goosemoor foodservice limited Company Information
Company Number
10953859
Website
www.dartfreshproduce.co.ukRegistered Address
28 alexandra terrace, exmouth, devon, EX8 1BD
Industry
Wholesale of fruit and vegetables
Telephone
01392873036
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
goosemoor limited 100%
goosemoor foodservice limited Estimated Valuation
Pomanda estimates the enterprise value of GOOSEMOOR FOODSERVICE LIMITED at £3.5m based on a Turnover of £13.8m and 0.25x industry multiple (adjusted for size and gross margin).
goosemoor foodservice limited Estimated Valuation
Pomanda estimates the enterprise value of GOOSEMOOR FOODSERVICE LIMITED at £0 based on an EBITDA of £-866.1k and a 3.99x industry multiple (adjusted for size and gross margin).
goosemoor foodservice limited Estimated Valuation
Pomanda estimates the enterprise value of GOOSEMOOR FOODSERVICE LIMITED at £1.7m based on Net Assets of £867.3k and 1.95x industry multiple (adjusted for liquidity).
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Goosemoor Foodservice Limited Overview
Goosemoor Foodservice Limited is a live company located in devon, EX8 1BD with a Companies House number of 10953859. It operates in the wholesale of fruit and vegetables sector, SIC Code 46310. Founded in September 2017, it's largest shareholder is goosemoor limited with a 100% stake. Goosemoor Foodservice Limited is a young, mid sized company, Pomanda has estimated its turnover at £13.8m with rapid growth in recent years.
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Goosemoor Foodservice Limited Health Check
Pomanda's financial health check has awarded Goosemoor Foodservice 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
3 Regular
6 Weak
Size
annual sales of £13.8m, make it smaller than the average company (£20.4m)
- Goosemoor Foodservice Limited
£20.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 35%, show it is growing at a faster rate (3.8%)
- Goosemoor Foodservice Limited
3.8% - Industry AVG
Production
with a gross margin of 12.4%, this company has a comparable cost of product (12.4%)
- Goosemoor Foodservice Limited
12.4% - Industry AVG
Profitability
an operating margin of -7.9% make it less profitable than the average company (2.5%)
- Goosemoor Foodservice Limited
2.5% - Industry AVG
Employees
with 59 employees, this is above the industry average (40)
59 - Goosemoor Foodservice Limited
40 - Industry AVG
Pay Structure
on an average salary of £34.6k, the company has an equivalent pay structure (£34.6k)
- Goosemoor Foodservice Limited
£34.6k - Industry AVG
Efficiency
resulting in sales per employee of £233.6k, this is less efficient (£460.6k)
- Goosemoor Foodservice Limited
£460.6k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is near the average (32 days)
- Goosemoor Foodservice Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (33 days)
- Goosemoor Foodservice Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is more than average (8 days)
- Goosemoor Foodservice Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is more cash available to meet short term requirements (13 weeks)
17 weeks - Goosemoor Foodservice Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.7%, this is a higher level of debt than the average (62.3%)
71.7% - Goosemoor Foodservice Limited
62.3% - Industry AVG
GOOSEMOOR FOODSERVICE LIMITED financials
Goosemoor Foodservice Limited's latest turnover from February 2023 is estimated at £13.8 million and the company has net assets of £867.3 thousand. According to their latest financial statements, Goosemoor Foodservice Limited has 59 employees and maintains cash reserves of £591.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
---|---|---|---|---|---|
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 | 59 | 47 | 33 | 6 | 4 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
---|---|---|---|---|---|
Tangible Assets | 735,984 | 476,178 | 376,161 | 129,811 | 81,439 |
Intangible Assets | 45,833 | 55,833 | 65,833 | 75,833 | 85,833 |
Investments & Other | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 781,817 | 532,011 | 441,994 | 205,644 | 167,272 |
Stock & work in progress | 326,774 | 278,750 | 181,459 | 82,998 | 92,441 |
Trade Debtors | 1,218,642 | 1,040,420 | 411,530 | 732,414 | 779,061 |
Group Debtors | 79,701 | 0 | 0 | 0 | 0 |
Misc Debtors | 71,162 | 84,834 | 104,799 | 71,998 | 55,714 |
Cash | 591,269 | 1,607,039 | 619,703 | 724,587 | 656,365 |
misc current assets | 0 | 0 | 0 | 0 | 0 |
total current assets | 2,287,548 | 3,011,043 | 1,317,491 | 1,611,997 | 1,583,581 |
total assets | 3,069,365 | 3,543,054 | 1,759,485 | 1,817,641 | 1,750,853 |
Bank overdraft | 0 | 0 | 0 | 0 | 69,483 |
Bank loan | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 879,796 | 851,957 | 520,244 | 668,271 | 599,459 |
Group/Directors Accounts | 198,441 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 131,567 | 60,750 | 26,197 | 0 | 0 |
other current liabilities | 531,219 | 442,883 | 90,569 | 132,166 | 316,713 |
total current liabilities | 1,741,023 | 1,355,590 | 637,010 | 800,437 | 985,655 |
loans | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 285,362 | 147,532 | 85,718 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 |
provisions | 175,693 | 127,712 | 102,251 | 34,010 | 22,896 |
total long term liabilities | 461,055 | 275,244 | 187,969 | 34,010 | 22,896 |
total liabilities | 2,202,078 | 1,630,834 | 824,979 | 834,447 | 1,008,551 |
net assets | 867,287 | 1,912,220 | 934,506 | 983,194 | 742,302 |
total shareholders funds | 867,287 | 1,912,220 | 934,506 | 983,194 | 742,302 |
Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
---|---|---|---|---|---|
Operating Activities | |||||
Operating Profit | |||||
Depreciation | 212,779 | 139,940 | 64,921 | 25,312 | 28,633 |
Amortisation | 10,000 | 10,000 | 10,000 | 10,000 | 14,167 |
Tax | |||||
Stock | 48,024 | 97,291 | 98,461 | -9,443 | 92,441 |
Debtors | 244,251 | 608,925 | -288,083 | -30,363 | 834,775 |
Creditors | 27,839 | 331,713 | -148,027 | 68,812 | 599,459 |
Accruals and Deferred Income | 88,336 | 352,314 | -41,597 | -184,547 | 316,713 |
Deferred Taxes & Provisions | 47,981 | 25,461 | 68,241 | 11,114 | 22,896 |
Cash flow from operations | |||||
Investing Activities | |||||
capital expenditure | |||||
Change in Investments | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||
Financing Activities | |||||
Bank loans | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 198,441 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 208,647 | 96,367 | 111,915 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 |
share issue | |||||
interest | |||||
cash flow from financing | |||||
cash and cash equivalents | |||||
cash | -1,015,770 | 987,336 | -104,884 | 68,222 | 656,365 |
overdraft | 0 | 0 | 0 | -69,483 | 69,483 |
change in cash | -1,015,770 | 987,336 | -104,884 | 137,705 | 586,882 |
goosemoor foodservice limited Credit Report and Business Information
Goosemoor Foodservice Limited Competitor Analysis
Perform a competitor analysis for goosemoor foodservice limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
goosemoor foodservice limited Ownership
GOOSEMOOR FOODSERVICE LIMITED group structure
Goosemoor Foodservice Limited has no subsidiary companies.
goosemoor foodservice limited directors
Goosemoor Foodservice Limited currently has 5 directors. The longest serving directors include Mr John Pritchard (Sep 2017) and Mr Morley Sage (Oct 2019).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr John Pritchard | England | 58 years | Sep 2017 | - | Director |
Mr Morley Sage | United Kingdom | 61 years | Oct 2019 | - | Director |
Mr Jamie Walsh | England | 38 years | Mar 2021 | - | Director |
Mr George Pritchard | England | 27 years | Aug 2021 | - | Director |
Mr Ben Pritchard | England | 28 years | Mar 2023 | - | Director |
P&L
February 2023turnover
13.8m
+25%
operating profit
-1.1m
0%
gross margin
12.4%
-0.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
867.3k
-0.55%
total assets
3.1m
-0.13%
cash
591.3k
-0.63%
net assets
Total assets minus all liabilities
goosemoor foodservice limited company details
company number
10953859
Type
Private limited with Share Capital
industry
46310 - Wholesale of fruit and vegetables
incorporation date
September 2017
age
7
accounts
Total Exemption Full
ultimate parent company
previous names
dart fresh produce limited (March 2022)
incorporated
UK
address
28 alexandra terrace, exmouth, devon, EX8 1BD
last accounts submitted
February 2023
goosemoor foodservice 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 goosemoor foodservice limited.
goosemoor foodservice limited Companies House Filings - See Documents
date | description | view/download |
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