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Mr clutch autocentres ltd.
Registration Number
03678433Incorporation Date
03/12/1998Last Annual Return
Not availableAddress
2 Priory Road, Rochester, Kent. ME2 2EG
Website
www.mrclutch.comAudit Fees
£26,000Secretary
Not available
Directors
Active
Mr Joseph Yussuf (71 yrs)
Active
Mr William Yussuf (67 yrs)
Active
Mr Sefer Yussuf (61 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 31-Mar-21 | 31-Mar-22 | 31-Mar-23 | 31-Mar-24 | 30-Mar-25 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (£000) | 11014 | 13282 | 14313 | 16138 | 18607 |
| Directors Fees | 54 | 54 | 57 | 47 | 56 |
| Gross Profits | 3779 | 5076 | 5627 | 6267 | 7226 |
| Value Added | 6311 | 5672 | 5823 | 6569 | 7293 |
| Trading Profit | 1438 | 963 | 662 | 1090 | 1550 |
| Depreciation | 227 | 197 | 225 | 251 | |
| Non-Trading Income | 0 | 0 | 12 | 53 | 0 |
| Total Interest Charges | 2 | 13 | 20 | 24 | 29 |
| Pre-tax Profit | 1209 | 753 | 429 | 868 | 1220 |
| Retained Profit (Shareholders Funds) | 673 | 206 | 15 | 70 | 521 |
| Fixed Assets | 728 | 837 | 802 | 842 | 1010 |
| Intangibles | 0 | 0 | 0 | 0 | 0 |
| Intermediate Assets | 1 | 1 | 1 | 1 | 1 |
| Stocks | 360 | 312 | 289 | 111 | 128 |
| Debtors | 383 | 530 | 577 | 481 | 555 |
| Cash or Equivalent | 2950 | 2815 | 2957 | 3441 | 4116 |
| Total Current Assets | 3693 | 3657 | 3823 | 4033 | 4799 |
| Creditors | 1440 | 1616 | 1917 | 1875 | 2486 |
| Short Term Borrowing | 398 | 458 | 236 | 402 | 0 |
| Other Current Liabilities | 1216 | 518 | 732 | 964 | 1157 |
| Total Current Liabilities | 3054 | 2592 | 2885 | 3241 | 3643 |
| Net Current Assets | 639 | 1065 | 938 | 792 | 1156 |
| Shareholders Funds | 1126 | 1332 | 1347 | 1417 | 1938 |
| Total Loan Capital | 61 | 268 | 268 | 25 | 0 |
| Other Capital Employed | 182 | 302 | 126 | 191 | 229 |
| Total Capital Employed | 1369 | 1902 | 1741 | 1633 | 2167 |
| Pretax Profit Margin % | 10.98 | 5.67 | 3 | 5.38 | 6.56 |
| Sales Growth % | -17 | 21 | 8 | 13 | 15 |
| Pretax Profit Growth % | 136 | -38 | -43 | 102 | 40.55 |
| Debtor Ratio Days | 13 | 15 | 15 | 11 | 10.8491758582228 |
| Creditor Ratio Days | 48 | 44 | 49 | 42 | 48.6352088238939 |
| Stock Turnover | 31 | 43 | 50 | 145 | 145.387387387387 |
| Sales £000 / Employee | 63 | 84 | 92 | 102 | 112.353164556962 |
| Value Added £000/Empl. | 36 | 36 | 38 | 42 | 44.0361744354881 |
| Av. Remun. £000 / Empl. | 28 | 30 | 33 | 35 | 34.6772151898734 |
| Total Empl. Remu. £000 | 4873 | 4709 | 5161 | 5479 | 5743.02680970257 |
| Employees | 175 | 158 | 155 | 158 | 165.613841199673 |
| Pretax Profit/Total Assets % | 27 | 17 | 9 | 18 | 21 |
Company Summary
- The Plimsoll Chart is high and rising indicating an improvement in financial strength, in line with the industry average.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- Pretax Profit Margin is 5.4% in the latest year, well above the industry average of 1.2%.
- Pretax Profit Margin has markedly improved from 3.0% to 5.4% in the latest year.
- Shareholders received £569,000 in dividends this year, over 66% 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 among the Top 2 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 58 companies listed under the Pretax Profits category (see section 3.2c).
Company Summary
The company currently has £16.1m sales and made £868,000, by following the proposal plan, sales would rise to £18.6m and profits would rise to £1.2m.
Key Attractiveness Features
- ADD £16.1m TO SALES
- ATTRACTIVE PRICE
- FEW DIRECTORS
- 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-Mar-21 | 31-Mar-22 | 31-Mar-23 | 31-Mar-24 | 30-Mar-25 |
| Total Sales (£000) | 11014 | 13282 | 14313 | 16138 | 18607 |
| Pre-tax Profit (£000) | 1209 | 753 | 429 | 868 | 1220 |
| Total Value (£000) | 7797 | 5780 | 4139 | 5865 | 8219 |
| Asset Value (£000) | 1472 | 1680 | 1669 | 1435 | 1694 |
| Goodwill (£000) | 6325 | 4100 | 2470 | 4430 | 6525 |
| Liabilities (£000) | -347 | -347 | -322 | -16 | 244 |
| Equity Value (£000) | 7450 | 5433 | 3817 | 5849 | 8463 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
CLUTCH INTERNATIONAL (HOLDINGS) LTD (100.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
None
Acquisition / Valuation Comments
This company has been established 27 years.
The number of shareholders is low (1)
1 director is over 70 years of age.
The total value of the company is currently £5.9m including debts.
The equity value is high, indicating low levels of total liabilities.
The company value is small in comparison to its sales.
The proposed year is based on achieving a 21% return on total assets.
The company's value would increase by 40% if the proposed business plan was followed.
The proposed plan would improve the overall financial strength of the company by 15%.
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