Manufacture of medical and dental instruments and supplies
+3
Registered Address
5 watford way, london, NW4 3JL
Website
-
hy medical limitedEstimated Valuation
£1.1m
Pomanda estimates the enterprise value of HY MEDICAL LIMITED at £1.1m based on a Turnover of £1.6m and 0.71x industry multiple (adjusted for size and gross margin).
hy medical limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of HY MEDICAL LIMITED at £0 based on an EBITDA of £-94.8k and a 4.27x industry multiple (adjusted for size and gross margin).
hy medical limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of HY MEDICAL LIMITED at £0 based on Net Assets of £-295.5k and 2.19x industry multiple (adjusted for liquidity).
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Hy Medical LimitedOverview
Hy Medical Limited is a live company located in london, NW4 3JL with a Companies House number of 12720560. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in July 2020, it's largest shareholder is
wwe holdings limited
with a 60% stake. Hy Medical Limited is a young,
small sized company, Pomanda has estimated its turnover at
£1.6m with
declining
growth in recent years.
Pomanda's financial health check has awarded Hy Medical Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
2 Regular
7 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£9.1m)
£1.6m - Hy Medical Limited
£9.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -22%, show it is growing at a slower rate (8.4%)
-22% - Hy Medical Limited
8.4% - Industry AVG
Production
with a gross margin of 36.3%, this company has a comparable cost of product (36.3%)
36.3% - Hy Medical Limited
36.3% - Industry AVG
Profitability
an operating margin of -6% make it less profitable than the average company (5.9%)
-6% - Hy Medical Limited
5.9% - Industry AVG
Employees
with 3 employees, this is below the industry average (50)
3 - Hy Medical Limited
50 - Industry AVG
Pay Structure
on an average salary of £44k, the company has an equivalent pay structure (£44k)
£44k - Hy Medical Limited
£44k - Industry AVG
Efficiency
resulting in sales per employee of £528.3k, this is more efficient (£150k)
£528.3k - Hy Medical Limited
£150k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (43 days)
0 days - Hy Medical Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 332 days, this is slower than average (37 days)
332 days - Hy Medical Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 218 days, this is more than average (56 days)
218 days - Hy Medical Limited
56 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (24 weeks)
0 weeks - Hy Medical Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 147.3%, this is a higher level of debt than the average (48.1%)
147.3% - Hy Medical Limited
48.1% - Industry AVG
HY MEDICAL LIMITED financials
EXPORT
Hy Medical Limited's latest turnover from June 2024 is estimated at £1.6 million and the company has net assets of -£295.5 thousand. According to their latest financial statements, Hy Medical Limited has 3 employees and maintains cash reserves of £17.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Turnover
1,584,767
1,495,895
7,051,647
3,348,457
Other Income Or Grants
Cost Of Sales
1,009,394
943,670
4,447,392
2,163,044
Gross Profit
575,372
552,225
2,604,255
1,185,413
Admin Expenses
670,159
747,841
2,709,726
1,072,907
Operating Profit
-94,787
-195,616
-105,471
112,506
Interest Payable
Interest Receivable
1,078
4,661
3,132
169
Pre-Tax Profit
-93,709
-190,955
-102,339
112,675
Tax
-21,408
Profit After Tax
-93,709
-190,955
-102,339
91,267
Dividends Paid
Retained Profit
-93,709
-190,955
-102,339
91,267
Employee Costs
132,137
126,362
120,188
77,606
Number Of Employees
3
3
3
2
EBITDA*
-94,787
-195,616
-105,471
112,506
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
605,610
680,875
798,876
1,519,959
Trade Debtors
1,499
1,020
104,548
117,746
Group Debtors
Misc Debtors
4,093,540
Cash
17,577
23,487
162,960
338,191
misc current assets
total current assets
624,686
705,382
5,159,924
1,975,896
total assets
624,686
705,382
5,159,924
1,975,896
Bank overdraft
Bank loan
Trade Creditors
919,319
902,809
5,082,159
1,834,914
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
903
4,400
88,637
49,515
total current liabilities
920,222
907,209
5,170,796
1,884,429
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
920,222
907,209
5,170,796
1,884,429
net assets
-295,536
-201,827
-10,872
91,467
total shareholders funds
-295,536
-201,827
-10,872
91,467
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Operating Activities
Operating Profit
-94,787
-195,616
-105,471
112,506
Depreciation
Amortisation
Tax
-21,408
Stock
-75,265
-118,001
-721,083
1,519,959
Debtors
479
-4,197,068
4,080,342
117,746
Creditors
16,510
-4,179,350
3,247,245
1,834,914
Accruals and Deferred Income
-3,497
-84,237
39,122
49,515
Deferred Taxes & Provisions
Cash flow from operations
-6,988
-144,134
-178,363
337,822
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
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
200
interest
1,078
4,661
3,132
169
cash flow from financing
1,078
4,661
3,132
369
cash and cash equivalents
cash
-5,910
-139,473
-175,231
338,191
overdraft
change in cash
-5,910
-139,473
-175,231
338,191
hy medical 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 hy medical limited. Get real-time insights into hy medical limited's credit score, group structure and payment trends.
Perform a competitor analysis for hy medical limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in NW4 area or any other competitors across 12 key performance metrics.
hy medical limited Ownership
HY MEDICAL LIMITED group structure
Hy Medical Limited has no subsidiary companies.
Ultimate parent company
HY MEDICAL LIMITED
12720560
HY MEDICAL LIMITED Shareholders
The largest shareholders in Hy Medical Limited include Wwe Holdings Limited and Zgj Holdings Limited.
wwe holdings limited
60%
zgj holdings limited
40%
hy medical limited directors
Hy Medical Limited currently has 2 directors.
The longest serving directors include
Mrs Weihui Pan (Jul 2020) and
Dr Huijuan Wang (Jul 2020).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024
net assets
-295.5k
+0.46%
total assets
624.7k
-0.11%
cash
17.6k
-0.25%
net assets
Total assets minus all liabilities
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hy medical limited company details
company number
12720560
Type
Private limited with Share Capital
industry
32500 - Manufacture of medical and dental instruments and supplies
96090 - Other personal service activities n.e.c.
32990 - Other manufacturing n.e.c.
incorporation date
July 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
June 2024
previous names
N/A
accountant
-
auditor
-
address
5 watford way, london, NW4 3JL
Bank
-
Legal Advisor
-
hy medical 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 hy medical limited.
hy medical 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.
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hy medical limitedCompanies House Filings - See Documents
