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Class delta ltd
Registration Number
08170845Incorporation Date
07/08/2012Last Annual Return
Not availableAddress
Pw Campus, 33 Speke Boulevard, Liverpool, Merseyside. L24 9HZ
Website
www.theproteinworks.comAudit Fees
£28,000Secretary
Not available
Directors
Active
Mr Mark Adrian Coxhead (54 yrs)
Active
Mr Richard Fraser Millman (58 yrs)
Active
Ms Laura Frances Keir (41 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 31-Aug-21 | 31-Aug-22 | 31-Aug-23 | 31-Aug-24 | 30-Aug-25 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (£000) | 25612 | 29074 | 42825 | 50733 | 59865 |
| Directors Fees | 0 | 0 | 0 | 0 | 0 |
| Gross Profits | 12202 | 14272 | 23946 | 30616 | 36127 |
| Value Added | 6317 | 7373 | 11686 | 14987 | 20316 |
| Trading Profit | 2034 | 2562 | 6938 | 9274 | 14188 |
| Depreciation | 217 | 366 | 425 | 457 | |
| Non-Trading Income | 0 | 0 | 0 | 72 | 0 |
| Total Interest Charges | 4 | 6 | 28 | 33 | 40 |
| Pre-tax Profit | 1813 | 2190 | 6485 | 8856 | 13600 |
| Retained Profit (Shareholders Funds) | 1675 | 1715 | 5162 | 6668 | 5314 |
| Fixed Assets | 740 | 1056 | 980 | 1666 | 1999 |
| Intangibles | 207 | 230 | 257 | 241 | 289 |
| Intermediate Assets | 0 | 0 | 0 | 0 | 0 |
| Stocks | 2586 | 4688 | 3769 | 5143 | 6069 |
| Debtors | 1716 | 1515 | 2814 | 1799 | 2123 |
| Cash or Equivalent | 2278 | 2225 | 8952 | 15693 | 21147 |
| Total Current Assets | 6580 | 8428 | 15535 | 22635 | 29339 |
| Creditors | 2423 | 2220 | 2634 | 2650 | 3596 |
| Short Term Borrowing | 56 | 140 | 90 | 104 | 0 |
| Other Current Liabilities | 1325 | 1689 | 3307 | 4341 | 5209 |
| Total Current Liabilities | 3804 | 4049 | 6031 | 7095 | 8805 |
| Net Current Assets | 2776 | 4379 | 9504 | 15540 | 20534 |
| Shareholders Funds | 3596 | 5311 | 10473 | 17141 | 22455 |
| Total Loan Capital | 32 | 212 | 126 | 0 | 0 |
| Other Capital Employed | 95 | 142 | 142 | 306 | 367 |
| Total Capital Employed | 3723 | 5665 | 10741 | 17447 | 22822 |
| Pretax Profit Margin % | 7.08 | 7.53 | 15.14 | 17.46 | 22.72 |
| Sales Growth % | 46 | 14 | 47 | 18 | 18 |
| Pretax Profit Growth % | 39 | 21 | 196 | 37 | 53.57 |
| Debtor Ratio Days | 24 | 19 | 24 | 13 | 12.9074961070703 |
| Creditor Ratio Days | 34 | 28 | 22 | 19 | 21.8652553564741 |
| Stock Turnover | 10 | 6 | 11 | 10 | 9.8644759867781 |
| Sales £000 / Employee | 191 | 169 | 286 | 317 | 348.789375 |
| Value Added £000/Empl. | 47 | 43 | 78 | 94 | 118.366525423729 |
| Av. Remun. £000 / Empl. | 32 | 28 | 32 | 36 | 35.70625 |
| Total Empl. Remu. £000 | 4283 | 4811 | 4748 | 5713 | 6128.49090909091 |
| Employees | 134 | 172 | 150 | 160 | 171.636363636364 |
| Pretax Profit/Total Assets % | 24 | 23 | 39 | 36 | 43 |
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 18.5% in the latest year, well above the industry average of 7.4%.
- Gross Profit Margin is 60.4% in the latest year, well above the industry average of 41.0%.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- The company has consistently improved pretax profits over the last 4 years.Only 4 other companies achieved this.
- Pretax Profit Margin is 17.5% in the latest year, well above the industry average of 9.7%.
- Formal debt of the company has decreased by £112,000, a fall of 52%.
- The Profitability chart shows a well above average pretax profit return on total assets in the latest year
- The company is among the Top 6 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 5 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 50 companies listed under the Pretax Profit Return on Total Assets category (see section 3.4c).
- The company is among the Top 40 companies listed under the Pretax Profits category (see section 3.2c).
Company Summary
The company currently has £50.7m sales and made £8.9m, by following the proposal plan, sales would rise to £59.9m and profits would rise to £13.6m.
Key Attractiveness Features
- ADD £50.7m TO SALES
- ATTRACTIVE PRICE
- 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 | 31-Aug-21 | 31-Aug-22 | 31-Aug-23 | 31-Aug-24 | 30-Aug-25 |
| Total Sales (£000) | 25612 | 29074 | 42825 | 50733 | 59865 |
| Pre-tax Profit (£000) | 1813 | 2190 | 6485 | 8856 | 13600 |
| Total Value (£000) | 14334 | 18469 | 40385 | 52934 | 78680 |
| Asset Value (£000) | 5249 | 7489 | 7820 | 8849 | 10480 |
| Goodwill (£000) | 9085 | 10980 | 32565 | 44085 | 68200 |
| Liabilities (£000) | -1653 | -2178 | 2653 | 8292 | 11975 |
| Equity Value (£000) | 12681 | 16291 | 43038 | 61226 | 90655 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
TPW GLOBAL LTD (100.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
CLASS DELTA S.R.L.
Acquisition / Valuation Comments
This company has been established 13 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 £52.9m including debts.
The equity value is high, indicating low levels of total liabilities.
The proposed year is based on achieving a 43% return on total assets.
The company's value would increase by 49% if the proposed business plan was followed.
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