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Burford bakery solutions ltd
Registration Number
08232110Incorporation Date
27/09/2012Last Annual Return
Not availableAddress
c/o Thurne-Middleby, Gresham House, Pinetrees Busines, Norwich, Norfolk. NR7 9BB
Website
www.burford.comAudit Fees
£13,000Secretary
Not available
Directors
Active
Mr Bryan Mittelman (55 yrs)
Active
Mr Agustin Zufia Sustacha (68 yrs)
Active
Mr Michael Thompson (49 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 31-Dec-21 | 31-Dec-22 | 31-Dec-23 | 31-Dec-24 | 30-Dec-25 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (£000) | 1613 | 2059 | 2580 | 3679 | 4341 |
| Directors Fees | 0 | 0 | 0 | 0 | 0 |
| Gross Profits | 106 | 77 | 461 | 734 | 866 |
| Value Added | 464 | 847 | 1099 | 1432 | 1739 |
| Trading Profit | 117 | 288 | 222 | 451 | 687 |
| Depreciation | 2 | 3 | 4 | 4 | |
| Non-Trading Income | 0 | 2 | 1 | 1 | 0 |
| Total Interest Charges | 0 | 0 | 0 | 1 | 1 |
| Pre-tax Profit | 115 | 287 | 219 | 447 | 681 |
| Retained Profit (Shareholders Funds) | 93 | -368 | 166 | 336 | 268 |
| Fixed Assets | 0 | 16 | 12 | 8 | 10 |
| Intangibles | 0 | 0 | 0 | 0 | 0 |
| Intermediate Assets | 0 | 0 | 0 | 0 | 0 |
| Stocks | 422 | 469 | 397 | 405 | 478 |
| Debtors | 140 | 278 | 183 | 397 | 468 |
| Cash or Equivalent | 627 | 321 | 333 | 689 | 936 |
| Total Current Assets | 1189 | 1068 | 913 | 1491 | 1882 |
| Creditors | 7 | 10 | 9 | 13 | 18 |
| Short Term Borrowing | 231 | 165 | 8 | 10 | 0 |
| Other Current Liabilities | 241 | 555 | 387 | 619 | 743 |
| Total Current Liabilities | 479 | 730 | 404 | 642 | 761 |
| Net Current Assets | 710 | 338 | 509 | 849 | 1121 |
| Shareholders Funds | 700 | 332 | 498 | 834 | 1102 |
| Total Loan Capital | 0 | 0 | 0 | 0 | 0 |
| Other Capital Employed | 11 | 23 | 24 | 24 | 29 |
| Total Capital Employed | 711 | 355 | 522 | 858 | 1131 |
| Pretax Profit Margin % | 7.13 | 13.94 | 8.49 | 12.15 | 15.69 |
| Sales Growth % | -19 | 28 | 25 | 43 | 18 |
| Pretax Profit Growth % | 3 | 150 | -24 | 104 | 52.35 |
| Debtor Ratio Days | 32 | 49 | 26 | 39 | 39.2791519434629 |
| Creditor Ratio Days | 2 | 2 | 1 | 1 | 1.4791519434629 |
| Stock Turnover | 4 | 4 | 6 | 9 | 9.083950617284 |
| Sales £000 / Employee | 202 | 206 | 215 | 307 | 337.241666666666 |
| Value Added £000/Empl. | 58 | 85 | 92 | 119 | 135.091807909604 |
| Av. Remun. £000 / Empl. | 43 | 56 | 73 | 82 | 81.75 |
| Total Empl. Remu. £000 | 347 | 559 | 877 | 981 | 1052.34545454546 |
| Employees | 8 | 10 | 12 | 12 | 12.8727272727273 |
| Pretax Profit/Total Assets % | 10 | 26 | 24 | 30 | 36 |
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 42.6% in the latest year, well above the industry average of 8.5%.
- Sales per Employee is £307,000 which is well above the industry average of £137,000.
- The average salary is £82,000 which is well above the industry average of £54,000.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- Exports contribute 87% towards the Total Sales of the company.
- Pretax Profit Margin is 12.2% in the latest year, well above the industry average of 4.6%.
- Pretax Profit Margin has markedly improved from 8.5% to 12.2% in the latest year.
- Formal debt of the company has increased by £2,000, a rise of 25%.
- The Profitability chart shows a well above average pretax profit return on total assets in the latest year
- 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 50 companies listed under the Pretax Profit Return on Total Assets category (see section 3.4c).
Company Summary
The company currently has £3.7m sales and made £447,000, by following the proposal plan, sales would rise to £4.3m and profits would rise to £681,000.
Key Attractiveness Features
- PRIVATELY OWNED
- ADD £3.7m TO SALES
- ATTRACTIVE PRICE
- 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-Dec-21 | 31-Dec-22 | 31-Dec-23 | 31-Dec-24 | 30-Dec-25 |
| Total Sales (£000) | 1613 | 2059 | 2580 | 3679 | 4341 |
| Pre-tax Profit (£000) | 115 | 287 | 219 | 447 | 681 |
| Total Value (£000) | 1137 | 2188 | 1682 | 3045 | 4366 |
| Asset Value (£000) | 562 | 763 | 592 | 810 | 956 |
| Goodwill (£000) | 575 | 1425 | 1090 | 2235 | 3410 |
| Liabilities (£000) | 137 | -432 | -95 | 23 | 146 |
| Equity Value (£000) | 1274 | 1756 | 1587 | 3068 | 4512 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
BURFORD CORP
Immediate Shareholder: See Shareholders
Subsidiaries
None
Acquisition / Valuation Comments
This company has been established 13 years.
The number of shareholders is low (1)
1 director is over 60 years of age.
The total value of the company is currently £3.0m including debts.
The equity value is high, indicating low levels of total liabilities.
This company is rated HIGHLY ATTRACTIVE in terms of attractiveness.
The proposed year is based on achieving a 36% return on total assets.
The company's value would increase by 43% if the proposed business plan was followed.
The proposed plan would improve the overall financial strength of the company by 13%.
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