Human Race Medical Services Ltd

POWER SEARCH PRICING

SOLUTIONS

human race medical services ltd Company Information

Live

EstablishedMicroDeclining

Company Number

07893110

Website

Registered Address

16 betham road, greenford, middlesex, UB6 8RY

Industry

Specialist medical practice activities

Telephone

Next Accounts Due

December 2024

Group Structure

View All

Directors

Obioma Iwuagwu12 Years

Ngozi Iwaugwu11 Years

Shareholders

obioma cosmas iwuagwu 25%

beatrice iwuagwu 25%

View All

human race medical services ltd Estimated Valuation

£23k

Pomanda estimates the enterprise value of HUMAN RACE MEDICAL SERVICES LTD at £23k based on a Turnover of £51.1k and 0.45x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Human Race Medical Services Ltd is a live company located in middlesex, UB6 8RY with a Companies House number of 07893110. It operates in the specialists medical practice activities sector, SIC Code 86220. Founded in December 2011, it's largest shareholder is obioma cosmas iwuagwu with a 25% stake. Human Race Medical Services Ltd is a established, micro sized company, Pomanda has estimated its turnover at £51.1k with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Human Race Medical Services Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating1.5out of 5

2 Strong

1 Regular

7 Weak

Size

annual sales of £51.1k, make it smaller than the average company (£517.8k)

Growth

3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (5.4%)

EXPORT

Human Race Medical Services Ltd's latest turnover from March 2023 is estimated at £51.1 thousand and the company has net assets of -£141.9 thousand. According to their latest financial statements, we estimate that Human Race Medical Services Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Dec 2014	Dec 2013
Turnover	51,121	166,206	33,376	94,604	114,011	73,400	0	68,447	90,084	108,966
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	34,991	108,029	22,347	58,604	71,263	42,363	0	40,191	51,757	61,486
Gross Profit	16,129	58,177	11,029	36,000	42,747	31,037	0	28,256	38,327	47,480
Admin Expenses	32,999	39,980	261,645	167,264	169,876	-83,723	-223,105	-96,585	19,762	24,565
Operating Profit	-16,870	18,197	-250,616	-131,264	-127,129	114,760	223,105	124,841	18,565	22,915
Interest Payable	0	1,688	1,525	0	0	0	0	0	0	0
Interest Receivable	0	63	28	30	139	171	234	340	62	10
Pre-Tax Profit	-16,870	16,573	-252,113	-131,235	-126,990	114,931	223,339	125,181	18,627	22,925
Tax	0	-3,149	0	0	0	-21,837	-44,668	-25,036	-3,912	-5,273
Profit After Tax	-16,870	13,424	-252,113	-131,235	-126,990	93,094	178,671	100,145	14,715	17,652
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Retained Profit	-16,870	13,424	-252,113	-131,235	-126,990	93,094	178,671	100,145	14,715	17,652
Employee Costs	29,451	54,208	26,453	25,766	52,933	49,117	0	29,717	30,637	30,594
Number Of Employees	1	2	1	1	2	2	0	1	1	1
EBITDA*	-16,870	19,532	-52,386	-131,264	97,595	273,053	302,718	142,955	28,177	25,229

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Dec 2014	Dec 2013
Tangible Assets	0	0	0	198,230	422,876	381,875	308,178	28,262	15,760	6,456
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Investments & Other	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
Total Fixed Assets	0	0	0	198,230	422,876	381,875	308,178	28,262	15,760	6,456
Stock & work in progress	0	0	0	0	0	0	0	0	0	0
Trade Debtors	21	0	8,509	20,274	38,589	0	0	0	15,833	20,709
Group Debtors	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0
Cash	0	0	16,759	39,296	19,699	17,242	51,081	136,095	20,626	3,986
misc current assets	0	0	0	0	0	0	0	0	0	0
total current assets	21	0	25,268	59,570	58,288	17,242	51,081	136,095	36,459	24,695
total assets	21	0	25,268	257,800	481,164	399,117	359,259	164,357	52,219	31,151
Bank overdraft	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0
Trade Creditors	99,139	82,422	0	0	0	0	0	64,208	19,850	13,497
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	113,692	144,111	236,240	27,203	80,439	0	0	0
total current liabilities	99,139	82,422	113,692	144,111	236,240	27,203	80,439	64,208	19,850	13,497
loans	0	0	50,000	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0
other liabilities	42,756	42,582	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0
total long term liabilities	42,756	42,582	50,000	0	0	0	0	0	0	0
total liabilities	141,895	125,004	163,692	144,111	236,240	27,203	80,439	64,208	19,850	13,497
net assets	-141,874	-125,004	-138,424	113,689	244,924	371,914	278,820	100,149	32,369	17,654
total shareholders funds	-141,874	-125,004	-138,424	113,689	244,924	371,914	278,820	100,149	32,369	17,654

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Dec 2014	Dec 2013	Dec 2012
Operating Activities
Operating Profit	-16,870	18,197	-250,616	-131,264	-127,129	114,760	223,105	124,841	18,565	22,915	0
Depreciation	0	1,335	198,230	0	224,724	158,293	79,613	18,114	9,612	2,314	0
Amortisation	0	0	0	0	0	0	0	0	0	0	0
Tax	0	-3,149	0	0	0	-21,837	-44,668	-25,036	-3,912	-5,273	0
Stock	0	0	0	0	0	0	0	0	0	0	0
Debtors	21	-8,509	-11,765	-18,315	38,589	0	0	0	-4,876	20,709	0
Creditors	16,717	82,422	0	0	0	0	-64,208	64,208	6,353	13,497	0
Accruals and Deferred Income	0	-113,692	-30,419	-92,129	209,037	-53,236	80,439	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-174	-6,378	-71,040	-205,078	268,043	197,980	274,281	182,127	35,494	12,744	0
Investing Activities
capital expenditure	0	-1,335	0	224,646	-265,725	-231,990	-359,529	-46,376	-18,916	-8,770	0
Change in Investments	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	-1,335	0	224,646	-265,725	-231,990	-359,529	-46,376	-18,916	-8,770	0
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	-50,000	50,000	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	174	42,582	0	0	0	0	0	0	0	0	0
share issue	0	-4	0	0	0	0	0	4	0	2	0
interest	0	-1,625	-1,497	30	139	171	234	340	62	10	0
cash flow from financing	174	-9,047	48,503	30	139	171	234	344	62	12	0
cash and cash equivalents
cash	0	-16,759	-22,537	19,597	2,457	-33,839	-85,014	136,095	16,640	3,986	0
overdraft	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	-16,759	-22,537	19,597	2,457	-33,839	-85,014	136,095	16,640	3,986	0

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for human race medical services ltd. Get real-time insights into human race medical services ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for human race medical services ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in UB6 area or any other competitors across 12 key performance metrics.

HUMAN RACE MEDICAL SERVICES LTD group structure

Human Race Medical Services Ltd has no subsidiary companies.

Ultimate parent company

HUMAN RACE MEDICAL SERVICES LTD

07893110

HUMAN RACE MEDICAL SERVICES LTD Shareholders

obioma cosmas iwuagwu	25%
beatrice iwuagwu	25%
innocent iwuagwu	25%
ngozi dymphna iwuagwu	25%

Human Race Medical Services Ltd currently has 2 directors. The longest serving directors include Dr Obioma Iwuagwu (Dec 2011) and Mrs Ngozi Iwaugwu (Sep 2013).

officer	country	age	start	end	role
Dr Obioma Iwuagwu	United Kingdom	53 years	Dec 2011	-	Director
Mrs Ngozi Iwaugwu	United Kingdom	42 years	Sep 2013	-	Director

P&L

March 2023

turnover

51.1k

-69%

operating profit

-16.9k

gross margin

31.6%

-9.86%

turnover

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

Balance Sheet

March 2023

net assets

-141.9k

+0.13%

total assets

cash

net assets

Total assets minus all liabilities

Similar Companies

krishna medical care limited

amt medical services limited

2.5

t. rossouw limited

2.5

tvu ltd

t theodossy ltd

1.5

company number

07893110

Type

Private limited with Share Capital

industry

86220 - Specialist medical practice activities

incorporation date

December 2011

ultimate parent company

None

previous names

N/A

address

16 betham road, greenford, middlesex, UB6 8RY

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 human race medical services ltd.

human race medical services ltd Company Information

human race medical services ltd Estimated Valuation

human race medical services ltd Estimated Valuation

human race medical services ltd Estimated Valuation

Human Race Medical Services Ltd Overview

Human Race Medical Services Ltd Health Check

HUMAN RACE MEDICAL SERVICES LTD financials

human race medical services ltd Credit Report and Business Information

Human Race Medical Services Ltd Competitor Analysis

human race medical services ltd Ownership

human race medical services ltd directors

human race medical services ltd company details

human race medical services ltd Charges & Mortgages

human race medical services ltd Companies House Filings - See Documents