ashok medical ltd
ashok medical ltd Company Information
Company Number
11219352
Next Accounts
6 days late
Industry
Hospital activities
Other human health activities
Shareholders
ashok kumar bangalore puttappa
chandrakala naganahalli channappa
Group Structure
View All
Contact
Registered Address
15 bluebell drive, newcastle, ST5 3UD
Website
-ashok medical ltd Estimated Valuation
Pomanda estimates the enterprise value of ASHOK MEDICAL LTD at £34.4k based on a Turnover of £59k and 0.58x industry multiple (adjusted for size and gross margin).
ashok medical ltd Estimated Valuation
Pomanda estimates the enterprise value of ASHOK MEDICAL LTD at £226.7k based on an EBITDA of £52.8k and a 4.29x industry multiple (adjusted for size and gross margin).
ashok medical ltd Estimated Valuation
Pomanda estimates the enterprise value of ASHOK MEDICAL LTD at £202.6k based on Net Assets of £72.5k and 2.79x industry multiple (adjusted for liquidity).
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Ashok Medical Ltd Overview
Ashok Medical Ltd is a live company located in newcastle, ST5 3UD with a Companies House number of 11219352. It operates in the hospital activities sector, SIC Code 86101. Founded in February 2018, it's largest shareholder is ashok kumar bangalore puttappa with a 50% stake. Ashok Medical Ltd is a young, micro sized company, Pomanda has estimated its turnover at £59k with high growth in recent years.
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Ashok Medical Ltd Health Check
Pomanda's financial health check has awarded Ashok Medical Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
2 Weak
Size
annual sales of £59k, make it smaller than the average company (£2.4m)
- Ashok Medical Ltd
£2.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (5.8%)
- Ashok Medical Ltd
5.8% - Industry AVG
Production
with a gross margin of 36.6%, this company has a comparable cost of product (36.6%)
- Ashok Medical Ltd
36.6% - Industry AVG
Profitability
an operating margin of 89.3% make it more profitable than the average company (8%)
- Ashok Medical Ltd
8% - Industry AVG
Employees
with 1 employees, this is below the industry average (31)
1 - Ashok Medical Ltd
31 - Industry AVG
Pay Structure
on an average salary of £27.2k, the company has an equivalent pay structure (£27.2k)
- Ashok Medical Ltd
£27.2k - Industry AVG
Efficiency
resulting in sales per employee of £59k, this is equally as efficient (£59k)
- Ashok Medical Ltd
£59k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Ashok Medical Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ashok Medical Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ashok Medical Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 139 weeks, this is more cash available to meet short term requirements (77 weeks)
139 weeks - Ashok Medical Ltd
77 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.1%, this is a similar level of debt than the average (37.8%)
37.1% - Ashok Medical Ltd
37.8% - Industry AVG
ASHOK MEDICAL LTD financials
Ashok Medical Ltd's latest turnover from February 2023 is estimated at £59 thousand and the company has net assets of £72.5 thousand. According to their latest financial statements, Ashok Medical Ltd has 1 employee and maintains cash reserves of £114.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| Turnover | |||||
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | |||||
| Admin Expenses | |||||
| Operating Profit | |||||
| Interest Payable | |||||
| Interest Receivable | |||||
| Pre-Tax Profit | |||||
| Tax | |||||
| Profit After Tax | |||||
| Dividends Paid | |||||
| Retained Profit | |||||
| Employee Costs | |||||
| Number Of Employees | 1 | 1 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 560 | 700 | 875 | 1,094 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 560 | 700 | 875 | 1,094 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 114,616 | 51,963 | 8,426 | 14,683 | 10,980 |
| misc current assets | 1 | 0 | 0 | 0 | 0 |
| total current assets | 114,617 | 51,963 | 8,426 | 14,683 | 10,980 |
| total assets | 115,177 | 52,663 | 9,301 | 15,777 | 10,980 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 1 | 1 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 42,686 | 25,506 | 7,836 | 12,523 | 9,642 |
| total current liabilities | 42,686 | 25,506 | 7,836 | 12,524 | 9,643 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 42,686 | 25,506 | 7,836 | 12,524 | 9,643 |
| net assets | 72,491 | 27,157 | 1,465 | 3,253 | 1,337 |
| total shareholders funds | 72,491 | 27,157 | 1,465 | 3,253 | 1,337 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 140 | 175 | 219 | 274 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | 0 | 0 |
| Creditors | 0 | 0 | -1 | 0 | 1 |
| Accruals and Deferred Income | 17,180 | 17,670 | -4,687 | 2,881 | 9,642 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 62,653 | 43,537 | -6,257 | 3,703 | 10,980 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 62,653 | 43,537 | -6,257 | 3,703 | 10,980 |
ashok medical ltd Credit Report and Business Information
Ashok Medical Ltd Competitor Analysis
Perform a competitor analysis for ashok medical ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in ST5 area or any other competitors across 12 key performance metrics.
ashok medical ltd Ownership
ASHOK MEDICAL LTD group structure
Ashok Medical Ltd has no subsidiary companies.
Ultimate parent company
ASHOK MEDICAL LTD
11219352
ashok medical ltd directors
Ashok Medical Ltd currently has 2 directors. The longest serving directors include Dr Ashok Bangalore Puttappa (Feb 2018) and Mrs Chandrakala Naganahalli Channappa (Feb 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Ashok Bangalore Puttappa | United Kingdom | 49 years | Feb 2018 | - | Director |
| Mrs Chandrakala Naganahalli Channappa | United Kingdom | 46 years | Feb 2018 | - | Director |
P&L
February 2023turnover
59k
0%
operating profit
52.6k
0%
gross margin
36.7%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
72.5k
+1.67%
total assets
115.2k
+1.19%
cash
114.6k
+1.21%
net assets
Total assets minus all liabilities
ashok medical ltd company details
company number
11219352
Type
Private limited with Share Capital
industry
86101 - Hospital activities
86900 - Other human health activities
incorporation date
February 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2023
previous names
N/A
accountant
MSR GROUP LTD
auditor
-
address
15 bluebell drive, newcastle, ST5 3UD
Bank
-
Legal Advisor
-
ashok medical 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 ashok medical ltd.
ashok medical ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
