healthbridge direct limited
healthbridge direct limited Company Information
Company Number
09116741
Next Accounts
Apr 2025
Shareholders
dr t. khan
dr imran umrani
View AllGroup Structure
View All
Industry
Specialist medical practice activities
Registered Address
the vintry redbridge lane east, ilford, IG4 5EY
Website
www.healthbridgedirect.co.ukhealthbridge direct limited Estimated Valuation
Pomanda estimates the enterprise value of HEALTHBRIDGE DIRECT LIMITED at £2.4m based on a Turnover of £4.1m and 0.57x industry multiple (adjusted for size and gross margin).
healthbridge direct limited Estimated Valuation
Pomanda estimates the enterprise value of HEALTHBRIDGE DIRECT LIMITED at £0 based on an EBITDA of £-140k and a 3.9x industry multiple (adjusted for size and gross margin).
healthbridge direct limited Estimated Valuation
Pomanda estimates the enterprise value of HEALTHBRIDGE DIRECT LIMITED at £1.3m based on Net Assets of £590.8k and 2.24x industry multiple (adjusted for liquidity).
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Healthbridge Direct Limited Overview
Healthbridge Direct Limited is a live company located in ilford, IG4 5EY with a Companies House number of 09116741. It operates in the specialists medical practice activities sector, SIC Code 86220. Founded in July 2014, it's largest shareholder is dr t. khan with a 3.2% stake. Healthbridge Direct Limited is a established, small sized company, Pomanda has estimated its turnover at £4.1m with healthy growth in recent years.
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Healthbridge Direct Limited Health Check
Pomanda's financial health check has awarded Healthbridge Direct Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £4.1m, make it larger than the average company (£376.1k)
- Healthbridge Direct Limited
£376.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (5.1%)
- Healthbridge Direct Limited
5.1% - Industry AVG
Production
with a gross margin of 55.3%, this company has a comparable cost of product (55.3%)
- Healthbridge Direct Limited
55.3% - Industry AVG
Profitability
an operating margin of -3.4% make it less profitable than the average company (15.6%)
- Healthbridge Direct Limited
15.6% - Industry AVG
Employees
with 114 employees, this is above the industry average (8)
114 - Healthbridge Direct Limited
8 - Industry AVG
Pay Structure
on an average salary of £29.8k, the company has an equivalent pay structure (£29.8k)
- Healthbridge Direct Limited
£29.8k - Industry AVG
Efficiency
resulting in sales per employee of £36.3k, this is less efficient (£74.9k)
- Healthbridge Direct Limited
£74.9k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (35 days)
- Healthbridge Direct Limited
35 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is close to average (38 days)
- Healthbridge Direct Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Healthbridge Direct Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 48 weeks, this is less cash available to meet short term requirements (86 weeks)
48 weeks - Healthbridge Direct Limited
86 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.3%, this is a higher level of debt than the average (30.7%)
88.3% - Healthbridge Direct Limited
30.7% - Industry AVG
HEALTHBRIDGE DIRECT LIMITED financials
Healthbridge Direct Limited's latest turnover from July 2023 is estimated at £4.1 million and the company has net assets of £590.8 thousand. According to their latest financial statements, Healthbridge Direct Limited has 114 employees and maintains cash reserves of £4.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 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 | 172,802 | 156,616 | |||||||
| Number Of Employees | 114 | 63 | 57 | 41 | 25 | 15 | 4 | 10 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,784 | 5,955 | 9,372 | 19,118 | 9,086 | 1,556 | 1,796 | 1,363 | 1,963 |
| Intangible Assets | |||||||||
| Investments & Other | 1 | 1 | 1 | 1 | 1 | 1 | |||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 3,784 | 5,956 | 9,373 | 19,119 | 9,087 | 1,557 | 1,797 | 1,363 | 1,963 |
| Stock & work in progress | |||||||||
| Trade Debtors | 89,380 | 1,609,335 | 428,600 | 463,840 | 365,724 | 555,785 | 324,325 | 733,860 | 212,022 |
| Group Debtors | |||||||||
| Misc Debtors | 774,707 | 50,016 | 332,262 | 433,168 | 34,652 | 85,809 | |||
| Cash | 4,179,963 | 3,030,911 | 2,465,158 | 1,797,121 | 1,141,407 | 210,089 | 142,314 | 159,238 | 211,164 |
| misc current assets | |||||||||
| total current assets | 5,044,050 | 4,690,262 | 3,226,020 | 2,694,129 | 1,507,131 | 765,874 | 501,291 | 978,907 | 423,186 |
| total assets | 5,047,834 | 4,696,218 | 3,235,393 | 2,713,248 | 1,516,218 | 767,431 | 503,088 | 980,270 | 425,149 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 175,209 | 124,436 | 455,301 | 127,267 | 88,096 | 452,030 | 109,537 | 131,548 | 244,017 |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 4,281,489 | 4,010,847 | 2,444,006 | 2,045,185 | 860,722 | 143,506 | 645,411 | ||
| total current liabilities | 4,456,698 | 4,135,283 | 2,899,307 | 2,172,452 | 948,818 | 452,030 | 253,043 | 776,959 | 244,017 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 127,805 | ||||||||
| provisions | 305 | 305 | 305 | 305 | 305 | 305 | 305 | 273 | 393 |
| total long term liabilities | 305 | 305 | 305 | 128,110 | 305 | 305 | 305 | 273 | 393 |
| total liabilities | 4,457,003 | 4,135,588 | 2,899,612 | 2,300,562 | 949,123 | 452,335 | 253,348 | 777,232 | 244,410 |
| net assets | 590,831 | 560,630 | 335,781 | 412,686 | 567,095 | 315,096 | 249,740 | 203,038 | 180,739 |
| total shareholders funds | 590,831 | 560,630 | 335,781 | 412,686 | 567,095 | 315,096 | 249,740 | 203,038 | 180,739 |
| Jul 2023 | Jul 2022 | Jul 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 10,857 | 12,732 | 12,113 | 5,533 | 1,370 | 1,973 | 1,176 | 981 | |
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | -795,264 | 898,489 | -136,146 | 531,284 | -190,061 | 196,808 | -460,692 | 607,647 | 212,022 |
| Creditors | 50,773 | -330,865 | 328,034 | 39,171 | -363,934 | 342,493 | -22,011 | -112,469 | 244,017 |
| Accruals and Deferred Income | 270,642 | 1,566,841 | 398,821 | 1,184,463 | 860,722 | -143,506 | -501,905 | 645,411 | |
| Deferred Taxes & Provisions | 32 | -120 | 393 | ||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | -1 | 1 | |||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | -127,805 | 127,805 | |||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 1,149,052 | 565,753 | 668,037 | 655,714 | 931,318 | 67,775 | -16,924 | -51,926 | 211,164 |
| overdraft | |||||||||
| change in cash | 1,149,052 | 565,753 | 668,037 | 655,714 | 931,318 | 67,775 | -16,924 | -51,926 | 211,164 |
healthbridge direct limited Credit Report and Business Information
Healthbridge Direct Limited Competitor Analysis
Perform a competitor analysis for healthbridge direct limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in IG4 area or any other competitors across 12 key performance metrics.
healthbridge direct limited Ownership
HEALTHBRIDGE DIRECT LIMITED group structure
Healthbridge Direct Limited has no subsidiary companies.
Ultimate parent company
HEALTHBRIDGE DIRECT LIMITED
09116741
healthbridge direct limited directors
Healthbridge Direct Limited currently has 7 directors. The longest serving directors include Dr Susan Iles (Nov 2014) and Dr Sivashanmugarajan Ramakrishnan (Jul 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Susan Iles | England | 69 years | Nov 2014 | - | Director |
| Dr Sivashanmugarajan Ramakrishnan | England | 48 years | Jul 2016 | - | Director |
| Dr Shabnam Ali | England | 49 years | Jan 2020 | - | Director |
| Dr Muhammad Tahir | England | 61 years | Jan 2020 | - | Director |
| Dr Amar Afzal | England | 49 years | Jan 2020 | - | Director |
| Dr Sangeetha Pazhanisami | England | 46 years | Jul 2021 | - | Director |
| Dr Humaira Bhatti | England | 53 years | Apr 2022 | - | Director |
P&L
July 2023turnover
4.1m
-58%
operating profit
-140k
0%
gross margin
55.4%
-7.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
590.8k
+0.05%
total assets
5m
+0.07%
cash
4.2m
+0.38%
net assets
Total assets minus all liabilities
healthbridge direct limited company details
company number
09116741
Type
Private limited with Share Capital
industry
86220 - Specialist medical practice activities
incorporation date
July 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
N/A
accountant
RAMSAY BROWN LLP
auditor
-
address
the vintry redbridge lane east, ilford, IG4 5EY
Bank
-
Legal Advisor
-
healthbridge direct 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 healthbridge direct limited.
healthbridge direct 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 HEALTHBRIDGE DIRECT LIMITED. This can take several minutes, an email will notify you when this has completed.
healthbridge direct limited Companies House Filings - See Documents
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