liberum independent medical education limited
liberum independent medical education limited Company Information
Company Number
10276499
Next Accounts
134 days late
Directors
Shareholders
liberum ime holdings ltd
Group Structure
View All
Industry
Other software publishing
Registered Address
birchin court 5th floor, 19-25 birchin lane, london, EC3V 9DU
Website
http://openhealthgroup.comliberum independent medical education limited Estimated Valuation
Pomanda estimates the enterprise value of LIBERUM INDEPENDENT MEDICAL EDUCATION LIMITED at £1.1m based on a Turnover of £957k and 1.16x industry multiple (adjusted for size and gross margin).
liberum independent medical education limited Estimated Valuation
Pomanda estimates the enterprise value of LIBERUM INDEPENDENT MEDICAL EDUCATION LIMITED at £0 based on an EBITDA of £-918.1k and a 4.57x industry multiple (adjusted for size and gross margin).
liberum independent medical education limited Estimated Valuation
Pomanda estimates the enterprise value of LIBERUM INDEPENDENT MEDICAL EDUCATION LIMITED at £606k based on Net Assets of £270.4k and 2.24x industry multiple (adjusted for liquidity).
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Liberum Independent Medical Education Limited Overview
Liberum Independent Medical Education Limited is a live company located in london, EC3V 9DU with a Companies House number of 10276499. It operates in the other software publishing sector, SIC Code 58290. Founded in July 2016, it's largest shareholder is liberum ime holdings ltd with a 100% stake. Liberum Independent Medical Education Limited is a young, small sized company, Pomanda has estimated its turnover at £957k with declining growth in recent years.
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Liberum Independent Medical Education Limited Health Check
Pomanda's financial health check has awarded Liberum Independent Medical Education Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 9 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
9 Weak
Size
annual sales of £957k, make it smaller than the average company (£5m)
£957k - Liberum Independent Medical Education Limited
£5m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (5.5%)
-7% - Liberum Independent Medical Education Limited
5.5% - Industry AVG
Production
with a gross margin of 50.6%, this company has a higher cost of product (72.8%)
50.6% - Liberum Independent Medical Education Limited
72.8% - Industry AVG
Profitability
an operating margin of -96% make it less profitable than the average company (4.6%)
-96% - Liberum Independent Medical Education Limited
4.6% - Industry AVG
Employees
with 10 employees, this is below the industry average (35)
10 - Liberum Independent Medical Education Limited
35 - Industry AVG
Pay Structure
on an average salary of £79k, the company has an equivalent pay structure (£79k)
- Liberum Independent Medical Education Limited
£79k - Industry AVG
Efficiency
resulting in sales per employee of £95.7k, this is less efficient (£154.4k)
£95.7k - Liberum Independent Medical Education Limited
£154.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Liberum Independent Medical Education Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (38 days)
11 days - Liberum Independent Medical Education Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 8 days, this is in line with average (7 days)
8 days - Liberum Independent Medical Education Limited
7 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (14 weeks)
1 weeks - Liberum Independent Medical Education Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.1%, this is a higher level of debt than the average (63.2%)
71.1% - Liberum Independent Medical Education Limited
63.2% - Industry AVG
LIBERUM INDEPENDENT MEDICAL EDUCATION LIMITED financials
Liberum Independent Medical Education Limited's latest turnover from December 2022 is £957 thousand and the company has net assets of £270.4 thousand. According to their latest financial statements, Liberum Independent Medical Education Limited has 10 employees and maintains cash reserves of £24.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Turnover | 956,998 | 2,089,427 | 1,414,440 | 1,182,240 | 884,115 | 220,919 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 472,443 | 365,645 | 202,150 | 272,490 | 230,570 | 40,093 |
| Gross Profit | 484,555 | 1,723,782 | 1,212,290 | 909,750 | 653,545 | 180,826 |
| Admin Expenses | 1,402,937 | 1,204,049 | 862,554 | 704,680 | 565,765 | 87,926 |
| Operating Profit | -918,382 | 519,733 | 349,736 | 205,070 | 87,780 | 92,900 |
| Interest Payable | 0 | 0 | 0 | 0 | 85 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -918,382 | 519,733 | 349,736 | 205,070 | 87,695 | 92,900 |
| Tax | 173,207 | -99,571 | -49,679 | -55,945 | -16,712 | -17,658 |
| Profit After Tax | -745,175 | 420,162 | 300,057 | 149,125 | 70,983 | 75,242 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -745,175 | 420,162 | 300,057 | 149,125 | 70,983 | 75,242 |
| Employee Costs | 68,247 | |||||
| Number Of Employees | 10 | 8 | 5 | 4 | 3 | 3 |
| EBITDA* | -918,125 | 529,545 | 378,054 | 224,175 | 88,265 | 93,021 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 21 | 278 | 898 | 1,639 | 1,334 | 1,819 |
| Intangible Assets | 0 | 0 | 9,192 | 36,769 | 44,144 | 0 |
| Investments & Other | 1 | 1 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 165 | 47 | 62 | 62 | 30 |
| Total Fixed Assets | 22 | 444 | 10,137 | 38,470 | 45,540 | 1,849 |
| Stock & work in progress | 11,061 | 3,918 | 39,028 | 18,924 | 30,091 | 23,660 |
| Trade Debtors | 0 | 79,395 | 50,168 | 318,871 | 366,717 | 257,078 |
| Group Debtors | 592,301 | 1,122,060 | 1,036,126 | 54,030 | 12,540 | 0 |
| Misc Debtors | 307,766 | 179,591 | 132,794 | 192,385 | 114,281 | 1,589 |
| Cash | 24,077 | 531,401 | 369,720 | 40,512 | 20,296 | 459,745 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 935,205 | 1,916,365 | 1,627,836 | 624,722 | 543,925 | 742,072 |
| total assets | 935,227 | 1,916,809 | 1,637,973 | 663,192 | 589,465 | 743,921 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 15,017 | 25,139 | 22,813 | 58,605 | 31,095 | 20,341 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 138,394 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 649,809 | 876,100 | 1,019,752 | 309,236 | 412,144 | 509,943 |
| total current liabilities | 664,826 | 901,239 | 1,042,565 | 367,841 | 443,239 | 668,678 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 6 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 6 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 664,832 | 901,239 | 1,042,565 | 367,841 | 443,239 | 668,678 |
| net assets | 270,395 | 1,015,570 | 595,408 | 295,351 | 146,226 | 75,243 |
| total shareholders funds | 270,395 | 1,015,570 | 595,408 | 295,351 | 146,226 | 75,243 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -918,382 | 519,733 | 349,736 | 205,070 | 87,780 | 92,900 |
| Depreciation | 257 | 620 | 741 | 720 | 485 | 121 |
| Amortisation | 0 | 9,192 | 27,577 | 18,385 | 0 | 0 |
| Tax | 173,207 | -99,571 | -49,679 | -55,945 | -16,712 | -17,658 |
| Stock | 7,143 | -35,110 | 20,104 | -11,167 | 6,431 | 23,660 |
| Debtors | -481,144 | 162,076 | 653,787 | 71,748 | 234,903 | 258,697 |
| Creditors | -10,122 | 2,326 | -35,792 | 27,510 | 10,754 | 20,341 |
| Accruals and Deferred Income | -226,291 | -143,652 | 710,516 | -102,908 | -97,799 | 509,943 |
| Deferred Taxes & Provisions | 6 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -507,324 | 161,682 | 329,208 | 32,251 | -256,826 | 323,290 |
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 1 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -138,394 | 138,394 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | 0 | 0 | 0 | 0 | -85 | 0 |
| cash flow from financing | 0 | 0 | 0 | 0 | -138,479 | 138,395 |
| cash and cash equivalents | ||||||
| cash | -507,324 | 161,681 | 329,208 | 20,216 | -439,449 | 459,745 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -507,324 | 161,681 | 329,208 | 20,216 | -439,449 | 459,745 |
liberum independent medical education limited Credit Report and Business Information
Liberum Independent Medical Education Limited Competitor Analysis
Perform a competitor analysis for liberum independent medical education limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in EC3V area or any other competitors across 12 key performance metrics.
liberum independent medical education limited Ownership
LIBERUM INDEPENDENT MEDICAL EDUCATION LIMITED group structure
Liberum Independent Medical Education Limited has no subsidiary companies.
Ultimate parent company
1 parent
LIBERUM INDEPENDENT MEDICAL EDUCATION LIMITED
10276499
liberum independent medical education limited directors
Liberum Independent Medical Education Limited currently has 1 director, Ms Celeste Kolanko serving since Dec 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Celeste Kolanko | England | 64 years | Dec 2020 | - | Director |
P&L
December 2022turnover
957k
-54%
operating profit
-918.4k
-277%
gross margin
50.7%
-38.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
270.4k
-0.73%
total assets
935.2k
-0.51%
cash
24.1k
-0.95%
net assets
Total assets minus all liabilities
liberum independent medical education limited company details
company number
10276499
Type
Private limited with Share Capital
industry
58290 - Other software publishing
incorporation date
July 2016
age
9
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2022
previous names
liberum independant medical education limited (April 2017)
docc limited (April 2017)
accountant
-
auditor
-
address
birchin court 5th floor, 19-25 birchin lane, london, EC3V 9DU
Bank
-
Legal Advisor
-
liberum independent medical education 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 found 2 charges/mortgages relating to liberum independent medical education limited. Currently there are 0 open charges and 2 have been satisfied in the past.
liberum independent medical education 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.
Click to start generating capital raising & share issue transactions for LIBERUM INDEPENDENT MEDICAL EDUCATION LIMITED. This can take several minutes, an email will notify you when this has completed.
liberum independent medical education limited Companies House Filings - See Documents
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