sittingbourne specsavers limited
sittingbourne specsavers limited Company Information
Company Number
03460348
Next Accounts
Nov 2025
Shareholders
specsavers uk holdings limited
sharnpal singh bains
View AllGroup Structure
View All
Industry
Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c
Registered Address
forum 6, parkway, solent business park whiteley, fareham, PO15 7PA
sittingbourne specsavers limited Estimated Valuation
Pomanda estimates the enterprise value of SITTINGBOURNE SPECSAVERS LIMITED at £5.9k based on a Turnover of £19.2k and 0.31x industry multiple (adjusted for size and gross margin).
sittingbourne specsavers limited Estimated Valuation
Pomanda estimates the enterprise value of SITTINGBOURNE SPECSAVERS LIMITED at £125.4k based on an EBITDA of £43k and a 2.92x industry multiple (adjusted for size and gross margin).
sittingbourne specsavers limited Estimated Valuation
Pomanda estimates the enterprise value of SITTINGBOURNE SPECSAVERS LIMITED at £0 based on Net Assets of £-93.7k and 2.59x industry multiple (adjusted for liquidity).
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Sittingbourne Specsavers Limited Overview
Sittingbourne Specsavers Limited is a live company located in fareham, PO15 7PA with a Companies House number of 03460348. It operates in the other retail sale of new goods in specialised stores (not commercial art galleries and opticians) sector, SIC Code 47789. Founded in November 1997, it's largest shareholder is specsavers uk holdings limited with a 60% stake. Sittingbourne Specsavers Limited is a mature, micro sized company, Pomanda has estimated its turnover at £19.2k with declining growth in recent years.
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Sittingbourne Specsavers Limited Health Check
Pomanda's financial health check has awarded Sittingbourne Specsavers Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 9 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
9 Weak
Size
annual sales of £19.2k, make it smaller than the average company (£9.7m)
- Sittingbourne Specsavers Limited
£9.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (10.3%)
- Sittingbourne Specsavers Limited
10.3% - Industry AVG
Production
with a gross margin of 25.1%, this company has a higher cost of product (41.8%)
- Sittingbourne Specsavers Limited
41.8% - Industry AVG
Profitability
an operating margin of -264.2% make it less profitable than the average company (4.3%)
- Sittingbourne Specsavers Limited
4.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (50)
- Sittingbourne Specsavers Limited
50 - Industry AVG
Pay Structure
on an average salary of £29k, the company has an equivalent pay structure (£29k)
- Sittingbourne Specsavers Limited
£29k - Industry AVG
Efficiency
resulting in sales per employee of £19.2k, this is less efficient (£156.3k)
- Sittingbourne Specsavers Limited
£156.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Sittingbourne Specsavers Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is close to average (38 days)
- Sittingbourne Specsavers Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 681 days, this is more than average (95 days)
- Sittingbourne Specsavers Limited
95 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (20 weeks)
7 weeks - Sittingbourne Specsavers Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 140.6%, this is a higher level of debt than the average (56.1%)
140.6% - Sittingbourne Specsavers Limited
56.1% - Industry AVG
SITTINGBOURNE SPECSAVERS LIMITED financials
Sittingbourne Specsavers Limited's latest turnover from February 2024 is estimated at £19.2 thousand and the company has net assets of -£93.7 thousand. According to their latest financial statements, we estimate that Sittingbourne Specsavers Limited has 1 employee and maintains cash reserves of £41.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 119,578 | 168,687 | 238,944 | 258,149 | 281,112 | 23,943 | 24,804 | 11,559 | 14,436 | 18,809 | 28,646 | 38,398 | 47,146 | 52,987 | 59,581 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 120 |
| Debtors (Due After 1 year) | 4,496 | 1,749 | 839 | 1,274 | 3,060 | 3,670 | 4,475 | 5,187 | |||||||
| Total Fixed Assets | 124,194 | 170,556 | 239,064 | 259,108 | 282,506 | 27,123 | 28,594 | 16,154 | 14,556 | 24,116 | 28,766 | 38,518 | 47,266 | 53,107 | 59,701 |
| Stock & work in progress | 26,820 | 24,655 | 27,149 | 26,294 | 27,528 | 29,714 | 30,790 | 34,851 | 24,041 | 26,719 | 20,741 | 19,182 | 19,285 | 24,615 | 23,226 |
| Trade Debtors | 155,565 | 12,833 | 12,483 | 11,173 | 9,919 | 9,522 | |||||||||
| Group Debtors | 28,300 | 52,300 | 60,650 | 60,300 | 126,002 | 60,300 | 300 | 47,717 | 30,482 | ||||||
| Misc Debtors | 10,516 | 11,222 | 13,427 | 11,392 | 12,802 | 10,528 | 11,932 | 8,853 | 13,102 | ||||||
| Cash | 41,225 | 39,568 | 57,569 | 312 | 170 | ||||||||||
| misc current assets | |||||||||||||||
| total current assets | 106,861 | 127,745 | 158,795 | 97,986 | 166,332 | 100,542 | 43,022 | 91,733 | 67,795 | 182,284 | 33,574 | 31,665 | 30,458 | 34,534 | 32,748 |
| total assets | 231,055 | 298,301 | 397,859 | 357,094 | 448,838 | 127,665 | 71,616 | 107,887 | 82,351 | 206,400 | 62,340 | 70,183 | 77,724 | 87,641 | 92,449 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,518 | 7,303 | 6,968 | 5,740 | 10,753 | 4,345 | 14,662 | 3,918 | 4,857 | 115,246 | 258,746 | 153,118 | 295,990 | 175,291 | 237,862 |
| Group/Directors Accounts | 266,352 | 231,074 | 252,615 | 154,715 | 199,425 | 147,762 | 129,066 | 115,674 | 102,714 | ||||||
| other short term finances | 100,141 | 88,206 | |||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 17,593 | 14,096 | 8,208 | 15,255 | 7,598 | 1,295 | 3,454 | 2,462 | |||||||
| total current liabilities | 285,463 | 252,473 | 367,932 | 263,916 | 217,776 | 153,402 | 143,728 | 123,046 | 110,033 | 115,246 | 258,746 | 153,118 | 295,990 | 175,291 | 237,862 |
| loans | 35,831 | 80,023 | 129,661 | 196,901 | 255,223 | ||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 3,470 | 4,470 | 5,470 | 6,470 | 7,471 | 8,470 | |||||||||
| other liabilities | 545 | 3,915 | 6,477 | 12,126 | 24,962 | ||||||||||
| provisions | 5,249 | ||||||||||||||
| total long term liabilities | 39,301 | 84,493 | 140,380 | 203,371 | 262,694 | 8,470 | 545 | 3,915 | 6,477 | 12,126 | 24,962 | ||||
| total liabilities | 324,764 | 336,966 | 508,312 | 467,287 | 480,470 | 161,872 | 143,728 | 123,046 | 110,033 | 115,246 | 259,291 | 157,033 | 302,467 | 187,417 | 262,824 |
| net assets | -93,709 | -38,665 | -110,453 | -110,193 | -31,632 | -34,207 | -72,112 | -15,159 | -27,682 | 91,154 | -196,951 | -86,850 | -224,743 | -99,776 | -170,375 |
| total shareholders funds | -93,709 | -38,665 | -110,453 | -110,193 | -31,632 | -34,207 | -72,112 | -15,159 | -27,682 | 91,154 | -196,951 | -86,850 | -224,743 | -99,776 | -170,375 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 93,637 | 71,282 | 68,552 | 62,024 | 32,660 | 5,534 | 4,885 | 6,606 | 8,459 | 12,307 | 13,477 | 19,795 | 194,876 | 18,523 | 19,651 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | 2,165 | -2,494 | 855 | -1,234 | -2,186 | -1,076 | -4,061 | 10,810 | -2,678 | 5,978 | 1,559 | -103 | -5,330 | 1,389 | 23,226 |
| Debtors | -21,959 | -8,806 | 1,546 | -67,547 | 66,190 | 57,986 | -45,143 | 17,461 | -117,168 | 147,919 | 350 | 1,310 | 1,254 | 397 | 9,522 |
| Creditors | -5,785 | 335 | 1,228 | -5,013 | 6,408 | -10,317 | 10,744 | -939 | -110,389 | -143,500 | 105,628 | -142,872 | 120,699 | -62,571 | 237,862 |
| Accruals and Deferred Income | 2,497 | 4,888 | -8,047 | 6,656 | 5,304 | 9,765 | -3,454 | 992 | 2,462 | ||||||
| Deferred Taxes & Provisions | -5,249 | 5,249 | |||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 120 | ||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 35,278 | -21,541 | 97,900 | -44,710 | 51,663 | 18,696 | 13,392 | 12,960 | 102,714 | ||||||
| Other Short Term Loans | -100,141 | 11,935 | 88,206 | ||||||||||||
| Long term loans | -44,192 | -49,638 | -67,240 | -58,322 | 255,223 | ||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -545 | -3,370 | -2,562 | -5,649 | -12,836 | 24,962 | |||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 1,657 | -18,001 | 57,569 | -312 | 142 | 170 | |||||||||
| overdraft | |||||||||||||||
| change in cash | 1,657 | -18,001 | 57,569 | -312 | 142 | 170 |
sittingbourne specsavers limited Credit Report and Business Information
Sittingbourne Specsavers Limited Competitor Analysis
Perform a competitor analysis for sittingbourne specsavers 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 PO15 area or any other competitors across 12 key performance metrics.
sittingbourne specsavers limited Ownership
SITTINGBOURNE SPECSAVERS LIMITED group structure
Sittingbourne Specsavers Limited has 1 subsidiary company.
Ultimate parent company
2 parents
SITTINGBOURNE SPECSAVERS LIMITED
03460348
1 subsidiary
sittingbourne specsavers limited directors
Sittingbourne Specsavers Limited currently has 3 directors. The longest serving directors include Sharnpal Bains (Sep 2018) and Mrs Mary Perkins (Aug 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Sharnpal Bains | England | 44 years | Sep 2018 | - | Director |
| Mrs Mary Perkins | Guernsey | 81 years | Aug 2024 | - | Director |
| Mr Daniel Bilson | England | 39 years | Aug 2024 | - | Director |
P&L
February 2024turnover
19.2k
-29%
operating profit
-50.6k
0%
gross margin
25.2%
-0.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
-93.7k
+1.42%
total assets
231.1k
-0.23%
cash
41.2k
+0.04%
net assets
Total assets minus all liabilities
sittingbourne specsavers limited company details
company number
03460348
Type
Private limited with Share Capital
industry
47789 - Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c
incorporation date
November 1997
age
28
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
February 2024
previous names
billtest limited (December 1997)
accountant
-
auditor
-
address
forum 6, parkway, solent business park whiteley, fareham, PO15 7PA
Bank
-
Legal Advisor
-
sittingbourne specsavers 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 sittingbourne specsavers limited.
sittingbourne specsavers 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.
Click to start generating capital raising & share issue transactions for SITTINGBOURNE SPECSAVERS LIMITED. This can take several minutes, an email will notify you when this has completed.
sittingbourne specsavers limited Companies House Filings - See Documents
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