chiro health limited

chiro health limited Company Information

Share CHIRO HEALTH LIMITED
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Company Number

04380899

Industry

Other human health activities

 

Shareholders

brenda morelli

nicola mason

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Group Structure

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Contact

Registered Address

rutland house, 90/92 baxter avenue, southend on sea, SS2 6HZ

chiro health limited Estimated Valuation

£420.6k

Pomanda estimates the enterprise value of CHIRO HEALTH LIMITED at £420.6k based on a Turnover of £925.2k and 0.45x industry multiple (adjusted for size and gross margin).

chiro health limited Estimated Valuation

£14.7k

Pomanda estimates the enterprise value of CHIRO HEALTH LIMITED at £14.7k based on an EBITDA of £4.2k and a 3.47x industry multiple (adjusted for size and gross margin).

chiro health limited Estimated Valuation

£196.1k

Pomanda estimates the enterprise value of CHIRO HEALTH LIMITED at £196.1k based on Net Assets of £79.8k and 2.46x industry multiple (adjusted for liquidity).

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Chiro Health Limited Overview

Chiro Health Limited is a live company located in southend on sea, SS2 6HZ with a Companies House number of 04380899. It operates in the other human health activities sector, SIC Code 86900. Founded in February 2002, it's largest shareholder is brenda morelli with a 20% stake. Chiro Health Limited is a mature, small sized company, Pomanda has estimated its turnover at £925.2k with high growth in recent years.

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Chiro Health Limited Health Check

Pomanda's financial health check has awarded Chiro Health Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £925.2k, make it larger than the average company (£638.8k)

£925.2k - Chiro Health Limited

£638.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (7.1%)

18% - Chiro Health Limited

7.1% - Industry AVG

production

Production

with a gross margin of 21.4%, this company has a higher cost of product (36.3%)

21.4% - Chiro Health Limited

36.3% - Industry AVG

profitability

Profitability

an operating margin of -0.9% make it less profitable than the average company (5.3%)

-0.9% - Chiro Health Limited

5.3% - Industry AVG

employees

Employees

with 24 employees, this is above the industry average (17)

24 - Chiro Health Limited

17 - Industry AVG

paystructure

Pay Structure

on an average salary of £25.5k, the company has an equivalent pay structure (£25.5k)

£25.5k - Chiro Health Limited

£25.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £38.5k, this is less efficient (£46.6k)

£38.5k - Chiro Health Limited

£46.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 62 days, this is later than average (21 days)

62 days - Chiro Health Limited

21 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 80 days, this is slower than average (17 days)

80 days - Chiro Health Limited

17 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Chiro Health Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 33 weeks, this is less cash available to meet short term requirements (115 weeks)

33 weeks - Chiro Health Limited

115 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 73.7%, this is a higher level of debt than the average (24.7%)

73.7% - Chiro Health Limited

24.7% - Industry AVG

CHIRO HEALTH LIMITED financials

EXPORTms excel logo

Chiro Health Limited's latest turnover from February 2024 is estimated at £925.2 thousand and the company has net assets of £79.8 thousand. According to their latest financial statements, Chiro Health Limited has 24 employees and maintains cash reserves of £103.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover925,171806,044835,414567,828497,637439,220429,996358,860386,638316,120404,922319,601242,291283,075211,729
Other Income Or Grants000000000000000
Cost Of Sales727,531633,687664,970454,304391,396348,116334,604272,551299,907244,711314,320240,811174,778202,741162,641
Gross Profit197,640172,357170,444113,524106,24191,10495,39286,30986,73171,40990,60278,79067,51380,33549,088
Admin Expenses206,010131,295103,693115,808138,373121,92488,26984,20888,20183,25566,89384,596-24,73954,03374,415
Operating Profit-8,37041,06266,751-2,284-32,132-30,8207,1232,101-1,470-11,84623,709-5,80692,25226,302-25,327
Interest Payable06,78010,0305,27700000000000
Interest Receivable6,3405,329810131557645443237455528635691584390189
Pre-Tax Profit-2,03039,61157,531-7,430-31,575-30,1757,5672,338-1,015-11,31824,344-5,11592,83626,692-25,138
Tax0-7,526-10,931000-1,438-46700-5,5990-24,137-7,4740
Profit After Tax-2,03032,08546,600-7,430-31,575-30,1756,1291,870-1,015-11,31818,745-5,11568,69919,218-25,138
Dividends Paid000000000000000
Retained Profit-2,03032,08546,600-7,430-31,575-30,1756,1291,870-1,015-11,31818,745-5,11568,69919,218-25,138
Employee Costs612,549535,061511,779522,675468,726412,779402,455334,278338,155108,922149,218107,01685,154102,68157,934
Number Of Employees242222232119191616575453
EBITDA*4,24445,94373,3816,220-24,990-23,19520,78717,1608,50210,87446,86211,292108,26955,47727,011

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets40,74312,36915,61622,91718,73320,75724,70922,54827,05935,77748,02853,92458,51659,16174,567
Intangible Assets1111111111111112,575
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets40,74412,37015,61722,91818,73420,75824,71022,54927,06035,77848,02953,92558,51759,16287,142
Stock & work in progress000000000000000
Trade Debtors159,550160,576172,64060,10635,54937,07240,55535,88736,89032,56831,06823,97518,05332,67518,991
Group Debtors000000000000000
Misc Debtors000000000000000
Cash103,356138,182128,253195,70266,69281,92090,03587,332101,93780,117131,227122,881153,46780,27175,579
misc current assets000000000000000
total current assets262,906298,758300,893255,808102,241118,992130,590123,219138,827112,685162,295146,856171,520112,94694,570
total assets303,650311,128316,510278,726120,975139,750155,300145,768165,887148,463210,324200,781230,037172,108181,712
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 160,450132,040128,45399,071107,90994,95979,87077,58399,59980,234118,059103,431102,74495,694100,302
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities160,450132,040128,45399,071107,90994,95979,87077,58399,59980,234118,059103,431102,74495,694100,302
loans00135,592173,03200000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities53,70294,438000000021011,62535,56960,54179,551106,238
provisions9,6982,8202,7203,4782,4912,6413,1051,9891,9622,6783,9813,8673,7232,53360
total long term liabilities63,40097,258138,312176,5102,4912,6413,1051,9891,9622,88815,60639,43664,26482,084106,298
total liabilities223,850229,298266,765275,581110,40097,60082,97579,572101,56183,122133,665142,867167,008177,778206,600
net assets79,80081,83049,7453,14510,57542,15072,32566,19664,32665,34176,65957,91463,029-5,670-24,888
total shareholders funds79,80081,83049,7453,14510,57542,15072,32566,19664,32665,34176,65957,91463,029-5,670-24,888
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit-8,37041,06266,751-2,284-32,132-30,8207,1232,101-1,470-11,84623,709-5,80692,25226,302-25,327
Depreciation12,6144,8816,6308,5047,1427,62513,66415,0599,97222,72023,15317,09816,01716,60122,159
Amortisation000000000000012,57430,179
Tax0-7,526-10,931000-1,438-46700-5,5990-24,137-7,4740
Stock000000000000000
Debtors-1,026-12,064112,53424,557-1,523-3,4834,668-1,0034,3221,5007,0935,922-14,62213,68418,991
Creditors28,4103,58729,382-8,83812,95015,0892,287-22,01619,365-37,82514,6286877,050-4,608100,302
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions6,878100-758987-150-4641,11627-716-1,3031141441,1902,47360
Cash flow from operations40,55854,168-21,460-26,188-10,667-5,08718,084-4,29322,829-29,75448,9126,201106,99432,184108,382
Investing Activities
capital expenditure-40,988-1,634671-12,688-5,118-3,673-15,825-10,548-1,254-10,469-17,257-12,506-15,372-1,195-139,480
Change in Investments000000000000000
cash flow from investments-40,988-1,634671-12,688-5,118-3,673-15,825-10,548-1,254-10,469-17,257-12,506-15,372-1,195-139,480
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans0-135,592-37,440173,03200000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities-40,73694,438000000-210-11,415-23,944-24,972-19,010-26,687106,238
share issue00000000000000250
interest6,340-1,451-9,220-5,146557645443237455528635691584390189
cash flow from financing-34,396-42,605-46,660167,886557645443237245-10,887-23,309-24,281-18,426-26,297106,677
cash and cash equivalents
cash-34,8269,929-67,449129,010-15,228-8,1152,703-14,60521,820-51,1108,346-30,58673,1964,69275,579
overdraft000000000000000
change in cash-34,8269,929-67,449129,010-15,228-8,1152,703-14,60521,820-51,1108,346-30,58673,1964,69275,579

chiro health limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Chiro Health Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for chiro health limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in SS2 area or any other competitors across 12 key performance metrics.

chiro health limited Ownership

CHIRO HEALTH LIMITED group structure

Chiro Health Limited has no subsidiary companies.

Ultimate parent company

CHIRO HEALTH LIMITED

04380899

CHIRO HEALTH LIMITED Shareholders

brenda morelli 20%
nicola mason 20%
jane gurden 20%
mark francis gurden 20%
marcel louis morelli 20%

chiro health limited directors

Chiro Health Limited currently has 2 directors. The longest serving directors include Dr Mark Gurden (Feb 2002) and Dr Marcel Morelli (Feb 2002).

officercountryagestartendrole
Dr Mark GurdenEngland65 years Feb 2002- Director
Dr Marcel MorelliUnited Kingdom55 years Feb 2002- Director

P&L

February 2024

turnover

925.2k

+15%

operating profit

-8.4k

0%

gross margin

21.4%

-0.1%

turnover

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

Balance Sheet

February 2024

net assets

79.8k

-0.02%

total assets

303.7k

-0.02%

cash

103.4k

-0.25%

net assets

Total assets minus all liabilities

chiro health limited company details

company number

04380899

Type

Private limited with Share Capital

industry

86900 - Other human health activities

incorporation date

February 2002

age

22

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

February 2024

previous names

N/A

accountant

GOLDWYNS LIMITED

auditor

-

address

rutland house, 90/92 baxter avenue, southend on sea, SS2 6HZ

Bank

-

Legal Advisor

-

chiro 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 2 charges/mortgages relating to chiro health limited. Currently there are 2 open charges and 0 have been satisfied in the past.

chiro health 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 CHIRO HEALTH LIMITED. This can take several minutes, an email will notify you when this has completed.

chiro health limited Companies House Filings - See Documents

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