willbfit foodprep limited
willbfit foodprep limited Company Information
Company Number
11261722
Website
-Registered Address
the ufford crown, high st, high street, woodbridge, suffolk, IP13 6EL
Industry
Manufacture of prepared meals and dishes
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Directors
William Hardiman6 Years
Shareholders
william hardiman 50%
amelia barnes 50%
willbfit foodprep limited Estimated Valuation
Pomanda estimates the enterprise value of WILLBFIT FOODPREP LIMITED at £38.4k based on a Turnover of £99.1k and 0.39x industry multiple (adjusted for size and gross margin).
willbfit foodprep limited Estimated Valuation
Pomanda estimates the enterprise value of WILLBFIT FOODPREP LIMITED at £0 based on an EBITDA of £-720 and a 3.12x industry multiple (adjusted for size and gross margin).
willbfit foodprep limited Estimated Valuation
Pomanda estimates the enterprise value of WILLBFIT FOODPREP LIMITED at £0 based on Net Assets of £-717 and 2.03x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Willbfit Foodprep Limited Overview
Willbfit Foodprep Limited is a dissolved company that was located in woodbridge, IP13 6EL with a Companies House number of 11261722. It operated in the manufacture of prepared meals and dishes sector, SIC Code 10850. Founded in March 2018, it's largest shareholder was william hardiman with a 50% stake. The last turnover for Willbfit Foodprep Limited was estimated at £99.1k.
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Willbfit Foodprep Limited Health Check
Pomanda's financial health check has awarded Willbfit Foodprep Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £99.1k, make it smaller than the average company (£16.9m)
- Willbfit Foodprep Limited
£16.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Willbfit Foodprep Limited
- - Industry AVG
Production
with a gross margin of 16.8%, this company has a higher cost of product (24.2%)
- Willbfit Foodprep Limited
24.2% - Industry AVG
Profitability
an operating margin of -0.7% make it less profitable than the average company (2.5%)
- Willbfit Foodprep Limited
2.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (173)
2 - Willbfit Foodprep Limited
173 - Industry AVG
Pay Structure
on an average salary of £26.1k, the company has an equivalent pay structure (£26.1k)
- Willbfit Foodprep Limited
£26.1k - Industry AVG
Efficiency
resulting in sales per employee of £49.6k, this is less efficient (£115.6k)
- Willbfit Foodprep Limited
£115.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Willbfit Foodprep Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (44 days)
- Willbfit Foodprep Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Willbfit Foodprep Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is more cash available to meet short term requirements (2 weeks)
19 weeks - Willbfit Foodprep Limited
2 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 264.5%, this is a higher level of debt than the average (62.8%)
264.5% - Willbfit Foodprep Limited
62.8% - Industry AVG
WILLBFIT FOODPREP LIMITED financials
Willbfit Foodprep Limited's latest turnover from March 2019 is estimated at £99.1 thousand and the company has net assets of -£717. According to their latest financial statements, Willbfit Foodprep Limited has 2 employees and maintains cash reserves of £436 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 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 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2019 | |
|---|---|
| Tangible Assets | 0 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 0 |
| Stock & work in progress | 0 |
| Trade Debtors | 0 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 436 |
| misc current assets | 0 |
| total current assets | 436 |
| total assets | 436 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 1,153 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 1,153 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 0 |
| total liabilities | 1,153 |
| net assets | -717 |
| total shareholders funds | -717 |
| Mar 2019 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 0 |
| Debtors | 0 |
| Creditors | 1,153 |
| Accruals and Deferred Income | 0 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 436 |
| overdraft | 0 |
| change in cash | 436 |
willbfit foodprep limited Credit Report and Business Information
Willbfit Foodprep Limited Competitor Analysis
Perform a competitor analysis for willbfit foodprep limited by selecting its closest rivals, whether from the MANUFACTURING sector, other undefined companies, companies in IP13 area or any other competitors across 12 key performance metrics.
willbfit foodprep limited Ownership
WILLBFIT FOODPREP LIMITED group structure
Willbfit Foodprep Limited has no subsidiary companies.
Ultimate parent company
WILLBFIT FOODPREP LIMITED
11261722
willbfit foodprep limited directors
Willbfit Foodprep Limited currently has 1 director, Mr William Hardiman serving since Mar 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Hardiman | United Kingdom | 48 years | Mar 2018 | - | Director |
P&L
March 2019turnover
99.1k
0%
operating profit
-720.6
0%
gross margin
16.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2019net assets
-717
0%
total assets
436
0%
cash
436
0%
net assets
Total assets minus all liabilities
willbfit foodprep limited company details
company number
11261722
Type
Private limited with Share Capital
industry
10850 - Manufacture of prepared meals and dishes
incorporation date
March 2018
age
6
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2019
previous names
N/A
accountant
PINFOLD & CO
auditor
-
address
the ufford crown, high st, high street, woodbridge, suffolk, IP13 6EL
Bank
-
Legal Advisor
-
willbfit foodprep 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 willbfit foodprep limited.
willbfit foodprep limited Companies House Filings - See Documents
| date | description | view/download |
|---|
