dundee cold stores limited
dundee cold stores limited Company Information
Company Number
SC314713
Website
www.dundeecoldstores.co.ukRegistered Address
whittle place, gourdie industrial estate, dundee, angus, DD2 4TD
Industry
Other processing and preserving of fruit and vegetables
Telephone
01382621011
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
east coast viners (holdings) limited 50%
w p bruce ltd 50%
dundee cold stores limited Estimated Valuation
Pomanda estimates the enterprise value of DUNDEE COLD STORES LIMITED at £5.3m based on a Turnover of £12.2m and 0.43x industry multiple (adjusted for size and gross margin).
dundee cold stores limited Estimated Valuation
Pomanda estimates the enterprise value of DUNDEE COLD STORES LIMITED at £8.3m based on an EBITDA of £1.7m and a 4.75x industry multiple (adjusted for size and gross margin).
dundee cold stores limited Estimated Valuation
Pomanda estimates the enterprise value of DUNDEE COLD STORES LIMITED at £11.9m based on Net Assets of £7.4m and 1.6x industry multiple (adjusted for liquidity).
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Dundee Cold Stores Limited Overview
Dundee Cold Stores Limited is a live company located in dundee, DD2 4TD with a Companies House number of SC314713. It operates in the other processing and preserving of fruit and vegetables sector, SIC Code 10390. Founded in January 2007, it's largest shareholder is east coast viners (holdings) limited with a 50% stake. Dundee Cold Stores Limited is a established, mid sized company, Pomanda has estimated its turnover at £12.2m with healthy growth in recent years.
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Dundee Cold Stores Limited Health Check
Pomanda's financial health check has awarded Dundee Cold Stores Limited a 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 £12.2m, make it smaller than the average company (£30.2m)
- Dundee Cold Stores Limited
£30.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (2.6%)
- Dundee Cold Stores Limited
2.6% - Industry AVG
Production
with a gross margin of 18.2%, this company has a comparable cost of product (18.2%)
- Dundee Cold Stores Limited
18.2% - Industry AVG
Profitability
an operating margin of 8.2% make it more profitable than the average company (2.5%)
- Dundee Cold Stores Limited
2.5% - Industry AVG
Employees
with 43 employees, this is below the industry average (119)
43 - Dundee Cold Stores Limited
119 - Industry AVG
Pay Structure
on an average salary of £33.6k, the company has an equivalent pay structure (£33.6k)
- Dundee Cold Stores Limited
£33.6k - Industry AVG
Efficiency
resulting in sales per employee of £283k, this is more efficient (£176.3k)
- Dundee Cold Stores Limited
£176.3k - Industry AVG
Debtor Days
it gets paid by customers after 97 days, this is later than average (44 days)
- Dundee Cold Stores Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (38 days)
- Dundee Cold Stores Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 27 days, this is less than average (46 days)
- Dundee Cold Stores Limited
46 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 55 weeks, this is more cash available to meet short term requirements (8 weeks)
55 weeks - Dundee Cold Stores Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.2%, this is a lower level of debt than the average (49.4%)
25.2% - Dundee Cold Stores Limited
49.4% - Industry AVG
DUNDEE COLD STORES LIMITED financials
Dundee Cold Stores Limited's latest turnover from December 2022 is estimated at £12.2 million and the company has net assets of £7.4 million. According to their latest financial statements, Dundee Cold Stores Limited has 43 employees and maintains cash reserves of £991.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | 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 | 6,280,938 | 6,109,376 | 4,659,662 | 5,542,001 | 6,576,573 | 5,860,500 | ||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 999,297 | 1,800,830 | 705,045 | 1,363,132 | 2,227,519 | 1,604,287 | ||||||||
| Interest Payable | 46,558 | 59,049 | 77,968 | 82,098 | 96,854 | 116,681 | ||||||||
| Interest Receivable | 35 | 15 | 0 | 0 | 0 | 866 | ||||||||
| Pre-Tax Profit | 952,774 | 1,741,796 | 627,077 | 1,281,034 | 2,130,665 | 1,531,889 | ||||||||
| Tax | -204,712 | -407,633 | -143,306 | -372,364 | -600,147 | -483,174 | ||||||||
| Profit After Tax | 748,062 | 1,334,163 | 483,771 | 908,670 | 1,530,518 | 1,048,715 | ||||||||
| Dividends Paid | 900,000 | 200,000 | 900,000 | 0 | 0 | 0 | ||||||||
| Retained Profit | -151,938 | 1,134,163 | -416,229 | 908,670 | 1,530,518 | 1,048,715 | ||||||||
| Employee Costs | 1,359,181 | 1,189,604 | 1,210,412 | 1,191,734 | 1,331,779 | 1,301,392 | ||||||||
| Number Of Employees | 43 | 41 | 49 | 47 | 46 | 49 | 49 | 50 | 48 | 46 | 51 | 53 | 55 | 59 |
| EBITDA* | 1,542,408 | 2,336,885 | 1,221,755 | 1,890,771 | 2,645,892 | 1,845,543 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | 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 | 4,627,469 | 4,363,170 | 3,277,963 | 2,387,592 | 1,664,118 | 1,802,802 | 2,015,441 | 2,100,301 | 2,171,249 | 2,562,935 | 2,900,902 | 3,251,111 | 2,838,801 | 2,286,859 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,627,469 | 4,363,170 | 3,277,963 | 2,387,592 | 1,664,118 | 1,802,802 | 2,015,441 | 2,100,301 | 2,171,249 | 2,562,935 | 2,900,902 | 3,251,111 | 2,838,801 | 2,286,860 |
| Stock & work in progress | 747,649 | 362,800 | 153,242 | 101,569 | 120,536 | 131,391 | 108,330 | 41,682 | 38,378 | 39,114 | 49,902 | 47,857 | 109,003 | 137,966 |
| Trade Debtors | 3,258,734 | 3,165,169 | 3,199,237 | 2,282,727 | 3,345,787 | 3,260,353 | 3,442,872 | 2,770,892 | 3,040,634 | 2,757,798 | 2,194,072 | 2,508,591 | 2,975,850 | 2,317,934 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 271,884 | 209,030 | 198,199 | 274,848 | 103,846 | 79,826 | 107,090 | 157,257 | 80,516 | 296,614 | 84,146 | 302,269 | 394,171 | 115,406 |
| Cash | 991,653 | 610,020 | 708,572 | 160,356 | 242,036 | 69,607 | 30,401 | 181,967 | 61,496 | 246,667 | 100 | 328,261 | 210,572 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,651 | 0 | 0 | 0 | 0 |
| total current assets | 5,269,920 | 4,347,019 | 4,259,250 | 2,819,500 | 3,812,205 | 3,541,177 | 3,688,693 | 3,151,798 | 3,221,024 | 3,341,844 | 2,328,220 | 3,186,978 | 3,689,596 | 2,571,306 |
| total assets | 9,897,389 | 8,710,189 | 7,537,213 | 5,207,092 | 5,476,323 | 5,343,979 | 5,704,134 | 5,252,099 | 5,392,273 | 5,904,779 | 5,229,122 | 6,438,089 | 6,528,397 | 4,858,166 |
| Bank overdraft | 85,000 | 85,000 | 85,000 | 0 | 0 | 0 | 175,000 | 175,000 | 175,000 | 0 | 435,006 | 0 | 0 | 146,090 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 175,000 | 175,000 | 175,000 | 175,000 | 175,000 |
| Trade Creditors | 375,614 | 129,999 | 122,266 | 187,690 | 239,651 | 190,960 | 387,006 | 397,062 | 340,818 | 204,294 | 147,344 | 194,102 | 312,575 | 306,355 |
| Group/Directors Accounts | 0 | 0 | 0 | 22,188 | 22,188 | 22,188 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 474,085 | 466,194 | 560,382 | 335,976 | 568,233 | 660,323 | 670,779 | 464,563 | 647,057 | 546,040 | 335,575 | 1,202,281 | 2,074,346 | 1,771,758 |
| total current liabilities | 934,699 | 681,193 | 767,648 | 545,854 | 830,072 | 873,471 | 1,232,785 | 1,036,625 | 1,162,875 | 925,334 | 1,092,925 | 1,571,383 | 2,561,921 | 2,399,204 |
| loans | 747,661 | 839,674 | 929,178 | 0 | 0 | 0 | 0 | 0 | 350,000 | 525,000 | 700,000 | 875,000 | 1,050,000 | 1,225,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 33,287 | 272,927 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 815,528 | 549,280 | 322,688 | 188,676 | 35,682 | 38,870 | 49,515 | 45,688 | 8,281 | 36,690 | 57,416 | 90,868 | 71,765 | 68,441 |
| total long term liabilities | 1,563,189 | 1,388,954 | 1,251,866 | 188,676 | 35,682 | 38,870 | 82,802 | 318,615 | 358,281 | 561,690 | 757,416 | 965,868 | 1,121,765 | 1,293,441 |
| total liabilities | 2,497,888 | 2,070,147 | 2,019,514 | 734,530 | 865,754 | 912,341 | 1,315,587 | 1,355,240 | 1,521,156 | 1,487,024 | 1,850,341 | 2,537,251 | 3,683,686 | 3,692,645 |
| net assets | 7,399,501 | 6,640,042 | 5,517,699 | 4,472,562 | 4,610,569 | 4,431,638 | 4,388,547 | 3,896,859 | 3,871,117 | 4,417,755 | 3,378,781 | 3,900,838 | 2,844,711 | 1,165,521 |
| total shareholders funds | 7,399,501 | 6,640,042 | 5,517,699 | 4,472,562 | 4,610,569 | 4,431,638 | 4,388,547 | 3,896,859 | 3,871,117 | 4,417,755 | 3,378,781 | 3,900,838 | 2,844,711 | 1,165,521 |
| Dec 2022 | Dec 2021 | 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 | 999,297 | 1,800,830 | 705,045 | 1,363,132 | 2,227,519 | 1,604,287 | ||||||||
| Depreciation | 747,755 | 556,239 | 415,985 | 236,337 | 241,714 | 267,807 | 383,175 | 522,869 | 543,111 | 536,055 | 516,710 | 527,639 | 418,373 | 241,256 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -204,712 | -407,633 | -143,306 | -372,364 | -600,147 | -483,174 | ||||||||
| Stock | 384,849 | 209,558 | 51,673 | -18,967 | -10,855 | 23,061 | 66,648 | 3,304 | -736 | -10,788 | 2,045 | -61,146 | -28,963 | 137,966 |
| Debtors | 156,419 | -23,237 | 839,861 | -892,058 | 109,454 | -209,783 | 621,813 | -193,001 | 66,738 | 776,194 | -532,642 | -559,161 | 936,681 | 2,433,340 |
| Creditors | 245,615 | 7,733 | -65,424 | -51,961 | 48,691 | -196,046 | -10,056 | 56,244 | 136,524 | 56,950 | -46,758 | -118,473 | 6,220 | 306,355 |
| Accruals and Deferred Income | 7,891 | -94,188 | 224,406 | -232,257 | -92,090 | -10,456 | 206,216 | -182,494 | 101,017 | 210,465 | -866,706 | -872,065 | 302,588 | 1,771,758 |
| Deferred Taxes & Provisions | 266,248 | 226,592 | 134,012 | 152,994 | -3,188 | -10,645 | 3,827 | 37,407 | -28,409 | -20,726 | -33,452 | 19,103 | 3,324 | 68,441 |
| Cash flow from operations | 1,480,826 | 1,410,535 | 662,130 | 1,167,279 | 1,450,159 | 937,617 | ||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | -151,425 | -198,088 | -166,501 | -939,949 | -973,435 | -2,528,115 | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 1 |
| cash flow from investments | -151,425 | -198,088 | -166,501 | -939,949 | -973,434 | -2,528,116 | ||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -175,000 | 0 | 0 | 0 | 0 | 175,000 |
| Group/Directors Accounts | 0 | 0 | -22,188 | 0 | 0 | 22,188 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 1 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -92,013 | -89,504 | 929,178 | 0 | 0 | 0 | 0 | -350,000 | -175,000 | -175,000 | -175,000 | -175,000 | -175,000 | 1,225,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -33,287 | -239,640 | 272,927 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -46,523 | -59,034 | -77,968 | -82,098 | -96,854 | -115,815 | ||||||||
| cash flow from financing | -791,223 | -329,223 | -358,796 | -109,641 | -123,183 | 1,400,992 | ||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 381,633 | -98,552 | 548,216 | -81,680 | 172,429 | 39,206 | -151,566 | 120,471 | -185,171 | 246,567 | -328,161 | 117,689 | 210,572 | 0 |
| overdraft | 0 | 0 | 85,000 | 0 | 0 | -175,000 | 0 | 0 | 175,000 | -435,006 | 435,006 | 0 | -146,090 | 146,090 |
| change in cash | 381,633 | -98,552 | 463,216 | -81,680 | 172,429 | 214,206 | -151,566 | 120,471 | -360,171 | 681,573 | -763,167 | 117,689 | 356,662 | -146,090 |
dundee cold stores limited Credit Report and Business Information
Dundee Cold Stores Limited Competitor Analysis
Perform a competitor analysis for dundee cold stores limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
dundee cold stores limited Ownership
DUNDEE COLD STORES LIMITED group structure
Dundee Cold Stores Limited has no subsidiary companies.
Ultimate parent company
DUNDEE COLD STORES LIMITED
SC314713
dundee cold stores limited directors
Dundee Cold Stores Limited currently has 5 directors. The longest serving directors include Mr John Forbes (Feb 2007) and Mr Clive Bruce (Feb 2007).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Forbes | 76 years | Feb 2007 | - | Director | |
| Mr Clive Bruce | 52 years | Feb 2007 | - | Director | |
| Mr William Bruce | 85 years | Feb 2007 | - | Director | |
| Mr Iain Gillies | Scotland | 62 years | Apr 2007 | - | Director |
| Mr Graham Forbes | 55 years | Jul 2020 | - | Director |
P&L
December 2022turnover
12.2m
+8%
operating profit
993k
0%
gross margin
18.2%
-5.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
7.4m
+0.11%
total assets
9.9m
+0.14%
cash
991.7k
+0.63%
net assets
Total assets minus all liabilities
dundee cold stores limited company details
company number
SC314713
Type
Private limited with Share Capital
industry
10390 - Other processing and preserving of fruit and vegetables
incorporation date
January 2007
age
17
accounts
Small Company
ultimate parent company
previous names
dundee cold stores (holdings) limited (January 2009)
dmws 810 limited (April 2007)
incorporated
UK
address
whittle place, gourdie industrial estate, dundee, angus, DD2 4TD
last accounts submitted
December 2022
dundee cold stores 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 2 charges/mortgages relating to dundee cold stores limited. Currently there are 2 open charges and 0 have been satisfied in the past.
dundee cold stores limited Companies House Filings - See Documents
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