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Warpaint london plc
Registration Number
10261717Incorporation Date
04/07/2016Last Annual Return
Not availableAddress
Units B&C Orbital Forty Six, The Ridgeway Trading Estate, Iver, Buckinghamshire. SL0 9HW
Website
www.warpaintlondonplc.comAudit Fees
£333,000Secretary
Ms Sally Ann Craig
Directors
Active
Mr Samuel Bazini (62 yrs)
Active
Ms Sharon Mary Daly (50 yrs)
Active
Mr Paul George Hagon (61 yrs)
Active
Mr Neil Rodol (62 yrs)
Active
Ms Sally Ann Craig (64 yrs)
Active
Mr Clive Richard Garston (80 yrs)
Active
Mr Eoin MacLeod (62 yrs)
Active
Mr Keith John Sadler (66 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) | 50003 | 64058 | 89590 | 101607 | 117962 |
| Directors Fees | 882 | 1010 | 1377 | 1648 | 1978 |
| Gross Profits | 16908 | 23334 | 35733 | 41868 | 48607 |
| Value Added | 11029 | 16635 | 27258 | 34257 | 45272 |
| Trading Profit | 5154 | 9693 | 19143 | 24920 | 35418 |
| Depreciation | 1339 | 1726 | 662 | 934 | |
| Non-Trading Income | 0 | 4 | 6 | 116 | 0 |
| Total Interest Charges | 90 | 281 | 369 | 341 | 409 |
| Pre-tax Profit | 3725 | 7690 | 18118 | 23761 | 33888 |
| Retained Profit (Shareholders Funds) | -1217 | 1626 | 9026 | 26489 | 14257 |
| Fixed Assets | 4458 | 7091 | 1245 | 2527 | 3032 |
| Intangibles | 9534 | 7551 | 12647 | 11437 | 13724 |
| Intermediate Assets | 500 | 429 | 592 | 568 | 682 |
| Stocks | 18139 | 18715 | 27963 | 31192 | 36213 |
| Debtors | 8689 | 9865 | 10868 | 13477 | 15646 |
| Cash or Equivalent | 6250 | 7701 | 11714 | 26359 | 33394 |
| Total Current Assets | 33078 | 36281 | 50545 | 71028 | 85253 |
| Creditors | 1847 | 1368 | 1892 | 3119 | 4164 |
| Short Term Borrowing | 610 | 1015 | 0 | 0 | 0 |
| Other Current Liabilities | 5866 | 6163 | 11962 | 5837 | 7004 |
| Total Current Liabilities | 8323 | 8546 | 13854 | 8956 | 11168 |
| Net Current Assets | 24755 | 27735 | 36691 | 62072 | 74085 |
| Shareholders Funds | 36153 | 37779 | 46805 | 73294 | 87551 |
| Total Loan Capital | 2537 | 4847 | 0 | 0 | 0 |
| Other Capital Employed | 557 | 180 | 4370 | 3310 | 3972 |
| Total Capital Employed | 39247 | 42806 | 51175 | 76604 | 91523 |
| Pretax Profit Margin % | 7.45 | 12 | 20.22 | 23.39 | 28.73 |
| Sales Growth % | 24 | 28 | 40 | 13 | 16 |
| Pretax Profit Growth % | 434 | 106 | 136 | 31 | 42.62 |
| Debtor Ratio Days | 63 | 56 | 44 | 48 | 48.2804137510211 |
| Creditor Ratio Days | 13 | 8 | 8 | 11 | 12.8496402806894 |
| Stock Turnover | 3 | 3 | 3 | 3 | 3.2574698640677 |
| Sales £000 / Employee | 443 | 512 | 635 | 656 | 721.081935483871 |
| Value Added £000/Empl. | 98 | 133 | 193 | 221 | 276.740956673563 |
| Av. Remun. £000 / Empl. | 52 | 56 | 58 | 60 | 60.2387096774194 |
| Total Empl. Remu. £000 | 5875 | 6942 | 8115 | 9337 | 9854.43895727 |
| Employees | 113 | 125 | 141 | 155 | 163.58980811576 |
| Pretax Profit/Total Assets % | 8 | 15 | 28 | 28 | 33 |
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 13.4% in the latest year, well above the industry average of 5.3%.
- The company lies an excellent 3rd in terms of Pretax Profits in this industry.
- Gross Profit Margin is 41.2% in the latest year, well above the industry average of 34.2%.
- Sales per Employee is £656,000 which is well above the industry average of £305,000.
- The average salary is £60,000 which is well above the industry average of £46,000.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- Exports contribute 66% towards the Total Sales of the company.
- The company has consistently improved pretax profits over the last 4 years.Only 11 other companies achieved this.
- Pretax Profit Margin is 23.4% in the latest year, well above the industry average of 3.7%.
- Shareholders received £7.4m in dividends this year, over 31% 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 16 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).
Company Summary
The company currently has £102m sales and made £23.8m, by following the proposal plan, sales would rise to £118m and profits would rise to £33.9m.
Key Attractiveness Features
- PRIVATELY OWNED
- ADD £102m TO SALES
- ATTRACTIVE RATING
- ATTRACTIVE PRICE
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) | 50003 | 64058 | 89590 | 101607 | 117962 |
| Pre-tax Profit (£000) | 3725 | 7690 | 18118 | 23761 | 33888 |
| Total Value (£000) | 64805 | 88536 | 152605 | 187371 | 250672 |
| Asset Value (£000) | 41320 | 43651 | 53315 | 59201 | 69297 |
| Goodwill (£000) | 23485 | 44885 | 99290 | 128170 | 181375 |
| Liabilities (£000) | -5167 | -5872 | -6510 | 14093 | 18254 |
| Equity Value (£000) | 59638 | 82664 | 146095 | 201464 | 268926 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
MR EOIN MACLEOD
MR SAMUEL BAZINI
SCHRODER INVESTMENT MANAGEMENT LTD
JPMORGAN ASSET MANAGEMENT (UK) LTD
Immediate Shareholder: See Shareholders
Subsidiaries
BEAUTE SALES EU LTD
RETRA HOLDINGS LTD
TREASURED SCENTS (2014) LTD
WARPAINT COSMETICS (ROI) LTD
WARPAINT COSMETICS GROUP LTD
WARPAINT COSMETICS INC
BADGEQUO HONG KONG LTD
BADGEQUO LTD
JINHUA BADGEQUO COSMETICS TRADING CO LTD
MARVIN LEEDS MARKETING SERVICES INC.
Acquisition / Valuation Comments
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 £187.4m 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 33% return on total assets.
The company's value would increase by 34% if the proposed business plan was followed.
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