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Sage (uk) ltd
Registration Number
01045967Incorporation Date
14/03/1972Last Annual Return
Not availableAddress
C23 - 5 & 6 Cobalt Park Way, Cobalt Park, Wallsend, Tyne And Wear. NE28 9EJ
Website
www.sage-snowdropkcs.co.ukAudit Fees
£787,000Secretary
Ms Mohor Roy
Directors
Active
Mr Pieter Bensch (58 yrs)
Active
Mr Alexander Hall (33 yrs)
Active
Mr Christopher Ewen (38 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 30-Sep-21 | 30-Sep-22 | 30-Sep-23 | 30-Sep-24 | 29-Sep-25 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (£000) | 346351 | 351577 | 365942 | 413820 | 478791 |
| Directors Fees | 843 | 1253 | 1170 | 1222 | 1466 |
| Gross Profits | 336404 | 341505 | 351431 | 396590 | 458855 |
| Value Added | 230181 | 215170 | 206552 | 247794 | 316313 |
| Trading Profit | 117445 | 96729 | 74648 | 113525 | 175120 |
| Depreciation | 14471 | 9687 | 9217 | 5602 | |
| Non-Trading Income | 1270 | 3165 | 27596 | 12255 | 0 |
| Total Interest Charges | 1723 | 1693 | 1785 | 2120 | 2544 |
| Pre-tax Profit | 102521 | 88514 | 91242 | 118058 | 165854 |
| Retained Profit (Shareholders Funds) | -340755 | 14693 | -6943 | 16003 | 70835 |
| Fixed Assets | 64577 | 56409 | 47305 | 28024 | 33629 |
| Intangibles | 96100 | 96041 | 95479 | 110412 | 132494 |
| Intermediate Assets | 68703 | 68301 | 17042 | 3588 | 4306 |
| Stocks | 0 | 0 | 0 | 0 | 0 |
| Debtors | 45324 | 47465 | 53085 | 56449 | 65312 |
| Cash or Equivalent | 144912 | 138962 | 192604 | 233941 | 266848 |
| Total Current Assets | 190236 | 186427 | 245689 | 290390 | 332160 |
| Creditors | 7745 | 5818 | 7193 | 8390 | 11163 |
| Short Term Borrowing | 30551 | 13036 | 6486 | 11917 | 0 |
| Other Current Liabilities | 110240 | 105790 | 116756 | 125960 | 151152 |
| Total Current Liabilities | 148536 | 124644 | 130435 | 146267 | 162315 |
| Net Current Assets | 41700 | 61783 | 115254 | 144123 | 169845 |
| Shareholders Funds | 234915 | 249608 | 242665 | 258668 | 329503 |
| Total Loan Capital | 24462 | 22587 | 22484 | 18503 | 0 |
| Other Capital Employed | 11703 | 10339 | 9931 | 8976 | 10771 |
| Total Capital Employed | 271080 | 282534 | 275080 | 286147 | 340274 |
| Pretax Profit Margin % | 29.6 | 25.18 | 24.93 | 28.53 | 34.64 |
| Sales Growth % | 1 | 2 | 4 | 13 | 16 |
| Pretax Profit Growth % | -1 | -14 | 3 | 29 | 40.00 |
| Debtor Ratio Days | 48 | 49 | 53 | 50 | 49.6530762167126 |
| Creditor Ratio Days | 8 | 6 | 7 | 7 | 8.4869121840414 |
| Stock Turnover | NA | NA | NA | NA | NA |
| Sales £000 / Employee | 183 | 196 | 195 | 232 | 255.158071748879 |
| Value Added £000/Empl. | 122 | 120 | 110 | 139 | 168.610341151386 |
| Av. Remun. £000 / Empl. | 60 | 66 | 70 | 75 | 75.2628923766816 |
| Total Empl. Remu. £000 | 112736 | 118441 | 131904 | 134269 | 141193.186098655 |
| Employees | 1889 | 1790 | 1877 | 1784 | 1876 |
| Pretax Profit/Total Assets % | 24 | 22 | 23 | 27 | 33 |
Company Summary
- The Plimsoll Chart is high and rising indicating an improvement in financial strength, well above the industry average.
- Total Sales have increased by 13.1% in the latest year, well above the industry average of 7.9%.
- The company lies an excellent 2nd in terms of Total Sales in this industry.
- The company lies an excellent 1st in terms of Pretax Profits in this industry.
- Gross Profit Margin is 95.8% in the latest year, well above the industry average of 72.6%.
- Sales per Employee is £232,000 which is well above the industry average of £172,000.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- The company has consistently improved sales growth over the last 4 years. The only company to do so.
- Pretax Profit Margin is 28.5% in the latest year, well above the industry average of 8.2%.
- Shareholders received £84.0m in dividends this year, over 71% of the pretax profits of the company.
- The Profitability chart shows a well above average pretax profit return on total assets in the latest year.
- The company is among the Top 17 in terms of Trading Profits.
- The company is among the Top 60 companies listed under the Gross Profits category (see section 3.1c).
- The company is among the Top 22 Leaders in Efficiency.
Company Summary
The company currently has £414m sales and made £118m, by following the proposal plan, sales would rise to £479m and profits would rise to £166m.
Key Attractiveness Features
- ADD £414m TO SALES
- ATTRACTIVE PRICE
- FEW DIRECTORS
- HIGH DIVIDEND
Acquisition Attractiveness Rating
- Low number of shareholders
- Company is privately owned
- Low number of directors
- Sales growth above the industry average
- Low financial rating
- High gross earnings
- Big difference between current and future value
- Directors fees represent high proportion of profits
- Average age of directors is high
Company Valuation
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 30-Sep-21 | 30-Sep-22 | 30-Sep-23 | 30-Sep-24 | 29-Sep-25 |
| Total Sales (£000) | 346351 | 351577 | 365942 | 413820 | 478791 |
| Pre-tax Profit (£000) | 102521 | 88514 | 91242 | 118058 | 165854 |
| Total Value (£000) | 793789 | 709691 | 545916 | 744198 | 1085061 |
| Asset Value (£000) | 274704 | 268216 | 212911 | 198473 | 235741 |
| Goodwill (£000) | 519085 | 441475 | 333005 | 545725 | 849320 |
| Liabilities (£000) | -39789 | -18608 | 29754 | 60195 | 93762 |
| Equity Value (£000) | 754000 | 691083 | 575670 | 804393 | 1178823 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
SAGE HOLDING COMPANY LTD (64.3%)
SAGE SOFTWARE HOLDINGS INC
Immediate Shareholder: See Shareholders
Subsidiaries
A KA O INFORMATIQUE
INTELLIGENTAPPS HOLDINGS LTD
SNOWDROP SYSTEMS LTD
SNOWDROP SYSTEMS PTY LTD
NEWCASTLE GREAT PARK MANAGEMENT COMPANY LTD
Acquisition / Valuation Comments
This company has been established 54 years.
The number of shareholders is low (2).
2 directors are under 40 years of age.
The value of the company has fluctuated in the last 2 years.
The total value of the company is currently £744.2m including debts.
The equity value is high, indicating low levels of total liabilities.
The proposed year is based on achieving a 33% return on total assets.
The company's value would increase by 46% if the proposed business plan was followed.
The proposed plan would improve the overall financial strength of the company by 19%.
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