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Price & buckland ltd
Registration Number
00636587Incorporation Date
08/09/1959Last Annual Return
Not availableAddress
Benneworth Close, Hucknall, Nottingham, Nottinghamshire. NG15 6EL
Website
www.price-buckland.co.ukAudit Fees
£21,000Secretary
Ms Hannah Linnecor
Directors
Active
Mr Anthony James Buckland (59 yrs)
Active
Ms Fiona Jones (46 yrs)
Active
Mr Nicholas John Buckland (62 yrs)
Active
Ms Hannah Linnecor (34 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 31-Dec-21 | 31-Dec-22 | 31-Dec-23 | 31-Dec-24 | 30-Dec-25 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (£000) | 9028 | 9074 | 9226 | 10162 | 11399 |
| Directors Fees | 210 | 218 | 231 | 222 | 266 |
| Gross Profits | 3960 | 4127 | 4370 | 5038 | 5651 |
| Value Added | 3551 | 3461 | 3600 | 3897 | 4468 |
| Trading Profit | 1843 | 1719 | 1838 | 1975 | 2517 |
| Depreciation | 144 | 86 | 123 | 149 | |
| Non-Trading Income | 23 | 44 | 29 | 68 | 0 |
| Total Interest Charges | 38 | 52 | 84 | 82 | 98 |
| Pre-tax Profit | 1684 | 1625 | 1660 | 1812 | 2240 |
| Retained Profit (Shareholders Funds) | 809 | 1182 | 693 | 917 | 1087 |
| Fixed Assets | 1089 | 1593 | 1644 | 1643 | 1972 |
| Intangibles | 0 | 0 | 31 | 120 | 144 |
| Intermediate Assets | 100 | 100 | 116 | 116 | 139 |
| Stocks | 2489 | 2876 | 2948 | 3245 | 3640 |
| Debtors | 88 | 65 | 175 | 131 | 147 |
| Cash or Equivalent | 4044 | 4031 | 4417 | 4941 | 4624 |
| Total Current Assets | 6621 | 6972 | 7540 | 8317 | 8411 |
| Creditors | 563 | 577 | 562 | 458 | 591 |
| Short Term Borrowing | 988 | 131 | 134 | 137 | 0 |
| Other Current Liabilities | 987 | 703 | 771 | 925 | 1110 |
| Total Current Liabilities | 2538 | 1411 | 1467 | 1520 | 1701 |
| Net Current Assets | 4083 | 5561 | 6073 | 6797 | 6710 |
| Shareholders Funds | 4986 | 6168 | 6861 | 7778 | 8865 |
| Total Loan Capital | 275 | 1029 | 923 | 816 | 0 |
| Other Capital Employed | 11 | 57 | 81 | 83 | 100 |
| Total Capital Employed | 5272 | 7254 | 7865 | 8677 | 8965 |
| Pretax Profit Margin % | 18.65 | 17.91 | 17.99 | 17.83 | 19.65 |
| Sales Growth % | 11 | 1 | 2 | 10 | 12 |
| Pretax Profit Growth % | 16 | -4 | 2 | 9 | 24.00 |
| Debtor Ratio Days | 4 | 3 | 7 | 5 | 4.6923833890966 |
| Creditor Ratio Days | 23 | 23 | 22 | 16 | 18.8662468018107 |
| Stock Turnover | 4 | 3 | 3 | 3 | 3.1315870570108 |
| Sales £000 / Employee | 127 | 132 | 151 | 152 | 166.83880597015 |
| Value Added £000/Empl. | 50 | 50 | 59 | 58 | 65.7058823529412 |
| Av. Remun. £000 / Empl. | 24 | 25 | 29 | 29 | 28.6865671641791 |
| Total Empl. Remu. £000 | 1708 | 1742 | 1762 | 1922 | 1950.68656716418 |
| Employees | 71 | 69 | 61 | 67 | 68 |
| Pretax Profit/Total Assets % | 22 | 19 | 18 | 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 10.1% in the latest year, well above the industry average of -0.5%.
- Gross Profit Margin is 49.6% in the latest year, well above the industry average of 37.2%.
- Sales per Employee is £152,000 which is well above the industry average of £117,000.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- Pretax Profit Margin is 17.8% in the latest year, well above the industry average of 5.5%.
- Shareholders received £650,000 in dividends this year, over 36% of the pretax profits of the company.
- The Trading Stability chart shows a well below average sales return on total assets in the latest year
- The company is among the Top 50 companies listed as a Fastest Growing Company (see section 2.1c).
- The company is among the Top 4 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 7 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).
- The company is among the Top 8 in terms of Pretax Profit Return on Owners Funds.
Company Summary
The company currently has £10.2m sales and made £1.8m, by following the proposal plan, sales would rise to £11.4m and profits would rise to £2.2m.
Key Attractiveness Features
- PRIVATELY OWNED
- ADD £10.2m TO SALES
- FEW DIRECTORS
- HIGH DIVIDEND
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-21 | 31-Dec-22 | 31-Dec-23 | 31-Dec-24 | 30-Dec-25 |
| Total Sales (£000) | 9028 | 9074 | 9226 | 10162 | 11399 |
| Pre-tax Profit (£000) | 1684 | 1625 | 1660 | 1812 | 2240 |
| Total Value (£000) | 13311 | 13889 | 14644 | 15495 | 19062 |
| Asset Value (£000) | 3766 | 4634 | 4914 | 5255 | 6042 |
| Goodwill (£000) | 9545 | 9255 | 9730 | 10240 | 13020 |
| Liabilities (£000) | 1220 | 1534 | 1946 | 2522 | 2823 |
| Equity Value (£000) | 14531 | 15423 | 16590 | 18017 | 21885 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
MR ANTHONY JAMES BUCKLAND (24.9%)
MR N J BUCKLAND (24.9%)
MS SUZANNE BUCKLAND (18.9%)
MS VICTORIA BUCKLAND (18.9%)
Immediate Shareholder: See Shareholders
Subsidiaries
A.P.C. FASHIONS LTD
A.P.C. SCHOOLWEAR LTD
PRICE AND BUCKLAND (INDIA) PRIVATE LTD
Acquisition / Valuation Comments
This company has been established 67 years.
1 director is over 60 years of age.
1 director is under 40 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 £15.5m including debts.
The equity value is high, indicating low levels of total liabilities.
The proposed year is based on achieving a 21% return on total assets.
The company's value would increase by 23% if the proposed business plan was followed.
The proposed plan would improve the overall financial strength of the company by 14%.
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