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Branston ltd
Registration Number
02889789Incorporation Date
21/01/1994Last Annual Return
Not availableAddress
Mere Road, Branston, Lincoln, Lincolnshire. LN4 1NJ
Website
www.branston.comAudit Fees
£59,000Secretary
Ms Joanne Hill
Directors
Active
Ms Joanne Hill
Active
Mr James Windle (47 yrs)
Active
Mr John William Lockwood (71 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 25-Jul-21 | 31-Jul-22 | 30-Jul-23 | 28-Jul-24 | 27-Jul-25 |
| Weeks | 52 | 53 | 52 | 52 | 52 |
| Total Sales (£000) | 188303 | 187327 | 211255 | 265616 | 279286 |
| Directors Fees | 0 | 0 | 0 | 0 | 0 |
| Gross Profits | 23985 | 23048 | 26537 | 29820 | 31355 |
| Value Added | 36501 | 34383 | 38780 | 44751 | 46831 |
| Trading Profit | 13926 | 8648 | 9187 | 11924 | 15449 |
| Depreciation | 5849 | 5709 | 5580 | 5580 | |
| Non-Trading Income | 4 | 6 | 11 | 12 | 0 |
| Total Interest Charges | 385 | 72 | 95 | 936 | 842 |
| Pre-tax Profit | 7696 | 2873 | 3523 | 5420 | 9585 |
| Retained Profit (Shareholders Funds) | 2729 | 2249 | 2589 | 3545 | 3252 |
| Fixed Assets | 17682 | 22148 | 26318 | 34411 | 32690 |
| Intangibles | 0 | 0 | 0 | 0 | 0 |
| Intermediate Assets | 17 | 17 | 17 | 17 | 16 |
| Stocks | 3582 | 3910 | 3551 | 5870 | 5143 |
| Debtors | 18217 | 19888 | 25081 | 33649 | 30074 |
| Cash or Equivalent | 36126 | 27898 | 29374 | 40921 | 27923 |
| Total Current Assets | 57925 | 51696 | 58006 | 80440 | 63140 |
| Creditors | 12902 | 11961 | 17245 | 20767 | 25111 |
| Short Term Borrowing | 4104 | 5078 | 8041 | 11523 | 0 |
| Other Current Liabilities | 8504 | 5976 | 7015 | 9153 | 9153 |
| Total Current Liabilities | 25510 | 23015 | 32301 | 41443 | 34264 |
| Net Current Assets | 32415 | 28681 | 25705 | 38997 | 28876 |
| Shareholders Funds | 47202 | 49451 | 52040 | 55585 | 58837 |
| Total Loan Capital | 2912 | 1395 | 0 | 15095 | 0 |
| Other Capital Employed | 0 | 0 | 0 | 2745 | 2745 |
| Total Capital Employed | 50114 | 50846 | 52040 | 73425 | 61582 |
| Pretax Profit Margin % | 4.09 | 1.53 | 1.67 | 2.04 | 3.43 |
| Sales Growth % | -4 | -1 | 13 | 26 | 5 |
| Pretax Profit Growth % | 5 | -63 | 23 | 54 | 77.00 |
| Debtor Ratio Days | 35 | 39 | 43 | 46 | 39.1956832419734 |
| Creditor Ratio Days | 25 | 24 | 30 | 28 | 32.7279463586531 |
| Stock Turnover | 53 | 48 | 59 | 45 | 54.2996933560477 |
| Sales £000 / Employee | 244 | 234 | 256 | 308 | 338.560370799537 |
| Value Added £000/Empl. | 47 | 43 | 47 | 52 | 56.7648484848485 |
| Av. Remun. £000 / Empl. | 29 | 32 | 36 | 38 | 38.0382387022016 |
| Total Empl. Remu. £000 | 22575 | 25735 | 29593 | 32827 | 31381.5469293163 |
| Employees | 773 | 799 | 824 | 863 | 825 |
| Pretax Profit/Total Assets % | 10 | 4 | 4 | 5 | 10 |
Company Summary
- The Plimsoll Chart is falling though its height is ok.
- Total Sales have increased by 25.7% in the latest year, well above the industry average of 14.5%.
- The company lies an excellent 2nd in terms of Total Sales in this industry.
- The company lies an excellent 2nd in terms of Pretax Profits in this industry.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- Pretax Profit Margin has markedly improved from 1.7% to 2.0% in the latest year.
- Formal debt of the company has increased by £18.6m, a rise of 231%.
- We expect new accounts for this company to be filed in the next couple of months, contact us for an updated analysis.
- The company is among the Top 9 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 16 Leaders in Efficiency.
- The company is among the Top 132 companies listed under the Pretax Profits category (see section 3.2c).
Company Summary
The company currently has £266m sales and made £5.4m, by following the proposal plan, sales would rise to £279m and profits would rise to £9.6m.
Key Attractiveness Features
- ADD £266m TO SALES
- 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 |
|||||
|---|---|---|---|---|---|
| Period Ending | 25-Jul-21 | 31-Jul-22 | 30-Jul-23 | 28-Jul-24 | 27-Jul-25 |
| Total Sales (£000) | 188303 | 187327 | 211255 | 265616 | 279286 |
| Pre-tax Profit (£000) | 7696 | 2873 | 3523 | 5420 | 9585 |
| Total Value (£000) | 79883 | 60658 | 73002 | 105667 | 120058 |
| Asset Value (£000) | 39498 | 45963 | 54967 | 73947 | 67923 |
| Goodwill (£000) | 40385 | 14695 | 18035 | 31720 | 52135 |
| Liabilities (£000) | 7704 | 3488 | -2927 | -18362 | -9086 |
| Equity Value (£000) | 87587 | 64146 | 70075 | 87305 | 110972 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
BRANSTON HOLDINGS LTD (100.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
BRANSTON POTATOES LTD
THE REAL POTATO COMPANY LTD
THE REAL VEGETABLE COMPANY LTD
APS BIOCONTROL LTD
Acquisition / Valuation Comments
This company has been established 32 years.
The number of shareholders is low (1).
1 director is over 70 years of age.
The value of the company has risen in each of the last 2 years.
The total value of the company is currently £105.7m 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 company's value would increase by 14% if the proposed business plan was followed.
The proposed plan would improve the overall financial strength of the company by 37%.
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