medcentres plc
medcentres plc Company Information
Company Number
06035172
Website
www.medcentres.co.ukRegistered Address
1st floor highfield house, bartons road, fordingbridge, hants, SP6 1JD
Industry
Management consultancy activities (other than financial management)
Buying and selling of own real estate
Telephone
01425650080
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
deirdre arnold 50%
nicolas arnold 50%
medcentres plc Estimated Valuation
Pomanda estimates the enterprise value of MEDCENTRES PLC at £3.7m based on a Turnover of £3.6m and 1.03x industry multiple (adjusted for size and gross margin).
medcentres plc Estimated Valuation
Pomanda estimates the enterprise value of MEDCENTRES PLC at £0 based on an EBITDA of £-61.1k and a 3.1x industry multiple (adjusted for size and gross margin).
medcentres plc Estimated Valuation
Pomanda estimates the enterprise value of MEDCENTRES PLC at £10.9m based on Net Assets of £4.8m and 2.28x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Medcentres Plc Overview
Medcentres Plc is a live company located in fordingbridge, SP6 1JD with a Companies House number of 06035172. It operates in the development of building projects sector, SIC Code 41100. Founded in December 2006, it's largest shareholder is deirdre arnold with a 50% stake. Medcentres Plc is a established, small sized company, Pomanda has estimated its turnover at £3.6m with declining growth in recent years.
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Medcentres Plc Health Check
Pomanda's financial health check has awarded Medcentres Plc a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
7 Weak
Size
annual sales of £3.6m, make it smaller than the average company (£5.9m)
£3.6m - Medcentres Plc
£5.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (3.5%)
-9% - Medcentres Plc
3.5% - Industry AVG
Production
with a gross margin of 12.6%, this company has a higher cost of product (44.6%)
12.6% - Medcentres Plc
44.6% - Industry AVG
Profitability
an operating margin of -2.2% make it less profitable than the average company (15%)
-2.2% - Medcentres Plc
15% - Industry AVG
Employees
with 10 employees, this is below the industry average (33)
10 - Medcentres Plc
33 - Industry AVG
Pay Structure
on an average salary of £33.9k, the company has a lower pay structure (£42.4k)
£33.9k - Medcentres Plc
£42.4k - Industry AVG
Efficiency
resulting in sales per employee of £356.5k, this is more efficient (£193.1k)
£356.5k - Medcentres Plc
£193.1k - Industry AVG
Debtor Days
it gets paid by customers after 94 days, this is later than average (44 days)
94 days - Medcentres Plc
44 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (33 days)
7 days - Medcentres Plc
33 days - Industry AVG
Stock Days
it holds stock equivalent to 31 days, this is less than average (169 days)
31 days - Medcentres Plc
169 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is average cash available to meet short term requirements (16 weeks)
17 weeks - Medcentres Plc
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27.2%, this is a lower level of debt than the average (62.3%)
27.2% - Medcentres Plc
62.3% - Industry AVG
MEDCENTRES PLC financials
Medcentres Plc's latest turnover from March 2023 is £3.6 million and the company has net assets of £4.8 million. According to their latest financial statements, Medcentres Plc has 10 employees and maintains cash reserves of £352.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,565,463 | 3,160,504 | 2,390,766 | 4,678,239 | 4,527,911 | 4,374,110 | 699,713 | 185,269 | 1,149,157 | 1,164,359 | 1,379,229 | 1,107,612 | 0 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 3,115,691 | 2,545,859 | 1,775,199 | 3,950,747 | 3,923,369 | 3,697,943 | 163,479 | 4,597 | 349,953 | 452,383 | 676,765 | 753,530 | 0 | |
| Gross Profit | 449,772 | 614,645 | 615,567 | 727,492 | 604,542 | 676,167 | 536,234 | 180,672 | 799,204 | 711,976 | 702,464 | 354,082 | 0 | |
| Admin Expenses | 529,841 | 502,704 | 540,205 | 715,623 | -2,305,702 | 686,187 | 509,055 | 1,008,842 | 507,119 | 544,406 | 464,868 | 396,440 | 4,875 | |
| Operating Profit | -80,069 | 111,941 | 75,362 | 11,869 | 2,910,244 | -10,020 | 27,179 | -828,170 | 292,085 | 167,570 | 237,596 | -42,358 | -4,875 | |
| Interest Payable | 1,033 | 486 | 0 | 0 | 698 | 7,020 | 0 | 78,691 | 390,936 | 419,579 | 353,777 | 170,141 | 5,560 | |
| Interest Receivable | 369 | 0 | 0 | 119 | 10 | 309 | 58 | 22,080 | 3,198 | 133 | 435 | 8,320 | 5,560 | |
| Pre-Tax Profit | 140,667 | 146,655 | 123,762 | 11,988 | 2,909,556 | -16,731 | 27,237 | 1,825,219 | -100,761 | 489,749 | -121,130 | -208,056 | -4,875 | |
| Tax | -153,939 | -11,645 | -17,155 | -4,164 | -568,023 | -27,752 | -13,794 | -24,965 | 0 | -99,927 | 64,509 | -50,252 | 0 | |
| Profit After Tax | -13,272 | 135,010 | 106,607 | 7,824 | 2,341,533 | -44,483 | 13,443 | 1,800,254 | -100,761 | 389,822 | -56,621 | -258,308 | -4,875 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | -13,272 | 135,010 | 106,607 | 7,824 | 2,341,533 | -44,483 | 13,443 | 1,800,254 | -103,037 | 409,653 | -40,756 | -258,265 | -4,875 | |
| Employee Costs | 339,079 | 360,161 | 319,275 | 357,480 | 231,688 | 200,833 | 201,127 | 156,486 | 287,193 | 312,302 | 343,572 | 344,257 | 0 | |
| Number Of Employees | 10 | 13 | 13 | 14 | 13 | 12 | 12 | 12 | 18 | 18 | 21 | 20 | 11 | |
| EBITDA* | -61,149 | 130,862 | 94,117 | 30,568 | 2,920,197 | 16,851 | 55,066 | -791,007 | 540,327 | 422,491 | 499,343 | 262,394 | -4,875 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 725,921 | 872,341 | 889,522 | 906,278 | 876,529 | 267,294 | 286,415 | 88,388 | 1,149,601 | 997,847 | 1,161,402 | 1,504,214 | 793,856 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -182,699 | -194,117 | -205,535 | -216,953 | -309,544 | 0 |
| Investments & Other | 2,974,510 | 2,849,512 | 2,849,602 | 2,848,502 | 2,636,502 | 210,692 | 210,692 | 1,932,826 | 14,400,401 | 10,364,610 | 11,439,124 | 9,404,358 | 6,101,789 | 0 |
| Debtors (Due After 1 year) | 35,000 | 35,000 | 35,000 | 35,000 | 35,000 | 35,000 | 35,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,735,431 | 3,756,853 | 3,774,124 | 3,789,780 | 3,548,031 | 512,986 | 532,107 | 2,021,214 | 15,367,303 | 11,168,340 | 12,394,991 | 10,691,619 | 6,586,101 | 0 |
| Stock & work in progress | 268,712 | 268,712 | 268,343 | 268,208 | 1,538,418 | 2,181,108 | 2,164,469 | 0 | 0 | 0 | 0 | 0 | 153,494 | 0 |
| Trade Debtors | 924,358 | 837,160 | 337,505 | 141,832 | 604,077 | 234,567 | 160,872 | 48,875 | 380,449 | 209,714 | 181,466 | 180,175 | 55,477 | 0 |
| Group Debtors | 987,553 | 987,553 | 987,634 | 1,146,843 | 1,231,984 | 574,935 | 714,823 | 646,854 | 827,000 | 748,810 | 1,060,000 | 250,000 | 720,000 | 0 |
| Misc Debtors | 316,884 | 223,101 | 602,453 | 567,324 | 1,273,434 | 1,164,513 | 1,059,483 | 1,076,995 | 1,439,171 | 1,243,692 | 137,028 | 103,700 | 626,964 | 0 |
| Cash | 352,696 | 458,684 | 98,133 | 94,572 | 10,293 | 385,935 | 67,838 | 229,307 | 165,038 | 1,147,478 | 1,634,524 | 1,263,646 | 3,809,009 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,850,203 | 2,775,210 | 2,294,068 | 2,218,779 | 4,658,206 | 4,541,058 | 4,167,485 | 2,002,031 | 2,811,658 | 3,349,694 | 3,013,018 | 1,797,521 | 5,364,944 | 0 |
| total assets | 6,585,634 | 6,532,063 | 6,068,192 | 6,008,559 | 8,206,237 | 5,054,044 | 4,699,592 | 4,023,245 | 18,178,961 | 14,518,034 | 15,408,009 | 12,489,140 | 11,951,045 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 10,000 | 10,000 | 5,000 | 0 | 0 | 262,823 | 0 | 0 | 160,279 | 146,165 | 167,662 | 116,311 | 27,646 | 0 |
| Trade Creditors | 64,167 | 65,908 | 91,897 | 91,525 | 405,420 | 785,254 | 143,352 | 71,985 | 107,439 | 84,475 | 309,994 | 147,177 | 149,000 | 0 |
| Group/Directors Accounts | 0 | 177,410 | 177,410 | 177,410 | 178,130 | 236,564 | 255,204 | 168,283 | 987,146 | 1,098,146 | 16,956 | 0 | 645,821 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 991,257 | 900,528 | 540,206 | 635,584 | 2,514,474 | 1,554,775 | 2,041,925 | 622,770 | 1,501,845 | 1,457,244 | 249,460 | 551,725 | 188,928 | 0 |
| total current liabilities | 1,065,424 | 1,153,846 | 814,513 | 904,519 | 3,098,024 | 2,839,416 | 2,440,481 | 863,038 | 2,756,709 | 2,786,030 | 744,072 | 815,213 | 1,011,395 | 0 |
| loans | 26,667 | 36,667 | 45,000 | 0 | 0 | 0 | 0 | 0 | 10,005,266 | 10,172,176 | 13,493,931 | 10,382,791 | 9,927,406 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 914,539 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 701,213 | 535,948 | 538,087 | 540,055 | 552,052 | 0 | 0 | 0 | 0 | 0 | 0 | 64,509 | 14,273 | 0 |
| total long term liabilities | 727,880 | 572,615 | 583,087 | 540,055 | 552,052 | 0 | 0 | 914,539 | 10,005,266 | 10,172,176 | 13,493,931 | 10,447,300 | 9,941,679 | 0 |
| total liabilities | 1,793,304 | 1,726,461 | 1,397,600 | 1,444,574 | 3,650,076 | 2,839,416 | 2,440,481 | 1,777,577 | 12,761,975 | 12,958,206 | 14,238,003 | 11,262,513 | 10,953,074 | 0 |
| net assets | 4,792,330 | 4,805,602 | 4,670,592 | 4,563,985 | 4,556,161 | 2,214,628 | 2,259,111 | 2,245,668 | 5,412,900 | 1,558,018 | 1,148,365 | 1,189,121 | 965,116 | 0 |
| total shareholders funds | 4,792,330 | 4,805,602 | 4,670,592 | 4,563,985 | 4,556,161 | 2,214,628 | 2,259,111 | 2,245,668 | 5,412,900 | 1,558,018 | 1,148,365 | 1,189,121 | 965,116 | 0 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -80,069 | 111,941 | 75,362 | 11,869 | 2,910,244 | -10,020 | 27,179 | -828,170 | 292,085 | 167,570 | 237,596 | -42,358 | -4,875 | |
| Depreciation | 18,920 | 18,921 | 18,755 | 18,699 | 9,953 | 26,871 | 27,887 | 37,163 | 259,660 | 266,339 | 273,165 | 316,170 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -11,418 | -11,418 | -11,418 | -11,418 | 0 | |
| Tax | -153,939 | -11,645 | -17,155 | -4,164 | -568,023 | -27,752 | -13,794 | -24,965 | 0 | -99,927 | 64,509 | -50,252 | 0 | |
| Stock | 0 | 369 | 135 | -1,270,210 | -642,690 | 16,639 | 2,164,469 | 0 | 0 | 0 | 0 | -153,494 | 153,494 | 0 |
| Debtors | 180,981 | 120,222 | 71,593 | -1,253,496 | 1,135,480 | 38,837 | 197,454 | -873,896 | 444,404 | 823,722 | 844,619 | -868,566 | 1,402,441 | 0 |
| Creditors | -1,741 | -25,989 | 372 | -313,895 | -379,834 | 641,902 | 71,367 | -35,454 | 22,964 | -225,519 | 162,817 | -1,823 | 149,000 | 0 |
| Accruals and Deferred Income | 90,729 | 360,322 | -95,378 | -1,878,890 | 959,699 | -487,150 | 1,419,155 | -879,075 | 44,601 | 1,207,784 | -302,265 | 362,797 | 188,928 | 0 |
| Deferred Taxes & Provisions | 165,265 | -2,139 | -1,968 | -11,997 | 552,052 | 0 | 0 | 0 | 0 | 0 | -64,509 | 50,236 | 14,273 | 0 |
| Cash flow from operations | -141,816 | 330,820 | -91,740 | 345,328 | 2,991,301 | 88,375 | -830,129 | -856,605 | 163,488 | 481,107 | -484,724 | 1,645,412 | -1,208,609 | |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -161,536 | -7,750 | -912 | 78,243 | -234,394 | 1,994,400 | -2,830,863 | -3,808,298 | -1,786,539 | |
| Change in Investments | 124,998 | -90 | 1,100 | 212,000 | 2,425,810 | 0 | -1,722,134 | -12,467,575 | 4,035,791 | -1,074,514 | 2,034,766 | 3,302,569 | 6,101,789 | 0 |
| cash flow from investments | -124,998 | 90 | -1,100 | -212,000 | -2,587,346 | -7,750 | 1,721,222 | 12,545,818 | -4,270,185 | 3,068,914 | -4,865,629 | -7,110,867 | -7,888,328 | |
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 5,000 | 5,000 | 0 | -262,823 | 262,823 | 0 | -160,279 | 14,114 | -21,497 | 51,351 | 88,665 | 27,646 | 0 |
| Group/Directors Accounts | -177,410 | 0 | 0 | -720 | -58,434 | -18,640 | 86,921 | -818,863 | -111,000 | 1,081,190 | 16,956 | -645,821 | 645,821 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,000 | -8,333 | 45,000 | 0 | 0 | 0 | 0 | -10,005,266 | -166,910 | -3,321,755 | 3,111,140 | 455,385 | 9,927,406 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -914,539 | 914,539 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -664 | -486 | 0 | 119 | -688 | -6,711 | 58 | -56,611 | -387,738 | -419,446 | -353,342 | -161,821 | 0 | |
| cash flow from financing | -188,074 | -3,819 | 50,000 | -601 | -321,945 | 237,472 | -827,560 | -15,093,966 | 3,306,385 | -2,681,508 | 2,826,105 | 218,678 | 11,570,864 | |
| cash and cash equivalents | ||||||||||||||
| cash | -105,988 | 360,551 | 3,561 | 84,279 | -375,642 | 318,097 | -161,469 | 64,269 | -982,440 | -487,046 | 370,878 | -2,545,363 | 3,809,009 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -105,988 | 360,551 | 3,561 | 84,279 | -375,642 | 318,097 | -161,469 | 64,269 | -982,440 | -487,046 | 370,878 | -2,545,363 | 3,809,009 | 0 |
medcentres plc Credit Report and Business Information
Medcentres Plc Competitor Analysis
Perform a competitor analysis for medcentres plc by selecting its closest rivals and benchmarking them against 12 key performance metrics.
medcentres plc Ownership
MEDCENTRES PLC group structure
Medcentres Plc has 4 subsidiary companies.
Ultimate parent company
MEDCENTRES PLC
06035172
4 subsidiaries
medcentres plc directors
Medcentres Plc currently has 6 directors. The longest serving directors include Mr Nicolas Arnold (Dec 2006) and Ms Deirdre Arnold (Jan 2007).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicolas Arnold | 64 years | Dec 2006 | - | Director | |
| Ms Deirdre Arnold | 65 years | Jan 2007 | - | Director | |
| Mr Michael Arnold | 37 years | Oct 2013 | - | Director | |
| Mr David Chilcott | 58 years | Oct 2015 | - | Director | |
| Mr James Arnold | 34 years | Apr 2017 | - | Director | |
| Mr David Arnold | England | 31 years | Jul 2018 | - | Director |
P&L
March 2023turnover
3.6m
+13%
operating profit
-80.1k
-172%
gross margin
12.7%
-35.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
4.8m
0%
total assets
6.6m
+0.01%
cash
352.7k
-0.23%
net assets
Total assets minus all liabilities
medcentres plc company details
company number
06035172
Type
Public limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
68100 - Buying and selling of own real estate
41100 - Development of building projects
incorporation date
December 2006
age
18
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
1st floor highfield house, bartons road, fordingbridge, hants, SP6 1JD
last accounts submitted
March 2023
medcentres plc 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 3 charges/mortgages relating to medcentres plc. Currently there are 3 open charges and 0 have been satisfied in the past.
medcentres plc Companies House Filings - See Documents
| date | description | view/download |
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