packington free range ltd
packington free range ltd Company Information
Company Number
09235148
Registered Address
blakenhall park, barton under needwood, burton-on-trent, staffordshire, DE13 8AJ
Industry
Wholesale of meat and meat products
Telephone
01283711547
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
robert mercer 50%
alec mercer 50%
packington free range ltd Estimated Valuation
Pomanda estimates the enterprise value of PACKINGTON FREE RANGE LTD at £1.9m based on a Turnover of £7.2m and 0.27x industry multiple (adjusted for size and gross margin).
packington free range ltd Estimated Valuation
Pomanda estimates the enterprise value of PACKINGTON FREE RANGE LTD at £429.3k based on an EBITDA of £109k and a 3.94x industry multiple (adjusted for size and gross margin).
packington free range ltd Estimated Valuation
Pomanda estimates the enterprise value of PACKINGTON FREE RANGE LTD at £1.4m based on Net Assets of £627.7k and 2.17x industry multiple (adjusted for liquidity).
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Packington Free Range Ltd Overview
Packington Free Range Ltd is a live company located in burton-on-trent, DE13 8AJ with a Companies House number of 09235148. It operates in the wholesale of meat and meat products sector, SIC Code 46320. Founded in September 2014, it's largest shareholder is robert mercer with a 50% stake. Packington Free Range Ltd is a established, mid sized company, Pomanda has estimated its turnover at £7.2m with high growth in recent years.
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Packington Free Range Ltd Health Check
Pomanda's financial health check has awarded Packington Free Range Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
5 Regular
4 Weak
Size
annual sales of £7.2m, make it smaller than the average company (£26.2m)
- Packington Free Range Ltd
£26.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (8.6%)
- Packington Free Range Ltd
8.6% - Industry AVG
Production
with a gross margin of 12.8%, this company has a comparable cost of product (12.8%)
- Packington Free Range Ltd
12.8% - Industry AVG
Profitability
an operating margin of 0.8% make it less profitable than the average company (3.1%)
- Packington Free Range Ltd
3.1% - Industry AVG
Employees
with 31 employees, this is similar to the industry average (36)
31 - Packington Free Range Ltd
36 - Industry AVG
Pay Structure
on an average salary of £38.3k, the company has an equivalent pay structure (£38.3k)
- Packington Free Range Ltd
£38.3k - Industry AVG
Efficiency
resulting in sales per employee of £233.9k, this is less efficient (£550.5k)
- Packington Free Range Ltd
£550.5k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is near the average (31 days)
- Packington Free Range Ltd
31 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is slower than average (27 days)
- Packington Free Range Ltd
27 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (19 days)
- Packington Free Range Ltd
19 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (10 weeks)
7 weeks - Packington Free Range Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 51.7%, this is a similar level of debt than the average (54.9%)
51.7% - Packington Free Range Ltd
54.9% - Industry AVG
PACKINGTON FREE RANGE LTD financials
Packington Free Range Ltd's latest turnover from September 2023 is estimated at £7.2 million and the company has net assets of £627.7 thousand. According to their latest financial statements, Packington Free Range Ltd has 31 employees and maintains cash reserves of £93.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 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 | 31 | 20 | 17 | 16 | 13 | 12 | 3 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 497,125 | 144,779 | 150,332 | 180,302 | 157,096 | 133,115 | 99,735 | 100,818 | 106,274 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11,710 | 23,447 |
| Total Fixed Assets | 497,125 | 144,779 | 150,332 | 180,302 | 157,096 | 133,115 | 99,735 | 112,528 | 129,721 |
| Stock & work in progress | 42,501 | 40,470 | 17,831 | 34,258 | 28,988 | 47,457 | 23,525 | 12,753 | 12,388 |
| Trade Debtors | 566,628 | 498,795 | 460,152 | 477,124 | 408,501 | 333,103 | 367,079 | 479,694 | 503,743 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 100,866 | 142,231 | 9,964 | 71,749 | 79,870 | 9,584 | 51,990 | 50,581 | 0 |
| Cash | 93,879 | 14,192 | 332,461 | 8,356 | 5,089 | 15,618 | 11,255 | 3,290 | 2,957 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 803,874 | 695,688 | 820,408 | 591,487 | 522,448 | 405,762 | 453,849 | 546,318 | 519,088 |
| total assets | 1,300,999 | 840,467 | 970,740 | 771,789 | 679,544 | 538,877 | 553,584 | 658,846 | 648,809 |
| Bank overdraft | 0 | 0 | 0 | 57,320 | 40,255 | 10,651 | 0 | 32,426 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 615,473 | 224,561 | 299,551 | 324,574 | 392,045 | 466,043 | 488,934 | 552,338 | 611,556 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 25,317 | 12,890 | 142,848 | 32,224 | 23,916 | 23,900 | 23,340 | 24,474 | 0 |
| total current liabilities | 640,790 | 237,451 | 442,399 | 414,118 | 456,216 | 500,594 | 512,274 | 609,238 | 611,556 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 32,514 | 20,656 | 28,563 | 0 | 0 | 33,417 | 20,499 | 19,975 | 19,192 |
| total long term liabilities | 32,514 | 20,656 | 28,563 | 0 | 0 | 33,417 | 20,499 | 19,975 | 19,192 |
| total liabilities | 673,304 | 258,107 | 470,962 | 414,118 | 456,216 | 534,011 | 532,773 | 629,213 | 630,748 |
| net assets | 627,695 | 582,360 | 499,778 | 357,671 | 223,328 | 4,866 | 20,811 | 29,633 | 18,061 |
| total shareholders funds | 627,695 | 582,360 | 499,778 | 357,671 | 223,328 | 4,866 | 20,811 | 29,633 | 18,061 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 51,254 | 62,479 | 67,337 | 58,204 | 53,217 | 49,358 | 40,649 | 42,058 | 39,554 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 2,031 | 22,639 | -16,427 | 5,270 | -18,469 | 23,932 | 10,772 | 365 | 12,388 |
| Debtors | 26,468 | 170,910 | -78,757 | 60,502 | 145,684 | -76,382 | -122,916 | 14,795 | 527,190 |
| Creditors | 390,912 | -74,990 | -25,023 | -67,471 | -73,998 | -22,891 | -63,404 | -59,218 | 611,556 |
| Accruals and Deferred Income | 12,427 | -129,958 | 110,624 | 8,308 | 16 | 560 | -1,134 | 24,474 | 0 |
| Deferred Taxes & Provisions | 11,858 | -7,907 | 28,563 | 0 | -33,417 | 12,918 | 524 | 783 | 19,192 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 79,687 | -318,269 | 324,105 | 3,267 | -10,529 | 4,363 | 7,965 | 333 | 2,957 |
| overdraft | 0 | 0 | -57,320 | 17,065 | 29,604 | 10,651 | -32,426 | 32,426 | 0 |
| change in cash | 79,687 | -318,269 | 381,425 | -13,798 | -40,133 | -6,288 | 40,391 | -32,093 | 2,957 |
packington free range ltd Credit Report and Business Information
Packington Free Range Ltd Competitor Analysis
Perform a competitor analysis for packington free range ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
packington free range ltd Ownership
PACKINGTON FREE RANGE LTD group structure
Packington Free Range Ltd has no subsidiary companies.
Ultimate parent company
PACKINGTON FREE RANGE LTD
09235148
packington free range ltd directors
Packington Free Range Ltd currently has 2 directors. The longest serving directors include Mr Robert Mercer (Sep 2014) and Mr Alec Mercer (Sep 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Mercer | United Kingdom | 44 years | Sep 2014 | - | Director |
| Mr Alec Mercer | England | 40 years | Sep 2014 | - | Director |
P&L
September 2023turnover
7.2m
+65%
operating profit
57.7k
0%
gross margin
12.8%
-4.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
627.7k
+0.08%
total assets
1.3m
+0.55%
cash
93.9k
+5.61%
net assets
Total assets minus all liabilities
Similar Companies
packington free range ltd company details
company number
09235148
Type
Private limited with Share Capital
industry
46320 - Wholesale of meat and meat products
incorporation date
September 2014
age
10
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
blakenhall park, barton under needwood, burton-on-trent, staffordshire, DE13 8AJ
last accounts submitted
September 2023
packington free range ltd 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 packington free range ltd.
packington free range ltd Companies House Filings - See Documents
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