Canvey Island Specsavers Limited

POWER SEARCH PRICING

SOLUTIONS

canvey island specsavers limited Company Information

Live

EstablishedSmallHigh

Company Number

09039827

Next Accounts

Nov 2025

Industry

Retail sale by opticians

Directors

Mary Perkins

Lee Hansford

View All

Shareholders

specsavers uk holdings limited

alan mclean

View All

Group Structure

View All

Contact

Registered Address

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

Website

www.specsavers.co.uk

canvey island specsavers limited Estimated Valuation

£531.5k

Pomanda estimates the enterprise value of CANVEY ISLAND SPECSAVERS LIMITED at £531.5k based on a Turnover of £945.6k and 0.56x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Canvey Island Specsavers Limited is a live company located in fareham, PO15 7PA with a Companies House number of 09039827. It operates in the retail sale by opticians sector, SIC Code 47782. Founded in May 2014, it's largest shareholder is specsavers uk holdings limited with a 57.7% stake. Canvey Island Specsavers Limited is a established, small sized company, Pomanda has estimated its turnover at £945.6k with high growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Canvey Island Specsavers Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

3 Strong

3 Regular

6 Weak

Size

annual sales of £945.6k, make it smaller than the average company (£4.6m)

Growth

3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (12.5%)

EXPORT

Canvey Island Specsavers Limited's latest turnover from February 2024 is estimated at £945.6 thousand and the company has net assets of £88.7 thousand. According to their latest financial statements, Canvey Island Specsavers Limited has 22 employees and maintains cash reserves of £346.4 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Feb 2024	Feb 2023	Feb 2022	Feb 2021	Feb 2020	Feb 2019	Feb 2018	Feb 2017	Feb 2016	Feb 2015
Turnover	945,556	619,569	479,508	593,360	954,675	741,930	703,657	690,731	760,073	1,316,726
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	406,837	212,717	195,501	465,564	712,653	549,324	420,652	334,729	242,517	560,121
Gross Profit	538,719	406,852	284,007	127,796	242,023	192,606	283,005	356,002	517,556	756,605
Admin Expenses	508,558	416,726	275,019	126,116	243,484	158,105	268,641	371,447	404,594	798,922
Operating Profit	30,161	-9,874	8,988	1,680	-1,461	34,501	14,364	-15,445	112,962	-42,317
Interest Payable	791	881	3,133	3,645	1,232	0	0	6,447	6,705	0
Interest Receivable	11,863	5,491	745	130	778	484	275	183	224	0
Pre-Tax Profit	41,233	-5,264	6,600	-1,834	-1,915	34,985	14,640	-21,709	106,481	-42,317
Tax	-10,308	0	-1,254	0	0	-6,647	-2,782	0	-21,296	0
Profit After Tax	30,925	-5,264	5,346	-1,834	-1,915	28,338	11,858	-21,709	85,185	-42,317
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Retained Profit	30,925	-5,264	5,346	-1,834	-1,915	28,338	11,858	-21,709	85,185	-42,317
Employee Costs	699,663	664,778	536,572	448,374	435,918	377,589	394,310	344,799	332,854	342,378
Number Of Employees	22	21	18	18	19	16	16	15	15	14
EBITDA*	43,728	4,024	37,456	31,452	46,375	81,646	67,361	37,154	163,164	-36,608

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Feb 2024	Feb 2023	Feb 2022	Feb 2021	Feb 2020	Feb 2019	Feb 2018	Feb 2017	Feb 2016	Feb 2015
Tangible Assets	45,659	42,725	51,632	80,100	71,182	90,067	128,884	172,981	225,580	205,359
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	9,445	13,778	15,808	10,552	9,624	8,383	5,675	0	0	0
Total Fixed Assets	55,104	56,503	67,440	90,652	80,806	98,450	134,559	172,981	225,580	205,359
Stock & work in progress	14,069	13,290	13,832	14,742	18,146	18,083	17,327	21,402	14,779	21,794
Trade Debtors	30,781	33,438	29,193	37,809	41,257	32,888	36,830	35,781	33,065	70,296
Group Debtors	7,761	1,629	1,263	940	953	386	698	489	2,083	0
Misc Debtors	10,145	15,143	14,273	4,813	16,458	2,774	2,452	4,849	3,065	0
Cash	346,442	105,495	169,044	128,978	131,994	75,394	53,662	56,404	89,633	0
misc current assets	0	0	0	0	0	0	0	0	0	0
total current assets	409,198	168,995	227,605	187,282	208,808	129,525	110,969	118,925	142,625	92,090
total assets	464,302	225,498	295,045	277,934	289,614	227,975	245,528	291,906	368,205	297,449
Bank overdraft	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0
Trade Creditors	11,450	5,534	11,729	6,931	5,987	8,321	10,970	10,256	2,745	282,459
Group/Directors Accounts	282,492	104,228	138,054	51,599	116,681	99,330	153,722	218,328	75,314	0
other short term finances	0	0	0	55,545	0	0	0	0	191,468	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0
other current liabilities	71,770	53,728	68,778	78,693	70,876	58,848	46,000	37,144	40,635	0
total current liabilities	365,712	163,490	218,561	192,768	193,544	166,499	210,692	265,728	310,162	282,459
loans	9,856	4,199	13,411	27,439	36,509	0	0	0	14,825	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	1,698	4,898	0	55,666
provisions	0	0	0	0	0	0	0	0	229	1,520
total long term liabilities	9,856	4,199	13,411	27,439	36,509	0	1,698	4,898	15,054	57,186
total liabilities	375,568	167,689	231,972	220,207	230,053	166,499	212,390	270,626	325,216	339,645
net assets	88,734	57,809	63,073	57,727	59,561	61,476	33,138	21,280	42,989	-42,196
total shareholders funds	88,734	57,809	63,073	57,727	59,561	61,476	33,138	21,280	42,989	-42,196

	Feb 2024	Feb 2023	Feb 2022	Feb 2021	Feb 2020	Feb 2019	Feb 2018	Feb 2017	Feb 2016	Feb 2015
Operating Activities
Operating Profit	30,161	-9,874	8,988	1,680	-1,461	34,501	14,364	-15,445	112,962	-42,317
Depreciation	13,567	13,898	28,468	29,772	47,836	47,145	52,997	52,599	50,202	5,709
Amortisation	0	0	0	0	0	0	0	0	0	0
Tax	-10,308	0	-1,254	0	0	-6,647	-2,782	0	-21,296	0
Stock	779	-542	-910	-3,404	63	756	-4,075	6,623	-7,015	21,794
Debtors	-5,856	3,451	6,423	-14,178	23,861	-1,224	4,536	2,906	-32,083	70,296
Creditors	5,916	-6,195	4,798	944	-2,334	-2,649	714	7,511	-279,714	282,459
Accruals and Deferred Income	18,042	-15,050	-9,915	7,817	12,028	12,848	8,856	-3,491	40,635	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	-229	-1,291	1,520
Cash flow from operations	62,455	-20,130	25,572	57,795	32,145	85,666	73,688	31,416	-59,404	155,281
Investing Activities
capital expenditure	-16,501	-4,991	0	-38,690	-28,951	-8,328	-8,900	0	-70,423	-211,068
Change in Investments	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-16,501	-4,991	0	-38,690	-28,951	-8,328	-8,900	0	-70,423	-211,068
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	178,264	-33,826	86,455	-65,082	17,351	-54,392	-64,606	143,014	75,314	0
Other Short Term Loans	0	0	-55,545	55,545	0	0	0	-191,468	191,468	0
Long term loans	5,657	-9,212	-14,028	-9,070	36,509	0	0	-14,825	14,825	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	-1,698	-3,200	4,898	-55,666	55,666
share issue	0	0	0	0	0	0	0	0	0	121
interest	11,072	4,610	-2,388	-3,515	-454	484	275	-6,264	-6,481	0
cash flow from financing	194,993	-38,428	14,494	-22,122	53,406	-55,606	-67,531	-64,645	219,460	55,787
cash and cash equivalents
cash	240,947	-63,549	40,066	-3,016	56,600	21,732	-2,742	-33,229	89,633	0
overdraft	0	0	0	0	0	0	0	0	0	0
change in cash	240,947	-63,549	40,066	-3,016	56,600	21,732	-2,742	-33,229	89,633	0

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for canvey island specsavers limited. Get real-time insights into canvey island specsavers limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for canvey island specsavers limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in PO15 area or any other competitors across 12 key performance metrics.

CANVEY ISLAND SPECSAVERS LIMITED group structure

Canvey Island Specsavers Limited has no subsidiary companies.

Ultimate parent company

SPECSAVERS OPTICAL SUPERSTORES LIMITED

01721624

SPECSAVERS UK HOLDINGS LIMITED

10837649

2 parents

CANVEY ISLAND SPECSAVERS LIMITED

09039827

CANVEY ISLAND SPECSAVERS LIMITED Shareholders

specsavers uk holdings limited	57.68%
alan mclean	14.94%
mario savva	14.94%
lee hansford	12.45%

Canvey Island Specsavers Limited currently has 5 directors. The longest serving directors include Mrs Mary Perkins (May 2014) and Mr Lee Hansford (Oct 2014).

officer	country	age	start	end	role
Mrs Mary Perkins	United Kingdom	80 years	May 2014	-	Director
Mr Lee Hansford	United Kingdom	48 years	Oct 2014	-	Director
Mr Alan McLean	United Kingdom	62 years	Oct 2014	-	Director
Mr Mario Savva	England	36 years	Jan 2024	-	Director
Mr Douglas Perkins	Guernsey	81 years	Jan 2024	-	Director

P&L

February 2024

turnover

945.6k

+53%

operating profit

30.2k

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

88.7k

+0.53%

total assets

464.3k

+1.06%

cash

346.4k

+2.28%

net assets

Total assets minus all liabilities

Similar Companies

acomb specsavers limited

consett specsavers limited

leicester north specsavers limited

2.5

mere green specsavers limited

3.5

golders green visionplus limited

3.5

company number

09039827

Type

Private limited with Share Capital

industry

47782 - Retail sale by opticians

incorporation date

May 2014

ultimate parent company

SPECSAVERS OPTICAL SUPERSTORES LIMITED

previous names

N/A

address

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

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 canvey island specsavers limited.

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 CANVEY ISLAND SPECSAVERS LIMITED. This can take several minutes, an email will notify you when this has completed.

canvey island specsavers limited Company Information

canvey island specsavers limited Estimated Valuation

canvey island specsavers limited Estimated Valuation

canvey island specsavers limited Estimated Valuation

Canvey Island Specsavers Limited Overview

Canvey Island Specsavers Limited Health Check

CANVEY ISLAND SPECSAVERS LIMITED financials

canvey island specsavers limited Credit Report and Business Information

Canvey Island Specsavers Limited Competitor Analysis

canvey island specsavers limited Ownership

canvey island specsavers limited directors

canvey island specsavers limited company details

canvey island specsavers limited Charges & Mortgages

canvey island specsavers limited Capital Raised & Share Issues BETA

canvey island specsavers limited Companies House Filings - See Documents