midlands private neurophysiology ltd

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midlands private neurophysiology ltd Company Information

Share MIDLANDS PRIVATE NEUROPHYSIOLOGY LTD

Company Number

07181095

Shareholders

noushad shereef mytheen

mini noushad

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Group Structure

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Industry

Specialist medical practice activities

 

Registered Address

9 courtney place, bowdon, altrincham, WA14 3QT

Website

-

midlands private neurophysiology ltd Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of MIDLANDS PRIVATE NEUROPHYSIOLOGY LTD at £1.7m based on a Turnover of £3.8m and 0.43x industry multiple (adjusted for size and gross margin).

midlands private neurophysiology ltd Estimated Valuation

£1m

Pomanda estimates the enterprise value of MIDLANDS PRIVATE NEUROPHYSIOLOGY LTD at £1m based on an EBITDA of £347.1k and a 2.98x industry multiple (adjusted for size and gross margin).

midlands private neurophysiology ltd Estimated Valuation

£4.4m

Pomanda estimates the enterprise value of MIDLANDS PRIVATE NEUROPHYSIOLOGY LTD at £4.4m based on Net Assets of £2m and 2.24x industry multiple (adjusted for liquidity).

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Midlands Private Neurophysiology Ltd Overview

Midlands Private Neurophysiology Ltd is a live company located in altrincham, WA14 3QT with a Companies House number of 07181095. It operates in the specialists medical practice activities sector, SIC Code 86220. Founded in March 2010, it's largest shareholder is noushad shereef mytheen with a 40% stake. Midlands Private Neurophysiology Ltd is a established, small sized company, Pomanda has estimated its turnover at £3.8m with high growth in recent years.

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Midlands Private Neurophysiology Ltd Health Check

Pomanda's financial health check has awarded Midlands Private Neurophysiology Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £3.8m, make it larger than the average company (£501.5k)

£3.8m - Midlands Private Neurophysiology Ltd

£501.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (7.6%)

25% - Midlands Private Neurophysiology Ltd

7.6% - Industry AVG

production

Production

with a gross margin of 30.1%, this company has a higher cost of product (53.3%)

30.1% - Midlands Private Neurophysiology Ltd

53.3% - Industry AVG

profitability

Profitability

an operating margin of 9.2% make it less profitable than the average company (15%)

9.2% - Midlands Private Neurophysiology Ltd

15% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (13)

2 - Midlands Private Neurophysiology Ltd

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.5k, the company has an equivalent pay structure (£30.5k)

£30.5k - Midlands Private Neurophysiology Ltd

£30.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.9m, this is more efficient (£72.6k)

£1.9m - Midlands Private Neurophysiology Ltd

£72.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 165 days, this is later than average (35 days)

165 days - Midlands Private Neurophysiology Ltd

35 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 64 days, this is slower than average (34 days)

64 days - Midlands Private Neurophysiology Ltd

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Midlands Private Neurophysiology Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Midlands Private Neurophysiology Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 20.9%, this is a lower level of debt than the average (28.1%)

20.9% - Midlands Private Neurophysiology Ltd

28.1% - Industry AVG

MIDLANDS PRIVATE NEUROPHYSIOLOGY LTD financials

EXPORTms excel logo

Midlands Private Neurophysiology Ltd's latest turnover from March 2024 is estimated at £3.8 million and the company has net assets of £2 million. According to their latest financial statements, Midlands Private Neurophysiology Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Turnover3,794,6342,959,3622,007,8901,934,9631,810,4401,148,9951,924,4751,769,741194,618163,467109,98761,64553,07242,728
Other Income Or Grants
Cost Of Sales2,654,1222,037,9101,288,6411,294,5431,132,181707,0141,110,710972,473114,27686,71558,79528,55726,47422,704
Gross Profit1,140,512921,452719,250640,419678,259441,981813,765797,26980,34276,75251,19233,08726,59720,025
Admin Expenses793,452678,489402,785502,717449,305269,761683,359585,249-72,415-51,838-43,435-66,543-92,692-68,302
Operating Profit347,060242,963316,465137,702228,954172,220130,406212,020152,757128,59094,62799,630119,28988,327
Interest Payable
Interest Receivable3121,9232,2671,7271,278775256
Pre-Tax Profit347,060242,963316,465137,702228,954172,220130,406212,333154,680130,85796,355100,908120,06488,583
Tax-86,765-46,163-60,128-26,163-43,501-32,722-24,777-42,466-30,936-27,480-22,162-24,218-31,217-24,803
Profit After Tax260,295196,800256,337111,539185,453139,498105,629169,866123,744103,37774,19376,69088,84763,780
Dividends Paid
Retained Profit260,295196,800256,337111,539185,453139,498105,629169,866123,744103,37774,19376,69088,84763,780
Employee Costs60,92358,90253,94652,40051,53252,933368,379375,08759,24459,77629,85228,54626,61924,234
Number Of Employees2222221514221111
EBITDA*347,060242,963316,465137,702228,954172,220130,406212,020152,757128,59094,91899,920119,57888,327

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Tangible Assets751,164696,074696,074671,574671,574671,574491,264491,264291581
Intangible Assets
Investments & Other491,264
Debtors (Due After 1 year)
Total Fixed Assets751,164696,074696,074671,574671,574671,574491,264491,264491,264291581
Stock & work in progress
Trade Debtors1,721,8381,345,2951,090,197995,196817,553606,760565,692450,408
Group Debtors
Misc Debtors
Cash249,655519,563387,333303,607207,439102,551
misc current assets929,22725,635
total current assets1,721,8381,345,2951,090,197995,196817,553606,760565,692450,408249,664548,790412,968303,607207,439102,551
total assets2,473,0022,041,3691,786,2711,666,7701,489,1271,278,3341,056,956941,672740,928548,790412,968303,898208,020102,551
Bank overdraft
Bank loan
Trade Creditors 471,802345,616287,318424,154358,050332,710250,830241,175200,297131,90399,45864,58145,39328,771
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities471,802345,616287,318424,154358,050332,710250,830241,175200,297131,90399,45864,58145,39328,771
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities45,152
provisions
total long term liabilities45,152
total liabilities516,954345,616287,318424,154358,050332,710250,830241,175200,297131,90399,45864,58145,39328,771
net assets1,956,0481,695,7531,498,9531,242,6161,131,077945,624806,126700,497540,631416,887313,510239,317162,62773,780
total shareholders funds1,956,0481,695,7531,498,9531,242,6161,131,077945,624806,126700,497540,631416,887313,510239,317162,62773,780
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Operating Activities
Operating Profit347,060242,963316,465137,702228,954172,220130,406212,020152,757128,59094,62799,630119,28988,327
Depreciation291290289
Amortisation
Tax-86,765-46,163-60,128-26,163-43,501-32,722-24,777-42,466-30,936-27,480-22,162-24,218-31,217-24,803
Stock
Debtors376,543255,09895,001177,643210,79341,068115,284450,408
Creditors126,18658,298-136,83666,10425,34081,8809,65540,87868,39432,44534,87719,18816,62228,771
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations9,93824,500180,310-239,976190,215133,555107,63394,890104,98392,295
Investing Activities
capital expenditure-55,090-24,500-180,310-491,264-870
Change in Investments-491,264491,264
cash flow from investments-55,090-24,500-180,310-491,264-870
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities45,152
share issue-10,00010,000
interest3121,9232,2671,7271,278775256
cash flow from financing45,152-9,6881,9232,2671,7271,27877510,256
cash and cash equivalents
cash-249,655-269,908132,23083,72696,168104,888102,551
overdraft
change in cash-249,655-269,908132,23083,72696,168104,888102,551

midlands private neurophysiology ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Midlands Private Neurophysiology Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for midlands private neurophysiology ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in WA14 area or any other competitors across 12 key performance metrics.

midlands private neurophysiology ltd Ownership

MIDLANDS PRIVATE NEUROPHYSIOLOGY LTD group structure

Midlands Private Neurophysiology Ltd has no subsidiary companies.

Ultimate parent company

MIDLANDS PRIVATE NEUROPHYSIOLOGY LTD

07181095

MIDLANDS PRIVATE NEUROPHYSIOLOGY LTD Shareholders

noushad shereef mytheen 40%
mini noushad 35%
jansher shereef 15%
hannah shereef 10%

midlands private neurophysiology ltd directors

Midlands Private Neurophysiology Ltd currently has 2 directors. The longest serving directors include Mr Noushad Mytheen (Mar 2010) and Mrs Mini Noushad (Mar 2022).

officercountryagestartendrole
Mr Noushad MytheenEngland62 years Mar 2010- Director
Mrs Mini NoushadEngland57 years Mar 2022- Director

P&L

March 2024

turnover

3.8m

+28%

operating profit

347.1k

0%

gross margin

30.1%

-3.47%

turnover

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

Balance Sheet

March 2024

net assets

2m

+0.15%

total assets

2.5m

+0.21%

cash

0

0%

net assets

Total assets minus all liabilities

midlands private neurophysiology ltd company details

company number

07181095

Type

Private limited with Share Capital

industry

86220 - Specialist medical practice activities

incorporation date

March 2010

age

15

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

J W SCRIVENS & CO LIMITED

auditor

-

address

9 courtney place, bowdon, altrincham, WA14 3QT

Bank

-

Legal Advisor

-

midlands private neurophysiology 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 midlands private neurophysiology ltd.

midlands private neurophysiology ltd 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.

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midlands private neurophysiology ltd Companies House Filings - See Documents

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