provide health limited
provide health limited Company Information
Company Number
10212058
Next Accounts
Mar 2025
Shareholders
mayank harendra patel
hitendrakumar patel
Group Structure
View All
Industry
Other human health activities
Registered Address
the old mill 9 soar lane, leicester, leicestershire, LE3 5DE
Website
providemedical.comprovide health limited Estimated Valuation
Pomanda estimates the enterprise value of PROVIDE HEALTH LIMITED at £372.1k based on a Turnover of £869.6k and 0.43x industry multiple (adjusted for size and gross margin).
provide health limited Estimated Valuation
Pomanda estimates the enterprise value of PROVIDE HEALTH LIMITED at £0 based on an EBITDA of £-39k and a 3.16x industry multiple (adjusted for size and gross margin).
provide health limited Estimated Valuation
Pomanda estimates the enterprise value of PROVIDE HEALTH LIMITED at £0 based on Net Assets of £-40.3k and 2.46x industry multiple (adjusted for liquidity).
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Provide Health Limited Overview
Provide Health Limited is a live company located in leicestershire, LE3 5DE with a Companies House number of 10212058. It operates in the other human health activities sector, SIC Code 86900. Founded in June 2016, it's largest shareholder is mayank harendra patel with a 66.7% stake. Provide Health Limited is a young, small sized company, Pomanda has estimated its turnover at £869.6k with declining growth in recent years.
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Provide Health Limited Health Check
Pomanda's financial health check has awarded Provide Health Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
7 Weak
Size
annual sales of £869.6k, make it larger than the average company (£673.2k)
- Provide Health Limited
£673.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (5.7%)
- Provide Health Limited
5.7% - Industry AVG
Production
with a gross margin of 21.6%, this company has a higher cost of product (38.7%)
- Provide Health Limited
38.7% - Industry AVG
Profitability
an operating margin of -4.5% make it less profitable than the average company (5.8%)
- Provide Health Limited
5.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (17)
1 - Provide Health Limited
17 - Industry AVG
Pay Structure
on an average salary of £26.1k, the company has an equivalent pay structure (£26.1k)
- Provide Health Limited
£26.1k - Industry AVG
Efficiency
resulting in sales per employee of £869.6k, this is more efficient (£48.7k)
- Provide Health Limited
£48.7k - Industry AVG
Debtor Days
it gets paid by customers after 109 days, this is later than average (24 days)
- Provide Health Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 164 days, this is slower than average (18 days)
- Provide Health Limited
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Provide Health Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (111 weeks)
0 weeks - Provide Health Limited
111 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 115.1%, this is a higher level of debt than the average (26.5%)
115.1% - Provide Health Limited
26.5% - Industry AVG
PROVIDE HEALTH LIMITED financials
Provide Health Limited's latest turnover from June 2023 is estimated at £869.6 thousand and the company has net assets of -£40.3 thousand. According to their latest financial statements, Provide Health Limited has 1 employee and maintains cash reserves of £5.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 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 | 287,744 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 287,744 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 261,139 | 269,668 | 285,350 | 330,894 | 313,604 | 0 | 261,392 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 5,505 | 629 | 695 | 9 | 130 | 852 | 955 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 266,644 | 270,297 | 286,045 | 330,903 | 313,734 | 852 | 262,347 |
| total assets | 266,644 | 270,297 | 286,045 | 330,903 | 313,734 | 288,596 | 262,347 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 306,982 | 271,824 | 252,863 | 307,156 | 291,673 | 265,720 | 252,468 |
| 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 | 306,982 | 271,824 | 252,863 | 307,156 | 291,673 | 265,720 | 252,468 |
| 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 | 306,982 | 271,824 | 252,863 | 307,156 | 291,673 | 265,720 | 252,468 |
| net assets | -40,338 | -1,527 | 33,182 | 23,747 | 22,061 | 22,876 | 9,879 |
| total shareholders funds | -40,338 | -1,527 | 33,182 | 23,747 | 22,061 | 22,876 | 9,879 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -8,529 | -15,682 | -45,544 | 17,290 | 25,860 | 26,352 | 261,392 |
| Creditors | 35,158 | 18,961 | -54,293 | 15,483 | 25,953 | 13,252 | 252,468 |
| 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 | 4,876 | -66 | 686 | -121 | -722 | -103 | 955 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 4,876 | -66 | 686 | -121 | -722 | -103 | 955 |
provide health limited Credit Report and Business Information
Provide Health Limited Competitor Analysis
Perform a competitor analysis for provide health limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in LE3 area or any other competitors across 12 key performance metrics.
provide health limited Ownership
PROVIDE HEALTH LIMITED group structure
Provide Health Limited has no subsidiary companies.
Ultimate parent company
PROVIDE HEALTH LIMITED
10212058
provide health limited directors
Provide Health Limited currently has 2 directors. The longest serving directors include Mr Mayank Patel (Jun 2016) and Mr Hitendrakumar Patel (Jun 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mayank Patel | 49 years | Jun 2016 | - | Director | |
| Mr Hitendrakumar Patel | 58 years | Jun 2016 | - | Director |
P&L
June 2023turnover
869.6k
+6%
operating profit
-39k
0%
gross margin
21.6%
-0.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-40.3k
+25.42%
total assets
266.6k
-0.01%
cash
5.5k
+7.75%
net assets
Total assets minus all liabilities
provide health limited company details
company number
10212058
Type
Private limited with Share Capital
industry
86900 - Other human health activities
incorporation date
June 2016
age
9
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
the old mill 9 soar lane, leicester, leicestershire, LE3 5DE
Bank
-
Legal Advisor
-
provide health 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 provide health limited.
provide health 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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provide health limited Companies House Filings - See Documents
| date | description | view/download |
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