better health mcr ltd Company Information
Company Number
07382763
Website
http://rdp.org.ukRegistered Address
rusholme health centre, walmer street, manchester, M14 5NP
Industry
General medical practice activities
Telephone
01612256699
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
better health mcr ltd 33.3%
scott brunt 16.7%
View Allbetter health mcr ltd Estimated Valuation
Pomanda estimates the enterprise value of BETTER HEALTH MCR LTD at £3.2m based on a Turnover of £5.2m and 0.62x industry multiple (adjusted for size and gross margin).
better health mcr ltd Estimated Valuation
Pomanda estimates the enterprise value of BETTER HEALTH MCR LTD at £2.1m based on an EBITDA of £405k and a 5.11x industry multiple (adjusted for size and gross margin).
better health mcr ltd Estimated Valuation
Pomanda estimates the enterprise value of BETTER HEALTH MCR LTD at £633.9k based on Net Assets of £2.3m and 0.28x industry multiple (adjusted for liquidity).
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Better Health Mcr Ltd Overview
Better Health Mcr Ltd is a live company located in manchester, M14 5NP with a Companies House number of 07382763. It operates in the general medical practice activities sector, SIC Code 86210. Founded in September 2010, it's largest shareholder is better health mcr ltd with a 33.3% stake. Better Health Mcr Ltd is a established, mid sized company, Pomanda has estimated its turnover at £5.2m with declining growth in recent years.
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Better Health Mcr Ltd Health Check
Pomanda's financial health check has awarded Better Health Mcr Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £5.2m, make it larger than the average company (£2.1m)
- Better Health Mcr Ltd
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (7%)
- Better Health Mcr Ltd
7% - Industry AVG
Production
with a gross margin of 35.6%, this company has a comparable cost of product (35.6%)
- Better Health Mcr Ltd
35.6% - Industry AVG
Profitability
an operating margin of 7.5% make it more profitable than the average company (3.7%)
- Better Health Mcr Ltd
3.7% - Industry AVG
Employees
with 119 employees, this is above the industry average (24)
119 - Better Health Mcr Ltd
24 - Industry AVG
Pay Structure
on an average salary of £29.9k, the company has an equivalent pay structure (£29.9k)
- Better Health Mcr Ltd
£29.9k - Industry AVG
Efficiency
resulting in sales per employee of £43.7k, this is less efficient (£74.8k)
- Better Health Mcr Ltd
£74.8k - Industry AVG
Debtor Days
it gets paid by customers after 37 days, this is near the average (38 days)
- Better Health Mcr Ltd
38 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (28 days)
- Better Health Mcr Ltd
28 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (4 days)
- Better Health Mcr Ltd
4 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 254 weeks, this is more cash available to meet short term requirements (41 weeks)
254 weeks - Better Health Mcr Ltd
41 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16.3%, this is a lower level of debt than the average (62.3%)
16.3% - Better Health Mcr Ltd
62.3% - Industry AVG
BETTER HEALTH MCR LTD financials
Better Health Mcr Ltd's latest turnover from March 2023 is estimated at £5.2 million and the company has net assets of £2.3 million. According to their latest financial statements, Better Health Mcr Ltd has 119 employees and maintains cash reserves of £2.1 million 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 119 | 122 | 98 | 88 | 86 | 85 | 75 | ||||||
EBITDA* |
* 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 38,298 | 34,496 | 24,810 | 23,396 | 28,358 | 26,450 | 22,812 | 13,526 | 14,854 | 13,612 | 147 | 196 | 0 |
Intangible Assets | 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 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 38,298 | 34,496 | 24,810 | 23,396 | 28,358 | 26,450 | 22,812 | 13,526 | 14,854 | 13,612 | 147 | 196 | 0 |
Stock & work in progress | 15,287 | 7,215 | 18,811 | 20,375 | 16,336 | 22,193 | 10,625 | 8,297 | 11,142 | 8,907 | 9,974 | 7,718 | 0 |
Trade Debtors | 535,164 | 573,512 | 604,865 | 622,872 | 427,647 | 328,043 | 205,486 | 178,920 | 194,802 | 137,049 | 236,652 | 323,237 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 6,699 | 9,602 | 1,681 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 2,118,326 | 2,464,426 | 1,982,476 | 1,543,471 | 1,309,711 | 969,500 | 954,225 | 748,360 | 502,886 | 462,569 | 466,464 | 373,975 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 2,675,476 | 3,054,755 | 2,607,833 | 2,186,718 | 1,753,694 | 1,319,736 | 1,170,336 | 935,577 | 708,830 | 608,525 | 713,090 | 704,930 | 0 |
total assets | 2,713,774 | 3,089,251 | 2,632,643 | 2,210,114 | 1,782,052 | 1,346,186 | 1,193,148 | 949,103 | 723,684 | 622,137 | 713,237 | 705,126 | 0 |
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 | 153,306 | 356,712 | 215,688 | 799,778 | 658,842 | 472,638 | 385,737 | 245,681 | 181,541 | 133,936 | 151,646 | 247,128 | 0 |
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 | 278,724 | 847,844 | 760,690 | 65,007 | 50,248 | 16,708 | 25,440 | 32,495 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 432,030 | 1,204,556 | 976,378 | 864,785 | 709,090 | 489,346 | 411,177 | 278,176 | 181,541 | 133,936 | 151,646 | 247,128 | 0 |
loans | 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 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,705 | 2,869 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 9,575 | 8,624 | 1,478 | 4,679 | 5,672 | 5,026 | 4,562 | 0 | 0 | 2,722 | 0 | 0 | 0 |
total long term liabilities | 9,575 | 8,624 | 1,478 | 4,679 | 5,672 | 5,026 | 4,562 | 2,705 | 2,869 | 2,722 | 0 | 0 | 0 |
total liabilities | 441,605 | 1,213,180 | 977,856 | 869,464 | 714,762 | 494,372 | 415,739 | 280,881 | 184,410 | 136,658 | 151,646 | 247,128 | 0 |
net assets | 2,272,169 | 1,876,071 | 1,654,787 | 1,340,650 | 1,067,290 | 851,814 | 777,409 | 668,222 | 539,274 | 485,479 | 561,591 | 457,998 | 0 |
total shareholders funds | 2,272,169 | 1,876,071 | 1,654,787 | 1,340,650 | 1,067,290 | 851,814 | 777,409 | 668,222 | 539,274 | 485,479 | 561,591 | 457,998 | 0 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||
Operating Profit | |||||||||||||
Depreciation | 13,421 | 11,499 | 8,270 | 9,453 | 8,816 | 7,604 | 4,509 | 4,951 | 4,537 | 49 | 65 | ||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Tax | |||||||||||||
Stock | 8,072 | -11,596 | -1,564 | 4,039 | -5,857 | 11,568 | 2,328 | -2,845 | 2,235 | -1,067 | 2,256 | 7,718 | 0 |
Debtors | -41,251 | -23,432 | -16,326 | 195,225 | 99,604 | 122,557 | 26,566 | -15,882 | 57,753 | -99,603 | -86,585 | 323,237 | 0 |
Creditors | -203,406 | 141,024 | -584,090 | 140,936 | 186,204 | 86,901 | 140,056 | 64,140 | 47,605 | -17,710 | -95,482 | 247,128 | 0 |
Accruals and Deferred Income | -569,120 | 87,154 | 695,683 | 14,759 | 33,540 | -8,732 | -9,760 | 32,331 | 2,869 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 951 | 7,146 | -3,201 | -993 | 646 | 464 | 4,562 | 0 | -2,722 | 2,722 | 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 | 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 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||
interest | |||||||||||||
cash flow from financing | |||||||||||||
cash and cash equivalents | |||||||||||||
cash | -346,100 | 481,950 | 439,005 | 233,760 | 340,211 | 15,275 | 205,865 | 245,474 | 40,317 | -3,895 | 92,489 | 373,975 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -346,100 | 481,950 | 439,005 | 233,760 | 340,211 | 15,275 | 205,865 | 245,474 | 40,317 | -3,895 | 92,489 | 373,975 | 0 |
better health mcr ltd Credit Report and Business Information
Better Health Mcr Ltd Competitor Analysis
Perform a competitor analysis for better health mcr ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other mid companies, companies in M14 area or any other competitors across 12 key performance metrics.
better health mcr ltd Ownership
BETTER HEALTH MCR LTD group structure
Better Health Mcr Ltd has no subsidiary companies.
Ultimate parent company
BETTER HEALTH MCR LTD
07382763
better health mcr ltd directors
Better Health Mcr Ltd currently has 4 directors. The longest serving directors include Dr Mohiuddin Miah (Feb 2011) and Ms Victoria Tolliday (Feb 2011).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Dr Mohiuddin Miah | 47 years | Feb 2011 | - | Director | |
Ms Victoria Tolliday | 44 years | Feb 2011 | - | Director | |
Ms Rachel Shelton | 56 years | Feb 2011 | - | Director | |
Mr Scott Brunt | England | 52 years | Feb 2011 | - | Director |
P&L
March 2023turnover
5.2m
-6%
operating profit
391.6k
0%
gross margin
35.6%
-5.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
2.3m
+0.21%
total assets
2.7m
-0.12%
cash
2.1m
-0.14%
net assets
Total assets minus all liabilities
better health mcr ltd company details
company number
07382763
Type
Private limited with Share Capital
industry
86210 - General medical practice activities
incorporation date
September 2010
age
14
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
the robert darbishire practice limited (January 2021)
the robert darbishire medical practice limited (February 2011)
last accounts submitted
March 2023
address
rusholme health centre, walmer street, manchester, M14 5NP
accountant
-
auditor
-
better health mcr 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 better health mcr ltd.
better health mcr ltd Companies House Filings - See Documents
date | description | view/download |
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