solor care south east ltd
solor care south east ltd Company Information
Company Number
02507430
Next Accounts
Dec 2025
Shareholders
solor care ltd
Group Structure
View All
Industry
Residential care activities for the elderly and disabled
Registered Address
voyage care wall island, birmingham road, lichfield, staffordshire, WS14 0QP
Website
https://www.robinia.co.uksolor care south east ltd Estimated Valuation
Pomanda estimates the enterprise value of SOLOR CARE SOUTH EAST LTD at £3.6m based on a Turnover of £4.9m and 0.73x industry multiple (adjusted for size and gross margin).
solor care south east ltd Estimated Valuation
Pomanda estimates the enterprise value of SOLOR CARE SOUTH EAST LTD at £3.2m based on an EBITDA of £542k and a 5.88x industry multiple (adjusted for size and gross margin).
solor care south east ltd Estimated Valuation
Pomanda estimates the enterprise value of SOLOR CARE SOUTH EAST LTD at £2m based on Net Assets of £677k and 2.93x industry multiple (adjusted for liquidity).
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Solor Care South East Ltd Overview
Solor Care South East Ltd is a live company located in lichfield, WS14 0QP with a Companies House number of 02507430. It operates in the residential care activities for the elderly and disabled sector, SIC Code 87300. Founded in May 1990, it's largest shareholder is solor care ltd with a 100% stake. Solor Care South East Ltd is a mature, small sized company, Pomanda has estimated its turnover at £4.9m with low growth in recent years.
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Solor Care South East Ltd Health Check
Pomanda's financial health check has awarded Solor Care South East Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £4.9m, make it larger than the average company (£3.3m)
£4.9m - Solor Care South East Ltd
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (6.8%)
1% - Solor Care South East Ltd
6.8% - Industry AVG
Production
with a gross margin of 29.5%, this company has a higher cost of product (38.9%)
29.5% - Solor Care South East Ltd
38.9% - Industry AVG
Profitability
an operating margin of -5.4% make it less profitable than the average company (10.6%)
-5.4% - Solor Care South East Ltd
10.6% - Industry AVG
Employees
with 124 employees, this is above the industry average (74)
124 - Solor Care South East Ltd
74 - Industry AVG
Pay Structure
on an average salary of £29.2k, the company has a higher pay structure (£24.3k)
£29.2k - Solor Care South East Ltd
£24.3k - Industry AVG
Efficiency
resulting in sales per employee of £39.7k, this is equally as efficient (£40.8k)
£39.7k - Solor Care South East Ltd
£40.8k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (17 days)
12 days - Solor Care South East Ltd
17 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Solor Care South East Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Solor Care South East Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (30 weeks)
0 weeks - Solor Care South East Ltd
30 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.5%, this is a higher level of debt than the average (44.4%)
94.5% - Solor Care South East Ltd
44.4% - Industry AVG
SOLOR CARE SOUTH EAST LTD financials
Solor Care South East Ltd's latest turnover from March 2024 is £4.9 million and the company has net assets of £677 thousand. According to their latest financial statements, Solor Care South East Ltd has 124 employees and maintains cash reserves of £1 thousand 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 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 4,924,000 | 4,749,000 | 4,743,000 | 4,713,000 | 4,529,000 | 4,271,000 | 4,051,000 | 3,980,000 | 3,934,000 | 3,930,000 | 3,622,000 | 3,626,000 | 2,853,000 | 3,893,082 | 4,536,829 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 2,448,811 | 2,525,161 | |||||||||||||
| Gross Profit | 1,444,271 | 2,011,668 | |||||||||||||
| Admin Expenses | 1,150,610 | 1,549,587 | |||||||||||||
| Operating Profit | -266,000 | -34,000 | 321,000 | 953,000 | -15,000 | 550,000 | 383,000 | 239,000 | 407,000 | 338,000 | 11,000 | 63,000 | -18,000 | 293,661 | 462,081 |
| Interest Payable | 387,000 | 4,382,000 | 4,335,000 | 3,511,000 | 2,895,000 | 2,427,000 | 1,720,000 | 1,357,000 | 932,000 | 582,000 | 595,000 | 79,000 | 1,018 | 2,433 | |
| Interest Receivable | 313,000 | 4,300,000 | 4,245,000 | 3,709,000 | 3,073,000 | 2,503,000 | 2,103,000 | 1,751,000 | 1,246,000 | 821,000 | 1,020,000 | 103,000 | 83,000 | 102,782 | 62,346 |
| Pre-Tax Profit | -340,000 | -116,000 | 231,000 | 1,151,000 | 163,000 | 626,000 | 766,000 | 633,000 | 721,000 | 577,000 | 436,000 | 87,000 | 65,000 | 395,425 | 521,994 |
| Tax | -181,000 | 33,000 | -19,000 | -24,000 | 7,000 | 38,000 | -9,000 | -607,000 | 6,000 | 5,000 | 26,000 | 17,000 | |||
| Profit After Tax | -340,000 | -297,000 | 264,000 | 1,132,000 | 139,000 | 633,000 | 804,000 | 624,000 | 114,000 | 583,000 | 441,000 | 113,000 | 82,000 | 395,425 | 521,994 |
| Dividends Paid | 264,000 | 551,000 | 3,872,000 | ||||||||||||
| Retained Profit | -340,000 | -561,000 | -287,000 | -2,740,000 | 139,000 | 633,000 | 804,000 | 624,000 | 114,000 | 583,000 | 441,000 | 113,000 | 82,000 | 395,425 | 521,994 |
| Employee Costs | 3,621,000 | 3,235,000 | 3,023,000 | 3,166,000 | 2,807,000 | 2,265,000 | 2,194,000 | 2,090,000 | 1,968,000 | 2,030,000 | 2,061,000 | 2,132,000 | 1,677,000 | 2,291,205 | 2,524,977 |
| Number Of Employees | 124 | 121 | 128 | 150 | 140 | 135 | 124 | 120 | 110 | 106 | 101 | 106 | 121 | 126 | 141 |
| EBITDA* | 542,000 | 716,000 | 1,085,000 | 1,839,000 | 870,000 | 1,428,000 | 564,000 | 419,000 | 594,000 | 520,000 | 179,000 | 184,000 | 54,000 | 369,246 | 539,428 |
* 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 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,130,000 | 2,976,000 | 6,385,000 | 6,814,000 | 6,859,000 | 7,531,000 | 488,000 | 540,000 | 592,000 | 690,000 | 723,000 | 773,000 | 323,000 | 317,035 | 219,111 |
| Intangible Assets | 2,539,000 | 3,091,000 | |||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 6,510,000 | 68,603,000 | 60,362,000 | 51,829,000 | 44,129,000 | 36,292,000 | 31,210,000 | 25,136,000 | 19,541,000 | 14,983,000 | 10,225,000 | 6,245,000 | |||
| Total Fixed Assets | 12,179,000 | 74,670,000 | 66,747,000 | 58,643,000 | 50,988,000 | 43,823,000 | 31,698,000 | 25,676,000 | 20,133,000 | 15,673,000 | 10,948,000 | 7,018,000 | 323,000 | 317,035 | 219,111 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 172,000 | 155,000 | 122,000 | 170,000 | 271,000 | 302,000 | 128,000 | 147,000 | 136,000 | 377,000 | 289,000 | ||||
| Group Debtors | 3,380,000 | 3,314,667 | 3,017,301 | ||||||||||||
| Misc Debtors | 47,000 | 21,000 | 289,000 | 158,000 | 131,000 | 125,000 | 122,000 | 255,000 | 177,000 | 702,000 | 61,000 | 47,000 | 17,000 | ||
| Cash | 1,000 | 2,000 | 2,000 | 2,000 | 1,000 | 2,000 | 2,000 | 3,000 | 10,000 | 13,000 | 10,000 | 15,895 | 15,760 | ||
| misc current assets | |||||||||||||||
| total current assets | 220,000 | 176,000 | 411,000 | 330,000 | 404,000 | 429,000 | 251,000 | 404,000 | 315,000 | 1,082,000 | 360,000 | 60,000 | 3,407,000 | 3,330,562 | 3,033,061 |
| total assets | 12,399,000 | 74,846,000 | 67,158,000 | 58,973,000 | 51,392,000 | 44,252,000 | 31,949,000 | 26,080,000 | 20,448,000 | 16,755,000 | 11,308,000 | 7,078,000 | 3,730,000 | 3,647,597 | 3,252,172 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 5,000 | 7,000 | 27,000 | 2,000 | 20,000 | 30,000 | 7,000 | 9,000 | |||||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 921,000 | 910,000 | 813,000 | 527,000 | 774,000 | 714,000 | |||||||||
| other current liabilities | 430,000 | 383,000 | 436,000 | 334,000 | 317,000 | 186,000 | 312,000 | 276,000 | 252,000 | 263,000 | 199,000 | 441,000 | |||
| total current liabilities | 1,351,000 | 1,293,000 | 1,249,000 | 861,000 | 1,096,000 | 907,000 | 339,000 | 278,000 | 272,000 | 293,000 | 206,000 | 450,000 | |||
| loans | 6,677,000 | 68,018,000 | 59,071,000 | 50,304,000 | 36,898,000 | 29,485,000 | 24,864,000 | 19,607,000 | 14,568,000 | 10,884,000 | 6,664,000 | 2,630,000 | |||
| hp & lease commitments | 3,239,000 | 4,111,000 | 4,883,000 | 5,626,000 | 8,435,000 | 9,243,000 | |||||||||
| Accruals and Deferred Income | 2,788,000 | 2,931,000 | 3,044,000 | 3,128,000 | |||||||||||
| other liabilities | |||||||||||||||
| provisions | 455,000 | 407,000 | 377,000 | 317,000 | 358,000 | 151,000 | 125,000 | 235,000 | 159,000 | 159,000 | 154,000 | 155,000 | |||
| total long term liabilities | 10,371,000 | 72,536,000 | 64,331,000 | 56,247,000 | 45,691,000 | 38,879,000 | 27,777,000 | 22,773,000 | 17,771,000 | 14,171,000 | 6,818,000 | 2,785,000 | |||
| total liabilities | 11,722,000 | 73,829,000 | 65,580,000 | 57,108,000 | 46,787,000 | 39,786,000 | 28,116,000 | 23,051,000 | 18,043,000 | 14,464,000 | 7,024,000 | 3,235,000 | |||
| net assets | 677,000 | 1,017,000 | 1,578,000 | 1,865,000 | 4,605,000 | 4,466,000 | 3,833,000 | 3,029,000 | 2,405,000 | 2,291,000 | 4,284,000 | 3,843,000 | 3,730,000 | 3,647,597 | 3,252,172 |
| total shareholders funds | 677,000 | 1,017,000 | 1,578,000 | 1,865,000 | 4,605,000 | 4,466,000 | 3,833,000 | 3,029,000 | 2,405,000 | 2,291,000 | 4,284,000 | 3,843,000 | 3,730,000 | 3,647,597 | 3,252,172 |
| 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 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -266,000 | -34,000 | 321,000 | 953,000 | -15,000 | 550,000 | 383,000 | 239,000 | 407,000 | 338,000 | 11,000 | 63,000 | -18,000 | 293,661 | 462,081 |
| Depreciation | 808,000 | 750,000 | 764,000 | 886,000 | 885,000 | 878,000 | 181,000 | 180,000 | 187,000 | 182,000 | 168,000 | 121,000 | 72,000 | 75,585 | 77,347 |
| Amortisation | |||||||||||||||
| Tax | -181,000 | 33,000 | -19,000 | -24,000 | 7,000 | 38,000 | -9,000 | -607,000 | 6,000 | 5,000 | 26,000 | 17,000 | |||
| Stock | |||||||||||||||
| Debtors | -62,050,000 | 8,006,000 | 8,616,000 | 7,626,000 | 7,812,000 | 5,259,000 | 5,922,000 | 5,684,000 | 3,792,000 | 5,487,000 | 4,283,000 | 2,895,000 | 82,333 | 297,366 | 3,017,301 |
| Creditors | -5,000 | -2,000 | -20,000 | 25,000 | -18,000 | -10,000 | 23,000 | -2,000 | 9,000 | ||||||
| Accruals and Deferred Income | 47,000 | -53,000 | 102,000 | 17,000 | 131,000 | -2,914,000 | -107,000 | -89,000 | -95,000 | 3,192,000 | -242,000 | 441,000 | |||
| Deferred Taxes & Provisions | 48,000 | 30,000 | 60,000 | -41,000 | 207,000 | 26,000 | -110,000 | 76,000 | 5,000 | -1,000 | 155,000 | ||||
| Cash flow from operations | 62,687,000 | -7,494,000 | -7,336,000 | -5,835,000 | -6,630,000 | -6,732,000 | -5,512,000 | -5,305,000 | -3,910,000 | -1,741,000 | -4,344,000 | -2,080,000 | -11,333 | 71,880 | -2,477,873 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -61,341,000 | 8,947,000 | 8,767,000 | 13,406,000 | 7,413,000 | 4,621,000 | 5,257,000 | 5,039,000 | 3,684,000 | 4,220,000 | 4,034,000 | 2,630,000 | |||
| Hire Purchase and Lease Commitments | -861,000 | -675,000 | -457,000 | -3,056,000 | -748,000 | 9,957,000 | |||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -74,000 | -82,000 | -90,000 | 198,000 | 178,000 | 76,000 | 383,000 | 394,000 | 314,000 | 239,000 | 425,000 | 24,000 | 83,000 | 101,764 | 59,913 |
| cash flow from financing | -62,276,000 | 8,190,000 | 8,220,000 | 10,548,000 | 6,843,000 | 14,654,000 | 5,640,000 | 5,433,000 | 3,998,000 | 1,883,000 | 4,459,000 | 2,654,000 | 83,403 | 101,764 | 2,790,091 |
| cash and cash equivalents | |||||||||||||||
| cash | 1,000 | -2,000 | 1,000 | -1,000 | -1,000 | -7,000 | -3,000 | 3,000 | -5,895 | 135 | 15,760 | ||||
| overdraft | |||||||||||||||
| change in cash | 1,000 | -2,000 | 1,000 | -1,000 | -1,000 | -7,000 | -3,000 | 3,000 | -5,895 | 135 | 15,760 |
solor care south east ltd Credit Report and Business Information
Solor Care South East Ltd Competitor Analysis
Perform a competitor analysis for solor care south east ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in WS14 area or any other competitors across 12 key performance metrics.
solor care south east ltd Ownership
SOLOR CARE SOUTH EAST LTD group structure
Solor Care South East Ltd has no subsidiary companies.
Ultimate parent company
VC HEALTHCARE TOPCO LTD
#0137578
2 parents
SOLOR CARE SOUTH EAST LTD
02507430
solor care south east ltd directors
Solor Care South East Ltd currently has 4 directors. The longest serving directors include Mr Kit Doleman (Jan 2009) and Mr Walker McFadden (Nov 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kit Doleman | United Kingdom | 60 years | Jan 2009 | - | Director |
| Mr Walker McFadden | England | 39 years | Nov 2023 | - | Director |
| Mr Peter Haspel | England | 54 years | May 2024 | - | Director |
| Mr Michael McKessar | England | 46 years | Jul 2024 | - | Director |
P&L
March 2024turnover
4.9m
+4%
operating profit
-266k
+682%
gross margin
29.6%
+0.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
677k
-0.33%
total assets
12.4m
-0.83%
cash
1k
0%
net assets
Total assets minus all liabilities
solor care south east ltd company details
company number
02507430
Type
Private limited with Share Capital
industry
87300 - Residential care activities for the elderly and disabled
incorporation date
May 1990
age
35
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
March 2024
previous names
robinia care south east limited (February 2010)
mencare (westbury) limited (May 2002)
accountant
-
auditor
-
address
voyage care wall island, birmingham road, lichfield, staffordshire, WS14 0QP
Bank
-
Legal Advisor
-
solor care south east ltd 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 14 charges/mortgages relating to solor care south east ltd. Currently there are 7 open charges and 7 have been satisfied in the past.
solor care south east ltd 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 SOLOR CARE SOUTH EAST LTD. This can take several minutes, an email will notify you when this has completed.
solor care south east ltd Companies House Filings - See Documents
| date | description | view/download |
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