hearing solutions ltd
hearing solutions ltd Company Information
Company Number
10492733
Next Accounts
1493 days late
Industry
Retail sale of hearing aids in specialised stores
Directors
Shareholders
peter kitson
bridgett kitson
View AllGroup Structure
View All
Contact
Registered Address
c/o pkf gm 15 westferry circus, london, E14 4HD
Website
www.hearingsolutionsuk.comhearing solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of HEARING SOLUTIONS LTD at £40.4k based on a Turnover of £30.2k and 1.34x industry multiple (adjusted for size and gross margin).
hearing solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of HEARING SOLUTIONS LTD at £0 based on an EBITDA of £-2.9k and a 7.44x industry multiple (adjusted for size and gross margin).
hearing solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of HEARING SOLUTIONS LTD at £0 based on Net Assets of £-1.9k and 3.46x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hearing Solutions Ltd Overview
Hearing Solutions Ltd is a live company located in london, E14 4HD with a Companies House number of 10492733. It operates in the retail sale of hearing aids sector, SIC Code 47741. Founded in November 2016, it's largest shareholder is peter kitson with a 60% stake. Hearing Solutions Ltd is a young, micro sized company, Pomanda has estimated its turnover at £30.2k with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Hearing Solutions Ltd Health Check
Pomanda's financial health check has awarded Hearing Solutions Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
6 Weak
Size
annual sales of £30.2k, make it smaller than the average company (£40.7m)
- Hearing Solutions Ltd
£40.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Hearing Solutions Ltd
- - Industry AVG
Production
with a gross margin of 55.6%, this company has a comparable cost of product (55.6%)
- Hearing Solutions Ltd
55.6% - Industry AVG
Profitability
an operating margin of -9.5% make it less profitable than the average company (3.7%)
- Hearing Solutions Ltd
3.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (417)
- Hearing Solutions Ltd
417 - Industry AVG
Pay Structure
on an average salary of £56.9k, the company has an equivalent pay structure (£56.9k)
- Hearing Solutions Ltd
£56.9k - Industry AVG
Efficiency
resulting in sales per employee of £30.2k, this is less efficient (£121.1k)
- Hearing Solutions Ltd
£121.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Hearing Solutions Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 71 days, this is slower than average (14 days)
- Hearing Solutions Ltd
14 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hearing Solutions Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (12 weeks)
6 weeks - Hearing Solutions Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 182.5%, this is a higher level of debt than the average (76.1%)
182.5% - Hearing Solutions Ltd
76.1% - Industry AVG
HEARING SOLUTIONS LTD financials
Hearing Solutions Ltd's latest turnover from November 2018 is estimated at £30.2 thousand and the company has net assets of -£1.9 thousand. According to their latest financial statements, we estimate that Hearing Solutions Ltd has 1 employee and maintains cash reserves of £502 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2018 | Nov 2017 | |
|---|---|---|
| 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2018 | Nov 2017 | |
|---|---|---|
| Tangible Assets | 0 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 0 | 0 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 0 | 0 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 1,740 | 1 |
| Cash | 502 | 0 |
| misc current assets | 30 | 0 |
| total current assets | 2,272 | 1 |
| total assets | 2,272 | 1 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 2,614 | 0 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 1,532 | 0 |
| total current liabilities | 4,146 | 0 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 4,146 | 0 |
| net assets | -1,874 | 1 |
| total shareholders funds | -1,874 | 1 |
| Nov 2018 | Nov 2017 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 0 | |
| Amortisation | 0 | |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 1,739 | 1 |
| Creditors | 2,614 | 0 |
| Accruals and Deferred Income | 1,532 | 0 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 502 | 0 |
| overdraft | 0 | 0 |
| change in cash | 502 | 0 |
hearing solutions ltd Credit Report and Business Information
Hearing Solutions Ltd Competitor Analysis
Perform a competitor analysis for hearing solutions ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in E14 area or any other competitors across 12 key performance metrics.
hearing solutions ltd Ownership
HEARING SOLUTIONS LTD group structure
Hearing Solutions Ltd has no subsidiary companies.
Ultimate parent company
HEARING SOLUTIONS LTD
10492733
hearing solutions ltd directors
Hearing Solutions Ltd currently has 1 director, Mr Peter Kitson serving since Nov 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Kitson | 63 years | Nov 2016 | - | Director |
P&L
November 2018turnover
30.2k
0%
operating profit
-2.9k
0%
gross margin
55.6%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2018net assets
-1.9k
-1875%
total assets
2.3k
+2271%
cash
502
0%
net assets
Total assets minus all liabilities
hearing solutions ltd company details
company number
10492733
Type
Private limited with Share Capital
industry
47741 - Retail sale of hearing aids in specialised stores
incorporation date
November 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2018
previous names
N/A
accountant
-
auditor
-
address
c/o pkf gm 15 westferry circus, london, E14 4HD
Bank
-
Legal Advisor
-
hearing solutions ltd 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 hearing solutions ltd.
hearing solutions ltd 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 HEARING SOLUTIONS LTD. This can take several minutes, an email will notify you when this has completed.
hearing solutions ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
