sound advice hearing nottingham ltd Company Information
Company Number
11282050
Website
-Registered Address
1 bramley grove, heighington, lincolnshire, LN4 1FZ
Industry
Retail sale of hearing aids in specialised stores
Telephone
441159517050
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
sound advice hearing limited 100%
sound advice hearing nottingham ltd Estimated Valuation
Pomanda estimates the enterprise value of SOUND ADVICE HEARING NOTTINGHAM LTD at £192.9k based on a Turnover of £274.4k and 0.7x industry multiple (adjusted for size and gross margin).
sound advice hearing nottingham ltd Estimated Valuation
Pomanda estimates the enterprise value of SOUND ADVICE HEARING NOTTINGHAM LTD at £26.9k based on an EBITDA of £7k and a 3.86x industry multiple (adjusted for size and gross margin).
sound advice hearing nottingham ltd Estimated Valuation
Pomanda estimates the enterprise value of SOUND ADVICE HEARING NOTTINGHAM LTD at £2.5k based on Net Assets of £2.9k and 0.86x industry multiple (adjusted for liquidity).
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Sound Advice Hearing Nottingham Ltd Overview
Sound Advice Hearing Nottingham Ltd is a live company located in lincolnshire, LN4 1FZ with a Companies House number of 11282050. It operates in the retail sale of hearing aids sector, SIC Code 47741. Founded in March 2018, it's largest shareholder is sound advice hearing limited with a 100% stake. Sound Advice Hearing Nottingham Ltd is a young, micro sized company, Pomanda has estimated its turnover at £274.4k with declining growth in recent years.
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Sound Advice Hearing Nottingham Ltd Health Check
Pomanda's financial health check has awarded Sound Advice Hearing Nottingham Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £274.4k, make it smaller than the average company (£22.1m)
- Sound Advice Hearing Nottingham Ltd
£22.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (6%)
- Sound Advice Hearing Nottingham Ltd
6% - Industry AVG
Production
with a gross margin of 26.8%, this company has a higher cost of product (39.6%)
- Sound Advice Hearing Nottingham Ltd
39.6% - Industry AVG
Profitability
an operating margin of 2.5% make it less profitable than the average company (5.7%)
- Sound Advice Hearing Nottingham Ltd
5.7% - Industry AVG
Employees
with 4 employees, this is below the industry average (8)
4 - Sound Advice Hearing Nottingham Ltd
8 - Industry AVG
Pay Structure
on an average salary of £30.8k, the company has an equivalent pay structure (£30.8k)
- Sound Advice Hearing Nottingham Ltd
£30.8k - Industry AVG
Efficiency
resulting in sales per employee of £68.6k, this is equally as efficient (£77.5k)
- Sound Advice Hearing Nottingham Ltd
£77.5k - Industry AVG
Debtor Days
it gets paid by customers after 106 days, this is later than average (47 days)
- Sound Advice Hearing Nottingham Ltd
47 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is slower than average (23 days)
- Sound Advice Hearing Nottingham Ltd
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sound Advice Hearing Nottingham Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Sound Advice Hearing Nottingham Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.3%, this is a higher level of debt than the average (35.9%)
96.3% - Sound Advice Hearing Nottingham Ltd
35.9% - Industry AVG
SOUND ADVICE HEARING NOTTINGHAM LTD financials
Sound Advice Hearing Nottingham Ltd's latest turnover from April 2023 is estimated at £274.4 thousand and the company has net assets of £2.9 thousand. According to their latest financial statements, Sound Advice Hearing Nottingham Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
---|---|---|---|---|---|
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 | 4 | 3 | 3 | 3 | |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 0 | 0 | 0 | 0 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 79,825 | 77,975 | 42,307 | 16,431 | 26,099 |
Group Debtors | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 |
total current assets | 79,825 | 77,975 | 42,307 | 16,431 | 26,099 |
total assets | 79,825 | 77,975 | 42,307 | 16,431 | 26,099 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 17,444 | 18,816 | 17,510 | 36,486 | 46,971 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 17,444 | 18,816 | 17,510 | 36,486 | 46,971 |
loans | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 54,957 | 54,957 | 34,957 | 0 | 0 |
other liabilities | 4,500 | 6,500 | 9,000 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 59,457 | 61,457 | 43,957 | 0 | 0 |
total liabilities | 76,901 | 80,273 | 61,467 | 36,486 | 46,971 |
net assets | 2,924 | -2,298 | -19,160 | -20,055 | -20,872 |
total shareholders funds | 2,924 | -2,298 | -19,160 | -20,055 | -20,872 |
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
---|---|---|---|---|---|
Operating Activities | |||||
Operating Profit | |||||
Depreciation | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 |
Tax | |||||
Stock | 0 | 0 | 0 | 0 | 0 |
Debtors | 1,850 | 35,668 | 25,876 | -9,668 | 26,099 |
Creditors | -1,372 | 1,306 | -18,976 | -10,485 | 46,971 |
Accruals and Deferred Income | 0 | 20,000 | 34,957 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||
Investing Activities | |||||
capital expenditure | |||||
Change in Investments | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||
Financing Activities | |||||
Bank loans | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -2,000 | -2,500 | 9,000 | 0 | 0 |
share issue | |||||
interest | |||||
cash flow from financing | |||||
cash and cash equivalents | |||||
cash | 0 | 0 | 0 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 |
sound advice hearing nottingham ltd Credit Report and Business Information
Sound Advice Hearing Nottingham Ltd Competitor Analysis
Perform a competitor analysis for sound advice hearing nottingham ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in LN4 area or any other competitors across 12 key performance metrics.
sound advice hearing nottingham ltd Ownership
SOUND ADVICE HEARING NOTTINGHAM LTD group structure
Sound Advice Hearing Nottingham Ltd has no subsidiary companies.
Ultimate parent company
1 parent
SOUND ADVICE HEARING NOTTINGHAM LTD
11282050
sound advice hearing nottingham ltd directors
Sound Advice Hearing Nottingham Ltd currently has 4 directors. The longest serving directors include Mr Robert Allen (Mar 2018) and Mr Shafat Khan (Mar 2018).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Robert Allen | England | 59 years | Mar 2018 | - | Director |
Mr Shafat Khan | England | 45 years | Mar 2018 | - | Director |
Mrs Anne-Marie Scigala | United Kingdom | 52 years | Mar 2018 | - | Director |
Mr Paul Scigala | England | 55 years | Mar 2018 | - | Director |
P&L
April 2023turnover
274.4k
+8%
operating profit
7k
0%
gross margin
26.8%
+0.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
2.9k
-2.27%
total assets
79.8k
+0.02%
cash
0
0%
net assets
Total assets minus all liabilities
sound advice hearing nottingham ltd company details
company number
11282050
Type
Private limited with Share Capital
industry
47741 - Retail sale of hearing aids in specialised stores
incorporation date
March 2018
age
6
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
April 2023
address
1 bramley grove, heighington, lincolnshire, LN4 1FZ
accountant
-
auditor
-
sound advice hearing nottingham 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 sound advice hearing nottingham ltd.
sound advice hearing nottingham ltd Companies House Filings - See Documents
date | description | view/download |
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