mili healthcare limited
mili healthcare limited Company Information
Company Number
04303458
Website
-Registered Address
second floor office suite, 4 chartfield house, taunton, somerset, TA1 4AS
Industry
Retail sale of medical and orthopaedic goods (other than hearing aids) n.e.c., in specialised stores
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
olga lytovska 100%
mili healthcare limited Estimated Valuation
The estimated valuation range for mili healthcare limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £1.3m to £6.1m
mili healthcare limited Estimated Valuation
The estimated valuation range for mili healthcare limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £1.3m to £6.1m
mili healthcare limited Estimated Valuation
The estimated valuation range for mili healthcare limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £1.3m to £6.1m
Get a detailed valuation report, edit figures and unlock valuation multiples.
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Mili Healthcare Limited Overview
Mili Healthcare Limited is a live company located in taunton, TA1 4AS with a Companies House number of 04303458. It operates in the retail sale of medical and orthopaedic goods in specialised stores (not incl. hearing aids) n.e.c. sector, SIC Code 47749. Founded in October 2001, it's largest shareholder is olga lytovska with a 100% stake. Mili Healthcare Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.8m with low growth in recent years.
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Mili Healthcare Limited Health Check
Pomanda's financial health check has awarded Mili Healthcare Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
7 Weak
Size
annual sales of £7.8m, make it smaller than the average company (£11.1m)
£7.8m - Mili Healthcare Limited
£11.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (4.2%)
2% - Mili Healthcare Limited
4.2% - Industry AVG
Production
with a gross margin of 55.5%, this company has a lower cost of product (40.7%)
55.5% - Mili Healthcare Limited
40.7% - Industry AVG
Profitability
an operating margin of 3.2% make it less profitable than the average company (5.3%)
3.2% - Mili Healthcare Limited
5.3% - Industry AVG
Employees
with 52 employees, this is above the industry average (30)
52 - Mili Healthcare Limited
30 - Industry AVG
Pay Structure
on an average salary of £7.5k, the company has a lower pay structure (£51.6k)
£7.5k - Mili Healthcare Limited
£51.6k - Industry AVG
Efficiency
resulting in sales per employee of £150.8k, this is less efficient (£258.1k)
£150.8k - Mili Healthcare Limited
£258.1k - Industry AVG
Debtor Days
it gets paid by customers after 140 days, this is later than average (56 days)
140 days - Mili Healthcare Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 363 days, this is slower than average (27 days)
363 days - Mili Healthcare Limited
27 days - Industry AVG
Stock Days
it holds stock equivalent to 115 days, this is more than average (54 days)
115 days - Mili Healthcare Limited
54 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 22 weeks, this is average cash available to meet short term requirements (20 weeks)
22 weeks - Mili Healthcare Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.5%, this is a higher level of debt than the average (52.9%)
63.5% - Mili Healthcare Limited
52.9% - Industry AVG
mili healthcare limited Credit Report and Business Information
Mili Healthcare Limited Competitor Analysis
Perform a competitor analysis for mili healthcare limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mili healthcare limited Ownership
MILI HEALTHCARE LIMITED group structure
Mili Healthcare Limited has no subsidiary companies.
Ultimate parent company
MILI HEALTHCARE LIMITED
04303458
mili healthcare limited directors
Mili Healthcare Limited currently has 2 directors. The longest serving directors include Mr Stephen Hickson (Nov 2015) and Mrs Olga Lytovska (Dec 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Hickson | England | 76 years | Nov 2015 | - | Director |
| Mrs Olga Lytovska | England | 53 years | Dec 2021 | - | Director |
MILI HEALTHCARE LIMITED financials
Mili Healthcare Limited's latest turnover from December 2022 is £7.8 million and the company has net assets of £2.5 million. According to their latest financial statements, Mili Healthcare Limited has 52 employees and maintains cash reserves of £1.9 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 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,843,411 | 10,145,694 | 8,622,534 | 7,388,791 | 7,684,062 | 6,350,263 | 7,586,285 | 2,307,539 | 6,289,631 | 8,402,942 | 17,889,777 | 18,631,223 | 16,046,592 | 15,264,290 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 3,488,251 | 4,168,825 | 2,908,557 | 2,343,580 | 2,810,322 | 2,257,924 | 3,125,056 | 2,434,716 | 3,649,048 | 6,261,843 | 11,439,415 | 11,329,556 | 9,795,195 | 10,766,305 |
| Gross Profit | 4,355,160 | 5,976,869 | 5,713,977 | 5,045,211 | 4,873,739 | 4,092,338 | 4,461,230 | -127,177 | 2,640,583 | 2,141,099 | 6,450,362 | 7,301,667 | 6,251,398 | 4,497,985 |
| Admin Expenses | 4,101,697 | 5,867,641 | 5,209,092 | 4,544,906 | 3,552,006 | 3,117,817 | 3,203,838 | 1,349,830 | 3,437,756 | |||||
| Operating Profit | 253,463 | 109,228 | 504,885 | 500,305 | 1,321,733 | 974,521 | 1,257,392 | -1,477,007 | -797,173 | |||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Interest Receivable | 159 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 253,623 | 109,228 | 504,885 | 500,305 | 1,321,733 | 974,521 | 1,257,392 | -1,477,007 | -797,173 | -1,838,330 | 622,115 | 501,179 | -211,952 | 332,401 |
| Tax | -49,864 | -24,273 | -104,907 | -122,160 | -247,863 | 282,267 | -19,503 | -22,874 | -58,710 | 12,093 | -138,531 | -103,769 | -29,747 | -71,437 |
| Profit After Tax | 203,758 | 84,955 | 399,978 | 378,145 | 1,073,869 | 1,256,788 | 1,237,889 | -1,499,881 | -855,883 | -1,826,236 | 483,584 | 397,410 | -241,699 | 260,964 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 203,758 | 84,955 | 399,978 | 378,145 | 1,073,869 | 1,256,788 | 1,237,889 | -1,499,881 | -855,883 | -1,826,236 | 483,584 | 397,410 | -241,699 | 260,964 |
| Employee Costs | 391,674 | 318,456 | 214,709 | 395,016 | 588,361 | 674,464 | 570,338 | 75,826 | 174,113 | |||||
| Number Of Employees | 52 | 59 | 64 | 72 | 75 | 81 | 93 | 86 | 89 | 131 | 190 | 175 | 182 | |
| EBITDA* | 256,559 | 112,719 | 507,203 | 501,586 | 1,321,830 | 975,040 | 1,258,214 | -1,476,129 | -786,519 |
* 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 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,560 | 4,727 | 7,548 | 6,244 | 2,058 | 1,452 | 1,886 | 2,627 | 2,333 | 10,123 | 19,235 | 28,009 | 12,758 | 35,096 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21,955 | 21,975 | 22,084 | 21,903 |
| Total Fixed Assets | 4,561 | 4,727 | 7,548 | 6,244 | 2,059 | 1,452 | 1,886 | 2,628 | 2,334 | 10,123 | 41,191 | 49,985 | 34,843 | 57,000 |
| Stock & work in progress | 1,105,815 | 1,049,609 | 569,900 | 258,061 | 177,666 | 634,963 | 877,096 | 1,646,761 | 1,922,887 | 599,719 | 639,261 | 1,340,271 | 2,785,158 | 3,875,935 |
| Trade Debtors | 3,013,539 | 4,386,446 | 3,417,222 | 3,346,836 | 3,392,378 | 1,963,434 | 2,368,645 | 1,695,184 | 4,005,459 | 6,324,855 | 8,947,523 | 6,095,099 | 4,807,035 | 5,441,446 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 788,579 | 891,278 | 476,357 | 219,358 | 871,232 | 556,267 | 199,250 | 203,917 | 306,920 | 265,990 | 168,962 | 311,492 | 206,169 | 696,239 |
| Cash | 1,895,629 | 1,194,264 | 1,156,564 | 266,867 | 62,225 | 393,604 | 467,856 | 311,583 | 838,154 | 401,027 | 175,797 | 384,876 | 294,094 | 361,867 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,803,564 | 7,521,597 | 5,620,045 | 4,091,123 | 4,503,502 | 3,548,269 | 3,912,848 | 3,857,446 | 7,073,422 | 7,591,592 | 9,931,543 | 8,131,738 | 8,092,457 | 10,375,487 |
| total assets | 6,808,124 | 7,526,324 | 5,627,593 | 4,097,367 | 4,505,561 | 3,549,721 | 3,914,734 | 3,860,074 | 7,075,756 | 7,601,716 | 9,972,733 | 8,181,723 | 8,127,300 | 10,432,487 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,472,218 | 4,456,739 | 2,848,660 | 1,757,854 | 3,124,376 | 3,242,539 | 4,751,904 | 5,879,125 | 7,344,116 | 7,330,669 | 7,904,347 | 6,632,973 | 6,963,349 | 8,927,445 |
| 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 | 269,417 | 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 | 850,833 | 788,271 | 761,675 | 722,234 | 44,572 | 44,438 | 40,792 | 33,690 | 34,361 | 27,691 | 138,559 | 101,170 | 108,578 | 218,566 |
| total current liabilities | 4,323,052 | 5,245,010 | 3,610,336 | 2,480,088 | 3,168,948 | 3,286,977 | 4,792,696 | 5,912,815 | 7,647,895 | 7,358,360 | 8,042,906 | 6,734,144 | 7,071,928 | 9,146,012 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 73,402 | 71,213 | 73,696 | 63,206 | 58,938 | 535,689 | 538,343 | 533,946 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 73,403 | 71,213 | 73,696 | 63,207 | 58,938 | 535,690 | 538,344 | 533,946 |
| total liabilities | 4,323,052 | 5,245,010 | 3,610,336 | 2,480,088 | 3,168,948 | 3,286,977 | 4,866,099 | 5,984,029 | 7,721,591 | 7,421,567 | 8,101,844 | 7,269,834 | 7,610,272 | 9,679,958 |
| net assets | 2,485,072 | 2,281,314 | 2,017,257 | 1,617,279 | 1,336,613 | 262,744 | -951,365 | -2,123,955 | -645,836 | 180,149 | 1,870,889 | 911,890 | 517,028 | 752,530 |
| total shareholders funds | 2,485,072 | 2,281,314 | 2,017,257 | 1,617,279 | 1,336,613 | 262,744 | -951,365 | -2,123,955 | -645,836 | 180,149 | 1,870,889 | 911,890 | 517,028 | 752,530 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 253,463 | 109,228 | 504,885 | 500,305 | 1,321,733 | 974,521 | 1,257,392 | -1,477,007 | -797,173 | |||||
| Depreciation | 3,096 | 3,492 | 2,318 | 1,281 | 98 | 519 | 821 | 878 | 10,654 | 11,075 | 14,392 | 6,862 | 30,514 | 50,147 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -49,864 | -24,273 | -104,907 | -122,160 | -247,863 | 282,267 | -19,503 | -22,874 | -58,710 | 12,093 | -138,531 | -103,769 | -29,747 | -71,437 |
| Stock | 56,207 | 479,708 | 311,840 | 80,394 | -457,296 | -242,133 | -769,665 | -276,127 | 1,323,168 | -39,542 | -701,010 | -1,444,887 | -1,090,777 | 3,875,935 |
| Debtors | -1,475,606 | 1,384,145 | 327,385 | -697,416 | 1,743,909 | -48,194 | 668,793 | -2,413,278 | -2,278,465 | -2,547,594 | 2,709,873 | 1,393,278 | -1,124,300 | 6,159,588 |
| Creditors | -984,521 | 1,608,079 | 1,090,807 | -1,366,522 | -118,163 | -1,509,365 | -1,127,222 | -1,464,991 | 13,447 | -573,678 | 1,271,374 | -330,376 | -1,964,096 | 8,927,445 |
| Accruals and Deferred Income | 62,562 | 26,596 | 39,441 | 677,662 | 134 | 3,646 | 7,102 | -671 | 6,670 | -110,868 | 37,389 | -7,408 | -109,988 | 218,566 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 704,135 | -140,731 | 893,319 | 307,588 | -330,674 | 41,915 | 219,462 | -275,260 | 130,185 | |||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -704 | 0 | 0 | -1,248 | 8,100 | 23,523 | -5,643 | -19,219 | -6,033 | -8,723 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 1 |
| cash flow from investments | 0 | 0 | 0 | 0 | -704 | 0 | 0 | -1,248 | 8,100 | 23,523 | -5,643 | -19,219 | -6,032 | -8,724 |
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 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 | -269,417 | 269,417 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | -73,402 | 2,189 | -2,483 | 10,490 | 4,268 | -476,751 | -2,654 | 4,397 | 533,946 |
| 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 | ||||||||||||||
| interest | 159 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| cash flow from financing | 159 | 179,102 | 0 | -97,479 | 0 | -116,081 | -250,138 | 139,764 | -1,336 | -5,202 | 10,595 | 1,025,512 | ||
| cash and cash equivalents | ||||||||||||||
| cash | 701,366 | 37,699 | 889,697 | 204,642 | -331,379 | -74,252 | 156,273 | -526,571 | 437,127 | 225,231 | -209,079 | 90,781 | -67,773 | 361,867 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 701,366 | 37,699 | 889,697 | 204,642 | -331,379 | -74,252 | 156,273 | -526,571 | 437,127 | 225,231 | -209,079 | 90,781 | -67,773 | 361,867 |
P&L
December 2022turnover
7.8m
-23%
operating profit
253.5k
+132%
gross margin
55.6%
-5.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
2.5m
+0.09%
total assets
6.8m
-0.1%
cash
1.9m
+0.59%
net assets
Total assets minus all liabilities
Similar Companies
mili healthcare limited company details
company number
04303458
Type
Private limited with Share Capital
industry
47749 - Retail sale of medical and orthopaedic goods (other than hearing aids) n.e.c., in specialised stores
incorporation date
October 2001
age
23
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
second floor office suite, 4 chartfield house, taunton, somerset, TA1 4AS
last accounts submitted
December 2022
mili healthcare 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 mili healthcare limited.
mili healthcare limited Companies House Filings - See Documents
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