st michael's hospice (incorporating the freda pearce foundation) Company Information
Company Number
01634942
Registered Address
st michael's hospice, bartestree, hereford, HR1 4HA
Industry
Hospital activities
Telephone
01432851000
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
-0%
st michael's hospice (incorporating the freda pearce foundation) Estimated Valuation
Pomanda estimates the enterprise value of ST MICHAEL'S HOSPICE (INCORPORATING THE FREDA PEARCE FOUNDATION) at £7.4m based on a Turnover of £10.2m and 0.73x industry multiple (adjusted for size and gross margin).
st michael's hospice (incorporating the freda pearce foundation) Estimated Valuation
Pomanda estimates the enterprise value of ST MICHAEL'S HOSPICE (INCORPORATING THE FREDA PEARCE FOUNDATION) at £0 based on an EBITDA of £-323.5k and a 5.44x industry multiple (adjusted for size and gross margin).
st michael's hospice (incorporating the freda pearce foundation) Estimated Valuation
Pomanda estimates the enterprise value of ST MICHAEL'S HOSPICE (INCORPORATING THE FREDA PEARCE FOUNDATION) at £70.4m based on Net Assets of £23.8m and 2.96x industry multiple (adjusted for liquidity).
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St Michael's Hospice (incorporating The Freda Pearce Foundation) Overview
St Michael's Hospice (incorporating The Freda Pearce Foundation) is a live company located in hereford, HR1 4HA with a Companies House number of 01634942. It operates in the hospital activities sector, SIC Code 86101. Founded in May 1982, it's largest shareholder is unknown. St Michael's Hospice (incorporating The Freda Pearce Foundation) is a mature, mid sized company, Pomanda has estimated its turnover at £10.2m with low growth in recent years.
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St Michael's Hospice (incorporating The Freda Pearce Foundation) Health Check
Pomanda's financial health check has awarded St Michael'S Hospice (Incorporating The Freda Pearce Foundation) a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £10.2m, make it larger than the average company (£4.7m)
£10.2m - St Michael's Hospice (incorporating The Freda Pearce Foundation)
£4.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (8.3%)
3% - St Michael's Hospice (incorporating The Freda Pearce Foundation)
8.3% - Industry AVG
Production
with a gross margin of 32.4%, this company has a comparable cost of product (32.4%)
32.4% - St Michael's Hospice (incorporating The Freda Pearce Foundation)
32.4% - Industry AVG
Profitability
an operating margin of -7.7% make it less profitable than the average company (11.9%)
-7.7% - St Michael's Hospice (incorporating The Freda Pearce Foundation)
11.9% - Industry AVG
Employees
with 286 employees, this is above the industry average (60)
286 - St Michael's Hospice (incorporating The Freda Pearce Foundation)
60 - Industry AVG
Pay Structure
on an average salary of £26.8k, the company has an equivalent pay structure (£32.7k)
£26.8k - St Michael's Hospice (incorporating The Freda Pearce Foundation)
£32.7k - Industry AVG
Efficiency
resulting in sales per employee of £35.6k, this is less efficient (£70.7k)
£35.6k - St Michael's Hospice (incorporating The Freda Pearce Foundation)
£70.7k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (23 days)
3 days - St Michael's Hospice (incorporating The Freda Pearce Foundation)
23 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (31 days)
14 days - St Michael's Hospice (incorporating The Freda Pearce Foundation)
31 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (10 days)
0 days - St Michael's Hospice (incorporating The Freda Pearce Foundation)
10 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 54 weeks, this is more cash available to meet short term requirements (41 weeks)
54 weeks - St Michael's Hospice (incorporating The Freda Pearce Foundation)
41 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.9%, this is a lower level of debt than the average (46%)
3.9% - St Michael's Hospice (incorporating The Freda Pearce Foundation)
46% - Industry AVG
ST MICHAEL'S HOSPICE (INCORPORATING THE FREDA PEARCE FOUNDATION) financials
St Michael'S Hospice (Incorporating The Freda Pearce Foundation)'s latest turnover from March 2024 is £10.2 million and the company has net assets of £23.8 million. According to their latest financial statements, St Michael'S Hospice (Incorporating The Freda Pearce Foundation) has 286 employees and maintains cash reserves of £1 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 | 10,192,618 | 10,224,920 | 10,127,050 | 9,434,696 | 9,930,651 | 7,806,027 | 7,364,951 | 7,323,103 | 7,865,265 | 8,904,397 | 8,511,020 | 4,665,692 | 3,963,392 | 3,863,697 | 4,803,349 |
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Receivable | 0 | 0 | 0 | 0 | 0 | 67,964 | 56,053 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Pre-Tax Profit | -695,815 | 241,844 | 1,424,501 | 2,195,546 | 1,107,758 | -199,031 | -87,989 | 740,009 | 2,530,520 | 3,462,343 | 4,145,247 | 427,987 | -114,309 | -95,731 | 1,115,080 |
Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit After Tax | -695,815 | 241,844 | 1,424,501 | 2,195,546 | 1,107,758 | -199,031 | -87,989 | 740,009 | 2,530,520 | 3,462,343 | 4,145,247 | 427,987 | -114,309 | -95,731 | 1,115,080 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | -695,815 | 241,844 | 1,424,501 | 2,195,546 | 1,107,758 | -199,031 | -87,989 | 740,009 | 2,530,520 | 3,462,343 | 4,145,247 | 427,987 | -114,309 | -95,731 | 1,115,080 |
Employee Costs | 7,651,078 | 6,522,937 | 5,908,323 | 5,409,473 | 5,667,992 | 5,290,031 | 4,885,266 | 4,339,014 | 3,414,473 | 2,959,345 | 2,930,206 | 2,731,571 | 2,692,470 | 2,680,901 | 2,535,951 |
Number Of Employees | 286 | 258 | 241 | 229 | 159 | 153 | 225 | 206 | 170 | 154 | 96 | 88 | 86 | 113 | 110 |
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 | 13,802,807 | 10,945,475 | 11,177,733 | 11,379,308 | 11,644,382 | 12,168,174 | 11,337,100 | 11,503,507 | 11,176,121 | 8,868,802 | 5,864,235 | 2,591,159 | 2,648,484 | 2,555,599 | 1,991,842 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 9,182,415 | 10,786,616 | 9,614,515 | 9,432,822 | 6,641,885 | 6,476,740 | 8,097,793 | 8,007,618 | 7,095,452 | 5,622,276 | 5,702,191 | 5,882,683 | 5,148,967 | 5,376,022 | 5,633,741 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 22,985,222 | 21,732,091 | 20,792,248 | 20,812,130 | 18,286,267 | 18,644,914 | 19,434,893 | 19,511,125 | 18,271,573 | 14,491,078 | 11,566,426 | 8,473,842 | 7,797,451 | 7,931,621 | 7,625,583 |
Stock & work in progress | 15,275 | 15,604 | 16,801 | 20,404 | 18,146 | 16,934 | 22,411 | 21,993 | 17,553 | 14,779 | 18,552 | 24,036 | 19,229 | 15,801 | 17,005 |
Trade Debtors | 92,260 | 55,910 | 46,176 | 23,075 | 42,904 | 70,089 | 16,057 | 34,863 | 49,030 | 48,686 | 43,590 | 59,818 | 127,527 | 42,355 | 117,783 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 634,500 | 752,934 | 1,988,948 | 1,244,520 | 1,727,476 | 775,716 | 385,369 | 670,116 | 718,716 | 1,845,532 | 536,284 | 252,742 | 38,873 | 93,560 | 19,593 |
Cash | 1,018,793 | 2,781,482 | 2,370,110 | 1,372,901 | 1,165,108 | 755,691 | 464,227 | 364,002 | 879,610 | 646,035 | 1,874,238 | 331,699 | 304,261 | 186,791 | 394,810 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23,542 |
total current assets | 1,760,828 | 3,605,930 | 4,422,035 | 2,660,900 | 2,953,634 | 1,618,430 | 888,064 | 1,090,974 | 1,664,909 | 2,555,032 | 2,472,664 | 668,295 | 489,890 | 338,507 | 572,733 |
total assets | 24,746,050 | 25,338,021 | 25,214,283 | 23,473,030 | 21,239,901 | 20,263,344 | 20,322,957 | 20,602,099 | 19,936,482 | 17,046,110 | 14,039,090 | 9,142,137 | 8,287,341 | 8,270,128 | 8,198,316 |
Bank overdraft | 7,110 | 7,285 | 5,725 | 7,720 | 6,315 | 10,460 | 6,770 | 13,390 | 14,988 | 6,646 | 11,294 | 2,955 | 46,428 | 87,345 | 25,516 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 272,257 | 182,955 | 234,357 | 88,947 | 103,617 | 152,814 | 192,915 | 178,907 | 455,278 | 158,271 | 78,925 | 208,817 | 220,415 | 57,476 | 91,060 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 686,766 | 672,049 | 740,313 | 566,976 | 516,128 | 593,987 | 503,683 | 627,947 | 667,835 | 637,385 | 1,198,303 | 345,416 | 39,994 | 157,678 | 103,801 |
total current liabilities | 966,133 | 862,289 | 980,395 | 663,643 | 626,060 | 757,261 | 703,368 | 820,244 | 1,138,101 | 802,302 | 1,288,522 | 557,188 | 306,837 | 302,499 | 220,377 |
loans | 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 |
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 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 966,133 | 862,289 | 980,395 | 663,643 | 626,060 | 757,261 | 703,368 | 820,244 | 1,138,101 | 802,302 | 1,288,522 | 557,188 | 306,837 | 302,499 | 220,377 |
net assets | 23,779,917 | 24,475,732 | 24,233,888 | 22,809,387 | 20,613,841 | 19,506,083 | 19,619,589 | 19,781,855 | 18,798,381 | 16,243,808 | 12,750,568 | 8,584,949 | 7,980,504 | 7,967,629 | 7,977,939 |
total shareholders funds | 23,779,917 | 24,475,732 | 24,233,888 | 22,809,387 | 20,613,841 | 19,506,083 | 19,619,589 | 19,781,855 | 18,798,381 | 16,243,808 | 12,750,568 | 8,584,949 | 7,980,504 | 7,967,629 | 7,977,939 |
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 | 466,490 | 446,676 | 469,397 | 486,002 | 536,685 | 513,496 | 430,851 | 305,521 | 272,270 | 144,997 | 153,194 | 162,280 | 182,016 | 162,094 | 144,779 |
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 | -329 | -1,197 | -3,603 | 2,258 | 1,212 | -5,477 | 418 | 4,440 | 2,774 | -3,773 | -5,484 | 4,807 | 3,428 | -1,204 | 17,005 |
Debtors | -82,084 | -1,226,280 | 767,529 | -502,785 | 924,575 | 444,379 | -303,553 | -62,767 | -1,126,472 | 1,314,344 | 267,314 | 146,160 | 30,485 | -1,461 | 137,376 |
Creditors | 89,302 | -51,402 | 145,410 | -14,670 | -49,197 | -40,101 | 14,008 | -276,371 | 297,007 | 79,346 | -129,892 | -11,598 | 162,939 | -33,584 | 91,060 |
Accruals and Deferred Income | 14,717 | -68,264 | 173,337 | 50,848 | -77,859 | 90,304 | -124,264 | -39,888 | 30,450 | -560,918 | 852,887 | 305,422 | -117,684 | 53,877 | 103,801 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | 0 | 0 | 0 | 0 | 0 | 463,183 | -427,894 | -1,299,608 | 7,275,386 | -3,823,241 | -3,226,270 | -669,870 | 150,099 | -291,959 | -970,731 |
Change in Investments | -1,604,201 | 1,172,101 | 181,693 | 2,790,937 | 165,145 | -1,621,053 | 90,175 | 912,166 | 1,473,176 | -79,915 | -180,492 | 733,716 | -227,055 | -257,719 | 5,633,741 |
cash flow from investments | 1,604,201 | -1,172,101 | -181,693 | -2,790,937 | -165,145 | 2,084,236 | -518,069 | -2,211,774 | 5,802,210 | -3,743,326 | -3,045,778 | -1,403,586 | 377,154 | -34,240 | -6,604,472 |
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | 0 | 0 | 0 | 0 | 0 | 67,964 | 56,053 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from financing | 0 | 0 | 0 | 0 | 0 | 153,489 | -18,224 | 243,465 | 24,053 | 30,897 | 20,372 | 176,458 | 127,184 | 85,421 | 6,862,859 |
cash and cash equivalents | |||||||||||||||
cash | -1,762,689 | 411,372 | 997,209 | 207,793 | 409,417 | 291,464 | 100,225 | -515,608 | 233,575 | -1,228,203 | 1,542,539 | 27,438 | 117,470 | -208,019 | 394,810 |
overdraft | -175 | 1,560 | -1,995 | 1,405 | -4,145 | 3,690 | -6,620 | -1,598 | 8,342 | -4,648 | 8,339 | -43,473 | -40,917 | 61,829 | 25,516 |
change in cash | -1,762,514 | 409,812 | 999,204 | 206,388 | 413,562 | 287,774 | 106,845 | -514,010 | 225,233 | -1,223,555 | 1,534,200 | 70,911 | 158,387 | -269,848 | 369,294 |
st michael's hospice (incorporating the freda pearce foundation) Credit Report and Business Information
St Michael's Hospice (incorporating The Freda Pearce Foundation) Competitor Analysis
Perform a competitor analysis for st michael's hospice (incorporating the freda pearce foundation) by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other mid companies, companies in HR1 area or any other competitors across 12 key performance metrics.
st michael's hospice (incorporating the freda pearce foundation) Ownership
ST MICHAEL'S HOSPICE (INCORPORATING THE FREDA PEARCE FOUNDATION) group structure
St Michael'S Hospice (Incorporating The Freda Pearce Foundation) has 2 subsidiary companies.
Ultimate parent company
ST MICHAEL'S HOSPICE (INCORPORATING THE FREDA PEARCE FOUNDATION)
01634942
2 subsidiaries
st michael's hospice (incorporating the freda pearce foundation) directors
St Michael'S Hospice (Incorporating The Freda Pearce Foundation) currently has 7 directors. The longest serving directors include Miss Patricia Greenwood (Mar 2006) and Mr David Teague (Oct 2006).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Miss Patricia Greenwood | 76 years | Mar 2006 | - | Director | |
Mr David Teague | England | 73 years | Oct 2006 | - | Director |
Mrs Carol Winney | 77 years | Nov 2011 | - | Director | |
Mr Eric Drummond | United Kingdom | 70 years | Dec 2020 | - | Director |
Mr Ian Entwisle | 58 years | Jun 2022 | - | Director | |
Mr Charles Akle | 72 years | Jun 2022 | - | Director | |
Dr Paul Downey | 65 years | Oct 2022 | - | Director |
P&L
March 2024turnover
10.2m
0%
operating profit
-790k
0%
gross margin
32.5%
-10.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
23.8m
-0.03%
total assets
24.7m
-0.02%
cash
1m
-0.63%
net assets
Total assets minus all liabilities
st michael's hospice (incorporating the freda pearce foundation) company details
company number
01634942
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
86101 - Hospital activities
incorporation date
May 1982
age
42
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
freda pearce foundation (September 1986)
freda pearce foundation limited (June 1983)
accountant
-
auditor
CROWE UK LLP
address
st michael's hospice, bartestree, hereford, HR1 4HA
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
st michael's hospice (incorporating the freda pearce foundation) 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 st michael's hospice (incorporating the freda pearce foundation). Currently there are 1 open charges and 0 have been satisfied in the past.
st michael's hospice (incorporating the freda pearce foundation) Companies House Filings - See Documents
date | description | view/download |
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