royal docks medical ltd
royal docks medical ltd Company Information
Company Number
06767037
Registered Address
ramsay brown llp, the brentano suite, north finchley, london, N12 8QJ
Industry
General medical practice activities
Telephone
02075114466
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
carole ann gannon 50%
james alexander lawrie 50%
royal docks medical ltd Estimated Valuation
Pomanda estimates the enterprise value of ROYAL DOCKS MEDICAL LTD at £1.9m based on a Turnover of £5m and 0.38x industry multiple (adjusted for size and gross margin).
royal docks medical ltd Estimated Valuation
Pomanda estimates the enterprise value of ROYAL DOCKS MEDICAL LTD at £652.9k based on an EBITDA of £193.9k and a 3.37x industry multiple (adjusted for size and gross margin).
royal docks medical ltd Estimated Valuation
Pomanda estimates the enterprise value of ROYAL DOCKS MEDICAL LTD at £4.8m based on Net Assets of £1.7m and 2.83x industry multiple (adjusted for liquidity).
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Royal Docks Medical Ltd Overview
Royal Docks Medical Ltd is a live company located in north finchley, N12 8QJ with a Companies House number of 06767037. It operates in the general medical practice activities sector, SIC Code 86210. Founded in December 2008, it's largest shareholder is carole ann gannon with a 50% stake. Royal Docks Medical Ltd is a established, mid sized company, Pomanda has estimated its turnover at £5m with healthy growth in recent years.
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Royal Docks Medical Ltd Health Check
Pomanda's financial health check has awarded Royal Docks Medical Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £5m, make it larger than the average company (£1.9m)
- Royal Docks Medical Ltd
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (7%)
- Royal Docks Medical Ltd
7% - Industry AVG
Production
with a gross margin of 18.9%, this company has a higher cost of product (35.5%)
- Royal Docks Medical Ltd
35.5% - Industry AVG
Profitability
an operating margin of 3.8% make it as profitable than the average company (3.4%)
- Royal Docks Medical Ltd
3.4% - Industry AVG
Employees
with 39 employees, this is above the industry average (24)
- Royal Docks Medical Ltd
24 - Industry AVG
Pay Structure
on an average salary of £30k, the company has an equivalent pay structure (£30k)
- Royal Docks Medical Ltd
£30k - Industry AVG
Efficiency
resulting in sales per employee of £129.5k, this is more efficient (£74.8k)
- Royal Docks Medical Ltd
£74.8k - Industry AVG
Debtor Days
it gets paid by customers after 122 days, this is later than average (38 days)
- Royal Docks Medical Ltd
38 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (28 days)
- Royal Docks Medical Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Royal Docks Medical Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Royal Docks Medical Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.3%, this is a lower level of debt than the average (62.1%)
2.3% - Royal Docks Medical Ltd
62.1% - Industry AVG
ROYAL DOCKS MEDICAL LTD financials
Royal Docks Medical Ltd's latest turnover from March 2023 is estimated at £5 million and the company has net assets of £1.7 million. According to their latest financial statements, we estimate that Royal Docks Medical Ltd has 39 employees and maintains cash reserves of 0 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 | 124,995 | 108,384 | 79,545 | 9,920 | ||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 123,251 | 106,665 | 77,959 | 9,159 | ||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | ||||||||||
| Interest Receivable | 138 | 131 | 34 | 1 | ||||||||||
| Pre-Tax Profit | 123,389 | 106,796 | 77,993 | 9,160 | ||||||||||
| Tax | -24,700 | -21,293 | -16,379 | -1,924 | ||||||||||
| Profit After Tax | 98,689 | 85,503 | 61,614 | 7,236 | ||||||||||
| Dividends Paid | 100,000 | 0 | 0 | 0 | ||||||||||
| Retained Profit | -1,311 | 85,503 | 61,614 | 7,236 | ||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | ||||||||||||||
| EBITDA* | 123,360 | 106,774 | 77,959 | 9,159 |
* 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 | 30,809 | 30,845 | 192 | 256 | 0 | 0 | 0 | 16 | 251 | 486 | 220 | 329 | 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 | 1,000 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 30,809 | 30,845 | 192 | 256 | 0 | 0 | 0 | 16 | 251 | 1,486 | 220 | 329 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,690,859 | 1,549,129 | 1,345,599 | 1,181,965 | 935,784 | 758,457 | 620,279 | 235,065 | 1,000 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 1,000 | 1,000 | 1,000 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 275,468 | 379,568 | 286,780 | 179,098 | 176,869 | 86,756 | 9,848 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,690,859 | 1,549,129 | 1,345,599 | 1,181,965 | 935,784 | 758,457 | 620,279 | 510,533 | 380,568 | 286,780 | 180,098 | 177,869 | 87,756 | 10,848 |
| total assets | 1,721,668 | 1,579,974 | 1,345,791 | 1,182,221 | 935,784 | 758,457 | 620,279 | 510,549 | 380,819 | 288,266 | 180,318 | 178,198 | 87,756 | 10,848 |
| 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 | 39,099 | 54,434 | 42,135 | 54,380 | 40,059 | 33,483 | 28,076 | 32,279 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100 | 100 | 100 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25,311 | 28,062 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22,745 | 17,806 | 2,512 |
| total current liabilities | 39,099 | 54,434 | 42,135 | 54,380 | 40,059 | 33,483 | 28,076 | 32,279 | 25,311 | 28,062 | 0 | 22,845 | 17,906 | 2,612 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 1,737 | 1,650 | 1,620 | 1,650 | 1,620 | 0 | 0 | 0 | 26,276 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 1,737 | 1,650 | 1,620 | 1,650 | 1,620 | 0 | 0 | 0 | 26,276 | 0 | 0 | 0 |
| total liabilities | 39,099 | 54,434 | 43,872 | 56,030 | 41,679 | 35,133 | 29,696 | 32,279 | 25,311 | 28,062 | 26,276 | 22,845 | 17,906 | 2,612 |
| net assets | 1,682,569 | 1,525,540 | 1,301,919 | 1,126,191 | 894,105 | 723,324 | 590,583 | 478,270 | 355,508 | 260,204 | 154,042 | 155,353 | 69,850 | 8,236 |
| total shareholders funds | 1,682,569 | 1,525,540 | 1,301,919 | 1,126,191 | 894,105 | 723,324 | 590,583 | 478,270 | 355,508 | 260,204 | 154,042 | 155,353 | 69,850 | 8,236 |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 123,251 | 106,665 | 77,959 | 9,159 | ||||||||||
| Depreciation | 0 | 235 | 235 | 234 | 109 | 109 | 0 | 0 | ||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Tax | -24,700 | -21,293 | -16,379 | -1,924 | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 141,730 | 203,530 | 163,634 | 246,181 | 177,327 | 138,178 | 385,214 | 234,065 | 0 | 0 | 0 | 0 | 0 | 1,000 |
| Creditors | -15,335 | 12,299 | -12,245 | 14,321 | 6,576 | 5,407 | -4,203 | 32,279 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | -1,737 | 87 | 30 | -30 | 30 | 1,620 | 0 | 0 | -26,276 | 3,531 | 4,939 | 15,294 | 2,512 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 102,191 | 90,420 | 76,874 | 8,747 | ||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -100 | 0 | 0 | 100 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -25,311 | -2,751 | 28,062 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 138 | 131 | 34 | 1 | ||||||||||
| cash flow from financing | 38 | 131 | 34 | 1,101 | ||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -275,468 | -104,100 | 92,788 | 107,682 | 2,229 | 90,113 | 76,908 | 9,848 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -275,468 | -104,100 | 92,788 | 107,682 | 2,229 | 90,113 | 76,908 | 9,848 |
royal docks medical ltd Credit Report and Business Information
Royal Docks Medical Ltd Competitor Analysis
Perform a competitor analysis for royal docks medical ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
royal docks medical ltd Ownership
ROYAL DOCKS MEDICAL LTD group structure
Royal Docks Medical Ltd has no subsidiary companies.
Ultimate parent company
ROYAL DOCKS MEDICAL LTD
06767037
royal docks medical ltd directors
Royal Docks Medical Ltd currently has 2 directors. The longest serving directors include Dr James Lawrie (Dec 2008) and Ms Carole Gannon (Dec 2008).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr James Lawrie | 66 years | Dec 2008 | - | Director | |
| Ms Carole Gannon | United Kingdom | 65 years | Dec 2008 | - | Director |
P&L
March 2023turnover
5m
+15%
operating profit
193.9k
0%
gross margin
18.9%
-5.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.7m
+0.1%
total assets
1.7m
+0.09%
cash
0
0%
net assets
Total assets minus all liabilities
royal docks medical ltd company details
company number
06767037
Type
Private limited with Share Capital
industry
86210 - General medical practice activities
incorporation date
December 2008
age
16
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
ramsay brown llp, the brentano suite, north finchley, london, N12 8QJ
last accounts submitted
March 2023
royal docks medical ltd 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 royal docks medical ltd.
royal docks medical ltd Companies House Filings - See Documents
| date | description | view/download |
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