Financial Analysis Report: Green Core, Hilton, Premier Food - ACC 3015

This report provides a comprehensive financial analysis of three companies operating in the food sector: Green core group plc, Hilton food group plc, and Premier food plc. The report begins with an overview of each company's goals and objectives, followed by a detailed evaluation of their financial performance using various financial ratios, including ROE, ROCE, profit margins, and liquidity ratios. The analysis covers data from 2018 to 2020, comparing the companies' performance and highlighting trends. The report identifies Green core group plc as the best-performing company based on its financial metrics and investment potential. Furthermore, the report discusses different sources of finance that can be used for financial assistance. The report also includes non-financial ratios like shareholders' funds and total assets per employee. This report provides an in-depth analysis of the financial health of these companies.

ACC 3015

Contents
INTRODUCTION.......................................................................................................................................3
MAIN BODY..........................................................................................................................................3
Section A.................................................................................................................................................3
Question 1...............................................................................................................................................3
Section B...............................................................................................................................................15
Question 2.............................................................................................................................................15
CONCLUSION.........................................................................................................................................17
REFERENCES..........................................................................................................................................18
REFERENCES..........................................................................................................................................20

INTRODUCTION
The report is based on three distinct companies which are Green core group plc, Hilton food
group plc and Premier food plc. All three companies operates in the aspect of food sectors and
each one of have particular goals & objectives. The report is categorized in to two parts under
which first part contains detailed information about goals and objectives of each company. As
well as financial performance is also evaluated in a comprehensive manner by help of various
kinds of ratios. In the second section of report, information about various kinds of sources of
finance are discussed that can be used for financial assistance.
MAIN BODY
Section A
Question 1
1a. Analysis of goals and objectives of each company:
Green core group plc: A major producer of ready meals is Green core Group plc. They are
pleased to provide some of the UK's most popular supermarket and fast food clients with a vast
selection of chilled, preserved and atmospheric foods.
Strategic objectives- The broad picture priorities for the organization are corporate goals: they
explain what the company would do to attempt to accomplish its purpose (Oncioiu, 2019).
Strategic goals are typically some sort of success goal, such as introducing a new product,
increasing revenue, or increasing the corporation's manufacturer's market share. The above
company has such objectives that are as follows:
In an increasing food market, the company's strategy to boost demand focused on three main
aspects: widening its product proposition and attracting consumers to buy more. The plan of the
company is to further reinforce our relevance to our customers by pushing income through a
shared supply chain, increasing value across their portfolios, along with doing more for clients.
The accomplishment of the organization business aim depends on four key capabilities: food
quality, core people, Greencore honesty and sustainable business. The execution of this plan

involves a broad and knowledgeable organization called Green core, underpinned by a shared
dedication to doing business.
Hilton food group plc- For a longer span of time, industry has become a competitive enterprise
with powerful values. The professional image for success is what draws its clients. And their
faith in lengthier alliances has powered their rise in multinationals. The company's concern is to
establish that the company's corporate partners exceed their rivals. The company's goal as a
corporation is Absolute Coordination. Business's devotion, engagement and desire to do
whatever it can to make its workers succeed. One job, one intent, one shared aim. Organizational
personnel are in the core of all the company does. Corporate national heritage was always
distinct and important. The company's principles describe the ways wherein they think of
themselves as an entity and how they behave as individuals. Business staff, based on common
principles and established strategies, act as partners-supporting allies. These behaviors are at the
heart of our society and
Premier food plc- The company purpose guarantees them the great food that the business clients
enjoy, food that is nutritious, easy to cook and available in different forms, what they're about to
do anyway. That is why clients see their brands in nearly 94% of the total part of the British
households. The firm promotes famous brands and great products, and its purpose is to show
how the food agency is at the heart of how a collaborator does it successfully. The organization
is focused on building a genuinely stunning operational site (Sun, Kent and Wang, 2019). The
organization's mutual principles provide workers with a collective choice process and serve to
motivate them in the manner in which they do jobs, as well as force one another to incorporate
them into everyday operations. In the last three years, substantial development was already made
throughout the adoption of the company's principles and priorities across the company, growing
development in collaboration and communication with workers, and improving traii from across
company.
1 b
Performance analysis of three companies:

Green core group plc-
GREENCORE GROUP
PLC 3/28/2020 3/30/2019 3/31/2018
ROE using Net income
(%) 34.66 4.55 1.72
ROCE using Net income
(%) 19.12 4.8 2.58
Profit margin (%) 7.48 0.75 0.53
Gross margin (%) 33.84 30.23 31.12
EBIT margin (%) 6.73 2.04 1.84
Collection period (days) 26 34 30
Credit period (days) 54 50 47
Current ratio (x) 0.69 2.01 0.75
Gearing (%) 156.67 90.47 119.39
Net assets turnover (x) 2.06 1.81 1.49
Non-financial ratios 3/28/2020 3/30/2019 3/31/2018
Shareholders’ funds per
employee 26 64 58
Total assets per
employee 100 173 167
HILTON FOOD GROUP
PLC 3/28/2020 3/30/2019 3/31/2018
ROE using Net income (%) 17.23 17.95 15.2
ROCE using Net income
(%) 9.02 11.98 12.43
Profit margin (%) 2.38 2.63 2.52
Gross margin (%) 16.17 12.69 11.93
EBIT margin (%) 3.08 2.8 2.58

Collection period (days) 37 31 30
Credit period (days) 54 50 47
Current ratio (x) 1.05 1.23 1.2
Gearing (%) 175.87 66.57 36.16
Net assets turnover (x) 3.58 5.56 6.53
Non-financial ratios 3/28/2020 3/30/2019 3/31/2018
Shareholders’ funds per
employee ( 38 38 44
Total assets per
employee 181 121 116
PREMIER FOODS
PLC 3/28/2020 3/30/2019 3/31/2018
ROE using Net
income (%) 2.77 -3.51 0.76
ROCE using Net
income (%) 3.37 1.16 2.94
Profit margin (%) 6.33 -5.18 2.55
Gross margin (%) 40.94 44.12 40.42
EBIT margin (%) 11.25 0.55 8.48
Collection period
(days) 27 29 24
Credit period (days) 65 65 59
Current ratio (x) 0.98 0.78 0.78
Gearing (%) 64.91 105.83 106.9
Net assets turnover
(x) 0.32 0.42 0.42
Non-financial ratios 3/28/2020 3/30/2019 3/31/2018

Shareholders’ funds
per employee 404 230 234
Total assets per
employee 729 533 540
Interpretation:
ROE using Net income (%)-
1/1/2018 1/1/2019 1/1/2020
-10
-5
0
5
10
15
20
25
30
35
40
GREENCORE GROUP PLC
HILTON FOOD GROUP PLC
PREMIER FOODS PLC
Analyze- On the basis of above chart this can be stated that return on earnings of Green Core
Company has increased in year 2019 and 2020. This shows that there is significant growth in
efficiency of generating return for above company (Abernethy and Wallis, 2019). On the other
side, Hilton Company’s performance is constant in year 2019 and 2020 which shows that they
are able to produce higher return on equity. In the context of Premier food plc, it can be analyzed
that their performance is too weak compared to all other companies.
ROCE (%)

1/1/2018 1/1/2019 1/1/2020
0
5
10
15
20
25
2.58
4.8
19.12
12.43 11.98
9.02
2.94
1.16
3.37
GREENCORE GROUP PLC
HILTON FOOD GROUP PLC
PREMIER FOODS PLC
Analysis- On the basis of above chart this can be stated that there is Green core group plc, who
has higher return on capital employed compared to other companies that is of 19.12%. Apart
from this, Hilton food plc this can be stated that there ratio has been dropped in year 2020 by
2.96%. Similar to above ratio, Premier food plc’s performance is poor compared to both
companies and this is because of higher capital expenses.
Net profit margin:

1/1/2018 1/1/2019 1/1/2020
-6
-4
-2
0
2
4
6
8
10
0.53 0.75
7.48
2.52 2.63 2.382.55
-5.18
6.33
GREENCORE GROUP PLC
HILTON FOOD GROUP PLC
PREMIER FOODS PLC
Analyze: In terms of Green core plc, it can be assessed that their performance has been boosted
in year 2020 by huge margin as compared to year 2019. In addition to this, Premier food plc
faced negative net margin of -5.18% due to higher amount of expenses. As well as Hilton food
group plc’s performance s constant in all three years that is a good sign.
Gross margin-
1/1/2018 1/1/2019 1/1/2020
0
5
10
15
20
25
30
35
40
45
50
31.12 30.23
33.84
11.93 12.69
16.17
40.42
44.12
40.94
GREENCORE GROUP PLC
HILTON FOOD GROUP PLC
PREMIER FOODS PLC

Analyze: Green core group plc and Premier food plc both have same gross margin in all three
years. And in comparative manner Premier food plc is better from other companies. On the other
side, Hilton food group plc’s performance is poor compared to both. This is so because of higher
cost of sales and lower revenues.
EBIT-
1/1/2018 1/1/2019 1/1/2020
0
2
4
6
8
10
12
1.84 2.04
6.73
2.58 2.8 3.08
8.48
0.55
11.25
GREENCORE GROUP PLC
HILTON FOOD GROUP PLC
PREMIER FOODS PLC
Analyze: Hilton food group plc is able to manage their earnings before interest and tax constant
in each year that shows their efficiency. On the other hands, Green core group plc and Premier
food plc faced negative growth in year 2019 and in year 2020 their performance has been
increased in an effective manner.
Collection period:

1/1/2018 1/1/2019 1/1/2020
0
5
10
15
20
25
30
35
40
30
34
26
30 31
37
24
29 27
GREENCORE GROUP PLC
HILTON FOOD GROUP PLC
PREMIER FOODS PLC
Analyze- In the context of collection period, it can be stated that Premier food plc is able to
recover their debt in less time period as compared to both companies (Lukason and Camacho-
Miñano, 2019). On the other side, Hilton food group is taking too much time to recover their
debt. As well as Green core plc managed to reduce time for collecting their debt in less time in
year 2020 as compared to year 2019.
Credit period:
1/1/2018 1/1/2019 1/1/2020
0
10
20
30
40
50
60
70
47 50
54
59
65 65
GREENCORE GROUP PLC
HILTON FOOD GROUP PLC
PREMIER FOODS PLC

Analyze- Green core food plc and Hilton food plc, both have similar credit period which both of
them are paying their debts in same time. While Hilton food group plc is taking more amount of
time to pay their debts.
Current ratio:
1/1/2018 1/1/2019 1/1/2020
0
0.5
1
1.5
2
2.5
0.75
2.01
0.69
1.2 1.23
1.05
0.78 0.78
0.98
GREENCORE GROUP PLC
HILTON FOOD GROUP PLC
PREMIER FOODS PLC
Analyze: The ideal current ratio is 2:1 and from above chart, we can find out that only Green
core group plc is able to manage this ratio in year 2019. While rest of companies are not able to
do so due to higher current liabilities.
Net assets turnover ratio