therapy in praxis limited Company Information
Company Number
03841429
Website
www.therapyinpraxis.co.ukRegistered Address
8b first floor, grimbald crag court, knaresborough, north yorkshire, HG5 8QB
Industry
General medical practice activities
Telephone
01423861215
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
stephen walker 50%
deborah jane kerrison-walker 50%
therapy in praxis limited Estimated Valuation
Pomanda estimates the enterprise value of THERAPY IN PRAXIS LIMITED at £806.9k based on a Turnover of £1.3m and 0.62x industry multiple (adjusted for size and gross margin).
therapy in praxis limited Estimated Valuation
Pomanda estimates the enterprise value of THERAPY IN PRAXIS LIMITED at £3.1m based on an EBITDA of £676.1k and a 4.52x industry multiple (adjusted for size and gross margin).
therapy in praxis limited Estimated Valuation
Pomanda estimates the enterprise value of THERAPY IN PRAXIS LIMITED at £20.6m based on Net Assets of £6m and 3.45x industry multiple (adjusted for liquidity).
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Therapy In Praxis Limited Overview
Therapy In Praxis Limited is a live company located in knaresborough, HG5 8QB with a Companies House number of 03841429. It operates in the general medical practice activities sector, SIC Code 86210. Founded in September 1999, it's largest shareholder is stephen walker with a 50% stake. Therapy In Praxis Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.
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Therapy In Praxis Limited Health Check
Pomanda's financial health check has awarded Therapy In Praxis Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£1.7m)
- Therapy In Praxis Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -21%, show it is growing at a slower rate (6.4%)
- Therapy In Praxis Limited
6.4% - Industry AVG
Production
with a gross margin of 39.5%, this company has a comparable cost of product (39.5%)
- Therapy In Praxis Limited
39.5% - Industry AVG
Profitability
an operating margin of 50.7% make it more profitable than the average company (5.7%)
- Therapy In Praxis Limited
5.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (17)
3 - Therapy In Praxis Limited
17 - Industry AVG
Pay Structure
on an average salary of £28.3k, the company has an equivalent pay structure (£28.3k)
- Therapy In Praxis Limited
£28.3k - Industry AVG
Efficiency
resulting in sales per employee of £431.1k, this is more efficient (£74.8k)
- Therapy In Praxis Limited
£74.8k - Industry AVG
Debtor Days
it gets paid by customers after 91 days, this is later than average (43 days)
- Therapy In Praxis Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (30 days)
- Therapy In Praxis Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Therapy In Praxis Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 667 weeks, this is more cash available to meet short term requirements (40 weeks)
667 weeks - Therapy In Praxis Limited
40 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.2%, this is a lower level of debt than the average (61%)
4.2% - Therapy In Praxis Limited
61% - Industry AVG
therapy in praxis limited Credit Report and Business Information
Therapy In Praxis Limited Competitor Analysis
Perform a competitor analysis for therapy in praxis limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
therapy in praxis limited Ownership
THERAPY IN PRAXIS LIMITED group structure
Therapy In Praxis Limited has no subsidiary companies.
Ultimate parent company
THERAPY IN PRAXIS LIMITED
03841429
therapy in praxis limited directors
Therapy In Praxis Limited currently has 2 directors. The longest serving directors include Ms Deborah Kerrison-Walker (Sep 1999) and Mr Stephen Walker (Sep 2005).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Deborah Kerrison-Walker | England | 57 years | Sep 1999 | - | Director |
Mr Stephen Walker | England | 60 years | Sep 2005 | - | Director |
THERAPY IN PRAXIS LIMITED financials
Therapy In Praxis Limited's latest turnover from September 2022 is estimated at £1.3 million and the company has net assets of £6 million. According to their latest financial statements, Therapy In Praxis Limited has 3 employees and maintains cash reserves of £3.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 926,245 | 924,819 | ||||||||||||
Other Income Or Grants | 0 | 0 | ||||||||||||
Cost Of Sales | 45,856 | 72,990 | ||||||||||||
Gross Profit | 880,389 | 851,829 | ||||||||||||
Admin Expenses | 330,968 | 293,667 | ||||||||||||
Operating Profit | 549,421 | 558,162 | ||||||||||||
Interest Payable | 0 | 399 | ||||||||||||
Interest Receivable | 0 | 0 | ||||||||||||
Pre-Tax Profit | 549,421 | 557,763 | ||||||||||||
Tax | -111,362 | -117,181 | ||||||||||||
Profit After Tax | 438,059 | 440,582 | ||||||||||||
Dividends Paid | 58,422 | 86,500 | ||||||||||||
Retained Profit | 379,637 | 354,082 | ||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 3 | 4 | 4 | 3 | 3 | 5 | ||||||||
EBITDA* | 597,094 | 610,030 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 553,701 | 414,766 | 149,197 | 135,814 | 119,537 | 156,759 | 1,706,638 | 1,369,539 | 904,618 | 470,680 | 894,003 | 554,033 | 179,062 | 220,760 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 275,139 | 347,064 | 997,064 | 997,064 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 553,701 | 414,766 | 424,336 | 482,878 | 1,116,601 | 1,153,823 | 1,706,638 | 1,369,539 | 904,618 | 470,680 | 894,003 | 554,033 | 179,062 | 220,760 |
Stock & work in progress | 0 | 0 | 0 | 570,571 | 570,571 | 547,934 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 325,468 | 252,213 | 468,181 | 228,256 | 520,283 | 195,956 | 146,432 | 96,943 | 53,248 | 114,642 | 59,960 | 455,932 | 368,918 | 255,823 |
Group Debtors | 2,000,000 | 800,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 19,779 | 9,030 | 10,012 | 34,150 | 53,777 | 22,667 | 22,282 | 276,822 | 60,902 | 0 | 0 | 0 | 0 | 0 |
Cash | 3,323,659 | 4,189,361 | 3,746,130 | 2,730,352 | 1,842,785 | 1,567,173 | 1,173,705 | 750,895 | 1,052,202 | 1,165,175 | 286,095 | 84,502 | 289,019 | 369,969 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 5,668,906 | 5,250,604 | 4,224,323 | 3,563,329 | 2,987,416 | 2,333,730 | 1,342,419 | 1,124,660 | 1,166,352 | 1,279,817 | 346,055 | 540,434 | 657,937 | 625,792 |
total assets | 6,222,607 | 5,665,370 | 4,648,659 | 4,046,207 | 4,104,017 | 3,487,553 | 3,049,057 | 2,494,199 | 2,070,970 | 1,750,497 | 1,240,058 | 1,094,467 | 836,999 | 846,552 |
Bank overdraft | 13,783 | 8,711 | 2,235 | 6,618 | 7,072 | 9,398 | 4,289 | 9,711 | 9,814 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 21,498 | 33,495 | 6,265 | 6,446 | 5,324 | 15,245 | 31,767 | 49,444 | 10,147 | 165,890 | 69,050 | 88,086 | 35,783 | 100,480 |
Group/Directors Accounts | 0 | 0 | 1,500 | 1,638 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 223,785 | 207,173 | 140,705 | 45,266 | 169,019 | 145,671 | 153,234 | 116,064 | 112,686 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 259,066 | 249,379 | 150,705 | 59,968 | 181,415 | 170,314 | 189,290 | 175,219 | 132,647 | 165,890 | 69,050 | 88,086 | 35,783 | 100,480 |
loans | 0 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,897 | 12,897 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 3,701 | 12,903 | 17,685 | 16,913 | 15,893 | 6,362 | 8,916 | 10,316 | 13,150 | 16,436 |
total long term liabilities | 0 | 50,000 | 0 | 0 | 3,701 | 12,903 | 17,685 | 16,913 | 15,893 | 16,259 | 21,813 | 10,316 | 13,150 | 16,436 |
total liabilities | 259,066 | 299,379 | 150,705 | 59,968 | 185,116 | 183,217 | 206,975 | 192,132 | 148,540 | 182,149 | 90,863 | 98,402 | 48,933 | 116,916 |
net assets | 5,963,541 | 5,365,991 | 4,497,954 | 3,986,239 | 3,918,901 | 3,304,336 | 2,842,082 | 2,302,067 | 1,922,430 | 1,568,348 | 1,149,195 | 996,065 | 788,066 | 729,636 |
total shareholders funds | 5,963,541 | 5,365,991 | 4,497,954 | 3,986,239 | 3,918,901 | 3,304,336 | 2,842,082 | 2,302,067 | 1,922,430 | 1,568,348 | 1,149,195 | 996,065 | 788,066 | 729,636 |
Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 549,421 | 558,162 | ||||||||||||
Depreciation | 19,943 | 24,006 | 32,936 | 29,176 | 25,042 | 38,867 | 37,931 | 47,673 | 51,868 | 39,661 | 37,291 | 40,290 | 31,180 | 40,379 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -111,362 | -117,181 | ||||||||||||
Stock | 0 | 0 | -570,571 | 0 | 22,637 | 547,934 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 1,284,004 | 583,050 | 215,787 | -311,654 | 355,437 | 49,909 | -205,051 | 259,615 | -492 | 54,682 | -395,972 | 87,014 | 113,095 | 255,823 |
Creditors | -11,997 | 27,230 | -181 | 1,122 | -9,921 | -16,522 | -17,677 | 39,297 | -155,743 | 96,840 | -19,036 | 52,303 | -64,697 | 100,480 |
Accruals and Deferred Income | 16,612 | 66,468 | 95,439 | -123,753 | 23,348 | -7,563 | 37,170 | 3,378 | 112,686 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | -3,701 | -9,202 | -4,782 | 772 | 1,020 | 9,531 | -2,554 | -1,400 | -2,834 | -3,286 | 16,436 |
Cash flow from operations | 269,812 | 459,815 | ||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | -275,139 | -71,925 | -650,000 | 0 | 997,064 | 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 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | -1,500 | -138 | 1,638 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -50,000 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9,897 | -3,000 | 12,897 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | 0 | -399 | ||||||||||||
cash flow from financing | 0 | -10,296 | ||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -865,702 | 443,231 | 1,015,778 | 887,567 | 275,612 | 393,468 | 422,810 | -301,307 | -112,973 | 879,080 | 201,593 | -204,517 | -80,950 | 369,969 |
overdraft | 5,072 | 6,476 | -4,383 | -454 | -2,326 | 5,109 | -5,422 | -103 | 9,814 | 0 | 0 | 0 | 0 | 0 |
change in cash | -870,774 | 436,755 | 1,020,161 | 888,021 | 277,938 | 388,359 | 428,232 | -301,204 | -122,787 | 879,080 | 201,593 | -204,517 | -80,950 | 369,969 |
P&L
September 2022turnover
1.3m
+10%
operating profit
656.2k
0%
gross margin
39.5%
-0.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
6m
+0.11%
total assets
6.2m
+0.1%
cash
3.3m
-0.21%
net assets
Total assets minus all liabilities
therapy in praxis limited company details
company number
03841429
Type
Private limited with Share Capital
industry
86210 - General medical practice activities
incorporation date
September 1999
age
25
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
8b first floor, grimbald crag court, knaresborough, north yorkshire, HG5 8QB
last accounts submitted
September 2022
therapy in praxis 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 did not find charges/mortgages relating to therapy in praxis limited.
therapy in praxis limited Companies House Filings - See Documents
date | description | view/download |
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