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Rochling industrial (uk) ltd
Registration Number
01947990Incorporation Date
17/09/1985Last Annual Return
Not availableAddress
Waterwells Drive, Waterwells Business Park, Gloucester, Gloucestershire. GL2 2AA
Website
www.roechling-plastics.co.ukAudit Fees
£26,000Secretary
Ms Elizabeth Elliott
Directors
Active
Mr Peter Eckerstorfer (44 yrs)
Active
Mr Florian Johannes Martin Helmich (51 yrs)
Active
Mr Dietmar Telgenkamper (59 yrs)
Active
Mr Daniel Benjamin Fritz (50 yrs)
Active
Mr Michael Sydney Knowles (62 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 31-Dec-20 | 31-Dec-21 | 31-Dec-22 | 31-Dec-23 | 29-Dec-24 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (£000) | 12010 | 23457 | 27166 | 32211 | 38009 |
| Directors Fees | 155 | 169 | 201 | 203 | 244 |
| Gross Profits | 2125 | 6355 | 7510 | 7968 | 9402 |
| Value Added | 3541 | 2481 | 11309 | 12014 | 13842 |
| Trading Profit | 1142 | -3369 | 4351 | 4772 | 6073 |
| Depreciation | 474 | 809 | 846 | 1028 | |
| Non-Trading Income | 3 | 7867 | 0 | 13 | 0 |
| Total Interest Charges | 68 | 64 | 48 | 17 | 20 |
| Pre-tax Profit | 603 | 3625 | 3457 | 3740 | 4819 |
| Retained Profit (Shareholders Funds) | 442 | 2932 | 2795 | 2808 | 2244 |
| Fixed Assets | 2878 | 4773 | 5379 | 4855 | 5826 |
| Intangibles | 0 | 1461 | 1298 | 1553 | 1864 |
| Intermediate Assets | 6243 | 1 | 1 | 1 | 1 |
| Stocks | 2478 | 4921 | 6542 | 5060 | 5971 |
| Debtors | 2175 | 4319 | 4770 | 4749 | 5604 |
| Cash or Equivalent | 539 | 2469 | 1869 | 5034 | 3682 |
| Total Current Assets | 5192 | 11709 | 13181 | 14843 | 15257 |
| Creditors | 228 | 850 | 1024 | 867 | 1177 |
| Short Term Borrowing | 2839 | 2402 | 2086 | 1327 | 0 |
| Other Current Liabilities | 655 | 1793 | 1722 | 1674 | 2009 |
| Total Current Liabilities | 3722 | 5045 | 4832 | 3868 | 3186 |
| Net Current Assets | 1470 | 6664 | 8349 | 10975 | 12071 |
| Shareholders Funds | 8179 | 11111 | 13906 | 16714 | 18958 |
| Total Loan Capital | 2179 | 1305 | 436 | 0 | 0 |
| Other Capital Employed | 233 | 482 | 686 | 670 | 804 |
| Total Capital Employed | 10591 | 12898 | 15028 | 17384 | 19762 |
| Pretax Profit Margin % | 5.02 | 15.45 | 12.73 | 11.61 | 12.68 |
| Sales Growth % | 13 | 95 | 16 | 19 | 18 |
| Pretax Profit Growth % | 842 | 501 | -5 | 8 | 28.85 |
| Debtor Ratio Days | 66 | 67 | 64 | 54 | 53.6660147154699 |
| Creditor Ratio Days | 7 | 13 | 14 | 10 | 11.26715097327 |
| Stock Turnover | 5 | 5 | 4 | 6 | 6.3658102766798 |
| Sales £000 / Employee | 148 | 140 | 146 | 169 | 185.508376963351 |
| Value Added £000/Empl. | 44 | 15 | 61 | 63 | 67.5579022096017 |
| Av. Remun. £000 / Empl. | 30 | 35 | 37 | 38 | 37.9162303664921 |
| Total Empl. Remu. £000 | 2399 | 5850 | 6958 | 7242 | 7768.69090909088 |
| Employees | 81 | 167 | 186 | 191 | 204.890909090909 |
| Pretax Profit/Total Assets % | 4 | 20 | 17 | 18 | 21 |
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 18.6% in the latest year, well above the industry average of -4.6%.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- Exports contribute 21% towards the Total Sales of the company.
- Pretax Profit Margin is 11.6% in the latest year, well above the industry average of 3.6%.
- Formal debt of the company has decreased by £1.2m, a fall of 47%.
- 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 among the Top 50 companies listed as a Fastest Growing Company (see section 2.1c).
- The company is among the Top 12 in terms of Value Added.
- The company is among the Top 21 in terms of Trading Profits.
- 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 117 companies listed under the Pretax Profits category (see section 3.2c).
Company Summary
The company currently has £32.2m sales and made £3.7m, by following the proposal plan, sales would rise to £38.0m and profits would rise to £4.8m.
Key Attractiveness Features
- PRIVATELY OWNED
- ADD £32.2m TO SALES
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 | 31-Dec-21 | 31-Dec-22 | 31-Dec-23 | 29-Dec-24 |
| Total Sales (£000) | 12010 | 23457 | 27166 | 32211 | 38009 |
| Pre-tax Profit (£000) | 603 | 3625 | 3457 | 3740 | 4819 |
| Total Value (£000) | 17889 | -4570 | 36520 | 35953 | 44681 |
| Asset Value (£000) | 13774 | 15475 | 17990 | 16218 | 19266 |
| Goodwill (£000) | 4115 | -15475 | 18530 | 19735 | 25415 |
| Liabilities (£000) | -5595 | -4363 | -4085 | 496 | -308 |
| Equity Value (£000) | 12294 | -4363 | 32435 | 36449 | 44373 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
ROCHLING INDUSTRIAL SE & CO. KG - JOINT SHAREHOLDER (100.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
ROCHLING ENGINEERING PLASTICS (UK) LTD
ROCHLING FIBRACON LTD
ROCHLING INSOLL LTD
Acquisition / Valuation Comments
This company has been established 40 years.
The number of shareholders is low (1)
1 director is over 60 years of age.
The total value of the company is currently £36.0m 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 21% return on total assets.
The company's value would increase by 24% if the proposed business plan was followed.
The proposed plan would improve the overall financial strength of the company by 23%.
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