my health xtras ltd
my health xtras ltd Company Information
Company Number
11742197
Website
-Registered Address
2 charlesworth court, knights way, shrewsbury, SY1 3AB
Industry
Activities of insurance agents and brokers
Telephone
01743452430
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
lyneal group ltd 100%
my health xtras ltd Estimated Valuation
Pomanda estimates the enterprise value of MY HEALTH XTRAS LTD at £410.7k based on a Turnover of £339.2k and 1.21x industry multiple (adjusted for size and gross margin).
my health xtras ltd Estimated Valuation
Pomanda estimates the enterprise value of MY HEALTH XTRAS LTD at £0 based on an EBITDA of £-88.6k and a 7.02x industry multiple (adjusted for size and gross margin).
my health xtras ltd Estimated Valuation
Pomanda estimates the enterprise value of MY HEALTH XTRAS LTD at £1.9m based on Net Assets of £624.3k and 3.1x industry multiple (adjusted for liquidity).
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My Health Xtras Ltd Overview
My Health Xtras Ltd is a live company located in shrewsbury, SY1 3AB with a Companies House number of 11742197. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in December 2018, it's largest shareholder is lyneal group ltd with a 100% stake. My Health Xtras Ltd is a young, micro sized company, Pomanda has estimated its turnover at £339.2k with declining growth in recent years.
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My Health Xtras Ltd Health Check
Pomanda's financial health check has awarded My Health Xtras Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £339.2k, make it smaller than the average company (£3m)
- My Health Xtras Ltd
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (5.3%)
- My Health Xtras Ltd
5.3% - Industry AVG
Production
with a gross margin of 93.2%, this company has a comparable cost of product (93.2%)
- My Health Xtras Ltd
93.2% - Industry AVG
Profitability
an operating margin of -26.1% make it less profitable than the average company (18.4%)
- My Health Xtras Ltd
18.4% - Industry AVG
Employees
with 5 employees, this is below the industry average (21)
5 - My Health Xtras Ltd
21 - Industry AVG
Pay Structure
on an average salary of £49.7k, the company has an equivalent pay structure (£49.7k)
- My Health Xtras Ltd
£49.7k - Industry AVG
Efficiency
resulting in sales per employee of £67.8k, this is less efficient (£115.6k)
- My Health Xtras Ltd
£115.6k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (73 days)
- My Health Xtras Ltd
73 days - Industry AVG
Creditor Days
its suppliers are paid after 1076 days, this is slower than average (111 days)
- My Health Xtras Ltd
111 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- My Health Xtras Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 150 weeks, this is more cash available to meet short term requirements (34 weeks)
150 weeks - My Health Xtras Ltd
34 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19.2%, this is a lower level of debt than the average (62.5%)
19.2% - My Health Xtras Ltd
62.5% - Industry AVG
MY HEALTH XTRAS LTD financials
My Health Xtras Ltd's latest turnover from December 2022 is estimated at £339.2 thousand and the company has net assets of £624.3 thousand. According to their latest financial statements, My Health Xtras Ltd has 5 employees and maintains cash reserves of £427.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 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 | 5 | 5 | 5 | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 6,241 | 0 | 0 | 0 |
| Group Debtors | 71,202 | 85,297 | 326,166 | 89,168 |
| Misc Debtors | 266,989 | 251,788 | 45,595 | 48,418 |
| Cash | 427,770 | 509,183 | 266,743 | 39,231 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 772,202 | 846,268 | 638,504 | 176,817 |
| total assets | 772,202 | 846,268 | 638,504 | 176,817 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 67,958 | 107,200 | 68,419 | 50,997 |
| Group/Directors Accounts | 39,425 | 309 | 474 | 483 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 40,564 | 42,267 | 62,597 | 20,737 |
| total current liabilities | 147,947 | 149,776 | 131,490 | 72,217 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 147,947 | 149,776 | 131,490 | 72,217 |
| net assets | 624,255 | 696,492 | 507,014 | 104,600 |
| total shareholders funds | 624,255 | 696,492 | 507,014 | 104,600 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 7,347 | -34,676 | 234,175 | 137,586 |
| Creditors | -39,242 | 38,781 | 17,422 | 50,997 |
| Accruals and Deferred Income | -1,703 | -20,330 | 41,860 | 20,737 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 39,116 | -165 | -9 | 483 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -81,413 | 242,440 | 227,512 | 39,231 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -81,413 | 242,440 | 227,512 | 39,231 |
my health xtras ltd Credit Report and Business Information
My Health Xtras Ltd Competitor Analysis
Perform a competitor analysis for my health xtras ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
my health xtras ltd Ownership
MY HEALTH XTRAS LTD group structure
My Health Xtras Ltd has no subsidiary companies.
my health xtras ltd directors
My Health Xtras Ltd currently has 2 directors. The longest serving directors include Mr Martin Jones (Dec 2018) and Mr Jonathan Breakell (Sep 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Jones | England | 50 years | Dec 2018 | - | Director |
| Mr Jonathan Breakell | England | 27 years | Sep 2021 | - | Director |
P&L
December 2022turnover
339.2k
-31%
operating profit
-88.6k
0%
gross margin
93.3%
+4.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
624.3k
-0.1%
total assets
772.2k
-0.09%
cash
427.8k
-0.16%
net assets
Total assets minus all liabilities
my health xtras ltd company details
company number
11742197
Type
Private limited with Share Capital
industry
66220 - Activities of insurance agents and brokers
incorporation date
December 2018
age
6
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
2 charlesworth court, knights way, shrewsbury, SY1 3AB
last accounts submitted
December 2022
my health xtras 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 found 1 charges/mortgages relating to my health xtras ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
my health xtras ltd Companies House Filings - See Documents
| date | description | view/download |
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