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Land energy girvan ltd
Registration Number
06813953Incorporation Date
09/02/2009Last Annual Return
Not availableAddress
Bisca House Sawmill Lane, Helmsley, York, North Yorkshire. YO62 5DQ
Website
www.land-energy.comAudit Fees
£44,000Secretary
Mr John Richard Westmacott
Directors
Active
Mr Finbarr O'Connor (58 yrs)
Active
Mr Joseph Andrew Woodmansee (45 yrs)
Active
Mr John Richard Westmacott (56 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 30-Dec-20 | 30-Dec-21 | 30-Dec-22 | 30-Dec-23 | 28-Dec-24 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (£000) | 22500 | 22372 | 34553 | 37633 | 38304 |
| Directors Fees | 0 | 0 | 0 | 0 | 0 |
| Gross Profits | 5121 | 5427 | 13194 | 12142 | 12358 |
| Value Added | 3540 | 3308 | 11086 | 9828 | 9621 |
| Trading Profit | 1703 | 1302 | 8038 | 5745 | 5843 |
| Depreciation | 2192 | 2250 | 2837 | 2622 | |
| Non-Trading Income | 0 | 0 | 2 | 18 | 0 |
| Total Interest Charges | 7954 | 9497 | 160 | 208 | 187 |
| Pre-tax Profit | -8443 | -10445 | 5043 | 2933 | 3296 |
| Retained Profit (Shareholders Funds) | -8443 | 68991 | 6136 | 3026 | 1760 |
| Fixed Assets | 20554 | 22063 | 22387 | 25315 | 24049 |
| Intangibles | 0 | 0 | 0 | 0 | 0 |
| Intermediate Assets | 0 | 0 | 0 | 0 | 0 |
| Stocks | 2531 | 2954 | 3469 | 4635 | 3931 |
| Debtors | 2400 | 2756 | 4605 | 4378 | 3788 |
| Cash or Equivalent | 2217 | 3301 | 4490 | 5306 | 1191 |
| Total Current Assets | 7148 | 9011 | 12564 | 14319 | 8910 |
| Creditors | 2066 | 4815 | 2856 | 3320 | 3886 |
| Short Term Borrowing | 113 | 2030 | 1487 | 2682 | 0 |
| Other Current Liabilities | 2092 | 1628 | 2172 | 1829 | 1829 |
| Total Current Liabilities | 4271 | 8473 | 6515 | 7831 | 5715 |
| Net Current Assets | 2877 | 538 | 6049 | 6488 | 3195 |
| Shareholders Funds | -52669 | 16322 | 22458 | 25484 | 27244 |
| Total Loan Capital | 75749 | 6279 | 5977 | 6319 | 0 |
| Other Capital Employed | 351 | 0 | 0 | 0 | 0 |
| Total Capital Employed | 23431 | 22601 | 28435 | 31803 | 27244 |
| Pretax Profit Margin % | -37.52 | -46.69 | 14.59 | 7.79 | 8.6 |
| Sales Growth % | -3 | -1 | 54 | 9 | 2 |
| Pretax Profit Growth % | -24 | -24 | 148 | -42 | 12.00 |
| Debtor Ratio Days | 39 | 45 | 49 | 42 | 35.9937607950469 |
| Creditor Ratio Days | 33 | 78 | 30 | 32 | 36.9290782026413 |
| Stock Turnover | 9 | 8 | 10 | 8 | 9.7431715210356 |
| Sales £000 / Employee | 500 | 430 | 557 | 502 | 551.950666666666 |
| Value Added £000/Empl. | 79 | 64 | 179 | 131 | 138.636433336177 |
| Av. Remun. £000 / Empl. | 41 | 39 | 49 | 54 | 54.44 |
| Total Empl. Remu. £000 | 1837 | 2006 | 3048 | 4083 | 3777.99130716186 |
| Employees | 45 | 52 | 62 | 75 | 69.3973421594757 |
| Pretax Profit/Total Assets % | -30 | -34 | 14 | 7 | 10 |
Company Summary
- The Plimsoll Chart is falling though its height is ok.
- Total Sales have increased by 8.9% in the latest year, well above the industry average of 5.7%.
- Gross Profit Margin is 32.3% in the latest year, well above the industry average of 15.4%.
- Sales per Employee is £502,000 which is well above the industry average of £347,000.
- The average salary is £54,000 which is well above the industry average of £44,000.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- Pretax Profit Margin is 7.8% in the latest year, well above the industry average of 2.4%.
- The formal debt of the company is high, representing 24% of Total Sales.
- Formal debt of the company has increased by £1.5m, a rise of 21%.
- 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
- The company is the only Best Trading Partner in this industry (see section 1c).
- The company is among the Top 60 companies listed under the Gross Profits category (see section 3.1c).
- The company is among the Top 6 Leaders in Efficiency.
Company Summary
The company currently has £37.6m sales and made £2.9m, by following the proposal plan, sales would be level but profits would rise to £3.3m.
Key Attractiveness Features
- PRIVATELY OWNED
- ADD £37.6m 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 | 30-Dec-20 | 30-Dec-21 | 30-Dec-22 | 30-Dec-23 | 28-Dec-24 |
| Total Sales (£000) | 22500 | 22372 | 34553 | 37633 | 38304 |
| Pre-tax Profit (£000) | -8443 | -10445 | 5043 | 2933 | 3296 |
| Total Value (£000) | 23040 | 23033 | 56466 | 49943 | 49183 |
| Asset Value (£000) | 25485 | 27773 | 30461 | 34328 | 31768 |
| Goodwill (£000) | -2445 | -4740 | 26005 | 15615 | 17415 |
| Liabilities (£000) | -78154 | -11451 | -8002 | -8844 | -4524 |
| Equity Value (£000) | -55114 | 11582 | 48464 | 41099 | 44659 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
GOTTEX REAL ASSET FUND 1 (CHP) S.À R.L. (90.0%)
LAND ENERGY TOPCO LTD (10.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
LAND ENERGY ESCO 1 LTD
LAND ENERGY ESCO 2 LTD
LAND ENERGY ESCO 3 LTD
Acquisition / Valuation Comments
This company has been established 16 years.
The number of shareholders is low (2)
The total value of the company is currently £49.9m 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 123%.
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