sayso medical ltd
sayso medical ltd Company Information
Company Number
11355442
Next Accounts
Jun 2025
Industry
Other information technology and computer service activities
Shareholders
timothy richard cave
timothy john abram lyle
View AllGroup Structure
View All
Contact
Registered Address
c/o roxburgh milkins limited, merchants house north, bristol, BS1 4RW
Website
-sayso medical ltd Estimated Valuation
Pomanda estimates the enterprise value of SAYSO MEDICAL LTD at £1.5m based on a Turnover of £2m and 0.74x industry multiple (adjusted for size and gross margin).
sayso medical ltd Estimated Valuation
Pomanda estimates the enterprise value of SAYSO MEDICAL LTD at £1.1m based on an EBITDA of £228.3k and a 4.93x industry multiple (adjusted for size and gross margin).
sayso medical ltd Estimated Valuation
Pomanda estimates the enterprise value of SAYSO MEDICAL LTD at £844.9k based on Net Assets of £383.2k and 2.21x industry multiple (adjusted for liquidity).
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Sayso Medical Ltd Overview
Sayso Medical Ltd is a live company located in bristol, BS1 4RW with a Companies House number of 11355442. It operates in the other information technology service activities sector, SIC Code 62090. Founded in May 2018, it's largest shareholder is timothy richard cave with a 62.7% stake. Sayso Medical Ltd is a young, small sized company, Pomanda has estimated its turnover at £2m with rapid growth in recent years.
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Sayso Medical Ltd Health Check
Pomanda's financial health check has awarded Sayso Medical Ltd a 4.5 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
4 Strong
4 Regular
3 Weak
Size
annual sales of £2m, make it smaller than the average company (£6.9m)
- Sayso Medical Ltd
£6.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (6.8%)
- Sayso Medical Ltd
6.8% - Industry AVG
Production
with a gross margin of 50.2%, this company has a comparable cost of product (50.2%)
- Sayso Medical Ltd
50.2% - Industry AVG
Profitability
an operating margin of 7.6% make it more profitable than the average company (3.4%)
- Sayso Medical Ltd
3.4% - Industry AVG
Employees
with 17 employees, this is below the industry average (42)
17 - Sayso Medical Ltd
42 - Industry AVG
Pay Structure
on an average salary of £71.6k, the company has an equivalent pay structure (£71.6k)
- Sayso Medical Ltd
£71.6k - Industry AVG
Efficiency
resulting in sales per employee of £118.6k, this is less efficient (£173.3k)
- Sayso Medical Ltd
£173.3k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is near the average (53 days)
- Sayso Medical Ltd
53 days - Industry AVG
Creditor Days
its suppliers are paid after 58 days, this is slower than average (34 days)
- Sayso Medical Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sayso Medical Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 49 weeks, this is more cash available to meet short term requirements (15 weeks)
49 weeks - Sayso Medical Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.3%, this is a similar level of debt than the average (63.3%)
64.3% - Sayso Medical Ltd
63.3% - Industry AVG
SAYSO MEDICAL LTD financials
Sayso Medical Ltd's latest turnover from September 2023 is estimated at £2 million and the company has net assets of £383.2 thousand. According to their latest financial statements, Sayso Medical Ltd has 17 employees and maintains cash reserves of £644.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 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 | 17 | 15 | 8 | 5 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 13,094 | 12,228 | 15,771 | 15,202 | 2,401 |
| Intangible Assets | 66,963 | 49,871 | 80,356 | 73,210 | 68,917 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 80,057 | 62,099 | 96,127 | 88,412 | 71,318 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 262,042 | 251,851 | 253,623 | 173,967 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 86,083 | 34,064 | 13,623 | 5,677 | 19,351 |
| Cash | 644,706 | 276,649 | 171,809 | 159,575 | 169,869 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 992,831 | 562,564 | 439,055 | 339,219 | 189,220 |
| total assets | 1,072,888 | 624,663 | 535,182 | 427,631 | 260,538 |
| Bank overdraft | 10,000 | 10,000 | 10,000 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 160,148 | 96,676 | 27,677 | 16,290 | 9,183 |
| 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 | 502,047 | 237,011 | 85,373 | 44,764 | 2,181 |
| total current liabilities | 672,195 | 343,687 | 123,050 | 61,054 | 11,364 |
| loans | 17,500 | 27,500 | 37,500 | 50,000 | 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 | 17,500 | 27,500 | 37,500 | 50,000 | 0 |
| total liabilities | 689,695 | 371,187 | 160,550 | 111,054 | 11,364 |
| net assets | 383,193 | 253,476 | 374,632 | 316,577 | 249,174 |
| total shareholders funds | 383,193 | 253,476 | 374,632 | 316,577 | 249,174 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 8,920 | 9,506 | 7,540 | 3,647 | 1,034 |
| Amortisation | 66,963 | 53,975 | 46,099 | 29,160 | 4,170 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 62,210 | 18,669 | 87,602 | 160,293 | 19,351 |
| Creditors | 63,472 | 68,999 | 11,387 | 7,107 | 9,183 |
| Accruals and Deferred Income | 265,036 | 151,638 | 40,609 | 42,583 | 2,181 |
| 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 | -10,000 | -10,000 | -12,500 | 50,000 | 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 | 368,057 | 104,840 | 12,234 | -10,294 | 169,869 |
| overdraft | 0 | 0 | 10,000 | 0 | 0 |
| change in cash | 368,057 | 104,840 | 2,234 | -10,294 | 169,869 |
sayso medical ltd Credit Report and Business Information
Sayso Medical Ltd Competitor Analysis
Perform a competitor analysis for sayso medical ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in BS1 area or any other competitors across 12 key performance metrics.
sayso medical ltd Ownership
SAYSO MEDICAL LTD group structure
Sayso Medical Ltd has no subsidiary companies.
Ultimate parent company
SAYSO MEDICAL LTD
11355442
sayso medical ltd directors
Sayso Medical Ltd currently has 4 directors. The longest serving directors include Dr Timothy Cave (May 2018) and Mr Timothy Doust (Dec 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Timothy Cave | United Kingdom | 62 years | May 2018 | - | Director |
| Mr Timothy Doust | United Kingdom | 61 years | Dec 2018 | - | Director |
| Mr Timothy Lyle | England | 63 years | Dec 2018 | - | Director |
| Mr Stephen Vinall | United Kingdom | 54 years | Apr 2021 | - | Director |
P&L
September 2023turnover
2m
+18%
operating profit
152.4k
0%
gross margin
50.2%
-2.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
383.2k
+0.51%
total assets
1.1m
+0.72%
cash
644.7k
+1.33%
net assets
Total assets minus all liabilities
Similar Companies
sayso medical ltd company details
company number
11355442
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
May 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
JJ ACCOUNTANCY LTD
auditor
-
address
c/o roxburgh milkins limited, merchants house north, bristol, BS1 4RW
Bank
-
Legal Advisor
-
sayso 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 sayso medical ltd.
sayso medical 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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sayso medical ltd Companies House Filings - See Documents
| date | description | view/download |
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