bright blue foods limited
bright blue foods limited Company Information
Company Number
08211695
Next Accounts
Mar 2025
Industry
Manufacture of bread; manufacture of fresh pastry goods and cakes
Shareholders
bbf (holdings) limited
Group Structure
View All
Contact
Registered Address
unit g sett end road, shadsworth business park, blackburn, lancashire, BB1 2PT
Website
http://bbflimited.combright blue foods limited Estimated Valuation
Pomanda estimates the enterprise value of BRIGHT BLUE FOODS LIMITED at £253.4m based on a Turnover of £221.8m and 1.14x industry multiple (adjusted for size and gross margin).
bright blue foods limited Estimated Valuation
Pomanda estimates the enterprise value of BRIGHT BLUE FOODS LIMITED at £2.4m based on an EBITDA of £303k and a 7.85x industry multiple (adjusted for size and gross margin).
bright blue foods limited Estimated Valuation
Pomanda estimates the enterprise value of BRIGHT BLUE FOODS LIMITED at £37.3m based on Net Assets of £17.6m and 2.12x industry multiple (adjusted for liquidity).
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Bright Blue Foods Limited Overview
Bright Blue Foods Limited is a live company located in blackburn, BB1 2PT with a Companies House number of 08211695. It operates in the manufacture of bread sector, SIC Code 10710. Founded in September 2012, it's largest shareholder is bbf (holdings) limited with a 100% stake. Bright Blue Foods Limited is a established, mega sized company, Pomanda has estimated its turnover at £221.8m with rapid growth in recent years.
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Bright Blue Foods Limited Health Check
Pomanda's financial health check has awarded Bright Blue Foods Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
3 Weak
Size
annual sales of £221.8m, make it larger than the average company (£14.7m)
£221.8m - Bright Blue Foods Limited
£14.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 35%, show it is growing at a faster rate (6.3%)
35% - Bright Blue Foods Limited
6.3% - Industry AVG
Production
with a gross margin of 29.1%, this company has a comparable cost of product (29.2%)
29.1% - Bright Blue Foods Limited
29.2% - Industry AVG
Profitability
an operating margin of -1% make it less profitable than the average company (2.7%)
-1% - Bright Blue Foods Limited
2.7% - Industry AVG
Employees
with 1650 employees, this is above the industry average (179)
1650 - Bright Blue Foods Limited
179 - Industry AVG
Pay Structure
on an average salary of £24.9k, the company has an equivalent pay structure (£28k)
£24.9k - Bright Blue Foods Limited
£28k - Industry AVG
Efficiency
resulting in sales per employee of £134.4k, this is more efficient (£101.5k)
£134.4k - Bright Blue Foods Limited
£101.5k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is near the average (41 days)
38 days - Bright Blue Foods Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 91 days, this is slower than average (45 days)
91 days - Bright Blue Foods Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 35 days, this is more than average (26 days)
35 days - Bright Blue Foods Limited
26 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is average cash available to meet short term requirements (13 weeks)
14 weeks - Bright Blue Foods Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.5%, this is a higher level of debt than the average (58.4%)
76.5% - Bright Blue Foods Limited
58.4% - Industry AVG
BRIGHT BLUE FOODS LIMITED financials
Bright Blue Foods Limited's latest turnover from June 2023 is £221.8 million and the company has net assets of £17.6 million. According to their latest financial statements, Bright Blue Foods Limited has 1,650 employees and maintains cash reserves of £14.7 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 221,836,000 | 196,261,000 | 134,755,000 | 89,512,000 | 83,510,000 | 72,174,000 | 60,101,000 | 58,766,000 | 63,804,000 | 80,516,000 | 44,218,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 157,296,000 | 134,092,000 | 85,266,000 | 57,476,000 | 55,603,000 | 47,379,000 | 36,722,000 | 40,367,000 | 44,296,000 | 52,274,000 | 28,750,000 |
| Gross Profit | 64,540,000 | 62,169,000 | 49,489,000 | 32,036,000 | 27,907,000 | 24,795,000 | 23,379,000 | 18,399,000 | 19,508,000 | 28,242,000 | 15,468,000 |
| Admin Expenses | 66,847,000 | 56,197,000 | 39,264,000 | 26,422,000 | 25,546,000 | 23,410,000 | 21,541,000 | 22,534,000 | 33,161,000 | 25,560,000 | 13,867,000 |
| Operating Profit | -2,307,000 | 5,972,000 | 10,225,000 | 5,614,000 | 2,361,000 | 1,385,000 | 1,838,000 | -4,135,000 | -13,653,000 | 2,682,000 | 1,601,000 |
| Interest Payable | 746,000 | 396,000 | 581,000 | 994,000 | 1,598,000 | 1,543,000 | 1,518,000 | 1,673,000 | 2,107,000 | 2,031,000 | 1,194,000 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,000 | 0 | 13,000 | 2,000 |
| Pre-Tax Profit | -3,053,000 | 5,576,000 | 9,644,000 | 4,620,000 | 763,000 | -158,000 | 320,000 | -5,804,000 | -15,760,000 | 664,000 | 326,000 |
| Tax | 13,000 | -900,000 | -2,380,000 | -1,018,000 | -130,000 | -12,000 | 915,000 | 1,327,000 | -53,000 | -280,000 | -123,000 |
| Profit After Tax | -3,040,000 | 4,676,000 | 7,264,000 | 3,602,000 | 633,000 | -170,000 | 1,235,000 | -4,477,000 | -15,813,000 | 384,000 | 203,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -3,040,000 | 4,676,000 | 7,264,000 | 3,602,000 | 633,000 | -170,000 | 1,235,000 | -4,477,000 | -15,813,000 | 384,000 | 203,000 |
| Employee Costs | 41,087,000 | 39,889,000 | 28,832,000 | 15,358,000 | 15,239,000 | 16,782,000 | 14,353,000 | 17,737,000 | 18,074,000 | 18,750,000 | 10,267,000 |
| Number Of Employees | 1,650 | 1,686 | 1,258 | 754 | 809 | 889 | 911 | 1,003 | 1,074 | 1,056 | 890 |
| EBITDA* | 303,000 | 9,121,000 | 12,739,000 | 7,910,000 | 4,673,000 | 3,829,000 | 3,976,000 | -1,711,000 | -11,411,000 | 4,378,000 | 2,556,000 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 17,305,000 | 18,514,000 | 19,304,000 | 9,991,000 | 11,142,000 | 12,124,000 | 12,479,000 | 12,125,000 | 11,971,000 | 12,464,000 | 10,917,000 |
| Intangible Assets | -1,592,000 | -1,505,000 | -2,777,000 | 1,566,000 | 2,209,000 | 2,852,000 | 3,809,000 | 4,348,000 | 4,883,000 | 9,841,000 | 5,819,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 15,713,000 | 17,009,000 | 16,527,000 | 11,557,000 | 13,351,000 | 14,976,000 | 16,288,000 | 16,473,000 | 16,854,000 | 22,305,000 | 16,736,000 |
| Stock & work in progress | 15,336,000 | 12,828,000 | 7,629,000 | 4,712,000 | 6,206,000 | 5,260,000 | 2,042,000 | 2,025,000 | 2,567,000 | 2,703,000 | 3,216,000 |
| Trade Debtors | 23,544,000 | 23,458,000 | 18,279,000 | 7,922,000 | 8,000,000 | 7,281,000 | 6,081,000 | 7,356,000 | 7,908,000 | 10,113,000 | 12,645,000 |
| Group Debtors | 10,000 | 10,000 | 10,000 | 1,119,000 | 2,548,000 | 179,000 | 10,000 | 0 | 0 | 0 | 0 |
| Misc Debtors | 5,302,000 | 5,985,000 | 3,144,000 | 4,156,000 | 4,968,000 | 5,391,000 | 4,986,000 | 3,238,000 | 1,391,000 | 1,926,000 | 1,621,000 |
| Cash | 14,732,000 | 12,451,000 | 11,152,000 | 250,000 | 141,000 | 401,000 | 88,000 | 376,000 | 167,000 | 1,809,000 | 2,708,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 58,924,000 | 54,732,000 | 40,214,000 | 18,159,000 | 21,863,000 | 18,512,000 | 13,207,000 | 12,995,000 | 12,033,000 | 16,551,000 | 20,190,000 |
| total assets | 74,637,000 | 71,741,000 | 56,741,000 | 29,716,000 | 35,214,000 | 33,488,000 | 29,495,000 | 29,468,000 | 28,887,000 | 38,856,000 | 36,926,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,053,000 | 0 | 0 |
| Trade Creditors | 39,306,000 | 34,565,000 | 24,878,000 | 12,628,000 | 12,457,000 | 9,624,000 | 6,647,000 | 6,423,000 | 10,816,000 | 10,384,000 | 9,465,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 235,000 | 0 | 0 | 97,000 | 98,000 | 0 |
| other short term finances | 1,700,000 | 1,737,000 | 2,404,000 | 6,140,000 | 4,752,000 | 19,717,000 | 4,601,000 | 6,386,000 | 9,950,000 | 1,404,000 | 2,430,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,000 | 21,000 |
| other current liabilities | 12,589,000 | 12,563,000 | 11,722,000 | 5,721,000 | 4,934,000 | 4,643,000 | 5,004,000 | 5,583,000 | 5,281,000 | 5,273,000 | 5,471,000 |
| total current liabilities | 53,595,000 | 48,865,000 | 39,004,000 | 24,489,000 | 22,143,000 | 34,219,000 | 16,252,000 | 18,392,000 | 30,197,000 | 17,174,000 | 17,387,000 |
| loans | 1,190,000 | 0 | 0 | 1,997,000 | 13,380,000 | 0 | 13,396,000 | 13,246,000 | 9,179,000 | 19,653,000 | 18,240,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,000 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 128,000 | 160,000 | 176,000 | 192,000 | 207,000 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 2,295,000 | 2,564,000 | 1,892,000 | 634,000 | 560,000 | 938,000 | 1,113,000 | 663,000 | 650,000 | 440,000 | 0 |
| total long term liabilities | 3,485,000 | 2,564,000 | 1,892,000 | 2,631,000 | 13,940,000 | 938,000 | 14,637,000 | 14,069,000 | 10,005,000 | 20,285,000 | 18,460,000 |
| total liabilities | 57,080,000 | 51,429,000 | 40,896,000 | 27,120,000 | 36,083,000 | 35,157,000 | 30,889,000 | 32,461,000 | 40,202,000 | 37,459,000 | 35,847,000 |
| net assets | 17,557,000 | 20,312,000 | 15,845,000 | 2,596,000 | -869,000 | -1,669,000 | -1,394,000 | -2,993,000 | -11,315,000 | 1,397,000 | 1,079,000 |
| total shareholders funds | 17,557,000 | 20,312,000 | 15,845,000 | 2,596,000 | -869,000 | -1,669,000 | -1,394,000 | -2,993,000 | -11,315,000 | 1,397,000 | 1,079,000 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | -2,307,000 | 5,972,000 | 10,225,000 | 5,614,000 | 2,361,000 | 1,385,000 | 1,838,000 | -4,135,000 | -13,653,000 | 2,682,000 | 1,601,000 |
| Depreciation | 2,522,000 | 2,755,000 | 2,102,000 | 1,653,000 | 1,669,000 | 1,720,000 | 1,599,000 | 1,889,000 | 1,702,000 | 1,359,000 | 791,000 |
| Amortisation | 88,000 | 394,000 | 412,000 | 643,000 | 643,000 | 724,000 | 539,000 | 535,000 | 540,000 | 337,000 | 164,000 |
| Tax | 13,000 | -900,000 | -2,380,000 | -1,018,000 | -130,000 | -12,000 | 915,000 | 1,327,000 | -53,000 | -280,000 | -123,000 |
| Stock | 2,508,000 | 5,199,000 | 2,917,000 | -1,494,000 | 946,000 | 3,218,000 | 17,000 | -542,000 | -136,000 | -513,000 | 3,216,000 |
| Debtors | -597,000 | 8,020,000 | 8,236,000 | -2,319,000 | 2,665,000 | 1,774,000 | 483,000 | 1,295,000 | -2,740,000 | -2,227,000 | 14,266,000 |
| Creditors | 4,741,000 | 9,687,000 | 12,250,000 | 171,000 | 2,833,000 | 2,977,000 | 224,000 | -4,393,000 | 432,000 | 919,000 | 9,465,000 |
| Accruals and Deferred Income | 26,000 | 841,000 | 6,001,000 | 787,000 | 291,000 | -489,000 | -611,000 | 286,000 | -8,000 | -213,000 | 5,678,000 |
| Deferred Taxes & Provisions | -269,000 | 672,000 | 1,258,000 | 74,000 | -378,000 | -175,000 | 450,000 | 13,000 | 210,000 | 440,000 | 0 |
| Cash flow from operations | 2,903,000 | 6,202,000 | 18,715,000 | 11,737,000 | 3,678,000 | 1,138,000 | 4,454,000 | -5,231,000 | -7,954,000 | 7,984,000 | 94,000 |
| Investing Activities | |||||||||||
| capital expenditure | -2,024,000 | -3,305,000 | -200,000 | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -2,024,000 | -3,305,000 | -200,000 | ||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,053,000 | 4,053,000 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -235,000 | 235,000 | 0 | -97,000 | -1,000 | 98,000 | 0 |
| Other Short Term Loans | -37,000 | -667,000 | -3,736,000 | 1,388,000 | -14,965,000 | 15,116,000 | -1,785,000 | -3,564,000 | 8,546,000 | -1,026,000 | 2,430,000 |
| Long term loans | 1,190,000 | 0 | -1,997,000 | -11,383,000 | 13,380,000 | -13,396,000 | 150,000 | 4,067,000 | -10,474,000 | 1,413,000 | 18,240,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -15,000 | -19,000 | 34,000 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | -746,000 | -396,000 | -581,000 | -994,000 | -1,598,000 | -1,543,000 | -1,518,000 | -1,669,000 | -2,107,000 | -2,018,000 | -1,192,000 |
| cash flow from financing | 692,000 | -1,272,000 | -329,000 | -11,126,000 | -3,251,000 | 307,000 | -2,789,000 | 7,483,000 | 3,103,000 | -1,618,000 | 20,388,000 |
| cash and cash equivalents | |||||||||||
| cash | 2,281,000 | 1,299,000 | 10,902,000 | 109,000 | -260,000 | 313,000 | -288,000 | 209,000 | -1,642,000 | -899,000 | 2,708,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,281,000 | 1,299,000 | 10,902,000 | 109,000 | -260,000 | 313,000 | -288,000 | 209,000 | -1,642,000 | -899,000 | 2,708,000 |
bright blue foods limited Credit Report and Business Information
Bright Blue Foods Limited Competitor Analysis
Perform a competitor analysis for bright blue foods limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in BB1 area or any other competitors across 12 key performance metrics.
bright blue foods limited Ownership
BRIGHT BLUE FOODS LIMITED group structure
Bright Blue Foods Limited has 1 subsidiary company.
Ultimate parent company
2 parents
BRIGHT BLUE FOODS LIMITED
08211695
1 subsidiary
bright blue foods limited directors
Bright Blue Foods Limited currently has 6 directors. The longest serving directors include Mr Mark Izzard (Jul 2013) and Miss Diane Walker (Sep 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Izzard | England | 45 years | Jul 2013 | - | Director |
| Miss Diane Walker | England | 52 years | Sep 2015 | - | Director |
| Mr David Gallagher | United Kingdom | 61 years | Jan 2016 | - | Director |
| Mr Jonathan Lill | 56 years | Mar 2016 | - | Director | |
| Mr Munaf Yusuf | England | 53 years | Jul 2016 | - | Director |
| Mr Peter Hartshorn | 57 years | Feb 2017 | - | Director |
P&L
June 2023turnover
221.8m
+13%
operating profit
-2.3m
-139%
gross margin
29.1%
-8.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
17.6m
-0.14%
total assets
74.6m
+0.04%
cash
14.7m
+0.18%
net assets
Total assets minus all liabilities
bright blue foods limited company details
company number
08211695
Type
Private limited with Share Capital
industry
10710 - Manufacture of bread; manufacture of fresh pastry goods and cakes
incorporation date
September 2012
age
13
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
June 2023
previous names
mccambridge foods ltd (November 2013)
gellaw 400 limited (December 2012)
accountant
-
auditor
GRANT THORNTON UK LLP
address
unit g sett end road, shadsworth business park, blackburn, lancashire, BB1 2PT
Bank
-
Legal Advisor
-
bright blue 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 13 charges/mortgages relating to bright blue foods limited. Currently there are 6 open charges and 7 have been satisfied in the past.
bright blue 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.
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bright blue foods limited Companies House Filings - See Documents
| date | description | view/download |
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