Medicase Limited

POWER SEARCH PRICING

SOLUTIONS

medicase limited Company Information

Live

EstablishedMidDeclining

Company Number

06678349

Website

www.medicase.co.uk

Registered Address

radnor house greenwood close, cardiff gate business park, cardiff, south glamorgan, CF23 8AA

Industry

General medical practice activities

Telephone

02920730811

Next Accounts Due

December 2024

Group Structure

View All

Directors

Joanna Longstaffe14 Years

David Hughes14 Years

Shareholders

joanna elizabeth longstaffe 34%

executors of admnistrators for the estate payne 34%

View All

medicase limited Estimated Valuation

£2.8m

Pomanda estimates the enterprise value of MEDICASE LIMITED at £2.8m based on a Turnover of £5.9m and 0.47x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Medicase Limited is a live company located in cardiff, CF23 8AA with a Companies House number of 06678349. It operates in the general medical practice activities sector, SIC Code 86210. Founded in August 2008, it's largest shareholder is joanna elizabeth longstaffe with a 34% stake. Medicase Limited is a established, mid sized company, Pomanda has estimated its turnover at £5.9m with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Medicase Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

3 Strong

4 Regular

4 Weak

Size

annual sales of £5.9m, make it larger than the average company (£1.9m)

Growth

3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (7%)

EXPORT

Medicase Limited's latest turnover from March 2023 is estimated at £5.9 million and the company has net assets of -£13.9 thousand. According to their latest financial statements, we estimate that Medicase Limited has 80 employees and maintains cash reserves of £57.3 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	Mar 2010
Turnover	5,911,120	4,044,511	4,980,864	8,706,227	4,731,445	5,347,827	6,605,297	8,674,507	12,104,835	13,923,445	10,383,657	5,733,937	2,380,606	460,192
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	3,811,839	2,504,688	3,033,794	5,279,643	2,796,620	2,916,166	3,377,730	4,844,329	7,118,680	7,991,881	5,396,995	2,890,163	1,010,840	203,824
Gross Profit	2,099,282	1,539,823	1,947,070	3,426,584	1,934,825	2,431,660	3,227,567	3,830,178	4,986,155	5,931,564	4,986,662	2,843,775	1,369,767	256,368
Admin Expenses	2,079,723	1,598,086	1,901,640	3,429,649	1,997,442	2,526,279	3,195,708	3,792,295	4,974,746	5,958,245	4,935,894	2,753,459	1,313,828	254,835
Operating Profit	19,559	-58,263	45,430	-3,065	-62,617	-94,619	31,859	37,883	11,409	-26,681	50,768	90,316	55,939	1,533
Interest Payable	3,817	3,108	2,437	2,575	3,614	4,466	6,470	8,613	4,642	7	7	0	0	0
Interest Receivable	1,605	81	2	1	12	8	2	0	1	1	15	57	69	27
Pre-Tax Profit	17,347	-61,290	42,995	-5,639	-66,220	-99,077	25,391	29,270	6,768	-26,687	50,776	90,373	56,008	1,560
Tax	-3,296	0	-8,169	0	0	0	-5,078	-5,854	-1,421	0	-12,186	-23,497	-15,682	-437
Profit After Tax	14,051	-61,290	34,826	-5,639	-66,220	-99,077	20,313	23,416	5,347	-26,687	38,590	66,876	40,326	1,123
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	14,051	-61,290	34,826	-5,639	-66,220	-99,077	20,313	23,416	5,347	-26,687	38,590	66,876	40,326	1,123
Employee Costs	2,400,429	141,385	138,960	3,275,357	111,688	111,609	87,366	158,571	4,552,574	5,092,604	4,232,213	2,454,797	846,659	190,711
Number Of Employees	80	5	5	120	4	4	3	5	159	200	165	92	32	7
EBITDA*	19,559	-58,263	45,430	-3,065	-62,617	-94,619	32,171	38,284	11,932	-26,349	51,000	90,434	55,939	1,533

* 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	Mar 2010
Tangible Assets	0	0	0	0	0	0	0	312	713	1,236	353	585	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	0	0	0	0	0	0	0	312	713	1,236	353	585	0	0
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	695,454	749,773	898,934	1,006,131	873,542	1,076,388	1,341,142	1,543,300	1,273,942	1,312,297	1,045,551	583,939	214,681	48,618
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	57,120	49,218	29,797	15,811	9,693	7,959	28,108	20,068	27,586	0	0	0	0	0
Cash	57,303	18,231	3,404	1,316	1,371	1,722	1,514	0	0	434	0	6,176	16,703	10,840
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	809,877	817,222	932,135	1,023,258	884,606	1,086,069	1,370,764	1,563,368	1,301,528	1,312,731	1,045,551	590,115	231,384	59,458
total assets	809,877	817,222	932,135	1,023,258	884,606	1,086,069	1,370,764	1,563,680	1,302,241	1,313,967	1,045,904	590,700	231,384	59,458
Bank overdraft	9,952	9,707	7,906	29,910	54,513	52,582	84,843	90,868	68,229	0	217	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	578,885	556,984	611,704	740,865	619,289	698,974	715,305	958,982	772,916	1,075,764	898,672	482,275	189,835	58,235
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	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	212,550	246,140	237,137	254,015	206,697	264,186	401,212	333,414	260,821	0	0	0	0	0
total current liabilities	801,387	812,831	856,747	1,024,790	880,499	1,015,742	1,201,360	1,383,264	1,101,966	1,075,764	898,889	482,275	189,835	58,235
loans	22,435	32,387	42,094	0	0	0	0	31,325	74,600	0	0	0	0	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	0	0	117,875	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	22,435	32,387	42,094	0	0	0	0	31,325	74,600	117,875	0	0	0	0
total liabilities	823,822	845,218	898,841	1,024,790	880,499	1,015,742	1,201,360	1,414,589	1,176,566	1,193,639	898,889	482,275	189,835	58,235
net assets	-13,945	-27,996	33,294	-1,532	4,107	70,327	169,404	149,091	125,675	120,328	147,015	108,425	41,549	1,223
total shareholders funds	-13,945	-27,996	33,294	-1,532	4,107	70,327	169,404	149,091	125,675	120,328	147,015	108,425	41,549	1,223

	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	Mar 2010	Aug 2009
Operating Activities
Operating Profit	19,559	-58,263	45,430	-3,065	-62,617	-94,619	31,859	37,883	11,409	-26,681	50,768	90,316	55,939	1,533	0
Depreciation	0	0	0	0	0	0	312	401	523	332	232	118	0	0	0
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-3,296	0	-8,169	0	0	0	-5,078	-5,854	-1,421	0	-12,186	-23,497	-15,682	-437	0
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	-46,417	-129,740	-93,211	138,707	-201,112	-284,903	-194,118	261,840	-10,769	266,746	461,612	369,258	166,063	48,618	0
Creditors	21,901	-54,720	-129,161	121,576	-79,685	-16,331	-243,677	186,066	-302,848	177,092	416,397	292,440	131,600	58,235	0
Accruals and Deferred Income	-33,590	9,003	-16,878	47,318	-57,489	-137,026	67,798	72,593	260,821	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	50,991	25,760	-15,567	27,122	1,321	36,927	45,332	29,249	-20,747	-116,003	-6,401	-9,881	5,794	10,713	0
Investing Activities
capital expenditure	0	0	0	0	0	0	0	0	0	-1,215	0	-703	0	0	0
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	0	0	0	0	0	0	0	0	-1,215	0	-703	0	0	0
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-9,952	-9,707	42,094	0	0	0	-31,325	-43,275	74,600	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	-117,875	117,875	0	0	0	0	0
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	100	0
interest	-2,212	-3,027	-2,435	-2,574	-3,602	-4,458	-6,468	-8,613	-4,641	-6	8	57	69	27	0
cash flow from financing	-12,164	-12,734	39,659	-2,574	-3,602	-4,458	-37,793	-51,888	-47,916	117,869	8	57	69	127	0
cash and cash equivalents
cash	39,072	14,827	2,088	-55	-351	208	1,514	0	-434	434	-6,176	-10,527	5,863	10,840	0
overdraft	245	1,801	-22,004	-24,603	1,931	-32,261	-6,025	22,639	68,229	-217	217	0	0	0	0
change in cash	38,827	13,026	24,092	24,548	-2,282	32,469	7,539	-22,639	-68,663	651	-6,393	-10,527	5,863	10,840	0

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for medicase limited. Get real-time insights into medicase limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for medicase limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

MEDICASE LIMITED group structure

Medicase Limited has no subsidiary companies.

Ultimate parent company

MEDICASE LIMITED

06678349

MEDICASE LIMITED Shareholders

joanna elizabeth longstaffe	34%
executors of admnistrators for the estate payne	34%
david putt hughes	32%

Medicase Limited currently has 2 directors. The longest serving directors include Dr Joanna Longstaffe (Mar 2010) and Dr David Hughes (Mar 2010).

officer	country	age	start	end	role
Dr Joanna Longstaffe	United Kingdom	59 years	Mar 2010	-	Director
Dr David Hughes		69 years	Mar 2010	-	Director

P&L

March 2023

turnover

5.9m

+46%

operating profit

19.6k

gross margin

35.6%

-6.72%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

-13.9k

-0.5%

total assets

809.9k

-0.01%

cash

57.3k

+2.14%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

access health care ltd

0.5

brian and stephanie gardner limited

4.5

inhealth cats limited

jsg medical limited

3.5

the practice surgeries limited

3.5

company number

06678349

Type

Private limited with Share Capital

industry

86210 - General medical practice activities

incorporation date

August 2008

age

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

address

radnor house greenwood close, cardiff gate business park, cardiff, south glamorgan, CF23 8AA

last accounts submitted

March 2023

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 1 charges/mortgages relating to medicase limited. Currently there are 1 open charges and 0 have been satisfied in the past.

medicase limited Company Information

medicase limited Estimated Valuation

medicase limited Estimated Valuation

medicase limited Estimated Valuation

Medicase Limited Overview

Medicase Limited Health Check

MEDICASE LIMITED financials

medicase limited Credit Report and Business Information

Medicase Limited Competitor Analysis

medicase limited Ownership

medicase limited directors

medicase limited company details

medicase limited Charges & Mortgages

medicase limited Companies House Filings - See Documents