bally sunglass & optical company limited

1.5

bally sunglass & optical company limited Company Information

Share BALLY SUNGLASS & OPTICAL COMPANY LIMITED
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Company Number

01368178

Registered Address

1 rosoman place, london, EC1R 0JY

Industry

Non-specialised wholesale trade

 

Telephone

02077131105

Next Accounts Due

May 2024

Group Structure

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Directors

Simon Jablon25 Years

Shareholders

mr simon alexander jablon 100%

bally sunglass & optical company limited Estimated Valuation

£2.8m

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

£0

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

£0

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).

Valuation Calculator
This valuation is estimated based on financial data from August 2022 

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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

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

8 Weak

size

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

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

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

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

Employees

with 53 employees, this is above the industry average (34)

53 - Bally Sunglass & Optical Company Limited

34 - Industry AVG

paystructure

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

Efficiency

resulting in sales per employee of £161k, this is less efficient (£349.4k)

£161k - Bally Sunglass & Optical Company Limited

£349.4k - Industry AVG

debtordays

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

creditordays

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

stockdays

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

cashbalance

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

debtlevel

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

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Bally Sunglass & Optical Company Limited Competitor Analysis

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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 Shareholders

mr simon alexander jablon 100%

bally sunglass & optical company limited directors

Bally Sunglass & Optical Company Limited currently has 1 director, Mr Simon Jablon serving since Mar 1999.

officercountryagestartendrole
Mr Simon JablonEngland45 years Mar 1999- Director

BALLY SUNGLASS & OPTICAL COMPANY LIMITED financials

EXPORTms excel logo

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 HousePomanda Estimates

Aug 2022Aug 2021Aug 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011Apr 2010
Turnover8,535,1356,394,0287,559,57112,038,1837,866,61313,680,18212,316,08910,463,5689,589,0657,441,5829,752,2898,846,8076,129,541
Other Income Or Grants0000000000000
Cost Of Sales6,244,5055,322,4706,444,8744,885,3185,379,7136,421,1895,206,0434,329,8414,319,0943,416,5817,018,3786,346,0204,405,987
Gross Profit2,290,6301,071,5581,114,6977,152,8652,486,9007,258,9937,110,0466,133,7275,269,9714,025,0012,733,9112,500,7871,723,554
Admin Expenses3,585,9182,814,1775,598,3345,407,839342,9745,502,4324,079,8423,406,1332,963,2952,531,8982,228,9232,571,3601,197,177
Operating Profit-1,295,288-1,742,619-4,483,6371,745,0262,143,9261,756,5613,030,2042,727,5942,306,6761,493,103504,988-70,573526,377
Interest Payable7,096155,686270,91054,00973,22652,45839,0295,7605,9865,981000
Interest Receivable005,4764,2422,435006,8113,8620399425378
Pre-Tax Profit-1,302,384-1,898,305-4,749,0711,748,533-3,283,1201,704,1032,991,1752,728,6452,304,5521,487,122505,387-70,148526,756
Tax056,685207,729-172,673362,913-346,885-604,891-591,695-540,520-356,007-121,2930-147,492
Profit After Tax-1,302,384-1,841,620-4,541,3421,575,860-2,920,2071,357,2182,386,2842,136,9501,764,0321,131,115384,094-70,148379,264
Dividends Paid00190,00000200,000350,000216,500100,00063,000000
Retained Profit-1,302,384-1,841,620-4,731,3421,575,860-2,920,2071,157,2182,036,2841,920,4501,664,0321,068,115384,094-70,148379,264
Employee Costs2,604,9251,875,6713,014,4523,121,5783,043,4502,689,6712,009,2021,584,6331,149,254873,4281,133,0681,045,666757,687
Number Of Employees53483976857158504032353324
EBITDA*-1,261,836-1,707,300-4,393,0691,879,5752,200,8561,843,3863,068,3272,754,4262,326,3091,507,065513,188-64,890532,275

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2022Aug 2021Aug 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011Apr 2010
Tangible Assets82,8771,531,6771,516,5261,006,8641,130,8121,122,3061,163,92164,10343,93142,05436,46416,49617,693
Intangible Assets0000000000000
Investments & Other0000000000000
Debtors (Due After 1 year)0000000000000
Total Fixed Assets82,8771,531,6771,516,5261,006,8641,130,8121,122,3061,163,92164,10343,93142,05436,46416,49617,693
Stock & work in progress1,889,3673,314,1184,776,2856,274,9685,622,1205,791,3305,608,8414,659,8672,151,8571,850,9381,519,2601,592,090194,200
Trade Debtors1,395,921390,585643,8651,935,182937,1093,913,6072,912,6563,502,5952,618,5671,294,9671,395,4721,069,2981,278,525
Group Debtors001,496,1581,640,354833,99600000000
Misc Debtors268,729631,274448,6721,688,5531,041,6881,946,238734,721189,650390,002354,120000
Cash1,113,062538,977938,995453,64870,9431,420,7151,294,5561,216,9661,531,030625,343140,59618,840151,287
misc current assets029,97600000000000
total current assets4,667,0794,904,9308,303,97511,992,7058,505,85613,071,89010,550,7749,569,0786,691,4564,125,3683,055,3282,680,2281,624,012
total assets4,749,9566,436,6079,820,50112,999,5699,636,66814,194,19611,714,6959,633,1816,735,3874,167,4223,091,7922,696,7241,641,705
Bank overdraft05,51401,058,176383,0270001,99828,669000
Bank loan049,475171,45304,437181,58132,481000000
Trade Creditors 925,8021,237,6171,663,3441,680,9551,679,3962,029,4551,027,4071,657,1981,348,584847,5202,390,1352,385,1611,259,875
Group/Directors Accounts3,793,6862,890,5482,238,824244,282534,447007,92800000
other short term finances0000000688,43200000
hp & lease commitments0000000000000
other current liabilities404,402982,5411,992,1152,630,387760,4622,686,5762,721,4471,921,3111,950,6551,520,455000
total current liabilities5,123,8905,165,6956,065,7365,613,8003,361,7694,897,6123,781,3354,274,8693,301,2372,396,6442,390,1352,385,1611,259,875
loans0342,462980,949565,707855,697719,263536,340000000
hp & lease commitments0000000000000
Accruals and Deferred Income0000000000000
other liabilities0000000000000
provisions083,96187,7070037,91314,83012,4068,6959,3548,3472,3472,466
total long term liabilities0426,4231,068,656565,707855,697757,176551,17012,4068,6959,3548,3472,3472,466
total liabilities5,123,8905,592,1187,134,3926,179,5074,217,4665,654,7884,332,5054,287,2753,309,9322,405,9982,398,4822,387,5081,262,341
net assets-373,934844,4892,686,1096,820,0625,419,2028,539,4087,382,1905,345,9063,425,4551,761,424693,310309,216379,364
total shareholders funds-373,934844,4892,686,1096,820,0625,419,2028,539,4087,382,1905,345,9063,425,4551,761,424693,310309,216379,364
Aug 2022Aug 2021Aug 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011Apr 2010
Operating Activities
Operating Profit-1,295,288-1,742,619-4,483,6371,745,0262,143,9261,756,5613,030,2042,727,5942,306,6761,493,103504,988-70,573526,377
Depreciation33,45235,31990,568134,54956,93086,82538,12326,83219,63313,9628,2005,6835,898
Amortisation0000000000000
Tax056,685207,729-172,673362,913-346,885-604,891-591,695-540,520-356,007-121,2930-147,492
Stock-1,424,751-1,462,167-1,498,683652,848-169,210182,489948,9742,508,010300,919331,678-72,8301,397,890194,200
Debtors642,791-1,566,836-2,675,3942,451,296-3,047,0522,212,468-44,868683,6761,359,482253,615326,174-209,2271,278,525
Creditors-311,815-425,727-17,6111,559-350,0591,002,048-629,791308,614501,064-1,542,6154,9741,125,2861,259,875
Accruals and Deferred Income-578,139-1,009,574-638,2721,869,925-1,926,114-34,871800,136-29,344430,2001,520,455000
Deferred Taxes & Provisions-83,961-3,74687,7070-37,91323,0832,4243,711-6591,0076,000-1192,466
Cash flow from operations-1,453,791-60,659-579,439474,2423,465,94591,8041,732,099-745,9741,055,993544,612149,525-128,386174,399
Investing Activities
capital expenditure1,415,348-50,470-600,230-10,601-65,436-45,210-1,137,941-47,003-21,510-19,552-28,168-4,486-23,591
Change in Investments0000000000000
cash flow from investments1,415,348-50,470-600,230-10,601-65,436-45,210-1,137,941-47,003-21,510-19,552-28,168-4,486-23,591
Financing Activities
Bank loans-49,475-121,978171,453-4,437-177,144149,10032,481000000
Group/Directors Accounts903,138651,7241,994,542-290,165534,4470-7,9287,92800000
Other Short Term Loans 000000-688,432688,43200000
Long term loans-342,462-638,487415,242-289,990136,434182,923536,340000000
Hire Purchase and Lease Commitments0000000000000
other long term liabilities0000000000000
share issue83,9610597,389-175,000-199,999001-1-100100
interest-7,096-155,686-265,434-49,767-70,791-52,458-39,0291,051-2,124-5,981399425378
cash flow from financing588,066-264,4272,913,192-809,359222,947279,565-166,568697,412-2,125-5,982399425478
cash and cash equivalents
cash574,085-400,018485,347382,705-1,349,772126,15977,590-314,064905,687484,747121,756-132,447151,287
overdraft-5,5145,514-1,058,176675,149383,02700-1,998-26,67128,669000
change in cash579,599-405,5321,543,523-292,444-1,732,799126,15977,590-312,066932,358456,078121,756-132,447151,287

P&L

August 2022

turnover

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 2022

net 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

PUYI GROUP LTD

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.

charges

bally sunglass & optical company limited Companies House Filings - See Documents

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