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Istobal (uk) ltd
Registration Number
02518274Incorporation Date
04/07/1990Last Annual Return
Not availableAddress
Unit B, Mitton Mill, Stourport-On-Severn, Worcestershire. DY13 9BL
Website
www.istobal.co.ukAudit Fees
£10,000Secretary
Not available
Directors
Active
Mr Rafael Tomas Alfaro (56 yrs)
Active
Mr Christopher David Scott (41 yrs)
Active
Mr Sarp Dengizman (50 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) | 7405 | 8497 | 9849 | 10980 | 12493 |
| Directors Fees | 192 | 223 | 110 | 52 | 62 |
| Gross Profits | 3281 | 3865 | 4740 | 5094 | 5796 |
| Value Added | 2211 | 2657 | 3093 | 3320 | 3376 |
| Trading Profit | 83 | 287 | 541 | 787 | 756 |
| Depreciation | 95 | 61 | 38 | 31 | |
| Non-Trading Income | 7 | 0 | 0 | 0 | 0 |
| Total Interest Charges | 59 | 67 | 79 | 31 | 37 |
| Pre-tax Profit | -64 | 159 | 424 | 725 | 682 |
| Retained Profit (Shareholders Funds) | -64 | 169 | 158 | 509 | 435 |
| Fixed Assets | 139 | 88 | 55 | 33 | 40 |
| Intangibles | 0 | 0 | 0 | 0 | 0 |
| Intermediate Assets | 0 | 0 | 0 | 0 | 0 |
| Stocks | 1723 | 1727 | 1547 | 1273 | 1448 |
| Debtors | 1348 | 1780 | 2456 | 2166 | 2464 |
| Cash or Equivalent | 3206 | 3163 | 1892 | 2821 | 918 |
| Total Current Assets | 6277 | 6670 | 5895 | 6260 | 4830 |
| Creditors | 192 | 301 | 268 | 154 | 202 |
| Short Term Borrowing | 3761 | 3385 | 2239 | 2162 | 0 |
| Other Current Liabilities | 575 | 610 | 1086 | 1110 | 1332 |
| Total Current Liabilities | 4528 | 4296 | 3593 | 3426 | 1534 |
| Net Current Assets | 1749 | 2374 | 2302 | 2834 | 3296 |
| Shareholders Funds | 1862 | 2031 | 2189 | 2698 | 3133 |
| Total Loan Capital | 0 | 294 | 0 | 0 | 0 |
| Other Capital Employed | 26 | 137 | 168 | 169 | 203 |
| Total Capital Employed | 1888 | 2462 | 2357 | 2867 | 3336 |
| Pretax Profit Margin % | -0.86 | 1.87 | 4.31 | 6.6 | 5.46 |
| Sales Growth % | NA | 15 | 16 | 11 | 14 |
| Pretax Profit Growth % | NA | 348 | 167 | 71 | -5.93 |
| Debtor Ratio Days | 66 | 76 | 91 | 72 | 71.8054644808743 |
| Creditor Ratio Days | 9 | 13 | 10 | 5 | 5.8710746812386 |
| Stock Turnover | 4 | 5 | 6 | 9 | 8.6252945797329 |
| Sales £000 / Employee | 135 | 144 | 156 | 174 | 191.714285714285 |
| Value Added £000/Empl. | 40 | 45 | 49 | 53 | 51.8069877984211 |
| Av. Remun. £000 / Empl. | 39 | 40 | 41 | 40 | 40.2063492063492 |
| Total Empl. Remu. £000 | 2128 | 2370 | 2552 | 2533 | 2620.0449145737 |
| Employees | 55 | 59 | 63 | 63 | 65.1649544485366 |
| Pretax Profit/Total Assets % | -1 | 2 | 7 | 12 | 14 |
Company Summary
- The Plimsoll Chart is high and rising indicating an improvement in financial strength, in line with the industry average.
- Gross Profit Margin is 46.4% in the latest year, well above the industry average of 29.9%.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- Pretax Profit Margin has markedly improved from 4.3% to 6.6% in the latest year.
- The £52,000 directors fees figure disclosed significantly affects the profitability of the company.
- Shareholders received £221,000 in dividends this year, over 30% 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 among the Top 4 companies listed as a Best Trading Partner (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 50 companies listed under the Pretax Profit Return on Total Assets category (see section 3.4c).
- The company is among the Top 7 in terms of Pretax Profit Return on Owners Funds.
- The company is among the Top 61 companies listed under the Pretax Profits category (see section 3.2c).
Company Summary
The company currently has £11.0m sales and made £725,000, by following the proposal plan, sales would rise to £12.5m and profits would fall to £682,000.
Key Attractiveness Features
- PRIVATELY OWNED
- ADD £11.0m 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-21 | 31-Dec-22 | 31-Dec-23 | 31-Dec-24 | 30-Dec-25 |
| Total Sales (£000) | 7405 | 8497 | 9849 | 10980 | 12493 |
| Pre-tax Profit (£000) | -64 | 159 | 424 | 725 | 682 |
| Total Value (£000) | 4110 | 5840 | 7123 | 7512 | 7857 |
| Asset Value (£000) | 3210 | 3595 | 4058 | 3472 | 3952 |
| Goodwill (£000) | 900 | 2245 | 3065 | 4040 | 3905 |
| Liabilities (£000) | -1348 | -1564 | -1869 | -774 | -819 |
| Equity Value (£000) | 2762 | 4276 | 5254 | 6738 | 7038 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
ISTOBAL SA (85.0%)
MR SARP DENGIZMAN (15.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
ISTOBAL RENTAL SERVICES LTD
Acquisition / Valuation Comments
This company has been established 35 years.
The number of shareholders is low (2)
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 £7.5m including debts.
The equity value is high, indicating low levels of total liabilities.
The proposed year is based on achieving a 14% return on total assets.
The proposed plan would improve the overall financial strength of the company by 73%.
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