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Stemmer imaging ltd
Registration Number
03370750Incorporation Date
14/05/1997Last Annual Return
Not availableAddress
The Old Barn, Grange Court, Grange Road, Farnham, Surrey. GU10 1DW
Website
www.stemmer-imaging.co.ukAudit Fees
£33,000Secretary
Not available
Directors
Active
Mr Arne Eike Dehn (55 yrs)
Active
STEMMER IMAGING AG
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 31-Dec-20 | 31-Dec-21 | 31-Dec-22 | 31-Dec-23 | 29-Dec-24 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (£000) | 7105 | 8062 | 9888 | 10819 | 12041 |
| Directors Fees | 147 | 224 | 186 | 211 | 253 |
| Gross Profits | 2458 | 2822 | 3468 | 3066 | 3412 |
| Value Added | 1548 | 1432 | 2201 | 1599 | 1676 |
| Trading Profit | 187 | 200 | 1142 | 562 | 627 |
| Depreciation | 261 | 222 | 187 | 104 | |
| Non-Trading Income | 4 | 0 | 3 | 0 | 0 |
| Total Interest Charges | 1 | 1 | 3 | 9 | 11 |
| Pre-tax Profit | -71 | -23 | 955 | 449 | 491 |
| Retained Profit (Shareholders Funds) | -1904 | -23 | 771 | -350 | 269 |
| Fixed Assets | 376 | 309 | 965 | 240 | 288 |
| Intangibles | 0 | 0 | 0 | 651 | 781 |
| Intermediate Assets | 0 | 0 | 0 | 0 | 0 |
| Stocks | 110 | 122 | 118 | 59 | 66 |
| Debtors | 817 | 1016 | 1362 | 1115 | 1241 |
| Cash or Equivalent | 1030 | 847 | 1681 | 967 | 351 |
| Total Current Assets | 1957 | 1985 | 3161 | 2141 | 1658 |
| Creditors | 21 | 23 | 231 | 95 | 122 |
| Short Term Borrowing | 501 | 336 | 177 | 138 | 0 |
| Other Current Liabilities | 633 | 775 | 1132 | 640 | 768 |
| Total Current Liabilities | 1155 | 1134 | 1540 | 873 | 890 |
| Net Current Assets | 802 | 851 | 1621 | 1268 | 768 |
| Shareholders Funds | 1140 | 1117 | 1888 | 1538 | 1807 |
| Total Loan Capital | 14 | 19 | 673 | 596 | 0 |
| Other Capital Employed | 25 | 25 | 25 | 25 | 30 |
| Total Capital Employed | 1179 | 1161 | 2586 | 2159 | 1837 |
| Pretax Profit Margin % | -1 | -0.29 | 9.66 | 4.15 | 4.08 |
| Sales Growth % | 55 | 13 | 23 | 9 | 11 |
| Pretax Profit Growth % | -181 | 68 | 4252 | -53 | 9.35 |
| Debtor Ratio Days | 42 | 46 | 50 | 38 | 37.5136334226823 |
| Creditor Ratio Days | 1 | 1 | 9 | 3 | 3.6756631851373 |
| Stock Turnover | 65 | 66 | 84 | 183 | 183.372881355932 |
| Sales £000 / Employee | 355 | 504 | 761 | 902 | 991.741666666667 |
| Value Added £000/Empl. | 77 | 90 | 169 | 133 | 138.0371460764 |
| Av. Remun. £000 / Empl. | 68 | 77 | 81 | 86 | 86.4166666666667 |
| Total Empl. Remu. £000 | 1361 | 1232 | 1059 | 1037 | 1049.2417255075 |
| Employees | 20 | 16 | 13 | 12 | 12.1416593115622 |
| Pretax Profit/Total Assets % | -3 | -1 | 23 | 15 | 18 |
Company Summary
- The Plimsoll Chart is high and rising indicating an improvement in financial strength, but below the industry average.
- Total Sales have increased by 9.4% in the latest year, well above the industry average of -1.0%.
- Sales per Employee is £902,000 which is well above the industry average of £366,000.
- The average salary is £86,000 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 22% towards the Total Sales of the company.
- The £211,000 directors fees figure disclosed significantly affects the profitability of the company.
- Shareholders received £694,000 in dividends this year, over 155% 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
- NOTE THAT SOME ACCOUNTING PERIODS ARE NOT 52 WEEKS (* INDICATES THE AFFECTED CHARTS)
- 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 60 companies listed under the Gross Profits category (see section 3.1c).
- The company is among the Top 11 Leaders in Efficiency.
Company Summary
The company currently has £10.8m sales and made £449,000, by following the proposal plan, sales would rise to £12.0m and profits would rise to £491,000.
Key Attractiveness Features
- PRIVATELY OWNED
- ADD £10.8m TO SALES
- 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-Dec-20 | 31-Dec-21 | 31-Dec-22 | 31-Dec-23 | 29-Dec-24 |
| Total Sales (£000) | 7105 | 8062 | 9888 | 10819 | 12041 |
| Pre-tax Profit (£000) | -71 | -23 | 955 | 449 | 491 |
| Total Value (£000) | 1668 | 2457 | 8150 | 5410 | 6151 |
| Asset Value (£000) | 1303 | 1447 | 2445 | 2065 | 2376 |
| Goodwill (£000) | 365 | 1010 | 5705 | 3345 | 3775 |
| Liabilities (£000) | -164 | -331 | -557 | -527 | -569 |
| Equity Value (£000) | 1504 | 2126 | 7593 | 4883 | 5582 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
STEMMER IMAGING AG (100.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
STEMMER IMAGING AB
Acquisition / Valuation Comments
This company has been established 28 years.
The number of shareholders is low (1)
The total value of the company is currently £5.4m including debts.
The equity value is high, indicating low levels of total liabilities.
The company value is small in comparison to its sales.
This company is rated HIGHLY ATTRACTIVE in terms of attractiveness.
The proposed year is based on achieving a 18% return on total assets.
The company's value would increase by 14% if the proposed business plan was followed.
The proposed plan would improve the overall financial strength of the company by 12%.
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