induction healthcare (uk) limited
induction healthcare (uk) limited Company Information
Company Number
11237890
Next Accounts
Dec 2025
Shareholders
induction healthcare limited
Group Structure
View All
Industry
Other information technology and computer service activities
+2Registered Address
c/o pinsent masons, 30 crown place, london, EC2A 4ES
Website
inductionhealthcare.cominduction healthcare (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of INDUCTION HEALTHCARE (UK) LIMITED at £2.7m based on a Turnover of £4m and 0.67x industry multiple (adjusted for size and gross margin).
induction healthcare (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of INDUCTION HEALTHCARE (UK) LIMITED at £5m based on an EBITDA of £1.3m and a 3.78x industry multiple (adjusted for size and gross margin).
induction healthcare (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of INDUCTION HEALTHCARE (UK) LIMITED at £0 based on Net Assets of £-9.9m and 2.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Induction Healthcare (uk) Limited Overview
Induction Healthcare (uk) Limited is a live company located in london, EC2A 4ES with a Companies House number of 11237890. It operates in the business and domestic software development sector, SIC Code 62012. Founded in March 2018, it's largest shareholder is induction healthcare limited with a 100% stake. Induction Healthcare (uk) Limited is a young, small sized company, Pomanda has estimated its turnover at £4m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Induction Healthcare (uk) Limited Health Check
Pomanda's financial health check has awarded Induction Healthcare (Uk) Limited a 2.5 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
3 Strong
2 Regular
5 Weak
Size
annual sales of £4m, make it smaller than the average company (£8m)
- Induction Healthcare (uk) Limited
£8m - Industry AVG
Growth
3 year (CAGR) sales growth of 827%, show it is growing at a faster rate (8.1%)
- Induction Healthcare (uk) Limited
8.1% - Industry AVG
Production
with a gross margin of 28.2%, this company has a higher cost of product (53.4%)
- Induction Healthcare (uk) Limited
53.4% - Industry AVG
Profitability
an operating margin of 33.1% make it more profitable than the average company (4.2%)
- Induction Healthcare (uk) Limited
4.2% - Industry AVG
Employees
with 47 employees, this is similar to the industry average (42)
47 - Induction Healthcare (uk) Limited
42 - Industry AVG
Pay Structure
on an average salary of £67.6k, the company has an equivalent pay structure (£67.6k)
- Induction Healthcare (uk) Limited
£67.6k - Industry AVG
Efficiency
resulting in sales per employee of £84.8k, this is less efficient (£174.1k)
- Induction Healthcare (uk) Limited
£174.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Induction Healthcare (uk) Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 54 days, this is slower than average (39 days)
- Induction Healthcare (uk) Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Induction Healthcare (uk) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (14 weeks)
1 weeks - Induction Healthcare (uk) Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 170.6%, this is a higher level of debt than the average (61.9%)
170.6% - Induction Healthcare (uk) Limited
61.9% - Industry AVG
INDUCTION HEALTHCARE (UK) LIMITED financials
Induction Healthcare (Uk) Limited's latest turnover from March 2024 is estimated at £4 million and the company has net assets of -£9.9 million. According to their latest financial statements, Induction Healthcare (Uk) Limited has 47 employees and maintains cash reserves of £46.8 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 | |
|---|---|---|---|---|---|---|
| Turnover | 5,000 | |||||
| Other Income Or Grants | ||||||
| Cost Of Sales | 142,415 | |||||
| Gross Profit | -137,415 | |||||
| Admin Expenses | -5,079,637 | |||||
| Operating Profit | 4,942,222 | -3,285,998 | -2,704,770 | |||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | 4,942,222 | -3,285,998 | -2,704,770 | |||
| Tax | 445,470 | |||||
| Profit After Tax | 5,387,692 | -3,285,998 | -2,704,770 | |||
| Dividends Paid | ||||||
| Retained Profit | 5,387,692 | -3,285,998 | -2,704,770 | |||
| Employee Costs | ||||||
| Number Of Employees | 47 | 57 | 35 | 23 | 16 | 6 |
| EBITDA* | 5,351,074 | -3,092,900 | -2,704,770 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | ||||||
| Intangible Assets | 697,777 | 196,952 | ||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | 13,857,693 | 16,932,621 | 2,417,373 | 591,258 | ||
| Total Fixed Assets | 13,857,693 | 16,932,621 | 2,417,373 | 591,258 | 697,777 | 196,952 |
| Stock & work in progress | ||||||
| Trade Debtors | ||||||
| Group Debtors | 15,000 | |||||
| Misc Debtors | 54,111 | 227,618 | 183,178 | 614,385 | 80,533 | 117,086 |
| Cash | 46,845 | 7,673 | ||||
| misc current assets | ||||||
| total current assets | 100,956 | 235,291 | 183,178 | 614,385 | 95,533 | 117,086 |
| total assets | 13,958,649 | 17,167,912 | 2,600,551 | 1,205,643 | 793,310 | 314,038 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 429,159 | 1,284,374 | 381,588 | 146,150 | 37,373 | 147,356 |
| Group/Directors Accounts | 2,224,640 | |||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 1,160,882 | 1,189,166 | 337,964 | 300,749 | 646,811 | |
| total current liabilities | 1,590,041 | 1,284,374 | 1,570,754 | 484,114 | 338,122 | 3,018,807 |
| loans | 22,230,296 | 24,718,412 | 6,052,367 | 784,935 | 6,310,023 | |
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | 61,425 | |||||
| total long term liabilities | 22,230,296 | 24,718,412 | 6,052,367 | 846,360 | 6,310,023 | |
| total liabilities | 23,820,337 | 26,002,786 | 7,623,121 | 1,330,474 | 6,648,145 | 3,018,807 |
| net assets | -9,861,688 | -8,834,874 | -5,022,570 | -124,831 | -5,854,835 | -2,704,769 |
| total shareholders funds | -9,861,688 | -8,834,874 | -5,022,570 | -129,831 | -5,854,835 | -2,704,769 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 4,942,222 | -3,285,998 | -2,704,770 | |||
| Depreciation | ||||||
| Amortisation | 408,852 | 193,098 | ||||
| Tax | 445,470 | |||||
| Stock | ||||||
| Debtors | -3,248,435 | 14,559,688 | 1,394,908 | 1,110,110 | -21,553 | 117,086 |
| Creditors | -855,215 | 902,786 | 235,438 | 108,777 | -109,983 | 147,356 |
| Accruals and Deferred Income | 1,160,882 | -1,189,166 | 851,202 | 37,215 | -346,062 | 646,811 |
| Deferred Taxes & Provisions | -61,425 | 61,425 | ||||
| Cash flow from operations | 4,893,851 | -3,527,392 | -2,027,689 | |||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | -2,224,640 | 2,224,640 | ||||
| Other Short Term Loans | ||||||
| Long term loans | -2,488,116 | 18,666,045 | 5,267,432 | -5,525,088 | 6,310,023 | |
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | -5,187,776 | 4,221,315 | 2,224,641 | |||
| cash and cash equivalents | ||||||
| cash | 39,172 | 7,673 | ||||
| overdraft | ||||||
| change in cash | 39,172 | 7,673 |
induction healthcare (uk) limited Credit Report and Business Information
Induction Healthcare (uk) Limited Competitor Analysis
Perform a competitor analysis for induction healthcare (uk) limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in EC2A area or any other competitors across 12 key performance metrics.
induction healthcare (uk) limited Ownership
INDUCTION HEALTHCARE (UK) LIMITED group structure
Induction Healthcare (Uk) Limited has no subsidiary companies.
Ultimate parent company
2 parents
INDUCTION HEALTHCARE (UK) LIMITED
11237890
induction healthcare (uk) limited directors
Induction Healthcare (Uk) Limited currently has 3 directors. The longest serving directors include Mr Saiyed Mahmood (Jun 2019) and Mr Paul Tambeau (Jun 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Saiyed Mahmood | United Kingdom | 51 years | Jun 2019 | - | Director |
| Mr Paul Tambeau | England | 44 years | Jun 2023 | - | Director |
| Mr John MacIntosh | England | 56 years | Jun 2023 | - | Director |
P&L
March 2024turnover
4m
-17%
operating profit
1.3m
0%
gross margin
28.3%
-2.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-9.9m
+0.12%
total assets
14m
-0.19%
cash
46.8k
+5.11%
net assets
Total assets minus all liabilities
Similar Companies
induction healthcare (uk) limited company details
company number
11237890
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
62090 - Other information technology and computer service activities
61900 - Other telecommunications activities
incorporation date
March 2018
age
7
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
March 2024
previous names
pacific shelf 1848 limited (September 2018)
accountant
-
auditor
-
address
c/o pinsent masons, 30 crown place, london, EC2A 4ES
Bank
-
Legal Advisor
-
induction healthcare (uk) 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 did not find charges/mortgages relating to induction healthcare (uk) limited.
induction healthcare (uk) 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.
Click to start generating capital raising & share issue transactions for INDUCTION HEALTHCARE (UK) LIMITED. This can take several minutes, an email will notify you when this has completed.
induction healthcare (uk) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
