Pomanda estimates the enterprise value of MAGNETIC NORTH MEDICAL LIMITED at £277.4k based on a Turnover of £665.2k and 0.42x industry multiple (adjusted for size and gross margin).
magnetic north medical limitedEstimated Valuation
£1.2m
Pomanda estimates the enterprise value of MAGNETIC NORTH MEDICAL LIMITED at £1.2m based on an EBITDA of £417.9k and a 2.85x industry multiple (adjusted for size and gross margin).
magnetic north medical limitedEstimated Valuation
£758.5k
Pomanda estimates the enterprise value of MAGNETIC NORTH MEDICAL LIMITED at £758.5k based on Net Assets of £338.5k and 2.24x industry multiple (adjusted for liquidity).
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Magnetic North Medical LimitedOverview
Magnetic North Medical Limited is a dissolved company that was located in newport, NP20 4PH with a Companies House number of 09932282. It operated in the specialists medical practice activities sector, SIC Code 86220. Founded in December 2015, it's largest shareholder was
ker-lee barnard
with a 50% stake. The last turnover for Magnetic North Medical Limited was estimated at £665.2k.
Pomanda's financial health check has awarded Magnetic North Medical 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
Health Rating4.5out of 5
5 Strong
1 Regular
4 Weak
Size
annual sales of £665.2k, make it larger than the average company (£368.6k)
£665.2k - Magnetic North Medical Limited
£368.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (2.4%)
13% - Magnetic North Medical Limited
2.4% - Industry AVG
Production
with a gross margin of 33%, this company has a higher cost of product (53.6%)
33% - Magnetic North Medical Limited
53.6% - Industry AVG
Profitability
an operating margin of 62.8% make it more profitable than the average company (11.4%)
62.8% - Magnetic North Medical Limited
11.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (14)
2 - Magnetic North Medical Limited
14 - Industry AVG
Pay Structure
on an average salary of £26.1k, the company has an equivalent pay structure (£26.1k)
£26.1k - Magnetic North Medical Limited
£26.1k - Industry AVG
Efficiency
resulting in sales per employee of £332.6k, this is more efficient (£66.5k)
£332.6k - Magnetic North Medical Limited
£66.5k - Industry AVG
Debtor Days
it gets paid by customers after 204 days, this is later than average (36 days)
204 days - Magnetic North Medical Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is quicker than average (40 days)
28 days - Magnetic North Medical Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Magnetic North Medical Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Magnetic North Medical Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.4%, this is a lower level of debt than the average (37.6%)
9.4% - Magnetic North Medical Limited
37.6% - Industry AVG
MAGNETIC NORTH MEDICAL LIMITED financials
EXPORT
Magnetic North Medical Limited's latest turnover from January 2021 is estimated at £665.2 thousand and the company has net assets of £338.5 thousand. According to their latest financial statements, Magnetic North Medical Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2021
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Turnover
665,237
673,967
458,710
404,630
224,445
Other Income Or Grants
Cost Of Sales
445,582
423,454
288,732
249,444
124,667
Gross Profit
219,655
250,513
169,978
155,187
99,778
Admin Expenses
-198,217
159,649
86,032
28,989
66,957
Operating Profit
417,872
90,864
83,946
126,198
32,821
Interest Payable
Interest Receivable
Pre-Tax Profit
417,872
90,864
83,946
126,198
32,821
Tax
-79,396
-17,264
-15,950
-23,978
-6,564
Profit After Tax
338,476
73,600
67,996
102,220
26,257
Dividends Paid
Retained Profit
338,476
73,600
67,996
102,220
26,257
Employee Costs
52,128
53,878
53,115
50,087
56,855
Number Of Employees
2
2
2
2
2
EBITDA*
417,872
90,864
83,946
126,198
32,821
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2021
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
373,471
323,326
248,628
186,788
71,124
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
373,471
323,326
248,628
186,788
71,124
total assets
373,471
323,326
248,628
186,788
71,124
Bank overdraft
Bank loan
Trade Creditors
34,995
51,987
50,158
57,631
44,867
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
34,995
51,987
50,158
57,631
44,867
loans
hp & lease commitments
Accruals and Deferred Income
1,266
1,997
680
other liabilities
provisions
total long term liabilities
1,266
1,997
680
total liabilities
34,995
53,253
52,155
58,311
44,867
net assets
338,476
270,073
196,473
128,477
26,257
total shareholders funds
338,476
270,073
196,473
128,477
26,257
Jan 2021
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Operating Activities
Operating Profit
417,872
90,864
83,946
126,198
32,821
Depreciation
Amortisation
Tax
-79,396
-17,264
-15,950
-23,978
-6,564
Stock
Debtors
373,471
74,698
61,840
115,664
71,124
Creditors
34,995
1,829
-7,473
12,764
44,867
Accruals and Deferred Income
-731
1,317
680
Deferred Taxes & Provisions
Cash flow from operations
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash
magnetic north medical limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for magnetic north medical limited. Get real-time insights into magnetic north medical limited's credit score, group structure and payment trends.
Magnetic North Medical Limited Competitor Analysis
Perform a competitor analysis for magnetic north medical limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other undefined companies, companies in NP20 area or any other competitors across 12 key performance metrics.
magnetic north medical limited Ownership
MAGNETIC NORTH MEDICAL LIMITED group structure
Magnetic North Medical Limited has no subsidiary companies.
Ultimate parent company
MAGNETIC NORTH MEDICAL LIMITED
09932282
MAGNETIC NORTH MEDICAL LIMITED Shareholders
The largest shareholders in Magnetic North Medical Limited include Ker-Lee Barnard and John Edward Barnard.
ker-lee barnard
50%
john edward barnard
50%
magnetic north medical limited directors
Magnetic North Medical Limited currently has 2 directors.
The longest serving directors include
Mrs Keri-Lee Barnard (Dec 2015) and
Mr John Barnard (Dec 2015).
magnetic north medical 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 magnetic north medical limited.
magnetic north medical 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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magnetic north medical limitedCompanies House Filings - See Documents
