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Comm-tech voice & data ltd
Registration Number
03286406Incorporation Date
02/12/1996Last Annual Return
Not availableAddress
Technology Centre, 40 Vulcan Road South, Norwich, Norfolk. NR6 6AF
Website
www.comm-tech.co.ukAudit Fees
£9,000Secretary
Mr Sarin Shringi
Directors
Active
Mr Tarachand Dass (38 yrs)
Active
Mr Justin Conrad Millar (56 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 31-Mar-21 | 31-Mar-22 | 31-Mar-23 | 31-Mar-24 | 30-Mar-25 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (£000) | 5484 | 5859 | 6503 | 7268 | 8294 |
| Directors Fees | 0 | 0 | 0 | 0 | 0 |
| Gross Profits | 1561 | 1761 | 2483 | 2905 | 3315 |
| Value Added | NA | NA | NA | NA | NA |
| Trading Profit | 426 | 549 | 1143 | 1419 | 2494 |
| Depreciation | 45 | 41 | 21 | 21 | |
| Non-Trading Income | 0 | 0 | 0 | 0 | 0 |
| Total Interest Charges | 139 | 76 | 1 | 0 | 0 |
| Pre-tax Profit | 242 | 432 | 1121 | 1398 | 2469 |
| Retained Profit (Shareholders Funds) | 251 | 381 | 905 | 916 | 839 |
| Fixed Assets | 74 | 105 | 98 | 84 | 101 |
| Intangibles | 277 | 199 | 165 | 131 | 157 |
| Intermediate Assets | 0 | 0 | 0 | 0 | 0 |
| Stocks | 58 | 51 | 44 | 39 | 45 |
| Debtors | 409 | 248 | 430 | 544 | 621 |
| Cash or Equivalent | 218 | 344 | 619 | 1681 | 2707 |
| Total Current Assets | 685 | 643 | 1093 | 2264 | 3373 |
| Creditors | 476 | 447 | 271 | 393 | 516 |
| Short Term Borrowing | 73 | 10 | 0 | 0 | 0 |
| Other Current Liabilities | 1117 | 737 | 640 | 657 | 788 |
| Total Current Liabilities | 1666 | 1194 | 911 | 1050 | 1304 |
| Net Current Assets | -981 | -551 | 182 | 1214 | 2069 |
| Shareholders Funds | -1067 | -686 | 219 | 1135 | 1974 |
| Total Loan Capital | 50 | 33 | 0 | 0 | 0 |
| Other Capital Employed | 386 | 405 | 227 | 294 | 353 |
| Total Capital Employed | -631 | -248 | 446 | 1429 | 2327 |
| Pretax Profit Margin % | 4.41 | 7.37 | 17.24 | 19.24 | 29.77 |
| Sales Growth % | NA | 7 | 11 | 12 | 14 |
| Pretax Profit Growth % | NA | 79 | 159 | 25 | 76.61 |
| Debtor Ratio Days | 27 | 15 | 24 | 27 | 27.2449091909741 |
| Creditor Ratio Days | 32 | 28 | 15 | 20 | 22.6348101265823 |
| Stock Turnover | 95 | 115 | 148 | 186 | 186.358974358974 |
| Sales £000 / Employee | 161 | 178 | 210 | 208 | 228.422857142857 |
| 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 | 34 | 33 | 31 | 35 | 36.3098150503963 |
| Pretax Profit/Total Assets % | 23 | 46 | 83 | 56 | 68 |
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 11.8% in the latest year, well above the industry average of 0.0%.
- 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 12 other companies achieved this.
- Pretax Profit Margin is 19.2% in the latest year, well above the industry average of 6.1%.
- The Trading Stability chart shows a well above average sales return on total assets 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 27 companies listed as a Best Trading Partner (see section 1c).
- The company is among the Top 50 in terms of Trading Profits.
- The company is among the Top 19 companies listed under the Sales Return on Total Assets category (see section 2.2c).
- 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 196 companies listed under the Pretax Profits category (see section 3.2c).
Company Summary
The company currently has £7.3m sales and made £1.4m, by following the proposal plan, sales would rise to £8.3m and profits would rise to £2.5m.
Key Attractiveness Features
- PRIVATELY OWNED
- ADD £7.3m TO SALES
- ATTRACTIVE RATING
- ATTRACTIVE PRICE
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-Mar-21 | 31-Mar-22 | 31-Mar-23 | 31-Mar-24 | 30-Mar-25 |
| Total Sales (£000) | 5484 | 5859 | 6503 | 7268 | 8294 |
| Pre-tax Profit (£000) | 242 | 432 | 1121 | 1398 | 2469 |
| Total Value (£000) | 2723 | 3143 | 6347 | 7788 | 13269 |
| Asset Value (£000) | 818 | 603 | 737 | 798 | 924 |
| Goodwill (£000) | 1905 | 2540 | 5610 | 6990 | 12345 |
| Liabilities (£000) | -1884 | -1288 | -519 | 337 | 1050 |
| Equity Value (£000) | 839 | 1855 | 5828 | 8125 | 14319 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
MR JUSTIN CONRAD JAMES MILLAR (31.0%)
MR TARACHAND DASS (16.3%)
MRS MELANIE JAYNE MILLAR (10.5%)
MR HARRY GEORGE MILLAR (10.5%)
Immediate Shareholder: See Shareholders
Subsidiaries
None
Acquisition / Valuation Comments
This company has been established 29 years.
1 director is under 40 years of age.
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 £7.8m including debts.
The equity value is high, indicating low levels of total liabilities.
This company is rated HIGHLY ATTRACTIVE in terms of attractiveness.
The proposed year is based on achieving a 68% return on total assets.
The company's value would increase by 70% if the proposed business plan was followed.
The proposed plan would improve the overall financial strength of the company by 24%.
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