safey medical devices limited
safey medical devices limited Company Information
Group Structure
View All
Industry
Business and domestic software development
Registered Address
7 bell yard, london, WC2A 2JR
safey medical devices limited Estimated Valuation
Pomanda estimates the enterprise value of SAFEY MEDICAL DEVICES LIMITED at £20.3k based on a Turnover of £30.1k and 0.68x industry multiple (adjusted for size and gross margin).
safey medical devices limited Estimated Valuation
Pomanda estimates the enterprise value of SAFEY MEDICAL DEVICES LIMITED at £0 based on an EBITDA of £-131.2k and a 4.17x industry multiple (adjusted for size and gross margin).
safey medical devices limited Estimated Valuation
Pomanda estimates the enterprise value of SAFEY MEDICAL DEVICES LIMITED at £52.1k based on Net Assets of £22k and 2.37x industry multiple (adjusted for liquidity).
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Safey Medical Devices Limited Overview
Safey Medical Devices Limited is a live company located in london, WC2A 2JR with a Companies House number of 10261028. It operates in the business and domestic software development sector, SIC Code 62012. Founded in July 2016, it's largest shareholder is aerobit health inc with a 100% stake. Safey Medical Devices Limited is a young, micro sized company, Pomanda has estimated its turnover at £30.1k with declining growth in recent years.
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Safey Medical Devices Limited Health Check
Pomanda's financial health check has awarded Safey Medical Devices Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £30.1k, make it smaller than the average company (£4.5m)
- Safey Medical Devices Limited
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (10.2%)
- Safey Medical Devices Limited
10.2% - Industry AVG
Production
with a gross margin of 41.9%, this company has a higher cost of product (72.1%)
- Safey Medical Devices Limited
72.1% - Industry AVG
Profitability
an operating margin of -436.2% make it less profitable than the average company (3.4%)
- Safey Medical Devices Limited
3.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (42)
1 - Safey Medical Devices Limited
42 - Industry AVG
Pay Structure
on an average salary of £72.1k, the company has an equivalent pay structure (£72.1k)
- Safey Medical Devices Limited
£72.1k - Industry AVG
Efficiency
resulting in sales per employee of £30.1k, this is less efficient (£122.4k)
- Safey Medical Devices Limited
£122.4k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (57 days)
- Safey Medical Devices Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 109 days, this is slower than average (41 days)
- Safey Medical Devices Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Safey Medical Devices Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 270 weeks, this is more cash available to meet short term requirements (17 weeks)
270 weeks - Safey Medical Devices Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19.2%, this is a lower level of debt than the average (62.7%)
19.2% - Safey Medical Devices Limited
62.7% - Industry AVG
SAFEY MEDICAL DEVICES LIMITED financials
Safey Medical Devices Limited's latest turnover from December 2023 is estimated at £30.1 thousand and the company has net assets of £22 thousand. According to their latest financial statements, Safey Medical Devices Limited has 1 employee and maintains cash reserves of £27.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 61,678 | 7,500 | ||||||
| Other Income Or Grants | 0 | 0 | ||||||
| Cost Of Sales | 268,812 | 143,124 | ||||||
| Gross Profit | -207,134 | -135,624 | ||||||
| Admin Expenses | 83,007 | 142,884 | ||||||
| Operating Profit | -290,141 | -278,508 | ||||||
| Interest Payable | 0 | 0 | ||||||
| Interest Receivable | 0 | 0 | ||||||
| Pre-Tax Profit | -290,141 | -278,508 | ||||||
| Tax | 0 | 0 | ||||||
| Profit After Tax | -290,141 | -278,508 | ||||||
| Dividends Paid | 0 | 0 | ||||||
| Retained Profit | -290,141 | -278,508 | ||||||
| Employee Costs | ||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 |
| EBITDA* | -289,009 | -278,340 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 2,425 | 4,851 | 4,761 | 1,001 | 664 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 2,425 | 4,851 | 4,761 | 1,001 | 664 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 57 | 20,068 | 77,062 | 12,064 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 12,286 | 11,634 | 3,030 | 1,572 |
| Cash | 27,186 | 49,722 | 199,702 | 2,990 | 14,630 | 88,383 | 65,679 | 87,588 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 600 | 0 |
| total current assets | 27,243 | 69,790 | 276,764 | 15,054 | 26,916 | 100,017 | 69,309 | 89,160 |
| total assets | 27,243 | 69,790 | 276,764 | 17,479 | 31,767 | 104,778 | 70,310 | 89,824 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 5,221 | 88,601 | 12,243 | 10,743 | 903 | 904 | 1,196 | 18,992 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 36 | 36 | 1,135 | 0 |
| total current liabilities | 5,221 | 88,601 | 12,243 | 10,743 | 939 | 940 | 2,331 | 18,992 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 1,217 | 217 | 217 | 31,888 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 1,217 | 217 | 217 | 31,888 |
| total liabilities | 5,221 | 88,601 | 12,243 | 10,743 | 2,156 | 1,157 | 2,548 | 50,880 |
| net assets | 22,022 | -18,811 | 264,521 | 6,736 | 29,611 | 103,621 | 67,762 | 38,944 |
| total shareholders funds | 22,022 | -18,811 | 264,521 | 6,736 | 29,611 | 103,621 | 67,762 | 38,944 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -290,141 | -278,508 | ||||||
| Depreciation | 0 | 0 | 2,425 | 2,425 | 1,471 | 1,132 | 168 | 69 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -20,011 | -56,994 | 64,998 | -222 | 652 | 8,604 | 1,458 | 1,572 |
| Creditors | -83,380 | 76,358 | 1,500 | 9,840 | -1 | -292 | -17,796 | 18,992 |
| Accruals and Deferred Income | 0 | 0 | 0 | -36 | 0 | -1,099 | 1,135 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -299,004 | -296,459 | ||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -1,217 | 1,000 | 0 | -31,671 | 31,888 |
| share issue | ||||||||
| interest | 0 | 0 | ||||||
| cash flow from financing | 326,000 | 275,655 | ||||||
| cash and cash equivalents | ||||||||
| cash | -22,536 | -149,980 | 196,712 | -11,640 | -73,753 | 22,704 | -21,909 | 87,588 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -22,536 | -149,980 | 196,712 | -11,640 | -73,753 | 22,704 | -21,909 | 87,588 |
safey medical devices limited Credit Report and Business Information
Safey Medical Devices Limited Competitor Analysis
Perform a competitor analysis for safey medical devices limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in WC2A area or any other competitors across 12 key performance metrics.
safey medical devices limited Ownership
SAFEY MEDICAL DEVICES LIMITED group structure
Safey Medical Devices Limited has no subsidiary companies.
Ultimate parent company
SAFEY MEDICAL DEVICES LIMITED
10261028
safey medical devices limited directors
Safey Medical Devices Limited currently has 1 director, Mr Taher Moiyed serving since Jul 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Taher Moiyed | England | 48 years | Jul 2016 | - | Director |
P&L
December 2023turnover
30.1k
-57%
operating profit
-131.2k
0%
gross margin
41.9%
-0.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
22k
-2.17%
total assets
27.2k
-0.61%
cash
27.2k
-0.45%
net assets
Total assets minus all liabilities
Similar Companies
safey medical devices limited company details
company number
10261028
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
July 2016
age
9
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2023
previous names
aerobit health limited (May 2020)
autobit software limited (July 2016)
accountant
ACCA
auditor
-
address
7 bell yard, london, WC2A 2JR
Bank
-
Legal Advisor
-
safey medical devices 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 safey medical devices limited.
safey medical devices 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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safey medical devices limited Companies House Filings - See Documents
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