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Ea-rs solutions ltd
Registration Number
03543850Incorporation Date
09/04/1998Last Annual Return
Not availableAddress
4 Swanbridge Industrial Park, Black Croft Road, Witham, Essex. CM8 3YN
Website
www.ccssltd.co.ukAudit Fees
£26,000Secretary
Not available
Directors
Active
Ms Paula Elizabeth Miller (53 yrs)
Active
Mr Mark Leonard Wheeler (50 yrs)
Active
Mr Alan John Wheal (57 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 30-Sep-21 | 30-Sep-22 | 30-Sep-23 | 30-Sep-24 | 29-Sep-25 |
| Weeks | 43 | 52 | 52 | 52 | 52 |
| Total Sales (£000) | 11245 | 14556 | 15069 | 18778 | 19702 |
| Directors Fees | 129 | 91 | 68 | 0 | 0 |
| Gross Profits | 3676 | 4413 | 4295 | 5154 | 5408 |
| Value Added | 3820 | 4707 | 4870 | 6154 | 6194 |
| Trading Profit | 928 | 836 | 357 | 823 | 1109 |
| Depreciation | 127 | 121 | 73 | 65 | |
| Non-Trading Income | 0 | 0 | 0 | 0 | 0 |
| Total Interest Charges | 12 | 11 | 10 | 3 | 3 |
| Pre-tax Profit | 789 | 704 | 274 | 755 | 1047 |
| Retained Profit (Shareholders Funds) | 867 | 781 | 639 | 690 | 453 |
| Fixed Assets | 742 | 603 | 503 | 481 | 457 |
| Intangibles | 0 | 0 | 0 | 0 | 0 |
| Intermediate Assets | 0 | 0 | 0 | 0 | 0 |
| Stocks | 277 | 365 | 550 | 734 | 642 |
| Debtors | 2028 | 2924 | 2724 | 2291 | 2043 |
| Cash or Equivalent | 4654 | 3866 | 3564 | 4437 | 5580 |
| Total Current Assets | 6959 | 7155 | 6838 | 7462 | 8265 |
| Creditors | 1679 | 2541 | 1636 | 1578 | 1904 |
| Short Term Borrowing | 1322 | 74 | 11 | 0 | 0 |
| Other Current Liabilities | 1055 | 850 | 821 | 814 | 814 |
| Total Current Liabilities | 4056 | 3465 | 2468 | 2392 | 2718 |
| Net Current Assets | 2903 | 3690 | 4370 | 5070 | 5547 |
| Shareholders Funds | 3428 | 4209 | 4848 | 5538 | 5991 |
| Total Loan Capital | 86 | 11 | 0 | 0 | 0 |
| Other Capital Employed | 131 | 74 | 26 | 13 | 13 |
| Total Capital Employed | 3645 | 4294 | 4874 | 5551 | 6004 |
| Pretax Profit Margin % | 7.02 | 4.84 | 1.82 | 4.02 | 5.31 |
| Sales Growth % | NA | 29 | 4 | 25 | 5 |
| Pretax Profit Growth % | NA | -11 | -61 | 176 | 39.00 |
| Debtor Ratio Days | 54 | 73 | 66 | 44 | 37.7481840451592 |
| Creditor Ratio Days | 45 | 64 | 40 | 31 | 35.176845244435 |
| Stock Turnover | 41 | 40 | 27 | 26 | 30.699727520436 |
| Sales £000 / Employee | 112 | 132 | 127 | 136 | 149.679710144928 |
| Value Added £000/Empl. | 38 | 43 | 41 | 45 | 47.0560412200356 |
| Av. Remun. £000 / Empl. | 29 | 35 | 38 | 39 | 38.6304347826087 |
| Total Empl. Remu. £000 | 2892 | 3871 | 4513 | 5331 | 5084.93504425099 |
| Employees | 100 | 110 | 119 | 138 | 131.630282518596 |
| Pretax Profit/Total Assets % | 10 | 9 | 4 | 10 | 12 |
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 24.6% in the latest year, well above the industry average of 4.2%.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- Pretax Profit Margin has markedly improved from 1.8% to 4.0% 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 635 companies listed under the Pretax Profits category (see section 3.2c).
Company Summary
The company currently has £18.8m sales and made £755,000, by following the proposal plan, sales would be level but profits would rise to £1.0m.
Key Attractiveness Features
- ADD £18.8m 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 | 30-Sep-21 | 30-Sep-22 | 30-Sep-23 | 30-Sep-24 | 29-Sep-25 |
| Total Sales (£000) | 11245 | 14556 | 15069 | 18778 | 19702 |
| Pre-tax Profit (£000) | 789 | 704 | 274 | 755 | 1047 |
| Total Value (£000) | 7697 | 7922 | 5537 | 7296 | 8392 |
| Asset Value (£000) | 3047 | 3892 | 3777 | 3506 | 3142 |
| Goodwill (£000) | 4650 | 4030 | 1760 | 3790 | 5250 |
| Liabilities (£000) | 381 | 316 | 1070 | 2032 | 2849 |
| Equity Value (£000) | 8078 | 8238 | 6607 | 9328 | 11241 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
EA-RS GROUP LTD (100.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
None
Acquisition / Valuation Comments
This company has been established 27 years.
The number of shareholders is low (1)
The total value of the company is currently £7.3m including debts.
The equity value is high, indicating low levels of total liabilities.
The company value is small in comparison to its sales.
The proposed year is based on achieving a 12% return on total assets.
The company's value would increase by 15% if the proposed business plan was followed.
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