advanced healthcare technology limited

4.5

advanced healthcare technology limited Company Information

Share ADVANCED HEALTHCARE TECHNOLOGY LIMITED
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Company Number

02744785

Registered Address

unit 6 the mead business centre, mead lane, hertford, hertfordshire, SG13 7BJ

Industry

Manufacture of irradiation, electromedical and electrotherapeutic equipment

 

Telephone

-

Next Accounts Due

April 2025

Group Structure

View All

Directors

Geoffrey Lait19 Years

Mark Lait7 Years

Shareholders

geoffrey john lait 50%

mark lait 50%

advanced healthcare technology limited Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of ADVANCED HEALTHCARE TECHNOLOGY LIMITED at £1.6m based on a Turnover of £1.8m and 0.85x industry multiple (adjusted for size and gross margin).

advanced healthcare technology limited Estimated Valuation

£215.5k

Pomanda estimates the enterprise value of ADVANCED HEALTHCARE TECHNOLOGY LIMITED at £215.5k based on an EBITDA of £39.8k and a 5.42x industry multiple (adjusted for size and gross margin).

advanced healthcare technology limited Estimated Valuation

£1m

Pomanda estimates the enterprise value of ADVANCED HEALTHCARE TECHNOLOGY LIMITED at £1m based on Net Assets of £435.6k and 2.31x industry multiple (adjusted for liquidity).

Valuation Calculator
This valuation is estimated based on financial data from July 2023 

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Advanced Healthcare Technology Limited Overview

Advanced Healthcare Technology Limited is a live company located in hertford, SG13 7BJ with a Companies House number of 02744785. It operates in the manufacture of irradiation, electromedical and electrotherapeutic equipment sector, SIC Code 26600. Founded in September 1992, it's largest shareholder is geoffrey john lait with a 50% stake. Advanced Healthcare Technology Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.8m with healthy growth in recent years.

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Advanced Healthcare Technology Limited Health Check

Pomanda's financial health check has awarded Advanced Healthcare Technology Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £1.8m, make it smaller than the average company (£20.3m)

£1.8m - Advanced Healthcare Technology Limited

£20.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (-4.5%)

12% - Advanced Healthcare Technology Limited

-4.5% - Industry AVG

production

Production

with a gross margin of 16.5%, this company has a higher cost of product (25.4%)

16.5% - Advanced Healthcare Technology Limited

25.4% - Industry AVG

profitability

Profitability

an operating margin of 2.2% make it more profitable than the average company (0.6%)

2.2% - Advanced Healthcare Technology Limited

0.6% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (105)

5 - Advanced Healthcare Technology Limited

105 - Industry AVG

paystructure

Pay Structure

on an average salary of £55.3k, the company has an equivalent pay structure (£55.3k)

£55.3k - Advanced Healthcare Technology Limited

£55.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £367.7k, this is more efficient (£217.5k)

£367.7k - Advanced Healthcare Technology Limited

£217.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 118 days, this is later than average (54 days)

118 days - Advanced Healthcare Technology Limited

54 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 41 days, this is slower than average (26 days)

41 days - Advanced Healthcare Technology Limited

26 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Advanced Healthcare Technology Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Advanced Healthcare Technology Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 28.6%, this is a lower level of debt than the average (46.6%)

28.6% - Advanced Healthcare Technology Limited

46.6% - Industry AVG

advanced healthcare technology limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Advanced Healthcare Technology Limited Competitor Analysis

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Perform a competitor analysis for advanced healthcare technology limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

advanced healthcare technology limited Ownership

ADVANCED HEALTHCARE TECHNOLOGY LIMITED group structure

Advanced Healthcare Technology Limited has no subsidiary companies.

Ultimate parent company

ADVANCED HEALTHCARE TECHNOLOGY LIMITED

02744785

ADVANCED HEALTHCARE TECHNOLOGY LIMITED Shareholders

geoffrey john lait 50%
mark lait 50%

advanced healthcare technology limited directors

Advanced Healthcare Technology Limited currently has 2 directors. The longest serving directors include Mr Geoffrey Lait (Jul 2004) and Mr Mark Lait (Jul 2016).

officercountryagestartendrole
Mr Geoffrey LaitEngland64 years Jul 2004- Director
Mr Mark LaitUnited Kingdom63 years Jul 2016- Director

ADVANCED HEALTHCARE TECHNOLOGY LIMITED financials

EXPORTms excel logo

Advanced Healthcare Technology Limited's latest turnover from July 2023 is estimated at £1.8 million and the company has net assets of £435.6 thousand. According to their latest financial statements, Advanced Healthcare Technology Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Turnover1,838,5242,154,2231,403,8291,315,7691,486,4361,596,7711,406,8031,016,1431,075,077189,047387,662203,296367,818252,4580
Other Income Or Grants000000000000000
Cost Of Sales1,535,7201,681,4861,100,6521,040,6231,209,9301,291,4041,179,835807,471745,334145,613315,128153,073287,926177,6150
Gross Profit302,805472,738303,177275,146276,506305,367226,968208,673329,74443,43472,53450,22279,89274,8440
Admin Expenses263,034502,805288,076254,371223,648263,562122,115125,278299,19788,93611,524-2,79231,25842,306-68,400
Operating Profit39,771-30,06715,10120,77552,85841,805104,85383,39530,547-45,50261,01053,01448,63432,53868,400
Interest Payable000000000000000
Interest Receivable000000002327651,0831,071723396194
Pre-Tax Profit39,771-30,06715,10120,77552,85841,805104,85383,39530,779-44,73762,09454,08649,35732,93368,594
Tax-9,9430-2,869-3,947-10,043-7,943-19,922-16,679-6,1560-14,282-12,981-12,833-9,221-19,206
Profit After Tax29,828-30,06712,23216,82842,81533,86284,93166,71624,623-44,73747,81241,10536,52423,71249,388
Dividends Paid000000000000000
Retained Profit29,828-30,06712,23216,82842,81533,86284,93166,71624,623-44,73747,81241,10536,52423,71249,388
Employee Costs276,557294,05157,81661,05656,83357,717203,357180,390189,45752,23495,25047,28448,79546,5820
Number Of Employees551111433121110
EBITDA*39,771-30,06715,10120,77552,85841,805104,85383,39530,547-44,60261,01053,01448,63832,67568,537

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Tangible Assets12,41214,53619,47010,06313,41817,89024,7548,67711,86900004142
Intangible Assets0000000003,60000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets12,41214,53619,47010,06313,41817,89024,7548,67711,8693,6000004142
Stock & work in progress00000000089,743128,750110,56868,14268,18563,860
Trade Debtors597,238534,920540,586506,512613,332571,098510,435344,559299,61238,56027,12713,41893,33347,55929,120
Group Debtors000000000000000
Misc Debtors000000000000000
Cash00000000092,687213,265220,076208,34480,68977,633
misc current assets000000000000000
total current assets597,238534,920540,586506,512613,332571,098510,435344,559299,612220,990369,142344,062369,819196,433170,613
total assets609,650549,456560,056516,575626,750588,988535,189353,236311,481224,590369,142344,062369,819196,437170,755
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 174,078143,712124,24592,996219,999225,052205,115108,093133,05465,786165,601188,333255,195118,337116,367
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities174,078143,712124,24592,996219,999225,052205,115108,093133,05465,786165,601188,333255,195118,337116,367
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities174,078143,712124,24592,996219,999225,052205,115108,093133,05465,786165,601188,333255,195118,337116,367
net assets435,572405,744435,811423,579406,751363,936330,074245,143178,427158,804203,541155,729114,62478,10054,388
total shareholders funds435,572405,744435,811423,579406,751363,936330,074245,143178,427158,804203,541155,729114,62478,10054,388
Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Operating Activities
Operating Profit39,771-30,06715,10120,77552,85841,805104,85383,39530,547-45,50261,01053,01448,63432,53868,400
Depreciation0000000000004137137
Amortisation00000000090000000
Tax-9,9430-2,869-3,947-10,043-7,943-19,922-16,679-6,1560-14,282-12,981-12,833-9,221-19,206
Stock00000000-89,743-39,00718,18242,426-434,32563,860
Debtors62,318-5,66634,074-106,82042,23460,663165,87644,947261,05211,43313,709-79,91545,77418,43929,120
Creditors30,36619,46731,249-127,003-5,05319,93797,022-24,96167,268-99,815-22,732-66,862136,8581,970116,367
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-2,124-4,9349,407-3,355-4,472-6,86416,077-3,192-79,650-116,843-7,89510,660126,9322,66072,718
Investing Activities
capital expenditure2,1244,934-9,4073,3554,4726,864-16,0773,192-8,269-4,5000001-279
Change in Investments000000000000000
cash flow from investments2,1244,934-9,4073,3554,4726,864-16,0773,192-8,269-4,5000001-279
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00000000-5,000000005,000
interest000000002327651,0831,071723396194
cash flow from financing00000000-4,7687651,0831,0717233965,194
cash and cash equivalents
cash00000000-92,687-120,578-6,81111,732127,6553,05677,633
overdraft000000000000000
change in cash00000000-92,687-120,578-6,81111,732127,6553,05677,633

P&L

July 2023

turnover

1.8m

-15%

operating profit

39.8k

0%

gross margin

16.5%

-24.95%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

July 2023

net assets

435.6k

+0.07%

total assets

609.7k

+0.11%

cash

0

0%

net assets

Total assets minus all liabilities

advanced healthcare technology limited company details

company number

02744785

Type

Private limited with Share Capital

industry

26600 - Manufacture of irradiation, electromedical and electrotherapeutic equipment

incorporation date

September 1992

age

32

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

speed 2959 limited (October 1992)

incorporated

UK

address

unit 6 the mead business centre, mead lane, hertford, hertfordshire, SG13 7BJ

last accounts submitted

July 2023

advanced healthcare technology 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 3 charges/mortgages relating to advanced healthcare technology limited. Currently there are 0 open charges and 3 have been satisfied in the past.

charges

advanced healthcare technology limited Companies House Filings - See Documents

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