ieso digital health limited
ieso digital health limited Company Information
Company Number
04063351
Website
www.iesohealth.comRegistered Address
the jeffreys building, cowley road, cambridge, cambridgeshire, CB4 0DS
Industry
Other human health activities
Telephone
448000745560
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
touchstone innovations businesses llp 20.9%
morningside venture investments limited 18.2%
View Allieso digital health limited Estimated Valuation
Pomanda estimates the enterprise value of IESO DIGITAL HEALTH LIMITED at £4.8m based on a Turnover of £9.2m and 0.52x industry multiple (adjusted for size and gross margin).
ieso digital health limited Estimated Valuation
Pomanda estimates the enterprise value of IESO DIGITAL HEALTH LIMITED at £0 based on an EBITDA of £-16.5m and a 4.81x industry multiple (adjusted for size and gross margin).
ieso digital health limited Estimated Valuation
Pomanda estimates the enterprise value of IESO DIGITAL HEALTH LIMITED at £21.3m based on Net Assets of £9.2m and 2.32x industry multiple (adjusted for liquidity).
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Ieso Digital Health Limited Overview
Ieso Digital Health Limited is a live company located in cambridge, CB4 0DS with a Companies House number of 04063351. It operates in the other human health activities sector, SIC Code 86900. Founded in September 2000, it's largest shareholder is touchstone innovations businesses llp with a 20.9% stake. Ieso Digital Health Limited is a mature, mid sized company, Pomanda has estimated its turnover at £9.2m with healthy growth in recent years.
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Ieso Digital Health Limited Health Check
Pomanda's financial health check has awarded Ieso Digital Health Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £9.2m, make it larger than the average company (£841.8k)
£9.2m - Ieso Digital Health Limited
£841.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (4.7%)
7% - Ieso Digital Health Limited
4.7% - Industry AVG
Production
with a gross margin of 44.7%, this company has a lower cost of product (34.7%)
44.7% - Ieso Digital Health Limited
34.7% - Industry AVG
Profitability
an operating margin of -187.1% make it less profitable than the average company (7.3%)
-187.1% - Ieso Digital Health Limited
7.3% - Industry AVG
Employees
with 177 employees, this is above the industry average (20)
177 - Ieso Digital Health Limited
20 - Industry AVG
Pay Structure
on an average salary of £76.7k, the company has a higher pay structure (£24.6k)
£76.7k - Ieso Digital Health Limited
£24.6k - Industry AVG
Efficiency
resulting in sales per employee of £52k, this is equally as efficient (£48k)
£52k - Ieso Digital Health Limited
£48k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is near the average (24 days)
26 days - Ieso Digital Health Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is slower than average (16 days)
23 days - Ieso Digital Health Limited
16 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ieso Digital Health Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 109 weeks, this is average cash available to meet short term requirements (109 weeks)
109 weeks - Ieso Digital Health Limited
109 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.6%, this is a higher level of debt than the average (26.1%)
35.6% - Ieso Digital Health Limited
26.1% - Industry AVG
IESO DIGITAL HEALTH LIMITED financials
Ieso Digital Health Limited's latest turnover from December 2022 is £9.2 million and the company has net assets of £9.2 million. According to their latest financial statements, Ieso Digital Health Limited has 177 employees and maintains cash reserves of £10.4 million 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 | Dec 2015 | Dec 2014 | Dec 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 9,204,000 | 9,674,000 | 9,514,000 | 7,459,718 | 4,904,830 | 4,510,879 | 2,659,299 | 1,567,667 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 5,091,000 | 5,076,000 | 5,235,000 | 4,369,623 | 2,659,535 | 2,312,357 | 1,593,908 | 784,275 | ||||||
| Gross Profit | 4,113,000 | 4,598,000 | 4,279,000 | 3,090,095 | 2,245,295 | 2,198,522 | 1,065,391 | 783,392 | ||||||
| Admin Expenses | 21,336,000 | 13,929,000 | 10,299,000 | 13,013,280 | 12,374,833 | 8,440,877 | 4,903,743 | 2,705,691 | ||||||
| Operating Profit | -17,223,000 | -9,331,000 | -6,020,000 | -9,923,185 | -10,129,538 | -6,242,355 | -3,838,352 | -1,922,299 | ||||||
| Interest Payable | 80,000 | 951,000 | 450,000 | 315,373 | 56,952 | 84,248 | 439 | 0 | ||||||
| Interest Receivable | 154,000 | 0 | 0 | 12,925 | 18,855 | 14 | 4 | 193 | ||||||
| Pre-Tax Profit | -17,149,000 | -10,282,000 | -6,470,000 | -10,225,633 | -10,167,635 | -6,326,589 | -3,838,787 | -1,922,106 | ||||||
| Tax | 1,386,000 | 847,000 | 854,000 | 778,904 | 721,674 | 417,827 | 203,710 | 138,663 | ||||||
| Profit After Tax | -15,763,000 | -9,435,000 | -5,616,000 | -9,446,729 | -9,445,961 | -5,908,762 | -3,635,077 | -1,783,443 | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Retained Profit | -15,763,000 | -9,435,000 | -5,616,000 | -9,446,729 | -9,445,961 | -5,908,762 | -3,635,077 | -1,783,443 | ||||||
| Employee Costs | 13,578,000 | 9,249,000 | 7,254,000 | 7,302,432 | 6,122,379 | 4,148,895 | ||||||||
| Number Of Employees | 177 | 129 | 102 | 102 | 92 | 56 | 47 | 35 | ||||||
| EBITDA* | -16,522,000 | -8,886,000 | -5,648,000 | -9,665,365 | -9,907,970 | -6,199,124 | -3,812,119 | -1,903,837 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 307,000 | 509,000 | 719,000 | 179,431 | 437,415 | 105,799 | 51,749 | 21,479 | 9,677 | 5,484 | 1,671 | 535 | 75 | 101 |
| Intangible Assets | 0 | 1,418,000 | 953,000 | 0 | 0 | 0 | 26,465 | 35,287 | 47,050 | 62,734 | 58,125 | 2,390 | 3,187 | 4,250 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 307,000 | 1,927,000 | 1,672,000 | 179,431 | 437,415 | 105,799 | 78,214 | 56,766 | 56,727 | 68,218 | 59,796 | 2,925 | 3,262 | 4,351 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 672,000 | 809,000 | 299,000 | 1,156,968 | 1,164,361 | 845,906 | 529,148 | 238,612 | 315,593 | 115,436 | 63,382 | 10,960 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,463,000 | 1,342,000 | 1,107,000 | 2,149,222 | 2,178,409 | 1,133,307 | 568,731 | 347,312 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 10,415,000 | 25,329,000 | 1,075,000 | 2,316,270 | 6,548,981 | 13,630,401 | 1,265,739 | 2,275,642 | 473,974 | 468,233 | 103,161 | 420,673 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 13,936,000 | 29,174,000 | 3,328,000 | 5,622,460 | 9,891,751 | 15,609,614 | 2,363,618 | 2,861,566 | 789,567 | 583,669 | 166,543 | 431,633 | 0 | 0 |
| total assets | 14,243,000 | 31,101,000 | 5,000,000 | 5,801,891 | 10,329,166 | 15,715,413 | 2,441,832 | 2,918,332 | 846,294 | 651,887 | 226,339 | 434,558 | 3,262 | 4,351 |
| Bank overdraft | 0 | 1,288,000 | 4,646,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 1,333,333 | 1,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 327,000 | 587,000 | 322,000 | 375,195 | 977,471 | 595,877 | 430,135 | 250,775 | 197,424 | 62,626 | 137,875 | 102,435 | 95,822 | 90,016 |
| 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 | 73,000 | 207,000 | 216,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 4,545,000 | 4,164,000 | 3,718,000 | 2,798,942 | 1,472,569 | 1,552,018 | 755,420 | 343,881 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 4,945,000 | 6,246,000 | 8,902,000 | 4,507,470 | 3,450,040 | 2,147,895 | 1,185,555 | 594,656 | 197,424 | 62,626 | 137,875 | 102,435 | 95,822 | 90,016 |
| loans | 0 | 146,000 | 3,136,000 | 1,666,667 | 3,000,000 | 0 | 2,560,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 73,000 | 280,000 | 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 | 59,980 | 59,980 | 59,980 | 0 | 0 | 0 |
| provisions | 260,000 | 156,000 | 152,000 | 0 | 0 | 58,678 | 0 | 2,455 | 1,935 | 1,097 | 334 | 0 | 0 | 0 |
| total long term liabilities | 130,000 | 151,000 | 1,644,000 | 1,666,667 | 3,000,000 | 58,678 | 2,560,000 | 2,455 | 61,915 | 61,077 | 60,314 | 0 | 0 | 0 |
| total liabilities | 5,075,000 | 6,397,000 | 10,546,000 | 6,174,137 | 6,450,040 | 2,206,573 | 3,745,555 | 597,111 | 259,339 | 123,703 | 198,189 | 102,435 | 95,822 | 90,016 |
| net assets | 9,168,000 | 24,704,000 | -5,546,000 | -372,246 | 3,879,126 | 13,508,840 | -1,303,723 | 2,321,221 | 586,955 | 528,184 | 28,150 | 332,123 | -92,560 | -85,665 |
| total shareholders funds | 9,168,000 | 24,704,000 | -5,546,000 | -372,246 | 3,879,126 | 13,508,840 | -1,303,723 | 2,321,221 | 586,955 | 528,184 | 28,150 | 332,123 | -92,560 | -85,665 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -17,223,000 | -9,331,000 | -6,020,000 | -9,923,185 | -10,129,538 | -6,242,355 | -3,838,352 | -1,922,299 | ||||||
| Depreciation | 399,000 | 355,000 | 372,000 | 257,820 | 221,568 | 36,614 | 17,411 | 6,699 | 4,408 | 2,321 | 825 | 40 | 1,062 | 33 |
| Amortisation | 302,000 | 90,000 | 0 | 0 | 0 | 6,617 | 8,822 | 11,763 | 15,684 | 26,598 | 7,700 | 797 | 25 | 1,416 |
| Tax | 1,386,000 | 847,000 | 854,000 | 778,904 | 721,674 | 417,827 | 203,710 | 138,663 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -16,000 | 745,000 | -1,900,190 | -36,580 | 1,363,557 | 881,334 | 511,955 | 270,331 | 200,157 | 52,054 | 52,422 | 10,960 | 0 | 0 |
| Creditors | -260,000 | 265,000 | -53,195 | -602,276 | 381,594 | 165,742 | 179,360 | 53,351 | 134,798 | -75,249 | 35,440 | 6,613 | 5,806 | 90,016 |
| Accruals and Deferred Income | 381,000 | 446,000 | 919,058 | 1,326,373 | -79,449 | 796,598 | 411,539 | 343,881 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 104,000 | 4,000 | 152,000 | 0 | -58,678 | 58,678 | -2,455 | 520 | 838 | 763 | 334 | 0 | 0 | 0 |
| Cash flow from operations | -14,895,000 | -8,069,000 | -1,875,947 | -8,125,784 | -10,306,386 | -5,641,613 | -3,531,920 | -1,637,753 | ||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | -90,896 | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | -90,896 | |||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | -1,333,333 | 333,333 | 1,000,000 | 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 | -146,000 | -2,990,000 | 1,469,333 | -1,333,333 | 3,000,000 | -2,560,000 | 2,560,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -207,000 | -216,000 | 496,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -59,980 | 0 | 0 | 59,980 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 74,000 | -951,000 | -450,000 | -302,448 | -38,097 | -84,234 | -435 | 193 | ||||||
| cash flow from financing | -52,000 | 35,528,000 | 624,246 | 3,892,909 | 3,778,150 | 18,077,091 | 2,569,698 | 3,457,922 | ||||||
| cash and cash equivalents | ||||||||||||||
| cash | -14,914,000 | 24,254,000 | -1,241,270 | -4,232,711 | -7,081,420 | 12,364,662 | -1,009,903 | 1,801,668 | 5,741 | 365,072 | -317,512 | 420,673 | 0 | 0 |
| overdraft | -1,288,000 | -3,358,000 | 4,646,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -13,626,000 | 27,612,000 | -5,887,270 | -4,232,711 | -7,081,420 | 12,364,662 | -1,009,903 | 1,801,668 | 5,741 | 365,072 | -317,512 | 420,673 | 0 | 0 |
ieso digital health limited Credit Report and Business Information
Ieso Digital Health Limited Competitor Analysis
Perform a competitor analysis for ieso digital health limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
ieso digital health limited Ownership
IESO DIGITAL HEALTH LIMITED group structure
Ieso Digital Health Limited has 1 subsidiary company.
Ultimate parent company
IESO DIGITAL HEALTH LIMITED
04063351
1 subsidiary
ieso digital health limited directors
Ieso Digital Health Limited currently has 7 directors. The longest serving directors include Dr Andrew Richards (May 2011) and Mrs Joanne Parfrey (Feb 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Andrew Richards | 64 years | May 2011 | - | Director | |
| Mrs Joanne Parfrey | 51 years | Feb 2021 | - | Director | |
| Mr Michael Black | United Kingdom | 58 years | Jun 2021 | - | Director |
| Mr Michael Black | United Kingdom | 58 years | Jun 2021 | - | Director |
| Mr Stephen Bruso | United States | 37 years | Oct 2021 | - | Director |
| Mr David Icke | England | 59 years | Dec 2022 | - | Director |
| Dr John Marsh | England | 53 years | Feb 2023 | - | Director |
P&L
December 2022turnover
9.2m
-5%
operating profit
-17.2m
+85%
gross margin
44.7%
-5.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
9.2m
-0.63%
total assets
14.2m
-0.54%
cash
10.4m
-0.59%
net assets
Total assets minus all liabilities
Similar Companies
ieso digital health limited company details
company number
04063351
Type
Private limited with Share Capital
industry
86900 - Other human health activities
incorporation date
September 2000
age
24
accounts
Group
ultimate parent company
previous names
psychologyonline.co.uk limited (January 2015)
incorporated
UK
address
the jeffreys building, cowley road, cambridge, cambridgeshire, CB4 0DS
last accounts submitted
December 2022
ieso digital health 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 5 charges/mortgages relating to ieso digital health limited. Currently there are 1 open charges and 4 have been satisfied in the past.
ieso digital health limited Companies House Filings - See Documents
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