family action
family action Company Information
Group Structure
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Industry
Other social work activities without accommodation n.e.c.
Registered Address
34 wharf road, london, N1 7GR
Website
www.family-action.org.ukfamily action Estimated Valuation
Pomanda estimates the enterprise value of FAMILY ACTION at £36m based on a Turnover of £40.4m and 0.89x industry multiple (adjusted for size and gross margin).
family action Estimated Valuation
Pomanda estimates the enterprise value of FAMILY ACTION at £10.4m based on an EBITDA of £1.2m and a 8.95x industry multiple (adjusted for size and gross margin).
family action Estimated Valuation
Pomanda estimates the enterprise value of FAMILY ACTION at £65m based on Net Assets of £20.8m and 3.12x industry multiple (adjusted for liquidity).
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Family Action Overview
Family Action is a live company located in london, N1 7GR with a Companies House number of 01068186. It operates in the other social work activities without accommodation n.e.c. sector, SIC Code 88990. Founded in August 1972, it's largest shareholder is unknown. Family Action is a mature, large sized company, Pomanda has estimated its turnover at £40.4m with declining growth in recent years.
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Family Action Health Check
Pomanda's financial health check has awarded Family Action a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
3 Weak
Size
annual sales of £40.4m, make it larger than the average company (£484.8k)
£40.4m - Family Action
£484.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (6.5%)
-1% - Family Action
6.5% - Industry AVG
Production
with a gross margin of 68.9%, this company has a comparable cost of product (68.9%)
68.9% - Family Action
68.9% - Industry AVG
Profitability
an operating margin of 2.6% make it less profitable than the average company (3.5%)
2.6% - Family Action
3.5% - Industry AVG
Employees
with 920 employees, this is above the industry average (14)
920 - Family Action
14 - Industry AVG
Pay Structure
on an average salary of £27.5k, the company has an equivalent pay structure (£25.1k)
£27.5k - Family Action
£25.1k - Industry AVG
Efficiency
resulting in sales per employee of £43.9k, this is equally as efficient (£39.7k)
£43.9k - Family Action
£39.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Family Action
- - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is slower than average (6 days)
24 days - Family Action
6 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Family Action
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 242 weeks, this is average cash available to meet short term requirements (242 weeks)
242 weeks - Family Action
242 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40%, this is a higher level of debt than the average (12.6%)
40% - Family Action
12.6% - Industry AVG
FAMILY ACTION financials
Family Action's latest turnover from March 2024 is £40.4 million and the company has net assets of £20.8 million. According to their latest financial statements, Family Action has 920 employees and maintains cash reserves of £13.9 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 | 40,361,000 | 39,001,000 | 35,231,000 | 41,068,000 | 37,293,000 | 32,351,000 | 23,389,000 | 21,930,000 | 21,466,000 | 22,124,000 | 20,219,000 | 18,487,000 | 18,548,000 | 22,087,000 | 23,111,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 1,038,000 | 2,088,000 | |||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 1,378,000 | 1,052,000 | 2,428,000 | 4,637,000 | 1,483,000 | 3,638,000 | 1,305,000 | 414,000 | 774,000 | 182,000 | 191,000 | -527,000 | -686,000 | -724,000 | 846,000 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 1,378,000 | 1,052,000 | 2,428,000 | 4,637,000 | 1,483,000 | 3,638,000 | 1,305,000 | 414,000 | 774,000 | 182,000 | 191,000 | -527,000 | -686,000 | -724,000 | 846,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 1,378,000 | 1,052,000 | 2,428,000 | 4,637,000 | 1,483,000 | 3,638,000 | 1,305,000 | 414,000 | 774,000 | 182,000 | 191,000 | -527,000 | -686,000 | -724,000 | 846,000 |
| Employee Costs | 25,344,000 | 23,446,000 | 22,731,000 | 22,111,000 | 20,584,000 | 18,229,000 | 16,417,000 | 17,227,000 | 16,441,000 | 17,100,000 | 16,280,000 | 14,116,000 | 14,595,000 | 17,319,000 | 17,237,000 |
| Number Of Employees | 920 | 856 | 904 | 890 | 847 | 753 | 680 | 703 | 685 | 715 | 677 | 586 | 621 | 715 | 726 |
| EBITDA* | 1,160,000 | 2,276,000 |
* 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 | 4,497,000 | 4,593,000 | 4,754,000 | 4,587,000 | 6,623,000 | 6,195,000 | 408,000 | 320,000 | 717,000 | 785,000 | 2,721,000 | 1,044,000 | 1,128,000 | 1,208,000 | 470,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 10,247,000 | 10,077,000 | 11,207,000 | 11,061,000 | 9,459,000 | 10,605,000 | 10,664,000 | 10,995,000 | 9,825,000 | 10,249,000 | 9,743,000 | 9,743,000 | 8,891,000 | 8,966,000 | 8,661,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 14,744,000 | 14,670,000 | 15,961,000 | 15,648,000 | 16,082,000 | 16,800,000 | 11,072,000 | 11,315,000 | 10,542,000 | 11,034,000 | 12,464,000 | 10,787,000 | 10,019,000 | 10,174,000 | 9,131,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,905,000 | 2,017,000 | 0 | 0 | 0 | 0 | 619,000 | 948,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 5,980,000 | 5,634,000 | 4,656,000 | 4,324,000 | 5,654,000 | 4,794,000 | 2,696,000 | 0 | 0 | 2,072,000 | 2,358,000 | 1,844,000 | 1,194,000 | 586,000 | 690,000 |
| Cash | 13,942,000 | 12,380,000 | 12,689,000 | 9,398,000 | 6,999,000 | 7,302,000 | 7,203,000 | 8,448,000 | 7,404,000 | 7,382,000 | 4,536,000 | 4,406,000 | 5,479,000 | 6,515,000 | 6,337,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 19,922,000 | 18,014,000 | 17,345,000 | 13,722,000 | 12,653,000 | 12,096,000 | 9,899,000 | 10,353,000 | 9,421,000 | 9,454,000 | 6,894,000 | 6,250,000 | 6,673,000 | 7,720,000 | 7,975,000 |
| total assets | 34,666,000 | 32,684,000 | 33,306,000 | 29,370,000 | 28,735,000 | 28,896,000 | 20,971,000 | 21,668,000 | 19,963,000 | 20,488,000 | 19,358,000 | 17,037,000 | 16,692,000 | 17,894,000 | 17,106,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 63,000 | 63,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 834,000 | 593,000 | 2,423,000 | 961,000 | 1,075,000 | 1,168,000 | 412,000 | 398,000 | 343,000 | 191,000 | 0 | 2,000 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 33,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,161,000 | 1,737,000 | 1,522,000 | 1,583,000 | 2,437,000 | 2,568,000 | 1,443,000 | 1,870,000 | 2,298,000 | 2,950,000 | 2,886,000 | 2,148,000 | 2,076,000 | 1,717,000 | 1,189,000 |
| total current liabilities | 2,995,000 | 2,330,000 | 3,945,000 | 2,544,000 | 3,575,000 | 3,799,000 | 1,888,000 | 2,268,000 | 2,641,000 | 3,141,000 | 2,886,000 | 2,150,000 | 2,076,000 | 1,717,000 | 1,189,000 |
| loans | 0 | 0 | 0 | 0 | 2,593,000 | 0 | 0 | 1,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 2,657,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 10,862,000 | 9,681,000 | 12,475,000 | 13,971,000 | 8,051,000 | 9,970,000 | 7,917,000 | 10,258,000 | 5,132,000 | 6,476,000 | 4,186,000 | 1,957,000 | 4,472,000 | 2,756,000 | 4,263,000 |
| total liabilities | 13,857,000 | 12,011,000 | 16,420,000 | 16,515,000 | 11,626,000 | 13,769,000 | 9,805,000 | 12,526,000 | 7,773,000 | 9,617,000 | 7,072,000 | 4,107,000 | 6,548,000 | 4,473,000 | 5,452,000 |
| net assets | 20,809,000 | 20,673,000 | 16,886,000 | 12,855,000 | 17,109,000 | 15,127,000 | 11,166,000 | 9,142,000 | 12,190,000 | 10,871,000 | 12,286,000 | 12,930,000 | 10,144,000 | 13,421,000 | 11,654,000 |
| total shareholders funds | 20,809,000 | 20,673,000 | 16,886,000 | 12,855,000 | 17,109,000 | 15,127,000 | 11,166,000 | 9,142,000 | 12,190,000 | 10,871,000 | 12,286,000 | 12,930,000 | 10,144,000 | 13,421,000 | 11,654,000 |
| 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 | 1,038,000 | 2,088,000 | |||||||||||||
| Depreciation | 122,000 | 188,000 | 157,000 | 177,000 | 163,000 | 72,000 | 73,000 | 77,000 | 77,000 | 57,000 | 88,000 | 88,000 | 93,000 | 82,000 | 79,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 346,000 | 978,000 | 332,000 | -1,330,000 | 860,000 | 2,098,000 | 791,000 | -112,000 | -55,000 | -286,000 | 514,000 | 650,000 | -11,000 | -433,000 | 1,638,000 |
| Creditors | 241,000 | -1,830,000 | 1,462,000 | -114,000 | -93,000 | 756,000 | 14,000 | 55,000 | 152,000 | 191,000 | -2,000 | 2,000 | 0 | 0 | 0 |
| Accruals and Deferred Income | 424,000 | 215,000 | -61,000 | -854,000 | -131,000 | 1,125,000 | -427,000 | -428,000 | -652,000 | 64,000 | 738,000 | 72,000 | 359,000 | 528,000 | 1,189,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,479,000 | -317,000 | |||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -161,000 | 752,000 | 86,000 | 1,874,000 | -165,000 | -4,000 | -3,000 | -67,000 | -153,000 | |
| Change in Investments | 170,000 | -1,130,000 | 146,000 | 1,602,000 | -1,146,000 | -59,000 | -331,000 | 1,170,000 | -424,000 | 506,000 | 0 | 852,000 | -75,000 | 305,000 | 8,661,000 |
| cash flow from investments | -170,000 | 1,130,000 | -146,000 | -1,602,000 | 1,146,000 | 170,000 | -418,000 | 510,000 | 1,368,000 | -165,000 | -856,000 | 72,000 | -372,000 | -8,814,000 | |
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | -63,000 | 0 | 63,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -33,000 | 33,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | -2,593,000 | 2,593,000 | 0 | -1,000,000 | 1,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -2,657,000 | 2,657,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | -1,242,000 | 2,735,000 | 1,603,000 | -11,547,000 | 435,000 | 3,010,000 | -248,000 | -2,462,000 | 545,000 | -1,597,000 | -835,000 | 3,313,000 | -2,591,000 | 2,491,000 | 10,808,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 1,562,000 | -309,000 | 3,291,000 | 2,399,000 | -303,000 | 99,000 | -1,245,000 | 1,044,000 | 22,000 | 2,846,000 | 130,000 | -1,073,000 | -1,036,000 | 178,000 | 6,337,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,562,000 | -309,000 | 3,291,000 | 2,399,000 | -303,000 | 99,000 | -1,245,000 | 1,044,000 | 22,000 | 2,846,000 | 130,000 | -1,073,000 | -1,036,000 | 178,000 | 6,337,000 |
family action Credit Report and Business Information
Family Action Competitor Analysis
Perform a competitor analysis for family action by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other large companies, companies in N 1 area or any other competitors across 12 key performance metrics.
family action Ownership
FAMILY ACTION group structure
Family Action has 1 subsidiary company.
family action directors
Family Action currently has 12 directors. The longest serving directors include Mr Paul Hayes (Sep 2014) and Mr Robert Tapsfield (Jul 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Hayes | England | 73 years | Sep 2014 | - | Director |
| Mr Robert Tapsfield | England | 73 years | Jul 2015 | - | Director |
| Mr Philippe Broadhead | England | 59 years | Mar 2018 | - | Director |
| Ms Dez Holmes | 43 years | Mar 2018 | - | Director | |
| Mr Ian Hargrave | England | 64 years | Mar 2018 | - | Director |
| Ms Melanie Williams Browne | United Kingdom | 59 years | Feb 2021 | - | Director |
| Mr Ayodele Arogundade | England | 38 years | Feb 2021 | - | Director |
| Ms Caroline Walsh | England | 60 years | May 2023 | - | Director |
| Ms Charlotte Heiss | England | 45 years | May 2023 | - | Director |
| Ms Katherine Prince | England | 36 years | Jul 2023 | - | Director |
P&L
March 2024turnover
40.4m
+3%
operating profit
1m
-50%
gross margin
69%
+1.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
20.8m
+0.01%
total assets
34.7m
+0.06%
cash
13.9m
+0.13%
net assets
Total assets minus all liabilities
family action company details
company number
01068186
Type
Private Ltd By Guarantee w/o Share Cap
industry
88990 - Other social work activities without accommodation n.e.c.
incorporation date
August 1972
age
53
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
family welfare association (the) invalid ending (July 2008)
family welfare association limited (the) (December 1976)
accountant
-
auditor
HAYSMACINTYRE LLP
address
34 wharf road, london, N1 7GR
Bank
COUTTS & CO
Legal Advisor
-
family action 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 15 charges/mortgages relating to family action. Currently there are 0 open charges and 15 have been satisfied in the past.
family action 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 FAMILY ACTION. This can take several minutes, an email will notify you when this has completed.
family action Companies House Filings - See Documents
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