med21 ltd
med21 ltd Company Information
Company Number
12271349
Next Accounts
Jul 2025
Industry
Hairdressing and other beauty treatment
Directors
Shareholders
huseyin tekin
Group Structure
View All
Contact
Registered Address
72 penny street, lancaster, LA1 1XN
Website
-med21 ltd Estimated Valuation
Pomanda estimates the enterprise value of MED21 LTD at £54.7k based on a Turnover of £80.9k and 0.68x industry multiple (adjusted for size and gross margin).
med21 ltd Estimated Valuation
Pomanda estimates the enterprise value of MED21 LTD at £0 based on an EBITDA of £-789 and a 4.05x industry multiple (adjusted for size and gross margin).
med21 ltd Estimated Valuation
Pomanda estimates the enterprise value of MED21 LTD at £8.7k based on Net Assets of £1.9k and 4.62x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Med21 Ltd Overview
Med21 Ltd is a live company located in lancaster, LA1 1XN with a Companies House number of 12271349. It operates in the hairdressing and other beauty treatment sector, SIC Code 96020. Founded in October 2019, it's largest shareholder is huseyin tekin with a 100% stake. Med21 Ltd is a young, micro sized company, Pomanda has estimated its turnover at £80.9k with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Med21 Ltd Health Check
Pomanda's financial health check has awarded Med21 Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
4 Weak
Size
annual sales of £80.9k, make it in line with the average company (£90.1k)
- Med21 Ltd
£90.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 87%, show it is growing at a faster rate (8.4%)
- Med21 Ltd
8.4% - Industry AVG
Production
with a gross margin of 50.1%, this company has a higher cost of product (79.2%)
- Med21 Ltd
79.2% - Industry AVG
Profitability
an operating margin of -1% make it less profitable than the average company (7.5%)
- Med21 Ltd
7.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Med21 Ltd
4 - Industry AVG
Pay Structure
on an average salary of £15k, the company has an equivalent pay structure (£15k)
- Med21 Ltd
£15k - Industry AVG
Efficiency
resulting in sales per employee of £40.4k, this is equally as efficient (£37.7k)
- Med21 Ltd
£37.7k - Industry AVG
Debtor Days
it gets paid by customers after 139 days, this is later than average (31 days)
- Med21 Ltd
31 days - Industry AVG
Creditor Days
its suppliers are paid after 113 days, this is slower than average (91 days)
- Med21 Ltd
91 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Med21 Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 63 weeks, this is more cash available to meet short term requirements (25 weeks)
63 weeks - Med21 Ltd
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.9%, this is a similar level of debt than the average (90.3%)
95.9% - Med21 Ltd
90.3% - Industry AVG
MED21 LTD financials
Med21 Ltd's latest turnover from October 2023 is estimated at £80.9 thousand and the company has net assets of £1.9 thousand. According to their latest financial statements, Med21 Ltd has 2 employees and maintains cash reserves of £15.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | |
|---|---|---|---|---|
| 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 | 2 | 3 | 3 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | |
|---|---|---|---|---|
| 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 | 30,914 | 37,082 | 0 | 1,530 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 15,400 | 8,533 | 53,545 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 46,314 | 45,615 | 53,545 | 1,530 |
| total assets | 46,314 | 45,615 | 53,545 | 1,530 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 12,586 | 1,837 | 1,335 | 965 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 12,586 | 1,837 | 1,335 | 965 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 31,848 | 41,737 | 50,000 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 31,848 | 41,737 | 50,000 | 0 |
| total liabilities | 44,434 | 43,574 | 51,335 | 965 |
| net assets | 1,880 | 2,041 | 2,210 | 565 |
| total shareholders funds | 1,880 | 2,041 | 2,210 | 565 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -6,168 | 37,082 | -1,530 | 1,530 |
| Creditors | 10,749 | 502 | 370 | 965 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 |
| 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 | -9,889 | -8,263 | 50,000 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 6,867 | -45,012 | 53,545 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 6,867 | -45,012 | 53,545 | 0 |
med21 ltd Credit Report and Business Information
Med21 Ltd Competitor Analysis
Perform a competitor analysis for med21 ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in LA1 area or any other competitors across 12 key performance metrics.
med21 ltd Ownership
MED21 LTD group structure
Med21 Ltd has no subsidiary companies.
Ultimate parent company
MED21 LTD
12271349
med21 ltd directors
Med21 Ltd currently has 1 director, Mr Huseyin Tekin serving since Oct 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Huseyin Tekin | England | 44 years | Oct 2019 | - | Director |
P&L
October 2023turnover
80.9k
-10%
operating profit
-789.2
0%
gross margin
50.2%
+2.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
1.9k
-0.08%
total assets
46.3k
+0.02%
cash
15.4k
+0.8%
net assets
Total assets minus all liabilities
Similar Companies
med21 ltd company details
company number
12271349
Type
Private limited with Share Capital
industry
96020 - Hairdressing and other beauty treatment
incorporation date
October 2019
age
6
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
October 2023
previous names
N/A
accountant
AVELLION LIMITED
auditor
-
address
72 penny street, lancaster, LA1 1XN
Bank
-
Legal Advisor
-
med21 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 med21 ltd.
med21 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.
Click to start generating capital raising & share issue transactions for MED21 LTD. This can take several minutes, an email will notify you when this has completed.
med21 ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
