midlands medical property limited

midlands medical property limited Company Information

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Company Number

10380783

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Shareholders

govinder jassel

chukwudi onwoucha

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Group Structure

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Contact

Registered Address

1128 tyburn road, birmingham, B24 0SY

Website

-

midlands medical property limited Estimated Valuation

£2m

Pomanda estimates the enterprise value of MIDLANDS MEDICAL PROPERTY LIMITED at £2m based on a Turnover of £572.1k and 3.45x industry multiple (adjusted for size and gross margin).

midlands medical property limited Estimated Valuation

£221.4k

Pomanda estimates the enterprise value of MIDLANDS MEDICAL PROPERTY LIMITED at £221.4k based on an EBITDA of £31.1k and a 7.12x industry multiple (adjusted for size and gross margin).

midlands medical property limited Estimated Valuation

£100.7k

Pomanda estimates the enterprise value of MIDLANDS MEDICAL PROPERTY LIMITED at £100.7k based on Net Assets of £58k and 1.74x industry multiple (adjusted for liquidity).

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Midlands Medical Property Limited Overview

Midlands Medical Property Limited is a live company located in birmingham, B24 0SY with a Companies House number of 10380783. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in September 2016, it's largest shareholder is govinder jassel with a 7.1% stake. Midlands Medical Property Limited is a young, small sized company, Pomanda has estimated its turnover at £572.1k with healthy growth in recent years.

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Midlands Medical Property Limited Health Check

Pomanda's financial health check has awarded Midlands Medical Property Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £572.1k, make it smaller than the average company (£951.6k)

£572.1k - Midlands Medical Property Limited

£951.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (5.6%)

13% - Midlands Medical Property Limited

5.6% - Industry AVG

production

Production

with a gross margin of 73%, this company has a comparable cost of product (73%)

73% - Midlands Medical Property Limited

73% - Industry AVG

profitability

Profitability

an operating margin of 5.4% make it less profitable than the average company (28.4%)

5.4% - Midlands Medical Property Limited

28.4% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (4)

3 - Midlands Medical Property Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.5k, the company has an equivalent pay structure (£33.5k)

£33.5k - Midlands Medical Property Limited

£33.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £190.7k, this is equally as efficient (£190.7k)

£190.7k - Midlands Medical Property Limited

£190.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Midlands Medical Property Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Midlands Medical Property Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Midlands Medical Property Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 11 weeks, this is average cash available to meet short term requirements (10 weeks)

11 weeks - Midlands Medical Property Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 82.9%, this is a higher level of debt than the average (68.5%)

82.9% - Midlands Medical Property Limited

68.5% - Industry AVG

MIDLANDS MEDICAL PROPERTY LIMITED financials

EXPORTms excel logo

Midlands Medical Property Limited's latest turnover from April 2024 is estimated at £572.1 thousand and the company has net assets of £58 thousand. According to their latest financial statements, Midlands Medical Property Limited has 3 employees and maintains cash reserves of £64.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017
Turnover572,100298,374466,928399,6080000
Other Income Or Grants00000000
Cost Of Sales154,62182,481130,320116,3940000
Gross Profit417,479215,892336,608283,2140000
Admin Expenses386,379204,965309,362249,192-32,449-35,574-20,8180
Operating Profit31,10010,92727,24634,02232,44935,57420,8180
Interest Payable29,36324,84614,81214,13115,20418,1739,0750
Interest Receivable3,4631,688614684330
Pre-Tax Profit5,201-12,23112,49519,89517,25217,48411,7770
Tax-1,3000-2,374-3,780-3,278-3,322-2,2380
Profit After Tax3,901-12,23110,12116,11513,97414,1629,5390
Dividends Paid00000000
Retained Profit3,901-12,23110,12116,11513,97414,1629,5390
Employee Costs100,58893,31690,42181,5230000
Number Of Employees33330000
EBITDA*31,10010,92727,24634,02232,44935,57420,8180

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017
Tangible Assets00000000
Intangible Assets00000000
Investments & Other275,000275,000275,000280,319280,319280,319280,3190
Debtors (Due After 1 year)00000000
Total Fixed Assets275,000275,000275,000280,319280,319280,319280,3190
Stock & work in progress00000000
Trade Debtors00000000
Group Debtors00000000
Misc Debtors00000002,300
Cash64,34067,60111,8444,4753,3779,11813,1740
misc current assets00000000
total current assets64,34067,60111,8444,4753,3779,11813,1742,300
total assets339,340342,601286,844284,794283,696289,437293,4932,300
Bank overdraft00000000
Bank loan0094,80514,85014,85014,85014,7820
Trade Creditors 0950000000
Group/Directors Accounts00000000
other short term finances252,000270,000120,000113,600113,600119,000123,5000
hp & lease commitments00000000
other current liabilities29,35917,5715,7284,5314,3894,0862,9380
total current liabilities281,359288,521220,533132,981132,839137,936141,2200
loans00095,623110,782125,400140,9340
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities00000000
provisions00000000
total long term liabilities00095,623110,782125,400140,9340
total liabilities281,359288,521220,533228,604243,621263,336282,1540
net assets57,98154,08066,31156,19040,07526,10111,3392,300
total shareholders funds57,98154,08066,31156,19040,07526,10111,3392,300
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017
Operating Activities
Operating Profit31,10010,92727,24634,02232,44935,57420,8180
Depreciation00000000
Amortisation00000000
Tax-1,3000-2,374-3,780-3,278-3,322-2,2380
Stock00000000
Debtors000000-2,3002,300
Creditors-950950000000
Accruals and Deferred Income11,78811,8431,1971423031,1482,9380
Deferred Taxes & Provisions00000000
Cash flow from operations40,63823,72026,06930,38429,47433,40023,818-2,300
Investing Activities
capital expenditure00000000
Change in Investments00-5,319000280,3190
cash flow from investments005,319000-280,3190
Financing Activities
Bank loans0-94,80579,955006814,7820
Group/Directors Accounts00000000
Other Short Term Loans -18,000150,0006,4000-5,400-4,500123,5000
Long term loans00-95,623-15,159-14,618-15,534140,9340
Hire Purchase and Lease Commitments00000000
other long term liabilities00000000
share issue00000600-5002,300
interest-25,900-23,158-14,751-14,127-15,198-18,089-9,0420
cash flow from financing-43,90032,037-24,019-29,286-35,216-37,455269,6742,300
cash and cash equivalents
cash-3,26155,7577,3691,098-5,741-4,05613,1740
overdraft00000000
change in cash-3,26155,7577,3691,098-5,741-4,05613,1740

midlands medical property limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Midlands Medical Property Limited Competitor Analysis

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Perform a competitor analysis for midlands medical property limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in B24 area or any other competitors across 12 key performance metrics.

midlands medical property limited Ownership

MIDLANDS MEDICAL PROPERTY LIMITED group structure

Midlands Medical Property Limited has no subsidiary companies.

Ultimate parent company

MIDLANDS MEDICAL PROPERTY LIMITED

10380783

MIDLANDS MEDICAL PROPERTY LIMITED Shareholders

govinder jassel 7.14%
chukwudi onwoucha 7.14%
balwinder mavi 7.14%
ussamah al-hussein 7.14%
rita pepper 7.14%
sukhdev sangha 7.14%
joanne smith 7.14%
aqil chaudray 7.14%
sunaina ghosh 7.14%
mark grocutt 7.14%

midlands medical property limited directors

Midlands Medical Property Limited currently has 3 directors. The longest serving directors include Dr Sukhdev Sangha (Sep 2016) and Dr Sunando Ghosh (Sep 2016).

officercountryagestartendrole
Dr Sukhdev Sangha54 years Sep 2016- Director
Dr Sunando GhoshUnited Kingdom50 years Sep 2016- Director
Dr Kay Crossman51 years Aug 2017- Director

P&L

April 2024

turnover

572.1k

+92%

operating profit

31.1k

0%

gross margin

73%

+0.85%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2024

net assets

58k

+0.07%

total assets

339.3k

-0.01%

cash

64.3k

-0.05%

net assets

Total assets minus all liabilities

midlands medical property limited company details

company number

10380783

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

September 2016

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

-

address

1128 tyburn road, birmingham, B24 0SY

Bank

-

Legal Advisor

-

midlands medical property 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 midlands medical property limited. Currently there are 0 open charges and 2 have been satisfied in the past.

midlands medical property 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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midlands medical property limited Companies House Filings - See Documents

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