bute island foods ltd.
bute island foods ltd. Company Information
Company Number
SC237960
Next Accounts
Dec 2025
Industry
Manufacture of other food products n.e.c.
Shareholders
saputo dairy uk
Group Structure
View All
Contact
Registered Address
the creamery townhead, rothesay, isle of bute, PA20 9JH
Website
www.buteisland.combute island foods ltd. Estimated Valuation
Pomanda estimates the enterprise value of BUTE ISLAND FOODS LTD. at £17.4m based on a Turnover of £17.3m and 1x industry multiple (adjusted for size and gross margin).
bute island foods ltd. Estimated Valuation
Pomanda estimates the enterprise value of BUTE ISLAND FOODS LTD. at £10.3m based on an EBITDA of £1.5m and a 6.99x industry multiple (adjusted for size and gross margin).
bute island foods ltd. Estimated Valuation
Pomanda estimates the enterprise value of BUTE ISLAND FOODS LTD. at £28.5m based on Net Assets of £14.7m and 1.94x industry multiple (adjusted for liquidity).
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Bute Island Foods Ltd. Overview
Bute Island Foods Ltd. is a live company located in isle of bute, PA20 9JH with a Companies House number of SC237960. It operates in the manufacture of other food products n.e.c. sector, SIC Code 10890. Founded in October 2002, it's largest shareholder is saputo dairy uk with a 100% stake. Bute Island Foods Ltd. is a mature, mid sized company, Pomanda has estimated its turnover at £17.3m with unknown growth in recent years.
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Bute Island Foods Ltd. Health Check
Pomanda's financial health check has awarded Bute Island Foods Ltd. a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
0 Regular
4 Weak
Size
annual sales of £17.3m, make it smaller than the average company (£25m)
£17.3m - Bute Island Foods Ltd.
£25m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Bute Island Foods Ltd.
- - Industry AVG
Production
with a gross margin of 38.7%, this company has a lower cost of product (25.9%)
38.7% - Bute Island Foods Ltd.
25.9% - Industry AVG
Profitability
an operating margin of 3.4% make it less profitable than the average company (4.4%)
3.4% - Bute Island Foods Ltd.
4.4% - Industry AVG
Employees
with 156 employees, this is above the industry average (110)
156 - Bute Island Foods Ltd.
110 - Industry AVG
Pay Structure
on an average salary of £25.3k, the company has a lower pay structure (£39.2k)
£25.3k - Bute Island Foods Ltd.
£39.2k - Industry AVG
Efficiency
resulting in sales per employee of £111.1k, this is less efficient (£227.4k)
£111.1k - Bute Island Foods Ltd.
£227.4k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is earlier than average (48 days)
19 days - Bute Island Foods Ltd.
48 days - Industry AVG
Creditor Days
its suppliers are paid after 48 days, this is slower than average (42 days)
48 days - Bute Island Foods Ltd.
42 days - Industry AVG
Stock Days
it holds stock equivalent to 119 days, this is more than average (46 days)
119 days - Bute Island Foods Ltd.
46 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 49 weeks, this is more cash available to meet short term requirements (8 weeks)
49 weeks - Bute Island Foods Ltd.
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19.4%, this is a lower level of debt than the average (56.8%)
19.4% - Bute Island Foods Ltd.
56.8% - Industry AVG
BUTE ISLAND FOODS LTD. financials
Bute Island Foods Ltd.'s latest turnover from March 2024 is £17.3 million and the company has net assets of £14.7 million. According to their latest financial statements, Bute Island Foods Ltd. has 156 employees and maintains cash reserves of £2.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 17,334,000 | 18,169,000 | 21,559,000 | 16,675,000 | 13,104,888 | 9,617,830 | |||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| Cost Of Sales | 10,628,000 | 11,052,000 | 11,312,000 | 8,060,000 | 6,154,988 | 5,245,681 | |||||||||
| Gross Profit | 6,706,000 | 7,117,000 | 10,247,000 | 8,615,000 | 6,949,900 | 4,372,149 | |||||||||
| Admin Expenses | 6,126,000 | 4,698,000 | 6,100,000 | 3,548,000 | 2,274,233 | 1,655,482 | |||||||||
| Operating Profit | 580,000 | 2,419,000 | 4,147,000 | 5,067,000 | 4,675,667 | 2,716,667 | |||||||||
| Interest Payable | 0 | 0 | 9,000 | 0 | 0 | 54,376 | |||||||||
| Interest Receivable | 0 | 16,000 | 33,000 | 32,000 | 22,101 | 2,542 | |||||||||
| Pre-Tax Profit | 580,000 | 2,435,000 | 4,171,000 | 5,099,000 | 4,697,768 | 2,664,833 | |||||||||
| Tax | 1,000 | -341,000 | -572,000 | -670,000 | -780,520 | -425,276 | |||||||||
| Profit After Tax | 581,000 | 2,094,000 | 3,599,000 | 4,429,000 | 3,917,248 | 2,239,557 | |||||||||
| Dividends Paid | 0 | 0 | 3,197,000 | 400,000 | 400,000 | 170,580 | |||||||||
| Retained Profit | 581,000 | 2,094,000 | 402,000 | 4,029,000 | 3,517,248 | 2,068,977 | |||||||||
| Employee Costs | 3,942,000 | 3,858,000 | 5,158,000 | 4,028,000 | 2,263,870 | 1,979,858 | |||||||||
| Number Of Employees | 156 | 167 | 175 | 161 | 127 | 119 | 71 | 35 | |||||||
| EBITDA* | 1,469,000 | 2,904,000 | 4,872,000 | 5,311,000 | 4,900,580 | 3,213,396 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 9,674,000 | 9,191,000 | 6,980,000 | 3,184,000 | 1,787,259 | 1,711,391 | 1,362,021 | 711,649 | 684,821 | 619,027 | 619,182 | 417,413 | 117,047 | 118,714 | 137,375 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 239,000 | 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 | 0 |
| Total Fixed Assets | 9,674,000 | 9,191,000 | 6,980,000 | 3,423,000 | 1,787,259 | 1,711,391 | 1,362,021 | 711,649 | 684,821 | 619,027 | 619,182 | 417,413 | 117,047 | 118,714 | 137,375 |
| Stock & work in progress | 3,488,000 | 3,885,000 | 2,723,000 | 1,901,000 | 1,068,977 | 935,707 | 492,507 | 314,082 | 147,808 | 105,833 | 115,780 | 101,970 | 69,338 | 95,135 | 78,190 |
| Trade Debtors | 940,000 | 2,007,000 | 2,195,000 | 1,895,000 | 2,107,202 | 1,034,024 | 856,476 | 521,282 | 118,449 | 173,728 | 113,613 | 89,247 | 43,867 | 130,925 | 139,197 |
| Group Debtors | 1,573,000 | 835,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 235,000 | 209,000 | 883,000 | 1,227,000 | 340,374 | 132,332 | 174,999 | 99,950 | 73,418 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 2,278,000 | 1,303,000 | 2,779,000 | 4,534,000 | 3,704,028 | 1,379,326 | 400,369 | 78,963 | 57,966 | 215,978 | 66,418 | 54,545 | 316,618 | 23,442 | 18,160 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,514,000 | 8,239,000 | 8,580,000 | 9,557,000 | 7,220,581 | 3,481,389 | 1,924,351 | 1,014,277 | 397,641 | 495,539 | 295,811 | 245,762 | 429,823 | 249,502 | 235,547 |
| total assets | 18,188,000 | 17,430,000 | 15,560,000 | 12,980,000 | 9,007,840 | 5,192,780 | 3,286,372 | 1,725,926 | 1,082,462 | 1,114,566 | 914,993 | 663,175 | 546,870 | 368,216 | 372,922 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,401,000 | 1,711,000 | 1,429,000 | 652,000 | 358,167 | 389,931 | 256,794 | 156,859 | 81,239 | 484,072 | 409,696 | 260,205 | 172,245 | 7,400 | 25,577 |
| Group/Directors Accounts | 449,000 | 0 | 856,000 | 0 | 0 | 140,991 | 258,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 92,200 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 520,000 | 404,000 | 508,000 | 629,000 | 957,751 | 513,040 | 498,004 | 551,131 | 312,273 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,370,000 | 2,115,000 | 2,793,000 | 1,281,000 | 1,315,918 | 1,043,962 | 1,104,998 | 707,990 | 393,512 | 484,072 | 409,696 | 260,205 | 172,245 | 7,400 | 25,577 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 176,741 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 350,000 | 427,000 | 394,000 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 809,000 | 810,000 | 389,000 | 67,000 | 139,169 | 113,313 | 38,105 | 48,944 | 38,537 | 23,914 | 19,745 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,159,000 | 1,237,000 | 783,000 | 117,000 | 139,169 | 113,313 | 214,846 | 48,944 | 38,537 | 23,914 | 19,745 | 0 | 0 | 0 | 0 |
| total liabilities | 3,529,000 | 3,352,000 | 3,576,000 | 1,398,000 | 1,455,087 | 1,157,275 | 1,319,844 | 756,934 | 432,049 | 507,986 | 429,441 | 260,205 | 172,245 | 7,400 | 25,577 |
| net assets | 14,659,000 | 14,078,000 | 11,984,000 | 11,582,000 | 7,552,753 | 4,035,505 | 1,966,528 | 968,992 | 650,413 | 606,580 | 485,552 | 402,970 | 374,625 | 360,816 | 347,345 |
| total shareholders funds | 14,659,000 | 14,078,000 | 11,984,000 | 11,582,000 | 7,552,753 | 4,035,505 | 1,966,528 | 968,992 | 650,413 | 606,580 | 485,552 | 402,970 | 374,625 | 360,816 | 347,345 |
| Mar 2024 | Mar 2023 | Mar 2022 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 580,000 | 2,419,000 | 4,147,000 | 5,067,000 | 4,675,667 | 2,716,667 | |||||||||
| Depreciation | 889,000 | 485,000 | 725,000 | 244,000 | 224,913 | 496,729 | 404,317 | 80,807 | 72,582 | 48,689 | 39,465 | 22,617 | 4,084 | 25,484 | 92,065 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 1,000 | -341,000 | -572,000 | -670,000 | -780,520 | -425,276 | |||||||||
| Stock | -397,000 | 1,162,000 | 2,723,000 | 832,023 | 133,270 | 443,200 | 178,425 | 166,274 | 41,975 | -9,947 | 13,810 | 32,632 | -25,797 | 16,945 | 78,190 |
| Debtors | -303,000 | -27,000 | 3,078,000 | 674,424 | 1,281,220 | 134,881 | 410,243 | 429,365 | 18,139 | 60,115 | 24,366 | 45,380 | -87,058 | -8,272 | 139,197 |
| Creditors | -310,000 | 282,000 | 1,429,000 | 293,833 | -31,764 | 133,137 | 99,935 | 75,620 | -402,833 | 74,376 | 149,491 | 87,960 | 164,845 | -18,177 | 25,577 |
| Accruals and Deferred Income | 116,000 | -104,000 | 508,000 | -328,751 | 444,711 | 15,036 | -53,127 | 238,858 | 312,273 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -1,000 | 421,000 | 389,000 | -72,169 | 25,856 | 75,208 | -10,839 | 10,407 | 14,623 | 4,169 | 19,745 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,975,000 | 2,027,000 | 825,000 | 3,027,466 | 3,144,373 | 2,433,420 | |||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 239,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | |||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 449,000 | -856,000 | 856,000 | 0 | -140,991 | -117,009 | 258,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | -268,941 | 268,941 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -77,000 | 33,000 | 394,000 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 16,000 | 24,000 | 32,000 | 22,101 | -51,834 | |||||||||
| cash flow from financing | 372,000 | -807,000 | 12,856,000 | 82,247 | -118,890 | -437,784 | |||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 975,000 | -1,476,000 | 2,779,000 | 829,972 | 2,324,702 | 978,957 | 321,406 | 20,997 | -158,012 | 149,560 | 11,873 | -262,073 | 293,176 | 5,282 | 18,160 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 975,000 | -1,476,000 | 2,779,000 | 829,972 | 2,324,702 | 978,957 | 321,406 | 20,997 | -158,012 | 149,560 | 11,873 | -262,073 | 293,176 | 5,282 | 18,160 |
bute island foods ltd. Credit Report and Business Information
Bute Island Foods Ltd. Competitor Analysis
Perform a competitor analysis for bute island foods ltd. by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in PA20 area or any other competitors across 12 key performance metrics.
bute island foods ltd. Ownership
BUTE ISLAND FOODS LTD. group structure
Bute Island Foods Ltd. has no subsidiary companies.
Ultimate parent company
SAPUTO INC
#0130567
2 parents
BUTE ISLAND FOODS LTD.
SC237960
bute island foods ltd. directors
Bute Island Foods Ltd. currently has 4 directors. The longest serving directors include Mr Adam Braithwaite (May 2021) and Ms Maxime Therrien (May 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam Braithwaite | England | 49 years | May 2021 | - | Director |
| Ms Maxime Therrien | England | 55 years | May 2021 | - | Director |
| Mr Christopher Thornton | England | 60 years | Nov 2024 | - | Director |
| Mr Steven Douglas | England | 55 years | Nov 2024 | - | Director |
P&L
March 2024turnover
17.3m
-5%
operating profit
580k
-76%
gross margin
38.7%
-1.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
14.7m
+0.04%
total assets
18.2m
+0.04%
cash
2.3m
+0.75%
net assets
Total assets minus all liabilities
bute island foods ltd. company details
company number
SC237960
Type
Private limited with Share Capital
industry
10890 - Manufacture of other food products n.e.c.
incorporation date
October 2002
age
23
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
isle of bute foods limited (October 2006)
accountant
-
auditor
WILLIAM DUNCAN & CO (AUDIT) LTD
address
the creamery townhead, rothesay, isle of bute, PA20 9JH
Bank
SANTANDER BUSINESS BANKING
Legal Advisor
-
bute island foods 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 did not find charges/mortgages relating to bute island foods ltd..
bute island foods ltd. Capital Raised & Share Issues BETA
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bute island foods ltd. Companies House Filings - See Documents
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