Pomanda estimates the enterprise value of THE FOSTERING NETWORK at £7m based on a Turnover of £8.4m and 0.83x industry multiple (adjusted for size and gross margin).
the fostering networkEstimated Valuation
£6.5m
Pomanda estimates the enterprise value of THE FOSTERING NETWORK at £6.5m based on an EBITDA of £972.6k and a 6.64x industry multiple (adjusted for size and gross margin).
the fostering networkEstimated Valuation
£9.1m
Pomanda estimates the enterprise value of THE FOSTERING NETWORK at £9.1m based on Net Assets of £3.7m and 2.43x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
The Fostering NetworkOverview
The Fostering Network is a live company located in london, SE1 8HA with a Companies House number of 01507277. It operates in the other social work activities without accommodation n.e.c. sector, SIC Code 88990. Founded in July 1980, it's largest shareholder is
unknown.
The Fostering Network is a mature,
mid sized company, Pomanda has estimated its turnover at
£8.4m with
healthy
growth in recent years.
Pomanda's financial health check has awarded The Fostering Network a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
7 Strong
2 Regular
3 Weak
Size
annual sales of £8.4m, make it larger than the average company (£451.8k)
£8.4m - The Fostering Network
£451.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (7%)
9% - The Fostering Network
7% - Industry AVG
Production
with a gross margin of 77.6%, this company has a comparable cost of product (77.6%)
77.6% - The Fostering Network
77.6% - Industry AVG
Profitability
an operating margin of 10.7% make it more profitable than the average company (2.5%)
10.7% - The Fostering Network
2.5% - Industry AVG
Employees
with 96 employees, this is above the industry average (12)
96 - The Fostering Network
12 - Industry AVG
Pay Structure
on an average salary of £42.1k, the company has a higher pay structure (£26k)
£42.1k - The Fostering Network
£26k - Industry AVG
Efficiency
resulting in sales per employee of £87.6k, this is more efficient (£45.7k)
£87.6k - The Fostering Network
£45.7k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is near the average (13 days)
13 days - The Fostering Network
13 days - Industry AVG
Creditor Days
its suppliers are paid after 89 days, this is slower than average (17 days)
89 days - The Fostering Network
17 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (19 days)
1 days - The Fostering Network
19 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 33 weeks, this is less cash available to meet short term requirements (200 weeks)
33 weeks - The Fostering Network
200 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52.8%, this is a higher level of debt than the average (15.7%)
52.8% - The Fostering Network
15.7% - Industry AVG
THE FOSTERING NETWORK financials
EXPORT
The Fostering Network's latest turnover from March 2024 is £8.4 million and the company has net assets of £3.7 million. According to their latest financial statements, The Fostering Network has 96 employees and maintains cash reserves of £2.7 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
8,411,919
6,878,008
6,661,807
6,429,919
6,844,718
7,198,315
6,819,257
6,748,208
7,887,563
7,018,176
6,969,015
6,381,857
5,859,886
6,669,075
6,690,766
Other Income Or Grants
Cost Of Sales
1,886,964
1,493,588
1,054,784
1,302,639
1,235,420
1,156,201
1,159,275
1,012,155
4,065,526
3,767,677
3,966,925
3,638,430
3,306,737
3,745,003
3,683,916
Gross Profit
6,524,955
5,384,420
5,607,023
5,127,280
5,609,298
6,042,114
5,659,982
5,736,053
3,822,037
3,250,499
3,002,090
2,743,427
2,553,149
2,924,072
3,006,850
Admin Expenses
5,624,329
5,616,696
5,735,781
5,149,453
5,409,290
5,358,879
5,348,850
5,447,028
3,514,153
3,281,211
2,960,001
2,491,341
2,370,651
2,453,604
3,040,561
Operating Profit
900,626
-232,276
-128,758
-22,173
200,008
683,235
311,132
289,025
307,884
-30,712
42,089
252,086
182,498
470,468
-33,711
Interest Payable
Interest Receivable
Pre-Tax Profit
719,527
-251,082
-154,474
-47,831
142,490
547,413
258,284
233,950
250,681
-24,845
37,835
195,360
138,875
344,215
-29,854
Tax
Profit After Tax
719,527
-251,082
-154,474
-47,831
142,490
547,413
258,284
233,950
250,681
-24,845
37,835
195,360
138,875
344,215
-29,854
Dividends Paid
Retained Profit
719,527
-251,082
-154,474
-47,831
142,490
547,413
258,284
233,950
250,681
-24,845
37,835
195,360
138,875
344,215
-29,854
Employee Costs
4,039,060
3,938,458
3,534,060
3,541,600
3,348,802
3,367,537
3,351,715
3,343,595
3,538,970
3,136,435
3,044,961
2,935,529
2,881,054
3,030,695
3,381,598
Number Of Employees
96
86
84
86
80
78
78
2
84
77
77
75
74
80
79
EBITDA*
972,635
-147,052
-31,514
86,948
248,411
744,617
413,111
394,160
380,355
19,640
94,840
327,382
282,061
572,523
54,785
* 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
3,961,052
3,756,558
3,774,978
3,575,503
3,280,807
3,679,127
2,908,775
2,979,136
3,075,142
1,816,402
1,767,347
1,172,258
1,247,554
1,339,697
1,429,002
Intangible Assets
Investments & Other
2
2
2
2
2
2
2
2
2
2
2
2
2
142,327
134,107
Debtors (Due After 1 year)
850,893
Total Fixed Assets
3,961,054
3,756,560
3,774,980
3,575,505
3,280,809
3,679,129
2,908,777
2,979,138
3,926,037
1,816,404
1,767,349
1,172,260
1,247,556
1,482,024
1,563,109
Stock & work in progress
7,354
29,162
10,089
32,313
36,385
46,219
22,592
24,998
57,843
47,620
62,188
103,282
81,735
99,054
104,122
Trade Debtors
302,856
857,965
1,591,370
1,148,946
947,947
1,243,912
372,129
220,811
665,523
256,821
334,998
305,831
890,347
493,335
Group Debtors
Misc Debtors
927,817
779,599
281,545
294,708
303,907
304,079
328,424
115,038
177,520
50,539
164,994
256,939
15,262
16,991
Cash
2,710,642
68,622
625,611
724,045
1,037,190
512,452
1,605,157
1,489,714
1,240,106
946,852
1,399,979
1,418,983
567,863
1,500,490
1,542,997
misc current assets
144,048
480,000
480,000
total current assets
3,948,669
1,735,348
2,508,615
2,200,012
2,325,429
2,106,662
2,328,302
1,850,561
1,297,949
1,837,515
1,769,527
2,022,257
1,356,416
2,985,153
2,637,445
total assets
7,909,723
5,491,908
6,283,595
5,775,517
5,606,238
5,785,791
5,237,079
4,829,699
5,223,986
3,653,919
3,536,876
3,194,517
2,603,972
4,467,177
4,200,554
Bank overdraft
Bank loan
54,595
107,627
107,618
109,348
108,477
Trade Creditors
463,252
522,129
335,358
645,319
934,883
406,812
630,461
331,712
370,754
326,641
149,054
180,033
291,280
215,888
125,368
Group/Directors Accounts
other short term finances
62,002
59,002
hp & lease commitments
other current liabilities
3,709,235
1,563,403
2,077,305
1,190,919
833,661
768,044
671,654
821,306
1,410,501
1,391,128
1,393,878
1,704,375
1,197,943
1,360,138
1,536,470
total current liabilities
4,172,487
2,202,129
2,579,292
1,943,856
1,877,892
1,283,333
1,302,115
1,153,018
1,781,255
1,717,769
1,542,932
1,884,408
1,489,223
1,576,026
1,661,838
loans
136,070
235,512
402,146
251,000
346,572
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
136,070
235,512
402,146
251,000
346,572
1,917,000
2,171,000
total liabilities
4,172,487
2,338,199
2,814,804
2,346,002
2,128,892
1,629,905
1,302,115
1,153,018
1,781,255
1,717,769
1,542,932
1,884,408
1,489,223
3,493,026
3,832,838
net assets
3,737,236
3,153,709
3,468,791
3,429,515
3,477,346
4,155,886
3,934,964
3,676,681
3,442,731
1,936,150
1,993,944
1,310,109
1,114,749
974,151
367,716
total shareholders funds
3,737,236
3,153,709
3,468,791
3,429,515
3,477,346
4,155,886
3,934,964
3,676,681
3,442,731
1,936,150
1,993,944
1,310,109
1,114,749
974,151
367,716
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
900,626
-232,276
-128,758
-22,173
200,008
683,235
311,132
289,025
307,884
-30,712
42,089
252,086
182,498
470,468
-33,711
Depreciation
72,009
85,224
97,244
109,121
48,403
61,382
101,979
105,135
72,471
50,352
52,751
75,296
99,563
102,055
88,496
Amortisation
Tax
Stock
-21,808
19,073
-22,224
-4,072
-9,834
23,627
-2,406
-32,845
10,223
-14,568
-41,094
21,547
-17,319
-5,068
104,122
Debtors
-406,891
-235,351
429,261
191,800
-296,137
847,438
364,704
-515,044
7,850
535,683
-192,632
-62,778
-342,839
395,283
510,326
Creditors
-58,877
186,771
-309,961
-289,564
528,071
-223,649
298,749
-39,042
44,113
177,587
-30,979
-111,247
75,392
90,520
125,368
Accruals and Deferred Income
2,145,832
-513,902
886,386
357,258
65,617
96,390
-149,652
-589,195
19,373
-2,750
-310,497
506,432
-162,195
-176,332
1,536,470
Deferred Taxes & Provisions
Cash flow from operations
3,488,289
-257,905
137,874
-33,086
1,148,070
-253,707
199,910
313,812
425,768
-326,638
-12,910
763,798
555,416
96,496
1,102,175
Investing Activities
capital expenditure
-31,618
-9,129
-75,311
-99,407
-1,840
328,532
-12,750
-23,647
Change in Investments
-142,325
8,220
134,107
cash flow from investments
-31,618
-9,129
-75,311
-99,407
-1,840
470,857
-20,970
-157,754
Financing Activities
Bank loans
-54,595
-53,032
9
-1,730
871
108,477
Group/Directors Accounts
Other Short Term Loans
-62,002
3,000
59,002
Long term loans
-136,070
-99,442
-166,634
151,146
-95,572
346,572
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-136,000
-64,000
193,750
-821,030
-326,491
-1
1,255,900
-32,949
646,000
1,723
262,220
397,570
interest
cash flow from financing
-388,667
-213,474
86,127
149,416
-915,731
128,558
-1
1,255,900
-32,949
646,000
1,723
262,220
397,570
cash and cash equivalents
cash
2,642,020
-556,989
-98,434
-313,145
524,738
-1,092,705
115,443
249,608
293,254
-453,127
-19,004
851,120
-932,627
-42,507
1,542,997
overdraft
change in cash
2,642,020
-556,989
-98,434
-313,145
524,738
-1,092,705
115,443
249,608
293,254
-453,127
-19,004
851,120
-932,627
-42,507
1,542,997
the fostering network 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 the fostering network. Get real-time insights into the fostering network's credit score, group structure and payment trends.
Perform a competitor analysis for the fostering network by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other mid companies, companies in SE1 area or any other competitors across 12 key performance metrics.
94990 - Activities of other membership organisations n.e.c.
88990 - Other social work activities without accommodation n.e.c.
incorporation date
July 1980
age
45
incorporated
UK
ultimate parent company
None
accounts
Full Accounts
last accounts submitted
March 2024
previous names
fostering network (February 2007)
national foster-care association(the) (February 2001)
accountant
-
auditor
SAYER VINCENT LLP
address
87 blackfriars road, london, SE1 8HA
Bank
BARCLAYS BANK PLC
Legal Advisor
-
the fostering network 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 the fostering network.
the fostering network 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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the fostering networkCompanies House Filings - See Documents
