spine care group limited

Live YoungMicroRapid

spine care group limited Company Information

Share SPINE CARE GROUP LIMITED

Company Number

12357464

Shareholders

zameena quraishi

nasir quraishi

Group Structure

View All

Industry

Specialist medical practice activities

 

Registered Address

fletcher & co, staffordshire hou, beechdale road, nottingham, nottinghamshire, NG8 3FH

Website

-

spine care group limited Estimated Valuation

£109.1k

Pomanda estimates the enterprise value of SPINE CARE GROUP LIMITED at £109.1k based on a Turnover of £276k and 0.4x industry multiple (adjusted for size and gross margin).

spine care group limited Estimated Valuation

£84.9k

Pomanda estimates the enterprise value of SPINE CARE GROUP LIMITED at £84.9k based on an EBITDA of £31.4k and a 2.7x industry multiple (adjusted for size and gross margin).

spine care group limited Estimated Valuation

£139.3k

Pomanda estimates the enterprise value of SPINE CARE GROUP LIMITED at £139.3k based on Net Assets of £62.2k and 2.24x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Spine Care Group Limited Overview

Spine Care Group Limited is a live company located in nottingham, NG8 3FH with a Companies House number of 12357464. It operates in the specialists medical practice activities sector, SIC Code 86220. Founded in December 2019, it's largest shareholder is zameena quraishi with a 50% stake. Spine Care Group Limited is a young, micro sized company, Pomanda has estimated its turnover at £276k with rapid growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Spine Care Group Limited Health Check

Pomanda's financial health check has awarded Spine Care Group Limited 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

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £276k, make it smaller than the average company (£738.9k)

£276k - Spine Care Group Limited

£738.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 82%, show it is growing at a faster rate (7.3%)

82% - Spine Care Group Limited

7.3% - Industry AVG

production

Production

with a gross margin of 27.9%, this company has a higher cost of product (51.7%)

27.9% - Spine Care Group Limited

51.7% - Industry AVG

profitability

Profitability

an operating margin of 11.4% make it as profitable than the average company (11.9%)

11.4% - Spine Care Group Limited

11.9% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (13)

2 - Spine Care Group Limited

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.7k, the company has an equivalent pay structure (£33.7k)

£33.7k - Spine Care Group Limited

£33.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £138k, this is more efficient (£82.6k)

£138k - Spine Care Group Limited

£82.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 93 days, this is later than average (34 days)

93 days - Spine Care Group Limited

34 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 17 days, this is quicker than average (34 days)

17 days - Spine Care Group Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Spine Care Group Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Spine Care Group Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 13.1%, this is a lower level of debt than the average (37.6%)

13.1% - Spine Care Group Limited

37.6% - Industry AVG

SPINE CARE GROUP LIMITED financials

EXPORTms excel logo

Spine Care Group Limited's latest turnover from December 2023 is estimated at £276 thousand and the company has net assets of £62.2 thousand. According to their latest financial statements, we estimate that Spine Care Group Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020
Turnover276,047163,26051,64645,708
Other Income Or Grants
Cost Of Sales198,978110,96932,85930,776
Gross Profit77,06952,29118,78714,931
Admin Expenses45,66422,0315,04111,251
Operating Profit31,40530,26013,7463,680
Interest Payable
Interest Receivable
Pre-Tax Profit31,40530,26013,7463,680
Tax-7,851-5,749-2,612-699
Profit After Tax23,55424,51111,1342,981
Dividends Paid
Retained Profit23,55424,51111,1342,981
Employee Costs67,47559,14128,70053,750
Number Of Employees2212
EBITDA*31,40530,26013,7463,680

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020
Tangible Assets522614722850
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets522614722850
Stock & work in progress
Trade Debtors70,99153,13220,1324,912
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets70,99153,13220,1324,912
total assets71,51353,74620,8545,762
Bank overdraft
Bank loan
Trade Creditors 9,33315,1206,7392,781
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities9,33315,1206,7392,781
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities9,33315,1206,7392,781
net assets62,18038,62614,1152,981
total shareholders funds62,18038,62614,1152,981
Dec 2023Dec 2022Dec 2021Dec 2020
Operating Activities
Operating Profit31,40530,26013,7463,680
Depreciation
Amortisation
Tax-7,851-5,749-2,612-699
Stock
Debtors17,85933,00015,2204,912
Creditors-5,7878,3813,9582,781
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-92-108-128850
Investing Activities
capital expenditure92108128-850
Change in Investments
cash flow from investments92108128-850
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash

spine care group limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for spine care group limited. Get real-time insights into spine care group limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Spine Care Group Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for spine care group limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in NG8 area or any other competitors across 12 key performance metrics.

spine care group limited Ownership

SPINE CARE GROUP LIMITED group structure

Spine Care Group Limited has no subsidiary companies.

Ultimate parent company

SPINE CARE GROUP LIMITED

12357464

SPINE CARE GROUP LIMITED Shareholders

zameena quraishi 50%
nasir quraishi 50%

spine care group limited directors

Spine Care Group Limited currently has 3 directors. The longest serving directors include Professor Nasir Quraishi (Dec 2019) and Mrs Zameena Quraishi (Dec 2019).

officercountryagestartendrole
Professor Nasir QuraishiUnited Kingdom52 years Dec 2019- Director
Mrs Zameena QuraishiUnited Kingdom48 years Dec 2019- Director
Miss Maryam QuraishiUnited Kingdom18 years Oct 2024- Director

P&L

December 2023

turnover

276k

+69%

operating profit

31.4k

0%

gross margin

28%

-12.83%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

62.2k

+0.61%

total assets

71.5k

+0.33%

cash

0

0%

net assets

Total assets minus all liabilities

spine care group limited company details

company number

12357464

Type

Private limited with Share Capital

industry

86220 - Specialist medical practice activities

incorporation date

December 2019

age

6

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

fletcher & co, staffordshire hou, beechdale road, nottingham, nottinghamshire, NG8 3FH

Bank

-

Legal Advisor

-

spine care group 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 spine care group limited.

spine care group 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 SPINE CARE GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.

spine care group limited Companies House Filings - See Documents

datedescriptionview/download