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Crew clothing co. Ltd
Registration Number
03265824Incorporation Date
18/10/1996Last Annual Return
Not availableAddress
The Drapery Kingston Hall Road, Kingston Upon Thames, Surrey. KT1 2BQ
Website
www.crewclothing.co.ukAudit Fees
£68,000Secretary
Not available
Directors
Active
Mr Ryan Fox (43 yrs)
Active
Menoshi Shina (64 yrs)
Active
Ms Sheila Marie Geraghty (67 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 27-Dec-20 | 26-Dec-21 | 25-Dec-22 | 31-Dec-23 | 06-Jan-25 |
| Weeks | 52 | 52 | 52 | 53 | 53 |
| Total Sales (£000) | 59264 | 82728 | 101315 | 117164 | 138254 |
| Directors Fees | 274 | 307 | 388 | 208 | 250 |
| Gross Profits | 38317 | 54420 | 62357 | 72745 | 85839 |
| Value Added | 20151 | 30999 | 29956 | 36011 | 40746 |
| Trading Profit | 8321 | 17327 | 13059 | 17981 | 21405 |
| Depreciation | 1653 | 196 | 1905 | 2472 | |
| Non-Trading Income | 0 | 0 | 0 | 141 | 0 |
| Total Interest Charges | 8 | 19 | 104 | 171 | 205 |
| Pre-tax Profit | 6660 | 17112 | 11050 | 15479 | 18234 |
| Retained Profit (Shareholders Funds) | -12539 | 13932 | 8784 | 11201 | 9287 |
| Fixed Assets | 2619 | 3611 | 5565 | 6528 | 7834 |
| Intangibles | 0 | 0 | 0 | 0 | 0 |
| Intermediate Assets | 0 | 0 | 0 | 0 | 0 |
| Stocks | 18341 | 19939 | 22324 | 20007 | 23608 |
| Debtors | 2771 | 6947 | 5560 | 8317 | 9814 |
| Cash or Equivalent | 15392 | 28727 | 32601 | 40797 | 31680 |
| Total Current Assets | 36504 | 55613 | 60485 | 69121 | 65102 |
| Creditors | 4844 | 5123 | 5773 | 5655 | 7674 |
| Short Term Borrowing | 16311 | 18433 | 18809 | 16303 | 0 |
| Other Current Liabilities | 9430 | 13182 | 9687 | 9932 | 11918 |
| Total Current Liabilities | 30585 | 36738 | 34269 | 31890 | 19592 |
| Net Current Assets | 5919 | 18875 | 26216 | 37231 | 45510 |
| Shareholders Funds | 8352 | 22284 | 31068 | 42269 | 51556 |
| Total Loan Capital | 0 | 0 | 0 | 0 | 0 |
| Other Capital Employed | 186 | 202 | 713 | 1490 | 1788 |
| Total Capital Employed | 8538 | 22486 | 31781 | 43759 | 53344 |
| Pretax Profit Margin % | 11.24 | 20.68 | 10.91 | 13.21 | 13.19 |
| Sales Growth % | -28 | 40 | 22 | 16 | 18 |
| Pretax Profit Growth % | -38 | 157 | -35 | 40 | 17.80 |
| Debtor Ratio Days | 17 | 31 | 20 | 26 | 26.3357942712779 |
| Creditor Ratio Days | 30 | 23 | 21 | 18 | 20.592551893073 |
| Stock Turnover | 3 | 4 | 5 | 6 | 5.8561503473784 |
| Sales £000 / Employee | 88 | 119 | 124 | 138 | 152.161038961039 |
| Value Added £000/Empl. | 30 | 44 | 37 | 43 | 44.8448162007484 |
| Av. Remun. £000 / Empl. | 18 | 20 | 21 | 21 | 21.2868949232586 |
| Total Empl. Remu. £000 | 11830 | 13672 | 16897 | 18030 | 19341.2727272728 |
| Employees | 674 | 698 | 818 | 847 | 908.600000000001 |
| Pretax Profit/Total Assets % | 17 | 29 | 17 | 20 | 25 |
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 15.6% in the latest year, well above the industry average of -4.1%.
- Gross Profit Margin is 62.1% in the latest year, well above the industry average of 49.1%.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- Pretax Profit Margin is 13.2% in the latest year, well above the industry average of 1.2%.
- Pretax Profit Margin has markedly improved from 10.9% to 13.2% in the latest year.
- 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 4 companies listed as a Best Trading Partner (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 13 in terms of Trading Profits.
- 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 10 in terms of Pretax Profit Return on Owners Funds.
Company Summary
The company currently has £117m sales and made £15.5m, by following the proposal plan, sales would rise to £138m and profits would rise to £18.2m.
Key Attractiveness Features
- ADD £117m TO SALES
- 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 | 27-Dec-20 | 26-Dec-21 | 25-Dec-22 | 31-Dec-23 | 06-Jan-25 |
| Total Sales (£000) | 59264 | 82728 | 101315 | 117164 | 138254 |
| Pre-tax Profit (£000) | 6660 | 17112 | 11050 | 15479 | 18234 |
| Total Value (£000) | 58441 | 117687 | 91159 | 113437 | 134701 |
| Asset Value (£000) | 23731 | 30497 | 33449 | 34852 | 41256 |
| Goodwill (£000) | 34710 | 87190 | 57710 | 78585 | 93445 |
| Liabilities (£000) | -15379 | -8213 | -2381 | 7417 | 10300 |
| Equity Value (£000) | 43062 | 109474 | 88778 | 120854 | 145001 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
CREW CLOTHING HOLDINGS LTD (100.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
None
Acquisition / Valuation Comments
This company has been established 29 years.
The number of shareholders is low (1)
2 directors are over 60 years of age.
The total value of the company is currently £113.4m including debts.
The equity value is high, indicating low levels of total liabilities.
The proposed year is based on achieving a 25% return on total assets.
The company's value would increase by 19% if the proposed business plan was followed.
The proposed plan would improve the overall financial strength of the company by 57%.
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