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Printcraft ltd
Registration Number
07019834Incorporation Date
15/09/2009Last Annual Return
Not availableAddress
Century House, Brunel Road, Wakefield, West Yorkshire. WF2 0XG
Website
www.cardfactory.co.ukAudit Fees
£36,000Secretary
Not available
Directors
Active
Mr Matthias Seeger (62 yrs)
Active
Mr Darcy Willson-Rymer (59 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 31-Jan-21 | 31-Jan-22 | 31-Jan-23 | 31-Jan-24 | 29-Jan-25 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (£000) | 20212 | 21703 | 23487 | 26265 | 26886 |
| Directors Fees | 0 | 0 | 0 | 0 | 0 |
| Gross Profits | 3403 | 3853 | 4149 | 5010 | 5129 |
| Value Added | 7643 | 7180 | 7261 | 8528 | 8849 |
| Trading Profit | 1594 | 1211 | 1208 | 2021 | 2794 |
| Depreciation | 1301 | 1215 | 1309 | 1109 | |
| Non-Trading Income | 0 | 0 | 0 | 0 | 0 |
| Total Interest Charges | 0 | 0 | 0 | 0 | 0 |
| Pre-tax Profit | 293 | -4 | -101 | 912 | 1796 |
| Retained Profit (Shareholders Funds) | 254 | -206 | -37 | 608 | 547 |
| Fixed Assets | 9278 | 9113 | 9659 | 11573 | 10994 |
| Intangibles | 34 | 7 | 4 | 1 | 1 |
| Intermediate Assets | 0 | 0 | 0 | 0 | 0 |
| Stocks | 3842 | 4623 | 6477 | 3697 | 3154 |
| Debtors | 310 | 380 | 106 | 74 | 64 |
| Cash or Equivalent | 2815 | 2974 | 2746 | 2763 | 3744 |
| Total Current Assets | 6967 | 7977 | 9329 | 6534 | 6962 |
| Creditors | 825 | 1473 | 1170 | 1230 | 1448 |
| Short Term Borrowing | 1281 | 898 | 2850 | 916 | 0 |
| Other Current Liabilities | 244 | 634 | 780 | 762 | 762 |
| Total Current Liabilities | 2350 | 3005 | 4800 | 2908 | 2210 |
| Net Current Assets | 4617 | 4972 | 4529 | 3626 | 4752 |
| Shareholders Funds | 13644 | 13438 | 13401 | 14009 | 14556 |
| Total Loan Capital | 0 | 0 | 0 | 0 | 0 |
| Other Capital Employed | 285 | 654 | 791 | 1191 | 1191 |
| Total Capital Employed | 13929 | 14092 | 14192 | 15200 | 15747 |
| Pretax Profit Margin % | 1.45 | -0.02 | -0.43 | 3.47 | 6.68 |
| Sales Growth % | -15 | 7 | 8 | 12 | 2 |
| Pretax Profit Growth % | -75 | -101 | -2425 | 1003 | 97.00 |
| Debtor Ratio Days | 6 | 6 | 2 | 1 | 0.871715210356 |
| Creditor Ratio Days | 15 | 25 | 18 | 17 | 19.6031981724729 |
| Stock Turnover | 5 | 5 | 4 | 7 | 8.5252907763051 |
| Sales £000 / Employee | 143 | 155 | 175 | 202 | 222.242307692308 |
| Value Added £000/Empl. | 54 | 51 | 54 | 66 | 73.1458421878091 |
| Av. Remun. £000 / Empl. | 43 | 43 | 45 | 50 | 50.0538461538462 |
| Total Empl. Remu. £000 | 6049 | 5969 | 6053 | 6507 | 6055.38840441714 |
| Employees | 141 | 140 | 134 | 130 | 120.977484643342 |
| Pretax Profit/Total Assets % | 2 | 0 | -1 | 5 | 10 |
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 11.8% in the latest year, well above the industry average of 1.4%.
- The average salary is £50,000 which is well above the industry average of £42,000.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- Formal debt of the company has decreased by £1.9m, a fall of 68%.
- 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 50 companies listed under the Pretax Profit Return on Total Assets category (see section 3.4c).
- The company is among the Top 58 companies listed under the Pretax Profits category (see section 3.2c).
Company Summary
The company currently has £26.3m sales and made £912,000, by following the proposal plan, sales would be level but profits would rise to £1.8m.
Key Attractiveness Features
- ADD £26.3m TO SALES
- FEW DIRECTORS
- HIGH AVERAGE AGE
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-Jan-21 | 31-Jan-22 | 31-Jan-23 | 31-Jan-24 | 29-Jan-25 |
| Total Sales (£000) | 20212 | 21703 | 23487 | 26265 | 26886 |
| Pre-tax Profit (£000) | 293 | -4 | -101 | 912 | 1796 |
| Total Value (£000) | 14929 | 14103 | 15741 | 19905 | 23193 |
| Asset Value (£000) | 13464 | 14123 | 16246 | 15345 | 14213 |
| Goodwill (£000) | 1465 | -20 | -505 | 4560 | 8980 |
| Liabilities (£000) | 180 | -685 | -2845 | -1336 | 343 |
| Equity Value (£000) | 15109 | 13418 | 12896 | 18569 | 23536 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
SPORTSWIFT LTD (100.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
None
Acquisition / Valuation Comments
This company has been established 16 years.
The number of shareholders is low (1)
1 director is over 60 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 £19.9m 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 company's value would increase by 17% if the proposed business plan was followed.
The proposed plan would improve the overall financial strength of the company by 61%.
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