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Sweco building control ltd
Registration Number
02891295Incorporation Date
25/01/1994Last Annual Return
Not availableAddress
Grove House, Mansion Gate Drive, Leeds, West Yorkshire. LS7 4DN
Website
www.mlm.uk.comAudit Fees
Not availableSecretary
Ms Narinder Jeet Sanghera
Directors
Active
Ms Michelle Ann Armstrong (37 yrs)
Active
Mr Ian Peter Cropper (61 yrs)
Active
Mr Matthew John Wisbey (44 yrs)
Active
Mr Russell Conisbee (59 yrs)
Active
Mr Paul McNeill (53 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 31-Dec-20 | 31-Dec-21 | 31-Dec-22 | 31-Dec-23 | 29-Dec-24 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (£000) | 8605 | 7603 | 9058 | 10235 | 10501 |
| Directors Fees | 1029 | 760 | 904 | 902 | 902 |
| Gross Profits | NA | NA | NA | NA | NA |
| Value Added | 5770 | 5508 | 6665 | 6734 | 6427 |
| Trading Profit | 1225 | 904 | 1586 | 831 | 921 |
| Depreciation | 123 | 86 | 93 | 79 | |
| Non-Trading Income | 0 | 0 | 0 | 0 | 0 |
| Total Interest Charges | 3 | 2 | 0 | 1 | 1 |
| Pre-tax Profit | 1099 | 816 | 1493 | 751 | 849 |
| Retained Profit (Shareholders Funds) | 869 | 425 | 1366 | 904 | 451 |
| Fixed Assets | 593 | 511 | 432 | 127 | 121 |
| Intangibles | 0 | 0 | 0 | 0 | 0 |
| Intermediate Assets | 0 | 0 | 0 | 0 | 0 |
| Stocks | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1986 | 1933 | 3175 | 2914 | 2541 |
| Cash or Equivalent | 4752 | 7374 | 6706 | 7876 | 5824 |
| Total Current Assets | 6738 | 9307 | 9881 | 10790 | 8365 |
| Creditors | 1076 | 128 | 3769 | 188 | 222 |
| Short Term Borrowing | 9 | 2968 | 2821 | 2916 | 0 |
| Other Current Liabilities | 4276 | 4305 | 0 | 3262 | 3262 |
| Total Current Liabilities | 5361 | 7401 | 6590 | 6366 | 3484 |
| Net Current Assets | 1377 | 1906 | 3291 | 4424 | 4881 |
| Shareholders Funds | 1848 | 2273 | 3639 | 4543 | 4994 |
| Total Loan Capital | 0 | 0 | 0 | 0 | 0 |
| Other Capital Employed | 121 | 144 | 85 | 8 | 8 |
| Total Capital Employed | 1969 | 2417 | 3724 | 4551 | 5002 |
| Pretax Profit Margin % | 12.77 | 10.73 | 16.48 | 7.34 | 8.08 |
| Sales Growth % | 64 | -12 | 19 | 13 | 3 |
| Pretax Profit Growth % | 2717 | -26 | 83 | -50 | 13.00 |
| Debtor Ratio Days | 84 | 93 | 128 | 104 | 88.0890669272109 |
| Creditor Ratio Days | 46 | 6 | 151 | 7 | 7.6889887640449 |
| Stock Turnover | NA | NA | NA | NA | NA |
| Sales £000 / Employee | 118 | 110 | 129 | 128 | 140.73125 |
| Value Added £000/Empl. | 79 | 80 | 95 | 84 | 86.1328235629586 |
| Av. Remun. £000 / Empl. | 62 | 67 | 73 | 74 | 73.7875 |
| Total Empl. Remu. £000 | 4545 | 4604 | 5079 | 5903 | 5505.82510688693 |
| Employees | 73 | 69 | 70 | 80 | 74.6173146791385 |
| Pretax Profit/Total Assets % | 15 | 8 | 14 | 7 | 10 |
Company Summary
- The Plimsoll Chart is high and rising indicating an improvement in financial strength, in line with the industry average.
- Total Sales have increased by 13.0% in the latest year, well above the industry average of 8.6%.
- Sales per Employee is £128,000 which is well above the industry average of £89,000.
- The average salary is £74,000 which is well above the industry average of £59,000.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- Pretax Profit Margin is 7.3% in the latest year, well above the industry average of 4.3%.
- The formal debt of the company is high, representing 28% of Total Sales.
- The Trading Stability chart shows a well below average sales return on total assets in the latest year
- The Profitability chart shows a well above average pretax profit return on total assets in the latest year
- NOTE THAT SOME ACCOUNTING PERIODS ARE NOT 52 WEEKS (* INDICATES THE AFFECTED CHARTS)
- The company is the only Best Trading Partner in this industry (see section 1c).
- The company is among the Top 50 companies listed as a Fastest Growing Company (see section 2.1c).
- The company is among the Top 3 in terms of Trading Profits.
- The company is among the Top 4 Leaders in Efficiency.
Company Summary
The company currently has £10.2m sales and made £751,000, by following the proposal plan, sales would be level but profits would rise to £849,000.
Key Attractiveness Features
- ADD £10.2m TO SALES
- HIGH DIRS FEES
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 | 31-Dec-20 | 31-Dec-21 | 31-Dec-22 | 31-Dec-23 | 29-Dec-24 |
| Total Sales (£000) | 8605 | 7603 | 9058 | 10235 | 10501 |
| Pre-tax Profit (£000) | 1099 | 816 | 1493 | 751 | 849 |
| Total Value (£000) | 13234 | 10334 | 15592 | 11311 | 11422 |
| Asset Value (£000) | 2579 | 2444 | 3607 | 3041 | 2662 |
| Goodwill (£000) | 10655 | 7890 | 11985 | 8270 | 8760 |
| Liabilities (£000) | -730 | -171 | 31 | 1502 | 2332 |
| Equity Value (£000) | 12504 | 10163 | 15623 | 12813 | 13754 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
MLM HOLDINGS LTD (100.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
None
Acquisition / Valuation Comments
This company has been established 31 years.
The number of shareholders is low (1)
1 director is over 60 years of age.
1 director is under 40 years of age.
The total value of the company is currently £11.3m including debts.
The equity value is high, indicating low levels of total liabilities.
The proposed year is based on achieving a 10% return on total assets.
The proposed plan would improve the overall financial strength of the company by 64%.
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