eternity jewellery limited

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eternity jewellery limited Company Information

Share ETERNITY JEWELLERY LIMITED

Company Number

03731906

Directors

Nicholas Kay

Shareholders

nicholas david kay

denise kay

Group Structure

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Industry

Retail sale of watches and jewellery in specialised stores

 

Registered Address

5 hatton place, london, EC1N 8RU

eternity jewellery limited Estimated Valuation

£1m

Pomanda estimates the enterprise value of ETERNITY JEWELLERY LIMITED at £1m based on a Turnover of £2.4m and 0.42x industry multiple (adjusted for size and gross margin).

eternity jewellery limited Estimated Valuation

£188.8k

Pomanda estimates the enterprise value of ETERNITY JEWELLERY LIMITED at £188.8k based on an EBITDA of £54.3k and a 3.48x industry multiple (adjusted for size and gross margin).

eternity jewellery limited Estimated Valuation

£3.2m

Pomanda estimates the enterprise value of ETERNITY JEWELLERY LIMITED at £3.2m based on Net Assets of £1.2m and 2.57x industry multiple (adjusted for liquidity).

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Eternity Jewellery Limited Overview

Eternity Jewellery Limited is a live company located in london, EC1N 8RU with a Companies House number of 03731906. It operates in the retail sale of watches and jewellery in specialised stores sector, SIC Code 47770. Founded in March 1999, it's largest shareholder is nicholas david kay with a 50% stake. Eternity Jewellery Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.4m with high growth in recent years.

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Eternity Jewellery Limited Health Check

Pomanda's financial health check has awarded Eternity Jewellery Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £2.4m, make it smaller than the average company (£12.5m)

£2.4m - Eternity Jewellery Limited

£12.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (16.7%)

22% - Eternity Jewellery Limited

16.7% - Industry AVG

production

Production

with a gross margin of 36.1%, this company has a comparable cost of product (36.1%)

36.1% - Eternity Jewellery Limited

36.1% - Industry AVG

profitability

Profitability

an operating margin of 1.4% make it less profitable than the average company (7.6%)

1.4% - Eternity Jewellery Limited

7.6% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (32)

2 - Eternity Jewellery Limited

32 - Industry AVG

paystructure

Pay Structure

on an average salary of £40k, the company has an equivalent pay structure (£40k)

£40k - Eternity Jewellery Limited

£40k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.2m, this is more efficient (£260.8k)

£1.2m - Eternity Jewellery Limited

£260.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 38 days, this is later than average (10 days)

38 days - Eternity Jewellery Limited

10 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 50 days, this is slower than average (38 days)

50 days - Eternity Jewellery Limited

38 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 138 days, this is less than average (208 days)

138 days - Eternity Jewellery Limited

208 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 42 weeks, this is more cash available to meet short term requirements (12 weeks)

42 weeks - Eternity Jewellery Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 37.7%, this is a lower level of debt than the average (51%)

37.7% - Eternity Jewellery Limited

51% - Industry AVG

ETERNITY JEWELLERY LIMITED financials

EXPORTms excel logo

Eternity Jewellery Limited's latest turnover from March 2024 is estimated at £2.4 million and the company has net assets of £1.2 million. According to their latest financial statements, Eternity Jewellery Limited has 2 employees and maintains cash reserves of £447.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Mar 2011Mar 2010
Turnover2,439,1342,185,6442,852,3121,336,7201,866,526723,9923,059,9322,454,60611,172,21715,531,19810,524,61911,409,8186,899,7194,567,8925,285,083
Other Income Or Grants000000000000000
Cost Of Sales1,559,1351,427,2591,853,582849,2631,157,903426,1701,757,8201,379,4906,282,7398,628,3885,872,7526,552,9873,575,3552,444,3042,831,783
Gross Profit879,999758,385998,730487,457708,623297,8221,302,1121,075,1164,889,4786,902,8104,651,8674,856,8313,324,3642,123,5882,453,300
Admin Expenses845,380876,396999,365579,404624,206352,9961,387,8611,025,6474,538,0556,724,9754,645,8984,268,1273,357,3082,060,7571,752,050
Operating Profit34,619-118,011-635-91,94784,417-55,174-85,74949,469351,423177,8355,969588,704-32,94462,831701,250
Interest Payable18,381000000358372000000
Interest Receivable23,00321,9924,5708831,1057,4234,8852,3363,5201,9671,6811,56052412011
Pre-Tax Profit39,240-96,0193,936-91,06485,522-47,751-80,86451,447354,570179,8037,651590,264-32,42062,951701,261
Tax-9,8100-7480-16,24900-9,775-70,914-35,960-1,607-135,7610-17,626-196,353
Profit After Tax29,430-96,0193,188-91,06469,273-47,751-80,86441,672283,656143,8426,044454,503-32,42045,325504,908
Dividends Paid000000000000000
Retained Profit29,430-96,0193,188-91,06469,273-47,751-80,86441,672283,656143,8426,044454,503-32,42045,325504,908
Employee Costs79,90568,71659,32453,56951,01863,42049,21244,76446,9182,394,8391,493,4491,632,6581,080,550846,6711,032,971
Number Of Employees222222222995866412835
EBITDA*54,321-111,1856,718-85,48993,026-44,339-84,40350,822352,730178,8267,291589,962-30,98164,222701,753

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Mar 2011Mar 2010
Tangible Assets59,10720,48122,05619,37125,83135,1815,8315,1743,9212,9743,9643,7734,6484,1721,511
Intangible Assets000000000000000
Investments & Other288,831303,881303,88115,05115,05115,05115,05115,05115,05115,051515,051515,05115,05115,05115,101
Debtors (Due After 1 year)000000000000000
Total Fixed Assets347,938324,362325,93734,42240,88250,23220,88220,22518,97218,025519,015518,82419,69919,22316,612
Stock & work in progress591,328532,000504,250505,000518,100528,450537,235542,600598,000636,000702,500497,000553,000492,000540,000
Trade Debtors258,103359,912362,245243,196302,629118,535588,516633,495909,4601,050,416587,959719,416561,620509,027652,840
Group Debtors000129,751107,980111,05873,993012,623000000
Misc Debtors336,432222,210285,347530,128137,62350,900135,52545,52045,249000000
Cash447,238429,049605,876612,9001,152,2161,058,482920,9051,032,983835,462572,372214,521457,978165,86243,7514,294
misc current assets000000000000000
total current assets1,633,1011,543,1711,757,7182,020,9752,218,5481,867,4252,256,1742,254,5982,400,7942,258,7881,504,9801,674,3941,280,4821,044,7781,197,134
total assets1,981,0391,867,5332,083,6552,055,3972,259,4301,917,6572,277,0562,274,8232,419,7662,276,8132,023,9952,193,2181,300,1811,064,0011,213,746
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 216,688136,311232,197112,959425,911180,637426,257340,966448,5351,143,0611,034,0851,209,352770,818502,218697,288
Group/Directors Accounts119,984167,36950,679000013,5340000000
other short term finances146,33400000000000000
hp & lease commitments000000000000000
other current liabilities68,985359,460500,367645,214445,231418,005484,033472,693553,823000000
total current liabilities551,991663,140783,243758,173871,142598,642910,290827,1931,002,3581,143,0611,034,0851,209,352770,818502,218697,288
loans180,448000000011,450000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities00000000011,45011,45011,45011,45011,45011,450
provisions14,77700000000000000
total long term liabilities195,225000000011,45011,45011,45011,45011,45011,45011,450
total liabilities747,216663,140783,243758,173871,142598,642910,290827,1931,013,8081,154,5111,045,5351,220,802782,268513,668708,738
net assets1,233,8231,204,3931,300,4121,297,2241,388,2881,319,0151,366,7661,447,6301,405,9581,122,302978,460972,416517,913550,333505,008
total shareholders funds1,233,8231,204,3931,300,4121,297,2241,388,2881,319,0151,366,7661,447,6301,405,9581,122,302978,460972,416517,913550,333505,008
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Mar 2011Mar 2010
Operating Activities
Operating Profit34,619-118,011-635-91,94784,417-55,174-85,74949,469351,423177,8355,969588,704-32,94462,831701,250
Depreciation19,7026,8267,3536,4588,60910,8351,3461,3531,3079911,3221,2581,9631,391503
Amortisation000000000000000
Tax-9,8100-7480-16,24900-9,775-70,914-35,960-1,607-135,7610-17,626-196,353
Stock59,32827,750-750-13,100-10,350-8,785-5,365-55,400-38,000-66,500205,500-56,00061,000-48,000540,000
Debtors12,413-65,470-255,483354,843267,739-517,541119,019-288,317-83,084462,457-131,457157,79652,593-143,813652,840
Creditors80,377-95,886119,238-312,952245,274-245,62085,291-107,569-694,526108,976-175,267438,534268,600-195,070697,288
Accruals and Deferred Income-290,475-140,907-144,847199,98327,226-66,02811,340-81,130553,823000000
Deferred Taxes & Provisions14,77700000000000000
Cash flow from operations-222,551-310,258236,594-540,20191,888170,339-101,426196,065262,197-144,115-243,626790,939124,02643,3399,848
Investing Activities
capital expenditure-58,328-5,251-10,0382741-40,185-2,003-2,606-2,254-1-1,513-383-2,439-4,052-2,014
Change in Investments-15,0500288,830000000-500,0000500,0000-5015,101
cash flow from investments-43,278-5,251-298,8682741-40,185-2,003-2,606-2,254499,999-1,513-500,383-2,439-4,002-17,115
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-47,385116,69050,679000-13,53413,5340000000
Other Short Term Loans 146,33400000000000000
Long term loans180,448000000-11,45011,450000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities00000000-11,4500000011,450
share issue00000000000000100
interest4,62221,9924,5708831,1057,4234,8851,9783,1481,9671,6811,56052412011
cash flow from financing284,019138,68255,2498831,1057,423-8,6494,0623,1481,9671,6811,56052412011,561
cash and cash equivalents
cash18,189-176,827-7,024-539,31693,734137,577-112,078197,521263,090357,851-243,457292,116122,11139,4574,294
overdraft000000000000000
change in cash18,189-176,827-7,024-539,31693,734137,577-112,078197,521263,090357,851-243,457292,116122,11139,4574,294

eternity jewellery 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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Eternity Jewellery Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for eternity jewellery limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in EC1N area or any other competitors across 12 key performance metrics.

eternity jewellery limited Ownership

ETERNITY JEWELLERY LIMITED group structure

Eternity Jewellery Limited has 2 subsidiary companies.

Ultimate parent company

ETERNITY JEWELLERY LIMITED

03731906

2 subsidiaries

ETERNITY JEWELLERY LIMITED Shareholders

nicholas david kay 50%
denise kay 50%

eternity jewellery limited directors

Eternity Jewellery Limited currently has 1 director, Mr Nicholas Kay serving since Mar 1999.

officercountryagestartendrole
Mr Nicholas Kay62 years Mar 1999- Director

P&L

March 2024

turnover

2.4m

+12%

operating profit

34.6k

0%

gross margin

36.1%

+3.98%

turnover

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

Balance Sheet

March 2024

net assets

1.2m

+0.02%

total assets

2m

+0.06%

cash

447.2k

+0.04%

net assets

Total assets minus all liabilities

eternity jewellery limited company details

company number

03731906

Type

Private limited with Share Capital

industry

47770 - Retail sale of watches and jewellery in specialised stores

incorporation date

March 1999

age

26

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

GRUNBERG & CO LTD

auditor

-

address

5 hatton place, london, EC1N 8RU

Bank

-

Legal Advisor

-

eternity jewellery 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 2 charges/mortgages relating to eternity jewellery limited. Currently there are 2 open charges and 0 have been satisfied in the past.

eternity jewellery 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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eternity jewellery limited Companies House Filings - See Documents

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