physiolab technologies limited
physiolab technologies limited Company Information
Company Number
06430772
Website
physiolab-technologies.comRegistered Address
unit 2 centurion court, brick close, milton keynes, MK11 3JB
Industry
Manufacture of medical and dental instruments and supplies
Telephone
01908263331
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
ari charles zaphiriou-zarifi 16.1%
merifin capital bv 7.8%
View Allphysiolab technologies limited Estimated Valuation
Pomanda estimates the enterprise value of PHYSIOLAB TECHNOLOGIES LIMITED at £769.8k based on a Turnover of £706.8k and 1.09x industry multiple (adjusted for size and gross margin).
physiolab technologies limited Estimated Valuation
Pomanda estimates the enterprise value of PHYSIOLAB TECHNOLOGIES LIMITED at £0 based on an EBITDA of £-912.3k and a 6.77x industry multiple (adjusted for size and gross margin).
physiolab technologies limited Estimated Valuation
Pomanda estimates the enterprise value of PHYSIOLAB TECHNOLOGIES LIMITED at £209.1k based on Net Assets of £400.6k and 0.52x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Physiolab Technologies Limited Overview
Physiolab Technologies Limited is a live company located in milton keynes, MK11 3JB with a Companies House number of 06430772. It operates in the manufacture of medical and dental instruments and supplies sector, SIC Code 32500. Founded in November 2007, it's largest shareholder is ari charles zaphiriou-zarifi with a 16% stake. Physiolab Technologies Limited is a established, small sized company, Pomanda has estimated its turnover at £706.8k with rapid growth in recent years.
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Physiolab Technologies Limited Health Check
Pomanda's financial health check has awarded Physiolab Technologies Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £706.8k, make it smaller than the average company (£14.6m)
£706.8k - Physiolab Technologies Limited
£14.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 41%, show it is growing at a faster rate (4.7%)
41% - Physiolab Technologies Limited
4.7% - Industry AVG
Production
with a gross margin of 53.7%, this company has a lower cost of product (38.3%)
53.7% - Physiolab Technologies Limited
38.3% - Industry AVG
Profitability
an operating margin of -152.7% make it less profitable than the average company (5.8%)
-152.7% - Physiolab Technologies Limited
5.8% - Industry AVG
Employees
with 16 employees, this is below the industry average (72)
16 - Physiolab Technologies Limited
72 - Industry AVG
Pay Structure
on an average salary of £45.2k, the company has an equivalent pay structure (£45.2k)
- Physiolab Technologies Limited
£45.2k - Industry AVG
Efficiency
resulting in sales per employee of £44.2k, this is less efficient (£174.8k)
£44.2k - Physiolab Technologies Limited
£174.8k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is earlier than average (49 days)
28 days - Physiolab Technologies Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 145 days, this is slower than average (37 days)
145 days - Physiolab Technologies Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 511 days, this is more than average (92 days)
511 days - Physiolab Technologies Limited
92 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 33 weeks, this is more cash available to meet short term requirements (15 weeks)
33 weeks - Physiolab Technologies Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62.7%, this is a higher level of debt than the average (43.7%)
62.7% - Physiolab Technologies Limited
43.7% - Industry AVG
PHYSIOLAB TECHNOLOGIES LIMITED financials
Physiolab Technologies Limited's latest turnover from December 2022 is £706.8 thousand and the company has net assets of £400.6 thousand. According to their latest financial statements, Physiolab Technologies Limited has 16 employees and maintains cash reserves of £158.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 706,814 | 427,656 | 304,201 | 251,589 | 460,825 | 193,878 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Cost Of Sales | 327,284 | 133,930 | 104,854 | 142,832 | 367,117 | 161,391 | 0 | 1,064,828 | 1,386,164 | 1,186,942 | 15,022 | |||
| Gross Profit | 379,530 | 293,726 | 199,347 | 108,757 | 93,708 | 32,487 | 0 | -1,064,828 | -1,386,164 | -1,186,942 | -15,022 | |||
| Admin Expenses | 1,458,977 | 1,543,058 | 1,394,490 | 1,923,471 | 2,362,914 | 3,545,836 | 3,150,675 | 1,214,861 | 1,078,449 | 823,931 | 165,100 | |||
| Operating Profit | -1,079,447 | -1,249,332 | -1,195,143 | -1,814,714 | -2,269,206 | -3,513,349 | -3,150,675 | -2,279,689 | -2,464,613 | -2,010,873 | -180,122 | -31,359 | ||
| Interest Payable | 45,469 | 42,398 | 55,195 | 117,068 | 139,223 | 152,591 | 128,047 | 76,222 | 0 | 372 | 931 | 0 | ||
| Interest Receivable | 0 | 0 | 0 | 736 | 438 | 50 | 161 | 11,824 | 4,970 | 350 | 14 | 0 | ||
| Pre-Tax Profit | -1,124,916 | -1,291,730 | -1,250,338 | -1,931,046 | -2,407,991 | -3,665,890 | -3,278,561 | -2,344,087 | -2,459,643 | -2,010,895 | -181,039 | -31,359 | ||
| Tax | 13,364 | 79,175 | 71,673 | 151,558 | 410,200 | 229,863 | 196,639 | 289,863 | 644,715 | 0 | 0 | 0 | ||
| Profit After Tax | -1,111,552 | -1,212,555 | -1,178,665 | -1,779,488 | -1,997,791 | -3,436,027 | -3,081,922 | -2,054,224 | -1,814,928 | -2,010,895 | -181,039 | -31,359 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | -1,111,552 | -1,212,555 | -1,178,665 | -1,779,488 | -1,997,791 | -3,436,027 | -3,081,922 | -2,054,224 | -1,814,928 | -2,010,895 | -181,039 | -31,359 | ||
| Employee Costs | 14,735 | |||||||||||||
| Number Of Employees | 16 | 15 | 14 | 14 | 15 | 14 | 12 | |||||||
| EBITDA* | -912,309 | -1,069,657 | -1,039,801 | -1,751,903 | -2,211,619 | -3,430,965 | -3,059,296 | -2,174,533 | -2,387,746 | -1,953,220 | -168,632 | -26,359 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 247,244 | 210,816 | 318,214 | 586,484 | 55,157 | 50,431 | 164,555 | 215,671 | 176,054 | 179,482 | 105,045 | 45,854 | 56,410 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 6,390 | 39,722 | 59,583 | 64,583 | 69,583 | 74,583 | 80,000 | 85,000 | 90,000 | 95,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 188 | 188 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 1,910 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 247,244 | 210,816 | 318,214 | 588,394 | 61,547 | 90,153 | 224,138 | 280,442 | 245,825 | 254,065 | 185,045 | 130,854 | 146,410 | 95,000 |
| Stock & work in progress | 458,538 | 122,164 | 170,849 | 51,413 | 391,345 | 343,124 | 381,326 | 326,483 | 127,829 | 28,104 | 0 | 0 | 0 | 0 |
| Trade Debtors | 55,916 | 84,513 | 14,668 | 42,653 | 43,315 | 63,210 | 40,662 | 6,447 | 23,452 | 22,198 | 121,307 | 21,432 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 447,951 | 191,924 | 0 | 0 | 0 | 5,122 | 0 |
| Misc Debtors | 154,004 | 443,509 | 92,276 | 234,365 | 525,876 | 277,970 | 303,874 | 322,432 | 707,473 | 46,430 | 0 | 0 | 12,752 | 0 |
| Cash | 158,745 | 220,332 | 98,386 | 162,233 | 607,994 | 466,777 | 333,315 | 665,168 | 405,412 | 279,423 | 10,375 | 78,986 | 74,267 | 1 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 827,203 | 870,518 | 376,179 | 490,664 | 1,568,530 | 1,151,081 | 1,059,177 | 1,768,481 | 1,456,090 | 376,155 | 131,682 | 100,418 | 92,141 | 1 |
| total assets | 1,074,447 | 1,081,334 | 694,393 | 1,079,058 | 1,630,077 | 1,241,234 | 1,283,315 | 2,048,923 | 1,701,915 | 630,220 | 316,727 | 231,272 | 238,551 | 95,001 |
| 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 | 130,359 | 168,277 | 29,726 | 135,118 | 127,918 | 108,383 | 136,703 | 106,279 | 248,650 | 234,546 | 290,082 | 330,103 | 10,654 | 3,661 |
| Group/Directors Accounts | 0 | 140,000 | 0 | 200,000 | 947,000 | 0 | 1,217,000 | 0 | 0 | 0 | 0 | 0 | 125,788 | 122,698 |
| other short term finances | 0 | 0 | 0 | 11,250 | 15,000 | 15,000 | 0 | 957,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 27,096 | 25,676 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 116,344 | 163,038 | 147,870 | 160,758 | 154,193 | 190,574 | 168,863 | 118,452 | 164,085 | 0 | 0 | 0 | 14,408 | 0 |
| total current liabilities | 246,703 | 471,315 | 177,596 | 507,126 | 1,244,111 | 313,957 | 1,549,662 | 1,207,407 | 412,735 | 234,546 | 290,082 | 330,103 | 150,850 | 126,359 |
| loans | 407,582 | 238,912 | 353,314 | 847,000 | 11,250 | 1,239,421 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 33,511 | 60,608 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 19,598 | 12,913 | 43,235 | 116,622 | 170,236 | 135,705 | 10,000 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 427,180 | 251,825 | 396,549 | 963,622 | 181,486 | 1,375,126 | 43,511 | 70,608 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 673,883 | 723,140 | 574,145 | 1,470,748 | 1,425,597 | 1,689,083 | 1,593,173 | 1,278,015 | 412,735 | 234,546 | 290,082 | 330,103 | 150,850 | 126,359 |
| net assets | 400,564 | 358,194 | 120,248 | -391,690 | 204,480 | -447,849 | -309,858 | 770,908 | 1,289,180 | 395,674 | 26,645 | -98,831 | 87,701 | -31,358 |
| total shareholders funds | 400,564 | 358,194 | 120,248 | -391,690 | 204,480 | -447,849 | -309,858 | 770,908 | 1,289,180 | 395,674 | 26,645 | -98,831 | 87,701 | -31,358 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -1,079,447 | -1,249,332 | -1,195,143 | -1,814,714 | -2,269,206 | -3,513,349 | -3,150,675 | -2,279,689 | -2,464,613 | -2,010,873 | -180,122 | -31,359 | ||
| Depreciation | 167,138 | 179,675 | 155,342 | 56,421 | 24,255 | 62,523 | 86,379 | 100,156 | 71,867 | 52,236 | 42,993 | 17,447 | 6,490 | 0 |
| Amortisation | 0 | 0 | 0 | 6,390 | 33,332 | 19,861 | 5,000 | 5,000 | 5,000 | 5,417 | 5,000 | 5,000 | 5,000 | 5,000 |
| Tax | 13,364 | 79,175 | 71,673 | 151,558 | 410,200 | 229,863 | 196,639 | 289,863 | 644,715 | 0 | 0 | 0 | ||
| Stock | 336,374 | -48,685 | 119,436 | -339,932 | 48,221 | -38,202 | 54,843 | 198,654 | 99,725 | 28,104 | 0 | 0 | 0 | 0 |
| Debtors | -318,102 | 421,078 | -171,984 | -290,263 | 228,011 | -3,356 | -432,294 | -146,019 | 854,221 | -52,679 | 99,875 | 3,558 | 17,874 | 0 |
| Creditors | -37,918 | 138,551 | -105,392 | 7,200 | 19,535 | -28,320 | 30,424 | -142,371 | 14,104 | -55,536 | -40,021 | 319,449 | 6,993 | 3,661 |
| Accruals and Deferred Income | -46,694 | 15,168 | -12,888 | 6,565 | -36,381 | 21,711 | 50,411 | -45,633 | 164,085 | 0 | 0 | -14,408 | 14,408 | 0 |
| Deferred Taxes & Provisions | 6,685 | -30,322 | -73,387 | -53,614 | 34,531 | 125,705 | 0 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -995,144 | -1,239,478 | -1,107,247 | -1,009,999 | -2,059,966 | -3,040,448 | -2,404,371 | -2,115,309 | -2,518,788 | -1,984,181 | -165,105 | -22,698 | ||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | -188 | 0 | 188 | 0 | 0 | 0 | 0 | 0 |
| 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 | -140,000 | 140,000 | -200,000 | -747,000 | 947,000 | -1,217,000 | 1,217,000 | 0 | 0 | 0 | 0 | -125,788 | 3,090 | 122,698 |
| Other Short Term Loans | 0 | 0 | -11,250 | -3,750 | 0 | 15,000 | -957,000 | 957,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 168,670 | -114,402 | -493,686 | 835,750 | -1,228,171 | 1,239,421 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | -60,607 | -25,677 | 86,284 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -45,469 | -42,398 | -55,195 | -116,332 | -138,785 | -152,541 | -127,886 | -64,398 | 4,970 | -22 | -917 | 0 | ||
| cash flow from financing | 1,137,123 | 1,433,701 | 930,472 | 1,151,986 | 2,230,164 | 3,122,309 | 2,107,593 | 2,514,838 | 2,713,404 | 2,379,902 | 302,271 | 122,699 | ||
| cash and cash equivalents | ||||||||||||||
| cash | -61,587 | 121,946 | -63,847 | -445,761 | 141,217 | 133,462 | -331,853 | 259,756 | 125,989 | 269,048 | -68,611 | 4,719 | 74,266 | 1 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -61,587 | 121,946 | -63,847 | -445,761 | 141,217 | 133,462 | -331,853 | 259,756 | 125,989 | 269,048 | -68,611 | 4,719 | 74,266 | 1 |
physiolab technologies limited Credit Report and Business Information
Physiolab Technologies Limited Competitor Analysis
Perform a competitor analysis for physiolab technologies limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in MK11 area or any other competitors across 12 key performance metrics.
physiolab technologies limited Ownership
PHYSIOLAB TECHNOLOGIES LIMITED group structure
Physiolab Technologies Limited has no subsidiary companies.
Ultimate parent company
PHYSIOLAB TECHNOLOGIES LIMITED
06430772
physiolab technologies limited directors
Physiolab Technologies Limited currently has 5 directors. The longest serving directors include Mr Stuart Darling (Jul 2018) and Mr James Whitlock (Jan 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stuart Darling | 61 years | Jul 2018 | - | Director | |
| Mr James Whitlock | England | 39 years | Jan 2019 | - | Director |
| Mr Leighton Thomas | United Kingdom | 47 years | Sep 2020 | - | Director |
| Mr John McMillan | United Kingdom | 64 years | Dec 2021 | - | Director |
| Mr Michael Barter | United Kingdom | 53 years | Sep 2023 | - | Director |
P&L
December 2022turnover
706.8k
+65%
operating profit
-1.1m
-14%
gross margin
53.7%
-21.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
400.6k
+0.12%
total assets
1.1m
-0.01%
cash
158.7k
-0.28%
net assets
Total assets minus all liabilities
physiolab technologies limited company details
company number
06430772
Type
Private limited with Share Capital
industry
32500 - Manufacture of medical and dental instruments and supplies
incorporation date
November 2007
age
17
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
medicold limited (May 2013)
last accounts submitted
December 2022
address
unit 2 centurion court, brick close, milton keynes, MK11 3JB
accountant
-
auditor
PRICE BALLEY LLP
physiolab technologies 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 physiolab technologies limited.
physiolab technologies limited Companies House Filings - See Documents
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