solihull stores ltd
solihull stores ltd Company Information
Company Number
10861003
Next Accounts
1392 days late
Directors
Shareholders
habinder singh bains
Group Structure
View All
Industry
Other retail sale in non-specialised stores
Registered Address
19 deansgate, bolton, BL1 1HH
Website
-solihull stores ltd Estimated Valuation
Pomanda estimates the enterprise value of SOLIHULL STORES LTD at £73.9m based on a Turnover of £95.6m and 0.77x industry multiple (adjusted for size and gross margin).
solihull stores ltd Estimated Valuation
Pomanda estimates the enterprise value of SOLIHULL STORES LTD at £7.2m based on an EBITDA of £970.5k and a 7.45x industry multiple (adjusted for size and gross margin).
solihull stores ltd Estimated Valuation
Pomanda estimates the enterprise value of SOLIHULL STORES LTD at £16.7m based on Net Assets of £5.4m and 3.11x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Solihull Stores Ltd Overview
Solihull Stores Ltd is a live company located in bolton, BL1 1HH with a Companies House number of 10861003. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in July 2017, it's largest shareholder is habinder singh bains with a 100% stake. Solihull Stores Ltd is a young, large sized company, Pomanda has estimated its turnover at £95.6m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Solihull Stores Ltd Health Check
Pomanda's financial health check has awarded Solihull Stores Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £95.6m, make it larger than the average company (£1.4m)
£95.6m - Solihull Stores Ltd
£1.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Solihull Stores Ltd
- - Industry AVG
Production
with a gross margin of 31%, this company has a higher cost of product (44%)
31% - Solihull Stores Ltd
44% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (5.6%)
0.9% - Solihull Stores Ltd
5.6% - Industry AVG
Employees
with 1122 employees, this is above the industry average (40)
- Solihull Stores Ltd
40 - Industry AVG
Pay Structure
on an average salary of £124.8, the company has a lower pay structure (£18.2k)
- Solihull Stores Ltd
£18.2k - Industry AVG
Efficiency
resulting in sales per employee of £85.2k, this is equally as efficient (£85.2k)
- Solihull Stores Ltd
£85.2k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is later than average (10 days)
15 days - Solihull Stores Ltd
10 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (32 days)
7 days - Solihull Stores Ltd
32 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (88 days)
4 days - Solihull Stores Ltd
88 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (20 weeks)
1 weeks - Solihull Stores Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.6%, this is a lower level of debt than the average (66.1%)
20.6% - Solihull Stores Ltd
66.1% - Industry AVG
SOLIHULL STORES LTD financials
Solihull Stores Ltd's latest turnover from July 2019 is £95.6 million and the company has net assets of £5.4 million. According to their latest financial statements, we estimate that Solihull Stores Ltd has 1,122 employees and maintains cash reserves of £34.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2019 | Jul 2018 | |
|---|---|---|
| Turnover | 95,577,634 | 92,310,607 |
| Other Income Or Grants | 0 | 0 |
| Cost Of Sales | 65,929,190 | 63,776,134 |
| Gross Profit | 29,648,444 | 28,534,473 |
| Admin Expenses | ||
| Operating Profit | ||
| Interest Payable | 0 | 0 |
| Interest Receivable | 0 | 0 |
| Pre-Tax Profit | 723,332 | 635,889 |
| Tax | -5,282 | -4,016 |
| Profit After Tax | 718,050 | 631,873 |
| Dividends Paid | 0 | 0 |
| Retained Profit | 718,050 | 631,873 |
| Employee Costs | 140,052 | 134,055 |
| Number Of Employees | 48 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2019 | Jul 2018 | |
|---|---|---|
| Tangible Assets | 638,674 | 572,167 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 752,200 | 752,200 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 1,390,874 | 1,324,367 |
| Stock & work in progress | 842,542 | 761,361 |
| Trade Debtors | 4,010,234 | 3,474,642 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 479,579 | 399,500 |
| Cash | 34,547 | 31,743 |
| misc current assets | 0 | 0 |
| total current assets | 5,366,902 | 4,667,246 |
| total assets | 6,757,776 | 5,991,613 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 1,378,540 | 1,335,769 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 11,602 | 6,260 |
| total current liabilities | 1,390,142 | 1,342,029 |
| 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 | 1,390,142 | 1,342,029 |
| net assets | 5,367,634 | 4,649,584 |
| total shareholders funds | 5,367,634 | 4,649,584 |
| Jul 2019 | Jul 2018 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 84,275 | 75,499 |
| Amortisation | 0 | 0 |
| Tax | -5,282 | -4,016 |
| Stock | 81,181 | 761,361 |
| Debtors | 615,671 | 3,874,142 |
| Creditors | 42,771 | 1,335,769 |
| Accruals and Deferred Income | 5,342 | 6,260 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | -150,782 | -646,706 |
| Change in Investments | 0 | 752,200 |
| cash flow from investments | -150,782 | -1,398,906 |
| 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 | 0 | 0 |
| cash flow from financing | 0 | 4,017,711 |
| cash and cash equivalents | ||
| cash | 2,804 | 31,743 |
| overdraft | 0 | 0 |
| change in cash | 2,804 | 31,743 |
solihull stores ltd Credit Report and Business Information
Solihull Stores Ltd Competitor Analysis
Perform a competitor analysis for solihull stores ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in BL1 area or any other competitors across 12 key performance metrics.
solihull stores ltd Ownership
SOLIHULL STORES LTD group structure
Solihull Stores Ltd has no subsidiary companies.
Ultimate parent company
SOLIHULL STORES LTD
10861003
solihull stores ltd directors
Solihull Stores Ltd currently has 1 director, Mr Surendra Mahanty serving since Mar 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Surendra Mahanty | England | 53 years | Mar 2019 | - | Director |
P&L
July 2019turnover
95.6m
+4%
operating profit
886.2k
0%
gross margin
31.1%
+0.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2019net assets
5.4m
+0.15%
total assets
6.8m
+0.13%
cash
34.5k
+0.09%
net assets
Total assets minus all liabilities
solihull stores ltd company details
company number
10861003
Type
Private limited with Share Capital
industry
47190 - Other retail sale in non-specialised stores
incorporation date
July 2017
age
8
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
July 2019
previous names
N/A
accountant
-
auditor
ROSE & BINGLEY
address
19 deansgate, bolton, BL1 1HH
Bank
SANTANDER
Legal Advisor
EQUITABLE LAW
solihull stores 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 solihull stores ltd.
solihull stores 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 SOLIHULL STORES LTD. This can take several minutes, an email will notify you when this has completed.
solihull stores ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
