Pomanda estimates the enterprise value of CREDITON DAIRY LIMITED at £247.1m based on a Turnover of £111.3m and 2.22x industry multiple (adjusted for size and gross margin).
crediton dairy limitedEstimated Valuation
£261m
Pomanda estimates the enterprise value of CREDITON DAIRY LIMITED at £261m based on an EBITDA of £13.8m and a 18.89x industry multiple (adjusted for size and gross margin).
crediton dairy limitedEstimated Valuation
£107.3m
Pomanda estimates the enterprise value of CREDITON DAIRY LIMITED at £107.3m based on Net Assets of £46m and 2.33x industry multiple (adjusted for liquidity).
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Crediton Dairy LimitedOverview
Crediton Dairy Limited is a live company located in devon, EX17 2AH with a Companies House number of 08490730. It operates in the liquid milk and cream production sector, SIC Code 10511. Founded in April 2013, it's largest shareholder is
regal holdings unlimited
with a 100% stake. Crediton Dairy Limited is a established,
mega sized company, Pomanda has estimated its turnover at
£111.3m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Crediton Dairy Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
8 Strong
1 Regular
3 Weak
Size
annual sales of £111.3m, make it larger than the average company (£85.5m)
£111.3m - Crediton Dairy Limited
£85.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (11.1%)
14% - Crediton Dairy Limited
11.1% - Industry AVG
Production
with a gross margin of 41.2%, this company has a lower cost of product (14.9%)
41.2% - Crediton Dairy Limited
14.9% - Industry AVG
Profitability
an operating margin of 9.9% make it more profitable than the average company (1.8%)
9.9% - Crediton Dairy Limited
1.8% - Industry AVG
Employees
with 201 employees, this is above the industry average (143)
201 - Crediton Dairy Limited
143 - Industry AVG
Pay Structure
on an average salary of £56.1k, the company has a higher pay structure (£40.1k)
£56.1k - Crediton Dairy Limited
£40.1k - Industry AVG
Efficiency
resulting in sales per employee of £553.6k, this is equally as efficient (£574k)
£553.6k - Crediton Dairy Limited
£574k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is later than average (32 days)
57 days - Crediton Dairy Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 46 days, this is slower than average (30 days)
46 days - Crediton Dairy Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 56 days, this is more than average (16 days)
56 days - Crediton Dairy Limited
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 51 weeks, this is more cash available to meet short term requirements (2 weeks)
51 weeks - Crediton Dairy Limited
2 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.7%, this is a lower level of debt than the average (64.5%)
31.7% - Crediton Dairy Limited
64.5% - Industry AVG
CREDITON DAIRY LIMITED financials
EXPORT
Crediton Dairy Limited's latest turnover from December 2023 is £111.3 million and the company has net assets of £46 million. According to their latest financial statements, Crediton Dairy Limited has 201 employees and maintains cash reserves of £18.9 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Jan 2022
Jan 2021
Jan 2020
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Turnover
111,269,000
114,050,000
101,536,000
87,332,000
74,485,000
69,682,000
68,465,000
62,389,000
58,764,000
63,028,000
28,097,000
Other Income Or Grants
Cost Of Sales
65,442,000
71,640,000
64,681,000
54,868,000
49,386,000
44,829,000
44,527,000
38,732,000
37,494,000
45,107,000
20,510,000
Gross Profit
45,827,000
42,410,000
36,855,000
32,464,000
25,099,000
24,853,000
23,938,000
23,657,000
21,270,000
17,921,000
7,587,000
Admin Expenses
34,771,000
32,807,000
27,157,000
22,637,000
20,587,000
18,583,000
17,875,000
16,565,000
14,770,000
14,108,000
5,628,000
Operating Profit
11,056,000
9,603,000
9,698,000
9,827,000
4,512,000
6,270,000
6,063,000
7,092,000
6,500,000
3,813,000
1,959,000
Interest Payable
53,000
48,000
71,000
40,000
66,000
68,000
66,000
137,000
454,000
213,000
104,000
Interest Receivable
898,000
79,000
7,000
1,000
8,000
39,000
10,000
Pre-Tax Profit
11,901,000
9,634,000
9,634,000
9,788,000
4,454,000
6,241,000
6,007,000
6,955,000
6,046,000
3,600,000
1,855,000
Tax
-2,870,000
-1,722,000
-1,838,000
-1,878,000
-706,000
-1,079,000
-1,013,000
-1,226,000
-1,155,000
-666,000
-384,000
Profit After Tax
9,031,000
7,912,000
7,796,000
7,910,000
3,748,000
5,162,000
4,994,000
5,729,000
4,891,000
2,934,000
1,471,000
Dividends Paid
1,570,000
1,500,000
817,000
806,000
788,000
750,000
875,000
750,000
Retained Profit
7,461,000
6,412,000
6,979,000
7,104,000
2,960,000
4,412,000
4,119,000
4,979,000
4,891,000
2,934,000
1,471,000
Employee Costs
11,273,000
9,624,000
8,636,000
7,677,000
6,692,000
6,347,000
5,618,000
5,197,000
4,492,000
4,362,000
1,792,000
Number Of Employees
201
193
175
148
145
137
125
120
106
108
113
EBITDA*
13,817,000
12,465,000
12,537,000
12,147,000
6,567,000
8,404,000
7,997,000
8,882,000
8,053,000
5,113,000
2,465,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Jan 2022
Jan 2021
Jan 2020
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Tangible Assets
16,326,000
15,742,000
17,140,000
22,330,000
16,935,000
10,564,000
10,412,000
10,723,000
11,387,000
9,914,000
6,703,000
Intangible Assets
-234,000
-628,000
-1,810,000
-2,204,000
-2,598,000
-2,992,000
-3,386,000
-3,780,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
16,326,000
15,508,000
16,512,000
22,330,000
16,935,000
8,754,000
8,208,000
8,125,000
8,395,000
6,528,000
2,923,000
Stock & work in progress
10,174,000
11,863,000
8,224,000
7,606,000
6,291,000
5,468,000
4,446,000
3,618,000
3,774,000
3,667,000
4,003,000
Trade Debtors
17,469,000
16,544,000
14,185,000
9,419,000
8,213,000
7,636,000
7,845,000
7,223,000
6,389,000
6,473,000
6,138,000
Group Debtors
1,412,000
3,119,000
Misc Debtors
3,025,000
2,524,000
2,654,000
1,327,000
1,910,000
2,046,000
1,252,000
1,313,000
1,001,000
1,542,000
584,000
Cash
18,933,000
12,814,000
9,494,000
4,908,000
1,964,000
9,722,000
6,220,000
2,612,000
397,000
348,000
115,000
misc current assets
total current assets
51,013,000
46,864,000
34,557,000
23,260,000
18,378,000
24,872,000
19,763,000
14,766,000
11,561,000
12,030,000
10,840,000
total assets
67,339,000
62,372,000
51,069,000
45,590,000
35,313,000
33,626,000
27,971,000
22,891,000
19,956,000
18,558,000
13,763,000
Bank overdraft
2,419,000
1,424,000
2,612,000
Bank loan
Trade Creditors
8,318,000
6,840,000
5,775,000
5,177,000
3,753,000
3,817,000
2,953,000
1,407,000
2,040,000
4,649,000
4,455,000
Group/Directors Accounts
2,449,000
4,863,000
3,551,000
other short term finances
225,000
418,000
169,000
hp & lease commitments
1,223,000
1,601,000
1,854,000
341,000
844,000
110,000
166,000
other current liabilities
7,051,000
8,580,000
5,884,000
5,087,000
4,163,000
5,424,000
4,165,000
4,662,000
3,334,000
3,811,000
1,357,000
total current liabilities
19,041,000
22,109,000
17,064,000
10,605,000
8,334,000
9,241,000
7,962,000
6,179,000
7,959,000
10,053,000
8,424,000
loans
225,000
225,000
250,000
492,000
492,000
492,000
492,000
492,000
483,000
hp & lease commitments
1,966,000
811,000
778,000
2,641,000
2,517,000
Accruals and Deferred Income
other liabilities
1,022,000
1,416,000
provisions
2,057,000
1,708,000
1,637,000
1,078,000
736,000
473,000
518,000
537,000
646,000
511,000
418,000
total long term liabilities
2,282,000
1,708,000
1,862,000
4,316,000
2,152,000
965,000
1,010,000
1,840,000
1,916,000
3,644,000
3,418,000
total liabilities
21,323,000
23,817,000
18,926,000
14,921,000
10,486,000
10,206,000
8,972,000
8,019,000
9,875,000
13,697,000
11,842,000
net assets
46,016,000
38,555,000
32,143,000
30,669,000
24,827,000
23,420,000
18,999,000
14,872,000
10,081,000
4,861,000
1,921,000
total shareholders funds
46,016,000
38,555,000
32,143,000
30,669,000
24,827,000
23,420,000
18,999,000
14,872,000
10,081,000
4,861,000
1,921,000
Dec 2023
Dec 2022
Jan 2022
Jan 2021
Jan 2020
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Operating Activities
Operating Profit
11,056,000
9,603,000
9,698,000
9,827,000
4,512,000
6,270,000
6,063,000
7,092,000
6,500,000
3,813,000
1,959,000
Depreciation
2,527,000
2,468,000
2,445,000
1,926,000
1,661,000
1,740,000
1,540,000
1,396,000
1,159,000
906,000
342,000
Amortisation
234,000
394,000
394,000
394,000
394,000
394,000
394,000
394,000
394,000
394,000
164,000
Tax
-2,870,000
-1,722,000
-1,838,000
-1,878,000
-706,000
-1,079,000
-1,013,000
-1,226,000
-1,155,000
-666,000
-384,000
Stock
-1,689,000
4,257,000
618,000
1,315,000
6,291,000
1,022,000
828,000
-156,000
107,000
-336,000
4,003,000
Debtors
-281,000
11,441,000
6,093,000
623,000
10,123,000
585,000
561,000
1,146,000
-625,000
1,293,000
6,722,000
Creditors
1,478,000
1,663,000
598,000
1,424,000
3,753,000
864,000
1,546,000
-633,000
-2,609,000
194,000
4,455,000
Accruals and Deferred Income
-1,529,000
3,493,000
797,000
924,000
4,163,000
1,259,000
-497,000
1,328,000
-477,000
2,454,000
1,357,000
Deferred Taxes & Provisions
349,000
630,000
559,000
342,000
736,000
-45,000
-19,000
-109,000
135,000
93,000
418,000
Cash flow from operations
13,215,000
831,000
5,942,000
11,021,000
-1,901,000
7,796,000
6,625,000
7,252,000
4,465,000
6,231,000
-2,414,000
Investing Activities
capital expenditure
2,979,000
-1,764,000
-1,204,000
-732,000
-4,700,000
Change in Investments
cash flow from investments
2,979,000
-1,764,000
-1,204,000
-732,000
-4,700,000
Financing Activities
Bank loans
Group/Directors Accounts
-2,414,000
4,863,000
3,551,000
Other Short Term Loans
-225,000
225,000
-418,000
418,000
-169,000
169,000
Long term loans
225,000
-250,000
-25,000
250,000
9,000
483,000
Hire Purchase and Lease Commitments
-378,000
-706,000
-453,000
2,307,000
-844,000
-77,000
-23,000
-1,697,000
124,000
2,517,000
other long term liabilities
-1,022,000
-1,022,000
-394,000
1,416,000
share issue
1,474,000
-5,505,000
-1,262,000
21,867,000
9,000
8,000
-188,000
329,000
6,000
450,000
interest
845,000
31,000
-64,000
-39,000
-58,000
-29,000
-56,000
-137,000
-454,000
-213,000
-104,000
cash flow from financing
-1,947,000
4,615,000
-3,518,000
444,000
23,643,000
-864,000
-125,000
-348,000
-1,991,000
95,000
3,346,000
cash and cash equivalents
cash
6,119,000
7,906,000
4,586,000
2,944,000
1,964,000
3,502,000
3,608,000
2,215,000
49,000
233,000
115,000
overdraft
-2,419,000
995,000
-1,188,000
2,612,000
change in cash
6,119,000
7,906,000
4,586,000
2,944,000
1,964,000
3,502,000
3,608,000
4,634,000
-946,000
1,421,000
-2,497,000
crediton dairy limited 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 crediton dairy limited. Get real-time insights into crediton dairy limited's credit score, group structure and payment trends.
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crediton dairy limited Ownership
CREDITON DAIRY LIMITED group structure
Crediton Dairy Limited has no subsidiary companies.
Ultimate parent company
REGAL HOLDINGS UNLIMITED
#0172588
1 parent
CREDITON DAIRY LIMITED
08490730
CREDITON DAIRY LIMITED Shareholders
The sole shareholder of Crediton Dairy Limited is Regal Holdings Unlimited.
regal holdings unlimited
100%
crediton dairy limited directors
Crediton Dairy Limited currently has 2 directors.
The longest serving directors include
Mr Neil Kennedy (Apr 2013) and
Mr Timothy Smiddy (May 2013).
head office church lane, crediton, devon, EX17 2AH
Bank
LLOYDS BANKING GROUP
Legal Advisor
MICHELMORES LLP
crediton dairy 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 crediton dairy limited. Currently there are 0 open charges and 2 have been satisfied in the past.
crediton dairy 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 CREDITON DAIRY LIMITED. This can take several minutes, an email will notify you when this has completed.
crediton dairy limitedCompanies House Filings - See Documents
