pudsey specsavers limited

pudsey specsavers limited Company Information

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EstablishedMicroDeclining

Company Number

06287679

Industry

Retail sale by opticians

 

Directors

Jamal Shere

Sophia Noreen

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Shareholders

specsavers uk holdings limited

jamal zahoor iqbal shere

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Group Structure

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Contact

Registered Address

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

pudsey specsavers limited Estimated Valuation

£7.1k

Pomanda estimates the enterprise value of PUDSEY SPECSAVERS LIMITED at £7.1k based on a Turnover of £11.8k and 0.6x industry multiple (adjusted for size and gross margin).

pudsey specsavers limited Estimated Valuation

£112.3k

Pomanda estimates the enterprise value of PUDSEY SPECSAVERS LIMITED at £112.3k based on an EBITDA of £33.2k and a 3.39x industry multiple (adjusted for size and gross margin).

pudsey specsavers limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PUDSEY SPECSAVERS LIMITED at £0 based on Net Assets of £-7.9k and 2.9x industry multiple (adjusted for liquidity).

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Pudsey Specsavers Limited Overview

Pudsey Specsavers Limited is a live company located in fareham, PO15 7PA with a Companies House number of 06287679. It operates in the retail sale by opticians sector, SIC Code 47782. Founded in June 2007, it's largest shareholder is specsavers uk holdings limited with a 50% stake. Pudsey Specsavers Limited is a established, micro sized company, Pomanda has estimated its turnover at £11.8k with declining growth in recent years.

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Pudsey Specsavers Limited Health Check

Pomanda's financial health check has awarded Pudsey Specsavers Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £11.8k, make it smaller than the average company (£9.7m)

£11.8k - Pudsey Specsavers Limited

£9.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (13%)

-4% - Pudsey Specsavers Limited

13% - Industry AVG

production

Production

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

57% - Pudsey Specsavers Limited

68.4% - Industry AVG

profitability

Profitability

an operating margin of 196.7% make it more profitable than the average company (5.6%)

196.7% - Pudsey Specsavers Limited

5.6% - Industry AVG

employees

Employees

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

1 - Pudsey Specsavers Limited

45 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.7k, the company has an equivalent pay structure (£32.7k)

£32.7k - Pudsey Specsavers Limited

£32.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £11.8k, this is less efficient (£102k)

£11.8k - Pudsey Specsavers Limited

£102k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 28 days, this is later than average (11 days)

28 days - Pudsey Specsavers Limited

11 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 108 days, this is slower than average (42 days)

108 days - Pudsey Specsavers Limited

42 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 1060 days, this is more than average (56 days)

1060 days - Pudsey Specsavers Limited

56 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 14 weeks, this is average cash available to meet short term requirements (13 weeks)

14 weeks - Pudsey Specsavers Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 107.9%, this is a higher level of debt than the average (58.8%)

107.9% - Pudsey Specsavers Limited

58.8% - Industry AVG

PUDSEY SPECSAVERS LIMITED financials

EXPORTms excel logo

Pudsey Specsavers Limited's latest turnover from February 2024 is estimated at £11.8 thousand and the company has net assets of -£7.9 thousand. According to their latest financial statements, we estimate that Pudsey Specsavers Limited has 1 employee and maintains cash reserves of £28.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover11,7889,75025,64513,52117,69128,46526,60018,168105,8201,559,091933,554107,939120,41186,6480
Other Income Or Grants000000000000000
Cost Of Sales5,0723,34810,45610,60913,20621,07615,9026,04838,978769,023329,13648,50067,27439,5740
Gross Profit6,7166,40315,1892,9124,4857,39010,69812,12066,842790,068604,41959,43953,13847,0740
Admin Expenses-16,47450,5909,900-673,863190,173172,465157,294197,42013,426745,710593,045-9,00263,62546,46695,061
Operating Profit23,190-44,1875,289676,775-185,688-165,075-146,596-185,30053,41644,35811,37468,441-10,487608-95,061
Interest Payable1,0111,3041,0871,55817,80616,826000000000
Interest Receivable1,4091,390110000010000000
Pre-Tax Profit23,588-44,1014,312675,217-203,494-181,901-146,596-185,29953,41644,35811,37468,441-10,487608-95,061
Tax-5,8970-819-128,2910000-10,683-9,315-2,616-16,4260-1700
Profit After Tax17,691-44,1013,493546,926-203,494-181,901-146,596-185,29942,73335,0438,75852,015-10,487438-95,061
Dividends Paid000000000000000
Retained Profit17,691-44,1013,493546,926-203,494-181,901-146,596-185,29942,73335,0438,75852,015-10,487438-95,061
Employee Costs32,66731,65629,81024,91022,94323,59924,64422,51551,731351,510238,99140,66239,18939,8330
Number Of Employees11111111216112220
EBITDA*33,158-23,01342,317719,490-127,319-105,613-64,441-124,44187,94767,80731,98389,47211,32724,598-71,287

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets34,20436,24057,41469,274107,087155,734179,869261,171299,39641,40161,89662,88271,20793,926116,724
Intangible Assets000000000000000
Investments & Other1201201201201200120120120120120120120120120
Debtors (Due After 1 year)17,81822,18228,70120,427002,166002,01800000
Total Fixed Assets52,14258,54286,23589,821107,207155,734182,155261,291299,51643,53962,01663,00271,32794,046116,844
Stock & work in progress14,73217,72515,93318,19322,09525,92027,75429,54021,06123,44724,08123,87117,75117,12116,288
Trade Debtors92100000005,83193,60854,2284,5684,3933,250458
Group Debtors16330030512,0391,79807657000000000
Misc Debtors3,7413,8453,3733,6903,35103,1293,9550000000
Cash28,24625,43744,07302323236290000000
misc current assets000000000000000
total current assets47,80347,30763,68433,92227,26730,05931,67134,82426,892117,05578,30928,43922,14420,37116,746
total assets99,945105,849149,919123,743134,474185,793213,826296,115326,408160,594140,32591,44193,471114,417133,590
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 1,5011,96026,5013,8544,13213,41212,6074,733103,392166,812175,035139,428195,884197,871201,219
Group/Directors Accounts91,483107,31183,25871,905631,1390339,206398,350152,737000000
other short term finances00000498,540000000000
hp & lease commitments0000005,36225,5270000000
other current liabilities11,5107,46210,20710,9022,02203,1274,4040000000
total current liabilities104,494116,733119,96686,661637,293514,170360,302433,014256,129166,812175,035139,428195,884197,871201,219
loans3,31314,66911,40522,02729,0520000000000
hp & lease commitments000000013,2210000000
Accruals and Deferred Income000000000000000
other liabilities0000000034,3642,9569,3064,7871,2198,39823,692
provisions00000001,6202,35602012011,3582,6513,620
total long term liabilities3,31314,66911,40522,02729,0520014,84136,7202,9569,5074,9882,57711,04927,312
total liabilities107,807131,402131,371108,688666,345514,170360,302447,855292,849169,768184,542144,416198,461208,920228,531
net assets-7,862-25,55318,54815,055-531,871-328,377-146,476-151,74033,559-9,174-44,217-52,975-104,990-94,503-94,941
total shareholders funds-7,862-25,55318,54815,055-531,871-328,377-146,476-151,74033,559-9,174-44,217-52,975-104,990-94,503-94,941
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit23,190-44,1875,289676,775-185,688-165,075-146,596-185,30053,41644,35811,37468,441-10,487608-95,061
Depreciation9,96821,17437,02842,71558,36959,46282,15560,85934,53123,44920,60921,03121,81423,99023,774
Amortisation000000000000000
Tax-5,8970-819-128,2910000-10,683-9,315-2,616-16,4260-1700
Stock-2,9931,792-2,260-3,902-3,825-1,83427,7548,479-2,386-6342106,12063083316,288
Debtors-3,684-6,052-3,77731,0075,149-6,0606,060-1,176-89,79541,39849,6601751,1432,792458
Creditors-459-24,54122,647-278-9,28080512,607-98,659-63,420-8,22335,607-56,456-1,987-3,348201,219
Accruals and Deferred Income4,048-2,745-6958,8802,022-3,1273,1274,4040000000
Deferred Taxes & Provisions0000000-7362,356-2010-1,157-1,293-9693,620
Cash flow from operations37,527-46,03969,487572,696-135,901-100,041-82,521-226,735108,3819,30415,1049,1386,27416,486116,806
Investing Activities
capital expenditure-7,9320-25,168-4,902-9,722-35,327-262,024-22,634-292,526-2,954-19,623-12,706905-1,192-140,498
Change in Investments0000120-1201200000000120
cash flow from investments-7,9320-25,168-4,902-9,842-35,207-262,144-22,634-292,526-2,954-19,623-12,706905-1,192-140,618
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-15,82824,05311,353-559,234631,139-339,206339,206245,613152,737000000
Other Short Term Loans 0000-498,540498,540000000000
Long term loans-11,3563,264-10,622-7,02529,0520000000000
Hire Purchase and Lease Commitments00000-5,3625,36238,7480000000
other long term liabilities0000000-34,36431,408-6,3504,5193,568-7,179-15,29423,692
share issue0000001200000000120
interest39886-977-1,558-17,806-16,826010000000
cash flow from financing-26,78627,403-246-567,817143,845137,146344,688249,998184,145-6,3504,5193,568-7,179-15,29423,812
cash and cash equivalents
cash2,809-18,63644,073-2300236290000000
overdraft000000000000000
change in cash2,809-18,63644,073-2300236290000000

pudsey 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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Pudsey Specsavers Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for pudsey 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.

pudsey specsavers limited Ownership

PUDSEY SPECSAVERS LIMITED group structure

Pudsey Specsavers Limited has 1 subsidiary company.

PUDSEY SPECSAVERS LIMITED Shareholders

specsavers uk holdings limited 50%
jamal zahoor iqbal shere 25%
shakiba mahmood 12.5%
sophia noreen 12.5%

pudsey specsavers limited directors

Pudsey Specsavers Limited currently has 4 directors. The longest serving directors include Mr Jamal Shere (Mar 2008) and Ms Sophia Noreen (Jan 2023).

officercountryagestartendrole
Mr Jamal ShereEngland41 years Mar 2008- Director
Ms Sophia NoreenEngland40 years Jan 2023- Director
Shakiba MahmoodEngland28 years Feb 2024- Director
Mr Douglas PerkinsGuernsey81 years Feb 2024- Director

P&L

February 2024

turnover

11.8k

+21%

operating profit

23.2k

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

-7.9k

-0.69%

total assets

99.9k

-0.06%

cash

28.2k

+0.11%

net assets

Total assets minus all liabilities

pudsey specsavers limited company details

company number

06287679

Type

Private limited with Share Capital

industry

47782 - Retail sale by opticians

incorporation date

June 2007

age

17

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

-

pudsey 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 pudsey specsavers limited.

pudsey 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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pudsey specsavers limited Companies House Filings - See Documents

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