represent clothing limited Company Information
Company Number
09221485
Website
-Registered Address
unit 1 northgate close, horwich, bolton, england, BL6 6PQ
Industry
Retail sale of clothing in specialised stores
Telephone
01204468657
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
michael heaton 49.5%
george heaton 49.5%
View Allrepresent clothing limited Estimated Valuation
Pomanda estimates the enterprise value of REPRESENT CLOTHING LIMITED at £45.3m based on a Turnover of £48.4m and 0.94x industry multiple (adjusted for size and gross margin).
represent clothing limited Estimated Valuation
Pomanda estimates the enterprise value of REPRESENT CLOTHING LIMITED at £80.5m based on an EBITDA of £9.1m and a 8.84x industry multiple (adjusted for size and gross margin).
represent clothing limited Estimated Valuation
Pomanda estimates the enterprise value of REPRESENT CLOTHING LIMITED at £35.6m based on Net Assets of £12.7m and 2.81x industry multiple (adjusted for liquidity).
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Represent Clothing Limited Overview
Represent Clothing Limited is a live company located in bolton, BL6 6PQ with a Companies House number of 09221485. It operates in the retail sale of clothing in specialised stores sector, SIC Code 47710. Founded in September 2014, it's largest shareholder is michael heaton with a 49.5% stake. Represent Clothing Limited is a established, large sized company, Pomanda has estimated its turnover at £48.4m with rapid growth in recent years.
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Represent Clothing Limited Health Check
Pomanda's financial health check has awarded Represent Clothing Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs
8 Strong
1 Regular
3 Weak
Size
annual sales of £48.4m, make it larger than the average company (£8.4m)
£48.4m - Represent Clothing Limited
£8.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 121%, show it is growing at a faster rate (1.6%)
- Represent Clothing Limited
1.6% - Industry AVG
Production
with a gross margin of 56.9%, this company has a comparable cost of product (50.8%)
56.9% - Represent Clothing Limited
50.8% - Industry AVG
Profitability
an operating margin of 18.6% make it more profitable than the average company (4.5%)
18.6% - Represent Clothing Limited
4.5% - Industry AVG
Employees
with 38 employees, this is below the industry average (58)
38 - Represent Clothing Limited
58 - Industry AVG
Pay Structure
on an average salary of £69.3k, the company has a higher pay structure (£26.8k)
£69.3k - Represent Clothing Limited
£26.8k - Industry AVG
Efficiency
resulting in sales per employee of £1.3m, this is more efficient (£143k)
£1.3m - Represent Clothing Limited
£143k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (14 days)
9 days - Represent Clothing Limited
14 days - Industry AVG
Creditor Days
its suppliers are paid after 126 days, this is slower than average (40 days)
126 days - Represent Clothing Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 171 days, this is more than average (141 days)
171 days - Represent Clothing Limited
141 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 47 weeks, this is more cash available to meet short term requirements (14 weeks)
47 weeks - Represent Clothing Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 55.3%, this is a lower level of debt than the average (76.6%)
55.3% - Represent Clothing Limited
76.6% - Industry AVG
represent clothing limited Credit Report and Business Information
Represent Clothing Limited Competitor Analysis
Perform a competitor analysis for represent clothing limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
represent clothing limited Ownership
REPRESENT CLOTHING LIMITED group structure
Represent Clothing Limited has no subsidiary companies.
Ultimate parent company
REPRESENT CLOTHING LIMITED
09221485
represent clothing limited directors
Represent Clothing Limited currently has 3 directors. The longest serving directors include Mr George Heaton (Sep 2014) and Mr Michael Heaton (Sep 2014).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr George Heaton | England | 30 years | Sep 2014 | - | Director |
Mr Michael Heaton | England | 33 years | Sep 2014 | - | Director |
Mr Paul Spencer | England | 49 years | Aug 2022 | - | Director |
REPRESENT CLOTHING LIMITED financials
Represent Clothing Limited's latest turnover from December 2022 is £48.4 million and the company has net assets of £12.7 million. According to their latest financial statements, Represent Clothing Limited has 38 employees and maintains cash reserves of £14.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2022 | Dec 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
---|---|---|---|---|---|---|---|---|
Turnover | 48,408,829 | 33,221,259 | ||||||
Other Income Or Grants | 0 | 0 | ||||||
Cost Of Sales | 20,856,276 | 16,469,012 | ||||||
Gross Profit | 27,552,553 | 16,752,247 | ||||||
Admin Expenses | 18,527,213 | 12,699,010 | ||||||
Operating Profit | 9,025,340 | 4,053,237 | ||||||
Interest Payable | 0 | 0 | ||||||
Interest Receivable | 0 | 0 | ||||||
Pre-Tax Profit | 9,025,340 | 4,053,237 | ||||||
Tax | -1,714,005 | -490,393 | ||||||
Profit After Tax | 7,311,335 | 3,562,844 | ||||||
Dividends Paid | 0 | 0 | ||||||
Retained Profit | 7,311,335 | 3,562,844 | ||||||
Employee Costs | 2,633,097 | 1,501,669 | ||||||
Number Of Employees | 38 | 20 | 17 | 16 | 12 | 9 | 8 | |
EBITDA* | 9,114,745 | 4,092,588 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Dec 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
---|---|---|---|---|---|---|---|---|
Tangible Assets | 284,858 | 236,877 | 188,755 | 63,858 | 109,157 | 54,232 | 29,313 | 19,401 |
Intangible Assets | 1,496,567 | 0 | 0 | 0 | 0 | 0 | 0 | 200,000 |
Investments & Other | 8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 1,781,433 | 236,877 | 188,755 | 63,858 | 109,157 | 54,232 | 29,313 | 219,401 |
Stock & work in progress | 9,823,031 | 5,091,050 | 1,883,406 | 988,367 | 1,045,703 | 950,000 | 374,000 | 224,445 |
Trade Debtors | 1,242,614 | 784,617 | 145,953 | 618,298 | 388,011 | 666,306 | 212,449 | 121,060 |
Group Debtors | 644,352 | 342,558 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 638,736 | 10,724 | 66,964 | 85,446 | 302,814 | 71,168 | 122,200 | 0 |
Cash | 14,243,284 | 4,421,545 | 2,816,468 | 814,390 | 1,267,101 | 1,937,224 | 1,496,443 | 387,549 |
misc current assets | 0 | 581,248 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 26,592,017 | 11,231,742 | 4,912,791 | 2,506,501 | 3,003,629 | 3,624,698 | 2,205,092 | 733,054 |
total assets | 28,373,450 | 11,468,619 | 5,101,546 | 2,570,359 | 3,112,786 | 3,678,930 | 2,234,405 | 952,455 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 7,232,690 | 2,605,422 | 550,489 | 157,071 | 417,387 | 374,167 | 153,934 | 625,403 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 8,320,297 | 1,733,552 | 924,809 | 328,200 | 396,163 | 649,353 | 619,521 | 0 |
total current liabilities | 15,552,987 | 4,338,974 | 1,475,298 | 485,271 | 813,550 | 1,023,520 | 773,455 | 625,403 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 66,567 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 58,165 | 49,526 | 32,973 | 8,925 | 12,515 | 6,677 | 4,787 | 2,568 |
total long term liabilities | 124,732 | 49,526 | 32,973 | 8,925 | 12,515 | 6,677 | 4,787 | 2,568 |
total liabilities | 15,677,719 | 4,388,500 | 1,508,271 | 494,196 | 826,065 | 1,030,197 | 778,242 | 627,971 |
net assets | 12,695,731 | 7,080,119 | 3,593,275 | 2,076,163 | 2,286,721 | 2,648,733 | 1,456,163 | 324,484 |
total shareholders funds | 12,695,731 | 7,080,119 | 3,593,275 | 2,076,163 | 2,286,721 | 2,648,733 | 1,456,163 | 324,484 |
Dec 2022 | Dec 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||
Operating Profit | 9,025,340 | 4,053,237 | ||||||
Depreciation | 42,822 | 39,351 | 16,784 | 22,480 | 21,921 | 7,116 | 6,848 | 5,021 |
Amortisation | 46,583 | 0 | 0 | 0 | 0 | 0 | 200,000 | 100,000 |
Tax | -1,714,005 | -490,393 | ||||||
Stock | 4,731,981 | 3,207,644 | 895,039 | -57,336 | 95,703 | 576,000 | 149,555 | 224,445 |
Debtors | 1,387,803 | 924,982 | -490,827 | 12,919 | -46,649 | 402,825 | 213,589 | 121,060 |
Creditors | 4,627,268 | 2,054,933 | 393,418 | -260,316 | 43,220 | 220,233 | -471,469 | 625,403 |
Accruals and Deferred Income | 6,586,745 | 808,743 | 596,609 | -67,963 | -253,190 | 29,832 | 619,521 | 0 |
Deferred Taxes & Provisions | 8,639 | 16,553 | 24,048 | -3,590 | 5,838 | 1,890 | 2,219 | 2,568 |
Cash flow from operations | 12,503,608 | 2,349,798 | ||||||
Investing Activities | ||||||||
capital expenditure | 0 | 0 | ||||||
Change in Investments | 8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | -8 | 0 | ||||||
Financing Activities | ||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 66,567 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||
interest | 0 | 0 | ||||||
cash flow from financing | -1,629,156 | -76,000 | ||||||
cash and cash equivalents | ||||||||
cash | 9,821,739 | 1,605,077 | 2,002,078 | -452,711 | -670,123 | 440,781 | 1,108,894 | 387,549 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 9,821,739 | 1,605,077 | 2,002,078 | -452,711 | -670,123 | 440,781 | 1,108,894 | 387,549 |
P&L
December 2022turnover
48.4m
+46%
operating profit
9m
+123%
gross margin
57%
+12.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
12.7m
+0.79%
total assets
28.4m
+1.47%
cash
14.2m
+2.22%
net assets
Total assets minus all liabilities
represent clothing limited company details
company number
09221485
Type
Private limited with Share Capital
industry
47710 - Retail sale of clothing in specialised stores
incorporation date
September 2014
age
10
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
unit 1 northgate close, horwich, bolton, england, BL6 6PQ
last accounts submitted
December 2022
represent clothing 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 represent clothing limited.
represent clothing limited Companies House Filings - See Documents
date | description | view/download |
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