change healthcare uk holdings limited
change healthcare uk holdings limited Company Information
Company Number
08722174
Next Accounts
Sep 2025
Shareholders
ali technologies (deutschland) gmbh
Group Structure
View All
Industry
Other human health activities
Registered Address
c/o moorcrofts llp, thames house, mere park, marlow, buckinghamshire, SL7 1PB
Website
-change healthcare uk holdings limited Estimated Valuation
Pomanda estimates the enterprise value of CHANGE HEALTHCARE UK HOLDINGS LIMITED at £3.6m based on a Turnover of £7.4m and 0.49x industry multiple (adjusted for size and gross margin).
change healthcare uk holdings limited Estimated Valuation
Pomanda estimates the enterprise value of CHANGE HEALTHCARE UK HOLDINGS LIMITED at £1.6m based on an EBITDA of £431.7k and a 3.77x industry multiple (adjusted for size and gross margin).
change healthcare uk holdings limited Estimated Valuation
Pomanda estimates the enterprise value of CHANGE HEALTHCARE UK HOLDINGS LIMITED at £8.6m based on Net Assets of £3.6m and 2.35x industry multiple (adjusted for liquidity).
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Change Healthcare Uk Holdings Limited Overview
Change Healthcare Uk Holdings Limited is a live company located in marlow, SL7 1PB with a Companies House number of 08722174. It operates in the other human health activities sector, SIC Code 86900. Founded in October 2013, it's largest shareholder is ali technologies (deutschland) gmbh with a 100% stake. Change Healthcare Uk Holdings Limited is a established, mid sized company, Pomanda has estimated its turnover at £7.4m with healthy growth in recent years.
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Change Healthcare Uk Holdings Limited Health Check
Pomanda's financial health check has awarded Change Healthcare Uk Holdings Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £9.1m, make it larger than the average company (£708.9k)
£9.1m - Change Healthcare Uk Holdings Limited
£708.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (5.4%)
16% - Change Healthcare Uk Holdings Limited
5.4% - Industry AVG
Production
with a gross margin of 39.6%, this company has a comparable cost of product (37.6%)
39.6% - Change Healthcare Uk Holdings Limited
37.6% - Industry AVG
Profitability
an operating margin of 4.1% make it less profitable than the average company (6.1%)
4.1% - Change Healthcare Uk Holdings Limited
6.1% - Industry AVG
Employees
with 55 employees, this is above the industry average (18)
55 - Change Healthcare Uk Holdings Limited
18 - Industry AVG
Pay Structure
on an average salary of £86.2k, the company has a higher pay structure (£25.1k)
£86.2k - Change Healthcare Uk Holdings Limited
£25.1k - Industry AVG
Efficiency
resulting in sales per employee of £165.1k, this is more efficient (£44.6k)
£165.1k - Change Healthcare Uk Holdings Limited
£44.6k - Industry AVG
Debtor Days
it gets paid by customers after 49 days, this is later than average (22 days)
49 days - Change Healthcare Uk Holdings Limited
22 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is close to average (19 days)
19 days - Change Healthcare Uk Holdings Limited
19 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Change Healthcare Uk Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (136 weeks)
4 weeks - Change Healthcare Uk Holdings Limited
136 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.7%, this is a higher level of debt than the average (22.9%)
46.7% - Change Healthcare Uk Holdings Limited
22.9% - Industry AVG
CHANGE HEALTHCARE UK HOLDINGS LIMITED financials
Change Healthcare Uk Holdings Limited's latest turnover from December 2023 is £7.4 million and the company has net assets of £3.6 million. According to their latest financial statements, Change Healthcare Uk Holdings Limited has 60 employees and maintains cash reserves of £698.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,398,749 | 9,082,704 | 8,121,960 | 7,777,593 | 5,881,524 | 7,224,442 | 4,974,454 | 5,097,118 | 5,668,563 | 1,612,445 | 2,694,017 |
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 5,573,504 | 5,484,124 | 5,908,828 | 5,753,377 | 3,626,400 | 5,451,997 | 2,724,315 | 2,831,623 | 3,528,031 | 557,145 | 841,096 |
| Gross Profit | 1,825,245 | 3,598,580 | 2,213,132 | 2,024,216 | 2,255,124 | 1,772,445 | 2,250,139 | 2,265,495 | 2,140,532 | 1,055,300 | 1,852,921 |
| Admin Expenses | 1,502,938 | 3,223,056 | 1,946,172 | 1,782,371 | 2,059,978 | 1,540,854 | |||||
| Operating Profit | 322,307 | 375,524 | 266,960 | 241,845 | 195,146 | 231,591 | |||||
| Interest Payable | |||||||||||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | 322,307 | 375,524 | 266,960 | 241,845 | 195,146 | 231,591 | 90,299 | 158,771 | 132,862 | 30,494 | 73,808 |
| Tax | -60,169 | -93,701 | -102,566 | -51,768 | -33,341 | -51,476 | 90,326 | -35,709 | -19,341 | -7,500 | -27,500 |
| Profit After Tax | 262,138 | 281,823 | 164,394 | 190,077 | 161,805 | 180,115 | 180,625 | 123,062 | 113,521 | 22,994 | 46,308 |
| Dividends Paid | |||||||||||
| Retained Profit | 262,138 | 281,823 | 164,394 | 190,077 | 161,805 | 180,115 | 180,625 | 123,062 | 113,521 | 22,994 | 46,308 |
| Employee Costs | 3,935,977 | 4,742,970 | 3,736,461 | 2,835,487 | 2,688,952 | 2,558,040 | 2,976,922 | 3,009,778 | 2,770,703 | 1,071,275 | 1,746,101 |
| Number Of Employees | 60 | 55 | 39 | 32 | 36 | 38 | 42 | 43 | 38 | 35 | 34 |
| EBITDA* | 431,730 | 704,561 | 457,669 | 449,281 | 308,836 | 355,516 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 121,582 | 231,005 | 376,903 | 526,147 | 692,118 | 494,924 | 117,311 | 212,445 | 140,137 | 48,480 | 53,901 |
| Intangible Assets | 183,139 | 224,604 | 266,069 | 307,534 | 349,000 | 390,465 | 413,782 | 453,505 | 470,056 | ||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 121,582 | 231,005 | 560,042 | 750,751 | 958,187 | 802,458 | 466,311 | 602,910 | 553,919 | 501,985 | 523,957 |
| Stock & work in progress | |||||||||||
| Trade Debtors | 2,551,499 | 1,228,201 | 2,178,320 | 1,501,117 | 1,522,883 | 2,079,674 | 1,482,826 | 1,168,305 | 2,631,048 | 1,674,194 | |
| Group Debtors | 1,908,587 | 2,682,655 | 77 | 60,818 | 13,118 | 214,944 | 272,805 | ||||
| Misc Debtors | 2,881,481 | 1,928,684 | 1,949,606 | 2,929,529 | 2,252,499 | 1,872,812 | 808,249 | 1,074,742 | 636,230 | 434,991 | 1,668,230 |
| Cash | 698,073 | 272,644 | 1,140,729 | 2,127,631 | 666,872 | 1,217,005 | 877,066 | 1,775,490 | 1,094,453 | 829,246 | 1,061,147 |
| misc current assets | |||||||||||
| total current assets | 8,039,640 | 6,112,184 | 5,268,732 | 6,558,277 | 4,442,254 | 5,169,491 | 3,228,959 | 4,018,537 | 4,374,849 | 3,153,375 | 3,002,182 |
| total assets | 8,161,222 | 6,343,189 | 5,828,774 | 7,309,028 | 5,400,441 | 5,971,949 | 3,695,270 | 4,621,447 | 4,928,768 | 3,655,360 | 3,526,139 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 167,057 | 286,442 | 67,564 | 70,398 | 109,041 | 207,333 | 96,311 | 84,856 | 46,691 | 8,938 | 296,468 |
| Group/Directors Accounts | 1,341,254 | 888,336 | 580,342 | 1,465,846 | 581,195 | 1,830,044 | 874,977 | 909,605 | 487,972 | 530,585 | |
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 3,010,730 | 1,772,476 | 2,086,865 | 2,931,469 | 2,114,934 | 1,531,360 | 1,384,509 | 1,627,789 | 2,061,709 | 1,361,208 | 924,838 |
| total current liabilities | 4,519,041 | 2,947,254 | 2,734,771 | 4,467,713 | 2,805,170 | 3,568,737 | 1,480,820 | 2,587,622 | 3,018,005 | 1,858,118 | 1,751,891 |
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | 409 | 16,302 | 38,055 | 52,965 | 38,901 | 8,647 | |||||
| total long term liabilities | 409 | 16,302 | 38,055 | 52,965 | 38,901 | 8,647 | |||||
| total liabilities | 4,519,450 | 2,963,556 | 2,772,826 | 4,520,678 | 2,844,071 | 3,577,384 | 1,480,820 | 2,587,622 | 3,018,005 | 1,858,118 | 1,751,891 |
| net assets | 3,641,772 | 3,379,633 | 3,055,948 | 2,788,350 | 2,556,370 | 2,394,565 | 2,214,450 | 2,033,825 | 1,910,763 | 1,797,242 | 1,774,248 |
| total shareholders funds | 3,641,772 | 3,379,633 | 3,055,948 | 2,788,350 | 2,556,370 | 2,394,565 | 2,214,450 | 2,033,825 | 1,910,763 | 1,797,242 | 1,774,248 |
| Dec 2023 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 322,307 | 375,524 | 266,960 | 241,845 | 195,146 | 231,591 | |||||
| Depreciation | 109,423 | 145,898 | 149,244 | 165,971 | 72,225 | 82,459 | 95,134 | 39,928 | 36,933 | 14,581 | 36,644 |
| Amortisation | 183,139 | 41,465 | 41,465 | 41,465 | 41,466 | 41,465 | 23,317 | 39,723 | 16,551 | 29,792 | |
| Tax | -60,169 | -93,701 | -102,566 | -51,768 | -33,341 | -51,476 | 90,326 | -35,709 | -19,341 | -7,500 | -27,500 |
| Stock | |||||||||||
| Debtors | 3,213,564 | 1,711,537 | -302,643 | 655,264 | -177,104 | 1,600,593 | 108,846 | -1,037,349 | 956,267 | 383,094 | 1,941,035 |
| Creditors | 99,493 | 218,878 | -2,834 | -38,643 | -98,292 | 111,022 | 11,455 | 38,165 | 37,753 | -287,530 | 296,468 |
| Accruals and Deferred Income | 923,865 | -314,389 | -844,604 | 816,535 | 583,574 | 146,851 | -243,280 | -433,920 | 700,501 | 436,370 | 924,838 |
| Deferred Taxes & Provisions | -37,646 | -21,753 | -14,910 | 14,064 | 30,254 | 8,647 | |||||
| Cash flow from operations | -1,856,291 | -1,217,941 | -204,602 | 534,205 | 968,135 | -1,030,033 | |||||
| Investing Activities | |||||||||||
| capital expenditure | -112,236 | 1,137,547 | |||||||||
| Change in Investments | |||||||||||
| cash flow from investments | -112,236 | 1,137,547 | |||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | 760,912 | 307,994 | -885,504 | 884,651 | -1,248,849 | 1,830,044 | -874,977 | -34,628 | 421,633 | -42,613 | 530,585 |
| Other Short Term Loans | |||||||||||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | 1,084,598 | 349,856 | -782,300 | 926,554 | -1,248,849 | 1,830,044 | -874,977 | -34,628 | 421,633 | -42,613 | 2,258,525 |
| cash and cash equivalents | |||||||||||
| cash | -442,656 | -868,085 | -986,902 | 1,460,759 | -550,133 | 339,939 | -898,424 | 681,037 | 265,207 | -231,901 | 1,061,147 |
| overdraft | |||||||||||
| change in cash | -442,656 | -868,085 | -986,902 | 1,460,759 | -550,133 | 339,939 | -898,424 | 681,037 | 265,207 | -231,901 | 1,061,147 |
change healthcare uk holdings limited Credit Report and Business Information
Change Healthcare Uk Holdings Limited Competitor Analysis
Perform a competitor analysis for change healthcare uk holdings limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other mid companies, companies in SL7 area or any other competitors across 12 key performance metrics.
change healthcare uk holdings limited Ownership
CHANGE HEALTHCARE UK HOLDINGS LIMITED group structure
Change Healthcare Uk Holdings Limited has no subsidiary companies.
Ultimate parent company
CHANGE HEALTHCARE LLC
#0094835
ALI TECHNOLOGIES (DEUTSCHLAND) GMBH
#0090958
2 parents
CHANGE HEALTHCARE UK HOLDINGS LIMITED
08722174
change healthcare uk holdings limited directors
Change Healthcare Uk Holdings Limited currently has 2 directors. The longest serving directors include Ms Irina Jinks (Apr 2024) and Mr Jason McTavish (May 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Irina Jinks | England | 49 years | Apr 2024 | - | Director |
| Mr Jason McTavish | England | 53 years | May 2024 | - | Director |
P&L
December 2023turnover
7.4m
-9%
operating profit
322.3k
+21%
gross margin
24.7%
-9.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.6m
+0.19%
total assets
8.2m
+0.4%
cash
698.1k
-0.39%
net assets
Total assets minus all liabilities
change healthcare uk holdings limited company details
company number
08722174
Type
Private limited with Share Capital
industry
86900 - Other human health activities
incorporation date
October 2013
age
12
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
mckesson technologies uk limited (January 2018)
accountant
-
auditor
DELOITTE IRELAND LLP
address
c/o moorcrofts llp, thames house, mere park, marlow, buckinghamshire, SL7 1PB
Bank
HSBC BANK PLC
Legal Advisor
LINKLATERS LLP
change healthcare uk holdings 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 did not find charges/mortgages relating to change healthcare uk holdings limited.
change healthcare uk holdings limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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change healthcare uk holdings limited Companies House Filings - See Documents
| date | description | view/download |
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