redbourn eyecare ltd
redbourn eyecare ltd Company Information
Company Number
10600471
Next Accounts
Dec 2025
Shareholders
sai karan malik
roshana malik
Group Structure
View All
Industry
Other human health activities
Registered Address
78 high street, redbourn, st. albans, hertfordshire, AL3 7LN
Website
www.redbourneyecare.co.ukredbourn eyecare ltd Estimated Valuation
Pomanda estimates the enterprise value of REDBOURN EYECARE LTD at £205.8k based on a Turnover of £481.2k and 0.43x industry multiple (adjusted for size and gross margin).
redbourn eyecare ltd Estimated Valuation
Pomanda estimates the enterprise value of REDBOURN EYECARE LTD at £195.8k based on an EBITDA of £62k and a 3.16x industry multiple (adjusted for size and gross margin).
redbourn eyecare ltd Estimated Valuation
Pomanda estimates the enterprise value of REDBOURN EYECARE LTD at £130.7k based on Net Assets of £53.2k and 2.46x industry multiple (adjusted for liquidity).
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Redbourn Eyecare Ltd Overview
Redbourn Eyecare Ltd is a live company located in st. albans, AL3 7LN with a Companies House number of 10600471. It operates in the other human health activities sector, SIC Code 86900. Founded in February 2017, it's largest shareholder is sai karan malik with a 50% stake. Redbourn Eyecare Ltd is a young, micro sized company, Pomanda has estimated its turnover at £481.2k with healthy growth in recent years.
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Redbourn Eyecare Ltd Health Check
Pomanda's financial health check has awarded Redbourn Eyecare Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £481.2k, make it smaller than the average company (£727.3k)
- Redbourn Eyecare Ltd
£727.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (7.2%)
- Redbourn Eyecare Ltd
7.2% - Industry AVG
Production
with a gross margin of 22.2%, this company has a higher cost of product (38.5%)
- Redbourn Eyecare Ltd
38.5% - Industry AVG
Profitability
an operating margin of 12.9% make it more profitable than the average company (5%)
- Redbourn Eyecare Ltd
5% - Industry AVG
Employees
with 8 employees, this is below the industry average (19)
8 - Redbourn Eyecare Ltd
19 - Industry AVG
Pay Structure
on an average salary of £26.5k, the company has an equivalent pay structure (£26.5k)
- Redbourn Eyecare Ltd
£26.5k - Industry AVG
Efficiency
resulting in sales per employee of £60.2k, this is more efficient (£45.5k)
- Redbourn Eyecare Ltd
£45.5k - Industry AVG
Debtor Days
it gets paid by customers after 82 days, this is later than average (20 days)
- Redbourn Eyecare Ltd
20 days - Industry AVG
Creditor Days
its suppliers are paid after 82 days, this is slower than average (18 days)
- Redbourn Eyecare Ltd
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Redbourn Eyecare Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Redbourn Eyecare Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.5%, this is a higher level of debt than the average (22.3%)
78.5% - Redbourn Eyecare Ltd
22.3% - Industry AVG
REDBOURN EYECARE LTD financials
Redbourn Eyecare Ltd's latest turnover from March 2024 is estimated at £481.2 thousand and the company has net assets of £53.2 thousand. According to their latest financial statements, Redbourn Eyecare Ltd has 8 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 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 | 8 | 5 | 5 | 6 | 7 | 5 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 133,773 | 12,082 | 7,575 | 9,122 | 5,568 | 6,305 | 7,087 | 4,953 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 133,773 | 12,082 | 7,575 | 9,122 | 5,568 | 6,305 | 7,087 | 4,953 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 108,766 | 62,663 | 71,955 | 76,645 | 29,530 | 43,186 | 44,159 | 12,768 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 4,713 | 6,224 | 3,800 | 0 | 10,000 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 113,479 | 68,887 | 75,755 | 76,645 | 39,530 | 43,186 | 44,159 | 12,768 |
| total assets | 247,252 | 80,969 | 83,330 | 85,767 | 45,098 | 49,491 | 51,246 | 17,721 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 84,482 | 48,444 | 46,360 | 42,100 | 41,270 | 47,697 | 50,899 | 17,579 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 84,482 | 48,444 | 46,360 | 42,100 | 41,270 | 47,697 | 50,899 | 17,579 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 4,750 | 3,390 | 3,580 | 2,400 | 2,861 | 0 | 0 | 0 |
| other liabilities | 104,808 | 22,451 | 32,632 | 41,130 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 109,558 | 25,841 | 36,212 | 43,530 | 2,861 | 0 | 0 | 0 |
| total liabilities | 194,040 | 74,285 | 82,572 | 85,630 | 44,131 | 47,697 | 50,899 | 17,579 |
| net assets | 53,212 | 6,684 | 758 | 137 | 967 | 1,794 | 347 | 142 |
| total shareholders funds | 53,212 | 6,684 | 758 | 137 | 967 | 1,794 | 347 | 142 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | |||||||
| Amortisation | 0 | |||||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 44,592 | -6,868 | -890 | 37,115 | -3,656 | -973 | 31,391 | 12,768 |
| Creditors | 36,038 | 2,084 | 4,260 | 830 | -6,427 | -3,202 | 33,320 | 17,579 |
| Accruals and Deferred Income | 1,360 | -190 | 1,180 | -461 | 2,861 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 82,357 | -10,181 | -8,498 | 41,130 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
redbourn eyecare ltd Credit Report and Business Information
Redbourn Eyecare Ltd Competitor Analysis
Perform a competitor analysis for redbourn eyecare ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in AL3 area or any other competitors across 12 key performance metrics.
redbourn eyecare ltd Ownership
REDBOURN EYECARE LTD group structure
Redbourn Eyecare Ltd has no subsidiary companies.
Ultimate parent company
REDBOURN EYECARE LTD
10600471
redbourn eyecare ltd directors
Redbourn Eyecare Ltd currently has 2 directors. The longest serving directors include Mrs. Roshana Malik (Feb 2017) and Mr Sai Malik (Feb 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs. Roshana Malik | England | 36 years | Feb 2017 | - | Director |
| Mr Sai Malik | England | 39 years | Feb 2017 | - | Director |
P&L
March 2024turnover
481.2k
+80%
operating profit
62k
0%
gross margin
22.3%
+3.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
53.2k
+6.96%
total assets
247.3k
+2.05%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
redbourn eyecare ltd company details
company number
10600471
Type
Private limited with Share Capital
industry
86900 - Other human health activities
incorporation date
February 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
malik optometry ltd (February 2017)
accountant
-
auditor
-
address
78 high street, redbourn, st. albans, hertfordshire, AL3 7LN
Bank
-
Legal Advisor
-
redbourn eyecare 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 found 1 charges/mortgages relating to redbourn eyecare ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
redbourn eyecare 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 REDBOURN EYECARE LTD. This can take several minutes, an email will notify you when this has completed.
redbourn eyecare ltd Companies House Filings - See Documents
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