hear always limited
hear always limited Company Information
Company Number
13641788
Website
-Registered Address
unit 310, india mill business centre, darwen, BB3 1AE
Industry
Retail sale of hearing aids in specialised stores
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
amplify hearing ltd 50%
russell borland holdings ltd 50%
hear always limited Estimated Valuation
Pomanda estimates the enterprise value of HEAR ALWAYS LIMITED at £571.2k based on a Turnover of £874.8k and 0.65x industry multiple (adjusted for size and gross margin).
hear always limited Estimated Valuation
Pomanda estimates the enterprise value of HEAR ALWAYS LIMITED at £0 based on an EBITDA of £-16.1k and a 3.65x industry multiple (adjusted for size and gross margin).
hear always limited Estimated Valuation
Pomanda estimates the enterprise value of HEAR ALWAYS LIMITED at £52.5k based on Net Assets of £14.6k and 3.6x industry multiple (adjusted for liquidity).
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Hear Always Limited Overview
Hear Always Limited is a live company located in darwen, BB3 1AE with a Companies House number of 13641788. It operates in the retail sale of hearing aids sector, SIC Code 47741. Founded in September 2021, it's largest shareholder is amplify hearing ltd with a 50% stake. Hear Always Limited is a startup, small sized company, Pomanda has estimated its turnover at £874.8k with unknown growth in recent years.
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Hear Always Limited Health Check
Pomanda's financial health check has awarded Hear Always Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £874.8k, make it smaller than the average company (£47m)
- Hear Always Limited
£47m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Hear Always Limited
- - Industry AVG
Production
with a gross margin of 39.4%, this company has a comparable cost of product (39.4%)
- Hear Always Limited
39.4% - Industry AVG
Profitability
an operating margin of -2.8% make it less profitable than the average company (4.3%)
- Hear Always Limited
4.3% - Industry AVG
Employees
with 8 employees, this is below the industry average (280)
8 - Hear Always Limited
280 - Industry AVG
Pay Structure
on an average salary of £42.8k, the company has an equivalent pay structure (£42.8k)
- Hear Always Limited
£42.8k - Industry AVG
Efficiency
resulting in sales per employee of £109.4k, this is equally as efficient (£103k)
- Hear Always Limited
£103k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is later than average (14 days)
- Hear Always Limited
14 days - Industry AVG
Creditor Days
its suppliers are paid after 55 days, this is slower than average (23 days)
- Hear Always Limited
23 days - Industry AVG
Stock Days
it holds stock equivalent to 7 days, this is less than average (11 days)
- Hear Always Limited
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 26 weeks, this is more cash available to meet short term requirements (6 weeks)
26 weeks - Hear Always Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.8%, this is a higher level of debt than the average (39.4%)
91.8% - Hear Always Limited
39.4% - Industry AVG
HEAR ALWAYS LIMITED financials
Hear Always Limited's latest turnover from December 2023 is estimated at £874.8 thousand and the company has net assets of £14.6 thousand. According to their latest financial statements, Hear Always Limited has 8 employees and maintains cash reserves of £78.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Mar 2022 | |
|---|---|---|---|
| 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 | 8 | 5 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Mar 2022 | |
|---|---|---|---|
| Tangible Assets | 38,933 | 15,310 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 38,933 | 15,310 | 0 |
| Stock & work in progress | 11,224 | 0 | 0 |
| Trade Debtors | 45,838 | 122,569 | 115,512 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 2,174 | 0 | 0 |
| Cash | 78,844 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 138,080 | 122,569 | 115,512 |
| total assets | 177,013 | 137,879 | 115,512 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 80,132 | 100,533 | 63,390 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 72,566 | 0 | 0 |
| total current liabilities | 152,698 | 100,533 | 63,390 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 9,733 | 0 | 0 |
| total long term liabilities | 9,733 | 0 | 0 |
| total liabilities | 162,431 | 100,533 | 63,390 |
| net assets | 14,582 | 37,346 | 52,122 |
| total shareholders funds | 14,582 | 37,346 | 52,122 |
| Dec 2023 | Dec 2022 | Mar 2022 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 8,726 | 0 | |
| Amortisation | 0 | 0 | |
| Tax | |||
| Stock | 11,224 | 0 | 0 |
| Debtors | -74,557 | 122,569 | 115,512 |
| Creditors | -20,401 | 100,533 | 63,390 |
| Accruals and Deferred Income | 72,566 | 0 | 0 |
| Deferred Taxes & Provisions | 9,733 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 78,844 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 78,844 | 0 | 0 |
hear always limited Credit Report and Business Information
Hear Always Limited Competitor Analysis
Perform a competitor analysis for hear always 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 BB3 area or any other competitors across 12 key performance metrics.
hear always limited Ownership
HEAR ALWAYS LIMITED group structure
Hear Always Limited has no subsidiary companies.
Ultimate parent company
HEAR ALWAYS LIMITED
13641788
hear always limited directors
Hear Always Limited currently has 2 directors. The longest serving directors include Mr David Murphy (Sep 2021) and Mr Russell Borland (Feb 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Murphy | England | 53 years | Sep 2021 | - | Director |
| Mr Russell Borland | United Kingdom | 60 years | Feb 2022 | - | Director |
P&L
December 2023turnover
874.8k
-38%
operating profit
-24.8k
0%
gross margin
39.5%
+1.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
14.6k
-0.61%
total assets
177k
+0.28%
cash
78.8k
0%
net assets
Total assets minus all liabilities
Similar Companies
hear always limited company details
company number
13641788
Type
Private limited with Share Capital
industry
47741 - Retail sale of hearing aids in specialised stores
incorporation date
September 2021
age
3
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
H02 MANAGEMENT
auditor
-
address
unit 310, india mill business centre, darwen, BB3 1AE
Bank
-
Legal Advisor
-
hear always 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 hear always limited.
hear always limited Companies House Filings - See Documents
| date | description | view/download |
|---|
