adonia medical group limited
adonia medical group limited Company Information
Company Number
08237487
Website
http://cosmestore.co.ukRegistered Address
2 bromwich court gorsey lane, coleshill, birmingham, B46 1JU
Industry
Non-trading company
Telephone
02038757399
Next Accounts Due
May 2024
Group Structure
View All
Shareholders
hebe opco ltd 100%
adonia medical group limited Estimated Valuation
The estimated valuation range for adonia medical group limited, derived from financial data as of August 2022 and the most recent industry multiples, is between £25.9m to £59.9m
adonia medical group limited Estimated Valuation
The estimated valuation range for adonia medical group limited, derived from financial data as of August 2022 and the most recent industry multiples, is between £25.9m to £59.9m
adonia medical group limited Estimated Valuation
The estimated valuation range for adonia medical group limited, derived from financial data as of August 2022 and the most recent industry multiples, is between £25.9m to £59.9m
Get a detailed valuation report, edit figures and unlock valuation multiples.
Adonia Medical Group Limited AI Business Plan
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Adonia Medical Group Limited Overview
Adonia Medical Group Limited is a live company located in birmingham, B46 1JU with a Companies House number of 08237487. It operates in the non-trading company sector, SIC Code 74990. Founded in October 2012, it's largest shareholder is hebe opco ltd with a 100% stake. Adonia Medical Group Limited is a established, large sized company, Pomanda has estimated its turnover at £26.7m with healthy growth in recent years.
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Adonia Medical Group Limited Health Check
Pomanda's financial health check has awarded Adonia Medical Group Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 2 areas for improvement. Company Health Check FAQs
9 Strong
1 Regular
2 Weak
Size
annual sales of £26.7m, make it larger than the average company (£3.3m)
£26.7m - Adonia Medical Group Limited
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a faster rate (2.5%)
5% - Adonia Medical Group Limited
2.5% - Industry AVG
Production
with a gross margin of 51.5%, this company has a lower cost of product (33.2%)
51.5% - Adonia Medical Group Limited
33.2% - Industry AVG
Profitability
an operating margin of 26.2% make it more profitable than the average company (6.1%)
26.2% - Adonia Medical Group Limited
6.1% - Industry AVG
Employees
with 67 employees, this is above the industry average (42)
67 - Adonia Medical Group Limited
42 - Industry AVG
Pay Structure
on an average salary of £40.5k, the company has an equivalent pay structure (£37.6k)
£40.5k - Adonia Medical Group Limited
£37.6k - Industry AVG
Efficiency
resulting in sales per employee of £399.2k, this is more efficient (£137.6k)
£399.2k - Adonia Medical Group Limited
£137.6k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (41 days)
26 days - Adonia Medical Group Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 51 days, this is slower than average (42 days)
51 days - Adonia Medical Group Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 84 days, this is more than average (43 days)
84 days - Adonia Medical Group Limited
43 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is less cash available to meet short term requirements (38 weeks)
13 weeks - Adonia Medical Group Limited
38 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.8%, this is a lower level of debt than the average (48%)
20.8% - Adonia Medical Group Limited
48% - Industry AVG
adonia medical group limited Credit Report and Business Information
Adonia Medical Group Limited Competitor Analysis
Perform a competitor analysis for adonia medical group limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
adonia medical group limited Ownership
ADONIA MEDICAL GROUP LIMITED group structure
Adonia Medical Group Limited has 14 subsidiary companies.
Ultimate parent company
2 parents
ADONIA MEDICAL GROUP LIMITED
08237487
14 subsidiaries
adonia medical group limited directors
Adonia Medical Group Limited currently has 5 directors. The longest serving directors include Mr Nicholas Perrin (Feb 2020) and Mr Darren Grassby (Feb 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Perrin | 64 years | Feb 2020 | - | Director | |
| Mr Darren Grassby | United Kingdom | 48 years | Feb 2020 | - | Director |
| Mr Darren Grassby | England | 48 years | Feb 2020 | - | Director |
| Mr Harvey Ainley | England | 57 years | Feb 2024 | - | Director |
| Mr Jeremy Richardson | England | 53 years | Feb 2024 | - | Director |
ADONIA MEDICAL GROUP LIMITED financials
Adonia Medical Group Limited's latest turnover from August 2022 is £26.7 million and the company has net assets of £19.9 million. According to their latest financial statements, Adonia Medical Group Limited has 67 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2022 | Aug 2021 | Aug 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 26,747,362 | 22,119,019 | 29,564,364 | 23,206,947 | 18,407,569 | 17,506,282 | 14,166,820 | 13,735,168 | 10,650,596 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 12,984,886 | 10,505,505 | 12,781,214 | 9,804,723 | 7,818,031 | 7,298,203 | 6,564,691 | 5,879,103 | 5,189,015 |
| Gross Profit | 13,762,476 | 11,613,514 | 16,783,150 | 13,402,224 | 10,589,538 | 10,208,079 | 7,602,129 | 7,856,065 | 5,461,581 |
| Admin Expenses | 6,765,212 | 5,503,121 | 11,457,602 | 8,297,430 | 6,026,203 | 7,019,126 | 5,996,417 | 4,851,203 | 3,284,346 |
| Operating Profit | 6,997,264 | 6,110,393 | 5,325,548 | 5,104,794 | 4,563,335 | 3,188,953 | 1,605,712 | 3,004,862 | 2,177,235 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 15,534 | 10,809 | 1,492 |
| Interest Receivable | 0 | 0 | 1,772 | 1,498 | 4,072 | 4,916 | 5,372 | 3,225 | 45,121 |
| Pre-Tax Profit | 6,994,440 | 6,110,393 | 5,327,320 | 5,106,292 | 4,568,639 | 3,214,771 | 1,614,570 | 3,089,309 | 2,294,088 |
| Tax | 1,311,105 | -835,169 | -1,134,614 | -1,139,718 | -740,884 | -742,821 | -370,867 | -690,427 | -372,676 |
| Profit After Tax | 8,305,545 | 5,275,224 | 4,192,706 | 3,966,574 | 3,827,755 | 2,471,950 | 1,243,703 | 2,398,882 | 1,921,412 |
| Dividends Paid | 0 | 0 | 7,644,000 | 4,000,000 | 1,568,000 | 0 | 1,200,000 | 0 | 326,542 |
| Retained Profit | 8,305,545 | 5,275,224 | -3,451,294 | -33,426 | 2,259,755 | 2,471,950 | 43,703 | 2,398,882 | 1,594,870 |
| Employee Costs | 2,711,088 | 2,095,543 | 5,714,090 | 4,872,778 | 4,243,014 | 4,312,390 | 3,110,291 | 2,730,302 | 1,892,321 |
| Number Of Employees | 67 | 65 | 148 | 183 | 163 | 171 | 187 | 131 | 122 |
| EBITDA* | 7,252,336 | 6,325,882 | 6,193,569 | 5,783,867 | 5,096,089 | 3,773,211 | 2,531,283 | 3,394,975 | 3,208,575 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2022 | Aug 2021 | Aug 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 117,006 | 301,959 | 376,929 | 1,109,397 | 1,042,585 | 1,440,401 | 1,009,573 | 841,724 | 1,758,709 |
| Intangible Assets | 18,668 | 46,301 | 137,244 | 462,998 | 716,128 | 1,296,992 | 291,007 | 491,311 | 554,326 |
| Investments & Other | 0 | 0 | 0 | 0 | 50,736 | 52,080 | 34,248 | 48,789 | 54,717 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 135,674 | 348,260 | 514,173 | 1,572,395 | 1,809,449 | 2,789,473 | 1,334,828 | 1,381,824 | 2,367,752 |
| Stock & work in progress | 2,995,383 | 3,204,774 | 2,126,167 | 3,247,297 | 2,617,067 | 1,893,072 | 1,302,994 | 1,285,594 | 1,064,472 |
| Trade Debtors | 1,959,636 | 1,326,851 | 1,358,678 | 1,499,909 | 890,070 | 792,605 | 893,523 | 1,241,583 | 1,230,456 |
| Group Debtors | 0 | 860,259 | 23,270 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 18,678,883 | 7,375,256 | 5,002,358 | 1,695,892 | 1,608,527 | 1,476,002 | 517,845 | 410,927 | 710,884 |
| Cash | 1,312,094 | 4,404,252 | 1,147,285 | 6,928,839 | 6,459,823 | 4,977,612 | 4,491,814 | 3,910,249 | 2,861,398 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 24,945,996 | 17,171,392 | 9,657,758 | 13,371,937 | 11,575,487 | 9,139,291 | 7,206,176 | 6,848,353 | 5,867,210 |
| total assets | 25,081,670 | 17,519,652 | 10,171,931 | 14,944,332 | 13,384,936 | 11,928,764 | 8,541,004 | 8,230,177 | 8,234,962 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 22,916 | 22,302 | 21,368 |
| Trade Creditors | 1,826,001 | 1,840,755 | 1,208,164 | 3,213,814 | 2,363,537 | 1,833,588 | 976,696 | 1,013,936 | 1,074,438 |
| Group/Directors Accounts | 0 | 780,364 | 23,270 | 0 | 0 | 0 | 0 | 0 | 1,609,968 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 5,578 | 2,423 | 0 | 12,646 |
| other current liabilities | 3,379,525 | 3,327,935 | 2,645,124 | 2,047,184 | 1,304,639 | 2,471,781 | 2,133,065 | 1,808,870 | 2,507,069 |
| total current liabilities | 5,205,526 | 5,949,054 | 3,876,558 | 5,260,998 | 3,668,176 | 4,310,947 | 3,135,100 | 2,845,108 | 5,225,489 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 259,392 | 282,917 | 306,203 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 657 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 8,400 | 8,400 | 8,400 | 8,400 | 8,400 | 8,412 | 8,400 | 8,400 | 8,400 |
| total long term liabilities | 8,401 | 8,400 | 8,400 | 8,400 | 8,400 | 8,412 | 268,449 | 291,317 | 314,603 |
| total liabilities | 5,213,927 | 5,957,454 | 3,884,958 | 5,269,398 | 3,676,576 | 4,319,359 | 3,403,549 | 3,136,425 | 5,540,092 |
| net assets | 19,867,743 | 11,562,198 | 6,286,973 | 9,674,934 | 9,708,360 | 7,609,405 | 5,137,455 | 5,093,752 | 2,694,870 |
| total shareholders funds | 19,867,743 | 11,562,198 | 6,286,973 | 9,674,934 | 9,708,360 | 7,609,405 | 5,137,455 | 5,093,752 | 2,694,870 |
| Aug 2022 | Aug 2021 | Aug 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 6,997,264 | 6,110,393 | 5,325,548 | 5,104,794 | 4,563,335 | 3,188,953 | 1,605,712 | 3,004,862 | 2,177,235 |
| Depreciation | 229,413 | 116,718 | 591,583 | 396,508 | 339,874 | 279,724 | 479,805 | 250,083 | 216,813 |
| Amortisation | 25,659 | 98,771 | 276,438 | 282,565 | 192,880 | 304,534 | 445,766 | 140,030 | 814,527 |
| Tax | 1,311,105 | -835,169 | -1,134,614 | -1,139,718 | -740,884 | -742,821 | -370,867 | -690,427 | -372,676 |
| Stock | -209,391 | 1,078,607 | -1,121,130 | 630,230 | 723,995 | 590,078 | 17,400 | 221,122 | 1,064,472 |
| Debtors | 11,076,153 | 3,178,060 | 3,188,505 | 697,204 | 229,990 | 857,239 | -241,142 | -288,830 | 1,941,340 |
| Creditors | -14,754 | 632,591 | -2,005,650 | 850,277 | 529,949 | 856,892 | -37,240 | -60,502 | 1,074,438 |
| Accruals and Deferred Income | 51,590 | 682,811 | 597,940 | 742,545 | -1,167,142 | 338,716 | 324,195 | -698,199 | 2,507,069 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -12 | 12 | 0 | 0 | 8,400 |
| Cash flow from operations | -2,266,485 | 2,549,448 | 1,583,870 | 4,909,537 | 2,764,015 | 2,778,693 | 2,671,113 | 2,013,555 | 3,419,994 |
| Investing Activities | |||||||||
| capital expenditure | 0 | 0 | 0 | -428,076 | -12,885 | -2,058,539 | -896,969 | 710,856 | -1,716,803 |
| Change in Investments | 0 | 0 | 0 | -50,736 | -1,344 | 17,832 | -14,541 | -5,928 | 54,717 |
| cash flow from investments | 0 | 0 | 0 | -377,340 | -11,541 | -2,076,371 | -882,428 | 716,784 | -1,771,520 |
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | -22,916 | 614 | 934 | 21,368 |
| Group/Directors Accounts | -780,364 | 757,094 | 23,270 | 0 | 0 | 0 | 0 | -1,609,968 | 1,609,968 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | -259,392 | -23,525 | -23,286 | 306,203 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | -5,578 | 2,498 | 3,080 | -12,646 | 12,646 |
| other long term liabilities | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 0 | 0 | 1,772 | 1,498 | 4,072 | 4,916 | -10,162 | -7,584 | 43,629 |
| cash flow from financing | -780,363 | 757,095 | 88,375 | 1,498 | -162,306 | -274,894 | -29,993 | -1,652,550 | 3,093,814 |
| cash and cash equivalents | |||||||||
| cash | -3,092,158 | 3,256,967 | -5,781,554 | 469,016 | 1,482,211 | 485,798 | 581,565 | 1,048,851 | 2,861,398 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -3,092,158 | 3,256,967 | -5,781,554 | 469,016 | 1,482,211 | 485,798 | 581,565 | 1,048,851 | 2,861,398 |
P&L
August 2022turnover
26.7m
+21%
operating profit
7m
+15%
gross margin
51.5%
-2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2022net assets
19.9m
+0.72%
total assets
25.1m
+0.43%
cash
1.3m
-0.7%
net assets
Total assets minus all liabilities
adonia medical group limited company details
company number
08237487
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
October 2012
age
12
accounts
Group
ultimate parent company
previous names
N/A
incorporated
UK
address
2 bromwich court gorsey lane, coleshill, birmingham, B46 1JU
last accounts submitted
August 2022
adonia medical group 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 found 2 charges/mortgages relating to adonia medical group limited. Currently there are 2 open charges and 0 have been satisfied in the past.
adonia medical group limited Companies House Filings - See Documents
| date | description | view/download |
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