medical reporting solutions limited
medical reporting solutions limited Company Information
Company Number
09635614
Next Accounts
Dec 2025
Industry
Other human health activities
Directors
Shareholders
stephen mccourt
anne magee
View AllGroup Structure
View All
Contact
Registered Address
portland house, 54 new bridge street west, newcastle upon tyne, NE1 8AP
Website
-medical reporting solutions limited Estimated Valuation
Pomanda estimates the enterprise value of MEDICAL REPORTING SOLUTIONS LIMITED at £183.5k based on a Turnover of £325.4k and 0.56x industry multiple (adjusted for size and gross margin).
medical reporting solutions limited Estimated Valuation
Pomanda estimates the enterprise value of MEDICAL REPORTING SOLUTIONS LIMITED at £0 based on an EBITDA of £-118.4k and a 4.29x industry multiple (adjusted for size and gross margin).
medical reporting solutions limited Estimated Valuation
Pomanda estimates the enterprise value of MEDICAL REPORTING SOLUTIONS LIMITED at £6.6m based on Net Assets of £2.7m and 2.49x industry multiple (adjusted for liquidity).
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Medical Reporting Solutions Limited Overview
Medical Reporting Solutions Limited is a live company located in newcastle upon tyne, NE1 8AP with a Companies House number of 09635614. It operates in the other human health activities sector, SIC Code 86900. Founded in June 2015, it's largest shareholder is stephen mccourt with a 27.5% stake. Medical Reporting Solutions Limited is a established, micro sized company, Pomanda has estimated its turnover at £325.4k with declining growth in recent years.
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Medical Reporting Solutions Limited Health Check
Pomanda's financial health check has awarded Medical Reporting Solutions Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £325.4k, make it smaller than the average company (£730.5k)
- Medical Reporting Solutions Limited
£730.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (7.2%)
- Medical Reporting Solutions Limited
7.2% - Industry AVG
Production
with a gross margin of 38.4%, this company has a comparable cost of product (38.4%)
- Medical Reporting Solutions Limited
38.4% - Industry AVG
Profitability
an operating margin of -36.4% make it less profitable than the average company (5.2%)
- Medical Reporting Solutions Limited
5.2% - Industry AVG
Employees
with 8 employees, this is below the industry average (19)
8 - Medical Reporting Solutions Limited
19 - Industry AVG
Pay Structure
on an average salary of £26.5k, the company has an equivalent pay structure (£26.5k)
- Medical Reporting Solutions Limited
£26.5k - Industry AVG
Efficiency
resulting in sales per employee of £40.7k, this is equally as efficient (£45.5k)
- Medical Reporting Solutions Limited
£45.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Medical Reporting Solutions Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is slower than average (18 days)
- Medical Reporting Solutions Limited
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Medical Reporting Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 44 weeks, this is less cash available to meet short term requirements (128 weeks)
44 weeks - Medical Reporting Solutions Limited
128 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.6%, this is a higher level of debt than the average (21.9%)
45.6% - Medical Reporting Solutions Limited
21.9% - Industry AVG
MEDICAL REPORTING SOLUTIONS LIMITED financials
Medical Reporting Solutions Limited's latest turnover from March 2024 is estimated at £325.4 thousand and the company has net assets of £2.7 million. According to their latest financial statements, Medical Reporting Solutions Limited has 8 employees and maintains cash reserves of £1.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 8 | 8 | 8 | 9 | 11 | 12 | 12 | 11 | 11 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 5,505 | 16,126 | 86,863 | 272,026 | 584,930 | 1,317,601 | 2,212,378 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,979,747 | 2,994,329 | 2,641,431 | 2,455,218 | 2,423,117 | 2,382,518 | 2,153,506 | 1,528,425 | 432,538 |
| Cash | 1,898,121 | 2,017,621 | 1,990,937 | 1,712,494 | 1,528,231 | 816,668 | 468,561 | 72,955 | 311,297 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,877,868 | 5,011,950 | 4,637,873 | 4,183,838 | 4,038,211 | 3,471,212 | 3,206,997 | 2,918,981 | 2,956,213 |
| total assets | 4,877,868 | 5,011,950 | 4,637,873 | 4,183,838 | 4,038,211 | 3,471,212 | 3,206,997 | 2,918,981 | 2,956,213 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 18,737 | 17,334 | 0 | 0 | 0 | 0 | 550,377 | 1,123,541 | 1,646,617 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 2,206,672 | 2,326,576 | 2,142,804 | 1,951,800 | 2,138,003 | 2,130,914 | 1,854,627 | 1,366,804 | 1,116,076 |
| total current liabilities | 2,225,409 | 2,343,910 | 2,142,804 | 1,951,800 | 2,138,003 | 2,130,914 | 2,405,004 | 2,490,345 | 2,762,693 |
| 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 | 2,225,409 | 2,343,910 | 2,142,804 | 1,951,800 | 2,138,003 | 2,130,914 | 2,405,004 | 2,490,345 | 2,762,693 |
| net assets | 2,652,459 | 2,668,040 | 2,495,069 | 2,232,038 | 1,900,208 | 1,340,298 | 801,993 | 428,636 | 193,520 |
| total shareholders funds | 2,652,459 | 2,668,040 | 2,495,069 | 2,232,038 | 1,900,208 | 1,340,298 | 801,993 | 428,636 | 193,520 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -14,582 | 347,393 | 175,592 | -38,636 | -144,564 | -83,892 | -107,590 | 201,110 | 2,644,916 |
| Creditors | 1,403 | 17,334 | 0 | 0 | 0 | -550,377 | -573,164 | -523,076 | 1,646,617 |
| Accruals and Deferred Income | -119,904 | 183,772 | 191,004 | -186,203 | 7,089 | 276,287 | 487,823 | 250,728 | 1,116,076 |
| Deferred Taxes & Provisions | 0 | 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 | 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 | 0 | 0 | 0 | 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 | -119,500 | 26,684 | 278,443 | 184,263 | 711,563 | 348,107 | 395,606 | -238,342 | 311,297 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -119,500 | 26,684 | 278,443 | 184,263 | 711,563 | 348,107 | 395,606 | -238,342 | 311,297 |
medical reporting solutions limited Credit Report and Business Information
Medical Reporting Solutions Limited Competitor Analysis
Perform a competitor analysis for medical reporting solutions limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in NE1 area or any other competitors across 12 key performance metrics.
medical reporting solutions limited Ownership
MEDICAL REPORTING SOLUTIONS LIMITED group structure
Medical Reporting Solutions Limited has no subsidiary companies.
Ultimate parent company
MEDICAL REPORTING SOLUTIONS LIMITED
09635614
medical reporting solutions limited directors
Medical Reporting Solutions Limited currently has 1 director, Mr Peter Casey serving since May 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Casey | 54 years | May 2016 | - | Director |
P&L
March 2024turnover
325.4k
+4%
operating profit
-118.4k
0%
gross margin
38.5%
+2.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
2.7m
-0.01%
total assets
4.9m
-0.03%
cash
1.9m
-0.06%
net assets
Total assets minus all liabilities
medical reporting solutions limited company details
company number
09635614
Type
Private limited with Share Capital
industry
86900 - Other human health activities
incorporation date
June 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
medical reporting solutions no.1 limited (July 2015)
accountant
-
auditor
-
address
portland house, 54 new bridge street west, newcastle upon tyne, NE1 8AP
Bank
-
Legal Advisor
-
medical reporting solutions 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 medical reporting solutions limited.
medical reporting solutions 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.
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medical reporting solutions limited Companies House Filings - See Documents
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