fruit forever limited
fruit forever limited Company Information
Company Number
11206536
Next Accounts
96 days late
Shareholders
garry cirillo
kelly ann cirillo
View AllGroup Structure
View All
Industry
Wholesale of fruit and vegetables
Registered Address
the bungalow northgate, pinchbeck, spalding, PE11 3SQ
Website
-fruit forever limited Estimated Valuation
Pomanda estimates the enterprise value of FRUIT FOREVER LIMITED at £14m based on a Turnover of £31.1m and 0.45x industry multiple (adjusted for size and gross margin).
fruit forever limited Estimated Valuation
Pomanda estimates the enterprise value of FRUIT FOREVER LIMITED at £1.2m based on an EBITDA of £206k and a 5.76x industry multiple (adjusted for size and gross margin).
fruit forever limited Estimated Valuation
Pomanda estimates the enterprise value of FRUIT FOREVER LIMITED at £217.1k based on Net Assets of £112.2k and 1.94x industry multiple (adjusted for liquidity).
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Fruit Forever Limited Overview
Fruit Forever Limited is a live company located in spalding, PE11 3SQ with a Companies House number of 11206536. It operates in the wholesale of fruit and vegetables sector, SIC Code 46310. Founded in February 2018, it's largest shareholder is garry cirillo with a 36.3% stake. Fruit Forever Limited is a young, large sized company, Pomanda has estimated its turnover at £31.1m with unknown growth in recent years.
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Fruit Forever Limited Health Check
Pomanda's financial health check has awarded Fruit Forever Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £31.1m, make it larger than the average company (£19.9m)
- Fruit Forever Limited
£19.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Fruit Forever Limited
- - Industry AVG
Production
with a gross margin of 12.3%, this company has a comparable cost of product (12.3%)
- Fruit Forever Limited
12.3% - Industry AVG
Profitability
an operating margin of 0.3% make it less profitable than the average company (2.4%)
- Fruit Forever Limited
2.4% - Industry AVG
Employees
with 8 employees, this is below the industry average (41)
8 - Fruit Forever Limited
41 - Industry AVG
Pay Structure
on an average salary of £34.5k, the company has an equivalent pay structure (£34.5k)
- Fruit Forever Limited
£34.5k - Industry AVG
Efficiency
resulting in sales per employee of £3.9m, this is more efficient (£461.7k)
- Fruit Forever Limited
£461.7k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is near the average (33 days)
- Fruit Forever Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 54 days, this is slower than average (33 days)
- Fruit Forever Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 11 days, this is more than average (8 days)
- Fruit Forever Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (13 weeks)
7 weeks - Fruit Forever Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.9%, this is a higher level of debt than the average (62.7%)
97.9% - Fruit Forever Limited
62.7% - Industry AVG
FRUIT FOREVER LIMITED financials
Fruit Forever Limited's latest turnover from March 2023 is estimated at £31.1 million and the company has net assets of £112.2 thousand. According to their latest financial statements, Fruit Forever Limited has 8 employees and maintains cash reserves of £741.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 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 | 8 | 8 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 36,126 | 42,095 | 5,540 | ||
| Intangible Assets | 252,000 | 336,000 | |||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 288,126 | 378,095 | 5,540 | ||
| Stock & work in progress | 891,282 | 497,246 | |||
| Trade Debtors | 3,323,304 | 1,370,516 | 348,905 | ||
| Group Debtors | |||||
| Misc Debtors | 197,323 | 223,952 | 5,589 | ||
| Cash | 741,057 | 41,234 | 2,210 | 1 | |
| misc current assets | |||||
| total current assets | 5,152,966 | 2,132,948 | 356,704 | 1 | |
| total assets | 5,441,092 | 2,511,043 | 362,244 | 1 | |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 4,047,087 | 1,643,048 | 356,373 | ||
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 1,275,522 | 846,745 | 1,749 | ||
| total current liabilities | 5,322,609 | 2,489,793 | 358,122 | ||
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | 6,276 | 7,280 | 177 | ||
| total long term liabilities | 6,276 | 7,280 | 177 | ||
| total liabilities | 5,328,885 | 2,497,073 | 358,299 | ||
| net assets | 112,207 | 13,970 | 3,945 | 1 | |
| total shareholders funds | 112,207 | 13,970 | 3,945 | 1 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 17,323 | 3,729 | |||
| Amortisation | 84,000 | ||||
| Tax | |||||
| Stock | 394,036 | 497,246 | |||
| Debtors | 1,926,159 | 1,239,974 | 354,494 | ||
| Creditors | 2,404,039 | 1,286,675 | 356,373 | ||
| Accruals and Deferred Income | 428,777 | 844,996 | 1,749 | ||
| Deferred Taxes & Provisions | -1,004 | 7,103 | 177 | ||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | |||||
| Other Short Term Loans | |||||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 699,823 | 39,024 | 2,209 | 1 | |
| overdraft | |||||
| change in cash | 699,823 | 39,024 | 2,209 | 1 |
fruit forever limited Credit Report and Business Information
Fruit Forever Limited Competitor Analysis
Perform a competitor analysis for fruit forever limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in PE11 area or any other competitors across 12 key performance metrics.
fruit forever limited Ownership
FRUIT FOREVER LIMITED group structure
Fruit Forever Limited has no subsidiary companies.
fruit forever limited directors
Fruit Forever Limited currently has 3 directors. The longest serving directors include Mr Garry Cirillo (Feb 2018) and Mr Garry Cirillo (Feb 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Garry Cirillo | England | 53 years | Feb 2018 | - | Director |
| Mr Garry Cirillo | England | 53 years | Feb 2018 | - | Director |
| Mr Robert Landymore | 48 years | Nov 2024 | - | Director |
P&L
March 2023turnover
31.1m
+123%
operating profit
104.7k
0%
gross margin
12.4%
+4.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
112.2k
+7.03%
total assets
5.4m
+1.17%
cash
741.1k
+16.97%
net assets
Total assets minus all liabilities
Similar Companies
fruit forever limited company details
company number
11206536
Type
Private limited with Share Capital
industry
46310 - Wholesale of fruit and vegetables
incorporation date
February 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
AGGARWAL & CO LIMITED
auditor
-
address
the bungalow northgate, pinchbeck, spalding, PE11 3SQ
Bank
-
Legal Advisor
-
fruit forever 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 4 charges/mortgages relating to fruit forever limited. Currently there are 4 open charges and 0 have been satisfied in the past.
fruit forever 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.
Click to start generating capital raising & share issue transactions for FRUIT FOREVER LIMITED. This can take several minutes, an email will notify you when this has completed.
fruit forever limited Companies House Filings - See Documents
| date | description | view/download |
|---|
