Pomanda estimates the enterprise value of NORWICH & NORFOLK SURGICAL LTD at £815.3k based on a Turnover of £1.7m and 0.47x industry multiple (adjusted for size and gross margin).
norwich & norfolk surgical ltdEstimated Valuation
£535.4k
Pomanda estimates the enterprise value of NORWICH & NORFOLK SURGICAL LTD at £535.4k based on an EBITDA of £159.4k and a 3.36x industry multiple (adjusted for size and gross margin).
norwich & norfolk surgical ltdEstimated Valuation
£609.3k
Pomanda estimates the enterprise value of NORWICH & NORFOLK SURGICAL LTD at £609.3k based on Net Assets of £303.6k and 2.01x industry multiple (adjusted for liquidity).
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Norwich & Norfolk Surgical LtdOverview
Norwich & Norfolk Surgical Ltd is a live company located in norwich, NR2 2TJ with a Companies House number of 10615484. It operates in the specialists medical practice activities sector, SIC Code 86220. Founded in February 2017, it's largest shareholder is
john keep
with a 12% stake. Norwich & Norfolk Surgical Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£1.7m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Norwich & Norfolk Surgical Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
4 Regular
3 Weak
Size
annual sales of £1.7m, make it larger than the average company (£488.2k)
£1.7m - Norwich & Norfolk Surgical Ltd
£488.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (7.6%)
12% - Norwich & Norfolk Surgical Ltd
7.6% - Industry AVG
Production
with a gross margin of 52.8%, this company has a comparable cost of product (52.8%)
52.8% - Norwich & Norfolk Surgical Ltd
52.8% - Industry AVG
Profitability
an operating margin of 4.8% make it less profitable than the average company (14.7%)
4.8% - Norwich & Norfolk Surgical Ltd
14.7% - Industry AVG
Employees
with 22 employees, this is above the industry average (11)
22 - Norwich & Norfolk Surgical Ltd
11 - Industry AVG
Pay Structure
on an average salary of £30.5k, the company has an equivalent pay structure (£30.5k)
£30.5k - Norwich & Norfolk Surgical Ltd
£30.5k - Industry AVG
Efficiency
resulting in sales per employee of £78.6k, this is equally as efficient (£72.7k)
£78.6k - Norwich & Norfolk Surgical Ltd
£72.7k - Industry AVG
Debtor Days
it gets paid by customers after 42 days, this is near the average (37 days)
42 days - Norwich & Norfolk Surgical Ltd
37 days - Industry AVG
Creditor Days
its suppliers are paid after 122 days, this is slower than average (34 days)
122 days - Norwich & Norfolk Surgical Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Norwich & Norfolk Surgical Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 37 weeks, this is less cash available to meet short term requirements (74 weeks)
37 weeks - Norwich & Norfolk Surgical Ltd
74 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.2%, this is a higher level of debt than the average (29.4%)
60.2% - Norwich & Norfolk Surgical Ltd
29.4% - Industry AVG
NORWICH & NORFOLK SURGICAL LTD financials
EXPORT
Norwich & Norfolk Surgical Ltd's latest turnover from March 2024 is estimated at £1.7 million and the company has net assets of £303.6 thousand. According to their latest financial statements, Norwich & Norfolk Surgical Ltd has 22 employees and maintains cash reserves of £334.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Turnover
1,729,210
1,718,108
1,197,785
1,221,058
1,093,295
1,645,684
1,057,960
Other Income Or Grants
Cost Of Sales
815,930
795,283
481,209
542,654
420,025
622,035
368,993
Gross Profit
913,280
922,825
716,576
678,403
673,270
1,023,648
688,967
Admin Expenses
830,455
934,888
611,805
757,317
490,842
1,019,999
600,253
Operating Profit
82,825
-12,063
104,771
-78,914
182,428
3,649
88,714
Interest Payable
Interest Receivable
13,759
11,506
1,802
204
201
1,177
473
Pre-Tax Profit
96,584
-557
106,573
-78,710
182,630
4,826
89,188
Tax
-24,146
-20,249
-34,700
-917
-16,946
Profit After Tax
72,438
-557
86,324
-78,710
147,930
3,909
72,242
Dividends Paid
Retained Profit
72,438
-557
86,324
-78,710
147,930
3,909
72,242
Employee Costs
670,157
559,569
242,758
235,800
463,792
741,067
270,144
Number Of Employees
22
19
9
9
18
28
11
EBITDA*
159,355
41,204
145,560
-62,340
183,967
3,649
88,714
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Tangible Assets
204,895
153,565
192,420
125,710
47,697
Intangible Assets
4,474
5,966
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
209,369
159,531
192,420
125,710
47,697
Stock & work in progress
Trade Debtors
201,541
208,643
145,101
186,952
121,211
201,429
178,746
Group Debtors
Misc Debtors
16,774
11,557
14,478
397
2
2
Cash
334,226
189,932
351,535
128,908
278,361
124,610
189,272
misc current assets
total current assets
552,541
410,132
511,114
316,257
399,574
326,041
368,018
total assets
761,910
569,663
703,534
441,967
447,271
326,041
368,018
Bank overdraft
Bank loan
Trade Creditors
273,948
258,159
370,212
253,405
84,345
137,651
114,251
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
184,384
80,364
101,625
43,189
138,843
112,237
181,523
total current liabilities
458,332
338,523
471,837
296,594
223,188
249,888
295,774
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
458,332
338,523
471,837
296,594
223,188
249,888
295,774
net assets
303,578
231,140
231,697
145,373
224,083
76,153
72,244
total shareholders funds
303,578
231,140
231,697
145,373
224,083
76,153
72,244
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Operating Activities
Operating Profit
82,825
-12,063
104,771
-78,914
182,428
3,649
88,714
Depreciation
75,038
51,775
40,789
16,574
1,539
Amortisation
1,492
1,492
Tax
-24,146
-20,249
-34,700
-917
-16,946
Stock
Debtors
-1,885
60,621
-27,770
66,136
-80,218
22,685
178,746
Creditors
15,789
-112,053
116,807
169,060
-53,306
23,400
114,251
Accruals and Deferred Income
104,020
-21,261
58,436
-95,654
26,606
-69,286
181,523
Deferred Taxes & Provisions
Cash flow from operations
256,903
-152,731
328,324
-55,070
202,785
-65,839
188,796
Investing Activities
capital expenditure
-126,368
-20,378
-107,499
-94,587
-49,236
Change in Investments
cash flow from investments
-126,368
-20,378
-107,499
-94,587
-49,236
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
2
interest
13,759
11,506
1,802
204
201
1,177
473
cash flow from financing
13,759
11,506
1,802
204
201
1,177
475
cash and cash equivalents
cash
144,294
-161,603
222,627
-149,453
153,751
-64,662
189,272
overdraft
change in cash
144,294
-161,603
222,627
-149,453
153,751
-64,662
189,272
norwich & norfolk surgical ltd 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 norwich & norfolk surgical ltd. Get real-time insights into norwich & norfolk surgical ltd's credit score, group structure and payment trends.
Perform a competitor analysis for norwich & norfolk surgical ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in NR2 area or any other competitors across 12 key performance metrics.
norwich & norfolk surgical ltd Ownership
NORWICH & NORFOLK SURGICAL LTD group structure
Norwich & Norfolk Surgical Ltd has no subsidiary companies.
Ultimate parent company
NORWICH & NORFOLK SURGICAL LTD
10615484
NORWICH & NORFOLK SURGICAL LTD Shareholders
The largest shareholders in Norwich & Norfolk Surgical Ltd include John Keep and Imogen Churchman.
john keep
12%
imogen churchman
11%
timothy bosworth
11%
thomas casey
11%
alexandra baker
11%
james courtenay
11%
melissa korn
11%
jeanine smirl
11%
james foster
11%
norwich & norfolk surgical ltd directors
Norwich & Norfolk Surgical Ltd currently has 9 directors.
The longest serving directors include
Dr Jeanine Smirl (Feb 2017) and
Dr John Keep (Apr 2017).
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 norwich & norfolk surgical ltd.
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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norwich & norfolk surgical ltdCompanies House Filings - See Documents
