,644,387 | 9,311,681 | 5,307,482 | 4,790,363 | 2,596,775 | 1,518,525 | 1,403,533 | 1,472,125 | 527,191 | 336,180 | 283,336 |
Group Debtors | 283,862 | 1,063,034 | 87,628 | 436,547 | 6,508,401 | 2,963 | 5,045 | 0 | 17,511 | 0 | 0 | 0 | 0 |
Misc Debtors | 301,446 | 905,756 | 1,143,288 | 549,710 | 129,241 | 344,262 | 106,734 | 378,399 | 438,690 | 61,132 | 0 | 0 | 1,000 |
Cash | 63,673 | 2,938 | 3,690 | 3,707 | 1,596 | 30,729 | 35,288 | 196,644 | 97,959 | 117,683 | 8,524 | 17,751 | 17,935 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 7,340,037 | 7,401,986 | 9,320,493 | 14,366,948 | 13,578,653 | 7,924,145 | 4,007,675 | 3,289,054 | 2,865,391 | 2,608,509 | 954,913 | 580,067 | 452,229 |
total assets | 7,509,803 | 8,372,738 | 12,165,691 | 15,351,826 | 13,612,489 | 8,004,177 | 4,078,364 | 3,322,466 | 2,967,325 | 2,641,622 | 995,513 | 634,595 | 515,956 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 3,164,350 | 2,407,052 | 3,223,950 | 5,607,231 | 3,597,089 | 3,478,608 | 1,885,357 | 1,144,121 | 1,364,541 | 3,025,260 | 680,873 | 611,944 | 744,180 |
Group/Directors Accounts | 220,744 | 271,666 | 101,557 | 70,529 | 7,105,011 | 1,306,383 | 497,978 | 190,733 | 24,738 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 6,884 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 226,757 | 327,723 | 412,234 | 627,917 | 135,987 | 116,681 | 63,314 | 58,846 | 450,867 | 0 | 324,422 | 189,377 | 0 |
total current liabilities | 3,618,735 | 3,006,441 | 3,737,741 | 6,305,677 | 10,838,087 | 4,901,672 | 2,446,649 | 1,393,700 | 1,840,146 | 3,025,260 | 1,005,295 | 801,321 | 744,180 |
loans | 0 | 0 | 0 | 469,552 | 0 | 0 | 1,543,928 | 1,876,754 | 1,204,780 | 0 | 0 | 0 | 0 |
hp & lease commitments | 23,685 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 398,382 | 120,000 | 0 |
provisions | 0 | 0 | 0 | 0 | 1,434 | 6,182 | 0 | 212 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 23,685 | 0 | 0 | 469,552 | 1,434 | 6,182 | 1,543,928 | 1,876,966 | 1,204,780 | 0 | 398,382 | 120,000 | 0 |
total liabilities | 3,642,420 | 3,006,441 | 3,737,741 | 6,775,229 | 10,839,521 | 4,907,854 | 3,990,577 | 3,270,666 | 3,044,926 | 3,025,260 | 1,403,677 | 921,321 | 744,180 |
net assets | 3,867,383 | 5,366,297 | 8,427,950 | 8,576,597 | 2,772,968 | 3,096,323 | 87,787 | 51,800 | -77,601 | -383,638 | -408,164 | -286,726 | -228,224 |
total shareholders funds | 3,867,383 | 5,366,297 | 8,427,950 | 8,576,597 | 2,772,968 | 3,096,323 | 87,787 | 51,800 | -77,601 | -383,638 | -408,164 | -286,726 | -228,224 |
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||
Operating Profit | -1,309,641 | -5,478 | -170,049 | 5,841,452 | -298,624 | 294,068 | 275,412 | 451,178 | |||||
Depreciation | 112,853 | 162,788 | 215,916 | 211,451 | 32,827 | 27,220 | 14,629 | 8,441 | 4,796 | 4,210 | 2,653 | 4,004 | 2,592 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 2,134 | 8,890 | 8,818 | 7,709 | 8,832 | 41,370 | 6,000 | 45,000 |
Tax | -233,700 | -141,708 | 168,743 | 297,010 | 33,321 | -47,310 | -62,694 | -80,019 | |||||
Stock | 1,413,365 | -812,441 | -1,623,803 | 2,433,370 | -1,123,895 | 1,491,995 | 68,347 | 287,788 | -49,871 | 538,371 | 193,062 | 76,178 | 149,958 |
Debtors | -2,336,049 | -2,814,920 | -1,393,383 | -1,166,832 | 6,807,536 | 2,429,034 | 811,630 | 37,190 | 326,477 | 1,006,066 | 191,011 | 51,844 | 284,336 |
Creditors | 757,298 | -816,898 | -2,383,281 | 2,010,142 | 118,481 | 1,593,251 | 741,236 | -220,420 | -1,660,719 | 2,344,387 | 68,929 | -132,236 | 744,180 |
Accruals and Deferred Income | -100,966 | -84,511 | -215,683 | 491,930 | 19,306 | 53,367 | 4,468 | -392,021 | 450,867 | -324,422 | 135,045 | 189,377 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | -1,434 | -4,748 | 6,182 | -212 | 212 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 148,528 | 2,741,554 | 632,832 | 7,584,013 | -5,783,078 | -1,992,117 | -707,230 | -1,102,794 | |||||
Investing Activities | |||||||||||||
capital expenditure | |||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -62,482 | 62,482 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||
Financing Activities | |||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -50,922 | 170,109 | 31,028 | -7,034,482 | 5,798,628 | 808,405 | 307,245 | 165,995 | 24,738 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | -469,552 | 469,552 | 0 | -1,543,928 | -332,826 | 671,974 | 1,204,780 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 30,569 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -398,382 | 278,382 | 120,000 | 0 |
share issue | |||||||||||||
interest | 44,427 | 85,533 | 33,795 | -334,833 | -58,052 | -52,485 | -83,317 | -65,122 | |||||
cash flow from financing | 24,074 | -2,744,358 | -404,729 | -6,899,763 | 5,740,576 | -788,008 | 754,652 | 1,164,396 | |||||
cash and cash equivalents | |||||||||||||
cash | 60,735 | -752 | -17 | 2,111 | -29,133 | -4,559 | -161,356 | 98,685 | -19,724 | 109,159 | -9,227 | -184 | 17,935 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 60,735 | -752 | -17 | 2,111 | -29,133 | -4,559 | -161,356 | 98,685 | -19,724 | 109,159 | -9,227 | -184 | 17,935 |
moguntia food limited Credit Report and Business Information
Moguntia Food Limited Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for moguntia food limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in LE16 area or any other competitors across 12 key performance metrics.
moguntia food limited Ownership
MOGUNTIA FOOD LIMITED group structure
Moguntia Food Limited has no subsidiary companies.
Ultimate parent company
MOGUNTIA SCHWEIZ AG
#0148627
1 parent
MOGUNTIA FOOD LIMITED
07077336
moguntia food limited directors
Moguntia Food Limited currently has 3 directors. The longest serving directors include Mr Paul Yeates (Mar 2011) and Mr Simon Jones (Nov 2017).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Paul Yeates | England | 66 years | Mar 2011 | - | Director |
Mr Simon Jones | United Kingdom | 45 years | Nov 2017 | - | Director |
Ms Judith Harris | United Kingdom | 57 years | Jul 2022 | - | Director |
P&L
December 2022turnover
22.3m
-6%
operating profit
-1.3m
+23807%
gross margin
16.9%
-0.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
3.9m
-0.28%
total assets
7.5m
-0.1%
cash
63.7k
+20.67%
net assets
Total assets minus all liabilities
moguntia food limited company details
company number
07077336
Type
Private limited with Share Capital
industry
46390 - Non-specialised wholesale of food, beverages and tobacco
incorporation date
November 2009
age
15
accounts
Full Accounts
ultimate parent company
previous names
sherriffs foods limited (July 2022)
sherriffs limited (April 2010)
incorporated
UK
address
great bowden road, market harborough, leicestershire, LE16 7DE
last accounts submitted
December 2022
moguntia food 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 moguntia food limited. Currently there are 1 open charges and 1 have been satisfied in the past.
![charges](/assets/images/company_charges.png)
moguntia food limited Companies House Filings - See Documents
date | description | view/download |
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