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Pro print group labels ltd
Registration Number
03579889Incorporation Date
11/06/1998Last Annual Return
Not availableAddress
7B Morris Close, Park Farm Industrial Estate, Wellingborough, Northamptonshire. NN8 6XF
Website
www.promo-labels.comAudit Fees
£12,000Secretary
Not available
Directors
Active
Mr James Michael Denny (52 yrs)
Active
Mr Nigel James Tollman (53 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) | NA | 9829 | 11203 | 11993 | 13008 |
| Directors Fees | NA | 297 | 256 | 144 | 173 |
| Gross Profits | NA | 5338 | 5784 | 6576 | 7132 |
| Value Added | NA | 4358 | 4463 | 5083 | 5570 |
| Trading Profit | NA | 1639 | 1756 | 2309 | 2835 |
| Depreciation | 523 | 632 | 746 | 773 | |
| Non-Trading Income | NA | 0 | 0 | 16 | 0 |
| Total Interest Charges | NA | 80 | 97 | 90 | 108 |
| Pre-tax Profit | NA | 927 | 913 | 1462 | 1799 |
| Retained Profit (Shareholders Funds) | 783 | 473 | 23 | 847 | 877 |
| Fixed Assets | 4236 | 5046 | 4775 | 4819 | 5783 |
| Intangibles | 0 | 0 | 0 | 0 | 0 |
| Intermediate Assets | 0 | 0 | 0 | 0 | 0 |
| Stocks | 592 | 1699 | 1109 | 1180 | 1280 |
| Debtors | 1470 | 1256 | 1512 | 1564 | 1696 |
| Cash or Equivalent | 768 | 537 | 954 | 1411 | 236 |
| Total Current Assets | 2830 | 3492 | 3575 | 4155 | 3212 |
| Creditors | 2177 | 1280 | 1010 | 1445 | 1802 |
| Short Term Borrowing | 0 | 1065 | 921 | 570 | 0 |
| Other Current Liabilities | 0 | 231 | 578 | 805 | 966 |
| Total Current Liabilities | 2177 | 2576 | 2509 | 2820 | 2768 |
| Net Current Assets | 653 | 916 | 1066 | 1335 | 444 |
| Shareholders Funds | 2872 | 3345 | 3368 | 4215 | 5092 |
| Total Loan Capital | 0 | 1924 | 1592 | 994 | 0 |
| Other Capital Employed | 2015 | 693 | 881 | 946 | 1135 |
| Total Capital Employed | 4887 | 5962 | 5841 | 6155 | 6227 |
| Pretax Profit Margin % | NA | 9.43 | 8.15 | 12.19 | 13.83 |
| Sales Growth % | NA | NA | 14 | 7 | 8 |
| Pretax Profit Growth % | NA | NA | -2 | 60 | 23.05 |
| Debtor Ratio Days | NA | 47 | 49 | 47 | 47.4690235970983 |
| Creditor Ratio Days | NA | 47 | 33 | 44 | 50.435837571917 |
| Stock Turnover | NA | 6 | 10 | 10 | 10.1635593220339 |
| Sales £000 / Employee | NA | 149 | 181 | 174 | 191.192753623189 |
| Value Added £000/Empl. | NA | 66 | 72 | 74 | 81.8693052042 |
| Av. Remun. £000 / Empl. | NA | 41 | 44 | 40 | 40.2028985507246 |
| Total Empl. Remu. £000 | NA | 2719 | 2707 | 2774 | 2735.214918082 |
| Employees | 49 | 66 | 62 | 69 | 68.0352665276345 |
| Pretax Profit/Total Assets % | NA | 11 | 11 | 16 | 20 |
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 7.1% in the latest year, well above the industry average of -1.2%.
- Gross Profit Margin is 54.8% in the latest year, well above the industry average of 29.2%.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- Pretax Profit Margin is 12.2% in the latest year, well above the industry average of 6.7%.
- Pretax Profit Margin has markedly improved from 8.1% to 12.2% in the latest year.
- Formal debt of the company has decreased by £949,000, a fall of 38%.
- The Profitability chart shows a well above average pretax profit return on total assets in the latest year
- 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 4 in terms of Trading Profits.
- The company is among the Top 60 companies listed under the Gross Profits category (see section 3.1c).
- The company is among the Top 10 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).
Company Summary
The company currently has £12.0m sales and made £1.5m, by following the proposal plan, sales would rise to £13.0m and profits would rise to £1.8m.
Key Attractiveness Features
- PRIVATELY OWNED
- ADD £12.0m 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) | NA | 9829 | 11203 | 11993 | 13008 |
| Pre-tax Profit (£000) | NA | 927 | 913 | 1462 | 1799 |
| Total Value (£000) | 14521 | 13726 | 15963 | 19159 | |
| Asset Value (£000) | 8001 | 7396 | 7563 | 8759 | |
| Goodwill (£000) | 6520 | 6330 | 8400 | 10400 | |
| Liabilities (£000) | -4656 | -4028 | -3349 | -3667 | |
| Equity Value (£000) | 9865 | 9698 | 12614 | 15492 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
MR JAMES MICHAEL DENNY (50.0%)
MR NIGEL JAMES TOLLMAN (50.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
None
Acquisition / Valuation Comments
This company has been established 27 years.
The number of shareholders is low (2)
The total value of the company is currently £16.0m 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 20% return on total assets.
The company's value would increase by 20% if the proposed business plan was followed.
The proposed plan would improve the overall financial strength of the company by 23%.
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