Strathmore Foods Limited

POWER SEARCH PRICING

SOLUTIONS

strathmore foods limited Company Information

Company Number

SC053180

Next Accounts

Mar 2026

Directors

Colin Nisbet

Dain Egan

View All

Shareholders

blackadders trustees ltd

douglas nisbet

View All

Group Structure

View All

Industry

Manufacture of prepared meals and dishes

Registered Address

carseview road, forfar angus, DD8 3NG

Website

www.strathmore-foods.com

strathmore foods limited Estimated Valuation

£24m

Pomanda estimates the enterprise value of STRATHMORE FOODS LIMITED at £24m based on Net Assets of £12.3m and 1.94x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Strathmore Foods Limited is a live company located in forfar angus, DD8 3NG with a Companies House number of SC053180. It operates in the manufacture of prepared meals and dishes sector, SIC Code 10850. Founded in May 1973, it's largest shareholder is blackadders trustees ltd with a 65.5% stake. Strathmore Foods Limited is a mature, mid sized company, Pomanda has estimated its turnover at £19.3m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Strathmore Foods Limited 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

Health Rating5out of 5

6 Strong

4 Regular

2 Weak

Size

annual sales of £19.3m, make it in line with the average company (£21.9m)

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (6.9%)

EXPORT

Strathmore Foods Limited's latest turnover from June 2024 is £19.3 million and the company has net assets of £12.3 million. According to their latest financial statements, Strathmore Foods Limited has 114 employees and maintains cash reserves of £7.6 million as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Turnover	19,288,837	19,116,349	16,803,148	14,191,055	14,315,617	14,288,507	13,519,388	13,495,779	12,460,772	11,950,900	12,541,914	12,078,685	11,097,456	11,640,861	11,302,524
Other Income Or Grants
Cost Of Sales	12,992,201	13,305,169	10,516,071	8,682,296	8,968,524	9,053,179	8,378,376	8,075,348	7,218,494	7,543,023	8,547,417	8,219,864	8,094,590	8,890,739	8,286,009
Gross Profit	6,296,636	5,811,180	6,287,077	5,508,759	5,347,093	5,235,328	5,141,012	5,420,431	5,242,278	4,407,877	3,994,497	3,858,821	3,002,866	2,750,122	3,016,515
Admin Expenses	3,990,662	3,739,867	6,455,611	3,166,808	3,177,045	3,133,901	2,896,383	2,909,673	3,111,450	3,160,500	2,886,745	2,922,835	2,461,874	2,336,572	2,437,800
Operating Profit	2,305,974	2,071,313	-168,534	2,341,951	2,170,048	2,101,427	2,244,629	2,510,758	2,130,828	1,247,377	1,107,752	935,986	540,992	413,550	578,715
Interest Payable	137,247	114,557	145,388	121,177	121,898	127,381	127,241	134,787	132,534	103,136	92,894	93,326	68,451	60,763	73,900
Interest Receivable	152,638	48,210	14,720	14,828	55,918	80,391	58,841	26,185	2,018	1,291	1,128	384	47	177	378
Pre-Tax Profit	2,321,365	2,004,966	-299,202	2,235,602	2,104,068	2,054,437	2,176,229	2,402,156	2,000,312	1,145,532	1,015,986	843,044	472,588	232,037	505,193
Tax	-580,350	-385,570	-570,945	-509,829	-417,016	-391,346	-408,128	-417,934	-440,018	-256,706	-241,764	-210,920	-109,668	-46,944	-184,040
Profit After Tax	1,741,015	1,619,396	-870,147	1,725,773	1,687,052	1,663,091	1,768,101	1,984,222	1,560,294	888,826	774,222	632,124	362,920	185,093	321,153
Dividends Paid	575,000	602,122	1,340,000	1,665,000	242,000	200,000	448,873	50,000	350,000	150,000
Retained Profit	1,166,015	1,017,274	-2,210,147	60,773	1,445,052	1,463,091	1,319,228	1,934,222	1,210,294	738,826	774,222	632,124	362,920	185,093	321,153
Employee Costs	4,138,637	3,881,772	3,670,063	3,210,618	3,245,553	3,177,753	2,859,534	2,889,511	2,873,927	2,953,157	2,804,389	2,908,890	2,569,153	2,634,425	2,584,528
Number Of Employees	114	117	116	114	118	118	117	122	126	137	142	136	132	152	142
EBITDA*	2,944,030	2,699,649	431,228	2,945,673	2,779,536	2,657,027	2,761,965	3,019,305	2,613,432	1,699,783	1,551,129	1,365,276	981,831	830,708	987,046

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Tangible Assets	3,719,847	3,769,299	3,648,102	3,571,270	3,690,898	3,577,891	3,303,975	3,143,902	2,755,034	2,861,373	2,740,277	2,635,838	2,535,010	2,530,935	2,523,846
Intangible Assets												220	1,260	2,320	3,360
Investments & Other	130,187	130,187	113,763	111,982	97,197	97,197	4,804	4,804	4,804	4,804	4,804	4,804	4,804	4,804	9,852
Debtors (Due After 1 year)
Total Fixed Assets	3,850,034	3,899,486	3,761,865	3,683,252	3,788,095	3,675,088	3,308,779	3,148,706	2,759,838	2,866,177	2,745,081	2,640,862	2,541,074	2,538,059	2,537,058
Stock & work in progress	1,178,317	1,277,379	1,173,932	850,253	946,812	854,376	720,018	666,361	581,729	536,384	569,341	631,839	716,862	841,468	750,656
Trade Debtors	2,413,798	2,241,954	1,303,702	1,743,694	1,515,883	1,592,041	1,576,156	1,640,628	1,794,990	1,611,802	1,507,924	1,782,769	1,383,148	1,459,135	1,322,000
Group Debtors			746,878					2,000,859
Misc Debtors	889,353	1,151,773	1,121,201	3,992,704	3,994,711	3,065,693	2,424,214	118,377	738,889	639,889	708,908	673,888	630,979	527,460	430,656
Cash	7,619,500	5,882,522	5,346,425	5,043,858	4,926,878	4,894,937	4,477,391	3,557,052	3,052,822	2,122,348	1,616,307	978,460	435,786	195,852	320,141
misc current assets
total current assets	12,100,968	10,553,628	9,692,138	11,630,509	11,384,284	10,407,047	9,197,779	7,983,277	6,168,430	4,910,423	4,402,480	4,066,956	3,166,775	3,023,915	2,823,453
total assets	15,951,002	14,453,114	13,454,003	15,313,761	15,172,379	14,082,135	12,506,558	11,131,983	8,928,268	7,776,600	7,147,561	6,707,818	5,707,849	5,561,974	5,360,511
Bank overdraft
Bank loan					46,271	88,174	88,934	83,443	39,783	58,925
Trade Creditors	1,530,073	1,493,791	1,528,618	1,208,515	1,095,620	1,221,698	1,229,006	1,025,395	993,580	1,072,399	1,056,086	1,336,886	1,173,732	1,505,044	1,224,495
Group/Directors Accounts
other short term finances	134,493	111,535	142,002	116,405							95,517	96,312	92,370	90,928	66,667
hp & lease commitments		4,288	10,067	14,093	23,115	45,865	38,858	43,042	78,839	163,901	176,114	129,209	137,262	131,448	195,043
other current liabilities	1,361,955	1,089,346	1,111,691	1,218,604	1,364,892	1,502,346	1,280,692	1,362,092	1,207,425	951,297	1,061,504	1,096,345	814,041	645,138	810,780
total current liabilities	3,026,521	2,698,960	2,792,378	2,557,617	2,529,898	2,858,083	2,637,490	2,513,972	2,319,627	2,246,522	2,389,221	2,658,752	2,217,405	2,372,558	2,296,985
loans	21,775	21,775	21,775	21,775	41,329	119,217	203,910	288,870	180,138	219,215	202,722	293,944	390,256	484,200	482,447
hp & lease commitments			4,288	14,355	4,341	25,502	50,468	21,915	33,038	113,515	173,212	159,964	127,928	144,025	151,936
Accruals and Deferred Income											105,409	113,181	132,129	57,125	57,162
other liabilities	55,025	58,137	61,197	64,435	67,561	9,462	9,462	9,462	9,462	9,462	9,462	9,462	9,462	9,462	9,462
provisions	526,486	519,062	436,459	307,526	241,970	153,850	145,316	142,007	148,599	144,604	90,968	70,170	60,448	87,303	140,311
total long term liabilities	603,286	598,974	523,719	408,091	355,201	308,031	409,156	462,254	371,237	486,796	581,773	646,721	720,223	782,115	841,318
total liabilities	3,629,807	3,297,934	3,316,097	2,965,708	2,885,099	3,166,114	3,046,646	2,976,226	2,690,864	2,733,318	2,970,994	3,305,473	2,937,628	3,154,673	3,138,303
net assets	12,321,195	11,155,180	10,137,906	12,348,053	12,287,280	10,916,021	9,459,912	8,155,757	6,237,404	5,043,282	4,176,567	3,402,345	2,770,221	2,407,301	2,222,208
total shareholders funds	12,321,195	11,155,180	10,137,906	12,348,053	12,287,280	10,916,021	9,459,912	8,155,757	6,237,404	5,043,282	4,176,567	3,402,345	2,770,221	2,407,301	2,222,208

	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Operating Activities
Operating Profit	2,305,974	2,071,313	-168,534	2,341,951	2,170,048	2,101,427	2,244,629	2,510,758	2,130,828	1,247,377	1,107,752	935,986	540,992	413,550	578,715
Depreciation	638,056	628,336	599,762	603,722	609,488	555,600	517,336	508,547	482,604	452,406	443,157	428,250	439,779	416,118	407,291
Amortisation											220	1,040	1,060	1,040	1,040
Tax	-580,350	-385,570	-570,945	-509,829	-417,016	-391,346	-408,128	-417,934	-440,018	-256,706	-241,764	-210,920	-109,668	-46,944	-184,040
Stock	-99,062	103,447	323,679	-96,559	92,436	134,358	53,657	84,632	45,345	-32,957	-62,498	-85,023	-124,606	90,812	750,656
Debtors	-90,576	221,946	-2,564,617	225,804	852,860	657,364	240,506	1,225,985	282,188	34,859	-239,825	442,530	27,532	233,939	1,752,656
Creditors	36,282	-34,827	320,103	112,895	-126,078	-7,308	203,611	31,815	-78,819	16,313	-280,800	163,154	-331,312	280,549	1,224,495
Accruals and Deferred Income	272,609	-22,345	-106,913	-146,288	-137,454	221,654	-81,400	154,667	256,128	-215,616	-42,613	263,356	243,907	-165,679	867,942
Deferred Taxes & Provisions	7,424	82,603	128,933	65,556	88,120	8,534	3,309	-6,592	3,995	53,636	20,798	9,722	-26,855	-53,008	140,311
Cash flow from operations	2,869,633	2,014,117	2,443,344	2,338,762	1,241,812	1,696,839	2,185,194	1,470,644	2,027,185	1,295,508	1,309,073	1,233,081	854,977	520,875	532,442
Investing Activities
capital expenditure							-812,402	-2,275,245	-527,495	-423,882	-310,826	-311,736	-261,717	-464,086	-593,329
Change in Investments		16,424	1,781	14,785		92,393								-5,048	9,852
cash flow from investments		-16,424	-1,781	-14,785		-92,393	-812,402	-2,275,245	-527,495	-423,882	-310,826	-311,736	-261,717	-459,038	-603,181
Financing Activities
Bank loans				-46,271	-41,903	-760	5,491	43,660	-19,142	58,925
Group/Directors Accounts
Other Short Term Loans	22,958	-30,467	25,597	116,405						-95,517	-795	3,942	1,442	24,261	66,667
Long term loans				-19,554	-77,888	-84,693	-84,960	108,732	-39,077	16,493	-91,222	-96,312	-93,944	1,753	482,447
Hire Purchase and Lease Commitments	-4,288	-10,067	-14,093	992	-43,911	-17,959	24,369	-46,920	-165,539	-71,910	60,153	23,983	-10,283	-71,506	346,979
other long term liabilities	-3,112	-3,060	-3,238	-3,126	58,099										9,462
share issue					-73,793	-6,982	-15,073	-15,869	-16,172	127,889					1,901,055
interest	15,391	-66,347	-130,668	-106,349	-65,980	-46,990	-68,400	-108,602	-130,516	-101,845	-91,766	-92,942	-68,404	-60,586	-73,522
cash flow from financing	30,949	-109,941	-122,402	-57,903	-245,376	-157,384	-138,573	-18,999	-370,446	-65,965	-123,630	-161,329	-171,189	-106,078	2,733,088
cash and cash equivalents
cash	1,736,978	536,097	302,567	116,980	31,941	417,546	920,339	504,230	930,474	506,041	637,847	542,674	239,934	-124,289	320,141
overdraft
change in cash	1,736,978	536,097	302,567	116,980	31,941	417,546	920,339	504,230	930,474	506,041	637,847	542,674	239,934	-124,289	320,141

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for strathmore foods limited. Get real-time insights into strathmore foods limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for strathmore foods limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in DD8 area or any other competitors across 12 key performance metrics.

STRATHMORE FOODS LIMITED group structure

Strathmore Foods Limited has 3 subsidiary companies.

Ultimate parent company

STRATHMORE FOODS LIMITED

SC053180

3 subsidiaries

STRATHMORE MEAT LIMITED

SC142819

TAY VALLEY PATISSERIE LIMITED

SC039011

MAXCO FOODS LIMITED

SC030132

STRATHMORE FOODS LIMITED Shareholders

blackadders trustees ltd	65.5%
douglas nisbet	10%
julie nisbet	10%
colin nisbet	6%
jacqueline nisbet	6%
dain egan	1.25%
marion egan	1.25%

Strathmore Foods Limited currently has 6 directors. The longest serving directors include Mr Colin Nisbet (Dec 1988) and Mr Dain Egan (Jan 1999).

officer	age	start	end	role
Mr Colin Nisbet	77 years	Dec 1988	-	Director
Mr Dain Egan	59 years	Jan 1999	-	Director
Ms Julie Nisbet	48 years	Mar 2007	-	Director
Mr Douglas Nisbet	50 years	May 2010	-	Director
Mrs Jacqueline Nisbet	75 years	Sep 2019	-	Director
Mr Neil MacRae	39 years	Jan 2022	-	Director

P&L

June 2024

turnover

19.3m

+1%

operating profit

2.3m

+11%

gross margin

32.7%

+7.38%

turnover

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

Balance Sheet

June 2024

net assets

12.3m

+0.1%

total assets

16m

+0.1%

cash

7.6m

+0.3%

net assets

Total assets minus all liabilities

Similar Companies

kingasia foods limited

4.5

summit foods limited

snack food poco loco uk limited

pots&co ltd

veetee foods limited

4.5

company number

SC053180

Type

Private limited with Share Capital

industry

10850 - Manufacture of prepared meals and dishes

incorporation date

May 1973

ultimate parent company

None

previous names

strathmore meat limited (July 1993)

maxco foods limited (July 1991)

address

carseview road, forfar angus, DD8 3NG

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 6 charges/mortgages relating to strathmore foods limited. Currently there are 4 open charges and 2 have been satisfied in the past.

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 STRATHMORE FOODS LIMITED. This can take several minutes, an email will notify you when this has completed.

strathmore foods limited Company Information

strathmore foods limited Estimated Valuation

strathmore foods limited Estimated Valuation

strathmore foods limited Estimated Valuation

Strathmore Foods Limited Overview

Strathmore Foods Limited Health Check

STRATHMORE FOODS LIMITED financials

strathmore foods limited Credit Report and Business Information

Strathmore Foods Limited Competitor Analysis

strathmore foods limited Ownership

strathmore foods limited directors

strathmore foods limited company details

strathmore foods limited Charges & Mortgages

strathmore foods limited Capital Raised & Share Issues BETA

strathmore foods limited Companies House Filings - See Documents