southern hospice group
southern hospice group Company Information
Group Structure
View All
Industry
Specialist medical practice activities
Registered Address
st barnabas house titnore lane, goring-by-sea, worthing, west sussex, BN12 6NZ
Website
http://stbh.org.uksouthern hospice group Estimated Valuation
Pomanda estimates the enterprise value of SOUTHERN HOSPICE GROUP at £30.6m based on a Turnover of £33m and 0.93x industry multiple (adjusted for size and gross margin).
southern hospice group Estimated Valuation
Pomanda estimates the enterprise value of SOUTHERN HOSPICE GROUP at £68.9m based on an EBITDA of £10.9m and a 6.34x industry multiple (adjusted for size and gross margin).
southern hospice group Estimated Valuation
Pomanda estimates the enterprise value of SOUTHERN HOSPICE GROUP at £116m based on Net Assets of £51.8m and 2.24x industry multiple (adjusted for liquidity).
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Southern Hospice Group Overview
Southern Hospice Group is a live company located in worthing, BN12 6NZ with a Companies House number of 00930107. It operates in the specialists medical practice activities sector, SIC Code 86220. Founded in April 1968, it's largest shareholder is unknown. Southern Hospice Group is a mature, large sized company, Pomanda has estimated its turnover at £33m with high growth in recent years.
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Southern Hospice Group Health Check
Pomanda's financial health check has awarded Southern Hospice Group a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
8 Strong
2 Regular
2 Weak
Size
annual sales of £33m, make it larger than the average company (£489.9k)
£33m - Southern Hospice Group
£489.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (7.6%)
18% - Southern Hospice Group
7.6% - Industry AVG
Production
with a gross margin of 53.3%, this company has a comparable cost of product (53.3%)
53.3% - Southern Hospice Group
53.3% - Industry AVG
Profitability
an operating margin of 32.9% make it more profitable than the average company (15%)
32.9% - Southern Hospice Group
15% - Industry AVG
Employees
with 405 employees, this is above the industry average (12)
405 - Southern Hospice Group
12 - Industry AVG
Pay Structure
on an average salary of £42k, the company has a higher pay structure (£30.5k)
£42k - Southern Hospice Group
£30.5k - Industry AVG
Efficiency
resulting in sales per employee of £81.6k, this is equally as efficient (£72.8k)
£81.6k - Southern Hospice Group
£72.8k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (35 days)
3 days - Southern Hospice Group
35 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (34 days)
10 days - Southern Hospice Group
34 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (11 days)
1 days - Southern Hospice Group
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 197 weeks, this is more cash available to meet short term requirements (77 weeks)
197 weeks - Southern Hospice Group
77 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.2%, this is a lower level of debt than the average (28.7%)
4.2% - Southern Hospice Group
28.7% - Industry AVG
SOUTHERN HOSPICE GROUP financials
Southern Hospice Group's latest turnover from March 2024 is £33 million and the company has net assets of £51.8 million. According to their latest financial statements, Southern Hospice Group has 405 employees and maintains cash reserves of £8.4 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 | 33,031,000 | 20,679,000 | 18,796,000 | 19,995,000 | 16,995,000 | 18,497,000 | 19,025,000 | 18,127,000 | 15,029,000 | 14,401,000 | 15,420,000 | 12,866,000 | 12,681,000 | 12,968,000 | 11,896,327 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 8,485,000 | -4,467,000 | -1,001,000 | 1,514,000 | -3,201,000 | -813,000 | 1,751,000 | 2,666,000 | -425,000 | -315,000 | 1,762,000 | -717,000 | 789,000 | 3,246,000 | 2,851,391 |
| Tax | |||||||||||||||
| Profit After Tax | 8,485,000 | -4,467,000 | -1,001,000 | 1,514,000 | -3,201,000 | -813,000 | 1,751,000 | 2,666,000 | -425,000 | -315,000 | 1,762,000 | -717,000 | 789,000 | 3,246,000 | 2,851,391 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 8,485,000 | -4,467,000 | -1,001,000 | 1,514,000 | -3,201,000 | -813,000 | 1,751,000 | 2,666,000 | -425,000 | -315,000 | 1,762,000 | -717,000 | 789,000 | 3,246,000 | 2,851,391 |
| Employee Costs | 17,019,000 | 14,928,000 | 13,413,000 | 13,250,000 | 13,147,000 | 12,682,000 | 11,404,000 | 10,439,000 | 9,625,000 | 9,104,000 | 8,521,000 | 8,109,000 | 7,409,000 | 6,597,000 | 6,064,232 |
| Number Of Employees | 405 | 356 | 339 | 346 | 359 | 350 | 336 | 320 | 296 | 280 | 262 | 253 | 228 | 213 | 187 |
| EBITDA* |
* 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 | 25,541,000 | 13,369,000 | 13,556,000 | 13,901,000 | 13,570,000 | 14,337,000 | 14,963,000 | 15,767,000 | 16,748,000 | 17,784,000 | 18,949,000 | 19,648,000 | 20,674,000 | 21,584,000 | 15,516,347 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 17,341,000 | 20,466,000 | 29,056,000 | 27,549,000 | 23,741,000 | 23,903,000 | 21,506,000 | 21,286,000 | 18,364,000 | 17,468,000 | 13,673,000 | 13,816,000 | 11,477,000 | 9,217,000 | 6,244,008 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 42,882,000 | 33,835,000 | 42,612,000 | 41,450,000 | 37,311,000 | 38,240,000 | 36,469,000 | 37,053,000 | 35,112,000 | 35,252,000 | 32,622,000 | 33,464,000 | 32,151,000 | 30,801,000 | 21,760,355 |
| Stock & work in progress | 46,000 | 20,000 | 17,000 | 14,000 | 19,000 | 15,000 | 8,000 | 4,000 | 4,000 | 4,000 | 6,000 | 7,000 | 6,000 | 5,000 | 6,165 |
| Trade Debtors | 286,000 | ||||||||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 2,431,000 | 2,014,000 | 2,075,000 | 1,736,000 | 877,000 | 732,000 | 667,000 | 674,000 | 415,000 | 385,000 | 1,053,000 | 454,000 | 358,000 | 393,000 | 383,043 |
| Cash | 8,409,000 | 8,472,000 | 4,308,000 | 5,838,000 | 4,524,000 | 8,675,000 | 9,913,000 | 7,328,000 | 4,167,000 | 5,632,000 | 7,016,000 | 4,914,000 | 4,393,000 | 6,288,000 | 11,643,547 |
| misc current assets | |||||||||||||||
| total current assets | 11,172,000 | 10,506,000 | 6,400,000 | 7,588,000 | 5,420,000 | 9,422,000 | 10,588,000 | 8,006,000 | 4,586,000 | 6,021,000 | 8,075,000 | 5,375,000 | 4,757,000 | 6,686,000 | 12,032,755 |
| total assets | 54,054,000 | 44,341,000 | 49,012,000 | 49,038,000 | 42,731,000 | 47,662,000 | 47,057,000 | 45,059,000 | 39,698,000 | 41,273,000 | 40,697,000 | 38,839,000 | 36,908,000 | 37,487,000 | 33,793,110 |
| Bank overdraft | 5,000 | 19,694 | |||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 447,000 | 331,000 | 542,000 | 382,000 | 247,000 | 265,000 | 236,000 | 296,000 | 446,000 | 425,000 | 525,000 | 259,000 | 248,000 | 304,000 | 345,099 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 1,772,000 | 729,000 | 722,000 | 1,533,000 | 704,000 | 582,000 | 696,000 | 671,000 | 842,000 | 858,000 | 782,000 | 973,000 | 930,000 | 2,413,000 | 2,279,786 |
| total current liabilities | 2,219,000 | 1,060,000 | 1,264,000 | 1,915,000 | 951,000 | 1,092,000 | 932,000 | 967,000 | 1,288,000 | 1,283,000 | 1,307,000 | 1,232,000 | 1,183,000 | 2,717,000 | 2,644,579 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 309,000 | 462,000 | 614,000 | 921,000 | |||||||||||
| other liabilities | 69,000 | ||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 69,000 | 309,000 | 462,000 | 614,000 | 921,000 | ||||||||||
| total liabilities | 2,288,000 | 1,060,000 | 1,264,000 | 1,915,000 | 951,000 | 1,092,000 | 932,000 | 967,000 | 1,597,000 | 1,745,000 | 1,921,000 | 2,153,000 | 1,183,000 | 2,717,000 | 2,644,579 |
| net assets | 51,766,000 | 43,281,000 | 47,748,000 | 47,123,000 | 41,780,000 | 46,570,000 | 46,125,000 | 44,092,000 | 38,101,000 | 39,528,000 | 38,776,000 | 36,686,000 | 35,725,000 | 34,770,000 | 31,148,531 |
| total shareholders funds | 51,766,000 | 43,281,000 | 47,748,000 | 47,123,000 | 41,780,000 | 46,570,000 | 46,125,000 | 44,092,000 | 38,101,000 | 39,528,000 | 38,776,000 | 36,686,000 | 35,725,000 | 34,770,000 | 31,148,531 |
| 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 | |||||||||||||||
| Depreciation | 870,000 | 1,092,000 | 1,031,000 | 972,000 | 989,000 | 1,018,000 | 1,082,000 | 1,293,000 | 1,231,000 | 1,176,000 | 1,277,000 | 317,000 | 312,095 | ||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | 26,000 | 3,000 | 3,000 | -5,000 | 4,000 | 7,000 | 4,000 | -2,000 | -1,000 | 1,000 | 1,000 | -1,165 | 6,165 | ||
| Debtors | 703,000 | -61,000 | 339,000 | 859,000 | 145,000 | 65,000 | -7,000 | 259,000 | 30,000 | -668,000 | 599,000 | 96,000 | -35,000 | 9,957 | 383,043 |
| Creditors | 116,000 | -211,000 | 160,000 | 135,000 | -18,000 | 29,000 | -60,000 | -150,000 | 21,000 | -100,000 | 266,000 | 11,000 | -56,000 | -41,099 | 345,099 |
| Accruals and Deferred Income | 1,043,000 | 7,000 | -811,000 | 829,000 | 122,000 | -114,000 | 25,000 | -480,000 | -169,000 | -76,000 | -498,000 | 964,000 | -1,483,000 | 133,214 | 2,279,786 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -695,000 | 541,000 | 847,000 | -46,000 | -2,855,000 | 28,000 | -809,000 | -2,461,000 | -8,983,000 | -3,812,883 | |||||
| Change in Investments | -3,125,000 | -8,590,000 | 1,507,000 | 3,808,000 | -162,000 | 2,397,000 | 220,000 | 2,922,000 | 896,000 | 3,795,000 | -143,000 | 2,339,000 | 2,260,000 | 2,972,992 | 6,244,008 |
| cash flow from investments | 3,125,000 | 8,590,000 | -1,507,000 | -3,808,000 | 162,000 | -3,092,000 | 321,000 | -2,075,000 | -942,000 | -6,650,000 | 171,000 | -3,148,000 | -4,721,000 | -11,955,992 | -10,056,891 |
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | 69,000 | ||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | 69,000 | 1,626,000 | 3,829,000 | -1,589,000 | 1,258,000 | 282,000 | 3,325,000 | -1,002,000 | 1,067,000 | 328,000 | 1,678,000 | 166,000 | 375,469 | 28,297,140 | |
| cash and cash equivalents | |||||||||||||||
| cash | -63,000 | 4,164,000 | -1,530,000 | 1,314,000 | -4,151,000 | -1,238,000 | 2,585,000 | 3,161,000 | -1,465,000 | -1,384,000 | 2,102,000 | 521,000 | -1,895,000 | -5,355,547 | 11,643,547 |
| overdraft | -5,000 | 5,000 | -19,694 | 19,694 | |||||||||||
| change in cash | -63,000 | 4,164,000 | -1,530,000 | 1,314,000 | -4,151,000 | -1,238,000 | 2,585,000 | 3,161,000 | -1,465,000 | -1,384,000 | 2,102,000 | 526,000 | -1,900,000 | -5,335,853 | 11,623,853 |
southern hospice group Credit Report and Business Information
Southern Hospice Group Competitor Analysis
Perform a competitor analysis for southern hospice group by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other large companies, companies in BN12 area or any other competitors across 12 key performance metrics.
southern hospice group Ownership
SOUTHERN HOSPICE GROUP group structure
Southern Hospice Group has 2 subsidiary companies.
Ultimate parent company
SOUTHERN HOSPICE GROUP
00930107
2 subsidiaries
southern hospice group directors
Southern Hospice Group currently has 12 directors. The longest serving directors include Mr Anthony Clark (Nov 2016) and Mrs Ruth Taylor (Feb 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Clark | 78 years | Nov 2016 | - | Director | |
| Mrs Ruth Taylor | 72 years | Feb 2017 | - | Director | |
| Mr Tony Moss | 78 years | Jan 2018 | - | Director | |
| Mrs Jill Carnie | 68 years | Aug 2018 | - | Director | |
| Mr Ian Sellwood | England | 61 years | Sep 2021 | - | Director |
| Mrs Rosalind Britton | England | 78 years | Sep 2021 | - | Director |
| Mr Michael Rymer | 76 years | Sep 2021 | - | Director | |
| Hhj David Rennie | 72 years | Sep 2021 | - | Director | |
| Mr Daniel Rennie-Hale | 41 years | Nov 2023 | - | Director | |
| Mr William Egan | 59 years | Feb 2024 | - | Director |
P&L
March 2024turnover
33m
+60%
operating profit
10.9m
0%
gross margin
53.3%
-0.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
51.8m
+0.2%
total assets
54.1m
+0.22%
cash
8.4m
-0.01%
net assets
Total assets minus all liabilities
southern hospice group company details
company number
00930107
Type
Private Ltd By Guarantee w/o Share Cap
industry
86220 - Specialist medical practice activities
incorporation date
April 1968
age
57
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
st barnabas hospices (sussex) ltd (December 2024)
st. barnabas' hospice (worthing) (December 2006)
See moreaccountant
-
auditor
KRESTON REEVES LLP
address
st barnabas house titnore lane, goring-by-sea, worthing, west sussex, BN12 6NZ
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
DMH STALLARD LLP GIRLINGS
southern hospice group 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 1 charges/mortgages relating to southern hospice group. Currently there are 1 open charges and 0 have been satisfied in the past.
southern hospice group 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 SOUTHERN HOSPICE GROUP. This can take several minutes, an email will notify you when this has completed.
southern hospice group Companies House Filings - See Documents
| date | description | view/download |
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