healthaid limited
healthaid limited Company Information
Company Number
04718338
Next Accounts
Sep 2025
Shareholders
healthaid holdings ltd
Group Structure
View All
Industry
Wholesale of pharmaceutical goods
Registered Address
galla house, 695 high road, north finchley, london, N12 0BT
Website
www.healthaid.co.ukhealthaid limited Estimated Valuation
Pomanda estimates the enterprise value of HEALTHAID LIMITED at £24m based on a Turnover of £21.5m and 1.12x industry multiple (adjusted for size and gross margin).
healthaid limited Estimated Valuation
Pomanda estimates the enterprise value of HEALTHAID LIMITED at £116.5m based on an EBITDA of £10.3m and a 11.31x industry multiple (adjusted for size and gross margin).
healthaid limited Estimated Valuation
Pomanda estimates the enterprise value of HEALTHAID LIMITED at £26.2m based on Net Assets of £13.7m and 1.92x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Healthaid Limited Overview
Healthaid Limited is a live company located in north finchley, N12 0BT with a Companies House number of 04718338. It operates in the wholesale of pharmaceutical goods sector, SIC Code 46460. Founded in April 2003, it's largest shareholder is healthaid holdings ltd with a 100% stake. Healthaid Limited is a mature, large sized company, Pomanda has estimated its turnover at £21.5m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Healthaid Limited Health Check
Pomanda's financial health check has awarded Healthaid Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £21.5m, make it in line with the average company (£24.4m)
£21.5m - Healthaid Limited
£24.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (5.3%)
-4% - Healthaid Limited
5.3% - Industry AVG
Production
with a gross margin of 59.6%, this company has a lower cost of product (29.5%)
59.6% - Healthaid Limited
29.5% - Industry AVG
Profitability
an operating margin of 47.6% make it more profitable than the average company (4.1%)
47.6% - Healthaid Limited
4.1% - Industry AVG
Employees
with 990 employees, this is above the industry average (36)
990 - Healthaid Limited
36 - Industry AVG
Pay Structure
on an average salary of £2.5k, the company has a lower pay structure (£81.2k)
£2.5k - Healthaid Limited
£81.2k - Industry AVG
Efficiency
resulting in sales per employee of £21.7k, this is less efficient (£656k)
£21.7k - Healthaid Limited
£656k - Industry AVG
Debtor Days
it gets paid by customers after 111 days, this is later than average (57 days)
111 days - Healthaid Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (29 days)
21 days - Healthaid Limited
29 days - Industry AVG
Stock Days
it holds stock equivalent to 165 days, this is more than average (64 days)
165 days - Healthaid Limited
64 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 151 weeks, this is more cash available to meet short term requirements (11 weeks)
151 weeks - Healthaid Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.1%, this is a lower level of debt than the average (54.4%)
9.1% - Healthaid Limited
54.4% - Industry AVG
HEALTHAID LIMITED financials
Healthaid Limited's latest turnover from December 2023 is £21.5 million and the company has net assets of £13.7 million. According to their latest financial statements, Healthaid Limited has 990 employees and maintains cash reserves of £4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | 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 | 21,457,560 | 21,109,294 | 21,467,583 | 24,540,914 | 18,419,148 | 18,742,832 | 17,679,393 | 16,757,536 | 16,379,637 | 15,540,518 | 12,045,522 | 10,405,651 | 9,186,698 | 8,528,308 | 8,482,123 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 8,679,514 | 8,873,902 | 8,810,452 | 9,648,521 | 8,128,687 | 8,406,161 | 8,486,108 | 8,045,832 | 7,862,224 | ||||||
| Gross Profit | 12,778,046 | 12,235,392 | 12,657,131 | 14,892,393 | 10,290,461 | 10,336,671 | 9,193,285 | 8,711,704 | 8,517,413 | ||||||
| Admin Expenses | 2,566,534 | 2,176,874 | 2,102,376 | 2,171,508 | 2,264,651 | 2,846,169 | 2,936,692 | 2,699,585 | 2,834,526 | ||||||
| Operating Profit | 10,211,512 | 10,058,518 | 10,554,755 | 12,720,885 | 8,025,810 | 7,490,502 | 6,256,593 | 6,012,119 | 5,682,887 | 5,284,337 | 3,271,965 | 3,082,514 | 2,222,029 | 1,584,280 | 1,204,345 |
| Interest Payable | 179 | 914 | |||||||||||||
| Interest Receivable | 200,687 | 11,957 | 237 | 57,282 | 58,663 | 20,042 | 27,601 | 32,964 | 57,130 | 55,542 | 29,679 | 22,223 | 16,906 | 1,177 | 3,161 |
| Pre-Tax Profit | 10,412,199 | 10,070,475 | 10,554,992 | 12,778,167 | 8,084,473 | 7,510,544 | 6,554,194 | 6,045,083 | 5,739,838 | 5,339,879 | 3,301,644 | 3,103,823 | 2,238,935 | 1,585,457 | 1,207,506 |
| Tax | -2,436,371 | -1,902,937 | -2,001,541 | -2,426,740 | -1,545,557 | -1,436,508 | -1,269,254 | -1,225,842 | -1,161,752 | -1,145,484 | -772,538 | -762,354 | -601,911 | -447,172 | -323,931 |
| Profit After Tax | 7,975,828 | 8,167,538 | 8,553,451 | 10,351,427 | 6,538,916 | 6,074,036 | 5,284,940 | 4,819,241 | 4,578,086 | 4,194,395 | 2,529,106 | 2,341,469 | 1,637,024 | 1,138,285 | 883,575 |
| Dividends Paid | 9,600,000 | 7,000,000 | 7,720,000 | 8,350,000 | 8,334,000 | 4,460,000 | 3,620,000 | 4,020,000 | 6,902,000 | 1,530,000 | 1,530,000 | 1,000,000 | 500,000 | 500,000 | 196,000 |
| Retained Profit | -1,624,172 | 1,167,538 | 833,451 | 2,001,427 | -1,795,084 | 1,614,036 | 1,664,940 | 799,241 | -2,323,914 | 2,664,395 | 999,106 | 1,341,469 | 1,137,024 | 638,285 | 687,575 |
| Employee Costs | 2,479,970 | 2,252,254 | 2,189,055 | 2,213,829 | 1,933,727 | 1,832,070 | 1,827,907 | 1,745,781 | 1,986,166 | 1,462,433 | 1,758,487 | 1,270,186 | 1,386,388 | 1,726,687 | 1,815,124 |
| Number Of Employees | 990 | 85 | 88 | 92 | 90 | 88 | 87 | 85 | 85 | 82 | 71 | 70 | 70 | 69 | 69 |
| EBITDA* | 10,298,563 | 10,125,770 | 10,620,019 | 12,781,272 | 8,113,248 | 7,600,916 | 6,386,339 | 6,157,502 | 5,763,772 | 5,376,748 | 3,372,524 | 3,186,164 | 2,313,857 | 1,680,037 | 1,295,392 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | 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 | 315,343 | 192,065 | 170,729 | 153,754 | 215,756 | 264,304 | 303,395 | 350,614 | 323,688 | 323,094 | 344,505 | 352,998 | 408,148 | 338,913 | 396,531 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 315,343 | 192,065 | 170,729 | 153,754 | 215,756 | 264,304 | 303,395 | 350,614 | 323,688 | 323,094 | 344,505 | 352,998 | 408,148 | 338,913 | 396,531 |
| Stock & work in progress | 3,943,858 | 3,853,663 | 3,937,611 | 3,575,742 | 2,993,768 | 2,639,748 | 2,618,136 | 3,035,843 | 2,372,021 | 2,801,054 | 1,968,803 | 2,287,374 | 1,707,429 | 1,328,288 | 1,532,217 |
| Trade Debtors | 6,566,698 | 7,127,903 | 6,806,298 | 7,308,678 | 4,438,007 | 6,515,584 | 6,254,176 | 4,905,427 | 4,961,449 | 4,172,129 | 3,234,658 | 3,120,741 | 2,816,192 | 3,095,458 | 3,384,628 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 210,316 | 319,480 | 319,535 | 431,332 | 206,401 | 238,704 | 239,985 | 287,387 | 224,913 | 273,403 | 90,427 | 83,474 | 115,772 | 69,277 | 124,911 |
| Cash | 3,981,501 | 5,982,548 | 4,576,046 | 3,821,339 | 4,461,854 | 4,455,223 | 3,424,518 | 6,019,094 | 3,148,444 | 6,048,980 | 4,684,884 | 3,407,277 | 2,864,839 | 1,701,813 | 204,695 |
| misc current assets | |||||||||||||||
| total current assets | 14,702,373 | 17,283,594 | 15,639,490 | 15,137,091 | 12,100,030 | 13,849,259 | 12,536,815 | 14,247,751 | 10,706,827 | 13,295,566 | 9,978,772 | 8,898,866 | 7,504,232 | 6,194,836 | 5,246,451 |
| total assets | 15,017,716 | 17,475,659 | 15,810,219 | 15,290,845 | 12,315,786 | 14,113,563 | 12,840,210 | 14,598,365 | 11,030,515 | 13,618,660 | 10,323,277 | 9,251,864 | 7,912,380 | 6,533,749 | 5,642,982 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 512,720 | 990,891 | 588,917 | 737,411 | 123,486 | 543,152 | 707,178 | 1,088,663 | 436,404 | 1,252,663 | 945,640 | 912,534 | 1,012,593 | 345,031 | 572,249 |
| Group/Directors Accounts | 10,339 | 193,014 | 20,914 | 3,389 | 34,077 | 389,552 | 74,351 | ||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 841,531 | 1,014,456 | 1,111,542 | 1,277,125 | 917,418 | 500,445 | 677,102 | 3,718,712 | 1,602,362 | 1,050,334 | 705,455 | 683,779 | 555,017 | 625,497 | 460,998 |
| total current liabilities | 1,364,590 | 2,198,361 | 1,700,459 | 2,014,536 | 1,040,904 | 1,043,597 | 1,384,280 | 4,807,375 | 2,038,766 | 2,302,997 | 1,672,009 | 1,599,702 | 1,601,687 | 1,360,080 | 1,107,598 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 1,364,590 | 2,198,361 | 1,700,459 | 2,014,536 | 1,040,904 | 1,043,597 | 1,384,280 | 4,807,375 | 2,038,766 | 2,302,997 | 1,672,009 | 1,599,702 | 1,601,687 | 1,360,080 | 1,107,598 |
| net assets | 13,653,126 | 15,277,298 | 14,109,760 | 13,276,309 | 11,274,882 | 13,069,966 | 11,455,930 | 9,790,990 | 8,991,749 | 11,315,663 | 8,651,268 | 7,652,162 | 6,310,693 | 5,173,669 | 4,535,384 |
| total shareholders funds | 13,653,126 | 15,277,298 | 14,109,760 | 13,276,309 | 11,274,882 | 13,069,966 | 11,455,930 | 9,790,990 | 8,991,749 | 11,315,663 | 8,651,268 | 7,652,162 | 6,310,693 | 5,173,669 | 4,535,384 |
| Dec 2023 | 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 | 10,211,512 | 10,058,518 | 10,554,755 | 12,720,885 | 8,025,810 | 7,490,502 | 6,256,593 | 6,012,119 | 5,682,887 | 5,284,337 | 3,271,965 | 3,082,514 | 2,222,029 | 1,584,280 | 1,204,345 |
| Depreciation | 87,051 | 67,252 | 65,264 | 60,387 | 87,438 | 110,414 | 129,746 | 145,383 | 80,885 | 92,411 | 100,559 | 103,650 | 91,828 | 95,757 | 91,047 |
| Amortisation | |||||||||||||||
| Tax | -2,436,371 | -1,902,937 | -2,001,541 | -2,426,740 | -1,545,557 | -1,436,508 | -1,269,254 | -1,225,842 | -1,161,752 | -1,145,484 | -772,538 | -762,354 | -601,911 | -447,172 | -323,931 |
| Stock | 90,195 | -83,948 | 361,869 | 581,974 | 354,020 | 21,612 | -417,707 | 663,822 | -429,033 | 832,251 | -318,571 | 579,945 | 379,141 | -203,929 | 1,532,217 |
| Debtors | -670,369 | 321,550 | -614,177 | 3,095,602 | -2,109,880 | 260,127 | 1,301,347 | 6,452 | 740,830 | 1,120,447 | 120,870 | 272,251 | -232,771 | -344,804 | 3,509,539 |
| Creditors | -478,171 | 401,974 | -148,494 | 613,925 | -419,666 | -164,026 | -381,485 | 652,259 | -816,259 | 307,023 | 33,106 | -100,059 | 667,562 | -227,218 | 572,249 |
| Accruals and Deferred Income | -172,925 | -97,086 | -165,583 | 359,707 | 416,973 | -176,657 | -3,041,610 | 2,116,350 | 552,028 | 344,879 | 21,676 | 128,762 | -70,480 | 164,499 | 460,998 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 7,791,270 | 8,290,119 | 8,556,709 | 7,650,588 | 8,320,858 | 5,541,986 | 810,350 | 7,029,995 | 4,025,992 | 2,930,468 | 2,852,469 | 1,600,317 | 2,162,658 | 1,718,879 | -3,037,048 |
| Investing Activities | |||||||||||||||
| capital expenditure | -172,978 | -83,184 | -67,982 | -92,265 | -52,044 | -171,659 | -44,497 | -131,027 | |||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | -172,978 | -83,184 | -67,982 | -92,265 | -52,044 | -171,659 | -44,497 | -131,027 | |||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -182,675 | 193,014 | -20,914 | 17,525 | -30,688 | -355,475 | 315,201 | 74,351 | |||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 200,687 | 11,957 | 237 | 57,282 | 58,663 | 20,042 | 27,601 | 32,964 | 56,951 | 55,542 | 29,679 | 21,309 | 16,906 | 1,177 | 3,161 |
| cash flow from financing | 18,012 | 204,971 | 237 | 57,282 | 58,663 | 20,042 | 27,601 | 32,964 | 56,951 | 34,628 | 47,204 | -9,379 | -338,569 | 316,378 | 3,925,321 |
| cash and cash equivalents | |||||||||||||||
| cash | -2,001,047 | 1,406,502 | 754,707 | -640,515 | 6,631 | 1,030,705 | -2,594,576 | 2,870,650 | -2,900,536 | 1,364,096 | 1,277,607 | 542,438 | 1,163,026 | 1,497,118 | 204,695 |
| overdraft | |||||||||||||||
| change in cash | -2,001,047 | 1,406,502 | 754,707 | -640,515 | 6,631 | 1,030,705 | -2,594,576 | 2,870,650 | -2,900,536 | 1,364,096 | 1,277,607 | 542,438 | 1,163,026 | 1,497,118 | 204,695 |
healthaid limited Credit Report and Business Information
Healthaid Limited Competitor Analysis
Perform a competitor analysis for healthaid limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in N12 area or any other competitors across 12 key performance metrics.
healthaid limited Ownership
HEALTHAID LIMITED group structure
Healthaid Limited has no subsidiary companies.
healthaid limited directors
Healthaid Limited currently has 2 directors. The longest serving directors include Mr Dilip Patel (Apr 2003) and Mr Rajendra Patel (Apr 2003).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dilip Patel | 68 years | Apr 2003 | - | Director | |
| Mr Rajendra Patel | 65 years | Apr 2003 | - | Director |
P&L
December 2023turnover
21.5m
+2%
operating profit
10.2m
+2%
gross margin
59.6%
+2.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
13.7m
-0.11%
total assets
15m
-0.14%
cash
4m
-0.33%
net assets
Total assets minus all liabilities
healthaid limited company details
company number
04718338
Type
Private limited with Share Capital
industry
46460 - Wholesale of pharmaceutical goods
incorporation date
April 2003
age
22
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
LYONS LEONIDOU
address
galla house, 695 high road, north finchley, london, N12 0BT
Bank
-
Legal Advisor
-
healthaid 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 healthaid limited.
healthaid 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 HEALTHAID LIMITED. This can take several minutes, an email will notify you when this has completed.
healthaid limited Companies House Filings - See Documents
| date | description | view/download |
|---|
