north lancashire medical services limited
north lancashire medical services limited Company Information
Company Number
08898208
Next Accounts
Nov 2024
Industry
Specialist medical practice activities
General medical practice activities
Shareholders
irfan zafar
nigel capewell
View AllGroup Structure
View All
Contact
Registered Address
york bridge surgery, james street, morecambe, lancashire, LA4 5TE
Website
-north lancashire medical services limited Estimated Valuation
Pomanda estimates the enterprise value of NORTH LANCASHIRE MEDICAL SERVICES LIMITED at £602.3k based on a Turnover of £1.3m and 0.45x industry multiple (adjusted for size and gross margin).
north lancashire medical services limited Estimated Valuation
Pomanda estimates the enterprise value of NORTH LANCASHIRE MEDICAL SERVICES LIMITED at £0 based on an EBITDA of £-19.2k and a 3.52x industry multiple (adjusted for size and gross margin).
north lancashire medical services limited Estimated Valuation
Pomanda estimates the enterprise value of NORTH LANCASHIRE MEDICAL SERVICES LIMITED at £0 based on Net Assets of £-67.9k and 2.66x industry multiple (adjusted for liquidity).
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North Lancashire Medical Services Limited Overview
North Lancashire Medical Services Limited is a dissolved company that was located in morecambe, LA4 5TE with a Companies House number of 08898208. It operated in the general medical practice activities sector, SIC Code 86210. Founded in February 2014, it's largest shareholder was irfan zafar with a 20% stake. The last turnover for North Lancashire Medical Services Limited was estimated at £1.3m.
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North Lancashire Medical Services Limited Health Check
Pomanda's financial health check has awarded North Lancashire Medical Services 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
1 Regular
5 Weak
Size
annual sales of £1.3m, make it larger than the average company (£296.7k)
- North Lancashire Medical Services Limited
£296.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 504%, show it is growing at a faster rate (6%)
- North Lancashire Medical Services Limited
6% - Industry AVG
Production
with a gross margin of 33.8%, this company has a higher cost of product (56.8%)
- North Lancashire Medical Services Limited
56.8% - Industry AVG
Profitability
an operating margin of -1.4% make it less profitable than the average company (18.3%)
- North Lancashire Medical Services Limited
18.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (23)
2 - North Lancashire Medical Services Limited
23 - Industry AVG
Pay Structure
on an average salary of £26.2k, the company has an equivalent pay structure (£26.2k)
- North Lancashire Medical Services Limited
£26.2k - Industry AVG
Efficiency
resulting in sales per employee of £671.3k, this is more efficient (£67.9k)
- North Lancashire Medical Services Limited
£67.9k - Industry AVG
Debtor Days
it gets paid by customers after 156 days, this is later than average (39 days)
- North Lancashire Medical Services Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 231 days, this is slower than average (32 days)
- North Lancashire Medical Services Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- North Lancashire Medical Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - North Lancashire Medical Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 111.8%, this is a higher level of debt than the average (44.6%)
111.8% - North Lancashire Medical Services Limited
44.6% - Industry AVG
NORTH LANCASHIRE MEDICAL SERVICES LIMITED financials
North Lancashire Medical Services Limited's latest turnover from March 2018 is estimated at £1.3 million and the company has net assets of -£67.9 thousand. According to their latest financial statements, North Lancashire Medical Services Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|
| 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 | 2 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|
| Tangible Assets | 1,277 | 955 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,277 | 955 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 575,327 | 219,797 | 60,194 | 233 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 121,601 | 37,307 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 575,327 | 219,797 | 181,795 | 37,540 |
| total assets | 576,604 | 220,752 | 181,795 | 37,540 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 562,984 | 187,970 | 70,309 | 7,240 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 562,984 | 187,970 | 70,309 | 7,240 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 81,500 | 81,500 | 111,500 | 81,500 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 81,500 | 81,500 | 111,500 | 81,500 |
| total liabilities | 644,484 | 269,470 | 181,809 | 88,740 |
| net assets | -67,880 | -48,718 | -14 | -51,200 |
| total shareholders funds | -67,880 | -48,718 | -14 | -51,200 |
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | ||
| Amortisation | 0 | 0 | ||
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 355,530 | 159,603 | 59,961 | 233 |
| Creditors | 375,014 | 117,661 | 63,069 | 7,240 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -30,000 | 30,000 | 81,500 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | -121,601 | 84,294 | 37,307 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | -121,601 | 84,294 | 37,307 |
north lancashire medical services limited Credit Report and Business Information
North Lancashire Medical Services Limited Competitor Analysis
Perform a competitor analysis for north lancashire medical services limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other undefined companies, companies in LA4 area or any other competitors across 12 key performance metrics.
north lancashire medical services limited Ownership
NORTH LANCASHIRE MEDICAL SERVICES LIMITED group structure
North Lancashire Medical Services Limited has no subsidiary companies.
Ultimate parent company
NORTH LANCASHIRE MEDICAL SERVICES LIMITED
08898208
north lancashire medical services limited directors
North Lancashire Medical Services Limited currently has 7 directors. The longest serving directors include Dr Rahul Keith (Apr 2014) and Dr Jonathan Wimborne (Apr 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Rahul Keith | United Kingdom | 42 years | Apr 2014 | - | Director |
| Dr Jonathan Wimborne | England | 59 years | Apr 2014 | - | Director |
| Dr Kirsty Hagan | England | 43 years | May 2016 | - | Director |
| Dr Samuel Moon | United Kingdom | 49 years | May 2016 | - | Director |
| Dr Muhammad Akhtar | England | 48 years | May 2016 | - | Director |
| Dr Christopher Coldwell | England | 43 years | May 2016 | - | Director |
| Mrs Lauren Butler | England | 57 years | Apr 2018 | - | Director |
P&L
March 2018turnover
1.3m
+66%
operating profit
-19.2k
0%
gross margin
33.9%
-6.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2018net assets
-67.9k
+0.39%
total assets
576.6k
+1.61%
cash
0
0%
net assets
Total assets minus all liabilities
north lancashire medical services limited company details
company number
08898208
Type
Private limited with Share Capital
industry
86220 - Specialist medical practice activities
86210 - General medical practice activities
incorporation date
February 2014
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2018
previous names
N/A
accountant
-
auditor
-
address
york bridge surgery, james street, morecambe, lancashire, LA4 5TE
Bank
-
Legal Advisor
-
north lancashire medical services 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 north lancashire medical services limited.
north lancashire medical services limited Companies House Filings - See Documents
| date | description | view/download |
|---|
