welfare healthcare (uk) ltd
welfare healthcare (uk) ltd Company Information
Company Number
08624459
Website
www.welfarepharmacy.co.ukRegistered Address
68 friar gate, derby, DE1 1FP
Industry
Wholesale of pharmaceutical goods
Telephone
03453404868
Next Accounts Due
April 2024
Group Structure
View All
Shareholders
hau wee lim 86%
mustafa hakimuddin bhaiji 14%
welfare healthcare (uk) ltd Estimated Valuation
The estimated valuation range for welfare healthcare (uk) ltd, derived from financial data as of July 2022 and the most recent industry multiples, is between £757.8k to £1.2m
welfare healthcare (uk) ltd Estimated Valuation
The estimated valuation range for welfare healthcare (uk) ltd, derived from financial data as of July 2022 and the most recent industry multiples, is between £757.8k to £1.2m
welfare healthcare (uk) ltd Estimated Valuation
The estimated valuation range for welfare healthcare (uk) ltd, derived from financial data as of July 2022 and the most recent industry multiples, is between £757.8k to £1.2m
Get a detailed valuation report, edit figures and unlock valuation multiples.
Welfare Healthcare (uk) Ltd AI Business Plan
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Welfare Healthcare (uk) Ltd Overview
Welfare Healthcare (uk) Ltd is a live company located in derby, DE1 1FP with a Companies House number of 08624459. It operates in the wholesale of pharmaceutical goods sector, SIC Code 46460. Founded in July 2013, it's largest shareholder is hau wee lim with a 86% stake. Welfare Healthcare (uk) Ltd is a established, small sized company, Pomanda has estimated its turnover at £2m with declining growth in recent years.
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Welfare Healthcare (uk) Ltd Health Check
Pomanda's financial health check has awarded Welfare Healthcare (Uk) Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £2m, make it smaller than the average company (£25.7m)
- Welfare Healthcare (uk) Ltd
£25.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (4.2%)
- Welfare Healthcare (uk) Ltd
4.2% - Industry AVG
Production
with a gross margin of 24.2%, this company has a comparable cost of product (24.2%)
- Welfare Healthcare (uk) Ltd
24.2% - Industry AVG
Profitability
an operating margin of 5.7% make it more profitable than the average company (4.5%)
- Welfare Healthcare (uk) Ltd
4.5% - Industry AVG
Employees
with 10 employees, this is below the industry average (38)
10 - Welfare Healthcare (uk) Ltd
38 - Industry AVG
Pay Structure
on an average salary of £65k, the company has an equivalent pay structure (£65k)
- Welfare Healthcare (uk) Ltd
£65k - Industry AVG
Efficiency
resulting in sales per employee of £198.7k, this is less efficient (£578.9k)
- Welfare Healthcare (uk) Ltd
£578.9k - Industry AVG
Debtor Days
it gets paid by customers after 29 days, this is earlier than average (57 days)
- Welfare Healthcare (uk) Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is slower than average (31 days)
- Welfare Healthcare (uk) Ltd
31 days - Industry AVG
Stock Days
it holds stock equivalent to 17 days, this is less than average (60 days)
- Welfare Healthcare (uk) Ltd
60 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 84 weeks, this is more cash available to meet short term requirements (13 weeks)
84 weeks - Welfare Healthcare (uk) Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.4%, this is a higher level of debt than the average (56.5%)
70.4% - Welfare Healthcare (uk) Ltd
56.5% - Industry AVG
welfare healthcare (uk) ltd Credit Report and Business Information
Welfare Healthcare (uk) Ltd Competitor Analysis
Perform a competitor analysis for welfare healthcare (uk) ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
welfare healthcare (uk) ltd Ownership
WELFARE HEALTHCARE (UK) LTD group structure
Welfare Healthcare (Uk) Ltd has 2 subsidiary companies.
Ultimate parent company
WELFARE HEALTHCARE (UK) LTD
08624459
2 subsidiaries
welfare healthcare (uk) ltd directors
Welfare Healthcare (Uk) Ltd currently has 3 directors. The longest serving directors include Mr Mustafa Bhaiji (Jul 2013) and Mr Hau Lim (Jul 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mustafa Bhaiji | England | 47 years | Jul 2013 | - | Director |
| Mr Hau Lim | England | 37 years | Jul 2013 | - | Director |
| Mr Yew Thong | 34 years | Jul 2014 | - | Director |
WELFARE HEALTHCARE (UK) LTD financials
Welfare Healthcare (Uk) Ltd's latest turnover from July 2022 is estimated at £2 million and the company has net assets of £377.7 thousand. According to their latest financial statements, Welfare Healthcare (Uk) Ltd has 10 employees and maintains cash reserves of £550.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 10 | 11 | 9 | 9 | 7 | 9 | 9 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 10,399 | 11,984 | 15,492 | 20,008 | 14,456 | 18,840 | 7,930 | 4,206 | 4,261 |
| Intangible Assets | 249,503 | 285,260 | 321,017 | 356,774 | 122,534 | 147,041 | 171,548 | 196,055 | 220,562 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 259,902 | 297,244 | 336,509 | 376,782 | 136,990 | 165,881 | 179,478 | 200,261 | 224,823 |
| Stock & work in progress | 74,131 | 51,733 | 72,767 | 78,448 | 35,357 | 53,475 | 30,500 | 32,440 | 26,500 |
| Trade Debtors | 159,120 | 225,832 | 138,620 | 193,562 | 144,270 | 114,947 | 52,533 | 75,171 | 137,635 |
| Group Debtors | 0 | 0 | 0 | 4,893 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 231,762 | 287,451 | 40,877 | 3 | 0 | 56,787 | 73,881 | 0 | 0 |
| Cash | 550,375 | 207,024 | 634,515 | 443,275 | 225,008 | 182,197 | 48,775 | 122,172 | 31,001 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,015,388 | 772,040 | 886,779 | 720,181 | 404,635 | 407,406 | 205,689 | 229,783 | 195,136 |
| total assets | 1,275,290 | 1,069,284 | 1,223,288 | 1,096,963 | 541,625 | 573,287 | 385,167 | 430,044 | 419,959 |
| Bank overdraft | 95,812 | 40,888 | 40,888 | 32,387 | 0 | 32,700 | 32,700 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 180,493 | 277,487 | 431,860 | 321,239 | 321,842 | 289,349 | 69,805 | 119,600 | 70,507 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 62,447 | 57,464 | 58,764 | 48,840 | 0 | 8,640 | 5,377 | 0 | 0 |
| total current liabilities | 338,752 | 375,839 | 531,512 | 402,466 | 321,842 | 330,689 | 107,882 | 119,600 | 70,507 |
| loans | 558,793 | 379,723 | 420,611 | 470,000 | 0 | 32,387 | 66,971 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100,702 | 167,056 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 32 |
| total long term liabilities | 558,793 | 379,723 | 420,611 | 470,000 | 0 | 32,387 | 66,971 | 100,702 | 167,088 |
| total liabilities | 897,545 | 755,562 | 952,123 | 872,466 | 321,842 | 363,076 | 174,853 | 220,302 | 237,595 |
| net assets | 377,745 | 313,722 | 271,165 | 224,497 | 219,783 | 210,211 | 210,314 | 209,742 | 182,364 |
| total shareholders funds | 377,745 | 313,722 | 271,165 | 224,497 | 219,783 | 210,211 | 210,314 | 209,742 | 182,364 |
| Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 2,983 | 3,508 | 4,516 | 4,448 | 6,280 | 2,028 | 1,402 | 1,420 | |
| Amortisation | 35,757 | 35,757 | 35,757 | 35,757 | 24,507 | 24,507 | 24,507 | 24,507 | |
| Tax | |||||||||
| Stock | 22,398 | -21,034 | -5,681 | 43,091 | -18,118 | 22,975 | -1,940 | 5,940 | 26,500 |
| Debtors | -122,401 | 333,786 | -18,961 | 54,188 | -27,464 | 45,320 | 51,243 | -62,464 | 137,635 |
| Creditors | -96,994 | -154,373 | 110,621 | -603 | 32,493 | 219,544 | -49,795 | 49,093 | 70,507 |
| Accruals and Deferred Income | 4,983 | -1,300 | 9,924 | 48,840 | -8,640 | 3,263 | 5,377 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -32 | 32 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 179,070 | -40,888 | -49,389 | 470,000 | -32,387 | -34,584 | 66,971 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -100,702 | -66,354 | 167,056 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 343,351 | -427,491 | 191,240 | 218,267 | 42,811 | 133,422 | -73,397 | 91,171 | 31,001 |
| overdraft | 54,924 | 0 | 8,501 | 32,387 | -32,700 | 0 | 32,700 | 0 | 0 |
| change in cash | 288,427 | -427,491 | 182,739 | 185,880 | 75,511 | 133,422 | -106,097 | 91,171 | 31,001 |
P&L
July 2022turnover
2m
-22%
operating profit
113.3k
0%
gross margin
24.3%
+0.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2022net assets
377.7k
+0.2%
total assets
1.3m
+0.19%
cash
550.4k
+1.66%
net assets
Total assets minus all liabilities
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welfare healthcare (uk) ltd company details
company number
08624459
Type
Private limited with Share Capital
industry
46460 - Wholesale of pharmaceutical goods
incorporation date
July 2013
age
11
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
68 friar gate, derby, DE1 1FP
last accounts submitted
July 2022
welfare healthcare (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 found 5 charges/mortgages relating to welfare healthcare (uk) ltd. Currently there are 3 open charges and 2 have been satisfied in the past.
welfare healthcare (uk) ltd Companies House Filings - See Documents
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