hilton international eyewear limited

3.5

hilton international eyewear limited Company Information

Share HILTON INTERNATIONAL EYEWEAR LIMITED
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Company Number

01955329

Registered Address

unit 21 sapcote centre, 374 high road, london, NW10 2DH

Industry

Non-specialised wholesale trade

 

Telephone

02084517800

Next Accounts Due

December 2024

Group Structure

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Directors

Navinchandra Sanghrajka32 Years

Dineshkumar Sanghrajka13 Years

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Shareholders

navin vanmali sanghrajka 40%

dinesh vanmali sanghrajka 40%

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hilton international eyewear limited Estimated Valuation

£460.4k

Pomanda estimates the enterprise value of HILTON INTERNATIONAL EYEWEAR LIMITED at £460.4k based on a Turnover of £1.7m and 0.28x industry multiple (adjusted for size and gross margin).

hilton international eyewear limited Estimated Valuation

£0

Pomanda estimates the enterprise value of HILTON INTERNATIONAL EYEWEAR LIMITED at £0 based on an EBITDA of £-3.9k and a 3.02x industry multiple (adjusted for size and gross margin).

hilton international eyewear limited Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of HILTON INTERNATIONAL EYEWEAR LIMITED at £1.9m based on Net Assets of £1.3m and 1.52x industry multiple (adjusted for liquidity).

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Hilton International Eyewear Limited Overview

Hilton International Eyewear Limited is a live company located in london, NW10 2DH with a Companies House number of 01955329. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in November 1985, it's largest shareholder is navin vanmali sanghrajka with a 40% stake. Hilton International Eyewear Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.7m with declining growth in recent years.

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Hilton International Eyewear Limited Health Check

Pomanda's financial health check has awarded Hilton International Eyewear Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £1.7m, make it smaller than the average company (£14.1m)

£1.7m - Hilton International Eyewear Limited

£14.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (5.3%)

-1% - Hilton International Eyewear Limited

5.3% - Industry AVG

production

Production

with a gross margin of 18.5%, this company has a higher cost of product (27.7%)

18.5% - Hilton International Eyewear Limited

27.7% - Industry AVG

profitability

Profitability

an operating margin of -1.1% make it less profitable than the average company (5.6%)

-1.1% - Hilton International Eyewear Limited

5.6% - Industry AVG

employees

Employees

with 11 employees, this is below the industry average (36)

11 - Hilton International Eyewear Limited

36 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.8k, the company has an equivalent pay structure (£41.8k)

£41.8k - Hilton International Eyewear Limited

£41.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £150k, this is less efficient (£354.8k)

£150k - Hilton International Eyewear Limited

£354.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 54 days, this is near the average (54 days)

54 days - Hilton International Eyewear Limited

54 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 168 days, this is slower than average (35 days)

168 days - Hilton International Eyewear Limited

35 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 80 days, this is in line with average (76 days)

80 days - Hilton International Eyewear Limited

76 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 92 weeks, this is more cash available to meet short term requirements (15 weeks)

92 weeks - Hilton International Eyewear Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 32.7%, this is a lower level of debt than the average (47.1%)

32.7% - Hilton International Eyewear Limited

47.1% - Industry AVG

hilton international eyewear 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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Hilton International Eyewear Limited Competitor Analysis

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Perform a competitor analysis for hilton international eyewear limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

hilton international eyewear limited Ownership

HILTON INTERNATIONAL EYEWEAR LIMITED group structure

Hilton International Eyewear Limited has no subsidiary companies.

Ultimate parent company

HILTON INTERNATIONAL EYEWEAR LIMITED

01955329

HILTON INTERNATIONAL EYEWEAR LIMITED Shareholders

navin vanmali sanghrajka 40%
dinesh vanmali sanghrajka 40%
rishi sanghrajka 10%
veeral sanghrajka 10%

hilton international eyewear limited directors

Hilton International Eyewear Limited currently has 4 directors. The longest serving directors include Mr Navinchandra Sanghrajka (Dec 1991) and Mr Dineshkumar Sanghrajka (Jun 2011).

officercountryagestartendrole
Mr Navinchandra Sanghrajka78 years Dec 1991- Director
Mr Dineshkumar Sanghrajka72 years Jun 2011- Director
Veeral SanghrajkaUnited Kingdom40 years Apr 2016- Director
Mr Rishi SanghrajkaUnited Kingdom36 years Apr 2016- Director

HILTON INTERNATIONAL EYEWEAR LIMITED financials

EXPORTms excel logo

Hilton International Eyewear Limited's latest turnover from March 2023 is estimated at £1.7 million and the company has net assets of £1.3 million. According to their latest financial statements, Hilton International Eyewear Limited has 11 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,650,4921,665,3841,389,0751,676,7451,537,5531,736,5452,576,5981,703,1761,945,2172,083,6152,681,5201,927,2402,837,5742,856,008
Other Income Or Grants00000000000000
Cost Of Sales1,345,9191,361,4751,143,0271,375,4491,272,1861,437,8952,094,2171,388,4411,590,0661,727,0252,200,7521,579,5502,330,9432,348,305
Gross Profit304,573303,909246,048301,297265,367298,650482,381314,735355,151356,590480,768347,690506,631507,704
Admin Expenses322,205259,150205,205285,729289,624270,819389,524318,495390,873408,349454,159505,894-144,181-638,515
Operating Profit-17,63244,75940,84315,568-24,25727,83192,857-3,760-35,722-51,75926,609-158,204650,8121,146,219
Interest Payable00000000000000
Interest Receivable43,7677,3019008086,3323,0201,2563,1462,9513,5194,3845,5804,7781,565
Pre-Tax Profit26,13552,06041,74316,375-17,92530,85194,114-614-32,771-48,24030,993-152,624655,5901,147,785
Tax-4,966-9,891-7,931-3,1110-5,862-18,823000-7,4380-183,565-321,380
Profit After Tax21,16942,16933,81213,264-17,92524,98975,291-614-32,771-48,24023,555-152,624472,025826,405
Dividends Paid00000000000000
Retained Profit21,16942,16933,81213,264-17,92524,98975,291-614-32,771-48,24023,555-152,624472,025826,405
Employee Costs459,355442,760335,463482,896435,960426,296416,474406,584131,900132,507163,521129,493190,121222,584
Number Of Employees111191312121212445467
EBITDA*-3,93649,77745,86120,586-22,53930,77795,759616-30,530-44,70733,976-150,485656,7811,154,773

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets142,175112,482117,500122,518111,036108,522111,468215,531117,735120,956126,838124,694123,663129,632
Intangible Assets00000000000000
Investments & Other114,000327,000327,000327,000392,281392,281366,781114,370442,982442,982271,370271,370211,3700
Debtors (Due After 1 year)00000191,8130353,818000000
Total Fixed Assets256,175439,482444,500449,518503,317692,616478,249683,719560,717563,938398,208396,064335,033129,632
Stock & work in progress296,700202,600133,400171,500266,000212,500508,200503,900380,120370,800280,500222,60088,400126,200
Trade Debtors247,074297,244233,070324,481219,4910697,6270380,750436,765681,548423,991787,352852,571
Group Debtors00000000000000
Misc Debtors00000000000000
Cash1,104,462955,143991,812808,636806,585881,859326,068679,067579,397601,071806,630947,0191,285,153626,147
misc current assets00000000000000
total current assets1,648,2361,454,9871,358,2821,304,6171,292,0761,094,3591,531,8951,182,9671,340,2671,408,6361,768,6781,593,6102,160,9051,604,918
total assets1,904,4111,894,4691,802,7821,754,1351,795,3931,786,9752,010,1441,866,6861,900,9841,972,5742,166,8861,989,6742,495,9381,734,550
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 622,906634,133584,615570,778625,300598,957847,1150812,632851,451997,523843,8661,197,506908,143
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities00000000000000
total current liabilities622,906634,133584,615570,778625,300598,957847,1150812,632851,451997,523843,8661,197,506908,143
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities0000000778,948000000
provisions00000000000000
total long term liabilities0000000778,948000000
total liabilities622,906634,133584,615570,778625,300598,957847,115778,948812,632851,451997,523843,8661,197,506908,143
net assets1,281,5051,260,3361,218,1671,183,3571,170,0931,188,0181,163,0291,087,7381,088,3521,121,1231,169,3631,145,8081,298,432826,407
total shareholders funds1,281,5051,260,3361,218,1671,183,3571,170,0931,188,0181,163,0291,087,7381,088,3521,121,1231,169,3631,145,8081,298,432826,407
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-17,63244,75940,84315,568-24,25727,83192,857-3,760-35,722-51,75926,609-158,204650,8121,146,219
Depreciation13,6965,0185,0185,0181,7182,9462,9024,3765,1927,0527,3677,7195,9698,554
Amortisation00000000000000
Tax-4,966-9,891-7,931-3,1110-5,862-18,823000-7,4380-183,565-321,380
Stock94,10069,200-38,100-94,50053,500-295,7004,300123,7809,32090,30057,900134,200-37,800126,200
Debtors-50,17064,174-91,411104,99027,678-505,814343,809-26,932-56,015-244,783257,557-363,361-65,219852,571
Creditors-11,22749,51813,837-54,52226,343-248,158847,115-812,632-38,819-146,072153,657-353,640289,363908,143
Accruals and Deferred Income00000000000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations-64,059-43,970181,278-47,537-77,374578,271575,942-908,864-22,654-36,296-135,262-274,964865,598762,765
Investing Activities
capital expenditure-43,38900-16,500-4,2320101,161-102,172-1,971-1,170-9,511-8,7500-138,186
Change in Investments-213,00000-65,281025,500252,411-328,6120171,612060,000211,3700
cash flow from investments169,6110048,781-4,232-25,500-151,250226,440-1,971-172,782-9,511-68,750-211,370-138,186
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities000000-778,948778,948000000
share issue0099800000000002
interest43,7677,3019008086,3323,0201,2563,1462,9513,5194,3845,5804,7781,565
cash flow from financing43,7677,3011,8988086,3323,020-777,692782,0942,9513,5194,3845,5804,7781,567
cash and cash equivalents
cash149,319-36,669183,1762,051-75,274555,791-352,99999,670-21,674-205,559-140,389-338,134659,006626,147
overdraft00000000000000
change in cash149,319-36,669183,1762,051-75,274555,791-352,99999,670-21,674-205,559-140,389-338,134659,006626,147

P&L

March 2023

turnover

1.7m

-1%

operating profit

-17.6k

0%

gross margin

18.5%

+1.12%

turnover

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

Balance Sheet

March 2023

net assets

1.3m

+0.02%

total assets

1.9m

+0.01%

cash

1.1m

+0.16%

net assets

Total assets minus all liabilities

hilton international eyewear limited company details

company number

01955329

Type

Private limited with Share Capital

industry

46900 - Non-specialised wholesale trade

incorporation date

November 1985

age

39

accounts

Unaudited Abridged

ultimate parent company

None

previous names

conti optical (london) limited (November 1991)

conti optical limited (October 1988)

incorporated

UK

address

unit 21 sapcote centre, 374 high road, london, NW10 2DH

last accounts submitted

March 2023

hilton international eyewear 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 did not find charges/mortgages relating to hilton international eyewear limited.

charges

hilton international eyewear limited Companies House Filings - See Documents

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