Book a FREE no obligation demo with one of our specialists to see how Plimsoll can help you
Book a free Demo
Twofold ltd
Registration Number
04043149Incorporation Date
28/07/2000Last Annual Return
Not availableAddress
Unit 77, Milford Road, Reading, Berkshire. RG1 8LG
Website
www.twofold.co.ukAudit Fees
Not availableSecretary
Not available
Directors
Active
Mr Philip David Charnick (56 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| ESTIMATED | ESTIMATED | ESTIMATED | ESTIMATED | ||
| 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 (Upper Estimate) | 10800 | 10700 | 12500 | 13800 | |
| Total Sales (Mid Est./ Actual) | 9000 | 8900 | 10400 | 11500 | |
| Total Sales (Lower Estimate) | 7200 | 7100 | 8300 | 9200 | |
| 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 | 67 | 124 | 134 | 126 | |
| Non-Trading Income | NA | NA | NA | NA | 0 |
| Total Interest Charges | NA | NA | NA | NA | NA |
| Pre-tax Profit | NA | NA | NA | NA | 500 |
| Retained Profit (Shareholders Funds) | 342 | 393 | 188 | 7 | 4 |
| Fixed Assets | 759 | 783 | 665 | 543 | 516 |
| Intangibles | 32 | 17 | 10 | 3 | 3 |
| Intermediate Assets | 0 | 0 | 0 | 0 | 0 |
| Stocks | 48 | 159 | 191 | 227 | 193 |
| Debtors | 1054 | 1223 | 1031 | 1172 | 1017 |
| Cash or Equivalent | 2562 | 2945 | 3165 | 3013 | 3275 |
| Total Current Assets | 3664 | 4327 | 4387 | 4412 | 4485 |
| Creditors | 62 | 272 | 183 | 462 | 543 |
| Short Term Borrowing | 40 | 40 | 40 | 40 | 0 |
| Other Current Liabilities | 2406 | 2369 | 2173 | 1942 | 1942 |
| Total Current Liabilities | 2508 | 2681 | 2396 | 2444 | 2485 |
| Net Current Assets | 1156 | 1646 | 1991 | 1968 | 2000 |
| Shareholders Funds | 1808 | 2201 | 2389 | 2396 | 2400 |
| Total Loan Capital | 0 | 0 | 0 | 0 | 0 |
| Other Capital Employed | 139 | 244 | 277 | 119 | 119 |
| Total Capital Employed | 1947 | 2445 | 2666 | 2515 | 2519 |
| Retained Profit Margin % | 3.8 | 4.42 | 1.81 | 0.06 | 4.26 |
| Sales Growth % | 3 | -1 | 17 | 11 | 2 |
| Retained Profit Growth % | 272 | 15 | -52 | -96 | -43.00 |
| Debtor Ratio Days | 43 | 50 | 36 | 37 | 31.5318956521739 |
| Creditor Ratio Days | 3 | 11 | 6 | 15 | 16.8168 |
| Stock Turnover | 188 | 56 | 54 | 51 | 60.7929515418502 |
| 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 | 26 | 27 | 29 | 30 | NA |
| Retained Profit/Total Assets % | 8 | 8 | 4 | 0 | 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 falling though its height is ok. (ESTIMATED)
Company Summary
The company currently has £11.5m sales and made £7,000, by following the proposal plan, sales would be level and retained profits would fall to £4,000.
Key Attractiveness Features
- 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 | 30-Sep-21 | 30-Sep-22 | 30-Sep-23 | 30-Sep-24 | 29-Sep-25 |
| Total Sales (Upper Estimate) | 10800 | 10700 | 12500 | 13800 | |
| Total Sales (Mid Est./ Actual) | 9000 | 8900 | 10400 | 11500 | |
| Total Sales (Lower Estimate) | 7200 | 7100 | 8300 | 9200 | |
| Pre-tax Profit (£000) | NA | NA | NA | NA | 500 |
| Total Value (£000) | |||||
| Asset Value (£000) | 1893 | 2182 | 1897 | 1945 | 1729 |
| Goodwill (£000) | 1013 | 1930 | 2154 | 1372 | 464 |
| Liabilities (£000) | -85 | 20 | 492 | 450 | 671 |
| Equity Value (£000) | 2821 | 4132 | 4543 | 3767 | 2864 |
Total Value Formula (Estimated Accounts): ((Average 3 years retained profit)*7) plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
TWOFOLD DOCUMENT SOLUTIONS LTD
Immediate Shareholder: See Shareholders
Subsidiaries
None
Acquisition / Valuation Comments
This company has been established 26 years.
The number of shareholders is low (1).
The value of the company has fallen in each of the last 2 years.
The total value of the company is currently £3.3m 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 18%.
Book a FREE no obligation demo with one of our specialists to see how Plimsoll can help you
Book a free Demo