uk food certification limited Company Information
Company Number
10391784
Website
www.ukfoodcert.co.ukRegistered Address
30 tower view, kings hill, west malling, kent, ME19 4UY
Industry
Other personal service activities n.e.c.
Telephone
01606532526
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
amtivo group limited 100%
uk food certification limited Estimated Valuation
Pomanda estimates the enterprise value of UK FOOD CERTIFICATION LIMITED at £1.6m based on a Turnover of £2.2m and 0.73x industry multiple (adjusted for size and gross margin).
uk food certification limited Estimated Valuation
Pomanda estimates the enterprise value of UK FOOD CERTIFICATION LIMITED at £1.8m based on an EBITDA of £380.2k and a 4.76x industry multiple (adjusted for size and gross margin).
uk food certification limited Estimated Valuation
Pomanda estimates the enterprise value of UK FOOD CERTIFICATION LIMITED at £205.6k based on Net Assets of £101.1k and 2.03x industry multiple (adjusted for liquidity).
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Uk Food Certification Limited Overview
Uk Food Certification Limited is a live company located in west malling, ME19 4UY with a Companies House number of 10391784. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in September 2016, it's largest shareholder is amtivo group limited with a 100% stake. Uk Food Certification Limited is a young, small sized company, Pomanda has estimated its turnover at £2.2m with rapid growth in recent years.
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Uk Food Certification Limited Health Check
Pomanda's financial health check has awarded Uk Food Certification Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £2.2m, make it larger than the average company (£1.1m)
£2.2m - Uk Food Certification Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 43%, show it is growing at a faster rate (7.8%)
- Uk Food Certification Limited
7.8% - Industry AVG
Production
with a gross margin of 47.1%, this company has a comparable cost of product (42.5%)
47.1% - Uk Food Certification Limited
42.5% - Industry AVG
Profitability
an operating margin of 17.1% make it more profitable than the average company (6.5%)
17.1% - Uk Food Certification Limited
6.5% - Industry AVG
Employees
with 18 employees, this is similar to the industry average (15)
18 - Uk Food Certification Limited
15 - Industry AVG
Pay Structure
on an average salary of £33.4k, the company has an equivalent pay structure (£33.4k)
- Uk Food Certification Limited
£33.4k - Industry AVG
Efficiency
resulting in sales per employee of £121.1k, this is more efficient (£100.4k)
£121.1k - Uk Food Certification Limited
£100.4k - Industry AVG
Debtor Days
it gets paid by customers after 88 days, this is later than average (30 days)
88 days - Uk Food Certification Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 489 days, this is slower than average (41 days)
489 days - Uk Food Certification Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Uk Food Certification Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (40 weeks)
9 weeks - Uk Food Certification Limited
40 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.9%, this is a higher level of debt than the average (46.4%)
93.9% - Uk Food Certification Limited
46.4% - Industry AVG
UK FOOD CERTIFICATION LIMITED financials
Uk Food Certification Limited's latest turnover from December 2023 is £2.2 million and the company has net assets of £101.1 thousand. According to their latest financial statements, Uk Food Certification Limited has 18 employees and maintains cash reserves of £280.3 thousand 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 | |
---|---|---|---|---|---|---|---|
Turnover | 2,180,314 | 1,863,329 | |||||
Other Income Or Grants | 0 | 0 | |||||
Cost Of Sales | 1,152,522 | 1,020,610 | |||||
Gross Profit | 1,027,792 | 842,719 | |||||
Admin Expenses | 654,310 | 595,170 | |||||
Operating Profit | 373,482 | 247,549 | |||||
Interest Payable | 1,575 | 878 | |||||
Interest Receivable | 0 | 0 | |||||
Pre-Tax Profit | 371,907 | 246,671 | |||||
Tax | -87,016 | -47,769 | |||||
Profit After Tax | 284,891 | 198,902 | |||||
Dividends Paid | 215,000 | 200,000 | |||||
Retained Profit | 69,891 | -1,098 | |||||
Employee Costs | |||||||
Number Of Employees | 18 | 18 | 17 | 14 | 12 | 10 | 10 |
EBITDA* | 380,165 | 260,268 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
---|---|---|---|---|---|---|---|
Tangible Assets | 3,452 | 8,030 | 14,613 | 15,882 | 7,419 | 6,230 | 5,688 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 3,452 | 8,030 | 14,613 | 15,882 | 7,419 | 6,230 | 5,688 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 529,042 | 349,222 | 340,629 | 216,582 | 350,711 | 153,796 | 125,330 |
Group Debtors | 707,334 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 127,535 | 555,334 | 78,273 | 138,376 | 24,594 | 28,000 | 8,597 |
Cash | 280,309 | 429,921 | 565,931 | 369,906 | 340,455 | 170,932 | 79,832 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,644,220 | 1,334,477 | 984,833 | 724,864 | 715,760 | 352,728 | 213,759 |
total assets | 1,647,672 | 1,342,507 | 999,446 | 740,746 | 723,179 | 358,958 | 219,447 |
Bank overdraft | 0 | 0 | 7,500 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 1,546,598 | 1,278,118 | 225,797 | 124,885 | 32,515 | 78,480 | 37,546 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 97,375 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 691,368 | 611,553 | 656,793 | 310,745 | 190,520 |
total current liabilities | 1,546,598 | 1,278,118 | 924,665 | 736,438 | 689,308 | 389,225 | 325,441 |
loans | 0 | 0 | 42,500 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 33,206 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 33,206 | 42,500 | 0 | 0 | 0 | 0 |
total liabilities | 1,546,598 | 1,311,324 | 967,165 | 736,438 | 689,308 | 389,225 | 325,441 |
net assets | 101,074 | 31,183 | 32,281 | 4,308 | 33,871 | -30,267 | -105,994 |
total shareholders funds | 101,074 | 31,183 | 32,281 | 4,308 | 33,871 | -30,267 | -105,994 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | 373,482 | 247,549 | |||||
Depreciation | 6,683 | 12,719 | 12,787 | 10,709 | 6,480 | 5,145 | |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |
Tax | -87,016 | -47,769 | |||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 459,355 | 485,654 | 63,944 | -20,347 | 193,509 | 47,869 | 133,927 |
Creditors | 268,480 | 1,052,321 | 100,912 | 92,370 | -45,965 | 40,934 | 37,546 |
Accruals and Deferred Income | 0 | -691,368 | 79,815 | -45,240 | 346,048 | 120,225 | 190,520 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 102,274 | 87,798 | |||||
Investing Activities | |||||||
capital expenditure | |||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||
Financing Activities | |||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -97,375 | 97,375 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | -42,500 | 42,500 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -33,206 | 33,206 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||
interest | -1,575 | -878 | |||||
cash flow from financing | -34,781 | -10,172 | |||||
cash and cash equivalents | |||||||
cash | -149,612 | -136,010 | 196,025 | 29,451 | 169,523 | 91,100 | 79,832 |
overdraft | 0 | -7,500 | 7,500 | 0 | 0 | 0 | 0 |
change in cash | -149,612 | -128,510 | 188,525 | 29,451 | 169,523 | 91,100 | 79,832 |
uk food certification limited Credit Report and Business Information
Uk Food Certification Limited Competitor Analysis
Perform a competitor analysis for uk food certification limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in ME19 area or any other competitors across 12 key performance metrics.
uk food certification limited Ownership
UK FOOD CERTIFICATION LIMITED group structure
Uk Food Certification Limited has no subsidiary companies.
Ultimate parent company
UK FOOD CERTIFICATION LIMITED
10391784
uk food certification limited directors
Uk Food Certification Limited currently has 3 directors. The longest serving directors include Mr Thomas Crockford (Dec 2023) and Mr Michael Brophy (Dec 2023).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Thomas Crockford | United Kingdom | 43 years | Dec 2023 | - | Director |
Mr Michael Brophy | England | 55 years | Dec 2023 | - | Director |
Mr Michael Tims | United Kingdom | 67 years | Jan 2024 | - | Director |
P&L
December 2023turnover
2.2m
+17%
operating profit
373.5k
+51%
gross margin
47.2%
+4.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
101.1k
+2.24%
total assets
1.6m
+0.23%
cash
280.3k
-0.35%
net assets
Total assets minus all liabilities
uk food certification limited company details
company number
10391784
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
September 2016
age
8
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
30 tower view, kings hill, west malling, kent, ME19 4UY
Bank
-
Legal Advisor
-
uk food certification 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 uk food certification limited.
uk food certification limited Companies House Filings - See Documents
date | description | view/download |
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