Neon Diagnostics Ltd

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neon diagnostics ltd Company Information

Company Number

07617834

Next Accounts

Jun 2025

Directors

Naseen Valji

Shabnam Valji

Shareholders

naseen valji

peter john hope

Group Structure

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Industry

Wholesale of pharmaceutical goods

Registered Address

unit 7 & 8, swanbridge industrial park, witham, essex, CM8 3YN

Website

www.neondiagnostics.co.uk

neon diagnostics ltd Estimated Valuation

£6.7m

Pomanda estimates the enterprise value of NEON DIAGNOSTICS LTD at £6.7m based on Net Assets of £3.5m and 1.91x industry multiple (adjusted for liquidity).

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Neon Diagnostics Ltd is a live company located in witham, CM8 3YN with a Companies House number of 07617834. It operates in the wholesale of pharmaceutical goods sector, SIC Code 46460. Founded in April 2011, it's largest shareholder is naseen valji with a 50% stake. Neon Diagnostics Ltd is a established, mid sized company, Pomanda has estimated its turnover at £8.2m with healthy growth in recent years.

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Pomanda's financial health check has awarded Neon Diagnostics Ltd 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 Rating4.5out of 5

3 Strong

5 Regular

4 Weak

Size

annual sales of £8.2m, make it smaller than the average company (£24.9m)

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (5.3%)

EXPORT

Neon Diagnostics Ltd's latest turnover from September 2023 is estimated at £8.2 million and the company has net assets of £3.5 million. According to their latest financial statements, Neon Diagnostics Ltd has 14 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012
Turnover	8,248,303	13,069,912	7,784,605	6,973,165	6,947,238	6,279,053	4,244,330	4,480,679	4,710,529	3,061,728	1,074,175	659,823
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	5,975,817	9,625,845	5,804,554	5,103,734	5,168,471	4,598,973	3,144,549	3,292,453	3,458,845	2,259,149	791,512	499,674
Gross Profit	2,272,485	3,444,067	1,980,051	1,869,430	1,778,767	1,680,081	1,099,781	1,188,226	1,251,684	802,578	282,663	160,148
Admin Expenses	6,223,463	1,591,044	478,344	511,208	1,005,930	753,487	182,042	190,438	726,978	689,240	354,438	233,948
Operating Profit	-3,950,978	1,853,023	1,501,707	1,358,222	772,837	926,594	917,739	997,788	524,706	113,338	-71,775	-73,800
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	206,832	124,872	3,443	2,454	17,885	14,219	3,096	2,072	1,695	313	103	79
Pre-Tax Profit	-3,744,146	1,977,895	1,505,149	1,360,675	790,722	940,814	920,836	999,860	526,401	113,651	-71,672	-73,721
Tax	0	-375,800	-285,978	-258,528	-150,237	-178,755	-174,959	-199,972	-105,280	-23,867	0	0
Profit After Tax	-3,744,146	1,602,095	1,219,171	1,102,147	640,485	762,059	745,877	799,888	421,121	89,784	-71,672	-73,721
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-3,744,146	1,602,095	1,219,171	1,102,147	640,485	762,059	745,877	799,888	421,121	89,784	-71,672	-73,721
Employee Costs	1,077,275	1,111,137	1,062,790	1,008,196	933,592	871,060	525,503	418,902	431,989	293,465	119,989	83,627
Number Of Employees	14	16	16	16	15	14	9	9	10	7	3	2
EBITDA*	-3,948,929	1,854,649	1,503,603	1,360,383	775,181	928,468	919,232	999,074	525,191	113,708	-71,555	-73,714

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012
Tangible Assets	8,197	6,512	7,578	8,637	9,377	7,501	5,971	5,139	1,932	1,478	879	343
Intangible Assets	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
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	8,197	6,512	7,578	8,637	9,377	7,501	5,971	5,139	1,932	1,478	879	343
Stock & work in progress	1,373,113	2,375,728	1,318,660	1,603,287	1,092,041	1,019,124	552,939	352,320	271,558	203,316	114,325	86,137
Trade Debtors	1,280,206	1,405,138	1,180,665	1,098,585	1,072,951	700,632	850,093	795,478	594,169	449,898	147,782	64,665
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	1,272,737	7,086	18,369	10,567	3,097	10,305	14,000	26,872	0	0	0	0
Cash	1,117,443	6,761,879	4,337,888	2,547,580	2,359,882	2,409,434	1,382,365	1,094,743	562,584	115,586	9,480	31,539
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	5,043,499	10,549,831	6,855,582	5,260,019	4,527,971	4,139,495	2,799,397	2,269,413	1,428,311	768,800	271,587	182,341
total assets	5,051,696	10,556,343	6,863,160	5,268,656	4,537,348	4,146,996	2,805,368	2,274,552	1,430,243	770,278	272,466	182,684
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	1,098,016	2,782,916	858,520	449,447	798,284	1,105,616	512,597	763,147	1,064,729	605,887	197,859	137,760
Group/Directors Accounts	0	0	4,204	4,204	7,188	12,387	0	0	0	0	0	0
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	460,541	536,091	365,195	398,935	417,955	355,557	381,394	345,905	0	0	0	0
total current liabilities	1,558,557	3,319,007	1,227,919	852,586	1,223,427	1,473,560	893,991	1,109,052	1,064,729	605,887	197,859	137,760
loans	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
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	219,998	219,998	118,643
provisions	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	0	0	0	0	0	0	0	0	0	219,998	219,998	118,643
total liabilities	1,558,557	3,319,007	1,227,919	852,586	1,223,427	1,473,560	893,991	1,109,052	1,064,729	825,885	417,857	256,403
net assets	3,493,139	7,237,336	5,635,241	4,416,070	3,313,921	2,673,436	1,911,377	1,165,500	365,514	-55,607	-145,391	-73,719
total shareholders funds	3,493,139	7,237,336	5,635,241	4,416,070	3,313,921	2,673,436	1,911,377	1,165,500	365,514	-55,607	-145,391	-73,719

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012
Operating Activities
Operating Profit	-3,950,978	1,853,023	1,501,707	1,358,222	772,837	926,594	917,739	997,788	524,706	113,338	-71,775	-73,800
Depreciation	2,049	1,626	1,896	2,161	2,344	1,874	1,493	1,286	485	370	220	86
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	-375,800	-285,978	-258,528	-150,237	-178,755	-174,959	-199,972	-105,280	-23,867	0	0
Stock	-1,002,615	1,057,068	-284,627	511,246	72,917	466,185	200,619	80,762	68,242	88,991	28,188	86,137
Debtors	1,140,719	213,190	89,882	33,104	365,111	-153,156	41,743	228,181	144,271	302,116	83,117	64,665
Creditors	-1,684,900	1,924,396	409,073	-348,837	-307,332	593,019	-250,550	-301,582	458,842	408,028	60,099	137,760
Accruals and Deferred Income	-75,550	170,896	-33,740	-19,020	62,398	-25,837	35,489	345,905	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-5,847,483	2,303,883	1,787,703	189,648	-58,018	1,003,866	286,850	534,482	666,240	106,762	-122,761	-86,756
Investing Activities
capital expenditure	-3,734	-560	-837	-1,421	-4,220	-3,404	-2,325	-4,493	-939	-969	-756	-429
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-3,734	-560	-837	-1,421	-4,220	-3,404	-2,325	-4,493	-939	-969	-756	-429
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	-4,204	0	-2,984	-5,199	12,387	0	0	0	0	0	0
Other Short Term Loans	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
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	-219,998	0	101,355	118,643
share issue	-51	0	0	2	0	0	0	98	0	0	0	2
interest	206,832	124,872	3,443	2,454	17,885	14,219	3,096	2,072	1,695	313	103	79
cash flow from financing	206,781	120,668	3,443	-528	12,686	26,606	3,096	2,170	-218,303	313	101,458	118,724
cash and cash equivalents
cash	-5,644,436	2,423,991	1,790,308	187,698	-49,552	1,027,069	287,622	532,159	446,998	106,106	-22,059	31,539
overdraft	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-5,644,436	2,423,991	1,790,308	187,698	-49,552	1,027,069	287,622	532,159	446,998	106,106	-22,059	31,539

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for neon diagnostics 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 CM8 area or any other competitors across 12 key performance metrics.

NEON DIAGNOSTICS LTD group structure

Neon Diagnostics Ltd has no subsidiary companies.

Ultimate parent company

NEON DIAGNOSTICS LTD

07617834

NEON DIAGNOSTICS LTD Shareholders

naseen valji	50%
peter john hope	50%

Neon Diagnostics Ltd currently has 2 directors. The longest serving directors include Mr Naseen Valji (Apr 2011) and Mrs Shabnam Valji (Jul 2024).

officer	country	age	start	end	role
Mr Naseen Valji		65 years	Apr 2011	-	Director
Mrs Shabnam Valji	England	57 years	Jul 2024	-	Director

P&L

September 2023

turnover

8.2m

-37%

operating profit

-4m

gross margin

27.6%

+4.55%

turnover

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

Balance Sheet

September 2023

net assets

3.5m

-0.52%

total assets

5.1m

-0.52%

cash

1.1m

-0.83%

net assets

Total assets minus all liabilities

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company number

07617834

Type

Private limited with Share Capital

industry

46460 - Wholesale of pharmaceutical goods

incorporation date

April 2011

ultimate parent company

None

previous names

N/A

address

unit 7 & 8, swanbridge industrial park, witham, essex, CM8 3YN

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.

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neon diagnostics ltd Company Information

neon diagnostics ltd Estimated Valuation

neon diagnostics ltd Estimated Valuation

neon diagnostics ltd Estimated Valuation

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NEON DIAGNOSTICS LTD financials

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