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Dry ice uk ltd
Registration Number
04115155Incorporation Date
27/11/2000Last Annual Return
Not availableAddress
2A Appian Way, Grimsby, Grimsby, South Humberside. DN31 2UT
Website
www.dryiceuk.comAudit Fees
Not availableSecretary
Ms Sarah Alison Thomas
Directors
Active
Mr Gareth David Thomas (55 yrs)
Active
Ms Sarah Alison Thomas (55 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| ESTIMATED | ESTIMATED | ESTIMATED | ESTIMATED | ||
| Period Ending | 31-Mar-21 | 31-Mar-22 | 31-Mar-23 | 31-Mar-24 | 30-Mar-25 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (Upper Estimate) | 1600 | 1700 | 1900 | 2200 | |
| Total Sales (Mid Est./ Actual) | 1300 | 1400 | 1600 | 1800 | |
| Total Sales (Lower Estimate) | 1000 | 1100 | 1300 | 1400 | |
| Directors Fees | NA | NA | NA | NA | NA |
| Gross Profits | NA | NA | NA | NA | NA |
| Value Added | NA | NA | NA | NA | NA |
| Trading Profit | NA | NA | NA | NA | NA |
| Depreciation | 21 | 38 | 37 | 34 | |
| Non-Trading Income | NA | NA | NA | NA | 0 |
| Total Interest Charges | NA | NA | NA | NA | NA |
| Pre-tax Profit | NA | NA | NA | NA | 144 |
| Retained Profit (Shareholders Funds) | 52 | 7 | 29 | 70 | 42 |
| Fixed Assets | 216 | 283 | 258 | 251 | 238 |
| Intangibles | 0 | 0 | 0 | 0 | 0 |
| Intermediate Assets | 0 | 0 | 0 | 0 | 0 |
| Stocks | 0 | 0 | 0 | 0 | 0 |
| Debtors | 338 | 394 | 403 | 533 | 464 |
| Cash or Equivalent | 564 | 546 | 601 | 590 | 734 |
| Total Current Assets | 902 | 940 | 1004 | 1123 | 1198 |
| Creditors | 252 | 295 | 326 | 381 | 449 |
| Short Term Borrowing | 15 | 35 | 38 | 28 | 0 |
| Other Current Liabilities | 117 | 140 | 154 | 180 | 180 |
| Total Current Liabilities | 384 | 470 | 518 | 589 | 629 |
| Net Current Assets | 518 | 470 | 486 | 534 | 569 |
| Shareholders Funds | 629 | 636 | 665 | 735 | 777 |
| Total Loan Capital | 86 | 64 | 37 | 21 | 0 |
| Other Capital Employed | 19 | 54 | 41 | 30 | 30 |
| Total Capital Employed | 734 | 754 | 743 | 786 | 807 |
| Retained Profit Margin % | 4 | 0.5 | 1.81 | 3.89 | 7.8 |
| Sales Growth % | -7 | 8 | 14 | 13 | 2 |
| Retained Profit Growth % | 1200 | -87 | 314 | 141 | -40.00 |
| Debtor Ratio Days | 95 | 102 | 92 | 108 | 91.6167777777778 |
| Creditor Ratio Days | 71 | 77 | 74 | 77 | 88.6036666666667 |
| Stock Turnover | NA | NA | NA | NA | NA |
| Sales £000 / Employee | NA | NA | NA | NA | NA |
| Value Added £000/Empl. | NA | NA | NA | NA | NA |
| Av. Remun. £000 / Empl. | NA | NA | NA | NA | NA |
| Total Empl. Remu. £000 | NA | NA | NA | NA | NA |
| Employees | 24 | 30 | 30 | 22 | NA |
| Retained Profit/Total Assets % | 5 | 1 | 2 | 5 | 10 |
Company Summary
- This analysis contains ESTIMATED data as the company has filed small/modified accounts. Provide the full data and we will update it.
- SHADED FIGURES INDICATE THAT ESTIMATED DATA HAS BEEN USED.
- TOTAL SALES FOR THIS COMPANY HAVE BEEN ESTIMATED, See appendix for details.
- The Plimsoll Chart is high and rising indicating an improvement in financial strength, well above the industry average. (ESTIMATED)
Company Summary
The company currently has £1.8m sales and made £70,000, by following the proposal plan, sales would be level and retained profits would fall to £42,000.
Key Attractiveness Features
- PRIVATELY OWNED
- 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 |
|||||
|---|---|---|---|---|---|
| ESTIMATED | ESTIMATED | ESTIMATED | ESTIMATED | ||
| Period Ending | 31-Mar-21 | 31-Mar-22 | 31-Mar-23 | 31-Mar-24 | 30-Mar-25 |
| Total Sales (Upper Estimate) | 1600 | 1700 | 1900 | 2200 | |
| Total Sales (Mid Est./ Actual) | 1300 | 1400 | 1600 | 1800 | |
| Total Sales (Lower Estimate) | 1000 | 1100 | 1300 | 1400 | |
| Pre-tax Profit (£000) | NA | NA | NA | NA | 144 |
| Total Value (£000) | |||||
| Asset Value (£000) | 554 | 677 | 661 | 784 | 702 |
| Goodwill (£000) | 131 | 147 | 205 | 247 | 329 |
| Liabilities (£000) | 75 | -42 | 5 | -50 | 75 |
| Equity Value (£000) | 760 | 782 | 871 | 981 | 1106 |
Total Value Formula (Estimated Accounts): ((Average 3 years retained profit)*7) plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
MR GARETH DAVID THOMAS (50.0%)
MRS SARAH ALISON THOMAS (50.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
DRY ICE BLAST CLEANING UK LTD
DRY ICE BLASTING UK LTD
DRY ICE CLEANING UK LTD
DRY ICE INDUSTRIAL UK LTD
DRY ICE PRODUCTS UK LTD
Acquisition / Valuation Comments
This company has been established 25 years.
The number of shareholders is low (2)
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 £1.0m including debts.
The equity value is high, indicating low levels of total liabilities.
The company value is small in comparison to its sales.
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 12%.
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