southern fruit importers limited
southern fruit importers limited Company Information
Company Number
09415718
Next Accounts
Dec 2024
Industry
Wholesale of fruit and vegetables
Shareholders
anthony skinner
james hayes
View AllGroup Structure
View All
Contact
Registered Address
c/o rpgcc 40 gracechurch street, london, EC3V 0BT
Website
-southern fruit importers limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTHERN FRUIT IMPORTERS LIMITED at £1.6m based on a Turnover of £5.9m and 0.28x industry multiple (adjusted for size and gross margin).
southern fruit importers limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTHERN FRUIT IMPORTERS LIMITED at £142.5k based on an EBITDA of £37.1k and a 3.84x industry multiple (adjusted for size and gross margin).
southern fruit importers limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTHERN FRUIT IMPORTERS LIMITED at £815.8k based on Net Assets of £419.7k and 1.94x industry multiple (adjusted for liquidity).
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Southern Fruit Importers Limited Overview
Southern Fruit Importers Limited is a live company located in london, EC3V 0BT with a Companies House number of 09415718. It operates in the wholesale of fruit and vegetables sector, SIC Code 46310. Founded in February 2015, it's largest shareholder is anthony skinner with a 40% stake. Southern Fruit Importers Limited is a young, mid sized company, Pomanda has estimated its turnover at £5.9m with declining growth in recent years.
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Southern Fruit Importers Limited Health Check
Pomanda's financial health check has awarded Southern Fruit Importers Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £5.9m, make it smaller than the average company (£18.9m)
- Southern Fruit Importers Limited
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (3.8%)
- Southern Fruit Importers Limited
3.8% - Industry AVG
Production
with a gross margin of 12.4%, this company has a comparable cost of product (12.4%)
- Southern Fruit Importers Limited
12.4% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (2.5%)
- Southern Fruit Importers Limited
2.5% - Industry AVG
Employees
with 5 employees, this is below the industry average (40)
5 - Southern Fruit Importers Limited
40 - Industry AVG
Pay Structure
on an average salary of £34.5k, the company has an equivalent pay structure (£34.5k)
- Southern Fruit Importers Limited
£34.5k - Industry AVG
Efficiency
resulting in sales per employee of £1.2m, this is more efficient (£459.5k)
- Southern Fruit Importers Limited
£459.5k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is later than average (33 days)
- Southern Fruit Importers Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 42 days, this is slower than average (34 days)
- Southern Fruit Importers Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (8 days)
- Southern Fruit Importers Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (14 weeks)
5 weeks - Southern Fruit Importers Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72.7%, this is a higher level of debt than the average (62.1%)
72.7% - Southern Fruit Importers Limited
62.1% - Industry AVG
SOUTHERN FRUIT IMPORTERS LIMITED financials
Southern Fruit Importers Limited's latest turnover from March 2023 is estimated at £5.9 million and the company has net assets of £419.7 thousand. According to their latest financial statements, Southern Fruit Importers Limited has 5 employees and maintains cash reserves of £99.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 5 | 5 | 6 | 6 | 6 | 6 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 440,478 | 450,957 | 461,436 | 470,670 | 480,737 | 491,105 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 440,478 | 450,957 | 461,436 | 470,670 | 480,737 | 491,105 | 0 | 0 |
| Stock & work in progress | 15,000 | 50,150 | 45,000 | 70,000 | 50,000 | 65,000 | 0 | 0 |
| Trade Debtors | 962,252 | 1,062,375 | 891,831 | 1,193,893 | 1,259,175 | 897,926 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 21,686 | 32,230 | 4,852 | 80,827 | 0 | 89,867 | 0 | 0 |
| Cash | 99,573 | 27,689 | 83,515 | 204,533 | 64,391 | 102,794 | 10,000 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,098,511 | 1,172,444 | 1,025,198 | 1,549,253 | 1,444,390 | 1,155,587 | 10,000 | 0 |
| total assets | 1,538,989 | 1,623,401 | 1,486,634 | 2,019,923 | 1,925,127 | 1,646,692 | 10,000 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 31,612 | 13,749 | 0 | 0 |
| Bank loan | 38,182 | 24,295 | 24,295 | 24,295 | 0 | 29,535 | 0 | 0 |
| Trade Creditors | 599,399 | 622,420 | 448,852 | 900,837 | 942,740 | 678,866 | 0 | 0 |
| 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 | 377,050 | 405,000 | 473,531 | 575,726 | 0 | 448,053 | 0 | 0 |
| total current liabilities | 1,014,631 | 1,051,715 | 946,678 | 1,500,858 | 1,494,587 | 1,170,203 | 0 | 0 |
| loans | 104,700 | 162,129 | 138,420 | 168,731 | 0 | 211,644 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 104,700 | 162,129 | 138,420 | 168,731 | 188,807 | 211,644 | 0 | 0 |
| total liabilities | 1,119,331 | 1,213,844 | 1,085,098 | 1,669,589 | 1,683,394 | 1,381,847 | 0 | 0 |
| net assets | 419,658 | 409,557 | 401,536 | 350,334 | 241,733 | 264,845 | 10,000 | 0 |
| total shareholders funds | 419,658 | 409,557 | 401,536 | 350,334 | 241,733 | 264,845 | 10,000 | 0 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 10,479 | 10,479 | 10,709 | 10,368 | 10,283 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | |||
| Tax | ||||||||
| Stock | -35,150 | 5,150 | -25,000 | 20,000 | -15,000 | 65,000 | 0 | 0 |
| Debtors | -110,667 | 197,922 | -378,037 | 15,545 | 271,382 | 987,793 | 0 | 0 |
| Creditors | -23,021 | 173,568 | -451,985 | -41,903 | 263,874 | 678,866 | 0 | 0 |
| Accruals and Deferred Income | -27,950 | -68,531 | -102,195 | 575,726 | -448,053 | 448,053 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 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 | 13,887 | 0 | 0 | 24,295 | -29,535 | 29,535 | 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 | -57,429 | 23,709 | -30,311 | 168,731 | -211,644 | 211,644 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 71,884 | -55,826 | -121,018 | 140,142 | -38,403 | 92,794 | 10,000 | 0 |
| overdraft | 0 | 0 | 0 | -31,612 | 17,863 | 13,749 | 0 | 0 |
| change in cash | 71,884 | -55,826 | -121,018 | 171,754 | -56,266 | 79,045 | 10,000 | 0 |
southern fruit importers limited Credit Report and Business Information
Southern Fruit Importers Limited Competitor Analysis
Perform a competitor analysis for southern fruit importers 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 EC3V area or any other competitors across 12 key performance metrics.
southern fruit importers limited Ownership
SOUTHERN FRUIT IMPORTERS LIMITED group structure
Southern Fruit Importers Limited has no subsidiary companies.
Ultimate parent company
SOUTHERN FRUIT IMPORTERS LIMITED
09415718
southern fruit importers limited directors
Southern Fruit Importers Limited currently has 3 directors. The longest serving directors include Mr James Hayes (Feb 2015) and Mr Antony Skinner (Mar 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Hayes | England | 71 years | Feb 2015 | - | Director |
| Mr Antony Skinner | England | 70 years | Mar 2016 | - | Director |
| Mr Thomas Bailey | England | 53 years | Mar 2016 | - | Director |
P&L
March 2023turnover
5.9m
-10%
operating profit
26.6k
0%
gross margin
12.4%
+0.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
419.7k
+0.02%
total assets
1.5m
-0.05%
cash
99.6k
+2.6%
net assets
Total assets minus all liabilities
southern fruit importers limited company details
company number
09415718
Type
Private limited with Share Capital
industry
46310 - Wholesale of fruit and vegetables
incorporation date
February 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
RPG CROUCH CHAPMAN LLP
auditor
-
address
c/o rpgcc 40 gracechurch street, london, EC3V 0BT
Bank
-
Legal Advisor
-
southern fruit importers 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 2 charges/mortgages relating to southern fruit importers limited. Currently there are 1 open charges and 1 have been satisfied in the past.
southern fruit importers limited Companies House Filings - See Documents
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