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Andros uk ltd

Frome, Somerset. Registration No: 06661569

  • Registration Number

    06661569

  • Incorporation Date

    31/07/2008

  • Last Annual Return

    Not available

  • Address

    Lullington Lane Oldford, Oldford, Frome, Somerset. BA11 2NQ

  • Website

    www.andros.com

  • Audit Fees

    £43,000

  • Secretary

    Not available

Directors

Active

ANDROS ET CIE

Active

Mr Derek George Wilson (82 yrs)

Active

Mr Jean Louet (59 yrs)

Company

Industry Av.

Proposed

Proposed
Year
Period Ending 31-Dec-20 31-Dec-21 31-Dec-22 31-Dec-23 29-Dec-24
Weeks 52 52 52 52 52
Total Sales (£000) 123311 124905 138324 156109 180195
Directors Fees 623 610 614 605 726
Gross Profits 20036 22444 22490 29287 33806
Value Added 17172 16951 13285 19198 21998
Trading Profit 7619 6991 2609 7810 10048
Depreciation 4505 2963 2334 1746
Non-Trading Income 2 0 18 147 0
Total Interest Charges 91 18 19 40 48
Pre-tax Profit 3025 4010 274 6171 7905
Retained Profit (Shareholders Funds) 3280 3661 -1081 4764 3703
Fixed Assets 13939 14273 13352 13316 15979
Intangibles 0 0 0 0 0
Intermediate Assets 0 0 0 0 0
Stocks 11268 8588 9225 10608 12245
Debtors 21743 22282 25437 26502 30591
Cash or Equivalent 4826 6095 10469 7964 1991
Total Current Assets 37837 36965 45131 45074 44827
Creditors 3973 4345 7628 3684 4890
Short Term Borrowing 17275 13352 17096 16356 12296
Other Current Liabilities 7362 6713 8012 7839 9407
Total Current Liabilities 28610 24410 32736 27879 26593
Net Current Assets 9227 12555 12395 17195 18234
Shareholders Funds 23166 26827 25746 30510 34213
Total Loan Capital 0 0 0 0 0
Other Capital Employed 0 0 0 0 0
Total Capital Employed 23166 26827 25746 30510 34213
Pretax Profit Margin % 2.45 3.21 0.2 3.95 4.39
Sales Growth % 12 1 11 13 15
Pretax Profit Growth % 2895 33 -93 2152 28.10
Debtor Ratio Days 64 65 67 62 61.7948228481382
Creditor Ratio Days 12 13 20 9 9.8784977163392
Stock Turnover 11 15 15 15 14.7161576168929
Sales £000 / Employee 574 553 574 627 689.638152610442
Value Added £000/Empl. 80 75 55 77 84.1902171385177
Av. Remun. £000 / Empl. 44 44 44 46 45.7349397590361
Total Empl. Remu. £000 9553 9960 10676 11388 11950.0488181897
Employees 215 226 241 249 261.2892655189
Pretax Profit/Total Assets % 6 8 0 11 13

Company Summary

  • The Plimsoll Chart is high and rising indicating an improvement in financial strength, in line with the industry average.
  • Total Sales have increased by 12.9% in the latest year, well above the industry average of 3.7%.
  • Sales per Employee is £627,000 which is well above the industry average of £320,000.
  • The average salary is £46,000 which is well above the industry average of £41,000.
  • The company is ranked among the fastest growing in terms of sales growth in the latest year.
  • Pretax Profit Margin has markedly improved from 0.2% to 4.0% in the latest year.
  • The £605,000 directors fees figure disclosed significantly affects the profitability of the company.
  • 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 9 Leaders in Efficiency.
  • 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 6 in terms of Pretax Profit Return on Owners Funds.
  • The company is among the Top 39 companies listed under the Pretax Profits category (see section 3.2c).

Company

Industry Av.

Proposed

Company Summary

The company currently has £156m sales and made £6.2m, by following the proposal plan, sales would rise to £180m and profits would rise to £7.9m.

Key Attractiveness Features

  • PRIVATELY OWNED
  • ADD £156m 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-20 31-Dec-21 31-Dec-22 31-Dec-23 29-Dec-24
Total Sales (£000) 123311 124905 138324 156109 180195
Pre-tax Profit (£000) 3025 4010 274 6171 7905
Total Value (£000) 65635 68333 52459 83771 102210
Asset Value (£000) 46950 45143 48014 50426 58815
Goodwill (£000) 18685 23190 4445 33345 43395
Liabilities (£000) -23784 -18315 -22267 -19915 -24602
Equity Value (£000) 41851 50018 30192 63856 77608

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

Shareholders / Ownership

ANDROS ET CIE (100.0%)

NOVANDIE

Immediate Shareholder: See Shareholders

Subsidiaries

None

Acquisition / Valuation Comments

This company has been established 17 years.

The number of shareholders is low (2)

1 director is over 70 years of age.

The total value of the company is currently £83.8m including debts.

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

The company value is small in comparison to its sales.

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 22% if the proposed business plan was followed.

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