altera healthcare (it) uk ltd
altera healthcare (it) uk ltd Company Information
Company Number
07584643
Website
www.allscripts.comRegistered Address
31 temple street, 31 temple street,, birmingham, B2 5DB
Industry
Wholesale of computers, computer peripheral equipment and software
Telephone
01612334999
Next Accounts Due
6 days late
Group Structure
View All
Shareholders
altera healthcare international holdings llc 100%
altera healthcare (it) uk ltd Estimated Valuation
Pomanda estimates the enterprise value of ALTERA HEALTHCARE (IT) UK LTD at £12.6m based on a Turnover of £15.2m and 0.83x industry multiple (adjusted for size and gross margin).
altera healthcare (it) uk ltd Estimated Valuation
Pomanda estimates the enterprise value of ALTERA HEALTHCARE (IT) UK LTD at £6.5m based on an EBITDA of £649k and a 10.05x industry multiple (adjusted for size and gross margin).
altera healthcare (it) uk ltd Estimated Valuation
Pomanda estimates the enterprise value of ALTERA HEALTHCARE (IT) UK LTD at £0 based on Net Assets of £-18.7m and 2.01x industry multiple (adjusted for liquidity).
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Altera Healthcare (it) Uk Ltd Overview
Altera Healthcare (it) Uk Ltd is a live company located in birmingham, B2 5DB with a Companies House number of 07584643. It operates in the wholesale of computers, computer peripheral equipment and software sector, SIC Code 46510. Founded in March 2011, it's largest shareholder is altera healthcare international holdings llc with a 100% stake. Altera Healthcare (it) Uk Ltd is a established, mid sized company, Pomanda has estimated its turnover at £15.2m with declining growth in recent years.
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Altera Healthcare (it) Uk Ltd Health Check
Pomanda's financial health check has awarded Altera Healthcare (It) Uk Ltd 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
2 Regular
6 Weak
Size
annual sales of £15.2m, make it in line with the average company (£17.7m)
£15.2m - Altera Healthcare (it) Uk Ltd
£17.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (5%)
-5% - Altera Healthcare (it) Uk Ltd
5% - Industry AVG
Production
with a gross margin of 53.7%, this company has a lower cost of product (19.5%)
53.7% - Altera Healthcare (it) Uk Ltd
19.5% - Industry AVG
Profitability
an operating margin of 4.1% make it as profitable than the average company (3.6%)
4.1% - Altera Healthcare (it) Uk Ltd
3.6% - Industry AVG
Employees
with 66 employees, this is above the industry average (42)
66 - Altera Healthcare (it) Uk Ltd
42 - Industry AVG
Pay Structure
on an average salary of £129k, the company has a higher pay structure (£59.2k)
£129k - Altera Healthcare (it) Uk Ltd
£59.2k - Industry AVG
Efficiency
resulting in sales per employee of £231k, this is less efficient (£567.6k)
£231k - Altera Healthcare (it) Uk Ltd
£567.6k - Industry AVG
Debtor Days
it gets paid by customers after 93 days, this is later than average (52 days)
93 days - Altera Healthcare (it) Uk Ltd
52 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is quicker than average (34 days)
30 days - Altera Healthcare (it) Uk Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Altera Healthcare (it) Uk Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 20 weeks, this is more cash available to meet short term requirements (13 weeks)
20 weeks - Altera Healthcare (it) Uk Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 210.3%, this is a higher level of debt than the average (66.5%)
210.3% - Altera Healthcare (it) Uk Ltd
66.5% - Industry AVG
ALTERA HEALTHCARE (IT) UK LTD financials
Altera Healthcare (It) Uk Ltd's latest turnover from December 2022 is £15.2 million and the company has net assets of -£18.7 million. According to their latest financial statements, Altera Healthcare (It) Uk Ltd has 66 employees and maintains cash reserves of £9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Aug 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 15,248,000 | 14,596,000 | 14,344,000 | 17,612,000 | 14,964,000 | 14,370,000 | 9,367,000 | 3,875,000 | 3,765,000 | 4,894,000 | 1,830,698 | 3,871,221 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 7,060,000 | 5,597,000 | 6,746,000 | 8,220,000 | 8,637,000 | 9,679,000 | 5,378,000 | 1,995,000 | 1,817,000 | 2,748,000 | 887,895 | 2,309,466 |
| Gross Profit | 8,188,000 | 8,999,000 | 7,598,000 | 9,392,000 | 6,327,000 | 4,691,000 | 3,989,000 | 1,880,000 | 1,948,000 | 2,146,000 | 942,803 | 1,561,755 |
| Admin Expenses | 7,569,000 | 6,965,000 | 7,760,000 | 8,483,000 | 17,427,000 | 9,959,000 | 7,448,000 | 3,381,000 | 2,169,000 | 1,321,000 | ||
| Operating Profit | 619,000 | 2,034,000 | -162,000 | 909,000 | -11,100,000 | -5,268,000 | -3,459,000 | -1,501,000 | -221,000 | 825,000 | ||
| Interest Payable | 594,000 | 813,000 | 895,000 | 1,053,000 | 748,000 | 285,000 | 73,000 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 22,000 | 24,000 | 55,000 | 117,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 47,000 | 1,245,000 | -1,002,000 | -27,000 | -11,848,000 | -5,553,000 | -11,811,000 | -1,501,000 | -221,000 | 825,000 | 779,474 | 1,075,136 |
| Tax | -228,000 | 228,000 | 0 | 0 | 0 | 0 | -290,000 | 240,000 | 31,000 | -188,000 | -183,900 | -274,539 |
| Profit After Tax | -181,000 | 1,473,000 | -1,002,000 | -27,000 | -11,848,000 | -5,553,000 | -12,101,000 | -1,261,000 | -190,000 | 637,000 | 595,574 | 800,597 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -181,000 | 1,473,000 | -1,002,000 | -27,000 | -11,848,000 | -5,553,000 | -12,101,000 | -1,261,000 | -190,000 | 637,000 | 595,574 | 800,597 |
| Employee Costs | 8,511,000 | 7,969,000 | 9,070,000 | 8,528,000 | 9,158,000 | 10,099,000 | 4,426,000 | 2,583,000 | 1,831,000 | 1,618,000 | 405,170 | 337,144 |
| Number Of Employees | 66 | 77 | 91 | 105 | 109 | 107 | 39 | 26 | 23 | 17 | 13 | 4 |
| EBITDA* | 649,000 | 2,122,000 | -98,000 | 998,000 | -10,102,000 | -5,084,000 | -3,363,000 | -1,410,000 | -147,000 | 825,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Aug 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 50,000 | 70,000 | 64,000 | 94,000 | 188,000 | 349,000 | 371,000 | 290,000 | 353,000 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 53,000 | 8,000 | 27,000 | 7,527,000 | 8,288,000 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 3,792,000 | 12,013,000 | 12,013,000 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 3,092,000 | 4,070,000 | 6,042,000 | 1,276,000 | 16,000 | 16,000 | 29,000 | 320,000 | 30,000 | 54,000 | 0 | 42,887 |
| Total Fixed Assets | 3,142,000 | 4,140,000 | 6,159,000 | 1,378,000 | 231,000 | 7,892,000 | 12,480,000 | 12,623,000 | 12,396,000 | 54,000 | 0 | 42,887 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 867,670 | 196,590 |
| Trade Debtors | 3,902,000 | 4,041,000 | 5,901,000 | 11,636,000 | 12,239,000 | 6,821,000 | 4,041,000 | 2,060,000 | 744,000 | 236,000 | 2,111,186 | 1,656,484 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 959,000 | 780,000 | 612,000 | 1,287,000 | 964,000 | 1,132,000 | 983,000 | 613,000 | 133,000 | 95,000 | 148,617 | 6,349 |
| Cash | 8,984,000 | 5,186,000 | 5,240,000 | 1,473,000 | 463,000 | 1,393,000 | 1,542,000 | 261,000 | 509,000 | 4,376,000 | 2,417,052 | 1,380,733 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 13,845,000 | 10,007,000 | 11,753,000 | 14,396,000 | 13,666,000 | 9,346,000 | 6,566,000 | 2,934,000 | 1,386,000 | 4,707,000 | 5,544,525 | 3,240,156 |
| total assets | 16,987,000 | 14,147,000 | 17,912,000 | 15,774,000 | 13,897,000 | 17,238,000 | 19,046,000 | 15,557,000 | 13,782,000 | 4,761,000 | 5,544,525 | 3,283,043 |
| Bank overdraft | 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 |
| Trade Creditors | 581,000 | 976,000 | 947,000 | 1,090,000 | 952,000 | 1,443,000 | 2,732,000 | 144,000 | 35,000 | 43,000 | 583,037 | 92,884 |
| Group/Directors Accounts | 4,374,000 | 8,257,000 | 11,445,000 | 13,039,000 | 1,685,000 | 24,554,000 | 23,935,000 | 1,913,000 | 1,152,000 | 1,679,000 | 1,779,676 | 1,240,555 |
| other short term finances | 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 |
| other current liabilities | 18,044,000 | 9,884,000 | 10,065,000 | 6,221,000 | 8,272,000 | 8,201,000 | 3,839,000 | 2,795,000 | 694,000 | 1,003,000 | 1,536,571 | 894,097 |
| total current liabilities | 22,999,000 | 19,117,000 | 22,457,000 | 20,350,000 | 10,909,000 | 34,198,000 | 30,506,000 | 4,852,000 | 1,881,000 | 2,725,000 | 3,899,284 | 2,227,536 |
| loans | 12,722,000 | 13,686,000 | 18,079,000 | 17,420,000 | 27,093,000 | 0 | 0 | 10,045,000 | 10,000,000 | 0 | 248,970 | 254,810 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 85,000 | 85,000 | 83,000 | 111,000 | 58,000 | 77,000 | 57,000 | 2,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 12,722,000 | 13,686,000 | 18,164,000 | 17,505,000 | 27,176,000 | 111,000 | 58,000 | 10,122,000 | 10,057,000 | 2,000 | 248,970 | 254,810 |
| total liabilities | 35,721,000 | 32,803,000 | 40,621,000 | 37,855,000 | 38,085,000 | 34,309,000 | 30,564,000 | 14,974,000 | 11,938,000 | 2,727,000 | 4,148,254 | 2,482,346 |
| net assets | -18,734,000 | -18,656,000 | -22,709,000 | -22,081,000 | -24,188,000 | -17,071,000 | -11,518,000 | 583,000 | 1,844,000 | 2,034,000 | 1,396,271 | 800,697 |
| total shareholders funds | -18,734,000 | -18,656,000 | -22,709,000 | -22,081,000 | -24,188,000 | -17,071,000 | -11,518,000 | 583,000 | 1,844,000 | 2,034,000 | 1,396,271 | 800,697 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Aug 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 619,000 | 2,034,000 | -162,000 | 909,000 | -11,100,000 | -5,268,000 | -3,459,000 | -1,501,000 | -221,000 | 825,000 | ||
| Depreciation | 30,000 | 35,000 | 54,000 | 70,000 | 200,000 | 184,000 | 96,000 | 91,000 | 74,000 | 0 | 0 | 0 |
| Amortisation | 0 | 53,000 | 10,000 | 19,000 | 798,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -228,000 | 228,000 | 0 | 0 | 0 | 0 | -290,000 | 240,000 | 31,000 | -188,000 | -183,900 | -274,539 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -867,670 | 867,670 | 196,590 |
| Debtors | -938,000 | -3,664,000 | -1,644,000 | 980,000 | 5,250,000 | 2,916,000 | 2,060,000 | 2,086,000 | 522,000 | -1,874,803 | 2,259,803 | 1,705,720 |
| Creditors | -395,000 | 29,000 | -143,000 | 138,000 | -491,000 | -1,289,000 | 2,588,000 | 109,000 | -8,000 | -540,037 | 583,037 | 92,884 |
| Accruals and Deferred Income | 8,160,000 | -181,000 | 3,844,000 | -2,051,000 | 71,000 | 4,362,000 | 1,044,000 | 2,101,000 | -309,000 | -533,571 | 1,536,571 | 894,097 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 9,124,000 | 5,862,000 | 5,247,000 | -1,895,000 | -15,772,000 | -4,927,000 | -2,081,000 | -1,046,000 | -955,000 | 2,305,865 | ||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | -3,792,000 | -8,221,000 | 0 | 12,013,000 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -3,883,000 | -3,188,000 | -1,594,000 | 11,354,000 | -22,869,000 | 619,000 | 22,022,000 | 761,000 | -527,000 | -100,676 | 1,779,676 | 1,240,555 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -964,000 | -4,393,000 | 659,000 | -9,673,000 | 27,093,000 | 0 | -10,045,000 | 45,000 | 10,000,000 | -248,970 | 248,970 | 254,810 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -85,000 | 0 | 2,000 | -28,000 | 53,000 | -19,000 | 20,000 | 55,000 | 2,000 | 0 | 0 |
| share issue | ||||||||||||
| interest | -572,000 | -789,000 | -840,000 | -936,000 | -748,000 | -285,000 | -73,000 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | -5,316,000 | -5,875,000 | -1,401,000 | 2,881,000 | 8,179,000 | 387,000 | 11,885,000 | 826,000 | 9,528,000 | -346,917 | 2,829,343 | 1,495,465 |
| cash and cash equivalents | ||||||||||||
| cash | 3,798,000 | -54,000 | 3,767,000 | 1,010,000 | -930,000 | -149,000 | 1,281,000 | -248,000 | -3,867,000 | 1,958,948 | 2,417,052 | 1,380,733 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 3,798,000 | -54,000 | 3,767,000 | 1,010,000 | -930,000 | -149,000 | 1,281,000 | -248,000 | -3,867,000 | 1,958,948 | 2,417,052 | 1,380,733 |
altera healthcare (it) uk ltd Credit Report and Business Information
Altera Healthcare (it) Uk Ltd Competitor Analysis
Perform a competitor analysis for altera healthcare (it) uk ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in B 2 area or any other competitors across 12 key performance metrics.
altera healthcare (it) uk ltd Ownership
ALTERA HEALTHCARE (IT) UK LTD group structure
Altera Healthcare (It) Uk Ltd has no subsidiary companies.
Ultimate parent company
ALLSCRIPTS HEALTHCARE SOLUTIONS INC
#0079369
ALLSCRIPTS HEALTHCARE INT'L HOLDING LLC
#0079368
2 parents
ALTERA HEALTHCARE (IT) UK LTD
07584643
altera healthcare (it) uk ltd directors
Altera Healthcare (It) Uk Ltd currently has 2 directors. The longest serving directors include Mr Jeffrey Bender (May 2022) and Mr Todd Richardson (May 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jeffrey Bender | United States | 55 years | May 2022 | - | Director |
| Mr Todd Richardson | England | 54 years | May 2022 | - | Director |
P&L
December 2022turnover
15.2m
+4%
operating profit
619k
-70%
gross margin
53.7%
-12.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-18.7m
0%
total assets
17m
+0.2%
cash
9m
+0.73%
net assets
Total assets minus all liabilities
altera healthcare (it) uk ltd company details
company number
07584643
Type
Private limited with Share Capital
industry
46510 - Wholesale of computers, computer peripheral equipment and software
incorporation date
March 2011
age
13
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
allscripts healthcare (it) uk ltd (June 2023)
last accounts submitted
December 2022
address
31 temple street, 31 temple street,, birmingham, B2 5DB
accountant
-
auditor
UHY HACKER YOUNG MANCHESTER LLP
altera healthcare (it) uk 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 altera healthcare (it) uk ltd.
altera healthcare (it) uk ltd Companies House Filings - See Documents
| date | description | view/download |
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