nationwide produce holdings plc
nationwide produce holdings plc Company Information
Company Number
03273696
Website
www.nationwideproduce.comRegistered Address
the business centre, 164 lord street, southport, merseyside, PR9 0HQ
Industry
Other food service activities
Telephone
01704540400
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
bernard joseph patrick o'malley 18.5%
john paul mann 18.4%
View Allnationwide produce holdings plc Estimated Valuation
Pomanda estimates the enterprise value of NATIONWIDE PRODUCE HOLDINGS PLC at £125.6m based on a Turnover of £176.7m and 0.71x industry multiple (adjusted for size and gross margin).
nationwide produce holdings plc Estimated Valuation
Pomanda estimates the enterprise value of NATIONWIDE PRODUCE HOLDINGS PLC at £26.4m based on an EBITDA of £3.8m and a 6.87x industry multiple (adjusted for size and gross margin).
nationwide produce holdings plc Estimated Valuation
Pomanda estimates the enterprise value of NATIONWIDE PRODUCE HOLDINGS PLC at £32.5m based on Net Assets of £12.8m and 2.55x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Nationwide Produce Holdings Plc AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Nationwide Produce Holdings Plc Overview
Nationwide Produce Holdings Plc is a live company located in southport, PR9 0HQ with a Companies House number of 03273696. It operates in the other food services sector, SIC Code 56290. Founded in November 1996, it's largest shareholder is bernard joseph patrick o'malley with a 18.5% stake. Nationwide Produce Holdings Plc is a mature, mega sized company, Pomanda has estimated its turnover at £176.7m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Nationwide Produce Holdings Plc Health Check
Pomanda's financial health check has awarded Nationwide Produce Holdings Plc a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £176.7m, make it larger than the average company (£1.5m)
£176.7m - Nationwide Produce Holdings Plc
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (6.3%)
9% - Nationwide Produce Holdings Plc
6.3% - Industry AVG
Production
with a gross margin of 11%, this company has a higher cost of product (25.4%)
11% - Nationwide Produce Holdings Plc
25.4% - Industry AVG
Profitability
an operating margin of 1.5% make it less profitable than the average company (2.7%)
1.5% - Nationwide Produce Holdings Plc
2.7% - Industry AVG
Employees
with 202 employees, this is above the industry average (17)
202 - Nationwide Produce Holdings Plc
17 - Industry AVG
Pay Structure
on an average salary of £63.7k, the company has a higher pay structure (£23.3k)
£63.7k - Nationwide Produce Holdings Plc
£23.3k - Industry AVG
Efficiency
resulting in sales per employee of £874.5k, this is more efficient (£67.1k)
£874.5k - Nationwide Produce Holdings Plc
£67.1k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is later than average (28 days)
52 days - Nationwide Produce Holdings Plc
28 days - Industry AVG
Creditor Days
its suppliers are paid after 54 days, this is slower than average (33 days)
54 days - Nationwide Produce Holdings Plc
33 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (11 days)
2 days - Nationwide Produce Holdings Plc
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (22 weeks)
4 weeks - Nationwide Produce Holdings Plc
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.8%, this is a similar level of debt than the average (70.8%)
71.8% - Nationwide Produce Holdings Plc
70.8% - Industry AVG
nationwide produce holdings plc Credit Report and Business Information
Nationwide Produce Holdings Plc Competitor Analysis
Perform a competitor analysis for nationwide produce holdings plc by selecting its closest rivals and benchmarking them against 12 key performance metrics.
nationwide produce holdings plc Ownership
NATIONWIDE PRODUCE HOLDINGS PLC group structure
Nationwide Produce Holdings Plc has 1 subsidiary company.
Ultimate parent company
NATIONWIDE PRODUCE HOLDINGS PLC
03273696
1 subsidiary
nationwide produce holdings plc directors
Nationwide Produce Holdings Plc currently has 7 directors. The longest serving directors include Mr Timothy O'Malley (Nov 1996) and Mr John Mann (Nov 1996).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy O'Malley | England | 57 years | Nov 1996 | - | Director |
| Mr John Mann | England | 59 years | Nov 1996 | - | Director |
| Mr Bernard O'Malley | England | 88 years | Nov 1996 | - | Director |
| Mr Anthony O'Malley | England | 60 years | Nov 1996 | - | Director |
| Mr Patrick O'Malley | England | 55 years | Nov 1996 | - | Director |
| Mr Philip Johnson | England | 55 years | Jul 2003 | - | Director |
| Mr David Noton | 47 years | Mar 2008 | - | Director |
NATIONWIDE PRODUCE HOLDINGS PLC financials
Nationwide Produce Holdings Plc's latest turnover from June 2023 is £176.7 million and the company has net assets of £12.8 million. According to their latest financial statements, Nationwide Produce Holdings Plc has 202 employees and maintains cash reserves of £2.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | May 2022 | May 2021 | May 2020 | May 2019 | Jun 2018 | Jun 2017 | Jun 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 176,650,807 | 143,682,953 | 120,587,222 | 138,125,906 | 143,685,075 | 116,589,875 | 114,005,970 | 107,096,166 | 79,478,277 | 84,868,607 | 87,512,090 | 61,638,676 | 74,259,253 | 65,060,076 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 157,306,620 | 127,541,235 | 108,036,200 | 125,689,090 | 130,794,830 | 105,946,891 | 104,971,062 | 98,781,104 | 71,139,925 | 77,202,229 | 80,448,092 | 55,519,802 | 67,645,846 | 58,954,448 |
| Gross Profit | 19,344,187 | 16,141,718 | 12,551,022 | 12,436,816 | 12,890,245 | 10,642,984 | 9,034,908 | 8,315,062 | 8,338,352 | 7,666,378 | 7,063,998 | 6,118,874 | 6,613,407 | 6,105,628 |
| Admin Expenses | 16,753,894 | 14,368,489 | 10,953,652 | 10,724,576 | 10,327,438 | 9,098,032 | 7,813,553 | 7,057,441 | 7,238,769 | 7,058,810 | 6,000,130 | 5,347,577 | 5,728,158 | 5,586,156 |
| Operating Profit | 2,590,293 | 1,773,229 | 1,597,370 | 1,712,240 | 2,562,807 | 1,544,952 | 1,221,355 | 1,257,621 | 1,099,583 | 607,568 | 1,063,868 | 771,297 | 885,249 | 519,472 |
| Interest Payable | 308,812 | 73,559 | 102,567 | 122,584 | 101,515 | 70,111 | 66,453 | 49,709 | 76,800 | 108,544 | 56,539 | 67,505 | 82,590 | 60,249 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 20,734 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 2,281,481 | 1,699,670 | 1,541,664 | 1,678,613 | 2,502,216 | 1,464,138 | 1,063,781 | 1,207,278 | 950,862 | 499,024 | 1,007,329 | 703,792 | 802,659 | 406,564 |
| Tax | -400,000 | -390,000 | -397,662 | -360,552 | -525,632 | -272,313 | -311,624 | -292,433 | -227,655 | -223,431 | -286,114 | -202,000 | -210,488 | -205,515 |
| Profit After Tax | 1,881,481 | 1,309,670 | 1,144,002 | 1,318,061 | 1,976,584 | 1,191,825 | 752,157 | 914,845 | 723,207 | 275,593 | 721,215 | 501,792 | 592,171 | 201,049 |
| Dividends Paid | 200,000 | 250,000 | 0 | 0 | 700,000 | 300,000 | 0 | 750,000 | 300,000 | 0 | 400,000 | 200,000 | 300,000 | 0 |
| Retained Profit | 1,681,481 | 1,059,670 | 1,144,002 | 1,318,061 | 1,276,584 | 891,825 | 752,157 | 164,845 | 423,207 | 275,593 | 321,215 | 301,792 | 273,405 | 201,049 |
| Employee Costs | 12,858,731 | 10,590,891 | 8,600,496 | 8,048,405 | 8,116,669 | 6,214,056 | 5,470,584 | 4,833,173 | 4,793,563 | 4,633,926 | 3,956,249 | 3,526,202 | 3,810,774 | 3,748,702 |
| Number Of Employees | 202 | 165 | 133 | 120 | 100 | 97 | 74 | 82 | 78 | 84 | 66 | 60 | 63 | 64 |
| EBITDA* | 3,845,418 | 3,003,325 | 2,728,501 | 2,651,039 | 3,284,398 | 2,018,142 | 1,613,328 | 1,677,282 | 1,602,860 | 1,137,986 | 1,445,326 | 1,134,117 | 1,190,662 | 689,001 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | May 2022 | May 2021 | May 2020 | May 2019 | Jun 2018 | Jun 2017 | Jun 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 12,858,185 | 8,234,012 | 7,962,574 | 8,351,497 | 4,849,386 | 5,013,751 | 2,765,504 | 2,450,622 | 2,469,166 | 4,592,702 | 2,350,095 | 2,141,460 | 2,369,362 | 2,304,618 |
| Intangible Assets | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 |
| Investments & Other | 347,467 | 347,467 | 347,467 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 672,905 | 672,905 | 672,905 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 60,000 | 60,000 | 0 |
| Total Fixed Assets | 13,245,652 | 8,621,479 | 8,350,041 | 8,391,497 | 4,889,386 | 5,053,751 | 2,805,504 | 2,490,622 | 2,509,166 | 4,632,702 | 3,063,000 | 2,914,365 | 3,142,267 | 2,344,618 |
| Stock & work in progress | 1,039,006 | 141,324 | 153,101 | 194,675 | 168,870 | 151,583 | 214,343 | 133,897 | 100,311 | 322,857 | 422,089 | 257,144 | 215,484 | 217,395 |
| Trade Debtors | 25,251,117 | 18,434,977 | 16,640,686 | 17,023,572 | 20,409,994 | 17,002,953 | 13,790,938 | 16,451,372 | 12,767,442 | 11,422,951 | 13,470,379 | 9,227,127 | 10,817,419 | 10,827,208 |
| Group Debtors | 823,401 | 1,048,401 | 948,401 | 873,401 | 1,023,401 | 1,013,401 | 978,351 | 829,351 | 829,351 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,376,724 | 2,877,461 | 1,703,610 | 2,331,681 | 1,851,870 | 1,945,649 | 2,119,596 | 1,620,924 | 1,420,556 | 980,617 | 1,209,135 | 938,816 | 939,384 | 854,179 |
| Cash | 2,418,798 | 4,710,804 | 3,031,905 | 3,072,096 | 3,717,592 | 1,615,446 | 3,580,385 | 3,517,489 | 2,335,278 | 1,637,678 | 1,881,771 | 1,227,826 | 1,420,902 | 947,627 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 672,905 | 250,509 | 0 | 0 | 0 |
| total current assets | 31,909,046 | 27,212,967 | 22,477,703 | 23,495,425 | 27,171,727 | 21,729,032 | 20,683,613 | 22,553,033 | 17,452,938 | 15,037,008 | 17,233,883 | 11,650,913 | 13,393,189 | 12,846,409 |
| total assets | 45,154,698 | 35,834,446 | 30,827,744 | 31,886,922 | 32,061,113 | 26,782,783 | 23,489,117 | 25,043,655 | 19,962,104 | 19,669,710 | 20,296,883 | 14,565,278 | 16,535,456 | 15,191,027 |
| Bank overdraft | 266,664 | 190,000 | 190,000 | 490,000 | 300,000 | 300,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 250,000 | 332,944 | 385,485 | 52,152 | 49,367 | 61,752 | 0 |
| Trade Creditors | 23,684,799 | 19,571,294 | 16,950,560 | 17,903,434 | 20,146,939 | 17,549,879 | 16,903,651 | 17,842,061 | 13,355,906 | 12,356,232 | 14,844,667 | 9,506,463 | 11,443,427 | 11,321,378 |
| Group/Directors Accounts | 382,886 | 240,563 | 0 | 203,215 | 705,464 | 285,602 | 0 | 626,662 | 152,100 | 0 | 103,938 | 200,000 | 193,509 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 719,072 | 304,755 | 310,529 | 257,292 | 145,179 | 222,037 | 201,636 | 203,495 | 159,251 | 351,100 | 87,606 | 130,792 | 136,962 | 117,893 |
| other current liabilities | 905,104 | 793,939 | 1,120,361 | 729,098 | 2,108,851 | 651,721 | 429,805 | 1,055,574 | 785,444 | 457,936 | 1,041,946 | 718,265 | 875,588 | 530,945 |
| total current liabilities | 25,958,525 | 21,100,551 | 18,571,450 | 19,583,039 | 23,406,433 | 19,009,239 | 17,535,092 | 19,977,792 | 14,785,645 | 13,550,753 | 16,130,309 | 10,604,887 | 12,711,238 | 11,970,216 |
| loans | 3,666,670 | 2,959,433 | 1,827,500 | 3,042,500 | 825,000 | 1,125,000 | 0 | 0 | 250,000 | 892,598 | 365,395 | 418,907 | 455,889 | 261,250 |
| hp & lease commitments | 1,825,538 | 366,978 | 222,532 | 246,785 | 85,481 | 180,929 | 195,018 | 199,802 | 224,109 | 1,055,701 | 32,114 | 93,634 | 222,271 | 86,908 |
| 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 | 183,217 | 71,363 | 57,811 | 0 | 0 | 0 | 0 | 0 |
| provisions | 947,335 | 332,335 | 190,783 | 143,121 | 190,783 | 190,783 | 190,783 | 161,848 | 176,674 | 126,000 | 0 | 0 | 0 | 0 |
| total long term liabilities | 6,439,543 | 3,658,746 | 2,240,815 | 3,432,406 | 1,101,264 | 1,496,712 | 569,018 | 433,013 | 708,594 | 2,074,299 | 397,509 | 512,541 | 678,160 | 348,158 |
| total liabilities | 32,398,068 | 24,759,297 | 20,812,265 | 23,015,445 | 24,507,697 | 20,505,951 | 18,104,110 | 20,410,805 | 15,494,239 | 15,625,052 | 16,527,818 | 11,117,428 | 13,389,398 | 12,318,374 |
| net assets | 12,756,630 | 11,075,149 | 10,015,479 | 8,871,477 | 7,553,416 | 6,276,832 | 5,385,007 | 4,632,850 | 4,467,865 | 4,044,658 | 3,769,065 | 3,447,850 | 3,146,058 | 2,872,653 |
| total shareholders funds | 12,756,630 | 11,075,149 | 10,015,479 | 8,871,477 | 7,553,416 | 6,276,832 | 5,385,007 | 4,632,850 | 4,467,865 | 4,044,658 | 3,769,065 | 3,447,850 | 3,146,058 | 2,872,653 |
| Jun 2023 | May 2022 | May 2021 | May 2020 | May 2019 | Jun 2018 | Jun 2017 | Jun 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 2,590,293 | 1,773,229 | 1,597,370 | 1,712,240 | 2,562,807 | 1,544,952 | 1,221,355 | 1,257,621 | 1,099,583 | 607,568 | 1,063,868 | 771,297 | 885,249 | 519,472 |
| Depreciation | 1,255,125 | 1,230,096 | 1,131,131 | 938,799 | 721,591 | 473,190 | 391,973 | 419,661 | 503,277 | 530,418 | 381,458 | 362,820 | 305,413 | 169,529 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -400,000 | -390,000 | -397,662 | -360,552 | -525,632 | -272,313 | -311,624 | -292,433 | -227,655 | -223,431 | -286,114 | -202,000 | -210,488 | -205,515 |
| Stock | 897,682 | -11,777 | -41,574 | 25,805 | 17,287 | -62,760 | 80,446 | 33,586 | -222,546 | -99,232 | 164,945 | 41,660 | -1,911 | 217,395 |
| Debtors | 6,090,403 | 3,068,142 | -935,957 | -3,056,611 | 3,323,262 | 3,073,118 | -2,012,762 | 3,884,298 | 2,613,781 | -2,275,946 | 4,453,571 | -1,590,860 | 135,416 | 11,681,387 |
| Creditors | 4,113,505 | 2,620,734 | -952,874 | -2,243,505 | 2,597,060 | 646,228 | -938,410 | 4,486,155 | 999,674 | -2,488,435 | 5,338,204 | -1,936,964 | 122,049 | 11,321,378 |
| Accruals and Deferred Income | 111,165 | -326,422 | 391,263 | -1,379,753 | 1,457,130 | 221,916 | -625,769 | 270,130 | 327,508 | -584,010 | 323,681 | -157,323 | 344,643 | 530,945 |
| Deferred Taxes & Provisions | 615,000 | 141,552 | 47,662 | -47,662 | 0 | 0 | 28,935 | -14,826 | 50,674 | 126,000 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,297,003 | 1,992,824 | 2,794,421 | 1,650,373 | 3,472,407 | -396,385 | 1,698,776 | 2,208,424 | 361,826 | 343,288 | 2,202,581 | 387,030 | 1,313,361 | 437,027 |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -737,923 | -2,974,227 | 300,552 | -189,335 | 2,737,364 | -1,059,114 | -843,401 | -135,345 | -669,704 | 70,882 |
| Change in Investments | 0 | 0 | 347,467 | 0 | 0 | 0 | 0 | 0 | 0 | -672,905 | 0 | 0 | 672,905 | 0 |
| cash flow from investments | 0 | 0 | -347,467 | 0 | -737,923 | -2,974,227 | 300,552 | -189,335 | 2,737,364 | -386,209 | -843,401 | -135,345 | -1,342,609 | 70,882 |
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | -250,000 | -82,944 | -52,541 | 333,333 | 2,785 | -12,385 | 61,752 | 0 |
| Group/Directors Accounts | 142,323 | 240,563 | -203,215 | -502,249 | 419,862 | 285,602 | -626,662 | 474,562 | 152,100 | -103,938 | -96,062 | 6,491 | 193,509 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 707,237 | 1,131,933 | -1,215,000 | 2,217,500 | -300,000 | 1,125,000 | 0 | -250,000 | -642,598 | 527,203 | -53,512 | -36,982 | 194,639 | 261,250 |
| Hire Purchase and Lease Commitments | 1,872,877 | 138,672 | 28,984 | 273,417 | -172,306 | 6,312 | -6,643 | 19,937 | -1,023,441 | 1,287,081 | -104,706 | -134,807 | 154,432 | 204,801 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -183,217 | 111,854 | 13,552 | 57,811 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -308,812 | -73,559 | -102,567 | -122,584 | -101,515 | -70,111 | -45,719 | -49,709 | -76,800 | -108,544 | -56,539 | -67,505 | -82,590 | -60,249 |
| cash flow from financing | 2,413,625 | 1,437,609 | -1,491,798 | 1,866,084 | -153,959 | 1,163,586 | -817,170 | 125,538 | -1,585,469 | 1,935,135 | -308,034 | -245,188 | 521,742 | 3,077,406 |
| cash and cash equivalents | ||||||||||||||
| cash | -2,292,006 | 1,678,899 | -40,191 | -645,496 | 2,102,146 | -1,964,939 | 62,896 | 1,182,211 | 697,600 | -244,093 | 653,945 | -193,076 | 473,275 | 947,627 |
| overdraft | 76,664 | 0 | -300,000 | 190,000 | 0 | 300,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,368,670 | 1,678,899 | 259,809 | -835,496 | 2,102,146 | -2,264,939 | 62,896 | 1,182,211 | 697,600 | -244,093 | 653,945 | -193,076 | 473,275 | 947,627 |
P&L
June 2023turnover
176.7m
+23%
operating profit
2.6m
+46%
gross margin
11%
-2.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
12.8m
+0.15%
total assets
45.2m
+0.26%
cash
2.4m
-0.49%
net assets
Total assets minus all liabilities
nationwide produce holdings plc company details
company number
03273696
Type
Public limited with Share Capital
industry
56290 - Other food service activities
incorporation date
November 1996
age
28
accounts
Group
ultimate parent company
previous names
N/A
incorporated
UK
address
the business centre, 164 lord street, southport, merseyside, PR9 0HQ
last accounts submitted
June 2023
nationwide produce holdings plc 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 nationwide produce holdings plc. Currently there are 2 open charges and 0 have been satisfied in the past.
nationwide produce holdings plc Companies House Filings - See Documents
| date | description | view/download |
|---|
