innovahealth ltd

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innovahealth ltd Company Information

Share INNOVAHEALTH LTD

Company Number

10799812

Shareholders

bernadette coleman

Group Structure

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Industry

Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

 +3

Registered Address

17 brushwood drive, chorleywood, herts, WD3 5RS

innovahealth ltd Estimated Valuation

£89.2k

Pomanda estimates the enterprise value of INNOVAHEALTH LTD at £89.2k based on a Turnover of £202.8k and 0.44x industry multiple (adjusted for size and gross margin).

innovahealth ltd Estimated Valuation

£53.6k

Pomanda estimates the enterprise value of INNOVAHEALTH LTD at £53.6k based on an EBITDA of £16.8k and a 3.18x industry multiple (adjusted for size and gross margin).

innovahealth ltd Estimated Valuation

£194.1k

Pomanda estimates the enterprise value of INNOVAHEALTH LTD at £194.1k based on Net Assets of £77.9k and 2.49x industry multiple (adjusted for liquidity).

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Innovahealth Ltd Overview

Innovahealth Ltd is a live company located in herts, WD3 5RS with a Companies House number of 10799812. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in June 2017, it's largest shareholder is bernadette coleman with a 100% stake. Innovahealth Ltd is a young, micro sized company, Pomanda has estimated its turnover at £202.8k with rapid growth in recent years.

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Innovahealth Ltd Health Check

Pomanda's financial health check has awarded Innovahealth Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £202.8k, make it smaller than the average company (£1.1m)

£202.8k - Innovahealth Ltd

£1.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 60%, show it is growing at a faster rate (5.8%)

60% - Innovahealth Ltd

5.8% - Industry AVG

production

Production

with a gross margin of 25.1%, this company has a higher cost of product (45.6%)

25.1% - Innovahealth Ltd

45.6% - Industry AVG

profitability

Profitability

an operating margin of 8.3% make it as profitable than the average company (7.7%)

8.3% - Innovahealth Ltd

7.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (15)

1 - Innovahealth Ltd

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £35k, the company has an equivalent pay structure (£35k)

£35k - Innovahealth Ltd

£35k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £202.8k, this is more efficient (£81.6k)

£202.8k - Innovahealth Ltd

£81.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 146 days, this is later than average (39 days)

146 days - Innovahealth Ltd

39 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 12 days, this is quicker than average (29 days)

12 days - Innovahealth Ltd

29 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Innovahealth Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Innovahealth Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 6.2%, this is a lower level of debt than the average (40.6%)

6.2% - Innovahealth Ltd

40.6% - Industry AVG

INNOVAHEALTH LTD financials

EXPORTms excel logo

Innovahealth Ltd's latest turnover from June 2023 is estimated at £202.8 thousand and the company has net assets of £77.9 thousand. According to their latest financial statements, Innovahealth Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018
Turnover202,805192,84653,13749,34041,04825,344
Other Income Or Grants
Cost Of Sales151,926142,16040,13835,61929,08017,773
Gross Profit50,87950,68612,99913,72111,9687,571
Admin Expenses34,062-32,20412,28312,80215,2837,372
Operating Profit16,81782,890716919-3,315199
Interest Payable
Interest Receivable
Pre-Tax Profit16,81782,890716919-3,315199
Tax-4,204-15,749-136-175-38
Profit After Tax12,61367,141580744-3,315161
Dividends Paid
Retained Profit12,61367,141580744-3,315161
Employee Costs34,98132,60131,84131,31832,09032,083
Number Of Employees111111
EBITDA*16,81782,890716919-3,315199

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018
Tangible Assets1,8073574779251,8512,777
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,8073574779251,8512,777
Stock & work in progress
Trade Debtors81,24182,47413,09911,0178,6846,039
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets81,24182,47413,09911,0178,6846,039
total assets83,04882,83113,57611,94210,5358,816
Bank overdraft
Bank loan
Trade Creditors 5,12417,52015,40614,35213,6898,655
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities5,12417,52015,40614,35213,6898,655
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities5,12417,52015,40614,35213,6898,655
net assets77,92465,311-1,830-2,410-3,154161
total shareholders funds77,92465,311-1,830-2,410-3,154161
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018
Operating Activities
Operating Profit16,81782,890716919-3,315199
Depreciation
Amortisation
Tax-4,204-15,749-136-175-38
Stock
Debtors-1,23369,3752,0822,3332,6456,039
Creditors-12,3962,1141,0546635,0348,655
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations1,450-120-448-926-9262,777
Investing Activities
capital expenditure-1,450120448926926-2,777
Change in Investments
cash flow from investments-1,450120448926926-2,777
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
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash

innovahealth ltd 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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Innovahealth Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for innovahealth ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in WD3 area or any other competitors across 12 key performance metrics.

innovahealth ltd Ownership

INNOVAHEALTH LTD group structure

Innovahealth Ltd has no subsidiary companies.

Ultimate parent company

INNOVAHEALTH LTD

10799812

INNOVAHEALTH LTD Shareholders

bernadette coleman 100%

innovahealth ltd directors

Innovahealth Ltd currently has 1 director, Mrs Bernadette Coleman serving since Jun 2017.

officercountryagestartendrole
Mrs Bernadette ColemanEngland60 years Jun 2017- Director

P&L

June 2023

turnover

202.8k

+5%

operating profit

16.8k

0%

gross margin

25.1%

-4.55%

turnover

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

Balance Sheet

June 2023

net assets

77.9k

+0.19%

total assets

83k

0%

cash

0

0%

net assets

Total assets minus all liabilities

innovahealth ltd company details

company number

10799812

Type

Private limited with Share Capital

industry

74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

86900 - Other human health activities

86210 - General medical practice activities

incorporation date

June 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

June 2023

previous names

trimodal consulting limited (April 2018)

accountant

-

auditor

-

address

17 brushwood drive, chorleywood, herts, WD3 5RS

Bank

-

Legal Advisor

-

innovahealth ltd 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 innovahealth ltd.

innovahealth 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.

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innovahealth ltd Companies House Filings - See Documents

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