exero lifestyle two limited

2.5

exero lifestyle two limited Company Information

Share EXERO LIFESTYLE TWO LIMITED
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Company Number

10587927

Website

-

Registered Address

130-132 regent road, leicester, LE1 7PG

Industry

Fitness facilities

 

Telephone

-

Next Accounts Due

December 2024

Group Structure

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Directors

Minesh Solanki7 Years

Mohammad Menair7 Years

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Shareholders

mohammad menair 27%

babar ahmed khan 7.4%

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exero lifestyle two limited Estimated Valuation

£102k

Pomanda estimates the enterprise value of EXERO LIFESTYLE TWO LIMITED at £102k based on a Turnover of £107.8k and 0.95x industry multiple (adjusted for size and gross margin).

exero lifestyle two limited Estimated Valuation

£83.5k

Pomanda estimates the enterprise value of EXERO LIFESTYLE TWO LIMITED at £83.5k based on an EBITDA of £21.6k and a 3.86x industry multiple (adjusted for size and gross margin).

exero lifestyle two limited Estimated Valuation

£0

Pomanda estimates the enterprise value of EXERO LIFESTYLE TWO LIMITED at £0 based on Net Assets of £-205.1k and 0.94x industry multiple (adjusted for liquidity).

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Exero Lifestyle Two Limited Overview

Exero Lifestyle Two Limited is a live company located in leicester, LE1 7PG with a Companies House number of 10587927. It operates in the fitness facilities sector, SIC Code 93130. Founded in January 2017, it's largest shareholder is mohammad menair with a 27% stake. Exero Lifestyle Two Limited is a young, micro sized company, Pomanda has estimated its turnover at £107.8k with declining growth in recent years.

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Exero Lifestyle Two Limited Health Check

Pomanda's financial health check has awarded Exero Lifestyle Two Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £107.8k, make it smaller than the average company (£243.5k)

£107.8k - Exero Lifestyle Two Limited

£243.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -25%, show it is growing at a slower rate (1.9%)

-25% - Exero Lifestyle Two Limited

1.9% - Industry AVG

production

Production

with a gross margin of 57.4%, this company has a higher cost of product (84.8%)

57.4% - Exero Lifestyle Two Limited

84.8% - Industry AVG

profitability

Profitability

an operating margin of 20.1% make it more profitable than the average company (0.2%)

20.1% - Exero Lifestyle Two Limited

0.2% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (6)

2 - Exero Lifestyle Two Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £18k, the company has an equivalent pay structure (£18k)

£18k - Exero Lifestyle Two Limited

£18k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £53.9k, this is equally as efficient (£57.5k)

£53.9k - Exero Lifestyle Two Limited

£57.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 108 days, this is later than average (13 days)

108 days - Exero Lifestyle Two Limited

13 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 582 days, this is slower than average (132 days)

582 days - Exero Lifestyle Two Limited

132 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Exero Lifestyle Two Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Exero Lifestyle Two Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 185.5%, this is a higher level of debt than the average (83.4%)

185.5% - Exero Lifestyle Two Limited

83.4% - Industry AVG

EXERO LIFESTYLE TWO LIMITED financials

EXPORTms excel logo

Exero Lifestyle Two Limited's latest turnover from March 2023 is estimated at £107.8 thousand and the company has net assets of -£205.1 thousand. According to their latest financial statements, Exero Lifestyle Two Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Turnover107,79094,437248,440259,419818,5481,084,932135
Other Income Or Grants0000000
Cost Of Sales45,92127,848105,69290,482301,197340,19355
Gross Profit61,86966,589142,748168,937517,351744,73980
Admin Expenses40,25371,447246,780171,062672,897690,45964
Operating Profit21,616-4,858-104,032-2,125-155,54654,28016
Interest Payable0000000
Interest Receivable0000000
Pre-Tax Profit21,616-4,858-104,032-2,125-155,54654,28016
Tax-4,1070000-10,313-3
Profit After Tax17,509-4,858-104,032-2,125-155,54643,96713
Dividends Paid0000000
Retained Profit17,509-4,858-104,032-2,125-155,54643,96713
Employee Costs36,06834,66936,86436,818156,878201,03915,791
Number Of Employees22229131
EBITDA*21,616-4,858-104,032-2,125-155,54654,28016

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Tangible Assets165,791200,984212,919246,028279,147309,4000
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets165,791200,984212,919246,028279,147309,4000
Stock & work in progress0000000
Trade Debtors32,14254,033125,87678,321100,758131,30513
Group Debtors0000000
Misc Debtors41,942000000
Cash0000000
misc current assets0000000
total current assets74,08454,033125,87678,321100,758131,30513
total assets239,875255,017338,795324,349379,905440,70513
Bank overdraft0000000
Bank loan0000000
Trade Creditors 73,286477,598556,518438,040491,471396,7250
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities0000000
total current liabilities73,286477,598556,518438,040491,471396,7250
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities371,661000000
provisions0000000
total long term liabilities371,661000000
total liabilities444,947477,598556,518438,040491,471396,7250
net assets-205,072-222,581-217,723-113,691-111,56643,98013
total shareholders funds-205,072-222,581-217,723-113,691-111,56643,98013
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Operating Activities
Operating Profit21,616-4,858-104,032-2,125-155,54654,28016
Depreciation0000000
Amortisation0000000
Tax-4,1070000-10,313-3
Stock0000000
Debtors20,051-71,84347,555-22,437-30,547131,29213
Creditors-404,312-78,920118,478-53,43194,746396,7250
Accruals and Deferred Income0000000
Deferred Taxes & Provisions0000000
Cash flow from operations-406,854-11,935-33,109-33,119-30,253309,4000
Investing Activities
capital expenditure35,19311,93533,10933,11930,253-309,4000
Change in Investments0000000
cash flow from investments35,19311,93533,10933,11930,253-309,4000
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities371,661000000
share issue0000000
interest0000000
cash flow from financing371,661000000
cash and cash equivalents
cash0000000
overdraft0000000
change in cash0000000

exero lifestyle two 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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Exero Lifestyle Two Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for exero lifestyle two limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in LE1 area or any other competitors across 12 key performance metrics.

exero lifestyle two limited Ownership

EXERO LIFESTYLE TWO LIMITED group structure

Exero Lifestyle Two Limited has no subsidiary companies.

Ultimate parent company

EXERO LIFESTYLE TWO LIMITED

10587927

EXERO LIFESTYLE TWO LIMITED Shareholders

mohammad menair 27%
babar ahmed khan 7.44%
nazneen khan 7.44%
christopher james wain 7.44%
melba elizabeth wain 7.44%
hoosein dadabhoy 5.83%
farook ahmed chaka 5.83%
inayat fatiwala 5.83%
faisal rashid sattar 5.83%
minesh solanki 5.83%

exero lifestyle two limited directors

Exero Lifestyle Two Limited currently has 5 directors. The longest serving directors include Mr Minesh Solanki (Jan 2017) and Mr Mohammad Menair (Jan 2017).

officercountryagestartendrole
Mr Minesh SolankiUnited Kingdom45 years Jan 2017- Director
Mr Mohammad MenairUnited Kingdom31 years Jan 2017- Director
Mr Christopher WainUnited Kingdom69 years Jan 2017- Director
Mr Babar KhanEngland54 years May 2021- Director
Mr Babar KhanEngland54 years May 2021- Director

P&L

March 2023

turnover

107.8k

+14%

operating profit

21.6k

0%

gross margin

57.4%

-18.6%

turnover

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

Balance Sheet

March 2023

net assets

-205.1k

-0.08%

total assets

239.9k

-0.06%

cash

0

0%

net assets

Total assets minus all liabilities

exero lifestyle two limited company details

company number

10587927

Type

Private limited with Share Capital

industry

93130 - Fitness facilities

incorporation date

January 2017

age

7

incorporated

UK

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

March 2023

address

130-132 regent road, leicester, LE1 7PG

accountant

-

auditor

-

exero lifestyle two 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 exero lifestyle two limited.

charges

exero lifestyle two limited Companies House Filings - See Documents

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