lasercare clinics (harrogate) limited
lasercare clinics (harrogate) limited Company Information
Company Number
02545572
Website
http://sknclinics.co.ukRegistered Address
2 bromwich court, 1st floor, gorsey lane, birmingham, B46 1JU
Industry
Specialist medical practice activities
Telephone
03331307255
Next Accounts Due
May 2024
Group Structure
View All
Shareholders
lasercare holdings (iom) ltd 100%
lasercare clinics (harrogate) limited Estimated Valuation
Pomanda estimates the enterprise value of LASERCARE CLINICS (HARROGATE) LIMITED at £28.6m based on a Turnover of £34.4m and 0.83x industry multiple (adjusted for size and gross margin).
lasercare clinics (harrogate) limited Estimated Valuation
Pomanda estimates the enterprise value of LASERCARE CLINICS (HARROGATE) LIMITED at £0 based on an EBITDA of £-2m and a 6.94x industry multiple (adjusted for size and gross margin).
lasercare clinics (harrogate) limited Estimated Valuation
Pomanda estimates the enterprise value of LASERCARE CLINICS (HARROGATE) LIMITED at £4.9m based on Net Assets of £2.3m and 2.1x industry multiple (adjusted for liquidity).
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Lasercare Clinics (harrogate) Limited Overview
Lasercare Clinics (harrogate) Limited is a live company located in birmingham, B46 1JU with a Companies House number of 02545572. It operates in the specialists medical practice activities sector, SIC Code 86220. Founded in October 1990, it's largest shareholder is lasercare holdings (iom) ltd with a 100% stake. Lasercare Clinics (harrogate) Limited is a mature, large sized company, Pomanda has estimated its turnover at £34.4m with healthy growth in recent years.
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Lasercare Clinics (harrogate) Limited Health Check
Pomanda's financial health check has awarded Lasercare Clinics (Harrogate) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £34.4m, make it larger than the average company (£321.4k)
£34.4m - Lasercare Clinics (harrogate) Limited
£321.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (4.5%)
5% - Lasercare Clinics (harrogate) Limited
4.5% - Industry AVG
Production
with a gross margin of 44.7%, this company has a higher cost of product (57.8%)
44.7% - Lasercare Clinics (harrogate) Limited
57.8% - Industry AVG
Profitability
an operating margin of -13.1% make it less profitable than the average company (19%)
-13.1% - Lasercare Clinics (harrogate) Limited
19% - Industry AVG
Employees
with 573 employees, this is above the industry average (9)
573 - Lasercare Clinics (harrogate) Limited
9 - Industry AVG
Pay Structure
on an average salary of £23.2k, the company has an equivalent pay structure (£27k)
£23.2k - Lasercare Clinics (harrogate) Limited
£27k - Industry AVG
Efficiency
resulting in sales per employee of £60k, this is less efficient (£72.8k)
£60k - Lasercare Clinics (harrogate) Limited
£72.8k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is later than average (36 days)
44 days - Lasercare Clinics (harrogate) Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 129 days, this is slower than average (41 days)
129 days - Lasercare Clinics (harrogate) Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 33 days, this is more than average (15 days)
33 days - Lasercare Clinics (harrogate) Limited
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (81 weeks)
0 weeks - Lasercare Clinics (harrogate) Limited
81 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.6%, this is a higher level of debt than the average (33.5%)
95.6% - Lasercare Clinics (harrogate) Limited
33.5% - Industry AVG
lasercare clinics (harrogate) limited Credit Report and Business Information
Lasercare Clinics (harrogate) Limited Competitor Analysis
Perform a competitor analysis for lasercare clinics (harrogate) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
lasercare clinics (harrogate) limited Ownership
LASERCARE CLINICS (HARROGATE) LIMITED group structure
Lasercare Clinics (Harrogate) Limited has 9 subsidiary companies.
Ultimate parent company
2 parents
LASERCARE CLINICS (HARROGATE) LIMITED
02545572
9 subsidiaries
lasercare clinics (harrogate) limited directors
Lasercare Clinics (Harrogate) Limited currently has 3 directors. The longest serving directors include Mr Darren Grassby (Oct 2014) and Mr Jeremy Richardson (Feb 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Darren Grassby | England | 48 years | Oct 2014 | - | Director |
| Mr Jeremy Richardson | England | 53 years | Feb 2024 | - | Director |
| Mr Harvey Ainley | England | 57 years | Feb 2024 | - | Director |
LASERCARE CLINICS (HARROGATE) LIMITED financials
Lasercare Clinics (Harrogate) Limited's latest turnover from August 2022 is £34.4 million and the company has net assets of £2.3 million. According to their latest financial statements, Lasercare Clinics (Harrogate) Limited has 573 employees and maintains cash reserves of £961 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 34,406,000 | 26,932,000 | 20,459,000 | 29,926,000 | 30,327,000 | 29,254,758 | 26,634,061 | 25,172,119 | 24,971,835 | 24,549,960 | 25,295,233 | 25,580,116 | 24,780,625 | 24,202,636 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 19,021,000 | 17,088,000 | 13,795,000 | 11,819,000 | 11,463,000 | 11,340,359 | 9,787,294 | 8,726,924 | 8,523,379 | 8,203,610 | 8,640,777 | 8,447,314 | 8,427,082 | 7,985,783 |
| Gross Profit | 15,385,000 | 9,844,000 | 6,664,000 | 18,107,000 | 18,864,000 | 17,914,399 | 16,846,767 | 16,445,195 | 16,448,456 | 16,346,350 | 16,654,456 | 17,132,802 | 16,353,543 | 16,216,853 |
| Admin Expenses | 19,900,000 | 17,047,000 | 15,219,000 | 19,376,000 | 20,498,000 | 13,507,557 | 18,726,551 | 14,105,402 | 14,228,191 | 14,444,272 | 15,582,874 | 16,498,924 | 14,466,026 | 13,709,924 |
| Operating Profit | -4,515,000 | -7,203,000 | -8,555,000 | -1,269,000 | -1,634,000 | 4,406,842 | -1,879,784 | 2,339,793 | 2,220,265 | 1,902,078 | 1,071,582 | 633,878 | 1,887,517 | 2,506,929 |
| Interest Payable | 0 | 89,000 | 104,000 | 152,000 | 29,000 | 4,931 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 3,000 | 1,000 | 5,000 | 4,000 | 5,000 | 2,297 | 4,468 | 3,171 | 2,422 | 7,570 | 4,524 | 9,768 | 9,935 | 16,775 |
| Pre-Tax Profit | -4,512,000 | -7,291,000 | -8,654,000 | -2,656,000 | 846,000 | 4,404,208 | -1,875,316 | 2,342,964 | 2,222,687 | 1,909,648 | 1,076,106 | 643,646 | 1,897,452 | 2,523,704 |
| Tax | 454,000 | 289,000 | 1,922,000 | 80,000 | -80,000 | -726,238 | 231,775 | -564,225 | 168,467 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -4,058,000 | -7,002,000 | -6,732,000 | -2,576,000 | 766,000 | 3,677,970 | -1,643,541 | 1,778,739 | 2,391,154 | 1,909,648 | 1,076,106 | 643,646 | 1,897,452 | 2,523,704 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -4,058,000 | -7,002,000 | -6,732,000 | -2,576,000 | 766,000 | 3,677,970 | -1,643,541 | 1,778,739 | 2,391,154 | 1,909,648 | 1,076,106 | 643,646 | 1,897,452 | 2,523,704 |
| Employee Costs | 13,276,000 | 13,065,000 | 10,883,000 | 10,714,000 | 9,978,000 | 9,693,648 | 8,421,792 | 8,214,387 | 7,975,130 | 8,081,828 | 8,924,567 | 7,830,090 | 7,830,090 | 7,470,158 |
| Number Of Employees | 573 | 579 | 489 | 518 | 466 | 505 | 412 | 384 | 372 | 357 | 375 | 399 | 399 | 396 |
| EBITDA* | -1,984,000 | -4,473,000 | -5,898,000 | 1,384,000 | -1,634,000 | 6,071,440 | -536,427 | 3,586,278 | 3,410,440 | 3,103,328 | 2,290,951 | 1,833,107 | 3,043,004 | 3,609,261 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,388,000 | 5,149,000 | 6,250,000 | 6,188,000 | 5,748,000 | 5,785,485 | 4,024,889 | 3,542,430 | 3,938,807 | 4,088,530 | 4,942,871 | 5,763,869 | 6,356,620 | 6,688,973 |
| Intangible Assets | 1,524,000 | 1,902,000 | 2,383,000 | 2,651,000 | 1,413,000 | 1,916,489 | 770,850 | 821,014 | 4,801 | 26,082 | 73,617 | 110,417 | 113,231 | 162,453 |
| Investments & Other | 1,804,000 | 1,804,000 | 1,804,000 | 1,774,000 | 747,000 | 42,229 | 42,229 | 42,229 | 42,229 | 42,229 | 42,229 | 42,229 | 42,229 | 42,229 |
| Debtors (Due After 1 year) | 2,410,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 10,126,000 | 8,855,000 | 10,437,000 | 10,613,000 | 7,908,000 | 7,744,203 | 4,837,968 | 4,405,673 | 3,985,837 | 4,156,841 | 5,058,717 | 5,916,515 | 6,512,080 | 6,893,655 |
| Stock & work in progress | 1,765,000 | 1,835,000 | 1,755,000 | 1,501,000 | 1,620,000 | 1,697,854 | 1,259,091 | 1,084,386 | 1,218,093 | 1,122,936 | 1,103,106 | 1,165,198 | 880,159 | 940,468 |
| Trade Debtors | 4,190,000 | 35,793,000 | 434,000 | 308,000 | 848,000 | 830,023 | 480,819 | 420,477 | 344,974 | 606,969 | 306,723 | 854,978 | 869,224 | 573,787 |
| Group Debtors | 34,768,000 | 0 | 31,553,000 | 25,217,000 | 25,662,000 | 27,948,191 | 26,042,675 | 23,731,112 | 21,576,012 | 20,013,344 | 16,526,167 | 16,757,065 | 14,121,264 | 11,090,321 |
| Misc Debtors | 1,549,000 | 0 | 3,532,000 | 2,367,000 | 1,889,000 | 1,768,595 | 1,825,225 | 1,477,153 | 1,665,300 | 1,154,534 | 1,085,801 | 870,958 | 945,365 | 486,339 |
| Cash | 961,000 | 730,000 | 668,000 | 934,000 | 564,000 | 1,367,951 | 2,545,077 | 3,025,233 | 1,437,115 | 1,422,571 | 2,684,772 | 3,130,881 | 2,427,832 | 2,815,381 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 43,233,000 | 38,358,000 | 37,942,000 | 30,327,000 | 30,583,000 | 33,612,614 | 32,152,887 | 29,738,361 | 26,241,494 | 24,320,354 | 21,706,569 | 22,779,080 | 19,243,844 | 15,906,296 |
| total assets | 53,359,000 | 47,213,000 | 48,379,000 | 40,940,000 | 38,491,000 | 41,356,817 | 36,990,855 | 34,144,034 | 30,227,331 | 28,477,195 | 26,765,286 | 28,695,595 | 25,755,924 | 22,799,951 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 6,741,000 | 1,874,000 | 2,974,000 | 3,028,000 | 2,261,000 | 3,246,671 | 1,753,602 | 1,922,665 | 1,737,753 | 1,883,472 | 1,818,223 | 1,672,447 | 1,541,726 | 1,248,219 |
| Group/Directors Accounts | 31,222,000 | 21,548,000 | 16,068,000 | 2,055,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,187,100 | 2,420,800 | 1,947,824 |
| other short term finances | 0 | 0 | 0 | 85,000 | 300,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 21,000 | 70,000 | 78,000 | 338,000 | 195,029 | 0 | 21,216 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 12,856,000 | 17,081,000 | 15,383,000 | 8,904,000 | 9,520,000 | 12,661,378 | 13,853,978 | 9,073,337 | 7,441,501 | 7,923,718 | 8,186,706 | 8,084,263 | 7,004,826 | 6,712,788 |
| total current liabilities | 50,819,000 | 40,524,000 | 34,495,000 | 14,150,000 | 12,419,000 | 16,103,078 | 15,607,580 | 11,017,218 | 9,179,254 | 9,807,190 | 10,004,929 | 12,943,810 | 10,967,352 | 9,908,831 |
| loans | 0 | 0 | 0 | 5,027,000 | 1,476,000 | 1,352,349 | 1,352,398 | 1,352,398 | 1,352,398 | 1,360,080 | 1,360,080 | 1,360,080 | 1,360,080 | 1,360,080 |
| hp & lease commitments | 0 | 0 | 0 | 77,000 | 568,000 | 292,543 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 100,000 | 200,000 | 300,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 194,000 | 285,000 | 478,000 | 234,000 | 0 | 246,633 | 246,633 | 246,633 | 246,633 | 252,033 | 252,033 | 319,567 | 0 | 0 |
| total long term liabilities | 194,000 | 285,000 | 478,000 | 5,338,000 | 2,044,000 | 1,991,525 | 1,799,031 | 1,899,031 | 1,599,031 | 1,612,113 | 1,612,113 | 1,679,647 | 1,360,080 | 1,360,080 |
| total liabilities | 51,013,000 | 40,809,000 | 34,973,000 | 19,488,000 | 14,463,000 | 18,094,603 | 17,406,611 | 12,916,249 | 10,778,285 | 11,419,303 | 11,617,042 | 14,623,457 | 12,327,432 | 11,268,911 |
| net assets | 2,346,000 | 6,404,000 | 13,406,000 | 21,452,000 | 24,028,000 | 23,262,214 | 19,584,244 | 21,227,785 | 19,449,046 | 17,057,892 | 15,148,244 | 14,072,138 | 13,428,492 | 11,531,040 |
| total shareholders funds | 2,346,000 | 6,404,000 | 13,406,000 | 21,452,000 | 24,028,000 | 23,262,214 | 19,584,244 | 21,227,785 | 19,449,046 | 17,057,892 | 15,148,244 | 14,072,138 | 13,428,492 | 11,531,040 |
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -4,515,000 | -7,203,000 | -8,555,000 | -1,269,000 | -1,634,000 | 4,406,842 | -1,879,784 | 2,339,793 | 2,220,265 | 1,902,078 | 1,071,582 | 633,878 | 1,887,517 | 2,506,929 |
| Depreciation | 1,727,000 | 1,816,000 | 1,732,000 | 1,859,000 | 1,326,961 | 1,112,266 | 1,230,937 | 1,168,894 | 1,128,935 | 1,160,970 | 1,147,274 | 1,106,265 | 1,053,110 | |
| Amortisation | 804,000 | 914,000 | 925,000 | 794,000 | 337,637 | 231,091 | 15,548 | 21,281 | 72,315 | 58,399 | 51,955 | 49,222 | 49,222 | |
| Tax | 454,000 | 289,000 | 1,922,000 | 80,000 | -80,000 | -726,238 | 231,775 | -564,225 | 168,467 | 0 | 0 | 0 | 0 | 0 |
| Stock | -70,000 | 80,000 | 254,000 | -119,000 | -77,854 | 438,763 | 174,705 | -133,707 | 95,157 | 19,830 | -62,092 | 285,039 | -60,309 | 940,468 |
| Debtors | 7,124,000 | 274,000 | 7,627,000 | -507,000 | -2,147,809 | 2,198,090 | 2,719,977 | 2,042,456 | 1,811,439 | 3,856,156 | -564,310 | 2,547,148 | 3,785,406 | 12,150,447 |
| Creditors | 4,867,000 | -1,100,000 | -54,000 | 767,000 | -985,671 | 1,493,069 | -169,063 | 184,912 | -145,719 | 65,249 | 145,776 | 130,721 | 293,507 | 1,248,219 |
| Accruals and Deferred Income | -4,225,000 | 1,698,000 | 6,479,000 | -616,000 | -3,241,378 | -1,292,600 | 4,680,641 | 1,931,836 | -482,217 | -262,988 | 102,443 | 1,079,437 | 292,038 | 6,712,788 |
| Deferred Taxes & Provisions | -91,000 | -193,000 | 244,000 | 234,000 | -246,633 | 0 | 0 | 0 | -5,400 | 0 | -67,534 | 319,567 | 0 | 0 |
| Cash flow from operations | -8,033,000 | -4,133,000 | -5,188,000 | 2,475,000 | 2,908,818 | 1,312,244 | 3,230,052 | 1,038,975 | -970,397 | 3,098,038 | 530,645 | -96,548 | -1,520,647 | |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 30,000 | 1,027,000 | 704,771 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42,229 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 9,674,000 | 5,480,000 | 14,013,000 | 2,055,000 | 0 | 0 | 0 | 0 | 0 | 0 | -3,187,100 | 766,300 | 472,976 | 1,947,824 |
| Other Short Term Loans | 0 | 0 | -85,000 | -215,000 | 300,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -5,027,000 | 3,551,000 | 123,651 | -49 | 0 | 0 | -7,682 | 0 | 0 | 0 | 0 | 1,360,080 |
| Hire Purchase and Lease Commitments | -21,000 | -49,000 | -85,000 | -751,000 | 418,428 | 487,572 | -21,216 | 21,216 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 3,000 | -88,000 | -99,000 | -148,000 | -24,000 | -2,634 | 4,468 | 3,171 | 2,422 | 7,570 | 4,524 | 9,768 | 9,935 | 16,775 |
| cash flow from financing | 9,656,000 | 5,343,000 | 7,403,000 | 4,492,000 | 817,865 | 484,889 | -16,748 | 24,387 | -5,260 | 7,570 | -3,182,576 | 776,068 | 482,911 | 12,332,015 |
| cash and cash equivalents | ||||||||||||||
| cash | 231,000 | 62,000 | -266,000 | 370,000 | -803,951 | -1,177,126 | -480,156 | 1,588,118 | 14,544 | -1,262,201 | -446,109 | 703,049 | -387,549 | 2,815,381 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 231,000 | 62,000 | -266,000 | 370,000 | -803,951 | -1,177,126 | -480,156 | 1,588,118 | 14,544 | -1,262,201 | -446,109 | 703,049 | -387,549 | 2,815,381 |
P&L
August 2022turnover
34.4m
+28%
operating profit
-4.5m
-37%
gross margin
44.8%
+22.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2022net assets
2.3m
-0.63%
total assets
53.4m
+0.13%
cash
961k
+0.32%
net assets
Total assets minus all liabilities
lasercare clinics (harrogate) limited company details
company number
02545572
Type
Private limited with Share Capital
industry
86220 - Specialist medical practice activities
incorporation date
October 1990
age
34
accounts
Full Accounts
ultimate parent company
previous names
lasercare clinics limited (November 1993)
aplomb developments limited (November 1990)
incorporated
UK
address
2 bromwich court, 1st floor, gorsey lane, birmingham, B46 1JU
last accounts submitted
August 2022
lasercare clinics (harrogate) 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 11 charges/mortgages relating to lasercare clinics (harrogate) limited. Currently there are 4 open charges and 7 have been satisfied in the past.
lasercare clinics (harrogate) limited Companies House Filings - See Documents
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