cordis medical uk limited Company Information
Company Number
13333625
Next Accounts
Mar 2025
Shareholders
cordis medical holdings unlimited company
Group Structure
View All
Industry
Wholesale of pharmaceutical goods
+1Registered Address
chadwick house birchwood park, warrington, cheshire, WA3 6AE
Website
-cordis medical uk limited Estimated Valuation
Pomanda estimates the enterprise value of CORDIS MEDICAL UK LIMITED at £6.1m based on a Turnover of £11.5m and 0.53x industry multiple (adjusted for size and gross margin).
cordis medical uk limited Estimated Valuation
Pomanda estimates the enterprise value of CORDIS MEDICAL UK LIMITED at £2m based on an EBITDA of £364.2k and a 5.56x industry multiple (adjusted for size and gross margin).
cordis medical uk limited Estimated Valuation
Pomanda estimates the enterprise value of CORDIS MEDICAL UK LIMITED at £7.6m based on Net Assets of £3.6m and 2.08x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Cordis Medical Uk Limited Overview
Cordis Medical Uk Limited is a live company located in cheshire, WA3 6AE with a Companies House number of 13333625. It operates in the retail sale of medical and orthopaedic goods in specialised stores (not incl. hearing aids) n.e.c. sector, SIC Code 47749. Founded in April 2021, it's largest shareholder is cordis medical holdings unlimited company with a 100% stake. Cordis Medical Uk Limited is a startup, mid sized company, Pomanda has estimated its turnover at £11.5m with unknown growth in recent years.
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Cordis Medical Uk Limited Health Check
Pomanda's financial health check has awarded Cordis Medical Uk Limited a 4 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
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3 Strong
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3 Regular
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5 Weak
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Size
annual sales of £11.5m, make it smaller than the average company (£18.6m)
£11.5m - Cordis Medical Uk Limited
£18.6m - Industry AVG
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Growth
There is insufficient data available for this Key Performance Indicator!
- Cordis Medical Uk Limited
- - Industry AVG
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Production
with a gross margin of 32.4%, this company has a comparable cost of product (33.7%)
32.4% - Cordis Medical Uk Limited
33.7% - Industry AVG
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Profitability
an operating margin of 2.2% make it less profitable than the average company (4.7%)
2.2% - Cordis Medical Uk Limited
4.7% - Industry AVG
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Employees
with 22 employees, this is below the industry average (36)
22 - Cordis Medical Uk Limited
36 - Industry AVG
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Pay Structure
on an average salary of £110.9k, the company has a higher pay structure (£68.6k)
£110.9k - Cordis Medical Uk Limited
£68.6k - Industry AVG
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Efficiency
resulting in sales per employee of £520.6k, this is equally as efficient (£499.5k)
£520.6k - Cordis Medical Uk Limited
£499.5k - Industry AVG
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Debtor Days
it gets paid by customers after 62 days, this is near the average (53 days)
62 days - Cordis Medical Uk Limited
53 days - Industry AVG
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Creditor Days
its suppliers are paid after 4 days, this is quicker than average (30 days)
4 days - Cordis Medical Uk Limited
30 days - Industry AVG
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Stock Days
it holds stock equivalent to 7 days, this is less than average (60 days)
7 days - Cordis Medical Uk Limited
60 days - Industry AVG
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Cash Balance
has cash to cover current liabilities for 37 weeks, this is more cash available to meet short term requirements (13 weeks)
37 weeks - Cordis Medical Uk Limited
13 weeks - Industry AVG
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Debt Level
it has a ratio of liabilities to total assets of 41.2%, this is a lower level of debt than the average (52.2%)
41.2% - Cordis Medical Uk Limited
52.2% - Industry AVG
CORDIS MEDICAL UK LIMITED financials
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Cordis Medical Uk Limited's latest turnover from June 2023 is £11.5 million and the company has net assets of £3.6 million. According to their latest financial statements, Cordis Medical Uk Limited has 22 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jun 2023 | Jun 2022 | |
---|---|---|
Turnover | 11,453,564 | |
Other Income Or Grants | 0 | |
Cost Of Sales | 7,744,426 | |
Gross Profit | 3,709,138 | |
Admin Expenses | 3,454,121 | |
Operating Profit | 255,017 | |
Interest Payable | 0 | |
Interest Receivable | 0 | |
Pre-Tax Profit | 255,017 | |
Tax | -111,462 | |
Profit After Tax | 143,555 | |
Dividends Paid | 0 | |
Retained Profit | 143,555 | |
Employee Costs | 2,439,913 | |
Number Of Employees | 22 | |
EBITDA* | 364,249 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023 | Jun 2022 | |
---|---|---|
Tangible Assets | 2,638 | 4,303 |
Intangible Assets | 1,676,251 | 1,783,818 |
Investments & Other | 23,107 | 23,107 |
Debtors (Due After 1 year) | 1,378 | 0 |
Total Fixed Assets | 1,703,374 | 1,811,228 |
Stock & work in progress | 164,836 | 705,231 |
Trade Debtors | 1,951,646 | 2,190,242 |
Group Debtors | 518,191 | 2,398 |
Misc Debtors | 445 | 141,597 |
Cash | 1,829,689 | 826,088 |
misc current assets | 0 | 0 |
total current assets | 4,464,807 | 3,865,556 |
total assets | 6,168,181 | 5,676,784 |
Bank overdraft | 0 | 0 |
Bank loan | 0 | 0 |
Trade Creditors | 105,854 | 366,282 |
Group/Directors Accounts | 1,628,266 | 1,235,838 |
other short term finances | 0 | 0 |
hp & lease commitments | 0 | 0 |
other current liabilities | 804,040 | 587,122 |
total current liabilities | 2,538,160 | 2,189,242 |
loans | 0 | 0 |
hp & lease commitments | 0 | 0 |
Accruals and Deferred Income | 0 | 0 |
other liabilities | 0 | 0 |
provisions | 0 | 1,076 |
total long term liabilities | 0 | 1,076 |
total liabilities | 2,538,160 | 2,190,318 |
net assets | 3,630,021 | 3,486,466 |
total shareholders funds | 3,630,021 | 3,486,466 |
Jun 2023 | Jun 2022 | |
---|---|---|
Operating Activities | ||
Operating Profit | 255,017 | |
Depreciation | 1,665 | 695 |
Amortisation | 107,567 | 98,603 |
Tax | -111,462 | |
Stock | -540,395 | 705,231 |
Debtors | 137,423 | 2,334,237 |
Creditors | -260,428 | 366,282 |
Accruals and Deferred Income | 216,918 | 587,122 |
Deferred Taxes & Provisions | -1,076 | 1,076 |
Cash flow from operations | 611,173 | |
Investing Activities | ||
capital expenditure | ||
Change in Investments | 0 | 23,107 |
cash flow from investments | ||
Financing Activities | ||
Bank loans | 0 | 0 |
Group/Directors Accounts | 392,428 | 1,235,838 |
Other Short Term Loans | 0 | 0 |
Long term loans | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 |
other long term liabilities | 0 | 0 |
share issue | ||
interest | 0 | |
cash flow from financing | 392,428 | |
cash and cash equivalents | ||
cash | 1,003,601 | 826,088 |
overdraft | 0 | 0 |
change in cash | 1,003,601 | 826,088 |
cordis medical uk limited Credit Report and Business Information
Cordis Medical Uk Limited Competitor Analysis
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Perform a competitor analysis for cordis medical uk limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in WA3 area or any other competitors across 12 key performance metrics.
cordis medical uk limited Ownership
CORDIS MEDICAL UK LIMITED group structure
Cordis Medical Uk Limited has no subsidiary companies.
Ultimate parent company
BAYOU TOPCO INC
#0037477
CORDIS MEDICAL HOLDINGS UNLIMITED COMPAN
IE691904
2 parents
CORDIS MEDICAL UK LIMITED
13333625
cordis medical uk limited directors
Cordis Medical Uk Limited currently has 3 directors. The longest serving directors include Mr Timothy Trott (Apr 2021) and Mr Pieter Dewandeleer (Oct 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Timothy Trott | United Kingdom | 43 years | Apr 2021 | - | Director |
Mr Pieter Dewandeleer | United Kingdom | 39 years | Oct 2021 | - | Director |
Mr John Georges | 53 years | May 2024 | - | Director |
P&L
June 2023turnover
11.5m
0%
operating profit
255k
0%
gross margin
32.4%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
3.6m
+0.04%
total assets
6.2m
+0.09%
cash
1.8m
+1.21%
net assets
Total assets minus all liabilities
Similar Companies
cordis medical uk limited company details
company number
13333625
Type
Private limited with Share Capital
industry
46460 - Wholesale of pharmaceutical goods
47749 - Retail sale of medical and orthopaedic goods (other than hearing aids) n.e.c., in specialised stores
incorporation date
April 2021
age
4
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
ERNST & YOUNG
address
chadwick house birchwood park, warrington, cheshire, WA3 6AE
Bank
BANK OF AMERICA
Legal Advisor
-
cordis medical uk 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 cordis medical uk limited.
cordis medical uk 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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cordis medical uk limited Companies House Filings - See Documents
date | description | view/download |
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