mm salons (hammersmith) ltd
mm salons (hammersmith) ltd Company Information
Company Number
08006275
Next Accounts
734 days late
Industry
Hairdressing and other beauty treatment
Directors
Shareholders
millimetre hair & beauty uk ltd
Group Structure
View All
Contact
Registered Address
29th floor 40 bank street, london, E14 5NR
Website
www.mmsalons.commm salons (hammersmith) ltd Estimated Valuation
Pomanda estimates the enterprise value of MM SALONS (HAMMERSMITH) LTD at £118.1k based on a Turnover of £138.9k and 0.85x industry multiple (adjusted for size and gross margin).
mm salons (hammersmith) ltd Estimated Valuation
Pomanda estimates the enterprise value of MM SALONS (HAMMERSMITH) LTD at £32.4k based on an EBITDA of £5.9k and a 5.49x industry multiple (adjusted for size and gross margin).
mm salons (hammersmith) ltd Estimated Valuation
Pomanda estimates the enterprise value of MM SALONS (HAMMERSMITH) LTD at £0 based on Net Assets of £-939.9k and 4.29x industry multiple (adjusted for liquidity).
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Mm Salons (hammersmith) Ltd Overview
Mm Salons (hammersmith) Ltd is a live company located in london, E14 5NR with a Companies House number of 08006275. It operates in the hairdressing and other beauty treatment sector, SIC Code 96020. Founded in March 2012, it's largest shareholder is millimetre hair & beauty uk ltd with a 100% stake. Mm Salons (hammersmith) Ltd is a established, micro sized company, Pomanda has estimated its turnover at £138.9k with declining growth in recent years.
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Mm Salons (hammersmith) Ltd Health Check
Pomanda's financial health check has awarded Mm Salons (Hammersmith) Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £138.9k, make it larger than the average company (£82.3k)
- Mm Salons (hammersmith) Ltd
£82.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -23%, show it is growing at a slower rate (-2.2%)
- Mm Salons (hammersmith) Ltd
-2.2% - Industry AVG
Production
with a gross margin of 75.1%, this company has a comparable cost of product (75.1%)
- Mm Salons (hammersmith) Ltd
75.1% - Industry AVG
Profitability
an operating margin of -3.5% make it less profitable than the average company (8%)
- Mm Salons (hammersmith) Ltd
8% - Industry AVG
Employees
with 7 employees, this is above the industry average (4)
7 - Mm Salons (hammersmith) Ltd
4 - Industry AVG
Pay Structure
on an average salary of £12.5k, the company has an equivalent pay structure (£12.5k)
- Mm Salons (hammersmith) Ltd
£12.5k - Industry AVG
Efficiency
resulting in sales per employee of £19.8k, this is less efficient (£26.9k)
- Mm Salons (hammersmith) Ltd
£26.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Mm Salons (hammersmith) Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is quicker than average (53 days)
- Mm Salons (hammersmith) Ltd
53 days - Industry AVG
Stock Days
it holds stock equivalent to 53 days, this is in line with average (58 days)
- Mm Salons (hammersmith) Ltd
58 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (28 weeks)
1 weeks - Mm Salons (hammersmith) Ltd
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 773.5%, this is a higher level of debt than the average (91.2%)
773.5% - Mm Salons (hammersmith) Ltd
91.2% - Industry AVG
MM SALONS (HAMMERSMITH) LTD financials
Mm Salons (Hammersmith) Ltd's latest turnover from March 2021 is estimated at £138.9 thousand and the company has net assets of -£939.9 thousand. According to their latest financial statements, Mm Salons (Hammersmith) Ltd has 7 employees and maintains cash reserves of £29.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 7 | 10 | 14 | 10 | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 13,510 | 24,280 | 35,507 | 49,456 | 4,986 | 27,657 | 51,306 | 71,813 | 95,996 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 13,510 | 24,280 | 35,507 | 49,456 | 4,986 | 27,657 | 51,306 | 71,813 | 95,996 |
| Stock & work in progress | 5,040 | 4,630 | 6,469 | 7,329 | 13,071 | 8,949 | 8,949 | 6,612 | 7,935 |
| Trade Debtors | 0 | 0 | 13 | 33,361 | 60,937 | 59,528 | 30,623 | 35,766 | 25,713 |
| Group Debtors | 68,872 | 62,167 | 23,283 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 22,250 | 17,949 | 28,607 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 29,884 | 0 | 1,210 | 7,227 | 1,872 | 5,087 | 7,809 | 2,978 | 2,727 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 126,046 | 84,746 | 59,582 | 47,917 | 75,880 | 73,564 | 47,381 | 45,356 | 36,375 |
| total assets | 139,556 | 109,026 | 95,089 | 97,373 | 80,866 | 101,221 | 98,687 | 117,169 | 132,371 |
| Bank overdraft | 0 | 26 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,978 | 352 | 14,578 | 29,485 | 71,285 | 74,663 | 119,608 | 86,088 | 76,451 |
| Group/Directors Accounts | 1,008,014 | 1,014,922 | 927,608 | 829,696 | 673,592 | 575,553 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 18,427 | 27,219 | 21,015 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,029,419 | 1,042,519 | 963,201 | 859,181 | 744,877 | 650,216 | 119,608 | 86,088 | 76,451 |
| loans | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 378,054 | 303,424 | 192,724 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 50,000 | 0 | 0 | 0 | 0 | 0 | 378,054 | 303,424 | 192,724 |
| total liabilities | 1,079,419 | 1,042,519 | 963,201 | 859,181 | 744,877 | 650,216 | 497,662 | 389,512 | 269,175 |
| net assets | -939,863 | -933,493 | -868,112 | -761,808 | -664,011 | -548,995 | -398,975 | -272,343 | -136,804 |
| total shareholders funds | -939,863 | -933,493 | -868,112 | -761,808 | -664,011 | -548,995 | -398,975 | -272,343 | -136,804 |
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 10,770 | 11,227 | 11,991 | 13,455 | 23,139 | 23,649 | 23,606 | 24,183 | 23,573 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 410 | -1,839 | -860 | -5,742 | 4,122 | 0 | 2,337 | -1,323 | 7,935 |
| Debtors | 11,006 | 28,213 | 18,542 | -27,576 | 1,409 | 28,905 | -5,143 | 10,053 | 25,713 |
| Creditors | 2,626 | -14,226 | -14,907 | -41,800 | -3,378 | -44,945 | 33,520 | 9,637 | 76,451 |
| Accruals and Deferred Income | -8,792 | 6,204 | 21,015 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -6,908 | 87,314 | 97,912 | 156,104 | 98,039 | 575,553 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -378,054 | 74,630 | 110,700 | 192,724 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 29,884 | -1,210 | -6,017 | 5,355 | -3,215 | -2,722 | 4,831 | 251 | 2,727 |
| overdraft | -26 | 26 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 29,910 | -1,236 | -6,017 | 5,355 | -3,215 | -2,722 | 4,831 | 251 | 2,727 |
mm salons (hammersmith) ltd Credit Report and Business Information
Mm Salons (hammersmith) Ltd Competitor Analysis
Perform a competitor analysis for mm salons (hammersmith) ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in E14 area or any other competitors across 12 key performance metrics.
mm salons (hammersmith) ltd Ownership
MM SALONS (HAMMERSMITH) LTD group structure
Mm Salons (Hammersmith) Ltd has no subsidiary companies.
Ultimate parent company
FCS GESTION SIF SICAV SCA
#0081601
2 parents
MM SALONS (HAMMERSMITH) LTD
08006275
mm salons (hammersmith) ltd directors
Mm Salons (Hammersmith) Ltd currently has 1 director, Mr Jaime Agurruza Fatosme serving since Mar 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jaime Agurruza Fatosme | Spain | 46 years | Mar 2015 | - | Director |
P&L
March 2021turnover
138.9k
-40%
operating profit
-4.9k
0%
gross margin
75.2%
-7.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2021net assets
-939.9k
+0.01%
total assets
139.6k
+0.28%
cash
29.9k
0%
net assets
Total assets minus all liabilities
Similar Companies
mm salons (hammersmith) ltd company details
company number
08006275
Type
Private limited with Share Capital
industry
96020 - Hairdressing and other beauty treatment
incorporation date
March 2012
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2021
previous names
ma hammersmith ltd (October 2014)
accountant
-
auditor
-
address
29th floor 40 bank street, london, E14 5NR
Bank
-
Legal Advisor
-
mm salons (hammersmith) ltd 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 found 1 charges/mortgages relating to mm salons (hammersmith) ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
mm salons (hammersmith) ltd 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 MM SALONS (HAMMERSMITH) LTD. This can take several minutes, an email will notify you when this has completed.
mm salons (hammersmith) ltd Companies House Filings - See Documents
| date | description | view/download |
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