medingate limited
medingate limited Company Information
Company Number
03693697
Website
morningsideresthome.comRegistered Address
regency house, 45-53 chorley new road, bolton, BL1 4QR
Industry
Other residential care activities
Telephone
-
Next Accounts Due
June 2024
Group Structure
View All
Directors
Raghbir Lyall6 Years
Shareholders
fourstars holdings ltd 100%
medingate limited Estimated Valuation
Pomanda estimates the enterprise value of MEDINGATE LIMITED at £4.8m based on a Turnover of £8.1m and 0.6x industry multiple (adjusted for size and gross margin).
medingate limited Estimated Valuation
Pomanda estimates the enterprise value of MEDINGATE LIMITED at £778.3k based on an EBITDA of £211.6k and a 3.68x industry multiple (adjusted for size and gross margin).
medingate limited Estimated Valuation
Pomanda estimates the enterprise value of MEDINGATE LIMITED at £4m based on Net Assets of £1.4m and 2.9x industry multiple (adjusted for liquidity).
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Medingate Limited Overview
Medingate Limited is a dissolved company that was located in bolton, BL1 4QR with a Companies House number of 03693697. It operated in the other residential care activities n.e.c. sector, SIC Code 87900. Founded in January 1999, it's largest shareholder was fourstars holdings ltd with a 100% stake. The last turnover for Medingate Limited was estimated at £8.1m.
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Medingate Limited Health Check
Pomanda's financial health check has awarded Medingate Limited a 4 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
5 Strong
1 Regular
4 Weak
Size
annual sales of £8.1m, make it larger than the average company (£1.4m)
- Medingate Limited
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (5%)
- Medingate Limited
5% - Industry AVG
Production
with a gross margin of 29.5%, this company has a higher cost of product (39.6%)
- Medingate Limited
39.6% - Industry AVG
Profitability
an operating margin of 2.6% make it less profitable than the average company (10.2%)
- Medingate Limited
10.2% - Industry AVG
Employees
with 167 employees, this is above the industry average (45)
- Medingate Limited
45 - Industry AVG
Pay Structure
on an average salary of £20.7k, the company has an equivalent pay structure (£20.7k)
- Medingate Limited
£20.7k - Industry AVG
Efficiency
resulting in sales per employee of £48.5k, this is more efficient (£36.4k)
- Medingate Limited
£36.4k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is later than average (21 days)
- Medingate Limited
21 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (11 days)
- Medingate Limited
11 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Medingate Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Medingate Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.6%, this is a lower level of debt than the average (34.2%)
20.6% - Medingate Limited
34.2% - Industry AVG
MEDINGATE LIMITED financials
Medingate Limited's latest turnover from August 2017 is estimated at £8.1 million and the company has net assets of £1.4 million. According to their latest financial statements, we estimate that Medingate Limited has 167 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 569,036 | 541,863 | 557,107 | 576,060 | 566,788 | 577,066 | 593,921 | 607,855 | 627,626 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 569,036 | 541,863 | 557,107 | 576,060 | 566,788 | 577,066 | 593,921 | 607,855 | 627,626 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,168,598 | 13,930 | 25,459 | 824,237 | 797,284 | 601,440 | 320,822 | 335,117 | 213,385 |
| Group Debtors | 0 | 1,053,505 | 931,702 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 8,035 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 6,624 | 0 | 22,509 | 9,288 | 25,596 | 5,595 | 26,757 | 14,329 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,168,598 | 1,074,059 | 965,196 | 846,746 | 806,572 | 627,036 | 326,417 | 361,874 | 227,714 |
| total assets | 1,737,634 | 1,615,922 | 1,522,303 | 1,422,806 | 1,373,360 | 1,204,102 | 920,338 | 969,729 | 855,340 |
| Bank overdraft | 0 | 0 | 4,724 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 87,293 | 13,514 | 12,230 | 93,368 | 94,823 | 55,650 | 194,012 | 341,473 | 321,986 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 71,345 | 65,521 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 87,293 | 84,859 | 82,475 | 93,368 | 94,823 | 55,650 | 194,012 | 341,473 | 321,986 |
| loans | 0 | 299,839 | 318,589 | 310,089 | 289,299 | 282,299 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 12,904 | 17,026 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 270,230 | 0 | 0 | 20,514 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 270,230 | 312,743 | 335,615 | 330,603 | 289,299 | 282,299 | 0 | 0 | 0 |
| total liabilities | 357,523 | 397,602 | 418,090 | 423,971 | 384,122 | 337,949 | 194,012 | 341,473 | 321,986 |
| net assets | 1,380,111 | 1,218,320 | 1,104,213 | 998,835 | 989,238 | 866,153 | 726,326 | 628,256 | 533,354 |
| total shareholders funds | 1,380,111 | 1,218,320 | 1,104,213 | 998,835 | 989,238 | 866,153 | 726,326 | 628,256 | 533,354 |
| Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 21,372 | 20,465 | 19,678 | 17,763 | 17,329 | 18,538 | 19,771 | 21,867 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 101,163 | 102,239 | 140,959 | 26,953 | 195,844 | 280,618 | -14,295 | 121,732 | 213,385 |
| Creditors | 73,779 | 1,284 | -81,138 | -1,455 | 39,173 | -138,362 | -147,461 | 19,487 | 321,986 |
| Accruals and Deferred Income | -71,345 | 5,824 | 65,521 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -299,839 | -18,750 | 8,500 | 20,790 | 7,000 | 282,299 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -12,904 | -4,122 | 17,026 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 270,230 | 0 | -20,514 | 20,514 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -6,624 | 6,624 | -22,509 | 13,221 | -16,308 | 20,001 | -21,162 | 12,428 | 14,329 |
| overdraft | 0 | -4,724 | 4,724 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -6,624 | 11,348 | -27,233 | 13,221 | -16,308 | 20,001 | -21,162 | 12,428 | 14,329 |
medingate limited Credit Report and Business Information
Medingate Limited Competitor Analysis
Perform a competitor analysis for medingate limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
medingate limited Ownership
MEDINGATE LIMITED group structure
Medingate Limited has no subsidiary companies.
medingate limited directors
Medingate Limited currently has 1 director, Mr Raghbir Lyall serving since Feb 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Raghbir Lyall | 93 years | Feb 2018 | - | Director |
P&L
August 2017turnover
8.1m
+5793%
operating profit
211.6k
0%
gross margin
29.5%
-0.68%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2017net assets
1.4m
+0.13%
total assets
1.7m
+0.08%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
medingate limited company details
company number
03693697
Type
Private limited with Share Capital
industry
87900 - Other residential care activities
incorporation date
January 1999
age
25
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
regency house, 45-53 chorley new road, bolton, BL1 4QR
last accounts submitted
August 2017
medingate 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 4 charges/mortgages relating to medingate limited. Currently there are 3 open charges and 1 have been satisfied in the past.
medingate limited Companies House Filings - See Documents
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