Pomanda estimates the enterprise value of MAJESTIC MEAT LTD at £2.3m based on a Turnover of £7m and 0.32x industry multiple (adjusted for size and gross margin).
majestic meat ltdEstimated Valuation
£277k
Pomanda estimates the enterprise value of MAJESTIC MEAT LTD at £277k based on an EBITDA of £78.4k and a 3.53x industry multiple (adjusted for size and gross margin).
majestic meat ltdEstimated Valuation
£2.3m
Pomanda estimates the enterprise value of MAJESTIC MEAT LTD at £2.3m based on Net Assets of £1.2m and 1.96x industry multiple (adjusted for liquidity).
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Majestic Meat LtdOverview
Majestic Meat Ltd is a live company located in westyorkshire, BD8 0HR with a Companies House number of 08357766. It operates in the processing and preserving of meat sector, SIC Code 10110. Founded in January 2013, it's largest shareholder is
majestic meat holdings ltd
with a 100% stake. Majestic Meat Ltd is a established,
mid sized company, Pomanda has estimated its turnover at
£7m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Majestic Meat Ltd a 4 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
Health Rating4out of 5
4 Strong
3 Regular
5 Weak
Size
annual sales of £7m, make it smaller than the average company (£27.5m)
£7m - Majestic Meat Ltd
£27.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a slower rate (9.7%)
8% - Majestic Meat Ltd
9.7% - Industry AVG
Production
with a gross margin of 14.8%, this company has a comparable cost of product (14.8%)
14.8% - Majestic Meat Ltd
14.8% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (3.1%)
0.5% - Majestic Meat Ltd
3.1% - Industry AVG
Employees
with 30 employees, this is below the industry average (85)
30 - Majestic Meat Ltd
85 - Industry AVG
Pay Structure
on an average salary of £35.1k, the company has an equivalent pay structure (£35.1k)
£35.1k - Majestic Meat Ltd
£35.1k - Industry AVG
Efficiency
resulting in sales per employee of £234.1k, this is less efficient (£367.9k)
£234.1k - Majestic Meat Ltd
£367.9k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is earlier than average (35 days)
20 days - Majestic Meat Ltd
35 days - Industry AVG
Creditor Days
its suppliers are paid after 63 days, this is slower than average (29 days)
63 days - Majestic Meat Ltd
29 days - Industry AVG
Stock Days
it holds stock equivalent to 6 days, this is less than average (21 days)
6 days - Majestic Meat Ltd
21 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 38 weeks, this is more cash available to meet short term requirements (10 weeks)
38 weeks - Majestic Meat Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.7%, this is a similar level of debt than the average (55.7%)
50.7% - Majestic Meat Ltd
55.7% - Industry AVG
MAJESTIC MEAT LTD financials
EXPORT
Majestic Meat Ltd's latest turnover from January 2024 is estimated at £7 million and the company has net assets of £1.2 million. According to their latest financial statements, Majestic Meat Ltd has 30 employees and maintains cash reserves of £879.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Turnover
7,023,810
5,903,818
6,233,837
5,619,033
4,632,756
5,704,265
3,298,527
1,352,502
1,255,665
2,159,212
1,384,152
Other Income Or Grants
Cost Of Sales
5,984,538
5,051,360
5,305,643
4,857,031
4,036,622
4,955,519
2,873,235
1,163,275
1,073,209
1,871,835
1,214,107
Gross Profit
1,039,272
852,459
928,193
762,002
596,134
748,745
425,291
189,227
182,457
287,376
170,045
Admin Expenses
1,002,337
519,453
692,106
638,075
495,491
877,702
209,925
-81,099
54,102
207,708
124,749
Operating Profit
36,935
333,006
236,087
123,927
100,643
-128,957
215,366
270,326
128,355
79,668
45,296
Interest Payable
33,134
60,680
30,145
9,421
1,103
3,550
5,184
6,152
4,632
Interest Receivable
44,637
21,553
1,377
445
806
584
585
227
471
295
42
Pre-Tax Profit
48,437
293,879
207,319
114,951
100,347
-131,923
210,767
264,401
124,194
79,963
45,338
Tax
-12,109
-55,837
-39,391
-21,841
-19,066
-40,046
-52,880
-24,839
-16,792
-10,428
Profit After Tax
36,328
238,042
167,928
93,110
81,281
-131,923
170,721
211,521
99,355
63,171
34,910
Dividends Paid
Retained Profit
36,328
238,042
167,928
93,110
81,281
-131,923
170,721
211,521
99,355
63,171
34,910
Employee Costs
1,051,666
861,562
742,206
747,307
294,817
277,963
215,026
159,467
127,950
223,709
149,876
Number Of Employees
30
26
24
25
10
10
8
6
5
9
6
EBITDA*
78,431
379,603
285,738
174,983
161,199
-59,010
301,458
367,169
199,051
89,305
56,131
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Tangible Assets
414,867
455,268
468,935
220,821
239,391
276,016
339,963
380,668
305,859
101,598
43,340
Intangible Assets
Investments & Other
154,658
Debtors (Due After 1 year)
Total Fixed Assets
569,525
455,268
468,935
220,821
239,391
276,016
339,963
380,668
305,859
101,598
43,340
Stock & work in progress
106,467
342,712
309,326
326,771
339,076
343,000
326,637
57,681
42,470
32,266
15,548
Trade Debtors
393,806
375,528
702,856
415,699
565,194
898,865
384,331
218,044
199,359
210,496
168,186
Group Debtors
Misc Debtors
413,601
387,739
427,635
15,591
25,933
Cash
879,116
821,344
410,270
690,947
199,203
15,822
139,821
94,103
87,318
101,269
16,830
misc current assets
5,434
total current assets
1,792,990
1,927,323
1,850,087
1,449,008
1,129,406
1,296,833
850,789
375,262
329,147
344,031
200,564
total assets
2,362,515
2,382,591
2,319,022
1,669,829
1,368,797
1,572,849
1,190,752
755,930
635,006
445,629
243,904
Bank overdraft
Bank loan
108,939
101,733
30,329
Trade Creditors
1,042,317
562,988
619,249
547,782
459,719
508,124
238,997
85,472
76,931
347,547
208,993
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
155,754
102,433
121,284
123,686
247,368
166,900
107,172
118,105
total current liabilities
1,198,071
774,360
842,266
701,797
707,087
977,899
405,897
192,644
195,036
347,547
208,993
loans
480,115
586,682
245,886
32,674
105,177
54,329
142,534
hp & lease commitments
Accruals and Deferred Income
other liabilities
47,195
provisions
total long term liabilities
480,115
586,682
245,886
32,674
47,195
105,177
54,329
142,534
total liabilities
1,198,071
1,254,475
1,428,948
947,683
739,761
1,025,094
511,074
246,973
337,570
347,547
208,993
net assets
1,164,444
1,128,116
890,074
722,146
629,036
547,755
679,678
508,957
297,436
98,082
34,911
total shareholders funds
1,164,444
1,128,116
890,074
722,146
629,036
547,755
679,678
508,957
297,436
98,082
34,911
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Operating Activities
Operating Profit
36,935
333,006
236,087
123,927
100,643
-128,957
215,366
270,326
128,355
79,668
45,296
Depreciation
41,496
46,597
49,651
51,056
60,556
69,947
86,092
96,843
70,696
9,637
10,835
Amortisation
Tax
-12,109
-55,837
-39,391
-21,841
-19,066
-40,046
-52,880
-24,839
-16,792
-10,428
Stock
-236,245
33,386
-17,445
-12,305
-3,924
16,363
268,956
15,211
10,204
16,718
15,548
Debtors
44,140
-367,224
699,201
-159,837
-346,884
553,680
166,287
18,685
-11,137
42,310
168,186
Creditors
479,329
-56,261
71,467
88,063
-48,405
269,127
153,525
8,541
-270,616
138,554
208,993
Accruals and Deferred Income
53,321
-18,851
-2,402
-123,682
247,368
-166,900
59,728
-10,933
118,105
Deferred Taxes & Provisions
Cash flow from operations
791,077
582,492
-366,344
289,665
691,904
-526,826
39,422
278,001
22,634
152,039
70,962
Investing Activities
capital expenditure
-1,095
-32,930
-297,765
-32,486
-23,931
-6,000
-45,387
-171,652
-274,957
-67,895
-54,175
Change in Investments
154,658
cash flow from investments
-155,753
-32,930
-297,765
-32,486
-23,931
-6,000
-45,387
-171,652
-274,957
-67,895
-54,175
Financing Activities
Bank loans
-108,939
7,206
71,404
30,329
Group/Directors Accounts
Other Short Term Loans
Long term loans
-480,115
-106,567
340,796
213,212
32,674
-105,177
50,848
-88,205
142,534
Hire Purchase and Lease Commitments
other long term liabilities
-47,195
47,195
share issue
99,999
1
interest
11,503
-39,127
-28,768
-8,976
-297
-2,966
-4,599
-5,925
-4,161
295
42
cash flow from financing
-577,551
-138,488
383,432
234,565
-14,818
-60,948
46,249
-94,130
238,372
295
43
cash and cash equivalents
cash
57,772
411,074
-280,677
491,744
183,381
-123,999
45,718
6,785
-13,951
84,439
16,830
overdraft
change in cash
57,772
411,074
-280,677
491,744
183,381
-123,999
45,718
6,785
-13,951
84,439
16,830
majestic meat ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for majestic meat ltd. Get real-time insights into majestic meat ltd's credit score, group structure and payment trends.
Perform a competitor analysis for majestic meat ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in BD8 area or any other competitors across 12 key performance metrics.
majestic meat ltd Ownership
MAJESTIC MEAT LTD group structure
Majestic Meat Ltd has no subsidiary companies.
Ultimate parent company
MAJESTIC MEAT LTD
08357766
MAJESTIC MEAT LTD Shareholders
The sole shareholder of Majestic Meat Ltd is Majestic Meat Holdings Ltd.
majestic meat holdings ltd
100%
majestic meat ltd directors
Majestic Meat Ltd currently has 1 director, Mr Munawar Zaman serving since Sep 2014.
10130 - Production of meat and poultry meat products
46320 - Wholesale of meat and meat products
10110 - Processing and preserving of meat
incorporation date
January 2013
age
12
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
bradford halal meat ltd (August 2014)
accountant
-
auditor
-
address
unit 2&3 york street, bradford, westyorkshire, BD8 0HR
Bank
-
Legal Advisor
-
majestic meat 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 5 charges/mortgages relating to majestic meat ltd. Currently there are 0 open charges and 5 have been satisfied in the past.
majestic meat 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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majestic meat ltdCompanies House Filings - See Documents
