local primary care ltd
local primary care ltd Company Information
Company Number
09348776
Website
https://lpcfederate.co.ukRegistered Address
ams medical accountants, floor 2, 9 portland street, manchester, M1 3BE
Industry
General medical practice activities
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
irfan zafar 33.3%
mohammed umer 33.3%
View Alllocal primary care ltd Estimated Valuation
Pomanda estimates the enterprise value of LOCAL PRIMARY CARE LTD at £9.6m based on a Turnover of £13.3m and 0.73x industry multiple (adjusted for size and gross margin).
local primary care ltd Estimated Valuation
Pomanda estimates the enterprise value of LOCAL PRIMARY CARE LTD at £3.1m based on an EBITDA of £515k and a 6.02x industry multiple (adjusted for size and gross margin).
local primary care ltd Estimated Valuation
Pomanda estimates the enterprise value of LOCAL PRIMARY CARE LTD at £395.2k based on Net Assets of £1.4m and 0.28x industry multiple (adjusted for liquidity).
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Local Primary Care Ltd Overview
Local Primary Care Ltd is a live company located in manchester, M1 3BE with a Companies House number of 09348776. It operates in the general medical practice activities sector, SIC Code 86210. Founded in December 2014, it's largest shareholder is irfan zafar with a 33.3% stake. Local Primary Care Ltd is a established, mid sized company, Pomanda has estimated its turnover at £13.3m with rapid growth in recent years.
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Local Primary Care Ltd Health Check
Pomanda's financial health check has awarded Local Primary Care Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 0 areas for improvement. Company Health Check FAQs
5 Strong
6 Regular
0 Weak
Size
annual sales of £13.3m, make it larger than the average company (£2.1m)
- Local Primary Care Ltd
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 74%, show it is growing at a faster rate (7%)
- Local Primary Care Ltd
7% - Industry AVG
Production
with a gross margin of 35.6%, this company has a comparable cost of product (35.6%)
- Local Primary Care Ltd
35.6% - Industry AVG
Profitability
an operating margin of 3.9% make it as profitable than the average company (3.7%)
- Local Primary Care Ltd
3.7% - Industry AVG
Employees
with 114 employees, this is above the industry average (24)
114 - Local Primary Care Ltd
24 - Industry AVG
Pay Structure
on an average salary of £29.9k, the company has an equivalent pay structure (£29.9k)
- Local Primary Care Ltd
£29.9k - Industry AVG
Efficiency
resulting in sales per employee of £116.6k, this is more efficient (£74.8k)
- Local Primary Care Ltd
£74.8k - Industry AVG
Debtor Days
it gets paid by customers after 42 days, this is near the average (38 days)
- Local Primary Care Ltd
38 days - Industry AVG
Creditor Days
its suppliers are paid after 87 days, this is slower than average (28 days)
- Local Primary Care Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Local Primary Care Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 47 weeks, this is average cash available to meet short term requirements (41 weeks)
47 weeks - Local Primary Care Ltd
41 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.2%, this is a similar level of debt than the average (62.3%)
59.2% - Local Primary Care Ltd
62.3% - Industry AVG
LOCAL PRIMARY CARE LTD financials
Local Primary Care Ltd's latest turnover from March 2023 is estimated at £13.3 million and the company has net assets of £1.4 million. According to their latest financial statements, Local Primary Care Ltd has 114 employees and maintains cash reserves of £1.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Dec 2017 | Dec 2016 | Dec 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 | 114 | 98 | 57 | 11 | 10 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 29,339 | 33,829 | 39,294 | 17,134 | 5,088 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 29,339 | 33,829 | 39,294 | 17,134 | 5,088 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,563,744 | 1,857,812 | 1,423,114 | 61,966 | 1,384,576 | 403,451 | 42,207 | 55,500 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 1,879,771 | 2,007,802 | 1,079,611 | 1,360,811 | 0 | 0 | 91,537 | 3,346 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,443,515 | 3,865,614 | 2,502,725 | 1,422,777 | 1,384,576 | 403,451 | 133,744 | 58,846 |
| total assets | 3,472,854 | 3,899,443 | 2,542,019 | 1,439,911 | 1,389,664 | 403,451 | 133,744 | 58,846 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,056,434 | 2,967,099 | 2,108,978 | 1,236,070 | 1,299,330 | 384,660 | 132,543 | 60,308 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,056,434 | 2,967,099 | 2,108,978 | 1,236,070 | 1,299,330 | 384,660 | 132,543 | 60,308 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,056,434 | 2,967,099 | 2,108,978 | 1,236,070 | 1,299,330 | 384,660 | 132,543 | 60,308 |
| net assets | 1,416,420 | 932,344 | 433,041 | 203,841 | 90,334 | 18,791 | 1,201 | -1,462 |
| total shareholders funds | 1,416,420 | 932,344 | 433,041 | 203,841 | 90,334 | 18,791 | 1,201 | -1,462 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 6,039 | 0 | 0 | 0 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -294,068 | 434,698 | 1,361,148 | -1,322,610 | 1,384,576 | 361,244 | -13,293 | 55,500 |
| Creditors | -910,665 | 858,121 | 872,908 | -63,260 | 1,299,330 | 252,117 | 72,235 | 60,308 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -128,031 | 928,191 | -281,200 | 1,360,811 | 0 | -91,537 | 88,191 | 3,346 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -128,031 | 928,191 | -281,200 | 1,360,811 | 0 | -91,537 | 88,191 | 3,346 |
local primary care ltd Credit Report and Business Information
Local Primary Care Ltd Competitor Analysis
Perform a competitor analysis for local primary care ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other mid companies, companies in M 1 area or any other competitors across 12 key performance metrics.
local primary care ltd Ownership
LOCAL PRIMARY CARE LTD group structure
Local Primary Care Ltd has no subsidiary companies.
Ultimate parent company
LOCAL PRIMARY CARE LTD
09348776
local primary care ltd directors
Local Primary Care Ltd currently has 8 directors. The longest serving directors include Dr Mohammed Umer (Dec 2014) and Dr Tanveer Ahmed (Dec 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Mohammed Umer | England | 44 years | Dec 2014 | - | Director |
| Dr Tanveer Ahmed | England | 49 years | Dec 2014 | - | Director |
| Mrs Jolene Gregory | England | 45 years | May 2015 | - | Director |
| Dr Ridwaan Ahmed | England | 42 years | Jul 2020 | - | Director |
| Dr Pervez Muzaffar | England | 61 years | Jul 2020 | - | Director |
| Mrs Julie Kenyon | England | 54 years | Jan 2022 | - | Director |
| Dr Mohammed Moosa | England | 38 years | May 2022 | - | Director |
| Dr Adam Black | England | 50 years | Sep 2022 | - | Director |
P&L
March 2023turnover
13.3m
-12%
operating profit
515k
0%
gross margin
35.6%
-5.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.4m
+0.52%
total assets
3.5m
-0.11%
cash
1.9m
-0.06%
net assets
Total assets minus all liabilities
local primary care ltd company details
company number
09348776
Type
Private limited with Share Capital
industry
86210 - General medical practice activities
incorporation date
December 2014
age
10
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
lancashire healthcare limited (December 2014)
last accounts submitted
March 2023
address
ams medical accountants, floor 2, 9 portland street, manchester, M1 3BE
accountant
-
auditor
-
local primary care 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 local primary care ltd.
local primary care ltd Companies House Filings - See Documents
| date | description | view/download |
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