ahmeds frozen foods limited
ahmeds frozen foods limited Company Information
Company Number
SC544294
Website
-Registered Address
2 whitlawburn terrace, cambuslang, glasgow, G72 8BZ
Industry
Other food service activities
Wholesale of meat and meat products
Telephone
-
Next Accounts Due
June 2024
Group Structure
View All
Directors
Mumtaz Khan6 Years
Shareholders
mumtaz ahmed khan 100%
ahmeds frozen foods limited Estimated Valuation
Pomanda estimates the enterprise value of AHMEDS FROZEN FOODS LIMITED at £5.8m based on a Turnover of £13.2m and 0.44x industry multiple (adjusted for size and gross margin).
ahmeds frozen foods limited Estimated Valuation
Pomanda estimates the enterprise value of AHMEDS FROZEN FOODS LIMITED at £550.5k based on an EBITDA of £105.5k and a 5.22x industry multiple (adjusted for size and gross margin).
ahmeds frozen foods limited Estimated Valuation
Pomanda estimates the enterprise value of AHMEDS FROZEN FOODS LIMITED at £7.3m based on Net Assets of £3.1m and 2.33x industry multiple (adjusted for liquidity).
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Ahmeds Frozen Foods Limited Overview
Ahmeds Frozen Foods Limited is a live company located in glasgow, G72 8BZ with a Companies House number of SC544294. It operates in the wholesale of meat and meat products sector, SIC Code 46320. Founded in September 2016, it's largest shareholder is mumtaz ahmed khan with a 100% stake. Ahmeds Frozen Foods Limited is a young, mid sized company, Pomanda has estimated its turnover at £13.2m with healthy growth in recent years.
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Ahmeds Frozen Foods Limited Health Check
Pomanda's financial health check has awarded Ahmeds Frozen Foods Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
4 Weak
Size
annual sales of £13.2m, make it in line with the average company (£11.1m)
- Ahmeds Frozen Foods Limited
£11.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a faster rate (2%)
- Ahmeds Frozen Foods Limited
2% - Industry AVG
Production
with a gross margin of 19.9%, this company has a comparable cost of product (19.9%)
- Ahmeds Frozen Foods Limited
19.9% - Industry AVG
Profitability
an operating margin of 0.3% make it less profitable than the average company (3.2%)
- Ahmeds Frozen Foods Limited
3.2% - Industry AVG
Employees
with 123 employees, this is above the industry average (26)
- Ahmeds Frozen Foods Limited
26 - Industry AVG
Pay Structure
on an average salary of £28.3k, the company has an equivalent pay structure (£28.3k)
- Ahmeds Frozen Foods Limited
£28.3k - Industry AVG
Efficiency
resulting in sales per employee of £107.3k, this is less efficient (£285.9k)
- Ahmeds Frozen Foods Limited
£285.9k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is later than average (33 days)
- Ahmeds Frozen Foods Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (33 days)
- Ahmeds Frozen Foods Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 20 days, this is in line with average (17 days)
- Ahmeds Frozen Foods Limited
17 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 21 weeks, this is more cash available to meet short term requirements (17 weeks)
21 weeks - Ahmeds Frozen Foods Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19.7%, this is a lower level of debt than the average (63.4%)
19.7% - Ahmeds Frozen Foods Limited
63.4% - Industry AVG
ahmeds frozen foods limited Credit Report and Business Information
Ahmeds Frozen Foods Limited Competitor Analysis
Perform a competitor analysis for ahmeds frozen foods limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
ahmeds frozen foods limited Ownership
AHMEDS FROZEN FOODS LIMITED group structure
Ahmeds Frozen Foods Limited has no subsidiary companies.
Ultimate parent company
AHMEDS FROZEN FOODS LIMITED
SC544294
ahmeds frozen foods limited directors
Ahmeds Frozen Foods Limited currently has 1 director, Mr Mumtaz Khan serving since Jan 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mumtaz Khan | United Kingdom | 44 years | Jan 2018 | - | Director |
AHMEDS FROZEN FOODS LIMITED financials
Ahmeds Frozen Foods Limited's latest turnover from September 2022 is estimated at £13.2 million and the company has net assets of £3.1 million. According to their latest financial statements, we estimate that Ahmeds Frozen Foods Limited has 123 employees and maintains cash reserves of £317.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | ||||||
| Tax | ||||||
| Profit After Tax | ||||||
| Dividends Paid | ||||||
| Retained Profit | ||||||
| Employee Costs | ||||||
| Number Of Employees | 29 | 23 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 136,331 | 170,414 | 213,018 | 266,272 | 355,029 | 473,372 |
| Intangible Assets | 0 | 37,264 | 74,530 | 111,796 | 149,062 | 198,750 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 73,000 | 0 |
| Total Fixed Assets | 136,331 | 207,678 | 287,548 | 378,068 | 577,091 | 672,122 |
| Stock & work in progress | 580,864 | 785,574 | 817,880 | 870,429 | 801,786 | 899,876 |
| Trade Debtors | 2,017,106 | 1,953,631 | 1,780,439 | 1,329,195 | 1,418,909 | 1,223,219 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 850,000 | 0 | 0 | 0 | 0 | 0 |
| Cash | 317,742 | 739,177 | 889,351 | 934,562 | 979,876 | 1,347,860 |
| misc current assets | 9,717 | 11,006 | 15,406 | 19,290 | 0 | 0 |
| total current assets | 3,775,429 | 3,489,388 | 3,503,076 | 3,153,476 | 3,200,571 | 3,470,955 |
| total assets | 3,911,760 | 3,697,066 | 3,790,624 | 3,531,544 | 3,777,662 | 4,143,077 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 689,286 | 435,288 | 391,238 | 239,089 | 363,397 | 432,776 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 82,034 | 107,064 | 120,441 | 100,958 | 0 | 0 |
| total current liabilities | 771,320 | 542,352 | 511,679 | 340,047 | 363,397 | 432,776 |
| loans | 0 | 49,921 | 204,442 | 154,442 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 399,713 | 455,734 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 49,921 | 204,442 | 154,442 | 399,713 | 455,734 |
| total liabilities | 771,320 | 592,273 | 716,121 | 494,489 | 763,110 | 888,510 |
| net assets | 3,140,440 | 3,104,793 | 3,074,503 | 3,037,055 | 3,014,552 | 3,254,567 |
| total shareholders funds | 3,140,440 | 3,104,793 | 3,074,503 | 3,037,055 | 3,014,552 | 3,254,567 |
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 34,083 | 42,604 | 53,254 | 88,757 | 118,343 | 157,790 |
| Amortisation | 37,264 | 37,266 | 37,266 | 37,266 | 49,688 | 66,250 |
| Tax | ||||||
| Stock | -204,710 | -32,306 | -52,549 | 68,643 | -98,090 | 899,876 |
| Debtors | 913,475 | 173,192 | 451,244 | -162,714 | 268,690 | 1,223,219 |
| Creditors | 253,998 | 44,050 | 152,149 | -124,308 | -69,379 | 432,776 |
| Accruals and Deferred Income | -25,030 | -13,377 | 19,483 | 100,958 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -49,921 | -154,521 | 50,000 | 154,442 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -399,713 | -56,021 | 455,734 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -421,435 | -150,174 | -45,211 | -45,314 | -367,984 | 1,347,860 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -421,435 | -150,174 | -45,211 | -45,314 | -367,984 | 1,347,860 |
P&L
September 2022turnover
13.2m
-2%
operating profit
34.2k
0%
gross margin
20%
+6.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
3.1m
+0.01%
total assets
3.9m
+0.06%
cash
317.7k
-0.57%
net assets
Total assets minus all liabilities
ahmeds frozen foods limited company details
company number
SC544294
Type
Private limited with Share Capital
industry
56290 - Other food service activities
46320 - Wholesale of meat and meat products
incorporation date
September 2016
age
8
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
2 whitlawburn terrace, cambuslang, glasgow, G72 8BZ
last accounts submitted
September 2022
ahmeds frozen foods 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 did not find charges/mortgages relating to ahmeds frozen foods limited.
ahmeds frozen foods limited Companies House Filings - See Documents
| date | description | view/download |
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