patient plan direct limited Company Information
Company Number
06905458
Website
www.patientplandirect.comRegistered Address
glebe business park, lunts heath road, widnes, cheshire, WA8 5SQ
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
08448486888
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
ppd holdings limited 100%
patient plan direct limited Estimated Valuation
Pomanda estimates the enterprise value of PATIENT PLAN DIRECT LIMITED at £3m based on a Turnover of £2.1m and 1.42x industry multiple (adjusted for size and gross margin).
patient plan direct limited Estimated Valuation
Pomanda estimates the enterprise value of PATIENT PLAN DIRECT LIMITED at £637.2k based on an EBITDA of £111.5k and a 5.72x industry multiple (adjusted for size and gross margin).
patient plan direct limited Estimated Valuation
Pomanda estimates the enterprise value of PATIENT PLAN DIRECT LIMITED at £210.7k based on Net Assets of £105k and 2.01x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Patient Plan Direct Limited Overview
Patient Plan Direct Limited is a live company located in widnes, WA8 5SQ with a Companies House number of 06905458. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in May 2009, it's largest shareholder is ppd holdings limited with a 100% stake. Patient Plan Direct Limited is a established, small sized company, Pomanda has estimated its turnover at £2.1m with rapid growth in recent years.
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Patient Plan Direct Limited Health Check
Pomanda's financial health check has awarded Patient Plan Direct Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£5.5m)
- Patient Plan Direct Limited
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (4.9%)
- Patient Plan Direct Limited
4.9% - Industry AVG
Production
with a gross margin of 58.3%, this company has a comparable cost of product (58.3%)
- Patient Plan Direct Limited
58.3% - Industry AVG
Profitability
an operating margin of 1.9% make it less profitable than the average company (9.1%)
- Patient Plan Direct Limited
9.1% - Industry AVG
Employees
with 18 employees, this is similar to the industry average (16)
18 - Patient Plan Direct Limited
16 - Industry AVG
Pay Structure
on an average salary of £83.9k, the company has an equivalent pay structure (£83.9k)
- Patient Plan Direct Limited
£83.9k - Industry AVG
Efficiency
resulting in sales per employee of £115.7k, this is less efficient (£235.2k)
- Patient Plan Direct Limited
£235.2k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (30 days)
- Patient Plan Direct Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (34 days)
- Patient Plan Direct Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Patient Plan Direct Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 51 weeks, this is more cash available to meet short term requirements (36 weeks)
51 weeks - Patient Plan Direct Limited
36 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.8%, this is a higher level of debt than the average (58.4%)
81.8% - Patient Plan Direct Limited
58.4% - Industry AVG
PATIENT PLAN DIRECT LIMITED financials
Patient Plan Direct Limited's latest turnover from December 2023 is estimated at £2.1 million and the company has net assets of £105 thousand. According to their latest financial statements, Patient Plan Direct Limited has 18 employees and maintains cash reserves of £336.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 471,458 | 363,873 | 49,152 | 22,134 | ||||||||||
Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||||||
Cost Of Sales | 139,108 | 112,662 | 18,396 | 0 | ||||||||||
Gross Profit | 332,350 | 251,211 | 30,756 | 22,134 | ||||||||||
Admin Expenses | 242,471 | 162,008 | 179,764 | 206,149 | ||||||||||
Operating Profit | 89,879 | 89,203 | -149,008 | -184,015 | ||||||||||
Interest Payable | 8 | 0 | 0 | 1 | ||||||||||
Interest Receivable | 0 | 0 | 0 | 0 | ||||||||||
Pre-Tax Profit | 89,871 | 89,203 | -9,008 | -184,016 | ||||||||||
Tax | -21,471 | 40,261 | 0 | 0 | ||||||||||
Profit After Tax | 68,400 | 129,464 | -9,008 | -184,016 | ||||||||||
Dividends Paid | 0 | 0 | 0 | 0 | ||||||||||
Retained Profit | 68,400 | 129,464 | -9,008 | -184,016 | ||||||||||
Employee Costs | 89,377 | 118,000 | ||||||||||||
Number Of Employees | 18 | 13 | 9 | 7 | 7 | 7 | 6 | 4 | 2 | 5 | 6 | |||
EBITDA* | 90,986 | 90,287 | -146,706 | -180,583 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 30,711 | 20,042 | 28,097 | 29,659 | 40,310 | 5,842 | 4,731 | 4,226 | 4,337 | 4,682 | 5,653 | 7,066 | 9,209 | 13,727 |
Intangible Assets | 135,062 | 152,691 | 169,558 | 186,853 | 46,912 | 0 | 33,723 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 3,069 | 3,069 | 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 | 165,773 | 172,733 | 197,655 | 219,581 | 90,291 | 5,842 | 38,454 | 4,226 | 4,337 | 4,682 | 5,653 | 7,066 | 9,209 | 13,727 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 7,896 | 7,124 | 3,133 | 21,664 | 13,055 | 86,347 | 70,488 | 18,957 | 8,562 | 5,141 | 2,778 | 650 | 1,130 | 500 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 64,983 | 38,381 | 28,449 | 23,035 | 19,668 | 34,784 | 7,783 | 20,965 | 41,981 | 0 | 0 | 0 | 0 | 0 |
Cash | 336,774 | 191,727 | 146,249 | 62,757 | 73,898 | 139,258 | 20,121 | 28,005 | 7,816 | 11,264 | 34,530 | 21,174 | 9,566 | 748 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 409,653 | 237,232 | 177,831 | 107,456 | 106,621 | 260,389 | 98,392 | 67,927 | 58,359 | 16,405 | 37,308 | 21,824 | 10,696 | 1,248 |
total assets | 575,426 | 409,965 | 375,486 | 327,037 | 196,912 | 266,231 | 136,846 | 72,153 | 62,696 | 21,087 | 42,961 | 28,890 | 19,905 | 14,975 |
Bank overdraft | 0 | 0 | 0 | 0 | 19,792 | 0 | 0 | 0 | 4,926 | 0 | 0 | 0 | 0 | 2,822 |
Bank loan | 9,825 | 9,648 | 10,648 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 49,989 | 37,147 | 31,525 | 15,921 | 39,260 | 16,841 | 9,691 | 9,715 | 227 | 181,854 | 258,117 | 250,057 | 51,662 | 12,991 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 71,087 | 0 | 0 | 0 | 147,264 | 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 | 279,055 | 252,894 | 139,124 | 221,258 | 69,561 | 106,256 | 46,128 | 25,341 | 17,759 | 0 | 0 | 0 | 9,003 | 178,178 |
total current liabilities | 338,869 | 299,689 | 181,297 | 237,179 | 128,613 | 123,097 | 55,819 | 35,056 | 93,999 | 181,854 | 258,117 | 250,057 | 207,929 | 193,991 |
loans | 15,085 | 25,145 | 33,140 | 50,000 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 100,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 16,470 | 17,794 | 24,595 | 0 | 0 | 993 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 131,555 | 42,939 | 57,735 | 50,000 | 0 | 993 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 470,424 | 342,628 | 239,032 | 287,179 | 128,613 | 124,090 | 55,819 | 35,056 | 93,999 | 181,854 | 258,117 | 250,057 | 207,929 | 193,991 |
net assets | 105,002 | 67,337 | 136,454 | 39,858 | 68,299 | 142,141 | 81,027 | 37,097 | -31,303 | -160,767 | -215,156 | -221,167 | -188,024 | -179,016 |
total shareholders funds | 105,002 | 67,337 | 136,454 | 39,858 | 68,299 | 142,141 | 81,027 | 37,097 | -31,303 | -160,767 | -215,156 | -221,167 | -188,024 | -179,016 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 89,879 | 89,203 | -149,008 | -184,015 | ||||||||||
Depreciation | 7,370 | 14,884 | 13,582 | 12,284 | 12,807 | 1,632 | 1,276 | 1,107 | 1,084 | 1,131 | 1,413 | 1,766 | 2,302 | 3,432 |
Amortisation | 63,790 | 57,001 | 48,795 | 30,516 | 11,728 | 11,970 | 8,433 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -21,471 | 40,261 | 0 | 0 | ||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 27,374 | 13,923 | -13,117 | 11,976 | -88,408 | 42,860 | 38,349 | -10,621 | 45,402 | 2,363 | 2,128 | -480 | 630 | 500 |
Creditors | 12,842 | 5,622 | 15,604 | -23,339 | 22,419 | 7,150 | -24 | 9,488 | -181,627 | -76,263 | 8,060 | 198,395 | 38,671 | 12,991 |
Accruals and Deferred Income | 26,161 | 113,770 | -82,134 | 151,697 | -36,695 | 60,128 | 20,787 | 7,582 | 17,759 | 0 | 0 | -9,003 | -169,175 | 178,178 |
Deferred Taxes & Provisions | -1,324 | -6,801 | 24,595 | 0 | -993 | 993 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 97,206 | -78,722 | -277,840 | 10,086 | ||||||||||
Investing Activities | ||||||||||||||
capital expenditure | 2,770 | -17,159 | ||||||||||||
Change in Investments | 0 | 0 | -3,069 | 0 | 3,069 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | 2,770 | -17,159 | ||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 177 | -1,000 | 10,648 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -71,087 | 71,087 | 0 | 0 | -147,264 | 147,264 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -10,060 | -7,995 | -16,860 | 50,000 | 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 | 100,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | -8 | 0 | 0 | -1 | ||||||||||
cash flow from financing | -71,095 | 71,087 | 147,264 | 4,999 | ||||||||||
cash and cash equivalents | ||||||||||||||
cash | 145,047 | 45,478 | 83,492 | -11,141 | -65,360 | 119,137 | -7,884 | 20,189 | -3,448 | -23,266 | 13,356 | 11,608 | 8,818 | 748 |
overdraft | 0 | 0 | 0 | -19,792 | 19,792 | 0 | 0 | -4,926 | 4,926 | 0 | 0 | 0 | -2,822 | 2,822 |
change in cash | 145,047 | 45,478 | 83,492 | 8,651 | -85,152 | 119,137 | -7,884 | 25,115 | -8,374 | -23,266 | 13,356 | 11,608 | 11,640 | -2,074 |
patient plan direct limited Credit Report and Business Information
Patient Plan Direct Limited Competitor Analysis
Perform a competitor analysis for patient plan direct limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in WA8 area or any other competitors across 12 key performance metrics.
patient plan direct limited Ownership
PATIENT PLAN DIRECT LIMITED group structure
Patient Plan Direct Limited has no subsidiary companies.
patient plan direct limited directors
Patient Plan Direct Limited currently has 3 directors. The longest serving directors include Mr Conrad Broadbent (Jun 2009) and Ms Jeanette Woodall (Jul 2010).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Conrad Broadbent | United Kingdom | 62 years | Jun 2009 | - | Director |
Ms Jeanette Woodall | United Kingdom | 59 years | Jul 2010 | - | Director |
Mr Simon Reynolds | United Kingdom | 37 years | Dec 2021 | - | Director |
P&L
December 2023turnover
2.1m
+44%
operating profit
40.3k
0%
gross margin
58.4%
-5.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
105k
+0.56%
total assets
575.4k
+0.4%
cash
336.8k
+0.76%
net assets
Total assets minus all liabilities
patient plan direct limited company details
company number
06905458
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
May 2009
age
15
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
glebe business park, lunts heath road, widnes, cheshire, WA8 5SQ
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
patient plan direct 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 1 charges/mortgages relating to patient plan direct limited. Currently there are 1 open charges and 0 have been satisfied in the past.
patient plan direct limited Companies House Filings - See Documents
date | description | view/download |
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