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Contract embroidery ltd
Registration Number
05240645Incorporation Date
24/09/2004Last Annual Return
Not availableAddress
A & S House Fort Street, Blackburn, Lancashire. BB1 5DP
Website
www.contractembroideryservices.co.ukAudit Fees
Not availableSecretary
Not available
Directors
Active
Mr Adambhai Ahmedbhai Bhad (60 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| ESTIMATED | ESTIMATED | ESTIMATED | ESTIMATED | ||
| Period Ending | 31-Oct-21 | 31-Oct-22 | 31-Oct-23 | 31-Oct-24 | 30-Oct-25 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (Upper Estimate) | 2000 | 2000 | 2500 | 3500 | |
| Total Sales (Mid Est./ Actual) | 1700 | 1700 | 2100 | 2900 | |
| Total Sales (Lower Estimate) | 1400 | 1400 | 1700 | 2300 | |
| 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 | 126 | 143 | 1499 | 157 | |
| Non-Trading Income | NA | NA | NA | NA | 0 |
| Total Interest Charges | NA | NA | NA | NA | NA |
| Pre-tax Profit | NA | NA | NA | NA | 249 |
| Retained Profit (Shareholders Funds) | 224 | 40 | 123 | 188 | 113 |
| Fixed Assets | 574 | 652 | 708 | 714 | 857 |
| Intangibles | 39 | 39 | 39 | 39 | 47 |
| Intermediate Assets | 0 | 0 | 0 | 0 | 0 |
| Stocks | 7 | 8 | 8 | 9 | 11 |
| Debtors | 138 | 160 | 191 | 199 | 235 |
| Cash or Equivalent | 769 | 611 | 778 | 901 | 926 |
| Total Current Assets | 914 | 779 | 977 | 1109 | 1172 |
| Creditors | 39 | 49 | 35 | 19 | 26 |
| Short Term Borrowing | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 135 | 123 | 160 | 240 | 288 |
| Total Current Liabilities | 174 | 172 | 195 | 259 | 314 |
| Net Current Assets | 740 | 607 | 782 | 850 | 858 |
| Shareholders Funds | 591 | 631 | 754 | 942 | 1055 |
| Total Loan Capital | 255 | 178 | 122 | 71 | 0 |
| Other Capital Employed | 506 | 489 | 653 | 589 | 707 |
| Total Capital Employed | 1352 | 1298 | 1529 | 1602 | 1762 |
| Retained Profit Margin % | 13.18 | 2.35 | 5.86 | 6.48 | 7.28 |
| Sales Growth % | -15 | 0 | 24 | 38 | 18 |
| Retained Profit Growth % | 85 | -82 | 208 | 53 | -39.89 |
| Debtor Ratio Days | 30 | 34 | 33 | 25 | 24.9779310344828 |
| Creditor Ratio Days | 8 | 10 | 6 | 2 | 2.7425517241379 |
| Stock Turnover | 243 | 213 | 263 | 322 | 322.222222222222 |
| 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 | 56 | 53 | 47 | 61 | NA |
| Retained Profit/Total Assets % | 15 | 3 | 7 | 10 | 12 |
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 lies above the scale indicating financial strength, well above the industry average. (ESTIMATED)
- The Plimsoll Chart is falling though its height is ok. (ESTIMATED)
Company Summary
The company currently has £2.9m sales and made £188,000, by following the proposal plan, sales would rise to £3.4m and retained profits would fall to £113,000.
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-Oct-21 | 31-Oct-22 | 31-Oct-23 | 31-Oct-24 | 30-Oct-25 |
| Total Sales (Upper Estimate) | 2000 | 2000 | 2500 | 3500 | |
| Total Sales (Mid Est./ Actual) | 1700 | 1700 | 2100 | 2900 | |
| Total Sales (Lower Estimate) | 1400 | 1400 | 1700 | 2300 | |
| Pre-tax Profit (£000) | NA | NA | NA | NA | 249 |
| Total Value (£000) | |||||
| Asset Value (£000) | 758 | 859 | 946 | 961 | 1150 |
| Goodwill (£000) | 805 | 898 | 903 | 819 | 989 |
| Liabilities (£000) | -166 | -228 | -192 | -18 | -95 |
| Equity Value (£000) | 1397 | 1529 | 1657 | 1762 | 2044 |
Total Value Formula (Estimated Accounts): ((Average 3 years retained profit)*7) plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
MR ADAMBHAI AHMEDBHAI BHAD (52.0%)
MS ROSEMIN ADAM AHMED BHAD (48.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
None
Acquisition / Valuation Comments
This company has been established 21 years.
The number of shareholders is low (2)
The total value of the company is currently £1.8m 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 12% return on total assets.
The company's value would increase by 20% if the proposed business plan was followed.
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