headway retail limited
headway retail limited Company Information
Company Number
02925092
Registered Address
190 bagnall road, nottingham, NG6 8SF
Industry
Retail sale of second-hand goods (other than antiques and antique books) in stores
Telephone
01617949976
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
-0%
headway retail limited Estimated Valuation
Pomanda estimates the enterprise value of HEADWAY RETAIL LIMITED at £34.8k based on a Turnover of £58.9k and 0.59x industry multiple (adjusted for size and gross margin).
headway retail limited Estimated Valuation
Pomanda estimates the enterprise value of HEADWAY RETAIL LIMITED at £185.4k based on an EBITDA of £37.8k and a 4.91x industry multiple (adjusted for size and gross margin).
headway retail limited Estimated Valuation
Pomanda estimates the enterprise value of HEADWAY RETAIL LIMITED at £178.4k based on Net Assets of £37.8k and 4.73x industry multiple (adjusted for liquidity).
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Headway Retail Limited Overview
Headway Retail Limited is a live company located in nottingham, NG6 8SF with a Companies House number of 02925092. It operates in the retail sale of other second-hand goods in stores (not incl. antiques) sector, SIC Code 47799. Founded in May 1994, it's largest shareholder is unknown. Headway Retail Limited is a mature, micro sized company, Pomanda has estimated its turnover at £58.9k with high growth in recent years.
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Headway Retail Limited Health Check
Pomanda's financial health check has awarded Headway Retail 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
3 Strong
1 Regular
4 Weak
Size
annual sales of £58.9k, make it smaller than the average company (£466.1k)
£58.9k - Headway Retail Limited
£466.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (3.6%)
17% - Headway Retail Limited
3.6% - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (86.3%)
100% - Headway Retail Limited
86.3% - Industry AVG
Profitability
an operating margin of 64.1% make it more profitable than the average company (8.2%)
64.1% - Headway Retail Limited
8.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (13)
2 - Headway Retail Limited
13 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Headway Retail Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £29.4k, this is less efficient (£37.5k)
£29.4k - Headway Retail Limited
£37.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Headway Retail Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Headway Retail Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Headway Retail Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 52 weeks, this is less cash available to meet short term requirements (96 weeks)
52 weeks - Headway Retail Limited
96 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.6%, this is a lower level of debt than the average (38.7%)
20.6% - Headway Retail Limited
38.7% - Industry AVG
HEADWAY RETAIL LIMITED financials
Headway Retail Limited's latest turnover from December 2022 is £58.9 thousand and the company has net assets of £37.8 thousand. According to their latest financial statements, Headway Retail Limited has 2 employees and maintains cash reserves of £9.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 58,882 | 20,257 | 17,619 | 36,959 | 30,629 | 24,199 | 28,486 | 14,817 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Gross Profit | 58,882 | 20,257 | 17,619 | 36,959 | 30,629 | 24,199 | 28,486 | 14,817 | ||||||
| Admin Expenses | 21,121 | 19,074 | 17,305 | 18,548 | 17,694 | 15,992 | 14,751 | 11,206 | ||||||
| Operating Profit | 37,761 | 1,183 | 314 | 18,411 | 12,935 | 8,207 | 13,735 | 3,611 | ||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Pre-Tax Profit | 37,761 | 1,183 | 314 | 18,411 | 12,935 | 8,207 | 13,735 | 3,611 | ||||||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Profit After Tax | 37,761 | 1,183 | 314 | 18,411 | 12,935 | 8,207 | 13,735 | 3,611 | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Retained Profit | 37,761 | 1,183 | 314 | 18,411 | 12,935 | 8,207 | 13,735 | 3,611 | ||||||
| Employee Costs | 0 | 0 | ||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||||
| EBITDA* | 37,761 | 1,183 | 314 | 18,411 | 12,935 | 8,207 | 13,735 | 3,611 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 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 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 37,761 | 1,183 | 314 | 18,411 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 9,814 | 3,376 | 2,937 | 6,160 | 5,105 | 4,033 | 4,788 | 2,490 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 47,575 | 4,559 | 3,251 | 24,571 | 5,105 | 4,033 | 4,788 | 2,490 | 0 | 0 | 0 | 0 | 0 | 0 |
| total assets | 47,575 | 4,559 | 3,251 | 24,571 | 5,105 | 4,033 | 4,788 | 2,490 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 9,814 | 3,376 | 2,937 | 6,160 | 5,105 | 4,033 | 4,788 | 2,490 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 9,814 | 3,376 | 2,937 | 6,160 | 5,105 | 4,033 | 4,788 | 2,490 | 0 | 0 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 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 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 9,814 | 3,376 | 2,937 | 6,160 | 5,105 | 4,033 | 4,788 | 2,490 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | 37,761 | 1,183 | 314 | 18,411 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | 37,761 | 1,183 | 314 | 18,411 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 37,761 | 1,183 | 314 | 18,411 | 12,935 | 8,207 | 13,735 | 3,611 | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 36,578 | 869 | -18,097 | 18,411 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 6,438 | 439 | -3,223 | 1,055 | 1,072 | -755 | 2,298 | 2,490 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 7,621 | 753 | 15,188 | 1,055 | 14,007 | 7,452 | 16,033 | 6,101 | ||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 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 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| cash flow from financing | -1,183 | -314 | -18,411 | 0 | -12,935 | -8,207 | -13,735 | -3,611 | ||||||
| cash and cash equivalents | ||||||||||||||
| cash | 6,438 | 439 | -3,223 | 1,055 | 1,072 | -755 | 2,298 | 2,490 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 6,438 | 439 | -3,223 | 1,055 | 1,072 | -755 | 2,298 | 2,490 | 0 | 0 | 0 | 0 | 0 | 0 |
headway retail limited Credit Report and Business Information
Headway Retail Limited Competitor Analysis
Perform a competitor analysis for headway retail limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in NG6 area or any other competitors across 12 key performance metrics.
headway retail limited Ownership
HEADWAY RETAIL LIMITED group structure
Headway Retail Limited has no subsidiary companies.
Ultimate parent company
HEADWAY RETAIL LIMITED
02925092
headway retail limited directors
Headway Retail Limited currently has 2 directors. The longest serving directors include Mr Allistair Renton (Nov 2010) and Mr Luke Griggs (Jul 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Allistair Renton | England | 83 years | Nov 2010 | - | Director |
| Mr Luke Griggs | 48 years | Jul 2023 | - | Director |
P&L
December 2022turnover
58.9k
+191%
operating profit
37.8k
+3092%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
37.8k
+30.92%
total assets
47.6k
+9.44%
cash
9.8k
+1.91%
net assets
Total assets minus all liabilities
Similar Companies
headway retail limited company details
company number
02925092
Type
Private Ltd By Guarantee w/o Share Cap
industry
47799 - Retail sale of second-hand goods (other than antiques and antique books) in stores
incorporation date
May 1994
age
30
accounts
Small Company
ultimate parent company
previous names
headsafe limited (December 2014)
incorporated
UK
address
190 bagnall road, nottingham, NG6 8SF
last accounts submitted
December 2022
headway retail 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 headway retail limited.
headway retail limited Companies House Filings - See Documents
| date | description | view/download |
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