positive mental health limited
positive mental health limited Company Information
Company Number
08905035
Next Accounts
Sep 2025
Shareholders
g. ashworth
o. spruce
View AllGroup Structure
View All
Industry
Temporary employment agency activities
+1Registered Address
cannon green 3rd floor, 27 bush lane, london, EC4R 0AA
positive mental health limited Estimated Valuation
Pomanda estimates the enterprise value of POSITIVE MENTAL HEALTH LIMITED at £2.1m based on a Turnover of £10.4m and 0.2x industry multiple (adjusted for size and gross margin).
positive mental health limited Estimated Valuation
Pomanda estimates the enterprise value of POSITIVE MENTAL HEALTH LIMITED at £0 based on an EBITDA of £-165.5k and a 3.63x industry multiple (adjusted for size and gross margin).
positive mental health limited Estimated Valuation
Pomanda estimates the enterprise value of POSITIVE MENTAL HEALTH LIMITED at £177.9k based on Net Assets of £138.2k and 1.29x industry multiple (adjusted for liquidity).
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Positive Mental Health Limited Overview
Positive Mental Health Limited is a live company located in london, EC4R 0AA with a Companies House number of 08905035. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in February 2014, it's largest shareholder is g. ashworth with a 46.9% stake. Positive Mental Health Limited is a established, mid sized company, Pomanda has estimated its turnover at £10.4m with high growth in recent years.
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Positive Mental Health Limited Health Check
Pomanda's financial health check has awarded Positive Mental Health Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £10.4m, make it smaller than the average company (£13.5m)
- Positive Mental Health Limited
£13.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (6.3%)
- Positive Mental Health Limited
6.3% - Industry AVG
Production
with a gross margin of 21.8%, this company has a comparable cost of product (21.8%)
- Positive Mental Health Limited
21.8% - Industry AVG
Profitability
an operating margin of -1.7% make it less profitable than the average company (3.2%)
- Positive Mental Health Limited
3.2% - Industry AVG
Employees
with 35 employees, this is below the industry average (51)
35 - Positive Mental Health Limited
51 - Industry AVG
Pay Structure
on an average salary of £54.8k, the company has an equivalent pay structure (£54.8k)
- Positive Mental Health Limited
£54.8k - Industry AVG
Efficiency
resulting in sales per employee of £297.5k, this is more efficient (£217.8k)
- Positive Mental Health Limited
£217.8k - Industry AVG
Debtor Days
it gets paid by customers after 63 days, this is later than average (45 days)
- Positive Mental Health Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (7 days)
- Positive Mental Health Limited
7 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Positive Mental Health Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Positive Mental Health Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.9%, this is a higher level of debt than the average (69.3%)
93.9% - Positive Mental Health Limited
69.3% - Industry AVG
POSITIVE MENTAL HEALTH LIMITED financials
Positive Mental Health Limited's latest turnover from December 2023 is estimated at £10.4 million and the company has net assets of £138.2 thousand. According to their latest financial statements, Positive Mental Health Limited has 35 employees and maintains cash reserves of £12.1 thousand 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 | Jun 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 9,871,427 | 8,946,256 | 6,024,797 | 4,739,219 | 2,750,195 | 1,736,854 | 600,639 | 353,331 | ||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | 7,223,398 | 6,727,426 | 4,421,249 | 3,573,684 | 2,161,682 | 1,390,213 | 400,157 | 247,075 | ||
| Gross Profit | 2,648,029 | 2,218,830 | 1,603,548 | 1,165,535 | 588,513 | 346,641 | 200,482 | 106,256 | ||
| Admin Expenses | 2,331,925 | 1,859,237 | 1,363,275 | 1,080,046 | 571,076 | 323,395 | 170,824 | 271,768 | ||
| Operating Profit | 316,104 | 359,593 | 240,273 | 85,489 | 17,437 | 23,246 | 29,658 | -165,512 | ||
| Interest Payable | 1,371 | 557 | ||||||||
| Interest Receivable | ||||||||||
| Pre-Tax Profit | 316,104 | 359,593 | 240,273 | 85,489 | 17,437 | 23,246 | 28,287 | -166,069 | ||
| Tax | -60,060 | -37,653 | -26,107 | |||||||
| Profit After Tax | 256,044 | 321,940 | 214,166 | 85,489 | 17,437 | 23,246 | 28,287 | -166,069 | ||
| Dividends Paid | 37,458 | 103,449 | ||||||||
| Retained Profit | 218,586 | 218,491 | 214,166 | 85,489 | 17,437 | 23,246 | 28,287 | -166,069 | ||
| Employee Costs | 2,425,699 | 492,582 | 128,607 | |||||||
| Number Of Employees | 35 | 26 | 24 | 12 | 3 | 5 | 5 | 4 | ||
| EBITDA* | 317,904 | 360,693 | 241,473 | 85,489 | 18,056 | 25,785 | 30,337 | -164,313 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jun 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 22,390 | 29,417 | 26,447 | 24,601 | 17,900 | 2,160 | 2,638 | 4,551 | 2,771 | 2,978 |
| Intangible Assets | 96 | 128 | 128 | 128 | 128 | 128 | 269 | 897 | 1,790 | 1,885 |
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 22,486 | 29,545 | 26,575 | 24,729 | 18,028 | 2,288 | 2,907 | 5,448 | 4,561 | 4,863 |
| Stock & work in progress | ||||||||||
| Trade Debtors | 1,798,139 | 2,028,138 | 1,488,268 | 1,300,950 | 600,387 | 691,548 | 261,836 | 222,849 | 158,926 | 97,657 |
| Group Debtors | ||||||||||
| Misc Debtors | 425,206 | 499,001 | 401,383 | 598,408 | 294,373 | 101,165 | 25,619 | 24,744 | 27,332 | 17,013 |
| Cash | 12,103 | 2,458 | 10,209 | 1,843 | 2,244 | 31,861 | 3,036 | 368 | ||
| misc current assets | ||||||||||
| total current assets | 2,235,448 | 2,529,597 | 1,899,860 | 1,899,358 | 894,760 | 794,556 | 289,699 | 279,454 | 189,294 | 115,038 |
| total assets | 2,257,934 | 2,559,142 | 1,926,435 | 1,924,087 | 912,788 | 796,844 | 292,606 | 284,902 | 193,855 | 119,901 |
| Bank overdraft | 50,000 | 28,826 | ||||||||
| Bank loan | ||||||||||
| Trade Creditors | 117,794 | 168,399 | 56,102 | 21,943 | 107,975 | 50,613 | 12,000 | 30,197 | 16,561 | 14,576 |
| Group/Directors Accounts | 223 | 112,436 | ||||||||
| other short term finances | 1,649,384 | 1,281,480 | 1,188,774 | 589,102 | 456,104 | 295,536 | ||||
| hp & lease commitments | ||||||||||
| other current liabilities | 2,001,912 | 337,437 | 403,516 | 535,683 | 273,364 | 461,872 | 174,475 | 354,920 | 314,976 | 271,294 |
| total current liabilities | 2,119,706 | 2,155,220 | 1,741,098 | 1,796,400 | 999,267 | 968,812 | 482,011 | 497,553 | 331,537 | 285,870 |
| loans | ||||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | ||||||||||
| provisions | ||||||||||
| total long term liabilities | ||||||||||
| total liabilities | 2,119,706 | 2,155,220 | 1,741,098 | 1,796,400 | 999,267 | 968,812 | 482,011 | 497,553 | 331,537 | 285,870 |
| net assets | 138,228 | 403,922 | 185,337 | 127,687 | -86,479 | -171,968 | -189,405 | -212,651 | -137,682 | -165,969 |
| total shareholders funds | 138,228 | 403,922 | 185,337 | 127,687 | -86,479 | -171,968 | -189,405 | -212,651 | -137,682 | -165,969 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jun 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 316,104 | 359,593 | 240,273 | 85,489 | 17,437 | 23,246 | 29,658 | -165,512 | ||
| Depreciation | 7,804 | 1,800 | 1,100 | 1,200 | 478 | 1,912 | 1,940 | 374 | 784 | |
| Amortisation | 32 | 141 | 627 | 893 | 305 | 415 | ||||
| Tax | -60,060 | -37,653 | -26,107 | |||||||
| Stock | ||||||||||
| Debtors | -303,794 | 637,488 | -9,707 | 1,004,598 | 102,047 | 505,258 | 39,862 | 61,335 | 71,588 | 114,670 |
| Creditors | -50,605 | 112,297 | 34,159 | -86,032 | 57,362 | 38,613 | -18,197 | 13,636 | 1,985 | 14,576 |
| Accruals and Deferred Income | 1,664,475 | -66,079 | -132,167 | 262,319 | -188,508 | 287,397 | -180,445 | 39,944 | 43,682 | 271,294 |
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | -333,426 | 234,739 | -612,945 | -147,704 | -161,192 | -212,719 | 4,416 | 6,887 | ||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | -223 | 223 | -112,436 | 112,436 | ||||||
| Other Short Term Loans | -1,649,384 | 367,904 | 92,706 | 599,672 | 132,998 | 160,568 | 295,536 | |||
| Long term loans | ||||||||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | ||||||||||
| share issue | ||||||||||
| interest | -1,371 | -557 | ||||||||
| cash flow from financing | 367,903 | -68,135 | 599,672 | 132,775 | 160,791 | 183,100 | -1,371 | -457 | ||
| cash and cash equivalents | ||||||||||
| cash | 9,645 | -7,751 | 10,209 | -1,843 | -401 | -29,617 | 28,825 | 2,668 | 368 | |
| overdraft | -50,000 | 21,174 | 28,826 | |||||||
| change in cash | 9,645 | -7,751 | 60,209 | -21,174 | -30,669 | -401 | -29,617 | 28,825 | 2,668 | 368 |
positive mental health limited Credit Report and Business Information
Positive Mental Health Limited Competitor Analysis
Perform a competitor analysis for positive mental health limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in EC4R area or any other competitors across 12 key performance metrics.
positive mental health limited Ownership
POSITIVE MENTAL HEALTH LIMITED group structure
Positive Mental Health Limited has no subsidiary companies.
Ultimate parent company
1 parent
POSITIVE MENTAL HEALTH LIMITED
08905035
positive mental health limited directors
Positive Mental Health Limited currently has 3 directors. The longest serving directors include Mr Christopher Ledbury (Mar 2014) and Mr Gary Ashworth (Mar 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Ledbury | 62 years | Mar 2014 | - | Director | |
| Mr Gary Ashworth | 64 years | Mar 2014 | - | Director | |
| Mrs Olivia Spruce | England | 47 years | Dec 2018 | - | Director |
P&L
December 2023turnover
10.4m
+5%
operating profit
-173.3k
0%
gross margin
21.9%
-18.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
138.2k
-0.66%
total assets
2.3m
-0.12%
cash
12.1k
+3.92%
net assets
Total assets minus all liabilities
Similar Companies
positive mental health limited company details
company number
08905035
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
February 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
positive healthcare limited (November 2015)
accountant
EFM
auditor
-
address
cannon green 3rd floor, 27 bush lane, london, EC4R 0AA
Bank
-
Legal Advisor
-
positive mental health 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 4 charges/mortgages relating to positive mental health limited. Currently there are 3 open charges and 1 have been satisfied in the past.
positive mental health 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 POSITIVE MENTAL HEALTH LIMITED. This can take several minutes, an email will notify you when this has completed.
positive mental health limited Companies House Filings - See Documents
| date | description | view/download |
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