worldwide foods longsight limited
worldwide foods longsight limited Company Information
Group Structure
View All
Industry
Retail sale in non-specialised stores with food, beverages or tobacco predominating
Registered Address
24 slade lane, manchester, M13 0QE
Website
-worldwide foods longsight limited Estimated Valuation
Pomanda estimates the enterprise value of WORLDWIDE FOODS LONGSIGHT LIMITED at £2.8m based on a Turnover of £7.2m and 0.38x industry multiple (adjusted for size and gross margin).
worldwide foods longsight limited Estimated Valuation
Pomanda estimates the enterprise value of WORLDWIDE FOODS LONGSIGHT LIMITED at £0 based on an EBITDA of £-133.9k and a 4.32x industry multiple (adjusted for size and gross margin).
worldwide foods longsight limited Estimated Valuation
Pomanda estimates the enterprise value of WORLDWIDE FOODS LONGSIGHT LIMITED at £0 based on Net Assets of £-318.2k and 2.66x industry multiple (adjusted for liquidity).
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Worldwide Foods Longsight Limited Overview
Worldwide Foods Longsight Limited is a live company located in manchester, M13 0QE with a Companies House number of 10423311. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in October 2016, it's largest shareholder is mohammed arshad alam with a 100% stake. Worldwide Foods Longsight Limited is a young, mid sized company, Pomanda has estimated its turnover at £7.2m with declining growth in recent years.
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Worldwide Foods Longsight Limited Health Check
Pomanda's financial health check has awarded Worldwide Foods Longsight Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £7.2m, make it larger than the average company (£2.7m)
- Worldwide Foods Longsight Limited
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -26%, show it is growing at a slower rate (6.2%)
- Worldwide Foods Longsight Limited
6.2% - Industry AVG
Production
with a gross margin of 23.8%, this company has a comparable cost of product (23.8%)
- Worldwide Foods Longsight Limited
23.8% - Industry AVG
Profitability
an operating margin of -2% make it less profitable than the average company (3.6%)
- Worldwide Foods Longsight Limited
3.6% - Industry AVG
Employees
with 19 employees, this is below the industry average (34)
19 - Worldwide Foods Longsight Limited
34 - Industry AVG
Pay Structure
on an average salary of £17.5k, the company has an equivalent pay structure (£17.5k)
- Worldwide Foods Longsight Limited
£17.5k - Industry AVG
Efficiency
resulting in sales per employee of £380.7k, this is more efficient (£128.5k)
- Worldwide Foods Longsight Limited
£128.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Worldwide Foods Longsight Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 100 days, this is slower than average (29 days)
- Worldwide Foods Longsight Limited
29 days - Industry AVG
Stock Days
it holds stock equivalent to 24 days, this is more than average (19 days)
- Worldwide Foods Longsight Limited
19 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (20 weeks)
6 weeks - Worldwide Foods Longsight Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 112%, this is a higher level of debt than the average (64%)
112% - Worldwide Foods Longsight Limited
64% - Industry AVG
WORLDWIDE FOODS LONGSIGHT LIMITED financials
Worldwide Foods Longsight Limited's latest turnover from May 2024 is estimated at £7.2 million and the company has net assets of -£318.2 thousand. According to their latest financial statements, Worldwide Foods Longsight Limited has 19 employees and maintains cash reserves of £347.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | Oct 2017 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 19 | 25 | 1 | 1 | 1 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | Oct 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 16,966 | 6,936 | 14,024 | 21,840 | 23,076 | 11,724 | ||
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 16,966 | 6,936 | 14,024 | 21,840 | 23,076 | 11,724 | ||
| Stock & work in progress | 369,550 | 393,150 | 207,280 | 247,480 | 108,125 | 126,665 | ||
| Trade Debtors | 1,570,980 | 1,140,888 | 1,171,752 | |||||
| Group Debtors | ||||||||
| Misc Debtors | 1,908,516 | 1,475,932 | 110,000 | 957,149 | ||||
| Cash | 347,613 | 319,961 | 163,771 | 325,263 | 471,597 | 475,585 | 100 | |
| misc current assets | ||||||||
| total current assets | 2,625,679 | 2,189,043 | 2,052,031 | 1,713,631 | 1,751,474 | 1,559,399 | 100 | |
| total assets | 2,642,645 | 2,195,979 | 2,066,055 | 1,735,471 | 1,774,550 | 1,571,123 | 100 | |
| Bank overdraft | 464,060 | |||||||
| Bank loan | 10,000 | 10,000 | ||||||
| Trade Creditors | 1,522,245 | 1,441,366 | 1,921,601 | 1,628,860 | 1,701,895 | 721,172 | ||
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 760,393 | 755,953 | 830,558 | |||||
| total current liabilities | 2,756,698 | 2,207,319 | 1,921,601 | 1,628,860 | 1,701,895 | 1,551,730 | ||
| loans | 12,388 | 22,388 | ||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 191,790 | 127,790 | 41,933 | 50,000 | ||||
| provisions | 2,665 | 4,385 | 2,228 | |||||
| total long term liabilities | 204,178 | 150,178 | 44,598 | 50,000 | 4,385 | 2,228 | ||
| total liabilities | 2,960,876 | 2,357,497 | 1,966,199 | 1,678,860 | 1,706,280 | 1,553,958 | ||
| net assets | -318,231 | -161,518 | 99,856 | 56,611 | 68,270 | 17,165 | 100 | |
| total shareholders funds | -318,231 | -161,518 | 99,856 | 56,611 | 68,270 | 17,165 | 100 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | Oct 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 11,177 | 7,998 | 7,816 | 7,818 | 6,501 | 2,931 | ||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | -23,600 | 185,870 | -40,200 | 139,355 | -18,540 | 126,665 | ||
| Debtors | 432,584 | -205,048 | 540,092 | -30,864 | 214,603 | 957,149 | ||
| Creditors | 80,879 | -480,235 | 292,741 | -73,035 | 980,723 | 721,172 | ||
| Accruals and Deferred Income | 4,440 | 755,953 | -830,558 | 830,558 | ||||
| Deferred Taxes & Provisions | -2,665 | 2,665 | -4,385 | 2,157 | 2,228 | |||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 10,000 | |||||||
| Group/Directors Accounts | ||||||||
| Other Short Term Loans | ||||||||
| Long term loans | -10,000 | 22,388 | ||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | 64,000 | 85,857 | -8,067 | 50,000 | ||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 27,652 | 156,190 | -161,492 | -146,334 | -3,988 | 475,485 | 100 | |
| overdraft | 464,060 | |||||||
| change in cash | -436,408 | 156,190 | -161,492 | -146,334 | -3,988 | 475,485 | 100 |
worldwide foods longsight limited Credit Report and Business Information
Worldwide Foods Longsight Limited Competitor Analysis
Perform a competitor analysis for worldwide foods longsight limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in M13 area or any other competitors across 12 key performance metrics.
worldwide foods longsight limited Ownership
WORLDWIDE FOODS LONGSIGHT LIMITED group structure
Worldwide Foods Longsight Limited has no subsidiary companies.
Ultimate parent company
WORLDWIDE FOODS LONGSIGHT LIMITED
10423311
worldwide foods longsight limited directors
Worldwide Foods Longsight Limited currently has 1 director, Mr Mohammed Alam serving since Oct 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mohammed Alam | 64 years | Oct 2016 | - | Director |
P&L
May 2024turnover
7.2m
-1%
operating profit
-145.1k
0%
gross margin
23.9%
+2.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
-318.2k
+0.97%
total assets
2.6m
+0.2%
cash
347.6k
+0.09%
net assets
Total assets minus all liabilities
Similar Companies
worldwide foods longsight limited company details
company number
10423311
Type
Private limited with Share Capital
industry
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
incorporation date
October 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
-
address
24 slade lane, manchester, M13 0QE
Bank
-
Legal Advisor
-
worldwide foods longsight 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 found 2 charges/mortgages relating to worldwide foods longsight limited. Currently there are 2 open charges and 0 have been satisfied in the past.
worldwide foods longsight 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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worldwide foods longsight limited Companies House Filings - See Documents
| date | description | view/download |
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