paris optical limited

paris optical limited Company Information

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Company Number

07421045

Industry

Non-specialised wholesale trade

 

Directors

Salim Juma

Shareholders

eye emporium ltd

Group Structure

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Contact

Registered Address

42 the broadway, london, E15 4QS

paris optical limited Estimated Valuation

£17k

Pomanda estimates the enterprise value of PARIS OPTICAL LIMITED at £17k based on a Turnover of £50.3k and 0.34x industry multiple (adjusted for size and gross margin).

paris optical limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PARIS OPTICAL LIMITED at £0 based on an EBITDA of £-1.1k and a 4.05x industry multiple (adjusted for size and gross margin).

paris optical limited Estimated Valuation

£68.4k

Pomanda estimates the enterprise value of PARIS OPTICAL LIMITED at £68.4k based on Net Assets of £23.5k and 2.92x industry multiple (adjusted for liquidity).

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Paris Optical Limited Overview

Paris Optical Limited is a live company located in london, E15 4QS with a Companies House number of 07421045. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in October 2010, it's largest shareholder is eye emporium ltd with a 100% stake. Paris Optical Limited is a established, micro sized company, Pomanda has estimated its turnover at £50.3k with declining growth in recent years.

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Paris Optical Limited Health Check

Pomanda's financial health check has awarded Paris Optical Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

8 Weak

size

Size

annual sales of £50.3k, make it smaller than the average company (£15.4m)

£50.3k - Paris Optical Limited

£15.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -56%, show it is growing at a slower rate (6.3%)

-56% - Paris Optical Limited

6.3% - Industry AVG

production

Production

with a gross margin of 27.4%, this company has a comparable cost of product (27.4%)

27.4% - Paris Optical Limited

27.4% - Industry AVG

profitability

Profitability

an operating margin of -2.3% make it less profitable than the average company (5.2%)

-2.3% - Paris Optical Limited

5.2% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (39)

1 - Paris Optical Limited

39 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.8k, the company has an equivalent pay structure (£42.8k)

£42.8k - Paris Optical Limited

£42.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £50.3k, this is less efficient (£374.2k)

£50.3k - Paris Optical Limited

£374.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Paris Optical Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (33 days)

0 days - Paris Optical Limited

33 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 312 days, this is more than average (77 days)

312 days - Paris Optical Limited

77 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 63 weeks, this is more cash available to meet short term requirements (15 weeks)

63 weeks - Paris Optical Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 69%, this is a higher level of debt than the average (47.2%)

69% - Paris Optical Limited

47.2% - Industry AVG

PARIS OPTICAL LIMITED financials

EXPORTms excel logo

Paris Optical Limited's latest turnover from October 2023 is estimated at £50.3 thousand and the company has net assets of £23.5 thousand. According to their latest financial statements, we estimate that Paris Optical Limited has 1 employee and maintains cash reserves of £44.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011
Turnover50,25952,409657,055607,346429,544649,395995,810342,046237,438356,663222,978124,334105,306
Other Income Or Grants0000000000000
Cost Of Sales36,49937,811477,649442,804313,798475,902721,345245,333170,913257,757160,26689,19075,739
Gross Profit13,76014,599179,406164,542115,747173,494274,46596,71366,52598,90662,71335,14429,567
Admin Expenses14,89415,732184,162155,666104,434188,519268,63487,70554,43683,93757,01332,70336,727
Operating Profit-1,134-1,133-4,7568,87611,313-15,0255,8319,00812,08914,9695,7002,441-7,160
Interest Payable3,3031,38100008601,2514060000
Interest Receivable2,5696020150481014122927
Pre-Tax Profit-1,868-1,912-4,7568,87711,319-15,0254,9757,76511,69314,9825,7122,470-7,133
Tax000-1,687-2,1510-945-1,553-2,338-3,146-1,314-5930
Profit After Tax-1,868-1,912-4,7567,1909,168-15,0254,0306,2129,35411,8364,3981,877-7,133
Dividends Paid0000000000000
Retained Profit-1,868-1,912-4,7567,1909,168-15,0254,0306,2129,35411,8364,3981,877-7,133
Employee Costs42,84640,788114,83437,35773,89172,08870,52668,79433,54765,65633,11932,37332,316
Number Of Employees1131222212111
EBITDA*-1,134-1,133-4,7568,87611,313-15,0255,8319,00812,08914,9695,7002,441-7,160

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011
Tangible Assets0000000000000
Intangible Assets0000000000000
Investments & Other0000000000000
Debtors (Due After 1 year)0000000000000
Total Fixed Assets0000000000000
Stock & work in progress31,25031,2500066,5220080,23267,40764,09735,17324,08815,716
Trade Debtors00123,421135,61043,031107,983195,81562,13548,49641,90224,5299,7266,852
Group Debtors0000000000000
Misc Debtors401,11500000000000
Cash44,38953,485001,404003,5652,6571,4774,03267710,732
misc current assets0000000000000
total current assets75,67985,850123,421135,610110,957107,983195,815145,932118,560107,47663,73434,49133,300
total assets75,67985,850123,421135,610110,957107,983195,815145,932118,560107,47663,73434,49133,300
Bank overdraft9,3179,3170000027,51612,5050000
Bank loan0000000000000
Trade Creditors 2254,57659,95386,14090,831164,1385,65415,46496,39864,49239,64740,333
Group/Directors Accounts0000000000000
other short term finances0000000000000
hp & lease commitments0000000000000
other current liabilities26,96027,0390000086,11870,1590000
total current liabilities36,27936,35854,57659,95386,14090,831164,138119,28898,12896,39864,49239,64740,333
loans15,92924,15300000000000
hp & lease commitments0000000000000
Accruals and Deferred Income0000001,103000000
other liabilities0041,69443,750000000000
provisions0000000000000
total long term liabilities15,92924,15341,69443,75001,6031,103000000
total liabilities52,20860,51196,270103,70386,14092,434165,241119,28898,12896,39864,49239,64740,333
net assets23,47125,33927,15131,90724,81715,54930,57426,64420,43211,078-758-5,156-7,033
total shareholders funds23,47125,33927,15131,90724,81715,54930,57426,64420,43211,078-758-5,156-7,033
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011
Operating Activities
Operating Profit-1,134-1,133-4,7568,87611,313-15,0255,8319,00812,08914,9695,7002,441-7,160
Depreciation0000000000000
Amortisation0000000000000
Tax000-1,687-2,1510-945-1,553-2,338-3,146-1,314-5930
Stock031,2500-66,52266,5220-80,23212,8253,31028,92411,0858,37215,716
Debtors-1,075-122,306-12,18992,579-64,952-87,832133,68013,6396,59417,37314,8032,8746,852
Creditors0-54,574-5,377-26,187-4,691-73,307158,484-9,810-80,93431,90624,845-68640,333
Accruals and Deferred Income-7927,039000-1,103-85,01515,95970,1590000
Deferred Taxes & Provisions0000000000000
Cash flow from operations-13862,3882,056-45,0552,901-1,60324,907-12,860-10,928-2,5683,343-10,08410,605
Investing Activities
capital expenditure0000000000000
Change in Investments0000000000000
cash flow from investments0000000000000
Financing Activities
Bank loans0000000000000
Group/Directors Accounts0000000000000
Other Short Term Loans 0000000000000
Long term loans-8,22424,15300000000000
Hire Purchase and Lease Commitments0000000000000
other long term liabilities0-41,694-2,05643,750000000000
share issue01000-1001000-10000000100
interest-734-7790150-856-1,243-39614122927
cash flow from financing-8,958-18,220-2,05643,6511050-956-1,243-396141229127
cash and cash equivalents
cash-9,09653,4850-1,4041,4040-3,5659081,180-2,5553,355-10,05510,732
overdraft09,3170000-27,51615,01112,5050000
change in cash-9,09644,1680-1,4041,404023,951-14,103-11,325-2,5553,355-10,05510,732

paris optical 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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Paris Optical Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for paris optical 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 E15 area or any other competitors across 12 key performance metrics.

paris optical limited Ownership

PARIS OPTICAL LIMITED group structure

Paris Optical Limited has no subsidiary companies.

Ultimate parent company

1 parent

PARIS OPTICAL LIMITED

07421045

PARIS OPTICAL LIMITED Shareholders

eye emporium ltd 100%

paris optical limited directors

Paris Optical Limited currently has 1 director, Mr Salim Juma serving since Oct 2010.

officercountryagestartendrole
Mr Salim Juma53 years Oct 2010- Director

P&L

October 2023

turnover

50.3k

-4%

operating profit

-1.1k

0%

gross margin

27.4%

-1.71%

turnover

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

Balance Sheet

October 2023

net assets

23.5k

-0.07%

total assets

75.7k

-0.12%

cash

44.4k

-0.17%

net assets

Total assets minus all liabilities

paris optical limited company details

company number

07421045

Type

Private limited with Share Capital

industry

46900 - Non-specialised wholesale trade

incorporation date

October 2010

age

14

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

October 2023

previous names

N/A

accountant

JOHN HIGH & ASSOCIATES LTD

auditor

-

address

42 the broadway, london, E15 4QS

Bank

-

Legal Advisor

-

paris optical 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 paris optical limited.

paris optical 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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paris optical limited Companies House Filings - See Documents

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