william jackson foods limited

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william jackson foods limited Company Information

Share WILLIAM JACKSON FOODS LIMITED

Company Number

11273230

Shareholders

mr christopher mclaren oughtred & mr michael norman oughtred & louise jane horsley

mr john angus mclaren oughtred

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Group Structure

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Industry

Manufacture of other food products n.e.c.

 

Registered Address

the riverside building, livingstone road, hessle, east yorkshire, HU13 0DZ

william jackson foods limited Estimated Valuation

£425.8m

Pomanda estimates the enterprise value of WILLIAM JACKSON FOODS LIMITED at £425.8m based on a Turnover of £334.3m and 1.27x industry multiple (adjusted for size and gross margin).

william jackson foods limited Estimated Valuation

£133.4m

Pomanda estimates the enterprise value of WILLIAM JACKSON FOODS LIMITED at £133.4m based on an EBITDA of £15.4m and a 8.69x industry multiple (adjusted for size and gross margin).

william jackson foods limited Estimated Valuation

£358.7m

Pomanda estimates the enterprise value of WILLIAM JACKSON FOODS LIMITED at £358.7m based on Net Assets of £181.2m and 1.98x industry multiple (adjusted for liquidity).

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William Jackson Foods Limited Overview

William Jackson Foods Limited is a live company located in hessle, HU13 0DZ with a Companies House number of 11273230. It operates in the manufacture of other food products n.e.c. sector, SIC Code 10890. Founded in March 2018, it's largest shareholder is mr christopher mclaren oughtred & mr michael norman oughtred & louise jane horsley with a 15.2% stake. William Jackson Foods Limited is a young, mega sized company, Pomanda has estimated its turnover at £334.3m with healthy growth in recent years.

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William Jackson Foods Limited Health Check

Pomanda's financial health check has awarded William Jackson Foods Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

8 Strong

positive_score

2 Regular

positive_score

2 Weak

size

Size

annual sales of £334.3m, make it larger than the average company (£25.8m)

£334.3m - William Jackson Foods Limited

£25.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (10.1%)

14% - William Jackson Foods Limited

10.1% - Industry AVG

production

Production

with a gross margin of 27.8%, this company has a comparable cost of product (26.1%)

27.8% - William Jackson Foods Limited

26.1% - Industry AVG

profitability

Profitability

an operating margin of 0.2% make it less profitable than the average company (4.1%)

0.2% - William Jackson Foods Limited

4.1% - Industry AVG

employees

Employees

with 1828 employees, this is above the industry average (104)

1828 - William Jackson Foods Limited

104 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.7k, the company has an equivalent pay structure (£40.3k)

£42.7k - William Jackson Foods Limited

£40.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £182.9k, this is less efficient (£233.7k)

£182.9k - William Jackson Foods Limited

£233.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 37 days, this is earlier than average (47 days)

37 days - William Jackson Foods Limited

47 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 58 days, this is slower than average (42 days)

58 days - William Jackson Foods Limited

42 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 21 days, this is less than average (43 days)

21 days - William Jackson Foods Limited

43 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 39 weeks, this is more cash available to meet short term requirements (7 weeks)

39 weeks - William Jackson Foods Limited

7 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 27.5%, this is a lower level of debt than the average (56%)

27.5% - William Jackson Foods Limited

56% - Industry AVG

WILLIAM JACKSON FOODS LIMITED financials

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William Jackson Foods Limited's latest turnover from April 2024 is £334.3 million and the company has net assets of £181.2 million. According to their latest financial statements, William Jackson Foods Limited has 1,828 employees and maintains cash reserves of £45.7 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018
Turnover334,307,000315,699,000305,930,000226,290,000251,466,000241,078,000285,467,000
Other Income Or Grants
Cost Of Sales241,539,000231,525,000226,307,000172,953,000192,817,000185,801,000196,655,000
Gross Profit92,768,00084,174,00079,623,00053,337,00058,649,00055,277,00088,812,000
Admin Expenses92,236,00082,949,00088,402,00085,647,00077,636,000-79,237,00078,037,000
Operating Profit532,0001,225,000-8,779,000-32,310,000-18,987,000134,514,00010,775,000
Interest Payable4,0009,00071,000126,000239,000
Interest Receivable2,166,0001,541,000492,000517,000614,000544,00096,000
Pre-Tax Profit621,0002,766,000-8,291,000-31,802,000-18,444,000134,932,00033,774,000
Tax-318,000-1,207,000-1,612,0004,646,0002,558,0003,040,000-4,531,000
Profit After Tax303,0001,559,000-9,903,000-27,156,000-15,886,000137,972,00029,243,000
Dividends Paid1,771,0001,901,000238,00059,0001,745,0003,708,0004,390,000
Retained Profit-1,468,000-342,000-10,141,000-27,215,000-17,631,000134,264,00024,853,000
Employee Costs78,047,00072,811,00074,967,00065,674,00070,167,00062,391,00062,186,000
Number Of Employees1,8281,8071,9701,9231,9401,8911,760
EBITDA*15,359,00015,993,0007,330,000-12,566,000-2,660,000147,674,00021,828,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018
Tangible Assets70,446,00073,315,00080,265,00090,894,00096,855,000101,566,00096,571,000
Intangible Assets68,143,00067,142,00070,286,00073,694,00091,946,000100,243,00032,504,000
Investments & Other8,342,00014,686,00037,730,00023,323,00024,797,00020,801,0005,093,000
Debtors (Due After 1 year)
Total Fixed Assets146,931,000155,143,000188,281,000187,911,000213,598,000222,610,000134,168,000
Stock & work in progress14,546,00013,498,00011,433,0008,590,00011,107,00010,543,00011,335,000
Trade Debtors34,106,00032,186,00027,293,00017,828,00017,818,00030,726,00038,701,000
Group Debtors
Misc Debtors8,717,0007,263,0006,648,0005,873,0006,712,0005,803,0009,456,000
Cash45,692,00048,977,00045,392,00035,200,00046,637,00053,416,00025,975,000
misc current assets
total current assets103,061,000101,924,00090,766,00067,491,00082,274,000100,488,00085,467,000
total assets249,992,000257,067,000279,047,000255,402,000295,872,000323,098,000219,635,000
Bank overdraft
Bank loan
Trade Creditors 38,969,00040,145,00033,851,00020,341,00019,559,00022,447,00029,529,000
Group/Directors Accounts
other short term finances278,0005,000334,000387,000672,000
hp & lease commitments66,000186,000
other current liabilities20,829,00019,200,00024,448,00021,393,00031,032,00039,339,00030,848,000
total current liabilities60,076,00059,350,00058,633,00042,121,00051,329,00061,972,00060,377,000
loans789,000789,000
hp & lease commitments58,000225,000
Accruals and Deferred Income
other liabilities3,00010,00017,000
provisions8,761,00010,158,00014,803,0007,382,00010,303,00011,442,0005,845,000
total long term liabilities8,761,00010,158,00014,806,0007,392,00010,378,00012,456,0006,634,000
total liabilities68,837,00069,508,00073,439,00049,513,00061,707,00074,428,00067,011,000
net assets181,155,000187,559,000205,608,000205,889,000234,165,000248,670,000152,624,000
total shareholders funds181,155,000187,559,000205,608,000205,889,000234,165,000248,670,000152,624,000
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018
Operating Activities
Operating Profit532,0001,225,000-8,779,000-32,310,000-18,987,000134,514,00010,775,000
Depreciation8,676,0009,136,0009,906,00012,480,00010,284,0008,470,0008,282,000
Amortisation6,151,0005,632,0006,203,0007,264,0006,043,0004,690,0002,771,000
Tax-318,000-1,207,000-1,612,0004,646,0002,558,0003,040,000-4,531,000
Stock1,048,0002,065,0002,843,000-2,517,000564,000-792,00011,335,000
Debtors3,374,0005,508,00010,240,000-829,000-11,999,000-11,628,00048,157,000
Creditors-1,176,0006,294,00013,510,000782,000-2,888,000-7,082,00029,529,000
Accruals and Deferred Income1,629,000-5,248,0003,055,000-9,639,000-8,307,0008,491,00030,848,000
Deferred Taxes & Provisions-1,397,000-4,645,0007,421,000-2,921,000-1,139,0005,597,0005,845,000
Cash flow from operations9,675,0003,614,00016,621,000-16,352,000-1,001,000170,140,00024,027,000
Investing Activities
capital expenditure14,828,000
Change in Investments-6,344,000-23,044,00014,407,000-1,474,0003,996,00015,708,0005,093,000
cash flow from investments6,344,00023,044,000-14,407,0001,474,000-3,996,000-15,708,0009,735,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans 273,000-329,000-53,000-285,000672,000
Long term loans-789,000789,000
Hire Purchase and Lease Commitments-124,000-287,000411,000
other long term liabilities-3,000-7,000-7,00017,000
share issue-4,936,000-17,707,0009,860,000-1,061,0003,126,000-38,218,000127,771,000
interest2,166,0001,541,000488,000508,000543,000418,000-143,000
cash flow from financing-2,497,000-16,498,00010,288,000-969,0003,282,000-37,389,000128,417,000
cash and cash equivalents
cash-3,285,0003,585,00010,192,000-11,437,000-6,779,00027,441,00025,975,000
overdraft
change in cash-3,285,0003,585,00010,192,000-11,437,000-6,779,00027,441,00025,975,000

william jackson foods limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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William Jackson Foods Limited Competitor Analysis

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Perform a competitor analysis for william jackson foods limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in HU13 area or any other competitors across 12 key performance metrics.

william jackson foods limited Ownership

WILLIAM JACKSON FOODS LIMITED group structure

William Jackson Foods Limited has 1 subsidiary company.

Ultimate parent company

WILLIAM JACKSON FOODS LIMITED

11273230

1 subsidiary

WILLIAM JACKSON FOODS LIMITED Shareholders

mr christopher mclaren oughtred & mr michael norman oughtred & louise jane horsley 15.16%
mr john angus mclaren oughtred 8.6%
mr james oughtred mountifield 6.72%
mr nicholas alwyn mclaren oughtred 6.14%
rulegale nominees limited 5.68%
mr christopher mclaren oughtred 4.79%
mrs louise jane horsley 4.68%
mrs sara beatrice holtby 3.4%
mr michael norman oughtred 3.06%
vidacos nominees limited 2.81%

william jackson foods limited directors

William Jackson Foods Limited currently has 7 directors. The longest serving directors include Mrs Sonya Eastaugh (Apr 2018) and Mrs Sonya Eastaugh (Apr 2018).

officercountryagestartendrole
Mrs Sonya Eastaugh45 years Apr 2018- Director
Mrs Sonya Eastaugh45 years Apr 2018- Director
Ms Andrea DavisUnited Kingdom60 years Apr 2019- Director
Mrs Monica Turner54 years Feb 2020- Director
Mr Mark OughtredUnited Kingdom42 years Oct 2020- Director
Mr Patrick MountifieldUnited Kingdom45 years Oct 2022- Director
Mr Nicholas OughtredUnited Kingdom64 years Oct 2024- Director

P&L

April 2024

turnover

334.3m

+6%

operating profit

532k

-57%

gross margin

27.8%

+4.08%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2024

net assets

181.2m

-0.03%

total assets

250m

-0.03%

cash

45.7m

-0.07%

net assets

Total assets minus all liabilities

william jackson foods limited company details

company number

11273230

Type

Private limited with Share Capital

industry

10890 - Manufacture of other food products n.e.c.

incorporation date

March 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

April 2024

previous names

aghoco 1677 limited (May 2018)

accountant

-

auditor

RSM UK AUDIT LLP

address

the riverside building, livingstone road, hessle, east yorkshire, HU13 0DZ

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

william jackson foods 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 6 charges/mortgages relating to william jackson foods limited. Currently there are 1 open charges and 5 have been satisfied in the past.

william jackson foods 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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william jackson foods limited Companies House Filings - See Documents

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