leicester north specsavers limitedEstimated Valuation
£347.2k
Pomanda estimates the enterprise value of LEICESTER NORTH SPECSAVERS LIMITED at £347.2k based on a Turnover of £582.5k and 0.6x industry multiple (adjusted for size and gross margin).
leicester north specsavers limitedEstimated Valuation
£165.2k
Pomanda estimates the enterprise value of LEICESTER NORTH SPECSAVERS LIMITED at £165.2k based on an EBITDA of £47.4k and a 3.48x industry multiple (adjusted for size and gross margin).
leicester north specsavers limitedEstimated Valuation
£97k
Pomanda estimates the enterprise value of LEICESTER NORTH SPECSAVERS LIMITED at £97k based on Net Assets of £34.2k and 2.84x industry multiple (adjusted for liquidity).
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Leicester North Specsavers LimitedOverview
Leicester North Specsavers Limited is a live company located in fareham, PO15 7PA with a Companies House number of 11488749. It operates in the retail sale by opticians sector, SIC Code 47782. Founded in July 2018, it's largest shareholder is
specsavers uk holdings limited
with a 50.2% stake. Leicester North Specsavers Limited is a young,
small sized company, Pomanda has estimated its turnover at
£582.5k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Leicester North Specsavers Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
8 Weak
Size
annual sales of £582.5k, make it smaller than the average company (£4.1m)
£582.5k - Leicester North Specsavers Limited
£4.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (12.5%)
5% - Leicester North Specsavers Limited
12.5% - Industry AVG
Production
with a gross margin of 54.4%, this company has a higher cost of product (68.1%)
54.4% - Leicester North Specsavers Limited
68.1% - Industry AVG
Profitability
an operating margin of -1.8% make it less profitable than the average company (5.5%)
-1.8% - Leicester North Specsavers Limited
5.5% - Industry AVG
Employees
with 14 employees, this is below the industry average (33)
14 - Leicester North Specsavers Limited
33 - Industry AVG
Pay Structure
on an average salary of £30.9k, the company has an equivalent pay structure (£30.9k)
£30.9k - Leicester North Specsavers Limited
£30.9k - Industry AVG
Efficiency
resulting in sales per employee of £41.6k, this is less efficient (£102k)
£41.6k - Leicester North Specsavers Limited
£102k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is near the average (13 days)
11 days - Leicester North Specsavers Limited
13 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (43 days)
4 days - Leicester North Specsavers Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 16 days, this is less than average (60 days)
16 days - Leicester North Specsavers Limited
60 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 27 weeks, this is more cash available to meet short term requirements (12 weeks)
27 weeks - Leicester North Specsavers Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.4%, this is a higher level of debt than the average (58.8%)
81.4% - Leicester North Specsavers Limited
58.8% - Industry AVG
LEICESTER NORTH SPECSAVERS LIMITED financials
EXPORT
Leicester North Specsavers Limited's latest turnover from February 2024 is estimated at £582.5 thousand and the company has net assets of £34.2 thousand. According to their latest financial statements, Leicester North Specsavers Limited has 14 employees and maintains cash reserves of £79.2 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
582,549
363,732
293,359
501,809
579,764
625,246
Other Income Or Grants
Cost Of Sales
265,592
124,880
119,606
393,731
432,787
462,932
Gross Profit
316,957
238,852
173,753
108,078
146,978
162,315
Admin Expenses
327,270
206,372
137,667
-12,614
196,638
208,497
Operating Profit
-10,313
32,480
36,086
120,692
-49,660
-46,182
Interest Payable
950
3,370
5,449
8,533
5,488
Interest Receivable
4,128
3,421
414
41
108
77
Pre-Tax Profit
-7,136
32,531
31,051
112,200
-55,040
-46,105
Tax
-6,181
-5,900
-21,318
Profit After Tax
-7,136
26,350
25,151
90,882
-55,040
-46,105
Dividends Paid
Retained Profit
-7,136
26,350
25,151
90,882
-55,040
-46,105
Employee Costs
433,141
411,529
327,905
249,096
275,317
283,192
Number Of Employees
14
13
11
10
12
12
EBITDA*
47,397
76,423
85,645
171,468
-1,202
-34,280
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Tangible Assets
53,059
83,155
124,687
167,772
214,436
236,206
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
11,651
8,545
4,488
2,532
Total Fixed Assets
64,710
91,700
129,175
170,304
214,436
236,206
Stock & work in progress
12,186
12,115
11,205
11,751
14,223
12,128
Trade Debtors
18,267
15,757
18,411
53,826
23,695
33,157
Group Debtors
45
612
631
1,557
Misc Debtors
9,131
9,574
7,348
6,863
6,612
11,115
Cash
79,160
78,078
92,980
72,717
8,392
20,407
misc current assets
total current assets
118,789
116,136
129,944
145,157
53,553
78,364
total assets
183,499
207,836
259,119
315,461
267,989
314,570
Bank overdraft
Bank loan
Trade Creditors
3,150
1,572
2,877
3,958
20,440
9,926
Group/Directors Accounts
46,407
80,942
107,278
140,489
157,559
331,490
other short term finances
hp & lease commitments
other current liabilities
99,377
66,193
82,020
62,040
28,414
16,098
total current liabilities
148,934
148,707
192,175
206,487
206,413
357,514
loans
16,889
50,514
117,155
162,600
hp & lease commitments
Accruals and Deferred Income
342
881
1,421
1,961
3,040
other liabilities
provisions
total long term liabilities
342
17,770
51,935
119,116
162,600
3,040
total liabilities
149,276
166,477
244,110
325,603
369,013
360,554
net assets
34,223
41,359
15,009
-10,142
-101,024
-45,984
total shareholders funds
34,223
41,359
15,009
-10,142
-101,024
-45,984
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Operating Activities
Operating Profit
-10,313
32,480
36,086
120,692
-49,660
-46,182
Depreciation
57,710
43,943
49,559
50,776
48,458
11,902
Amortisation
Tax
-6,181
-5,900
-21,318
Stock
71
910
-546
-2,472
2,095
12,128
Debtors
4,606
4,241
-32,974
32,283
-14,891
45,829
Creditors
1,578
-1,305
-1,081
-16,482
10,514
9,926
Accruals and Deferred Income
32,645
-16,367
19,440
35,587
9,276
19,138
Deferred Taxes & Provisions
Cash flow from operations
76,943
47,419
131,624
139,444
31,384
-63,173
Investing Activities
capital expenditure
-27,614
-2,411
-6,474
-4,112
-26,688
-248,108
Change in Investments
cash flow from investments
-27,614
-2,411
-6,474
-4,112
-26,688
-248,108
Financing Activities
Bank loans
Group/Directors Accounts
-34,535
-26,336
-33,211
-17,070
-173,931
331,490
Other Short Term Loans
Long term loans
-16,889
-33,625
-66,641
-45,445
162,600
Hire Purchase and Lease Commitments
other long term liabilities
share issue
121
interest
3,178
51
-5,035
-8,492
-5,380
77
cash flow from financing
-48,246
-59,910
-104,887
-71,007
-16,711
331,688
cash and cash equivalents
cash
1,082
-14,902
20,263
64,325
-12,015
20,407
overdraft
change in cash
1,082
-14,902
20,263
64,325
-12,015
20,407
leicester north 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 leicester north specsavers limited. Get real-time insights into leicester north specsavers limited's credit score, group structure and payment trends.
Leicester North Specsavers Limited Competitor Analysis
Perform a competitor analysis for leicester north 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.
leicester north specsavers limited Ownership
LEICESTER NORTH SPECSAVERS LIMITED group structure
Leicester North Specsavers Limited has no subsidiary companies.
The largest shareholders in Leicester North Specsavers Limited include Specsavers Uk Holdings Limited and Rekesh Gadhia.
specsavers uk holdings limited
50.21%
rekesh gadhia
24.9%
nimesh popat
12.45%
hina kishorlal popat
12.45%
leicester north specsavers limited directors
Leicester North Specsavers Limited currently has 4 directors.
The longest serving directors include
Mr Nimesh Popat (Sep 2018) and
Mrs Hina Popat (Sep 2018).
forum 6, parkway, solent business park, whiteley, fareham, hampshire, PO15 7PA
Bank
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Legal Advisor
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leicester north 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 leicester north specsavers limited.
leicester north 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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leicester north specsavers limitedCompanies House Filings - See Documents
