my laser hair co birmingham ltd
my laser hair co birmingham ltd Company Information
Company Number
14319066
Website
-Registered Address
509-511 bearwood road, smethwick, west midlands, B66 4BE
Industry
Hairdressing and other beauty treatment
Telephone
-
Next Accounts Due
May 2025
Group Structure
View All
Directors
Satvir Hothi1 Years
Shareholders
satvir hothi 100%
my laser hair co birmingham ltd Estimated Valuation
Pomanda estimates the enterprise value of MY LASER HAIR CO BIRMINGHAM LTD at £57.2k based on a Turnover of £92.2k and 0.62x industry multiple (adjusted for size and gross margin).
my laser hair co birmingham ltd Estimated Valuation
Pomanda estimates the enterprise value of MY LASER HAIR CO BIRMINGHAM LTD at £0 based on an EBITDA of £-766 and a 4.6x industry multiple (adjusted for size and gross margin).
my laser hair co birmingham ltd Estimated Valuation
Pomanda estimates the enterprise value of MY LASER HAIR CO BIRMINGHAM LTD at £0 based on Net Assets of £-766 and 5.21x industry multiple (adjusted for liquidity).
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My Laser Hair Co Birmingham Ltd Overview
My Laser Hair Co Birmingham Ltd is a live company located in west midlands, B66 4BE with a Companies House number of 14319066. It operates in the hairdressing and other beauty treatment sector, SIC Code 96020. Founded in August 2022, it's largest shareholder is satvir hothi with a 100% stake. My Laser Hair Co Birmingham Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £92.2k with unknown growth in recent years.
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My Laser Hair Co Birmingham Ltd Health Check
Pomanda's financial health check has awarded My Laser Hair Co Birmingham Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £92.2k, make it in line with the average company (£83k)
- My Laser Hair Co Birmingham Ltd
£83k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- My Laser Hair Co Birmingham Ltd
- - Industry AVG
Production
with a gross margin of 50.6%, this company has a higher cost of product (72.2%)
- My Laser Hair Co Birmingham Ltd
72.2% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (7%)
- My Laser Hair Co Birmingham Ltd
7% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
- My Laser Hair Co Birmingham Ltd
3 - Industry AVG
Pay Structure
on an average salary of £14.5k, the company has an equivalent pay structure (£14.5k)
- My Laser Hair Co Birmingham Ltd
£14.5k - Industry AVG
Efficiency
resulting in sales per employee of £46.1k, this is more efficient (£33.7k)
- My Laser Hair Co Birmingham Ltd
£33.7k - Industry AVG
Debtor Days
it gets paid by customers after 111 days, this is later than average (35 days)
- My Laser Hair Co Birmingham Ltd
35 days - Industry AVG
Creditor Days
its suppliers are paid after 232 days, this is slower than average (80 days)
- My Laser Hair Co Birmingham Ltd
80 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- My Laser Hair Co Birmingham Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - My Laser Hair Co Birmingham Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 102.7%, this is a higher level of debt than the average (91.3%)
102.7% - My Laser Hair Co Birmingham Ltd
91.3% - Industry AVG
MY LASER HAIR CO BIRMINGHAM LTD financials
My Laser Hair Co Birmingham Ltd's latest turnover from August 2023 is estimated at £92.2 thousand and the company has net assets of -£766. According to their latest financial statements, we estimate that My Laser Hair Co Birmingham Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | |
|---|---|
| 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 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | |
|---|---|
| Tangible Assets | 0 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 0 |
| Stock & work in progress | 0 |
| Trade Debtors | 28,253 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 0 |
| misc current assets | 0 |
| total current assets | 28,253 |
| total assets | 28,253 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 29,019 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 29,019 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 0 |
| total liabilities | 29,019 |
| net assets | -766 |
| total shareholders funds | -766 |
| Aug 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 0 |
| Debtors | 28,253 |
| Creditors | 29,019 |
| Accruals and Deferred Income | 0 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 0 |
| overdraft | 0 |
| change in cash | 0 |
my laser hair co birmingham ltd Credit Report and Business Information
My Laser Hair Co Birmingham Ltd Competitor Analysis
Perform a competitor analysis for my laser hair co birmingham ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
my laser hair co birmingham ltd Ownership
MY LASER HAIR CO BIRMINGHAM LTD group structure
My Laser Hair Co Birmingham Ltd has no subsidiary companies.
Ultimate parent company
MY LASER HAIR CO BIRMINGHAM LTD
14319066
my laser hair co birmingham ltd directors
My Laser Hair Co Birmingham Ltd currently has 1 director, Mr Satvir Hothi serving since Aug 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Satvir Hothi | United Kingdom | 37 years | Aug 2022 | - | Director |
P&L
August 2023turnover
92.2k
0%
operating profit
-766
0%
gross margin
50.7%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-766
0%
total assets
28.3k
0%
cash
0
0%
net assets
Total assets minus all liabilities
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my laser hair co birmingham ltd company details
company number
14319066
Type
Private limited with Share Capital
industry
96020 - Hairdressing and other beauty treatment
incorporation date
August 2022
age
2
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
509-511 bearwood road, smethwick, west midlands, B66 4BE
last accounts submitted
August 2023
my laser hair co birmingham ltd 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 my laser hair co birmingham ltd.
my laser hair co birmingham ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
