right to health limited
right to health limited Company Information
Company Number
06521982
Next Accounts
Jun 2025
Shareholders
aston lark group limited
Group Structure
View All
Industry
Regulation of the activities of providing health care, education, cultural services and other social services, excluding social security
Registered Address
98 hornchurch road, hornchurch, hornchurch, essex, RM11 1JS
Website
www.righttohealth.co.ukright to health limited Estimated Valuation
Pomanda estimates the enterprise value of RIGHT TO HEALTH LIMITED at £4.6m based on a Turnover of £6.5m and 0.7x industry multiple (adjusted for size and gross margin).
right to health limited Estimated Valuation
Pomanda estimates the enterprise value of RIGHT TO HEALTH LIMITED at £10.1m based on an EBITDA of £1.8m and a 5.56x industry multiple (adjusted for size and gross margin).
right to health limited Estimated Valuation
Pomanda estimates the enterprise value of RIGHT TO HEALTH LIMITED at £14.5m based on Net Assets of £4.1m and 3.55x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Right To Health Limited Overview
Right To Health Limited is a live company located in hornchurch, RM11 1JS with a Companies House number of 06521982. It operates in the regulation of health care, education, cultural and other social services, not incl. social security sector, SIC Code 84120. Founded in March 2008, it's largest shareholder is aston lark group limited with a 100% stake. Right To Health Limited is a established, mid sized company, Pomanda has estimated its turnover at £6.5m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Right To Health Limited Health Check
Pomanda's financial health check has awarded Right To Health Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
3 Weak
Size
annual sales of £6.5m, make it larger than the average company (£369k)
£6.5m - Right To Health Limited
£369k - Industry AVG
Growth
3 year (CAGR) sales growth of 71%, show it is growing at a faster rate (3.5%)
- Right To Health Limited
3.5% - Industry AVG
Production
with a gross margin of 79.8%, this company has a comparable cost of product (99.3%)
79.8% - Right To Health Limited
99.3% - Industry AVG
Profitability
an operating margin of 27.1% make it more profitable than the average company (2.9%)
27.1% - Right To Health Limited
2.9% - Industry AVG
Employees
with 59 employees, this is above the industry average (12)
59 - Right To Health Limited
12 - Industry AVG
Pay Structure
on an average salary of £53.5k, the company has a higher pay structure (£25.8k)
£53.5k - Right To Health Limited
£25.8k - Industry AVG
Efficiency
resulting in sales per employee of £110.9k, this is more efficient (£42.8k)
£110.9k - Right To Health Limited
£42.8k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is later than average (13 days)
19 days - Right To Health Limited
13 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Right To Health Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Right To Health Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 48 weeks, this is less cash available to meet short term requirements (94 weeks)
48 weeks - Right To Health Limited
94 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6.5%, this is a lower level of debt than the average (29.4%)
6.5% - Right To Health Limited
29.4% - Industry AVG
RIGHT TO HEALTH LIMITED financials
Right To Health Limited's latest turnover from September 2023 is £6.5 million and the company has net assets of £4.1 million. According to their latest financial statements, Right To Health Limited has 59 employees and maintains cash reserves of £258.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Dec 2021 | Dec 2020 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,543,844 | 4,837,054 | 6,497,046 | ||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 1,771,314 | 1,284,110 | 862,060 | ||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | 1,507 | ||||||||||||||
| Pre-Tax Profit | 1,771,314 | 1,285,617 | 862,060 | ||||||||||||
| Tax | -439,033 | -244,055 | -161,619 | ||||||||||||
| Profit After Tax | 1,332,281 | 1,041,562 | 700,441 | ||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 1,332,281 | 1,041,562 | 700,441 | ||||||||||||
| Employee Costs | 3,158,544 | 2,286,415 | 3,230,076 | ||||||||||||
| Number Of Employees | 59 | 58 | 58 | 60 | 60 | 54 | 57 | 54 | 47 | ||||||
| EBITDA* | 1,813,482 | 1,403,758 | 913,420 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Dec 2021 | Dec 2020 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 35,672 | 70,944 | 175,264 | 188,522 | 212,075 | 162,528 | 35,747 | 36,001 | 35,644 | 31,977 | 27,724 | 25,746 | 40,344 | 53,464 | 100,933 |
| Intangible Assets | 200,000 | 400,000 | 600,000 | 800,000 | 1,000,000 | 1,200,000 | 1,400,000 | 1,600,000 | 1,800,000 | ||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 35,672 | 70,944 | 175,264 | 188,522 | 212,075 | 162,528 | 235,747 | 436,001 | 635,644 | 831,977 | 1,027,724 | 1,225,746 | 1,440,344 | 1,653,464 | 1,900,933 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 342,505 | 341,194 | 276,169 | 9,000 | 8,560 | 7,674 | 6,727 | 6,513 | |||||||
| Group Debtors | 3,704,149 | 2,207,049 | 511,895 | ||||||||||||
| Misc Debtors | 32,840 | 40,199 | 37,978 | 451,865 | 33,267 | 17,830 | 16,769 | 13,685 | 30,262 | 26,982 | |||||
| Cash | 258,580 | 937,613 | 1,324,726 | 1,092,503 | 626,745 | 759,933 | 1,257,143 | 838,683 | 582,558 | 405,488 | 576,447 | 429,615 | 360,485 | 375,126 | 452,321 |
| misc current assets | |||||||||||||||
| total current assets | 4,338,074 | 3,526,055 | 2,150,768 | 1,544,368 | 660,012 | 786,763 | 1,273,912 | 852,368 | 612,820 | 432,470 | 585,007 | 437,289 | 367,212 | 375,126 | 458,834 |
| total assets | 4,373,746 | 3,596,999 | 2,326,032 | 1,732,890 | 872,087 | 949,291 | 1,509,659 | 1,288,369 | 1,248,464 | 1,264,447 | 1,612,731 | 1,663,035 | 1,807,556 | 2,028,590 | 2,359,767 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 14,689 | 25,659 | 957 | 9,993 | 39,734 | 450 | 1,654 | 10,018 | 7,074 | 268,012 | 366,715 | 256,092 | 201,145 | 215,299 | |
| Group/Directors Accounts | 21,169 | ||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 253,532 | 817,182 | 560,613 | 1,217,158 | 271,549 | 416,666 | 477,101 | 309,581 | 217,066 | 180,144 | |||||
| total current liabilities | 274,701 | 831,871 | 586,272 | 1,218,115 | 281,542 | 456,400 | 477,551 | 311,235 | 227,084 | 187,218 | 268,012 | 366,715 | 256,092 | 201,145 | 215,299 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 313,533 | 746,813 | 1,321,433 | 1,818,750 | |||||||||||
| provisions | 7,213 | 12,800 | 32,471 | 34,808 | 39,124 | 29,454 | 5,052 | 4,966 | 4,405 | 3,219 | 1,672 | 232 | 2,044 | 3,957 | 13,247 |
| total long term liabilities | 7,213 | 12,800 | 32,471 | 34,808 | 39,124 | 29,454 | 5,052 | 4,966 | 4,405 | 3,219 | 1,672 | 313,765 | 748,857 | 1,325,390 | 1,831,997 |
| total liabilities | 281,914 | 844,671 | 618,743 | 1,252,923 | 320,666 | 485,854 | 482,603 | 316,201 | 231,489 | 190,437 | 269,684 | 680,480 | 1,004,949 | 1,526,535 | 2,047,296 |
| net assets | 4,091,832 | 2,752,328 | 1,707,289 | 479,967 | 551,421 | 463,437 | 1,027,056 | 972,168 | 1,016,975 | 1,074,010 | 1,343,047 | 982,555 | 802,607 | 502,055 | 312,471 |
| total shareholders funds | 4,091,832 | 2,752,328 | 1,707,289 | 479,967 | 551,421 | 463,437 | 1,027,056 | 972,168 | 1,016,975 | 1,074,010 | 1,343,047 | 982,555 | 802,607 | 502,055 | 312,471 |
| Sep 2023 | Sep 2022 | Dec 2021 | Dec 2020 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,771,314 | 1,284,110 | 862,060 | ||||||||||||
| Depreciation | 42,168 | 119,648 | 51,360 | 37,210 | 61,300 | 16,633 | 11,905 | 11,991 | 11,871 | 10,650 | 19,933 | 15,720 | 17,037 | 17,822 | 30,056 |
| Amortisation | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | |||||
| Tax | -439,033 | -244,055 | -161,619 | ||||||||||||
| Stock | |||||||||||||||
| Debtors | 1,491,052 | 1,762,400 | 374,177 | 425,035 | 6,437 | 10,061 | 3,084 | -16,577 | 3,280 | 18,422 | 886 | 947 | 6,727 | -6,513 | 6,513 |
| Creditors | -14,689 | -10,970 | 24,702 | -38,777 | -29,741 | 39,284 | -1,204 | -8,364 | 2,944 | -260,938 | -98,703 | 110,623 | 54,947 | -14,154 | 215,299 |
| Accruals and Deferred Income | -563,650 | 256,569 | -656,545 | 800,492 | -145,117 | -60,435 | 167,520 | 92,515 | 36,922 | 180,144 | |||||
| Deferred Taxes & Provisions | -5,587 | -19,671 | -2,337 | 5,354 | 9,670 | 24,402 | 86 | 561 | 1,186 | 1,547 | 1,440 | -1,812 | -1,913 | -9,290 | 13,247 |
| Cash flow from operations | -700,529 | -376,769 | -256,556 | ||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 21,169 | ||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -313,533 | -433,280 | -574,620 | -497,317 | 1,818,750 | ||||||||||
| share issue | |||||||||||||||
| interest | 1,507 | ||||||||||||||
| cash flow from financing | 28,392 | 4,984 | 526,881 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -679,033 | -387,113 | 232,223 | 332,570 | -133,188 | -497,210 | 418,460 | 256,125 | 177,070 | -170,959 | 146,832 | 69,130 | -14,641 | -77,195 | 452,321 |
| overdraft | |||||||||||||||
| change in cash | -679,033 | -387,113 | 232,223 | 332,570 | -133,188 | -497,210 | 418,460 | 256,125 | 177,070 | -170,959 | 146,832 | 69,130 | -14,641 | -77,195 | 452,321 |
right to health limited Credit Report and Business Information
Right To Health Limited Competitor Analysis
Perform a competitor analysis for right to health limited by selecting its closest rivals, whether from the PUBLIC ADMINISTRATION AND DEFENCE; COMPULSORY SOCIAL SECURITY sector, other mid companies, companies in RM11 area or any other competitors across 12 key performance metrics.
right to health limited Ownership
RIGHT TO HEALTH LIMITED group structure
Right To Health Limited has no subsidiary companies.
Ultimate parent company
2 parents
RIGHT TO HEALTH LIMITED
06521982
right to health limited directors
Right To Health Limited currently has 3 directors. The longest serving directors include Mr Jonathan Carroll (Mar 2021) and Mr David Edmands (May 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Carroll | England | 38 years | Mar 2021 | - | Director |
| Mr David Edmands | United Kingdom | 56 years | May 2023 | - | Director |
| Mr Michael Dalby | United Kingdom | 52 years | Jan 2024 | - | Director |
P&L
September 2023turnover
6.5m
+35%
operating profit
1.8m
+38%
gross margin
79.9%
-8.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
4.1m
+0.49%
total assets
4.4m
+0.22%
cash
258.6k
-0.72%
net assets
Total assets minus all liabilities
right to health limited company details
company number
06521982
Type
Private limited with Share Capital
industry
84120 - Regulation of the activities of providing health care, education, cultural services and other social services, excluding social security
incorporation date
March 2008
age
17
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
98 hornchurch road, hornchurch, hornchurch, essex, RM11 1JS
Bank
-
Legal Advisor
-
right to health 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 3 charges/mortgages relating to right to health limited. Currently there are 2 open charges and 1 have been satisfied in the past.
right to health 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 RIGHT TO HEALTH LIMITED. This can take several minutes, an email will notify you when this has completed.
right to health limited Companies House Filings - See Documents
| date | description | view/download |
|---|
