dr hart neurology limited

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dr hart neurology limited Company Information

Share DR HART NEUROLOGY LIMITED

Company Number

07499318

Shareholders

jacqueline hart

paul edward hart

Group Structure

View All

Industry

General medical practice activities

 

Registered Address

7 - 9, the avenue, eastbourne, east sussex, BN21 3YA

Website

-

dr hart neurology limited Estimated Valuation

£970.6k

Pomanda estimates the enterprise value of DR HART NEUROLOGY LIMITED at £970.6k based on a Turnover of £1.6m and 0.59x industry multiple (adjusted for size and gross margin).

dr hart neurology limited Estimated Valuation

£867.3k

Pomanda estimates the enterprise value of DR HART NEUROLOGY LIMITED at £867.3k based on an EBITDA of £191k and a 4.54x industry multiple (adjusted for size and gross margin).

dr hart neurology limited Estimated Valuation

£2.1m

Pomanda estimates the enterprise value of DR HART NEUROLOGY LIMITED at £2.1m based on Net Assets of £749.5k and 2.75x industry multiple (adjusted for liquidity).

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Dr Hart Neurology Limited Overview

Dr Hart Neurology Limited is a live company located in eastbourne, BN21 3YA with a Companies House number of 07499318. It operates in the general medical practice activities sector, SIC Code 86210. Founded in January 2011, it's largest shareholder is jacqueline hart with a 75% stake. Dr Hart Neurology Limited is a established, small sized company, Pomanda has estimated its turnover at £1.6m with declining growth in recent years.

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Dr Hart Neurology Limited Health Check

Pomanda's financial health check has awarded Dr Hart Neurology Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £1.6m, make it in line with the average company (£1.9m)

£1.6m - Dr Hart Neurology Limited

£1.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (10.5%)

-12% - Dr Hart Neurology Limited

10.5% - Industry AVG

production

Production

with a gross margin of 39.1%, this company has a comparable cost of product (39.1%)

39.1% - Dr Hart Neurology Limited

39.1% - Industry AVG

profitability

Profitability

an operating margin of 11.4% make it more profitable than the average company (3.6%)

11.4% - Dr Hart Neurology Limited

3.6% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (24)

2 - Dr Hart Neurology Limited

24 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.5k, the company has an equivalent pay structure (£34.5k)

£34.5k - Dr Hart Neurology Limited

£34.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £817.5k, this is more efficient (£85.8k)

£817.5k - Dr Hart Neurology Limited

£85.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 68 days, this is later than average (31 days)

68 days - Dr Hart Neurology Limited

31 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 5 days, this is quicker than average (25 days)

5 days - Dr Hart Neurology Limited

25 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Dr Hart Neurology Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 40 weeks, this is average cash available to meet short term requirements (39 weeks)

40 weeks - Dr Hart Neurology Limited

39 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 19.6%, this is a lower level of debt than the average (56.4%)

19.6% - Dr Hart Neurology Limited

56.4% - Industry AVG

DR HART NEUROLOGY LIMITED financials

EXPORTms excel logo

Dr Hart Neurology Limited's latest turnover from March 2024 is estimated at £1.6 million and the company has net assets of £749.5 thousand. According to their latest financial statements, Dr Hart Neurology Limited has 2 employees and maintains cash reserves of £139.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Turnover1,634,970908,447274,9962,382,2091,879,8551,282,9381,075,6881,068,5571,451,549577,162600,543564,282604,318
Other Income Or Grants0000000000000
Cost Of Sales995,182537,548158,1161,389,2031,096,078739,554542,725504,078800,727333,906341,619279,793299,644
Gross Profit639,787370,899116,880993,006783,778543,385532,962564,479650,823243,256258,924284,489304,673
Admin Expenses452,998196,42427,642833,729670,431516,081530,294552,289693,032254,672391,433134,29138,410
Operating Profit186,789174,47589,238159,277113,34727,3042,66812,190-42,209-11,416-132,509150,198266,263
Interest Payable0000000000000
Interest Receivable7,4046,918688000004699511,2801,282484
Pre-Tax Profit194,193181,39389,926159,277113,34727,3042,66812,190-41,740-10,465-131,229151,480266,747
Tax-48,548-34,465-17,086-30,263-21,536-5,188-507-2,438000-36,355-69,354
Profit After Tax145,645146,92872,840129,01491,81122,1162,1619,752-41,740-10,465-131,229115,125197,393
Dividends Paid0000000000000
Retained Profit145,645146,92872,840129,01491,81122,1162,1619,752-41,740-10,465-131,229115,125197,393
Employee Costs68,90597,754126,642153,54396,24796,782129,466128,138570,854229,060229,744228,328266,324
Number Of Employees234533441889910
EBITDA*191,042177,42689,238159,277113,34727,3042,66812,190-42,209-7,669-132,057150,573266,275

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Tangible Assets13,67416,7435,5646,3988,53011,3759,28710,81313,90911,2391,3551,124108
Intangible Assets0000000000000
Investments & Other0000000000000
Debtors (Due After 1 year)0000000000000
Total Fixed Assets13,67416,7435,5646,3988,53011,3759,28710,81313,90911,2391,3551,124108
Stock & work in progress0000000000000
Trade Debtors309,021211,58743,224479,594350,098235,920212,547199,548178,24246,68251,60753,43261,701
Group Debtors0000000000000
Misc Debtors5,96092188385684800000000
Cash139,889142,167183,383000000187,588192,888319,135193,701
misc current assets463,777383,284330,615008287987797580000
total current assets918,647737,959558,105480,450350,946236,748213,345200,327179,000234,270244,495372,567255,402
total assets932,321754,702563,669486,848359,476248,123222,632211,140192,909245,509245,850373,691255,510
Bank overdraft0000000000000
Bank loan0000000000000
Trade Creditors 14,89517,0621,997102,910104,55285,01081,63572,30463,82574,58564,46161,07358,017
Group/Directors Accounts0000000000000
other short term finances0000000000000
hp & lease commitments0000000000000
other current liabilities166,594129,648103,8580000000000
total current liabilities181,489146,710105,855102,910104,55285,01081,63572,30463,82574,58564,46161,07358,017
loans0000000000000
hp & lease commitments0000000000000
Accruals and Deferred Income0000000000000
other liabilities0000000000000
provisions1,3814,1869360000000000
total long term liabilities1,3814,1869360000000000
total liabilities182,870150,896106,791102,910104,55285,01081,63572,30463,82574,58564,46161,07358,017
net assets749,451603,806456,878383,938254,924163,113140,997138,836129,084170,924181,389312,618197,493
total shareholders funds749,451603,806456,878383,938254,924163,113140,997138,836129,084170,924181,389312,618197,493
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Operating Activities
Operating Profit186,789174,47589,238159,277113,34727,3042,66812,190-42,209-11,416-132,509150,198266,263
Depreciation4,2532,95100000003,74745237512
Amortisation0000000000000
Tax-48,548-34,465-17,086-30,263-21,536-5,188-507-2,438000-36,355-69,354
Stock0000000000000
Debtors102,473168,401-436,343129,504115,02623,37312,99921,306131,560-4,925-1,825-8,26961,701
Creditors-2,16715,065-100,913-1,64219,5423,3759,3318,479-10,76010,1243,3883,05658,017
Accruals and Deferred Income36,94625,790103,8580000000000
Deferred Taxes & Provisions-2,8053,2509360000000000
Cash flow from operations71,99518,665512,376-2,132-3,6732,118-1,507-3,075-184,5297,380-126,844125,543193,237
Investing Activities
capital expenditure-1,184-14,1308342,1322,845-2,0881,5263,096-2,670-13,631-683-1,391-120
Change in Investments0000000000000
cash flow from investments-1,184-14,1308342,1322,845-2,0881,5263,096-2,670-13,631-683-1,391-120
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 issue0010000000-100000100
interest7,4046,918688000004699511,2801,282484
cash flow from financing7,4046,918788000003699511,2801,282584
cash and cash equivalents
cash-2,278-41,216183,38300000-187,588-5,300-126,247125,434193,701
overdraft0000000000000
change in cash-2,278-41,216183,38300000-187,588-5,300-126,247125,434193,701

dr hart neurology limited 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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Dr Hart Neurology Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for dr hart neurology limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in BN21 area or any other competitors across 12 key performance metrics.

dr hart neurology limited Ownership

DR HART NEUROLOGY LIMITED group structure

Dr Hart Neurology Limited has no subsidiary companies.

Ultimate parent company

DR HART NEUROLOGY LIMITED

07499318

DR HART NEUROLOGY LIMITED Shareholders

jacqueline hart 75%
paul edward hart 25%

dr hart neurology limited directors

Dr Hart Neurology Limited currently has 2 directors. The longest serving directors include Mrs Jacqueline Hart (Jan 2011) and Dr Paul Hart (Jan 2011).

officercountryagestartendrole
Mrs Jacqueline Hart57 years Jan 2011- Director
Dr Paul HartUnited Kingdom57 years Jan 2011- Director

P&L

March 2024

turnover

1.6m

+80%

operating profit

186.8k

0%

gross margin

39.2%

-4.15%

turnover

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

Balance Sheet

March 2024

net assets

749.5k

+0.24%

total assets

932.3k

+0.24%

cash

139.9k

-0.02%

net assets

Total assets minus all liabilities

dr hart neurology limited company details

company number

07499318

Type

Private limited with Share Capital

industry

86210 - General medical practice activities

incorporation date

January 2011

age

14

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

7 - 9, the avenue, eastbourne, east sussex, BN21 3YA

Bank

-

Legal Advisor

-

dr hart neurology 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 dr hart neurology limited.

dr hart neurology 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.

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dr hart neurology limited Companies House Filings - See Documents

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