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Oliver bonas ltd

Chessington, Surrey. Registration No: 03799350

  • Registration Number

    03799350

  • Incorporation Date

    01/07/1999

  • Last Annual Return

    Not available

  • Address

    Unit F, Davis Road Industrial Park, Chessington, Surrey. KT9 1TQ

  • Website

    www.oliverbonas.com

  • Audit Fees

    £57,000

  • Secretary

    Mr Timothy Hollidge

Directors

Active

Mr Timothy Hollidge (59 yrs)

Active

Mr Oliver Tress (58 yrs)

Company

Industry Av.

Proposed

Proposed
Year
Period Ending 31-Dec-21 31-Dec-22 31-Dec-23 31-Dec-24 30-Dec-25
Weeks 52 52 52 52 52
Total Sales (£000) 92882 115031 135783 150285 169546
Directors Fees 47 44 48 48 58
Gross Profits 46711 61336 74439 83283 93957
Value Added 33789 40583 47219 51471 56435
Trading Profit 10071 11694 12715 12571 16542
Depreciation 2373 2410 3763 4369
Non-Trading Income 0 0 81 153 0
Total Interest Charges 211 218 394 476 571
Pre-tax Profit 7487 9066 8639 7879 10728
Retained Profit (Shareholders Funds) 5857 6158 5457 2345 4727
Fixed Assets 13190 16750 20440 25247 30296
Intangibles 303 662 1233 1622 1946
Intermediate Assets 0 0 0 0 0
Stocks 15087 18747 17412 24664 27825
Debtors 171 854 318 340 384
Cash or Equivalent 12849 13399 18141 22769 22074
Total Current Assets 28107 33000 35871 47773 50283
Creditors 8524 11121 9019 10117 13126
Short Term Borrowing 0 406 774 6097 0
Other Current Liabilities 15937 14401 17215 23638 28366
Total Current Liabilities 24461 25928 27008 39852 41492
Net Current Assets 3646 7072 8863 7921 8791
Shareholders Funds 13255 19413 24870 27215 31942
Total Loan Capital 0 0 0 0 0
Other Capital Employed 3883 5070 5666 7576 9091
Total Capital Employed 17138 24483 30536 34791 41033
Pretax Profit Margin % 8.06 7.88 6.36 5.24 6.33
Sales Growth % 35 24 18 11 13
Pretax Profit Growth % 468 21 -5 -9 36.00
Debtor Ratio Days 1 3 1 1 0.8235020128423
Creditor Ratio Days 33 35 24 25 28.1796333632764
Stock Turnover 6 6 8 6 6.0932938696075
Sales £000 / Employee 83 75 87 89 98.1671615201901
Value Added £000/Empl. 30 26 30 31 32.6780544296468
Av. Remun. £000 / Empl. 21 19 22 23 23.0997624703088
Total Empl. Remu. £000 23718 28889 34504 38900 39893.2897862233
Employees 1121 1537 1553 1684 1727
Pretax Profit/Total Assets % 18 18 15 11 13

Company Summary

  • The Plimsoll Chart is falling though its height is ok.
  • Total Sales have increased by 10.7% in the latest year, well above the industry average of 2.2%.
  • The company lies an excellent 2nd in terms of Total Sales in this industry.
  • Gross Profit Margin is 55.4% in the latest year, well above the industry average of 47.7%.
  • The company is ranked among the fastest growing in terms of sales growth in the latest year.
  • The company has consistently suffered a fall in sales growth (%) over the last 4 years along with 9 other companies.
  • Pretax Profit Margin is 5.2% in the latest year, well above the industry average of 4.3%.
  • Shareholders received £3.7m in dividends this year, over 47% of the pretax profits of the company.
  • Formal debt of the company has increased by £5.3m, a rise of 688%.
  • The Profitability chart shows a well above average pretax profit return on total assets in the latest year.
  • The company is among the Top 3 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 10 in terms of Trading Profits.
  • The company is among the Top 60 companies listed under the Gross Profits category (see section 3.1c).

Company

Industry Av.

Proposed

Company Summary

The company currently has £150m sales and made £7.9m, by following the proposal plan, sales would rise to £170m and profits would rise to £10.7m.

Key Attractiveness Features

  • PRIVATELY OWNED
  • ADD £150m TO SALES
  • ATTRACTIVE RATING
  • 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
Acquisition Attractiveness
  • Highly Attractive
  • Worth Considering
  • Unattractive

Company Valuation

Proposed
Year
Period Ending 31-Dec-21 31-Dec-22 31-Dec-23 31-Dec-24 30-Dec-25
Total Sales (£000) 92882 115031 135783 150285 169546
Pre-tax Profit (£000) 7487 9066 8639 7879 10728
Total Value (£000) 67476 83653 84403 93123 117236
Asset Value (£000) 28751 37013 39403 51873 60451
Goodwill (£000) 38725 46640 45000 41250 56785
Liabilities (£000) -15495 -17599 -14533 -24659 -28509
Equity Value (£000) 51981 66054 69870 68464 88727

Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)

Shareholders / Ownership

MR OLIVER JAMES MARK TRESS (60.0%)

MR TIMOTHY RICHARD NAUNTON HOLLIDGE (40.0%)

Immediate Shareholder: See Shareholders

Subsidiaries

OLIVER BONAS (IRELAND) LTD

Acquisition / Valuation Comments

This company has been established 27 years.

The number of shareholders is low (2).

The value of the company has risen in each of the last 2 years.

The total value of the company is currently £93.1m including debts.

The equity value is high, indicating low levels of total liabilities.

This company is rated HIGHLY ATTRACTIVE in terms of attractiveness.

The proposed year is based on achieving a 13% return on total assets.

The company's value would increase by 26% if the proposed business plan was followed.

The proposed plan would improve the overall financial strength of the company by 15%.

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