Medicom Healthcare Limited

POWER SEARCH PRICING

SOLUTIONS

medicom healthcare limited Company Information

Live

MatureMidHealthy

Company Number

03949112

Next Accounts

52 days late

Industry

Wholesale of pharmaceutical goods

Directors

Atul Ajgaonkar

Simon Martin

Shareholders

simon martin

atul vijay ajgaonkar

View All

Group Structure

View All

Contact

Registered Address

lynton house, 7-12 tavistock square, london, WC1H 9LT

Website

www.medicomhealthcare.com

medicom healthcare limited Estimated Valuation

£13.4m

Pomanda estimates the enterprise value of MEDICOM HEALTHCARE LIMITED at £13.4m based on a Turnover of £13.5m and 0.99x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Medicom Healthcare Limited is a live company located in london, WC1H 9LT with a Companies House number of 03949112. It operates in the wholesale of pharmaceutical goods sector, SIC Code 46460. Founded in March 2000, it's largest shareholder is simon martin with a 50% stake. Medicom Healthcare Limited is a mature, mid sized company, Pomanda has estimated its turnover at £13.5m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Medicom Healthcare Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating2.5out of 5

3 Strong

3 Regular

6 Weak

Size

annual sales of £13.5m, make it smaller than the average company (£25.7m)

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (4.4%)

EXPORT

Medicom Healthcare Limited's latest turnover from December 2022 is £13.5 million and the company has net assets of £1.2 million. According to their latest financial statements, Medicom Healthcare Limited has 38 employees and maintains cash reserves of £14.1 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Turnover	13,537,587	11,509,595	12,084,628	11,437,475	9,344,817	7,942,165	10,768,178	7,199,905	5,814,117	1,181,001	1,779,587	1,241,267	628,657	941,939
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	6,753,591	5,542,367	6,322,003	8,361,572	6,800,556	5,765,415	7,690,713	5,250,013	4,271,910	871,884	1,351,456	952,715	486,617	656,276
Gross Profit	6,783,996	5,967,228	5,762,625	3,075,904	2,544,262	2,176,750	3,077,465	1,949,892	1,542,208	309,118	428,131	288,552	142,040	285,663
Admin Expenses	6,835,050	5,333,786	5,688,475	2,311,383	1,911,431	2,088,840	2,867,811	1,830,444	1,153,956	443,689	371,178	353,870	103,284	91,489
Operating Profit	-51,054	633,442	74,150	764,521	632,831	87,910	209,654	119,448	388,252	-134,571	56,953	-65,318	38,756	194,174
Interest Payable	41,531	25,357	27,497	19,136	31,288	18,904	0	0	0	0	0	0	0	0
Interest Receivable	0	1,875	79	1,755	1,548	573	563	915	873	261	343	691	1,166	642
Pre-Tax Profit	-92,585	609,960	46,732	747,140	603,091	69,579	210,216	120,363	389,125	-134,310	57,296	-64,627	39,922	194,817
Tax	111,526	-139,683	234,874	-141,957	-114,587	-13,220	-42,043	-24,072	-81,716	0	-13,751	0	-11,178	-54,549
Profit After Tax	18,941	470,277	281,606	605,183	488,504	56,359	168,173	96,290	307,409	-134,310	43,545	-64,627	28,744	140,268
Dividends Paid	233,600	480,000	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-214,659	-9,723	281,606	605,183	488,504	56,359	168,173	96,290	307,409	-134,310	43,545	-64,627	28,744	140,268
Employee Costs	3,107,387	2,670,373	2,979,284	2,057,428	1,591,236	1,653,336	1,926,230	1,325,905	492,816	126,678	168,388	124,328	82,194	142,110
Number Of Employees	38	37	44	32	25	27	32	30	11	3	4	3	2	3
EBITDA*	275,287	815,979	203,844	845,308	797,213	108,712	234,562	137,302	393,630	-130,276	70,362	-51,910	51,497	206,742

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Tangible Assets	48,512	85,891	135,607	131,830	72,205	45,177	29,667	33,086	8,592	6,050	3,343	6,267	3,978	3,322
Intangible Assets	955,251	1,097,640	776,454	147,433	111,700	112,376	84,665	0	0	0	0	10,485	20,969	31,454
Investments & Other	1,181	1,181	1,181	1,181	1,181	1,181	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	1,004,944	1,184,712	913,242	280,444	185,086	158,734	114,332	33,086	8,592	6,050	3,343	16,752	24,947	34,776
Stock & work in progress	1,237,164	1,445,497	1,627,827	1,009,782	646,153	465,456	1,063,351	338,024	260,370	35,161	80,014	15,958	53,935	0
Trade Debtors	3,154,421	2,745,744	1,899,077	1,872,893	1,574,349	1,389,046	1,107,393	828,338	879,187	186,346	283,061	228,267	47,406	67,880
Group Debtors	252,355	209,263	209,263	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	832,981	368,402	659,422	344,318	195,950	71,388	28,939	0	0	0	0	0	0	0
Cash	14,097	31,209	334,140	149,713	318,295	94,636	134,728	50,331	315,468	33,803	70,492	66,786	209,572	256,969
misc current assets	0	0	0	0	0	0	15,643	0	0	0	0	0	0	0
total current assets	5,491,018	4,800,115	4,729,729	3,376,706	2,734,747	2,020,526	2,350,054	1,216,693	1,455,025	255,310	433,567	311,011	310,913	324,849
total assets	6,495,962	5,984,827	5,642,971	3,657,150	2,919,833	2,179,260	2,464,386	1,249,779	1,463,617	261,360	436,910	327,763	335,860	359,625
Bank overdraft	0	0	0	0	123,728	236,277	0	0	0	0	0	0	0	0
Bank loan	50,000	73,097	149,838	130,509	0	0	0	0	0	0	0	0	0	0
Trade Creditors	3,274,822	1,863,051	1,886,732	1,214,886	1,023,460	667,217	1,850,683	832,160	1,142,288	247,440	288,680	223,078	166,548	219,057
Group/Directors Accounts	0	0	0	0	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	1,673,384	2,251,036	1,923,782	555,238	501,055	384,513	0	0	0	0	0	0	0	0
total current liabilities	4,998,206	4,187,184	3,960,352	1,900,633	1,648,243	1,288,007	1,850,683	832,160	1,142,288	247,440	288,680	223,078	166,548	219,057
loans	133,964	184,110	199,046	91,112	221,649	345,392	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	124,201	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	191,020	226,102	86,419	25,857	15,576	0	0	0	0	0	0	0	0	0
total long term liabilities	324,984	410,212	285,465	116,969	237,225	345,392	124,201	0	0	0	0	0	0	0
total liabilities	5,323,190	4,597,396	4,245,817	2,017,602	1,885,468	1,633,399	1,974,884	832,160	1,142,288	247,440	288,680	223,078	166,548	219,057
net assets	1,172,772	1,387,431	1,397,154	1,639,548	1,034,365	545,861	489,502	417,619	321,329	13,920	148,230	104,685	169,312	140,568
total shareholders funds	1,172,772	1,387,431	1,397,154	1,639,548	1,034,365	545,861	489,502	417,619	321,329	13,920	148,230	104,685	169,312	140,568

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Operating Activities
Operating Profit	-51,054	633,442	74,150	764,521	632,831	87,910	209,654	119,448	388,252	-134,571	56,953	-65,318	38,756	194,174
Depreciation	58,618	58,453	59,317	45,019	82,191	4,206	24,908	17,854	5,378	4,295	2,924	2,924	2,256	2,084
Amortisation	267,723	124,084	70,377	35,768	82,191	16,596	0	0	0	0	10,485	10,484	10,485	10,484
Tax	111,526	-139,683	234,874	-141,957	-114,587	-13,220	-42,043	-24,072	-81,716	0	-13,751	0	-11,178	-54,549
Stock	-208,333	-182,330	618,045	363,629	180,697	-597,895	802,981	77,654	225,209	-44,853	64,056	-37,977	53,935	0
Debtors	916,348	555,647	550,551	446,912	309,865	324,102	257,145	-50,849	692,841	-96,715	54,794	180,861	-20,474	67,880
Creditors	1,411,771	-23,681	671,846	191,426	356,243	-1,183,466	708,395	-310,128	894,848	-41,240	65,602	56,530	-52,509	219,057
Accruals and Deferred Income	-577,652	327,254	1,368,544	54,183	116,542	260,312	124,201	0	0	0	0	0	0	0
Deferred Taxes & Provisions	-35,082	139,683	60,562	10,281	15,576	0	0	0	0	0	0	0	0	0
Cash flow from operations	477,835	746,235	1,371,074	148,700	680,425	-553,869	-35,011	-223,703	288,712	-29,948	3,363	-138,264	-45,651	303,370
Investing Activities
capital expenditure	0	0	-762,492	-176,145	-190,734	-64,023	-130,648	-42,348	-7,920	-7,002	0	-5,213	-2,912	-47,344
Change in Investments	0	0	0	0	0	1,181	0	0	0	0	0	0	0	0
cash flow from investments	0	0	-762,492	-176,145	-190,734	-65,204	-130,648	-42,348	-7,920	-7,002	0	-5,213	-2,912	-47,344
Financing Activities
Bank loans	-23,097	-76,741	19,329	130,509	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	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	-50,146	-14,936	107,934	-130,537	-123,743	345,392	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	0	0	0	0	0	0
share issue	0	0	-524,000	0	0	0	0	0	0	0	0	0	0	300
interest	-41,531	-23,482	-27,418	-17,381	-29,740	-18,331	563	915	873	261	343	691	1,166	642
cash flow from financing	-114,774	-115,159	-424,155	-17,409	-153,483	327,061	563	915	873	261	343	691	1,166	942
cash and cash equivalents
cash	-17,112	-302,931	184,427	-168,582	223,659	-40,092	-180,740	-265,137	281,665	-36,689	3,706	-142,786	-47,397	256,969
overdraft	0	0	0	-123,728	-112,549	236,277	0	0	0	0	0	0	0	0
change in cash	-17,112	-302,931	184,427	-44,854	336,208	-276,369	-180,740	-265,137	281,665	-36,689	3,706	-142,786	-47,397	256,969

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for medicom healthcare limited. Get real-time insights into medicom healthcare limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for medicom healthcare limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in WC1H area or any other competitors across 12 key performance metrics.

MEDICOM HEALTHCARE LIMITED group structure

Medicom Healthcare Limited has no subsidiary companies.

Ultimate parent company

MEDICOM HEALTHCARE LIMITED

03949112

MEDICOM HEALTHCARE LIMITED Shareholders

simon martin	50%
atul vijay ajgaonkar	25%
madhurika atul ajgaonkar	25%

Medicom Healthcare Limited currently has 2 directors. The longest serving directors include Mr Atul Ajgaonkar (Feb 2007) and Mr Simon Martin (Aug 2007).

officer	country	age	start	end	role
Mr Atul Ajgaonkar	England	59 years	Feb 2007	-	Director
Mr Simon Martin	England	64 years	Aug 2007	-	Director

P&L

December 2022

turnover

13.5m

+18%

operating profit

-51.1k

-108%

gross margin

50.2%

-3.34%

turnover

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

Balance Sheet

December 2022

net assets

1.2m

-0.15%

total assets

6.5m

+0.09%

cash

14.1k

-0.55%

net assets

Total assets minus all liabilities

Similar Companies

miller & miller (chemicals) limited

linepharma international limited

allcures plc

alk-abello limited

devonshire healthcare services limited

company number

03949112

Type

Private limited with Share Capital

industry

46460 - Wholesale of pharmaceutical goods

incorporation date

March 2000

ultimate parent company

None

previous names

medicom consultancy limited (June 2007)

address

lynton house, 7-12 tavistock square, london, WC1H 9LT

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 medicom healthcare limited. Currently there are 2 open charges and 1 have been satisfied in the past.

medicom healthcare limited Company Information

medicom healthcare limited Estimated Valuation

medicom healthcare limited Estimated Valuation

medicom healthcare limited Estimated Valuation

Medicom Healthcare Limited Overview

Medicom Healthcare Limited Health Check

MEDICOM HEALTHCARE LIMITED financials

medicom healthcare limited Credit Report and Business Information

Medicom Healthcare Limited Competitor Analysis

medicom healthcare limited Ownership

medicom healthcare limited directors

medicom healthcare limited company details

medicom healthcare limited Charges & Mortgages

medicom healthcare limited Companies House Filings - See Documents