raavi foods limited
raavi foods limited Company Information
Company Number
07940284
Next Accounts
Dec 2025
Shareholders
kandore properties limited
Group Structure
View All
Industry
Other retail sale of food in specialised stores
Registered Address
77-83 chesterfield road, leicester, LE5 5LH
Website
-raavi foods limited Estimated Valuation
Pomanda estimates the enterprise value of RAAVI FOODS LIMITED at £18.1m based on a Turnover of £36.2m and 0.5x industry multiple (adjusted for size and gross margin).
raavi foods limited Estimated Valuation
Pomanda estimates the enterprise value of RAAVI FOODS LIMITED at £17.9m based on an EBITDA of £3.2m and a 5.66x industry multiple (adjusted for size and gross margin).
raavi foods limited Estimated Valuation
Pomanda estimates the enterprise value of RAAVI FOODS LIMITED at £4m based on Net Assets of £1.8m and 2.26x industry multiple (adjusted for liquidity).
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Raavi Foods Limited Overview
Raavi Foods Limited is a live company located in leicester, LE5 5LH with a Companies House number of 07940284. It operates in the other retail sale of food in specialised stores sector, SIC Code 47290. Founded in February 2012, it's largest shareholder is kandore properties limited with a 100% stake. Raavi Foods Limited is a established, large sized company, Pomanda has estimated its turnover at £36.2m with high growth in recent years.
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Raavi Foods Limited Health Check
Pomanda's financial health check has awarded Raavi Foods Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
2 Weak
Size
annual sales of £36.2m, make it larger than the average company (£865.2k)
£36.2m - Raavi Foods Limited
£865.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (7.8%)
26% - Raavi Foods Limited
7.8% - Industry AVG
Production
with a gross margin of 22.7%, this company has a higher cost of product (35.6%)
22.7% - Raavi Foods Limited
35.6% - Industry AVG
Profitability
an operating margin of 7.6% make it more profitable than the average company (2.6%)
7.6% - Raavi Foods Limited
2.6% - Industry AVG
Employees
with 165 employees, this is above the industry average (18)
165 - Raavi Foods Limited
18 - Industry AVG
Pay Structure
on an average salary of £20k, the company has an equivalent pay structure (£17.4k)
£20k - Raavi Foods Limited
£17.4k - Industry AVG
Efficiency
resulting in sales per employee of £219.2k, this is more efficient (£78.7k)
£219.2k - Raavi Foods Limited
£78.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Raavi Foods Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (32 days)
13 days - Raavi Foods Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 28 days, this is in line with average (34 days)
28 days - Raavi Foods Limited
34 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 18 weeks, this is average cash available to meet short term requirements (16 weeks)
18 weeks - Raavi Foods Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72.1%, this is a lower level of debt than the average (80.6%)
72.1% - Raavi Foods Limited
80.6% - Industry AVG
RAAVI FOODS LIMITED financials
Raavi Foods Limited's latest turnover from March 2024 is £36.2 million and the company has net assets of £1.8 million. According to their latest financial statements, Raavi Foods Limited has 165 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 36,166,776 | 30,020,965 | 24,273,678 | 18,240,600 | 16,583,443 | 15,438,323 | 15,288,859 | 14,832,846 | 14,813,436 | 13,908,065 | 13,482,661 | 12,552,345 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 27,941,006 | 23,685,663 | 19,527,121 | 14,442,928 | 13,211,784 | 12,217,528 | 12,155,177 | 12,021,130 | 11,946,498 | 11,298,358 | 11,120,675 | |
| Gross Profit | 8,225,770 | 6,335,302 | 4,746,557 | 3,797,672 | 3,371,659 | 3,220,795 | 3,133,682 | 2,811,716 | 2,866,938 | 2,609,707 | 2,361,986 | |
| Admin Expenses | 5,485,794 | 4,808,375 | 4,130,626 | 2,995,128 | 2,396,161 | 2,188,991 | 2,086,860 | 1,976,524 | 1,947,548 | 1,773,511 | 1,595,690 | |
| Operating Profit | 2,739,976 | 1,526,927 | 615,931 | 802,544 | 975,498 | 1,031,804 | 1,046,822 | 835,192 | 919,390 | 836,196 | 766,296 | 681,703 |
| Interest Payable | 355 | 37,459 | 20,931 | 9,934 | 29,269 | 30,243 | 9,386 | 565 | 118 | 2,331 | 20,821 | 5,655 |
| Interest Receivable | 0 | 0 | 713 | 508 | 0 | 0 | 0 | 0 | 0 | 191 | 720 | 0 |
| Pre-Tax Profit | 2,739,621 | 1,489,468 | 595,713 | 793,118 | 946,229 | 1,156,094 | 1,037,436 | 834,627 | 919,272 | 834,056 | 746,195 | 676,048 |
| Tax | -725,614 | -280,098 | -149,130 | -163,466 | -177,782 | -235,855 | -197,404 | -166,682 | -191,147 | -175,795 | -160,855 | -164,081 |
| Profit After Tax | 2,014,007 | 1,209,370 | 446,583 | 629,652 | 768,447 | 920,239 | 840,032 | 667,945 | 728,125 | 658,261 | 585,340 | 511,967 |
| Dividends Paid | 1,865,000 | 316,000 | 940,000 | 865,000 | 215,000 | 1,880,906 | 880,000 | 177,548 | 500,000 | 183,000 | 369,390 | 0 |
| Retained Profit | 149,007 | 893,370 | -493,417 | -235,348 | 553,447 | -960,667 | -39,968 | 490,397 | 228,125 | 475,261 | 215,950 | 511,967 |
| Employee Costs | 3,305,149 | 2,899,421 | 2,568,509 | 1,881,041 | 1,394,219 | 1,318,301 | 1,226,107 | 1,130,294 | 1,090,330 | 923,419 | 767,300 | 694,371 |
| Number Of Employees | 165 | 164 | 158 | 125 | 104 | 92 | 90 | 89 | 86 | 77 | 67 | 104 |
| EBITDA* | 3,167,627 | 1,982,734 | 990,719 | 1,137,032 | 1,245,609 | 1,281,355 | 1,282,952 | 1,073,019 | 1,164,852 | 1,082,620 | 1,026,930 | 933,611 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,813,948 | 1,960,769 | 2,060,146 | 1,502,976 | 998,965 | 485,989 | 374,112 | 330,169 | 374,276 | 386,996 | 427,040 | 471,785 |
| Intangible Assets | 565,174 | 748,474 | 931,774 | 1,115,074 | 1,298,374 | 1,481,674 | 1,664,974 | 1,848,274 | 2,031,574 | 2,214,874 | 2,398,174 | 2,581,474 |
| Investments & Other | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 50,000 | 50,000 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 33,080 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,479,122 | 2,809,243 | 3,091,920 | 2,718,050 | 2,430,419 | 2,067,663 | 2,139,086 | 2,278,443 | 2,455,850 | 2,651,870 | 2,825,214 | 3,053,259 |
| Stock & work in progress | 2,207,732 | 1,934,324 | 1,900,101 | 1,598,928 | 746,971 | 884,557 | 890,622 | 720,880 | 659,428 | 549,681 | 698,746 | 740,844 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 785,906 | 815,906 | 120,906 | 15,906 | 0 | 0 |
| Misc Debtors | 141,988 | 151,661 | 387,278 | 141,783 | 133,079 | 150,371 | 49,443 | 57,352 | 45,918 | 70,836 | 173,664 | 113,878 |
| Cash | 1,579,948 | 1,793,423 | 662,750 | 219,177 | 128,331 | 149,180 | 187,964 | 124,594 | 301,545 | 290,126 | 188,049 | 281,574 |
| misc current assets | 0 | 0 | 0 | 26,292 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,929,668 | 3,879,408 | 2,950,129 | 1,986,180 | 1,008,381 | 1,184,108 | 1,913,935 | 1,718,732 | 1,127,797 | 926,549 | 1,060,459 | 1,136,296 |
| total assets | 6,408,790 | 6,688,651 | 6,042,049 | 4,704,230 | 3,438,800 | 3,251,771 | 4,053,021 | 3,997,175 | 3,583,647 | 3,578,419 | 3,885,673 | 4,189,555 |
| Bank overdraft | 262,577 | 1,229,576 | 1,377,291 | 561,887 | 615,064 | 870,350 | 902,450 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 75,000 | 100,000 | 100,000 | 92,527 | 0 | 9,789 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,022,750 | 983,566 | 1,049,775 | 934,830 | 645,683 | 404,943 | 349,929 | 380,367 | 245,602 | 226,812 | 209,276 | 264,738 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100,000 | 100,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29,771 | 34,407 |
| other current liabilities | 3,151,975 | 2,619,437 | 2,092,129 | 1,694,899 | 367,479 | 659,778 | 900,245 | 1,676,144 | 1,893,141 | 301,899 | 394,170 | 279,347 |
| total current liabilities | 4,437,302 | 4,832,579 | 4,594,195 | 3,291,616 | 1,728,226 | 2,027,598 | 2,152,624 | 2,066,300 | 2,138,743 | 528,711 | 733,217 | 678,492 |
| loans | 0 | 0 | 453,719 | 75,000 | 175,000 | 282,473 | 0 | 0 | 0 | 1,843,965 | 2,422,080 | 2,965,791 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21,062 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 181,799 | 215,390 | 246,823 | 96,885 | 59,497 | 19,070 | 17,100 | 7,610 | 12,036 | 1,000 | 0 | 9,791 |
| total long term liabilities | 181,799 | 215,390 | 700,542 | 171,885 | 234,497 | 301,543 | 17,100 | 7,610 | 12,036 | 1,844,965 | 2,422,080 | 2,996,644 |
| total liabilities | 4,619,101 | 5,047,969 | 5,294,737 | 3,463,501 | 1,962,723 | 2,329,141 | 2,169,724 | 2,073,910 | 2,150,779 | 2,373,676 | 3,155,297 | 3,675,136 |
| net assets | 1,789,689 | 1,640,682 | 747,312 | 1,240,729 | 1,476,077 | 922,630 | 1,883,297 | 1,923,265 | 1,432,868 | 1,204,743 | 730,376 | 514,419 |
| total shareholders funds | 1,789,689 | 1,640,682 | 747,312 | 1,240,729 | 1,476,077 | 922,630 | 1,883,297 | 1,923,265 | 1,432,868 | 1,204,743 | 730,376 | 514,419 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 2,739,976 | 1,526,927 | 615,931 | 802,544 | 975,498 | 1,031,804 | 1,046,822 | 835,192 | 919,390 | 836,196 | 766,296 | 681,703 |
| Depreciation | 244,351 | 272,507 | 191,488 | 151,188 | 86,811 | 66,251 | 52,830 | 54,527 | 62,162 | 63,124 | 77,334 | 83,882 |
| Amortisation | 183,300 | 183,300 | 183,300 | 183,300 | 183,300 | 183,300 | 183,300 | 183,300 | 183,300 | 183,300 | 183,300 | 168,026 |
| Tax | -725,614 | -280,098 | -149,130 | -163,466 | -177,782 | -235,855 | -197,404 | -166,682 | -191,147 | -175,795 | -160,855 | -164,081 |
| Stock | 273,408 | 34,223 | 301,173 | 851,957 | -137,586 | -6,065 | 169,742 | 61,452 | 109,747 | -149,065 | -42,098 | 740,844 |
| Debtors | -9,673 | -235,617 | 245,495 | -24,376 | 15,788 | -684,978 | -37,909 | 706,434 | 80,082 | -86,922 | 59,786 | 113,878 |
| Creditors | 39,184 | -66,209 | 114,945 | 289,147 | 240,740 | 55,014 | -30,438 | 134,765 | 18,790 | 17,536 | -55,462 | 264,738 |
| Accruals and Deferred Income | 532,538 | 527,308 | 397,230 | 1,327,420 | -292,299 | -240,467 | -775,899 | -216,997 | 1,591,242 | -92,271 | 114,823 | 279,347 |
| Deferred Taxes & Provisions | -33,591 | -31,433 | 149,938 | 37,388 | 40,427 | 1,970 | 9,490 | -4,426 | 11,036 | 1,000 | -9,791 | 9,791 |
| Cash flow from operations | 2,716,409 | 2,333,696 | 957,034 | 1,799,940 | 1,178,493 | 1,553,060 | 156,868 | 51,793 | 2,404,944 | 1,069,077 | 897,957 | 468,684 |
| Investing Activities | ||||||||||||
| capital expenditure | -60,420 | -48,335 | -23,080 | -32,589 | -42,038 | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50,000 | 0 | 50,000 | 0 | 0 |
| cash flow from investments | -110,420 | -48,335 | -73,080 | -32,589 | -42,038 | |||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | -75,000 | -25,000 | 0 | 7,473 | 92,527 | -9,789 | 9,789 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -100,000 | 0 | 100,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -453,719 | 378,719 | -100,000 | -107,473 | 282,473 | 0 | 0 | -1,843,965 | -578,115 | -543,711 | 2,965,791 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -29,771 | -25,698 | 55,469 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | -355 | -37,459 | -20,218 | -9,426 | -29,269 | -30,243 | -9,386 | -565 | -118 | -2,140 | -20,101 | -5,655 |
| cash flow from financing | -355 | -566,178 | 333,501 | -109,426 | -129,269 | 344,757 | -19,175 | 9,224 | -1,844,083 | -710,920 | -589,503 | 3,118,057 |
| cash and cash equivalents | ||||||||||||
| cash | -213,475 | 1,130,673 | 443,573 | 90,846 | -20,849 | -38,784 | 63,370 | -176,951 | 11,419 | 102,077 | -93,525 | 281,574 |
| overdraft | -966,999 | -147,715 | 815,404 | -53,177 | -255,286 | -32,100 | 902,450 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 753,524 | 1,278,388 | -371,831 | 144,023 | 234,437 | -6,684 | -839,080 | -176,951 | 11,419 | 102,077 | -93,525 | 281,574 |
raavi foods limited Credit Report and Business Information
Raavi Foods Limited Competitor Analysis
Perform a competitor analysis for raavi foods 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 LE5 area or any other competitors across 12 key performance metrics.
raavi foods limited Ownership
RAAVI FOODS LIMITED group structure
Raavi Foods Limited has no subsidiary companies.
Ultimate parent company
RAAVI FOODS LIMITED
07940284
raavi foods limited directors
Raavi Foods Limited currently has 4 directors. The longest serving directors include Mr Nabeel Akhtar (Feb 2012) and Mr Mohammed Adnan (Jan 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nabeel Akhtar | England | 35 years | Feb 2012 | - | Director |
| Mr Mohammed Adnan | 38 years | Jan 2018 | - | Director | |
| Mr Mohammed Ashfaq | England | 53 years | Jan 2018 | - | Director |
| Mr Adeel Akhtar | England | 39 years | Nov 2021 | - | Director |
P&L
March 2024turnover
36.2m
+20%
operating profit
2.7m
+79%
gross margin
22.8%
+7.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.8m
+0.09%
total assets
6.4m
-0.04%
cash
1.6m
-0.12%
net assets
Total assets minus all liabilities
raavi foods limited company details
company number
07940284
Type
Private limited with Share Capital
industry
47290 - Other retail sale of food in specialised stores
incorporation date
February 2012
age
13
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
ravi foods limited (February 2012)
accountant
-
auditor
UHY HACKER YOUNG
address
77-83 chesterfield road, leicester, LE5 5LH
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
raavi 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 found 4 charges/mortgages relating to raavi foods limited. Currently there are 4 open charges and 0 have been satisfied in the past.
raavi 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.
Click to start generating capital raising & share issue transactions for RAAVI FOODS LIMITED. This can take several minutes, an email will notify you when this has completed.
raavi foods limited Companies House Filings - See Documents
| date | description | view/download |
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