gateway medical ltd
gateway medical ltd Company Information
Company Number
12344445
Next Accounts
42 days late
Shareholders
simon marc coles
richard mark forster
Group Structure
View All
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Registered Address
unit 11 bincknoll lane, royal wootton bassett, swindon, SN4 8SY
Website
-gateway medical ltd Estimated Valuation
Pomanda estimates the enterprise value of GATEWAY MEDICAL LTD at £809.4k based on a Turnover of £1.3m and 0.64x industry multiple (adjusted for size and gross margin).
gateway medical ltd Estimated Valuation
Pomanda estimates the enterprise value of GATEWAY MEDICAL LTD at £334.1k based on an EBITDA of £78.6k and a 4.25x industry multiple (adjusted for size and gross margin).
gateway medical ltd Estimated Valuation
Pomanda estimates the enterprise value of GATEWAY MEDICAL LTD at £162k based on Net Assets of £69k and 2.35x industry multiple (adjusted for liquidity).
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Gateway Medical Ltd Overview
Gateway Medical Ltd is a live company located in swindon, SN4 8SY with a Companies House number of 12344445. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in December 2019, it's largest shareholder is simon marc coles with a 50% stake. Gateway Medical Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.3m with unknown growth in recent years.
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Gateway Medical Ltd Health Check
Pomanda's financial health check has awarded Gateway Medical Ltd a 3.5 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
3 Regular
5 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£1.6m)
- Gateway Medical Ltd
£1.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Gateway Medical Ltd
- - Industry AVG
Production
with a gross margin of 44.4%, this company has a comparable cost of product (44.4%)
- Gateway Medical Ltd
44.4% - Industry AVG
Profitability
an operating margin of 6.2% make it as profitable than the average company (6.3%)
- Gateway Medical Ltd
6.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (17)
2 - Gateway Medical Ltd
17 - Industry AVG
Pay Structure
on an average salary of £47.3k, the company has an equivalent pay structure (£47.3k)
- Gateway Medical Ltd
£47.3k - Industry AVG
Efficiency
resulting in sales per employee of £635.6k, this is more efficient (£111.6k)
- Gateway Medical Ltd
£111.6k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is earlier than average (57 days)
- Gateway Medical Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 359 days, this is slower than average (33 days)
- Gateway Medical Ltd
33 days - Industry AVG
Stock Days
it holds stock equivalent to 129 days, this is more than average (29 days)
- Gateway Medical Ltd
29 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (32 weeks)
3 weeks - Gateway Medical Ltd
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92%, this is a higher level of debt than the average (51.9%)
92% - Gateway Medical Ltd
51.9% - Industry AVG
GATEWAY MEDICAL LTD financials
Gateway Medical Ltd's latest turnover from March 2023 is estimated at £1.3 million and the company has net assets of £69 thousand. According to their latest financial statements, Gateway Medical Ltd has 2 employees and maintains cash reserves of £46.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Dec 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Dec 2020 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 |
| Stock & work in progress | 251,452 | 207,599 | 0 |
| Trade Debtors | 107,134 | 222,595 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 452,936 | 26,641 | 0 |
| Cash | 46,642 | 58,556 | 1 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 858,164 | 515,391 | 1 |
| total assets | 858,164 | 515,391 | 1 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 696,606 | 478,856 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 92,593 | 33,056 | 0 |
| total current liabilities | 789,199 | 511,912 | 0 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 789,199 | 511,912 | 0 |
| net assets | 68,965 | 3,479 | 1 |
| total shareholders funds | 68,965 | 3,479 | 1 |
| Mar 2023 | Mar 2022 | Dec 2020 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 43,853 | 207,599 | 0 |
| Debtors | 310,834 | 249,236 | 0 |
| Creditors | 217,750 | 478,856 | 0 |
| Accruals and Deferred Income | 59,537 | 33,056 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -11,914 | 58,556 | 1 |
| overdraft | 0 | 0 | 0 |
| change in cash | -11,914 | 58,556 | 1 |
gateway medical ltd Credit Report and Business Information
Gateway Medical Ltd Competitor Analysis
Perform a competitor analysis for gateway medical ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in SN4 area or any other competitors across 12 key performance metrics.
gateway medical ltd Ownership
GATEWAY MEDICAL LTD group structure
Gateway Medical Ltd has no subsidiary companies.
Ultimate parent company
GATEWAY MEDICAL LTD
12344445
gateway medical ltd directors
Gateway Medical Ltd currently has 2 directors. The longest serving directors include Mr Richard Forster (Dec 2019) and Mr Simon Coles (Jan 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Forster | England | 48 years | Dec 2019 | - | Director |
| Mr Simon Coles | England | 59 years | Jan 2021 | - | Director |
P&L
March 2023turnover
1.3m
-30%
operating profit
78.6k
0%
gross margin
44.4%
+1.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
69k
+18.82%
total assets
858.2k
+0.67%
cash
46.6k
-0.2%
net assets
Total assets minus all liabilities
Similar Companies
gateway medical ltd company details
company number
12344445
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
December 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
ANDREW SPENCER ASSOCIATES LIMITED
auditor
-
address
unit 11 bincknoll lane, royal wootton bassett, swindon, SN4 8SY
Bank
-
Legal Advisor
-
gateway 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 gateway medical ltd.
gateway 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.
Click to start generating capital raising & share issue transactions for GATEWAY MEDICAL LTD. This can take several minutes, an email will notify you when this has completed.
gateway medical ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
