Book a FREE no obligation demo with one of our specialists to see how Plimsoll can help you
Book a free Demo
Htc group ltd
Registration Number
01742433Incorporation Date
27/07/1983Last Annual Return
Not availableAddress
Fairoak 43 Fairoak Lane, Whitehouse Industrial Estate, Runcorn, Cheshire. WA7 3DU
Website
WWW.HTC.CO.UKAudit Fees
£20,000Secretary
Not available
Directors
Active
Mr Mohsin Pervez Chohan (67 yrs)
Active
Mr David Curtis O'Brien (67 yrs)
Active
Mr Oliver Edward Cooper (43 yrs)
Active
Ms Gemma Rachel Rippingham (45 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 31-May-21 | 31-May-22 | 31-May-23 | 31-May-24 | 30-May-25 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (£000) | NA | 19828 | 25033 | 32903 | 38826 |
| Directors Fees | NA | 266 | 196 | 136 | 163 |
| Gross Profits | NA | 2696 | 3208 | 5613 | 6623 |
| Value Added | NA | 1991 | 2302 | 3923 | 4561 |
| Trading Profit | NA | 655 | 921 | 2477 | 3025 |
| Depreciation | 11 | 38 | 43 | 57 | |
| Non-Trading Income | NA | 189 | -491 | 90 | 0 |
| Total Interest Charges | NA | 0 | 83 | 109 | 131 |
| Pre-tax Profit | NA | 806 | 304 | 2401 | 2826 |
| Retained Profit (Shareholders Funds) | 2276 | 582 | 306 | 1840 | 1441 |
| Fixed Assets | 201 | 256 | 281 | 339 | 407 |
| Intangibles | 0 | 0 | 0 | 0 | 0 |
| Intermediate Assets | 0 | 0 | 0 | 0 | 0 |
| Stocks | 2581 | 8215 | 6523 | 5975 | 7051 |
| Debtors | 3079 | 3953 | 5900 | 8009 | 9451 |
| Cash or Equivalent | 1481 | 1358 | 2844 | 3240 | 755 |
| Total Current Assets | 7141 | 13526 | 15267 | 17224 | 17257 |
| Creditors | 1725 | 3015 | 3989 | 4705 | 6385 |
| Short Term Borrowing | 0 | 3500 | 3802 | 3500 | 0 |
| Other Current Liabilities | 1350 | 2408 | 2569 | 2316 | 2779 |
| Total Current Liabilities | 3075 | 8923 | 10360 | 10521 | 9164 |
| Net Current Assets | 4066 | 4603 | 4907 | 6703 | 8093 |
| Shareholders Funds | 4230 | 4812 | 5118 | 6958 | 8399 |
| Total Loan Capital | 0 | 0 | 0 | 0 | 0 |
| Other Capital Employed | 37 | 48 | 70 | 84 | 101 |
| Total Capital Employed | 4267 | 4860 | 5188 | 7042 | 8500 |
| Pretax Profit Margin % | NA | 4.06 | 1.21 | 7.3 | 7.28 |
| Sales Growth % | NA | NA | 26 | 31 | 18 |
| Pretax Profit Growth % | NA | NA | -62 | 690 | 18.00 |
| Debtor Ratio Days | NA | 73 | 86 | 89 | 88.6021335440537 |
| Creditor Ratio Days | NA | 55 | 58 | 52 | 59.8581588305018 |
| Stock Turnover | NA | 2 | 4 | 6 | 5.5067782426778 |
| Sales £000 / Employee | NA | 793 | 927 | 1028 | 1131.040625 |
| Value Added £000/Empl. | NA | 80 | 85 | 123 | 134.147058823529 |
| Av. Remun. £000 / Empl. | NA | 53 | 51 | 45 | 45.1875 |
| Total Empl. Remu. £000 | NA | 1336 | 1381 | 1446 | 1536.375 |
| Employees | 17 | 25 | 27 | 32 | 34 |
| Pretax Profit/Total Assets % | NA | 6 | 2 | 14 | 16 |
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 31.4% in the latest year, well above the industry average of 3.7%.
- Gross Profit Margin has markedly improved from 12.8% to 17.1% in the latest year.
- Sales per Employee is £1.0m which is well above the industry average of £192,000.
- 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 3.7%.
- Pretax Profit Margin has markedly improved from 1.2% to 7.3% in the latest year.
- The Profitability chart shows a well above average pretax profit return on total assets in the latest year.
- We expect new accounts for this company to be filed in the next couple of months, contact us for an updated analysis.
- The company is the only Best Trading Partner in this industry (see section 1c).
- The company is among the Top 34 Leaders in Efficiency.
- The company is among the Top 50 companies listed under the Pretax Profit Return on Total Assets category (see section 3.4c).
- The company is among the Top 14 in terms of Pretax Profit Return on Owners Funds.
- The company is among the Top 203 companies listed under the Pretax Profits category (see section 3.2c).
Company Summary
The company currently has £32.9m sales and made £2.4m, by following the proposal plan, sales would rise to £38.8m and profits would rise to £2.8m.
Key Attractiveness Features
- ADD £32.9m TO SALES
- FEW DIRECTORS
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-May-21 | 31-May-22 | 31-May-23 | 31-May-24 | 30-May-25 |
| Total Sales (£000) | NA | 19828 | 25033 | 32903 | 38826 |
| Pre-tax Profit (£000) | NA | 806 | 304 | 2401 | 2826 |
| Total Value (£000) | 16839 | 18074 | 27103 | 32509 | |
| Asset Value (£000) | 12424 | 12704 | 14323 | 16909 | |
| Goodwill (£000) | 4415 | 5370 | 12780 | 15600 | |
| Liabilities (£000) | -7613 | -7586 | -7365 | -8510 | |
| Equity Value (£000) | 9226 | 10488 | 19738 | 23999 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
MCI HEALTH INVESTMENTS LTD (100.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
HTC HEALTH LTD
HTC (FAR EAST) LTD
Acquisition / Valuation Comments
This company has been established 43 years.
The number of shareholders is low (1).
2 directors are over 60 years of age.
The value of the company has risen in each of the last 2 years.
The total value of the company is currently £27.1m including debts.
The equity value is high, indicating low levels of total liabilities.
The proposed year is based on achieving a 16% return on total assets.
The company's value would increase by 20% if the proposed business plan was followed.
The proposed plan would improve the overall financial strength of the company by 24%.
Book a FREE no obligation demo with one of our specialists to see how Plimsoll can help you
Book a free Demo