united open mri limited
united open mri limited Company Information
Company Number
04376558
Next Accounts
Jun 2025
Shareholders
inhealth limited
Group Structure
View All
Industry
Other human health activities
Registered Address
beechwood hall kingsmead road, high wycombe, HP11 1JL
Website
https://www.uprightmri.co.ukunited open mri limited Estimated Valuation
Pomanda estimates the enterprise value of UNITED OPEN MRI LIMITED at £2.2m based on a Turnover of £3.6m and 0.6x industry multiple (adjusted for size and gross margin).
united open mri limited Estimated Valuation
Pomanda estimates the enterprise value of UNITED OPEN MRI LIMITED at £0 based on an EBITDA of £-81k and a 4.65x industry multiple (adjusted for size and gross margin).
united open mri limited Estimated Valuation
Pomanda estimates the enterprise value of UNITED OPEN MRI LIMITED at £0 based on Net Assets of £-2.3m and 2.35x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
United Open Mri Limited Overview
United Open Mri Limited is a live company located in high wycombe, HP11 1JL with a Companies House number of 04376558. It operates in the other human health activities sector, SIC Code 86900. Founded in February 2002, it's largest shareholder is inhealth limited with a 100% stake. United Open Mri Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.6m with high growth in recent years.
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United Open Mri Limited Health Check
Pomanda's financial health check has awarded United Open Mri Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
0 Regular
6 Weak
Size
annual sales of £3.6m, make it larger than the average company (£657.7k)
£3.6m - United Open Mri Limited
£657.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (5.9%)
24% - United Open Mri Limited
5.9% - Industry AVG
Production
with a gross margin of 49.2%, this company has a lower cost of product (38.5%)
49.2% - United Open Mri Limited
38.5% - Industry AVG
Profitability
an operating margin of -4.2% make it less profitable than the average company (5.6%)
-4.2% - United Open Mri Limited
5.6% - Industry AVG
Employees
with 27 employees, this is above the industry average (17)
27 - United Open Mri Limited
17 - Industry AVG
Pay Structure
on an average salary of £35k, the company has a higher pay structure (£25.8k)
£35k - United Open Mri Limited
£25.8k - Industry AVG
Efficiency
resulting in sales per employee of £134.3k, this is more efficient (£48k)
£134.3k - United Open Mri Limited
£48k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is later than average (23 days)
41 days - United Open Mri Limited
23 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (18 days)
8 days - United Open Mri Limited
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - United Open Mri Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (111 weeks)
5 weeks - United Open Mri Limited
111 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 261.4%, this is a higher level of debt than the average (26.6%)
261.4% - United Open Mri Limited
26.6% - Industry AVG
UNITED OPEN MRI LIMITED financials
United Open Mri Limited's latest turnover from September 2023 is £3.6 million and the company has net assets of -£2.3 million. According to their latest financial statements, United Open Mri Limited has 27 employees and maintains cash reserves of £325 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jul 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,627,000 | 2,790,000 | 2,466,000 | 1,918,000 | 3,430,000 | 2,977,654 | 2,594,365 | 2,726,658 | 2,643,424 | 2,295,786 | 2,302,516 | 2,193,350 | 2,068,625 | 2,028,542 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 1,841,000 | 1,316,000 | 1,440,000 | 1,385,000 | 1,669,000 | 930,731 | 878,279 | 834,282 | 820,659 | 764,630 | 848,926 | 714,071 | 721,157 | 719,297 |
| Gross Profit | 1,786,000 | 1,474,000 | 1,026,000 | 533,000 | 1,761,000 | 2,046,923 | 1,716,086 | 1,892,376 | 1,822,765 | 1,531,156 | 1,453,590 | 1,479,279 | 1,347,468 | 1,309,245 |
| Admin Expenses | 1,939,000 | 1,873,000 | 2,451,000 | 1,522,000 | 2,936,000 | 2,099,188 | 1,806,022 | 1,709,611 | 1,875,802 | 1,948,252 | 1,687,390 | 1,270,314 | 1,095,577 | 1,050,866 |
| Operating Profit | -153,000 | -399,000 | -1,425,000 | -989,000 | -1,175,000 | -52,265 | -89,936 | 182,765 | -53,037 | -417,096 | -233,800 | 208,965 | 251,891 | 258,379 |
| Interest Payable | 8,000 | 18,000 | 23,000 | 29,000 | 25,000 | 121,121 | 36,154 | 168,711 | 16,632 | 122,505 | 121,779 | 143,913 | 81,770 | 94,054 |
| Interest Receivable | 3,000 | 1,000 | 106 | 37 | 193 | 371 | 5,233 | 3,918 | 984 | 7,000 | ||||
| Pre-Tax Profit | -161,000 | -417,000 | -1,448,000 | -1,015,000 | -1,199,000 | -173,280 | -126,053 | 14,247 | -217,298 | -534,368 | -351,661 | 66,036 | 170,121 | 171,325 |
| Tax | 177,000 | 58,000 | 268,000 | -115 | 13,237 | -14,521 | -36,811 | -42,788 | ||||||
| Profit After Tax | 16,000 | -359,000 | -1,180,000 | -1,015,000 | -1,199,000 | -173,280 | -126,053 | 14,247 | -217,298 | -534,483 | -338,424 | 51,515 | 133,310 | 128,537 |
| Dividends Paid | ||||||||||||||
| Retained Profit | 16,000 | -359,000 | -1,180,000 | -1,015,000 | -1,199,000 | -173,280 | -126,053 | 14,247 | -217,298 | -534,483 | -338,424 | 34,825 | 119,663 | 98,318 |
| Employee Costs | 946,000 | 553,000 | 702,000 | 627,000 | 1,083,000 | |||||||||
| Number Of Employees | 27 | 23 | 22 | 19 | 15 | 20 | 25 | 23 | ||||||
| EBITDA* | -81,000 | -213,000 | -194,000 | -542,000 | -666,000 | 349,425 | 341,287 | 617,794 | 397,749 | -51,804 | 121,307 | 420,088 | 455,575 | 463,923 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jul 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 165,000 | 322,000 | 299,000 | 1,489,000 | 1,168,000 | 1,945,766 | 2,311,353 | 2,650,444 | 2,814,304 | 2,076,013 | 1,984,189 | 2,068,676 | 1,110,766 | 1,278,250 |
| Intangible Assets | 3,000 | 5,000 | ||||||||||||
| Investments & Other | 1,000 | 1,000 | 1,000 | 1,000 | 1,001 | 1,001 | 1,001 | 1,001 | ||||||
| Debtors (Due After 1 year) | 192,000 | 90,000 | 90,000 | 81,117 | 8,117 | 173,133 | ||||||||
| Total Fixed Assets | 360,000 | 418,000 | 390,000 | 1,490,000 | 1,169,000 | 1,946,767 | 2,312,354 | 2,651,445 | 2,815,305 | 2,076,013 | 1,984,189 | 2,149,793 | 1,118,883 | 1,451,383 |
| Stock & work in progress | 3,275 | 15,775 | 13,387 | 5,550 | 5,550 | 4,462 | 4,462 | 500 | 500 | |||||
| Trade Debtors | 414,000 | 526,000 | 283,000 | 283,000 | 475,000 | 385,724 | 361,022 | 397,825 | 569,788 | 301,396 | 261,653 | 232,307 | 235,456 | 235,269 |
| Group Debtors | 31,000 | 13,000 | 2,000 | 35,000 | ||||||||||
| Misc Debtors | 268,000 | 168,000 | 73,000 | 193,000 | 240,000 | 206,652 | 263,613 | 207,065 | 340,112 | 264,084 | 156,364 | 312,873 | 160,324 | |
| Cash | 325,000 | 72,000 | 215,000 | 142,000 | 38,000 | 91,715 | 141,209 | 136,769 | 120,272 | 916,347 | 1,050,270 | 578,375 | 120,813 | 50,352 |
| misc current assets | ||||||||||||||
| total current assets | 1,038,000 | 779,000 | 573,000 | 653,000 | 753,000 | 687,366 | 781,619 | 755,046 | 695,610 | 1,563,405 | 1,580,469 | 971,508 | 669,642 | 446,445 |
| total assets | 1,398,000 | 1,197,000 | 963,000 | 2,143,000 | 1,922,000 | 2,634,133 | 3,093,973 | 3,406,491 | 3,510,915 | 3,639,418 | 3,564,658 | 3,121,301 | 1,788,525 | 1,897,828 |
| Bank overdraft | ||||||||||||||
| Bank loan | 5,303 | 240,719 | 276,136 | 212,500 | 148,654 | |||||||||
| Trade Creditors | 43,000 | 35,000 | 79,000 | 8,000 | 3,000 | 246,738 | 217,616 | 228,489 | 890,879 | 220,331 | 221,342 | 130,378 | 115,745 | 107,904 |
| Group/Directors Accounts | 2,825,000 | 2,175,000 | 1,756,000 | 1,834,000 | 1,239,000 | 1,233,320 | 1,083,320 | |||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | 26,000 | 67,000 | 103,000 | 277,000 | 151,310 | 151,310 | 243,000 | 243,000 | ||||||
| other current liabilities | 400,000 | 651,000 | 575,000 | 500,000 | 367,000 | 189,723 | 263,376 | 465,479 | 433,348 | 89,594 | 96,284 | 402,398 | 382,592 | |
| total current liabilities | 3,294,000 | 2,928,000 | 2,513,000 | 2,619,000 | 1,609,000 | 1,675,084 | 1,956,341 | 1,121,414 | 890,879 | 866,179 | 459,590 | 226,662 | 761,143 | 733,496 |
| loans | 5,303 | 246,022 | 602,083 | 548,853 | ||||||||||
| hp & lease commitments | 151,310 | 243,000 | ||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 14,000 | 95,000 | 226,000 | 1,024,072 | 1,770,610 | 1,132,744 | 983,320 | 983,320 | ||||||
| provisions | 360,000 | 1,049,000 | 790,000 | 553,000 | 553,000 | |||||||||
| total long term liabilities | 360,000 | 1,063,000 | 885,000 | 779,000 | 553,000 | 5,303 | 1,421,404 | 1,770,610 | 1,734,827 | 1,532,173 | 983,320 | 243,000 | ||
| total liabilities | 3,654,000 | 3,991,000 | 3,398,000 | 3,398,000 | 2,162,000 | 1,675,084 | 1,961,644 | 2,542,818 | 2,661,489 | 2,601,006 | 1,991,763 | 1,209,982 | 761,143 | 976,496 |
| net assets | -2,256,000 | -2,794,000 | -2,435,000 | -1,255,000 | -240,000 | 959,049 | 1,132,329 | 863,673 | 849,426 | 1,038,412 | 1,572,895 | 1,911,319 | 942,610 | 822,947 |
| total shareholders funds | -2,256,000 | -2,794,000 | -2,435,000 | -1,255,000 | -240,000 | 959,049 | 1,132,329 | 863,673 | 849,426 | 1,038,412 | 1,572,895 | 1,911,319 | 942,610 | 822,947 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jul 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -153,000 | -399,000 | -1,425,000 | -989,000 | -1,175,000 | -52,265 | -89,936 | 182,765 | -53,037 | -417,096 | -233,800 | 208,965 | 251,891 | 258,379 |
| Depreciation | 70,000 | 186,000 | 1,231,000 | 447,000 | 509,000 | 401,690 | 431,223 | 435,029 | 450,786 | 365,292 | 355,107 | 211,123 | 203,684 | 205,544 |
| Amortisation | 2,000 | |||||||||||||
| Tax | 177,000 | 58,000 | 268,000 | -115 | 13,237 | -14,521 | -36,811 | -42,788 | ||||||
| Stock | -3,275 | -12,500 | 2,388 | 7,837 | 1,088 | 3,962 | 500 | |||||||
| Debtors | 108,000 | 349,000 | -63,000 | -204,000 | 122,624 | -32,259 | 19,745 | 35,102 | -71,720 | 115,771 | 55,949 | -86,658 | -12,280 | 568,726 |
| Creditors | 8,000 | -44,000 | 71,000 | 5,000 | -243,738 | 29,122 | -10,873 | -662,390 | 670,548 | -1,011 | 90,964 | 14,633 | 7,841 | 107,904 |
| Accruals and Deferred Income | -251,000 | 76,000 | 75,000 | 133,000 | 177,277 | -73,653 | -202,103 | 465,479 | -433,348 | 343,754 | -6,690 | -306,114 | 19,806 | 382,592 |
| Deferred Taxes & Provisions | -689,000 | 259,000 | 237,000 | 553,000 | ||||||||||
| Cash flow from operations | -944,000 | -213,000 | 520,000 | -200,000 | -298,810 | 349,653 | 106,178 | 377,944 | 706,669 | 173,965 | 162,869 | 196,782 | 458,691 | 342,405 |
| Investing Activities | ||||||||||||||
| capital expenditure | -457,116 | -270,620 | ||||||||||||
| Change in Investments | -1,000 | -1 | 1,001 | |||||||||||
| cash flow from investments | -457,116 | -270,620 | ||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | -5,303 | -235,416 | -35,417 | 276,136 | -212,500 | 63,846 | 148,654 | |||||||
| Group/Directors Accounts | 650,000 | 419,000 | -78,000 | 595,000 | 5,680 | 150,000 | 1,083,320 | |||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | -5,303 | -240,719 | 246,022 | -602,083 | 53,230 | 548,853 | ||||||||
| Hire Purchase and Lease Commitments | -41,000 | -36,000 | -174,000 | 277,000 | -151,310 | -151,310 | 302,620 | -243,000 | -243,000 | 486,000 | ||||
| other long term liabilities | -14,000 | -81,000 | -131,000 | 226,000 | -1,024,072 | -746,538 | 637,866 | 149,424 | 983,320 | |||||
| share issue | ||||||||||||||
| interest | -8,000 | -18,000 | -23,000 | -26,000 | -24,000 | -121,015 | -36,117 | -168,518 | -16,261 | -117,272 | -117,861 | -142,929 | -81,770 | -87,054 |
| cash flow from financing | 1,109,000 | 284,000 | -406,000 | 1,072,000 | -23,672 | -363,044 | -9,606 | -90,278 | -164,666 | 149,228 | 579,646 | 1,531,275 | -324,770 | 1,123,575 |
| cash and cash equivalents | ||||||||||||||
| cash | 253,000 | -143,000 | 73,000 | 104,000 | -53,715 | -49,494 | 4,440 | 16,497 | -796,075 | -133,923 | 471,895 | 457,562 | 70,461 | 50,352 |
| overdraft | ||||||||||||||
| change in cash | 253,000 | -143,000 | 73,000 | 104,000 | -53,715 | -49,494 | 4,440 | 16,497 | -796,075 | -133,923 | 471,895 | 457,562 | 70,461 | 50,352 |
united open mri limited Credit Report and Business Information
United Open Mri Limited Competitor Analysis
Perform a competitor analysis for united open mri limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in HP11 area or any other competitors across 12 key performance metrics.
united open mri limited Ownership
UNITED OPEN MRI LIMITED group structure
United Open Mri Limited has 2 subsidiary companies.
Ultimate parent company
THE DAMASK TRUST
#0071119
2 parents
UNITED OPEN MRI LIMITED
04376558
2 subsidiaries
united open mri limited directors
United Open Mri Limited currently has 3 directors. The longest serving directors include Mr Richard Bradford (Feb 2019) and Mr Andrew Searle (Apr 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Bradford | Bucks | 62 years | Feb 2019 | - | Director |
| Mr Andrew Searle | United Kingdom | 50 years | Apr 2020 | - | Director |
| Mr Steven Scott | United Kingdom | 40 years | Feb 2022 | - | Director |
P&L
September 2023turnover
3.6m
+30%
operating profit
-153k
-62%
gross margin
49.3%
-6.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-2.3m
-0.19%
total assets
1.4m
+0.17%
cash
325k
+3.51%
net assets
Total assets minus all liabilities
united open mri limited company details
company number
04376558
Type
Private limited with Share Capital
industry
86900 - Other human health activities
incorporation date
February 2002
age
23
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
beechwood hall kingsmead road, high wycombe, HP11 1JL
Bank
BANK OF SCOTLAND
Legal Advisor
-
united open mri 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 12 charges/mortgages relating to united open mri limited. Currently there are 2 open charges and 10 have been satisfied in the past.
united open mri limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for UNITED OPEN MRI LIMITED. This can take several minutes, an email will notify you when this has completed.
united open mri limited Companies House Filings - See Documents
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