trustech smart healthcare ventures limited
trustech smart healthcare ventures limited Company Information
Company Number
07470916
Next Accounts
Sep 2025
Shareholders
douglas stellman
mark claydon
View AllGroup Structure
View All
Industry
General medical practice activities
Registered Address
worklife brown street, manchester, M2 1DH
trustech smart healthcare ventures limited Estimated Valuation
Pomanda estimates the enterprise value of TRUSTECH SMART HEALTHCARE VENTURES LIMITED at £104.2k based on a Turnover of £242.3k and 0.43x industry multiple (adjusted for size and gross margin).
trustech smart healthcare ventures limited Estimated Valuation
Pomanda estimates the enterprise value of TRUSTECH SMART HEALTHCARE VENTURES LIMITED at £0 based on an EBITDA of £-2.4k and a 3.19x industry multiple (adjusted for size and gross margin).
trustech smart healthcare ventures limited Estimated Valuation
Pomanda estimates the enterprise value of TRUSTECH SMART HEALTHCARE VENTURES LIMITED at £165.5k based on Net Assets of £65.9k and 2.51x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Trustech Smart Healthcare Ventures Limited Overview
Trustech Smart Healthcare Ventures Limited is a live company located in manchester, M2 1DH with a Companies House number of 07470916. It operates in the general medical practice activities sector, SIC Code 86210. Founded in December 2010, it's largest shareholder is douglas stellman with a 45.5% stake. Trustech Smart Healthcare Ventures Limited is a established, micro sized company, Pomanda has estimated its turnover at £242.3k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Trustech Smart Healthcare Ventures Limited Health Check
Pomanda's financial health check has awarded Trustech Smart Healthcare Ventures Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £242.3k, make it smaller than the average company (£1.5m)
- Trustech Smart Healthcare Ventures Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (8.4%)
- Trustech Smart Healthcare Ventures Limited
8.4% - Industry AVG
Production
with a gross margin of 24.7%, this company has a higher cost of product (47.6%)
- Trustech Smart Healthcare Ventures Limited
47.6% - Industry AVG
Profitability
an operating margin of -1% make it less profitable than the average company (5.6%)
- Trustech Smart Healthcare Ventures Limited
5.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (16)
2 - Trustech Smart Healthcare Ventures Limited
16 - Industry AVG
Pay Structure
on an average salary of £38.6k, the company has an equivalent pay structure (£38.6k)
- Trustech Smart Healthcare Ventures Limited
£38.6k - Industry AVG
Efficiency
resulting in sales per employee of £121.2k, this is more efficient (£93.4k)
- Trustech Smart Healthcare Ventures Limited
£93.4k - Industry AVG
Debtor Days
it gets paid by customers after 133 days, this is later than average (39 days)
- Trustech Smart Healthcare Ventures Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is slower than average (26 days)
- Trustech Smart Healthcare Ventures Limited
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Trustech Smart Healthcare Ventures Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Trustech Smart Healthcare Ventures Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.4%, this is a lower level of debt than the average (49.6%)
25.4% - Trustech Smart Healthcare Ventures Limited
49.6% - Industry AVG
TRUSTECH SMART HEALTHCARE VENTURES LIMITED financials
Trustech Smart Healthcare Ventures Limited's latest turnover from December 2023 is estimated at £242.3 thousand and the company has net assets of £65.9 thousand. According to their latest financial statements, Trustech Smart Healthcare Ventures Limited has 2 employees and maintains cash reserves of 0 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 3 | 8 | 13 | 17 | 15 | 12 | 9 | ||||
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3 | 103 | 815 | 1,763 | 13,635 | 32,438 | 50,986 | 70,105 | 87,219 | 1,876 | 335 | ||
| Intangible Assets | |||||||||||||
| Investments & Other | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | |||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | 3 | 103 | 815 | 1,763 | 13,635 | 32,441 | 50,989 | 70,108 | 87,222 | 1,879 | 338 | 3 | 2 |
| Stock & work in progress | |||||||||||||
| Trade Debtors | 88,346 | 100,635 | 95,311 | 93,540 | 449,663 | 226,257 | 17,680 | 240,000 | 101,837 | 32,990 | 3,607 | 14,286 | |
| Group Debtors | |||||||||||||
| Misc Debtors | 2,866 | 16,435 | 21,438 | 111,203 | 54,194 | 48,251 | |||||||
| Cash | 634,070 | 606,472 | 38,318 | 42,686 | 35,631 | 93,197 | 211,453 | 258,412 | |||||
| misc current assets | |||||||||||||
| total current assets | 88,346 | 100,635 | 95,311 | 96,406 | 466,098 | 881,765 | 735,355 | 332,512 | 90,937 | 137,468 | 126,187 | 215,060 | 272,698 |
| total assets | 88,349 | 100,738 | 96,126 | 98,169 | 479,733 | 914,206 | 786,344 | 402,620 | 178,159 | 139,347 | 126,525 | 215,063 | 272,700 |
| Bank overdraft | |||||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 22,442 | 32,433 | 37,056 | 38,455 | 250,939 | 33,157 | 66,337 | 445 | 16,241 | 3,095 | 2,321 | 41,870 | |
| Group/Directors Accounts | |||||||||||||
| other short term finances | |||||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 586,793 | 501,553 | 369,080 | 98,236 | |||||||||
| total current liabilities | 22,442 | 32,433 | 37,056 | 38,455 | 250,939 | 619,950 | 567,890 | 369,525 | 98,236 | 16,241 | 3,095 | 2,321 | 41,870 |
| loans | |||||||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | 217,008 | 217,008 | 217,008 | 217,008 | 217,008 | ||||||||
| provisions | 4,933 | 8,323 | 7,581 | ||||||||||
| total long term liabilities | 4,933 | 8,323 | 7,581 | 217,008 | 217,008 | 217,008 | 217,008 | 217,008 | |||||
| total liabilities | 22,442 | 32,433 | 37,056 | 38,455 | 250,939 | 624,883 | 576,213 | 377,106 | 315,244 | 233,249 | 220,103 | 219,329 | 258,878 |
| net assets | 65,907 | 68,305 | 59,070 | 59,714 | 228,794 | 289,323 | 210,131 | 25,514 | -137,085 | -93,902 | -93,578 | -4,266 | 13,822 |
| total shareholders funds | 65,907 | 68,305 | 59,070 | 59,714 | 228,794 | 289,323 | 210,131 | 25,514 | -137,085 | -93,902 | -93,578 | -4,266 | 13,822 |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 20,745 | 20,534 | 20,481 | 17,505 | 15,540 | 302 | 165 | ||||||
| Amortisation | |||||||||||||
| Tax | |||||||||||||
| Stock | |||||||||||||
| Debtors | -12,289 | 5,324 | -1,095 | -369,692 | 218,403 | 118,812 | -165,311 | 245,943 | -53,586 | 68,847 | 29,383 | -10,679 | 14,286 |
| Creditors | -9,991 | -4,623 | -1,399 | -212,484 | 217,782 | -33,180 | 65,892 | 445 | -16,241 | 13,146 | 774 | -39,549 | 41,870 |
| Accruals and Deferred Income | -586,793 | 85,240 | 132,473 | 270,844 | 98,236 | ||||||||
| Deferred Taxes & Provisions | -4,933 | -3,390 | 742 | 7,581 | |||||||||
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | -3 | 1 | 2 | ||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | |||||||||||||
| Other Short Term Loans | |||||||||||||
| Long term loans | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | -217,008 | 217,008 | |||||||||||
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | -634,070 | 27,598 | 568,154 | -4,368 | 7,055 | -57,566 | -118,256 | -46,959 | 258,412 | ||||
| overdraft | |||||||||||||
| change in cash | -634,070 | 27,598 | 568,154 | -4,368 | 7,055 | -57,566 | -118,256 | -46,959 | 258,412 |
trustech smart healthcare ventures limited Credit Report and Business Information
Trustech Smart Healthcare Ventures Limited Competitor Analysis
Perform a competitor analysis for trustech smart healthcare ventures limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in M 2 area or any other competitors across 12 key performance metrics.
trustech smart healthcare ventures limited Ownership
TRUSTECH SMART HEALTHCARE VENTURES LIMITED group structure
Trustech Smart Healthcare Ventures Limited has no subsidiary companies.
Ultimate parent company
TRUSTECH SMART HEALTHCARE VENTURES LIMITED
07470916
trustech smart healthcare ventures limited directors
Trustech Smart Healthcare Ventures Limited currently has 2 directors. The longest serving directors include Mr Mark Claydon (Jan 2019) and Mr Douglas Stellman (Aug 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Claydon | England | 51 years | Jan 2019 | - | Director |
| Mr Douglas Stellman | United Kingdom | 63 years | Aug 2021 | - | Director |
P&L
December 2023turnover
242.3k
-2%
operating profit
-2.4k
0%
gross margin
24.8%
+3.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
65.9k
-0.04%
total assets
88.3k
-0.12%
cash
0
0%
net assets
Total assets minus all liabilities
trustech smart healthcare ventures limited company details
company number
07470916
Type
Private limited with Share Capital
industry
86210 - General medical practice activities
incorporation date
December 2010
age
15
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
AZETS
auditor
-
address
worklife brown street, manchester, M2 1DH
Bank
-
Legal Advisor
-
trustech smart healthcare ventures 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 did not find charges/mortgages relating to trustech smart healthcare ventures limited.
trustech smart healthcare ventures limited 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.
Click to start generating capital raising & share issue transactions for TRUSTECH SMART HEALTHCARE VENTURES LIMITED. This can take several minutes, an email will notify you when this has completed.
trustech smart healthcare ventures limited Companies House Filings - See Documents
| date | description | view/download |
|---|
