Pomanda estimates the enterprise value of MEDTRONIC LIMITED at £759.6m based on a Turnover of £648.5m and 1.17x industry multiple (adjusted for size and gross margin).
medtronic limitedEstimated Valuation
£176.8m
Pomanda estimates the enterprise value of MEDTRONIC LIMITED at £176.8m based on an EBITDA of £23.7m and a 7.47x industry multiple (adjusted for size and gross margin).
medtronic limitedEstimated Valuation
£276.3m
Pomanda estimates the enterprise value of MEDTRONIC LIMITED at £276.3m based on Net Assets of £131.5m and 2.1x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Medtronic LimitedOverview
Medtronic Limited is a live company located in watford, WD18 8WW with a Companies House number of 01070807. It operates in the manufacture of medical and dental instruments and supplies sector, SIC Code 32500. Founded in September 1972, it's largest shareholder is
medtronic holding b.v.
with a 100% stake. Medtronic Limited is a mature,
mega sized company, Pomanda has estimated its turnover at
£648.5m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Medtronic Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
4 Strong
0 Regular
7 Weak
Size
annual sales of £648.5m, make it larger than the average company (£8.7m)
£648.5m - Medtronic Limited
£8.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (7%)
11% - Medtronic Limited
7% - Industry AVG
Production
with a gross margin of 22.1%, this company has a higher cost of product (37.4%)
22.1% - Medtronic Limited
37.4% - Industry AVG
Profitability
an operating margin of 3.4% make it less profitable than the average company (5.7%)
3.4% - Medtronic Limited
5.7% - Industry AVG
Employees
with 978 employees, this is above the industry average (53)
978 - Medtronic Limited
53 - Industry AVG
Pay Structure
on an average salary of £101.7k, the company has a higher pay structure (£38.8k)
£101.7k - Medtronic Limited
£38.8k - Industry AVG
Efficiency
resulting in sales per employee of £663.1k, this is more efficient (£111.1k)
£663.1k - Medtronic Limited
£111.1k - Industry AVG
Debtor Days
it gets paid by customers after 71 days, this is later than average (36 days)
71 days - Medtronic Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (27 days)
5 days - Medtronic Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Medtronic Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 19 weeks, this is less cash available to meet short term requirements (59 weeks)
19 weeks - Medtronic Limited
59 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.6%, this is a higher level of debt than the average (34.3%)
63.6% - Medtronic Limited
34.3% - Industry AVG
MEDTRONIC LIMITED financials
EXPORT
Medtronic Limited's latest turnover from April 2024 is £648.5 million and the company has net assets of £131.5 million. According to their latest financial statements, Medtronic Limited has 978 employees and maintains cash reserves of £78.2 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Turnover
648,549,000
576,325,000
550,849,000
473,862,000
498,165,000
513,849,000
503,586,000
460,844,000
313,815,000
59,943,000
57,896,000
55,162,000
54,102,000
57,571,000
50,679,000
Other Income Or Grants
Cost Of Sales
505,506,000
451,550,000
431,082,000
369,918,000
385,202,000
381,261,000
378,494,000
345,738,000
243,200,000
Gross Profit
143,043,000
124,775,000
119,767,000
103,944,000
112,963,000
132,588,000
125,092,000
115,106,000
70,615,000
59,943,000
57,896,000
55,162,000
54,102,000
57,571,000
50,679,000
Admin Expenses
121,117,000
102,825,000
71,862,000
88,760,000
98,609,000
116,083,000
108,735,000
98,866,000
61,201,000
54,461,000
51,560,000
52,109,000
50,257,000
52,137,000
45,017,000
Operating Profit
21,926,000
21,950,000
47,905,000
15,184,000
14,354,000
16,505,000
16,357,000
16,240,000
9,414,000
5,482,000
6,336,000
3,053,000
3,845,000
5,434,000
5,662,000
Interest Payable
26,000
2,648,000
2,479,000
3,073,000
1,452,000
Interest Receivable
10,372,000
4,767,000
182,000
60,000
560,000
496,000
254,000
105,000
127,000
1,082,000
491,000
3,073,000
3,678,000
2,552,000
1,546,000
Pre-Tax Profit
32,298,000
26,717,000
48,087,000
15,244,000
14,914,000
19,154,000
19,892,000
16,687,000
9,404,000
6,564,000
6,827,000
3,478,000
5,044,000
4,913,000
5,756,000
Tax
-6,653,000
-5,997,000
-9,556,000
-30,000
4,823,000
-12,192,000
-7,048,000
-2,965,000
-1,607,000
-1,501,000
-891,000
-1,169,000
-1,885,000
-1,874,000
-1,811,000
Profit After Tax
25,645,000
20,720,000
38,531,000
15,214,000
19,737,000
6,962,000
12,844,000
13,722,000
7,797,000
5,063,000
5,936,000
2,309,000
3,159,000
3,039,000
3,945,000
Dividends Paid
35,000,000
30,000,000
11,000,000
23,000,000
1,000,000
3,000,000
4,000,000
Retained Profit
-9,355,000
-9,280,000
27,531,000
15,214,000
19,737,000
-16,038,000
11,844,000
13,722,000
7,797,000
5,063,000
2,936,000
-1,691,000
3,159,000
3,039,000
3,945,000
Employee Costs
99,434,000
86,772,000
61,499,000
79,358,000
81,398,000
82,115,000
77,965,000
77,072,000
43,828,000
39,360,000
43,152,000
36,131,000
36,095,000
35,967,000
31,244,000
Number Of Employees
978
947
888
860
823
796
768
763
479
393
401
398
392
404
384
EBITDA*
23,667,000
24,611,000
50,653,000
16,908,000
15,608,000
17,334,000
17,191,000
18,007,000
10,011,000
5,772,000
6,667,000
3,416,000
4,245,000
5,835,000
5,970,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Tangible Assets
6,616,000
4,291,000
5,950,000
6,173,000
5,708,000
1,482,000
416,000
779,000
777,000
852,000
1,140,000
1,367,000
1,731,000
2,126,000
2,459,000
Intangible Assets
4,233,000
4,785,000
5,337,000
6,143,000
6,954,000
6,285,000
6,779,000
6,902,000
Investments & Other
3,487,000
11,665,000
5,999,000
227,000
1,894,000
1,762,000
6,125,000
6,331,000
714,000
Debtors (Due After 1 year)
Total Fixed Assets
10,849,000
9,076,000
11,287,000
15,803,000
12,662,000
19,432,000
13,194,000
7,908,000
777,000
852,000
3,034,000
3,129,000
7,856,000
8,457,000
3,173,000
Stock & work in progress
Trade Debtors
127,085,000
107,209,000
97,271,000
74,683,000
68,694,000
91,166,000
94,109,000
96,732,000
82,115,000
9,000
24,000
13,000
12,000
293,000
33,000
Group Debtors
10,186,000
7,223,000
4,813,000
5,398,000
14,784,000
10,478,000
5,685,000
51,263,000
15,215,000
31,534,000
28,799,000
14,608,000
16,048,000
14,289,000
10,717,000
Misc Debtors
16,012,000
16,625,000
15,554,000
22,040,000
22,279,000
4,036,000
10,323,000
5,413,000
5,202,000
2,966,000
2,471,000
2,391,000
1,737,000
3,079,000
3,228,000
Cash
78,194,000
90,872,000
89,405,000
83,875,000
82,117,000
64,430,000
85,984,000
51,377,000
26,270,000
10,493,000
12,360,000
12,800,000
16,807,000
11,316,000
21,993,000
misc current assets
118,321,000
126,157,000
96,227,000
369,000
total current assets
349,798,000
348,086,000
303,270,000
186,365,000
187,874,000
170,110,000
196,101,000
204,785,000
128,802,000
45,002,000
43,654,000
29,812,000
34,604,000
28,977,000
35,971,000
total assets
360,647,000
357,162,000
314,557,000
202,168,000
200,536,000
189,542,000
209,295,000
212,693,000
129,579,000
45,854,000
46,688,000
32,941,000
42,460,000
37,434,000
39,144,000
Bank overdraft
Bank loan
Trade Creditors
7,619,000
5,430,000
2,913,000
5,267,000
2,163,000
3,440,000
1,166,000
2,733,000
1,256,000
1,226,000
876,000
826,000
1,122,000
461,000
8,271,000
Group/Directors Accounts
118,043,000
102,121,000
84,493,000
88,686,000
78,635,000
84,150,000
84,803,000
97,457,000
67,545,000
1,471,000
7,054,000
644,000
1,655,000
7,900,000
other short term finances
hp & lease commitments
other current liabilities
83,758,000
77,449,000
86,340,000
49,209,000
52,703,000
53,988,000
49,543,000
55,356,000
31,515,000
31,229,000
22,698,000
21,422,000
21,773,000
19,608,000
8,259,000
total current liabilities
209,420,000
185,000,000
173,746,000
143,162,000
133,501,000
141,578,000
135,512,000
155,546,000
100,316,000
33,926,000
30,628,000
22,248,000
23,539,000
21,724,000
24,430,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
19,765,000
20,375,000
total long term liabilities
19,765,000
20,375,000
40,861,000
26,005,000
6,593,000
total liabilities
229,185,000
205,375,000
173,746,000
143,162,000
174,362,000
141,578,000
135,512,000
181,551,000
100,316,000
33,926,000
30,628,000
22,248,000
23,539,000
21,724,000
31,023,000
net assets
131,462,000
151,787,000
140,811,000
59,006,000
26,174,000
47,964,000
73,783,000
31,142,000
29,263,000
11,928,000
16,060,000
10,693,000
18,921,000
15,710,000
8,121,000
total shareholders funds
131,462,000
151,787,000
140,811,000
59,006,000
26,174,000
47,964,000
73,783,000
31,142,000
29,263,000
11,928,000
16,060,000
10,693,000
18,921,000
15,710,000
8,121,000
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Operating Activities
Operating Profit
21,926,000
21,950,000
47,905,000
15,184,000
14,354,000
16,505,000
16,357,000
16,240,000
9,414,000
5,482,000
6,336,000
3,053,000
3,845,000
5,434,000
5,662,000
Depreciation
1,189,000
2,109,000
2,134,000
914,000
523,000
335,000
357,000
1,346,000
597,000
290,000
331,000
363,000
400,000
401,000
308,000
Amortisation
552,000
552,000
614,000
810,000
731,000
494,000
477,000
421,000
Tax
-6,653,000
-5,997,000
-9,556,000
-30,000
4,823,000
-12,192,000
-7,048,000
-2,965,000
-1,607,000
-1,501,000
-891,000
-1,169,000
-1,885,000
-1,874,000
-1,811,000
Stock
Debtors
22,226,000
13,419,000
15,517,000
-3,636,000
77,000
-4,437,000
-43,291,000
50,876,000
68,023,000
3,215,000
14,282,000
-785,000
136,000
3,683,000
13,978,000
Creditors
2,189,000
2,517,000
-2,354,000
3,104,000
-1,277,000
2,274,000
-1,567,000
1,477,000
30,000
350,000
50,000
-296,000
661,000
-7,810,000
8,271,000
Accruals and Deferred Income
6,309,000
-8,891,000
37,131,000
-3,494,000
-1,285,000
4,445,000
-5,813,000
23,841,000
286,000
8,531,000
1,276,000
-351,000
2,165,000
11,349,000
8,259,000
Deferred Taxes & Provisions
-610,000
20,375,000
Cash flow from operations
2,676,000
19,196,000
60,357,000
20,124,000
17,792,000
16,298,000
46,054,000
-10,516,000
-59,303,000
9,937,000
-7,180,000
2,385,000
5,050,000
3,817,000
6,711,000
Investing Activities
capital expenditure
-3,514,000
-450,000
-1,719,000
-1,378,000
-6,149,000
-1,401,000
-348,000
-8,671,000
-522,000
-2,000
-104,000
1,000
-5,000
-68,000
-2,767,000
Change in Investments
-3,487,000
3,487,000
-11,665,000
5,666,000
5,772,000
227,000
-1,894,000
132,000
-4,363,000
-206,000
5,617,000
714,000
cash flow from investments
-3,514,000
-450,000
1,768,000
-4,865,000
5,516,000
-7,067,000
-6,120,000
-8,898,000
-522,000
1,892,000
-236,000
4,364,000
201,000
-5,685,000
-3,481,000
Financing Activities
Bank loans
Group/Directors Accounts
15,922,000
17,628,000
-4,193,000
10,051,000
-5,515,000
-653,000
-12,654,000
29,912,000
66,074,000
-5,583,000
7,054,000
-644,000
-1,011,000
-6,245,000
7,900,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-10,970,000
20,256,000
54,274,000
17,618,000
-41,527,000
-9,781,000
30,797,000
-11,843,000
9,538,000
-9,195,000
2,431,000
-6,537,000
52,000
4,550,000
4,176,000
interest
10,372,000
4,767,000
182,000
60,000
560,000
496,000
254,000
79,000
127,000
1,082,000
491,000
425,000
1,199,000
-521,000
94,000
cash flow from financing
15,324,000
42,651,000
50,263,000
27,729,000
-46,482,000
-9,938,000
18,397,000
18,148,000
75,739,000
-13,696,000
9,976,000
-6,756,000
240,000
-2,216,000
12,170,000
cash and cash equivalents
cash
-12,678,000
1,467,000
5,530,000
1,758,000
17,687,000
-21,554,000
34,607,000
25,107,000
15,777,000
-1,867,000
-440,000
-4,007,000
5,491,000
-10,677,000
21,993,000
overdraft
change in cash
-12,678,000
1,467,000
5,530,000
1,758,000
17,687,000
-21,554,000
34,607,000
25,107,000
15,777,000
-1,867,000
-440,000
-4,007,000
5,491,000
-10,677,000
21,993,000
medtronic 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 medtronic limited. Get real-time insights into medtronic limited's credit score, group structure and payment trends.
Perform a competitor analysis for medtronic limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in WD18 area or any other competitors across 12 key performance metrics.
32500 - Manufacture of medical and dental instruments and supplies
incorporation date
September 1972
age
53
incorporated
UK
ultimate parent company
MEDTRONIC PUBLIC LIMITED COMPANY
accounts
Full Accounts
last accounts submitted
April 2024
previous names
medtronic (u.k.) limited (June 1987)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
building 9 croxley park, hatters lane, watford, hertfordshire, WD18 8WW
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
CMS CAMERON MCKENNA LLP
medtronic 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 found 1 charges/mortgages relating to medtronic limited. Currently there are 0 open charges and 1 have been satisfied in the past.
medtronic 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 MEDTRONIC LIMITED. This can take several minutes, an email will notify you when this has completed.
medtronic limitedCompanies House Filings - See Documents
