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Nikon optical u.k. Ltd
Registration Number
03471182Incorporation Date
25/11/1997Last Annual Return
Not availableAddress
3 Tanners Drive, Blakelands, Milton Keynes, Buckinghamshire. MK14 5BU
Website
www.nikon.co.ukAudit Fees
£38,000Secretary
A G SECRETARIAL LIMITED
Directors
Active
Yanqiu Feng (50 yrs)
Active
Bo Kajiwara (60 yrs)
Active
Ms Jill Elizebeth McLellan (52 yrs)
Active
Alexis Ionine (52 yrs)
Active
Mr Stuart Norman Malin (47 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) | 11810 | 12025 | 13096 | 14649 | 16734 |
| Directors Fees | 525 | 417 | 450 | 556 | 667 |
| Gross Profits | 6423 | 6477 | 6736 | 7831 | 8945 |
| Value Added | 5984 | 5904 | 6085 | 6711 | 7926 |
| Trading Profit | 1877 | 1699 | 1981 | 2434 | 3485 |
| Depreciation | 227 | 260 | 275 | 285 | |
| Non-Trading Income | 0 | 21 | 147 | 177 | 0 |
| Total Interest Charges | 0 | 0 | 0 | 0 | 0 |
| Pre-tax Profit | 1650 | 1460 | 1853 | 2326 | 3143 |
| Retained Profit (Shareholders Funds) | 203 | 1001 | 334 | 444 | 1396 |
| Fixed Assets | 1287 | 1369 | 1496 | 1641 | 1969 |
| Intangibles | 17 | 12 | 9 | 6 | 7 |
| Intermediate Assets | 0 | 0 | 0 | 0 | 0 |
| Stocks | 535 | 539 | 552 | 595 | 680 |
| Debtors | 1616 | 1755 | 2258 | 2472 | 2824 |
| Cash or Equivalent | 4651 | 5266 | 5495 | 5632 | 6161 |
| Total Current Assets | 6802 | 7560 | 8305 | 8699 | 9665 |
| Creditors | 341 | 574 | 416 | 270 | 355 |
| Short Term Borrowing | 934 | 774 | 964 | 976 | 0 |
| Other Current Liabilities | 3057 | 2760 | 3233 | 3282 | 3938 |
| Total Current Liabilities | 4332 | 4108 | 4613 | 4528 | 4293 |
| Net Current Assets | 2470 | 3452 | 3692 | 4171 | 5372 |
| Shareholders Funds | 3369 | 4370 | 4704 | 5148 | 6544 |
| Total Loan Capital | 0 | 0 | 0 | 0 | 0 |
| Other Capital Employed | 405 | 463 | 493 | 670 | 804 |
| Total Capital Employed | 3774 | 4833 | 5197 | 5818 | 7348 |
| Pretax Profit Margin % | 13.97 | 12.14 | 14.15 | 15.88 | 18.78 |
| Sales Growth % | 28 | 2 | 9 | 12 | 14 |
| Pretax Profit Growth % | 352 | -12 | 27 | 26 | 35.12 |
| Debtor Ratio Days | 50 | 53 | 63 | 61 | 61.4245340978906 |
| Creditor Ratio Days | 11 | 17 | 12 | 7 | 7.7153389309851 |
| Stock Turnover | 22 | 22 | 24 | 25 | 24.6201680672269 |
| Sales £000 / Employee | 126 | 334 | 142 | 161 | 177.075824175824 |
| Value Added £000/Empl. | 64 | 164 | 66 | 74 | 83.8733608967038 |
| Av. Remun. £000 / Empl. | 44 | 117 | 45 | 47 | 47 |
| Total Empl. Remu. £000 | 4107 | 4205 | 4104 | 4277 | 4441.48172932748 |
| Employees | 94 | 36 | 92 | 91 | 94.4996112622868 |
| Pretax Profit/Total Assets % | 20 | 16 | 19 | 22 | 27 |
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 11.9% in the latest year, well above the industry average of 10.7%.
- Gross Profit Margin is 53.5% in the latest year, well above the industry average of 28.8%.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- Pretax Profit Margin is 15.9% in the latest year, well above the industry average of 7.2%.
- Shareholders received £1.4m in dividends this year, over 60% 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 the only Best Trading Partner in this industry (see section 1c).
- The company is the best in terms of Value Added in this industry.
- The company is among the Top 2 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 50 companies listed under the Pretax Profit Return on Total Assets category (see section 3.4c).
- The company is among the Top 3 in terms of Pretax Profit Return on Owners Funds.
- The company is among the Top 19 companies listed under the Pretax Profits category (see section 3.2c).
Company Summary
The company currently has £14.6m sales and made £2.3m, by following the proposal plan, sales would rise to £16.7m and profits would rise to £3.1m.
Key Attractiveness Features
- PRIVATELY OWNED
- ADD £14.6m TO SALES
- ATTRACTIVE PRICE
- 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 | 31-Dec-21 | 31-Dec-22 | 31-Dec-23 | 31-Dec-24 | 30-Dec-25 |
| Total Sales (£000) | 11810 | 12025 | 13096 | 14649 | 16734 |
| Pre-tax Profit (£000) | 1650 | 1460 | 1853 | 2326 | 3143 |
| Total Value (£000) | 14330 | 12955 | 15095 | 18239 | 24530 |
| Asset Value (£000) | 3455 | 3675 | 4315 | 4714 | 5480 |
| Goodwill (£000) | 10875 | 9280 | 10780 | 13525 | 19050 |
| Liabilities (£000) | -86 | 695 | 389 | 434 | 1064 |
| Equity Value (£000) | 14244 | 13650 | 15484 | 18673 | 25594 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
NIKON CORPORATION
Immediate Shareholder: See Shareholders
Subsidiaries
None
Acquisition / Valuation Comments
This company has been established 28 years.
The number of shareholders is low (1)
The value of the company has risen in each of the last 2 years.
The value of the company has fluctuated in the last 2 years.
The total value of the company is currently £18.2m 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 27% return on total assets.
The company's value would increase by 34% if the proposed business plan was followed.
The proposed plan would improve the overall financial strength of the company by 23%.
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