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Bie executive ltd
Registration Number
07176911Incorporation Date
03/03/2010Last Annual Return
Not availableAddress
1 George Yard, London, London. EC3V 9DF
Website
www.bie-executive.comAudit Fees
£56,000Secretary
Mr Robert Patrick Graham Knight
Directors
Active
Mr Simon Peter John Cordrey (46 yrs)
Active
Mr Simon Charles Moore (48 yrs)
Active
Claire Paramo (50 yrs)
Active
Mr Gordon Gillies Whyte (54 yrs)
Active
Mr Robert Patrick Graham Knight (50 yrs)
Active
Ms Emma-Claire Moreton (53 yrs)
Active
Mr Byron Lance Tarboton (45 yrs)
Active
Mr James Alexander John Wilson (35 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 31-Mar-21 | 31-Mar-22 | 31-Mar-23 | 31-Mar-24 | 30-Mar-25 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (£000) | 23191 | 25402 | 31546 | 38799 | 40583 |
| Directors Fees | 1580 | 3296 | 2662 | 2790 | 2790 |
| Gross Profits | 5522 | 7558 | 8945 | 10310 | 10784 |
| Value Added | 4490 | 6389 | 7462 | 8587 | 8786 |
| Trading Profit | 254 | 164 | 396 | 641 | 1230 |
| Depreciation | 50 | 43 | 64 | 65 | |
| Non-Trading Income | 0 | 0 | 0 | 0 | 0 |
| Total Interest Charges | 65 | 25 | 10 | 20 | 18 |
| Pre-tax Profit | 139 | 96 | 322 | 556 | 1153 |
| Retained Profit (Shareholders Funds) | 78 | 98 | -575 | 380 | 334 |
| Fixed Assets | 145 | 163 | 222 | 181 | 172 |
| Intangibles | 0 | 0 | 9 | 61 | 58 |
| Intermediate Assets | 0 | 0 | 0 | 0 | 0 |
| Stocks | 0 | 0 | 0 | 0 | 0 |
| Debtors | 3636 | 4517 | 4882 | 5890 | 5237 |
| Cash or Equivalent | 5846 | 6165 | 5698 | 5318 | 6061 |
| Total Current Assets | 9482 | 10682 | 10580 | 11208 | 11298 |
| Creditors | 2220 | 2461 | 2978 | 2642 | 3178 |
| Short Term Borrowing | 785 | 792 | 792 | 792 | 0 |
| Other Current Liabilities | 1707 | 2579 | 2566 | 3164 | 3164 |
| Total Current Liabilities | 4712 | 5832 | 6336 | 6598 | 6342 |
| Net Current Assets | 4770 | 4850 | 4244 | 4610 | 4956 |
| Shareholders Funds | 4915 | 5013 | 4438 | 4818 | 5152 |
| Total Loan Capital | 0 | 0 | 0 | 0 | 0 |
| Other Capital Employed | 0 | 0 | 36 | 34 | 34 |
| Total Capital Employed | 4915 | 5013 | 4474 | 4852 | 5186 |
| Pretax Profit Margin % | 0.6 | 0.38 | 1.02 | 1.43 | 2.84 |
| Sales Growth % | -29 | 10 | 24 | 23 | 5 |
| Pretax Profit Growth % | -76 | -31 | 235 | 73 | 107.00 |
| Debtor Ratio Days | 57 | 65 | 56 | 55 | 46.9694064280007 |
| Creditor Ratio Days | 35 | 35 | 34 | 25 | 28.5043738240677 |
| Stock Turnover | NA | NA | NA | NA | NA |
| Sales £000 / Employee | 703 | 620 | 657 | 761 | 836.841176470588 |
| Value Added £000/Empl. | 136 | 156 | 155 | 168 | 181.171055651248 |
| Av. Remun. £000 / Empl. | 128 | 152 | 147 | 156 | 155.803921568627 |
| Total Empl. Remu. £000 | 4236 | 6225 | 7066 | 7946 | 7555.80547886778 |
| Employees | 33 | 41 | 48 | 51 | 48.4956052633096 |
| Pretax Profit/Total Assets % | 1 | 1 | 3 | 5 | 10 |
Company Summary
- The Plimsoll Chart is high and rising indicating an improvement in financial strength, but below the industry average.
- Total Sales have increased by 23.0% in the latest year, well above the industry average of -4.3%.
- Sales per Employee is £761,000 which is well above the industry average of £262,000.
- The average salary is £156,000 which is well above the industry average of £84,000.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- Pretax Profit Margin has markedly improved from 1.0% to 1.4% in the latest year.
- The £2.8m directors fees figure disclosed significantly affects the profitability of the company.
- The company is among the Top 9 companies listed as a Best Trading Partner (see section 1c).
- The company is among the Top 42 Leaders in Efficiency.
- 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 153 companies listed under the Pretax Profits category (see section 3.2c).
Company Summary
The company currently has £38.8m sales and made £556,000, by following the proposal plan, sales would be level but profits would rise to £1.2m.
Key Attractiveness Features
- ADD £38.8m TO SALES
- HIGH DIRS FEES
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-Mar-21 | 31-Mar-22 | 31-Mar-23 | 31-Mar-24 | 30-Mar-25 |
| Total Sales (£000) | 23191 | 25402 | 31546 | 38799 | 40583 |
| Pre-tax Profit (£000) | 139 | 96 | 322 | 556 | 1153 |
| Total Value (£000) | 12701 | 21765 | 20083 | 22962 | 25272 |
| Asset Value (£000) | 3781 | 4680 | 5113 | 6132 | 5467 |
| Goodwill (£000) | 8920 | 17085 | 14970 | 16830 | 19805 |
| Liabilities (£000) | 1134 | 333 | -674 | -1314 | -315 |
| Equity Value (£000) | 13835 | 22098 | 19409 | 21648 | 24957 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
BIE TOPCO LTD (100.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
BIE INTERIM LTD
BIE SEARCH LTD
Acquisition / Valuation Comments
This company has been established 15 years.
The number of shareholders is low (1)
1 director is under 40 years of age.
The total value of the company is currently £23.0m 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 10% return on total assets.
The company's value would increase by 10% if the proposed business plan was followed.
The proposed plan would improve the overall financial strength of the company by 18%.
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