wm morrison growers limited
wm morrison growers limited Company Information
Company Number
09913648
Next Accounts
Jul 2025
Shareholders
wm morrison produce limited
Group Structure
View All
Industry
Other processing and preserving of fruit and vegetables
Registered Address
hilmore house gain lane, bradford, west yorkshire, BD3 7DL
Website
ukpotatoes.comwm morrison growers limited Estimated Valuation
Pomanda estimates the enterprise value of WM MORRISON GROWERS LIMITED at £44.4m based on a Turnover of £87.5m and 0.51x industry multiple (adjusted for size and gross margin).
wm morrison growers limited Estimated Valuation
Pomanda estimates the enterprise value of WM MORRISON GROWERS LIMITED at £113.1k based on an EBITDA of £27k and a 4.19x industry multiple (adjusted for size and gross margin).
wm morrison growers limited Estimated Valuation
Pomanda estimates the enterprise value of WM MORRISON GROWERS LIMITED at £8.2m based on Net Assets of £4.7m and 1.75x industry multiple (adjusted for liquidity).
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Wm Morrison Growers Limited Overview
Wm Morrison Growers Limited is a live company located in west yorkshire, BD3 7DL with a Companies House number of 09913648. It operates in the other processing and preserving of fruit and vegetables sector, SIC Code 10390. Founded in December 2015, it's largest shareholder is wm morrison produce limited with a 100% stake. Wm Morrison Growers Limited is a established, large sized company, Pomanda has estimated its turnover at £87.5m with declining growth in recent years.
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Wm Morrison Growers Limited Health Check
Pomanda's financial health check has awarded Wm Morrison Growers Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
0 Regular
6 Weak
Size
annual sales of £87.5m, make it larger than the average company (£23.8m)
£87.5m - Wm Morrison Growers Limited
£23.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (3.2%)
-5% - Wm Morrison Growers Limited
3.2% - Industry AVG
Production
with a gross margin of 1.2%, this company has a higher cost of product (16.2%)
1.2% - Wm Morrison Growers Limited
16.2% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (2.2%)
0% - Wm Morrison Growers Limited
2.2% - Industry AVG
Employees
with 7 employees, this is below the industry average (103)
7 - Wm Morrison Growers Limited
103 - Industry AVG
Pay Structure
on an average salary of £71k, the company has a higher pay structure (£36.6k)
£71k - Wm Morrison Growers Limited
£36.6k - Industry AVG
Efficiency
resulting in sales per employee of £12.5m, this is more efficient (£187.9k)
£12.5m - Wm Morrison Growers Limited
£187.9k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (46 days)
0 days - Wm Morrison Growers Limited
46 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Wm Morrison Growers Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (28 days)
0 days - Wm Morrison Growers Limited
28 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (4 weeks)
1 weeks - Wm Morrison Growers Limited
4 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.9%, this is a lower level of debt than the average (50.1%)
28.9% - Wm Morrison Growers Limited
50.1% - Industry AVG
WM MORRISON GROWERS LIMITED financials
Wm Morrison Growers Limited's latest turnover from October 2023 is £87.5 million and the company has net assets of £4.7 million. According to their latest financial statements, Wm Morrison Growers Limited has 7 employees and maintains cash reserves of £68 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Jan 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 87,491,000 | 96,090,000 | 84,420,000 | 148,599,000 | 101,804,000 | 65,480,000 | 58,417,000 | 35,579,000 |
| Other Income Or Grants | ||||||||
| Cost Of Sales | 86,483,000 | 95,264,000 | 83,296,000 | 146,601,000 | 100,277,000 | 64,574,000 | 57,394,000 | 35,143,000 |
| Gross Profit | 1,008,000 | 826,000 | 1,124,000 | 1,998,000 | 1,527,000 | 906,000 | 1,023,000 | 436,000 |
| Admin Expenses | 996,000 | 751,000 | 672,000 | 1,450,000 | -63,000 | -271,000 | -18,000 | |
| Operating Profit | 12,000 | 75,000 | 452,000 | 548,000 | 1,590,000 | 1,177,000 | 1,041,000 | 436,000 |
| Interest Payable | 6,000 | 14,000 | 10,000 | 15,000 | 12,000 | 8,000 | 3,000 | 1,000 |
| Interest Receivable | 16,000 | 1,000 | 7,000 | 10,000 | 8,000 | 2,000 | 3,000 | |
| Pre-Tax Profit | 22,000 | 62,000 | 442,000 | 540,000 | 1,588,000 | 1,177,000 | 1,040,000 | 438,000 |
| Tax | -1,000 | 1,000 | 3,000 | -93,000 | -221,000 | -203,000 | -88,000 | |
| Profit After Tax | 21,000 | 63,000 | 445,000 | 540,000 | 1,495,000 | 956,000 | 837,000 | 350,000 |
| Dividends Paid | ||||||||
| Retained Profit | 21,000 | 63,000 | 445,000 | 540,000 | 1,495,000 | 956,000 | 837,000 | 350,000 |
| Employee Costs | 497,000 | 543,000 | 563,000 | 741,000 | 733,000 | 1,153,000 | 1,240,000 | 629,000 |
| Number Of Employees | 7 | 7 | 13 | 14 | 14 | 15 | 15 | 5 |
| EBITDA* | 27,000 | 120,000 | 512,000 | 618,000 | 1,648,000 | 1,221,000 | 1,071,000 | 441,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Jan 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 14,000 | 3,000 | 11,000 | 12,000 | 14,000 | 14,000 | 13,000 | 8,000 |
| Intangible Assets | 5,000 | 12,000 | 47,000 | 93,000 | 132,000 | 131,000 | 131,000 | 34,000 |
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 19,000 | 15,000 | 58,000 | 105,000 | 146,000 | 145,000 | 144,000 | 42,000 |
| Stock & work in progress | 3,000 | 659,000 | 1,175,000 | 1,562,000 | 1,315,000 | 1,139,000 | 101,000 | |
| Trade Debtors | 76,000 | 2,839,000 | 4,414,000 | 5,021,000 | 4,273,000 | 1,710,000 | 249,000 | 1,520,000 |
| Group Debtors | 6,031,000 | 7,668,000 | 6,025,000 | 8,671,000 | 8,171,000 | 4,487,000 | 3,837,000 | 3,869,000 |
| Misc Debtors | 424,000 | 600,000 | 915,000 | 618,000 | 401,000 | 212,000 | 233,000 | 1,243,000 |
| Cash | 68,000 | 660,000 | 1,419,000 | 7,534,000 | 9,654,000 | 4,059,000 | 4,514,000 | 1,932,000 |
| misc current assets | 24,000 | |||||||
| total current assets | 6,602,000 | 12,426,000 | 13,948,000 | 23,406,000 | 23,814,000 | 11,607,000 | 8,958,000 | 8,564,000 |
| total assets | 6,621,000 | 12,441,000 | 14,006,000 | 23,511,000 | 23,960,000 | 11,752,000 | 9,102,000 | 8,606,000 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 4,793,000 | 6,730,000 | 13,765,000 | 14,165,000 | 5,700,000 | 4,826,000 | 3,406,000 | |
| Group/Directors Accounts | 248,000 | |||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 1,913,000 | 2,714,000 | 2,652,000 | 5,564,000 | 6,152,000 | 3,904,000 | 3,085,000 | 4,850,000 |
| total current liabilities | 1,913,000 | 7,755,000 | 9,382,000 | 19,329,000 | 20,317,000 | 9,604,000 | 7,911,000 | 8,256,000 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | 1,000 | 1,000 | 4,000 | 5,000 | 5,000 | 4,000 | ||
| total long term liabilities | 1,000 | 1,000 | 4,000 | 5,000 | 5,000 | 4,000 | ||
| total liabilities | 1,914,000 | 7,755,000 | 9,383,000 | 19,333,000 | 20,322,000 | 9,609,000 | 7,915,000 | 8,256,000 |
| net assets | 4,707,000 | 4,686,000 | 4,623,000 | 4,178,000 | 3,638,000 | 2,143,000 | 1,187,000 | 350,000 |
| total shareholders funds | 4,707,000 | 4,686,000 | 4,623,000 | 4,178,000 | 3,638,000 | 2,143,000 | 1,187,000 | 350,000 |
| Oct 2023 | Oct 2022 | Oct 2021 | Jan 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 12,000 | 75,000 | 452,000 | 548,000 | 1,590,000 | 1,177,000 | 1,041,000 | 436,000 |
| Depreciation | 4,000 | 7,000 | 12,000 | 5,000 | 5,000 | 4,000 | 2,000 | 1,000 |
| Amortisation | 11,000 | 38,000 | 48,000 | 65,000 | 53,000 | 40,000 | 28,000 | 4,000 |
| Tax | -1,000 | 1,000 | 3,000 | -93,000 | -221,000 | -203,000 | -88,000 | |
| Stock | -656,000 | -516,000 | -140,000 | 247,000 | 176,000 | 1,038,000 | 101,000 | |
| Debtors | -4,576,000 | -247,000 | -1,491,000 | 1,465,000 | 6,436,000 | 2,090,000 | -2,313,000 | 6,632,000 |
| Creditors | -4,793,000 | -1,937,000 | -7,435,000 | -400,000 | 8,465,000 | 874,000 | 1,420,000 | 3,406,000 |
| Accruals and Deferred Income | -801,000 | 62,000 | -3,500,000 | -588,000 | 2,248,000 | 819,000 | -1,765,000 | 4,850,000 |
| Deferred Taxes & Provisions | 1,000 | -1,000 | -4,000 | -1,000 | 1,000 | 4,000 | ||
| Cash flow from operations | -335,000 | -992,000 | -8,793,000 | -2,083,000 | 5,656,000 | -434,000 | 2,739,000 | 1,977,000 |
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | -248,000 | 248,000 | ||||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | 10,000 | -13,000 | -10,000 | -8,000 | -2,000 | -1,000 | 2,000 | |
| cash flow from financing | -238,000 | 235,000 | 530,000 | -8,000 | -2,000 | -1,000 | 2,000 | |
| cash and cash equivalents | ||||||||
| cash | -592,000 | -759,000 | -8,235,000 | -2,120,000 | 5,595,000 | -455,000 | 2,582,000 | 1,932,000 |
| overdraft | ||||||||
| change in cash | -592,000 | -759,000 | -8,235,000 | -2,120,000 | 5,595,000 | -455,000 | 2,582,000 | 1,932,000 |
wm morrison growers limited Credit Report and Business Information
Wm Morrison Growers Limited Competitor Analysis
Perform a competitor analysis for wm morrison growers limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in BD3 area or any other competitors across 12 key performance metrics.
wm morrison growers limited Ownership
WM MORRISON GROWERS LIMITED group structure
Wm Morrison Growers Limited has no subsidiary companies.
Ultimate parent company
MARKET21 HOLDINGS LP
#0155912
2 parents
WM MORRISON GROWERS LIMITED
09913648
wm morrison growers limited directors
Wm Morrison Growers Limited currently has 2 directors. The longest serving directors include Mr Andrew Thornber (Dec 2015) and Miss Elizabeth Taylor (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Thornber | England | 50 years | Dec 2015 | - | Director |
| Miss Elizabeth Taylor | United Kingdom | 44 years | Oct 2019 | - | Director |
P&L
October 2023turnover
87.5m
-9%
operating profit
12k
-84%
gross margin
1.2%
+34.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
4.7m
0%
total assets
6.6m
-0.47%
cash
68k
-0.9%
net assets
Total assets minus all liabilities
wm morrison growers limited company details
company number
09913648
Type
Private limited with Share Capital
industry
10390 - Other processing and preserving of fruit and vegetables
incorporation date
December 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
hilmore house gain lane, bradford, west yorkshire, BD3 7DL
Bank
-
Legal Advisor
-
wm morrison growers 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 wm morrison growers limited.
wm morrison growers 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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wm morrison growers limited Companies House Filings - See Documents
| date | description | view/download |
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