cerelia uk ltd
cerelia uk ltd Company Information
Company Number
07412477
Next Accounts
Mar 2025
Directors
Shareholders
cerelia netherlands b.v.
cerelia netherlands b.v
Group Structure
View All
Industry
Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes
+2Registered Address
bakeaway centrix business park, furnace way, corby, NN17 5BE
Website
www.vantagehouse.orgcerelia uk ltd Estimated Valuation
Pomanda estimates the enterprise value of CERELIA UK LTD at £119.8m based on a Turnover of £101m and 1.19x industry multiple (adjusted for size and gross margin).
cerelia uk ltd Estimated Valuation
Pomanda estimates the enterprise value of CERELIA UK LTD at £25m based on an EBITDA of £3.1m and a 8.17x industry multiple (adjusted for size and gross margin).
cerelia uk ltd Estimated Valuation
Pomanda estimates the enterprise value of CERELIA UK LTD at £3.3m based on Net Assets of £1.6m and 2.11x industry multiple (adjusted for liquidity).
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Cerelia Uk Ltd Overview
Cerelia Uk Ltd is a live company located in corby, NN17 5BE with a Companies House number of 07412477. It operates in the manufacture of bread sector, SIC Code 10710. Founded in October 2010, it's largest shareholder is cerelia netherlands b.v. with a 66.7% stake. Cerelia Uk Ltd is a established, mega sized company, Pomanda has estimated its turnover at £101m with rapid growth in recent years.
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Cerelia Uk Ltd Health Check
Pomanda's financial health check has awarded Cerelia Uk Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £101m, make it larger than the average company (£19.3m)
£101m - Cerelia Uk Ltd
£19.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (5.6%)
37% - Cerelia Uk Ltd
5.6% - Industry AVG
Production
with a gross margin of 25.9%, this company has a comparable cost of product (23.9%)
25.9% - Cerelia Uk Ltd
23.9% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (1.2%)
0.7% - Cerelia Uk Ltd
1.2% - Industry AVG
Employees
with 150 employees, this is similar to the industry average (164)
150 - Cerelia Uk Ltd
164 - Industry AVG
Pay Structure
on an average salary of £39.9k, the company has a higher pay structure (£31.7k)
£39.9k - Cerelia Uk Ltd
£31.7k - Industry AVG
Efficiency
resulting in sales per employee of £673.5k, this is more efficient (£136.7k)
£673.5k - Cerelia Uk Ltd
£136.7k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is near the average (49 days)
43 days - Cerelia Uk Ltd
49 days - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is quicker than average (47 days)
29 days - Cerelia Uk Ltd
47 days - Industry AVG
Stock Days
it holds stock equivalent to 23 days, this is less than average (40 days)
23 days - Cerelia Uk Ltd
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (7 weeks)
4 weeks - Cerelia Uk Ltd
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.8%, this is a higher level of debt than the average (57.2%)
97.8% - Cerelia Uk Ltd
57.2% - Industry AVG
CERELIA UK LTD financials
Cerelia Uk Ltd's latest turnover from June 2023 is £101 million and the company has net assets of £1.6 million. According to their latest financial statements, Cerelia Uk Ltd has 150 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 101,025,208 | 60,618,119 | 47,761,940 | 39,699,857 | 17,185,103 | 12,085,216 | 1,689,860 | 327,355 | |||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | 74,851,951 | 45,635,044 | 36,882,803 | 29,243,950 | 11,370,452 | 8,621,534 | 1,190,445 | 249,460 | |||||
| Gross Profit | 26,173,257 | 14,983,075 | 10,879,137 | 10,455,907 | 5,814,651 | 3,463,682 | 499,415 | 77,895 | |||||
| Admin Expenses | 25,440,155 | 14,056,933 | 10,243,344 | 9,504,799 | 6,499,259 | 4,475,092 | 537,408 | 105,396 | |||||
| Operating Profit | 733,102 | 926,142 | 635,793 | 951,108 | -684,608 | -1,011,410 | -37,993 | -27,501 | |||||
| Interest Payable | 2,645,833 | 1,691,595 | 1,056,004 | 921,347 | 362,287 | 222,964 | 1,451 | ||||||
| Interest Receivable | 357,944 | 418,775 | 143,537 | 396 | |||||||||
| Pre-Tax Profit | -1,554,787 | -346,678 | -276,674 | 29,761 | 322,321 | -1,233,978 | -39,444 | -27,501 | |||||
| Tax | 169,593 | 21,637 | -50,816 | 26,287 | 69,508 | 870 | 530 | ||||||
| Profit After Tax | -1,554,787 | -177,085 | -255,037 | -21,055 | 348,608 | -1,164,470 | -38,574 | -26,971 | |||||
| Dividends Paid | |||||||||||||
| Retained Profit | -1,554,787 | -177,085 | -255,037 | -21,055 | 348,608 | -1,164,470 | -38,574 | -26,971 | |||||
| Employee Costs | 5,978,445 | 4,927,917 | 4,417,325 | 3,130,865 | 2,700,789 | 2,229,905 | |||||||
| Number Of Employees | 150 | 147 | 155 | 106 | 91 | 68 | |||||||
| EBITDA* | 3,057,615 | 3,303,704 | 2,247,829 | 1,838,495 | -46,189 | -550,648 | -34,769 | -24,827 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 29,291,993 | 30,730,557 | 32,085,058 | 27,302,325 | 10,354,880 | 5,711,907 | 1,456,462 | 353,201 | 248,395 | 4,349 | 5,848 | 13,741 | 12,635 |
| Intangible Assets | 20,859,420 | 22,785,686 | 875,758 | 593,150 | 420,000 | 480,000 | 540,000 | ||||||
| Investments & Other | |||||||||||||
| Debtors (Due After 1 year) | 917,058 | 559,114 | |||||||||||
| Total Fixed Assets | 51,068,471 | 54,075,357 | 32,960,816 | 27,895,475 | 10,774,880 | 6,191,907 | 1,996,462 | 353,201 | 248,395 | 4,349 | 5,848 | 13,741 | 12,635 |
| Stock & work in progress | 4,767,643 | 5,041,854 | 3,095,516 | 1,985,050 | 864,805 | 705,989 | 414,697 | 342,747 | 327,315 | 83,914 | 62,531 | 103,936 | 46,213 |
| Trade Debtors | 12,164,640 | 12,767,595 | 5,866,435 | 6,620,756 | 3,169,169 | 1,575,944 | 1,232,801 | 752,913 | 400,082 | 17,150 | 4,303 | 24,165 | |
| Group Debtors | 24,530 | 382,857 | 233,501 | 271,639 | |||||||||
| Misc Debtors | 655,006 | 5,036,602 | 653,485 | 550,278 | 450,726 | 190,307 | 415,637 | 133,935 | 394,204 | 15,014 | |||
| Cash | 1,805,481 | 408,038 | 638,576 | 1,324,493 | 1,006,002 | 167,130 | 97,486 | 84,596 | 235,955 | 20,409 | 46,277 | 65,045 | 36,045 |
| misc current assets | |||||||||||||
| total current assets | 19,417,300 | 23,636,946 | 10,487,513 | 10,752,216 | 5,490,702 | 2,639,370 | 2,160,621 | 1,314,191 | 1,357,556 | 119,337 | 125,958 | 173,284 | 106,423 |
| total assets | 70,485,771 | 77,712,303 | 43,448,329 | 38,647,691 | 16,265,582 | 8,831,277 | 4,157,083 | 1,667,392 | 1,605,951 | 123,686 | 131,806 | 187,025 | 119,058 |
| Bank overdraft | |||||||||||||
| Bank loan | 1,250,000 | 1,250,000 | 1,250,000 | 150,000 | 150,000 | 150,000 | |||||||
| Trade Creditors | 5,976,618 | 9,450,388 | 2,352,374 | 4,739,857 | 909,971 | 994,795 | 611,253 | 273,017 | 159,708 | 4,868 | 47,980 | 174,220 | 126,179 |
| Group/Directors Accounts | 2,339,558 | 1,905,416 | 295,933 | 67,634 | 1,495,666 | 6,062,377 | 1,999,240 | 49,741 | |||||
| other short term finances | 5,434,860 | 5,431,861 | 4,339,920 | 3,124,792 | 79,875 | ||||||||
| hp & lease commitments | 23,387 | 103,017 | 98,017 | 35,467 | |||||||||
| other current liabilities | 6,121,393 | 626,281 | 901,979 | 751,460 | 240,013 | 179,394 | 169,753 | 450,943 | 487,490 | 12,752 | |||
| total current liabilities | 21,122,429 | 18,663,946 | 9,140,206 | 8,833,743 | 2,795,650 | 7,409,953 | 2,883,263 | 901,852 | 682,665 | 67,361 | 47,980 | 174,220 | 126,179 |
| loans | 47,776,172 | 57,481,602 | 33,415,131 | 29,162,892 | 12,950,000 | 2,250,000 | 850,000 | ||||||
| hp & lease commitments | 18,518 | 122,698 | 106,406 | ||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | 500,000 | ||||||||||||
| provisions | 149,152 | 152,179 | 69,508 | 63,576 | 870 | 1,400 | 2,500 | 2,500 | |||||
| total long term liabilities | 47,776,172 | 57,481,602 | 33,564,283 | 29,315,071 | 12,950,000 | 2,250,000 | 938,026 | 186,274 | 606,406 | 870 | 1,400 | 2,500 | 2,500 |
| total liabilities | 68,898,601 | 76,145,548 | 42,704,489 | 38,148,814 | 15,745,650 | 9,659,953 | 3,821,289 | 1,088,126 | 1,289,071 | 68,231 | 49,380 | 176,720 | 128,679 |
| net assets | 1,587,170 | 1,566,755 | 743,840 | 498,877 | 519,932 | -828,676 | 335,794 | 579,266 | 316,880 | 55,455 | 82,426 | 10,305 | -9,621 |
| total shareholders funds | 1,587,170 | 1,566,755 | 743,840 | 498,877 | 519,932 | -828,676 | 335,794 | 579,266 | 316,880 | 55,455 | 82,426 | 10,305 | -9,621 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 733,102 | 926,142 | 635,793 | 951,108 | -684,608 | -1,011,410 | -37,993 | -27,501 | |||||
| Depreciation | 1,901,103 | 1,854,167 | 1,415,343 | 827,387 | 578,419 | 400,762 | 115,759 | 84,573 | 3,224 | 2,674 | 7,893 | 7,894 | 940 |
| Amortisation | 423,410 | 523,395 | 196,693 | 60,000 | 60,000 | 60,000 | 60,000 | ||||||
| Tax | 169,593 | 21,637 | -50,816 | 26,287 | 69,508 | 870 | 530 | ||||||
| Stock | -274,211 | 1,946,338 | 1,110,466 | 1,120,245 | 158,816 | 291,292 | 71,950 | 15,432 | 243,401 | 21,383 | -41,405 | 57,723 | 46,213 |
| Debtors | -4,984,934 | 11,992,747 | -689,252 | 3,822,778 | 1,853,644 | 117,813 | 761,590 | 92,562 | 779,272 | -2,136 | 12,847 | -19,862 | 24,165 |
| Creditors | -3,473,770 | 7,098,014 | -2,387,483 | 3,829,886 | -84,824 | 383,542 | 338,236 | 113,309 | 154,840 | -43,112 | -126,240 | 48,041 | 126,179 |
| Accruals and Deferred Income | 5,495,112 | -275,698 | 150,519 | 511,447 | 60,619 | 9,641 | -281,190 | -36,547 | 474,738 | 12,752 | |||
| Deferred Taxes & Provisions | -149,152 | -3,027 | 152,179 | -69,508 | 5,932 | 63,576 | -870 | -530 | -1,100 | 2,500 | |||
| Cash flow from operations | 10,338,102 | -3,792,624 | -391,739 | 1,338,168 | -2,056,567 | -566,570 | -427,864 | -74,434 | |||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | |||||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 1,100,000 | 150,000 | |||||||||||
| Group/Directors Accounts | 434,142 | 1,609,483 | 228,299 | -1,428,032 | -4,566,711 | 4,063,137 | 1,999,240 | -49,741 | 49,741 | ||||
| Other Short Term Loans | 2,999 | 1,091,941 | 1,215,128 | 3,124,792 | -79,875 | 79,875 | |||||||
| Long term loans | -9,705,430 | 24,066,471 | 4,252,239 | 16,212,892 | 10,700,000 | 1,400,000 | 850,000 | ||||||
| Hire Purchase and Lease Commitments | -23,387 | -98,148 | -99,180 | 78,842 | 141,873 | ||||||||
| other long term liabilities | -500,000 | 500,000 | |||||||||||
| share issue | |||||||||||||
| interest | -2,287,889 | -1,272,820 | -912,467 | -921,347 | -362,287 | -222,568 | -1,451 | ||||||
| cash flow from financing | -9,980,976 | 26,495,075 | 6,383,199 | 16,988,305 | 6,747,615 | 5,292,421 | 890,680 | 49,741 | |||||
| cash and cash equivalents | |||||||||||||
| cash | 1,397,443 | -230,538 | -685,917 | 318,491 | 838,872 | 69,644 | 12,890 | -151,359 | 215,546 | -25,868 | -18,768 | 29,000 | 36,045 |
| overdraft | |||||||||||||
| change in cash | 1,397,443 | -230,538 | -685,917 | 318,491 | 838,872 | 69,644 | 12,890 | -151,359 | 215,546 | -25,868 | -18,768 | 29,000 | 36,045 |
cerelia uk ltd Credit Report and Business Information
Cerelia Uk Ltd Competitor Analysis
Perform a competitor analysis for cerelia uk ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in NN17 area or any other competitors across 12 key performance metrics.
cerelia uk ltd Ownership
CERELIA UK LTD group structure
Cerelia Uk Ltd has no subsidiary companies.
Ultimate parent company
PANDRIKS HOLDINGS BV
#0131159
2 parents
CERELIA UK LTD
07412477
cerelia uk ltd directors
Cerelia Uk Ltd currently has 1 director, Mr Lee Lovett serving since Apr 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Lee Lovett | England | 47 years | Apr 2021 | - | Director |
P&L
June 2023turnover
101m
+67%
operating profit
733.1k
-21%
gross margin
26%
+4.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
1.6m
+0.01%
total assets
70.5m
-0.09%
cash
1.8m
+3.42%
net assets
Total assets minus all liabilities
cerelia uk ltd company details
company number
07412477
Type
Private limited with Share Capital
industry
10890 - Manufacture of other food products n.e.c.
10720 - Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes
10710 - Manufacture of bread; manufacture of fresh pastry goods and cakes
incorporation date
October 2010
age
15
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2023
previous names
house of vantage limited (July 2020)
hicorp 101 limited (January 2011)
accountant
-
auditor
MHA
address
bakeaway centrix business park, furnace way, corby, NN17 5BE
Bank
-
Legal Advisor
-
cerelia uk 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 cerelia uk ltd. Currently there are 2 open charges and 2 have been satisfied in the past.
cerelia uk 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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cerelia uk ltd Companies House Filings - See Documents
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