Book a FREE no obligation demo with one of our specialists to see how Plimsoll can help you
Book a free Demo
Bal global finance (uk) ltd
Registration Number
02488161Incorporation Date
02/04/1990Last Annual Return
Not availableAddress
2 King Edward Street, London, London. EC1A 1HQ
Website
www.bankofamerica.comAudit Fees
£76,000Secretary
MERRILL LYNCH CORPORATE SERVICES LIMITED
Directors
Active
Mr Michael Anthony Campbell (52 yrs)
Active
Mr Arun Kudhail (44 yrs)
Active
Mr Paul Frank Caskey (60 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 31-Dec-20 | 31-Dec-21 | 31-Dec-22 | 31-Dec-23 | 29-Dec-24 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (£000) | 28258 | 27517 | 29378 | 36397 | 38136 |
| Directors Fees | 155 | 162 | 186 | 193 | 193 |
| Gross Profits | 19618 | 21587 | 19888 | 16344 | 17125 |
| Value Added | 14439 | 18473 | 11488 | 7269 | 5734 |
| Trading Profit | 11448 | 15421 | 8312 | 3832 | 2460 |
| Depreciation | 2598 | 2251 | 1211 | 1018 | |
| Non-Trading Income | 0 | 0 | 0 | 0 | 0 |
| Total Interest Charges | 0 | 0 | 0 | 0 | 0 |
| Pre-tax Profit | 8850 | 13170 | 7101 | 2814 | 1544 |
| Retained Profit (Shareholders Funds) | 7322 | 12279 | 5974 | 2121 | 1688 |
| Fixed Assets | 15628 | 7282 | 5266 | 4248 | 4036 |
| Intangibles | 0 | 0 | 0 | 0 | 0 |
| Intermediate Assets | 2546 | 2546 | 2546 | 2546 | 2419 |
| Stocks | 0 | 0 | 0 | 0 | 0 |
| Debtors | 4045 | 699 | 67206 | 400 | 356 |
| Cash or Equivalent | 829992 | 1059670 | 831886 | 797527 | 147560 |
| Total Current Assets | 834037 | 1060369 | 899092 | 797927 | 147916 |
| Creditors | 21563 | 7272 | 6744 | 2891 | 3484 |
| Short Term Borrowing | 457165 | 671698 | 547188 | 501720 | 0 |
| Other Current Liabilities | 10695 | 9724 | 4187 | 2537 | 2537 |
| Total Current Liabilities | 489423 | 688694 | 558119 | 507148 | 6021 |
| Net Current Assets | 344614 | 371675 | 340973 | 290779 | 141895 |
| Shareholders Funds | 126288 | 138567 | 144541 | 146662 | 148350 |
| Total Loan Capital | 236500 | 242936 | 204244 | 150911 | 0 |
| Other Capital Employed | 0 | 0 | 0 | 0 | 0 |
| Total Capital Employed | 362788 | 381503 | 348785 | 297573 | 148350 |
| Pretax Profit Margin % | 31.32 | 47.86 | 24.17 | 7.73 | 4.05 |
| Sales Growth % | 0 | -3 | 7 | 24 | 5 |
| Pretax Profit Growth % | -30 | 49 | -46 | -60 | -45.00 |
| Debtor Ratio Days | 52 | 9 | 833 | 4 | 3.4002802428772 |
| Creditor Ratio Days | 278 | 96 | 84 | 29 | 33.2492403220045 |
| Stock Turnover | NA | NA | NA | NA | NA |
| Sales £000 / Employee | 974 | 983 | 1049 | 1213 | 1334.55666666666 |
| Value Added £000/Empl. | 498 | 660 | 410 | 242 | 200.658394679107 |
| Av. Remun. £000 / Empl. | 103 | 109 | 113 | 115 | 114.566666666667 |
| Total Empl. Remu. £000 | 2991 | 3052 | 3176 | 3437 | 3273.84890982122 |
| Employees | 29 | 28 | 28 | 30 | 28.5759288026291 |
| Pretax Profit/Total Assets % | 1 | 1 | 1 | 0 | 1 |
Company Summary
- The Plimsoll Chart is high and rising indicating an improvement in financial strength.
- Sales per Employee is £1.2m which is well above the industry average of £378,000.
- The average salary is £115,000 which is well above the industry average of £69,000.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- The formal debt of the company is high, representing 1793% of Total Sales.
- The company is among the Top 4 companies listed as a Best Trading Partner (see section 1c).
- The company is among the Top 10 Leaders in Efficiency.
- The company is among the Top 38 companies listed under the Pretax Profits category (see section 3.2c).
Company Summary
The company currently has £36.4m sales and made £2.8m, by following the proposal plan, sales would be level and profits would fall to £1.5m.
Key Attractiveness Features
- PRIVATELY OWNED
- ADD £36.4m 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 | 31-Dec-20 | 31-Dec-21 | 31-Dec-22 | 31-Dec-23 | 29-Dec-24 |
| Total Sales (£000) | 28258 | 27517 | 29378 | 36397 | 38136 |
| Pre-tax Profit (£000) | 8850 | 13170 | 7101 | 2814 | 1544 |
| Total Value (£000) | 67244 | 77187 | 111453 | 22229 | 15496 |
| Asset Value (£000) | 22219 | 10527 | 75018 | 7194 | 6811 |
| Goodwill (£000) | 45025 | 66660 | 36435 | 15035 | 8685 |
| Liabilities (£000) | 104069 | 128040 | 69523 | 139468 | 141539 |
| Equity Value (£000) | 171313 | 205227 | 180976 | 161697 | 157035 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
BANC OF AMERICA FSC HOLDINGS, INC. (100.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
BAL GLOBAL FINANCE (DEUTSCHLAND) GMBH
Acquisition / Valuation Comments
This company has been established 35 years.
The number of shareholders is low (1)
The total value of the company is currently £22.2m including debts.
The equity value is high, indicating low levels of total liabilities.
The proposed year is based on achieving a 1% return on total assets.
The proposed plan would improve the overall financial strength of the company by 242%.
Book a FREE no obligation demo with one of our specialists to see how Plimsoll can help you
Book a free Demo