horsham specsavers hearcare limited

horsham specsavers hearcare limited Company Information

Share HORSHAM SPECSAVERS HEARCARE LIMITED
Live 
EstablishedMicroHigh

Company Number

05414598

Industry

Retail sale of hearing aids in specialised stores

 

Directors

Kumar Keshavji

Alan McLean

View All

Shareholders

specsavers uk holdings limited

carolyn sarah lawrence

View All

Group Structure

View All

Contact

Registered Address

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

horsham specsavers hearcare limited Estimated Valuation

£172.9k

Pomanda estimates the enterprise value of HORSHAM SPECSAVERS HEARCARE LIMITED at £172.9k based on a Turnover of £279.8k and 0.62x industry multiple (adjusted for size and gross margin).

horsham specsavers hearcare limited Estimated Valuation

£18.3k

Pomanda estimates the enterprise value of HORSHAM SPECSAVERS HEARCARE LIMITED at £18.3k based on an EBITDA of £5.3k and a 3.44x industry multiple (adjusted for size and gross margin).

horsham specsavers hearcare limited Estimated Valuation

£89.9k

Pomanda estimates the enterprise value of HORSHAM SPECSAVERS HEARCARE LIMITED at £89.9k based on Net Assets of £26k and 3.46x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Horsham Specsavers Hearcare Limited Overview

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 established, micro sized company, Pomanda has estimated its turnover at £279.8k with high growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Horsham Specsavers Hearcare Limited Health Check

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 Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £279.8k, make it smaller than the average company (£47m)

£279.8k - Horsham Specsavers Hearcare Limited

£47m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (19.4%)

28% - Horsham Specsavers Hearcare Limited

19.4% - Industry AVG

production

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

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

Employees

with 9 employees, this is below the industry average (14)

9 - Horsham Specsavers Hearcare Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £45k, the company has an equivalent pay structure (£45k)

£45k - Horsham Specsavers Hearcare Limited

£45k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £31.1k, this is less efficient (£107.3k)

£31.1k - Horsham Specsavers Hearcare Limited

£107.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 11 days, this is earlier than average (14 days)

11 days - Horsham Specsavers Hearcare Limited

14 days - Industry AVG

creditordays

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

stockdays

Stock Days

it holds stock equivalent to 40 days, this is more than average (0 days)

40 days - Horsham Specsavers Hearcare Limited

0 days - Industry AVG

cashbalance

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

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 85.3%, this is a higher level of debt than the average (48%)

85.3% - Horsham Specsavers Hearcare Limited

48% - Industry AVG

HORSHAM SPECSAVERS HEARCARE LIMITED financials

EXPORTms excel logo

Horsham Specsavers Hearcare Limited's latest turnover from February 2024 is estimated at £279.8 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 HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover279,810262,957185,183133,632301,113264,11496,442154,421106,008647,78698,771154,348316,562180,794223,787
Other Income Or Grants000000000000000
Cost Of Sales244,599223,425157,136112,850253,103224,41064,98293,22564,111412,06467,14467,587177,14587,695107,002
Gross Profit35,21139,53228,04720,78148,01039,70431,45961,19641,897235,72131,62786,761139,41793,099116,785
Admin Expenses37,73437,028-7,938-73,77166,50646,34960,26492,95745,509244,25721,00788,903135,96494,243108,127
Operating Profit-2,5232,50435,98594,552-18,496-6,645-28,805-31,761-3,612-8,53610,620-2,1423,453-1,1448,658
Interest Payable235376157000000000000
Interest Receivable2,9502,2082792864172166118000000
Pre-Tax Profit1924,33636,10794,580-18,432-6,628-28,784-31,695-3,494-8,53610,620-2,1423,453-1,1448,658
Tax-48-824-6,860-17,970000000-2,2300-8290-2,424
Profit After Tax1443,51229,24776,610-18,432-6,628-28,784-31,695-3,494-8,5368,390-2,1422,624-1,1446,234
Dividends Paid000000000000000
Retained Profit1443,51229,24776,610-18,432-6,628-28,784-31,695-3,494-8,5368,390-2,1422,624-1,1446,234
Employee Costs404,823422,104273,066206,808634,816495,258120,211214,155144,352331,96267,55091,212153,361112,330113,842
Number Of Employees91054553431023544
EBITDA*5,32010,25641,38797,357-16,307-4,807-27,630-31,649-2,337-7,82511,587-1,6403,9831,07713,112

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets25,47733,32039,51615,63710,1226,5312,7852,1712,4885211,2321,8406621,1923,414
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)00041500005005325290000
Total Fixed Assets25,47733,32039,51616,05210,1226,5312,7852,1712,9881,0531,7611,8406621,1923,414
Stock & work in progress27,46218,97314,6452,5962,5194,3161,81910,5175,3625,3531,783500500500500
Trade Debtors8,54021,76313,59400000031,59339,37515,69822,74917,06818,720
Group Debtors34,87837,57314,1395,04113,2313,7426,9598290000000
Misc Debtors8,76513,05616,4756,8149,4122,7985,5037,8471,130000000
Cash72,20140,17270,24041,50714,9052,2362,4156,14947,005000000
misc current assets000000000000000
total current assets151,846131,537129,09355,95840,06713,09216,69625,34253,49736,94641,15816,19823,24917,56819,220
total assets177,323164,857168,60972,01050,18919,62319,48127,51356,48537,99942,91918,03823,91118,76022,634
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 1,12177414,65914,6374,6184,4004,9121871,37331,06327,03511,30415,78513,55016,280
Group/Directors Accounts80,53872,20269,47837,65387,55248,84455,84743,76537,075000000
other short term finances000000000000000
hp & lease commitments001,7623,6511,4092,114000000000
other current liabilities61,42248,99943,65016,92134,06321,87512,57010,26713,711000000
total current liabilities143,081121,975129,54972,862127,64277,23373,32954,21952,15931,06327,03511,30415,78513,55016,280
loans1,4842,6924,837000000000000
hp & lease commitments0001,76201,409000000000
Accruals and Deferred Income2,8688,9715,8804,2636,0346,0364,5792,9372,274000000
other liabilities0000000001,3901,8021,04229200
provisions3,8645,3375,973000000000000
total long term liabilities8,21617,00016,6906,0256,0347,4454,5792,9372,2741,3901,8021,04229200
total liabilities151,297138,975146,23978,887133,67684,67877,90857,15654,43332,45328,83712,34616,07713,55016,280
net assets26,02625,88222,370-6,877-83,487-65,055-58,427-29,6432,0525,54614,0825,6927,8345,2106,354
total shareholders funds26,02625,88222,370-6,877-83,487-65,055-58,427-29,6432,0525,54614,0825,6927,8345,2106,354
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit-2,5232,50435,98594,552-18,496-6,645-28,805-31,761-3,612-8,53610,620-2,1423,453-1,1448,658
Depreciation7,8437,7525,4022,8052,1891,8381,1751121,2757119675025302,2214,454
Amortisation000000000000000
Tax-48-824-6,860-17,970000000-2,2300-8290-2,424
Stock8,4894,32812,04977-1,7972,497-8,6985,15593,5701,283000500
Debtors-20,20928,18431,938-10,37316,103-5,9223,7867,046-30,495-7,77924,206-7,0515,681-1,65218,720
Creditors347-13,8852210,019218-5124,725-1,186-29,6904,02815,731-4,4812,235-2,73016,280
Accruals and Deferred Income6,3208,44028,346-18,91312,18610,7623,945-2,78115,985000000
Deferred Taxes & Provisions-1,473-6365,973000000000000
Cash flow from operations22,186-29,16124,88180,789-18,2098,868-14,048-47,81714,444412-401930-292-17,748
Investing Activities
capital expenditure0-1,556-29,281-8,320-5,780-5,584-1,789205-3,2420-359-1,68001-7,868
Change in Investments000000000000000
cash flow from investments0-1,556-29,281-8,320-5,780-5,584-1,789205-3,2420-359-1,68001-7,868
Financing Activities
Bank loans000000000000000
Group/Directors Accounts8,3362,72431,825-49,89938,708-7,00312,0826,69037,075000000
Other Short Term Loans 000000000000000
Long term loans-1,208-2,1454,837000000000000
Hire Purchase and Lease Commitments0-1,762-3,6514,004-2,1143,523000000000
other long term liabilities00000000-1,390-41276075029200
share issue00000000000000120
interest2,7151,8321222864172166118000000
cash flow from financing9,84364933,133-45,86736,658-3,46312,1036,75635,803-4127607502920120
cash and cash equivalents
cash32,029-30,06828,73326,60212,669-179-3,734-40,85647,005000000
overdraft000000000000000
change in cash32,029-30,06828,73326,60212,669-179-3,734-40,85647,005000000

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.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Horsham Specsavers Hearcare Limited Competitor Analysis

competitor_analysis_table_img

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.

Ultimate parent company

2 parents

HORSHAM SPECSAVERS HEARCARE LIMITED

05414598

HORSHAM SPECSAVERS HEARCARE LIMITED Shareholders

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 Kumar Keshavji (Oct 2005) and Mr Alan McLean (Oct 2005).

officercountryagestartendrole
Mr Kumar Keshavji53 years Oct 2005- Director
Mr Alan McLeanUnited Kingdom62 years Oct 2005- Director
Mrs Carolyn LawrenceEngland46 years Feb 2024- Director

P&L

February 2024

turnover

279.8k

+6%

operating profit

-2.5k

0%

gross margin

12.6%

-16.29%

turnover

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

Balance Sheet

February 2024

net assets

26k

+0.01%

total assets

177.3k

+0.08%

cash

72.2k

+0.8%

net assets

Total assets minus all liabilities

horsham specsavers hearcare limited company details

company number

05414598

Type

Private limited with Share Capital

industry

47741 - Retail sale of hearing aids in specialised stores

incorporation date

April 2005

age

19

incorporated

UK

accounts

Audit Exemption Subsidiary

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

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

Bank

-

Legal Advisor

-

horsham specsavers hearcare 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 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.

Click to start generating capital raising & share issue transactions for HORSHAM SPECSAVERS HEARCARE LIMITED. This can take several minutes, an email will notify you when this has completed.

horsham specsavers hearcare limited Companies House Filings - See Documents

datedescriptionview/download