my health online ltd
my health online ltd Company Information
Company Number
12555647
Website
health-on-line.co.ukRegistered Address
35 greenhey place, skelmersdale, lancashire, WN8 9SA
Industry
Specialist medical practice activities
Telephone
-
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
jcco healthcare limited 100%
my health online ltd Estimated Valuation
Pomanda estimates the enterprise value of MY HEALTH ONLINE LTD at £110k based on a Turnover of £191.5k and 0.57x industry multiple (adjusted for size and gross margin).
my health online ltd Estimated Valuation
Pomanda estimates the enterprise value of MY HEALTH ONLINE LTD at £14.4m based on an EBITDA of £3.3m and a 4.32x industry multiple (adjusted for size and gross margin).
my health online ltd Estimated Valuation
Pomanda estimates the enterprise value of MY HEALTH ONLINE LTD at £7.5m based on Net Assets of £2.9m and 2.54x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
My Health Online Ltd Overview
My Health Online Ltd is a live company located in lancashire, WN8 9SA with a Companies House number of 12555647. It operates in the specialists medical practice activities sector, SIC Code 86220. Founded in April 2020, it's largest shareholder is jcco healthcare limited with a 100% stake. My Health Online Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £191.5k with unknown growth in recent years.
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My Health Online Ltd Health Check
Pomanda's financial health check has awarded My Health Online Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £191.5k, make it smaller than the average company (£408.7k)
- My Health Online Ltd
£408.7k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- My Health Online Ltd
- - Industry AVG
Production
with a gross margin of 54.6%, this company has a comparable cost of product (54.6%)
- My Health Online Ltd
54.6% - Industry AVG
Profitability
an operating margin of 1743.8% make it more profitable than the average company (13.4%)
- My Health Online Ltd
13.4% - Industry AVG
Employees
with 4 employees, this is below the industry average (9)
4 - My Health Online Ltd
9 - Industry AVG
Pay Structure
on an average salary of £30.6k, the company has an equivalent pay structure (£30.6k)
- My Health Online Ltd
£30.6k - Industry AVG
Efficiency
resulting in sales per employee of £47.9k, this is less efficient (£73.1k)
- My Health Online Ltd
£73.1k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is near the average (33 days)
- My Health Online Ltd
33 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (32 days)
- My Health Online Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- My Health Online Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 40 weeks, this is less cash available to meet short term requirements (72 weeks)
40 weeks - My Health Online Ltd
72 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27.8%, this is a lower level of debt than the average (35.5%)
27.8% - My Health Online Ltd
35.5% - Industry AVG
MY HEALTH ONLINE LTD financials
My Health Online Ltd's latest turnover from September 2023 is estimated at £191.5 thousand and the company has net assets of £2.9 million. According to their latest financial statements, My Health Online Ltd has 4 employees and maintains cash reserves of £882.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Apr 2022 | Apr 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 | 4 | 4 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Apr 2022 | Apr 2021 | |
|---|---|---|---|
| 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 | 0 | 0 | 0 |
| Trade Debtors | 14,127 | 19,389 | 1,743 |
| Group Debtors | 3,167,148 | 0 | 0 |
| Misc Debtors | 3,112 | 6,271 | 275 |
| Cash | 882,889 | 569,175 | 20,477 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 4,067,276 | 594,835 | 22,495 |
| total assets | 4,067,276 | 594,835 | 22,495 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 2,041 | 144,110 | 1,898 |
| Group/Directors Accounts | 421,719 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 705,654 | 44,542 | 10,000 |
| total current liabilities | 1,129,414 | 188,652 | 11,898 |
| 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 | 1,129,414 | 188,652 | 11,898 |
| net assets | 2,937,862 | 406,183 | 10,597 |
| total shareholders funds | 2,937,862 | 406,183 | 10,597 |
| Sep 2023 | Apr 2022 | Apr 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 3,158,727 | 23,642 | 2,018 |
| Creditors | -142,069 | 142,212 | 1,898 |
| Accruals and Deferred Income | 661,112 | 34,542 | 10,000 |
| 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 | 421,719 | 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 | 313,714 | 548,698 | 20,477 |
| overdraft | 0 | 0 | 0 |
| change in cash | 313,714 | 548,698 | 20,477 |
my health online ltd Credit Report and Business Information
My Health Online Ltd Competitor Analysis
Perform a competitor analysis for my health online ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in WN8 area or any other competitors across 12 key performance metrics.
my health online ltd Ownership
MY HEALTH ONLINE LTD group structure
My Health Online Ltd has no subsidiary companies.
my health online ltd directors
My Health Online Ltd currently has 2 directors. The longest serving directors include Mr James O'Loan (Apr 2020) and Mr Ricardo Laverty (May 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James O'Loan | United Kingdom | 37 years | Apr 2020 | - | Director |
| Mr Ricardo Laverty | England | 46 years | May 2021 | - | Director |
P&L
September 2023turnover
191.5k
-37%
operating profit
3.3m
0%
gross margin
54.6%
-7.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
2.9m
+6.23%
total assets
4.1m
+5.84%
cash
882.9k
+0.55%
net assets
Total assets minus all liabilities
Similar Companies
my health online ltd company details
company number
12555647
Type
Private limited with Share Capital
industry
86220 - Specialist medical practice activities
incorporation date
April 2020
age
4
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
September 2023
previous names
N/A
accountant
FORVIS MAZARS LLP
auditor
-
address
35 greenhey place, skelmersdale, lancashire, WN8 9SA
Bank
-
Legal Advisor
-
my health online 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 my health online ltd.
my health online ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
