Pomanda estimates the enterprise value of SPRI FOODS LIMITED at £214.2k based on a Turnover of £761.7k and 0.28x industry multiple (adjusted for size and gross margin).
spri foods limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of SPRI FOODS LIMITED at £0 based on an EBITDA of £-18.1k and a 3.18x industry multiple (adjusted for size and gross margin).
spri foods limitedEstimated Valuation
£128.3k
Pomanda estimates the enterprise value of SPRI FOODS LIMITED at £128.3k based on Net Assets of £48.3k and 2.66x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Spri Foods LimitedOverview
Spri Foods Limited is a live company located in bexleyheath, DA7 6NA with a Companies House number of 09635581. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in June 2015, it's largest shareholder is
jitendra patel
with a 50% stake. Spri Foods Limited is a established,
small sized company, Pomanda has estimated its turnover at
£761.7k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Spri Foods Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £761.7k, make it smaller than the average company (£3m)
£761.7k - Spri Foods Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (6.6%)
6% - Spri Foods Limited
6.6% - Industry AVG
Production
with a gross margin of 17.3%, this company has a higher cost of product (23.9%)
17.3% - Spri Foods Limited
23.9% - Industry AVG
Profitability
an operating margin of -2.4% make it less profitable than the average company (3.6%)
-2.4% - Spri Foods Limited
3.6% - Industry AVG
Employees
with 4 employees, this is below the industry average (34)
4 - Spri Foods Limited
34 - Industry AVG
Pay Structure
on an average salary of £17.5k, the company has an equivalent pay structure (£17.5k)
£17.5k - Spri Foods Limited
£17.5k - Industry AVG
Efficiency
resulting in sales per employee of £190.4k, this is more efficient (£128.8k)
£190.4k - Spri Foods Limited
£128.8k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is later than average (5 days)
34 days - Spri Foods Limited
5 days - Industry AVG
Creditor Days
its suppliers are paid after 93 days, this is slower than average (30 days)
93 days - Spri Foods Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Spri Foods Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Spri Foods Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.6%, this is a higher level of debt than the average (63.8%)
77.6% - Spri Foods Limited
63.8% - Industry AVG
SPRI FOODS LIMITED financials
EXPORT
Spri Foods Limited's latest turnover from June 2024 is estimated at £761.7 thousand and the company has net assets of £48.3 thousand. According to their latest financial statements, Spri Foods Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Turnover
761,723
695,820
573,521
630,751
680,609
794,539
794,845
1,596,563
1,685,835
Other Income Or Grants
Cost Of Sales
629,843
576,282
474,378
527,852
564,532
665,107
661,805
1,314,932
1,411,019
Gross Profit
131,880
119,537
99,143
102,900
116,077
129,432
133,040
281,631
274,815
Admin Expenses
149,957
140,640
64,885
73,080
80,809
126,455
144,673
296,937
235,340
Operating Profit
-18,077
-21,103
34,258
29,820
35,268
2,977
-11,633
-15,306
39,475
Interest Payable
Interest Receivable
Pre-Tax Profit
-18,077
-21,103
34,258
29,820
35,268
2,977
-11,633
-15,306
39,475
Tax
-6,509
-5,666
-6,701
-566
-7,895
Profit After Tax
-18,077
-21,103
27,749
24,154
28,567
2,411
-11,633
-15,306
31,580
Dividends Paid
Retained Profit
-18,077
-21,103
27,749
24,154
28,567
2,411
-11,633
-15,306
31,580
Employee Costs
69,959
67,197
66,574
61,845
63,567
49,238
48,689
154,022
145,756
Number Of Employees
4
4
4
4
4
3
3
10
11
EBITDA*
-18,077
-21,103
34,258
29,820
35,268
2,977
-11,633
-15,306
39,475
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Tangible Assets
142,833
148,227
154,969
136,264
140,015
144,704
150,565
157,891
144,369
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
142,833
148,227
154,969
136,264
140,015
144,704
150,565
157,891
144,369
Stock & work in progress
Trade Debtors
72,750
72,950
75,180
70,888
59,321
58,278
62,690
65,811
55,980
Group Debtors
Misc Debtors
Cash
misc current assets
650
total current assets
72,750
72,950
75,180
70,888
59,321
58,278
62,690
65,811
56,630
total assets
215,583
221,177
230,149
207,152
199,336
202,982
213,255
223,702
200,999
Bank overdraft
Bank loan
Trade Creditors
161,072
143,654
126,587
147,379
163,717
195,930
208,614
168,469
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
161,072
143,654
126,587
147,379
163,717
195,930
208,614
168,469
loans
hp & lease commitments
Accruals and Deferred Income
950
other liabilities
6,169
11,104
16,040
207,428
provisions
total long term liabilities
6,169
11,104
16,040
207,428
950
total liabilities
167,241
154,758
142,627
147,379
163,717
195,930
208,614
207,428
169,419
net assets
48,342
66,419
87,522
59,773
35,619
7,052
4,641
16,274
31,580
total shareholders funds
48,342
66,419
87,522
59,773
35,619
7,052
4,641
16,274
31,580
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Operating Activities
Operating Profit
-18,077
-21,103
34,258
29,820
35,268
2,977
-11,633
-15,306
39,475
Depreciation
Amortisation
Tax
-6,509
-5,666
-6,701
-566
-7,895
Stock
Debtors
-200
-2,230
4,292
11,567
1,043
-4,412
-3,121
9,831
55,980
Creditors
17,418
17,067
-20,792
-16,338
-32,213
-12,684
208,614
-168,469
168,469
Accruals and Deferred Income
-950
950
Deferred Taxes & Provisions
Cash flow from operations
-459
-1,806
2,665
-3,751
-4,689
-5,861
200,102
-194,556
145,019
Investing Activities
capital expenditure
5,394
6,742
-18,705
3,751
4,689
5,861
7,326
-13,522
-144,369
Change in Investments
cash flow from investments
5,394
6,742
-18,705
3,751
4,689
5,861
7,326
-13,522
-144,369
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-4,935
-4,936
16,040
-207,428
207,428
share issue
interest
cash flow from financing
-4,935
-4,936
16,040
-207,428
207,428
cash and cash equivalents
cash
overdraft
change in cash
spri 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 spri foods limited. Get real-time insights into spri foods limited's credit score, group structure and payment trends.
Perform a competitor analysis for spri 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 DA7 area or any other competitors across 12 key performance metrics.
spri foods limited Ownership
SPRI FOODS LIMITED group structure
Spri Foods Limited has no subsidiary companies.
Ultimate parent company
SPRI FOODS LIMITED
09635581
SPRI FOODS LIMITED Shareholders
The largest shareholders in Spri Foods Limited include Jitendra Patel and Patel Hitesh.
jitendra patel
50%
patel hitesh
50%
spri foods limited directors
Spri Foods Limited currently has 2 directors.
The longest serving directors include
Mr Hiteshkumar Patel (Jun 2015) and
Mr Jitendra Patel (Jun 2015).
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 spri foods limited.
spri 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 SPRI FOODS LIMITED. This can take several minutes, an email will notify you when this has completed.
spri foods limitedCompanies House Filings - See Documents
