Pomanda estimates the enterprise value of MEDCONNECT EUROPE LTD at £250.3k based on a Turnover of £503.6k and 0.5x industry multiple (adjusted for size and gross margin).
medconnect europe ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of MEDCONNECT EUROPE LTD at £0 based on an EBITDA of £0 and a 3.05x industry multiple (adjusted for size and gross margin).
medconnect europe ltdEstimated Valuation
£86.5k
Pomanda estimates the enterprise value of MEDCONNECT EUROPE LTD at £86.5k based on Net Assets of £35.9k and 2.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Medconnect Europe LtdOverview
Medconnect Europe Ltd is a live company located in london, EC2A 4NE with a Companies House number of 10796193. It operates in the educational support services sector, SIC Code 85600. Founded in May 2017, it's largest shareholder is
harrison skye ltd
with a 50% stake. Medconnect Europe Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£503.6k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Medconnect Europe Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
2 Regular
4 Weak
Size
annual sales of £503.6k, make it in line with the average company (£420.6k)
£503.6k - Medconnect Europe Ltd
£420.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 114%, show it is growing at a faster rate (4.4%)
114% - Medconnect Europe Ltd
4.4% - Industry AVG
Production
with a gross margin of 29.2%, this company has a higher cost of product (60.5%)
29.2% - Medconnect Europe Ltd
60.5% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Medconnect Europe Ltd
- - Industry AVG
Employees
with 6 employees, this is below the industry average (11)
6 - Medconnect Europe Ltd
11 - Industry AVG
Pay Structure
on an average salary of £27.3k, the company has an equivalent pay structure (£27.3k)
£27.3k - Medconnect Europe Ltd
£27.3k - Industry AVG
Efficiency
resulting in sales per employee of £83.9k, this is more efficient (£51.2k)
£83.9k - Medconnect Europe Ltd
£51.2k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is later than average (20 days)
67 days - Medconnect Europe Ltd
20 days - Industry AVG
Creditor Days
its suppliers are paid after 75 days, this is slower than average (21 days)
75 days - Medconnect Europe Ltd
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Medconnect Europe Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Medconnect Europe Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67.3%, this is a higher level of debt than the average (30.3%)
67.3% - Medconnect Europe Ltd
30.3% - Industry AVG
MEDCONNECT EUROPE LTD financials
EXPORT
Medconnect Europe Ltd's latest turnover from May 2023 is estimated at £503.6 thousand and the company has net assets of £35.9 thousand. According to their latest financial statements, we estimate that Medconnect Europe Ltd has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
Turnover
503,630
476,182
290,867
51,325
52,882
8,008
Other Income Or Grants
Cost Of Sales
356,589
336,226
211,132
37,291
38,660
5,686
Gross Profit
147,041
139,956
79,734
14,034
14,223
2,322
Admin Expenses
147,041
139,956
35,378
10,322
9,787
8,923
Operating Profit
44,356
3,712
4,436
-6,601
Interest Payable
Interest Receivable
5
Pre-Tax Profit
44,356
3,712
4,441
-6,601
Tax
-8,428
-705
-844
Profit After Tax
35,928
3,007
3,597
-6,601
Dividends Paid
Retained Profit
35,928
3,007
3,597
-6,601
Employee Costs
163,760
164,844
52,155
51,007
51,453
12,783
Number Of Employees
6
6
2
2
2
2
EBITDA*
44,356
3,712
4,436
-6,601
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
Tangible Assets
17,120
17,120
17,120
16,200
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
17,120
17,120
17,120
16,200
Stock & work in progress
Trade Debtors
92,703
92,703
92,703
5,953
7,849
Group Debtors
Misc Debtors
Cash
1,331
misc current assets
88
total current assets
92,703
92,703
92,703
5,953
7,849
1,419
total assets
109,823
109,823
109,823
22,153
7,849
1,419
Bank overdraft
Bank loan
Trade Creditors
73,892
73,892
73,892
22,150
10,853
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
8,000
total current liabilities
73,892
73,892
73,892
22,150
10,853
8,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
73,892
73,892
73,892
22,150
10,853
8,000
net assets
35,931
35,931
35,931
3
-3,004
-6,581
total shareholders funds
35,931
35,931
35,931
3
-3,004
-6,581
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
Operating Activities
Operating Profit
44,356
3,712
4,436
-6,601
Depreciation
Amortisation
Tax
-8,428
-705
-844
Stock
Debtors
86,750
-1,896
7,849
Creditors
51,742
11,297
10,853
Accruals and Deferred Income
-8,000
8,000
Deferred Taxes & Provisions
Cash flow from operations
920
16,200
-1,404
1,399
Investing Activities
capital expenditure
-920
-16,200
Change in Investments
cash flow from investments
-920
-16,200
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
-20
20
interest
5
cash flow from financing
-15
20
cash and cash equivalents
cash
-1,331
1,331
overdraft
change in cash
-1,331
1,331
medconnect europe 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 medconnect europe ltd. Get real-time insights into medconnect europe ltd's credit score, group structure and payment trends.
Perform a competitor analysis for medconnect europe ltd by selecting its closest rivals, whether from the EDUCATION sector, other small companies, companies in EC2A area or any other competitors across 12 key performance metrics.
medconnect europe ltd Ownership
MEDCONNECT EUROPE LTD group structure
Medconnect Europe Ltd has no subsidiary companies.
Ultimate parent company
MEDCONNECT EUROPE LTD
10796193
MEDCONNECT EUROPE LTD Shareholders
The largest shareholders in Medconnect Europe Ltd include Harrison Skye Ltd and Zadex Global Ltd.
harrison skye ltd
50%
zadex global ltd
50%
medconnect europe ltd directors
Medconnect Europe Ltd currently has 2 directors.
The longest serving directors include
Mr Adekunle Adetayo (May 2017) and
Mr Abdullah Malik (May 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 medconnect europe ltd.
medconnect europe ltd 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 MEDCONNECT EUROPE LTD. This can take several minutes, an email will notify you when this has completed.
medconnect europe ltdCompanies House Filings - See Documents
