medexpress enterprises ltd
medexpress enterprises ltd Company Information
Company Number
08805262
Next Accounts
Sep 2025
Industry
Dispensing chemist in specialised stores
Directors
Shareholders
heliosx holdings limited
Group Structure
View All
Contact
Registered Address
87a worship street, london, EC2A 2BE
Website
www.medexpress.co.ukmedexpress enterprises ltd Estimated Valuation
Pomanda estimates the enterprise value of MEDEXPRESS ENTERPRISES LTD at £6.4m based on a Turnover of £14.5m and 0.44x industry multiple (adjusted for size and gross margin).
medexpress enterprises ltd Estimated Valuation
Pomanda estimates the enterprise value of MEDEXPRESS ENTERPRISES LTD at £0 based on an EBITDA of £-1.5m and a 5.4x industry multiple (adjusted for size and gross margin).
medexpress enterprises ltd Estimated Valuation
Pomanda estimates the enterprise value of MEDEXPRESS ENTERPRISES LTD at £18.9m based on Net Assets of £8.4m and 2.24x industry multiple (adjusted for liquidity).
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Medexpress Enterprises Ltd Overview
Medexpress Enterprises Ltd is a live company located in london, EC2A 2BE with a Companies House number of 08805262. It operates in the dispensing chemist in specialised stores sector, SIC Code 47730. Founded in December 2013, it's largest shareholder is heliosx holdings limited with a 100% stake. Medexpress Enterprises Ltd is a established, mid sized company, Pomanda has estimated its turnover at £14.5m with low growth in recent years.
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Medexpress Enterprises Ltd Health Check
Pomanda's financial health check has awarded Medexpress Enterprises Ltd a 4 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 £14.5m, make it in line with the average company (£13.5m)
£14.5m - Medexpress Enterprises Ltd
£13.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (7%)
3% - Medexpress Enterprises Ltd
7% - Industry AVG
Production
with a gross margin of 30.3%, this company has a comparable cost of product (32.4%)
30.3% - Medexpress Enterprises Ltd
32.4% - Industry AVG
Profitability
an operating margin of -12.1% make it less profitable than the average company (2.8%)
-12.1% - Medexpress Enterprises Ltd
2.8% - Industry AVG
Employees
with 174 employees, this is above the industry average (74)
174 - Medexpress Enterprises Ltd
74 - Industry AVG
Pay Structure
on an average salary of £63.9k, the company has a higher pay structure (£29.2k)
£63.9k - Medexpress Enterprises Ltd
£29.2k - Industry AVG
Efficiency
resulting in sales per employee of £83.2k, this is less efficient (£150.8k)
£83.2k - Medexpress Enterprises Ltd
£150.8k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (30 days)
2 days - Medexpress Enterprises Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (60 days)
14 days - Medexpress Enterprises Ltd
60 days - Industry AVG
Stock Days
it holds stock equivalent to 20 days, this is less than average (36 days)
20 days - Medexpress Enterprises Ltd
36 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 56 weeks, this is more cash available to meet short term requirements (13 weeks)
56 weeks - Medexpress Enterprises Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.2%, this is a lower level of debt than the average (59.5%)
14.2% - Medexpress Enterprises Ltd
59.5% - Industry AVG
MEDEXPRESS ENTERPRISES LTD financials
Medexpress Enterprises Ltd's latest turnover from December 2023 is £14.5 million and the company has net assets of £8.4 million. According to their latest financial statements, Medexpress Enterprises Ltd has 174 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 14,483,029 | 13,220,784 | 13,109,930 | 13,155,216 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 10,098,570 | 9,031,233 | 8,466,415 | 7,624,590 | ||||||
| Gross Profit | 4,384,459 | 4,189,551 | 4,643,515 | 5,530,626 | ||||||
| Admin Expenses | 6,133,338 | 3,410,694 | 2,453,220 | 2,210,650 | ||||||
| Operating Profit | -1,748,879 | 778,857 | 2,190,295 | 3,319,976 | ||||||
| Interest Payable | 0 | 0 | 0 | 0 | ||||||
| Interest Receivable | 0 | 0 | 0 | 1,057 | ||||||
| Pre-Tax Profit | -1,748,879 | 778,857 | 2,189,973 | 3,277,033 | ||||||
| Tax | 195,237 | 134,826 | -212,147 | -563,502 | ||||||
| Profit After Tax | -1,553,642 | 913,683 | 1,977,826 | 2,713,531 | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | ||||||
| Retained Profit | -1,553,642 | 913,683 | 1,977,826 | 2,713,531 | ||||||
| Employee Costs | 11,119,580 | 7,229,319 | 3,676,831 | 2,151,246 | ||||||
| Number Of Employees | 174 | 125 | 79 | 51 | 32 | |||||
| EBITDA* | -1,523,208 | 912,723 | 2,292,183 | 3,372,552 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 278,238 | 348,982 | 401,462 | 363,103 | 136,989 | 154,099 | 160,898 | 90,762 | 102,033 | 4,815 |
| Intangible Assets | 494,686 | 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) | 308,784 | 137,670 | 46,354 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,081,708 | 486,652 | 447,816 | 363,103 | 136,989 | 154,099 | 160,898 | 90,762 | 102,033 | 4,815 |
| Stock & work in progress | 561,159 | 824,685 | 629,624 | 764,938 | 324,222 | 495,295 | 685,883 | 0 | 0 | 0 |
| Trade Debtors | 115,498 | 70,580 | 42,712 | 56,756 | 206,828 | 73,616 | 50,198 | 109,826 | 0 | 26,571 |
| Group Debtors | 5,852,284 | 7,897,128 | 7,096,746 | 4,980,986 | 1,940,503 | 723,061 | 555,838 | 1,766,125 | 0 | 0 |
| Misc Debtors | 744,358 | 1,123,769 | 561,781 | 427,885 | 761,733 | 548,201 | 481,587 | 141,005 | 1,079,874 | 0 |
| Cash | 1,464,835 | 575,784 | 634,878 | 515,483 | 357,422 | 540,164 | 303,948 | 2,042,929 | 796,920 | 214,442 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,738,134 | 10,491,946 | 8,965,741 | 6,746,048 | 3,590,708 | 2,380,337 | 2,077,454 | 4,059,885 | 1,876,794 | 241,013 |
| total assets | 9,819,842 | 10,978,598 | 9,413,557 | 7,109,151 | 3,727,697 | 2,534,436 | 2,238,352 | 4,150,647 | 1,978,827 | 245,828 |
| 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 | 395,141 | 714,102 | 469,399 | 344,073 | 367,783 | 330,174 | 335,193 | 116,910 | 111,502 | 129,653 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 924,959 | 898,322 | 1,860,915 | 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 | 944,515 | 906,307 | 798,414 | 813,563 | 158,949 | 552,820 | 694,514 | 516,102 | 592,690 | 0 |
| total current liabilities | 1,339,656 | 1,620,409 | 1,267,813 | 1,157,636 | 526,732 | 1,807,953 | 1,928,029 | 2,493,927 | 704,192 | 129,653 |
| loans | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 59,523 | 83,645 | 95,072 | 64,084 | 27,065 | 0 | 0 | 18,152 | 20,365 | 0 |
| total long term liabilities | 59,523 | 83,645 | 95,072 | 64,084 | 27,065 | 0 | 0 | 18,152 | 20,365 | 0 |
| total liabilities | 1,399,179 | 1,704,054 | 1,362,885 | 1,221,720 | 553,797 | 1,807,953 | 1,928,029 | 2,512,079 | 724,557 | 129,653 |
| net assets | 8,420,663 | 9,274,544 | 8,050,672 | 5,887,431 | 3,173,900 | 726,483 | 310,323 | 1,638,568 | 1,254,270 | 116,175 |
| total shareholders funds | 8,420,663 | 9,274,544 | 8,050,672 | 5,887,431 | 3,173,900 | 726,483 | 310,323 | 1,638,568 | 1,254,270 | 116,175 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -1,748,879 | 778,857 | 2,190,295 | 3,319,976 | ||||||
| Depreciation | 97,230 | 133,866 | 101,888 | 52,576 | 42,213 | 51,366 | 53,633 | 29,837 | 23,110 | 926 |
| Amortisation | 128,441 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 195,237 | 134,826 | -212,147 | -563,502 | ||||||
| Stock | -263,526 | 195,061 | -135,314 | 440,716 | -171,073 | -190,588 | 685,883 | 0 | 0 | 0 |
| Debtors | -2,208,223 | 1,481,554 | 2,281,966 | 2,556,563 | 1,564,186 | 257,255 | -929,333 | 937,082 | 1,053,303 | 26,571 |
| Creditors | -318,961 | 244,703 | 125,326 | -23,710 | 37,609 | -5,019 | 218,283 | 5,408 | -18,151 | 129,653 |
| Accruals and Deferred Income | 38,208 | 107,893 | -15,149 | 654,614 | -393,871 | -141,694 | 178,412 | -76,588 | 592,690 | 0 |
| Deferred Taxes & Provisions | -24,122 | -11,427 | 30,988 | 37,019 | 27,065 | 0 | -18,152 | -2,213 | 20,365 | 0 |
| Cash flow from operations | 838,903 | -287,897 | 74,549 | 479,694 | ||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 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 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -924,959 | 26,637 | -962,593 | 1,860,915 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 0 | 0 | 0 | 1,057 | ||||||
| cash flow from financing | 699,761 | 310,189 | 185,415 | 1,057 | ||||||
| cash and cash equivalents | ||||||||||
| cash | 889,051 | -59,094 | 119,395 | 158,061 | -182,742 | 236,216 | -1,738,981 | 1,246,009 | 582,478 | 214,442 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 889,051 | -59,094 | 119,395 | 158,061 | -182,742 | 236,216 | -1,738,981 | 1,246,009 | 582,478 | 214,442 |
medexpress enterprises ltd Credit Report and Business Information
Medexpress Enterprises Ltd Competitor Analysis
Perform a competitor analysis for medexpress enterprises ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in EC2A area or any other competitors across 12 key performance metrics.
medexpress enterprises ltd Ownership
MEDEXPRESS ENTERPRISES LTD group structure
Medexpress Enterprises Ltd has no subsidiary companies.
medexpress enterprises ltd directors
Medexpress Enterprises Ltd currently has 1 director, Mr Dwayne D'Souza serving since Dec 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dwayne D'Souza | England | 42 years | Dec 2013 | - | Director |
P&L
December 2023turnover
14.5m
+10%
operating profit
-1.7m
-325%
gross margin
30.3%
-4.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
8.4m
-0.09%
total assets
9.8m
-0.11%
cash
1.5m
+1.54%
net assets
Total assets minus all liabilities
Similar Companies
medexpress enterprises ltd company details
company number
08805262
Type
Private limited with Share Capital
industry
47730 - Dispensing chemist in specialised stores
incorporation date
December 2013
age
12
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
DSG AUDIT
address
87a worship street, london, EC2A 2BE
Bank
-
Legal Advisor
-
medexpress enterprises 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 1 charges/mortgages relating to medexpress enterprises ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
medexpress enterprises ltd 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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medexpress enterprises ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
