luxe montres limited

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luxe montres limited Company Information

Share LUXE MONTRES LIMITED

Company Number

09837020

Shareholders

rekha choraria

Group Structure

View All

Industry

Retail sale of watches and jewellery in specialised stores

 

Registered Address

flat 7- crown court, 123 park road, london, NW8 7JH

Website

-

luxe montres limited Estimated Valuation

£384.8k

Pomanda estimates the enterprise value of LUXE MONTRES LIMITED at £384.8k based on a Turnover of £1m and 0.37x industry multiple (adjusted for size and gross margin).

luxe montres limited Estimated Valuation

£32.7k

Pomanda estimates the enterprise value of LUXE MONTRES LIMITED at £32.7k based on an EBITDA of £10.8k and a 3.02x industry multiple (adjusted for size and gross margin).

luxe montres limited Estimated Valuation

£46.4k

Pomanda estimates the enterprise value of LUXE MONTRES LIMITED at £46.4k based on Net Assets of £18.1k and 2.57x industry multiple (adjusted for liquidity).

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Luxe Montres Limited Overview

Luxe Montres Limited is a live company located in london, NW8 7JH with a Companies House number of 09837020. It operates in the retail sale of watches and jewellery in specialised stores sector, SIC Code 47770. Founded in October 2015, it's largest shareholder is rekha choraria with a 100% stake. Luxe Montres Limited is a established, small sized company, Pomanda has estimated its turnover at £1m with rapid growth in recent years.

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Luxe Montres Limited Health Check

Pomanda's financial health check has awarded Luxe Montres Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £1m, make it smaller than the average company (£11.5m)

£1m - Luxe Montres Limited

£11.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 70%, show it is growing at a faster rate (11.6%)

70% - Luxe Montres Limited

11.6% - Industry AVG

production

Production

with a gross margin of 29.2%, this company has a comparable cost of product (35.8%)

29.2% - Luxe Montres Limited

35.8% - Industry AVG

profitability

Profitability

an operating margin of 1% make it less profitable than the average company (7.9%)

1% - Luxe Montres Limited

7.9% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (26)

1 - Luxe Montres Limited

26 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.8k, the company has an equivalent pay structure (£33.8k)

£33.8k - Luxe Montres Limited

£33.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1m, this is more efficient (£208.4k)

£1m - Luxe Montres Limited

£208.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 128 days, this is later than average (15 days)

128 days - Luxe Montres Limited

15 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 216 days, this is slower than average (36 days)

216 days - Luxe Montres Limited

36 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 33 days, this is less than average (181 days)

33 days - Luxe Montres Limited

181 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (19 weeks)

2 weeks - Luxe Montres Limited

19 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 96.1%, this is a higher level of debt than the average (50.8%)

96.1% - Luxe Montres Limited

50.8% - Industry AVG

LUXE MONTRES LIMITED financials

EXPORTms excel logo

Luxe Montres Limited's latest turnover from October 2023 is estimated at £1 million and the company has net assets of £18.1 thousand. According to their latest financial statements, Luxe Montres Limited has 1 employee and maintains cash reserves of £22.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2018Oct 2017Oct 2016
Turnover1,043,762805,805251,143212,800251,163179,276
Other Income Or Grants
Cost Of Sales739,515631,534200,357164,178175,544127,742
Gross Profit304,248174,27150,78548,62275,61851,534
Admin Expenses293,440208,21945,0161,69916,576-21,412
Operating Profit10,808-33,9485,76946,92359,04272,946
Interest Payable
Interest Receivable1,192254
Pre-Tax Profit12,000-33,6945,76946,92359,04272,946
Tax-3,000-1,096-8,915-11,218-13,860
Profit After Tax9,000-33,6944,67338,00847,82459,086
Dividends Paid
Retained Profit9,000-33,6944,67338,00847,82459,086
Employee Costs33,84031,12325,71125,20623,97921,482
Number Of Employees111111
EBITDA*10,808-33,9485,76946,92359,04272,946

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2018Oct 2017Oct 2016
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress68,50065,500
Trade Debtors366,335360,335110,753116,084118,80876,984
Group Debtors
Misc Debtors
Cash22,85422,554
misc current assets
total current assets457,689448,389110,753116,084118,80876,984
total assets457,689448,389110,753116,084118,80876,984
Bank overdraft
Bank loan
Trade Creditors 439,602439,30268,07278,07611,89817,898
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities439,602439,30268,07278,07611,89817,898
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities439,602439,30268,07278,07611,89817,898
net assets18,0879,08742,68138,008106,91059,086
total shareholders funds18,0879,08742,68138,008106,91059,086
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2018Oct 2017Oct 2016
Operating Activities
Operating Profit10,808-33,9485,76946,92359,04272,946
Depreciation
Amortisation
Tax-3,000-1,096-8,915-11,218-13,860
Stock3,00065,500
Debtors6,000249,582-5,331116,08441,82476,984
Creditors300371,230-10,00478,076-6,00017,898
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-89222,200
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 issue100
interest1,192254
cash flow from financing1,192354
cash and cash equivalents
cash30022,554
overdraft
change in cash30022,554

luxe montres limited 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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Luxe Montres Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for luxe montres 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 NW8 area or any other competitors across 12 key performance metrics.

luxe montres limited Ownership

LUXE MONTRES LIMITED group structure

Luxe Montres Limited has no subsidiary companies.

Ultimate parent company

LUXE MONTRES LIMITED

09837020

LUXE MONTRES LIMITED Shareholders

rekha choraria 100%

luxe montres limited directors

Luxe Montres Limited currently has 1 director, Mrs Rekha Choraria serving since Oct 2019.

officercountryagestartendrole
Mrs Rekha ChorariaUnited Kingdom62 years Oct 2019- Director

P&L

October 2023

turnover

1m

+30%

operating profit

10.8k

0%

gross margin

29.2%

+34.78%

turnover

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

Balance Sheet

October 2023

net assets

18.1k

+0.99%

total assets

457.7k

+0.02%

cash

22.9k

+0.01%

net assets

Total assets minus all liabilities

luxe montres limited company details

company number

09837020

Type

Private limited with Share Capital

industry

47770 - Retail sale of watches and jewellery in specialised stores

incorporation date

October 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

October 2023

previous names

N/A

accountant

-

auditor

-

address

flat 7- crown court, 123 park road, london, NW8 7JH

Bank

-

Legal Advisor

-

luxe montres 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 luxe montres limited.

luxe montres 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.

Click to start generating capital raising & share issue transactions for LUXE MONTRES LIMITED. This can take several minutes, an email will notify you when this has completed.

luxe montres limited Companies House Filings - See Documents

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