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2 SISTERS FOOD GROUP LIMITED
TRINITY PARK HOUSE TRINITY BUSINESS PARK, FOX WAY, WAKEFIELD, WEST YORKSHIRE, WF2 8EECompany Number: 02826929
Incorporation date: 15-Jun-1993
Status: Active
Entity type: Private Limited Company
SIC codes:
10120 Processing and preserving of poultry meat
SUMMARY
This company is 31.3 years old and is currently active. It is controlled by Boparan Holdings Limited. The company has negative equity (net assets) of GBP -188.2 million which has worsened since the previous year's figure of GBP 0. The latest reported revenue figure is GBP 1.2 billion which is up 108790% on previous year's figure of GBP 1.1 million. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -188.2 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 4 active officers (directors or partners) who are or were officers of 126 other companies, 34 (27.0%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are 14 court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Apr-2025Accounts Filed: FULL (29-Jul-2023)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
27-Jul-2019 | GBP | 1,199,633,000 | -59,219,000 | -69,333,000 | |||
28-Jul-2018 | GBP | 1,101,681 | -73,170 | -78,240 | |||
29-Jul-2017 | GBP | ||||||
30-Jul-2016 | GBP | ||||||
01-Aug-2015 | GBP | ||||||
02-Aug-2014 | GBP | ||||||
27-Jul-2013 | GBP | 855,094,000 | -13,259,000 | 994,000 | 3,254,000 | 2,901,000 | -13,054,000 |
28-Jul-2012 | GBP | 778,006,000 | -1,301,000 | 198,000 | 731,000 | -2,658,000 | -4,492,000 |
30-Jul-2011 | GBP | 691,659,000 | 22,299,000 | 233,000 | 1,969,000 | 2,473,000 | 21,744,000 |
31-Jul-2010 | GBP | 672,514,000 | 31,613,000 | 1,309,000 | 1,760,000 | 8,102,000 | 23,060,000 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
27-Jul-2019 | GBP | 30,931,000 | 688,627,000 | 1,009,382,000 | 6,629,000 | 5,000 | 5,000 | -188,241,000 | -188,231,000 |
28-Jul-2018 | GBP | ||||||||
29-Jul-2017 | GBP | 1,382,000 | 607,022,000 | 794,248,000 | 15,216,000 | 5,000 | 5,000 | -39,704,000 | -39,694,000 |
30-Jul-2016 | GBP | 843,000 | 561,620,000 | 694,978,000 | 2,846,000 | 5,000 | 5,000 | -7,928,000 | |
01-Aug-2015 | GBP | 2,288,000 | 59,567,300 | 69,267,400 | 491,100 | 5,000 | 5,000 | 87,600 | 88,600 |
02-Aug-2014 | GBP | 3,412,900 | 38,456,600 | 45,267,200 | 5,000 | 5,000 | 3,078,600 | 3,079,600 | |
27-Jul-2013 | GBP | 28,905,000 | 119,878,000 | 186,654,000 | 3,446,000 | 5,000 | 5,000 | 51,136,000 | 51,146,000 |
28-Jul-2012 | GBP | 13,545,000 | 107,479,000 | 145,897,000 | 5,000 | 5,000 | 64,391,000 | 64,401,000 | |
30-Jul-2011 | GBP | 5,838,000 | 117,741,000 | 5,000 | 5,000 | 68,713,000 | 68,723,000 | ||
31-Jul-2010 | GBP | 36,948,000 | 134,010,000 | 19,000 | 5,000 | 20,000 | 21,000 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|---|---|---|---|---|---|
28-Jul-2018 | GBP | inf% | -10,000 | 10,000 | 0 | 6,922,000 |
30-Jul-2011 | GBP | -280.00% | -14,000 | 19,000 | 5,000 | -21,381,000 |
** Estimated based on average Cash and Debt levels during period
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Resigned | Jon Stanley SILK | 28 Sep 2009 | 25 May 2011 | Director | British | 2 - 81 |
Resigned | Christopher John MCMELLON | 01 Dec 2008 | 28 Sep 2009 | Company Secretary | British | 1 - 67 |
Resigned | Stephen Leslie DUFFIELD | 01 Dec 2007 | 01 Dec 2008 | British | 2 - 92 | |
Resigned | Martin James GLANFIELD | 31 Jan 2006 | 01 Dec 2007 | Chartered Accountant | British | 21 - 84 |
Resigned | Jon Stanley SILK | 16 Dec 2003 | 31 Jan 2006 | Chartered Accountant | British | 2 - 81 |
Resigned | Ranjit Singh BOPARAN | 01 Nov 2002 | 16 Dec 2003 | Director | British | 10 - 26 |
Resigned | Barry NOBLE | 25 Apr 1999 | 01 Nov 2002 | Accountant | British | 1 - 24 |
Resigned | Kajal NANNY | 30 Jun 1993 | 31 Jul 1999 | British | 0 - 1 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Nigel Barry WILLIAMS | 26 Jul 2024 | Company Director | British | 31 - 0 | 0 (0.0%) | |
Active | Richard John PENNYCOOK | 22 May 2023 | Director | British | 7 - 67 | 29 (39.2%) | |
Resigned | Andrew Ronald MCINNES | 01 Nov 2018 | 16 Oct 2019 | Managing Director | British | 0 - 7 | 0 (0.0%) |
Resigned | Ronald Klaas Otto, Mr. KERS | 30 Jun 2018 | 26 May 2023 | Group Ceo | Dutch | 5 - 84 | 19 (21.3%) |
Resigned | Craig Ashley TOMKINSON | 30 Jun 2018 | 26 Jul 2024 | Group Cfo | British | 8 - 70 | 19 (24.4%) |
Resigned | Keith Richard PACKER | 04 Apr 2018 | 01 Nov 2018 | Managing Director | British | 0 - 1 | 0 (0.0%) |
Resigned | Richard Neil PIKE | 22 Aug 2017 | 30 Jun 2018 | Group Cfo | British | 3 - 171 | 23 (13.2%) |
Resigned | Antonio Singh BOPARAN | 25 Jul 2017 | 04 Apr 2018 | Managing Director | British | 4 - 4 | 0 (0.0%) |
Resigned | Martyn Paul FLETCHER | 17 Jul 2017 | 31 Jul 2018 | Coo | British | 0 - 71 | 18 (25.4%) |
Resigned | Gareth Wyn DAVIES | 24 Aug 2015 | 31 Aug 2017 | Accountant | British | 0 - 235 | 59 (25.1%) |
Resigned | David Steven MORGAN | 23 Mar 2015 | 24 Aug 2015 | Solicitor | British | 0 - 51 | 13 (25.5%) |
Resigned | Stephen Paul LEADBEATER | 20 Jun 2014 | 17 Jul 2017 | Group Cfo | British | 1 - 132 | 50 (37.6%) |
Resigned | Stephen HENDERSON | 01 Jun 2011 | 01 Aug 2014 | Financial Controller | British | 3 - 100 | 21 (20.4%) |
Resigned | Jon Stanley SILK | 01 Jul 2008 | 25 May 2011 | Chartered Accountant | British | 0 - 1 | 0 (0.0%) |
Resigned | Martin James GLANFIELD | 08 Nov 2005 | 30 Jun 2008 | Chartered Accountant | British | 21 - 84 | 33 (31.4%) |
Resigned | Jon Stanley SILK | 16 Dec 2003 | 31 Jan 2006 | Chartered Accountant | British | 2 - 81 | 20 (24.1%) |
Resigned | Barry NOBLE | 25 Apr 1999 | 01 Nov 2002 | Accountant | British | 1 - 24 | 14 (56.0%) |
Active | Ranjit Singh BOPARAN | 04 Sep 1998 | Director | British | 14 - 27 | 6 (14.6%) | |
Active | Baljinder KAUR BOPARAN | 30 Jun 1993 | Manager | British | 1 - 2 | 0 (0.0%) | |
Resigned | Surinder Kaur BOPARAN | 30 Jun 1993 | 04 Sep 1998 | Director | Indian | 0 - 4 | 2 (50.0%) |
Resigned | SWIFT INCORPORATIONS LIMITED | 15 Jun 1993 | 30 Jun 1993 | 5 - 90036 | 39228 (43.6%) | ||
Resigned | INSTANT COMPANIES LIMITED | 15 Jun 1993 | 30 Jun 1993 | 7 - 31531 | 14627 (46.4%) |
Average tenure of active directors: 14.7 years
Average tenure of resigned directors: 2.2 years
Average active director Dissolution Rate: 13.5%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2016-06-15 | 2015-06-15 | 2014-06-15 | 2013-06-15 | 2012-06-15 | ||
BOPARAN HOLDINGS LIMITED | ORDINARY | 5,000 100% | 5,000 100% | 5,000 100% | 5,000 100% | 5,000 100% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
2 SISTERS FOOD GROUP LIMITED
Controlled companies below
LATE PAYMENTS REPORT
Start date | End date | Average days to pay | % invoices paid over 60 days | % invoices not paid within agreed terms | Gov.uk report |
---|---|---|---|---|---|
2024-02-01 | 2024-07-31 | 50 | 42% | 73% | 89343 |
2023-08-01 | 2024-01-31 | 50 | 41% | 73% | 82192 |
2023-02-01 | 2023-07-31 | 47 | 39% | 73% | 75843 |
2022-08-01 | 2023-01-31 | 44 | 34% | 75% | 69297 |
2022-08-01 | 2023-01-31 | 45 | 35% | 75% | 75836 |
2022-02-01 | 2022-07-31 | 42 | 32% | 77% | 63020 |
2021-08-01 | 2022-01-31 | 44 | 32% | 76% | 56369 |
2021-02-01 | 2021-07-31 | 42 | 30% | 75% | 49700 |
2020-08-01 | 2021-01-31 | 42 | 30% | 73% | 42938 |
2020-02-01 | 2020-07-31 | 44 | 33% | 73% | 36413 |
2019-08-01 | 2020-01-31 | 46 | 34% | 72% | 29253 |
2019-02-01 | 2019-07-31 | 47 | 38% | 71% | 21292 |
2018-08-01 | 2019-01-31 | 54 | 47% | 80% | 13515 |
2018-02-01 | 2018-07-31 | 61 | 53% | 71% | 6601 |
2017-08-01 | 2018-01-31 | 57 | 51% | 69% | 738 |
COURT CASES
Date | Title | Reference | Subject |
---|---|---|---|
2018-10-04 | Mr A Jones v 2 Sisters Food Group Ltd | [2018] UKET 1600750/2018 | Unfair Dismissal |
2018-08-06 | Mrs G Vettraino v 2 Sisters Food Group Ltd | [2018] UKET 3303737/2018 | Breach of Contract |
2018-07-24 | Mr Z Simonaitis v 2 Sisters Food Group Ltd | [2018] UKET 3400237/2014 | Equal Pay Act |
2018-06-26 | Mr M Goulty v 2 Sisters Food Group Ltd | [2018] UKET 2602189/2017 | Unfair Dismissal |
2018-03-20 | Ms R Ziliniskaite v 2 Sisters Food Group Ltd | [2018] UKET 3400248/2014 | Equal Pay Act |
2018-03-20 | Ms I Koldina v 2 Sisters Food Group Ltd | [2018] UKET 3400220/2014 | Equal Pay Act |
2018-03-20 | Ms M Ziliene v 2 Sisters Food Group Ltd | [2018] UKET 3400247/2014 | Equal Pay Act |
2018-03-20 | Mr K Massih v 2 Sisters Food Group Ltd | [2018] UKET 3400429/2014 | Equal Pay Act |
2018-03-20 | Mr J Pioro v 2 Sisters Food Group Ltd | [2018] UKET 3400232/2014 | Equal Pay Act |
2018-01-15 | Augustė Jurkonytė v 2 Sisters Food Group Ltd | [2018] UKET 3400215/2014 | Equal Pay Act |
2017-07-21 | Ms S Abraityte and others v 2 Sisters Food Group Ltd | [2017] UKET 3400194/2014 | Equal Pay Act |
2017-06-06 | Mr C Dobersztajin v 2 sisters Food Group Ltd: | [2017] UKET 1302248/2016 | Disability Discrimination : Race Discrimination |
2017-03-16 | Mrs A Neen v 2 Sisters Food Group Ltd | [2017] UKET 2402458/2016 | Disability Discrimination : Unfair Dismissal |
2015-11-13 | 2 Sisters Food Group Ltd v Abraityte & Ors | [2015] UKEAT 0209_15_1311 | Practice and Procedure: Amendment |
PATENTS
COMPETITORS
(Based on Sic code:
10120 Processing and preserving of poultry meat)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
MOY PARK LIMITED | THE FOOD PARK, 39 SEAGOE INDUSTRIAL ESTATE, CRAIGAVON, BT63 5QE | NI004842 | 2017-12-31 | 1,506,485,000 | 59,273,000 | |
2 SISTERS FOOD GROUP LIMITED | TRINITY PARK HOUSE TRINITY BUSINESS PARK, FOX WAY, WAKEFIELD, WEST YORKSHIRE, WF2 8EE | 02826929 | 2017-07-29 | 1,050,805,000 | -31,776,000 | |
FACCENDA FOODS LIMITED | WILLOW ROAD, BRACKLEY, NORTHANTS, NN13 7EX | 01611077 | 2018-06-02 | 594,396,898 | 20,259,022 | |
2 SISTERS POULTRY LIMITED | GEORGE STREET, COUPAR ANGUS, BLAIRGOWRIE, PERTHSHIRE, PH13 9LU | SC440782 | 2017-07-29 | 528,477,000 | -5,759,000 | |
FREEMANS OF NEWENT LIMITED | GRANDSTAND, ROAD, HEREFORD, ENGLAND, HR4 9PB | 00745426 | 2018-05-31 | 155,844,565 | 2,990,430 | |
SALISBURY POULTRY (MIDLANDS) LIMITED | SALISBURY COURT, HARE STREET, BILSTON, WEST MIDLANDS, WV14 7DX | 03073979 | 2017-12-31 | 113,048,896 | 3,071,263 | |
PMJ FOODS UK LTD. | NORMAN COLLETT HOUSE TRANSFESA ROAD, PADDOCK WOOD, TONBRIDGE, KENT, ENGLAND, TN12 6UT | 07402732 | 2017-12-31 | 44,723,208 | 0 | |
ALWINS AUTHENTIC JERK PRODUCTS LIMITED | UNIT 17, BROOKSIDE INDUSTRIAL ESTATE, WEDNESBURY, WEST MIDLANDS, WS10 0QZ | 07402465 | 2018-12-31 | 11,764 | 0 | |
CCL HOLDINGS LIMITED | CRANE COURT HESSLEWOOD COUNTRY OFFICE PARK, FERRIBY ROAD, HESSLE, ENGLAND, HU13 0PA | 02800280 | 0000-00-00 | 0 | 0 |
10910-Manufacture of prepared feeds for farm animals |
MOY PARK (NEWCO) LTD | THE FOOD PARK, 39 SEAGOE INDUSTRIAL ESTATE, CRAIGAVON, CO. ARMAGH, BT63 5QE | NI624578 | 0000-00-00 | 0 | 0 |
10130-Production of meat and poultry meat products |
LIQUIDATION RISK (BETA)
This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis | Liquidation within 3 months | Liquidation within 6 months | Liquidation within 12 months | Prediction confidence |
---|---|---|---|---|
2 SISTERS FOOD GROUP LIMITED | 0.7% | 4.2% | 7.1% | Medium |
Other companies Active in the same sector | Too few competitors | |||
Age | 0.3% | 1.3% | 2.4% | Medium |
Company Type | 0.7% | 3.7% | 7.4% | Medium |
Accounts category | 0.7% | 2.2% | 3.8% | Medium |
Accounting Month | 0.6% | 7.2% | 9.6% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |