canvey island specsavers limitedEstimated Valuation
£555.1k
Pomanda estimates the enterprise value of CANVEY ISLAND SPECSAVERS LIMITED at £555.1k based on a Turnover of £923.7k and 0.6x industry multiple (adjusted for size and gross margin).
canvey island specsavers limitedEstimated Valuation
£153.7k
Pomanda estimates the enterprise value of CANVEY ISLAND SPECSAVERS LIMITED at £153.7k based on an EBITDA of £43.7k and a 3.51x industry multiple (adjusted for size and gross margin).
canvey island specsavers limitedEstimated Valuation
£251.6k
Pomanda estimates the enterprise value of CANVEY ISLAND SPECSAVERS LIMITED at £251.6k based on Net Assets of £88.7k and 2.84x industry multiple (adjusted for liquidity).
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Canvey Island Specsavers LimitedOverview
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
£923.7k with
high
growth in recent years.
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 7 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
2 Regular
7 Weak
Size
annual sales of £923.7k, make it smaller than the average company (£4.1m)
£923.7k - Canvey Island Specsavers Limited
£4.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (12.5%)
16% - Canvey Island Specsavers Limited
12.5% - Industry AVG
Production
with a gross margin of 54.4%, this company has a higher cost of product (68.1%)
54.4% - Canvey Island Specsavers Limited
68.1% - Industry AVG
Profitability
an operating margin of 3.3% make it less profitable than the average company (5.5%)
3.3% - Canvey Island Specsavers Limited
5.5% - Industry AVG
Employees
with 22 employees, this is below the industry average (33)
22 - Canvey Island Specsavers Limited
33 - Industry AVG
Pay Structure
on an average salary of £30.9k, the company has an equivalent pay structure (£30.9k)
£30.9k - Canvey Island Specsavers Limited
£30.9k - Industry AVG
Efficiency
resulting in sales per employee of £42k, this is less efficient (£102k)
£42k - Canvey Island Specsavers Limited
£102k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is near the average (13 days)
12 days - Canvey Island Specsavers Limited
13 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (43 days)
9 days - Canvey Island Specsavers Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 12 days, this is less than average (60 days)
12 days - Canvey Island Specsavers Limited
60 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 49 weeks, this is more cash available to meet short term requirements (12 weeks)
49 weeks - Canvey Island Specsavers Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.9%, this is a higher level of debt than the average (58.8%)
80.9% - Canvey Island Specsavers Limited
58.8% - Industry AVG
CANVEY ISLAND SPECSAVERS LIMITED financials
EXPORT
Canvey Island Specsavers Limited's latest turnover from February 2024 is estimated at £923.7 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
923,673
617,889
478,354
591,527
951,461
739,548
701,339
688,473
757,452
1,306,815
Other Income Or Grants
Cost Of Sales
421,115
212,140
195,031
464,125
710,253
547,561
419,266
333,635
241,681
555,904
Gross Profit
502,558
405,749
283,324
127,401
241,208
191,988
282,073
354,839
515,772
750,910
Admin Expenses
472,397
415,623
274,336
125,721
242,669
157,487
267,709
370,284
402,810
793,227
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
6,447
6,705
Interest Receivable
11,863
5,491
745
130
778
484
275
183
224
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
-1,254
-6,647
-2,782
-21,296
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
Retained Profit
30,925
-5,264
5,346
-1,834
-1,915
28,338
11,858
-21,709
85,185
-42,317
Employee Costs
680,651
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
Investments & Other
Debtors (Due After 1 year)
9,445
13,778
15,808
10,552
9,624
8,383
5,675
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
Misc Debtors
10,145
15,143
14,273
4,813
16,458
2,774
2,452
4,849
3,065
Cash
346,442
105,495
169,044
128,978
131,994
75,394
53,662
56,404
89,633
misc current assets
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
Bank loan
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
other short term finances
55,545
191,468
hp & lease commitments
other current liabilities
71,770
53,728
68,778
78,693
70,876
58,848
46,000
37,144
40,635
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
14,825
hp & lease commitments
Accruals and Deferred Income
other liabilities
1,698
4,898
55,666
provisions
229
1,520
total long term liabilities
9,856
4,199
13,411
27,439
36,509
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
Tax
-10,308
-1,254
-6,647
-2,782
-21,296
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
Deferred Taxes & Provisions
-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
-38,690
-28,951
-8,328
-8,900
-70,423
-211,068
Change in Investments
cash flow from investments
-16,501
-4,991
-38,690
-28,951
-8,328
-8,900
-70,423
-211,068
Financing Activities
Bank loans
Group/Directors Accounts
178,264
-33,826
86,455
-65,082
17,351
-54,392
-64,606
143,014
75,314
Other Short Term Loans
-55,545
55,545
-191,468
191,468
Long term loans
5,657
-9,212
-14,028
-9,070
36,509
-14,825
14,825
Hire Purchase and Lease Commitments
other long term liabilities
-1,698
-3,200
4,898
-55,666
55,666
share issue
121
interest
11,072
4,610
-2,388
-3,515
-454
484
275
-6,264
-6,481
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
overdraft
change in cash
240,947
-63,549
40,066
-3,016
56,600
21,732
-2,742
-33,229
89,633
canvey island specsavers limited Credit Report and Business Information
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.
Canvey Island Specsavers Limited Competitor Analysis
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 Ownership
CANVEY ISLAND SPECSAVERS LIMITED group structure
Canvey Island Specsavers Limited has no subsidiary companies.
The largest shareholders in Canvey Island Specsavers Limited include Specsavers Uk Holdings Limited and Mario Savva.
specsavers uk holdings limited
57.68%
mario savva
14.94%
alan mclean
14.94%
lee hansford
12.45%
canvey island specsavers limited directors
Canvey Island Specsavers Limited currently has 5 directors.
The longest serving directors include
Mrs Mary Perkins (May 2014) and
Mr Lee Hansford (Oct 2014).
forum 6, parkway, solent business park, fareham, PO15 7PA
Bank
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Legal Advisor
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canvey island specsavers 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 canvey island specsavers limited.
canvey island specsavers 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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canvey island specsavers limitedCompanies House Filings - See Documents
