stanmore specsavers limited

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stanmore specsavers limited Company Information

Share STANMORE SPECSAVERS LIMITED

Company Number

10167083

Directors

Mary Perkins

Poonam Patel

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Shareholders

specsavers uk holdings limited

ushna shah

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Group Structure

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Industry

Retail sale by opticians

 

Registered Address

forum 6 parkway, whiteley, fareham, hampshire, PO15 7PA

stanmore specsavers limited Estimated Valuation

£240.6k

Pomanda estimates the enterprise value of STANMORE SPECSAVERS LIMITED at £240.6k based on a Turnover of £408k and 0.59x industry multiple (adjusted for size and gross margin).

stanmore specsavers limited Estimated Valuation

£149k

Pomanda estimates the enterprise value of STANMORE SPECSAVERS LIMITED at £149k based on an EBITDA of £43.1k and a 3.46x industry multiple (adjusted for size and gross margin).

stanmore specsavers limited Estimated Valuation

£114.9k

Pomanda estimates the enterprise value of STANMORE SPECSAVERS LIMITED at £114.9k based on Net Assets of £40.3k and 2.85x industry multiple (adjusted for liquidity).

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Stanmore Specsavers Limited Overview

Stanmore Specsavers Limited is a live company located in fareham, PO15 7PA with a Companies House number of 10167083. It operates in the retail sale by opticians sector, SIC Code 47782. Founded in May 2016, it's largest shareholder is specsavers uk holdings limited with a 50.2% stake. Stanmore Specsavers Limited is a young, micro sized company, Pomanda has estimated its turnover at £408k with high growth in recent years.

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Stanmore Specsavers Limited Health Check

Pomanda's financial health check has awarded Stanmore Specsavers Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £408k, make it smaller than the average company (£4.1m)

£408k - Stanmore Specsavers Limited

£4.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (12.5%)

16% - Stanmore Specsavers Limited

12.5% - Industry AVG

production

Production

with a gross margin of 54.4%, this company has a higher cost of product (68.1%)

54.4% - Stanmore Specsavers Limited

68.1% - Industry AVG

profitability

Profitability

an operating margin of 3.2% make it less profitable than the average company (5.5%)

3.2% - Stanmore Specsavers Limited

5.5% - Industry AVG

employees

Employees

with 10 employees, this is below the industry average (33)

10 - Stanmore Specsavers Limited

33 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.9k, the company has an equivalent pay structure (£30.9k)

£30.9k - Stanmore Specsavers Limited

£30.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £40.8k, this is less efficient (£102k)

£40.8k - Stanmore Specsavers Limited

£102k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 9 days, this is earlier than average (13 days)

9 days - Stanmore Specsavers Limited

13 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 4 days, this is quicker than average (43 days)

4 days - Stanmore Specsavers Limited

43 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 34 days, this is less than average (60 days)

34 days - Stanmore Specsavers Limited

60 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 32 weeks, this is more cash available to meet short term requirements (12 weeks)

32 weeks - Stanmore Specsavers Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 69.7%, this is a higher level of debt than the average (58.8%)

69.7% - Stanmore Specsavers Limited

58.8% - Industry AVG

STANMORE SPECSAVERS LIMITED financials

EXPORTms excel logo

Stanmore Specsavers Limited's latest turnover from February 2024 is estimated at £408 thousand and the company has net assets of £40.3 thousand. According to their latest financial statements, Stanmore Specsavers Limited has 10 employees and maintains cash reserves of £52.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018May 2017
Turnover408,015235,539245,979260,060442,148430,135441,926256,267
Other Income Or Grants00000000
Cost Of Sales186,02080,868100,288204,049330,057318,472264,18783,053
Gross Profit221,995154,671145,69056,011112,090111,664177,739173,214
Admin Expenses209,118147,328153,68828,56378,85082,753158,758222,224
Operating Profit12,8777,343-7,99827,44833,24028,91118,981-49,010
Interest Payable1,7732,4122,3351,5432,1441,97800
Interest Receivable2,6231,75618027113625617
Pre-Tax Profit13,7276,686-10,15325,93231,20926,99519,037-48,993
Tax-3,432-1,2700-4,927-5,930-5,129-3,6170
Profit After Tax10,2955,416-10,15321,00525,27921,86615,420-48,993
Dividends Paid00000000
Retained Profit10,2955,416-10,15321,00525,27921,86615,420-48,993
Employee Costs309,387284,905298,095224,187229,431259,593246,444137,919
Number Of Employees1091091011106
EBITDA*43,07424,50519,04254,15858,27955,83439,175-35,096

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018May 2017
Tangible Assets37,00543,67659,58175,86363,09868,26095,183109,105
Intangible Assets00000000
Investments & Other00000000
Debtors (Due After 1 year)4,6395,5364,6843,4852,7372,76000
Total Fixed Assets41,64449,21264,26579,34865,83571,02095,183109,105
Stock & work in progress17,39617,44416,21618,45920,56226,48523,14023,773
Trade Debtors11,0556,6416,41111,94415,55013,17623,50413,962
Group Debtors92503152055931,1360280
Misc Debtors9,09011,07323,17815,74210,7413,0492,7062,477
Cash52,58447,32540,45031,50822,4067,6368,85213,548
misc current assets00000000
total current assets91,05082,48386,57077,85869,85251,48258,20254,040
total assets132,694131,695150,835157,206135,687122,502153,385163,145
Bank overdraft00000000
Bank loan00000000
Trade Creditors 2,2861,4504,29318,3621,6932,6783,8322,969
Group/Directors Accounts42,64739,04859,79024,71486,40954,019164,851188,955
other short term finances0009,351058,61100
hp & lease commitments00000000
other current liabilities38,04939,17336,02333,76028,96818,78013,55220,093
total current liabilities82,98279,671100,10686,187117,070134,088182,235212,017
loans9,45622,06326,18436,3214,924000
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities00000000
provisions0000004,6020
total long term liabilities9,45622,06326,18436,3214,92404,6020
total liabilities92,438101,734126,290122,508121,994134,088186,837212,017
net assets40,25629,96124,54534,69813,693-11,586-33,452-48,872
total shareholders funds40,25629,96124,54534,69813,693-11,586-33,452-48,872
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018May 2017
Operating Activities
Operating Profit12,8777,343-7,99827,44833,24028,91118,981-49,010
Depreciation30,19717,16227,04026,71025,03926,92320,19413,914
Amortisation00000000
Tax-3,432-1,2700-4,927-5,930-5,129-3,6170
Stock-481,228-2,243-2,103-5,9233,345-63323,773
Debtors2,459-11,3383,2121,7559,500-6,0899,49116,719
Creditors836-2,843-14,06916,669-985-1,1548632,969
Accruals and Deferred Income-1,1243,1502,2634,79210,1885,228-6,54120,093
Deferred Taxes & Provisions00000-4,6024,6020
Cash flow from operations36,94333,6526,26771,04057,97552,92125,624-52,526
Investing Activities
capital expenditure-23,526-1,257-10,758-39,475-19,8770-6,272-123,019
Change in Investments00000000
cash flow from investments-23,526-1,257-10,758-39,475-19,8770-6,272-123,019
Financing Activities
Bank loans00000000
Group/Directors Accounts3,599-20,74235,076-61,69532,390-110,832-24,104188,955
Other Short Term Loans 00-9,3519,351-58,61158,61100
Long term loans-12,607-4,121-10,13731,3974,924000
Hire Purchase and Lease Commitments00000000
other long term liabilities00000000
share issue0000000121
interest850-656-2,155-1,516-2,031-1,9165617
cash flow from financing-8,158-25,51913,433-22,463-23,328-54,137-24,048189,093
cash and cash equivalents
cash5,2596,8758,9429,10214,770-1,216-4,69613,548
overdraft00000000
change in cash5,2596,8758,9429,10214,770-1,216-4,69613,548

stanmore specsavers 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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Stanmore Specsavers Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for stanmore 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.

stanmore specsavers limited Ownership

STANMORE SPECSAVERS LIMITED group structure

Stanmore Specsavers Limited has no subsidiary companies.

Ultimate parent company

2 parents

STANMORE SPECSAVERS LIMITED

10167083

STANMORE SPECSAVERS LIMITED Shareholders

specsavers uk holdings limited 50.21%
ushna shah 16.6%
poonam patel 16.6%
rakesh kumar kapoor 16.6%

stanmore specsavers limited directors

Stanmore Specsavers Limited currently has 5 directors. The longest serving directors include Mrs Mary Perkins (May 2016) and Ms Poonam Patel (Sep 2016).

officercountryagestartendrole
Mrs Mary PerkinsGuernsey81 years May 2016- Director
Ms Poonam PatelEngland44 years Sep 2016- Director
Mr Douglas PerkinsUnited Kingdom81 years Sep 2016- Director
Mr Rakesh KapoorEngland54 years Sep 2016- Director
Ushna ShahEngland56 years May 2022- Director

P&L

February 2024

turnover

408k

+73%

operating profit

12.9k

0%

gross margin

54.5%

-17.14%

turnover

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

Balance Sheet

February 2024

net assets

40.3k

+0.34%

total assets

132.7k

+0.01%

cash

52.6k

+0.11%

net assets

Total assets minus all liabilities

stanmore specsavers limited company details

company number

10167083

Type

Private limited with Share Capital

industry

47782 - Retail sale by opticians

incorporation date

May 2016

age

9

incorporated

UK

accounts

Audit Exemption Subsidiary

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

forum 6 parkway, whiteley, fareham, hampshire, PO15 7PA

Bank

-

Legal Advisor

-

stanmore 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 stanmore specsavers limited.

stanmore specsavers 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.

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stanmore specsavers limited Companies House Filings - See Documents

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