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Adria concessionaires ltd
Registration Number
02280957Incorporation Date
27/07/1988Last Annual Return
Not availableAddress
Unit 2, Drury Drive, Sudbury, Suffolk. CO10 1WH
Website
www.adria.co.ukAudit Fees
£17,000Secretary
Not available
Directors
Active
Mr Gregor Adler (46 yrs)
Active
Mr Marko Klemencic (36 yrs)
Active
Dejan Jazbec (52 yrs)
Active
Mr Andrew Mark Taczynski (47 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 31-Aug-21 | 31-Aug-22 | 31-Aug-23 | 31-Aug-24 | 30-Aug-25 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (£000) | 49534 | 36646 | 54787 | 109811 | 129577 |
| Directors Fees | 227 | 276 | 192 | 269 | 323 |
| Gross Profits | 6856 | 5276 | 7431 | 17945 | 21175 |
| Value Added | 5823 | 4035 | 5804 | 14707 | 28060 |
| Trading Profit | 5195 | 3305 | 5125 | 13935 | 27232 |
| Depreciation | 12 | 26 | 23 | 20 | |
| Non-Trading Income | 2 | 25 | 97 | 141 | 0 |
| Total Interest Charges | 0 | 0 | 0 | 0 | 0 |
| Pre-tax Profit | 5185 | 3304 | 5199 | 14056 | 27208 |
| Retained Profit (Shareholders Funds) | 3281 | -1528 | 1385 | 6429 | 8434 |
| Fixed Assets | 44 | 54 | 40 | 26 | 31 |
| Intangibles | 0 | 0 | 6 | 0 | 0 |
| Intermediate Assets | 0 | 0 | 0 | 0 | 0 |
| Stocks | 1101 | 1425 | 2355 | 3113 | 3673 |
| Debtors | 36 | 81 | 735 | 3064 | 3616 |
| Cash or Equivalent | 6390 | 4937 | 4388 | 8173 | 15935 |
| Total Current Assets | 7527 | 6443 | 7478 | 14350 | 23224 |
| Creditors | 110 | 326 | 29 | 1214 | 1647 |
| Short Term Borrowing | 443 | 86 | 815 | 81 | 0 |
| Other Current Liabilities | 690 | 1286 | 496 | 467 | 560 |
| Total Current Liabilities | 1243 | 1698 | 1340 | 1762 | 2207 |
| Net Current Assets | 6284 | 4745 | 6138 | 12588 | 21017 |
| Shareholders Funds | 6328 | 4800 | 6185 | 12614 | 21048 |
| Total Loan Capital | 0 | 0 | 0 | 0 | 0 |
| Other Capital Employed | 0 | 0 | 0 | 0 | 0 |
| Total Capital Employed | 6328 | 4800 | 6185 | 12614 | 21048 |
| Pretax Profit Margin % | 10.47 | 9.02 | 9.49 | 12.8 | 21 |
| Sales Growth % | 96 | -26 | 50 | 100 | 18 |
| Pretax Profit Growth % | 354 | -36 | 57 | 170 | 93.57 |
| Debtor Ratio Days | 0 | 1 | 5 | 10 | 10.1565052681425 |
| Creditor Ratio Days | 1 | 3 | 0 | 4 | 4.6277731739079 |
| Stock Turnover | 45 | 26 | 23 | 35 | 35.2749759074847 |
| Sales £000 / Employee | 4953 | 3331 | 4981 | 10981 | 12079.21 |
| Value Added £000/Empl. | 582 | 367 | 528 | 1471 | 2615.76271186441 |
| Av. Remun. £000 / Empl. | 63 | 66 | 62 | 77 | 77.2 |
| Total Empl. Remu. £000 | 628 | 730 | 679 | 772 | 828.145454545453 |
| Employees | 10 | 11 | 11 | 10 | 10.7272727272727 |
| Pretax Profit/Total Assets % | 68 | 51 | 69 | 98 | 117 |
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 100.4% in the latest year, well above the industry average of 0.0%.
- The company lies an excellent 6th in terms of Total Sales in this industry. Up 11 places from last year.
- The company lies an excellent 4th in terms of Pretax Profits in this industry. Up 14 places from last year.
- Gross Profit Margin has markedly improved from 13.6% to 16.3% in the latest year.
- Sales per Employee is £11.0m which is well above the industry average of £370,000.
- The average salary is £77,000 which is well above the industry average of £34,000.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- Pretax Profit Margin is 12.8% in the latest year, well above the industry average of 5.1%.
- Pretax Profit Margin has markedly improved from 9.5% to 12.8% in the latest year.
- Shareholders received £4.1m in dividends this year, over 29% of the pretax profits of the company.
- Formal debt of the company has decreased by £734,000, a fall of 90%.
- The Trading Stability chart shows a well above 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
Company Summary
The company currently has £110m sales and made £14.1m, by following the proposal plan, sales would rise to £130m and profits would rise to £27.2m.
Key Attractiveness Features
- PRIVATELY OWNED
- ADD £110m TO SALES
- ATTRACTIVE PRICE
- 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 | 31-Aug-21 | 31-Aug-22 | 31-Aug-23 | 31-Aug-24 | 30-Aug-25 |
| Total Sales (£000) | 49534 | 36646 | 54787 | 109811 | 129577 |
| Pre-tax Profit (£000) | 5185 | 3304 | 5199 | 14056 | 27208 |
| Total Value (£000) | 28231 | 19335 | 29606 | 77123 | 144975 |
| Asset Value (£000) | 1181 | 1560 | 3136 | 6203 | 7320 |
| Goodwill (£000) | 27050 | 17775 | 26470 | 70920 | 137655 |
| Liabilities (£000) | 5147 | 3239 | 3048 | 6411 | 13728 |
| Equity Value (£000) | 33378 | 22574 | 32654 | 83534 | 158703 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
ADRIA MOBIL PROIZVODNJA, TRGOVINA IN STORITVE, D.O.O. NOVO MESTO (100.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
None
Acquisition / Valuation Comments
This company has been established 37 years.
The number of shareholders is low (1)
1 director is under 40 years of age.
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 £77.1m 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 117% return on total assets.
The company's value would increase by 88% if the proposed business plan was followed.
The proposed plan would improve the overall financial strength of the company by 32%.
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