panache medi spa limited
panache medi spa limited Company Information
Company Number
09046594
Website
www.panachemedispa.comRegistered Address
32 green lane, northwood, HA6 2QB
Industry
Hairdressing and other beauty treatment
Telephone
01923833600
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
kalpana ipatel 100%
panache medi spa limited Estimated Valuation
Pomanda estimates the enterprise value of PANACHE MEDI SPA LIMITED at £198.7k based on a Turnover of £293.7k and 0.68x industry multiple (adjusted for size and gross margin).
panache medi spa limited Estimated Valuation
Pomanda estimates the enterprise value of PANACHE MEDI SPA LIMITED at £64.6k based on an EBITDA of £17.6k and a 3.68x industry multiple (adjusted for size and gross margin).
panache medi spa limited Estimated Valuation
Pomanda estimates the enterprise value of PANACHE MEDI SPA LIMITED at £8k based on Net Assets of £1.6k and 4.9x industry multiple (adjusted for liquidity).
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Panache Medi Spa Limited Overview
Panache Medi Spa Limited is a live company located in northwood, HA6 2QB with a Companies House number of 09046594. It operates in the hairdressing and other beauty treatment sector, SIC Code 96020. Founded in May 2014, it's largest shareholder is kalpana ipatel with a 100% stake. Panache Medi Spa Limited is a established, micro sized company, Pomanda has estimated its turnover at £293.7k with declining growth in recent years.
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Panache Medi Spa Limited Health Check
Pomanda's financial health check has awarded Panache Medi Spa Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £293.7k, make it larger than the average company (£92.9k)
- Panache Medi Spa Limited
£92.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (1.4%)
- Panache Medi Spa Limited
1.4% - Industry AVG
Production
with a gross margin of 53.3%, this company has a higher cost of product (75.4%)
- Panache Medi Spa Limited
75.4% - Industry AVG
Profitability
an operating margin of 6% make it as profitable than the average company (6.6%)
- Panache Medi Spa Limited
6.6% - Industry AVG
Employees
with 5 employees, this is above the industry average (3)
5 - Panache Medi Spa Limited
3 - Industry AVG
Pay Structure
on an average salary of £14k, the company has an equivalent pay structure (£14k)
- Panache Medi Spa Limited
£14k - Industry AVG
Efficiency
resulting in sales per employee of £58.7k, this is more efficient (£34k)
- Panache Medi Spa Limited
£34k - Industry AVG
Debtor Days
it gets paid by customers after 172 days, this is later than average (35 days)
- Panache Medi Spa Limited
35 days - Industry AVG
Creditor Days
its suppliers are paid after 360 days, this is slower than average (98 days)
- Panache Medi Spa Limited
98 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Panache Medi Spa Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Panache Medi Spa Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99%, this is a similar level of debt than the average (95%)
99% - Panache Medi Spa Limited
95% - Industry AVG
PANACHE MEDI SPA LIMITED financials
Panache Medi Spa Limited's latest turnover from February 2023 is estimated at £293.7 thousand and the company has net assets of £1.6 thousand. According to their latest financial statements, Panache Medi Spa Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 31,293 | 34,174 | 24,904 | 19,846 | 22,701 | 42,023 | 61,345 | 77,186 | 0 |
| 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 | 31,293 | 34,174 | 24,904 | 19,846 | 22,701 | 42,023 | 61,345 | 77,186 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 21,874 | 21,216 | 12,159 | 10,248 | 0 |
| Trade Debtors | 138,670 | 157,298 | 154,662 | 141,619 | 56,688 | 16,791 | 6,661 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 8,000 | 8,000 | 9,727 | 16,000 | 0 |
| Cash | 0 | 0 | 0 | 0 | 57,066 | 14,436 | 28,228 | 14,049 | 100 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 138,670 | 157,298 | 154,662 | 141,619 | 143,628 | 60,443 | 56,775 | 40,297 | 100 |
| total assets | 169,963 | 191,472 | 179,566 | 161,465 | 166,329 | 102,466 | 118,120 | 117,483 | 100 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 135,302 | 161,201 | 157,049 | 192,482 | 0 | 0 | 0 | 0 | 0 |
| 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 | 227,474 | 176,799 | 164,355 | 169,568 | 0 |
| total current liabilities | 135,302 | 161,201 | 157,049 | 192,482 | 227,474 | 176,799 | 164,355 | 169,568 | 0 |
| 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 | 33,029 | 42,856 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 33,029 | 42,856 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 168,331 | 204,057 | 207,049 | 192,482 | 227,474 | 176,799 | 164,355 | 169,568 | 0 |
| net assets | 1,632 | -12,585 | -27,483 | -31,017 | -61,145 | -74,333 | -46,235 | -52,085 | 100 |
| total shareholders funds | 1,632 | -12,585 | -27,483 | -31,017 | -61,145 | -74,333 | -46,235 | -52,085 | 100 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 19,322 | 19,322 | 19,322 | 0 | |||||
| Amortisation | 0 | 0 | 0 | 0 | |||||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | -21,874 | 658 | 9,057 | 1,911 | 10,248 | 0 |
| Debtors | -18,628 | 2,636 | 13,043 | 76,931 | 39,897 | 8,403 | 388 | 16,000 | 0 |
| Creditors | -25,899 | 4,152 | -35,433 | 192,482 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | -227,474 | 50,675 | 12,444 | -5,213 | 169,568 | 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 | -9,827 | -7,144 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | -57,066 | 42,630 | -13,792 | 14,179 | 13,949 | 100 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -57,066 | 42,630 | -13,792 | 14,179 | 13,949 | 100 |
panache medi spa limited Credit Report and Business Information
Panache Medi Spa Limited Competitor Analysis
Perform a competitor analysis for panache medi spa limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in HA6 area or any other competitors across 12 key performance metrics.
panache medi spa limited Ownership
PANACHE MEDI SPA LIMITED group structure
Panache Medi Spa Limited has no subsidiary companies.
Ultimate parent company
PANACHE MEDI SPA LIMITED
09046594
panache medi spa limited directors
Panache Medi Spa Limited currently has 3 directors. The longest serving directors include Mrs Kalpana Patel (May 2014) and Mr Bhavesh Patel (Mar 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Kalpana Patel | England | 50 years | May 2014 | - | Director |
| Mr Bhavesh Patel | England | 53 years | Mar 2015 | - | Director |
| Mrs Bhamini Patel | England | 49 years | Feb 2017 | - | Director |
P&L
February 2023turnover
293.7k
+63%
operating profit
17.6k
0%
gross margin
53.4%
+14.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
1.6k
-1.13%
total assets
170k
-0.11%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
panache medi spa limited company details
company number
09046594
Type
Private limited with Share Capital
industry
96020 - Hairdressing and other beauty treatment
incorporation date
May 2014
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2023
previous names
N/A
accountant
-
auditor
-
address
32 green lane, northwood, HA6 2QB
Bank
-
Legal Advisor
-
panache medi spa 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 panache medi spa limited.
panache medi spa limited Companies House Filings - See Documents
| date | description | view/download |
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