marbec meats limited

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marbec meats limited Company Information

Share MARBEC MEATS LIMITED

Company Number

08927340

Shareholders

mr martin beckworth

mr alexander beckworth

Group Structure

View All

Industry

Wholesale of meat and meat products

 

Registered Address

40 west market building, london central markets, london, EC1A 9PS

marbec meats limited Estimated Valuation

£6.8m

Pomanda estimates the enterprise value of MARBEC MEATS LIMITED at £6.8m based on a Turnover of £16.7m and 0.41x industry multiple (adjusted for size and gross margin).

marbec meats limited Estimated Valuation

£7.4m

Pomanda estimates the enterprise value of MARBEC MEATS LIMITED at £7.4m based on an EBITDA of £1.4m and a 5.27x industry multiple (adjusted for size and gross margin).

marbec meats limited Estimated Valuation

£6.9m

Pomanda estimates the enterprise value of MARBEC MEATS LIMITED at £6.9m based on Net Assets of £3m and 2.32x industry multiple (adjusted for liquidity).

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Marbec Meats Limited Overview

Marbec Meats Limited is a live company located in london, EC1A 9PS with a Companies House number of 08927340. It operates in the wholesale of meat and meat products sector, SIC Code 46320. Founded in March 2014, it's largest shareholder is mr martin beckworth with a 50% stake. Marbec Meats Limited is a established, mid sized company, Pomanda has estimated its turnover at £16.7m with rapid growth in recent years.

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Marbec Meats Limited Health Check

Pomanda's financial health check has awarded Marbec Meats Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £16.7m, make it smaller than the average company (£27.4m)

£16.7m - Marbec Meats Limited

£27.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 41%, show it is growing at a faster rate (11.8%)

41% - Marbec Meats Limited

11.8% - Industry AVG

production

Production

with a gross margin of 16.5%, this company has a lower cost of product (12.9%)

16.5% - Marbec Meats Limited

12.9% - Industry AVG

profitability

Profitability

an operating margin of 6.9% make it more profitable than the average company (2.7%)

6.9% - Marbec Meats Limited

2.7% - Industry AVG

employees

Employees

with 70 employees, this is above the industry average (35)

70 - Marbec Meats Limited

35 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.1k, the company has an equivalent pay structure (£40.3k)

£34.1k - Marbec Meats Limited

£40.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £238.6k, this is less efficient (£581.1k)

£238.6k - Marbec Meats Limited

£581.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 48 days, this is later than average (31 days)

48 days - Marbec Meats Limited

31 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 28 days, this is close to average (27 days)

28 days - Marbec Meats Limited

27 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 8 days, this is less than average (18 days)

8 days - Marbec Meats Limited

18 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 19 weeks, this is more cash available to meet short term requirements (15 weeks)

19 weeks - Marbec Meats Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 39.4%, this is a lower level of debt than the average (50.7%)

39.4% - Marbec Meats Limited

50.7% - Industry AVG

MARBEC MEATS LIMITED financials

EXPORTms excel logo

Marbec Meats Limited's latest turnover from April 2024 is £16.7 million and the company has net assets of £3 million. According to their latest financial statements, Marbec Meats Limited has 70 employees and maintains cash reserves of £645.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015
Turnover16,705,09814,822,16911,304,5865,982,08810,453,71710,751,97011,229,08010,398,17310,362,70810,415,362
Other Income Or Grants
Cost Of Sales13,953,86312,396,2519,771,1335,483,0748,979,6719,245,9189,649,9528,779,0278,312,6418,453,493
Gross Profit2,751,2352,425,9181,533,453499,0141,474,0461,506,0521,579,1281,619,1462,050,0671,961,869
Admin Expenses1,599,0961,693,8791,251,404862,9691,327,7101,232,8201,347,4601,187,5561,107,8201,140,941
Operating Profit1,152,139732,039282,049-363,955146,336273,232231,668431,590942,247820,928
Interest Payable28,21174,00364,44359,87261,51960,91059,65668,1099,38715,285
Interest Receivable29021,825
Pre-Tax Profit1,123,928658,326217,606-423,82586,642212,322172,012363,481932,860805,643
Tax-309,723-124,222-44,96044,005-41,245-57,459-91,439-80,513-185,841-160,004
Profit After Tax814,205534,104172,646-379,82045,397154,86380,573282,968747,019645,639
Dividends Paid4,0004,0004,0004,0004,00010,00010,00058,00044,800
Retained Profit814,205530,104168,646-383,82041,397150,86370,573272,968689,019600,839
Employee Costs2,386,4461,978,1301,821,0571,646,2261,755,1451,676,2001,531,0321,353,6841,297,4031,277,185
Number Of Employees70656362686561555354
EBITDA*1,412,631975,756522,473-123,369389,8561,051,944504,700681,3541,186,1961,076,042

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015
Tangible Assets586,313574,950475,983478,034511,458549,756560,398568,850520,870535,708
Intangible Assets1,007,5001,107,5001,207,5001,307,5001,407,5001,507,5001,607,5001,707,5001,807,5001,907,500
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,593,8131,682,4501,683,4831,785,5341,918,9582,057,2562,167,8982,276,3502,328,3702,443,208
Stock & work in progress331,576322,003250,303219,884155,008211,937119,257128,367146,347145,667
Trade Debtors2,199,0692,135,8241,867,4331,138,4091,197,1441,743,3261,807,5991,515,3341,607,1231,463,105
Group Debtors
Misc Debtors105,962174,043143,974116,236113,64735,84989,52571,00980,86035,732
Cash645,62843,4412,37235,582109,541144,175149,943551,327553,912449,223
misc current assets
total current assets3,282,2352,675,3112,264,0821,510,1111,575,3402,135,2872,166,3242,266,0372,388,2422,093,727
total assets4,876,0484,357,7613,947,5653,295,6453,494,2984,192,5434,334,2224,542,3874,716,6124,536,935
Bank overdraft277,772
Bank loan40,00040,00020,000
Trade Creditors 1,093,6651,143,648952,785598,715355,381757,670880,560766,221807,425741,036
Group/Directors Accounts658,637
other short term finances
hp & lease commitments170,410145,00693,70090,012111,544128,816111,01281,46984,701129,943
other current liabilities492,817316,967385,090272,754424,836345,767511,331542,156758,568202,470
total current liabilities1,756,8921,645,6211,749,347981,481891,7611,232,2531,502,9031,389,8461,650,6941,732,086
loans103,333143,333180,0001,500,8521,714,5732,100,000
hp & lease commitments164,262156,16885,23754,64586,066109,066118,04188,76361,387103,910
Accruals and Deferred Income
other liabilities311,950359,063637,580690,7121,066,8621,079,779
provisions
total long term liabilities164,262571,451587,633872,225776,7781,175,9281,197,8201,589,6151,775,9602,203,910
total liabilities1,921,1542,217,0722,336,9801,853,7061,668,5392,408,1812,700,7232,979,4613,426,6543,935,996
net assets2,954,8942,140,6891,610,5851,441,9391,825,7591,784,3621,633,4991,562,9261,289,958600,939
total shareholders funds2,954,8942,140,6891,610,5851,441,9391,825,7591,784,3621,633,4991,562,9261,289,958600,939
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015
Operating Activities
Operating Profit1,152,139732,039282,049-363,955146,336273,232231,668431,590942,247820,928
Depreciation160,492143,717140,424140,586143,520678,712173,032149,764143,949155,114
Amortisation100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000
Tax-309,723-124,222-44,96044,005-41,245-57,459-91,439-80,513-185,841-160,004
Stock9,57371,70030,41964,876-56,92992,680-9,110-17,980680145,667
Debtors-4,836298,460756,762-56,146-468,384-117,949310,781-101,640189,1461,498,837
Creditors-49,983190,863354,070243,334-402,289-122,890114,339-41,20466,389741,036
Accruals and Deferred Income175,850-68,123112,336-152,08279,069-165,564-30,825-216,412556,098202,470
Deferred Taxes & Provisions
Cash flow from operations1,224,038604,114156,7383,158550,704731,300195,104462,8451,433,016215,040
Investing Activities
capital expenditure-5,759-73,070129,111-402,531
Change in Investments
cash flow from investments-5,759-73,070129,111-402,531
Financing Activities
Bank loans-40,00020,00020,000
Group/Directors Accounts-658,637658,637
Other Short Term Loans
Long term loans-103,333-40,000-36,667180,000-1,500,852-213,721-385,4272,100,000
Hire Purchase and Lease Commitments33,498122,23734,280-52,953-40,2728,82958,82124,144-87,765233,853
other long term liabilities-311,950-47,113-278,517-53,132-376,150-12,9171,079,779
share issue100
interest-28,211-73,713-64,443-59,870-59,694-60,910-59,656-68,109-9,387-15,285
cash flow from financing-449,996-38,589-325,34734,045-476,116-64,998-421,908-257,686-1,141,2162,977,305
cash and cash equivalents
cash602,18741,069-33,210-73,959-34,634-5,768-401,384-2,585104,689449,223
overdraft-277,772277,772
change in cash602,187318,841-310,982-73,959-34,634-5,768-401,384-2,585104,689449,223

marbec meats limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Marbec Meats Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for marbec meats limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in EC1A area or any other competitors across 12 key performance metrics.

marbec meats limited Ownership

MARBEC MEATS LIMITED group structure

Marbec Meats Limited has no subsidiary companies.

Ultimate parent company

MARBEC MEATS LIMITED

08927340

MARBEC MEATS LIMITED Shareholders

mr martin beckworth 50%
mr alexander beckworth 50%

marbec meats limited directors

Marbec Meats Limited currently has 4 directors. The longest serving directors include Mr Martin Beckworth (Mar 2014) and Mr Alexander Beckworth (Mar 2014).

officercountryagestartendrole
Mr Martin BeckworthEngland76 years Mar 2014- Director
Mr Alexander BeckworthEngland51 years Mar 2014- Director
Mr Trevor HusseyEngland72 years Jun 2024- Director
Mr Mohammed IshfaqEngland54 years Jun 2024- Director

P&L

April 2024

turnover

16.7m

+13%

operating profit

1.2m

+57%

gross margin

16.5%

+0.63%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2024

net assets

3m

+0.38%

total assets

4.9m

+0.12%

cash

645.6k

+13.86%

net assets

Total assets minus all liabilities

marbec meats limited company details

company number

08927340

Type

Private limited with Share Capital

industry

46320 - Wholesale of meat and meat products

incorporation date

March 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Full Accounts

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

BARNES ROFFE LLP

address

40 west market building, london central markets, london, EC1A 9PS

Bank

-

Legal Advisor

-

marbec meats 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 1 charges/mortgages relating to marbec meats limited. Currently there are 0 open charges and 1 have been satisfied in the past.

marbec meats 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 MARBEC MEATS LIMITED. This can take several minutes, an email will notify you when this has completed.

marbec meats limited Companies House Filings - See Documents

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