Pomanda estimates the enterprise value of SPECTRUM MEDICAL LIMITED at £167.4m based on a Turnover of £68.7m and 2.44x industry multiple (adjusted for size and gross margin).
spectrum medical limitedEstimated Valuation
£79.5m
Pomanda estimates the enterprise value of SPECTRUM MEDICAL LIMITED at £79.5m based on an EBITDA of £5.7m and a 13.94x industry multiple (adjusted for size and gross margin).
spectrum medical limitedEstimated Valuation
£163.9m
Pomanda estimates the enterprise value of SPECTRUM MEDICAL LIMITED at £163.9m based on Net Assets of £73.4m and 2.23x industry multiple (adjusted for liquidity).
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Spectrum Medical LimitedOverview
Spectrum Medical Limited is a live company located in gloucester, GL2 9SL with a Companies House number of 05956962. It operates in the manufacture of medical and dental instruments and supplies sector, SIC Code 32500. Founded in October 2006, it's largest shareholder is
stephen brian turner
with a 57.3% stake. Spectrum Medical Limited is a established,
large sized company, Pomanda has estimated its turnover at
£68.7m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Spectrum Medical Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
7 Strong
2 Regular
3 Weak
Size
annual sales of £68.7m, make it larger than the average company (£17.8m)
£68.7m - Spectrum Medical Limited
£17.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (6.2%)
34% - Spectrum Medical Limited
6.2% - Industry AVG
Production
with a gross margin of 52.3%, this company has a lower cost of product (37.4%)
52.3% - Spectrum Medical Limited
37.4% - Industry AVG
Profitability
an operating margin of 6.2% make it as profitable than the average company (6%)
6.2% - Spectrum Medical Limited
6% - Industry AVG
Employees
with 107 employees, this is similar to the industry average (90)
107 - Spectrum Medical Limited
90 - Industry AVG
Pay Structure
on an average salary of £77.3k, the company has a higher pay structure (£49.5k)
£77.3k - Spectrum Medical Limited
£49.5k - Industry AVG
Efficiency
resulting in sales per employee of £642.2k, this is more efficient (£179.4k)
£642.2k - Spectrum Medical Limited
£179.4k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (50 days)
5 days - Spectrum Medical Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 53 days, this is slower than average (35 days)
53 days - Spectrum Medical Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 195 days, this is more than average (95 days)
195 days - Spectrum Medical Limited
95 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4 weeks, this is less cash available to meet short term requirements (11 weeks)
4 weeks - Spectrum Medical Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.7%, this is a lower level of debt than the average (41.9%)
9.7% - Spectrum Medical Limited
41.9% - Industry AVG
SPECTRUM MEDICAL LIMITED financials
EXPORT
Spectrum Medical Limited's latest turnover from December 2023 is £68.7 million and the company has net assets of £73.4 million. According to their latest financial statements, Spectrum Medical Limited has 107 employees and maintains cash reserves of £647.6 thousand 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
68,715,760
74,862,282
62,245,442
28,636,701
26,712,428
27,556,892
6,885,570
4,193,219
5,065,240
8,138,571
7,018,837
4,983,589
3,348,102
2,158,790
1,684,907
Other Income Or Grants
Cost Of Sales
32,784,240
24,341,025
20,957,083
10,123,368
7,690,997
7,592,277
1,829,031
1,079,783
1,100,463
1,783,319
1,802,907
1,211,829
875,859
722,948
173,827
Gross Profit
35,931,520
50,521,257
41,288,359
18,513,333
19,021,431
19,964,615
5,056,539
3,113,436
3,964,777
6,355,252
5,215,930
3,771,760
2,472,243
1,435,842
1,511,080
Admin Expenses
31,705,987
18,929,613
15,896,364
16,598,606
12,274,589
10,972,916
8,864,216
4,967,715
3,380,089
4,841,481
4,787,147
4,682,812
2,113,015
1,998,369
1,718,326
Operating Profit
4,225,533
31,591,644
25,391,995
1,914,727
6,746,842
8,991,699
-3,807,677
-1,854,279
584,688
1,513,771
428,783
-911,052
359,228
-562,527
-207,246
Interest Payable
135,790
961,656
1,275,860
1,123,333
796,701
350,713
480,675
298,046
110,262
168,452
159,167
140,448
87,059
30,259
14,715
Interest Receivable
66,444
24,838
1,354
3,695
18,233
4,208
9
10
5
Pre-Tax Profit
4,156,187
30,654,826
24,117,489
795,089
5,950,141
8,640,986
-4,284,144
-2,152,316
474,436
1,345,319
269,621
-1,051,500
272,169
-592,786
-221,961
Tax
-2,107,596
-1,559,106
-210,984
851,977
1,178,070
-936,759
1,146,347
513,425
103,921
-54,414
107,021
113,572
65,802
176,983
66,204
Profit After Tax
2,048,591
29,095,720
23,906,505
1,647,066
7,128,211
7,704,227
-3,137,797
-1,638,891
578,357
1,290,905
376,642
-937,928
337,971
-415,803
-155,757
Dividends Paid
1,500,000
Retained Profit
2,048,591
29,095,720
23,906,505
1,647,066
7,128,211
7,704,227
-4,637,797
-1,638,891
578,357
1,290,905
376,642
-937,928
337,971
-415,803
-155,757
Employee Costs
8,274,538
6,775,409
6,222,553
5,566,799
5,252,721
4,496,763
3,108,409
2,176,263
1,864,634
3,129,406
2,968,088
1,364,103
926,169
635,377
Number Of Employees
107
100
97
78
82
72
55
35
31
44
43
38
26
18
EBITDA*
5,700,328
32,785,103
25,765,049
2,371,965
7,208,129
9,361,510
-3,480,131
-1,444,962
971,189
1,993,856
936,024
-453,530
614,240
-277,592
85,036
* 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
14,029,805
8,644,879
3,590,075
3,680,985
3,919,266
5,581,512
1,005,027
515,739
459,884
833,658
917,631
889,113
141,563
155,565
211,116
Intangible Assets
825,214
1,103,604
1,116,671
1,155,780
1,155,780
961,270
161,457
322,911
484,365
645,819
807,273
968,727
1,130,181
Investments & Other
1,618,173
1,618,173
1,618,173
1,618,173
1,618,173
1,618,173
1,618,173
1,618,173
1,618,173
1,618,173
1,226,040
Debtors (Due After 1 year)
Total Fixed Assets
16,473,192
11,366,656
6,324,919
6,454,938
6,693,219
6,542,782
2,623,200
2,133,912
2,239,514
1,156,569
1,401,996
1,534,932
2,567,009
2,742,465
2,567,337
Stock & work in progress
17,547,444
18,284,229
14,561,713
8,793,201
6,284,069
7,243,142
4,176,518
1,736,075
1,427,694
861,822
1,085,539
899,453
976,869
822,845
791,276
Trade Debtors
1,094,043
491,678
92,730
79,016
6,124
155,071
271,530
159,070
844,193
1,869,933
768,226
325,952
80,336
192,352
74,239
Group Debtors
43,093,385
53,241,599
56,337,201
28,642,385
22,111,589
6,849,441
5,406,481
5,056,564
2,657,041
1,038,126
507,877
Misc Debtors
2,458,389
2,109,144
3,510,218
3,645,032
2,484,175
2,301,989
755,609
210,601
274,873
394,425
354,401
143,844
261,381
175,358
Cash
647,610
1,222,842
37,841
1,572,726
14,734
654,135
4,207,865
6,205,580
334,446
533,772
257,732
122,927
23,115
24,014
57,479
misc current assets
total current assets
64,840,871
75,349,492
74,539,703
42,732,360
30,900,691
43,557,304
17,807,343
14,262,815
7,873,498
3,540,400
2,505,922
1,702,733
3,881,205
2,338,718
1,606,229
total assets
81,314,063
86,716,148
80,864,622
49,187,298
37,593,910
50,100,086
20,430,543
16,396,727
10,113,012
4,696,969
3,907,918
3,237,665
6,448,214
5,081,183
4,173,566
Bank overdraft
1,672,779
2,634,142
726,729
Bank loan
Trade Creditors
4,836,718
2,737,759
3,376,165
3,843,819
1,993,705
2,874,327
1,097,968
273,378
351,893
333,423
479,289
436,654
464,941
371,289
132,257
Group/Directors Accounts
1,120,184
11,325,658
11,971,648
1,718,474
1,560,159
89,763
other short term finances
21,126,068
9,970,181
22,020,139
9,133,973
1,150,582
1,440,757
1,682,941
1,112,927
430,049
hp & lease commitments
3,101
7,442
17,567
other current liabilities
1,681,082
1,269,925
430,876
667,816
533,912
17,431,498
450,502
432,772
1,246,704
1,237,212
2,751,757
460,611
279,860
125,781
total current liabilities
7,637,984
15,333,342
38,577,536
18,834,432
4,814,505
25,198,892
18,529,466
9,857,853
1,935,247
3,020,884
3,399,442
3,191,512
2,128,242
1,088,640
275,605
loans
11,972,285
16,045,890
hp & lease commitments
10,542
Accruals and Deferred Income
other liabilities
provisions
244,682
55,835
17,629
total long term liabilities
244,682
11,972,285
16,045,890
15,295,890
55,835
17,629
10,542
total liabilities
7,882,666
15,333,342
38,577,536
30,806,717
20,860,395
40,494,782
18,529,466
9,857,853
1,935,247
3,076,719
3,417,071
3,191,512
2,128,242
1,099,182
275,605
net assets
73,431,397
71,382,806
42,287,086
18,380,581
16,733,515
9,605,304
1,901,077
6,538,874
8,177,765
1,620,250
490,847
46,153
4,319,972
3,982,001
3,897,961
total shareholders funds
73,431,397
71,382,806
42,287,086
18,380,581
16,733,515
9,605,304
1,901,077
6,538,874
8,177,765
1,620,250
490,847
46,153
4,319,972
3,982,001
3,897,961
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
4,225,533
31,591,644
25,391,995
1,914,727
6,746,842
8,991,699
-3,807,677
-1,854,279
584,688
1,513,771
428,783
-911,052
359,228
-562,527
-207,246
Depreciation
1,196,405
755,998
333,945
457,238
461,287
369,811
327,546
247,860
225,047
318,631
345,787
296,068
93,558
123,481
130,828
Amortisation
278,390
437,461
39,109
161,457
161,454
161,454
161,454
161,454
161,454
161,454
161,454
Tax
-2,107,596
-1,559,106
-210,984
851,977
1,178,070
-936,759
1,146,347
513,425
103,921
-54,414
107,021
113,572
65,802
176,983
66,204
Stock
-736,785
3,722,516
5,768,512
2,509,132
-959,073
3,066,624
2,440,443
308,381
565,872
-223,717
186,086
-77,416
154,024
31,569
791,276
Debtors
-9,196,604
-4,097,728
27,573,716
7,764,545
24,446,817
-9,267,889
3,101,800
209,802
3,966,552
982,155
482,298
-2,200,868
1,389,362
734,385
757,474
Creditors
2,098,959
-638,406
-467,654
1,850,114
-880,622
1,776,359
824,590
-78,515
18,470
-145,866
42,635
-28,287
93,652
239,032
132,257
Accruals and Deferred Income
411,157
839,049
-236,940
133,904
533,912
-17,431,498
16,980,996
17,730
-813,932
9,492
-1,514,545
2,291,146
180,751
154,079
125,781
Deferred Taxes & Provisions
244,682
-55,835
38,206
17,629
Cash flow from operations
16,280,919
31,801,852
-8,492,757
-5,065,717
-15,448,255
-1,029,123
9,929,559
-1,510,505
-4,308,611
1,082,836
-1,079,620
4,201,185
-588,941
-473,452
-1,139,472
Investing Activities
capital expenditure
-6,581,331
-6,235,196
-243,035
-218,957
1,006,449
-5,907,566
-816,834
-303,715
148,727
-177,261
-397,131
-1,043,618
-79,556
-67,930
-1,633,579
Change in Investments
1,618,173
-1,618,173
1,618,173
-1,618,173
392,133
1,226,040
cash flow from investments
-6,581,331
-6,235,196
-243,035
-218,957
-611,724
-4,289,393
-816,834
-303,715
-1,469,446
-177,261
-397,131
574,555
-79,556
-460,063
-2,859,619
Financing Activities
Bank loans
Group/Directors Accounts
-10,205,474
-645,990
10,253,174
158,315
1,560,159
-89,763
89,763
Other Short Term Loans
-21,126,068
11,155,887
9,970,181
-22,020,139
22,020,139
-9,133,973
7,983,391
-290,175
-242,184
1,682,941
-1,112,927
682,878
430,049
Long term loans
-11,972,285
-4,073,605
16,045,890
Hire Purchase and Lease Commitments
-3,101
3,101
-17,984
417
17,567
other long term liabilities
share issue
5,979,158
-161,502
68,052
-3,335,891
499,843
4,053,718
interest
-69,346
-936,818
-1,274,506
-1,119,638
-796,701
-332,480
-476,467
-298,037
-110,252
-168,452
-159,162
-140,448
-87,059
-30,259
-14,715
cash flow from financing
-10,274,820
-22,708,876
8,162,270
4,935,253
-5,210,791
21,687,659
-9,610,440
7,685,354
5,578,731
-572,138
1,588,730
-4,675,928
667,598
900,050
4,056,570
cash and cash equivalents
cash
-575,232
1,185,001
-1,534,885
1,557,992
-639,401
-3,553,730
-1,997,715
5,871,134
-199,326
276,040
134,805
99,812
-899
-33,465
57,479
overdraft
-1,672,779
-961,363
1,907,413
726,729
change in cash
-575,232
2,857,780
-573,522
-349,421
-1,366,130
-3,553,730
-1,997,715
5,871,134
-199,326
276,040
134,805
99,812
-899
-33,465
57,479
spectrum medical limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for spectrum medical limited. Get real-time insights into spectrum medical limited's credit score, group structure and payment trends.
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spectrum medical limited Ownership
SPECTRUM MEDICAL LIMITED group structure
Spectrum Medical Limited has 1 subsidiary company.
ashville business park, commerce road, gloucester, gloucestershire, GL2 9SL
Bank
HSBC BANK PLC
Legal Advisor
BPE
spectrum medical 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 9 charges/mortgages relating to spectrum medical limited. Currently there are 3 open charges and 6 have been satisfied in the past.
spectrum medical 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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spectrum medical limitedCompanies House Filings - See Documents
