Pomanda estimates the enterprise value of HERITAGE FROZEN FOODS LIMITED at £31.8k based on a Turnover of £70k and 0.45x industry multiple (adjusted for size and gross margin).
heritage frozen foods limitedEstimated Valuation
£2.1m
Pomanda estimates the enterprise value of HERITAGE FROZEN FOODS LIMITED at £2.1m based on an EBITDA of £567.3k and a 3.74x industry multiple (adjusted for size and gross margin).
heritage frozen foods limitedEstimated Valuation
£4.1m
Pomanda estimates the enterprise value of HERITAGE FROZEN FOODS LIMITED at £4.1m based on Net Assets of £1.6m and 2.54x industry multiple (adjusted for liquidity).
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Heritage Frozen Foods LimitedOverview
Heritage Frozen Foods Limited is a live company located in gwent, NP7 5NW with a Companies House number of 08976037. It operates in the other food services sector, SIC Code 56290. Founded in April 2014, it's largest shareholder is
joseph david gittins jones
with a 80% stake. Heritage Frozen Foods Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£70k with
declining
growth in recent years.
Pomanda's financial health check has awarded Heritage Frozen Foods Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
3 Strong
3 Regular
3 Weak
Size
annual sales of £70k, make it smaller than the average company (£1.9m)
£70k - Heritage Frozen Foods Limited
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -72%, show it is growing at a slower rate (9.4%)
-72% - Heritage Frozen Foods Limited
9.4% - Industry AVG
Production
with a gross margin of 26.4%, this company has a comparable cost of product (26.4%)
26.4% - Heritage Frozen Foods Limited
26.4% - Industry AVG
Profitability
an operating margin of 810.6% make it more profitable than the average company (2.9%)
810.6% - Heritage Frozen Foods Limited
2.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (25)
1 - Heritage Frozen Foods Limited
25 - Industry AVG
Pay Structure
on an average salary of £24k, the company has an equivalent pay structure (£24k)
£24k - Heritage Frozen Foods Limited
£24k - Industry AVG
Efficiency
resulting in sales per employee of £70k, this is equally as efficient (£70k)
£70k - Heritage Frozen Foods Limited
£70k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Heritage Frozen Foods Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Heritage Frozen Foods Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Heritage Frozen Foods Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 930 weeks, this is more cash available to meet short term requirements (21 weeks)
930 weeks - Heritage Frozen Foods Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.2%, this is a lower level of debt than the average (66.6%)
3.2% - Heritage Frozen Foods Limited
66.6% - Industry AVG
HERITAGE FROZEN FOODS LIMITED financials
EXPORT
Heritage Frozen Foods Limited's latest turnover from November 2023 is estimated at £70 thousand and the company has net assets of £1.6 million. According to their latest financial statements, Heritage Frozen Foods Limited has 1 employee and maintains cash reserves of £935 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Sep 2014
Turnover
69,981
61,003
3,505,704
3,222,318
2,399,932
2,461,417
3,198,731
2,316,167
2,202,110
1,433,572
Other Income Or Grants
Cost Of Sales
51,535
43,776
2,585,446
2,375,964
1,736,677
1,810,293
2,248,817
1,699,773
1,676,139
1,056,400
Gross Profit
18,446
17,227
920,258
846,354
663,256
651,124
949,914
616,393
525,971
377,172
Admin Expenses
-548,813
-1,180,308
905,683
752,388
607,382
625,480
942,506
603,887
508,982
364,409
Operating Profit
567,259
1,197,535
14,575
93,966
55,874
25,644
7,408
12,506
16,989
12,763
Interest Payable
3,473
8,888
13,912
8,142
Interest Receivable
38,726
11,239
135
44
181
108
34
14
23
10
Pre-Tax Profit
605,985
1,208,774
14,710
94,010
56,056
25,752
3,969
3,633
3,100
4,632
Tax
-151,496
-229,667
-2,795
-17,862
-10,651
-4,893
-754
-726
-620
-973
Profit After Tax
454,489
979,107
11,915
76,148
45,405
20,859
3,215
2,906
2,480
3,659
Dividends Paid
Retained Profit
454,489
979,107
11,915
76,148
45,405
20,859
3,215
2,906
2,480
3,659
Employee Costs
24,007
21,352
20,564
19,290
42,318
44,262
1,139,525
880,296
655,952
289,133
Number Of Employees
1
1
1
1
2
2
56
42
29
13
EBITDA*
567,259
1,197,535
14,575
93,966
55,874
25,644
7,408
12,506
16,989
12,763
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Sep 2014
Tangible Assets
Intangible Assets
Investments & Other
717,432
717,432
717,432
717,432
717,432
717,432
717,432
717,432
717,432
717,432
Debtors (Due After 1 year)
Total Fixed Assets
717,432
717,432
717,432
717,432
717,432
717,432
717,432
717,432
717,432
717,432
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
Cash
934,982
540,310
208,984
61,122
27,200
21,159
7,510
6,126
5,163
4,040
misc current assets
total current assets
934,982
540,310
208,984
61,122
27,200
21,159
7,510
6,126
5,163
4,040
total assets
1,652,414
1,257,742
926,416
778,554
744,632
738,591
724,942
723,558
722,595
721,472
Bank overdraft
Bank loan
Trade Creditors
759,827
612,365
583,333
551,532
489,911
331,706
262,980
191,360
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
52,229
112,046
total current liabilities
52,229
112,046
759,827
612,365
583,333
551,532
489,911
331,706
262,980
191,360
loans
106,865
177,535
250,512
hp & lease commitments
Accruals and Deferred Income
other liabilities
11,515
82,773
153,840
222,671
275,842
275,841
275,841
provisions
total long term liabilities
11,515
82,773
153,840
222,671
382,707
453,376
526,353
total liabilities
52,229
112,046
759,827
623,880
666,106
705,372
712,582
714,413
716,356
717,713
net assets
1,600,185
1,145,696
166,589
154,674
78,526
33,219
12,360
9,145
6,239
3,759
total shareholders funds
1,600,185
1,145,696
166,589
154,674
78,526
33,219
12,360
9,145
6,239
3,759
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Sep 2014
Operating Activities
Operating Profit
567,259
1,197,535
14,575
93,966
55,874
25,644
7,408
12,506
16,989
12,763
Depreciation
Amortisation
Tax
-151,496
-229,667
-2,795
-17,862
-10,651
-4,893
-754
-726
-620
-973
Stock
Debtors
Creditors
-759,827
147,462
29,032
31,801
61,621
158,205
68,726
71,620
191,360
Accruals and Deferred Income
-59,817
112,046
Deferred Taxes & Provisions
Cash flow from operations
355,946
320,087
159,242
105,136
77,024
82,372
164,859
80,506
87,989
203,150
Investing Activities
capital expenditure
Change in Investments
717,432
cash flow from investments
-717,432
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-106,865
-70,670
-72,977
250,512
Hire Purchase and Lease Commitments
other long term liabilities
-11,515
-71,258
-71,067
-68,831
-53,171
1
275,841
share issue
-98
100
interest
38,726
11,239
135
44
181
108
-3,439
-8,874
-13,889
-8,132
cash flow from financing
38,726
11,239
-11,380
-71,214
-70,984
-68,723
-163,475
-79,543
-86,866
518,321
cash and cash equivalents
cash
394,672
331,326
147,862
33,922
6,041
13,649
1,384
963
1,123
4,040
overdraft
change in cash
394,672
331,326
147,862
33,922
6,041
13,649
1,384
963
1,123
4,040
heritage frozen foods 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 heritage frozen foods limited. Get real-time insights into heritage frozen foods limited's credit score, group structure and payment trends.
Perform a competitor analysis for heritage frozen foods limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in NP7 area or any other competitors across 12 key performance metrics.
heritage frozen foods limited Ownership
HERITAGE FROZEN FOODS LIMITED group structure
Heritage Frozen Foods Limited has 2 subsidiary companies.
The largest shareholders in Heritage Frozen Foods Limited include Joseph David Gittins Jones and Samantha Gittins Jones.
joseph david gittins jones
80%
samantha gittins jones
20%
heritage frozen foods limited directors
Heritage Frozen Foods Limited currently has 2 directors.
The longest serving directors include
Mr Joseph Gittins Jones (Apr 2014) and
Mr Joseph Gittins-Jones (Apr 2014).
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 4 charges/mortgages relating to heritage frozen foods limited. Currently there are 3 open charges and 1 have been satisfied in the past.
heritage frozen foods 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 HERITAGE FROZEN FOODS LIMITED. This can take several minutes, an email will notify you when this has completed.
heritage frozen foods limitedCompanies House Filings - See Documents
