cranswick country foods (ballymena)
cranswick country foods (ballymena) Company Information
Company Number
NI071259
Next Accounts
Dec 2025
Shareholders
harts corner natural sausage co limited
Group Structure
View All
Industry
Processing and preserving of meat
Registered Address
146 fenaghy road, cullybackey, ballymena, county antrim, BT42 1EA
Website
http://cranswick.plc.ukcranswick country foods (ballymena) Estimated Valuation
Pomanda estimates the enterprise value of CRANSWICK COUNTRY FOODS (BALLYMENA) at £92.7m based on a Turnover of £150m and 0.62x industry multiple (adjusted for size and gross margin).
cranswick country foods (ballymena) Estimated Valuation
Pomanda estimates the enterprise value of CRANSWICK COUNTRY FOODS (BALLYMENA) at £45.2m based on an EBITDA of £7.1m and a 6.38x industry multiple (adjusted for size and gross margin).
cranswick country foods (ballymena) Estimated Valuation
Pomanda estimates the enterprise value of CRANSWICK COUNTRY FOODS (BALLYMENA) at £50m based on Net Assets of £31.2m and 1.6x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Cranswick Country Foods (ballymena) Overview
Cranswick Country Foods (ballymena) is a live company located in ballymena, BT42 1EA with a Companies House number of NI071259. It operates in the processing and preserving of meat sector, SIC Code 10110. Founded in December 2008, it's largest shareholder is harts corner natural sausage co limited with a 100% stake. Cranswick Country Foods (ballymena) is a established, mega sized company, Pomanda has estimated its turnover at £150m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Cranswick Country Foods (ballymena) Health Check
Pomanda's financial health check has awarded Cranswick Country Foods (Ballymena) a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
4 Regular
2 Weak
Size
annual sales of £150m, make it larger than the average company (£26.7m)
£150m - Cranswick Country Foods (ballymena)
£26.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (8.1%)
9% - Cranswick Country Foods (ballymena)
8.1% - Industry AVG
Production
with a gross margin of 11%, this company has a higher cost of product (15.5%)
11% - Cranswick Country Foods (ballymena)
15.5% - Industry AVG
Profitability
an operating margin of 3.9% make it as profitable than the average company (3.6%)
3.9% - Cranswick Country Foods (ballymena)
3.6% - Industry AVG
Employees
with 430 employees, this is above the industry average (98)
430 - Cranswick Country Foods (ballymena)
98 - Industry AVG
Pay Structure
on an average salary of £33.3k, the company has an equivalent pay structure (£34.6k)
£33.3k - Cranswick Country Foods (ballymena)
£34.6k - Industry AVG
Efficiency
resulting in sales per employee of £348.9k, this is more efficient (£263.9k)
£348.9k - Cranswick Country Foods (ballymena)
£263.9k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (37 days)
14 days - Cranswick Country Foods (ballymena)
37 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (25 days)
9 days - Cranswick Country Foods (ballymena)
25 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (22 days)
3 days - Cranswick Country Foods (ballymena)
22 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is average cash available to meet short term requirements (7 weeks)
7 weeks - Cranswick Country Foods (ballymena)
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.3%, this is a lower level of debt than the average (54.1%)
24.3% - Cranswick Country Foods (ballymena)
54.1% - Industry AVG
CRANSWICK COUNTRY FOODS (BALLYMENA) financials
Cranswick Country Foods (Ballymena)'s latest turnover from March 2024 is £150 million and the company has net assets of £31.2 million. According to their latest financial statements, Cranswick Country Foods (Ballymena) has 430 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 150,046,000 | 138,785,000 | 116,337,000 | 116,915,000 | 115,458,000 | 93,457,000 | 92,725,000 | 63,907,000 | 72,446,000 | 79,410,000 | 85,451,658 | 65,683,593 | 6,287,867 | 21,432,041 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 133,616,000 | 125,380,000 | 101,433,000 | 101,680,000 | 97,244,000 | 84,705,000 | 84,074,000 | 57,424,000 | 67,532,000 | 74,995,000 | 81,737,200 | 62,635,409 | 6,144,472 | 20,841,497 |
| Gross Profit | 16,430,000 | 13,405,000 | 14,904,000 | 15,235,000 | 18,214,000 | 8,752,000 | 8,651,000 | 6,483,000 | 4,914,000 | 4,415,000 | 3,714,458 | 3,048,184 | 143,395 | 590,544 |
| Admin Expenses | 10,567,000 | 10,348,000 | 7,990,000 | 7,683,000 | 8,353,000 | 5,787,000 | 5,187,000 | 3,564,000 | 3,868,000 | 3,411,000 | 2,965,666 | 2,264,169 | 344,253 | 287,246 |
| Operating Profit | 5,863,000 | 3,057,000 | 6,914,000 | 7,552,000 | 9,861,000 | 2,965,000 | 3,464,000 | 2,919,000 | 1,046,000 | 1,004,000 | 748,792 | 784,015 | -200,858 | 303,298 |
| Interest Payable | 3,000 | 38,000 | 29,000 | 56,000 | 83,000 | 34,000 | 33,000 | 19,000 | 134,000 | 150,000 | 88,755 | 39,343 | 10,673 | 54,286 |
| Interest Receivable | 136,000 | 281,000 | 214,000 | 117,000 | 79,000 | 44,000 | 23,000 | 33,000 | 36,000 | 11,263 | 714 | 85 | ||
| Pre-Tax Profit | 5,996,000 | 3,300,000 | 7,099,000 | 7,613,000 | 9,857,000 | 2,975,000 | 3,454,000 | 2,900,000 | 945,000 | 890,000 | 671,300 | 745,386 | -211,531 | 249,097 |
| Tax | -1,678,000 | -504,000 | -1,407,000 | -1,575,000 | -1,892,000 | -592,000 | -991,000 | -488,000 | -203,000 | 11,000 | -7,408 | -186,325 | 59,015 | -73,210 |
| Profit After Tax | 4,318,000 | 2,796,000 | 5,692,000 | 6,038,000 | 7,965,000 | 2,383,000 | 2,463,000 | 2,412,000 | 742,000 | 901,000 | 663,892 | 559,061 | -152,516 | 175,887 |
| Dividends Paid | 1,116,000 | 1,387,000 | 439,000 | 1,659,000 | 1,035,000 | 925,000 | ||||||||
| Retained Profit | 3,202,000 | 1,409,000 | 5,253,000 | 4,379,000 | 6,930,000 | 1,458,000 | 2,463,000 | 2,412,000 | 742,000 | 901,000 | 663,892 | 559,061 | -152,516 | 175,887 |
| Employee Costs | 14,314,000 | 13,202,000 | 12,374,000 | 11,026,000 | 9,391,000 | 7,358,000 | 7,122,000 | 6,308,000 | 5,026,000 | 3,419,000 | 3,382,085 | 3,368,713 | 720,139 | 2,230,196 |
| Number Of Employees | 430 | 433 | 423 | 410 | 431 | 308 | 260 | 338 | 212 | 174 | 174 | 179 | 195 | 152 |
| EBITDA* | 7,091,000 | 4,017,000 | 7,919,000 | 8,719,000 | 11,126,000 | 3,766,000 | 4,305,000 | 3,374,000 | 1,448,000 | 1,258,000 | 998,262 | 1,033,463 | -145,122 | 404,834 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 12,345,000 | 6,507,000 | 4,230,000 | 4,862,000 | 5,396,000 | 4,435,000 | 4,890,000 | 2,444,000 | 1,811,000 | 1,167,000 | 1,093,296 | 1,066,727 | 807,288 | 791,395 |
| Intangible Assets | 68,000 | 82,000 | 171,000 | 201,000 | 231,000 | 54,412 | 65,783 | 111,546 | 111,546 | |||||
| Investments & Other | 4,406,000 | 4,475,000 | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 12,413,000 | 10,995,000 | 8,705,000 | 4,862,000 | 5,396,000 | 4,435,000 | 4,890,000 | 2,615,000 | 2,012,000 | 1,398,000 | 1,147,708 | 1,132,510 | 918,834 | 902,941 |
| Stock & work in progress | 1,429,000 | 2,214,000 | 3,340,000 | 3,397,000 | 3,663,000 | 2,571,000 | 2,417,000 | 1,308,000 | 857,000 | 2,863,000 | 1,577,238 | 1,543,180 | 791,162 | 397,054 |
| Trade Debtors | 5,824,000 | 5,571,000 | 4,473,000 | 4,205,000 | 9,737,000 | 4,253,000 | 4,497,000 | 5,073,000 | 3,597,000 | 4,400,000 | 5,853,709 | 3,789,286 | 1,295,267 | 1,595,174 |
| Group Debtors | 19,464,000 | 17,079,000 | 17,270,000 | 15,953,000 | 6,783,000 | 4,885,000 | 4,369,000 | 2,355,000 | 1,689,000 | 3,898,000 | 4,580,960 | 1,619,028 | 1,085,437 | 1,264,682 |
| Misc Debtors | 741,000 | 725,000 | 352,000 | 379,000 | 563,000 | 255,000 | 318,000 | 500,000 | 442,000 | 464,000 | 304,174 | 241,281 | 164,141 | 195,822 |
| Cash | 1,350,000 | 1,209,000 | 1,999,000 | 3,622,000 | 1,465,000 | 1,710,000 | 353,000 | 65,000 | 2,880,000 | 2,261,000 | 517,853 | 101,610 | 12,812 | 6,912 |
| misc current assets | ||||||||||||||
| total current assets | 28,808,000 | 26,798,000 | 27,434,000 | 27,556,000 | 22,211,000 | 13,674,000 | 11,954,000 | 9,301,000 | 9,465,000 | 13,886,000 | 12,833,934 | 7,294,385 | 3,348,819 | 3,459,644 |
| total assets | 41,221,000 | 37,793,000 | 36,139,000 | 32,418,000 | 27,607,000 | 18,109,000 | 16,844,000 | 11,916,000 | 11,477,000 | 15,284,000 | 13,981,642 | 8,426,895 | 4,267,653 | 4,362,585 |
| Bank overdraft | 2,526,000 | 3,523,000 | 4,267,616 | 1,540,832 | 128,297 | 716,024 | ||||||||
| Bank loan | 359,027 | 356,955 | ||||||||||||
| Trade Creditors | 3,529,000 | 3,627,000 | 3,114,000 | 3,074,000 | 4,113,000 | 2,899,000 | 3,511,000 | 2,690,000 | 3,164,000 | 2,614,000 | 2,699,720 | 2,013,378 | 865,556 | 414,308 |
| Group/Directors Accounts | 3,353,000 | 3,423,000 | 3,645,000 | 3,645,000 | 3,353,000 | 3,352,000 | 3,352,000 | 1,916,000 | 1,680,000 | 5,572,000 | 4,745,434 | 1,873,492 | 1,032,684 | 778,837 |
| other short term finances | ||||||||||||||
| hp & lease commitments | 51,000 | 33,000 | 36,000 | 239,000 | 292,000 | |||||||||
| other current liabilities | 2,547,000 | 2,038,000 | 2,765,000 | 3,060,000 | 1,832,000 | 1,920,000 | 1,545,000 | 1,638,000 | 837,000 | 1,057,000 | 652,932 | 874,689 | 352,738 | 300,570 |
| total current liabilities | 9,480,000 | 9,121,000 | 9,560,000 | 10,018,000 | 9,590,000 | 8,171,000 | 8,408,000 | 6,244,000 | 8,207,000 | 12,766,000 | 12,365,702 | 6,302,391 | 2,738,302 | 2,566,694 |
| loans | 1,166,065 | 1,491,783 | 1,582,398 | |||||||||||
| hp & lease commitments | 21,000 | 54,000 | 55,000 | 1,002,000 | 1,084,000 | |||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 520,000 | 680,000 | 98,000 | 310,000 | 292,000 | 286,000 | 317,000 | 10,000 | 6,391 | 14,195 | 37,604 | |||
| total long term liabilities | 541,000 | 734,000 | 153,000 | 1,312,000 | 1,376,000 | 286,000 | 317,000 | 10,000 | 1,172,456 | 1,505,978 | 1,620,002 | |||
| total liabilities | 10,021,000 | 9,855,000 | 9,713,000 | 11,330,000 | 10,966,000 | 8,457,000 | 8,725,000 | 6,244,000 | 8,217,000 | 12,766,000 | 12,365,702 | 7,474,847 | 4,244,280 | 4,186,696 |
| net assets | 31,200,000 | 27,938,000 | 26,426,000 | 21,088,000 | 16,641,000 | 9,652,000 | 8,119,000 | 5,672,000 | 3,260,000 | 2,518,000 | 1,615,940 | 952,048 | 23,373 | 175,889 |
| total shareholders funds | 31,200,000 | 27,938,000 | 26,426,000 | 21,088,000 | 16,641,000 | 9,652,000 | 8,119,000 | 5,672,000 | 3,260,000 | 2,518,000 | 1,615,940 | 952,048 | 23,373 | 175,889 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 5,863,000 | 3,057,000 | 6,914,000 | 7,552,000 | 9,861,000 | 2,965,000 | 3,464,000 | 2,919,000 | 1,046,000 | 1,004,000 | 748,792 | 784,015 | -200,858 | 303,298 |
| Depreciation | 1,228,000 | 960,000 | 1,005,000 | 1,167,000 | 1,265,000 | 801,000 | 670,000 | 425,000 | 372,000 | 243,000 | 238,099 | 238,292 | 55,736 | 101,536 |
| Amortisation | 171,000 | 30,000 | 30,000 | 11,000 | 11,371 | 11,156 | ||||||||
| Tax | -1,678,000 | -504,000 | -1,407,000 | -1,575,000 | -1,892,000 | -592,000 | -991,000 | -488,000 | -203,000 | 11,000 | -7,408 | -186,325 | 59,015 | -73,210 |
| Stock | -785,000 | -1,126,000 | -57,000 | -266,000 | 1,092,000 | 154,000 | 1,109,000 | 451,000 | -2,006,000 | 1,285,762 | 34,058 | 1,543,180 | 394,108 | 397,054 |
| Debtors | 2,654,000 | 1,280,000 | 1,558,000 | 3,454,000 | 7,690,000 | 209,000 | 1,256,000 | 2,200,000 | -3,034,000 | -1,976,843 | 5,089,248 | 5,649,595 | -510,833 | 3,055,678 |
| Creditors | -98,000 | 513,000 | 40,000 | -1,039,000 | 1,214,000 | -612,000 | 821,000 | -474,000 | 550,000 | -85,720 | 686,342 | 2,013,378 | 451,248 | 414,308 |
| Accruals and Deferred Income | 509,000 | -727,000 | -295,000 | 1,228,000 | -88,000 | 375,000 | -93,000 | 801,000 | -220,000 | 404,068 | -221,757 | 874,689 | 52,168 | 300,570 |
| Deferred Taxes & Provisions | -160,000 | 582,000 | -212,000 | 18,000 | 6,000 | -31,000 | 317,000 | -10,000 | 10,000 | -6,391 | 6,391 | -23,409 | 37,604 | |
| Cash flow from operations | 3,795,000 | 3,727,000 | 4,544,000 | 4,163,000 | 1,584,000 | 2,543,000 | 1,994,000 | 552,000 | 6,625,000 | 2,278,429 | -3,674,258 | -3,451,179 | 510,625 | -2,368,626 |
| Investing Activities | ||||||||||||||
| capital expenditure | -71,629 | -513,931 | ||||||||||||
| Change in Investments | -4,406,000 | -69,000 | 4,475,000 | |||||||||||
| cash flow from investments | -71,629 | -513,931 | ||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 2,072 | 356,955 | ||||||||||||
| Group/Directors Accounts | -70,000 | -222,000 | 292,000 | 1,000 | 1,436,000 | 236,000 | -3,892,000 | 826,566 | 2,871,942 | 1,873,492 | 253,847 | 778,837 | ||
| Other Short Term Loans | ||||||||||||||
| Long term loans | -1,166,065 | 1,166,065 | -90,615 | 1,582,398 | ||||||||||
| Hire Purchase and Lease Commitments | -15,000 | -4,000 | -1,150,000 | -135,000 | 1,376,000 | |||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | 133,000 | 243,000 | 185,000 | 61,000 | -4,000 | 10,000 | -10,000 | -19,000 | -101,000 | -114,000 | -77,492 | -38,629 | -10,673 | -54,201 |
| cash flow from financing | 108,000 | 120,000 | -880,000 | 286,000 | 1,432,000 | 85,000 | 1,410,000 | 217,000 | -3,993,000 | 713,626 | 1,628,385 | 3,393,915 | 154,631 | 2,663,991 |
| cash and cash equivalents | ||||||||||||||
| cash | 141,000 | -790,000 | -1,623,000 | 2,157,000 | -245,000 | 1,357,000 | 288,000 | -2,815,000 | 619,000 | 1,743,147 | 416,243 | 101,610 | 5,900 | 6,912 |
| overdraft | -2,526,000 | -997,000 | -744,616 | 2,726,784 | 1,540,832 | -587,727 | 716,024 | |||||||
| change in cash | 141,000 | -790,000 | -1,623,000 | 2,157,000 | -245,000 | 1,357,000 | 288,000 | -289,000 | 1,616,000 | 2,487,763 | -2,310,541 | -1,439,222 | 593,627 | -709,112 |
cranswick country foods (ballymena) Credit Report and Business Information
Cranswick Country Foods (ballymena) Competitor Analysis
Perform a competitor analysis for cranswick country foods (ballymena) by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in BT42 area or any other competitors across 12 key performance metrics.
cranswick country foods (ballymena) Ownership
CRANSWICK COUNTRY FOODS (BALLYMENA) group structure
Cranswick Country Foods (Ballymena) has 1 subsidiary company.
Ultimate parent company
2 parents
CRANSWICK COUNTRY FOODS (BALLYMENA)
NI071259
1 subsidiary
cranswick country foods (ballymena) directors
Cranswick Country Foods (Ballymena) currently has 3 directors. The longest serving directors include Mr Adam Couch (Nov 2016) and Mr John Bottomley (Nov 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam Couch | England | 56 years | Nov 2016 | - | Director |
| Mr John Bottomley | United Kingdom | 61 years | Nov 2016 | - | Director |
| Mr James Pontone | England | 47 years | Nov 2016 | - | Director |
P&L
March 2024turnover
150m
+8%
operating profit
5.9m
+92%
gross margin
11%
+13.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
31.2m
+0.12%
total assets
41.2m
+0.09%
cash
1.4m
+0.12%
net assets
Total assets minus all liabilities
cranswick country foods (ballymena) company details
company number
NI071259
Type
Private unlimited with Share Capital
industry
10110 - Processing and preserving of meat
incorporation date
December 2008
age
17
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
dunbia (ballymena) (November 2016)
dunbia (ballymena) limited (February 2010)
accountant
-
auditor
-
address
146 fenaghy road, cullybackey, ballymena, county antrim, BT42 1EA
Bank
LLOYDS BANKING GROUP PLC
Legal Advisor
ROLLITS
cranswick country foods (ballymena) 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 cranswick country foods (ballymena).
cranswick country foods (ballymena) 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.
Click to start generating capital raising & share issue transactions for CRANSWICK COUNTRY FOODS (BALLYMENA). This can take several minutes, an email will notify you when this has completed.
cranswick country foods (ballymena) Companies House Filings - See Documents
| date | description | view/download |
|---|
