md hearing ltd
md hearing ltd Company Information
Company Number
12459266
Next Accounts
Jul 2026
Industry
Retail sale of hearing aids in specialised stores
Shareholders
james matthew dargie
Group Structure
View All
Contact
Registered Address
8 kings gardens 6 royal court, hove, BN3 2PF
Website
-md hearing ltd Estimated Valuation
Pomanda estimates the enterprise value of MD HEARING LTD at £60.1k based on a Turnover of £56.5k and 1.06x industry multiple (adjusted for size and gross margin).
md hearing ltd Estimated Valuation
Pomanda estimates the enterprise value of MD HEARING LTD at £91.7k based on an EBITDA of £15.5k and a 5.92x industry multiple (adjusted for size and gross margin).
md hearing ltd Estimated Valuation
Pomanda estimates the enterprise value of MD HEARING LTD at £156.6k based on Net Assets of £45.3k and 3.46x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Md Hearing Ltd Overview
Md Hearing Ltd is a live company located in hove, BN3 2PF with a Companies House number of 12459266. It operates in the retail sale of hearing aids sector, SIC Code 47741. Founded in February 2020, it's largest shareholder is james matthew dargie with a 100% stake. Md Hearing Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £56.5k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Md Hearing Ltd Health Check
Pomanda's financial health check has awarded Md Hearing Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £107.3k, make it smaller than the average company (£47m)
- Md Hearing Ltd
£47m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (19.4%)
- Md Hearing Ltd
19.4% - Industry AVG
Production
with a gross margin of 26.6%, this company has a comparable cost of product (26.6%)
- Md Hearing Ltd
26.6% - Industry AVG
Profitability
an operating margin of -2.6% make it less profitable than the average company (4.1%)
- Md Hearing Ltd
4.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
1 - Md Hearing Ltd
14 - Industry AVG
Pay Structure
on an average salary of £45k, the company has an equivalent pay structure (£45k)
- Md Hearing Ltd
£45k - Industry AVG
Efficiency
resulting in sales per employee of £107.3k, this is equally as efficient (£107.3k)
- Md Hearing Ltd
£107.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Md Hearing Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Md Hearing Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Md Hearing Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3686 weeks, this is more cash available to meet short term requirements (9 weeks)
3686 weeks - Md Hearing Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.3%, this is a lower level of debt than the average (48%)
1.3% - Md Hearing Ltd
48% - Industry AVG
MD HEARING LTD financials
Md Hearing Ltd's latest turnover from October 2024 is estimated at £56.5 thousand and the company has net assets of £45.3 thousand. According to their latest financial statements, Md Hearing Ltd has 1 employee and maintains cash reserves of £51.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2024 | Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | |
|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2024 | Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | |
|---|---|---|---|---|---|
| Tangible Assets | 389 | 584 | 877 | 1,169 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 389 | 584 | 877 | 1,169 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,250 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 1,141 | 1,141 | 1,140 | 0 |
| Cash | 51,935 | 29,773 | 30,848 | 35,594 | 42,695 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 53,185 | 30,914 | 31,989 | 36,734 | 42,695 |
| total assets | 53,574 | 31,498 | 32,866 | 37,903 | 42,695 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 12,500 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 6,135 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 8,255 | 420 | 576 | 648 | 4,912 |
| total current liabilities | 8,255 | 420 | 576 | 648 | 23,547 |
| loans | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 8,255 | 420 | 576 | 648 | 23,547 |
| net assets | 45,319 | 31,078 | 32,290 | 37,255 | 19,148 |
| total shareholders funds | 45,319 | 31,078 | 32,290 | 37,255 | 19,148 |
| Oct 2024 | Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 195 | 293 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 109 | 0 | 1 | 1,140 | 0 |
| Creditors | 0 | 0 | 0 | -12,500 | 12,500 |
| Accruals and Deferred Income | 7,679 | -156 | -72 | -4,264 | 4,912 |
| 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 | -6,135 | 6,135 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 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 | 21,087 | -1,075 | -4,746 | -7,101 | 42,695 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 21,087 | -1,075 | -4,746 | -7,101 | 42,695 |
md hearing ltd Credit Report and Business Information
Md Hearing Ltd Competitor Analysis
Perform a competitor analysis for md hearing ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in BN3 area or any other competitors across 12 key performance metrics.
md hearing ltd Ownership
MD HEARING LTD group structure
Md Hearing Ltd has no subsidiary companies.
Ultimate parent company
MD HEARING LTD
12459266
md hearing ltd directors
Md Hearing Ltd currently has 2 directors. The longest serving directors include Mr James Dargie (Feb 2020) and Mr James Dargie (Feb 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Dargie | 38 years | Feb 2020 | - | Director | |
| Mr James Dargie | England | 38 years | Feb 2020 | - | Director |
P&L
October 2024turnover
56.5k
-17%
operating profit
15.3k
0%
gross margin
39.3%
+42.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2024net assets
45.3k
+0.4%
total assets
53.6k
+0.63%
cash
51.9k
+0.68%
net assets
Total assets minus all liabilities
Similar Companies
md hearing ltd company details
company number
12459266
Type
Private limited with Share Capital
industry
47741 - Retail sale of hearing aids in specialised stores
incorporation date
February 2020
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2024
previous names
N/A
accountant
BRAIDEN ACCOUNTS
auditor
-
address
8 kings gardens 6 royal court, hove, BN3 2PF
Bank
-
Legal Advisor
-
md hearing 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 md hearing ltd.
md hearing 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 MD HEARING LTD. This can take several minutes, an email will notify you when this has completed.
md hearing ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
