harmony dry cleaners limited
harmony dry cleaners limited Company Information
Company Number
07710608
Next Accounts
Mar 2025
Shareholders
mr naresh jayantilal bagdai
mrs nisha naresh bagdai
Group Structure
View All
Industry
Washing and (dry-)cleaning of textile and fur products
Registered Address
90 edgware way, edgware, HA8 8JS
Website
www.harmonydrycleaners.comharmony dry cleaners limited Estimated Valuation
Pomanda estimates the enterprise value of HARMONY DRY CLEANERS LIMITED at £54.6k based on a Turnover of £114k and 0.48x industry multiple (adjusted for size and gross margin).
harmony dry cleaners limited Estimated Valuation
Pomanda estimates the enterprise value of HARMONY DRY CLEANERS LIMITED at £0 based on an EBITDA of £-16.7k and a 2.69x industry multiple (adjusted for size and gross margin).
harmony dry cleaners limited Estimated Valuation
Pomanda estimates the enterprise value of HARMONY DRY CLEANERS LIMITED at £39 based on Net Assets of £17 and 2.32x industry multiple (adjusted for liquidity).
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Harmony Dry Cleaners Limited Overview
Harmony Dry Cleaners Limited is a dissolved company that was located in edgware, HA8 8JS with a Companies House number of 07710608. It operated in the washing and (dry-)cleaning of textile and fur products sector, SIC Code 96010. Founded in July 2011, it's largest shareholder was mr naresh jayantilal bagdai with a 50% stake. The last turnover for Harmony Dry Cleaners Limited was estimated at £114k.
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Harmony Dry Cleaners Limited Health Check
Pomanda's financial health check has awarded Harmony Dry Cleaners Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 4 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
4 Weak
Size
annual sales of £114k, make it smaller than the average company (£5.2m)
- Harmony Dry Cleaners Limited
£5.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -38%, show it is growing at a slower rate (0.9%)
- Harmony Dry Cleaners Limited
0.9% - Industry AVG
Production
with a gross margin of 37.4%, this company has a comparable cost of product (37.4%)
- Harmony Dry Cleaners Limited
37.4% - Industry AVG
Profitability
an operating margin of -14.6% make it less profitable than the average company (5%)
- Harmony Dry Cleaners Limited
5% - Industry AVG
Employees
with 2 employees, this is below the industry average (80)
2 - Harmony Dry Cleaners Limited
80 - Industry AVG
Pay Structure
on an average salary of £25.7k, the company has an equivalent pay structure (£25.7k)
- Harmony Dry Cleaners Limited
£25.7k - Industry AVG
Efficiency
resulting in sales per employee of £57k, this is equally as efficient (£57k)
- Harmony Dry Cleaners Limited
£57k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Harmony Dry Cleaners Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Harmony Dry Cleaners Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Harmony Dry Cleaners Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Harmony Dry Cleaners Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Harmony Dry Cleaners Limited
- - Industry AVG
HARMONY DRY CLEANERS LIMITED financials
Harmony Dry Cleaners Limited's latest turnover from December 2022 is estimated at £114 thousand and the company has net assets of £17. According to their latest financial statements, Harmony Dry Cleaners Limited has 2 employees and maintains cash reserves of £17 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | |||||||||||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | |||||||||||
| Tax | |||||||||||
| Profit After Tax | |||||||||||
| Dividends Paid | |||||||||||
| Retained Profit | |||||||||||
| Employee Costs | |||||||||||
| Number Of Employees | 2 | 1 | 1 | 3 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 12,576 | 13,120 | 9,553 | 6,392 | 3,593 | 4,669 | 4,669 | ||||
| Intangible Assets | 12,667 | 16,667 | 20,667 | 24,667 | 28,667 | 36,667 | 36,667 | ||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 25,243 | 29,787 | 30,220 | 31,059 | 32,260 | 41,336 | 41,336 | ||||
| Stock & work in progress | 3,872 | 1,853 | 1,542 | 2,909 | 546 | 538 | 538 | ||||
| Trade Debtors | 54,922 | 84,560 | 1,667 | 1,280 | 315 | 315 | |||||
| Group Debtors | |||||||||||
| Misc Debtors | 3,998 | 18,055 | 11,957 | 11,824 | |||||||
| Cash | 17 | 13,878 | 12,668 | 25,171 | 9,516 | 25,539 | 15,306 | 15,182 | 15,182 | ||
| misc current assets | |||||||||||
| total current assets | 17 | 17,876 | 54,922 | 84,560 | 34,595 | 38,981 | 22,882 | 30,115 | 17,132 | 16,035 | 16,035 |
| total assets | 17 | 17,876 | 54,922 | 84,560 | 59,838 | 68,768 | 53,102 | 61,174 | 49,392 | 57,371 | 57,371 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 8,455 | 15,493 | 6,912 | 5,645 | 45,370 | ||||||
| Group/Directors Accounts | 1,409 | 590 | 7,387 | 1,643 | |||||||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 3,161 | 4,119 | 5,065 | ||||||||
| total current liabilities | 1,409 | 8,455 | 15,493 | 3,751 | 11,506 | 6,708 | 6,912 | 5,645 | 45,370 | ||
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | 45,370 | ||||||||||
| provisions | |||||||||||
| total long term liabilities | 45,370 | ||||||||||
| total liabilities | 1,409 | 8,455 | 15,493 | 3,751 | 11,506 | 6,708 | 6,912 | 5,645 | 45,370 | 45,370 | |
| net assets | 17 | 16,467 | 46,467 | 69,067 | 56,087 | 57,262 | 46,394 | 54,262 | 43,747 | 12,001 | 12,001 |
| total shareholders funds | 17 | 16,467 | 46,467 | 69,067 | 56,087 | 57,262 | 46,394 | 54,262 | 43,747 | 12,001 | 12,001 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 2,134 | 2,218 | 1,009 | 575 | 575 | 537 | |||||
| Amortisation | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 3,333 | |||||
| Tax | |||||||||||
| Stock | -3,872 | 2,019 | 311 | -1,367 | 2,363 | 8 | 538 | ||||
| Debtors | -3,998 | -50,924 | -29,638 | 66,505 | 6,098 | 133 | 10,157 | 387 | 965 | 315 | |
| Creditors | -8,455 | -7,038 | 15,493 | -6,912 | 1,267 | 5,645 | -45,370 | 45,370 | |||
| Accruals and Deferred Income | -3,161 | -958 | -946 | 5,065 | |||||||
| Deferred Taxes & Provisions | |||||||||||
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | -1,409 | 1,409 | -590 | -6,797 | 5,744 | 1,643 | |||||
| Other Short Term Loans | |||||||||||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | -45,370 | 45,370 | |||||||||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -13,861 | 13,878 | -12,668 | -12,503 | 15,655 | -16,023 | 10,233 | 124 | 15,182 | ||
| overdraft | |||||||||||
| change in cash | -13,861 | 13,878 | -12,668 | -12,503 | 15,655 | -16,023 | 10,233 | 124 | 15,182 |
harmony dry cleaners limited Credit Report and Business Information
Harmony Dry Cleaners Limited Competitor Analysis
Perform a competitor analysis for harmony dry cleaners limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other undefined companies, companies in HA8 area or any other competitors across 12 key performance metrics.
harmony dry cleaners limited Ownership
HARMONY DRY CLEANERS LIMITED group structure
Harmony Dry Cleaners Limited has no subsidiary companies.
Ultimate parent company
HARMONY DRY CLEANERS LIMITED
07710608
harmony dry cleaners limited directors
Harmony Dry Cleaners Limited currently has 2 directors. The longest serving directors include Mr Naresh Bagdai (Jul 2011) and Ms Nisha Bagdai (Apr 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Naresh Bagdai | United Kingdom | 68 years | Jul 2011 | - | Director |
| Ms Nisha Bagdai | Uk | 61 years | Apr 2012 | - | Director |
P&L
December 2022turnover
114k
0%
operating profit
-16.7k
0%
gross margin
37.4%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
17
-1%
total assets
17
-1%
cash
17
-1%
net assets
Total assets minus all liabilities
harmony dry cleaners limited company details
company number
07710608
Type
Private limited with Share Capital
industry
96010 - Washing and (dry-)cleaning of textile and fur products
incorporation date
July 2011
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2022
previous names
n & j drycleaners ltd (March 2012)
accountant
J N SIMARIA & CO
auditor
-
address
90 edgware way, edgware, HA8 8JS
Bank
-
Legal Advisor
-
harmony dry cleaners 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 harmony dry cleaners limited.
harmony dry cleaners 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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harmony dry cleaners limited Companies House Filings - See Documents
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