Book a FREE no obligation demo with one of our specialists to see how Plimsoll can help you
Book a free Demo
Amiqus resolution ltd
Registration Number
SC511150Incorporation Date
20/07/2015Last Annual Return
Not availableAddress
Citypoint, 3rd Floor, 65 Haymarket Terrace, Edinburgh, Midlothian. EH12 5HD
Website
www.amiqus.coAudit Fees
Not availableSecretary
THORNTONS LAW LLP
Directors
Active
Mr Carl Battrum (48 yrs)
Active
Mr John Collington (61 yrs)
Active
Mr Simon James Gulliford (67 yrs)
Active
Mr Alastair Young (58 yrs)
Active
Ms Elaine Burgess (38 yrs)
Active
Sir Alexander Maxwell Crombie (76 yrs)
Active
Mr Callum Andrew Murray (41 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| ESTIMATED | ESTIMATED | ESTIMATED | ESTIMATED | ||
| Period Ending | 31-Jul-21 | 31-Jul-22 | 31-Jul-23 | 31-Jul-24 | 30-Jul-25 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (Upper Estimate) | 1600 | 3100 | 3600 | 6100 | |
| Total Sales (Mid Est./ Actual) | 1300 | 2600 | 3000 | 5100 | |
| Total Sales (Lower Estimate) | 1000 | 2100 | 2400 | 4100 | |
| 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 | 8 | 4 | 3 | 3 | |
| Non-Trading Income | NA | NA | NA | NA | 0 |
| Total Interest Charges | NA | NA | NA | NA | NA |
| Pre-tax Profit | NA | NA | NA | NA | 3269 |
| Retained Profit (Shareholders Funds) | -306 | 2041 | -1064 | 2100 | 1260 |
| Fixed Assets | 4 | 6 | 4 | 1 | 1 |
| Intangibles | 0 | 0 | 0 | 0 | 0 |
| Intermediate Assets | 0 | 0 | 0 | 0 | 0 |
| Stocks | 0 | 0 | 0 | 0 | 0 |
| Debtors | 190 | 317 | 462 | 323 | 381 |
| Cash or Equivalent | 506 | 2622 | 1360 | 3918 | 5158 |
| Total Current Assets | 696 | 2939 | 1822 | 4241 | 5539 |
| Creditors | 67 | 130 | 168 | 210 | 285 |
| Short Term Borrowing | 0 | 20 | 20 | 175 | 0 |
| Other Current Liabilities | 294 | 677 | 604 | 733 | 880 |
| Total Current Liabilities | 361 | 827 | 792 | 1118 | 1165 |
| Net Current Assets | 335 | 2112 | 1030 | 3123 | 4374 |
| Shareholders Funds | 38 | 2079 | 1015 | 3115 | 4375 |
| Total Loan Capital | 0 | 40 | 20 | 8 | 0 |
| Other Capital Employed | 300 | 0 | 0 | 0 | 0 |
| Total Capital Employed | 338 | 2119 | 1035 | 3123 | 4375 |
| Retained Profit Margin % | -23.54 | 78.5 | -35.47 | 41.18 | 54.32 |
| Sales Growth % | 8 | 100 | 15 | 70 | 18 |
| Retained Profit Growth % | -700 | 767 | -152 | 297 | -40.00 |
| Debtor Ratio Days | 53 | 44 | 56 | 23 | 23.0533333333333 |
| Creditor Ratio Days | 19 | 18 | 20 | 15 | 17.2364705882353 |
| 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 | 24 | 33 | 49 | 64 | NA |
| Retained Profit/Total Assets % | -44 | 69 | -58 | 50 | 59 |
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 £5.1m sales and made £2.1m, by following the proposal plan, sales would rise to £6.0m and retained profits would fall to £1.3m.
Key Attractiveness Features
- PRIVATELY OWNED
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-Jul-21 | 31-Jul-22 | 31-Jul-23 | 31-Jul-24 | 30-Jul-25 |
| Total Sales (Upper Estimate) | 1600 | 3100 | 3600 | 6100 | |
| Total Sales (Mid Est./ Actual) | 1300 | 2600 | 3000 | 5100 | |
| Total Sales (Lower Estimate) | 1000 | 2100 | 2400 | 4100 | |
| Pre-tax Profit (£000) | NA | NA | NA | NA | 3269 |
| Total Value (£000) | |||||
| Asset Value (£000) | 194 | 323 | 466 | 324 | 382 |
| Goodwill (£000) | -194 | 4167 | 1566 | 7180 | 5357 |
| Liabilities (£000) | -155 | 1755 | 548 | 2792 | 3993 |
| Equity Value (£000) | -155 | 6245 | 2580 | 10296 | 9732 |
Total Value Formula (Estimated Accounts): ((Average 3 years retained profit)*7) plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
MR CALLUM ANDREW MURRAY (26.0%)
SCOTTISH ENTERPRISE GLASGOW (15.9%)
MR BILL TONER (13.4%)
FNZ IP VENTURES LTD (5.6%)
Immediate Shareholder: See Shareholders
Subsidiaries
None
Acquisition / Valuation Comments
1 director is over 70 years of age.
1 director is under 40 years of age.
The total value of the company is currently £7.5m including debts.
The equity value is high, indicating low levels of total liabilities.
The company has a large board for its size, 7 directors.
The proposed year is based on achieving a 59% return on total assets.
The proposed plan would improve the overall financial strength of the company by 25%.
Book a FREE no obligation demo with one of our specialists to see how Plimsoll can help you
Book a free Demo