Pomanda estimates the enterprise value of MEDESK LIMITED at £76k based on a Turnover of £98.1k and 0.78x industry multiple (adjusted for size and gross margin).
medesk limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of MEDESK LIMITED at £0 based on an EBITDA of £-370.4k and a 4.62x industry multiple (adjusted for size and gross margin).
medesk limitedEstimated Valuation
£1.1m
Pomanda estimates the enterprise value of MEDESK LIMITED at £1.1m based on Net Assets of £465.4k and 2.36x industry multiple (adjusted for liquidity).
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Medesk LimitedOverview
Medesk Limited is a live company located in london, W1B 3HH with a Companies House number of 10118056. It operates in the business and domestic software development sector, SIC Code 62012. Founded in April 2016, it's largest shareholder is
vladimir kovalskii
with a 50.4% stake. Medesk Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£98.1k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Medesk Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
3 Regular
6 Weak
Size
annual sales of £98.1k, make it smaller than the average company (£4.6m)
£98.1k - Medesk Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (10.3%)
4% - Medesk Limited
10.3% - Industry AVG
Production
with a gross margin of 71.7%, this company has a comparable cost of product (71.7%)
71.7% - Medesk Limited
71.7% - Industry AVG
Profitability
an operating margin of -378% make it less profitable than the average company (3.4%)
-378% - Medesk Limited
3.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (42)
2 - Medesk Limited
42 - Industry AVG
Pay Structure
on an average salary of £71.8k, the company has an equivalent pay structure (£71.8k)
£71.8k - Medesk Limited
£71.8k - Industry AVG
Efficiency
resulting in sales per employee of £49.1k, this is less efficient (£122.9k)
£49.1k - Medesk Limited
£122.9k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (58 days)
0 days - Medesk Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (41 days)
3 days - Medesk Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Medesk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1746 weeks, this is more cash available to meet short term requirements (17 weeks)
1746 weeks - Medesk Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.4%, this is a similar level of debt than the average (63.2%)
57.4% - Medesk Limited
63.2% - Industry AVG
MEDESK LIMITED financials
EXPORT
Medesk Limited's latest turnover from December 2023 is estimated at £98.1 thousand and the company has net assets of £465.4 thousand. According to their latest financial statements, Medesk Limited has 2 employees and maintains cash reserves of £95.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Turnover
98,124
181,824
174,721
86,149
100,159
432,204
101,519
Other Income Or Grants
Cost Of Sales
27,768
52,322
47,327
23,779
25,735
114,496
27,349
Gross Profit
70,355
129,502
127,394
62,370
74,425
317,708
74,170
Admin Expenses
441,255
572,430
512,836
342,431
250,879
351,314
450,184
112,024
Operating Profit
-370,900
-442,928
-385,442
-280,061
-176,454
-351,314
-132,476
-37,854
Interest Payable
17
17
18
Interest Receivable
5,156
3,316
141
178
195
1,618
314
32
Pre-Tax Profit
-365,744
-439,612
-385,301
-279,900
-176,276
-349,715
-132,162
-37,822
Tax
Profit After Tax
-365,744
-439,612
-385,301
-279,900
-176,276
-349,715
-132,162
-37,822
Dividends Paid
Retained Profit
-365,744
-439,612
-385,301
-279,900
-176,276
-349,715
-132,162
-37,822
Employee Costs
143,616
272,349
253,240
60,216
56,070
236,724
56,882
Number Of Employees
2
4
4
1
1
4
1
EBITDA*
-370,398
-441,494
-384,129
-279,186
-176,156
-351,314
-132,476
-37,854
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Tangible Assets
1,156
1,658
1,453
2,766
3,641
Intangible Assets
Investments & Other
2,090
2,090
2,090
2,090
2,090
2,090
2,000
2,000
Debtors (Due After 1 year)
Total Fixed Assets
3,246
3,748
3,543
4,856
5,731
2,090
2,000
2,000
Stock & work in progress
Trade Debtors
218
167
1,428
Group Debtors
1,291,280
Misc Debtors
993,297
1,050,172
1,202,006
1,246,947
1
991,918
562,319
218,834
Cash
95,241
101,160
88,324
24,750
57,673
331,328
100,117
25,389
misc current assets
1
total current assets
1,088,756
1,151,499
1,291,758
1,271,697
1,348,954
1,323,246
662,437
244,223
total assets
1,092,002
1,155,247
1,295,301
1,276,553
1,354,685
1,325,336
664,437
246,223
Bank overdraft
546
Bank loan
Trade Creditors
302
300
301
490
Group/Directors Accounts
2,258
2,258
2,258
2,258
2,258
1,782
1,782
1,900
other short term finances
hp & lease commitments
other current liabilities
275
441
26,238
1,239
4,600
201,188
1,500
total current liabilities
2,835
2,558
3,000
28,986
3,497
6,928
202,970
3,400
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
623,729
321,507
222,067
provisions
total long term liabilities
623,729
321,507
222,067
total liabilities
626,564
324,065
225,067
28,986
3,497
6,928
202,970
3,400
net assets
465,438
831,182
1,070,234
1,247,567
1,351,188
1,318,408
461,467
242,823
total shareholders funds
465,438
831,182
1,070,234
1,247,567
1,351,188
1,318,408
461,467
242,823
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Operating Activities
Operating Profit
-370,900
-442,928
-385,442
-280,061
-176,454
-351,314
-132,476
-37,854
Depreciation
502
1,434
1,313
875
298
Amortisation
Tax
Stock
Debtors
-56,824
-153,095
-43,513
255,029
299,363
429,599
343,485
218,834
Creditors
2
-1
-189
490
Accruals and Deferred Income
275
-441
-25,797
21,638
-3,361
-196,588
199,688
1,500
Deferred Taxes & Provisions
Cash flow from operations
-313,297
-288,841
-366,602
-512,087
-478,880
-977,501
-276,273
-255,188
Investing Activities
capital expenditure
-1,639
-3,641
-3,939
Change in Investments
90
2,000
cash flow from investments
-1,639
-3,641
-3,939
-90
-2,000
Financing Activities
Bank loans
Group/Directors Accounts
476
476
-118
1,900
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
302,222
99,440
222,067
share issue
200,560
207,968
209,059
209,056
1,206,656
350,806
280,645
interest
5,156
3,316
141
161
178
1,600
314
32
cash flow from financing
307,378
303,316
430,176
209,696
209,710
1,208,256
351,002
282,577
cash and cash equivalents
cash
-5,919
12,836
63,574
-306,578
-273,655
231,211
74,728
25,389
overdraft
-546
-546
546
change in cash
-5,919
12,836
63,574
-306,032
-273,109
230,665
74,728
25,389
medesk 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 medesk limited. Get real-time insights into medesk limited's credit score, group structure and payment trends.
Perform a competitor analysis for medesk limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in W1B area or any other competitors across 12 key performance metrics.
medesk limited Ownership
MEDESK LIMITED group structure
Medesk Limited has no subsidiary companies.
Ultimate parent company
MEDESK LIMITED
10118056
MEDESK LIMITED Shareholders
The largest shareholders in Medesk Limited include Vladimir Kovalskii and Nikolay Ermolaev.
vladimir kovalskii
50.38%
nikolay ermolaev
14.06%
grit partners kft.
6.35%
arkadiy sokolov
6.35%
esther dyson
5.6%
tatiana lazareva
4.57%
petros machas
1.83%
alexis prenn
1.47%
vetrezo investments limited
1.38%
tamara aleksandrova
1.31%
medesk limited directors
Medesk Limited currently has 4 directors.
The longest serving directors include
Mr Vladimir Kovalskii (Apr 2016) and
Ms Esther Dyson (Jul 2016).
62012 - Business and domestic software development
incorporation date
April 2016
age
9
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
3rd floor 207 regent street, london, W1B 3HH
Bank
-
Legal Advisor
-
medesk 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 medesk limited.
medesk 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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medesk limitedCompanies House Filings - See Documents
