Pomanda estimates the enterprise value of DIRECT HEALTHCARE 24 LIMITED at £6.8m based on a Turnover of £21.5m and 0.32x industry multiple (adjusted for size and gross margin).
direct healthcare 24 limitedEstimated Valuation
£25m
Pomanda estimates the enterprise value of DIRECT HEALTHCARE 24 LIMITED at £25m based on an EBITDA of £3.7m and a 6.68x industry multiple (adjusted for size and gross margin).
direct healthcare 24 limitedEstimated Valuation
£4.2m
Pomanda estimates the enterprise value of DIRECT HEALTHCARE 24 LIMITED at £4.2m based on Net Assets of £3.5m and 1.21x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Direct Healthcare 24 LimitedOverview
Direct Healthcare 24 Limited is a live company located in harrow, HA1 1BE with a Companies House number of 08741677. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in October 2013, it's largest shareholder is
tapa holdings limited
with a 60% stake. Direct Healthcare 24 Limited is a established,
large sized company, Pomanda has estimated its turnover at
£21.5m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Direct Healthcare 24 Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
7 Strong
2 Regular
2 Weak
Size
annual sales of £21.5m, make it larger than the average company (£13.6m)
£21.5m - Direct Healthcare 24 Limited
£13.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (4.7%)
14% - Direct Healthcare 24 Limited
4.7% - Industry AVG
Production
with a gross margin of 36.7%, this company has a lower cost of product (18.4%)
36.7% - Direct Healthcare 24 Limited
18.4% - Industry AVG
Profitability
an operating margin of 17.4% make it more profitable than the average company (2.8%)
17.4% - Direct Healthcare 24 Limited
2.8% - Industry AVG
Employees
with 40 employees, this is similar to the industry average (50)
40 - Direct Healthcare 24 Limited
50 - Industry AVG
Pay Structure
on an average salary of £76.4k, the company has a higher pay structure (£49.5k)
£76.4k - Direct Healthcare 24 Limited
£49.5k - Industry AVG
Efficiency
resulting in sales per employee of £537k, this is more efficient (£242.2k)
£537k - Direct Healthcare 24 Limited
£242.2k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is near the average (46 days)
46 days - Direct Healthcare 24 Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (3 days)
1 days - Direct Healthcare 24 Limited
3 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Direct Healthcare 24 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 39 weeks, this is more cash available to meet short term requirements (7 weeks)
39 weeks - Direct Healthcare 24 Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.1%, this is a lower level of debt than the average (73.1%)
33.1% - Direct Healthcare 24 Limited
73.1% - Industry AVG
DIRECT HEALTHCARE 24 LIMITED financials
EXPORT
Direct Healthcare 24 Limited's latest turnover from September 2023 is £21.5 million and the company has net assets of £3.5 million. According to their latest financial statements, Direct Healthcare 24 Limited has 40 employees and maintains cash reserves of £1.3 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
Turnover
21,481,208
24,325,320
18,125,220
14,631,064
8,052,566
2,399,695
1,342,787
1,613,820
2,075,028
558,978
Other Income Or Grants
Cost Of Sales
13,606,458
15,448,665
11,073,373
8,917,507
5,282,292
1,707,909
923,625
1,043,215
1,296,579
359,495
Gross Profit
7,874,750
8,876,655
7,051,847
5,713,557
2,770,274
691,786
419,162
570,605
778,449
199,483
Admin Expenses
4,130,145
4,028,795
3,443,925
2,362,710
1,217,434
168,020
73,613
224,748
298,314
165,845
Operating Profit
3,744,605
4,847,860
3,607,922
3,350,847
1,552,840
523,766
345,549
345,857
480,135
33,638
Interest Payable
Interest Receivable
8,280
229
86
1,436
1,759
994
1,197
1,315
Pre-Tax Profit
3,752,885
4,848,089
3,608,008
3,352,283
1,554,599
524,760
346,746
347,172
480,135
33,638
Tax
-828,858
-922,976
-687,862
-639,484
-296,012
-99,772
-67,694
-69,554
-98,596
-6,247
Profit After Tax
2,924,027
3,925,113
2,920,146
2,712,799
1,258,587
424,988
279,052
277,618
381,539
27,391
Dividends Paid
2,252,230
3,261,873
2,661,795
2,419,126
762,127
Retained Profit
671,797
663,240
258,351
293,673
496,460
424,988
279,052
277,618
381,539
27,391
Employee Costs
3,054,806
3,172,907
2,794,377
2,086,081
954,594
116,961
42,484
163,598
233,126
85,900
Number Of Employees
40
41
36
25
22
6
3
7
7
4
EBITDA*
3,744,605
4,847,860
3,607,922
3,351,166
1,553,287
524,294
346,252
346,795
480,760
34,472
* 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
Tangible Assets
1,336
1,583
2,111
2,814
1,876
2,501
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,336
1,583
2,111
2,814
1,876
2,501
Stock & work in progress
Trade Debtors
2,752,626
4,685,238
3,228,516
2,895,039
1,919,752
616,556
10,002
123,921
232,919
90,638
Group Debtors
518,750
282,465
Misc Debtors
634,518
176,653
93,724
59,932
8,884
Cash
1,322,168
499,216
1,170,645
735,464
409,621
875,455
974,589
784,556
455,175
124,701
misc current assets
308
219
173
total current assets
5,228,062
5,361,107
4,775,350
3,690,435
2,338,257
1,492,319
984,591
908,477
688,313
215,512
total assets
5,228,062
5,361,107
4,775,350
3,690,435
2,339,593
1,493,902
986,702
911,291
690,189
218,013
Bank overdraft
540,800
864,864
Bank loan
Trade Creditors
47,207
25,803
7,981
4,135
9,988
3,975
219
2,021
4,204
Group/Directors Accounts
7,031
2,851
other short term finances
5,699
hp & lease commitments
other current liabilities
1,677,050
1,961,164
1,739,436
1,778,731
718,560
375,342
120,826
124,524
179,238
86,418
total current liabilities
1,729,956
2,534,798
2,612,281
1,785,717
728,548
379,317
120,826
124,743
181,259
90,622
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
1,729,956
2,534,798
2,612,281
1,785,717
728,548
379,317
120,826
124,743
181,259
90,622
net assets
3,498,106
2,826,309
2,163,069
1,904,718
1,611,045
1,114,585
865,876
786,548
508,930
127,391
total shareholders funds
3,498,106
2,826,309
2,163,069
1,904,718
1,611,045
1,114,585
865,876
786,548
508,930
127,391
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Operating Activities
Operating Profit
3,744,605
4,847,860
3,607,922
3,350,847
1,552,840
523,766
345,549
345,857
480,135
33,638
Depreciation
319
447
528
703
938
625
834
Amortisation
Tax
-828,858
-922,976
-687,862
-639,484
-296,012
-99,772
-67,694
-69,554
-98,596
-6,247
Stock
Debtors
-955,997
1,257,186
649,734
1,026,335
1,312,080
606,554
-113,919
-108,998
142,281
90,638
Creditors
21,404
17,822
3,846
-5,853
6,013
3,975
-219
-1,802
-2,183
4,204
Accruals and Deferred Income
-284,114
221,728
-39,295
1,060,171
343,218
254,516
-3,698
-54,714
92,820
86,418
Deferred Taxes & Provisions
Cash flow from operations
3,609,034
2,907,248
2,234,877
2,739,665
294,426
76,459
388,560
329,723
330,520
28,209
Investing Activities
capital expenditure
-1,876
-3,335
Change in Investments
cash flow from investments
-1,876
-3,335
Financing Activities
Bank loans
Group/Directors Accounts
-7,031
7,031
-2,851
2,851
Other Short Term Loans
5,699
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-176,279
-199,724
100,000
interest
8,280
229
86
1,436
1,759
994
1,197
1,315
cash flow from financing
6,948
7,260
-2,765
4,287
1,759
-175,285
-198,527
1,315
100,000
cash and cash equivalents
cash
822,952
-671,429
435,181
325,843
-465,834
-99,134
190,033
329,381
330,474
124,701
overdraft
-540,800
-324,064
864,864
change in cash
1,363,752
-347,365
-429,683
325,843
-465,834
-99,134
190,033
329,381
330,474
124,701
direct healthcare 24 limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for direct healthcare 24 limited. Get real-time insights into direct healthcare 24 limited's credit score, group structure and payment trends.
Perform a competitor analysis for direct healthcare 24 limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in HA1 area or any other competitors across 12 key performance metrics.
direct healthcare 24 limited Ownership
DIRECT HEALTHCARE 24 LIMITED group structure
Direct Healthcare 24 Limited has no subsidiary companies.
The largest shareholders in Direct Healthcare 24 Limited include Tapa Holdings Limited and Nicholas Poturicich.
tapa holdings limited
60%
nicholas poturicich
40%
direct healthcare 24 limited directors
Direct Healthcare 24 Limited currently has 5 directors.
The longest serving directors include
Mr Christopher Coyle (Oct 2013) and
Mr Nicholas Poturicich (Oct 2013).
hygeia building 1st floor, 66-68 college road, harrow, HA1 1BE
Bank
-
Legal Advisor
-
direct healthcare 24 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 1 charges/mortgages relating to direct healthcare 24 limited. Currently there are 1 open charges and 0 have been satisfied in the past.
direct healthcare 24 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.
Click to start generating capital raising & share issue transactions for DIRECT HEALTHCARE 24 LIMITED. This can take several minutes, an email will notify you when this has completed.
direct healthcare 24 limitedCompanies House Filings - See Documents
