mehar retail ltd
mehar retail ltd Company Information
Company Number
08744129
Website
-Registered Address
15 armytage road, hounslow, TW5 9JH
Industry
Retail sale in non-specialised stores with food, beverages or tobacco predominating
Telephone
02088487489
Next Accounts Due
August 2024
Group Structure
View All
Directors
Mehar Singh10 Years
Shareholders
mehar singh 100%
mehar retail ltd Estimated Valuation
Pomanda estimates the enterprise value of MEHAR RETAIL LTD at £113.3k based on a Turnover of £581.7k and 0.19x industry multiple (adjusted for size and gross margin).
mehar retail ltd Estimated Valuation
Pomanda estimates the enterprise value of MEHAR RETAIL LTD at £101.5k based on an EBITDA of £40k and a 2.54x industry multiple (adjusted for size and gross margin).
mehar retail ltd Estimated Valuation
Pomanda estimates the enterprise value of MEHAR RETAIL LTD at £735.5k based on Net Assets of £286.7k and 2.57x industry multiple (adjusted for liquidity).
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Mehar Retail Ltd Overview
Mehar Retail Ltd is a live company located in hounslow, TW5 9JH with a Companies House number of 08744129. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in October 2013, it's largest shareholder is mehar singh with a 100% stake. Mehar Retail Ltd is a established, small sized company, Pomanda has estimated its turnover at £581.7k with declining growth in recent years.
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Mehar Retail Ltd Health Check
Pomanda's financial health check has awarded Mehar Retail Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £581.7k, make it in line with the average company (£665.1k)
- Mehar Retail Ltd
£665.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (3.5%)
- Mehar Retail Ltd
3.5% - Industry AVG
Production
with a gross margin of 17%, this company has a higher cost of product (24%)
- Mehar Retail Ltd
24% - Industry AVG
Profitability
an operating margin of 6.3% make it more profitable than the average company (3.6%)
- Mehar Retail Ltd
3.6% - Industry AVG
Employees
with 12 employees, this is similar to the industry average (12)
12 - Mehar Retail Ltd
12 - Industry AVG
Pay Structure
on an average salary of £15k, the company has an equivalent pay structure (£15k)
- Mehar Retail Ltd
£15k - Industry AVG
Efficiency
resulting in sales per employee of £48.5k, this is less efficient (£105.9k)
- Mehar Retail Ltd
£105.9k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is later than average (8 days)
- Mehar Retail Ltd
8 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is slower than average (26 days)
- Mehar Retail Ltd
26 days - Industry AVG
Stock Days
it holds stock equivalent to 87 days, this is more than average (22 days)
- Mehar Retail Ltd
22 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 68 weeks, this is more cash available to meet short term requirements (21 weeks)
68 weeks - Mehar Retail Ltd
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.9%, this is a lower level of debt than the average (67.8%)
58.9% - Mehar Retail Ltd
67.8% - Industry AVG
MEHAR RETAIL LTD financials
Mehar Retail Ltd's latest turnover from November 2022 is estimated at £581.7 thousand and the company has net assets of £286.7 thousand. According to their latest financial statements, Mehar Retail Ltd has 12 employees and maintains cash reserves of £76.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 12 | 12 | 21 | 26 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 431,714 | 434,053 | 435,841 | 439,527 | 490,134 | 322,887 | 116,578 | 113,282 | 91,557 |
| Intangible Assets | 45,000 | 45,000 | 45,000 | 45,000 | 0 | 0 | 0 | 10,000 | 10,000 |
| 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 | 476,714 | 479,053 | 480,841 | 484,527 | 490,134 | 322,887 | 116,578 | 123,282 | 101,557 |
| Stock & work in progress | 115,493 | 267,043 | 274,543 | 250,127 | 0 | 0 | 0 | 161,047 | 21,205 |
| Trade Debtors | 28,339 | 0 | 0 | 0 | 285,417 | 369,062 | 390,707 | 10,750 | 17,639 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 76,641 | 3,057 | 25,248 | 5,616 | 0 | 0 | 0 | 22,483 | 18,508 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 220,473 | 270,100 | 299,791 | 255,743 | 285,417 | 369,062 | 390,707 | 194,280 | 57,352 |
| total assets | 697,187 | 749,153 | 780,632 | 740,270 | 775,551 | 691,949 | 507,285 | 317,562 | 158,909 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 57,939 | 36,328 | 288,904 | 154,524 | 211,091 | 174,282 | 54,028 | 289,543 | 151,629 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 57,939 | 36,328 | 288,904 | 154,524 | 211,091 | 174,282 | 54,028 | 289,543 | 151,629 |
| loans | 0 | 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 | 352,499 | 456,936 | 248,619 | 380,419 | 380,419 | 380,419 | 380,419 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 352,499 | 456,936 | 248,619 | 380,419 | 380,419 | 380,419 | 380,419 | 0 | 0 |
| total liabilities | 410,438 | 493,264 | 537,523 | 534,943 | 591,510 | 554,701 | 434,447 | 289,543 | 151,629 |
| net assets | 286,749 | 255,889 | 243,109 | 205,327 | 184,041 | 137,248 | 72,838 | 28,019 | 7,280 |
| total shareholders funds | 286,749 | 255,889 | 243,109 | 205,327 | 184,041 | 137,248 | 72,838 | 28,019 | 7,280 |
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 3,088 | 3,778 | 4,464 | 8,576 | 3,750 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | ||||
| Tax | |||||||||
| Stock | -151,550 | -7,500 | 24,416 | 250,127 | 0 | 0 | -161,047 | 139,842 | 21,205 |
| Debtors | 28,339 | 0 | 0 | -285,417 | -83,645 | -21,645 | 379,957 | -6,889 | 17,639 |
| Creditors | 21,611 | -252,576 | 134,380 | -56,567 | 36,809 | 120,254 | -235,515 | 137,914 | 151,629 |
| Accruals and Deferred Income | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 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 | -104,437 | 208,317 | -131,800 | 0 | 0 | 0 | 380,419 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 73,584 | -22,191 | 19,632 | 5,616 | 0 | 0 | -22,483 | 3,975 | 18,508 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 73,584 | -22,191 | 19,632 | 5,616 | 0 | 0 | -22,483 | 3,975 | 18,508 |
mehar retail ltd Credit Report and Business Information
Mehar Retail Ltd Competitor Analysis
Perform a competitor analysis for mehar retail ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mehar retail ltd Ownership
MEHAR RETAIL LTD group structure
Mehar Retail Ltd has no subsidiary companies.
Ultimate parent company
MEHAR RETAIL LTD
08744129
mehar retail ltd directors
Mehar Retail Ltd currently has 1 director, Mr Mehar Singh serving since Oct 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mehar Singh | England | 63 years | Oct 2013 | - | Director |
P&L
November 2022turnover
581.7k
-52%
operating profit
36.9k
0%
gross margin
17.1%
+9.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2022net assets
286.7k
+0.12%
total assets
697.2k
-0.07%
cash
76.6k
+24.07%
net assets
Total assets minus all liabilities
Similar Companies
mehar retail ltd company details
company number
08744129
Type
Private limited with Share Capital
industry
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
incorporation date
October 2013
age
11
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
15 armytage road, hounslow, TW5 9JH
last accounts submitted
November 2022
mehar retail 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 did not find charges/mortgages relating to mehar retail ltd.
mehar retail ltd Companies House Filings - See Documents
| date | description | view/download |
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