WENZHOU 88 CLUB : revenue, balance sheet and financial ratios

WENZHOU 88 CLUB is a French company founded 7 years ago, specialized in the sector Coiffure. Based in AUBERVILLIERS (93300), this company of category PME shows in 2020 a revenue of 58 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - WENZHOU 88 CLUB (SIREN 840148860)
Indicator 2021 2020 2019
Revenue N/C 57 735 € 132 124 €
Net income 0 € -2 644 € 113 €
EBITDA N/C -2 643 € 135 €
Net margin N/C -4.6% 0.1%

Revenue and income statement

In 2021, WENZHOU 88 CLUB records a net loss of 0 €. This deficit will reduce equity on the balance sheet.

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Chart evolution

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Assets

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Liabilities

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Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 108.19. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2021) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

108.189

Liquidity indicators evolution
WENZHOU 88 CLUB

Sector positioning

Liquidity ratio
108.19 2021
2019
2020
2021
Q1: 49.91
Med: 124.92
Q3: 240.82
Average -7 pts over 3 years

In 2021, the liquidity ratio of WENZHOU 88 CLUB (108.19) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
0.0x 2020
2019
2020
Q1: 0.0x
Med: 0.0x
Q3: 2.16x
Average

In 2020, the interest coverage of WENZHOU 88 CLUB (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 477 days. Excellent situation: suppliers finance 477 days of the operating cycle (retail model).

Operating WCR (2021) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

0 €

Customer credit (2021) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

0 j

Supplier credit (2021) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

477 j

Inventory turnover (2021) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

0 j

WCR and payment terms evolution
WENZHOU 88 CLUB

Positioning of WENZHOU 88 CLUB in its sector

Comparison with sector Coiffure

Similar companies (Coiffure)

Compare WENZHOU 88 CLUB with other companies in the same sector:

Frequently asked questions about WENZHOU 88 CLUB

What is the revenue of WENZHOU 88 CLUB ?

The revenue of WENZHOU 88 CLUB in 2020 is 58 k€.

Is WENZHOU 88 CLUB profitable?

WENZHOU 88 CLUB recorded a net loss in 2020.

Where is the headquarters of WENZHOU 88 CLUB ?

The headquarters of WENZHOU 88 CLUB is located in AUBERVILLIERS (93300), in the department Seine-Saint-Denis.

Where to find the tax return of WENZHOU 88 CLUB ?

The tax return of WENZHOU 88 CLUB is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does WENZHOU 88 CLUB operate?

WENZHOU 88 CLUB operates in the sector Coiffure (NAF code 96.02A). See the 'Sector positioning' section above to compare the company with its competitors.