althams food group limited
althams food group limited Company Information
Company Number
12157407
Website
-Registered Address
mrs jc altham & sons (morecambe), northgate, morecambe, lancashire, LA3 3AY
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
james carr altham 47%
richard charles altham 47%
View Allalthams food group limited Estimated Valuation
Pomanda estimates the enterprise value of ALTHAMS FOOD GROUP LIMITED at £8.2k based on a Turnover of £6.9k and 1.19x industry multiple (adjusted for size and gross margin).
althams food group limited Estimated Valuation
Pomanda estimates the enterprise value of ALTHAMS FOOD GROUP LIMITED at £182.3k based on an EBITDA of £41.1k and a 4.43x industry multiple (adjusted for size and gross margin).
althams food group limited Estimated Valuation
Pomanda estimates the enterprise value of ALTHAMS FOOD GROUP LIMITED at £70.9k based on Net Assets of £38.6k and 1.84x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Althams Food Group Limited Overview
Althams Food Group Limited is a live company located in morecambe, LA3 3AY with a Companies House number of 12157407. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in August 2019, it's largest shareholder is james carr altham with a 47% stake. Althams Food Group Limited is a young, micro sized company, Pomanda has estimated its turnover at £6.9k with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Althams Food Group Limited Health Check
Pomanda's financial health check has awarded Althams Food Group Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
4 Weak
Size
annual sales of £6.9k, make it smaller than the average company (£18.2m)
- Althams Food Group Limited
£18.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Althams Food Group Limited
- - Industry AVG
Production
with a gross margin of 35.1%, this company has a comparable cost of product (35.1%)
- Althams Food Group Limited
35.1% - Industry AVG
Profitability
an operating margin of 593.6% make it more profitable than the average company (5%)
- Althams Food Group Limited
5% - Industry AVG
Employees
with 1 employees, this is below the industry average (106)
- Althams Food Group Limited
106 - Industry AVG
Pay Structure
on an average salary of £41.8k, the company has an equivalent pay structure (£41.8k)
- Althams Food Group Limited
£41.8k - Industry AVG
Efficiency
resulting in sales per employee of £6.9k, this is less efficient (£179.5k)
- Althams Food Group Limited
£179.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Althams Food Group Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 110 days, this is slower than average (46 days)
- Althams Food Group Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Althams Food Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (15 weeks)
4 weeks - Althams Food Group Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38.2%, this is a lower level of debt than the average (69.2%)
38.2% - Althams Food Group Limited
69.2% - Industry AVG
ALTHAMS FOOD GROUP LIMITED financials
Althams Food Group Limited's latest turnover from March 2023 is estimated at £6.9 thousand and the company has net assets of £38.6 thousand. According to their latest financial statements, we estimate that Althams Food Group Limited has 1 employee and maintains cash reserves of £2.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| 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 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 100 | 100 | 100 | 100 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 100 | 100 | 100 | 100 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 |
| Group Debtors | 58,711 | 50,000 | 0 | 0 |
| Misc Debtors | 1,395 | 85,393 | 86,343 | 34,125 |
| Cash | 2,218 | 77,943 | 32,663 | 0 |
| misc current assets | 0 | 1,668 | 0 | 0 |
| total current assets | 62,324 | 215,004 | 119,006 | 34,125 |
| total assets | 62,424 | 215,104 | 119,106 | 34,225 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,367 | 0 | 1,680 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 22,461 | 211,218 | 117,325 | 34,124 |
| total current liabilities | 23,828 | 211,218 | 119,005 | 34,124 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 23,828 | 211,218 | 119,005 | 34,124 |
| net assets | 38,596 | 3,886 | 101 | 101 |
| total shareholders funds | 38,596 | 3,886 | 101 | 101 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -75,287 | 49,050 | 52,218 | 34,125 |
| Creditors | 1,367 | -1,680 | 1,680 | 0 |
| Accruals and Deferred Income | -188,757 | 93,893 | 83,201 | 34,124 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 100 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -75,725 | 45,280 | 32,663 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -75,725 | 45,280 | 32,663 | 0 |
althams food group limited Credit Report and Business Information
Althams Food Group Limited Competitor Analysis
Perform a competitor analysis for althams food group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in LA3 area or any other competitors across 12 key performance metrics.
althams food group limited Ownership
ALTHAMS FOOD GROUP LIMITED group structure
Althams Food Group Limited has no subsidiary companies.
Ultimate parent company
ALTHAMS FOOD GROUP LIMITED
12157407
althams food group limited directors
Althams Food Group Limited currently has 2 directors. The longest serving directors include Mr James Altham (Aug 2019) and Mr Richard Altham (Aug 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Altham | United Kingdom | 50 years | Aug 2019 | - | Director |
| Mr Richard Altham | 46 years | Aug 2019 | - | Director |
P&L
March 2023turnover
6.9k
0%
operating profit
41.1k
0%
gross margin
35.2%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
38.6k
+8.93%
total assets
62.4k
-0.71%
cash
2.2k
-0.97%
net assets
Total assets minus all liabilities
althams food group limited company details
company number
12157407
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
August 2019
age
5
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
mrs jc altham & sons (morecambe), northgate, morecambe, lancashire, LA3 3AY
accountant
MHA MOORE & SMALLEY
auditor
-
althams food group 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 althams food group limited.
althams food group limited Companies House Filings - See Documents
| date | description | view/download |
|---|
