system c healthcare limited
system c healthcare limited Company Information
Company Number
01754990
Next Accounts
Dec 2025
Shareholders
h & sc technologies limited
Group Structure
View All
Industry
Other information technology and computer service activities
Registered Address
arden court arden street, stratford-upon-avon, CV37 6NT
Website
www.systemc.comsystem c healthcare limited Estimated Valuation
Pomanda estimates the enterprise value of SYSTEM C HEALTHCARE LIMITED at £76.9m based on a Turnover of £47.5m and 1.62x industry multiple (adjusted for size and gross margin).
system c healthcare limited Estimated Valuation
Pomanda estimates the enterprise value of SYSTEM C HEALTHCARE LIMITED at £0 based on an EBITDA of £-3.3m and a 11.03x industry multiple (adjusted for size and gross margin).
system c healthcare limited Estimated Valuation
Pomanda estimates the enterprise value of SYSTEM C HEALTHCARE LIMITED at £0 based on Net Assets of £-15.3m and 2.25x industry multiple (adjusted for liquidity).
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System C Healthcare Limited Overview
System C Healthcare Limited is a live company located in stratford-upon-avon, CV37 6NT with a Companies House number of 01754990. It operates in the other information technology service activities sector, SIC Code 62090. Founded in September 1983, it's largest shareholder is h & sc technologies limited with a 100% stake. System C Healthcare Limited is a mature, large sized company, Pomanda has estimated its turnover at £47.5m with low growth in recent years.
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System C Healthcare Limited Health Check
Pomanda's financial health check has awarded System C Healthcare Limited a 2.5 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 £47.5m, make it larger than the average company (£7.5m)
£47.5m - System C Healthcare Limited
£7.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (9%)
1% - System C Healthcare Limited
9% - Industry AVG
Production
with a gross margin of 54.5%, this company has a comparable cost of product (48.7%)
54.5% - System C Healthcare Limited
48.7% - Industry AVG
Profitability
an operating margin of -8.4% make it less profitable than the average company (4%)
-8.4% - System C Healthcare Limited
4% - Industry AVG
Employees
with 384 employees, this is above the industry average (43)
384 - System C Healthcare Limited
43 - Industry AVG
Pay Structure
on an average salary of £77k, the company has an equivalent pay structure (£72.6k)
£77k - System C Healthcare Limited
£72.6k - Industry AVG
Efficiency
resulting in sales per employee of £123.7k, this is less efficient (£176.8k)
£123.7k - System C Healthcare Limited
£176.8k - Industry AVG
Debtor Days
it gets paid by customers after 118 days, this is later than average (51 days)
118 days - System C Healthcare Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 63 days, this is slower than average (35 days)
63 days - System C Healthcare Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - System C Healthcare Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is average cash available to meet short term requirements (14 weeks)
11 weeks - System C Healthcare Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 106.9%, this is a higher level of debt than the average (62.8%)
106.9% - System C Healthcare Limited
62.8% - Industry AVG
SYSTEM C HEALTHCARE LIMITED financials
System C Healthcare Limited's latest turnover from March 2024 is £47.5 million and the company has net assets of -£15.3 million. According to their latest financial statements, System C Healthcare Limited has 384 employees and maintains cash reserves of £17.7 million 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 | Mar 2014 | Mar 2013 | Mar 2012 | Apr 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 47,485,000 | 57,417,727 | 56,173,158 | 46,550,803 | 33,319,817 | 29,519,388 | 28,406,670 | 23,042,232 | 27,807,799 | 26,976,338 | 22,579,000 | 15,678,000 | 12,543,000 | 16,069,000 | 38,307,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 21,587,657 | 27,635,664 | 26,831,394 | 22,543,722 | 13,367,397 | 12,187,359 | 11,277,616 | 11,609,619 | 21,345,710 | 14,849,742 | 13,453,000 | 9,877,000 | 4,754,000 | 8,261,000 | 16,311,000 |
| Gross Profit | 25,897,343 | 29,782,063 | 29,341,764 | 24,007,081 | 19,952,420 | 17,332,029 | 17,129,054 | 11,432,613 | 6,462,089 | 12,126,596 | 9,126,000 | 5,801,000 | 7,789,000 | 7,808,000 | 21,996,000 |
| Admin Expenses | 29,896,506 | 30,826,646 | 18,860,072 | 19,627,514 | 14,210,233 | 16,245,058 | 16,395,252 | 13,690,899 | 7,776,786 | 23,462,014 | 19,447,000 | 14,152,000 | 15,155,000 | 14,026,000 | |
| Operating Profit | -3,999,163 | -1,044,583 | 10,481,692 | 4,379,567 | 5,742,187 | 1,086,971 | 733,802 | -2,258,286 | -1,314,697 | -11,335,418 | -10,321,000 | -8,351,000 | -7,366,000 | -6,218,000 | |
| Interest Payable | 16,262,977 | 8,790,820 | 4,511,949 | 2,238,249 | 2,053,256 | 1,873,793 | 1,762,888 | 1,550,157 | 846,603 | 148,886 | 4,000 | ||||
| Interest Receivable | 2,381,615 | 12,869 | 285 | 1,612 | 3,469 | 12,000 | 71,000 | 242,000 | 289,000 | 267,000 | |||||
| Pre-Tax Profit | -15,380,525 | -7,322,534 | 8,469,743 | 4,641,318 | 6,188,931 | 1,713,178 | 1,470,914 | -1,308,158 | 490,312 | -8,200,109 | -10,309,000 | -8,280,000 | -7,124,000 | -5,929,000 | 5,361,000 |
| Tax | 110,897 | 299,164 | -1,165,196 | -1,298,813 | -442,776 | 2,057,151 | -37,539 | -94,296 | 341,793 | 26,271 | -62,000 | 332,000 | -876,000 | 1,845,000 | -1,072,000 |
| Profit After Tax | -15,269,628 | -7,023,370 | 7,304,547 | 3,342,505 | 5,746,155 | 3,770,329 | 1,433,375 | -1,402,454 | 832,105 | -8,173,838 | -10,371,000 | -7,948,000 | -8,000,000 | -4,084,000 | 4,289,000 |
| Dividends Paid | 794,000 | ||||||||||||||
| Retained Profit | -15,269,628 | -7,023,370 | 7,304,547 | 3,342,505 | 5,746,155 | 3,770,329 | 1,433,375 | -1,402,454 | 832,105 | -8,173,838 | -10,371,000 | -7,948,000 | -8,000,000 | -4,084,000 | 3,495,000 |
| Employee Costs | 29,551,336 | 29,200,242 | 25,692,370 | 28,447,590 | 19,810,883 | 18,920,107 | 20,220,576 | 18,986,375 | 19,966,841 | 25,179,495 | 17,131,000 | 13,365,000 | 12,515,000 | 15,273,000 | 20,261,000 |
| Number Of Employees | 384 | 395 | 343 | 343 | 315 | 281 | 304 | 326 | 315 | 318 | 321 | 238 | 236 | 263 | 340 |
| EBITDA* | -3,282,529 | -628,721 | 10,708,059 | 4,610,793 | 6,119,885 | 1,614,059 | 1,193,172 | -1,485,867 | -70,917 | -9,643,812 | -8,076,000 | -6,306,000 | -5,828,000 | -4,666,000 |
* 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 | Mar 2014 | Mar 2013 | Mar 2012 | Apr 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,167,719 | 2,007,229 | 485,459 | 331,623 | 425,517 | 400,999 | 649,913 | 828,650 | 1,313,348 | 1,722,279 | 1,494,000 | 1,181,000 | 741,000 | 560,000 | 1,273,000 |
| Intangible Assets | 102,399,262 | 70,388 | 99,075 | 100,908 | 107,086 | 121,084 | 218,857 | 372,742 | 586,894 | 894,170 | 1,749,000 | 3,143,000 | 4,194,000 | 5,585,000 | 14,553,000 |
| Investments & Other | 36,535,983 | 167,524,014 | 132,173,170 | 25,113,044 | 25,113,044 | 25,113,044 | 26,620,654 | 26,620,654 | 26,620,654 | 10,433,612 | 10,434,000 | 10,657,000 | 11,419,000 | 11,419,000 | |
| Debtors (Due After 1 year) | 30,958,474 | 2,829,683 | 3,720,800 | 5,526,234 | 4,258,513 | 2,064,699 | |||||||||
| Total Fixed Assets | 172,061,438 | 172,431,314 | 136,478,504 | 31,071,809 | 29,904,160 | 27,699,826 | 27,489,424 | 27,822,046 | 28,520,896 | 13,050,061 | 13,677,000 | 14,981,000 | 16,354,000 | 17,564,000 | 15,826,000 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 15,374,745 | 15,300,270 | 15,037,660 | 10,050,264 | 8,913,990 | 7,060,377 | 5,733,673 | 6,710,215 | 6,741,224 | 6,508,601 | 10,224,000 | 5,873,000 | 9,688,000 | 5,341,000 | 10,593,000 |
| Group Debtors | 427,862 | 23,180,504 | 2,358,382 | 3,475,471 | 5,991,785 | 2,105,259 | 1,462,429 | 2,108,474 | 656,906 | ||||||
| Misc Debtors | 16,084,435 | 11,354,320 | 12,401,848 | 12,090,208 | 13,666,160 | 11,014,492 | 10,550,823 | 4,727,822 | 3,461,904 | 3,562,533 | 4,384,000 | 1,875,000 | 2,005,000 | 641,000 | |
| Cash | 17,686,961 | 9,551,743 | 7,614,794 | 11,198,171 | 10,344,378 | 6,454,318 | 3,393,954 | 343,435 | 1,252,664 | 2,957,249 | 2,388,000 | 6,360,000 | 11,673,000 | 15,898,000 | 18,596,000 |
| misc current assets | |||||||||||||||
| total current assets | 49,574,003 | 59,386,837 | 37,412,684 | 36,814,114 | 38,916,313 | 26,634,446 | 21,140,879 | 13,889,946 | 12,112,698 | 13,028,383 | 16,996,000 | 14,108,000 | 23,366,000 | 21,239,000 | 29,830,000 |
| total assets | 221,635,441 | 231,818,151 | 173,891,188 | 67,885,923 | 68,820,473 | 54,334,272 | 48,630,303 | 41,711,992 | 40,633,594 | 26,078,444 | 30,673,000 | 29,089,000 | 39,720,000 | 38,803,000 | 45,656,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 3,742,729 | 4,105,147 | 4,847,960 | 4,267,817 | 1,983,816 | 855,749 | 1,202,900 | 437,139 | 632,808 | 283,732 | 210,000 | 235,000 | 248,000 | 501,000 | 1,392,000 |
| Group/Directors Accounts | 45,112,980 | 30,973,557 | 13,354,763 | 752,073 | 4,309,198 | 6,204,420 | 7,993,363 | 5,854,653 | 4,051,513 | 2,158,176 | 8,645,000 | 1,724,000 | 1,312,000 | 2,694,000 | |
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 30,592,079 | 23,814,501 | 20,849,641 | 33,073,313 | 20,921,080 | 14,176,515 | 11,260,899 | 8,778,473 | 8,328,281 | 10,314,133 | 9,536,000 | 3,636,000 | 10,248,000 | 5,157,000 | 7,826,000 |
| total current liabilities | 79,447,788 | 58,893,205 | 39,052,364 | 38,093,203 | 27,214,094 | 21,236,684 | 20,457,162 | 15,070,265 | 13,012,602 | 12,756,041 | 18,391,000 | 5,595,000 | 11,808,000 | 8,352,000 | 9,218,000 |
| loans | 141,942,072 | 140,587,526 | 97,437,406 | 24,669,104 | 22,615,848 | 20,742,055 | 18,979,167 | 17,429,009 | 2,582,406 | ||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 15,232,200 | 5,508,950 | 5,919,242 | 6,571,028 | 1,728,204 | 1,018,824 | 1,612,359 | 3,026,517 | 3,012,824 | 2,828,732 | 1,320,000 | 3,530,000 | |||
| other liabilities | |||||||||||||||
| provisions | 270,505 | 51,666 | 71,666 | 71,666 | 197,806 | 448,497 | 1,589,159 | 3,153,370 | 1,369,000 | 454,000 | 3,628,000 | ||||
| total long term liabilities | 157,444,777 | 146,096,476 | 103,356,648 | 6,622,694 | 26,468,974 | 23,706,338 | 22,552,220 | 22,454,181 | 22,030,992 | 8,564,508 | 2,689,000 | 3,530,000 | 454,000 | 1,814,000 | |
| total liabilities | 236,892,565 | 204,989,681 | 142,409,012 | 44,715,897 | 53,683,068 | 44,943,022 | 43,009,382 | 37,524,446 | 35,043,594 | 21,320,549 | 21,080,000 | 9,125,000 | 11,808,000 | 8,806,000 | 11,032,000 |
| net assets | -15,257,124 | 26,828,470 | 31,482,176 | 23,170,026 | 15,137,405 | 9,391,250 | 5,620,921 | 4,187,546 | 5,590,000 | 4,757,895 | 9,593,000 | 19,964,000 | 27,912,000 | 29,997,000 | 34,624,000 |
| total shareholders funds | -15,257,124 | 26,828,470 | 31,482,176 | 23,170,026 | 15,137,405 | 9,391,250 | 5,620,921 | 4,187,546 | 5,590,000 | 4,757,895 | 9,593,000 | 19,964,000 | 27,912,000 | 29,997,000 | 34,624,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Apr 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -3,999,163 | -1,044,583 | 10,481,692 | 4,379,567 | 5,742,187 | 1,086,971 | 733,802 | -2,258,286 | -1,314,697 | -11,335,418 | -10,321,000 | -8,351,000 | -7,366,000 | -6,218,000 | |
| Depreciation | 666,464 | 361,395 | 181,814 | 195,168 | 316,522 | 350,651 | 292,623 | 583,161 | 821,867 | 836,856 | 595,000 | 598,000 | 269,000 | 223,000 | 299,000 |
| Amortisation | 50,170 | 54,467 | 44,553 | 36,058 | 61,176 | 176,437 | 166,747 | 189,258 | 421,913 | 854,750 | 1,650,000 | 1,447,000 | 1,269,000 | 1,329,000 | 716,000 |
| Tax | 110,897 | 299,164 | -1,165,196 | -1,298,813 | -442,776 | 2,057,151 | -37,539 | -94,296 | 341,793 | 26,271 | -62,000 | 332,000 | -876,000 | 1,845,000 | -1,072,000 |
| Stock | |||||||||||||||
| Debtors | 10,180,739 | 19,146,087 | 2,376,513 | -1,688,271 | 10,585,621 | 4,497,902 | 4,200,414 | 2,686,477 | 788,900 | -4,536,866 | 6,860,000 | -3,945,000 | 6,352,000 | -5,893,000 | 11,234,000 |
| Creditors | -362,418 | -742,813 | 580,143 | 2,284,001 | 1,128,067 | -347,151 | 765,761 | -195,669 | 349,076 | 73,732 | -25,000 | -13,000 | -253,000 | -891,000 | 1,392,000 |
| Accruals and Deferred Income | 16,500,828 | 2,554,568 | -12,875,458 | 16,995,057 | 7,453,945 | 2,322,081 | 1,068,268 | 463,885 | -1,801,760 | 2,286,865 | 3,690,000 | -3,082,000 | 5,091,000 | -2,669,000 | 7,826,000 |
| Deferred Taxes & Provisions | 270,505 | -51,666 | -20,000 | -126,140 | -250,691 | -1,140,662 | -1,564,211 | 1,784,370 | 1,369,000 | -454,000 | -3,174,000 | 3,628,000 | |||
| Cash flow from operations | 3,056,544 | -17,663,889 | -5,180,631 | 24,259,309 | 3,673,500 | 1,022,098 | -1,461,443 | -5,139,086 | -3,534,919 | -935,708 | -9,964,000 | -5,124,000 | -8,672,000 | -3,662,000 | |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -130,988,031 | 35,350,844 | 107,060,126 | -1,507,610 | 16,187,042 | -388 | -223,000 | -762,000 | 11,419,000 | ||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 14,139,423 | 17,618,794 | 12,602,690 | -3,557,125 | -1,895,222 | -1,788,943 | 2,138,710 | 1,803,140 | 1,893,337 | -6,486,824 | 6,921,000 | 412,000 | -1,382,000 | 2,694,000 | |
| Other Short Term Loans | |||||||||||||||
| Long term loans | 1,354,546 | 43,150,120 | 97,437,406 | -24,669,104 | 2,053,256 | 1,873,793 | 1,762,888 | 1,550,158 | 14,846,603 | 2,582,406 | |||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -13,881,362 | -8,777,951 | -4,511,949 | -2,238,249 | -2,053,256 | -1,873,793 | -1,762,888 | -1,549,872 | -844,991 | -145,417 | 12,000 | 71,000 | 242,000 | 289,000 | 263,000 |
| cash flow from financing | -25,203,359 | 54,360,627 | 106,535,750 | -25,774,362 | -1,895,222 | -1,788,943 | 2,138,710 | 1,803,426 | 15,894,949 | -711,102 | 6,933,000 | 483,000 | 4,775,000 | 2,440,000 | 31,392,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 8,135,218 | 1,936,949 | -3,583,377 | 853,793 | 3,890,060 | 3,060,364 | 3,050,519 | -909,229 | -1,704,585 | 569,249 | -3,972,000 | -5,313,000 | -4,225,000 | -2,698,000 | 18,596,000 |
| overdraft | |||||||||||||||
| change in cash | 8,135,218 | 1,936,949 | -3,583,377 | 853,793 | 3,890,060 | 3,060,364 | 3,050,519 | -909,229 | -1,704,585 | 569,249 | -3,972,000 | -5,313,000 | -4,225,000 | -2,698,000 | 18,596,000 |
system c healthcare limited Credit Report and Business Information
System C Healthcare Limited Competitor Analysis
Perform a competitor analysis for system c healthcare limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in CV37 area or any other competitors across 12 key performance metrics.
system c healthcare limited Ownership
SYSTEM C HEALTHCARE LIMITED group structure
System C Healthcare Limited has 5 subsidiary companies.
Ultimate parent company
ASCLEPIUS HOLDINGS JERSEY LTD
#0140902
2 parents
SYSTEM C HEALTHCARE LIMITED
01754990
5 subsidiaries
system c healthcare limited directors
System C Healthcare Limited currently has 2 directors. The longest serving directors include Mr Nicholas Wilson (May 2022) and Mr Jonathan Harston (May 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Wilson | England | 53 years | May 2022 | - | Director |
| Mr Jonathan Harston | England | 49 years | May 2022 | - | Director |
P&L
March 2024turnover
47.5m
-17%
operating profit
-4m
+283%
gross margin
54.6%
+5.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-15.3m
-1.57%
total assets
221.6m
-0.04%
cash
17.7m
+0.85%
net assets
Total assets minus all liabilities
system c healthcare limited company details
company number
01754990
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
September 1983
age
42
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
system c healthcare plc (August 2011)
system c healthcare limited (June 2005)
See moreaccountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
arden court arden street, stratford-upon-avon, CV37 6NT
Bank
HSBC BANK PLC
Legal Advisor
-
system c healthcare 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 6 charges/mortgages relating to system c healthcare limited. Currently there are 1 open charges and 5 have been satisfied in the past.
system c healthcare 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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system c healthcare limited Companies House Filings - See Documents
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