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September 2019 Management Team Management Team PLC Board PLC - PowerPoint PPT Presentation

September 2019 Management Team Management Team PLC Board PLC Board Paul Bassi Paul Bassi Non Executive Chairman Non Executive Chairman Tony Brewer Tony Brewer Chief Executive Chief Executive Roy Povey Roy Povey Chief Financial Officer


  1. September 2019

  2. Management Team Management Team PLC Board PLC Board Paul Bassi Paul Bassi Non Executive Chairman Non Executive Chairman Tony Brewer Tony Brewer Chief Executive Chief Executive Roy Povey Roy Povey Chief Financial Officer Chief Financial Officer Andrew Simpson Andrew Simpson Non Executive Director Non Executive Director 1

  3. Management Team Executive Board James Kellett Mainstream Commercial Adrian Laffey Mainstream Residential Anthony Graham Creative Residential and Europe 2

  4. Management Team Advisory Board Andy Woodhouse Keith Yates Stuart Large Paul Wiseman Geoff Duggan 3

  5. Equity Structure • January 2019 IPO 70,000,000 shares issued at 10 pence per share • April 2019 placing of 30,000,000 shares issued at 25 pence per share • Total shares in issue 152,341,994 • Current share price 34 pence giving market capitalisation of £51.79 million 4

  6. Acquisition of Heatseam • Sales revenue £21 Million • Pre Tax profit £1.6 Million • Net assets £3.8 Million Figures based on year end 31 st March 2019 • Consideration £8 Million cash (£0.5 Million deferred for 1 year) • Seller issued with 2 million Likewise Shares 5

  7. Our Business op South East Scotland 6

  8. Sales Resource Sales Representatives Brand Management Sales Agents 2 1 3 Bruce Starke 5 1 2 Factory Flooring - 1 4 Glasgow 9 2 - H&V Carpets - 2 2 Lewis Abbott - 3 2 Likewise South East - 2 - Likewise Trading - - 1 Marquee Floors 3 2 3 William Armes 2 1 - Likewise North 1 2 - Likewise North East Tot Total 21 21 16 16 19 19 From September 2nd 7

  9. Logistics Network National Distribution Hub Dewsbury 40,000 & 60,000 ft 2 National Distribution Centres Sudbury 80,000 ft 2 Glasgow Eye 40,000 ft 2 Regional Distribution Centres Glasgow 6,000 ft 2 Daventry 6,000 ft 2 Peckham 8,500 ft 2 Dewsbury Head Office Bromsgrove Daventry Meulebeke Bromsgrove Eye Sudbury Belgium Europe Peckham Meulebeke 20,000 ft 2 8

  10. Commercial Vehicles Location Trucks Vans 2 2 Glasgow 8 9 Dewsbury 2 6 Daventry - 4 Sudbury 2 2 Peckham Total Tot 19 19 18 18 9

  11. Contract Manufacturers 10

  12. Residential Manufacturers 11

  13. UK Floorcovering Market £ Sterling billion Verdict Sector Series – Furniture & Floorcoverings 12

  14. Future Acquisitions 13

  15. Distribution Centre 14

  16. Summary • Buy & build focusing on increased scale • Utilisation of extensive industry knowledge • Organic growth delivered through industry contacts • Establishment of a national distribution hub 15

  17. Tony Brewer, Chief Executive Officer Roy Povey, Chief Financial Officer info@likewisegroup.co.uk +44 (0) 1527 314 000 16

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