bally sunglass & optical company limited Company Information
Company Number
01368178
Website
https://uk.lindafarrow.com/Registered Address
1 rosoman place, london, EC1R 0JY
Industry
Non-specialised wholesale trade
Telephone
02077131105
Next Accounts Due
May 2024
Group Structure
View All
Directors
Simon Jablon25 Years
Shareholders
mr simon alexander jablon 100%
bally sunglass & optical company limited Estimated Valuation
Pomanda estimates the enterprise value of BALLY SUNGLASS & OPTICAL COMPANY LIMITED at £2.8m based on a Turnover of £8.5m and 0.32x industry multiple (adjusted for size and gross margin).
bally sunglass & optical company limited Estimated Valuation
Pomanda estimates the enterprise value of BALLY SUNGLASS & OPTICAL COMPANY LIMITED at £0 based on an EBITDA of £-1.3m and a 3.46x industry multiple (adjusted for size and gross margin).
bally sunglass & optical company limited Estimated Valuation
Pomanda estimates the enterprise value of BALLY SUNGLASS & OPTICAL COMPANY LIMITED at £0 based on Net Assets of £-373.9k and 1.51x industry multiple (adjusted for liquidity).
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Bally Sunglass & Optical Company Limited Overview
Bally Sunglass & Optical Company Limited is a live company located in london, EC1R 0JY with a Companies House number of 01368178. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in May 1978, it's largest shareholder is mr simon alexander jablon with a 100% stake. Bally Sunglass & Optical Company Limited is a mature, mid sized company, Pomanda has estimated its turnover at £8.5m with declining growth in recent years.
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Bally Sunglass & Optical Company Limited Health Check
Pomanda's financial health check has awarded Bally Sunglass & Optical Company Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
8 Weak
Size
annual sales of £8.5m, make it smaller than the average company (£12.8m)
£8.5m - Bally Sunglass & Optical Company Limited
£12.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (4%)
-11% - Bally Sunglass & Optical Company Limited
4% - Industry AVG
Production
with a gross margin of 26.8%, this company has a comparable cost of product (28%)
26.8% - Bally Sunglass & Optical Company Limited
28% - Industry AVG
Profitability
an operating margin of -15.2% make it less profitable than the average company (6.6%)
-15.2% - Bally Sunglass & Optical Company Limited
6.6% - Industry AVG
Employees
with 53 employees, this is above the industry average (34)
53 - Bally Sunglass & Optical Company Limited
34 - Industry AVG
Pay Structure
on an average salary of £49.1k, the company has a higher pay structure (£40.8k)
£49.1k - Bally Sunglass & Optical Company Limited
£40.8k - Industry AVG
Efficiency
resulting in sales per employee of £161k, this is less efficient (£349.4k)
£161k - Bally Sunglass & Optical Company Limited
£349.4k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is near the average (53 days)
59 days - Bally Sunglass & Optical Company Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 54 days, this is slower than average (37 days)
54 days - Bally Sunglass & Optical Company Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 110 days, this is more than average (73 days)
110 days - Bally Sunglass & Optical Company Limited
73 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (17 weeks)
11 weeks - Bally Sunglass & Optical Company Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 107.9%, this is a higher level of debt than the average (47.4%)
107.9% - Bally Sunglass & Optical Company Limited
47.4% - Industry AVG
bally sunglass & optical company limited Credit Report and Business Information
Bally Sunglass & Optical Company Limited Competitor Analysis
Perform a competitor analysis for bally sunglass & optical company limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
bally sunglass & optical company limited Ownership
BALLY SUNGLASS & OPTICAL COMPANY LIMITED group structure
Bally Sunglass & Optical Company Limited has no subsidiary companies.
Ultimate parent company
PUYI GROUP LTD
#0160154
2 parents
BALLY SUNGLASS & OPTICAL COMPANY LIMITED
01368178
bally sunglass & optical company limited directors
Bally Sunglass & Optical Company Limited currently has 1 director, Mr Simon Jablon serving since Mar 1999.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Simon Jablon | England | 45 years | Mar 1999 | - | Director |
BALLY SUNGLASS & OPTICAL COMPANY LIMITED financials
Bally Sunglass & Optical Company Limited's latest turnover from August 2022 is £8.5 million and the company has net assets of -£373.9 thousand. According to their latest financial statements, Bally Sunglass & Optical Company Limited has 53 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Aug 2022 | Aug 2021 | Aug 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 8,535,135 | 6,394,028 | 7,559,571 | 12,038,183 | 7,866,613 | 13,680,182 | 12,316,089 | 10,463,568 | 9,589,065 | 7,441,582 | |||
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
Cost Of Sales | 6,244,505 | 5,322,470 | 6,444,874 | 4,885,318 | 5,379,713 | 6,421,189 | 5,206,043 | 4,329,841 | 4,319,094 | 3,416,581 | |||
Gross Profit | 2,290,630 | 1,071,558 | 1,114,697 | 7,152,865 | 2,486,900 | 7,258,993 | 7,110,046 | 6,133,727 | 5,269,971 | 4,025,001 | |||
Admin Expenses | 3,585,918 | 2,814,177 | 5,598,334 | 5,407,839 | 342,974 | 5,502,432 | 4,079,842 | 3,406,133 | 2,963,295 | 2,531,898 | |||
Operating Profit | -1,295,288 | -1,742,619 | -4,483,637 | 1,745,026 | 2,143,926 | 1,756,561 | 3,030,204 | 2,727,594 | 2,306,676 | 1,493,103 | |||
Interest Payable | 7,096 | 155,686 | 270,910 | 54,009 | 73,226 | 52,458 | 39,029 | 5,760 | 5,986 | 5,981 | |||
Interest Receivable | 0 | 0 | 5,476 | 4,242 | 2,435 | 0 | 0 | 6,811 | 3,862 | 0 | |||
Pre-Tax Profit | -1,302,384 | -1,898,305 | -4,749,071 | 1,748,533 | -3,283,120 | 1,704,103 | 2,991,175 | 2,728,645 | 2,304,552 | 1,487,122 | |||
Tax | 0 | 56,685 | 207,729 | -172,673 | 362,913 | -346,885 | -604,891 | -591,695 | -540,520 | -356,007 | |||
Profit After Tax | -1,302,384 | -1,841,620 | -4,541,342 | 1,575,860 | -2,920,207 | 1,357,218 | 2,386,284 | 2,136,950 | 1,764,032 | 1,131,115 | |||
Dividends Paid | 0 | 0 | 190,000 | 0 | 0 | 200,000 | 350,000 | 216,500 | 100,000 | 63,000 | |||
Retained Profit | -1,302,384 | -1,841,620 | -4,731,342 | 1,575,860 | -2,920,207 | 1,157,218 | 2,036,284 | 1,920,450 | 1,664,032 | 1,068,115 | |||
Employee Costs | 2,604,925 | 1,875,671 | 3,014,452 | 3,121,578 | 3,043,450 | 2,689,671 | 2,009,202 | 1,584,633 | 1,149,254 | 873,428 | |||
Number Of Employees | 53 | 48 | 39 | 76 | 85 | 71 | 58 | 50 | 40 | 32 | |||
EBITDA* | -1,261,836 | -1,707,300 | -4,393,069 | 1,879,575 | 2,200,856 | 1,843,386 | 3,068,327 | 2,754,426 | 2,326,309 | 1,507,065 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2022 | Aug 2021 | Aug 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 82,877 | 1,531,677 | 1,516,526 | 1,006,864 | 1,130,812 | 1,122,306 | 1,163,921 | 64,103 | 43,931 | 42,054 | 36,464 | 16,496 | 17,693 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 82,877 | 1,531,677 | 1,516,526 | 1,006,864 | 1,130,812 | 1,122,306 | 1,163,921 | 64,103 | 43,931 | 42,054 | 36,464 | 16,496 | 17,693 |
Stock & work in progress | 1,889,367 | 3,314,118 | 4,776,285 | 6,274,968 | 5,622,120 | 5,791,330 | 5,608,841 | 4,659,867 | 2,151,857 | 1,850,938 | 1,519,260 | 1,592,090 | 194,200 |
Trade Debtors | 1,395,921 | 390,585 | 643,865 | 1,935,182 | 937,109 | 3,913,607 | 2,912,656 | 3,502,595 | 2,618,567 | 1,294,967 | 1,395,472 | 1,069,298 | 1,278,525 |
Group Debtors | 0 | 0 | 1,496,158 | 1,640,354 | 833,996 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 268,729 | 631,274 | 448,672 | 1,688,553 | 1,041,688 | 1,946,238 | 734,721 | 189,650 | 390,002 | 354,120 | 0 | 0 | 0 |
Cash | 1,113,062 | 538,977 | 938,995 | 453,648 | 70,943 | 1,420,715 | 1,294,556 | 1,216,966 | 1,531,030 | 625,343 | 140,596 | 18,840 | 151,287 |
misc current assets | 0 | 29,976 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 4,667,079 | 4,904,930 | 8,303,975 | 11,992,705 | 8,505,856 | 13,071,890 | 10,550,774 | 9,569,078 | 6,691,456 | 4,125,368 | 3,055,328 | 2,680,228 | 1,624,012 |
total assets | 4,749,956 | 6,436,607 | 9,820,501 | 12,999,569 | 9,636,668 | 14,194,196 | 11,714,695 | 9,633,181 | 6,735,387 | 4,167,422 | 3,091,792 | 2,696,724 | 1,641,705 |
Bank overdraft | 0 | 5,514 | 0 | 1,058,176 | 383,027 | 0 | 0 | 0 | 1,998 | 28,669 | 0 | 0 | 0 |
Bank loan | 0 | 49,475 | 171,453 | 0 | 4,437 | 181,581 | 32,481 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 925,802 | 1,237,617 | 1,663,344 | 1,680,955 | 1,679,396 | 2,029,455 | 1,027,407 | 1,657,198 | 1,348,584 | 847,520 | 2,390,135 | 2,385,161 | 1,259,875 |
Group/Directors Accounts | 3,793,686 | 2,890,548 | 2,238,824 | 244,282 | 534,447 | 0 | 0 | 7,928 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 688,432 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 404,402 | 982,541 | 1,992,115 | 2,630,387 | 760,462 | 2,686,576 | 2,721,447 | 1,921,311 | 1,950,655 | 1,520,455 | 0 | 0 | 0 |
total current liabilities | 5,123,890 | 5,165,695 | 6,065,736 | 5,613,800 | 3,361,769 | 4,897,612 | 3,781,335 | 4,274,869 | 3,301,237 | 2,396,644 | 2,390,135 | 2,385,161 | 1,259,875 |
loans | 0 | 342,462 | 980,949 | 565,707 | 855,697 | 719,263 | 536,340 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 83,961 | 87,707 | 0 | 0 | 37,913 | 14,830 | 12,406 | 8,695 | 9,354 | 8,347 | 2,347 | 2,466 |
total long term liabilities | 0 | 426,423 | 1,068,656 | 565,707 | 855,697 | 757,176 | 551,170 | 12,406 | 8,695 | 9,354 | 8,347 | 2,347 | 2,466 |
total liabilities | 5,123,890 | 5,592,118 | 7,134,392 | 6,179,507 | 4,217,466 | 5,654,788 | 4,332,505 | 4,287,275 | 3,309,932 | 2,405,998 | 2,398,482 | 2,387,508 | 1,262,341 |
net assets | -373,934 | 844,489 | 2,686,109 | 6,820,062 | 5,419,202 | 8,539,408 | 7,382,190 | 5,345,906 | 3,425,455 | 1,761,424 | 693,310 | 309,216 | 379,364 |
total shareholders funds | -373,934 | 844,489 | 2,686,109 | 6,820,062 | 5,419,202 | 8,539,408 | 7,382,190 | 5,345,906 | 3,425,455 | 1,761,424 | 693,310 | 309,216 | 379,364 |
Aug 2022 | Aug 2021 | Aug 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||
Operating Profit | -1,295,288 | -1,742,619 | -4,483,637 | 1,745,026 | 2,143,926 | 1,756,561 | 3,030,204 | 2,727,594 | 2,306,676 | 1,493,103 | |||
Depreciation | 33,452 | 35,319 | 90,568 | 134,549 | 56,930 | 86,825 | 38,123 | 26,832 | 19,633 | 13,962 | 8,200 | 5,683 | 5,898 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | 0 | 56,685 | 207,729 | -172,673 | 362,913 | -346,885 | -604,891 | -591,695 | -540,520 | -356,007 | |||
Stock | -1,424,751 | -1,462,167 | -1,498,683 | 652,848 | -169,210 | 182,489 | 948,974 | 2,508,010 | 300,919 | 331,678 | -72,830 | 1,397,890 | 194,200 |
Debtors | 642,791 | -1,566,836 | -2,675,394 | 2,451,296 | -3,047,052 | 2,212,468 | -44,868 | 683,676 | 1,359,482 | 253,615 | 326,174 | -209,227 | 1,278,525 |
Creditors | -311,815 | -425,727 | -17,611 | 1,559 | -350,059 | 1,002,048 | -629,791 | 308,614 | 501,064 | -1,542,615 | 4,974 | 1,125,286 | 1,259,875 |
Accruals and Deferred Income | -578,139 | -1,009,574 | -638,272 | 1,869,925 | -1,926,114 | -34,871 | 800,136 | -29,344 | 430,200 | 1,520,455 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -83,961 | -3,746 | 87,707 | 0 | -37,913 | 23,083 | 2,424 | 3,711 | -659 | 1,007 | 6,000 | -119 | 2,466 |
Cash flow from operations | -1,453,791 | -60,659 | -579,439 | 474,242 | 3,465,945 | 91,804 | 1,732,099 | -745,974 | 1,055,993 | 544,612 | |||
Investing Activities | |||||||||||||
capital expenditure | -45,210 | -1,137,941 | -47,003 | -21,510 | -19,552 | ||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | -45,210 | -1,137,941 | -47,003 | -21,510 | -19,552 | ||||||||
Financing Activities | |||||||||||||
Bank loans | -49,475 | -121,978 | 171,453 | -4,437 | -177,144 | 149,100 | 32,481 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 903,138 | 651,724 | 1,994,542 | -290,165 | 534,447 | 0 | -7,928 | 7,928 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | -688,432 | 688,432 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -342,462 | -638,487 | 415,242 | -289,990 | 136,434 | 182,923 | 536,340 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||
interest | -7,096 | -155,686 | -265,434 | -49,767 | -70,791 | -52,458 | -39,029 | 1,051 | -2,124 | -5,981 | |||
cash flow from financing | 588,066 | -264,427 | 2,913,192 | -809,359 | 222,947 | 279,565 | -166,568 | 697,412 | -2,125 | -5,982 | |||
cash and cash equivalents | |||||||||||||
cash | 574,085 | -400,018 | 485,347 | 382,705 | -1,349,772 | 126,159 | 77,590 | -314,064 | 905,687 | 484,747 | 121,756 | -132,447 | 151,287 |
overdraft | -5,514 | 5,514 | -1,058,176 | 675,149 | 383,027 | 0 | 0 | -1,998 | -26,671 | 28,669 | 0 | 0 | 0 |
change in cash | 579,599 | -405,532 | 1,543,523 | -292,444 | -1,732,799 | 126,159 | 77,590 | -312,066 | 932,358 | 456,078 | 121,756 | -132,447 | 151,287 |
P&L
August 2022turnover
8.5m
+33%
operating profit
-1.3m
-26%
gross margin
26.9%
+60.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2022net assets
-373.9k
-1.44%
total assets
4.7m
-0.26%
cash
1.1m
+1.07%
net assets
Total assets minus all liabilities
bally sunglass & optical company limited company details
company number
01368178
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
incorporation date
May 1978
age
46
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
1 rosoman place, london, EC1R 0JY
last accounts submitted
August 2022
bally sunglass & optical company 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 7 charges/mortgages relating to bally sunglass & optical company limited. Currently there are 1 open charges and 6 have been satisfied in the past.
bally sunglass & optical company limited Companies House Filings - See Documents
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