compact foods limited
compact foods limited Company Information
Company Number
09503009
Next Accounts
Dec 2025
Industry
Other retail sale in non-specialised stores
Shareholders
neil lammiman
ann lammiman
Group Structure
View All
Contact
Registered Address
23 albion street, hull, HU1 3TG
Website
www.compactfoods.co.ukcompact foods limited Estimated Valuation
Pomanda estimates the enterprise value of COMPACT FOODS LIMITED at £1.2m based on a Turnover of £2.8m and 0.43x industry multiple (adjusted for size and gross margin).
compact foods limited Estimated Valuation
Pomanda estimates the enterprise value of COMPACT FOODS LIMITED at £0 based on an EBITDA of £-32.3k and a 4.19x industry multiple (adjusted for size and gross margin).
compact foods limited Estimated Valuation
Pomanda estimates the enterprise value of COMPACT FOODS LIMITED at £0 based on Net Assets of £-213.7k and 3.2x industry multiple (adjusted for liquidity).
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Compact Foods Limited Overview
Compact Foods Limited is a live company located in hull, HU1 3TG with a Companies House number of 09503009. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in March 2015, it's largest shareholder is neil lammiman with a 50% stake. Compact Foods Limited is a established, small sized company, Pomanda has estimated its turnover at £2.8m with declining growth in recent years.
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Compact Foods Limited Health Check
Pomanda's financial health check has awarded Compact Foods Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £2.8m, make it larger than the average company (£1.1m)
- Compact Foods Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (14.2%)
- Compact Foods Limited
14.2% - Industry AVG
Production
with a gross margin of 46.4%, this company has a comparable cost of product (46.4%)
- Compact Foods Limited
46.4% - Industry AVG
Profitability
an operating margin of -1.5% make it less profitable than the average company (5.9%)
- Compact Foods Limited
5.9% - Industry AVG
Employees
with 11 employees, this is below the industry average (25)
11 - Compact Foods Limited
25 - Industry AVG
Pay Structure
on an average salary of £20.7k, the company has an equivalent pay structure (£20.7k)
- Compact Foods Limited
£20.7k - Industry AVG
Efficiency
resulting in sales per employee of £253.9k, this is more efficient (£89.8k)
- Compact Foods Limited
£89.8k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is later than average (9 days)
- Compact Foods Limited
9 days - Industry AVG
Creditor Days
its suppliers are paid after 51 days, this is slower than average (31 days)
- Compact Foods Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 10 days, this is less than average (78 days)
- Compact Foods Limited
78 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (28 weeks)
1 weeks - Compact Foods Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 141.3%, this is a higher level of debt than the average (67.4%)
141.3% - Compact Foods Limited
67.4% - Industry AVG
COMPACT FOODS LIMITED financials
Compact Foods Limited's latest turnover from March 2024 is estimated at £2.8 million and the company has net assets of -£213.7 thousand. According to their latest financial statements, Compact Foods Limited has 11 employees and maintains cash reserves of £16.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 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 | 11 | 11 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 58,842 | 44,999 | 58,824 | 64,944 | 70,833 | 71,857 | 55,458 | 44,924 | 48,361 |
| Intangible Assets | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 88,842 | 74,999 | 88,824 | 94,944 | 100,833 | 101,857 | 85,458 | 74,924 | 78,361 |
| Stock & work in progress | 41,963 | 34,118 | 21,539 | 10,307 | 7,235 | 12,882 | 11,714 | 7,706 | 8,043 |
| Trade Debtors | 266,439 | 182,153 | 324,481 | 156,827 | 258,330 | 260,699 | 165,687 | 150,209 | 150,594 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 103,479 | 124,287 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 16,851 | 3,425 | 31,621 | 2,949 | 41,834 | 12,980 | 6,554 | 4,066 | 11,015 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 428,732 | 343,983 | 377,641 | 170,083 | 307,399 | 286,561 | 183,955 | 161,981 | 169,652 |
| total assets | 517,574 | 418,982 | 466,465 | 265,027 | 408,232 | 388,418 | 269,413 | 236,905 | 248,013 |
| Bank overdraft | 15,092 | 15,092 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 211,743 | 160,976 | 455,464 | 338,830 | 376,892 | 349,574 | 214,602 | 191,978 | 184,015 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,721 | 37,290 |
| hp & lease commitments | 4,951 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 422,094 | 330,212 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 653,880 | 506,280 | 455,464 | 338,830 | 376,892 | 349,574 | 214,602 | 195,699 | 221,305 |
| loans | 51,364 | 66,454 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 14,853 | 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 | 79,624 | 24,405 | 41,460 | 52,560 | 41,969 | 23,257 | 26,256 |
| provisions | 11,176 | 11,176 | 11,176 | 12,339 | 13,458 | 13,653 | 10,537 | 8,984 | 0 |
| total long term liabilities | 77,393 | 77,630 | 90,800 | 36,744 | 54,918 | 66,213 | 52,506 | 32,241 | 26,256 |
| total liabilities | 731,273 | 583,910 | 546,264 | 375,574 | 431,810 | 415,787 | 267,108 | 227,940 | 247,561 |
| net assets | -213,699 | -164,928 | -79,799 | -110,547 | -23,578 | -27,369 | 2,305 | 8,965 | 452 |
| total shareholders funds | -213,699 | -164,928 | -79,799 | -110,547 | -23,578 | -27,369 | 2,305 | 8,965 | 452 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 8,702 | 0 | 14,716 | 11,806 | 9,050 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||||
| Stock | 7,845 | 12,579 | 11,232 | 3,072 | -5,647 | 1,168 | 4,008 | -337 | 8,043 |
| Debtors | 63,478 | -18,041 | 167,654 | -101,503 | -2,369 | 95,012 | 15,478 | -385 | 150,594 |
| Creditors | 50,767 | -294,488 | 116,634 | -38,062 | 27,318 | 134,972 | 22,624 | 7,963 | 184,015 |
| Accruals and Deferred Income | 91,882 | 330,212 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | -1,163 | -1,119 | -195 | 3,116 | 1,553 | 8,984 | 0 |
| 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 | -3,721 | -33,569 | 37,290 |
| Long term loans | -15,090 | 66,454 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 19,804 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -79,624 | 55,219 | -17,055 | -11,100 | 10,591 | 18,712 | -2,999 | 26,256 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 13,426 | -28,196 | 28,672 | -38,885 | 28,854 | 6,426 | 2,488 | -6,949 | 11,015 |
| overdraft | 0 | 15,092 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 13,426 | -43,288 | 28,672 | -38,885 | 28,854 | 6,426 | 2,488 | -6,949 | 11,015 |
compact foods limited Credit Report and Business Information
Compact Foods Limited Competitor Analysis
Perform a competitor analysis for compact foods limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in HU1 area or any other competitors across 12 key performance metrics.
compact foods limited Ownership
COMPACT FOODS LIMITED group structure
Compact Foods Limited has no subsidiary companies.
Ultimate parent company
COMPACT FOODS LIMITED
09503009
compact foods limited directors
Compact Foods Limited currently has 2 directors. The longest serving directors include Ms Ann Lammiman (Mar 2015) and Mr Neil Lammiman (Mar 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Ann Lammiman | England | 46 years | Mar 2015 | - | Director |
| Mr Neil Lammiman | England | 49 years | Mar 2015 | - | Director |
P&L
March 2024turnover
2.8m
+56%
operating profit
-41k
0%
gross margin
46.4%
+4.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-213.7k
+0.3%
total assets
517.6k
+0.24%
cash
16.9k
+3.92%
net assets
Total assets minus all liabilities
compact foods limited company details
company number
09503009
Type
Private limited with Share Capital
industry
47190 - Other retail sale in non-specialised stores
incorporation date
March 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
23 albion street, hull, HU1 3TG
Bank
-
Legal Advisor
-
compact foods 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 compact foods limited.
compact 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.
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compact foods limited Companies House Filings - See Documents
| date | description | view/download |
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