glasgow domiciliary specsavers limited
glasgow domiciliary specsavers limited Company Information
Company Number
09889316
Website
specsavers.co.ukRegistered Address
forum 6 parkway, solent business park, fareham, PO15 7PA
Industry
Retail sale by opticians
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
specsavers uk holdings limited 80.1%
karen craig 19.9%
glasgow domiciliary specsavers limited Estimated Valuation
Pomanda estimates the enterprise value of GLASGOW DOMICILIARY SPECSAVERS LIMITED at £212.3k based on a Turnover of £430.6k and 0.49x industry multiple (adjusted for size and gross margin).
glasgow domiciliary specsavers limited Estimated Valuation
Pomanda estimates the enterprise value of GLASGOW DOMICILIARY SPECSAVERS LIMITED at £7.9k based on an EBITDA of £2.2k and a 3.58x industry multiple (adjusted for size and gross margin).
glasgow domiciliary specsavers limited Estimated Valuation
Pomanda estimates the enterprise value of GLASGOW DOMICILIARY SPECSAVERS LIMITED at £725.2k based on Net Assets of £225.1k and 3.22x industry multiple (adjusted for liquidity).
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Glasgow Domiciliary Specsavers Limited Overview
Glasgow Domiciliary Specsavers Limited is a live company located in fareham, PO15 7PA with a Companies House number of 09889316. It operates in the retail sale by opticians sector, SIC Code 47782. Founded in November 2015, it's largest shareholder is specsavers uk holdings limited with a 80.1% stake. Glasgow Domiciliary Specsavers Limited is a young, micro sized company, Pomanda has estimated its turnover at £430.6k with declining growth in recent years.
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Glasgow Domiciliary Specsavers Limited Health Check
Pomanda's financial health check has awarded Glasgow Domiciliary Specsavers Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
6 Weak
Size
annual sales of £430.6k, make it smaller than the average company (£777.2k)
- Glasgow Domiciliary Specsavers Limited
£777.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -26%, show it is growing at a slower rate (6.5%)
- Glasgow Domiciliary Specsavers Limited
6.5% - Industry AVG
Production
with a gross margin of 63.6%, this company has a comparable cost of product (69.3%)
- Glasgow Domiciliary Specsavers Limited
69.3% - Industry AVG
Profitability
an operating margin of -8.7% make it less profitable than the average company (9.9%)
- Glasgow Domiciliary Specsavers Limited
9.9% - Industry AVG
Employees
with 13 employees, this is similar to the industry average (11)
13 - Glasgow Domiciliary Specsavers Limited
11 - Industry AVG
Pay Structure
on an average salary of £30.7k, the company has an equivalent pay structure (£30.7k)
- Glasgow Domiciliary Specsavers Limited
£30.7k - Industry AVG
Efficiency
resulting in sales per employee of £33.1k, this is less efficient (£85.5k)
- Glasgow Domiciliary Specsavers Limited
£85.5k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is later than average (13 days)
- Glasgow Domiciliary Specsavers Limited
13 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is quicker than average (50 days)
- Glasgow Domiciliary Specsavers Limited
50 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (51 days)
- Glasgow Domiciliary Specsavers Limited
51 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 97 weeks, this is more cash available to meet short term requirements (14 weeks)
97 weeks - Glasgow Domiciliary Specsavers Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40%, this is a lower level of debt than the average (65%)
40% - Glasgow Domiciliary Specsavers Limited
65% - Industry AVG
GLASGOW DOMICILIARY SPECSAVERS LIMITED financials
Glasgow Domiciliary Specsavers Limited's latest turnover from February 2023 is estimated at £430.6 thousand and the company has net assets of £225.1 thousand. According to their latest financial statements, Glasgow Domiciliary Specsavers Limited has 13 employees and maintains cash reserves of £195.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Nov 2016 | |
|---|---|---|---|---|---|---|---|
| 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 | 13 | 9 | 8 | 7 | 6 | 8 | 12 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Nov 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 92,920 | 25,000 | 37,219 | 54,399 | 3,773 | 9,005 | 15,546 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 4,783 | 1,749 | 867 | 1,101 | 574 | 0 |
| Total Fixed Assets | 92,920 | 29,783 | 38,968 | 55,266 | 4,874 | 9,579 | 15,546 |
| Stock & work in progress | 1,724 | 863 | 772 | 2,362 | 1,554 | 836 | 1,511 |
| Trade Debtors | 52,393 | 82,326 | 5,395 | 87,587 | 23,791 | 33,102 | 41,448 |
| Group Debtors | 585 | 0 | 40 | 70 | 0 | 0 | 0 |
| Misc Debtors | 32,586 | 8,034 | 1,981 | 1,687 | 2,421 | 3,539 | 2,480 |
| Cash | 195,127 | 234,686 | 215,090 | 43,673 | 28,141 | 22,482 | 4,656 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 282,415 | 325,909 | 223,278 | 135,379 | 55,907 | 59,959 | 50,095 |
| total assets | 375,335 | 355,692 | 262,246 | 190,645 | 60,781 | 69,538 | 65,641 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 13,259 | 10,732 | 3,121 | 3,675 | 1,752 | 421 | 148 |
| Group/Directors Accounts | 39,089 | 40,354 | 16,098 | 21,734 | 35,943 | 49,831 | 23,226 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 42,036 |
| hp & lease commitments | 11,623 | 10,416 | 10,416 | 10,416 | 0 | 0 | 0 |
| other current liabilities | 39,920 | 31,979 | 47,539 | 47,958 | 22,784 | 21,259 | 27,588 |
| total current liabilities | 103,891 | 93,481 | 77,174 | 83,783 | 60,479 | 71,511 | 92,998 |
| loans | 17,420 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 25,993 | 7,336 | 17,752 | 25,795 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 2,965 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 46,378 | 7,336 | 17,752 | 25,795 | 0 | 0 | 0 |
| total liabilities | 150,269 | 100,817 | 94,926 | 109,578 | 60,479 | 71,511 | 92,998 |
| net assets | 225,066 | 254,875 | 167,320 | 81,067 | 302 | -1,973 | -27,357 |
| total shareholders funds | 225,066 | 254,875 | 167,320 | 81,067 | 302 | -1,973 | -27,357 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Nov 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 39,747 | 17,179 | 17,180 | 25,789 | 5,232 | 6,541 | 3,581 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 861 | 91 | -1,590 | 808 | 718 | 836 | 1,511 |
| Debtors | -9,579 | 85,978 | -81,046 | 62,898 | -9,902 | 37,215 | 43,928 |
| Creditors | 2,527 | 7,611 | -554 | 1,923 | 1,331 | 421 | 148 |
| Accruals and Deferred Income | 7,941 | -15,560 | -419 | 25,174 | 1,525 | 21,259 | 27,588 |
| Deferred Taxes & Provisions | 2,965 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -1,265 | 24,256 | -5,636 | -14,209 | -13,888 | 49,831 | 23,226 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 42,036 |
| Long term loans | 17,420 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 19,864 | -10,416 | -8,043 | 36,211 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -39,559 | 19,596 | 171,417 | 15,532 | 5,659 | 22,482 | 4,656 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -39,559 | 19,596 | 171,417 | 15,532 | 5,659 | 22,482 | 4,656 |
glasgow domiciliary specsavers limited Credit Report and Business Information
Glasgow Domiciliary Specsavers Limited Competitor Analysis
Perform a competitor analysis for glasgow domiciliary specsavers limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in PO15 area or any other competitors across 12 key performance metrics.
glasgow domiciliary specsavers limited Ownership
GLASGOW DOMICILIARY SPECSAVERS LIMITED group structure
Glasgow Domiciliary Specsavers Limited has no subsidiary companies.
Ultimate parent company
2 parents
GLASGOW DOMICILIARY SPECSAVERS LIMITED
09889316
glasgow domiciliary specsavers limited directors
Glasgow Domiciliary Specsavers Limited currently has 4 directors. The longest serving directors include Mrs Mary Perkins (Nov 2015) and Ms Karen Craig (Jun 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Mary Perkins | Guernsey | 80 years | Nov 2015 | - | Director |
| Ms Karen Craig | Scotland | 61 years | Jun 2016 | - | Director |
| Mr Douglas Perkins | Guernsey | 81 years | Sep 2022 | - | Director |
| Ms Hannah Dunn | Scotland | 29 years | Sep 2024 | - | Director |
P&L
February 2023turnover
430.6k
+17%
operating profit
-37.5k
0%
gross margin
63.7%
+20.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
225.1k
-0.12%
total assets
375.3k
+0.06%
cash
195.1k
-0.17%
net assets
Total assets minus all liabilities
glasgow domiciliary specsavers limited company details
company number
09889316
Type
Private limited with Share Capital
industry
47782 - Retail sale by opticians
incorporation date
November 2015
age
9
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
February 2023
previous names
N/A
accountant
-
auditor
-
address
forum 6 parkway, solent business park, fareham, PO15 7PA
Bank
-
Legal Advisor
-
glasgow domiciliary 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 glasgow domiciliary specsavers limited.
glasgow domiciliary specsavers limited Companies House Filings - See Documents
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