sally salon services limited

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sally salon services limited Company Information

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Company Number

01060763

Registered Address

inspired ground floor, easthampstead road, bracknell, berkshire, RG12 1YQ

Industry

Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c

 

Telephone

01184675000

Next Accounts Due

June 2025

Group Structure

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Directors

Olivier Badezet6 Years

Heidi Van Ocken6 Years

Shareholders

sally uk holdings ltd 100%

sally salon services limited Estimated Valuation

£143.5m

Pomanda estimates the enterprise value of SALLY SALON SERVICES LIMITED at £143.5m based on a Turnover of £157.2m and 0.91x industry multiple (adjusted for size and gross margin).

sally salon services limited Estimated Valuation

£48.8m

Pomanda estimates the enterprise value of SALLY SALON SERVICES LIMITED at £48.8m based on an EBITDA of £6.3m and a 7.81x industry multiple (adjusted for size and gross margin).

sally salon services limited Estimated Valuation

£89.4m

Pomanda estimates the enterprise value of SALLY SALON SERVICES LIMITED at £89.4m based on Net Assets of £32.2m and 2.77x industry multiple (adjusted for liquidity).

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Sally Salon Services Limited Overview

Sally Salon Services Limited is a live company located in bracknell, RG12 1YQ with a Companies House number of 01060763. It operates in the other retail sale of new goods in specialised stores (not commercial art galleries and opticians) sector, SIC Code 47789. Founded in July 1972, it's largest shareholder is sally uk holdings ltd with a 100% stake. Sally Salon Services Limited is a mature, mega sized company, Pomanda has estimated its turnover at £157.2m with healthy growth in recent years.

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Sally Salon Services Limited Health Check

Pomanda's financial health check has awarded Sally Salon Services Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

5 Regular

positive_score

4 Weak

size

Size

annual sales of £157.2m, make it larger than the average company (£9.2m)

£157.2m - Sally Salon Services Limited

£9.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (5.8%)

5% - Sally Salon Services Limited

5.8% - Industry AVG

production

Production

with a gross margin of 49.9%, this company has a comparable cost of product (46%)

49.9% - Sally Salon Services Limited

46% - Industry AVG

profitability

Profitability

an operating margin of 1.4% make it less profitable than the average company (5.2%)

1.4% - Sally Salon Services Limited

5.2% - Industry AVG

employees

Employees

with 1540 employees, this is above the industry average (50)

1540 - Sally Salon Services Limited

50 - Industry AVG

paystructure

Pay Structure

on an average salary of £22.2k, the company has an equivalent pay structure (£25.3k)

£22.2k - Sally Salon Services Limited

£25.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £102.1k, this is less efficient (£125.4k)

£102.1k - Sally Salon Services Limited

£125.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 4 days, this is earlier than average (9 days)

4 days - Sally Salon Services Limited

9 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 38 days, this is close to average (38 days)

38 days - Sally Salon Services Limited

38 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 233 days, this is more than average (104 days)

233 days - Sally Salon Services Limited

104 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (22 weeks)

2 weeks - Sally Salon Services Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 63.4%, this is a similar level of debt than the average (58.7%)

63.4% - Sally Salon Services Limited

58.7% - Industry AVG

sally salon services limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Sally Salon Services Limited Competitor Analysis

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Perform a competitor analysis for sally salon services limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

sally salon services limited Ownership

SALLY SALON SERVICES LIMITED group structure

Sally Salon Services Limited has no subsidiary companies.

Ultimate parent company

SALLY BEAUTY HOLDINGS INC

#0054804

2 parents

SALLY SALON SERVICES LIMITED

01060763

SALLY SALON SERVICES LIMITED Shareholders

sally uk holdings ltd 100%

sally salon services limited directors

Sally Salon Services Limited currently has 2 directors. The longest serving directors include Mr Olivier Badezet (Mar 2018) and Ms Heidi Van Ocken (Mar 2018).

officercountryagestartendrole
Mr Olivier BadezetEngland54 years Mar 2018- Director
Ms Heidi Van OckenEngland56 years Mar 2018- Director

SALLY SALON SERVICES LIMITED financials

EXPORTms excel logo

Sally Salon Services Limited's latest turnover from September 2023 is £157.2 million and the company has net assets of £32.2 million. According to their latest financial statements, Sally Salon Services Limited has 1,540 employees and maintains cash reserves of £2 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover157,192,000155,916,000131,340,000136,959,000151,891,000149,948,000151,160,000148,064,000142,877,000137,764,000133,270,000130,995,000127,699,000107,465,00081,955,000
Other Income Or Grants000000000000000
Cost Of Sales78,753,00076,060,00066,232,00075,059,00079,818,00075,809,00077,458,00077,096,00074,467,00072,868,00070,250,00069,933,00068,925,00059,172,00041,797,000
Gross Profit78,439,00079,856,00065,108,00061,900,00072,073,00074,139,00073,702,00070,968,00068,410,00064,896,00063,020,00061,062,00058,774,00048,293,00040,158,000
Admin Expenses76,206,00076,404,00060,759,00068,658,00067,784,00070,218,00068,907,00065,348,00063,675,00060,836,00061,390,00060,396,00055,169,00045,890,00040,459,000
Operating Profit2,233,0003,452,0004,349,000-6,758,0004,289,0003,921,0004,795,0005,620,0004,735,0004,060,0001,630,000666,0003,605,0002,403,000-301,000
Interest Payable800,000106,00021,000106,0000040,000047,000180,000232,00036,00017,00024,000117,000
Interest Receivable0132,00063,00003,000150,00035,00013,00008,0002,000130,000225,00023,00071,000
Pre-Tax Profit1,433,00011,785,0009,591,000-2,960,0004,293,0004,071,0004,790,0005,633,0004,688,0003,888,0001,400,000760,0003,488,0002,402,0001,104,000
Tax-553,000-859,000-1,476,000147,000-583,000-345,000-701,000-960,000-306,000-813,000-975,000509,000-661,000344,000123,000
Profit After Tax880,00010,926,0008,115,000-2,813,0003,710,0003,726,0004,089,0004,673,0004,382,0003,075,000425,0001,269,0002,827,0002,746,0001,227,000
Dividends Paid28,939,00006,154,0003,548,00000000000002,500,000
Retained Profit-28,059,00010,926,0001,961,000-6,361,0003,710,0003,726,0004,089,0004,673,0004,382,0003,075,000425,0001,269,0002,827,0002,746,000-1,273,000
Employee Costs34,249,00033,152,00030,789,00032,577,00031,266,00032,795,00031,532,00029,528,00028,977,00027,895,00026,802,00024,732,00026,482,00022,392,00019,680,000
Number Of Employees1,5401,6021,6341,7081,6061,6271,7121,6731,6551,6341,6201,5521,6381,689935
EBITDA*6,250,0008,830,00010,480,000-1,064,00010,450,00010,279,00011,403,00011,167,0009,300,0008,305,0004,830,0003,275,0006,685,0004,623,0001,898,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets10,610,00011,439,00014,218,00018,036,00020,489,00023,359,00025,154,00023,543,00021,132,00021,124,00020,014,00012,687,0009,283,0009,702,0007,050,000
Intangible Assets19,000128,000237,000346,000000000000367,000667,000
Investments & Other1,450,0001,450,0001,450,0001,450,0001,450,0001,450,0001,450,0001,450,0001,450,0001,450,0001,450,0001,450,0001,450,0001,450,0001,450,000
Debtors (Due After 1 year)00000000000002,967,0000
Total Fixed Assets12,079,00013,017,00015,905,00019,832,00021,939,00024,809,00026,604,00024,993,00022,582,00022,574,00021,464,00014,137,00010,733,00014,486,0009,167,000
Stock & work in progress50,340,00052,635,00037,460,00037,165,00044,363,00041,242,00038,064,00037,343,00037,085,00036,030,00039,319,00037,251,00034,803,00029,538,00020,735,000
Trade Debtors2,046,0005,086,0003,260,0005,148,0001,198,0001,183,0002,299,0001,593,0001,564,0001,420,0003,117,0002,724,0002,813,0002,052,0001,378,000
Group Debtors9,925,00033,442,00035,595,00026,711,0003,785,00012,421,0009,228,0006,026,0007,861,0004,069,0003,177,0008,738,00017,673,00012,004,00016,946,000
Misc Debtors11,762,0009,300,0007,043,0005,393,00015,646,00010,113,00010,089,0007,751,0007,402,0007,947,0006,975,0007,980,0005,406,0002,015,0004,396,000
Cash1,992,0001,618,0001,577,0002,432,0003,335,0002,797,0002,494,0001,983,0001,901,0001,750,0002,452,0003,424,0002,236,0001,922,0001,689,000
misc current assets000000000000000
total current assets76,065,000102,081,00084,935,00076,849,00068,327,00067,756,00062,174,00054,696,00055,813,00051,216,00055,040,00060,117,00062,931,00047,531,00045,144,000
total assets88,144,000115,098,000100,840,00096,681,00090,266,00092,565,00088,778,00079,689,00078,395,00073,790,00076,504,00074,254,00073,664,00062,017,00054,311,000
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 8,302,00016,447,0004,695,0008,473,0007,756,0009,789,00010,618,00013,711,00017,876,00015,550,00018,226,00020,997,00019,216,00012,298,00013,054,000
Group/Directors Accounts31,661,00018,161,00017,569,00022,480,00024,023,00018,077,00017,442,00019,487,00018,667,00020,419,00025,109,00017,629,00023,219,00024,214,00021,464,000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities9,999,00014,511,00023,163,00020,766,00010,312,00018,753,00018,697,00010,018,00010,273,00010,707,0009,592,00012,964,00010,222,0007,377,0004,457,000
total current liabilities49,962,00049,119,00045,427,00051,719,00042,091,00046,619,00046,757,00043,216,00046,816,00046,676,00052,927,00051,590,00052,657,00043,889,00038,975,000
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions5,934,0005,672,0006,032,0006,748,0001,381,000265,000115,000215,000280,00098,000156,000174,000213,000474,000623,000
total long term liabilities5,934,0005,672,0006,032,0006,748,0001,381,000265,000115,000215,000280,00098,000156,000174,000213,000474,000623,000
total liabilities55,896,00054,791,00051,459,00058,467,00043,472,00046,884,00046,872,00043,431,00047,096,00046,774,00053,083,00051,764,00052,870,00044,363,00039,598,000
net assets32,248,00060,307,00049,381,00038,214,00046,794,00045,681,00041,906,00036,258,00031,299,00027,016,00023,421,00022,490,00020,794,00017,654,00014,713,000
total shareholders funds32,248,00060,307,00049,381,00038,214,00046,794,00045,681,00041,906,00036,258,00031,299,00027,016,00023,421,00022,490,00020,794,00017,654,00014,713,000
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit2,233,0003,452,0004,349,000-6,758,0004,289,0003,921,0004,795,0005,620,0004,735,0004,060,0001,630,000666,0003,605,0002,403,000-301,000
Depreciation3,908,0005,269,0006,022,0005,648,0006,161,0006,358,0006,608,0005,547,0004,565,0004,245,0003,200,0002,609,0002,713,0001,855,0001,866,000
Amortisation109,000109,000109,00046,00000000000367,000365,000333,000
Tax-553,000-859,000-1,476,000147,000-583,000-345,000-701,000-960,000-306,000-813,000-975,000509,000-661,000344,000123,000
Stock-2,295,00015,175,000295,000-7,198,0003,121,0003,178,000721,000258,0001,055,000-3,289,0002,068,0002,448,0005,265,0008,803,00020,735,000
Debtors-24,095,0001,930,0008,646,00016,623,000-3,088,0002,101,0006,246,000-1,457,0003,391,000167,000-6,173,000-6,450,0006,854,000-3,682,00022,720,000
Creditors-8,145,00011,752,000-3,778,000717,000-2,033,000-829,000-3,093,000-4,165,0002,326,000-2,676,000-2,771,0001,781,0006,918,000-756,00013,054,000
Accruals and Deferred Income-4,512,000-8,652,0002,397,00010,454,000-8,441,00056,0008,679,000-255,000-434,0001,115,000-3,372,0002,742,0002,845,0002,920,0004,457,000
Deferred Taxes & Provisions262,000-360,000-716,0005,367,0001,116,000150,000-100,000-65,000182,000-58,000-18,000-39,000-261,000-149,000623,000
Cash flow from operations19,692,000-6,394,000-2,034,0006,196,000476,0004,032,0009,221,0006,921,0006,622,0008,995,0001,799,00012,270,0003,407,0001,861,000-23,300,000
Investing Activities
capital expenditure-3,079,000-2,490,000-2,204,000-3,587,000-3,291,000-4,563,000-8,219,000-7,958,000-4,573,000-5,355,000-10,527,000-6,013,000-2,294,000-4,572,000-9,916,000
Change in Investments000000000000001,450,000
cash flow from investments-3,079,000-2,490,000-2,204,000-3,587,000-3,291,000-4,563,000-8,219,000-7,958,000-4,573,000-5,355,000-10,527,000-6,013,000-2,294,000-4,572,000-11,366,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts13,500,000592,000-4,911,000-1,543,0005,946,000635,000-2,045,000820,000-1,752,000-4,690,0007,480,000-5,590,000-995,0002,750,00021,464,000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue009,206,000-2,219,000-2,597,00049,0001,559,000286,000-99,000520,000506,000427,000313,000195,00015,986,000
interest-800,00026,00042,000-106,0003,000150,000-5,00013,000-47,000-172,000-230,00094,000208,000-1,000-46,000
cash flow from financing12,700,000618,0004,337,000-3,868,0003,352,000834,000-491,0001,119,000-1,898,000-4,342,0007,756,000-5,069,000-474,0002,944,00037,404,000
cash and cash equivalents
cash374,00041,000-855,000-903,000538,000303,000511,00082,000151,000-702,000-972,0001,188,000314,000233,0001,689,000
overdraft000000000000000
change in cash374,00041,000-855,000-903,000538,000303,000511,00082,000151,000-702,000-972,0001,188,000314,000233,0001,689,000

P&L

September 2023

turnover

157.2m

+1%

operating profit

2.2m

-35%

gross margin

50%

-2.57%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2023

net assets

32.2m

-0.47%

total assets

88.1m

-0.23%

cash

2m

+0.23%

net assets

Total assets minus all liabilities

sally salon services limited company details

company number

01060763

Type

Private limited with Share Capital

industry

47789 - Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c

incorporation date

July 1972

age

52

accounts

Full Accounts

ultimate parent company

SALLY BEAUTY HOLDINGS INC

previous names

sally hair and beauty supplies limited (September 2008)

ogee limited (October 2000)

incorporated

UK

address

inspired ground floor, easthampstead road, bracknell, berkshire, RG12 1YQ

last accounts submitted

September 2023

sally salon services limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 6 charges/mortgages relating to sally salon services limited. Currently there are 6 open charges and 0 have been satisfied in the past.

charges

sally salon services limited Companies House Filings - See Documents

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