salon europe limited
salon europe limited Company Information
Company Number
11993781
Website
-Registered Address
27 furnival street, london, EC4A 1JQ
Industry
Wholesale of radio and television goods and of electrical household appliances (other than of gramophone records, audio tapes, compact discs and video tapes and the equipment on which these are played) n.e.c.
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
balder capital ltd 100%
salon europe limited Estimated Valuation
Pomanda estimates the enterprise value of SALON EUROPE LIMITED at £2.1m based on a Turnover of £6m and 0.35x industry multiple (adjusted for size and gross margin).
salon europe limited Estimated Valuation
Pomanda estimates the enterprise value of SALON EUROPE LIMITED at £0 based on an EBITDA of £-353.4k and a 4x industry multiple (adjusted for size and gross margin).
salon europe limited Estimated Valuation
Pomanda estimates the enterprise value of SALON EUROPE LIMITED at £0 based on Net Assets of £-2.1m and 2.03x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Salon Europe Limited Overview
Salon Europe Limited is a live company located in london, EC4A 1JQ with a Companies House number of 11993781. It operates in the wholesale of household goods (other than musical instruments) n.e.c. sector, SIC Code 46439. Founded in May 2019, it's largest shareholder is balder capital ltd with a 100% stake. Salon Europe Limited is a young, mid sized company, Pomanda has estimated its turnover at £6m with declining growth in recent years.
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Salon Europe Limited Health Check
Pomanda's financial health check has awarded Salon Europe Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 9 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
9 Weak
Size
annual sales of £6m, make it smaller than the average company (£22.1m)
- Salon Europe Limited
£22.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (6.1%)
- Salon Europe Limited
6.1% - Industry AVG
Production
with a gross margin of 21.4%, this company has a comparable cost of product (21.4%)
- Salon Europe Limited
21.4% - Industry AVG
Profitability
an operating margin of -9.4% make it less profitable than the average company (3.8%)
- Salon Europe Limited
3.8% - Industry AVG
Employees
with 14 employees, this is below the industry average (44)
14 - Salon Europe Limited
44 - Industry AVG
Pay Structure
on an average salary of £47.8k, the company has an equivalent pay structure (£47.8k)
- Salon Europe Limited
£47.8k - Industry AVG
Efficiency
resulting in sales per employee of £430.7k, this is less efficient (£530.7k)
- Salon Europe Limited
£530.7k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is near the average (57 days)
- Salon Europe Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (33 days)
- Salon Europe Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 203 days, this is more than average (77 days)
- Salon Europe Limited
77 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Salon Europe Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 131.1%, this is a higher level of debt than the average (59.4%)
131.1% - Salon Europe Limited
59.4% - Industry AVG
SALON EUROPE LIMITED financials
Salon Europe Limited's latest turnover from December 2022 is estimated at £6 million and the company has net assets of -£2.1 million. According to their latest financial statements, Salon Europe Limited has 14 employees and maintains cash reserves of £64.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 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 | 14 | 14 | 14 | 13 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Tangible Assets | 27,987 | 39,029 | 53,268 | 45,674 |
| Intangible Assets | 1,299,897 | 1,502,478 | 1,705,059 | 1,903,516 |
| Investments & Other | 21,526 | 21,526 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,349,410 | 1,563,033 | 1,758,327 | 1,949,190 |
| Stock & work in progress | 2,648,250 | 1,786,875 | 1,473,917 | 1,277,299 |
| Trade Debtors | 945,491 | 1,253,656 | 1,076,191 | 1,850,033 |
| Group Debtors | 735,590 | 535,852 | 0 | 0 |
| Misc Debtors | 853,657 | 1,135,217 | 392,982 | 152,377 |
| Cash | 64,167 | 32,458 | 59,898 | 60,821 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 5,247,155 | 4,744,058 | 3,002,988 | 3,340,530 |
| total assets | 6,596,565 | 6,307,091 | 4,761,315 | 5,289,720 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 5,421 | 4,837 | 0 | 4,712,545 |
| Trade Creditors | 87,992 | 140,164 | 44,257 | 264,711 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 8,515,757 | 7,596,484 | 6,208,930 | 237,535 |
| total current liabilities | 8,609,170 | 7,741,485 | 6,253,187 | 5,214,791 |
| loans | 39,651 | 45,163 | 50,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 8,600 |
| total long term liabilities | 39,651 | 45,163 | 50,000 | 8,600 |
| total liabilities | 8,648,821 | 7,786,648 | 6,303,187 | 5,223,391 |
| net assets | -2,052,256 | -1,479,557 | -1,541,872 | 66,329 |
| total shareholders funds | -2,052,256 | -1,479,557 | -1,541,872 | 66,329 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 13,900 | 14,239 | 11,250 | 4,924 |
| Amortisation | 202,581 | 202,581 | 198,457 | 81,044 |
| Tax | ||||
| Stock | 861,375 | 312,958 | 196,618 | 1,277,299 |
| Debtors | -389,987 | 1,455,552 | -533,237 | 2,002,410 |
| Creditors | -52,172 | 95,907 | -220,454 | 264,711 |
| Accruals and Deferred Income | 919,273 | 1,387,554 | 5,971,395 | 237,535 |
| Deferred Taxes & Provisions | 0 | 0 | -8,600 | 8,600 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 21,526 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 584 | 4,837 | -4,712,545 | 4,712,545 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | -5,512 | -4,837 | 50,000 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 31,709 | -27,440 | -923 | 60,821 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 31,709 | -27,440 | -923 | 60,821 |
salon europe limited Credit Report and Business Information
Salon Europe Limited Competitor Analysis
Perform a competitor analysis for salon europe limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in EC4A area or any other competitors across 12 key performance metrics.
salon europe limited Ownership
SALON EUROPE LIMITED group structure
Salon Europe Limited has no subsidiary companies.
salon europe limited directors
Salon Europe Limited currently has 2 directors. The longest serving directors include Mr Magnus Gundersen (Feb 2023) and Mr Julian Sutton (Feb 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Magnus Gundersen | England | 52 years | Feb 2023 | - | Director |
| Mr Julian Sutton | England | 59 years | Feb 2023 | - | Director |
P&L
December 2022turnover
6m
+3%
operating profit
-569.9k
0%
gross margin
21.4%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-2.1m
+0.39%
total assets
6.6m
+0.05%
cash
64.2k
+0.98%
net assets
Total assets minus all liabilities
salon europe limited company details
company number
11993781
Type
Private limited with Share Capital
industry
46439 - Wholesale of radio and television goods and of electrical household appliances (other than of gramophone records, audio tapes, compact discs and video tapes and the equipment on which these are played) n.e.c.
incorporation date
May 2019
age
5
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
27 furnival street, london, EC4A 1JQ
accountant
-
auditor
-
salon europe 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 found 3 charges/mortgages relating to salon europe limited. Currently there are 2 open charges and 1 have been satisfied in the past.
salon europe limited Companies House Filings - See Documents
| date | description | view/download |
|---|
