Book a FREE no obligation demo with one of our specialists to see how Plimsoll can help you
Book a free Demo
Millbrook group ltd
Registration Number
01728009Incorporation Date
01/06/1983Last Annual Return
Not availableAddress
Nutsey Lane, Totton, Southampton, Hampshire. SO40 3XJ
Website
www.cemex.co.ukAudit Fees
£44,000Secretary
Mr Paul Alexander James Croll
Directors
Active
Mr Mark Edward Croll (55 yrs)
Active
Mr Paul Alexander James Croll (52 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 30-Jun-20 | 30-Jun-21 | 30-Jun-22 | 31-Dec-23 | 30-Jun-25 |
| Weeks | 52 | 52 | 52 | 78 | 78 |
| Total Sales (£000) | 31255 | 25135 | 31391 | 41230 | 48651 |
| Directors Fees | 1994 | 1566 | 2462 | 4844 | 5813 |
| Gross Profits | 14234 | 10854 | 14039 | 14213 | 16771 |
| Value Added | 14256 | 11570 | 14094 | 18814 | 24697 |
| Trading Profit | 6490 | 4469 | 6603 | 12317 | 17727 |
| Depreciation | 495 | 422 | 447 | 248 | |
| Non-Trading Income | 0 | 0 | 1 | 87 | 0 |
| Total Interest Charges | 0 | 0 | 0 | 0 | 0 |
| Pre-tax Profit | 5995 | 4047 | 6157 | 12156 | 17429 |
| Retained Profit (Shareholders Funds) | 2924 | -955 | 3970 | -5245 | 7294 |
| Fixed Assets | 2424 | 1988 | 1765 | 51 | 61 |
| Intangibles | 17 | 22 | 40 | 0 | 0 |
| Intermediate Assets | 23 | 23 | 23 | 23 | 28 |
| Stocks | 1417 | 1658 | 823 | 0 | 0 |
| Debtors | 6852 | 3667 | 6828 | 3694 | 4359 |
| Cash or Equivalent | 5152 | 5744 | 11134 | 7137 | 12981 |
| Total Current Assets | 13421 | 11069 | 18785 | 10831 | 17340 |
| Creditors | 966 | 1050 | 1086 | 103 | 140 |
| Short Term Borrowing | 1313 | 2074 | 2300 | 1393 | 0 |
| Other Current Liabilities | 4791 | 2088 | 5335 | 2931 | 3517 |
| Total Current Liabilities | 7070 | 5212 | 8721 | 4427 | 3657 |
| Net Current Assets | 6351 | 5857 | 10064 | 6404 | 13683 |
| Shareholders Funds | 8708 | 7753 | 11723 | 6478 | 13772 |
| Total Loan Capital | 7 | 0 | 61 | 0 | 0 |
| Other Capital Employed | 100 | 137 | 108 | 0 | 0 |
| Total Capital Employed | 8815 | 7890 | 11892 | 6478 | 13772 |
| Pretax Profit Margin % | 19.18 | 16.1 | 19.61 | 29.48 | 35.82 |
| Sales Growth % | 16 | -20 | 25 | 31 | 18 |
| Pretax Profit Growth % | -19 | -32 | 52 | 97 | 43.38 |
| Debtor Ratio Days | 80 | 53 | 79 | 49 | 48.9188455008489 |
| Creditor Ratio Days | 11 | 15 | 13 | 1 | 1.5686078098472 |
| Stock Turnover | 22 | 15 | 38 | NA | NA |
| Sales £000 / Employee | 301 | 209 | 296 | 5890 | 6479 |
| Value Added £000/Empl. | 137 | 96 | 133 | 2688 | 3288.94673123487 |
| Av. Remun. £000 / Empl. | 75 | 59 | 71 | 928 | 928.142857142857 |
| Total Empl. Remu. £000 | 7766 | 7101 | 7491 | 6497 | 6969.50909090908 |
| Employees | 104 | 120 | 106 | 7 | 7.5090909090909 |
| Pretax Profit/Total Assets % | 38 | 31 | 30 | 111 | 100 |
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 31.3% in the latest year, well above the industry average of 2.8%.
- The company lies an excellent 1st in terms of Pretax Profits in this industry.
- Sales per Employee is £5.9m which is well above the industry average of £217,000.
- The average salary is £928,000 which is well above the industry average of £36,000.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- Exports contribute 10% towards the Total Sales of the company.
- Pretax Profit Margin is 29.5% in the latest year, well above the industry average of 6.1%.
- Pretax Profit Margin has markedly improved from 19.6% to 29.5% in the latest year.
- Shareholders received £14.8m in dividends this year, over 121% of the pretax profits of the company.
- Formal debt of the company has decreased by £968,000, a fall of 41%.
- 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 among the Top 3 companies listed as a Best Trading Partner (see section 1c).
Company Summary
The company currently has £41.2m sales and made £12.2m, by following the proposal plan, sales would rise to £48.7m and profits would rise to £17.4m.
Key Attractiveness Features
- ADD £41.2m 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 | 30-Jun-20 | 30-Jun-21 | 30-Jun-22 | 31-Dec-23 | 30-Jun-25 |
| Total Sales (£000) | 31255 | 25135 | 31391 | 41230 | 48651 |
| Pre-tax Profit (£000) | 5995 | 4047 | 6157 | 12156 | 17429 |
| Total Value (£000) | 50678 | 35423 | 52569 | 88333 | 120658 |
| Asset Value (£000) | 10733 | 7358 | 9479 | 3768 | 4448 |
| Goodwill (£000) | 39945 | 28065 | 43090 | 84565 | 116210 |
| Liabilities (£000) | -2025 | 395 | 2244 | 2710 | 9324 |
| Equity Value (£000) | 48653 | 35818 | 54813 | 91043 | 129982 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
MILLBROOK INDUSTRIES LTD (100.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
MILLBROOK SP. Z O.O.
Acquisition / Valuation Comments
This company has been established 42 years.
The number of shareholders is low (1)
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 £88.3m including debts.
The equity value is high, indicating low levels of total liabilities.
The proposed year is based on achieving a 100% return on total assets.
The company's value would increase by 37% if the proposed business plan was followed.
The proposed plan would improve the overall financial strength of the company by 46%.
Book a FREE no obligation demo with one of our specialists to see how Plimsoll can help you
Book a free Demo