inspiration healthcare limited
inspiration healthcare limited Company Information
Company Number
04753818
Next Accounts
51 days late
Industry
Retail sale of medical and orthopaedic goods (other than hearing aids) n.e.c., in specialised stores
Shareholders
inspiration heathcare group plc
Group Structure
View All
Contact
Registered Address
unit 7/8 commerce park, commerce way, croydon, CR0 4YL
inspiration healthcare limited Estimated Valuation
Pomanda estimates the enterprise value of INSPIRATION HEALTHCARE LIMITED at £10m based on a Turnover of £17.9m and 0.56x industry multiple (adjusted for size and gross margin).
inspiration healthcare limited Estimated Valuation
Pomanda estimates the enterprise value of INSPIRATION HEALTHCARE LIMITED at £18.4m based on an EBITDA of £2.7m and a 6.91x industry multiple (adjusted for size and gross margin).
inspiration healthcare limited Estimated Valuation
Pomanda estimates the enterprise value of INSPIRATION HEALTHCARE LIMITED at £35.1m based on Net Assets of £13.6m and 2.57x industry multiple (adjusted for liquidity).
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Inspiration Healthcare Limited Overview
Inspiration Healthcare Limited is a live company located in croydon, CR0 4YL with a Companies House number of 04753818. 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 May 2003, it's largest shareholder is inspiration heathcare group plc with a 100% stake. Inspiration Healthcare Limited is a mature, mid sized company, Pomanda has estimated its turnover at £17.9m with low growth in recent years.
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Inspiration Healthcare Limited Health Check
Pomanda's financial health check has awarded Inspiration Healthcare Limited a 5 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
4 Regular
3 Weak
Size
annual sales of £17.9m, make it larger than the average company (£11.4m)
£17.9m - Inspiration Healthcare Limited
£11.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (4.2%)
1% - Inspiration Healthcare Limited
4.2% - Industry AVG
Production
with a gross margin of 43.7%, this company has a comparable cost of product (40.9%)
43.7% - Inspiration Healthcare Limited
40.9% - Industry AVG
Profitability
an operating margin of 11.6% make it more profitable than the average company (6.5%)
11.6% - Inspiration Healthcare Limited
6.5% - Industry AVG
Employees
with 70 employees, this is above the industry average (32)
70 - Inspiration Healthcare Limited
32 - Industry AVG
Pay Structure
on an average salary of £43.8k, the company has an equivalent pay structure (£49.2k)
£43.8k - Inspiration Healthcare Limited
£49.2k - Industry AVG
Efficiency
resulting in sales per employee of £255.1k, this is equally as efficient (£249.1k)
£255.1k - Inspiration Healthcare Limited
£249.1k - Industry AVG
Debtor Days
it gets paid by customers after 70 days, this is later than average (56 days)
70 days - Inspiration Healthcare Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 52 days, this is slower than average (32 days)
52 days - Inspiration Healthcare Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 55 days, this is in line with average (68 days)
55 days - Inspiration Healthcare Limited
68 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (12 weeks)
6 weeks - Inspiration Healthcare Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.4%, this is a lower level of debt than the average (48.1%)
42.4% - Inspiration Healthcare Limited
48.1% - Industry AVG
INSPIRATION HEALTHCARE LIMITED financials
Inspiration Healthcare Limited's latest turnover from January 2023 is £17.9 million and the company has net assets of £13.6 million. According to their latest financial statements, Inspiration Healthcare Limited has 70 employees and maintains cash reserves of £547 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 17,857,000 | 17,342,000 | 24,664,000 | 17,421,000 | 15,487,000 | 15,464,000 | 12,866,000 | 11,172,000 | 9,538,000 | 8,837,441 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 10,058,000 | 8,943,000 | 13,629,000 | 9,276,000 | 8,443,000 | 8,695,000 | 7,355,000 | 6,277,000 | 5,507,000 | 5,635,383 | ||||
| Gross Profit | 7,799,000 | 8,399,000 | 11,035,000 | 8,145,000 | 7,044,000 | 6,769,000 | 5,511,000 | 4,895,000 | 4,031,000 | 3,202,058 | ||||
| Admin Expenses | 5,735,000 | 5,848,000 | 7,700,000 | 6,494,000 | 5,280,000 | 5,035,000 | 4,245,000 | 3,383,000 | 3,053,000 | 2,536,895 | ||||
| Operating Profit | 2,064,000 | 2,551,000 | 3,335,000 | 1,651,000 | 1,764,000 | 1,734,000 | 1,266,000 | 1,512,000 | 978,000 | 665,163 | ||||
| Interest Payable | 253,000 | 137,000 | 15,000 | 18,000 | 0 | 2,000 | 4,000 | 1,000 | 0 | 6 | ||||
| Interest Receivable | 260,000 | 122,000 | 3,000 | 7,000 | 5,000 | 0 | 2,000 | 3,000 | 2,000 | 1,491 | ||||
| Pre-Tax Profit | 2,071,000 | 2,536,000 | 3,323,000 | 1,640,000 | 1,769,000 | 1,732,000 | 1,264,000 | 1,514,000 | 980,000 | 666,648 | ||||
| Tax | 13,000 | 241,000 | -376,000 | -259,000 | -127,000 | 21,000 | -94,000 | -203,000 | -229,000 | -104,658 | ||||
| Profit After Tax | 2,084,000 | 2,777,000 | 2,947,000 | 1,381,000 | 1,642,000 | 1,753,000 | 1,170,000 | 1,311,000 | 751,000 | 561,990 | ||||
| Dividends Paid | 0 | 500,000 | 0 | 0 | 1,300,000 | 0 | 1,000,000 | 171,000 | 408,000 | 348,746 | ||||
| Retained Profit | 2,084,000 | 2,277,000 | 2,947,000 | 1,381,000 | 342,000 | 1,753,000 | 170,000 | 1,140,000 | 343,000 | 213,244 | ||||
| Employee Costs | 3,065,000 | 3,593,000 | 5,397,000 | 4,269,000 | 3,580,000 | 3,372,000 | 2,131,000 | 1,872,000 | 1,519,000 | |||||
| Number Of Employees | 70 | 73 | 82 | 73 | 67 | 63 | 46 | 39 | 40 | |||||
| EBITDA* | 2,660,000 | 3,114,000 | 3,864,000 | 2,261,000 | 2,128,000 | 1,964,000 | 1,427,000 | 1,675,000 | 1,044,000 | 733,643 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,333,000 | 7,215,000 | 916,000 | 779,000 | 519,000 | 572,000 | 471,000 | 221,000 | 90,000 | 63,735 | 37,378 | 57,704 | 55,359 | 44,737 |
| Intangible Assets | 1,201,000 | 1,269,000 | 1,196,000 | 1,184,000 | 1,293,000 | 1,209,000 | 535,000 | 214,000 | 136,000 | 109,170 | 155,178 | 274,027 | 284,303 | 81,931 |
| Investments & Other | 5,698,000 | 5,882,000 | 0 | 0 | 111,000 | 111,000 | 106,000 | 100,000 | 0 | 1 | 1 | 1 | 1 | 1 |
| Debtors (Due After 1 year) | 111,000 | 357,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 7,534,000 | 8,484,000 | 2,112,000 | 1,963,000 | 1,812,000 | 1,781,000 | 1,006,000 | 435,000 | 226,000 | 172,906 | 192,557 | 331,732 | 339,663 | 126,669 |
| Stock & work in progress | 1,540,000 | 1,036,000 | 1,684,000 | 2,407,000 | 718,000 | 557,000 | 682,000 | 584,000 | 664,000 | 479,328 | 508,352 | 421,690 | 530,892 | 368,013 |
| Trade Debtors | 3,451,000 | 3,125,000 | 2,548,000 | 3,777,000 | 2,974,000 | 2,804,000 | 2,187,000 | 1,533,000 | 2,024,000 | 1,021,933 | 929,555 | 605,170 | 340,356 | 431,809 |
| Group Debtors | 9,725,000 | 6,180,000 | 4,520,000 | 896,000 | 23,000 | 808,000 | 0 | 501,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 756,000 | 360,000 | 186,000 | 88,000 | 96,000 | 210,000 | 143,000 | 307,000 | 119,000 | 142,119 | 0 | 0 | 0 | 756 |
| Cash | 547,000 | 1,577,000 | 2,508,000 | 2,276,000 | 1,864,000 | 1,417,000 | 1,372,000 | 1,559,000 | 342,000 | 556,185 | 574,660 | 654,390 | 486,996 | 438,509 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 16,143,000 | 12,402,000 | 11,446,000 | 9,444,000 | 5,675,000 | 5,796,000 | 4,384,000 | 4,484,000 | 3,149,000 | 2,199,565 | 2,012,567 | 1,681,250 | 1,358,244 | 1,239,087 |
| total assets | 23,677,000 | 20,886,000 | 13,558,000 | 11,407,000 | 7,487,000 | 7,577,000 | 5,390,000 | 4,919,000 | 3,375,000 | 2,372,471 | 2,205,124 | 2,012,982 | 1,697,907 | 1,365,756 |
| 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 | 1,459,000 | 1,422,000 | 1,238,000 | 2,180,000 | 1,268,000 | 1,590,000 | 1,542,000 | 1,186,000 | 922,000 | 694,205 | 1,216,020 | 1,474,249 | 1,051,192 | 860,977 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 76,000 | 565 | 0 | 0 | 0 | 0 |
| other short term finances | 620,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 405,000 | 293,000 | 101,000 | 80,000 | 0 | 0 | 16,000 | 17,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,922,000 | 1,358,000 | 2,424,000 | 1,946,000 | 1,167,000 | 1,346,000 | 944,000 | 976,000 | 812,000 | 473,536 | 0 | 0 | 0 | 0 |
| total current liabilities | 4,406,000 | 3,073,000 | 3,763,000 | 4,206,000 | 2,435,000 | 2,936,000 | 2,502,000 | 2,179,000 | 1,810,000 | 1,168,306 | 1,216,020 | 1,474,249 | 1,051,192 | 860,977 |
| loans | 11,274,000 | 12,008,000 | 692,000 | 606,000 | 0 | 0 | 0 | 32,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 5,637,000 | 6,004,000 | 346,000 | 303,000 | 0 | 0 | 0 | 16,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 7,000 | 25,000 | 5,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 468,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 518,000 | 370,000 | 288,000 | 232,000 | 68,000 | 26,000 | 78,000 | 50,000 | 7,429 | 5,612 | 11,300 | 14,440 | 10,476 |
| total long term liabilities | 5,637,000 | 6,263,000 | 531,000 | 915,000 | 116,000 | 41,000 | 38,000 | 60,000 | 25,000 | 7,429 | 5,612 | 11,300 | 14,440 | 10,476 |
| total liabilities | 10,043,000 | 9,336,000 | 4,294,000 | 5,121,000 | 2,551,000 | 2,977,000 | 2,540,000 | 2,239,000 | 1,835,000 | 1,175,735 | 1,221,632 | 1,485,549 | 1,065,632 | 871,453 |
| net assets | 13,634,000 | 11,550,000 | 9,264,000 | 6,286,000 | 4,936,000 | 4,600,000 | 2,850,000 | 2,680,000 | 1,540,000 | 1,196,736 | 983,492 | 527,433 | 632,275 | 494,303 |
| total shareholders funds | 13,634,000 | 11,550,000 | 9,264,000 | 6,286,000 | 4,936,000 | 4,600,000 | 2,850,000 | 2,680,000 | 1,540,000 | 1,196,736 | 983,492 | 527,433 | 632,275 | 494,303 |
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 2,064,000 | 2,551,000 | 3,335,000 | 1,651,000 | 1,764,000 | 1,734,000 | 1,266,000 | 1,512,000 | 978,000 | 665,163 | ||||
| Depreciation | 382,000 | 369,000 | 255,000 | 286,000 | 151,000 | 148,000 | 86,000 | 104,000 | 34,000 | 22,472 | 28,256 | 18,125 | 15,447 | 12,010 |
| Amortisation | 214,000 | 194,000 | 274,000 | 324,000 | 213,000 | 82,000 | 75,000 | 59,000 | 32,000 | 46,008 | 28,501 | 46,475 | 20,353 | 11,931 |
| Tax | 13,000 | 241,000 | -376,000 | -259,000 | -127,000 | 21,000 | -94,000 | -203,000 | -229,000 | -104,658 | ||||
| Stock | 504,000 | -648,000 | -723,000 | 1,689,000 | 161,000 | -125,000 | 98,000 | -80,000 | 184,672 | -29,024 | 508,352 | -109,202 | 162,879 | 368,013 |
| Debtors | 4,021,000 | 2,768,000 | 2,493,000 | 1,668,000 | -729,000 | 1,492,000 | -11,000 | 198,000 | 978,948 | 234,497 | 929,555 | 264,814 | -92,209 | 432,565 |
| Creditors | 37,000 | 184,000 | -942,000 | 912,000 | -322,000 | 48,000 | 356,000 | 264,000 | 227,795 | -521,815 | 1,216,020 | 423,057 | 190,215 | 860,977 |
| Accruals and Deferred Income | 564,000 | -1,066,000 | 478,000 | 779,000 | -186,000 | 384,000 | -12,000 | 169,000 | 338,464 | 473,536 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -518,000 | 148,000 | 82,000 | 56,000 | 164,000 | 42,000 | -52,000 | 28,000 | 42,571 | 1,817 | 5,612 | -3,140 | 3,964 | 10,476 |
| Cash flow from operations | -1,769,000 | 501,000 | 1,336,000 | 392,000 | 2,225,000 | 1,092,000 | 1,538,000 | 1,815,000 | 260,210 | 377,050 | ||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -184,000 | 5,882,000 | 0 | -111,000 | 0 | 5,000 | 6,000 | 100,000 | -1 | 0 | 1 | 0 | 0 | 1 |
| cash flow from investments | ||||||||||||||
| 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 | -76,000 | 75,435 | 565 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 620,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -734,000 | 11,316,000 | 86,000 | 606,000 | 0 | 0 | -32,000 | 32,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -255,000 | 5,850,000 | 64,000 | 383,000 | 0 | -16,000 | -17,000 | 33,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -468,000 | 468,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 7,000 | -15,000 | -12,000 | -11,000 | 5,000 | -2,000 | -2,000 | 2,000 | 2,000 | 1,485 | ||||
| cash flow from financing | -362,000 | 17,160,000 | -299,000 | 1,415,000 | -1,000 | -21,000 | -51,000 | -9,000 | 77,699 | 2,050 | ||||
| cash and cash equivalents | ||||||||||||||
| cash | -1,030,000 | -931,000 | 232,000 | 412,000 | 447,000 | 45,000 | -187,000 | 1,217,000 | -214,185 | -18,475 | 574,660 | 167,394 | 48,487 | 438,509 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,030,000 | -931,000 | 232,000 | 412,000 | 447,000 | 45,000 | -187,000 | 1,217,000 | -214,185 | -18,475 | 574,660 | 167,394 | 48,487 | 438,509 |
inspiration healthcare limited Credit Report and Business Information
Inspiration Healthcare Limited Competitor Analysis
Perform a competitor analysis for inspiration healthcare limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in CR0 area or any other competitors across 12 key performance metrics.
inspiration healthcare limited Ownership
INSPIRATION HEALTHCARE LIMITED group structure
Inspiration Healthcare Limited has 3 subsidiary companies.
Ultimate parent company
1 parent
INSPIRATION HEALTHCARE LIMITED
04753818
3 subsidiaries
inspiration healthcare limited directors
Inspiration Healthcare Limited currently has 2 directors. The longest serving directors include Mr Alan Olby (Jun 2023) and Mr Gordon Davis (May 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alan Olby | England | 53 years | Jun 2023 | - | Director |
| Mr Gordon Davis | England | 69 years | May 2024 | - | Director |
P&L
January 2023turnover
17.9m
+3%
operating profit
2.1m
-19%
gross margin
43.7%
-9.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
13.6m
+0.18%
total assets
23.7m
+0.13%
cash
547k
-0.65%
net assets
Total assets minus all liabilities
Similar Companies
inspiration healthcare limited company details
company number
04753818
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
May 2003
age
21
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
January 2023
previous names
N/A
accountant
-
auditor
BDO LLP
address
unit 7/8 commerce park, commerce way, croydon, CR0 4YL
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
inspiration 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 found 6 charges/mortgages relating to inspiration healthcare limited. Currently there are 4 open charges and 2 have been satisfied in the past.
inspiration healthcare 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.
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inspiration healthcare limited Companies House Filings - See Documents
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