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Ball horticultural europe ltd
Registration Number
00722735Incorporation Date
01/05/1962Last Annual Return
Not availableAddress
Milton Road, West Adderbury, Banbury, Oxfordshire. OX17 3EY
Website
www.ballcolegrave.co.ukAudit Fees
£86,000Secretary
Mr Alexander James Shepherd
Directors
Active
Mr William Todd Billings (62 yrs)
Active
Ms Anna Caroline Ball (76 yrs)
Active
Mr Alexander James Shepherd (61 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) | 38411 | 37983 | 45994 | 48550 | 51464 |
| Directors Fees | 199 | 162 | 195 | 277 | 299 |
| Gross Profits | 15991 | 14732 | 14415 | 18929 | 20065 |
| Value Added | 16095 | 13228 | 13330 | 16734 | 18649 |
| Trading Profit | 6907 | 5167 | 4829 | 7314 | 9571 |
| Depreciation | 997 | 1314 | 1545 | 1685 | |
| Non-Trading Income | -34 | 421 | -286 | 465 | 0 |
| Total Interest Charges | 15 | 3 | 87 | 115 | 124 |
| Pre-tax Profit | 5861 | 4271 | 2911 | 5979 | 7627 |
| Retained Profit (Shareholders Funds) | 5309 | 3437 | 2217 | 3979 | 3587 |
| Fixed Assets | 6527 | 8346 | 9429 | 9371 | 10121 |
| Intangibles | 0 | 0 | 0 | 0 | 0 |
| Intermediate Assets | 0 | 0 | 0 | 12 | 13 |
| Stocks | 4810 | 6526 | 5781 | 5546 | 5879 |
| Debtors | 4360 | 4476 | 6154 | 6367 | 6749 |
| Cash or Equivalent | 17732 | 17254 | 18305 | 22679 | 24905 |
| Total Current Assets | 26902 | 28256 | 30240 | 34592 | 37533 |
| Creditors | 959 | 981 | 1300 | 262 | 319 |
| Short Term Borrowing | 214 | 351 | 634 | 280 | 0 |
| Other Current Liabilities | 2305 | 1558 | 1705 | 3392 | 3663 |
| Total Current Liabilities | 3478 | 2890 | 3639 | 3934 | 3982 |
| Net Current Assets | 23424 | 25366 | 26601 | 30658 | 33551 |
| Shareholders Funds | 29694 | 33131 | 35348 | 39327 | 42914 |
| Total Loan Capital | 0 | 0 | 0 | 0 | 0 |
| Other Capital Employed | 257 | 581 | 682 | 714 | 771 |
| Total Capital Employed | 29951 | 33712 | 36030 | 40041 | 43685 |
| Pretax Profit Margin % | 15.26 | 11.24 | 6.33 | 12.32 | 14.82 |
| Sales Growth % | 50 | -1 | 21 | 6 | 6 |
| Pretax Profit Growth % | 1084 | -27 | -32 | 105 | 27.56 |
| Debtor Ratio Days | 41 | 43 | 49 | 48 | 47.7361071060762 |
| Creditor Ratio Days | 9 | 9 | 10 | 2 | 2.2589742533471 |
| Stock Turnover | 8 | 6 | 8 | 9 | 8.7540569780022 |
| Sales £000 / Employee | 132 | 127 | 148 | 155 | 170.623003194888 |
| Value Added £000/Empl. | 56 | 44 | 43 | 53 | 61.8287617162069 |
| Av. Remun. £000 / Empl. | 32 | 27 | 27 | 30 | 30.0958466453674 |
| Total Empl. Remu. £000 | 9188 | 8061 | 8501 | 9420 | 9077.61094530116 |
| Employees | 290 | 300 | 311 | 313 | 301.623378543446 |
| Pretax Profit/Total Assets % | 18 | 12 | 7 | 14 | 16 |
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 5.6% in the latest year, well above the industry average of 0.1%.
- The company lies an excellent 5th in terms of Pretax Profits in this industry. Up 10 places from last year.
- Gross Profit Margin is 39.0% in the latest year, well above the industry average of 28.1%.
- Gross Profit Margin has markedly improved from 31.3% to 39.0% in the latest year.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- Pretax Profit Margin is 12.3% in the latest year, well above the industry average of 5.7%.
- Pretax Profit Margin has markedly improved from 6.3% to 12.3% in the latest year.
- Formal debt of the company has decreased by £354,000, a fall of 56%.
- The Profitability chart shows a well above average pretax profit return on total assets in the latest year
- The company is among the Top 4 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 12 in terms of Value Added.
- The company is among the Top 13 in terms of Trading Profits.
Company Summary
The company currently has £48.6m sales and made £6.0m, by following the proposal plan, sales would rise to £51.5m and profits would rise to £7.6m.
Key Attractiveness Features
- PRIVATELY OWNED
- ADD £48.6m 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
Company Valuation
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 30-Sep-21 | 30-Sep-22 | 30-Sep-23 | 30-Sep-24 | 29-Sep-25 |
| Total Sales (£000) | 38411 | 37983 | 45994 | 48550 | 51464 |
| Pre-tax Profit (£000) | 5861 | 4271 | 2911 | 5979 | 7627 |
| Total Value (£000) | 46242 | 39423 | 38759 | 50826 | 63012 |
| Asset Value (£000) | 15697 | 19348 | 21364 | 21296 | 22762 |
| Goodwill (£000) | 30545 | 20075 | 17395 | 29530 | 40250 |
| Liabilities (£000) | 13997 | 13783 | 13984 | 18031 | 20152 |
| Equity Value (£000) | 60239 | 53206 | 52743 | 68857 | 83164 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
BALL HORTICULTURAL COMPANY
Immediate Shareholder: See Shareholders
Subsidiaries
BORDON HILL NURSERIES LTD
COLEGRAVE SEEDS LTD
DAVID COLEGRAVE GROUP LTD
BALL COLEGRAVE LTD
NOVO SOL PLANTAS, LDA
Acquisition / Valuation Comments
This company has been established 63 years.
The number of shareholders is low (1)
1 director is over 70 years of age.
The total value of the company is currently £50.8m 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 16% return on total assets.
The company's value would increase by 24% if the proposed business plan was followed.
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