Plimsoll

Close

Close

Book a FREE no obligation demo with one of our specialists to see how Plimsoll can help you

 

Book a free Demo

Excel parking services ltd

South Yorkshire. Registration No: 02878122

  • Registration Number

    02878122

  • Incorporation Date

    06/12/1993

  • Last Annual Return

    Not available

  • Address

    7 Europa View, Sheffield, South Yorkshire. S9 1XH

  • Website

    www.excelparking.co.uk

  • Audit Fees

    £34,000

  • Secretary

    Ms Karen Gillott

Directors

Active

Mr Alun Cockcroft (58 yrs)

Active

Mr Simon Robert Renshaw-Smith (59 yrs)

Company

Industry Av.

Proposed

Proposed
Year
Period Ending 30-Apr-22 30-Apr-23 30-Apr-24 30-Apr-25 29-Apr-26
Weeks 52 52 52 52 52
Total Sales (£000) 12829 16158 18586 21148 24646
Directors Fees 352 363 391 424 509
Gross Profits 6392 8833 10467 11888 13854
Value Added 6725 9171 10097 10329 13550
Trading Profit 2235 4262 5426 5316 8234
Depreciation 226 259 293 315
Non-Trading Income 4 50 299 558 0
Total Interest Charges 0 0 12 34 41
Pre-tax Profit 2013 4053 5420 5525 7815
Retained Profit (Shareholders Funds) 1087 2878 3541 4031 3315
Fixed Assets 2282 1996 1882 1993 2392
Intangibles 0 0 0 0 0
Intermediate Assets 7 7 7 0 0
Stocks 177 171 221 181 211
Debtors 1977 2547 2881 2839 3309
Cash or Equivalent 12849 15775 18894 23033 26652
Total Current Assets 15003 18493 21996 26053 30172
Creditors 1067 1009 1250 1034 1386
Short Term Borrowing 33 33 3 0 0
Other Current Liabilities 3736 4133 3885 4110 4932
Total Current Liabilities 4836 5175 5138 5144 6318
Net Current Assets 10167 13318 16858 20909 23854
Shareholders Funds 12307 15185 18726 22757 26072
Total Loan Capital 36 3 0 0 0
Other Capital Employed 112 133 21 145 174
Total Capital Employed 12455 15321 18747 22902 26246
Pretax Profit Margin % 15.69 25.08 29.16 26.13 31.71
Sales Growth % 40 26 15 14 17
Pretax Profit Growth % 841 101 34 2 41.00
Debtor Ratio Days 56 57 56 49 48.8649517684887
Creditor Ratio Days 30 23 24 18 20.4668242859845
Stock Turnover 72 94 84 117 116.839779005525
Sales £000 / Employee 76 89 98 116 127.817582417582
Value Added £000/Empl. 40 51 53 57 70.2072538860104
Av. Remun. £000 / Empl. 27 27 25 28 27.543956043956
Total Empl. Remu. £000 4490 4909 4671 5013 5315.98351648351
Employees 168 181 189 182 193
Pretax Profit/Total Assets % 12 20 23 20 24

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 13.8% in the latest year, well above the industry average of 4.3%.
  • Gross Profit Margin is 56.2% in the latest year, well above the industry average of 50.9%.
  • The company is ranked among the fastest growing in terms of sales growth in the latest year.
  • The company has consistently suffered a fall in sales growth (%) over the last 4 years along with 3 other companies.
  • The company has consistently improved pretax profits over the last 4 years. Only 6 other companies achieved this.
  • Pretax Profit Margin is 26.1% in the latest year, well above the industry average of 6.4%.
  • The Trading Stability chart shows a well below 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 11 companies listed as a Best Trading Partner (see section 1c).
  • The company is among the Top 15 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 16 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

Industry Av.

Proposed

The data extends above the graph limits

Company Summary

The company currently has £21.1m sales and made £5.5m, by following the proposal plan, sales would rise to £24.6m and profits would rise to £7.8m.

Key Attractiveness Features

  • PRIVATELY OWNED
  • ADD £21.1m TO SALES
  • ATTRACTIVE RATING
  • ATTRACTIVE PRICE

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 30-Apr-22 30-Apr-23 30-Apr-24 30-Apr-25 29-Apr-26
Total Sales (£000) 12829 16158 18586 21148 24646
Pre-tax Profit (£000) 2013 4053 5420 5525 7815
Total Value (£000) 16248 26551 32611 32138 47737
Asset Value (£000) 4443 4721 4991 5013 5912
Goodwill (£000) 11805 21830 27620 27125 41825
Liabilities (£000) 7865 10464 13735 17744 20160
Equity Value (£000) 24113 37015 46346 49882 67897

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

Shareholders / Ownership

MR SIMON ROBERT RENSHAW SMITH (100.0%)

Immediate Shareholder: See Shareholders

Subsidiaries

VEHICLE CONTROL SERVICES LTD

V.C.S. CAR PARK MANAGEMENT LTD

Acquisition / Valuation Comments

This company has been established 33 years.

The number of shareholders is low (1).

The value of the company has fluctuated in the last 2 years.

The total value of the company is currently £32.1m 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 24% return on total assets.

The company's value would increase by 49% if the proposed business plan was followed.

Book a FREE no obligation demo with one of our specialists to see how Plimsoll can help you

 

Book a free Demo
Please select a date and time for a demonstration.