chasseron limited
chasseron limited Company Information
Company Number
10650783
Next Accounts
Apr 2025
Shareholders
iberia industry capital group sarl
alan harman pearce
Group Structure
View All
Industry
Manufacture of bread; manufacture of fresh pastry goods and cakes
Registered Address
3 southernhay west, exeter, EX1 1JG
Website
-chasseron limited Estimated Valuation
Pomanda estimates the enterprise value of CHASSERON LIMITED at £41.3m based on a Turnover of £36.5m and 1.13x industry multiple (adjusted for size and gross margin).
chasseron limited Estimated Valuation
Pomanda estimates the enterprise value of CHASSERON LIMITED at £25.3m based on an EBITDA of £3.1m and a 8.26x industry multiple (adjusted for size and gross margin).
chasseron limited Estimated Valuation
Pomanda estimates the enterprise value of CHASSERON LIMITED at £7.5m based on Net Assets of £3.6m and 2.08x industry multiple (adjusted for liquidity).
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Chasseron Limited Overview
Chasseron Limited is a live company located in exeter, EX1 1JG with a Companies House number of 10650783. It operates in the manufacture of bread sector, SIC Code 10710. Founded in March 2017, it's largest shareholder is iberia industry capital group sarl with a 92.5% stake. Chasseron Limited is a young, large sized company, Pomanda has estimated its turnover at £36.5m with high growth in recent years.
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Chasseron Limited Health Check
Pomanda's financial health check has awarded Chasseron Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £36.5m, make it larger than the average company (£15.1m)
£36.5m - Chasseron Limited
£15.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (6.7%)
19% - Chasseron Limited
6.7% - Industry AVG
Production
with a gross margin of 37.7%, this company has a lower cost of product (28.3%)
37.7% - Chasseron Limited
28.3% - Industry AVG
Profitability
an operating margin of 6.5% make it more profitable than the average company (2.9%)
6.5% - Chasseron Limited
2.9% - Industry AVG
Employees
with 418 employees, this is above the industry average (174)
418 - Chasseron Limited
174 - Industry AVG
Pay Structure
on an average salary of £23.8k, the company has an equivalent pay structure (£28.3k)
£23.8k - Chasseron Limited
£28.3k - Industry AVG
Efficiency
resulting in sales per employee of £87.3k, this is equally as efficient (£101.5k)
£87.3k - Chasseron Limited
£101.5k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is near the average (43 days)
52 days - Chasseron Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 57 days, this is slower than average (45 days)
57 days - Chasseron Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 52 days, this is more than average (27 days)
52 days - Chasseron Limited
27 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (10 weeks)
5 weeks - Chasseron Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76%, this is a higher level of debt than the average (59.7%)
76% - Chasseron Limited
59.7% - Industry AVG
CHASSERON LIMITED financials
Chasseron Limited's latest turnover from July 2023 is £36.5 million and the company has net assets of £3.6 million. According to their latest financial statements, Chasseron Limited has 418 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 36,498,891 | 27,837,614 | 22,095,603 | 21,758,703 | 22,570,864 | 24,913,261 |
| Other Income Or Grants | ||||||
| Cost Of Sales | 22,723,310 | 17,217,410 | 14,259,196 | 15,067,065 | 14,700,713 | 16,195,148 |
| Gross Profit | 13,775,581 | 10,620,204 | 7,836,407 | 6,691,638 | 7,870,151 | 8,718,113 |
| Admin Expenses | 11,396,265 | 8,506,337 | 6,238,249 | 6,074,300 | 7,015,023 | 8,406,950 |
| Operating Profit | 2,379,316 | 2,113,867 | 1,598,158 | 617,338 | 855,128 | 311,163 |
| Interest Payable | 250,468 | 111,539 | 121,995 | 89,275 | 81,671 | 90,920 |
| Interest Receivable | ||||||
| Pre-Tax Profit | 2,128,848 | 2,002,328 | 1,476,163 | 266,881 | 773,457 | 220,243 |
| Tax | -453,694 | -372,036 | -166,485 | -5,447 | 11,596 | |
| Profit After Tax | 1,675,154 | 1,630,292 | 1,309,678 | 266,881 | 768,010 | 231,839 |
| Dividends Paid | 1,150,000 | 1,100,000 | ||||
| Retained Profit | 525,154 | 530,292 | 1,309,678 | 266,881 | 768,010 | 231,839 |
| Employee Costs | 9,947,091 | 7,488,660 | 6,768,433 | 7,419,967 | 6,968,449 | 7,955,832 |
| Number Of Employees | 418 | 321 | 274 | 354 | 355 | 331 |
| EBITDA* | 3,059,984 | 2,549,438 | 1,949,373 | 998,946 | 1,175,939 | 808,966 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 6,085,003 | 5,408,144 | 5,097,655 | 5,014,600 | 4,762,875 | 4,403,570 |
| Intangible Assets | -1,738,188 | -1,850,699 | -2,020,696 | -2,127,005 | -2,233,135 | -2,343,006 |
| Investments & Other | 50 | 50 | 50 | 50 | 50 | 50 |
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 4,346,865 | 3,557,495 | 3,077,009 | 2,887,645 | 2,529,790 | 2,060,614 |
| Stock & work in progress | 3,293,249 | 2,347,679 | 1,455,583 | 1,571,757 | 1,363,461 | 963,807 |
| Trade Debtors | 5,235,428 | 3,281,328 | 2,775,550 | 1,246,959 | 2,397,927 | 1,959,897 |
| Group Debtors | 2 | 1 | ||||
| Misc Debtors | 1,161,781 | 1,124,090 | 813,975 | 986,896 | 724,732 | 735,327 |
| Cash | 1,059,324 | 1,599,233 | 1,501,408 | 24,218 | 723,433 | 410,485 |
| misc current assets | ||||||
| total current assets | 10,749,782 | 8,352,330 | 6,546,516 | 3,829,832 | 5,209,554 | 4,069,516 |
| total assets | 15,096,647 | 11,909,825 | 9,623,525 | 6,717,477 | 7,739,344 | 6,130,130 |
| Bank overdraft | 668,028 | 1,584,847 | ||||
| Bank loan | 245,178 | 246,773 | 163,971 | 80,641 | 97,079 | |
| Trade Creditors | 3,601,089 | 2,856,316 | 1,986,272 | 1,065,820 | 2,280,770 | 2,185,422 |
| Group/Directors Accounts | 3 | 403,749 | 753,749 | 749,999 | ||
| other short term finances | 4,339,073 | 2,777,087 | 2,264,564 | 804,813 | 1,961,144 | |
| hp & lease commitments | 138,308 | 152,250 | 154,191 | 153,026 | 118,424 | 32,043 |
| other current liabilities | 1,506,873 | 1,002,944 | 659,890 | 1,196,696 | 454,589 | 415,446 |
| total current liabilities | 9,830,521 | 7,035,370 | 5,228,891 | 4,372,773 | 5,665,755 | 4,967,757 |
| loans | 806,037 | 1,049,213 | 1,303,002 | 592,555 | 632,189 | 839,891 |
| hp & lease commitments | 52,177 | 187,503 | 352,854 | 471,534 | 441,541 | 90,633 |
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | 780,173 | 535,154 | 166,485 | |||
| total long term liabilities | 1,638,387 | 1,771,870 | 1,822,341 | 1,064,089 | 1,073,730 | 930,524 |
| total liabilities | 11,468,908 | 8,807,240 | 7,051,232 | 5,436,862 | 6,739,485 | 5,898,281 |
| net assets | 3,627,739 | 3,102,585 | 2,572,293 | 1,280,615 | 999,859 | 231,849 |
| total shareholders funds | 3,627,739 | 3,102,585 | 2,572,293 | 1,280,615 | 999,859 | 231,849 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 2,379,316 | 2,113,867 | 1,598,158 | 617,338 | 855,128 | 311,163 |
| Depreciation | 553,986 | 536,452 | 457,524 | 487,738 | 426,932 | 496,633 |
| Amortisation | 126,682 | -100,881 | -106,309 | -106,130 | -106,121 | 1,170 |
| Tax | -453,694 | -372,036 | -166,485 | -5,447 | 11,596 | |
| Stock | 945,570 | 892,096 | -116,174 | 208,296 | 399,654 | 963,807 |
| Debtors | 1,991,791 | 815,893 | 1,355,668 | -888,803 | 427,436 | 2,695,224 |
| Creditors | 744,773 | 870,044 | 920,452 | -1,214,950 | 95,348 | 2,185,422 |
| Accruals and Deferred Income | 503,929 | 343,054 | -536,806 | 742,107 | 39,143 | 415,446 |
| Deferred Taxes & Provisions | 245,019 | 368,669 | 166,485 | |||
| Cash flow from operations | 1,162,650 | 2,051,180 | 1,093,525 | 1,206,610 | 477,893 | -237,601 |
| Investing Activities | ||||||
| capital expenditure | -629,000 | |||||
| Change in Investments | 50 | |||||
| cash flow from investments | -629,050 | |||||
| Financing Activities | ||||||
| Bank loans | -1,595 | 82,802 | 83,330 | -16,438 | 97,079 | |
| Group/Directors Accounts | -3 | -403,746 | -350,000 | 3,750 | 749,999 | |
| Other Short Term Loans | 1,561,986 | 512,523 | 1,459,751 | -1,156,331 | 1,961,144 | |
| Long term loans | -243,176 | -253,789 | 710,447 | -39,634 | -207,702 | 839,891 |
| Hire Purchase and Lease Commitments | -149,268 | -167,292 | -117,515 | 64,595 | 437,289 | 122,676 |
| other long term liabilities | ||||||
| share issue | ||||||
| interest | -250,468 | -111,539 | -121,995 | -89,275 | -81,671 | -90,920 |
| cash flow from financing | 917,479 | 62,702 | 1,592,272 | -1,573,208 | 2,209,889 | 1,621,656 |
| cash and cash equivalents | ||||||
| cash | -539,909 | 97,825 | 1,477,190 | -699,215 | 312,948 | 410,485 |
| overdraft | -668,028 | 668,028 | -1,584,847 | 1,584,847 | ||
| change in cash | -539,909 | 97,825 | 2,145,218 | -1,367,243 | 1,897,795 | -1,174,362 |
chasseron limited Credit Report and Business Information
Chasseron Limited Competitor Analysis
Perform a competitor analysis for chasseron limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in EX1 area or any other competitors across 12 key performance metrics.
chasseron limited Ownership
CHASSERON LIMITED group structure
Chasseron Limited has 1 subsidiary company.
Ultimate parent company
IBERIA INDUSTRY CAPITAL GROUP SA
#0001925
1 parent
CHASSERON LIMITED
10650783
1 subsidiary
chasseron limited directors
Chasseron Limited currently has 2 directors. The longest serving directors include Jan Pyttel (Mar 2017) and Mr Jeffrey Lifflander (Mar 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Jan Pyttel | England | 59 years | Mar 2017 | - | Director |
| Mr Jeffrey Lifflander | England | 55 years | Mar 2017 | - | Director |
P&L
July 2023turnover
36.5m
+31%
operating profit
2.4m
+13%
gross margin
37.8%
-1.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
3.6m
+0.17%
total assets
15.1m
+0.27%
cash
1.1m
-0.34%
net assets
Total assets minus all liabilities
chasseron limited company details
company number
10650783
Type
Private limited with Share Capital
industry
10710 - Manufacture of bread; manufacture of fresh pastry goods and cakes
incorporation date
March 2017
age
8
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
HAINES WATTS ACCOUNTANTS (EXERTER) LIMITED
address
3 southernhay west, exeter, EX1 1JG
Bank
-
Legal Advisor
-
chasseron 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 chasseron limited.
chasseron 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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chasseron limited Companies House Filings - See Documents
| date | description | view/download |
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