Pomanda estimates the enterprise value of MEDIC 2 UK LIMITED at £1.2m based on a Turnover of £2.5m and 0.49x industry multiple (adjusted for size and gross margin).
medic 2 uk limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of MEDIC 2 UK LIMITED at £0 based on an EBITDA of £-173.3k and a 3.64x industry multiple (adjusted for size and gross margin).
medic 2 uk limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of MEDIC 2 UK LIMITED at £0 based on Net Assets of £-117.8k and 2.48x industry multiple (adjusted for liquidity).
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Medic 2 Uk LimitedOverview
Medic 2 Uk Limited is a live company located in grimsby, DN31 2LJ with a Companies House number of 06431757. It operates in the medical nursing home activities sector, SIC Code 86102. Founded in November 2007, it's largest shareholder is
maimuna sarki
with a 100% stake. Medic 2 Uk Limited is a established,
small sized company, Pomanda has estimated its turnover at
£2.5m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Medic 2 Uk Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £2.5m, make it smaller than the average company (£3.2m)
£2.5m - Medic 2 Uk Limited
£3.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (5.2%)
33% - Medic 2 Uk Limited
5.2% - Industry AVG
Production
with a gross margin of 28.9%, this company has a higher cost of product (40.2%)
28.9% - Medic 2 Uk Limited
40.2% - Industry AVG
Profitability
an operating margin of -7.5% make it less profitable than the average company (13.8%)
-7.5% - Medic 2 Uk Limited
13.8% - Industry AVG
Employees
with 55 employees, this is below the industry average (107)
55 - Medic 2 Uk Limited
107 - Industry AVG
Pay Structure
on an average salary of £17.5k, the company has an equivalent pay structure (£17.5k)
£17.5k - Medic 2 Uk Limited
£17.5k - Industry AVG
Efficiency
resulting in sales per employee of £45.8k, this is more efficient (£32.5k)
£45.8k - Medic 2 Uk Limited
£32.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Medic 2 Uk Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 131 days, this is slower than average (24 days)
131 days - Medic 2 Uk Limited
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Medic 2 Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (24 weeks)
0 weeks - Medic 2 Uk Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 112.6%, this is a higher level of debt than the average (62%)
112.6% - Medic 2 Uk Limited
62% - Industry AVG
MEDIC 2 UK LIMITED financials
EXPORT
Medic 2 Uk Limited's latest turnover from November 2016 is estimated at £2.5 million and the company has net assets of -£117.8 thousand. According to their latest financial statements, we estimate that Medic 2 Uk Limited has 55 employees and maintains cash reserves of £5.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Turnover
2,521,271
1,741,824
799,555
1,073,671
592,630
533,483
564,692
Other Income Or Grants
Cost Of Sales
1,791,516
1,255,856
573,857
796,954
459,551
316,075
358,034
Gross Profit
729,755
485,969
225,699
276,717
133,079
217,408
206,658
Admin Expenses
919,563
504,418
208,517
248,851
126,777
184,851
158,874
-16,267
Operating Profit
-189,808
-18,449
17,182
27,866
6,302
32,557
47,784
16,267
Interest Payable
2
Interest Receivable
16
29
49
57
58
2
11
Pre-Tax Profit
-189,792
-18,420
17,232
27,923
6,359
36,476
40,678
16,278
Tax
-3,619
-6,422
-1,526
-12,259
-6,172
-4,558
Profit After Tax
-189,792
-18,420
13,613
21,501
4,833
24,217
34,506
11,720
Dividends Paid
20,000
Retained Profit
-189,792
-18,420
13,613
21,501
4,833
4,217
34,506
11,720
Employee Costs
962,362
726,491
310,250
388,435
213,200
183,102
197,894
Number Of Employees
55
42
19
23
13
11
12
EBITDA*
-173,345
15,381
61,270
78,315
26,069
54,761
58,358
26,258
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Tangible Assets
929,392
1,131,779
745,058
764,146
60,323
76,883
34,045
29,790
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
929,392
1,131,779
745,058
764,146
60,323
76,883
34,045
29,790
Stock & work in progress
Trade Debtors
930
3,431
61,431
1,683
Group Debtors
Misc Debtors
2,651
7,166
Cash
5,733
6,795
4,683
15,047
7,857
15,158
52,233
4,270
misc current assets
total current assets
5,733
6,795
5,613
18,478
69,288
17,809
59,399
5,953
total assets
935,125
1,138,574
750,671
782,624
129,611
94,692
93,444
35,743
Bank overdraft
Bank loan
Trade Creditors
643,261
689,418
656,108
701,674
70,162
6,400
23,983
Group/Directors Accounts
424
other short term finances
hp & lease commitments
other current liabilities
31,761
47,178
total current liabilities
643,261
689,418
656,108
701,674
70,162
38,585
47,178
23,983
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
405,513
373,013
provisions
4,133
4,133
4,133
4,133
4,133
5,624
total long term liabilities
409,646
377,146
4,133
4,133
4,133
5,624
total liabilities
1,052,907
1,066,564
660,241
705,807
74,295
44,209
47,178
23,983
net assets
-117,782
72,010
90,430
76,817
55,316
50,483
46,266
11,760
total shareholders funds
-117,782
72,010
90,430
76,817
55,316
50,483
46,266
11,760
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Operating Activities
Operating Profit
-189,808
-18,449
17,182
27,866
6,302
32,557
47,784
16,267
Depreciation
16,463
33,830
44,088
50,449
19,767
22,204
10,574
9,991
Amortisation
Tax
-3,619
-6,422
-1,526
-12,259
-6,172
-4,558
Stock
Debtors
-930
-2,501
-58,000
58,780
-4,515
5,483
1,683
Creditors
-46,157
33,310
-45,566
631,512
63,762
6,400
-23,983
23,983
Accruals and Deferred Income
-31,761
-15,417
47,178
Deferred Taxes & Provisions
-1,491
5,624
Cash flow from operations
-219,502
49,621
14,586
761,405
-3,727
43,624
69,898
44,000
Investing Activities
capital expenditure
185,924
-420,551
-25,000
-754,272
-3,207
-65,042
-14,829
-39,781
Change in Investments
cash flow from investments
185,924
-420,551
-25,000
-754,272
-3,207
-65,042
-14,829
-39,781
Financing Activities
Bank loans
Group/Directors Accounts
-424
424
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
32,500
373,013
share issue
40
interest
16
29
49
57
58
11
cash flow from financing
32,516
373,042
49
57
-366
424
51
cash and cash equivalents
cash
-1,062
2,112
-10,364
7,190
-7,301
-37,075
47,963
4,270
overdraft
change in cash
-1,062
2,112
-10,364
7,190
-7,301
-37,075
47,963
4,270
medic 2 uk 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 medic 2 uk limited. Get real-time insights into medic 2 uk limited's credit score, group structure and payment trends.
Perform a competitor analysis for medic 2 uk limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in DN31 area or any other competitors across 12 key performance metrics.
medic 2 uk limited Ownership
MEDIC 2 UK LIMITED group structure
Medic 2 Uk Limited has no subsidiary companies.
Ultimate parent company
MEDIC 2 UK LIMITED
06431757
MEDIC 2 UK LIMITED Shareholders
The sole shareholder of Medic 2 Uk Limited is Maimuna Sarki.
maimuna sarki
100%
medic 2 uk limited directors
Medic 2 Uk Limited currently has 1 director, Mr Eithel Mercera serving since Jun 2018.
cartergate house, 26 chantry lane, grimsby, north east lincolnshire, DN31 2LJ
Bank
-
Legal Advisor
-
medic 2 uk 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 8 charges/mortgages relating to medic 2 uk limited. Currently there are 6 open charges and 2 have been satisfied in the past.
medic 2 uk 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 MEDIC 2 UK LIMITED. This can take several minutes, an email will notify you when this has completed.
medic 2 uk limitedCompanies House Filings - See Documents
