the branded food group (bfg) limited

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the branded food group (bfg) limited Company Information

Share THE BRANDED FOOD GROUP (BFG) LIMITED

Company Number

11401521

Directors

Henrik Pade

David Salkeld

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Shareholders

ainsley harriott

jeremy hicks

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Group Structure

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Industry

Manufacture of prepared meals and dishes

 

Registered Address

2 brockamin court dingle road, leigh, worcester, WR6 5JX

Website

-

the branded food group (bfg) limited Estimated Valuation

£400.9k

Pomanda estimates the enterprise value of THE BRANDED FOOD GROUP (BFG) LIMITED at £400.9k based on a Turnover of £958.4k and 0.42x industry multiple (adjusted for size and gross margin).

the branded food group (bfg) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of THE BRANDED FOOD GROUP (BFG) LIMITED at £0 based on an EBITDA of £-274.2k and a 3.41x industry multiple (adjusted for size and gross margin).

the branded food group (bfg) limited Estimated Valuation

£4.5m

Pomanda estimates the enterprise value of THE BRANDED FOOD GROUP (BFG) LIMITED at £4.5m based on Net Assets of £2.3m and 1.94x industry multiple (adjusted for liquidity).

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The Branded Food Group (bfg) Limited Overview

The Branded Food Group (bfg) Limited is a live company located in worcester, WR6 5JX with a Companies House number of 11401521. It operates in the manufacture of prepared meals and dishes sector, SIC Code 10850. Founded in June 2018, it's largest shareholder is ainsley harriott with a 56% stake. The Branded Food Group (bfg) Limited is a young, small sized company, Pomanda has estimated its turnover at £958.4k with high growth in recent years.

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The Branded Food Group (bfg) Limited Health Check

Pomanda's financial health check has awarded The Branded Food Group (Bfg) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £958.4k, make it smaller than the average company (£23.5m)

£958.4k - The Branded Food Group (bfg) Limited

£23.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (6.6%)

19% - The Branded Food Group (bfg) Limited

6.6% - Industry AVG

production

Production

with a gross margin of 27%, this company has a comparable cost of product (27%)

27% - The Branded Food Group (bfg) Limited

27% - Industry AVG

profitability

Profitability

an operating margin of -28.6% make it less profitable than the average company (3.5%)

-28.6% - The Branded Food Group (bfg) Limited

3.5% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (192)

6 - The Branded Food Group (bfg) Limited

192 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.6k, the company has an equivalent pay structure (£30.6k)

£30.6k - The Branded Food Group (bfg) Limited

£30.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £159.7k, this is more efficient (£126.1k)

£159.7k - The Branded Food Group (bfg) Limited

£126.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 63 days, this is later than average (37 days)

63 days - The Branded Food Group (bfg) Limited

37 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 29 days, this is quicker than average (40 days)

29 days - The Branded Food Group (bfg) Limited

40 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - The Branded Food Group (bfg) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 74 weeks, this is more cash available to meet short term requirements (6 weeks)

74 weeks - The Branded Food Group (bfg) Limited

6 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 8.7%, this is a lower level of debt than the average (63.2%)

8.7% - The Branded Food Group (bfg) Limited

63.2% - Industry AVG

THE BRANDED FOOD GROUP (BFG) LIMITED financials

EXPORTms excel logo

The Branded Food Group (Bfg) Limited's latest turnover from September 2024 is estimated at £958.4 thousand and the company has net assets of £2.3 million. According to their latest financial statements, The Branded Food Group (Bfg) Limited has 6 employees and maintains cash reserves of £317.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019
Turnover958,435715,660870,652573,468591,371503,008
Other Income Or Grants
Cost Of Sales699,445529,821650,358433,147427,907365,361
Gross Profit258,990185,839220,294140,321163,464137,647
Admin Expenses533,220-290,471170,934169,179-82,407-2,174,741
Operating Profit-274,230476,31049,360-28,858245,8712,312,388
Interest Payable
Interest Receivable29,63428,4354,717226153214
Pre-Tax Profit-244,596504,74554,078-28,632246,0232,312,601
Tax-126,186-10,275-46,744-439,394
Profit After Tax-244,596378,55943,803-28,632199,2791,873,207
Dividends Paid
Retained Profit-244,596378,55943,803-28,632199,2791,873,207
Employee Costs183,466177,955173,437167,697165,028168,910
Number Of Employees666666
EBITDA*-274,230476,31049,360-28,858245,8712,312,388

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019
Tangible Assets
Intangible Assets2,000,0002,000,0002,000,0002,000,0002,000,0002,000,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,000,0002,000,0002,000,0002,000,0002,000,0002,000,000
Stock & work in progress
Trade Debtors165,93489,828178,61195,660106,06880,279
Group Debtors
Misc Debtors59,846566,7726,7725656
Cash317,508867,864215,390203,925248,70456,940
misc current assets
total current assets543,288957,748400,773306,357354,828137,275
total assets2,543,2882,957,7482,400,7732,306,3572,354,8282,137,275
Bank overdraft
Bank loan
Trade Creditors 56,85184,08137,73716,5729,1157,240
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities164,761307,395175,323145,875173,171156,772
total current liabilities221,612391,476213,060162,447182,286164,012
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities221,612391,476213,060162,447182,286164,012
net assets2,321,6762,566,2722,187,7132,143,9102,172,5421,973,263
total shareholders funds2,321,6762,566,2722,187,7132,143,9102,172,5421,973,263
Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019
Operating Activities
Operating Profit-274,230476,31049,360-28,858245,8712,312,388
Depreciation
Amortisation
Tax-126,186-10,275-46,744-439,394
Stock
Debtors135,896-95,49982,951-3,69225,78980,335
Creditors-27,23046,34421,1657,4571,8757,240
Accruals and Deferred Income-142,634132,07229,448-27,29616,399156,772
Deferred Taxes & Provisions
Cash flow from operations-579,990624,0396,747-45,005191,6121,956,671
Investing Activities
capital expenditure-2,000,000
Change in Investments
cash flow from investments-2,000,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100,056
interest29,63428,4354,717226153214
cash flow from financing29,63428,4354,717226153100,270
cash and cash equivalents
cash-550,356652,47411,465-44,779191,76456,940
overdraft
change in cash-550,356652,47411,465-44,779191,76456,940

the branded food group (bfg) 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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The Branded Food Group (bfg) Limited Competitor Analysis

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Perform a competitor analysis for the branded food group (bfg) limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in WR6 area or any other competitors across 12 key performance metrics.

the branded food group (bfg) limited Ownership

THE BRANDED FOOD GROUP (BFG) LIMITED group structure

The Branded Food Group (Bfg) Limited has 1 subsidiary company.

Ultimate parent company

THE BRANDED FOOD GROUP (BFG) LIMITED

11401521

1 subsidiary

THE BRANDED FOOD GROUP (BFG) LIMITED Shareholders

ainsley harriott 56%
jeremy hicks 11%
sarah dalkin 11%
annemarie pade 10%
catherine salkeld 10%
henrik pade 1%
david salkeld 1%

the branded food group (bfg) limited directors

The Branded Food Group (Bfg) Limited currently has 4 directors. The longest serving directors include Mr Henrik Pade (Aug 2018) and Mr David Salkeld (Aug 2018).

officercountryagestartendrole
Mr Henrik PadeEngland62 years Aug 2018- Director
Mr David Salkeld69 years Aug 2018- Director
Ms Sarah DalkinEngland59 years Aug 2018- Director
Mr Jeremy HicksEngland75 years Aug 2018- Director

P&L

September 2024

turnover

958.4k

+34%

operating profit

-274.2k

0%

gross margin

27.1%

+4.06%

turnover

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

Balance Sheet

September 2024

net assets

2.3m

-0.1%

total assets

2.5m

-0.14%

cash

317.5k

-0.63%

net assets

Total assets minus all liabilities

the branded food group (bfg) limited company details

company number

11401521

Type

Private limited with Share Capital

industry

10850 - Manufacture of prepared meals and dishes

incorporation date

June 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

September 2024

previous names

the ainsley harriott food company limited (February 2019)

ahco 2018 limited (August 2018)

accountant

CHRIS BOYD LIMITED

auditor

-

address

2 brockamin court dingle road, leigh, worcester, WR6 5JX

Bank

-

Legal Advisor

PINSENT MASONS

the branded food group (bfg) 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 the branded food group (bfg) limited.

the branded food group (bfg) 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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the branded food group (bfg) limited Companies House Filings - See Documents

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