Pomanda estimates the enterprise value of FAITH HAIR SALON LIMITED at £27.5k based on a Turnover of £53.4k and 0.51x industry multiple (adjusted for size and gross margin).
faith hair salon limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of FAITH HAIR SALON LIMITED at £0 based on an EBITDA of £-27.5k and a 4.09x industry multiple (adjusted for size and gross margin).
faith hair salon limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of FAITH HAIR SALON LIMITED at £0 based on Net Assets of £-69.2k and 3.83x industry multiple (adjusted for liquidity).
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Faith Hair Salon LimitedOverview
Faith Hair Salon Limited is a live company located in london, N9 7ER with a Companies House number of 05129160. It operates in the hairdressing and other beauty treatment sector, SIC Code 96020. Founded in May 2004, it's largest shareholder is
mrs bridget asante-appah
with a 100% stake. Faith Hair Salon Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£53.4k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Faith Hair Salon Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £53.4k, make it smaller than the average company (£86.3k)
£53.4k - Faith Hair Salon Limited
£86.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 65%, show it is growing at a faster rate (-7.2%)
65% - Faith Hair Salon Limited
-7.2% - Industry AVG
Production
with a gross margin of 45.7%, this company has a higher cost of product (70.6%)
45.7% - Faith Hair Salon Limited
70.6% - Industry AVG
Profitability
an operating margin of -51.4% make it less profitable than the average company (7.9%)
-51.4% - Faith Hair Salon Limited
7.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
2 - Faith Hair Salon Limited
5 - Industry AVG
Pay Structure
on an average salary of £12.9k, the company has an equivalent pay structure (£12.9k)
£12.9k - Faith Hair Salon Limited
£12.9k - Industry AVG
Efficiency
resulting in sales per employee of £26.7k, this is equally as efficient (£25.3k)
£26.7k - Faith Hair Salon Limited
£25.3k - Industry AVG
Debtor Days
it gets paid by customers after 177 days, this is later than average (73 days)
177 days - Faith Hair Salon Limited
73 days - Industry AVG
Creditor Days
its suppliers are paid after 1105 days, this is slower than average (53 days)
1105 days - Faith Hair Salon Limited
53 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Faith Hair Salon Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Faith Hair Salon Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 323.3%, this is a higher level of debt than the average (90.2%)
323.3% - Faith Hair Salon Limited
90.2% - Industry AVG
FAITH HAIR SALON LIMITED financials
EXPORT
Faith Hair Salon Limited's latest turnover from May 2021 is estimated at £53.4 thousand and the company has net assets of -£69.2 thousand. According to their latest financial statements, Faith Hair Salon Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Turnover
53,395
87,064
35,969
11,781
9,806
20,697
22,516
16,526
21,769
30,745
15,012
30,048
Other Income Or Grants
Cost Of Sales
28,971
44,804
17,414
5,907
4,751
10,292
10,743
7,738
11,346
18,730
8,999
17,676
Gross Profit
24,424
42,260
18,555
5,875
5,054
10,405
11,773
8,788
10,423
12,015
6,012
12,372
Admin Expenses
51,895
69,307
24,992
-7,305
-11,072
13,669
19,091
13,225
10,431
21,669
9,791
16,000
Operating Profit
-27,471
-27,047
-6,437
13,180
16,126
-3,264
-7,318
-4,437
-8
-9,654
-3,779
-3,628
Interest Payable
Interest Receivable
3
16
15
10
8
8
7
3
Pre-Tax Profit
-27,471
-27,047
-6,437
13,180
16,130
-3,248
-7,303
-4,427
-9,646
-3,772
-3,625
Tax
-2,504
-3,065
Profit After Tax
-27,471
-27,047
-6,437
10,676
13,065
-3,248
-7,303
-4,427
-9,646
-3,772
-3,625
Dividends Paid
Retained Profit
-27,471
-27,047
-6,437
10,676
13,065
-3,248
-7,303
-4,427
-9,646
-3,772
-3,625
Employee Costs
25,703
25,647
26,565
13,812
15,268
17,301
17,237
15,201
15,426
13,920
13,414
13,344
Number Of Employees
2
2
2
1
1
1
1
1
1
1
1
1
EBITDA*
-27,471
-27,047
-6,437
13,180
16,126
-3,264
-7,318
-4,437
-8
-9,654
-3,779
-2,226
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Tangible Assets
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
Intangible Assets
5,000
5,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
Stock & work in progress
Trade Debtors
26,004
27,141
997
Group Debtors
Misc Debtors
Cash
2,522
3,755
2,278
1,528
1,528
1,553
1,065
misc current assets
total current assets
26,004
27,141
997
2,522
3,755
2,278
1,528
1,528
1,553
1,065
total assets
31,004
32,141
5,000
5,000
5,997
7,522
8,755
7,278
6,528
6,528
6,553
6,065
Bank overdraft
Bank loan
Trade Creditors
87,739
61,405
19,717
13,280
24,953
39,541
37,526
28,746
23,569
23,569
13,948
9,688
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
87,739
61,405
19,717
13,280
24,953
39,541
37,526
28,746
23,569
23,569
13,948
9,688
loans
hp & lease commitments
Accruals and Deferred Income
12,500
other liabilities
12,500
provisions
total long term liabilities
12,500
12,500
total liabilities
100,239
73,905
19,717
13,280
24,953
39,541
37,526
28,746
23,569
23,569
13,948
9,688
net assets
-69,235
-41,764
-14,717
-8,280
-18,956
-32,019
-28,771
-21,468
-17,041
-17,041
-7,395
-3,623
total shareholders funds
-69,235
-41,764
-14,717
-8,280
-18,956
-32,019
-28,771
-21,468
-17,041
-17,041
-7,395
-3,623
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
-27,471
-27,047
-6,437
13,180
16,126
-3,264
-7,318
-4,437
-8
-9,654
-3,779
-3,628
Depreciation
1,402
Amortisation
Tax
-2,504
-3,065
Stock
Debtors
-1,137
27,141
-997
997
Creditors
26,334
41,688
6,437
-11,673
-14,588
2,015
8,780
5,177
9,621
4,260
9,688
Accruals and Deferred Income
-12,500
12,500
Deferred Taxes & Provisions
Cash flow from operations
-12,500
-2,524
-1,249
1,462
740
-8
-33
481
7,462
Investing Activities
capital expenditure
-6,402
Change in Investments
cash flow from investments
-6,402
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
12,500
share issue
-2
2
interest
3
16
15
10
8
8
7
3
cash flow from financing
12,500
1
16
15
10
8
8
7
5
cash and cash equivalents
cash
-2,522
-1,233
1,477
750
-25
488
1,065
overdraft
change in cash
-2,522
-1,233
1,477
750
-25
488
1,065
faith hair salon limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for faith hair salon limited. Get real-time insights into faith hair salon limited's credit score, group structure and payment trends.
Perform a competitor analysis for faith hair salon limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in N 9 area or any other competitors across 12 key performance metrics.
faith hair salon limited Ownership
FAITH HAIR SALON LIMITED group structure
Faith Hair Salon Limited has no subsidiary companies.
Ultimate parent company
FAITH HAIR SALON LIMITED
05129160
FAITH HAIR SALON LIMITED Shareholders
The sole shareholder of Faith Hair Salon Limited is Mrs Bridget Asante-Appah.
mrs bridget asante-appah
100%
faith hair salon limited directors
Faith Hair Salon Limited currently has 1 director, Mrs Bridget Asante Appah serving since May 2004.
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 1 charges/mortgages relating to faith hair salon limited. Currently there are 0 open charges and 1 have been satisfied in the past.
faith hair salon 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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faith hair salon limitedCompanies House Filings - See Documents
