Elgin Health (gartnavel) Limited

POWER SEARCH PRICING

SOLUTIONS

elgin health (gartnavel) limited Company Information

Company Number

SC271565

Next Accounts

Dec 2025

Directors

Michael Donn

Frank Laing

View All

Shareholders

bank of scotland (b g s) nominees limited

Group Structure

View All

Industry

Other business support service activities n.e.c.

Registered Address

c/o resolis limited, exchange tower, 11th floor, edinburgh, EH3 8EG

Website

https://www.robertson.co.uk

elgin health (gartnavel) limited Estimated Valuation

£5.7m

Pomanda estimates the enterprise value of ELGIN HEALTH (GARTNAVEL) LIMITED at £5.7m based on an EBITDA of £1.1m and a 5.17x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Elgin Health (gartnavel) Limited is a live company located in edinburgh, EH3 8EG with a Companies House number of SC271565. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in August 2004, it's largest shareholder is bank of scotland (b g s) nominees limited with a 100% stake. Elgin Health (gartnavel) Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.4m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Elgin Health (Gartnavel) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating4.5out of 5

5 Strong

1 Regular

4 Weak

Size

annual sales of £2.4m, make it smaller than the average company (£3.7m)

Growth

3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (8.3%)

EXPORT

Elgin Health (Gartnavel) Limited's latest turnover from March 2024 is £2.4 million and the company has net assets of £2.1 million. According to their latest financial statements, we estimate that Elgin Health (Gartnavel) Limited has 17 employees and maintains cash reserves of £2.4 million as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Turnover	2,436,454	2,242,812	1,656,643	1,619,045	1,360,226	1,552,264	1,336,069	1,435,946	1,144,159	1,353,884	1,150,078	1,139,126	1,103,888	952,905	867,275
Other Income Or Grants
Cost Of Sales	1,082,181	1,000,100	691,618	700,100	541,866	654,773	610,191	540,256	692,824	615,373	733,081	722,087	681,389	572,507	516,593
Gross Profit	1,354,273	1,242,712	965,025	918,945	818,360	897,491	725,878	895,690	451,335	738,511	416,997	417,039	422,499	380,398	350,682
Admin Expenses	245,186	227,260	180,523	192,040	183,017	177,154	190,415	298,196	173,696	161,137	-65,744	-76,204	-37,134	22,499	4,128
Operating Profit	1,109,087	1,015,452	784,502	726,905	635,343	720,337	535,463	597,494	277,639	577,374	482,741	493,243	459,633	357,899	346,554
Interest Payable	1,072,869	1,087,404	1,113,627	1,138,419	1,175,965	1,184,488	1,195,535	1,216,423	1,266,615	1,273,516	1,278,056	1,295,053	1,310,203	1,317,315	1,326,475
Interest Receivable	850,289	819,381	821,845	852,482	897,830	921,844	940,595	1,138,100	1,001,800	1,020,808	1,042,207	1,060,226	1,078,805	1,095,829	1,096,221
Pre-Tax Profit	886,507	747,429	492,720	440,968	357,208	457,693	280,523	619,171	12,824	324,666	246,892	258,416	228,235	136,413	116,300
Tax	-221,678	-142,976	-91,546	-84,350	-107,271	-70,285	-192,355	-98,944	-5,400	-68,304	-56,785	-62,020	-59,341	-38,196	-32,564
Profit After Tax	664,829	604,453	401,174	356,618	249,937	387,408	88,168	520,227	7,424	256,362	190,107	196,396	168,894	98,217	83,736
Dividends Paid	206,510	405,158	174,095	57,801	175,332	105,838	424,735	115,172		271,076	212,021	162,505	300,228		301,000
Retained Profit	458,319	199,295	227,079	298,817	74,605	281,570	-336,567	405,055	7,424	-14,714	-21,914	33,891	-131,334	98,217	-217,264
Employee Costs
Number Of Employees	17	16	13	14	11	13	11	12	9	11	10	10	9	8	7
EBITDA*	1,109,087	1,015,452	784,502	726,905	635,343	720,337	535,463	597,494	277,639	577,374	482,741	493,243	459,633	357,899	346,554

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)	12,639,654	13,376,742	14,572,001	15,323,975	16,120,844	15,544,308	16,061,892	16,551,734	17,012,444	17,447,876	17,862,476	18,254,829	18,626,130	18,977,507	19,310,030
Total Fixed Assets	12,639,654	13,376,742	14,572,001	15,323,975	16,120,844	15,544,308	16,061,892	16,551,734	17,012,444	17,447,876	17,862,476	18,254,829	18,626,130	18,977,507	19,310,030
Stock & work in progress
Trade Debtors	367,076						489,835	724,336	438,108	414,600	392,353	371,301	351,377	332,523	314,644
Group Debtors								240,735	240,735
Misc Debtors	4,595,299	4,401,724	3,944,526	3,660,527	3,368,491	2,623,123	1,827,624	1,975,964	2,203,208	2,357,165	913,954	838,696	638,170	446,497	302,349
Cash	2,405,122	2,255,609	2,193,197	1,901,916	3,576,918	3,133,696	2,730,658	2,212,876	2,161,333	1,963,381	1,705,390	1,584,284	1,420,320	1,362,009	984,034
misc current assets
total current assets	7,367,497	6,657,333	6,137,723	5,562,443	6,945,409	5,756,819	5,048,117	5,153,911	5,043,384	4,735,146	3,011,697	2,794,281	2,409,867	2,141,029	1,601,027
total assets	20,007,151	20,034,075	20,709,724	20,886,418	23,066,253	21,301,127	21,110,009	21,705,645	22,055,828	22,183,022	20,874,173	21,049,110	21,035,997	21,118,536	20,911,057
Bank overdraft	554,692	583,766	554,415	325,432	444,551	325,432	362,644	325,432	260,081	243,312
Bank loan											251,203	238,427
Trade Creditors	134,654	115,813	135,652	60,326	182,578	141,216	106,646	140,832	124,277	75,929	37,990	70,593	43,090	68,823	46,669
Group/Directors Accounts	57,715	57,715	56,945	56,945	57,715	56,733	56,327	57,577	58,484		57,715	56,460
other short term finances													242,561	198,783	145,612
hp & lease commitments
other current liabilities	1,799,198	1,641,030	1,396,643	1,256,889	2,959,308	1,150,357	1,030,773	737,807	1,747,439	461,148	1,353,122	1,250,838	1,127,885	869,442	651,991
total current liabilities	2,546,259	2,398,324	2,143,655	1,699,592	3,644,152	1,673,738	1,556,390	1,261,648	2,190,281	780,389	1,700,030	1,616,318	1,413,536	1,137,048	844,272
loans	14,778,603	15,360,726	15,944,473	16,650,617	16,968,833	22,666,130	22,903,503	24,390,662	24,816,160	18,882,963	18,950,547	19,187,282	19,410,842	19,638,535	19,822,049
hp & lease commitments
Accruals and Deferred Income
other liabilities	617,342	821,557	3,005,017	4,696,547	5,832,735					5,993,377
provisions										1,230,818
total long term liabilities	15,395,945	16,182,283	18,949,490	21,347,164	22,801,568	22,666,130	22,903,503	24,390,662	24,816,160	26,107,158	18,950,547	19,187,282	19,410,842	19,638,535	19,822,049
total liabilities	17,942,204	18,580,607	21,093,145	23,046,756	26,445,720	24,339,868	24,459,893	25,652,310	27,006,441	26,887,547	20,650,577	20,803,600	20,824,378	20,775,583	20,666,321
net assets	2,064,947	1,453,468	-383,421	-2,160,338	-3,379,467	-3,038,741	-3,349,884	-3,946,665	-4,950,613	-4,704,525	223,596	245,510	211,619	342,953	244,736
total shareholders funds	2,064,947	1,453,468	-383,421	-2,160,338	-3,379,467	-3,038,741	-3,349,884	-3,946,665	-4,950,613	-4,704,525	223,596	245,510	211,619	342,953	244,736

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Operating Activities
Operating Profit	1,109,087	1,015,452	784,502	726,905	635,343	720,337	535,463	597,494	277,639	577,374	482,741	493,243	459,633	357,899	346,554
Depreciation
Amortisation
Tax	-221,678	-142,976	-91,546	-84,350	-107,271	-70,285	-192,355	-98,944	-5,400	-68,304	-56,785	-62,020	-59,341	-38,196	-32,564
Stock
Debtors	-176,437	-738,061	-467,975	-504,833	1,321,904	-211,920	-1,113,418	-401,726	-325,146	1,050,858	-296,043	-150,851	-140,850	-170,496	19,927,023
Creditors	18,841	-19,839	75,326	-122,252	41,362	34,570	-34,186	16,555	48,348	37,939	-32,603	27,503	-25,733	22,154	46,669
Accruals and Deferred Income	158,168	244,387	139,754	-1,702,419	1,808,951	119,584	292,966	-1,009,632	1,286,291	-891,974	102,284	122,953	258,443	217,451	651,991
Deferred Taxes & Provisions									-1,230,818	1,230,818
Cash flow from operations	1,240,855	1,835,085	1,376,011	-677,283	1,056,481	1,016,126	1,715,306	-92,801	701,206	-165,005	791,680	732,530	773,852	729,804	-18,914,373
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans										-251,203	12,776	238,427
Group/Directors Accounts		770		-770	982	406	-1,250	-907	58,484	-57,715	1,255	56,460
Other Short Term Loans												-242,561	43,778	53,171	145,612
Long term loans	-582,123	-583,747	-706,144	-318,216	-5,697,297	-237,373	-1,487,159	-425,498	5,933,197	-67,584	-236,735	-223,560	-227,693	-183,514	19,822,049
Hire Purchase and Lease Commitments
other long term liabilities	-204,215	-2,183,460	-1,691,530	-1,136,188	5,832,735				-5,993,377	5,993,377
share issue	153,160	1,637,594	1,549,838	920,312	-415,331	29,573	933,348	598,893	-253,512	-4,913,407					462,000
interest	-222,580	-268,023	-291,782	-285,937	-278,135	-262,644	-254,940	-78,323	-264,815	-252,708	-235,849	-234,827	-231,398	-221,486	-230,254
cash flow from financing	-855,758	-1,396,866	-1,139,618	-820,799	-557,046	-470,038	-810,001	94,165	-520,023	450,760	-458,553	-406,061	-415,313	-351,829	20,199,407
cash and cash equivalents
cash	149,513	62,412	291,281	-1,675,002	443,222	403,038	517,782	51,543	197,952	257,991	121,106	163,964	58,311	377,975	984,034
overdraft	-29,074	29,351	228,983	-119,119	119,119	-37,212	37,212	65,351	16,769	243,312
change in cash	178,587	33,061	62,298	-1,555,883	324,103	440,250	480,570	-13,808	181,183	14,679	121,106	163,964	58,311	377,975	984,034

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for elgin health (gartnavel) limited. Get real-time insights into elgin health (gartnavel) 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

Perform a competitor analysis for elgin health (gartnavel) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in EH3 area or any other competitors across 12 key performance metrics.

ELGIN HEALTH (GARTNAVEL) LIMITED group structure

Elgin Health (Gartnavel) Limited has no subsidiary companies.

Ultimate parent company

DALMORE CAPITAL FUND L.P.

LP015172

ELGIN HEALTH (GARTNAVEL) HOLDINGS LIMITED

SC275430

2 parents

ELGIN HEALTH (GARTNAVEL) LIMITED

SC271565

ELGIN HEALTH (GARTNAVEL) LIMITED Shareholders

bank of scotland (b g s) nominees limited

100%

Elgin Health (Gartnavel) Limited currently has 3 directors. The longest serving directors include Mr Michael Donn (Oct 2014) and Mr Frank Laing (Mar 2019).

officer	country	age	start	end	role
Mr Michael Donn		53 years	Oct 2014	-	Director
Mr Frank Laing	England	37 years	Mar 2019	-	Director
Mr Peter Johnstone	United Kingdom	59 years	Jan 2024	-	Director

P&L

March 2024

turnover

2.4m

+9%

operating profit

1.1m

+9%

gross margin

55.6%

+0.32%

turnover

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

Balance Sheet

March 2024

net assets

2.1m

+0.42%

total assets

20m

cash

2.4m

+0.07%

net assets

Total assets minus all liabilities

Similar Companies

mgb law offices limited

atmos consulting limited

fleet solutions (scotland) ltd

scotia oil & gas exploration limited

larkwell limited

company number

SC271565

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

August 2004

ultimate parent company

DALMORE CAPITAL FUND L.P.

previous names

robertson health (gartnavel) limited (April 2016)

mm&s (4006) limited (January 2005)

address

c/o resolis limited, exchange tower, 11th floor, edinburgh, EH3 8EG

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 found 4 charges/mortgages relating to elgin health (gartnavel) limited. Currently there are 4 open charges and 0 have been satisfied in the past.

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 ELGIN HEALTH (GARTNAVEL) LIMITED. This can take several minutes, an email will notify you when this has completed.

elgin health (gartnavel) limited Company Information

elgin health (gartnavel) limited Estimated Valuation

elgin health (gartnavel) limited Estimated Valuation

elgin health (gartnavel) limited Estimated Valuation

Elgin Health (gartnavel) Limited Overview

Elgin Health (gartnavel) Limited Health Check

ELGIN HEALTH (GARTNAVEL) LIMITED financials

elgin health (gartnavel) limited Credit Report and Business Information

Elgin Health (gartnavel) Limited Competitor Analysis

elgin health (gartnavel) limited Ownership

elgin health (gartnavel) limited directors

elgin health (gartnavel) limited company details

elgin health (gartnavel) limited Charges & Mortgages

elgin health (gartnavel) limited Capital Raised & Share Issues BETA

elgin health (gartnavel) limited Companies House Filings - See Documents