glossbar salon limited

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glossbar salon limited Company Information

Share GLOSSBAR SALON LIMITED

Company Number

12155652

Directors

Emily McNair

Jemma Pogson

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Shareholders

jemma victoria pogson

emily mcnair

Group Structure

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Industry

Hairdressing and other beauty treatment

 

Registered Address

stanmore house, 64 - 68 blackburn street, manchester, M26 2JS

Website

-

glossbar salon limited Estimated Valuation

£16.9k

Pomanda estimates the enterprise value of GLOSSBAR SALON LIMITED at £16.9k based on a Turnover of £33.8k and 0.5x industry multiple (adjusted for size and gross margin).

glossbar salon limited Estimated Valuation

£18.5k

Pomanda estimates the enterprise value of GLOSSBAR SALON LIMITED at £18.5k based on an EBITDA of £4.7k and a 3.97x industry multiple (adjusted for size and gross margin).

glossbar salon limited Estimated Valuation

£28.5k

Pomanda estimates the enterprise value of GLOSSBAR SALON LIMITED at £28.5k based on Net Assets of £7.5k and 3.83x industry multiple (adjusted for liquidity).

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Glossbar Salon Limited Overview

Glossbar Salon Limited is a live company located in manchester, M26 2JS with a Companies House number of 12155652. It operates in the hairdressing and other beauty treatment sector, SIC Code 96020. Founded in August 2019, it's largest shareholder is jemma victoria pogson with a 50% stake. Glossbar Salon Limited is a young, micro sized company, Pomanda has estimated its turnover at £33.8k with unknown growth in recent years.

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Glossbar Salon Limited Health Check

Pomanda's financial health check has awarded Glossbar Salon Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £33.8k, make it smaller than the average company (£99.4k)

£33.8k - Glossbar Salon Limited

£99.4k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Glossbar Salon Limited

- - Industry AVG

production

Production

with a gross margin of 44.8%, this company has a higher cost of product (75.7%)

44.8% - Glossbar Salon Limited

75.7% - Industry AVG

profitability

Profitability

an operating margin of 13.8% make it more profitable than the average company (7.7%)

13.8% - Glossbar Salon Limited

7.7% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (5)

3 - Glossbar Salon Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £13.1k, the company has an equivalent pay structure (£13.1k)

£13.1k - Glossbar Salon Limited

£13.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £11.3k, this is less efficient (£26.4k)

£11.3k - Glossbar Salon Limited

£26.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 94 days, this is later than average (67 days)

94 days - Glossbar Salon Limited

67 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 18 days, this is quicker than average (57 days)

18 days - Glossbar Salon Limited

57 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Glossbar Salon Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Glossbar Salon Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 24.3%, this is a lower level of debt than the average (93.6%)

24.3% - Glossbar Salon Limited

93.6% - Industry AVG

GLOSSBAR SALON LIMITED financials

EXPORTms excel logo

Glossbar Salon Limited's latest turnover from August 2021 is estimated at £33.8 thousand and the company has net assets of £7.5 thousand. According to their latest financial statements, Glossbar Salon Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2021Aug 2020
Turnover33,80342,448
Other Income Or Grants
Cost Of Sales18,67621,844
Gross Profit15,12720,604
Admin Expenses10,47116,046
Operating Profit4,6564,558
Interest Payable
Interest Receivable
Pre-Tax Profit4,6564,558
Tax-885-866
Profit After Tax3,7713,692
Dividends Paid
Retained Profit3,7713,692
Employee Costs39,37038,471
Number Of Employees33
EBITDA*4,6564,558

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2021Aug 2020
Tangible Assets1,147
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,147
Stock & work in progress
Trade Debtors8,7115,974
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets8,7115,974
total assets9,8585,974
Bank overdraft
Bank loan
Trade Creditors 955842
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities955842
loans
hp & lease commitments
Accruals and Deferred Income1,4401,440
other liabilities
provisions
total long term liabilities1,4401,440
total liabilities2,3952,282
net assets7,4633,692
total shareholders funds7,4633,692
Aug 2021Aug 2020
Operating Activities
Operating Profit4,6564,558
Depreciation
Amortisation
Tax-885-866
Stock
Debtors2,7375,974
Creditors113842
Accruals and Deferred Income1,440
Deferred Taxes & Provisions
Cash flow from operations1,147
Investing Activities
capital expenditure-1,147
Change in Investments
cash flow from investments-1,147
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash

glossbar salon 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 glossbar salon limited. Get real-time insights into glossbar salon limited's credit score, group structure and payment trends.

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Glossbar Salon Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for glossbar salon limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in M26 area or any other competitors across 12 key performance metrics.

glossbar salon limited Ownership

GLOSSBAR SALON LIMITED group structure

Glossbar Salon Limited has no subsidiary companies.

Ultimate parent company

GLOSSBAR SALON LIMITED

12155652

GLOSSBAR SALON LIMITED Shareholders

jemma victoria pogson 50%
emily mcnair 50%

glossbar salon limited directors

Glossbar Salon Limited currently has 3 directors. The longest serving directors include Miss Emily McNair (Aug 2019) and Miss Jemma Pogson (Aug 2019).

officercountryagestartendrole
Miss Emily McNairUnited Kingdom31 years Aug 2019- Director
Miss Jemma Pogson33 years Aug 2019- Director
Mr Mark Pogson67 years Aug 2019- Director

P&L

August 2021

turnover

33.8k

-20%

operating profit

4.7k

0%

gross margin

44.8%

-7.81%

turnover

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

Balance Sheet

August 2021

net assets

7.5k

+1.02%

total assets

9.9k

+0.65%

cash

0

0%

net assets

Total assets minus all liabilities

glossbar salon limited company details

company number

12155652

Type

Private limited with Share Capital

industry

96020 - Hairdressing and other beauty treatment

incorporation date

August 2019

age

6

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

August 2021

previous names

N/A

accountant

GORTONS

auditor

-

address

stanmore house, 64 - 68 blackburn street, manchester, M26 2JS

Bank

-

Legal Advisor

-

glossbar salon 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 glossbar salon limited.

glossbar salon 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 GLOSSBAR SALON LIMITED. This can take several minutes, an email will notify you when this has completed.

glossbar salon limited Companies House Filings - See Documents

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