hemel hempstead specsavers hearcare limited
hemel hempstead specsavers hearcare limited Company Information
Company Number
11343439
Next Accounts
Nov 2025
Industry
Retail sale of hearing aids in specialised stores
Specialist medical practice activities
Shareholders
specsavers uk holdings limited
geetaben vithalbhai patel
View AllGroup Structure
View All
Contact
Registered Address
forum 6, parkway, solent business park, whiteley, fareham, hampshire, PO15 7PA
Website
newmedica.infohemel hempstead specsavers hearcare limited Estimated Valuation
Pomanda estimates the enterprise value of HEMEL HEMPSTEAD SPECSAVERS HEARCARE LIMITED at £58.6k based on a Turnover of £109.5k and 0.54x industry multiple (adjusted for size and gross margin).
hemel hempstead specsavers hearcare limited Estimated Valuation
Pomanda estimates the enterprise value of HEMEL HEMPSTEAD SPECSAVERS HEARCARE LIMITED at £0 based on an EBITDA of £-4.6k and a 3.45x industry multiple (adjusted for size and gross margin).
hemel hempstead specsavers hearcare limited Estimated Valuation
Pomanda estimates the enterprise value of HEMEL HEMPSTEAD SPECSAVERS HEARCARE LIMITED at £59k based on Net Assets of £20.2k and 2.92x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hemel Hempstead Specsavers Hearcare Limited Overview
Hemel Hempstead Specsavers Hearcare Limited is a live company located in fareham, PO15 7PA with a Companies House number of 11343439. It operates in the retail sale of hearing aids sector, SIC Code 47741. Founded in May 2018, it's largest shareholder is specsavers uk holdings limited with a 50.2% stake. Hemel Hempstead Specsavers Hearcare Limited is a young, micro sized company, Pomanda has estimated its turnover at £109.5k with rapid growth in recent years.
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Hemel Hempstead Specsavers Hearcare Limited Health Check
Pomanda's financial health check has awarded Hemel Hempstead Specsavers Hearcare Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
8 Weak
Size
annual sales of £109.5k, make it smaller than the average company (£23.7m)
- Hemel Hempstead Specsavers Hearcare Limited
£23.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 3000%, show it is growing at a faster rate (14%)
- Hemel Hempstead Specsavers Hearcare Limited
14% - Industry AVG
Production
with a gross margin of 22.1%, this company has a higher cost of product (40.2%)
- Hemel Hempstead Specsavers Hearcare Limited
40.2% - Industry AVG
Profitability
an operating margin of -6.9% make it less profitable than the average company (9.2%)
- Hemel Hempstead Specsavers Hearcare Limited
9.2% - Industry AVG
Employees
with 5 employees, this is below the industry average (10)
5 - Hemel Hempstead Specsavers Hearcare Limited
10 - Industry AVG
Pay Structure
on an average salary of £37.7k, the company has an equivalent pay structure (£37.7k)
- Hemel Hempstead Specsavers Hearcare Limited
£37.7k - Industry AVG
Efficiency
resulting in sales per employee of £21.9k, this is less efficient (£90k)
- Hemel Hempstead Specsavers Hearcare Limited
£90k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is near the average (25 days)
- Hemel Hempstead Specsavers Hearcare Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (39 days)
- Hemel Hempstead Specsavers Hearcare Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 26 days, this is more than average (7 days)
- Hemel Hempstead Specsavers Hearcare Limited
7 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 47 weeks, this is average cash available to meet short term requirements (40 weeks)
47 weeks - Hemel Hempstead Specsavers Hearcare Limited
40 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.6%, this is a higher level of debt than the average (41.7%)
80.6% - Hemel Hempstead Specsavers Hearcare Limited
41.7% - Industry AVG
HEMEL HEMPSTEAD SPECSAVERS HEARCARE LIMITED financials
Hemel Hempstead Specsavers Hearcare Limited's latest turnover from February 2024 is estimated at £109.5 thousand and the company has net assets of £20.2 thousand. According to their latest financial statements, Hemel Hempstead Specsavers Hearcare Limited has 5 employees and maintains cash reserves of £74 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 | ||||||
| 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 | 5 | 5 | 2 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 9,575 | 8,413 | 9,984 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 9,575 | 8,413 | 9,984 | 0 | 0 | 0 |
| Stock & work in progress | 6,124 | 2,630 | 1,517 | 0 | 0 | 0 |
| Trade Debtors | 7,950 | 2,115 | 0 | 1 | 1 | 0 |
| Group Debtors | 5,843 | 562 | 0 | 0 | 0 | 0 |
| Misc Debtors | 563 | 772 | 2,508 | 0 | 0 | 0 |
| Cash | 74,010 | 56,559 | 108,790 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 94,490 | 62,638 | 112,815 | 1 | 1 | 0 |
| total assets | 104,065 | 71,051 | 122,799 | 1 | 1 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 399 | 562 | 420 | 0 | 0 | 0 |
| Group/Directors Accounts | 44,779 | 34,011 | 27,597 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 796 | 3,232 | 0 | 0 | 0 |
| other current liabilities | 35,546 | 9,000 | 17,007 | 0 | 0 | 0 |
| total current liabilities | 80,724 | 44,369 | 48,256 | 0 | 0 | 0 |
| loans | 0 | 0 | 747 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,333 | 936 | 272 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 1,784 | 1,397 | 2,340 | 0 | 0 | 0 |
| total long term liabilities | 3,117 | 2,333 | 3,359 | 0 | 0 | 0 |
| total liabilities | 83,841 | 46,702 | 51,615 | 0 | 0 | 0 |
| net assets | 20,224 | 24,349 | 71,184 | 1 | 1 | 0 |
| total shareholders funds | 20,224 | 24,349 | 71,184 | 1 | 1 | 0 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 2,995 | 2,636 | 1,927 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||
| Stock | 3,494 | 1,113 | 1,517 | 0 | 0 | 0 |
| Debtors | 10,907 | 941 | 2,507 | 0 | 1 | 0 |
| Creditors | -163 | 142 | 420 | 0 | 0 | 0 |
| Accruals and Deferred Income | 26,943 | -7,343 | 17,279 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 387 | -943 | 2,340 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 10,768 | 6,414 | 27,597 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -747 | 747 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -796 | -2,436 | 3,232 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 17,451 | -52,231 | 108,790 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 17,451 | -52,231 | 108,790 | 0 | 0 | 0 |
hemel hempstead specsavers hearcare limited Credit Report and Business Information
Hemel Hempstead Specsavers Hearcare Limited Competitor Analysis
Perform a competitor analysis for hemel hempstead specsavers hearcare 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.
hemel hempstead specsavers hearcare limited Ownership
HEMEL HEMPSTEAD SPECSAVERS HEARCARE LIMITED group structure
Hemel Hempstead Specsavers Hearcare Limited has no subsidiary companies.
Ultimate parent company
SPECSAVERS INTERNATIONAL HEALTHCARE LTD
#0029657
2 parents
HEMEL HEMPSTEAD SPECSAVERS HEARCARE LIMITED
11343439
hemel hempstead specsavers hearcare limited directors
Hemel Hempstead Specsavers Hearcare Limited currently has 5 directors. The longest serving directors include Mrs Meryl Snedden (Nov 2020) and Mr Shyam Suchak (Mar 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Meryl Snedden | Guernsey | 53 years | Nov 2020 | - | Director |
| Mr Shyam Suchak | England | 35 years | Mar 2021 | - | Director |
| Ms Geetaben Patel | England | 61 years | Mar 2021 | - | Director |
| Mr Aashit Patel | England | 60 years | Mar 2021 | - | Director |
| Mr Shaneabbas Bhimani | England | 39 years | Mar 2021 | - | Director |
P&L
February 2024turnover
109.5k
+24%
operating profit
-7.6k
0%
gross margin
22.2%
-6.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
20.2k
-0.17%
total assets
104.1k
+0.46%
cash
74k
+0.31%
net assets
Total assets minus all liabilities
Similar Companies
hemel hempstead specsavers hearcare limited company details
company number
11343439
Type
Private limited with Share Capital
industry
47741 - Retail sale of hearing aids in specialised stores
86220 - Specialist medical practice activities
incorporation date
May 2018
age
7
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
February 2024
previous names
birmingham 4 domiciliary specsavers limited (November 2020)
birmingham south and central newmedica limited (May 2019)
accountant
-
auditor
-
address
forum 6, parkway, solent business park, whiteley, fareham, hampshire, PO15 7PA
Bank
-
Legal Advisor
-
hemel hempstead specsavers hearcare 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 hemel hempstead specsavers hearcare limited.
hemel hempstead specsavers hearcare 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.
Click to start generating capital raising & share issue transactions for HEMEL HEMPSTEAD SPECSAVERS HEARCARE LIMITED. This can take several minutes, an email will notify you when this has completed.
hemel hempstead specsavers hearcare limited Companies House Filings - See Documents
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