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Rocal endurance holdings ltd

Brigg, South Humberside. Registration No: 13082187

  • Registration Number

    13082187

  • Incorporation Date

    15/12/2020

  • Last Annual Return

    Not available

  • Address

    Atherton Way, Brigg, Brigg, South Humberside. DN20 8AR

  • Website

    www.rocal.co.uk

  • Audit Fees

    £31,000

  • Secretary

    Not available

Directors

Active

Mr Kevin Ashe (61 yrs)

Active

Ms Alison Jenkin (57 yrs)

Active

Mr Garry Brewin (62 yrs)

Active

Mr Stephen John Nadin (59 yrs)

Company

Industry Av.

Proposed

Proposed
Year
Period Ending 31-Jul-22 31-Mar-23 31-Mar-24 31-Mar-25 30-Mar-26
Weeks 52 35 52 52 52
Total Sales (£000) 28831 21046 33040 35590 38886
Directors Fees 447 413 1200 857 1028
Gross Profits 10362 8201 13622 14054 15356
Value Added 10529 8240 13031 13381 13982
Trading Profit 3293 2780 3261 2390 3075
Depreciation 644 432 655 650
Non-Trading Income 0 0 57 62 0
Total Interest Charges 135 76 153 126 151
Pre-tax Profit 2514 2272 2510 1676 2144
Retained Profit (Shareholders Funds) 1973 1826 1800 1517 1006
Fixed Assets 1535 1840 2109 1914 2297
Intangibles 1938 1788 3976 3502 4202
Intermediate Assets 0 0 0 0 0
Stocks 2791 2676 2681 2540 2775
Debtors 3573 3298 4357 4314 4714
Cash or Equivalent 1572 2066 1823 2167 1327
Total Current Assets 7936 8040 8861 9021 8816
Creditors 2206 1694 1798 2282 2867
Short Term Borrowing 1323 1094 1091 913 0
Other Current Liabilities 1735 1491 2893 2408 2890
Total Current Liabilities 5264 4279 5782 5603 5757
Net Current Assets 2672 3761 3079 3418 3059
Shareholders Funds 2883 4709 6509 8026 9032
Total Loan Capital 2974 2323 1697 370 0
Other Capital Employed 288 357 958 438 526
Total Capital Employed 6145 7389 9164 8834 9558
Pretax Profit Margin % 8.72 10.8 7.6 4.71 5.51
Sales Growth % 159 -27 57 8 9
Pretax Profit Growth % 96 -10 10 -33 28.00
Debtor Ratio Days 45 38 48 44 44.121831975274
Creditor Ratio Days 28 20 20 23 26.8402697386907
Stock Turnover 10 8 12 14 14.011811023622
Sales £000 / Employee 145 89 125 135 148.855513307985
Value Added £000/Empl. 53 35 49 51 53.5708812260536
Av. Remun. £000 / Empl. 36 23 37 42 41.7908745247148
Total Empl. Remu. £000 7236 5460 9770 10991 10907.4182509506
Employees 199 236 265 263 261
Pretax Profit/Total Assets % 22 19 17 12 14

Company Summary

  • The Plimsoll Chart is high and rising indicating an improvement in financial strength, but below the industry average.
  • Total Sales have increased by 7.7% in the latest year, well above the industry average of -3.9%.
  • Gross Profit Margin is 39.5% in the latest year, well above the industry average of 29.0%.
  • The company is ranked among the fastest growing in terms of sales growth in the latest year.
  • Formal debt of the company has decreased by £1.5m, a fall of 54%.
  • The Profitability chart shows a well above average pretax profit return on total assets in the latest year.
  • NOTE THAT SOME ACCOUNTING PERIODS ARE NOT 52 WEEKS (* INDICATES THE AFFECTED CHARTS)
  • 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 60 companies listed under the Gross Profits category (see section 3.1c).
  • 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 21 in terms of Pretax Profit Return on Owners Funds.
  • The company is among the Top 74 companies listed under the Pretax Profits category (see section 3.2c).

Company

Industry Av.

Proposed

Company Summary

The company currently has £35.6m sales and made £1.7m, by following the proposal plan, sales would rise to £38.9m and profits would rise to £2.1m.

Key Attractiveness Features

  • PRIVATELY OWNED
  • ADD £35.6m 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
Acquisition Attractiveness
  • Highly Attractive
  • Worth Considering
  • Unattractive

Company Valuation

Proposed
Year
Period Ending 31-Jul-22 31-Mar-23 31-Mar-24 31-Mar-25 30-Mar-26
Total Sales (£000) 28831 21046 33040 35590 38886
Pre-tax Profit (£000) 2514 2272 2510 1676 2144
Total Value (£000) 25317 23407 32153 25255 30603
Asset Value (£000) 9837 9602 13123 12270 13988
Goodwill (£000) 15480 13805 19030 12985 16615
Liabilities (£000) -6954 -4893 -6614 -4244 -4956
Equity Value (£000) 18363 18514 25539 21011 25647

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

Shareholders / Ownership

MR STEPHEN J NADIN (59.0%)

MR DARREN ROBERTS (21.6%)

MR GARRY BREWIN (6.5%)

MR KEVIN DEAN ASHE (6.5%)

Immediate Shareholder: See Shareholders

Subsidiaries

BDC GROUP LTD

ROCAL EXTRUSIONS LTD

ROCAL INSULATING PANELS LTD.

Acquisition / Valuation Comments

2 directors are over 60 years of age.

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

The total value of the company is currently £25.3m 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 14% return on total assets.

The company's value would increase by 21% if the proposed business plan was followed.

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