perfect shine haircare ltd

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perfect shine haircare ltd Company Information

Share PERFECT SHINE HAIRCARE LTD

Company Number

09041089

Shareholders

mehmet ali cetin

lukasz michalski

Group Structure

View All

Industry

Hairdressing and other beauty treatment

 

Registered Address

16 palace gates road, london, N22 7BN

Website

-

perfect shine haircare ltd Estimated Valuation

£21.4k

Pomanda estimates the enterprise value of PERFECT SHINE HAIRCARE LTD at £21.4k based on a Turnover of £37.3k and 0.57x industry multiple (adjusted for size and gross margin).

perfect shine haircare ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of PERFECT SHINE HAIRCARE LTD at £0 based on an EBITDA of £-19.6k and a 3.77x industry multiple (adjusted for size and gross margin).

perfect shine haircare ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of PERFECT SHINE HAIRCARE LTD at £0 based on Net Assets of £-50.8k and 4.37x industry multiple (adjusted for liquidity).

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Perfect Shine Haircare Ltd Overview

Perfect Shine Haircare Ltd is a live company located in london, N22 7BN with a Companies House number of 09041089. It operates in the hairdressing and other beauty treatment sector, SIC Code 96020. Founded in May 2014, it's largest shareholder is mehmet ali cetin with a 95.1% stake. Perfect Shine Haircare Ltd is a established, micro sized company, Pomanda has estimated its turnover at £37.3k with rapid growth in recent years.

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Perfect Shine Haircare Ltd Health Check

Pomanda's financial health check has awarded Perfect Shine Haircare Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £37.3k, make it smaller than the average company (£100.6k)

£37.3k - Perfect Shine Haircare Ltd

£100.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (22.1%)

32% - Perfect Shine Haircare Ltd

22.1% - Industry AVG

production

Production

with a gross margin of 47.9%, this company has a higher cost of product (78.8%)

47.9% - Perfect Shine Haircare Ltd

78.8% - Industry AVG

profitability

Profitability

an operating margin of -52.5% make it less profitable than the average company (5.9%)

-52.5% - Perfect Shine Haircare Ltd

5.9% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (3)

2 - Perfect Shine Haircare Ltd

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £14.7k, the company has an equivalent pay structure (£14.7k)

£14.7k - Perfect Shine Haircare Ltd

£14.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £18.6k, this is less efficient (£43.3k)

£18.6k - Perfect Shine Haircare Ltd

£43.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 48 days, this is later than average (25 days)

48 days - Perfect Shine Haircare Ltd

25 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1047 days, this is slower than average (98 days)

1047 days - Perfect Shine Haircare Ltd

98 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Perfect Shine Haircare Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Perfect Shine Haircare Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 1135.6%, this is a higher level of debt than the average (90.5%)

1135.6% - Perfect Shine Haircare Ltd

90.5% - Industry AVG

PERFECT SHINE HAIRCARE LTD financials

EXPORTms excel logo

Perfect Shine Haircare Ltd's latest turnover from June 2024 is estimated at £37.3 thousand and the company has net assets of -£50.8 thousand. According to their latest financial statements, Perfect Shine Haircare Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016May 2015
Turnover37,269132,77898,44616,34411,662
Other Income Or Grants
Cost Of Sales19,40762,01552,0818,5875,897
Gross Profit17,86270,76346,3657,7575,765
Admin Expenses37,44392,73558,5374,9365,764
Operating Profit-19,581-21,972-12,1722,8211
Interest Payable
Interest Receivable12724926419
Pre-Tax Profit-19,454-21,723-11,9082,8401
Tax-540
Profit After Tax-19,454-21,723-11,9082,3001
Dividends Paid
Retained Profit-19,454-21,723-11,9082,3001
Employee Costs29,38014,90114,47313,62513,026
Number Of Employees21111
EBITDA*-19,581-21,972-12,1722,8211

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016May 2015
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors4,90468,49164,5805,0471
Group Debtors
Misc Debtors8,7157,576
Cash4,8465,12137,0601
misc current assets9,4302,0551,150
total current assets4,90491,48279,33243,25711
total assets4,90491,48279,33243,25711
Bank overdraft
Bank loan
Trade Creditors 55,688120,31248,138
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities1,50039,80140,955
total current liabilities55,688121,81287,93940,955
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities55,688121,81287,93940,955
net assets-50,784-30,330-8,6072,30211
total shareholders funds-50,784-30,330-8,6072,30211
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016May 2015
Operating Activities
Operating Profit-19,581-21,972-12,1722,8211
Depreciation
Amortisation
Tax-540
Stock
Debtors-72,3025,05067,1095,0461
Creditors-64,62472,17448,138
Accruals and Deferred Income-1,500-38,301-1,15440,955
Deferred Taxes & Provisions
Cash flow from operations-13,4036,851-32,29738,190
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-1,0009991-11
interest12724926419
cash flow from financing-8732491,26320-11
cash and cash equivalents
cash-4,846-275-31,93937,060-11
overdraft
change in cash-4,846-275-31,93937,060-11

perfect shine haircare ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Perfect Shine Haircare Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for perfect shine haircare ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in N22 area or any other competitors across 12 key performance metrics.

perfect shine haircare ltd Ownership

PERFECT SHINE HAIRCARE LTD group structure

Perfect Shine Haircare Ltd has no subsidiary companies.

Ultimate parent company

PERFECT SHINE HAIRCARE LTD

09041089

PERFECT SHINE HAIRCARE LTD Shareholders

mehmet ali cetin 95.1%
lukasz michalski 4.9%

perfect shine haircare ltd directors

Perfect Shine Haircare Ltd currently has 2 directors. The longest serving directors include Mr Mehmet Cetin (May 2014) and Mr Lukasz Michalski (Sep 2021).

officercountryagestartendrole
Mr Mehmet CetinUnited Kingdom65 years May 2014- Director
Mr Lukasz MichalskiEngland43 years Sep 2021- Director

P&L

June 2024

turnover

37.3k

-72%

operating profit

-19.6k

0%

gross margin

48%

-10.07%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2024

net assets

-50.8k

+0.67%

total assets

4.9k

-0.95%

cash

0

-1%

net assets

Total assets minus all liabilities

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perfect shine haircare ltd company details

company number

09041089

Type

Private limited with Share Capital

industry

96020 - Hairdressing and other beauty treatment

incorporation date

May 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

June 2024

previous names

N/A

accountant

-

auditor

-

address

16 palace gates road, london, N22 7BN

Bank

-

Legal Advisor

-

perfect shine haircare 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 perfect shine haircare ltd.

perfect shine haircare 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.

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perfect shine haircare ltd Companies House Filings - See Documents

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