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Anglia community eye service ltd
Registration Number
05632363Incorporation Date
22/11/2005Last Annual Return
Not availableAddress
32 Cromwell Road, Wisbech, Cambridgeshire. PE14 0SN
Website
www.aces-eyeclinic.co.ukAudit Fees
£10,000Secretary
Not available
Directors
Active
Mr Stephen James Hannan (45 yrs)
Active
Mr David Charles Moulsdale (56 yrs)
Active
Mr Stewart Mein (54 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 31-Dec-20 | 01-Jan-22 | 31-Dec-22 | 30-Dec-23 | 28-Dec-24 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (£000) | NA | 10017 | 11793 | 13373 | 15523 |
| Directors Fees | 751 | 9 | 9 | 0 | 0 |
| Gross Profits | NA | 8219 | 10039 | 11360 | 13186 |
| Value Added | NA | 5617 | 7270 | 8581 | 12549 |
| Trading Profit | NA | 3765 | 5345 | 6723 | 10588 |
| Depreciation | 541 | 92 | 107 | 147 | |
| Non-Trading Income | NA | 0 | 0 | 0 | 0 |
| Total Interest Charges | NA | 0 | 0 | 0 | 0 |
| Pre-tax Profit | NA | 3673 | 5238 | 6576 | 10412 |
| Retained Profit (Shareholders Funds) | 441 | 2929 | 4167 | -4796 | 3946 |
| Fixed Assets | 2163 | 2283 | 2619 | 2642 | 3170 |
| Intangibles | 0 | 0 | 0 | 0 | 0 |
| Intermediate Assets | 0 | 0 | 0 | 0 | 0 |
| Stocks | 136 | 156 | 135 | 147 | 171 |
| Debtors | 405 | 523 | 1228 | 1388 | 1611 |
| Cash or Equivalent | 1326 | 4131 | 7534 | 2094 | 5460 |
| Total Current Assets | 1867 | 4810 | 8897 | 3629 | 7242 |
| Creditors | 333 | 342 | 292 | 385 | 514 |
| Short Term Borrowing | 0 | 10 | 225 | 0 | 0 |
| Other Current Liabilities | 438 | 537 | 552 | 218 | 262 |
| Total Current Liabilities | 771 | 889 | 1069 | 603 | 776 |
| Net Current Assets | 1096 | 3921 | 7828 | 3026 | 6466 |
| Shareholders Funds | 3259 | 6188 | 10355 | 5559 | 9505 |
| Total Loan Capital | 0 | 0 | 0 | 0 | 0 |
| Other Capital Employed | 0 | 16 | 92 | 109 | 131 |
| Total Capital Employed | 3259 | 6204 | 10447 | 5668 | 9636 |
| Pretax Profit Margin % | NA | 36.67 | 44.42 | 49.17 | 67.07 |
| Sales Growth % | NA | NA | 18 | 13 | 16 |
| Pretax Profit Growth % | NA | NA | 43 | 26 | 58.33 |
| Debtor Ratio Days | NA | 19 | 38 | 38 | 37.7800044866522 |
| Creditor Ratio Days | NA | 12 | 9 | 10 | 12.0512226127272 |
| Stock Turnover | NA | 64 | 87 | 91 | 90.9727891156463 |
| Sales £000 / Employee | NA | 154 | 187 | 206 | 226.312307692308 |
| Value Added £000/Empl. | NA | 86 | 115 | 132 | 182.953626662621 |
| Av. Remun. £000 / Empl. | NA | 28 | 31 | 29 | 28.5846153846154 |
| Total Empl. Remu. £000 | NA | 1852 | 1925 | 1858 | 1960.65169630674 |
| Employees | 63 | 65 | 63 | 65 | 68.5911519160055 |
| Pretax Profit/Total Assets % | NA | 52 | 45 | 105 | 100 |
Company Summary
- The Plimsoll Chart lies above the scale indicating financial strength, well above the industry average.
- The Plimsoll Chart is falling though its height is ok.
- Gross Profit Margin is 85.0% in the latest year, well above the industry average of 76.8%.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- Pretax Profit Margin is 49.2% in the latest year, well above the industry average of 11.3%.
- Shareholders received £9.9m in dividends this year, over 150% of the pretax profits of the company.
- The Trading Stability chart shows a well above average sales return on total assets in the latest year
- 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 the best in terms of Trading Profits in this industry.
- The company is among the Top 60 companies listed under the Gross Profits category (see section 3.1c).
- The company is among the Top 3 Leaders in Efficiency.
- The company is among the Top 50 companies listed under the Sales Return on Total Assets category (see section 2.2c).
- 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 £13.4m sales and made £6.6m, by following the proposal plan, sales would rise to £15.5m and profits would rise to £10.4m.
Key Attractiveness Features
- ADD £13.4m TO SALES
- ATTRACTIVE PRICE
- FEW DIRECTORS
- HIGH DIVIDEND
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-Dec-20 | 01-Jan-22 | 31-Dec-22 | 30-Dec-23 | 28-Dec-24 |
| Total Sales (£000) | NA | 10017 | 11793 | 13373 | 15523 |
| Pre-tax Profit (£000) | NA | 3673 | 5238 | 6576 | 10412 |
| Total Value (£000) | 21372 | 30217 | 37057 | 57012 | |
| Asset Value (£000) | 2962 | 3982 | 4177 | 4952 | |
| Goodwill (£000) | 18410 | 26235 | 32880 | 52060 | |
| Liabilities (£000) | 3226 | 6373 | 1382 | 4553 | |
| Equity Value (£000) | 24598 | 36590 | 38439 | 61565 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
LORENA INVESTMENTS LTD (100.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
None
Acquisition / Valuation Comments
This company has been established 20 years.
The number of shareholders is low (1)
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 £37.1m including debts.
The equity value is high, indicating low levels of total liabilities.
The proposed year is based on achieving a 100% return on total assets.
The company's value would increase by 54% if the proposed business plan was followed.
The proposed plan would improve the overall financial strength of the company by 40%.
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