marbec meats limited
marbec meats limited Company Information
Company Number
08927340
Next Accounts
Jan 2026
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
Website
www.marbecmeats.co.ukmarbec meats limited Estimated Valuation
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
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
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
7 Strong
2 Regular
3 Weak
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
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
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
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
with 70 employees, this is above the industry average (35)
70 - Marbec Meats Limited
35 - Industry AVG
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
resulting in sales per employee of £238.6k, this is less efficient (£581.1k)
£238.6k - Marbec Meats Limited
£581.1k - Industry AVG
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
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
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
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
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
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 House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 16,705,098 | 14,822,169 | 11,304,586 | 5,982,088 | 10,453,717 | 10,751,970 | 11,229,080 | 10,398,173 | 10,362,708 | 10,415,362 |
| Other Income Or Grants | ||||||||||
| Cost Of Sales | 13,953,863 | 12,396,251 | 9,771,133 | 5,483,074 | 8,979,671 | 9,245,918 | 9,649,952 | 8,779,027 | 8,312,641 | 8,453,493 |
| Gross Profit | 2,751,235 | 2,425,918 | 1,533,453 | 499,014 | 1,474,046 | 1,506,052 | 1,579,128 | 1,619,146 | 2,050,067 | 1,961,869 |
| Admin Expenses | 1,599,096 | 1,693,879 | 1,251,404 | 862,969 | 1,327,710 | 1,232,820 | 1,347,460 | 1,187,556 | 1,107,820 | 1,140,941 |
| Operating Profit | 1,152,139 | 732,039 | 282,049 | -363,955 | 146,336 | 273,232 | 231,668 | 431,590 | 942,247 | 820,928 |
| Interest Payable | 28,211 | 74,003 | 64,443 | 59,872 | 61,519 | 60,910 | 59,656 | 68,109 | 9,387 | 15,285 |
| Interest Receivable | 290 | 2 | 1,825 | |||||||
| Pre-Tax Profit | 1,123,928 | 658,326 | 217,606 | -423,825 | 86,642 | 212,322 | 172,012 | 363,481 | 932,860 | 805,643 |
| Tax | -309,723 | -124,222 | -44,960 | 44,005 | -41,245 | -57,459 | -91,439 | -80,513 | -185,841 | -160,004 |
| Profit After Tax | 814,205 | 534,104 | 172,646 | -379,820 | 45,397 | 154,863 | 80,573 | 282,968 | 747,019 | 645,639 |
| Dividends Paid | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 10,000 | 10,000 | 58,000 | 44,800 | |
| Retained Profit | 814,205 | 530,104 | 168,646 | -383,820 | 41,397 | 150,863 | 70,573 | 272,968 | 689,019 | 600,839 |
| Employee Costs | 2,386,446 | 1,978,130 | 1,821,057 | 1,646,226 | 1,755,145 | 1,676,200 | 1,531,032 | 1,353,684 | 1,297,403 | 1,277,185 |
| Number Of Employees | 70 | 65 | 63 | 62 | 68 | 65 | 61 | 55 | 53 | 54 |
| EBITDA* | 1,412,631 | 975,756 | 522,473 | -123,369 | 389,856 | 1,051,944 | 504,700 | 681,354 | 1,186,196 | 1,076,042 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 586,313 | 574,950 | 475,983 | 478,034 | 511,458 | 549,756 | 560,398 | 568,850 | 520,870 | 535,708 |
| Intangible Assets | 1,007,500 | 1,107,500 | 1,207,500 | 1,307,500 | 1,407,500 | 1,507,500 | 1,607,500 | 1,707,500 | 1,807,500 | 1,907,500 |
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 1,593,813 | 1,682,450 | 1,683,483 | 1,785,534 | 1,918,958 | 2,057,256 | 2,167,898 | 2,276,350 | 2,328,370 | 2,443,208 |
| Stock & work in progress | 331,576 | 322,003 | 250,303 | 219,884 | 155,008 | 211,937 | 119,257 | 128,367 | 146,347 | 145,667 |
| Trade Debtors | 2,199,069 | 2,135,824 | 1,867,433 | 1,138,409 | 1,197,144 | 1,743,326 | 1,807,599 | 1,515,334 | 1,607,123 | 1,463,105 |
| Group Debtors | ||||||||||
| Misc Debtors | 105,962 | 174,043 | 143,974 | 116,236 | 113,647 | 35,849 | 89,525 | 71,009 | 80,860 | 35,732 |
| Cash | 645,628 | 43,441 | 2,372 | 35,582 | 109,541 | 144,175 | 149,943 | 551,327 | 553,912 | 449,223 |
| misc current assets | ||||||||||
| total current assets | 3,282,235 | 2,675,311 | 2,264,082 | 1,510,111 | 1,575,340 | 2,135,287 | 2,166,324 | 2,266,037 | 2,388,242 | 2,093,727 |
| total assets | 4,876,048 | 4,357,761 | 3,947,565 | 3,295,645 | 3,494,298 | 4,192,543 | 4,334,222 | 4,542,387 | 4,716,612 | 4,536,935 |
| Bank overdraft | 277,772 | |||||||||
| Bank loan | 40,000 | 40,000 | 20,000 | |||||||
| Trade Creditors | 1,093,665 | 1,143,648 | 952,785 | 598,715 | 355,381 | 757,670 | 880,560 | 766,221 | 807,425 | 741,036 |
| Group/Directors Accounts | 658,637 | |||||||||
| other short term finances | ||||||||||
| hp & lease commitments | 170,410 | 145,006 | 93,700 | 90,012 | 111,544 | 128,816 | 111,012 | 81,469 | 84,701 | 129,943 |
| other current liabilities | 492,817 | 316,967 | 385,090 | 272,754 | 424,836 | 345,767 | 511,331 | 542,156 | 758,568 | 202,470 |
| total current liabilities | 1,756,892 | 1,645,621 | 1,749,347 | 981,481 | 891,761 | 1,232,253 | 1,502,903 | 1,389,846 | 1,650,694 | 1,732,086 |
| loans | 103,333 | 143,333 | 180,000 | 1,500,852 | 1,714,573 | 2,100,000 | ||||
| hp & lease commitments | 164,262 | 156,168 | 85,237 | 54,645 | 86,066 | 109,066 | 118,041 | 88,763 | 61,387 | 103,910 |
| Accruals and Deferred Income | ||||||||||
| other liabilities | 311,950 | 359,063 | 637,580 | 690,712 | 1,066,862 | 1,079,779 | ||||
| provisions | ||||||||||
| total long term liabilities | 164,262 | 571,451 | 587,633 | 872,225 | 776,778 | 1,175,928 | 1,197,820 | 1,589,615 | 1,775,960 | 2,203,910 |
| total liabilities | 1,921,154 | 2,217,072 | 2,336,980 | 1,853,706 | 1,668,539 | 2,408,181 | 2,700,723 | 2,979,461 | 3,426,654 | 3,935,996 |
| net assets | 2,954,894 | 2,140,689 | 1,610,585 | 1,441,939 | 1,825,759 | 1,784,362 | 1,633,499 | 1,562,926 | 1,289,958 | 600,939 |
| total shareholders funds | 2,954,894 | 2,140,689 | 1,610,585 | 1,441,939 | 1,825,759 | 1,784,362 | 1,633,499 | 1,562,926 | 1,289,958 | 600,939 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 1,152,139 | 732,039 | 282,049 | -363,955 | 146,336 | 273,232 | 231,668 | 431,590 | 942,247 | 820,928 |
| Depreciation | 160,492 | 143,717 | 140,424 | 140,586 | 143,520 | 678,712 | 173,032 | 149,764 | 143,949 | 155,114 |
| Amortisation | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 |
| Tax | -309,723 | -124,222 | -44,960 | 44,005 | -41,245 | -57,459 | -91,439 | -80,513 | -185,841 | -160,004 |
| Stock | 9,573 | 71,700 | 30,419 | 64,876 | -56,929 | 92,680 | -9,110 | -17,980 | 680 | 145,667 |
| Debtors | -4,836 | 298,460 | 756,762 | -56,146 | -468,384 | -117,949 | 310,781 | -101,640 | 189,146 | 1,498,837 |
| Creditors | -49,983 | 190,863 | 354,070 | 243,334 | -402,289 | -122,890 | 114,339 | -41,204 | 66,389 | 741,036 |
| Accruals and Deferred Income | 175,850 | -68,123 | 112,336 | -152,082 | 79,069 | -165,564 | -30,825 | -216,412 | 556,098 | 202,470 |
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | 1,224,038 | 604,114 | 156,738 | 3,158 | 550,704 | 731,300 | 195,104 | 462,845 | 1,433,016 | 215,040 |
| Investing Activities | ||||||||||
| capital expenditure | -5,759 | -73,070 | 129,111 | -402,531 | ||||||
| Change in Investments | ||||||||||
| cash flow from investments | -5,759 | -73,070 | 129,111 | -402,531 | ||||||
| Financing Activities | ||||||||||
| Bank loans | -40,000 | 20,000 | 20,000 | |||||||
| Group/Directors Accounts | -658,637 | 658,637 | ||||||||
| Other Short Term Loans | ||||||||||
| Long term loans | -103,333 | -40,000 | -36,667 | 180,000 | -1,500,852 | -213,721 | -385,427 | 2,100,000 | ||
| Hire Purchase and Lease Commitments | 33,498 | 122,237 | 34,280 | -52,953 | -40,272 | 8,829 | 58,821 | 24,144 | -87,765 | 233,853 |
| other long term liabilities | -311,950 | -47,113 | -278,517 | -53,132 | -376,150 | -12,917 | 1,079,779 | |||
| share issue | ||||||||||
| 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 | -325,347 | 34,045 | -476,116 | -64,998 | -421,908 | -257,686 | -1,141,216 | 2,977,305 |
| cash and cash equivalents | ||||||||||
| cash | 602,187 | 41,069 | -33,210 | -73,959 | -34,634 | -5,768 | -401,384 | -2,585 | 104,689 | 449,223 |
| overdraft | -277,772 | 277,772 | ||||||||
| change in cash | 602,187 | 318,841 | -310,982 | -73,959 | -34,634 | -5,768 | -401,384 | -2,585 | 104,689 | 449,223 |
marbec meats limited Credit Report and Business Information
Marbec Meats Limited Competitor Analysis
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 directors
Marbec Meats Limited currently has 4 directors. The longest serving directors include Mr Martin Beckworth (Mar 2014) and Mr Alexander Beckworth (Mar 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Beckworth | England | 76 years | Mar 2014 | - | Director |
| Mr Alexander Beckworth | England | 51 years | Mar 2014 | - | Director |
| Mr Trevor Hussey | England | 72 years | Jun 2024 | - | Director |
| Mr Mohammed Ishfaq | England | 54 years | Jun 2024 | - | Director |
P&L
April 2024turnover
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 2024net 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
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.
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marbec meats limited Companies House Filings - See Documents
| date | description | view/download |
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