mr. polito's barber shops limited

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mr. polito's barber shops limited Company Information

Share MR. POLITO'S BARBER SHOPS LIMITED

Company Number

03192961

Shareholders

gennaro polito

christopher deadman

Group Structure

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Industry

Hairdressing and other beauty treatment

 

Registered Address

silver street, cambridge, cambridgeshire, CB3 9EL

mr. polito's barber shops limited Estimated Valuation

£34k

Pomanda estimates the enterprise value of MR. POLITO'S BARBER SHOPS LIMITED at £34k based on a Turnover of £65.7k and 0.52x industry multiple (adjusted for size and gross margin).

mr. polito's barber shops limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MR. POLITO'S BARBER SHOPS LIMITED at £0 based on an EBITDA of £-3.1k and a 4.11x industry multiple (adjusted for size and gross margin).

mr. polito's barber shops limited Estimated Valuation

£28.5k

Pomanda estimates the enterprise value of MR. POLITO'S BARBER SHOPS LIMITED at £28.5k based on Net Assets of £7.5k and 3.83x industry multiple (adjusted for liquidity).

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Mr. Polito's Barber Shops Limited Overview

Mr. Polito's Barber Shops Limited is a live company located in cambridgeshire, CB3 9EL with a Companies House number of 03192961. It operates in the hairdressing and other beauty treatment sector, SIC Code 96020. Founded in May 1996, it's largest shareholder is gennaro polito with a 50% stake. Mr. Polito's Barber Shops Limited is a mature, micro sized company, Pomanda has estimated its turnover at £65.7k with rapid growth in recent years.

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Mr. Polito's Barber Shops Limited Health Check

Pomanda's financial health check has awarded Mr. Polito'S Barber Shops Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £65.7k, make it smaller than the average company (£97.8k)

£65.7k - Mr. Polito's Barber Shops Limited

£97.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 35%, show it is growing at a faster rate (21.6%)

35% - Mr. Polito's Barber Shops Limited

21.6% - Industry AVG

production

Production

with a gross margin of 49%, this company has a higher cost of product (79.2%)

49% - Mr. Polito's Barber Shops Limited

79.2% - Industry AVG

profitability

Profitability

an operating margin of -4.8% make it less profitable than the average company (6.1%)

-4.8% - Mr. Polito's Barber Shops Limited

6.1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (3)

2 - Mr. Polito's Barber Shops Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £14.4k, the company has an equivalent pay structure (£14.4k)

£14.4k - Mr. Polito's Barber Shops Limited

£14.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £32.8k, this is less efficient (£43.3k)

£32.8k - Mr. Polito's Barber Shops Limited

£43.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 125 days, this is later than average (27 days)

125 days - Mr. Polito's Barber Shops Limited

27 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 92 days, this is quicker than average (105 days)

92 days - Mr. Polito's Barber Shops Limited

105 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Mr. Polito's Barber Shops Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Mr. Polito's Barber Shops Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 68%, this is a lower level of debt than the average (88.1%)

68% - Mr. Polito's Barber Shops Limited

88.1% - Industry AVG

MR. POLITO'S BARBER SHOPS LIMITED financials

EXPORTms excel logo

Mr. Polito'S Barber Shops Limited's latest turnover from May 2024 is estimated at £65.7 thousand and the company has net assets of £7.5 thousand. According to their latest financial statements, Mr. Polito'S Barber Shops Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Turnover65,65976,67550,84226,52983,35640,19531,64246,762104,171475,136829,669798,606386,029270,294186,168
Other Income Or Grants
Cost Of Sales33,48937,61428,23814,39442,89619,46015,86422,65951,802226,697388,475416,247235,170162,041109,516
Gross Profit32,17039,06122,60412,13540,46020,73515,77824,10352,369248,439441,195382,360150,859108,25376,652
Admin Expenses35,30027,59230,44316,48624,24019,56021,34022,559102,584230,006433,520350,258140,092112,72169,568
Operating Profit-3,13011,469-7,839-4,35116,2201,175-5,5621,544-50,21518,4337,67532,10210,767-4,4687,084
Interest Payable
Interest Receivable13315843268461
Pre-Tax Profit-3,13011,469-7,839-4,35116,2201,175-5,5621,544-50,20218,4647,73332,14410,792-4,3847,144
Tax-2,867-3,082-223-293-3,693-1,624-7,393-2,590-2,000
Profit After Tax-3,1308,602-7,839-4,35113,138952-5,5621,251-50,20214,7716,10924,7518,202-4,3845,144
Dividends Paid
Retained Profit-3,1308,602-7,839-4,35113,138952-5,5621,251-50,20214,7716,10924,7518,202-4,3845,144
Employee Costs28,75229,58327,45912,85212,82413,28313,81215,26834,602137,894273,623308,512125,28293,90080,065
Number Of Employees22211111281820976
EBITDA*-3,13011,469-7,839-4,35116,2201,175-5,5621,544-50,21518,9528,36733,65512,748-3,4568,123

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Tangible Assets6809071,2091,6122,1492,8662,0807781,0371,5562,0752,7673,6902,5163,004
Intangible Assets6301,3811,554
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets6809071,2091,6122,1492,8662,0807781,0371,5562,0752,7674,3203,8974,558
Stock & work in progress125517615525450562
Trade Debtors22,59531,41524,28116,20331,52011,1578,73012,63714,40957,80059,80050,05030,65017,19113,340
Group Debtors
Misc Debtors
Cash5,2227,26915,9781,0329,21124,293
misc current assets
total current assets22,59531,41524,28116,20331,52011,1578,73012,63714,40963,14767,58666,64332,20726,85238,195
total assets23,27532,32225,49017,81533,66914,02310,81013,41515,44664,70369,66169,41036,52730,74942,753
Bank overdraft
Bank loan
Trade Creditors 8,49010,4078,1777,99619,49912,99110,7307,77311,05510,10829,83735,69527,56325,05329,274
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities8,49010,4078,1777,99619,49912,99110,7307,77311,05510,10829,83735,69527,56325,05329,274
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities7,33311,33315,3334,9348,333
provisions
total long term liabilities7,33311,33315,3334,9348,333
total liabilities15,82321,74023,5107,99619,49912,99110,7307,77311,05510,10829,83735,69527,56329,98737,607
net assets7,45210,5821,9809,81914,1701,032805,6424,39154,59539,82433,7158,9647625,146
total shareholders funds7,45210,5821,9809,81914,1701,032805,6424,39154,59539,82433,7158,9647625,146
May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Operating Activities
Operating Profit-3,13011,469-7,839-4,35116,2201,175-5,5621,544-50,21518,4337,67532,10210,767-4,4687,084
Depreciation5196929231,230839866
Amortisation630751173173
Tax-2,867-3,082-223-293-3,693-1,624-7,393-2,590-2,000
Stock-125-392-989075-112562
Debtors-8,8207,1348,078-15,31720,3632,427-3,907-1,772-43,391-2,0009,75019,40013,4593,85113,340
Creditors-1,9172,230181-11,5036,5082,2612,957-3,282947-19,729-5,8588,1322,510-4,22129,274
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations3,7733,698-15,736-537-7177861,302-259-5,752-2,078-8,76714,904-866-11,41621,495
Investing Activities
capital expenditure227302403537717-786-1,302259519-2,404-351-5,597
Change in Investments
cash flow from investments227302403537717-786-1,302259519-2,404-351-5,597
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-4,000-4,00015,333-4,934-3,3998,333
share issue-22
interest13315843268461
cash flow from financing-4,000-4,00015,33311315843-4,908-3,3158,396
cash and cash equivalents
cash-5,222-2,047-8,70914,946-8,179-15,08224,293
overdraft
change in cash-5,222-2,047-8,70914,946-8,179-15,08224,293

mr. polito's barber shops 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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Mr. Polito's Barber Shops Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for mr. polito's barber shops limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in CB3 area or any other competitors across 12 key performance metrics.

mr. polito's barber shops limited Ownership

MR. POLITO'S BARBER SHOPS LIMITED group structure

Mr. Polito'S Barber Shops Limited has no subsidiary companies.

Ultimate parent company

MR. POLITO'S BARBER SHOPS LIMITED

03192961

MR. POLITO'S BARBER SHOPS LIMITED Shareholders

gennaro polito 50%
christopher deadman 50%

mr. polito's barber shops limited directors

Mr. Polito'S Barber Shops Limited currently has 2 directors. The longest serving directors include Mr Gennaro Polito (May 1996) and Mr Christopher Deadman (Jul 2022).

officercountryagestartendrole
Mr Gennaro Polito58 years May 1996- Director
Mr Christopher Deadman40 years Jul 2022- Director

P&L

May 2024

turnover

65.7k

-14%

operating profit

-3.1k

0%

gross margin

49%

-3.82%

turnover

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

Balance Sheet

May 2024

net assets

7.5k

-0.3%

total assets

23.3k

-0.28%

cash

0

0%

net assets

Total assets minus all liabilities

mr. polito's barber shops limited company details

company number

03192961

Type

Private limited with Share Capital

industry

96020 - Hairdressing and other beauty treatment

incorporation date

May 1996

age

29

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

May 2024

previous names

N/A

accountant

-

auditor

-

address

silver street, cambridge, cambridgeshire, CB3 9EL

Bank

-

Legal Advisor

-

mr. polito's barber shops 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 mr. polito's barber shops limited.

mr. polito's barber shops limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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mr. polito's barber shops limited Companies House Filings - See Documents

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