dore medical ltd
dore medical ltd Company Information
Company Number
08964375
Website
-Registered Address
9 dore road, sheffield, S17 3NA
Industry
Specialist medical practice activities
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
pradeep thumbikat 50%
deepa somaraja kurup 50%
dore medical ltd Estimated Valuation
Pomanda estimates the enterprise value of DORE MEDICAL LTD at £2.3m based on a Turnover of £6.1m and 0.38x industry multiple (adjusted for size and gross margin).
dore medical ltd Estimated Valuation
Pomanda estimates the enterprise value of DORE MEDICAL LTD at £709.3k based on an EBITDA of £207.5k and a 3.42x industry multiple (adjusted for size and gross margin).
dore medical ltd Estimated Valuation
Pomanda estimates the enterprise value of DORE MEDICAL LTD at £2.9m based on Net Assets of £1.5m and 1.95x industry multiple (adjusted for liquidity).
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Dore Medical Ltd Overview
Dore Medical Ltd is a live company located in sheffield, S17 3NA with a Companies House number of 08964375. It operates in the specialists medical practice activities sector, SIC Code 86220. Founded in March 2014, it's largest shareholder is pradeep thumbikat with a 50% stake. Dore Medical Ltd is a established, mid sized company, Pomanda has estimated its turnover at £6.1m with rapid growth in recent years.
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Dore Medical Ltd Health Check
Pomanda's financial health check has awarded Dore Medical Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £6.1m, make it larger than the average company (£488.2k)
- Dore Medical Ltd
£488.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 73%, show it is growing at a faster rate (5.4%)
- Dore Medical Ltd
5.4% - Industry AVG
Production
with a gross margin of 33%, this company has a higher cost of product (55.4%)
- Dore Medical Ltd
55.4% - Industry AVG
Profitability
an operating margin of 3.4% make it less profitable than the average company (13.8%)
- Dore Medical Ltd
13.8% - Industry AVG
Employees
with 49 employees, this is above the industry average (13)
- Dore Medical Ltd
13 - Industry AVG
Pay Structure
on an average salary of £28.8k, the company has an equivalent pay structure (£28.8k)
- Dore Medical Ltd
£28.8k - Industry AVG
Efficiency
resulting in sales per employee of £124.7k, this is more efficient (£68.8k)
- Dore Medical Ltd
£68.8k - Industry AVG
Debtor Days
it gets paid by customers after 96 days, this is later than average (30 days)
- Dore Medical Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (41 days)
- Dore Medical Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Dore Medical Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Dore Medical Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 11.2%, this is a lower level of debt than the average (30.3%)
11.2% - Dore Medical Ltd
30.3% - Industry AVG
DORE MEDICAL LTD financials
Dore Medical Ltd's latest turnover from March 2023 is estimated at £6.1 million and the company has net assets of £1.5 million. According to their latest financial statements, we estimate that Dore Medical Ltd has 49 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | 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 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 55,631 | 57,279 | 17,811 | 19,371 | 18,895 | 19,667 | 355 | 592 | 829 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 40,000 | 40,000 | 40,000 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 55,631 | 57,279 | 57,811 | 59,371 | 58,895 | 19,667 | 355 | 592 | 829 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,609,438 | 1,434,116 | 278,222 | 255,605 | 253,413 | 218,813 | 148,665 | 106,404 | 64,452 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 370,010 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 557,630 | 663,550 | 494,071 | 362,620 | 189,611 | 104,478 | 61,415 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,609,438 | 1,434,116 | 1,205,862 | 919,155 | 747,484 | 581,433 | 338,276 | 210,882 | 125,867 |
| total assets | 1,665,069 | 1,491,395 | 1,263,673 | 978,526 | 806,379 | 601,100 | 338,631 | 211,474 | 126,696 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 185,594 | 179,971 | 0 | 0 | 0 | 0 | 0 | 0 | 76,619 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 58,059 | 39,828 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 172,639 | 140,178 | 150,208 | 191,156 | 60,148 | 65,430 | 0 |
| total current liabilities | 185,594 | 179,971 | 172,639 | 140,178 | 150,208 | 191,156 | 118,207 | 105,258 | 76,619 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 185,594 | 179,971 | 172,639 | 140,178 | 150,208 | 191,156 | 118,207 | 105,258 | 76,619 |
| net assets | 1,479,475 | 1,311,424 | 1,091,034 | 838,348 | 656,171 | 409,944 | 220,424 | 106,216 | 50,077 |
| total shareholders funds | 1,479,475 | 1,311,424 | 1,091,034 | 838,348 | 656,171 | 409,944 | 220,424 | 106,216 | 50,077 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 3,500 | 2,264 | 2,249 | 1,760 | 1,182 | 237 | 237 | 119 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 175,322 | 785,884 | 392,627 | 2,192 | 34,600 | 70,148 | 42,261 | 41,952 | 64,452 |
| Creditors | 5,623 | 179,971 | 0 | 0 | 0 | 0 | 0 | -76,619 | 76,619 |
| Accruals and Deferred Income | 0 | -172,639 | 32,461 | -10,030 | -40,948 | 131,008 | -5,282 | 65,430 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | -40,000 | 0 | 0 | 40,000 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -58,059 | 18,231 | 39,828 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | -557,630 | -105,920 | 169,479 | 131,451 | 173,009 | 85,133 | 43,063 | 61,415 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -557,630 | -105,920 | 169,479 | 131,451 | 173,009 | 85,133 | 43,063 | 61,415 |
dore medical ltd Credit Report and Business Information
Dore Medical Ltd Competitor Analysis
Perform a competitor analysis for dore medical ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
dore medical ltd Ownership
DORE MEDICAL LTD group structure
Dore Medical Ltd has no subsidiary companies.
Ultimate parent company
DORE MEDICAL LTD
08964375
dore medical ltd directors
Dore Medical Ltd currently has 2 directors. The longest serving directors include Dr Deepa Kurup (Mar 2014) and Dr Pradeep Thumbikat (Mar 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Deepa Kurup | England | 50 years | Mar 2014 | - | Director |
| Dr Pradeep Thumbikat | United Kingdom | 55 years | Mar 2014 | - | Director |
P&L
March 2023turnover
6.1m
+42%
operating profit
207.5k
0%
gross margin
33.1%
-6.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.5m
+0.13%
total assets
1.7m
+0.12%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
dore medical ltd company details
company number
08964375
Type
Private limited with Share Capital
industry
86220 - Specialist medical practice activities
incorporation date
March 2014
age
10
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
9 dore road, sheffield, S17 3NA
last accounts submitted
March 2023
dore medical 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 did not find charges/mortgages relating to dore medical ltd.
dore medical ltd Companies House Filings - See Documents
| date | description | view/download |
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