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G's fresh mushrooms ltd
Registration Number
04962039Incorporation Date
12/11/2003Last Annual Return
Not availableAddress
c/o G's Marketing Ltd, Barway Road Barway, Ely, Cambridgeshire. CB7 5TZ
Website
www.gs-fresh.comAudit Fees
Not availableSecretary
Not available
Directors
Active
Mr Kuldip Singh Kular (64 yrs)
Active
Mr Peter Jeremy Sargeant (51 yrs)
Active
Mr James Meers (41 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 08-May-21 | 07-May-22 | 06-May-23 | 04-May-24 | 03-May-25 |
| Weeks | 53 | 52 | 52 | 52 | 52 |
| Total Sales (£000) | 37073 | 32537 | 35716 | 47456 | 55998 |
| Directors Fees | 198 | 177 | 201 | 243 | 292 |
| Gross Profits | 2487 | 2460 | 2401 | 2614 | 3085 |
| Value Added | NA | NA | NA | NA | NA |
| Trading Profit | NA | NA | NA | NA | NA |
| Depreciation | NA | NA | NA | NA | |
| Non-Trading Income | 10 | 1 | 25 | 236 | 0 |
| Total Interest Charges | 58 | 165 | 0 | 0 | 0 |
| Pre-tax Profit | 1192 | 920 | 805 | 1201 | 1506 |
| Retained Profit (Shareholders Funds) | 479 | 47 | 370 | 510 | 721 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 |
| Intangibles | 0 | 0 | 0 | 0 | 0 |
| Intermediate Assets | 0 | 0 | 0 | 0 | 0 |
| Stocks | 67 | 160 | 351 | 32 | 38 |
| Debtors | 0 | 6 | 153 | 14 | 17 |
| Cash or Equivalent | 2043 | 1883 | 2379 | 3763 | 3909 |
| Total Current Assets | 2110 | 2049 | 2883 | 3809 | 3964 |
| Creditors | 426 | 181 | 185 | 10 | 14 |
| Short Term Borrowing | 0 | 72 | 308 | 732 | 0 |
| Other Current Liabilities | 355 | 420 | 644 | 811 | 973 |
| Total Current Liabilities | 781 | 673 | 1137 | 1553 | 987 |
| Net Current Assets | 1329 | 1376 | 1746 | 2256 | 2977 |
| Shareholders Funds | 1329 | 1376 | 1746 | 2256 | 2977 |
| Total Loan Capital | 0 | 0 | 0 | 0 | 0 |
| Other Capital Employed | 0 | 0 | 0 | 0 | 0 |
| Total Capital Employed | 1329 | 1376 | 1746 | 2256 | 2977 |
| Pretax Profit Margin % | 3.22 | 2.83 | 2.25 | 2.53 | 2.69 |
| Sales Growth % | 12 | -12 | 10 | 33 | 18 |
| Pretax Profit Growth % | 239 | -23 | -13 | 49 | 25.40 |
| Debtor Ratio Days | 0 | 0 | 2 | 0 | 0.1073836817262 |
| Creditor Ratio Days | 4 | 2 | 2 | 0 | 0.0882080242751 |
| Stock Turnover | 553 | 203 | 102 | 1483 | 1483 |
| 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 | NA | NA | NA | NA | NA |
| Pretax Profit/Total Assets % | 56 | 45 | 28 | 32 | 38 |
Company Summary
- The Plimsoll Chart is high and rising indicating an improvement in financial strength, well above the industry average.
- Total Sales have increased by 32.9% in the latest year, well above the industry average of 3.9%.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- Pretax Profit Margin is 2.5% in the latest year, well above the industry average of 1.6%.
- Shareholders received £390,000 in dividends this year, over 32% of the pretax profits of the company.
- Formal debt of the company has increased by £424,000, a rise of 138%.
- 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 the only Best Trading Partner in this industry (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 2 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).
- The company is among the Top 5 Cash Rich companies.
- The company is among the Top 24 companies listed under the Pretax Profits category (see section 3.2c).
Company Summary
The company currently has £47.5m sales and made £1.2m, by following the proposal plan, sales would rise to £56.0m and profits would rise to £1.5m.
Key Attractiveness Features
- ADD £47.5m 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 | 08-May-21 | 07-May-22 | 06-May-23 | 04-May-24 | 03-May-25 |
| Total Sales (£000) | 37073 | 32537 | 35716 | 47456 | 55998 |
| Pre-tax Profit (£000) | 1192 | 920 | 805 | 1201 | 1506 |
| Total Value (£000) | 7257 | 6471 | 5409 | 6086 | 9045 |
| Asset Value (£000) | 67 | 166 | 504 | 46 | 55 |
| Goodwill (£000) | 7190 | 6305 | 4905 | 6040 | 8990 |
| Liabilities (£000) | 1262 | 1210 | 1242 | 2210 | 2922 |
| Equity Value (£000) | 8519 | 7681 | 6651 | 8296 | 11967 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
MUSHROOMS HOLDINGS LTD (85.6%)
EWB INVESTMENTS LTD (4.9%)
MR JAMES RAILSTONE FOSKETT (2.2%)
JS YOUNG FARMS PARTNERSHIP (2.2%)
Immediate Shareholder: See Shareholders
Subsidiaries
None
Acquisition / Valuation Comments
This company has been established 22 years.
1 director is over 60 years of age.
The total value of the company is currently £6.1m 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 38% return on total assets.
The company's value would increase by 49% if the proposed business plan was followed.
The proposed plan would improve the overall financial strength of the company by 54%.
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