r&n healthcare ltd
r&n healthcare ltd Company Information
Company Number
09884351
Website
-Registered Address
18 wychwood avenue, canons park, edgware, middlesex, HA8 6TH
Industry
Dispensing chemist in specialised stores
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
nishil patel 50%
rakhee shah 50%
r&n healthcare ltd Estimated Valuation
Pomanda estimates the enterprise value of R&N HEALTHCARE LTD at £215.1k based on a Turnover of £962.4k and 0.22x industry multiple (adjusted for size and gross margin).
r&n healthcare ltd Estimated Valuation
Pomanda estimates the enterprise value of R&N HEALTHCARE LTD at £393.7k based on an EBITDA of £144.3k and a 2.73x industry multiple (adjusted for size and gross margin).
r&n healthcare ltd Estimated Valuation
Pomanda estimates the enterprise value of R&N HEALTHCARE LTD at £756.3k based on Net Assets of £327k and 2.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
R&n Healthcare Ltd AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
R&n Healthcare Ltd Overview
R&n Healthcare Ltd is a live company located in edgware, HA8 6TH with a Companies House number of 09884351. It operates in the dispensing chemist in specialised stores sector, SIC Code 47730. Founded in November 2015, it's largest shareholder is nishil patel with a 50% stake. R&n Healthcare Ltd is a young, small sized company, Pomanda has estimated its turnover at £962.4k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
R&n Healthcare Ltd Health Check
Pomanda's financial health check has awarded R&N Healthcare Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
4 Weak
Size
annual sales of £962.4k, make it smaller than the average company (£12.1m)
- R&n Healthcare Ltd
£12.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (5.4%)
- R&n Healthcare Ltd
5.4% - Industry AVG
Production
with a gross margin of 26.6%, this company has a comparable cost of product (31.6%)
- R&n Healthcare Ltd
31.6% - Industry AVG
Profitability
an operating margin of 10.4% make it more profitable than the average company (3.4%)
- R&n Healthcare Ltd
3.4% - Industry AVG
Employees
with 5 employees, this is below the industry average (85)
5 - R&n Healthcare Ltd
85 - Industry AVG
Pay Structure
on an average salary of £22k, the company has an equivalent pay structure (£22k)
- R&n Healthcare Ltd
£22k - Industry AVG
Efficiency
resulting in sales per employee of £192.5k, this is more efficient (£139.2k)
- R&n Healthcare Ltd
£139.2k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is near the average (31 days)
- R&n Healthcare Ltd
31 days - Industry AVG
Creditor Days
its suppliers are paid after 420 days, this is slower than average (69 days)
- R&n Healthcare Ltd
69 days - Industry AVG
Stock Days
it holds stock equivalent to 33 days, this is in line with average (30 days)
- R&n Healthcare Ltd
30 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 29 weeks, this is more cash available to meet short term requirements (15 weeks)
29 weeks - R&n Healthcare Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.3%, this is a higher level of debt than the average (61.9%)
71.3% - R&n Healthcare Ltd
61.9% - Industry AVG
r&n healthcare ltd Credit Report and Business Information
R&n Healthcare Ltd Competitor Analysis
Perform a competitor analysis for r&n healthcare ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
r&n healthcare ltd Ownership
R&N HEALTHCARE LTD group structure
R&N Healthcare Ltd has no subsidiary companies.
Ultimate parent company
R&N HEALTHCARE LTD
09884351
r&n healthcare ltd directors
R&N Healthcare Ltd currently has 2 directors. The longest serving directors include Mr Nishil Patel (Nov 2015) and Miss Rakhee Shah (Nov 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nishil Patel | England | 39 years | Nov 2015 | - | Director |
| Miss Rakhee Shah | England | 38 years | Nov 2015 | - | Director |
R&N HEALTHCARE LTD financials
R&N Healthcare Ltd's latest turnover from March 2023 is estimated at £962.4 thousand and the company has net assets of £327 thousand. According to their latest financial statements, R&N Healthcare Ltd has 5 employees and maintains cash reserves of £463.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Nov 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 | 5 | 5 | 5 | 5 | 5 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Nov 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 27,697 | 36,378 | 609,767 | 641,380 | 678,892 | 730,538 | 0 |
| Intangible Assets | 491,003 | 526,273 | 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 | 518,700 | 562,651 | 609,767 | 641,380 | 678,892 | 730,538 | 0 |
| Stock & work in progress | 64,954 | 59,368 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 93,759 | 75,983 | 439,567 | 304,002 | 289,356 | 218,855 | 100 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 17,642 | 0 | 0 | 0 |
| Cash | 463,062 | 354,201 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 621,775 | 489,552 | 439,567 | 321,644 | 289,356 | 218,855 | 100 |
| total assets | 1,140,475 | 1,052,203 | 1,049,334 | 963,024 | 968,248 | 949,393 | 100 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 813,489 | 820,227 | 905,413 | 927,886 | 956,404 | 943,805 | 0 |
| 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 | 813,489 | 820,227 | 905,413 | 927,886 | 956,404 | 943,805 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 813,489 | 820,227 | 905,413 | 927,886 | 956,404 | 943,805 | 0 |
| net assets | 326,986 | 231,976 | 143,921 | 35,138 | 11,844 | 5,588 | 100 |
| total shareholders funds | 326,986 | 231,976 | 143,921 | 35,138 | 11,844 | 5,588 | 100 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Nov 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 9,094 | 0 | |||||
| Amortisation | 35,270 | 0 | |||||
| Tax | |||||||
| Stock | 5,586 | 59,368 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 17,776 | -363,584 | 117,923 | 32,288 | 70,501 | 218,855 | 100 |
| Creditors | -6,738 | -85,186 | -22,473 | -28,518 | 12,599 | 943,805 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 108,861 | 354,201 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 108,861 | 354,201 | 0 | 0 | 0 | 0 | 0 |
P&L
March 2023turnover
962.4k
+12%
operating profit
99.9k
0%
gross margin
26.6%
-3.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
327k
+0.41%
total assets
1.1m
+0.08%
cash
463.1k
+0.31%
net assets
Total assets minus all liabilities
Similar Companies
r&n healthcare ltd company details
company number
09884351
Type
Private limited with Share Capital
industry
47730 - Dispensing chemist in specialised stores
incorporation date
November 2015
age
9
accounts
Unaudited Abridged
ultimate parent company
previous names
highgate healthcare limited (July 2016)
incorporated
UK
address
18 wychwood avenue, canons park, edgware, middlesex, HA8 6TH
last accounts submitted
March 2023
r&n healthcare 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 r&n healthcare ltd.
r&n healthcare ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
