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Barlows (u.k.) ltd
Registration Number
02857344Incorporation Date
27/09/1993Last Annual Return
Not availableAddress
Clifford House, Hampton Heath Industrial Estate, Malpas, Cheshire. SY14 8LU
Website
www.barlows-electrical.comAudit Fees
£16,000Secretary
Not available
Directors
Active
Mr John Allman (54 yrs)
Active
Mr Thomas Edward Barlow (38 yrs)
Active
Mr Mark Stephen Done (50 yrs)
Active
Mr Mark Phillip Holden (52 yrs)
Active
Mr John Edward Barlow (67 yrs)
Active
Mr Andrew Caputo (58 yrs)
Active
Mr Richard John Hamer (39 yrs)
Active
Mr Timothy James Ireland (36 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 30-Sep-21 | 30-Sep-22 | 30-Sep-23 | 30-Sep-24 | 29-Sep-25 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (£000) | 30525 | 40290 | 47979 | 54180 | 55580 |
| Directors Fees | 1150 | 1306 | 1622 | 1998 | 1998 |
| Gross Profits | 5337 | 8933 | 10816 | 11223 | 11513 |
| Value Added | 18059 | 22228 | 28410 | 30091 | 29340 |
| Trading Profit | 1456 | 2288 | 3802 | 2803 | 3891 |
| Depreciation | 382 | 643 | 1051 | 1473 | |
| Non-Trading Income | 2 | 0 | 38 | 120 | 0 |
| Total Interest Charges | 25 | 38 | 109 | 270 | 243 |
| Pre-tax Profit | 1051 | 1607 | 2680 | 1180 | 2322 |
| Retained Profit (Shareholders Funds) | -370 | 1488 | 2342 | 834 | 708 |
| Fixed Assets | 2016 | 2771 | 5259 | 7994 | 7594 |
| Intangibles | 0 | 0 | 0 | 0 | 0 |
| Intermediate Assets | 7 | 7 | 7 | 7 | 7 |
| Stocks | 1475 | 1935 | 2462 | 2085 | 1782 |
| Debtors | 9115 | 10352 | 13184 | 12985 | 11323 |
| Cash or Equivalent | 1678 | 2822 | 4552 | 3037 | 2518 |
| Total Current Assets | 12268 | 15109 | 20198 | 18107 | 15623 |
| Creditors | 2441 | 3164 | 4012 | 2967 | 3500 |
| Short Term Borrowing | 206 | 519 | 1164 | 1795 | 0 |
| Other Current Liabilities | 3766 | 4004 | 5896 | 5603 | 5603 |
| Total Current Liabilities | 6413 | 7687 | 11072 | 10365 | 9103 |
| Net Current Assets | 5855 | 7422 | 9126 | 7742 | 6520 |
| Shareholders Funds | 7630 | 9118 | 11460 | 12294 | 13002 |
| Total Loan Capital | 115 | 685 | 2196 | 2330 | 0 |
| Other Capital Employed | 132 | 398 | 736 | 1119 | 1119 |
| Total Capital Employed | 7877 | 10201 | 14392 | 15743 | 14121 |
| Pretax Profit Margin % | 3.44 | 3.99 | 5.59 | 2.18 | 4.18 |
| Sales Growth % | 20 | 32 | 19 | 13 | 3 |
| Pretax Profit Growth % | 5 | 53 | 67 | -56 | 97.00 |
| Debtor Ratio Days | 109 | 94 | 100 | 87 | 74.1520671834625 |
| Creditor Ratio Days | 29 | 29 | 30 | 20 | 22.9233333333333 |
| Stock Turnover | 21 | 21 | 19 | 26 | 31.1827338129497 |
| Sales £000 / Employee | 68 | 79 | 81 | 83 | 91.2679938744257 |
| Value Added £000/Empl. | 40 | 44 | 48 | 46 | 48.1788306345023 |
| Av. Remun. £000 / Empl. | 37 | 39 | 42 | 42 | 41.7886676875957 |
| Total Empl. Remu. £000 | 16603 | 19940 | 24608 | 27288 | 25448.5111781859 |
| Employees | 451 | 508 | 592 | 653 | 608.981156528709 |
| Pretax Profit/Total Assets % | 7 | 9 | 11 | 5 | 10 |
Company Summary
- The Plimsoll Chart is falling though its height is ok.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- The £2.0m directors fees figure disclosed significantly affects the profitability of the company.
- The company would have made a significantly higher profit but for interest payments of £270,000.
- Formal debt of the company has increased by £765,000, a rise of 23%.
- The company is among the Top 4 companies listed as a Best Trading Partner (see section 1c).
- The company is among the Top 4 in terms of Value Added.
- The company is among the Top 79 companies listed under the Pretax Profits category (see section 3.2c).
Company Summary
The company currently has £54.2m sales and made £1.2m, by following the proposal plan, sales would be level but profits would rise to £2.3m.
Key Attractiveness Features
- PRIVATELY OWNED
- ADD £54.2m TO SALES
- HIGH INTEREST PAYMENTS
- 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 | 30-Sep-21 | 30-Sep-22 | 30-Sep-23 | 30-Sep-24 | 29-Sep-25 |
| Total Sales (£000) | 30525 | 40290 | 47979 | 54180 | 55580 |
| Pre-tax Profit (£000) | 1051 | 1607 | 2680 | 1180 | 2322 |
| Total Value (£000) | 23733 | 29820 | 42777 | 39711 | 43521 |
| Asset Value (£000) | 12613 | 15065 | 20912 | 23071 | 20706 |
| Goodwill (£000) | 11120 | 14755 | 21865 | 16640 | 22815 |
| Liabilities (£000) | -4982 | -5948 | -9452 | -10777 | -7704 |
| Equity Value (£000) | 18751 | 23872 | 33325 | 28934 | 35817 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
MRS STEPHANIE CAROLE BARLOW (27.1%)
MR ANDREW CAPUTO (24.8%)
MR MARK HOLDEN (10.1%)
MRS JILL PARKINSON (8.3%)
Immediate Shareholder: See Shareholders
Subsidiaries
BARLOWS ALARMS LTD
MELBOURNE COMMERCIAL CENTRE COMPANY LTD
OLD CHESTERTON BUILDING FREEHOLD LTD
Acquisition / Valuation Comments
This company has been established 32 years.
1 director is over 60 years of age.
3 directors are under 40 years of age.
The total value of the company is currently £39.7m including debts.
The equity value is high, indicating low levels of total liabilities.
The proposed year is based on achieving a 10% return on total assets.
The proposed plan would improve the overall financial strength of the company by 37%.
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