stanway specsavers limited

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stanway specsavers limited Company Information

Share STANWAY SPECSAVERS LIMITED

Company Number

11279149

Shareholders

specsavers uk holdings limited

louise marie stanton

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Group Structure

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Industry

Retail sale by opticians

 

Registered Address

forum 6, parkway, solent business park, whiteley, fareham, hampshire, PO15 7PA

stanway specsavers limited Estimated Valuation

£610.3k

Pomanda estimates the enterprise value of STANWAY SPECSAVERS LIMITED at £610.3k based on a Turnover of £1m and 0.6x industry multiple (adjusted for size and gross margin).

stanway specsavers limited Estimated Valuation

£606.6k

Pomanda estimates the enterprise value of STANWAY SPECSAVERS LIMITED at £606.6k based on an EBITDA of £172.3k and a 3.52x industry multiple (adjusted for size and gross margin).

stanway specsavers limited Estimated Valuation

£231k

Pomanda estimates the enterprise value of STANWAY SPECSAVERS LIMITED at £231k based on Net Assets of £81.5k and 2.84x industry multiple (adjusted for liquidity).

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Stanway Specsavers Limited Overview

Stanway Specsavers Limited is a live company located in fareham, PO15 7PA with a Companies House number of 11279149. It operates in the retail sale by opticians sector, SIC Code 47782. Founded in March 2018, it's largest shareholder is specsavers uk holdings limited with a 50.2% stake. Stanway Specsavers Limited is a young, small sized company, Pomanda has estimated its turnover at £1m with rapid growth in recent years.

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Stanway Specsavers Limited Health Check

Pomanda's financial health check has awarded Stanway Specsavers Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £1m, make it smaller than the average company (£4.1m)

£1m - Stanway Specsavers Limited

£4.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4243%, show it is growing at a faster rate (12.5%)

4243% - Stanway Specsavers Limited

12.5% - Industry AVG

production

Production

with a gross margin of 54.4%, this company has a higher cost of product (68.1%)

54.4% - Stanway Specsavers Limited

68.1% - Industry AVG

profitability

Profitability

an operating margin of 7.7% make it more profitable than the average company (5.5%)

7.7% - Stanway Specsavers Limited

5.5% - Industry AVG

employees

Employees

with 25 employees, this is below the industry average (33)

25 - Stanway Specsavers Limited

33 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.9k, the company has an equivalent pay structure (£30.9k)

£30.9k - Stanway Specsavers Limited

£30.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £40.5k, this is less efficient (£102k)

£40.5k - Stanway Specsavers Limited

£102k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 9 days, this is earlier than average (13 days)

9 days - Stanway Specsavers Limited

13 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2 days, this is quicker than average (43 days)

2 days - Stanway Specsavers Limited

43 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 11 days, this is less than average (60 days)

11 days - Stanway Specsavers Limited

60 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 51 weeks, this is more cash available to meet short term requirements (12 weeks)

51 weeks - Stanway Specsavers Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 86%, this is a higher level of debt than the average (58.8%)

86% - Stanway Specsavers Limited

58.8% - Industry AVG

STANWAY SPECSAVERS LIMITED financials

EXPORTms excel logo

Stanway Specsavers Limited's latest turnover from February 2024 is estimated at £1 million and the company has net assets of £81.5 thousand. According to their latest financial statements, Stanway Specsavers Limited has 25 employees and maintains cash reserves of £258.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019
Turnover1,013,226490,29151222
Other Income Or Grants
Cost Of Sales461,944168,33221017
Gross Profit551,282321,959336
Admin Expenses472,897266,783336
Operating Profit78,38555,176
Interest Payable28,63014,530
Interest Receivable11,2003,372
Pre-Tax Profit60,95644,017
Tax-15,239-8,363
Profit After Tax45,71735,654
Dividends Paid
Retained Profit45,71735,654
Employee Costs773,467411,52929,81024,91022,943
Number Of Employees2513111
EBITDA*172,25173,727

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019
Tangible Assets261,850285,291
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets261,850285,291
Stock & work in progress14,79813,599
Trade Debtors25,78348,998111
Group Debtors1,5357
Misc Debtors21,69710,849
Cash258,102168,579
misc current assets
total current assets321,915242,032111
total assets583,765527,323111
Bank overdraft
Bank loan
Trade Creditors 2,8574,201
Group/Directors Accounts163,223142,411
other short term finances
hp & lease commitments
other current liabilities97,02950,995
total current liabilities263,109197,607
loans218,372290,600
hp & lease commitments
Accruals and Deferred Income2,7473,341
other liabilities
provisions18,045
total long term liabilities239,164293,941
total liabilities502,273491,548
net assets81,49235,775111
total shareholders funds81,49235,775111
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019
Operating Activities
Operating Profit78,38555,176
Depreciation93,86618,551
Amortisation
Tax-15,239-8,363
Stock1,19913,599
Debtors-10,83959,8531
Creditors-1,3444,201
Accruals and Deferred Income45,44054,336
Deferred Taxes & Provisions18,045
Cash flow from operations228,79350,449-1
Investing Activities
capital expenditure-70,425-303,842
Change in Investments
cash flow from investments-70,425-303,842
Financing Activities
Bank loans
Group/Directors Accounts20,812142,411
Other Short Term Loans
Long term loans-72,228290,600
Hire Purchase and Lease Commitments
other long term liabilities
share issue1201
interest-17,430-11,158
cash flow from financing-68,846421,9731
cash and cash equivalents
cash89,523168,579
overdraft
change in cash89,523168,579

stanway specsavers 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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Stanway Specsavers Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for stanway specsavers limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in PO15 area or any other competitors across 12 key performance metrics.

stanway specsavers limited Ownership

STANWAY SPECSAVERS LIMITED group structure

Stanway Specsavers Limited has no subsidiary companies.

Ultimate parent company

2 parents

STANWAY SPECSAVERS LIMITED

11279149

STANWAY SPECSAVERS LIMITED Shareholders

specsavers uk holdings limited 50.21%
louise marie stanton 14.94%
kiran devi lal 9.96%
rebecca jane longobardi 9.96%
vimal jitendra patel 9.96%
ajanth vairavanathan 4.98%

stanway specsavers limited directors

Stanway Specsavers Limited currently has 9 directors. The longest serving directors include Mr Nicholas Hagan (Apr 2022) and Ms Rebecca Longobardi (Apr 2022).

officercountryagestartendrole
Mr Nicholas HaganEngland46 years Apr 2022- Director
Ms Rebecca LongobardiEngland48 years Apr 2022- Director
Mr Paul FusseyGuernsey58 years Apr 2022- Director
Mr Ajanth VairavanathanEngland33 years Apr 2022- Director
Mr Nigel ParkerGuernsey58 years Apr 2022- Director
Ms Louise StantonEngland47 years Apr 2022- Director
Mr John PerkinsGuernsey52 years Apr 2022- Director
Mr Vimal PatelEngland38 years Apr 2022- Director
Miss Kiran LalEngland34 years Apr 2022- Director

P&L

February 2024

turnover

1m

+107%

operating profit

78.4k

0%

gross margin

54.5%

-17.14%

turnover

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

Balance Sheet

February 2024

net assets

81.5k

+1.28%

total assets

583.8k

+0.11%

cash

258.1k

+0.53%

net assets

Total assets minus all liabilities

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stanway specsavers limited company details

company number

11279149

Type

Private limited with Share Capital

industry

47782 - Retail sale by opticians

incorporation date

March 2018

age

7

incorporated

UK

accounts

Audit Exemption Subsidiary

last accounts submitted

February 2024

previous names

hazel grove specsavers limited (January 2020)

accountant

-

auditor

-

address

forum 6, parkway, solent business park, whiteley, fareham, hampshire, PO15 7PA

Bank

-

Legal Advisor

-

stanway specsavers 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 stanway specsavers limited.

stanway specsavers limited 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.

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stanway specsavers limited Companies House Filings - See Documents

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