Book a FREE no obligation demo with one of our specialists to see how Plimsoll can help you
Book a free Demo
The change management group ltd
Registration Number
05598202Incorporation Date
20/10/2005Last Annual Return
Not availableAddress
9 Masons Yard, London, London. SW1Y 6BU
Website
www.cmg-change.comAudit Fees
Not availableSecretary
Mr Jeremy Edward Cox
Directors
Active
Ms Julia Harmon Cook (60 yrs)
Active
Mr John Lee Hoerner (85 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| ESTIMATED | ESTIMATED | ESTIMATED | ESTIMATED | ||
| 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 (Upper Estimate) | 5600 | 7900 | 9700 | 10800 | |
| Total Sales (Mid Est./ Actual) | 4700 | 6600 | 8100 | 9000 | |
| Total Sales (Lower Estimate) | 3800 | 5300 | 6500 | 7200 | |
| Directors Fees | NA | NA | NA | NA | NA |
| Gross Profits | NA | NA | NA | NA | NA |
| Value Added | NA | NA | NA | NA | NA |
| Trading Profit | NA | NA | NA | NA | NA |
| Depreciation | 6 | 18 | 14 | 22 | |
| Non-Trading Income | NA | NA | NA | NA | 0 |
| Total Interest Charges | NA | NA | NA | NA | NA |
| Pre-tax Profit | NA | NA | NA | NA | 1016 |
| Retained Profit (Shareholders Funds) | 151 | 322 | 676 | 744 | 446 |
| Fixed Assets | 7 | 26 | 30 | 24 | 29 |
| Intangibles | 0 | 0 | 0 | 0 | 0 |
| Intermediate Assets | 5 | 5 | 5 | 5 | 6 |
| Stocks | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1372 | 1506 | 2739 | 3246 | 3679 |
| Cash or Equivalent | 2297 | 2303 | 2261 | 2680 | 3060 |
| Total Current Assets | 3669 | 3809 | 5000 | 5926 | 6739 |
| Creditors | 230 | 259 | 545 | 447 | 583 |
| Short Term Borrowing | 250 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 622 | 680 | 913 | 1187 | 1424 |
| Total Current Liabilities | 1102 | 939 | 1458 | 1634 | 2007 |
| Net Current Assets | 2567 | 2870 | 3542 | 4292 | 4732 |
| Shareholders Funds | 2579 | 2901 | 3577 | 4321 | 4767 |
| Total Loan Capital | 0 | 0 | 0 | 0 | 0 |
| Other Capital Employed | 0 | 0 | 0 | 0 | 0 |
| Total Capital Employed | 2579 | 2901 | 3577 | 4321 | 4767 |
| Retained Profit Margin % | 3.21 | 4.88 | 8.35 | 8.27 | 9.96 |
| Sales Growth % | 21 | 40 | 23 | 11 | 13 |
| Retained Profit Growth % | 23 | 113 | 110 | 10 | -40.05 |
| Debtor Ratio Days | 106 | 83 | 123 | 131 | 131.282666666667 |
| Creditor Ratio Days | 18 | 14 | 24 | 18 | 20.7904666666667 |
| Stock Turnover | NA | NA | NA | NA | NA |
| Sales £000 / Employee | NA | NA | NA | NA | NA |
| Value Added £000/Empl. | NA | NA | NA | NA | NA |
| Av. Remun. £000 / Empl. | NA | NA | NA | NA | NA |
| Total Empl. Remu. £000 | NA | NA | NA | NA | NA |
| Employees | 25 | 30 | 34 | 30 | NA |
| Retained Profit/Total Assets % | 4 | 8 | 13 | 12 | 15 |
Company Summary
- This analysis contains ESTIMATED data as the company has filed small/modified accounts. Provide the full data and we will update it.
- SHADED FIGURES INDICATE THAT ESTIMATED DATA HAS BEEN USED.
- TOTAL SALES FOR THIS COMPANY HAVE BEEN ESTIMATED, See appendix for details.
- The Plimsoll Chart is high and rising indicating an improvement in financial strength, well above the industry average. (ESTIMATED)
Company Summary
The company currently has £9.0m sales and made £744,000, by following the proposal plan, sales would rise to £10.2m and retained profits would fall to £446,000.
Key Attractiveness Features
- PRIVATELY OWNED
- FEW DIRECTORS
- HIGH AVERAGE AGE
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 |
|||||
|---|---|---|---|---|---|
| ESTIMATED | ESTIMATED | ESTIMATED | ESTIMATED | ||
| Period Ending | 31-Dec-20 | 31-Dec-21 | 31-Dec-22 | 31-Dec-23 | 29-Dec-24 |
| Total Sales (Upper Estimate) | 5600 | 7900 | 9700 | 10800 | |
| Total Sales (Mid Est./ Actual) | 4700 | 6600 | 8100 | 9000 | |
| Total Sales (Lower Estimate) | 3800 | 5300 | 6500 | 7200 | |
| Pre-tax Profit (£000) | NA | NA | NA | NA | 1016 |
| Total Value (£000) | |||||
| Asset Value (£000) | 1384 | 1537 | 2774 | 3275 | 3714 |
| Goodwill (£000) | 639 | 1391 | 2681 | 4065 | 4354 |
| Liabilities (£000) | 1195 | 1364 | 803 | 1046 | 1053 |
| Equity Value (£000) | 3218 | 4292 | 6258 | 8386 | 9121 |
Total Value Formula (Estimated Accounts): ((Average 3 years retained profit)*7) plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
MS JULIA HARMON COOK (91.0%)
MR JOHN LEE HOERNER (9.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
CMG ACORN LTD
CMG DIGITAL LTD
REY HOUSE LTD
Acquisition / Valuation Comments
This company has been established 20 years.
The number of shareholders is low (2)
1 director is over 70 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 £7.3m 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 15% return on total assets.
Book a FREE no obligation demo with one of our specialists to see how Plimsoll can help you
Book a free Demo