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Eastern counties leather group ltd
Registration Number
02677639Incorporation Date
15/01/1992Last Annual Return
Not availableAddress
Towngate House, 2-8 Parkstone Road, Poole, Dorset. BH15 2PW
Website
www.leatherandsheepskin.comAudit Fees
Not availableSecretary
Not available
Directors
Active
Mr Suki Samra (51 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| ESTIMATED | ESTIMATED | ESTIMATED | ESTIMATED | ||
| Period Ending | 30-Sep-21 | 30-Sep-22 | 30-Sep-23 | 30-Sep-24 | 29-Sep-25 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (Upper Estimate) | 3000 | 1300 | 1800 | 2800 | |
| Total Sales (Mid Est./ Actual) | 2500 | 1100 | 1500 | 2300 | |
| Total Sales (Lower Estimate) | 2000 | 900 | 1200 | 1800 | |
| Directors Fees | NA | NA | NA | NA | NA |
| Gross Profits | NA | NA | NA | NA | NA |
| Value Added | NA | NA | NA | NA | NA |
| Trading Profit | NA | NA | NA | NA | NA |
| Depreciation | NA | NA | NA | NA | |
| Non-Trading Income | NA | NA | NA | NA | 0 |
| Total Interest Charges | NA | NA | NA | NA | NA |
| Pre-tax Profit | NA | NA | NA | NA | 89 |
| Retained Profit (Shareholders Funds) | 146 | 616 | -258 | 15 | 9 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 |
| Intangibles | 0 | 0 | 0 | 0 | 0 |
| Intermediate Assets | 150 | 0 | 0 | 0 | 0 |
| Stocks | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1161 | 17 | 17 | 821 | 772 |
| Cash or Equivalent | 1 | 1358 | 1347 | 22 | 115 |
| Total Current Assets | 1162 | 1375 | 1364 | 843 | 887 |
| Creditors | 972 | 418 | 665 | 129 | 164 |
| Short Term Borrowing | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 972 | 418 | 665 | 129 | 164 |
| Net Current Assets | 190 | 957 | 699 | 714 | 723 |
| Shareholders Funds | 341 | 957 | 699 | 714 | 723 |
| Total Loan Capital | 0 | 0 | 0 | 0 | 0 |
| Other Capital Employed | 0 | 0 | 0 | 0 | 0 |
| Total Capital Employed | 341 | 957 | 699 | 714 | 723 |
| Retained Profit Margin % | 5.84 | 56 | -17.2 | 0.65 | 3.5 |
| Sales Growth % | 25 | -56 | 36 | 53 | 11 |
| Retained Profit Growth % | 542 | 322 | -142 | 106 | -40.00 |
| Debtor Ratio Days | 169 | 6 | 4 | 130 | 110.442347826087 |
| Creditor Ratio Days | 142 | 138 | 161 | 20 | 23.478 |
| Stock Turnover | NA | NA | NA | NA | NA |
| Sales £000 / Employee | NA | NA | NA | NA | NA |
| Value Added £000/Empl. | NA | NA | NA | NA | NA |
| Av. Remun. £000 / Empl. | NA | NA | NA | NA | NA |
| Total Empl. Remu. £000 | NA | NA | NA | NA | NA |
| Employees | NA | 1 | 1 | 1 | NA |
| Retained Profit/Total Assets % | 11 | 45 | -19 | 2 | 10 |
Company Summary
- This analysis contains ESTIMATED data as the company has filed small/modified accounts. Provide the full data and we will update it.
- SHADED FIGURES INDICATE THAT ESTIMATED DATA HAS BEEN USED.
- TOTAL SALES FOR THIS COMPANY HAVE BEEN ESTIMATED, See appendix for details.
- The Plimsoll Chart is high and rising indicating an improvement in financial strength, well above the industry average. (ESTIMATED)
Company Summary
The company currently has £2.3m sales and made £15,000, by following the proposal plan, sales would rise to £2.5m and retained profits would fall to £9,000.
Key Attractiveness Features
- PRIVATELY OWNED
- 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 |
|||||
|---|---|---|---|---|---|
| ESTIMATED | ESTIMATED | ESTIMATED | ESTIMATED | ||
| Period Ending | 30-Sep-21 | 30-Sep-22 | 30-Sep-23 | 30-Sep-24 | 29-Sep-25 |
| Total Sales (Upper Estimate) | 3000 | 1300 | 1800 | 2800 | |
| Total Sales (Mid Est./ Actual) | 2500 | 1100 | 1500 | 2300 | |
| Total Sales (Lower Estimate) | 2000 | 900 | 1200 | 1800 | |
| Pre-tax Profit (£000) | NA | NA | NA | NA | 89 |
| Total Value (£000) | |||||
| Asset Value (£000) | 1311 | 17 | 17 | 821 | 772 |
| Goodwill (£000) | 264 | 1701 | 1176 | 870 | -546 |
| Liabilities (£000) | -971 | 940 | 682 | -107 | -49 |
| Equity Value (£000) | 604 | 2658 | 1875 | 1584 | 177 |
Total Value Formula (Estimated Accounts): ((Average 3 years retained profit)*7) plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
TRUSTEE OF TIMOTHY CHARLES MOORE AND KAREN ANNE MOORE SETTLEMENT (100.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
None
Acquisition / Valuation Comments
This company has been established 34 years.
The number of shareholders is low (1).
The value of the company has fluctuated in the last 2 years.
The total value of the company is currently £1.7m including debts.
The equity value is high, indicating low levels of total liabilities.
The proposed year is based on achieving a 10% return on total assets.
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