milton webber ltd
milton webber ltd Company Information
Company Number
12577710
Website
-Registered Address
pasta foods limited forest way, new costessey, norwich, norfolk, NR5 0JH
Industry
Activities of production holding companies
Telephone
-
Next Accounts Due
July 2025
Group Structure
View All
Directors
Simon Webber4 Years
Shareholders
simon milton webber 75%
alyson jane webber 10%
View Allmilton webber ltd Estimated Valuation
Pomanda estimates the enterprise value of MILTON WEBBER LTD at £142.6m based on a Turnover of £61.9m and 2.3x industry multiple (adjusted for size and gross margin).
milton webber ltd Estimated Valuation
Pomanda estimates the enterprise value of MILTON WEBBER LTD at £90.9m based on an EBITDA of £10m and a 9.07x industry multiple (adjusted for size and gross margin).
milton webber ltd Estimated Valuation
Pomanda estimates the enterprise value of MILTON WEBBER LTD at £23.2m based on Net Assets of £11m and 2.12x industry multiple (adjusted for liquidity).
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Milton Webber Ltd Overview
Milton Webber Ltd is a live company located in norfolk, NR5 0JH with a Companies House number of 12577710. It operates in the activities of production holding companies sector, SIC Code 64202. Founded in April 2020, it's largest shareholder is simon milton webber with a 75% stake. Milton Webber Ltd is a startup, large sized company, Pomanda has estimated its turnover at £61.9m with rapid growth in recent years.
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Milton Webber Ltd Health Check
Pomanda's financial health check has awarded Milton Webber Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £61.9m, make it larger than the average company (£19.4m)
£61.9m - Milton Webber Ltd
£19.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (7%)
32% - Milton Webber Ltd
7% - Industry AVG
Production
with a gross margin of 20.6%, this company has a higher cost of product (32%)
20.6% - Milton Webber Ltd
32% - Industry AVG
Profitability
an operating margin of 12.5% make it more profitable than the average company (6.4%)
12.5% - Milton Webber Ltd
6.4% - Industry AVG
Employees
with 179 employees, this is above the industry average (114)
179 - Milton Webber Ltd
114 - Industry AVG
Pay Structure
on an average salary of £47.9k, the company has an equivalent pay structure (£40.4k)
£47.9k - Milton Webber Ltd
£40.4k - Industry AVG
Efficiency
resulting in sales per employee of £345.8k, this is more efficient (£177.9k)
£345.8k - Milton Webber Ltd
£177.9k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is later than average (55 days)
67 days - Milton Webber Ltd
55 days - Industry AVG
Creditor Days
its suppliers are paid after 66 days, this is slower than average (51 days)
66 days - Milton Webber Ltd
51 days - Industry AVG
Stock Days
it holds stock equivalent to 56 days, this is in line with average (66 days)
56 days - Milton Webber Ltd
66 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (13 weeks)
9 weeks - Milton Webber Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.8%, this is a higher level of debt than the average (56.8%)
77.8% - Milton Webber Ltd
56.8% - Industry AVG
MILTON WEBBER LTD financials
Milton Webber Ltd's latest turnover from October 2023 is £61.9 million and the company has net assets of £11 million. According to their latest financial statements, Milton Webber Ltd has 179 employees and maintains cash reserves of £3.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|---|
| Turnover | 61,893,303 | 48,475,027 | 37,289,775 | 27,199,322 | 13,630,957 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 49,159,479 | 41,572,320 | 28,929,676 | 20,770,039 | 10,302,150 |
| Gross Profit | 12,733,824 | 6,902,707 | 8,360,099 | 6,429,283 | 3,328,807 |
| Admin Expenses | 4,984,702 | 3,226,520 | 5,555,762 | 3,819,955 | 1,812,035 |
| Operating Profit | 7,749,122 | 3,676,187 | 2,804,337 | 2,609,328 | 1,516,772 |
| Interest Payable | 1,882,567 | 974,673 | 437,923 | 268,793 | 100,429 |
| Interest Receivable | 0 | 0 | 4,215 | 645 | 12 |
| Pre-Tax Profit | 5,866,555 | 2,701,514 | 2,370,629 | 2,341,180 | 1,416,355 |
| Tax | -1,069,381 | -502,277 | -560,812 | -296,428 | -229,766 |
| Profit After Tax | 4,797,174 | 2,199,237 | 1,809,817 | 2,044,752 | 1,186,589 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 4,797,174 | 2,199,237 | 1,809,817 | 2,020,197 | 1,186,589 |
| Employee Costs | 8,578,378 | 7,077,565 | 6,820,620 | 5,534,462 | 3,513,518 |
| Number Of Employees | 179 | 163 | 164 | 162 | 78 |
| EBITDA* | 10,017,081 | 5,413,979 | 4,295,863 | 3,384,498 | 1,647,725 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 23,537,122 | 22,682,746 | 14,082,890 | 9,732,774 | 1,346,118 |
| Intangible Assets | 1,434,790 | 1,654,095 | 1,873,400 | 2,092,706 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 24,971,912 | 24,336,841 | 15,956,290 | 11,825,480 | 1,346,118 |
| Stock & work in progress | 7,617,576 | 6,373,316 | 4,671,482 | 5,721,549 | 2,299,201 |
| Trade Debtors | 11,474,722 | 11,306,313 | 7,850,596 | 7,166,301 | 3,019,308 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,414,349 | 1,745,492 | 1,341,102 | 953,359 | 97,694 |
| Cash | 3,823,070 | 3,423,745 | 3,342,720 | 3,032,553 | 1,263,649 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 24,329,717 | 22,848,866 | 17,205,900 | 16,873,762 | 6,679,852 |
| total assets | 49,301,629 | 47,185,707 | 33,162,190 | 28,699,242 | 8,025,970 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 3,195,912 | 2,462,179 | 2,480,000 | 2,480,000 | 0 |
| Trade Creditors | 8,912,840 | 8,933,195 | 6,696,777 | 6,089,539 | 1,985,677 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 998,668 |
| other short term finances | 0 | 0 | 0 | 814,668 | 0 |
| hp & lease commitments | 0 | 0 | 1,150,282 | 1,150,983 | 0 |
| other current liabilities | 8,749,942 | 11,437,244 | 7,699,081 | 8,782,489 | 3,246,301 |
| total current liabilities | 20,858,694 | 22,832,618 | 18,026,140 | 19,317,679 | 6,230,646 |
| loans | 14,574,048 | 16,352,143 | 8,040,000 | 2,170,000 | 475,587 |
| hp & lease commitments | 0 | 0 | 1,543,633 | 2,693,216 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 427,000 | 427,000 | 427,000 | 2,077,000 | 0 |
| provisions | 2,481,465 | 1,410,698 | 1,161,406 | 287,153 | 123,148 |
| total long term liabilities | 17,482,513 | 18,189,841 | 11,172,039 | 7,227,369 | 598,735 |
| total liabilities | 38,341,207 | 41,022,459 | 29,198,179 | 26,545,048 | 6,829,381 |
| net assets | 10,960,422 | 6,163,248 | 3,964,011 | 2,154,194 | 1,196,589 |
| total shareholders funds | 10,960,422 | 6,163,248 | 3,964,011 | 2,154,194 | 1,196,589 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 7,749,122 | 3,676,187 | 2,804,337 | 2,609,328 | 1,516,772 |
| Depreciation | 2,048,654 | 1,672,452 | 1,272,220 | 674,831 | 130,953 |
| Amortisation | 219,305 | 65,340 | 219,306 | 100,339 | 0 |
| Tax | -1,069,381 | -502,277 | -560,812 | -296,428 | -229,766 |
| Stock | 1,244,260 | 1,701,834 | -1,050,067 | 3,422,348 | 2,299,201 |
| Debtors | -162,734 | 3,860,107 | 1,072,038 | 5,002,658 | 3,117,002 |
| Creditors | -20,355 | 2,236,418 | 607,238 | 4,103,862 | 1,985,677 |
| Accruals and Deferred Income | -2,687,302 | 3,738,163 | -1,083,408 | 5,536,188 | 3,246,301 |
| Deferred Taxes & Provisions | 1,070,767 | 249,292 | 874,253 | 164,005 | 123,148 |
| Cash flow from operations | 6,229,284 | 5,573,634 | 4,111,163 | 4,467,119 | 1,356,882 |
| Investing Activities | |||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 |
| Financing Activities | |||||
| Bank loans | 733,733 | -17,821 | 0 | 2,480,000 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -998,668 | 998,668 |
| Other Short Term Loans | 0 | 0 | -814,668 | 814,668 | 0 |
| Long term loans | -1,778,095 | 8,312,143 | 5,870,000 | 1,694,413 | 475,587 |
| Hire Purchase and Lease Commitments | 0 | -2,693,915 | -1,150,284 | 3,844,199 | 0 |
| other long term liabilities | 0 | 0 | -1,650,000 | 2,077,000 | 0 |
| share issue | |||||
| interest | -1,882,567 | -974,673 | -433,708 | -268,148 | -100,417 |
| cash flow from financing | -2,926,929 | 4,625,734 | 1,821,340 | 8,580,872 | 1,383,838 |
| cash and cash equivalents | |||||
| cash | 399,325 | 81,025 | 310,167 | 1,768,904 | 1,263,649 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 399,325 | 81,025 | 310,167 | 1,768,904 | 1,263,649 |
milton webber ltd Credit Report and Business Information
Milton Webber Ltd Competitor Analysis
Perform a competitor analysis for milton webber ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in NR5 area or any other competitors across 12 key performance metrics.
milton webber ltd Ownership
MILTON WEBBER LTD group structure
Milton Webber Ltd has 4 subsidiary companies.
Ultimate parent company
MILTON WEBBER LTD
12577710
4 subsidiaries
milton webber ltd directors
Milton Webber Ltd currently has 1 director, Mr Simon Webber serving since Apr 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Webber | England | 61 years | Apr 2020 | - | Director |
P&L
October 2023turnover
61.9m
+28%
operating profit
7.7m
+111%
gross margin
20.6%
+44.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
11m
+0.78%
total assets
49.3m
+0.04%
cash
3.8m
+0.12%
net assets
Total assets minus all liabilities
Similar Companies
milton webber ltd company details
company number
12577710
Type
Private limited with Share Capital
industry
64202 - Activities of production holding companies
incorporation date
April 2020
age
4
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
ENSORS ACCOUNTANTS LLP
address
pasta foods limited forest way, new costessey, norwich, norfolk, NR5 0JH
Bank
-
Legal Advisor
-
milton webber ltd 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 5 charges/mortgages relating to milton webber ltd. Currently there are 3 open charges and 2 have been satisfied in the past.
milton webber ltd Companies House Filings - See Documents
| date | description | view/download |
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