grant brothers (meat canners) limited Company Information
Company Number
SC020934
Website
www.grantsfoods.comRegistered Address
richmond bridge, galston, KA4 8JU
Industry
Processing and preserving of meat
Telephone
01563820401
Next Accounts Due
December 2024
Group Structure
View All
Directors
John Fallon24 Years
Shareholders
ardeeer research & marketing ltd 100%
grant brothers (meat canners) limited Estimated Valuation
Pomanda estimates the enterprise value of GRANT BROTHERS (MEAT CANNERS) LIMITED at £4.3m based on a Turnover of £10.9m and 0.39x industry multiple (adjusted for size and gross margin).
grant brothers (meat canners) limited Estimated Valuation
Pomanda estimates the enterprise value of GRANT BROTHERS (MEAT CANNERS) LIMITED at £2.2m based on an EBITDA of £565.3k and a 3.98x industry multiple (adjusted for size and gross margin).
grant brothers (meat canners) limited Estimated Valuation
Pomanda estimates the enterprise value of GRANT BROTHERS (MEAT CANNERS) LIMITED at £5.7m based on Net Assets of £3.4m and 1.69x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Grant Brothers (meat Canners) Limited Overview
Grant Brothers (meat Canners) Limited is a live company located in galston, KA4 8JU with a Companies House number of SC020934. It operates in the processing and preserving of meat sector, SIC Code 10110. Founded in April 1939, it's largest shareholder is ardeeer research & marketing ltd with a 100% stake. Grant Brothers (meat Canners) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £10.9m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Grant Brothers (meat Canners) Limited Health Check
Pomanda's financial health check has awarded Grant Brothers (Meat Canners) 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](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
4 Strong
![positive_score](/assets/images/scoreRate1.png)
3 Regular
![positive_score](/assets/images/scoreRate0.png)
5 Weak
![size](/assets/images/scoreRate0.png)
Size
annual sales of £10.9m, make it smaller than the average company (£21.1m)
£10.9m - Grant Brothers (meat Canners) Limited
£21.1m - Industry AVG
![growth](/assets/images/scoreRate0.png)
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (4.8%)
- Grant Brothers (meat Canners) Limited
4.8% - Industry AVG
![production](/assets/images/scoreRate1.png)
Production
with a gross margin of 16%, this company has a comparable cost of product (15.8%)
16% - Grant Brothers (meat Canners) Limited
15.8% - Industry AVG
![profitability](/assets/images/scoreRate2.png)
Profitability
an operating margin of 4.6% make it more profitable than the average company (3%)
4.6% - Grant Brothers (meat Canners) Limited
3% - Industry AVG
![employees](/assets/images/scoreRate0.png)
Employees
with 45 employees, this is below the industry average (94)
45 - Grant Brothers (meat Canners) Limited
94 - Industry AVG
![paystructure](/assets/images/scoreRate2.png)
Pay Structure
on an average salary of £23.7k, the company has a lower pay structure (£31.6k)
£23.7k - Grant Brothers (meat Canners) Limited
£31.6k - Industry AVG
![efficiency](/assets/images/scoreRate1.png)
Efficiency
resulting in sales per employee of £242.5k, this is equally as efficient (£233.9k)
£242.5k - Grant Brothers (meat Canners) Limited
£233.9k - Industry AVG
![debtordays](/assets/images/scoreRate0.png)
Debtor Days
it gets paid by customers after 49 days, this is later than average (39 days)
49 days - Grant Brothers (meat Canners) Limited
39 days - Industry AVG
![creditordays](/assets/images/scoreRate2.png)
Creditor Days
its suppliers are paid after 69 days, this is slower than average (26 days)
69 days - Grant Brothers (meat Canners) Limited
26 days - Industry AVG
![stockdays](/assets/images/scoreRate0.png)
Stock Days
it holds stock equivalent to 66 days, this is more than average (21 days)
66 days - Grant Brothers (meat Canners) Limited
21 days - Industry AVG
![cashbalance](/assets/images/scoreRate2.png)
Cash Balance
has cash to cover current liabilities for 13 weeks, this is more cash available to meet short term requirements (6 weeks)
13 weeks - Grant Brothers (meat Canners) Limited
6 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate1.png)
Debt Level
it has a ratio of liabilities to total assets of 51.5%, this is a similar level of debt than the average (56.8%)
51.5% - Grant Brothers (meat Canners) Limited
56.8% - Industry AVG
GRANT BROTHERS (MEAT CANNERS) LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Grant Brothers (Meat Canners) Limited's latest turnover from March 2023 is £10.9 million and the company has net assets of £3.4 million. According to their latest financial statements, Grant Brothers (Meat Canners) Limited has 45 employees and maintains cash reserves of £798.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 10,914,041 | 11,124,345 | ||||||||||||
Other Income Or Grants | 0 | 0 | ||||||||||||
Cost Of Sales | 9,163,250 | 8,920,103 | ||||||||||||
Gross Profit | 1,750,791 | 2,204,242 | ||||||||||||
Admin Expenses | 1,244,712 | 1,323,481 | ||||||||||||
Operating Profit | 506,079 | 880,761 | ||||||||||||
Interest Payable | 28,444 | 26,965 | ||||||||||||
Interest Receivable | 1,468 | 0 | ||||||||||||
Pre-Tax Profit | 479,103 | 853,796 | ||||||||||||
Tax | -99,079 | -204,816 | ||||||||||||
Profit After Tax | 380,024 | 648,980 | ||||||||||||
Dividends Paid | 600,000 | 600,000 | ||||||||||||
Retained Profit | -219,976 | 48,980 | ||||||||||||
Employee Costs | 1,064,597 | 1,128,914 | ||||||||||||
Number Of Employees | 45 | 51 | 55 | 37 | 33 | 40 | 34 | 35 | ||||||
EBITDA* | 565,288 | 944,047 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,183,002 | 1,148,674 | 1,165,142 | 1,138,649 | 1,156,628 | 1,270,854 | 1,205,844 | 1,111,470 | 999,127 | 755,990 | 742,386 | 744,456 | 723,705 | 689,956 |
Intangible Assets | 22,934 | 23,765 | 28,043 | 27,104 | 32,012 | 35,608 | 43,957 | 46,168 | 7,352 | 9,803 | 13,071 | 17,427 | 20,681 | 27,574 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 1,205,936 | 1,172,439 | 1,193,185 | 1,165,753 | 1,188,640 | 1,306,462 | 1,249,801 | 1,157,638 | 1,006,479 | 765,793 | 755,457 | 761,883 | 744,386 | 717,530 |
Stock & work in progress | 1,675,575 | 1,035,049 | 1,167,668 | 789,575 | 570,603 | 575,863 | 449,283 | 421,705 | 343,465 | 519,627 | 512,461 | 569,777 | 528,677 | 369,124 |
Trade Debtors | 1,487,462 | 2,366,357 | 1,451,939 | 1,657,931 | 931,126 | 939,565 | 782,663 | 418,140 | 1,077,268 | 963,372 | 943,539 | 986,233 | 832,829 | 866,800 |
Group Debtors | 1,637,951 | 1,800,755 | 1,463,945 | 741,908 | 812,879 | 554,168 | 561,534 | 436,287 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 185,041 | 50,420 | 63,633 | 76,967 | 80,145 | 37,232 | 49,211 | 22,549 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 798,782 | 1,191,405 | 817,210 | 178,935 | 150,796 | 48,156 | 15,381 | 18,990 | 14,941 | 1,791 | 438 | 3,580 | 8,636 | 5,807 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 5,784,811 | 6,443,986 | 4,964,395 | 3,445,316 | 2,545,549 | 2,154,984 | 1,858,072 | 1,317,671 | 1,435,674 | 1,484,790 | 1,456,438 | 1,559,590 | 1,370,142 | 1,241,731 |
total assets | 6,990,747 | 7,616,425 | 6,157,580 | 4,611,069 | 3,734,189 | 3,461,446 | 3,107,873 | 2,475,309 | 2,442,153 | 2,250,583 | 2,211,895 | 2,321,473 | 2,114,528 | 1,959,261 |
Bank overdraft | 0 | 0 | 47,105 | 187,012 | 834,594 | 499,065 | 400,040 | 167,756 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 40,000 | 48,000 | 0 | 0 | 0 | 53,333 | 51,858 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 1,748,574 | 1,176,914 | 1,221,923 | 1,118,756 | 845,972 | 656,329 | 710,197 | 426,450 | 870,279 | 871,340 | 908,498 | 1,025,646 | 802,540 | 926,280 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 1,037,298 | 1,243,720 | 0 | 359,583 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 15,418 | 30,440 | 54,037 | 41,387 | 52,003 | 32,050 | 23,556 | 15,943 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 210,397 | 920,546 | 654,029 | 228,795 | 230,428 | 231,326 | 103,529 | 100,302 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 3,051,687 | 3,419,620 | 1,977,094 | 1,935,533 | 1,962,997 | 1,472,103 | 1,289,180 | 710,451 | 870,279 | 871,340 | 908,498 | 1,025,646 | 802,540 | 926,280 |
loans | 402,859 | 436,606 | 485,169 | 538,137 | 20,356 | 413,649 | 466,982 | 518,840 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 16,447 | 33,955 | 50,137 | 83,793 | 65,249 | 75,267 | 49,170 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17,802 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 7,840 | 7,840 | 7,840 | 0 | 0 | 0 | 0 | 0 | 491,698 | 159,436 | 181,121 | 209,645 | 246,474 | 106,491 |
provisions | 136,997 | 124,572 | 91,161 | 79,656 | 75,928 | 62,281 | 55,495 | 34,340 | 32,780 | 32,780 | 32,780 | 31,708 | 39,995 | 39,995 |
total long term liabilities | 547,696 | 585,465 | 618,125 | 667,930 | 180,077 | 541,179 | 597,744 | 620,152 | 524,478 | 192,216 | 213,901 | 241,353 | 286,469 | 146,486 |
total liabilities | 3,599,383 | 4,005,085 | 2,595,219 | 2,603,463 | 2,143,074 | 2,013,282 | 1,886,924 | 1,330,603 | 1,394,757 | 1,063,556 | 1,122,399 | 1,266,999 | 1,089,009 | 1,072,766 |
net assets | 3,391,364 | 3,611,340 | 3,562,361 | 2,007,606 | 1,591,115 | 1,448,164 | 1,220,949 | 1,144,706 | 1,047,396 | 1,187,027 | 1,089,496 | 1,054,474 | 1,025,519 | 886,495 |
total shareholders funds | 3,391,364 | 3,611,340 | 3,562,361 | 2,007,606 | 1,591,115 | 1,448,164 | 1,220,949 | 1,144,706 | 1,047,396 | 1,187,027 | 1,089,496 | 1,054,474 | 1,025,519 | 886,495 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 506,079 | 880,761 | ||||||||||||
Depreciation | 51,794 | 56,940 | 60,463 | 65,563 | 62,346 | 52,159 | 44,334 | 34,681 | 29,959 | 32,052 | 32,944 | 35,497 | 40,847 | 41,946 |
Amortisation | 7,415 | 6,346 | 7,533 | 8,069 | 10,136 | 11,905 | 2,343 | 2,034 | 2,451 | 3,268 | 4,356 | 5,454 | 6,893 | 9,191 |
Tax | -99,079 | -204,816 | ||||||||||||
Stock | 640,526 | -132,619 | 378,093 | 218,972 | -5,260 | 126,580 | 27,578 | 78,240 | -176,162 | 7,166 | -57,316 | 41,100 | 159,553 | 369,124 |
Debtors | -907,078 | 1,238,015 | 502,711 | 652,656 | 293,185 | 137,557 | 516,432 | -200,292 | 113,896 | 19,833 | -42,694 | 153,404 | -33,971 | 866,800 |
Creditors | 571,660 | -45,009 | 103,167 | 272,784 | 189,643 | -53,868 | 283,747 | -443,829 | -1,061 | -37,158 | -117,148 | 223,106 | -123,740 | 926,280 |
Accruals and Deferred Income | -710,149 | 266,517 | 425,234 | -1,633 | -898 | 127,797 | -14,575 | 118,104 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 12,425 | 33,411 | 11,505 | 3,728 | 13,647 | 6,786 | 21,155 | 1,560 | 0 | 0 | 1,072 | -8,287 | 0 | 39,995 |
Cash flow from operations | 606,697 | -111,246 | ||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | 0 | 0 | ||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | 0 | 0 | ||||||||||||
Financing Activities | ||||||||||||||
Bank loans | -8,000 | 48,000 | 0 | 0 | -53,333 | 1,475 | 51,858 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | -206,422 | 1,243,720 | -359,583 | 359,583 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -33,747 | -48,563 | -52,968 | 517,781 | -393,293 | -53,333 | -51,858 | 518,840 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | -31,469 | -41,105 | -3,532 | -44,272 | 38,497 | -1,524 | 33,710 | 65,113 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 7,840 | 0 | 0 | 0 | 0 | -491,698 | 332,262 | -21,685 | -28,524 | -36,829 | 139,983 | 106,491 |
share issue | ||||||||||||||
interest | -26,976 | -26,965 | ||||||||||||
cash flow from financing | -306,614 | 1,175,086 | ||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -392,623 | 374,195 | 638,275 | 28,139 | 102,640 | 32,775 | -3,609 | 4,049 | 13,150 | 1,353 | -3,142 | -5,056 | 2,829 | 5,807 |
overdraft | 0 | -47,105 | -139,907 | -647,582 | 335,529 | 99,025 | 232,284 | 167,756 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -392,623 | 421,300 | 778,182 | 675,721 | -232,889 | -66,250 | -235,893 | -163,707 | 13,150 | 1,353 | -3,142 | -5,056 | 2,829 | 5,807 |
grant brothers (meat canners) limited Credit Report and Business Information
Grant Brothers (meat Canners) Limited Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for grant brothers (meat canners) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
grant brothers (meat canners) limited Ownership
GRANT BROTHERS (MEAT CANNERS) LIMITED group structure
Grant Brothers (Meat Canners) Limited has no subsidiary companies.
Ultimate parent company
1 parent
GRANT BROTHERS (MEAT CANNERS) LIMITED
SC020934
grant brothers (meat canners) limited directors
Grant Brothers (Meat Canners) Limited currently has 1 director, Mr John Fallon serving since May 2000.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr John Fallon | Scotland | 64 years | May 2000 | - | Director |
P&L
March 2023turnover
10.9m
-2%
operating profit
506.1k
-43%
gross margin
16.1%
-19.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
3.4m
-0.06%
total assets
7m
-0.08%
cash
798.8k
-0.33%
net assets
Total assets minus all liabilities
grant brothers (meat canners) limited company details
company number
SC020934
Type
Private limited with Share Capital
industry
10110 - Processing and preserving of meat
incorporation date
April 1939
age
85
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
richmond bridge, galston, KA4 8JU
last accounts submitted
March 2023
grant brothers (meat canners) 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 12 charges/mortgages relating to grant brothers (meat canners) limited. Currently there are 5 open charges and 7 have been satisfied in the past.
![charges](/assets/images/company_charges.png)
grant brothers (meat canners) limited Companies House Filings - See Documents
date | description | view/download |
---|