wembley park specsavers limited

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wembley park specsavers limited Company Information

Share WEMBLEY PARK SPECSAVERS LIMITED

Company Number

11334732

Shareholders

specsavers uk holdings limited

hardika ladwa

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Group Structure

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Industry

Specialist medical practice activities

 +1

Registered Address

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

wembley park specsavers limited Estimated Valuation

£169.5k

Pomanda estimates the enterprise value of WEMBLEY PARK SPECSAVERS LIMITED at £169.5k based on a Turnover of £340.8k and 0.5x industry multiple (adjusted for size and gross margin).

wembley park specsavers limited Estimated Valuation

£294.8k

Pomanda estimates the enterprise value of WEMBLEY PARK SPECSAVERS LIMITED at £294.8k based on an EBITDA of £90.5k and a 3.26x industry multiple (adjusted for size and gross margin).

wembley park specsavers limited Estimated Valuation

£0

Pomanda estimates the enterprise value of WEMBLEY PARK SPECSAVERS LIMITED at £0 based on Net Assets of £-57.8k and 2.63x industry multiple (adjusted for liquidity).

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Wembley Park Specsavers Limited Overview

Wembley Park Specsavers Limited is a live company located in fareham, PO15 7PA with a Companies House number of 11334732. It operates in the retail sale by opticians sector, SIC Code 47782. Founded in April 2018, it's largest shareholder is specsavers uk holdings limited with a 50.2% stake. Wembley Park Specsavers Limited is a young, micro sized company, Pomanda has estimated its turnover at £340.8k with rapid growth in recent years.

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Wembley Park Specsavers Limited Health Check

Pomanda's financial health check has awarded Wembley Park Specsavers Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £340.8k, make it smaller than the average company (£2.3m)

£340.8k - Wembley Park Specsavers Limited

£2.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 3817%, show it is growing at a faster rate (10.9%)

3817% - Wembley Park Specsavers Limited

10.9% - Industry AVG

production

Production

with a gross margin of 42.2%, this company has a higher cost of product (60.8%)

42.2% - Wembley Park Specsavers Limited

60.8% - Industry AVG

profitability

Profitability

an operating margin of 1.4% make it less profitable than the average company (9.8%)

1.4% - Wembley Park Specsavers Limited

9.8% - Industry AVG

employees

Employees

with 10 employees, this is below the industry average (20)

10 - Wembley Park Specsavers Limited

20 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.7k, the company has an equivalent pay structure (£30.7k)

£30.7k - Wembley Park Specsavers Limited

£30.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £34.1k, this is less efficient (£87.7k)

£34.1k - Wembley Park Specsavers Limited

£87.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 11 days, this is earlier than average (25 days)

11 days - Wembley Park Specsavers Limited

25 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 14 days, this is quicker than average (41 days)

14 days - Wembley Park Specsavers Limited

41 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 23 days, this is less than average (37 days)

23 days - Wembley Park Specsavers Limited

37 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (41 weeks)

5 weeks - Wembley Park Specsavers Limited

41 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 115.1%, this is a higher level of debt than the average (46.6%)

115.1% - Wembley Park Specsavers Limited

46.6% - Industry AVG

WEMBLEY PARK SPECSAVERS LIMITED financials

EXPORTms excel logo

Wembley Park Specsavers Limited's latest turnover from February 2024 is estimated at £340.8 thousand and the company has net assets of -£57.8 thousand. According to their latest financial statements, Wembley Park Specsavers Limited has 10 employees and maintains cash reserves of £21.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019
Turnover340,849191,1514670
Other Income Or Grants000000
Cost Of Sales196,90197,6232450
Gross Profit143,94893,5282220
Admin Expenses139,048119,8292220
Operating Profit4,900-26,3010000
Interest Payable26,34414,0740000
Interest Receivable2,4811,4610000
Pre-Tax Profit-18,963-38,9140000
Tax000000
Profit After Tax-18,963-38,9140000
Dividends Paid000000
Retained Profit-18,963-38,9140000
Employee Costs306,738180,59528,25825,89224,5600
Number Of Employees1061110
EBITDA*90,54814,2770000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019
Tangible Assets320,608354,9160000
Intangible Assets000000
Investments & Other000000
Debtors (Due After 1 year)000000
Total Fixed Assets320,608354,9160000
Stock & work in progress12,68614,3870000
Trade Debtors10,88317,8501110
Group Debtors000000
Misc Debtors16,69310,6710000
Cash21,44473,0700000
misc current assets000000
total current assets61,706115,9781110
total assets382,314470,8941110
Bank overdraft000000
Bank loan000000
Trade Creditors 7,86010,2290000
Group/Directors Accounts152,710134,1410000
other short term finances000000
hp & lease commitments000000
other current liabilities55,81641,9570000
total current liabilities216,386186,3270000
loans186,851281,4850000
hp & lease commitments000000
Accruals and Deferred Income36,83341,8750000
other liabilities000000
provisions000000
total long term liabilities223,684323,3600000
total liabilities440,070509,6870000
net assets-57,756-38,7931110
total shareholders funds-57,756-38,7931110
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019
Operating Activities
Operating Profit4,900-26,3010000
Depreciation85,64840,5780000
Amortisation000000
Tax000000
Stock-1,70114,3870000
Debtors-94528,5200010
Creditors-2,36910,2290000
Accruals and Deferred Income8,81783,8320000
Deferred Taxes & Provisions000000
Cash flow from operations99,64265,43100-10
Investing Activities
capital expenditure-51,340-395,4940000
Change in Investments000000
cash flow from investments-51,340-395,4940000
Financing Activities
Bank loans000000
Group/Directors Accounts18,569134,1410000
Other Short Term Loans 000000
Long term loans-94,634281,4850000
Hire Purchase and Lease Commitments000000
other long term liabilities000000
share issue01200010
interest-23,863-12,6130000
cash flow from financing-99,928403,1330010
cash and cash equivalents
cash-51,62673,0700000
overdraft000000
change in cash-51,62673,0700000

wembley park 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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Wembley Park Specsavers Limited Competitor Analysis

competitor_analysis_table_img

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

wembley park specsavers limited Ownership

WEMBLEY PARK SPECSAVERS LIMITED group structure

Wembley Park Specsavers Limited has no subsidiary companies.

Ultimate parent company

2 parents

WEMBLEY PARK SPECSAVERS LIMITED

11334732

WEMBLEY PARK SPECSAVERS LIMITED Shareholders

specsavers uk holdings limited 50.21%
hardika ladwa 24.9%
lyndon matroos 12.45%
rakesh kumar kapoor 12.45%

wembley park specsavers limited directors

Wembley Park Specsavers Limited currently has 3 directors. The longest serving directors include Mr Rakesh Kapoor (Dec 2021) and Miss Hardika Ladwa (Dec 2021).

officercountryagestartendrole
Mr Rakesh KapoorEngland54 years Dec 2021- Director
Miss Hardika LadwaEngland48 years Dec 2021- Director
Mr Lyndon MatroosEngland51 years Dec 2021- Director

P&L

February 2024

turnover

340.8k

+78%

operating profit

4.9k

0%

gross margin

42.3%

-13.69%

turnover

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

Balance Sheet

February 2024

net assets

-57.8k

+0.49%

total assets

382.3k

-0.19%

cash

21.4k

-0.71%

net assets

Total assets minus all liabilities

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wembley park specsavers limited company details

company number

11334732

Type

Private limited with Share Capital

industry

86220 - Specialist medical practice activities

47782 - Retail sale by opticians

incorporation date

April 2018

age

7

incorporated

UK

accounts

Audit Exemption Subsidiary

last accounts submitted

February 2024

previous names

cambridgeshire and peterborough newmedica limited (September 2019)

accountant

-

auditor

-

address

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

Bank

-

Legal Advisor

-

wembley park 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 wembley park specsavers limited.

wembley park 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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wembley park specsavers limited Companies House Filings - See Documents

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