better health mcr ltd

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better health mcr ltd Company Information

Share BETTER HEALTH MCR LTD
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EstablishedMidDeclining

Company Number

07382763

Registered Address

rusholme health centre, walmer street, manchester, M14 5NP

Industry

General medical practice activities

 

Telephone

01612256699

Next Accounts Due

December 2024

Group Structure

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Directors

Mohiuddin Miah13 Years

Victoria Tolliday13 Years

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Shareholders

better health mcr ltd 33.3%

scott brunt 16.7%

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better health mcr ltd Estimated Valuation

£3.2m

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

£2.1m

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

£633.9k

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

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £5.2m, make it larger than the average company (£2.1m)

£5.2m - Better Health Mcr Ltd

£2.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (7%)

-5% - Better Health Mcr Ltd

7% - Industry AVG

production

Production

with a gross margin of 35.6%, this company has a comparable cost of product (35.6%)

35.6% - Better Health Mcr Ltd

35.6% - Industry AVG

profitability

Profitability

an operating margin of 7.5% make it more profitable than the average company (3.7%)

7.5% - Better Health Mcr Ltd

3.7% - Industry AVG

employees

Employees

with 119 employees, this is above the industry average (24)

119 - Better Health Mcr Ltd

24 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.9k, the company has an equivalent pay structure (£29.9k)

£29.9k - Better Health Mcr Ltd

£29.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £43.7k, this is less efficient (£74.8k)

£43.7k - Better Health Mcr Ltd

£74.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 37 days, this is near the average (38 days)

37 days - Better Health Mcr Ltd

38 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 16 days, this is quicker than average (28 days)

16 days - Better Health Mcr Ltd

28 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 1 days, this is less than average (4 days)

1 days - Better Health Mcr Ltd

4 days - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Turnover5,204,6505,514,5775,030,3006,057,9564,759,4024,041,7413,169,0371,653,9801,906,6541,427,4672,084,9792,886,3110
Other Income Or Grants0000000000000
Cost Of Sales3,354,0663,436,3153,077,5733,676,7832,855,1492,258,7431,631,841925,5101,121,276819,3481,083,6861,454,8310
Gross Profit1,850,5842,078,2611,952,7272,381,1721,904,2531,782,9981,537,196728,470785,378608,1191,001,2941,431,4800
Admin Expenses1,458,9581,821,7471,566,6672,045,1181,646,7801,695,9491,402,840570,413719,697686,554867,089813,5050
Operating Profit391,626256,514386,060336,054257,47387,049134,356158,05765,681-78,435134,205617,9750
Interest Payable0000000000000
Interest Receivable97,38316,6761,7631,4278,5474,8092,1283,1282,4142,3232,1019350
Pre-Tax Profit489,010273,190387,823337,480266,02091,858136,484161,18568,095-76,112136,307618,9090
Tax-92,912-51,906-73,686-64,121-50,544-17,453-27,297-32,237-14,3000-32,714-160,9160
Profit After Tax396,098221,284314,137273,359215,47674,405109,187128,94853,795-76,112103,593457,9930
Dividends Paid0000000000000
Retained Profit396,098221,284314,137273,359215,47674,405109,187128,94853,795-76,112103,593457,9930
Employee Costs3,560,3543,476,5172,723,6062,401,9292,401,5262,371,6982,184,140634,283715,813534,723872,0921,227,3980
Number Of Employees119122988886857520252134460
EBITDA*405,047268,013394,330336,054266,92695,865141,960162,56670,632-73,898134,254618,0400

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Tangible Assets38,29834,49624,81023,39628,35826,45022,81213,52614,85413,6121471960
Intangible Assets0000000000000
Investments & Other0000000000000
Debtors (Due After 1 year)0000000000000
Total Fixed Assets38,29834,49624,81023,39628,35826,45022,81213,52614,85413,6121471960
Stock & work in progress15,2877,21518,81120,37516,33622,19310,6258,29711,1428,9079,9747,7180
Trade Debtors535,164573,512604,865622,872427,647328,043205,486178,920194,802137,049236,652323,2370
Group Debtors0000000000000
Misc Debtors6,6999,6021,6810000000000
Cash2,118,3262,464,4261,982,4761,543,4711,309,711969,500954,225748,360502,886462,569466,464373,9750
misc current assets0000000000000
total current assets2,675,4763,054,7552,607,8332,186,7181,753,6941,319,7361,170,336935,577708,830608,525713,090704,9300
total assets2,713,7743,089,2512,632,6432,210,1141,782,0521,346,1861,193,148949,103723,684622,137713,237705,1260
Bank overdraft0000000000000
Bank loan0000000000000
Trade Creditors 153,306356,712215,688799,778658,842472,638385,737245,681181,541133,936151,646247,1280
Group/Directors Accounts0000000000000
other short term finances0000000000000
hp & lease commitments0000000000000
other current liabilities278,724847,844760,69065,00750,24816,70825,44032,49500000
total current liabilities432,0301,204,556976,378864,785709,090489,346411,177278,176181,541133,936151,646247,1280
loans0000000000000
hp & lease commitments0000000000000
Accruals and Deferred Income00000002,7052,8690000
other liabilities0000000000000
provisions9,5758,6241,4784,6795,6725,0264,562002,722000
total long term liabilities9,5758,6241,4784,6795,6725,0264,5622,7052,8692,722000
total liabilities441,6051,213,180977,856869,464714,762494,372415,739280,881184,410136,658151,646247,1280
net assets2,272,1691,876,0711,654,7871,340,6501,067,290851,814777,409668,222539,274485,479561,591457,9980
total shareholders funds2,272,1691,876,0711,654,7871,340,6501,067,290851,814777,409668,222539,274485,479561,591457,9980
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Operating Activities
Operating Profit391,626256,514386,060336,054257,47387,049134,356158,05765,681-78,435134,205617,9750
Depreciation13,42111,4998,27009,4538,8167,6044,5094,9514,53749650
Amortisation0000000000000
Tax-92,912-51,906-73,686-64,121-50,544-17,453-27,297-32,237-14,3000-32,714-160,9160
Stock8,072-11,596-1,5644,039-5,85711,5682,328-2,8452,235-1,0672,2567,7180
Debtors-41,251-23,432-16,326195,22599,604122,55726,566-15,88257,753-99,603-86,585323,2370
Creditors-203,406141,024-584,090140,936186,20486,901140,05664,14047,605-17,710-95,482247,1280
Accruals and Deferred Income-569,12087,154695,68314,75933,540-8,732-9,76032,3312,8690000
Deferred Taxes & Provisions9517,146-3,201-9936464644,5620-2,7222,722000
Cash flow from operations-426,261486,459446,926227,371343,02522,920220,627245,52744,09611,78490,387373,2970
Investing Activities
capital expenditure-17,223-21,185-9,6844,962-11,361-12,454-16,890-3,181-6,193-18,0020-2610
Change in Investments0000000000000
cash flow from investments-17,223-21,185-9,6844,962-11,361-12,454-16,890-3,181-6,193-18,0020-2610
Financing Activities
Bank loans0000000000000
Group/Directors Accounts0000000000000
Other Short Term Loans 0000000000000
Long term loans0000000000000
Hire Purchase and Lease Commitments0000000000000
other long term liabilities0000000000000
share issue0001000000050
interest97,38316,6761,7631,4278,5474,8092,1283,1282,4142,3232,1019350
cash flow from financing97,38316,6761,7631,4288,5474,8092,1283,1282,4142,3232,1019400
cash and cash equivalents
cash-346,100481,950439,005233,760340,21115,275205,865245,47440,317-3,89592,489373,9750
overdraft0000000000000
change in cash-346,100481,950439,005233,760340,21115,275205,865245,47440,317-3,89592,489373,9750

better health mcr 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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Better Health Mcr Ltd Competitor Analysis

BETA
competitor_analysis_table_img

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 Shareholders

better health mcr ltd 33.33%
scott brunt 16.67%
rachel shelton 16.67%
victoria tolliday 16.67%
mohiuddin miah 16.67%

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).

officercountryagestartendrole
Dr Mohiuddin Miah47 years Feb 2011- Director
Ms Victoria Tolliday44 years Feb 2011- Director
Ms Rachel Shelton56 years Feb 2011- Director
Mr Scott BruntEngland52 years Feb 2011- Director

P&L

March 2023

turnover

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 2023

net 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

None

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.

charges

better health mcr ltd Companies House Filings - See Documents

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