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Bmt group ltd
Registration Number
01887373Incorporation Date
18/02/1985Last Annual Return
Not availableAddress
Part Level 5, Zig Zag Building, 70 Victoria Street, London, London. SW1E 6SQ
Website
www.bmt.orgAudit Fees
£193,000Secretary
Ms Trudy Michelle Grey
Directors
Active
Mr Michael Andrew Dewhirst (57 yrs)
Active
Ms Sarah Louise Kenny (52 yrs)
Active
Mr Gareth William Taylor (53 yrs)
Active
Mr Gavin Hill (58 yrs)
Active
Ms Susan Mary MacKenzie (64 yrs)
Active
Mr Ian Paul Tyler (65 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| 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 (£000) | 169917 | 157008 | 184686 | 203476 | 228318 |
| Directors Fees | 1087 | 1084 | 1572 | 1524 | 1829 |
| Gross Profits | NA | NA | NA | NA | NA |
| Value Added | 120616 | 111733 | 118636 | 140116 | 152444 |
| Trading Profit | 16059 | 10628 | 14205 | 24976 | 34982 |
| Depreciation | 2677 | 1642 | 1793 | 1609 | |
| Non-Trading Income | -6506 | -2282 | -4742 | -8407 | 0 |
| Total Interest Charges | 929 | 794 | 721 | 946 | 1135 |
| Pre-tax Profit | 5947 | 5910 | 6949 | 14014 | 31916 |
| Retained Profit (Shareholders Funds) | 18747 | 18951 | -150 | 9237 | 8408 |
| Fixed Assets | 9753 | 11056 | 8408 | 8159 | 9791 |
| Intangibles | 3819 | 4939 | 4939 | 4445 | 5334 |
| Intermediate Assets | 0 | 0 | 0 | 0 | 0 |
| Stocks | 333 | 360 | 233 | 211 | 237 |
| Debtors | 32700 | 38514 | 40391 | 42247 | 47405 |
| Cash or Equivalent | 56908 | 43386 | 52910 | 65863 | 82306 |
| Total Current Assets | 89941 | 82260 | 93534 | 108321 | 129948 |
| Creditors | 6058 | 7472 | 4445 | 6110 | 7884 |
| Short Term Borrowing | 11 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 38100 | 37061 | 46915 | 54380 | 65256 |
| Total Current Liabilities | 44169 | 44533 | 51360 | 60490 | 73140 |
| Net Current Assets | 45772 | 37727 | 42174 | 47831 | 56808 |
| Shareholders Funds | 16946 | 35897 | 35747 | 44984 | 53392 |
| Total Loan Capital | 0 | 0 | 0 | 0 | 0 |
| Other Capital Employed | 42266 | 17693 | 19642 | 15451 | 18541 |
| Total Capital Employed | 59212 | 53590 | 55389 | 60435 | 71933 |
| Pretax Profit Margin % | 3.5 | 3.76 | 3.76 | 6.89 | 13.98 |
| Sales Growth % | 0 | -8 | 18 | 10 | 12 |
| Pretax Profit Growth % | 144 | -1 | 18 | 102 | 128.00 |
| Debtor Ratio Days | 70 | 89 | 80 | 76 | 75.5760286225402 |
| Creditor Ratio Days | 13 | 17 | 9 | 11 | 12.5697674418604 |
| Stock Turnover | 510 | 436 | 793 | 964 | 964.341232227488 |
| Sales £000 / Employee | 116 | 123 | 148 | 158 | 173.641272304112 |
| Value Added £000/Empl. | 83 | 88 | 95 | 109 | 115.926996197719 |
| Av. Remun. £000 / Empl. | 72 | 79 | 84 | 89 | 89.3250581846393 |
| Total Empl. Remu. £000 | 104557 | 101105 | 104431 | 115140 | 117462.451512801 |
| Employees | 1460 | 1273 | 1250 | 1289 | 1315 |
| Pretax Profit/Total Assets % | 6 | 6 | 7 | 12 | 22 |
Company Summary
- The Plimsoll Chart is high and rising indicating an improvement in financial strength, but below the industry average.
- Total Sales have increased by 10.2% in the latest year, well above the industry average of 7.8%.
- The company lies an excellent 2nd in terms of Total Sales in this industry.
- The company lies an excellent 3rd in terms of Pretax Profits in this industry.
- Sales per Employee is £158,000 which is well above the industry average of £116,000.
- The average salary is £89,000 which is well above the industry average of £50,000.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- Pretax Profit Margin is 6.9% in the latest year, well above the industry average of 6.0%.
- Pretax Profit Margin has markedly improved from 3.8% to 6.9% 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 15 companies listed as a Best Trading Partner (see section 1c).
- The company is among the Top 14 in terms of Trading Profits.
- 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 66 companies listed under the Pretax Profits category (see section 3.2c).
Company Summary
The company currently has £203m sales and made £14.0m, by following the proposal plan, sales would rise to £228m and profits would rise to £31.9m.
Key Attractiveness Features
- ADD £203m TO SALES
- 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 | 30-Sep-21 | 30-Sep-22 | 30-Sep-23 | 30-Sep-24 | 29-Sep-25 |
| Total Sales (£000) | 169917 | 157008 | 184686 | 203476 | 228318 |
| Pre-tax Profit (£000) | 5947 | 5910 | 6949 | 14014 | 31916 |
| Total Value (£000) | 118950 | 105219 | 123891 | 179517 | 237167 |
| Asset Value (£000) | 46605 | 54869 | 53971 | 55062 | 62767 |
| Goodwill (£000) | 72345 | 50350 | 69920 | 124455 | 174400 |
| Liabilities (£000) | -29527 | -18840 | -18092 | -10078 | -9375 |
| Equity Value (£000) | 89423 | 86379 | 105799 | 169439 | 227792 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
EMPLOYEES BENEFIT TRUST OF BMT GROUP LTD
Immediate Shareholder: See Shareholders
Subsidiaries
BMT HOLDINGS (AUSTRALIA) PTY LTD
BMT INTERNATIONAL INC
BMT LTD
BMT NETHERLANDS B.V.
BMT SINGAPORE PTE. LTD.
DOR001BUK2 LTD
BMT BELGIUM
FLEET TECHNOLOGY
Acquisition / Valuation Comments
This company has been established 41 years.
The number of shareholders is low (1).
2 directors are over 60 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 £179.5m including debts.
The equity value is high, indicating low levels of total liabilities.
The proposed year is based on achieving a 22% return on total assets.
The company's value would increase by 32% 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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