Pomanda estimates the enterprise value of HORSHAM SPECSAVERS HEARCARE LIMITED at £288k based on a Turnover of £290.8k and 0.99x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of HORSHAM SPECSAVERS HEARCARE LIMITED at £28.7k based on an EBITDA of £5.3k and a 5.39x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of HORSHAM SPECSAVERS HEARCARE LIMITED at £89k based on Net Assets of £26k and 3.42x industry multiple (adjusted for liquidity).
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Horsham Specsavers Hearcare LimitedOverview
Horsham Specsavers Hearcare Limited is a live company located in fareham, PO15 7PA with a Companies House number of 05414598. It operates in the retail sale of hearing aids sector, SIC Code 47741. Founded in April 2005, it's largest shareholder is
specsavers uk holdings limited
with a 50% stake. Horsham Specsavers Hearcare Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£290.8k with
high
growth in recent years.
Pomanda's financial health check has awarded Horsham Specsavers Hearcare Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
3 Strong
1 Regular
8 Weak
Size
annual sales of £290.8k, make it smaller than the average company (£44m)
£290.8k - Horsham Specsavers Hearcare Limited
£44m - Industry AVG
Growth
3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (19.4%)
30% - Horsham Specsavers Hearcare Limited
19.4% - Industry AVG
Production
with a gross margin of 12.6%, this company has a higher cost of product (26.6%)
12.6% - Horsham Specsavers Hearcare Limited
26.6% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (4.1%)
-0.9% - Horsham Specsavers Hearcare Limited
4.1% - Industry AVG
Employees
with 9 employees, this is below the industry average (14)
9 - Horsham Specsavers Hearcare Limited
14 - Industry AVG
Pay Structure
on an average salary of £32.5k, the company has an equivalent pay structure (£32.5k)
£32.5k - Horsham Specsavers Hearcare Limited
£32.5k - Industry AVG
Efficiency
resulting in sales per employee of £32.3k, this is less efficient (£119.4k)
£32.3k - Horsham Specsavers Hearcare Limited
£119.4k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (28 days)
10 days - Horsham Specsavers Hearcare Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (38 days)
1 days - Horsham Specsavers Hearcare Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 39 days, this is more than average (0 days)
39 days - Horsham Specsavers Hearcare Limited
0 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 26 weeks, this is more cash available to meet short term requirements (9 weeks)
26 weeks - Horsham Specsavers Hearcare Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.3%, this is a higher level of debt than the average (43.7%)
85.3% - Horsham Specsavers Hearcare Limited
43.7% - Industry AVG
HORSHAM SPECSAVERS HEARCARE LIMITED financials
EXPORT
Horsham Specsavers Hearcare Limited's latest turnover from February 2024 is estimated at £290.8 thousand and the company has net assets of £26 thousand. According to their latest financial statements, Horsham Specsavers Hearcare Limited has 9 employees and maintains cash reserves of £72.2 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
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Turnover
290,775
258,831
189,308
133,785
301,806
264,198
96,730
153,914
105,842
657,754
100,062
157,912
322,589
184,296
228,883
Other Income Or Grants
Cost Of Sales
254,184
219,919
160,149
112,979
253,686
224,481
65,177
92,918
64,010
418,405
68,022
69,148
180,518
89,394
109,439
Gross Profit
36,591
38,912
29,159
20,805
48,120
39,716
31,554
60,995
41,832
239,348
32,040
88,764
142,071
94,902
119,444
Admin Expenses
39,114
36,408
-6,826
-73,747
66,616
46,361
60,359
92,756
45,444
247,884
21,420
90,906
138,618
96,046
110,786
Operating Profit
-2,523
2,504
35,985
94,552
-18,496
-6,645
-28,805
-31,761
-3,612
-8,536
10,620
-2,142
3,453
-1,144
8,658
Interest Payable
235
376
157
Interest Receivable
2,950
2,208
279
28
64
17
21
66
118
Pre-Tax Profit
192
4,336
36,107
94,580
-18,432
-6,628
-28,784
-31,695
-3,494
-8,536
10,620
-2,142
3,453
-1,144
8,658
Tax
-48
-824
-6,860
-17,970
-2,230
-829
-2,424
Profit After Tax
144
3,512
29,247
76,610
-18,432
-6,628
-28,784
-31,695
-3,494
-8,536
8,390
-2,142
2,624
-1,144
6,234
Dividends Paid
Retained Profit
144
3,512
29,247
76,610
-18,432
-6,628
-28,784
-31,695
-3,494
-8,536
8,390
-2,142
2,624
-1,144
6,234
Employee Costs
292,636
422,104
273,066
206,808
634,816
495,258
120,211
214,155
144,352
331,962
67,550
91,212
184,034
112,330
113,842
Number Of Employees
9
10
5
4
5
5
3
4
3
10
2
3
6
4
4
EBITDA*
5,320
10,256
41,387
97,357
-16,307
-4,807
-27,630
-31,649
-2,337
-7,825
11,587
-1,640
3,983
1,077
13,112
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Tangible Assets
25,477
33,320
39,516
15,637
10,122
6,531
2,785
2,171
2,488
521
1,232
1,840
662
1,192
3,414
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
415
500
532
529
Total Fixed Assets
25,477
33,320
39,516
16,052
10,122
6,531
2,785
2,171
2,988
1,053
1,761
1,840
662
1,192
3,414
Stock & work in progress
27,462
18,973
14,645
2,596
2,519
4,316
1,819
10,517
5,362
5,353
1,783
500
500
500
500
Trade Debtors
8,540
21,763
13,594
31,593
39,375
15,698
22,749
17,068
18,720
Group Debtors
34,878
37,573
14,139
5,041
13,231
3,742
6,959
829
Misc Debtors
8,765
13,056
16,475
6,814
9,412
2,798
5,503
7,847
1,130
Cash
72,201
40,172
70,240
41,507
14,905
2,236
2,415
6,149
47,005
misc current assets
total current assets
151,846
131,537
129,093
55,958
40,067
13,092
16,696
25,342
53,497
36,946
41,158
16,198
23,249
17,568
19,220
total assets
177,323
164,857
168,609
72,010
50,189
19,623
19,481
27,513
56,485
37,999
42,919
18,038
23,911
18,760
22,634
Bank overdraft
Bank loan
Trade Creditors
1,121
774
14,659
14,637
4,618
4,400
4,912
187
1,373
31,063
27,035
11,304
15,785
13,550
16,280
Group/Directors Accounts
80,538
72,202
69,478
37,653
87,552
48,844
55,847
43,765
37,075
other short term finances
hp & lease commitments
1,762
3,651
1,409
2,114
other current liabilities
61,422
48,999
43,650
16,921
34,063
21,875
12,570
10,267
13,711
total current liabilities
143,081
121,975
129,549
72,862
127,642
77,233
73,329
54,219
52,159
31,063
27,035
11,304
15,785
13,550
16,280
loans
1,484
2,692
4,837
hp & lease commitments
1,762
1,409
Accruals and Deferred Income
2,868
8,971
5,880
4,263
6,034
6,036
4,579
2,937
2,274
other liabilities
1,390
1,802
1,042
292
provisions
3,864
5,337
5,973
total long term liabilities
8,216
17,000
16,690
6,025
6,034
7,445
4,579
2,937
2,274
1,390
1,802
1,042
292
total liabilities
151,297
138,975
146,239
78,887
133,676
84,678
77,908
57,156
54,433
32,453
28,837
12,346
16,077
13,550
16,280
net assets
26,026
25,882
22,370
-6,877
-83,487
-65,055
-58,427
-29,643
2,052
5,546
14,082
5,692
7,834
5,210
6,354
total shareholders funds
26,026
25,882
22,370
-6,877
-83,487
-65,055
-58,427
-29,643
2,052
5,546
14,082
5,692
7,834
5,210
6,354
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Operating Activities
Operating Profit
-2,523
2,504
35,985
94,552
-18,496
-6,645
-28,805
-31,761
-3,612
-8,536
10,620
-2,142
3,453
-1,144
8,658
Depreciation
7,843
7,752
5,402
2,805
2,189
1,838
1,175
112
1,275
711
967
502
530
2,221
4,454
Amortisation
Tax
-48
-824
-6,860
-17,970
-2,230
-829
-2,424
Stock
8,489
4,328
12,049
77
-1,797
2,497
-8,698
5,155
9
3,570
1,283
500
Debtors
-20,209
28,184
31,938
-10,373
16,103
-5,922
3,786
7,046
-30,495
-7,779
24,206
-7,051
5,681
-1,652
18,720
Creditors
347
-13,885
22
10,019
218
-512
4,725
-1,186
-29,690
4,028
15,731
-4,481
2,235
-2,730
16,280
Accruals and Deferred Income
6,320
8,440
28,346
-18,913
12,186
10,762
3,945
-2,781
15,985
Deferred Taxes & Provisions
-1,473
-636
5,973
Cash flow from operations
22,186
-29,161
24,881
80,789
-18,209
8,868
-14,048
-47,817
14,444
412
-401
930
-292
-1
7,748
Investing Activities
capital expenditure
-1,556
-29,281
-8,320
-5,780
-5,584
-1,789
205
-3,242
-359
-1,680
1
-7,868
Change in Investments
cash flow from investments
-1,556
-29,281
-8,320
-5,780
-5,584
-1,789
205
-3,242
-359
-1,680
1
-7,868
Financing Activities
Bank loans
Group/Directors Accounts
8,336
2,724
31,825
-49,899
38,708
-7,003
12,082
6,690
37,075
Other Short Term Loans
Long term loans
-1,208
-2,145
4,837
Hire Purchase and Lease Commitments
-1,762
-3,651
4,004
-2,114
3,523
other long term liabilities
-1,390
-412
760
750
292
share issue
120
interest
2,715
1,832
122
28
64
17
21
66
118
cash flow from financing
9,843
649
33,133
-45,867
36,658
-3,463
12,103
6,756
35,803
-412
760
750
292
120
cash and cash equivalents
cash
32,029
-30,068
28,733
26,602
12,669
-179
-3,734
-40,856
47,005
overdraft
change in cash
32,029
-30,068
28,733
26,602
12,669
-179
-3,734
-40,856
47,005
horsham specsavers hearcare 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 horsham specsavers hearcare limited. Get real-time insights into horsham specsavers hearcare limited's credit score, group structure and payment trends.
Perform a competitor analysis for horsham specsavers hearcare 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.
horsham specsavers hearcare limited Ownership
HORSHAM SPECSAVERS HEARCARE LIMITED group structure
Horsham Specsavers Hearcare Limited has no subsidiary companies.
The largest shareholders in Horsham Specsavers Hearcare Limited include Specsavers Uk Holdings Limited and Carolyn Sarah Lawrence.
specsavers uk holdings limited
50%
carolyn sarah lawrence
25%
alan mclean
12.5%
kumar keshavji
12.5%
horsham specsavers hearcare limited directors
Horsham Specsavers Hearcare Limited currently has 3 directors.
The longest serving directors include
Mr Alan McLean (Oct 2005) and
Mr Kumar Keshavji (Oct 2005).
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 horsham specsavers hearcare limited.
horsham specsavers hearcare 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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horsham specsavers hearcare limitedCompanies House Filings - See Documents
