Pomanda estimates the enterprise value of MCGUINNESS OPTICIANS LIMITED at £90.4k based on a Turnover of £199.1k and 0.45x industry multiple (adjusted for size and gross margin).
mcguinness opticians limitedEstimated Valuation
£45.6k
Pomanda estimates the enterprise value of MCGUINNESS OPTICIANS LIMITED at £45.6k based on an EBITDA of £14.1k and a 3.24x industry multiple (adjusted for size and gross margin).
mcguinness opticians limitedEstimated Valuation
£1k
Pomanda estimates the enterprise value of MCGUINNESS OPTICIANS LIMITED at £1k based on Net Assets of £523 and 2.01x industry multiple (adjusted for liquidity).
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Mcguinness Opticians LimitedOverview
Mcguinness Opticians Limited is a live company located in maghera, BT46 5BN with a Companies House number of NI627028. It operates in the specialists medical practice activities sector, SIC Code 86220. Founded in October 2014, it's largest shareholder is
roisin mcguinness
with a 100% stake. Mcguinness Opticians Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£199.1k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Mcguinness Opticians Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 9 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
2 Regular
9 Weak
Size
annual sales of £199.1k, make it smaller than the average company (£488.2k)
£199.1k - Mcguinness Opticians Limited
£488.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (7.6%)
5% - Mcguinness Opticians Limited
7.6% - Industry AVG
Production
with a gross margin of 52.8%, this company has a comparable cost of product (52.8%)
52.8% - Mcguinness Opticians Limited
52.8% - Industry AVG
Profitability
an operating margin of -1.4% make it less profitable than the average company (14.7%)
-1.4% - Mcguinness Opticians Limited
14.7% - Industry AVG
Employees
with 5 employees, this is below the industry average (11)
5 - Mcguinness Opticians Limited
11 - Industry AVG
Pay Structure
on an average salary of £30.5k, the company has an equivalent pay structure (£30.5k)
£30.5k - Mcguinness Opticians Limited
£30.5k - Industry AVG
Efficiency
resulting in sales per employee of £39.8k, this is less efficient (£72.7k)
£39.8k - Mcguinness Opticians Limited
£72.7k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is earlier than average (37 days)
15 days - Mcguinness Opticians Limited
37 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (34 days)
15 days - Mcguinness Opticians Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 99 days, this is more than average (11 days)
99 days - Mcguinness Opticians Limited
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 29 weeks, this is less cash available to meet short term requirements (74 weeks)
29 weeks - Mcguinness Opticians Limited
74 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.5%, this is a higher level of debt than the average (29.4%)
99.5% - Mcguinness Opticians Limited
29.4% - Industry AVG
MCGUINNESS OPTICIANS LIMITED financials
EXPORT
Mcguinness Opticians Limited's latest turnover from March 2024 is estimated at £199.1 thousand and the company has net assets of £523. According to their latest financial statements, Mcguinness Opticians Limited has 5 employees and maintains cash reserves of £52.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Turnover
199,081
209,327
196,948
172,945
186,697
179,590
163,778
169,538
213,868
139,243
Other Income Or Grants
Cost Of Sales
93,936
96,894
79,124
76,859
71,726
67,882
57,122
48,593
68,134
40,984
Gross Profit
105,144
112,433
117,825
96,086
114,972
111,709
106,656
120,945
145,734
98,259
Admin Expenses
107,853
113,136
119,436
90,285
113,950
112,612
116,069
118,799
124,454
98,285
Operating Profit
-2,709
-703
-1,611
5,801
1,022
-903
-9,413
2,146
21,280
-26
Interest Payable
1,233
1,526
2,255
1,997
1,444
2,682
3,589
1,964
488
488
Interest Receivable
3,095
3,065
684
95
88
682
430
167
143
9
Pre-Tax Profit
-847
836
-3,183
3,899
-334
-2,902
-12,572
350
20,936
-504
Tax
-159
-741
-70
-4,187
Profit After Tax
-847
677
-3,183
3,158
-334
-2,902
-12,572
280
16,749
-504
Dividends Paid
Retained Profit
-847
677
-3,183
3,158
-334
-2,902
-12,572
280
16,749
-504
Employee Costs
152,308
147,255
134,866
131,000
128,831
132,333
122,793
133,632
145,383
89,664
Number Of Employees
5
5
5
5
5
5
5
5
5
3
EBITDA*
14,083
16,171
14,229
21,764
27,371
25,512
16,895
28,413
47,313
2,140
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Tangible Assets
16,905
33,697
45,191
60,482
9,588
2,520
3,261
3,949
5,217
4,917
Intangible Assets
22,917
47,917
72,917
97,917
122,917
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
16,905
33,697
45,191
60,482
9,588
25,437
51,178
76,866
103,134
127,834
Stock & work in progress
25,506
25,910
26,125
25,150
32,225
38,068
31,137
30,104
26,242
21,333
Trade Debtors
8,327
11,126
9,654
7,593
8,871
9,913
8,047
9,189
8,387
6,654
Group Debtors
Misc Debtors
645
501
31,500
975
250
295
Cash
52,604
65,287
78,934
103,361
86,185
90,216
91,751
80,316
53,624
3,694
misc current assets
total current assets
87,082
102,824
114,713
167,604
128,256
138,447
131,230
119,609
88,253
31,681
total assets
103,987
136,521
159,904
228,086
137,844
163,884
182,408
196,475
191,387
159,515
Bank overdraft
16,055
Bank loan
4,259
4,259
4,259
15,472
15,733
16,055
Trade Creditors
4,020
3,900
3,950
4,510
5,500
6,729
5,010
4,950
114,514
85,018
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
84,178
105,699
119,541
144,500
116,154
124,239
125,847
112,157
total current liabilities
92,457
113,858
127,750
149,010
137,126
146,701
146,912
133,162
114,514
85,018
loans
4,707
8,693
12,561
50,000
16,131
31,542
46,787
15,000
hp & lease commitments
Accruals and Deferred Income
6,300
12,600
18,900
25,200
other liabilities
60,627
60,000
provisions
total long term liabilities
11,007
21,293
31,461
75,200
16,131
31,542
46,787
60,627
75,000
total liabilities
103,464
135,151
159,211
224,210
137,126
162,832
178,454
179,949
175,141
160,018
net assets
523
1,370
693
3,876
718
1,052
3,954
16,526
16,246
-503
total shareholders funds
523
1,370
693
3,876
718
1,052
3,954
16,526
16,246
-503
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Operating Activities
Operating Profit
-2,709
-703
-1,611
5,801
1,022
-903
-9,413
2,146
21,280
-26
Depreciation
16,792
16,874
15,840
15,963
3,432
1,415
1,308
1,267
1,033
83
Amortisation
22,917
25,000
25,000
25,000
25,000
2,083
Tax
-159
-741
-70
-4,187
Stock
-404
-215
975
-7,075
-5,843
6,931
1,033
3,862
4,909
21,333
Debtors
-2,655
1,973
-29,439
29,247
-317
1,821
-847
802
1,733
6,654
Creditors
120
-50
-560
-990
-1,229
1,719
60
-109,564
29,496
85,018
Accruals and Deferred Income
-27,821
-20,142
-31,259
53,546
-8,085
-1,608
13,690
112,157
Deferred Taxes & Provisions
Cash flow from operations
-10,559
-5,938
10,874
51,407
24,217
16,871
30,459
26,272
65,980
59,171
Investing Activities
capital expenditure
-5,380
-549
-66,857
-10,500
-674
-620
1
-1,333
-130,000
Change in Investments
cash flow from investments
-5,380
-549
-66,857
-10,500
-674
-620
1
-1,333
-130,000
Financing Activities
Bank loans
4,259
-15,472
-261
-322
16,055
Group/Directors Accounts
Other Short Term Loans
Long term loans
-3,986
-3,868
-37,439
50,000
-16,131
-15,411
-15,245
46,787
-15,000
15,000
Hire Purchase and Lease Commitments
other long term liabilities
-60,627
627
60,000
share issue
1
interest
1,862
1,539
-1,571
-1,902
-1,356
-2,000
-3,159
-1,797
-345
-479
cash flow from financing
-2,124
-2,329
-34,751
32,626
-17,748
-17,733
-2,349
-15,637
-14,718
74,522
cash and cash equivalents
cash
-12,683
-13,647
-24,427
17,176
-4,031
-1,535
11,435
26,692
49,930
3,694
overdraft
-16,055
16,055
change in cash
-12,683
-13,647
-24,427
17,176
-4,031
-1,535
27,490
10,637
49,930
3,694
mcguinness opticians 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 mcguinness opticians limited. Get real-time insights into mcguinness opticians limited's credit score, group structure and payment trends.
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mcguinness opticians limited Ownership
MCGUINNESS OPTICIANS LIMITED group structure
Mcguinness Opticians Limited has no subsidiary companies.
Ultimate parent company
MCGUINNESS OPTICIANS LIMITED
NI627028
MCGUINNESS OPTICIANS LIMITED Shareholders
The sole shareholder of Mcguinness Opticians Limited is Roisin Mcguinness.
roisin mcguinness
100%
mcguinness opticians limited directors
Mcguinness Opticians Limited currently has 1 director, Ms Roisin McGuinness serving since Oct 2014.
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 mcguinness opticians limited.
mcguinness opticians 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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mcguinness opticians limitedCompanies House Filings - See Documents
