ahmed foods distribution limited
ahmed foods distribution limited Company Information
Company Number
09178716
Website
www.ahmedfoods.co.ukRegistered Address
carter gear works, thornbury road, bradford, west yorkshire, BD3 8HE
Industry
Non-specialised wholesale of food, beverages and tobacco
Telephone
01274665893
Next Accounts Due
May 2024
Group Structure
View All
Shareholders
tanweer ahmed 80%
shazia ahmed 20%
ahmed foods distribution limited Estimated Valuation
Pomanda estimates the enterprise value of AHMED FOODS DISTRIBUTION LIMITED at £2.7m based on a Turnover of £10.3m and 0.26x industry multiple (adjusted for size and gross margin).
ahmed foods distribution limited Estimated Valuation
Pomanda estimates the enterprise value of AHMED FOODS DISTRIBUTION LIMITED at £1.4m based on an EBITDA of £368.3k and a 3.77x industry multiple (adjusted for size and gross margin).
ahmed foods distribution limited Estimated Valuation
Pomanda estimates the enterprise value of AHMED FOODS DISTRIBUTION LIMITED at £1.7m based on Net Assets of £917.1k and 1.86x industry multiple (adjusted for liquidity).
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Ahmed Foods Distribution Limited Overview
Ahmed Foods Distribution Limited is a live company located in bradford, BD3 8HE with a Companies House number of 09178716. It operates in the non-specialised wholesale of food, beverages and tobacco sector, SIC Code 46390. Founded in August 2014, it's largest shareholder is tanweer ahmed with a 80% stake. Ahmed Foods Distribution Limited is a established, mid sized company, Pomanda has estimated its turnover at £10.3m with low growth in recent years.
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Ahmed Foods Distribution Limited Health Check
Pomanda's financial health check has awarded Ahmed Foods Distribution Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
6 Weak
Size
annual sales of £10.3m, make it smaller than the average company (£27.7m)
- Ahmed Foods Distribution Limited
£27.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (3.8%)
- Ahmed Foods Distribution Limited
3.8% - Industry AVG
Production
with a gross margin of 20.3%, this company has a comparable cost of product (20.3%)
- Ahmed Foods Distribution Limited
20.3% - Industry AVG
Profitability
an operating margin of 2.3% make it less profitable than the average company (3.3%)
- Ahmed Foods Distribution Limited
3.3% - Industry AVG
Employees
with 29 employees, this is below the industry average (70)
29 - Ahmed Foods Distribution Limited
70 - Industry AVG
Pay Structure
on an average salary of £35k, the company has an equivalent pay structure (£35k)
- Ahmed Foods Distribution Limited
£35k - Industry AVG
Efficiency
resulting in sales per employee of £356.1k, this is equally as efficient (£362.6k)
- Ahmed Foods Distribution Limited
£362.6k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is later than average (40 days)
- Ahmed Foods Distribution Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 64 days, this is slower than average (39 days)
- Ahmed Foods Distribution Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 26 days, this is less than average (40 days)
- Ahmed Foods Distribution Limited
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is more cash available to meet short term requirements (8 weeks)
15 weeks - Ahmed Foods Distribution Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.7%, this is a higher level of debt than the average (59.4%)
69.7% - Ahmed Foods Distribution Limited
59.4% - Industry AVG
ahmed foods distribution limited Credit Report and Business Information
Ahmed Foods Distribution Limited Competitor Analysis
Perform a competitor analysis for ahmed foods distribution limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
ahmed foods distribution limited Ownership
AHMED FOODS DISTRIBUTION LIMITED group structure
Ahmed Foods Distribution Limited has no subsidiary companies.
Ultimate parent company
AHMED FOODS DISTRIBUTION LIMITED
09178716
ahmed foods distribution limited directors
Ahmed Foods Distribution Limited currently has 2 directors. The longest serving directors include Mr Khurshid Ahmed (Aug 2014) and Mr Tanweer Ahmed (Aug 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Khurshid Ahmed | England | 61 years | Aug 2014 | - | Director |
| Mr Tanweer Ahmed | England | 54 years | Aug 2014 | - | Director |
AHMED FOODS DISTRIBUTION LIMITED financials
Ahmed Foods Distribution Limited's latest turnover from August 2022 is estimated at £10.3 million and the company has net assets of £917.1 thousand. According to their latest financial statements, Ahmed Foods Distribution Limited has 29 employees and maintains cash reserves of £455.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | ||||||||
| Tax | ||||||||
| Profit After Tax | ||||||||
| Dividends Paid | ||||||||
| Retained Profit | ||||||||
| Employee Costs | ||||||||
| Number Of Employees | 29 | 29 | 25 | 31 | 29 | 29 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 157,917 | 103,944 | 96,318 | 81,155 | 88,916 | 89,556 | 61,228 | 41,606 |
| Intangible Assets | 170,000 | 255,000 | 340,000 | 425,000 | 510,000 | 595,000 | 680,000 | 765,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 327,917 | 358,944 | 436,318 | 506,155 | 598,916 | 684,556 | 741,228 | 806,606 |
| Stock & work in progress | 594,412 | 406,370 | 342,708 | 583,850 | 591,110 | 572,288 | 517,924 | 493,927 |
| Trade Debtors | 1,621,082 | 1,582,801 | 1,307,815 | 1,253,009 | 1,122,678 | 1,021,938 | 699,430 | 1,190,737 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 26,420 | 7,269 | 14,366 | 29,366 | 46,101 | 0 | 0 | 0 |
| Cash | 455,556 | 236,454 | 562,685 | 336,300 | 270,927 | 490,088 | 700,429 | 385,705 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,697,470 | 2,232,894 | 2,227,574 | 2,202,525 | 2,030,816 | 2,084,314 | 1,917,783 | 2,070,369 |
| total assets | 3,025,387 | 2,591,838 | 2,663,892 | 2,708,680 | 2,629,732 | 2,768,870 | 2,659,011 | 2,876,975 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,459,258 | 1,261,423 | 1,251,213 | 1,322,028 | 1,188,866 | 1,286,264 | 1,125,667 | 1,229,623 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 52,117 | 21,667 | 36,068 | 37,204 | 29,391 | 13,762 | 0 | 0 |
| total current liabilities | 1,511,375 | 1,283,090 | 1,287,281 | 1,359,232 | 1,218,257 | 1,300,026 | 1,125,667 | 1,229,623 |
| loans | 0 | 0 | 0 | 680,047 | 748,033 | 835,568 | 966,013 | 1,321,105 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 569,914 | 589,365 | 703,571 | 0 | 0 | 0 | 0 | 0 |
| provisions | 27,030 | 0 | 7,351 | 10,024 | 0 | 0 | 0 | 0 |
| total long term liabilities | 596,944 | 589,365 | 710,922 | 690,071 | 748,033 | 835,568 | 966,013 | 1,321,105 |
| total liabilities | 2,108,319 | 1,872,455 | 1,998,203 | 2,049,303 | 1,966,290 | 2,135,594 | 2,091,680 | 2,550,728 |
| net assets | 917,068 | 719,383 | 665,689 | 659,377 | 663,442 | 633,276 | 567,331 | 326,247 |
| total shareholders funds | 917,068 | 719,383 | 665,689 | 659,377 | 663,442 | 633,276 | 567,331 | 326,247 |
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 45,294 | 26,006 | 21,940 | 20,614 | 21,640 | 20,442 | 16,988 | 13,253 |
| Amortisation | 85,000 | 85,000 | 85,000 | 85,000 | 85,000 | 8,500 | 85,000 | 85,000 |
| Tax | ||||||||
| Stock | 188,042 | 63,662 | -241,142 | -7,260 | 18,822 | 54,364 | 23,997 | 493,927 |
| Debtors | 57,432 | 267,889 | 39,806 | 113,596 | 146,841 | 322,508 | -491,307 | 1,190,737 |
| Creditors | 197,835 | 10,210 | -70,815 | 133,162 | -97,398 | 160,597 | -103,956 | 1,229,623 |
| Accruals and Deferred Income | 30,450 | -14,401 | -1,136 | 7,813 | 15,629 | 13,762 | 0 | 0 |
| Deferred Taxes & Provisions | 27,030 | -7,351 | -2,673 | 10,024 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -680,047 | -67,986 | -87,535 | -130,445 | -355,092 | 1,321,105 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -19,451 | -114,206 | 703,571 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 219,102 | -326,231 | 226,385 | 65,373 | -219,161 | -210,341 | 314,724 | 385,705 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 219,102 | -326,231 | 226,385 | 65,373 | -219,161 | -210,341 | 314,724 | 385,705 |
P&L
August 2022turnover
10.3m
0%
operating profit
238k
0%
gross margin
20.3%
+4.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2022net assets
917.1k
+0.27%
total assets
3m
+0.17%
cash
455.6k
+0.93%
net assets
Total assets minus all liabilities
Similar Companies
ahmed foods distribution limited company details
company number
09178716
Type
Private limited with Share Capital
industry
46390 - Non-specialised wholesale of food, beverages and tobacco
incorporation date
August 2014
age
10
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
carter gear works, thornbury road, bradford, west yorkshire, BD3 8HE
last accounts submitted
August 2022
ahmed foods distribution 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 did not find charges/mortgages relating to ahmed foods distribution limited.
ahmed foods distribution limited Companies House Filings - See Documents
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