AVARA FOODS LIMITED

1 WILLOW ROAD, BRACKLEY, NORTHAMPTONSHIRE, NN13 7EX

Previous name: VIKING FOODS (INTERMEDIATE HOLDCO) LIMITED (changed on 29-Jan-2018)

Company Number: 10973868
Incorporation date: 20-Sep-2017
Status: Active
Entity type: Private Limited Company

SIC codes:
10120 Processing and preserving of poultry meat





SUMMARY

This company is 6.5 years old and is currently active. It is controlled by Avara Foods Holdings Limited. The company has positive equity (net assets) of GBP 261 million which has decreased from the previous year's figure of GBP 261.3 million. The latest reported revenue figure is GBP 1.2 billion which is up 10% on previous year's figure of GBP 1.1 billion. Retained earnings is negative (GBP -1.6 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 6 active officers (directors or partners) who are or were officers of 20 other companies, 7 (35.0%) 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 no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 28-Feb-2025
Accounts Filed: GROUP (31-May-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-May-2020 GBP 1,206,987,155 16,060,114 68,542 365,817 -4,491,251 -365,883
31-May-2019 GBP 1,142,757,219 14,150,725 76,081 209,625 -2,905,540 -611,660
31-May-2018 GBP 476,413,476 13,556,937 41,613 103,072 2,741,970 16,237,448


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-May-2020 GBP 10,125,252 10,442,249 39,823 12,000,000 1 262,555,516 -1,597,574 260,957,943
31-May-2019 GBP 11,692,364 12,009,362 1,241,053 12,000,000 1 262,555,516 -1,231,691 261,323,826
31-May-2018 GBP 1,044,533 1 263,176,890 -620,031 262,556,860

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
No information on secretary appointments

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active David HIDSON 01 Jun 2023 Interim Finance Director British 6 - 1612 (54.5%)
Active David HIDSON 19 Apr 2023 Interim Finance Director British 6 - 1612 (54.5%)
Active David Angus NEILSON 21 Oct 2021 Agriculture Director British 5 - 00 (0.0%)
Active Philip Edmund PROUD 27 Jan 2018 Technical Director British 5 - 11 (16.7%)
Resigned David KEEBLE 27 Jan 2018 18 Oct 2021 Transformation Director British 0 - 61 (16.7%)
Active Christopher James HALL 27 Jan 2018 Chief Operating Officer British 5 - 21 (14.3%)
Resigned Deborah Jane FOSTER 27 Jan 2018 31 May 2023 Finance & Is Director British 0 - 61 (16.7%)
Resigned Philip Murray Alexander DAVIDSON 27 Jan 2018 19 Apr 2023 Operations Director British 1 - 72 (25.0%)
Active Andrew James BRODIE 27 Jan 2018 People & Communications Director British 7 - 21 (11.1%)
Resigned John William REED 27 Jan 2018 31 May 2023 Director British 2 - 82 (20.0%)
Active Andrew DAWKINS 20 Sep 2017 Chief Executive Officer British 5 - 31 (12.5%)
Resigned Ian James FACCENDA 20 Sep 2017 27 Jan 2018 Company Director British 16 - 2010 (27.8%)
Number of active directors: 7
Average tenure of active directors: 4.2 years
Average tenure of resigned directors: 4.0 years
Average active director Dissolution Rate: 23.4%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
WEBB IVORY (BURTON) LIMITED (00715338) - Dissolved
FREEMANS OF NEWENT LIMITED (00745426) - Active
FACCENDA FOODS LIMITED (01611077) - Active
SCALA COLLECTIONS LIMITED (01794834) - Dissolved
THE FOOD AND DRINK TRAINING AND EDUCATION COUNCIL LIMITED (02852984) - Active
DARTMOUTH FOODS LTD (03935293) - Active
04161760 LIMITED (04161760) - Active
WEBB TMD LIMITED (04189903) - Dissolved
CRANBERRY FOODS LIMITED (04813802) - Active
SMALLWOOD MANOR PREPARATORY SCHOOL LIMITED (05035260) - Active
SMALLWOOD MANOR SCHOOL ENTERPRISES LIMITED (05181896) - Active
SCALA ACQUISITIONS LIMITED (05977816) - Dissolved
SCALA HOLDINGS LIMITED (05978728) - Dissolved
CHOICES UK GROUP LIMITED (06286783) - Dissolved
UNITED IN THE COMMUNITY (06772188) - Active
MULBERRY HOUSE ACCOUNTING LTD (07396993) - Dissolved
FACCENDA FOODS (LINCS) LIMITED (08583135) - Active
DARTMOUTH HOLDINGS LIMITED (10158809) - Active
THE GRAND UNION PARTNERSHIP (10768218) - Active
AVARA FOODS LIMITED (10973868) - Active
VIKING FOODS (INTERMEDIATE HOLDCO) LIMITED (11149536) - Dissolved

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2020-09-192019-09-192018-09-19
AVARA FOODS HOLDINGS LIMITEDORDINARY2
100%
2
100%
2
100%

SHAREHOLDINGS (BETA)

Company name Share class Shares at confimation date
2021-02-042020-08-112020-02-042019-08-112019-02-04
AVARA FOODS LIMITEDORDINARY1,000,000
100%
64,250,001
100%
1,000,000
100%
64,250,001
100%
1,000,000
100%

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

AVARA FOODS 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
2023-03-01 2023-08-31 33 3% 8% 76599
2022-09-01 2023-02-28 33 5% 12% 69774
2022-03-01 2022-08-31 48 20% 19% 65054


COURT CASES


No Court Cases found

PATENTS


No Patents found

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
AVARA FOODS LIMITED 0.7% 3.7% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.6% 2.5% 4.9% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.6% 1.5% 2.5% Medium
Accounting Month 0.6% 6.1% 8.0% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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