Pomanda estimates the enterprise value of PRIMARY OPHTHALMIC SOLUTIONS at £1.3m based on a Turnover of £2.5m and 0.53x industry multiple (adjusted for size and gross margin).
primary ophthalmic solutionsEstimated Valuation
£658.3k
Pomanda estimates the enterprise value of PRIMARY OPHTHALMIC SOLUTIONS at £658.3k based on an EBITDA of £161.5k and a 4.08x industry multiple (adjusted for size and gross margin).
primary ophthalmic solutionsEstimated Valuation
£608.2k
Pomanda estimates the enterprise value of PRIMARY OPHTHALMIC SOLUTIONS at £608.2k based on Net Assets of £258.9k and 2.35x industry multiple (adjusted for liquidity).
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Primary Ophthalmic SolutionsOverview
Primary Ophthalmic Solutions is a live company located in beckenham, BR3 1AG with a Companies House number of 10654683. It operates in the other human health activities sector, SIC Code 86900. Founded in March 2017, it's largest shareholder is
unknown.
Primary Ophthalmic Solutions is a young,
small sized company, Pomanda has estimated its turnover at
£2.5m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Primary Ophthalmic Solutions a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
5 Strong
3 Regular
3 Weak
Size
annual sales of £2.5m, make it larger than the average company (£682.6k)
£2.5m - Primary Ophthalmic Solutions
£682.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (8.1%)
11% - Primary Ophthalmic Solutions
8.1% - Industry AVG
Production
with a gross margin of 39.1%, this company has a comparable cost of product (39.1%)
39.1% - Primary Ophthalmic Solutions
39.1% - Industry AVG
Profitability
an operating margin of 6.4% make it as profitable than the average company (5.4%)
6.4% - Primary Ophthalmic Solutions
5.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (17)
3 - Primary Ophthalmic Solutions
17 - Industry AVG
Pay Structure
on an average salary of £27.5k, the company has an equivalent pay structure (£27.5k)
£27.5k - Primary Ophthalmic Solutions
£27.5k - Industry AVG
Efficiency
resulting in sales per employee of £823.9k, this is more efficient (£49.5k)
£823.9k - Primary Ophthalmic Solutions
£49.5k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (21 days)
11 days - Primary Ophthalmic Solutions
21 days - Industry AVG
Creditor Days
its suppliers are paid after 182 days, this is slower than average (16 days)
182 days - Primary Ophthalmic Solutions
16 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Primary Ophthalmic Solutions
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 46 weeks, this is less cash available to meet short term requirements (108 weeks)
46 weeks - Primary Ophthalmic Solutions
108 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.5%, this is a higher level of debt than the average (25.2%)
75.5% - Primary Ophthalmic Solutions
25.2% - Industry AVG
PRIMARY OPHTHALMIC SOLUTIONS financials
EXPORT
Primary Ophthalmic Solutions's latest turnover from June 2024 is estimated at £2.5 million and the company has net assets of £258.9 thousand. According to their latest financial statements, Primary Ophthalmic Solutions has 3 employees and maintains cash reserves of £707.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Mar 2018
Turnover
2,471,796
2,030,585
1,700,847
1,802,630
1,055,437
823,415
667,979
Other Income Or Grants
Cost Of Sales
1,506,567
1,244,055
1,064,526
1,194,845
673,188
529,728
420,653
Gross Profit
965,229
786,531
636,321
607,785
382,249
293,687
247,326
Admin Expenses
807,126
720,096
638,024
599,073
363,412
242,697
232,783
Operating Profit
158,103
66,435
-1,703
8,712
18,837
50,990
14,543
Interest Payable
Interest Receivable
18,816
2,751
632
Pre-Tax Profit
176,919
69,185
-1,071
8,712
18,837
50,990
14,543
Tax
-44,230
-17,296
-1,655
-3,579
-9,688
-2,763
Profit After Tax
132,689
51,889
-1,071
7,057
15,258
41,302
11,780
Dividends Paid
Retained Profit
132,689
51,889
-1,071
7,057
15,258
41,302
11,780
Employee Costs
82,568
78,220
24,582
47,409
23,140
45,615
386,930
Number Of Employees
3
3
1
2
1
2
18
EBITDA*
161,471
69,383
-1,703
8,712
18,837
50,990
14,543
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Mar 2018
Tangible Assets
10,105
8,843
8,569
11,425
15,233
15,970
2,910
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
10,105
8,843
8,569
11,425
15,233
15,970
2,910
Stock & work in progress
Trade Debtors
75,769
145,158
157,374
175,051
106,241
94,431
48,045
Group Debtors
Misc Debtors
263,569
530,765
180,001
177,448
143,688
Cash
707,887
8,912
101,119
misc current assets
64,297
29,147
total current assets
1,047,225
684,835
438,494
352,499
249,929
158,728
77,192
total assets
1,057,330
693,678
447,063
363,924
265,162
174,698
80,102
Bank overdraft
Bank loan
Trade Creditors
752,843
546,743
367,592
275,174
181,603
118,316
43,419
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
45,583
20,720
5,145
total current liabilities
798,426
567,463
372,737
275,174
181,603
118,316
43,419
loans
hp & lease commitments
Accruals and Deferred Income
13,353
15,219
3,300
24,903
other liabilities
provisions
total long term liabilities
13,353
15,219
3,300
24,903
total liabilities
798,426
567,463
372,737
288,527
196,822
121,616
68,322
net assets
258,904
126,215
74,326
75,397
68,340
53,082
11,780
total shareholders funds
258,904
126,215
74,326
75,397
68,340
53,082
11,780
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Mar 2018
Operating Activities
Operating Profit
158,103
66,435
-1,703
8,712
18,837
50,990
14,543
Depreciation
3,368
2,948
Amortisation
Tax
-44,230
-17,296
-1,655
-3,579
-9,688
-2,763
Stock
Debtors
-336,585
338,548
-15,124
102,570
155,498
46,386
48,045
Creditors
206,100
179,151
92,418
93,571
63,287
74,897
43,419
Accruals and Deferred Income
24,863
15,575
-8,208
-1,866
11,919
-21,603
24,903
Deferred Taxes & Provisions
Cash flow from operations
684,789
-91,735
97,631
-3,808
-65,034
48,210
32,057
Investing Activities
capital expenditure
-4,630
-3,222
2,856
3,808
737
-13,060
-2,910
Change in Investments
cash flow from investments
-4,630
-3,222
2,856
3,808
737
-13,060
-2,910
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
18,816
2,751
632
cash flow from financing
18,816
2,751
632
cash and cash equivalents
cash
698,975
-92,207
101,119
overdraft
change in cash
698,975
-92,207
101,119
primary ophthalmic solutions Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for primary ophthalmic solutions. Get real-time insights into primary ophthalmic solutions's credit score, group structure and payment trends.
Perform a competitor analysis for primary ophthalmic solutions by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in BR3 area or any other competitors across 12 key performance metrics.
primary ophthalmic solutions Ownership
PRIMARY OPHTHALMIC SOLUTIONS group structure
Primary Ophthalmic Solutions has no subsidiary companies.
Ultimate parent company
PRIMARY OPHTHALMIC SOLUTIONS
10654683
PRIMARY OPHTHALMIC SOLUTIONS Shareholders
The sole shareholder of Primary Ophthalmic Solutions is -.
-
-
primary ophthalmic solutions directors
Primary Ophthalmic Solutions currently has 4 directors.
The longest serving directors include
Mr Priteshkumar Patel (Mar 2017) and
Mrs Uma-Devi Patel (Mar 2017).
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
86900 - Other human health activities
incorporation date
March 2017
age
8
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
June 2024
previous names
N/A
accountant
-
auditor
-
address
95 high street, beckenham, BR3 1AG
Bank
-
Legal Advisor
-
primary ophthalmic solutions 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 primary ophthalmic solutions.
primary ophthalmic solutions Capital Raised & Share Issues BETA
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primary ophthalmic solutionsCompanies House Filings - See Documents
