warburtons 1876 limited
warburtons 1876 limited Company Information
Company Number
08409621
Website
www.warburtons.co.ukRegistered Address
back o' th' bank house, hereford street, bolton, lancashire, BL1 8HJ
Industry
Manufacture of bread; manufacture of fresh pastry goods and cakes
Telephone
0800243684
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
trustees of the w.r. warburton 1996 discretionary settlement 13.1%
william ross warburton 10.4%
View Allwarburtons 1876 limited Estimated Valuation
The estimated valuation range for warburtons 1876 limited, derived from financial data as of September 2022 and the most recent industry multiples, is between £454.6m to £721.8m
warburtons 1876 limited Estimated Valuation
The estimated valuation range for warburtons 1876 limited, derived from financial data as of September 2022 and the most recent industry multiples, is between £454.6m to £721.8m
warburtons 1876 limited Estimated Valuation
The estimated valuation range for warburtons 1876 limited, derived from financial data as of September 2022 and the most recent industry multiples, is between £454.6m to £721.8m
Get a detailed valuation report, edit figures and unlock valuation multiples.
Warburtons 1876 Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Warburtons 1876 Limited Overview
Warburtons 1876 Limited is a live company located in bolton, BL1 8HJ with a Companies House number of 08409621. It operates in the manufacture of bread sector, SIC Code 10710. Founded in February 2013, it's largest shareholder is trustees of the w.r. warburton 1996 discretionary settlement with a 13.1% stake. Warburtons 1876 Limited is a established, mega sized company, Pomanda has estimated its turnover at £605.8m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Warburtons 1876 Limited Health Check
Pomanda's financial health check has awarded Warburtons 1876 Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £605.8m, make it larger than the average company (£14m)
£605.8m - Warburtons 1876 Limited
£14m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (4.3%)
6% - Warburtons 1876 Limited
4.3% - Industry AVG
Production
with a gross margin of 30.1%, this company has a comparable cost of product (30.1%)
30.1% - Warburtons 1876 Limited
30.1% - Industry AVG
Profitability
an operating margin of 1.2% make it less profitable than the average company (4.9%)
1.2% - Warburtons 1876 Limited
4.9% - Industry AVG
Employees
with 4985 employees, this is above the industry average (193)
4985 - Warburtons 1876 Limited
193 - Industry AVG
Pay Structure
on an average salary of £45.5k, the company has a higher pay structure (£27.2k)
£45.5k - Warburtons 1876 Limited
£27.2k - Industry AVG
Efficiency
resulting in sales per employee of £121.5k, this is more efficient (£91.3k)
£121.5k - Warburtons 1876 Limited
£91.3k - Industry AVG
Debtor Days
it gets paid by customers after 61 days, this is later than average (44 days)
61 days - Warburtons 1876 Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is quicker than average (45 days)
36 days - Warburtons 1876 Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 12 days, this is less than average (23 days)
12 days - Warburtons 1876 Limited
23 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (15 weeks)
9 weeks - Warburtons 1876 Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.6%, this is a lower level of debt than the average (55%)
42.6% - Warburtons 1876 Limited
55% - Industry AVG
warburtons 1876 limited Credit Report and Business Information
Warburtons 1876 Limited Competitor Analysis
Perform a competitor analysis for warburtons 1876 limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
warburtons 1876 limited Ownership
WARBURTONS 1876 LIMITED group structure
Warburtons 1876 Limited has 2 subsidiary companies.
Ultimate parent company
WARBURTONS 1876 LIMITED
08409621
2 subsidiaries
warburtons 1876 limited directors
Warburtons 1876 Limited currently has 3 directors. The longest serving directors include Mr William Warburton (Feb 2013) and Mr Jonathan Warburton (Feb 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Warburton | 65 years | Feb 2013 | - | Director | |
| Mr Jonathan Warburton | England | 66 years | Feb 2013 | - | Director |
| Mr William Warburton | England | 68 years | Feb 2013 | - | Director |
WARBURTONS 1876 LIMITED financials
Warburtons 1876 Limited's latest turnover from September 2022 is £605.8 million and the company has net assets of £334.2 million. According to their latest financial statements, Warburtons 1876 Limited has 4,985 employees and maintains cash reserves of £28.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 605,790,000 | 567,941,000 | 556,010,000 | 506,456,000 | 517,665,000 | 551,816,000 | 550,885,000 | 574,443,000 | 574,111,000 | 241,989,000 |
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | 7,316,000 | 17,196,000 | 28,900,000 | 16,170,000 | -1,423,000 | 32,100,000 | 45,608,000 | 35,351,000 | 32,754,000 | 16,385,000 |
| Interest Payable | 4,209,000 | 3,846,000 | 5,638,000 | 4,885,000 | 5,387,000 | 6,478,000 | 0 | 0 | 0 | 1,010,000 |
| Interest Receivable | 1,943,000 | 1,859,000 | 202,000 | 0 | 23,000 | 79,000 | 0 | 0 | 0 | 2,182,000 |
| Pre-Tax Profit | 5,111,000 | 15,250,000 | 23,622,000 | 11,256,000 | -6,637,000 | 24,642,000 | 39,689,000 | 34,438,000 | 31,840,000 | 14,942,000 |
| Tax | -4,851,000 | -6,314,000 | -7,873,000 | -5,460,000 | -3,359,000 | -8,932,000 | -10,128,000 | -11,561,000 | -12,988,000 | -5,414,000 |
| Profit After Tax | 260,000 | 8,936,000 | 15,749,000 | 5,796,000 | -9,996,000 | 15,710,000 | 29,561,000 | 22,877,000 | 18,852,000 | 9,528,000 |
| Dividends Paid | 14,708,000 | 0 | 29,418,000 | 14,708,000 | 14,708,000 | 14,708,000 | 14,708,000 | 21,179,000 | 11,252,000 | 4,045,000 |
| Retained Profit | -14,448,000 | 8,936,000 | -13,669,000 | -8,912,000 | -24,704,000 | 1,002,000 | 14,853,000 | 1,698,000 | 7,600,000 | 5,483,000 |
| Employee Costs | 227,060,000 | 217,245,000 | 205,557,000 | 188,990,000 | 194,063,000 | 195,838,000 | 189,908,000 | 189,658,000 | 193,824,000 | 75,053,000 |
| Number Of Employees | 4,985 | 4,809 | 4,874 | 4,562 | 4,742 | 4,937 | 4,824 | 4,826 | 4,740 | 2,984 |
| EBITDA* | 50,930,000 | 60,255,000 | 72,100,000 | 58,296,000 | 44,654,000 | 80,504,000 | 91,622,000 | 82,396,000 | 83,915,000 | 36,524,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 237,611,000 | 234,886,000 | 217,019,000 | 213,799,000 | 197,332,000 | 210,329,000 | 219,872,000 | 220,119,000 | 212,872,000 | 214,286,000 |
| Intangible Assets | 174,164,000 | 190,618,000 | 207,072,000 | 223,525,000 | 239,979,000 | 256,644,000 | 273,444,000 | 290,244,000 | 309,189,000 | 330,792,000 |
| Investments & Other | 921,000 | 813,000 | 319,000 | 162,000 | 192,000 | 172,000 | 159,000 | 190,000 | 188,000 | 109,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 412,696,000 | 426,317,000 | 424,410,000 | 437,486,000 | 437,503,000 | 467,145,000 | 493,475,000 | 510,553,000 | 522,249,000 | 545,187,000 |
| Stock & work in progress | 14,073,000 | 9,626,000 | 8,294,000 | 6,057,000 | 5,411,000 | 6,274,000 | 6,410,000 | 7,462,000 | 6,979,000 | 6,885,000 |
| Trade Debtors | 101,853,000 | 92,751,000 | 81,897,000 | 72,895,000 | 67,627,000 | 72,274,000 | 64,844,000 | 74,965,000 | 75,753,000 | 76,425,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 22,798,000 | 25,382,000 | 20,625,000 | 30,006,000 | 20,696,000 | 21,352,000 | 28,700,000 | 20,113,000 | 11,227,000 | 14,656,000 |
| Cash | 28,684,000 | 31,617,000 | 22,165,000 | 57,354,000 | 72,543,000 | 61,777,000 | 56,795,000 | 34,630,000 | 43,212,000 | 29,590,000 |
| misc current assets | 1,676,000 | 1,676,000 | 1,675,000 | 0 | 1,675,000 | 1,675,000 | 1,675,000 | 1,675,000 | 1,676,000 | 1,686,000 |
| total current assets | 169,084,000 | 161,052,000 | 134,656,000 | 167,987,000 | 167,952,000 | 163,352,000 | 158,424,000 | 138,845,000 | 138,847,000 | 129,242,000 |
| total assets | 581,780,000 | 587,369,000 | 559,066,000 | 605,473,000 | 605,455,000 | 630,497,000 | 651,899,000 | 649,398,000 | 661,096,000 | 674,429,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 61,035,000 | 0 | 0 | 0 | 0 | 14,987,000 | 19,945,000 |
| Trade Creditors | 42,502,000 | 40,448,000 | 30,735,000 | 21,907,000 | 23,396,000 | 21,139,000 | 15,682,000 | 22,717,000 | 29,461,000 | 32,082,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 37,500,000 | 0 | 906,000 | 0 | 0 | 0 | 0 | 1,017,000 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,000 | 79,000 | 146,000 |
| other current liabilities | 83,276,000 | 72,326,000 | 65,646,000 | 56,086,000 | 54,080,000 | 56,892,000 | 73,807,000 | 81,721,000 | 74,109,000 | 72,239,000 |
| total current liabilities | 163,278,000 | 112,774,000 | 97,287,000 | 139,028,000 | 77,476,000 | 78,031,000 | 89,489,000 | 105,468,000 | 118,636,000 | 124,412,000 |
| loans | 37,270,000 | 74,660,000 | 74,859,000 | 74,703,000 | 132,115,000 | 130,378,000 | 132,051,000 | 123,572,000 | 123,445,000 | 138,132,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,000 | 93,000 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 16,990,000 | 17,250,000 | 13,435,000 | 11,501,000 | 8,855,000 | 10,921,000 | 10,299,000 | 13,395,000 | 10,461,000 | 11,012,000 |
| total long term liabilities | 84,352,000 | 135,597,000 | 130,826,000 | 128,342,000 | 177,053,000 | 177,982,000 | 219,233,000 | 189,650,000 | 174,403,000 | 180,040,000 |
| total liabilities | 247,630,000 | 248,371,000 | 228,113,000 | 267,370,000 | 254,529,000 | 256,013,000 | 308,722,000 | 295,118,000 | 293,039,000 | 304,452,000 |
| net assets | 334,150,000 | 338,998,000 | 330,953,000 | 338,103,000 | 350,926,000 | 374,484,000 | 343,177,000 | 354,280,000 | 368,057,000 | 369,977,000 |
| total shareholders funds | 334,150,000 | 338,998,000 | 330,953,000 | 338,103,000 | 350,926,000 | 374,484,000 | 343,177,000 | 354,280,000 | 368,057,000 | 369,977,000 |
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 7,316,000 | 17,196,000 | 28,900,000 | 16,170,000 | -1,423,000 | 32,100,000 | 45,608,000 | 35,351,000 | 32,754,000 | 16,385,000 |
| Depreciation | 27,160,000 | 26,605,000 | 26,747,000 | 25,672,000 | 29,412,000 | 31,604,000 | 29,214,000 | 29,657,000 | 29,558,000 | 12,639,000 |
| Amortisation | 16,454,000 | 16,454,000 | 16,453,000 | 16,454,000 | 16,665,000 | 16,800,000 | 16,800,000 | 17,388,000 | 21,603,000 | 7,500,000 |
| Tax | -4,851,000 | -6,314,000 | -7,873,000 | -5,460,000 | -3,359,000 | -8,932,000 | -10,128,000 | -11,561,000 | -12,988,000 | -5,414,000 |
| Stock | 4,447,000 | 1,332,000 | 2,237,000 | 646,000 | -863,000 | -136,000 | -1,052,000 | 483,000 | 94,000 | 6,885,000 |
| Debtors | 6,518,000 | 15,611,000 | -379,000 | 14,578,000 | -5,303,000 | 82,000 | -1,534,000 | 8,098,000 | -4,101,000 | 91,081,000 |
| Creditors | 2,054,000 | 9,713,000 | 8,828,000 | -1,489,000 | 2,257,000 | 5,457,000 | -7,035,000 | -6,744,000 | -2,621,000 | 32,082,000 |
| Accruals and Deferred Income | 10,950,000 | 6,680,000 | 9,560,000 | 2,006,000 | -2,812,000 | -16,915,000 | -7,914,000 | 7,612,000 | 1,870,000 | 72,239,000 |
| Deferred Taxes & Provisions | -260,000 | 3,815,000 | 1,934,000 | 2,646,000 | -2,066,000 | 622,000 | -3,096,000 | 2,934,000 | -551,000 | 11,012,000 |
| Cash flow from operations | 47,858,000 | 57,206,000 | 82,691,000 | 40,775,000 | 44,840,000 | 60,790,000 | 66,035,000 | 66,056,000 | 73,632,000 | 48,477,000 |
| Investing Activities | ||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -27,156,000 | -20,878,000 | -29,549,000 | -43,302,000 | -30,118,000 | -11,653,000 |
| Change in Investments | 108,000 | 494,000 | 157,000 | -30,000 | 20,000 | 13,000 | -31,000 | 2,000 | 79,000 | 109,000 |
| cash flow from investments | -108,000 | -494,000 | -157,000 | 30,000 | -27,176,000 | -20,891,000 | -29,518,000 | -43,304,000 | -30,197,000 | -11,762,000 |
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | -61,035,000 | 61,035,000 | 0 | 0 | 0 | -14,987,000 | -4,958,000 | 19,945,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 37,500,000 | -906,000 | 906,000 | 0 | 0 | 0 | -1,017,000 | 1,017,000 | 0 | 0 |
| Long term loans | -37,390,000 | -199,000 | 156,000 | -57,412,000 | 1,737,000 | -1,673,000 | 8,479,000 | 127,000 | -14,687,000 | 138,132,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | -13,000 | -80,000 | -146,000 | 239,000 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | -2,266,000 | -1,987,000 | -5,436,000 | -4,885,000 | -5,364,000 | -6,399,000 | 0 | 0 | 0 | 1,172,000 |
| cash flow from financing | 7,444,000 | -3,983,000 | -58,890,000 | -5,173,000 | -2,481,000 | 22,233,000 | -18,507,000 | -29,398,000 | -29,311,000 | 523,982,000 |
| cash and cash equivalents | ||||||||||
| cash | -2,933,000 | 9,452,000 | -35,189,000 | -15,189,000 | 10,766,000 | 4,982,000 | 22,165,000 | -8,582,000 | 13,622,000 | 29,590,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,933,000 | 9,452,000 | -35,189,000 | -15,189,000 | 10,766,000 | 4,982,000 | 22,165,000 | -8,582,000 | 13,622,000 | 29,590,000 |
P&L
September 2022turnover
605.8m
+7%
operating profit
7.3m
-57%
gross margin
30.1%
-2.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
334.2m
-0.01%
total assets
581.8m
-0.01%
cash
28.7m
-0.09%
net assets
Total assets minus all liabilities
Similar Companies
warburtons 1876 limited company details
company number
08409621
Type
Private limited with Share Capital
industry
10710 - Manufacture of bread; manufacture of fresh pastry goods and cakes
incorporation date
February 2013
age
11
accounts
Group
ultimate parent company
previous names
N/A
incorporated
UK
address
back o' th' bank house, hereford street, bolton, lancashire, BL1 8HJ
last accounts submitted
September 2022
warburtons 1876 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 warburtons 1876 limited. Currently there are 2 open charges and 0 have been satisfied in the past.
warburtons 1876 limited Companies House Filings - See Documents
| date | description | view/download |
|---|
