Pomanda estimates the enterprise value of KILN LANE SPECSAVERS LIMITED at £204.2k based on a Turnover of £450.4k and 0.45x industry multiple (adjusted for size and gross margin).
kiln lane specsavers limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of KILN LANE SPECSAVERS LIMITED at £0 based on an EBITDA of £-5.2k and a 3.02x industry multiple (adjusted for size and gross margin).
kiln lane specsavers limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of KILN LANE SPECSAVERS LIMITED at £0 based on Net Assets of £-103.5k and 2.39x industry multiple (adjusted for liquidity).
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Kiln Lane Specsavers LimitedOverview
Kiln Lane Specsavers Limited is a live company located in fareham, PO15 7PA with a Companies House number of 11342832. It operates in the retail sale by opticians sector, SIC Code 47782. Founded in May 2018, it's largest shareholder is
specsavers uk holdings limited
with a 50.2% stake. Kiln Lane Specsavers Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£450.4k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Kiln Lane 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 Rating2out of 5
3 Strong
1 Regular
8 Weak
Size
annual sales of £450.4k, make it smaller than the average company (£2.3m)
£450.4k - Kiln Lane Specsavers Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 39%, show it is growing at a faster rate (10.4%)
39% - Kiln Lane Specsavers Limited
10.4% - Industry AVG
Production
with a gross margin of 42.3%, this company has a higher cost of product (60.4%)
42.3% - Kiln Lane Specsavers Limited
60.4% - Industry AVG
Profitability
an operating margin of -14.9% make it less profitable than the average company (9.8%)
-14.9% - Kiln Lane Specsavers Limited
9.8% - Industry AVG
Employees
with 13 employees, this is below the industry average (20)
13 - Kiln Lane Specsavers Limited
20 - Industry AVG
Pay Structure
on an average salary of £30.7k, the company has an equivalent pay structure (£30.7k)
£30.7k - Kiln Lane Specsavers Limited
£30.7k - Industry AVG
Efficiency
resulting in sales per employee of £34.6k, this is less efficient (£88.7k)
£34.6k - Kiln Lane Specsavers Limited
£88.7k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is earlier than average (25 days)
13 days - Kiln Lane Specsavers Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (38 days)
3 days - Kiln Lane Specsavers Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 20 days, this is less than average (37 days)
20 days - Kiln Lane Specsavers Limited
37 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 6 weeks, this is less cash available to meet short term requirements (41 weeks)
6 weeks - Kiln Lane Specsavers Limited
41 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 196.5%, this is a higher level of debt than the average (45.9%)
196.5% - Kiln Lane Specsavers Limited
45.9% - Industry AVG
KILN LANE SPECSAVERS LIMITED financials
EXPORT
Kiln Lane Specsavers Limited's latest turnover from February 2024 is estimated at £450.4 thousand and the company has net assets of -£103.5 thousand. According to their latest financial statements, Kiln Lane Specsavers Limited has 13 employees and maintains cash reserves of £25.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Turnover
450,352
233,047
196,515
168,579
50,105
Other Income Or Grants
Cost Of Sales
260,086
119,077
102,007
122,658
34,380
Gross Profit
190,266
113,970
94,508
45,921
15,726
Admin Expenses
257,306
57,046
48,481
137,371
15,726
Operating Profit
-67,040
56,924
46,027
-91,450
Interest Payable
6,182
13,986
11,037
5,179
Interest Receivable
1,864
1,517
77
Pre-Tax Profit
-71,358
44,456
35,067
-96,629
Tax
-8,447
-6,663
Profit After Tax
-71,358
36,009
28,404
-96,629
Dividends Paid
Retained Profit
-71,358
36,009
28,404
-96,629
Employee Costs
398,931
239,595
224,671
181,246
24,659
Number Of Employees
13
8
8
7
1
EBITDA*
-5,185
56,924
91,852
-48,898
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Tangible Assets
41,516
130,365
177,036
205,519
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
3,851
Total Fixed Assets
41,516
134,216
177,036
205,519
Stock & work in progress
14,364
13,473
14,663
14,162
Trade Debtors
16,566
14,637
7,100
7,435
Group Debtors
912
523
4,383
61
Misc Debtors
8,140
11,039
13,202
8,744
81
1
Cash
25,753
45,259
30,612
40
misc current assets
total current assets
65,735
84,931
69,960
30,402
121
1
total assets
107,251
219,147
246,996
235,921
121
1
Bank overdraft
Bank loan
Trade Creditors
2,536
1,141
2,971
7,315
Group/Directors Accounts
165,054
110,751
103,690
111,016
other short term finances
hp & lease commitments
other current liabilities
43,114
25,907
32,803
36,168
total current liabilities
210,704
137,799
139,464
154,499
loans
109,906
169,804
169,804
hp & lease commitments
Accruals and Deferred Income
3,537
5,832
8,126
other liabilities
provisions
total long term liabilities
113,443
175,636
177,930
total liabilities
210,704
251,242
315,100
332,429
net assets
-103,453
-32,095
-68,104
-96,508
121
1
total shareholders funds
-103,453
-32,095
-68,104
-96,508
121
1
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Operating Activities
Operating Profit
-67,040
56,924
46,027
-91,450
Depreciation
61,855
45,825
42,552
Amortisation
Tax
-8,447
-6,663
Stock
891
-1,190
501
14,162
Debtors
-4,432
5,365
8,445
16,159
80
1
Creditors
1,395
-1,830
-4,344
7,315
Accruals and Deferred Income
13,670
-9,191
-5,659
44,294
Deferred Taxes & Provisions
Cash flow from operations
13,421
33,281
66,240
-27,610
-80
-1
Investing Activities
capital expenditure
26,994
46,671
-17,342
-248,071
Change in Investments
cash flow from investments
26,994
46,671
-17,342
-248,071
Financing Activities
Bank loans
Group/Directors Accounts
54,303
7,061
-7,326
111,016
Other Short Term Loans
Long term loans
-109,906
-59,898
169,804
Hire Purchase and Lease Commitments
other long term liabilities
share issue
120
1
interest
-4,318
-12,469
-10,960
-5,179
cash flow from financing
-59,921
-65,306
-18,286
275,641
120
1
cash and cash equivalents
cash
-19,506
14,647
30,612
-40
40
overdraft
change in cash
-19,506
14,647
30,612
-40
40
kiln lane specsavers limited 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 kiln lane specsavers limited. Get real-time insights into kiln lane specsavers limited's credit score, group structure and payment trends.
Perform a competitor analysis for kiln lane 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.
kiln lane specsavers limited Ownership
KILN LANE SPECSAVERS LIMITED group structure
Kiln Lane Specsavers Limited has no subsidiary companies.
The largest shareholders in Kiln Lane Specsavers Limited include Specsavers Uk Holdings Limited and Mihaela Ovadiuc.
specsavers uk holdings limited
50.21%
mihaela ovadiuc
16.6%
amitkumar patel
16.6%
graham nicklin
16.6%
kiln lane specsavers limited directors
Kiln Lane Specsavers Limited currently has 6 directors.
The longest serving directors include
Mr Paul Carroll (Oct 2019) and
Mr Amitkumar Patel (Jan 2020).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024
net assets
-103.5k
+2.22%
total assets
107.3k
-0.51%
cash
25.8k
-0.43%
net assets
Total assets minus all liabilities
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kiln lane specsavers limited company details
company number
11342832
Type
Private limited with Share Capital
industry
86220 - Specialist medical practice activities
47782 - Retail sale by opticians
incorporation date
May 2018
age
7
incorporated
UK
ultimate parent company
SPECSAVERS INTERNATIONAL HEALTHCARE LTD
accounts
Audit Exemption Subsidiary
last accounts submitted
February 2024
previous names
oldham newmedica limited (October 2019)
accountant
-
auditor
-
address
forum 6, parkway, solent business park, whiteley, fareham, hampshire, PO15 7PA
Bank
-
Legal Advisor
-
kiln lane 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 kiln lane specsavers limited.
kiln lane specsavers limited Capital Raised & Share Issues BETA
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kiln lane specsavers limitedCompanies House Filings - See Documents
