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Timeplan education group ltd
Registration Number
02325304Incorporation Date
06/12/1988Last Annual Return
Not availableAddress
Longbow House, 14-20 Chiswell Street, London, London. EC1Y 4TW
Website
www.timeplan.comAudit Fees
Not availableSecretary
Not available
Directors
Active
Mr Mohammed Azam (48 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) | 8622 | 10577 | 15118 | 19591 | 23117 |
| Directors Fees | 0 | 0 | 0 | 0 | 0 |
| Gross Profits | 1919 | 2995 | 4474 | 6166 | 7276 |
| Value Added | 4837 | 6580 | 10291 | 12597 | 14001 |
| Trading Profit | -381 | 417 | 1315 | 2195 | 2842 |
| Depreciation | 53 | 39 | 44 | 40 | |
| Non-Trading Income | 0 | 0 | 0 | 0 | 0 |
| Total Interest Charges | 7 | 8 | 14 | 8 | 10 |
| Pre-tax Profit | -441 | 370 | 1257 | 2147 | 2784 |
| Retained Profit (Shareholders Funds) | -500 | 447 | 1042 | 1848 | 1288 |
| Fixed Assets | 70 | 66 | 78 | 112 | 134 |
| Intangibles | 0 | 82 | 174 | 234 | 281 |
| Intermediate Assets | 0 | 0 | 0 | 0 | 0 |
| Stocks | 0 | 0 | 0 | 0 | 0 |
| Debtors | 815 | 971 | 1099 | 1582 | 1867 |
| Cash or Equivalent | 3811 | 4658 | 4380 | 6545 | 6997 |
| Total Current Assets | 4626 | 5629 | 5479 | 8127 | 8864 |
| Creditors | 22 | 146 | 246 | 826 | 1121 |
| Short Term Borrowing | 1249 | 2343 | 1099 | 1026 | 0 |
| Other Current Liabilities | 1385 | 801 | 857 | 1244 | 1493 |
| Total Current Liabilities | 2656 | 3290 | 2202 | 3096 | 2614 |
| Net Current Assets | 1970 | 2339 | 3277 | 5031 | 6250 |
| Shareholders Funds | 2040 | 2487 | 3529 | 5377 | 6665 |
| Total Loan Capital | 0 | 0 | 0 | 0 | 0 |
| Other Capital Employed | 0 | 0 | 0 | 0 | 0 |
| Total Capital Employed | 2040 | 2487 | 3529 | 5377 | 6665 |
| Pretax Profit Margin % | -5.11 | 3.5 | 8.31 | 10.96 | 12.04 |
| Sales Growth % | -28 | 23 | 43 | 30 | 18 |
| Pretax Profit Growth % | 24 | 184 | 240 | 71 | 29.67 |
| Debtor Ratio Days | 34 | 33 | 26 | 29 | 29.393497013935 |
| Creditor Ratio Days | 1 | 5 | 6 | 15 | 17.6491041804911 |
| Stock Turnover | NA | NA | NA | NA | NA |
| Sales £000 / Employee | 30 | 33 | 31 | 37 | 40.2054104477612 |
| Value Added £000/Empl. | 17 | 20 | 21 | 24 | 24.3503351884645 |
| Av. Remun. £000 / Empl. | 18 | 19 | 19 | 19 | 19.4067164179104 |
| Total Empl. Remu. £000 | 5218 | 6163 | 8976 | 10402 | 11158.5090909091 |
| Employees | 292 | 322 | 480 | 536 | 574.981818181818 |
| Pretax Profit/Total Assets % | -9 | 6 | 22 | 25 | 30 |
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 29.6% in the latest year, well above the industry average of -1.4%.
- Gross Profit Margin is 31.5% in the latest year, well above the industry average of 19.4%.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- Pretax Profit Margin is 11.0% in the latest year, well above the industry average of 2.1%.
- Pretax Profit Margin has markedly improved from 8.3% to 11.0% 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 94 companies listed as a Best Trading Partner (see section 1c).
- The company is among the Top 50 in terms of Pretax Profit Return on Owners Funds.
- The company is among the Top 1027 companies listed under the Pretax Profits category (see section 3.2c).
Company Summary
The company currently has £19.6m sales and made £2.1m, by following the proposal plan, sales would rise to £23.1m and profits would rise to £2.8m.
Key Attractiveness Features
- ADD £19.6m TO SALES
- FEW DIRECTORS
- LOW SALES PER EMPLOYEE
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) | 8622 | 10577 | 15118 | 19591 | 23117 |
| Pre-tax Profit (£000) | -441 | 370 | 1257 | 2147 | 2784 |
| Total Value (£000) | -1285 | 3009 | 7706 | 12703 | 16252 |
| Asset Value (£000) | 885 | 1119 | 1351 | 1928 | 2282 |
| Goodwill (£000) | -885 | 1890 | 6355 | 10775 | 13970 |
| Liabilities (£000) | 1155 | 1368 | 2178 | 3449 | 4383 |
| Equity Value (£000) | 1155 | 4377 | 9884 | 16152 | 20635 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
DUSTER BIDCO LTD (100.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
None
Acquisition / Valuation Comments
This company has been established 37 years.
The number of shareholders is low (1)
The value of the company has risen in each of the last 2 years.
The value of the company has fluctuated in the last 2 years.
The total value of the company is currently £12.7m including debts.
The equity value is high, indicating low levels of total liabilities.
The proposed year is based on achieving a 30% return on total assets.
The company's value would increase by 28% if the proposed business plan was followed.
The proposed plan would improve the overall financial strength of the company by 28%.
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