finr medical limited
finr medical limited Company Information
Company Number
09161945
Next Accounts
832 days late
Directors
Shareholders
choudry farakh iqbal
nama rashid
Group Structure
View All
Industry
Hospital activities
+1Registered Address
6 shrubland road, london, E10 7EP
Website
-finr medical limited Estimated Valuation
Pomanda estimates the enterprise value of FINR MEDICAL LIMITED at £54.2k based on a Turnover of £117.1k and 0.46x industry multiple (adjusted for size and gross margin).
finr medical limited Estimated Valuation
Pomanda estimates the enterprise value of FINR MEDICAL LIMITED at £49.1k based on an EBITDA of £14.4k and a 3.4x industry multiple (adjusted for size and gross margin).
finr medical limited Estimated Valuation
Pomanda estimates the enterprise value of FINR MEDICAL LIMITED at £32.9k based on Net Assets of £11.7k and 2.81x industry multiple (adjusted for liquidity).
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Finr Medical Limited Overview
Finr Medical Limited is a live company located in london, E10 7EP with a Companies House number of 09161945. It operates in the hospital activities sector, SIC Code 86101. Founded in August 2014, it's largest shareholder is choudry farakh iqbal with a 50% stake. Finr Medical Limited is a established, micro sized company, Pomanda has estimated its turnover at £117.1k with high growth in recent years.
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Finr Medical Limited Health Check
Pomanda's financial health check has awarded Finr Medical 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
1 Regular
7 Weak
Size
annual sales of £117.1k, make it smaller than the average company (£2.2m)
- Finr Medical Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (3.6%)
- Finr Medical Limited
3.6% - Industry AVG
Production
with a gross margin of 21.8%, this company has a higher cost of product (41.2%)
- Finr Medical Limited
41.2% - Industry AVG
Profitability
an operating margin of 12.3% make it more profitable than the average company (7.4%)
- Finr Medical Limited
7.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (38)
2 - Finr Medical Limited
38 - Industry AVG
Pay Structure
on an average salary of £29.8k, the company has an equivalent pay structure (£29.8k)
- Finr Medical Limited
£29.8k - Industry AVG
Efficiency
resulting in sales per employee of £58.6k, this is less efficient (£70.9k)
- Finr Medical Limited
£70.9k - Industry AVG
Debtor Days
it gets paid by customers after 120 days, this is later than average (28 days)
- Finr Medical Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (34 days)
- Finr Medical Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Finr Medical Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Finr Medical Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.5%, this is a higher level of debt than the average (52.3%)
76.5% - Finr Medical Limited
52.3% - Industry AVG
FINR MEDICAL LIMITED financials
Finr Medical Limited's latest turnover from February 2021 is estimated at £117.1 thousand and the company has net assets of £11.7 thousand. According to their latest financial statements, Finr Medical Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2021 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 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 | 2 | 2 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2021 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 11,039 | 9,249 | 13,789 | 15,697 | 14,696 | 404 |
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 11,039 | 9,249 | 13,789 | 15,697 | 14,696 | 404 |
| Stock & work in progress | ||||||
| Trade Debtors | 38,744 | 14,755 | 9,836 | 8,062 | 19,945 | |
| Group Debtors | ||||||
| Misc Debtors | ||||||
| Cash | 3,066 | 441 | ||||
| misc current assets | ||||||
| total current assets | 38,744 | 14,755 | 9,836 | 3,066 | 8,062 | 20,386 |
| total assets | 49,783 | 24,004 | 23,625 | 18,763 | 22,758 | 20,790 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 5,297 | 22,570 | 21,709 | 8,468 | 15,420 | 10,057 |
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | ||||||
| total current liabilities | 5,297 | 22,570 | 21,709 | 8,468 | 15,420 | 10,057 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | 1,300 | 1,680 | ||||
| other liabilities | 32,800 | |||||
| provisions | ||||||
| total long term liabilities | 32,800 | 1,300 | 1,680 | |||
| total liabilities | 38,097 | 23,870 | 23,389 | 8,468 | 15,420 | 10,057 |
| net assets | 11,686 | 134 | 236 | 10,295 | 7,338 | 10,733 |
| total shareholders funds | 11,686 | 134 | 236 | 10,295 | 7,338 | 10,733 |
| Feb 2021 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 3,708 | 135 | ||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | 38,744 | 4,919 | 9,836 | -8,062 | -11,883 | 19,945 |
| Creditors | 5,297 | 861 | 13,241 | -6,952 | 5,363 | 10,057 |
| Accruals and Deferred Income | -380 | 1,680 | ||||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| 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 | 32,800 | |||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -3,066 | 3,066 | -441 | 441 | ||
| overdraft | ||||||
| change in cash | -3,066 | 3,066 | -441 | 441 |
finr medical limited Credit Report and Business Information
Finr Medical Limited Competitor Analysis
Perform a competitor analysis for finr medical limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in E10 area or any other competitors across 12 key performance metrics.
finr medical limited Ownership
FINR MEDICAL LIMITED group structure
Finr Medical Limited has no subsidiary companies.
Ultimate parent company
FINR MEDICAL LIMITED
09161945
finr medical limited directors
Finr Medical Limited currently has 1 director, Mr Choudry Iqbal serving since Aug 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Choudry Iqbal | England | 40 years | Aug 2014 | - | Director |
P&L
February 2021turnover
117.1k
0%
operating profit
14.4k
0%
gross margin
21.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2021net assets
11.7k
0%
total assets
49.8k
0%
cash
0
0%
net assets
Total assets minus all liabilities
finr medical limited company details
company number
09161945
Type
Private limited with Share Capital
industry
86101 - Hospital activities
86210 - General medical practice activities
incorporation date
August 2014
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2021
previous names
N/A
accountant
-
auditor
-
address
6 shrubland road, london, E10 7EP
Bank
-
Legal Advisor
-
finr medical 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 finr medical limited.
finr medical 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 FINR MEDICAL LIMITED. This can take several minutes, an email will notify you when this has completed.
finr medical limited Companies House Filings - See Documents
| date | description | view/download |
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