mind (the national association for mental health)Estimated Valuation
£51m
Pomanda estimates the enterprise value of MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH) at £51m based on a Turnover of £62.7m and 0.81x industry multiple (adjusted for size and gross margin).
mind (the national association for mental health)Estimated Valuation
£0
Pomanda estimates the enterprise value of MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH) at £0 based on an EBITDA of £-14.6m and a 9.13x industry multiple (adjusted for size and gross margin).
mind (the national association for mental health)Estimated Valuation
£43.5m
Pomanda estimates the enterprise value of MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH) at £43.5m based on Net Assets of £22.2m and 1.96x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mind (the National Association For Mental Health)Overview
Mind (the National Association For Mental Health) is a live company located in london, E20 1JQ with a Companies House number of 00424348. It operates in the other social work activities without accommodation n.e.c. sector, SIC Code 88990. Founded in November 1946, it's largest shareholder is
unknown.
Mind (the National Association For Mental Health) is a mature,
large sized company, Pomanda has estimated its turnover at
£62.7m with
declining
growth in recent years.
Mind (the National Association For Mental Health) Health Check
Pomanda's financial health check has awarded Mind (The National Association For Mental Health) a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
6 Strong
1 Regular
5 Weak
Size
annual sales of £62.7m, make it larger than the average company (£486.8k)
£62.7m - Mind (the National Association For Mental Health)
£486.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (6.5%)
-8% - Mind (the National Association For Mental Health)
6.5% - Industry AVG
Production
with a gross margin of 67.8%, this company has a comparable cost of product (67.8%)
67.8% - Mind (the National Association For Mental Health)
67.8% - Industry AVG
Profitability
an operating margin of -26.1% make it less profitable than the average company (3.5%)
-26.1% - Mind (the National Association For Mental Health)
3.5% - Industry AVG
Employees
with 1094 employees, this is above the industry average (14)
1094 - Mind (the National Association For Mental Health)
14 - Industry AVG
Pay Structure
on an average salary of £36.2k, the company has a higher pay structure (£25.1k)
£36.2k - Mind (the National Association For Mental Health)
£25.1k - Industry AVG
Efficiency
resulting in sales per employee of £57.3k, this is more efficient (£39.5k)
£57.3k - Mind (the National Association For Mental Health)
£39.5k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (14 days)
1 days - Mind (the National Association For Mental Health)
14 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is slower than average (5 days)
22 days - Mind (the National Association For Mental Health)
5 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (15 days)
4 days - Mind (the National Association For Mental Health)
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 33 weeks, this is less cash available to meet short term requirements (236 weeks)
33 weeks - Mind (the National Association For Mental Health)
236 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.9%, this is a higher level of debt than the average (13%)
33.9% - Mind (the National Association For Mental Health)
13% - Industry AVG
MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH) financials
EXPORT
Mind (The National Association For Mental Health)'s latest turnover from March 2024 is £62.7 million and the company has net assets of £22.2 million. According to their latest financial statements, Mind (The National Association For Mental Health) has 1,094 employees and maintains cash reserves of £7.2 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
62,691,000
59,156,000
73,145,000
80,262,000
58,279,000
55,873,000
47,900,000
41,329,000
39,903,000
36,934,000
33,655,000
29,074,000
29,899,000
26,711,000
30,946,000
Other Income Or Grants
Cost Of Sales
20,174,707
19,116,351
18,811,171
28,251,806
17,923,432
15,773,483
12,532,608
8,452,611
22,225,204
21,871,556
21,107,181
17,370,332
17,718,313
15,314,686
17,961,646
Gross Profit
42,516,293
40,039,649
54,333,829
52,010,194
40,355,568
40,099,517
35,367,392
32,876,389
17,677,796
15,062,444
12,547,819
11,703,668
12,180,687
11,396,314
12,984,354
Admin Expenses
58,869,809
54,689,131
33,771,510
27,874,007
42,855,017
38,588,385
40,915,364
29,033,359
17,425,451
14,507,032
11,477,973
13,042,450
10,256,226
12,082,461
11,113,856
Operating Profit
-16,353,516
-14,649,482
20,562,319
24,136,187
-2,499,449
1,511,132
-5,547,972
3,843,030
252,345
555,412
1,069,846
-1,338,782
1,924,461
-686,147
1,870,498
Interest Payable
392,000
Interest Receivable
347,000
Pre-Tax Profit
-16,045,000
-14,236,000
16,767,000
19,561,000
-2,495,000
1,249,000
-5,525,000
3,085,000
222,000
452,000
833,000
-1,321,000
1,438,000
-668,000
1,354,000
Tax
Profit After Tax
-16,045,000
-14,236,000
16,767,000
19,561,000
-2,495,000
1,249,000
-5,525,000
3,085,000
222,000
452,000
833,000
-1,321,000
1,438,000
-668,000
1,354,000
Dividends Paid
Retained Profit
-16,045,000
-14,236,000
16,767,000
19,561,000
-2,495,000
1,249,000
-5,525,000
3,085,000
222,000
452,000
833,000
-1,321,000
1,438,000
-668,000
1,354,000
Employee Costs
39,618,000
33,866,000
27,073,000
29,024,000
27,709,000
23,037,000
19,087,000
17,446,000
15,771,000
13,888,000
12,432,000
11,400,000
11,168,000
10,117,000
9,146,000
Number Of Employees
1,094
1,010
924
951
775
694
1,033
941
889
833
460
522
500
476
450
EBITDA*
-14,643,516
-13,006,482
21,978,319
25,447,187
-1,154,449
2,648,132
-4,647,972
4,594,030
917,345
1,154,412
1,622,846
-854,782
2,331,461
-266,147
2,308,498
* 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
5,086,000
4,882,000
4,544,000
4,549,000
5,112,000
4,739,000
4,145,000
3,327,000
3,125,000
3,156,000
3,070,000
2,601,000
2,427,000
2,454,000
2,363,000
Intangible Assets
Investments & Other
13,925,000
34,361,000
35,792,000
12,614,000
7,697,000
10,856,000
10,334,000
6,014,000
5,342,000
5,283,000
4,759,000
4,145,000
3,605,000
3,313,000
3,175,000
Debtors (Due After 1 year)
Total Fixed Assets
19,011,000
39,243,000
40,336,000
17,163,000
12,809,000
15,595,000
14,479,000
9,341,000
8,467,000
8,439,000
7,829,000
6,746,000
6,032,000
5,767,000
5,538,000
Stock & work in progress
236,000
172,000
94,000
220,000
273,000
237,000
227,000
264,000
181,000
151,000
137,000
159,000
166,000
291,000
271,000
Trade Debtors
224,000
418,000
819,000
474,000
659,000
605,000
3,060,000
4,305,000
3,057,000
2,563,000
1,320,000
Group Debtors
Misc Debtors
6,866,000
6,012,000
6,081,000
5,140,000
5,495,000
6,634,000
2,801,000
2,616,000
2,827,000
2,829,000
3,561,000
4,176,000
4,070,000
6,228,000
6,861,000
Cash
7,224,000
4,529,000
14,929,000
21,786,000
4,606,000
4,293,000
3,932,000
5,257,000
5,319,000
4,743,000
1,953,000
2,836,000
4,277,000
3,236,000
4,023,000
misc current assets
total current assets
14,550,000
11,131,000
21,923,000
27,620,000
11,033,000
11,769,000
10,020,000
12,442,000
11,384,000
10,286,000
6,971,000
7,171,000
8,513,000
9,755,000
11,155,000
total assets
33,561,000
50,374,000
62,259,000
44,783,000
23,842,000
27,364,000
24,499,000
21,783,000
19,851,000
18,725,000
14,800,000
13,917,000
14,545,000
15,522,000
16,693,000
Bank overdraft
Bank loan
Trade Creditors
1,222,000
1,530,000
775,000
634,000
955,000
652,000
407,000
622,000
277,000
305,000
803,000
538,000
284,000
339,000
472,000
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
9,980,000
10,307,000
8,747,000
8,183,000
6,487,000
7,425,000
6,120,000
5,532,000
7,302,000
5,118,000
2,848,000
2,985,000
2,802,000
4,895,000
5,308,000
total current liabilities
11,202,000
11,837,000
9,522,000
8,817,000
7,442,000
8,077,000
6,527,000
6,154,000
7,579,000
5,423,000
3,651,000
3,523,000
3,086,000
5,234,000
5,780,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
186,000
737,000
953,000
1,700,000
total long term liabilities
186,000
800,000
1,294,000
2,840,000
842,000
961,000
1,176,000
1,068,000
2,230,000
total liabilities
11,388,000
11,837,000
9,522,000
8,817,000
7,442,000
8,077,000
6,527,000
6,954,000
8,873,000
8,263,000
4,493,000
4,484,000
4,262,000
6,302,000
8,010,000
net assets
22,173,000
38,537,000
52,737,000
35,966,000
16,400,000
19,287,000
17,972,000
14,829,000
10,978,000
10,462,000
10,307,000
9,433,000
10,283,000
9,220,000
8,683,000
total shareholders funds
22,173,000
38,537,000
52,737,000
35,966,000
16,400,000
19,287,000
17,972,000
14,829,000
10,978,000
10,462,000
10,307,000
9,433,000
10,283,000
9,220,000
8,683,000
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
-16,353,516
-14,649,482
20,562,319
24,136,187
-2,499,449
1,511,132
-5,547,972
3,843,030
252,345
555,412
1,069,846
-1,338,782
1,924,461
-686,147
1,870,498
Depreciation
1,710,000
1,643,000
1,416,000
1,311,000
1,345,000
1,137,000
900,000
751,000
665,000
599,000
553,000
484,000
407,000
420,000
438,000
Amortisation
Tax
Stock
64,000
78,000
-126,000
-53,000
36,000
10,000
-37,000
83,000
30,000
14,000
-22,000
-7,000
-125,000
20,000
271,000
Debtors
660,000
-470,000
1,286,000
-540,000
-1,085,000
1,378,000
-1,060,000
1,037,000
492,000
511,000
705,000
106,000
-2,158,000
-633,000
6,861,000
Creditors
-308,000
755,000
141,000
-321,000
303,000
245,000
-215,000
345,000
-28,000
-498,000
265,000
254,000
-55,000
-133,000
472,000
Accruals and Deferred Income
-327,000
1,560,000
564,000
1,696,000
-938,000
1,305,000
588,000
-1,770,000
2,184,000
2,270,000
-137,000
183,000
-2,093,000
-413,000
5,308,000
Deferred Taxes & Provisions
186,000
-737,000
-216,000
-747,000
1,700,000
Cash flow from operations
-15,816,516
-10,299,482
21,523,319
27,415,187
-740,449
2,810,132
-3,914,972
1,833,030
1,804,345
4,101,412
1,067,846
-516,782
2,466,461
-199,147
956,498
Investing Activities
capital expenditure
-5,846,000
-698,000
-828,000
-396,000
-1,498,000
-744,000
-775,000
-491,000
-2,353,000
Change in Investments
-20,436,000
-1,431,000
23,178,000
4,917,000
-3,159,000
522,000
4,320,000
672,000
59,000
524,000
614,000
540,000
292,000
138,000
3,175,000
cash flow from investments
20,436,000
1,431,000
-23,178,000
-4,917,000
3,159,000
-522,000
-10,166,000
-1,370,000
-887,000
-920,000
-2,112,000
-1,284,000
-1,067,000
-629,000
-5,528,000
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
-319,000
36,000
4,000
5,000
-392,000
66,000
8,668,000
766,000
294,000
-297,000
41,000
471,000
-375,000
1,205,000
7,329,000
interest
-45,000
cash flow from financing
-319,000
36,000
4,000
5,000
-392,000
66,000
8,668,000
766,000
294,000
-297,000
41,000
471,000
-420,000
1,205,000
7,329,000
cash and cash equivalents
cash
2,695,000
-10,400,000
-6,857,000
17,180,000
313,000
361,000
-1,325,000
-62,000
576,000
2,790,000
-883,000
-1,441,000
1,041,000
-787,000
4,023,000
overdraft
change in cash
2,695,000
-10,400,000
-6,857,000
17,180,000
313,000
361,000
-1,325,000
-62,000
576,000
2,790,000
-883,000
-1,441,000
1,041,000
-787,000
4,023,000
mind (the national association for mental health) 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 mind (the national association for mental health). Get real-time insights into mind (the national association for mental health)'s credit score, group structure and payment trends.
Mind (the National Association For Mental Health) Competitor Analysis
Perform a competitor analysis for mind (the national association for mental health) by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other large companies, companies in E20 area or any other competitors across 12 key performance metrics.
mind (the national association for mental health) Ownership
MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH) group structure
Mind (The National Association For Mental Health) has no subsidiary companies.
Ultimate parent company
MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH)
00424348
MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH) Shareholders
The sole shareholder of Mind (The National Association For Mental Health) is -.
-
-
mind (the national association for mental health) directors
Mind (The National Association For Mental Health) currently has 14 directors.
The longest serving directors include
Ms Alexandra Jensen (Dec 2016) and
Mr Emrys Elias (Dec 2016).
mind (the national association for mental health) company details
company number
00424348
Type
Private Ltd By Guarantee w/o Share Cap
industry
88990 - Other social work activities without accommodation n.e.c.
incorporation date
November 1946
age
79
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
March 2024
previous names
national association for mental health(the) (March 1993)
accountant
-
auditor
CROWE UK LLP
address
2 redman place, london, E20 1JQ
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
mind (the national association for mental health) 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 found 3 charges/mortgages relating to mind (the national association for mental health). Currently there are 3 open charges and 0 have been satisfied in the past.
mind (the national association for mental health) 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 MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH). This can take several minutes, an email will notify you when this has completed.
mind (the national association for mental health)Companies House Filings - See Documents
