Book a FREE no obligation demo with one of our specialists to see how Plimsoll can help you
Book a free Demo
Constantine ltd
Registration Number
00948446Incorporation Date
21/02/1969Last Annual Return
Not availableAddress
20-26 Sandgate Street, London, London. SE15 1LE
Website
www.const.co.ukAudit Fees
£25,000Secretary
Mr Richard Norman Barber
Directors
Active
Mr Dominic Lovett Akers-Douglas (46 yrs)
Active
Mr Graham Charles Peck (39 yrs)
Active
Mr Nicholas Frank Twomey (39 yrs)
Active
Mr Luke Kevin Andrews
Active
Mr John David Saunders (40 yrs)
Active
Mr Paul Desmond Williamson (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) | 20698 | 20980 | 27781 | 34221 | 40381 |
| Directors Fees | 529 | 510 | 654 | 949 | 1139 |
| Gross Profits | NA | NA | NA | NA | NA |
| Value Added | 8569 | 7516 | 9610 | 13760 | 19972 |
| Trading Profit | 2001 | 1035 | 2093 | 4861 | 10426 |
| Depreciation | 1114 | 1222 | 1077 | 1016 | |
| Non-Trading Income | 8 | 371 | 802 | 2328 | 0 |
| Total Interest Charges | 46 | 54 | 58 | 38 | 46 |
| Pre-tax Profit | 849 | 130 | 1760 | 6135 | 9161 |
| Retained Profit (Shareholders Funds) | 142 | -39 | -302 | 3135 | 3681 |
| Fixed Assets | 8950 | 8553 | 6707 | 6334 | 7601 |
| Intangibles | 69 | 235 | 205 | 188 | 226 |
| Intermediate Assets | 0 | 380 | 1019 | 2843 | 3412 |
| Stocks | 0 | 0 | 0 | 796 | 939 |
| Debtors | 3326 | 4642 | 4941 | 5622 | 6634 |
| Cash or Equivalent | 4552 | 4076 | 4922 | 5239 | 7361 |
| Total Current Assets | 7878 | 8718 | 9863 | 11657 | 14934 |
| Creditors | 1806 | 2017 | 2569 | 3376 | 4581 |
| Short Term Borrowing | 493 | 670 | 265 | 275 | 0 |
| Other Current Liabilities | 3623 | 3974 | 4423 | 3923 | 4708 |
| Total Current Liabilities | 5922 | 6661 | 7257 | 7574 | 9289 |
| Net Current Assets | 1956 | 2057 | 2606 | 4083 | 5645 |
| Shareholders Funds | 9703 | 9664 | 9362 | 12497 | 16178 |
| Total Loan Capital | 811 | 849 | 588 | 363 | 0 |
| Other Capital Employed | 461 | 713 | 588 | 588 | 706 |
| Total Capital Employed | 10975 | 11226 | 10538 | 13448 | 16884 |
| Pretax Profit Margin % | 4.1 | 0.62 | 6.34 | 17.93 | 22.69 |
| Sales Growth % | -28 | 1 | 32 | 23 | 18 |
| Pretax Profit Growth % | -71 | -85 | 1254 | 249 | 49.32 |
| Debtor Ratio Days | 58 | 81 | 65 | 60 | 59.7997720697817 |
| Creditor Ratio Days | 32 | 35 | 34 | 36 | 41.296093042284 |
| Stock Turnover | NA | NA | NA | 43 | 42.9912060301508 |
| Sales £000 / Employee | 143 | 154 | 192 | 210 | 230.939263803681 |
| Value Added £000/Empl. | 59 | 55 | 66 | 84 | 114.220650930644 |
| Av. Remun. £000 / Empl. | 45 | 48 | 52 | 55 | 54.5950920245399 |
| Total Empl. Remu. £000 | 6568 | 6481 | 7517 | 8899 | 9546.19999999998 |
| Employees | 145 | 136 | 145 | 163 | 174.854545454545 |
| Pretax Profit/Total Assets % | 5 | 1 | 10 | 29 | 35 |
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 23.2% in the latest year, well above the industry average of -1.5%.
- Sales per Employee is £210,000 which is well above the industry average of £165,000.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- Pretax Profit Margin is 17.9% in the latest year, well above the industry average of 4.4%.
- Pretax Profit Margin has markedly improved from 6.3% to 17.9% in the latest year.
- Shareholders received £1.8m in dividends this year, over 29% of the pretax profits of the company.
- Non Trading Income of £2.3m makes a large contribution to pretax profits of £6.1m.
- Formal debt of the company has decreased by £215,000, a fall of 25%.
- The Profitability chart shows a well above average pretax profit return on total assets in the latest year
- The company is among the Top 2 companies listed as a Best Trading Partner (see section 1c).
- The company is among the Top 50 companies listed as a Fastest Growing Company (see section 2.1c).
- The company is among the Top 7 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).
Company Summary
The company currently has £34.2m sales and made £6.1m, by following the proposal plan, sales would rise to £40.4m and profits would rise to £9.2m.
Key Attractiveness Features
- ADD £34.2m TO SALES
- ATTRACTIVE PRICE
- HIGH DIVIDEND
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) | 20698 | 20980 | 27781 | 34221 | 40381 |
| Pre-tax Profit (£000) | 849 | 130 | 1760 | 6135 | 9161 |
| Total Value (£000) | 19425 | 15425 | 21222 | 39753 | 70542 |
| Asset Value (£000) | 12345 | 13810 | 12872 | 15783 | 18812 |
| Goodwill (£000) | 7080 | 1615 | 8350 | 23970 | 51730 |
| Liabilities (£000) | -2642 | -4147 | -3511 | -3286 | -2634 |
| Equity Value (£000) | 16783 | 11278 | 17711 | 36467 | 67908 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
CONSTANTINE GROUP LTD (100.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
WINGATE & JOHNSTON LTD
CONSTANTINE STORAGE SERVICES LTD
Acquisition / Valuation Comments
This company has been established 56 years.
The number of shareholders is low (1)
2 directors are under 40 years of age.
The value of the company has risen in each of the last 2 years.
The value of the company has fluctuated in the last 2 years.
The total value of the company is currently £39.8m including debts.
The equity value is high, indicating low levels of total liabilities.
The proposed year is based on achieving a 35% return on total assets.
The company's value would increase by 77% if the proposed business plan was followed.
The proposed plan would improve the overall financial strength of the company by 15%.
Book a FREE no obligation demo with one of our specialists to see how Plimsoll can help you
Book a free Demo