13h 30min, feb 18, 2025 y - Greiner Bio-One Key WP Review

Description:

Medical supplies (syringes etc.)
Goods only
Distribution only
Completely substantive
PM £216k Group £650k
PPE converted Building from AUC £7m; sold old building for £2.2m profit £1.6m
Stock similar to PY at £2.6m
Cash +£2m due to property disposal
BNP Paribas external loan £3.5m PY £4.2m
IC payable +£800k confirmed
Outstanding invoices accrual -£200k
Revenues +£3m due to unfulfilled competitor volume
Staff costs -£400k ????
In COS 'other exp merchandise'+£300k
Interest expense doubled to £300k PY partial???
Profit after tax £3.4m

Review
Sales
- Sample size risk criteria wrong
- no consideration of VAT in TOD or walkthrough

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