nottingham specsavers limited

nottingham specsavers limited Company Information

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Company Number

04994215

Industry

Retail sale by opticians

 

Directors

Simon Dunn

Ravi Chawda

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Shareholders

specsavers uk holdings limited

simon john dunn

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Group Structure

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Contact

Registered Address

forum 6, parkway, solent business park whiteley, fareham, PO15 7PA

nottingham specsavers limited Estimated Valuation

£24.9k

Pomanda estimates the enterprise value of NOTTINGHAM SPECSAVERS LIMITED at £24.9k based on a Turnover of £45.3k and 0.55x industry multiple (adjusted for size and gross margin).

nottingham specsavers limited Estimated Valuation

£460.1k

Pomanda estimates the enterprise value of NOTTINGHAM SPECSAVERS LIMITED at £460.1k based on an EBITDA of £135.3k and a 3.4x industry multiple (adjusted for size and gross margin).

nottingham specsavers limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NOTTINGHAM SPECSAVERS LIMITED at £0 based on Net Assets of £-61.1k and 2.76x industry multiple (adjusted for liquidity).

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Nottingham Specsavers Limited Overview

Nottingham Specsavers Limited is a live company located in fareham, PO15 7PA with a Companies House number of 04994215. It operates in the retail sale by opticians sector, SIC Code 47782. Founded in December 2003, it's largest shareholder is specsavers uk holdings limited with a 65% stake. Nottingham Specsavers Limited is a mature, micro sized company, Pomanda has estimated its turnover at £45.3k with healthy growth in recent years.

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Nottingham Specsavers Limited Health Check

Pomanda's financial health check has awarded Nottingham Specsavers Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £45.3k, make it smaller than the average company (£4.6m)

£45.3k - Nottingham Specsavers Limited

£4.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 15%, show it is growing at a similar rate (12.5%)

15% - Nottingham Specsavers Limited

12.5% - Industry AVG

production

Production

with a gross margin of 57%, this company has a comparable cost of product (68.4%)

57% - Nottingham Specsavers Limited

68.4% - Industry AVG

profitability

Profitability

an operating margin of -41.3% make it less profitable than the average company (5.6%)

-41.3% - Nottingham Specsavers Limited

5.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (45)

1 - Nottingham Specsavers Limited

45 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.8k, the company has an equivalent pay structure (£31.8k)

£31.8k - Nottingham Specsavers Limited

£31.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £45.3k, this is less efficient (£101.5k)

£45.3k - Nottingham Specsavers Limited

£101.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Nottingham Specsavers Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 612 days, this is slower than average (42 days)

612 days - Nottingham Specsavers Limited

42 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 633 days, this is more than average (56 days)

633 days - Nottingham Specsavers Limited

56 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (13 weeks)

8 weeks - Nottingham Specsavers Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 111%, this is a higher level of debt than the average (58.2%)

111% - Nottingham Specsavers Limited

58.2% - Industry AVG

NOTTINGHAM SPECSAVERS LIMITED financials

EXPORTms excel logo

Nottingham Specsavers Limited's latest turnover from February 2024 is estimated at £45.3 thousand and the company has net assets of -£61.1 thousand. According to their latest financial statements, we estimate that Nottingham Specsavers Limited has 1 employee and maintains cash reserves of £66.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover45,27822,44325,54430,13044,78739,57842,45351,85051,204622,3922,071,978763,207777,318759,6081,148,062
Other Income Or Grants000000000000000
Cost Of Sales19,4817,70510,41423,64133,43329,30325,37925,12616,338264,7591,067,126420,106440,580425,264665,712
Gross Profit25,79714,73815,1296,48911,35410,27417,07426,72334,866357,6341,004,851343,101336,738334,344482,350
Admin Expenses44,504-101,25023,68275,486-12,0284,23155,717-11,71332,421-203,8521,031,024324,376379,674418,037847,201
Operating Profit-18,707115,988-8,553-68,99723,3826,043-38,64338,4362,445561,486-26,17318,725-42,936-83,693-364,851
Interest Payable15,2818,4153,6955,0473,19206075840000000
Interest Receivable6,8869,9311,1581549435279220000000
Pre-Tax Profit-27,102117,504-11,090-73,88921,1336,569-39,15837,8542,445561,486-26,17318,725-42,936-83,693-364,851
Tax0-22,32600-4,015-1,2480-7,571-489-117,9120-4,494000
Profit After Tax-27,10295,178-11,090-73,88917,1185,321-39,15830,2831,956443,574-26,17314,231-42,936-83,693-364,851
Dividends Paid000000000000000
Retained Profit-27,10295,178-11,090-73,88917,1185,321-39,15830,2831,956443,574-26,17314,231-42,936-83,693-364,851
Employee Costs31,80331,65629,81024,91022,94323,59924,64422,98722,190171,189480,188165,295155,226157,329278,832
Number Of Employees11111111172288814
EBITDA*135,290166,27233,479-7,83686,65277,76719,17199,68260,362619,5762,61644,811-25,531-62,355-329,423

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets429,794331,812120,863138,804197,093210,855142,334170,396209,644245,378127,72779,52046,13142,89954,145
Intangible Assets000000000000000
Investments & Other100100100100100100100100100100100100100100100
Debtors (Due After 1 year)0014,05916,63013,75113,75712,66110,5199,4459,6088,9780000
Total Fixed Assets429,894331,912135,022155,534210,944224,712155,095181,015219,189255,086136,80579,62046,23142,99954,245
Stock & work in progress33,81630,41836,22333,60836,21237,15054,12450,59943,62244,58539,27136,13736,41943,68639,816
Trade Debtors00000000031,890108,06532,92734,05036,43443,122
Group Debtors30054,51230023,48816,32519,99221,30023,97519,300000000
Misc Debtors24,13640,95220,75325,89926,38127,28525,30526,90522,560000000
Cash66,934195,390301,144162,144146,576105,02135,4121,47253000000
misc current assets000000000000000
total current assets125,186321,272358,420245,139225,494189,448136,141102,95185,53576,475147,33669,06470,46980,12082,938
total assets555,080653,184493,442400,673436,438414,160291,236283,966304,724331,561284,141148,684116,700123,119137,183
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 32,68510,52814,10614,26721,24918,61116,98423,99826,630308,481734,997610,675601,185568,975497,979
Group/Directors Accounts327,327445,670511,612417,881357,411433,414310,85621,214243,559000000
other short term finances000000000000000
hp & lease commitments0000089717,79631,69639,154000000
other current liabilities32,15522,46654,11915,7213,45914,5937,392215,8552,766000000
total current liabilities392,167478,664579,837447,869382,119467,515353,028292,763312,109308,481734,997610,675601,185568,975497,979
loans146,146125,51342,79270,90194,5680018,6920000000
hp & lease commitments000000897050,387000000
Accruals and Deferred Income36,02150,429003,9597,9713,95800000000
other liabilities00000000082,80852,44615,1386,8752,5683,935
provisions41,85732,5870000000000000
total long term liabilities224,024208,52942,79270,90198,5277,9714,85518,69250,38782,80852,44615,1386,8752,5683,935
total liabilities616,191687,193622,629518,770480,646475,486357,883311,455362,496391,289787,443625,813608,060571,543501,914
net assets-61,111-34,009-129,187-118,097-44,208-61,326-66,647-27,489-57,772-59,728-503,302-477,129-491,360-448,424-364,731
total shareholders funds-61,111-34,009-129,187-118,097-44,208-61,326-66,647-27,489-57,772-59,728-503,302-477,129-491,360-448,424-364,731
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit-18,707115,988-8,553-68,99723,3826,043-38,64338,4362,445561,486-26,17318,725-42,936-83,693-364,851
Depreciation153,99750,28442,03261,16163,27071,72457,81461,24657,91758,09028,78926,08617,40521,33835,428
Amortisation000000000000000
Tax0-22,32600-4,015-1,2480-7,571-489-117,9120-4,494000
Stock3,398-5,8052,615-2,604-938-16,9743,5256,977-9635,3143,134-282-7,2673,87039,816
Debtors-71,02860,352-30,9059,560-4,5771,768-2,13310,0949,807-75,54584,116-1,123-2,384-6,68843,122
Creditors22,157-3,578-161-6,9822,6381,627-7,014-2,632-281,851-426,516124,3229,49032,21070,996497,979
Accruals and Deferred Income-4,71918,77638,3988,303-15,14611,214-204,505213,0892,766000000
Deferred Taxes & Provisions9,27032,5870000000000000
Cash flow from operations229,628137,184100,006-13,47175,644104,566-193,740285,497-228,056145,37939,68851,21216,33011,45985,618
Investing Activities
capital expenditure-251,979-261,233-24,091-2,872-49,508-140,245-29,752-21,998-22,183-175,741-76,996-59,475-20,637-10,092-89,573
Change in Investments00000000000000100
cash flow from investments-251,979-261,233-24,091-2,872-49,508-140,245-29,752-21,998-22,183-175,741-76,996-59,475-20,637-10,092-89,673
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-118,343-65,94293,73160,470-76,003122,558289,642-222,345243,559000000
Other Short Term Loans 000000000000000
Long term loans20,63382,721-28,109-23,66794,5680-18,69218,6920000000
Hire Purchase and Lease Commitments0000-897-17,796-13,003-57,84589,541000000
other long term liabilities00000000-82,80830,36237,3088,2634,307-1,3673,935
share issue00000000000000120
interest-8,3951,516-2,537-4,893-2,249527-515-5820000000
cash flow from financing-106,10518,29563,08531,91015,419105,289257,432-262,080250,29230,36237,3088,2634,307-1,3674,055
cash and cash equivalents
cash-128,456-105,754139,00015,56841,55569,60933,9401,41953000000
overdraft000000000000000
change in cash-128,456-105,754139,00015,56841,55569,60933,9401,41953000000

nottingham specsavers 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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Nottingham Specsavers Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for nottingham 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.

nottingham specsavers limited Ownership

NOTTINGHAM SPECSAVERS LIMITED group structure

Nottingham Specsavers Limited has 1 subsidiary company.

Ultimate parent company

2 parents

NOTTINGHAM SPECSAVERS LIMITED

04994215

1 subsidiary

NOTTINGHAM SPECSAVERS LIMITED Shareholders

specsavers uk holdings limited 65%
simon john dunn 25%
nicole thacker 5%
ravi ashok chawda 5%

nottingham specsavers limited directors

Nottingham Specsavers Limited currently has 4 directors. The longest serving directors include Mr Simon Dunn (Mar 2004) and Mr Ravi Chawda (Aug 2017).

officercountryagestartendrole
Mr Simon DunnEngland58 years Mar 2004- Director
Mr Ravi ChawdaEngland44 years Aug 2017- Director
Mr John PerkinsGuernsey52 years Aug 2017- Director
Ms Nicole ThackerEngland47 years Aug 2017- Director

P&L

February 2024

turnover

45.3k

+102%

operating profit

-18.7k

0%

gross margin

57%

-13.24%

turnover

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

Balance Sheet

February 2024

net assets

-61.1k

+0.8%

total assets

555.1k

-0.15%

cash

66.9k

-0.66%

net assets

Total assets minus all liabilities

nottingham specsavers limited company details

company number

04994215

Type

Private limited with Share Capital

industry

47782 - Retail sale by opticians

incorporation date

December 2003

age

22

incorporated

UK

accounts

Audit Exemption Subsidiary

last accounts submitted

February 2024

previous names

arnold specsavers limited (April 2004)

arctic visionplus limited (February 2004)

accountant

-

auditor

-

address

forum 6, parkway, solent business park whiteley, fareham, PO15 7PA

Bank

-

Legal Advisor

-

nottingham 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 nottingham specsavers limited.

nottingham 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.

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nottingham specsavers limited Companies House Filings - See Documents

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