medplan ltd
medplan ltd Company Information
Company Number
09633625
Next Accounts
Mar 2025
Shareholders
mark tangri
Group Structure
View All
Industry
Dental practice activities
Registered Address
west wing, shorecroft, sandy lane, cannock, WS11 1RF
Website
-medplan ltd Estimated Valuation
Pomanda estimates the enterprise value of MEDPLAN LTD at £442k based on a Turnover of £727.4k and 0.61x industry multiple (adjusted for size and gross margin).
medplan ltd Estimated Valuation
Pomanda estimates the enterprise value of MEDPLAN LTD at £181.2k based on an EBITDA of £47.2k and a 3.84x industry multiple (adjusted for size and gross margin).
medplan ltd Estimated Valuation
Pomanda estimates the enterprise value of MEDPLAN LTD at £230.6k based on Net Assets of £74.1k and 3.11x industry multiple (adjusted for liquidity).
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Medplan Ltd Overview
Medplan Ltd is a live company located in cannock, WS11 1RF with a Companies House number of 09633625. It operates in the dental practice activities sector, SIC Code 86230. Founded in June 2015, it's largest shareholder is mark tangri with a 100% stake. Medplan Ltd is a established, small sized company, Pomanda has estimated its turnover at £727.4k with healthy growth in recent years.
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Medplan Ltd Health Check
Pomanda's financial health check has awarded Medplan Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
3 Weak
Size
annual sales of £727.4k, make it smaller than the average company (£936.7k)
£727.4k - Medplan Ltd
£936.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (2.8%)
- Medplan Ltd
2.8% - Industry AVG
Production
with a gross margin of 48.7%, this company has a comparable cost of product (48.7%)
48.7% - Medplan Ltd
48.7% - Industry AVG
Profitability
an operating margin of 4.5% make it less profitable than the average company (7.5%)
4.5% - Medplan Ltd
7.5% - Industry AVG
Employees
with 9 employees, this is similar to the industry average (11)
- Medplan Ltd
11 - Industry AVG
Pay Structure
on an average salary of £8k, the company has a lower pay structure (£20.7k)
- Medplan Ltd
£20.7k - Industry AVG
Efficiency
resulting in sales per employee of £80.8k, this is equally as efficient (£88.6k)
- Medplan Ltd
£88.6k - Industry AVG
Debtor Days
it gets paid by customers after 37 days, this is later than average (8 days)
37 days - Medplan Ltd
8 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Medplan Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Medplan Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is more cash available to meet short term requirements (2 weeks)
6 weeks - Medplan Ltd
2 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.4%, this is a similar level of debt than the average (56.6%)
56.4% - Medplan Ltd
56.6% - Industry AVG
MEDPLAN LTD financials
Medplan Ltd's latest turnover from June 2023 is £727.4 thousand and the company has net assets of £74.1 thousand. According to their latest financial statements, we estimate that Medplan Ltd has 9 employees and maintains cash reserves of £11.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 727,395 | 125,987 | ||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | 24,608 | -10,452 | ||||||
| Tax | ||||||||
| Profit After Tax | 24,608 | -10,452 | ||||||
| Dividends Paid | ||||||||
| Retained Profit | 24,608 | -10,452 | ||||||
| Employee Costs | 72,109 | |||||||
| Number Of Employees | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 83,722 | 33,496 | 39,407 | 26,361 | 16,013 | 6,839 | ||
| Intangible Assets | ||||||||
| Investments & Other | 8,046 | |||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 83,722 | 33,496 | 39,407 | 26,361 | 16,013 | 6,839 | 8,046 | |
| Stock & work in progress | ||||||||
| Trade Debtors | 74,338 | 69,739 | 31,668 | 24,665 | 22,333 | 27,812 | 13,665 | |
| Group Debtors | ||||||||
| Misc Debtors | ||||||||
| Cash | 11,725 | 3,215 | 56,490 | 2,940 | 3,811 | 3,858 | ||
| misc current assets | ||||||||
| total current assets | 86,063 | 72,954 | 88,158 | 27,605 | 26,144 | 27,812 | 17,523 | |
| total assets | 169,785 | 106,450 | 127,565 | 53,966 | 42,157 | 34,651 | 25,569 | |
| Bank overdraft | 1,192 | |||||||
| Bank loan | ||||||||
| Trade Creditors | 73,284 | 11,994 | 3,446 | 12,267 | 15,178 | |||
| Group/Directors Accounts | 25,000 | 25,000 | 25,000 | 25,000 | 30,518 | 22,000 | 20,842 | |
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 70,731 | 32,004 | ||||||
| total current liabilities | 95,731 | 57,004 | 98,284 | 36,994 | 33,964 | 35,459 | 36,020 | |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | ||||||||
| total liabilities | 95,731 | 57,004 | 98,284 | 36,994 | 33,964 | 35,459 | 36,020 | |
| net assets | 74,054 | 49,446 | 29,281 | 16,972 | 8,193 | -808 | -10,451 | |
| total shareholders funds | 74,054 | 49,446 | 29,281 | 16,972 | 8,193 | -808 | -10,451 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 14,774 | 5,911 | 6,954 | 4,652 | ||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | 4,599 | 38,071 | 7,003 | 2,332 | -5,479 | 14,147 | 13,665 | |
| Creditors | -73,284 | 61,290 | 8,548 | -8,821 | -2,911 | 15,178 | ||
| Accruals and Deferred Income | 38,727 | 32,004 | ||||||
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | -8,046 | 8,046 | ||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | -5,518 | 8,518 | 1,158 | 20,842 | ||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | 20,843 | |||||||
| cash and cash equivalents | ||||||||
| cash | 8,510 | -53,275 | 53,550 | -871 | 3,811 | -3,858 | 3,858 | |
| overdraft | -1,192 | 1,192 | ||||||
| change in cash | 8,510 | -53,275 | 53,550 | -871 | 5,003 | -5,050 | 3,858 |
medplan ltd Credit Report and Business Information
Medplan Ltd Competitor Analysis
Perform a competitor analysis for medplan ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in WS11 area or any other competitors across 12 key performance metrics.
medplan ltd Ownership
MEDPLAN LTD group structure
Medplan Ltd has no subsidiary companies.
Ultimate parent company
MEDPLAN LTD
09633625
medplan ltd directors
Medplan Ltd currently has 3 directors. The longest serving directors include Mr Mark Tangri (Jul 2019) and Dr Mark Tangri (Jul 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Tangri | England | 44 years | Jul 2019 | - | Director |
| Dr Mark Tangri | England | 44 years | Jul 2019 | - | Director |
| Mrs Elizabeth Wray | England | 54 years | Jan 2024 | - | Director |
P&L
June 2023turnover
727.4k
0%
operating profit
32.4k
0%
gross margin
48.7%
-100%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
74.1k
+0.5%
total assets
169.8k
+0.59%
cash
11.7k
+2.65%
net assets
Total assets minus all liabilities
Similar Companies
medplan ltd company details
company number
09633625
Type
Private limited with Share Capital
industry
86230 - Dental practice activities
incorporation date
June 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
WILLIAMS AND CO
auditor
-
address
west wing, shorecroft, sandy lane, cannock, WS11 1RF
Bank
-
Legal Advisor
-
medplan 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 medplan ltd.
medplan ltd 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.
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medplan ltd Companies House Filings - See Documents
| date | description | view/download |
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