Pomanda estimates the enterprise value of MIDLAND MEAT & POULTRY LIMITED at £592.7k based on a Turnover of £2.7m and 0.22x industry multiple (adjusted for size and gross margin).
midland meat & poultry limitedEstimated Valuation
£174.2k
Pomanda estimates the enterprise value of MIDLAND MEAT & POULTRY LIMITED at £174.2k based on an EBITDA of £60.7k and a 2.87x industry multiple (adjusted for size and gross margin).
midland meat & poultry limitedEstimated Valuation
£172.6k
Pomanda estimates the enterprise value of MIDLAND MEAT & POULTRY LIMITED at £172.6k based on Net Assets of £74.3k and 2.32x industry multiple (adjusted for liquidity).
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Midland Meat & Poultry LimitedOverview
Midland Meat & Poultry Limited is a live company located in birmingham, B11 1BH with a Companies House number of 09899202. It operates in the wholesale of meat and meat products sector, SIC Code 46320. Founded in December 2015, it's largest shareholder is
muhammad rizman
with a 100% stake. Midland Meat & Poultry Limited is a established,
small sized company, Pomanda has estimated its turnover at
£2.7m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Midland Meat & Poultry 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 £2.7m, make it smaller than the average company (£27.9m)
£2.7m - Midland Meat & Poultry Limited
£27.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (9.9%)
30% - Midland Meat & Poultry Limited
9.9% - Industry AVG
Production
with a gross margin of 7.4%, this company has a higher cost of product (12.1%)
7.4% - Midland Meat & Poultry Limited
12.1% - Industry AVG
Profitability
an operating margin of 2.3% make it as profitable than the average company (2.8%)
2.3% - Midland Meat & Poultry Limited
2.8% - Industry AVG
Employees
with 5 employees, this is below the industry average (33)
5 - Midland Meat & Poultry Limited
33 - Industry AVG
Pay Structure
on an average salary of £41.6k, the company has an equivalent pay structure (£41.6k)
£41.6k - Midland Meat & Poultry Limited
£41.6k - Industry AVG
Efficiency
resulting in sales per employee of £533k, this is less efficient (£648.4k)
£533k - Midland Meat & Poultry Limited
£648.4k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is later than average (34 days)
62 days - Midland Meat & Poultry Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is slower than average (27 days)
44 days - Midland Meat & Poultry Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Midland Meat & Poultry Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Midland Meat & Poultry Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.4%, this is a higher level of debt than the average (54.9%)
85.4% - Midland Meat & Poultry Limited
54.9% - Industry AVG
MIDLAND MEAT & POULTRY LIMITED financials
EXPORT
Midland Meat & Poultry Limited's latest turnover from December 2023 is estimated at £2.7 million and the company has net assets of £74.3 thousand. According to their latest financial statements, Midland Meat & Poultry Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Turnover
2,664,955
1,593,371
1,224,275
1,205,953
862,069
203,441
302,431
287,169
Other Income Or Grants
Cost Of Sales
2,466,960
1,465,369
1,152,129
1,150,255
813,241
199,706
295,972
277,269
Gross Profit
197,995
128,002
72,147
55,699
48,828
3,735
6,459
9,900
Admin Expenses
137,308
92,735
72,421
56,041
49,964
1,526
9,569
5,759
Operating Profit
60,687
35,267
-274
-342
-1,136
2,209
-3,110
4,141
Interest Payable
Interest Receivable
Pre-Tax Profit
60,687
35,267
-274
-342
-1,136
2,209
-3,110
4,141
Tax
-15,172
-6,701
-420
-828
Profit After Tax
45,515
28,566
-274
-342
-1,136
1,789
-3,110
3,313
Dividends Paid
Retained Profit
45,515
28,566
-274
-342
-1,136
1,789
-3,110
3,313
Employee Costs
208,182
156,550
103,212
104,674
101,400
32,619
29,813
29,193
Number Of Employees
5
4
3
3
3
1
1
1
EBITDA*
60,687
35,267
-274
-342
-1,136
2,209
-3,110
4,141
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Tangible Assets
55,421
45,027
38,414
19,609
15,742
3,709
4,946
6,595
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
55,421
45,027
38,414
19,609
15,742
3,709
4,946
6,595
Stock & work in progress
Trade Debtors
455,070
278,597
223,497
227,029
153,190
25,040
37,018
37,175
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
455,070
278,597
223,497
227,029
153,190
25,040
37,018
37,175
total assets
510,491
323,624
261,911
246,638
168,932
28,749
41,964
43,770
Bank overdraft
Bank loan
Trade Creditors
302,323
184,571
147,910
134,615
107,474
26,757
41,761
40,221
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
302,323
184,571
147,910
134,615
107,474
26,757
41,761
40,221
loans
hp & lease commitments
Accruals and Deferred Income
236
other liabilities
133,847
110,247
113,761
111,509
60,602
provisions
total long term liabilities
133,847
110,247
113,761
111,509
60,602
236
total liabilities
436,170
294,818
261,671
246,124
168,076
26,757
41,761
40,457
net assets
74,321
28,806
240
514
856
1,992
203
3,313
total shareholders funds
74,321
28,806
240
514
856
1,992
203
3,313
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Operating Activities
Operating Profit
60,687
35,267
-274
-342
-1,136
2,209
-3,110
4,141
Depreciation
Amortisation
Tax
-15,172
-6,701
-420
-828
Stock
Debtors
176,473
55,100
-3,532
73,839
128,150
-11,978
-157
37,175
Creditors
117,752
36,661
13,295
27,141
80,717
-15,004
1,540
40,221
Accruals and Deferred Income
-236
236
Deferred Taxes & Provisions
Cash flow from operations
-13,206
10,127
16,553
-47,040
-48,569
-1,237
-1,649
6,595
Investing Activities
capital expenditure
-10,394
-6,613
-18,805
-3,867
-12,033
1,237
1,649
-6,595
Change in Investments
cash flow from investments
-10,394
-6,613
-18,805
-3,867
-12,033
1,237
1,649
-6,595
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
23,600
-3,514
2,252
50,907
60,602
share issue
interest
cash flow from financing
23,600
-3,514
2,252
50,907
60,602
cash and cash equivalents
cash
overdraft
change in cash
midland meat & poultry 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 midland meat & poultry limited. Get real-time insights into midland meat & poultry limited's credit score, group structure and payment trends.
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midland meat & poultry limited Ownership
MIDLAND MEAT & POULTRY LIMITED group structure
Midland Meat & Poultry Limited has no subsidiary companies.
Ultimate parent company
MIDLAND MEAT & POULTRY LIMITED
09899202
MIDLAND MEAT & POULTRY LIMITED Shareholders
The sole shareholder of Midland Meat & Poultry Limited is Muhammad Rizman.
muhammad rizman
100%
midland meat & poultry limited directors
Midland Meat & Poultry Limited currently has 1 director, Mr Muhammad Rizwan serving since Dec 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 midland meat & poultry limited.
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midland meat & poultry limitedCompanies House Filings - See Documents
