david gartry eye surgery ltd
david gartry eye surgery ltd Company Information
Company Number
07328536
Website
www.davidgartry.co.ukRegistered Address
7 lindum terrace, lincoln, lincolnshire, LN2 5RP
Industry
Specialist medical practice activities
Telephone
02074907222
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
david stanley gartry 51%
lily george gartry 49%
david gartry eye surgery ltd Estimated Valuation
Pomanda estimates the enterprise value of DAVID GARTRY EYE SURGERY LTD at £229.9k based on a Turnover of £575.5k and 0.4x industry multiple (adjusted for size and gross margin).
david gartry eye surgery ltd Estimated Valuation
Pomanda estimates the enterprise value of DAVID GARTRY EYE SURGERY LTD at £4.3m based on an EBITDA of £1.2m and a 3.56x industry multiple (adjusted for size and gross margin).
david gartry eye surgery ltd Estimated Valuation
Pomanda estimates the enterprise value of DAVID GARTRY EYE SURGERY LTD at £10.1m based on Net Assets of £5.2m and 1.95x industry multiple (adjusted for liquidity).
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David Gartry Eye Surgery Ltd Overview
David Gartry Eye Surgery Ltd is a live company located in lincolnshire, LN2 5RP with a Companies House number of 07328536. It operates in the specialists medical practice activities sector, SIC Code 86220. Founded in July 2010, it's largest shareholder is david stanley gartry with a 51% stake. David Gartry Eye Surgery Ltd is a established, small sized company, Pomanda has estimated its turnover at £575.5k with declining growth in recent years.
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David Gartry Eye Surgery Ltd Health Check
Pomanda's financial health check has awarded David Gartry Eye Surgery Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
2 Weak
Size
annual sales of £575.5k, make it larger than the average company (£373.8k)
- David Gartry Eye Surgery Ltd
£373.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (5.3%)
- David Gartry Eye Surgery Ltd
5.3% - Industry AVG
Production
with a gross margin of 55.4%, this company has a comparable cost of product (55.4%)
- David Gartry Eye Surgery Ltd
55.4% - Industry AVG
Profitability
an operating margin of 197.4% make it more profitable than the average company (13.5%)
- David Gartry Eye Surgery Ltd
13.5% - Industry AVG
Employees
with 7 employees, this is below the industry average (9)
7 - David Gartry Eye Surgery Ltd
9 - Industry AVG
Pay Structure
on an average salary of £29.2k, the company has an equivalent pay structure (£29.2k)
- David Gartry Eye Surgery Ltd
£29.2k - Industry AVG
Efficiency
resulting in sales per employee of £82.2k, this is equally as efficient (£72.6k)
- David Gartry Eye Surgery Ltd
£72.6k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is near the average (34 days)
- David Gartry Eye Surgery Ltd
34 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- David Gartry Eye Surgery Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- David Gartry Eye Surgery Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 883 weeks, this is more cash available to meet short term requirements (86 weeks)
883 weeks - David Gartry Eye Surgery Ltd
86 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.7%, this is a lower level of debt than the average (30.7%)
1.7% - David Gartry Eye Surgery Ltd
30.7% - Industry AVG
DAVID GARTRY EYE SURGERY LTD financials
David Gartry Eye Surgery Ltd's latest turnover from July 2023 is estimated at £575.5 thousand and the company has net assets of £5.2 million. According to their latest financial statements, David Gartry Eye Surgery Ltd has 7 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | |||||||||||||
| Interest Payable | |||||||||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | |||||||||||||
| Tax | |||||||||||||
| Profit After Tax | |||||||||||||
| Dividends Paid | |||||||||||||
| Retained Profit | |||||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 7 | 7 | 9 | 9 | 11 | 9 | 11 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,648,031 | 3,731,437 | 3,821,603 | 3,928,279 | 3,990,215 | 4,085,002 | 4,171,775 | 4,269,889 | 4,345,434 | 15,444 | 9,611 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 500,000 |
| Investments & Other | 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 |
| Total Fixed Assets | 3,648,031 | 3,731,437 | 3,821,603 | 3,928,279 | 3,990,215 | 4,085,002 | 4,171,775 | 4,269,889 | 4,345,434 | 15,444 | 9,611 | 0 | 500,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 60,470 | 26,629 | 60,348 | 270,718 | 513,155 | 544,810 | 478,962 | 453,057 | 398,003 | 100,835 | 131,054 | 1,149 | 668,352 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 16,028 | 0 | 73,095 | 75,926 | 42,218 | 30,521 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 1,526,339 | 1,738,114 | 1,151,108 | 333,193 | 757,198 | 816,782 | 1,674,289 | 2,331,571 | 2,071,363 | 3,037,563 | 2,720,820 | 1,495,834 | 752,494 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,602,837 | 1,764,743 | 1,284,551 | 679,837 | 1,312,571 | 1,392,113 | 2,153,251 | 2,784,629 | 2,469,366 | 3,138,398 | 2,851,874 | 1,496,983 | 1,420,846 |
| total assets | 5,250,868 | 5,496,180 | 5,106,154 | 4,608,116 | 5,302,786 | 5,477,115 | 6,325,026 | 7,054,518 | 6,814,800 | 3,153,842 | 2,861,485 | 1,496,983 | 1,920,846 |
| Bank overdraft | 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 |
| Trade Creditors | 0 | 1 | 29,501 | 29,464 | 1 | 7,919 | 1 | 0 | 395,361 | 6,613 | 646,748 | 664,069 | 1,601,764 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 89,792 | 308,743 | 628,576 | 124,181 | 298,934 | 292,864 | 353,785 | 322,894 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 89,792 | 308,744 | 658,077 | 153,645 | 298,935 | 300,783 | 353,786 | 322,894 | 395,361 | 6,613 | 646,748 | 664,069 | 1,601,764 |
| loans | 0 | 902,243 | 1,244,410 | 1,575,363 | 1,902,079 | 2,208,132 | 2,510,458 | 2,810,335 | 1,490,120 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,609,688 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 902,243 | 1,244,410 | 1,575,363 | 1,902,079 | 2,208,132 | 2,510,458 | 2,810,335 | 3,099,808 | 0 | 0 | 0 | 0 |
| total liabilities | 89,792 | 1,210,987 | 1,902,487 | 1,729,008 | 2,201,014 | 2,508,915 | 2,864,244 | 3,133,229 | 3,495,169 | 6,613 | 646,748 | 664,069 | 1,601,764 |
| net assets | 5,161,076 | 4,285,193 | 3,203,667 | 2,879,108 | 3,101,772 | 2,968,200 | 3,460,782 | 3,921,289 | 3,319,631 | 3,147,229 | 2,214,737 | 832,914 | 319,082 |
| total shareholders funds | 5,161,076 | 4,285,193 | 3,203,667 | 2,879,108 | 3,101,772 | 2,968,200 | 3,460,782 | 3,921,289 | 3,319,631 | 3,147,229 | 2,214,737 | 832,914 | 319,082 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 83,406 | 90,166 | 106,676 | 112,330 | 103,070 | 107,223 | 105,162 | 108,654 | 104,621 | 5,147 | 3,204 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 500,000 | 500,000 |
| Tax | |||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 49,869 | -106,814 | -213,201 | -208,729 | -19,958 | 96,369 | 25,905 | 55,054 | 297,168 | -30,219 | 129,905 | -667,203 | 668,352 |
| Creditors | -1 | -29,500 | 37 | 29,463 | -7,918 | 7,918 | 1 | -395,361 | 388,748 | -640,135 | -17,321 | -937,695 | 1,601,764 |
| Accruals and Deferred Income | -218,951 | -319,833 | 504,395 | -174,753 | 6,070 | -60,921 | 30,891 | 322,894 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 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 |
| Long term loans | -902,243 | -342,167 | -330,953 | -326,716 | -306,053 | -302,326 | -299,877 | 1,320,215 | 1,490,120 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,609,688 | 1,609,688 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | -211,775 | 587,006 | 817,915 | -424,005 | -59,584 | -857,507 | -657,282 | 260,208 | -966,200 | 316,743 | 1,224,986 | 743,340 | 752,494 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -211,775 | 587,006 | 817,915 | -424,005 | -59,584 | -857,507 | -657,282 | 260,208 | -966,200 | 316,743 | 1,224,986 | 743,340 | 752,494 |
david gartry eye surgery ltd Credit Report and Business Information
David Gartry Eye Surgery Ltd Competitor Analysis
Perform a competitor analysis for david gartry eye surgery ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
david gartry eye surgery ltd Ownership
DAVID GARTRY EYE SURGERY LTD group structure
David Gartry Eye Surgery Ltd has no subsidiary companies.
Ultimate parent company
DAVID GARTRY EYE SURGERY LTD
07328536
david gartry eye surgery ltd directors
David Gartry Eye Surgery Ltd currently has 2 directors. The longest serving directors include Mrs Lily Gartry (Jul 2010) and Professor David Gartry (Jul 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Lily Gartry | England | 69 years | Jul 2010 | - | Director |
| Professor David Gartry | England | 67 years | Jul 2010 | - | Director |
P&L
July 2023turnover
575.5k
+71%
operating profit
1.1m
0%
gross margin
55.4%
-4.92%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
5.2m
+0.2%
total assets
5.3m
-0.04%
cash
1.5m
-0.12%
net assets
Total assets minus all liabilities
Similar Companies
david gartry eye surgery ltd company details
company number
07328536
Type
Private limited with Share Capital
industry
86220 - Specialist medical practice activities
incorporation date
July 2010
age
14
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
7 lindum terrace, lincoln, lincolnshire, LN2 5RP
last accounts submitted
July 2023
david gartry eye surgery 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 found 2 charges/mortgages relating to david gartry eye surgery ltd. Currently there are 0 open charges and 2 have been satisfied in the past.
david gartry eye surgery ltd Companies House Filings - See Documents
| date | description | view/download |
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