myrtle medical services limited
myrtle medical services limited Company Information
Company Number
09816379
Website
-Registered Address
8 osbaldeston gardens, newcastle upon tyne, NE3 4JE
Industry
Other human health activities
Telephone
-
Next Accounts Due
July 2024
Group Structure
View All
Shareholders
ashok bandela 49.5%
vijaya bharathi bandela 49.5%
View Allmyrtle medical services limited Estimated Valuation
The estimated valuation range for myrtle medical services limited, derived from financial data as of October 2022 and the most recent industry multiples, is between £268.6k to £786.6k
myrtle medical services limited Estimated Valuation
The estimated valuation range for myrtle medical services limited, derived from financial data as of October 2022 and the most recent industry multiples, is between £268.6k to £786.6k
myrtle medical services limited Estimated Valuation
The estimated valuation range for myrtle medical services limited, derived from financial data as of October 2022 and the most recent industry multiples, is between £268.6k to £786.6k
Get a detailed valuation report, edit figures and unlock valuation multiples.
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Myrtle Medical Services Limited Overview
Myrtle Medical Services Limited is a live company located in newcastle upon tyne, NE3 4JE with a Companies House number of 09816379. It operates in the other human health activities sector, SIC Code 86900. Founded in October 2015, it's largest shareholder is ashok bandela with a 49.5% stake. Myrtle Medical Services Limited is a young, small sized company, Pomanda has estimated its turnover at £821.9k with declining growth in recent years.
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Myrtle Medical Services Limited Health Check
Pomanda's financial health check has awarded Myrtle Medical Services Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £821.9k, make it larger than the average company (£681.3k)
- Myrtle Medical Services Limited
£681.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (4.9%)
- Myrtle Medical Services Limited
4.9% - Industry AVG
Production
with a gross margin of 21.6%, this company has a higher cost of product (37.1%)
- Myrtle Medical Services Limited
37.1% - Industry AVG
Profitability
an operating margin of 9.7% make it more profitable than the average company (7.8%)
- Myrtle Medical Services Limited
7.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (17)
1 - Myrtle Medical Services Limited
17 - Industry AVG
Pay Structure
on an average salary of £23.7k, the company has an equivalent pay structure (£23.7k)
- Myrtle Medical Services Limited
£23.7k - Industry AVG
Efficiency
resulting in sales per employee of £821.9k, this is more efficient (£44.8k)
- Myrtle Medical Services Limited
£44.8k - Industry AVG
Debtor Days
it gets paid by customers after 156 days, this is later than average (23 days)
- Myrtle Medical Services Limited
23 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is slower than average (17 days)
- Myrtle Medical Services Limited
17 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Myrtle Medical Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Myrtle Medical Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15.4%, this is a lower level of debt than the average (24.8%)
15.4% - Myrtle Medical Services Limited
24.8% - Industry AVG
myrtle medical services limited Credit Report and Business Information
Myrtle Medical Services Limited Competitor Analysis
Perform a competitor analysis for myrtle medical services limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
myrtle medical services limited Ownership
MYRTLE MEDICAL SERVICES LIMITED group structure
Myrtle Medical Services Limited has no subsidiary companies.
Ultimate parent company
MYRTLE MEDICAL SERVICES LIMITED
09816379
myrtle medical services limited directors
Myrtle Medical Services Limited currently has 2 directors. The longest serving directors include Vijaya Bandela (Oct 2015) and Mr Ashok Bandela (Oct 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Vijaya Bandela | England | 59 years | Oct 2015 | - | Director |
| Mr Ashok Bandela | England | 61 years | Oct 2015 | - | Director |
MYRTLE MEDICAL SERVICES LIMITED financials
Myrtle Medical Services Limited's latest turnover from October 2022 is estimated at £821.9 thousand and the company has net assets of £317.8 thousand. According to their latest financial statements, Myrtle Medical Services Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 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 | 1 | 1 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 24,296 | 28,344 | 38,060 | 47,776 | 57,492 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 24,296 | 28,344 | 38,060 | 47,776 | 57,492 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 351,549 | 284,113 | 225,839 | 297,246 | 293,876 | 237,521 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 140,488 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 351,549 | 284,113 | 225,839 | 297,246 | 293,876 | 237,521 | 140,488 |
| total assets | 375,845 | 312,457 | 263,899 | 345,022 | 351,368 | 237,521 | 140,488 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 53,851 | 56,798 | 26,528 | 50,728 | 94,778 | 80,109 | 72,192 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 53,851 | 56,798 | 26,528 | 50,728 | 94,778 | 80,109 | 72,192 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 4,195 | 2,085 | 1,870 | 1,870 | 1,870 | 1,618 | 0 |
| other liabilities | 0 | 0 | 29,097 | 38,696 | 48,296 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 4,195 | 2,085 | 30,967 | 40,566 | 50,166 | 1,618 | 0 |
| total liabilities | 58,046 | 58,883 | 57,495 | 91,294 | 144,944 | 81,727 | 72,192 |
| net assets | 317,799 | 253,574 | 206,404 | 253,728 | 206,424 | 155,794 | 68,296 |
| total shareholders funds | 317,799 | 253,574 | 206,404 | 253,728 | 206,424 | 155,794 | 68,296 |
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | |||||
| Amortisation | 0 | 0 | |||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 67,436 | 58,274 | -71,407 | 3,370 | 56,355 | 237,521 | 0 |
| Creditors | -2,947 | 30,270 | -24,200 | -44,050 | 14,669 | 7,917 | 72,192 |
| Accruals and Deferred Income | 2,110 | 215 | 0 | 0 | 252 | 1,618 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -29,097 | -9,599 | -9,600 | 48,296 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | -140,488 | 140,488 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -140,488 | 140,488 |
P&L
October 2022turnover
821.9k
+15%
operating profit
79.3k
0%
gross margin
21.6%
+11.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
317.8k
+0.25%
total assets
375.8k
+0.2%
cash
0
0%
net assets
Total assets minus all liabilities
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myrtle medical services limited company details
company number
09816379
Type
Private limited with Share Capital
industry
86900 - Other human health activities
incorporation date
October 2015
age
9
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
8 osbaldeston gardens, newcastle upon tyne, NE3 4JE
last accounts submitted
October 2022
myrtle medical services 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 myrtle medical services limited.
myrtle medical services limited Companies House Filings - See Documents
| date | description | view/download |
|---|
