barchester healthcare limited

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barchester healthcare limited Company Information

Share BARCHESTER HEALTHCARE LIMITED

Company Number

02792285

Shareholders

barchester holdco (jersey) ltd

Group Structure

View All

Industry

Activities of head offices

 

Registered Address

3rd floor the aspect, finsbury square, london, EC2A 1AS

barchester healthcare limited Estimated Valuation

£748.3m

Pomanda estimates the enterprise value of BARCHESTER HEALTHCARE LIMITED at £748.3m based on a Turnover of £871m and 0.86x industry multiple (adjusted for size and gross margin).

barchester healthcare limited Estimated Valuation

£806.5m

Pomanda estimates the enterprise value of BARCHESTER HEALTHCARE LIMITED at £806.5m based on an EBITDA of £118.7m and a 6.8x industry multiple (adjusted for size and gross margin).

barchester healthcare limited Estimated Valuation

£497.7m

Pomanda estimates the enterprise value of BARCHESTER HEALTHCARE LIMITED at £497.7m based on Net Assets of £236.3m and 2.11x industry multiple (adjusted for liquidity).

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Barchester Healthcare Limited Overview

Barchester Healthcare Limited is a live company located in london, EC2A 1AS with a Companies House number of 02792285. It operates in the activities of head offices sector, SIC Code 70100. Founded in February 1993, it's largest shareholder is barchester holdco (jersey) ltd with a 100% stake. Barchester Healthcare Limited is a mature, mega sized company, Pomanda has estimated its turnover at £871m with healthy growth in recent years.

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Barchester Healthcare Limited Health Check

Pomanda's financial health check has awarded Barchester Healthcare Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

7 Strong

positive_score

0 Regular

positive_score

5 Weak

size

Size

annual sales of £871m, make it larger than the average company (£20.2m)

£871m - Barchester Healthcare Limited

£20.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (7.4%)

10% - Barchester Healthcare Limited

7.4% - Industry AVG

production

Production

with a gross margin of 18.1%, this company has a higher cost of product (33.7%)

18.1% - Barchester Healthcare Limited

33.7% - Industry AVG

profitability

Profitability

an operating margin of 8.7% make it more profitable than the average company (5.9%)

8.7% - Barchester Healthcare Limited

5.9% - Industry AVG

employees

Employees

with 16250 employees, this is above the industry average (110)

16250 - Barchester Healthcare Limited

110 - Industry AVG

paystructure

Pay Structure

on an average salary of £29k, the company has a lower pay structure (£49.9k)

£29k - Barchester Healthcare Limited

£49.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £53.6k, this is less efficient (£204.7k)

£53.6k - Barchester Healthcare Limited

£204.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 13 days, this is earlier than average (45 days)

13 days - Barchester Healthcare Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 7 days, this is quicker than average (42 days)

7 days - Barchester Healthcare Limited

42 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 4 days, this is less than average (48 days)

4 days - Barchester Healthcare Limited

48 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (15 weeks)

8 weeks - Barchester Healthcare Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 69.6%, this is a higher level of debt than the average (55.6%)

69.6% - Barchester Healthcare Limited

55.6% - Industry AVG

BARCHESTER HEALTHCARE LIMITED financials

EXPORTms excel logo

Barchester Healthcare Limited's latest turnover from December 2023 is £871 million and the company has net assets of £236.3 million. According to their latest financial statements, Barchester Healthcare Limited has 16,250 employees and maintains cash reserves of £31.1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover871,047,000766,761,000675,914,000663,395,000657,619,000621,268,000591,189,000563,937,000535,612,000523,400,000495,490,000463,161,000446,864,000432,724,000413,115,000
Other Income Or Grants
Cost Of Sales713,636,000648,457,000595,310,000575,100,000567,391,000538,020,000513,552,000501,824,000482,183,000469,194,000440,258,000397,524,000377,182,000356,834,000347,327,000
Gross Profit157,411,000118,304,00080,604,00088,295,00090,228,00083,248,00077,637,00062,113,00053,429,00054,206,00055,232,00065,637,00069,682,00075,890,00065,788,000
Admin Expenses81,789,00054,130,00048,713,00045,606,00049,184,00048,116,00053,573,00041,247,00035,323,00034,376,00032,062,00034,653,00027,132,00028,963,00029,386,000
Operating Profit75,622,00064,174,00031,891,00042,689,00041,044,00035,132,00024,064,00020,866,00018,106,00019,830,00023,170,00030,984,00042,550,00046,927,00036,402,000
Interest Payable37,498,00032,328,00027,822,00023,518,00019,259,00017,839,00017,204,00017,130,00015,153,00012,499,0002,496,0003,991,0004,956,0006,252,0009,513,000
Interest Receivable903,0001,00056,0003,00010,00028,00042,00095,000118,000136,000342,000
Pre-Tax Profit39,027,00031,847,0004,069,00019,171,00021,785,00017,349,0006,860,0003,739,0002,963,0007,359,00020,716,00027,087,00037,712,00040,811,00027,231,000
Tax-16,546,000-9,932,000-6,639,000-7,262,000-6,004,000-7,040,000-4,934,000-1,793,000-2,207,000-5,354,000-4,471,000-7,554,000-9,504,000-9,869,000-5,953,000
Profit After Tax22,481,00021,915,000-2,570,00011,909,00015,781,00010,309,0001,926,0001,946,000756,0002,005,00016,245,00019,533,00028,208,00030,942,00021,278,000
Dividends Paid9,141,0001,000,000
Retained Profit22,481,00021,915,000-2,570,00011,909,0006,640,00010,309,000926,0001,946,000756,0002,005,00016,245,00019,533,00028,208,00030,942,00021,278,000
Employee Costs470,681,000395,014,000389,969,000372,841,000341,718,000323,169,000303,467,000286,324,000270,312,000265,550,000249,991,000230,578,000215,441,000212,879,000208,607,000
Number Of Employees16,25014,94714,96215,42715,81315,75415,46215,71017,62318,68316,98716,24814,72814,50414,127
EBITDA*118,667,000105,211,00073,806,00082,708,00078,716,00069,484,00054,523,00048,159,00043,230,00043,479,00041,889,00048,733,00060,948,00062,197,00050,826,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets431,673,000386,626,000354,631,000320,558,000284,415,000258,220,000246,800,000244,149,000236,081,000205,043,00085,623,00087,734,00082,961,00078,969,00072,155,000
Intangible Assets4,669,00010,831,00016,992,00023,154,00029,316,00035,477,00041,639,00047,800,00053,962,00060,907,000130,693,000139,119,000147,499,000154,958,000163,338,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets436,342,000397,457,000371,623,000343,712,000313,731,000293,697,000288,439,000291,949,000290,043,000265,950,000216,316,000226,853,000230,460,000233,927,000235,493,000
Stock & work in progress8,665,0007,648,0006,894,0005,791,0005,117,0004,808,0003,487,0004,106,0005,514,0005,807,0006,429,0007,046,0007,053,0006,757,0004,945,000
Trade Debtors33,285,00039,179,00033,634,00030,011,00030,640,00032,348,00030,223,00025,952,00024,408,00023,790,0009,869,0007,888,00017,438,00017,323,00016,812,000
Group Debtors224,218,000178,817,000163,091,000134,485,00032,175,00026,565,00031,059,00037,171,00033,419,00032,846,00033,193,000179,595,000178,754,000178,796,000153,916,000
Misc Debtors43,719,00040,982,00038,647,00035,583,00031,230,00030,914,00028,140,00029,342,00029,193,00029,951,00032,322,00027,867,00023,584,00020,966,00018,892,000
Cash31,119,00024,256,00025,549,00017,106,00059,899,00027,858,00019,262,00012,267,00017,451,00011,037,00013,570,00010,193,00016,762,00025,467,00019,349,000
misc current assets
total current assets341,006,000290,882,000267,815,000222,976,000159,061,000122,493,000112,171,000108,838,000109,985,000103,431,00095,383,000232,589,000243,591,000249,309,000213,914,000
total assets777,348,000688,339,000639,438,000566,688,000472,792,000416,190,000400,610,000400,787,000400,028,000369,381,000311,699,000459,442,000474,051,000483,236,000449,407,000
Bank overdraft
Bank loan5,000,00015,000,00020,802,00012,916,00010,074,000
Trade Creditors 13,882,00014,924,00012,896,0008,388,00011,190,00011,362,00010,695,0007,389,0005,912,0005,045,0005,882,0005,235,000
Group/Directors Accounts50,356,00048,370,00052,812,00051,965,00035,319,00030,811,00039,381,00060,060,00062,717,00062,657,000
other short term finances5,063,0003,907,0001,711,0001,022,000762,000609,00014,433,000853,000295,000
hp & lease commitments3,108,0001,962,0008,359,0001,413,0001,371,0001,437,000909,000
other current liabilities114,392,000101,955,000108,915,00099,992,00085,164,00067,911,00065,659,00057,221,00050,173,00050,871,00097,289,000155,101,000161,814,000157,361,000130,452,000
total current liabilities183,693,000169,156,000177,731,000162,056,000133,635,000111,106,000116,497,000125,279,000133,235,000119,426,000116,530,000176,749,000183,987,000171,714,000141,730,000
loans237,268,000189,665,000168,395,000161,036,000160,929,000153,592,000137,169,00032,933,00013,688,00057,194,000136,022,000172,800,000
hp & lease commitments348,987,000312,610,000280,247,00015,000,0003,344,0002,685,0002,586,0002,560,000
Accruals and Deferred Income8,528,00011,107,00014,299,000
other liabilities
provisions8,326,0004,195,0001,933,000772,0001,555,0002,247,000575,0002,599,0003,139,0003,353,00013,602,00014,372,0002,228,0002,964,0003,456,000
total long term liabilities357,313,000316,805,000282,180,000238,040,000191,220,000170,642,000161,611,000163,528,000156,731,000140,522,00024,734,00017,530,00044,239,00094,100,000121,427,000
total liabilities541,006,000485,961,000459,911,000400,096,000324,855,000281,748,000278,108,000288,807,000289,966,000259,948,000141,264,000194,279,000228,226,000265,814,000263,157,000
net assets236,342,000202,378,000179,527,000166,592,000147,937,000134,442,000122,502,000111,980,000110,062,000109,433,000170,435,000265,163,000245,825,000217,422,000186,250,000
total shareholders funds236,342,000202,378,000179,527,000166,592,000147,937,000134,442,000122,502,000111,980,000110,062,000109,433,000170,435,000265,163,000245,825,000217,422,000186,250,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit75,622,00064,174,00031,891,00042,689,00041,044,00035,132,00024,064,00020,866,00018,106,00019,830,00023,170,00030,984,00042,550,00046,927,00036,402,000
Depreciation36,883,00034,875,00035,753,00033,857,00031,511,00028,190,00024,298,00021,131,00018,179,00017,441,00010,293,0009,369,00010,018,0006,890,0006,044,000
Amortisation6,162,0006,162,0006,162,0006,162,0006,161,0006,162,0006,161,0006,162,0006,945,0006,208,0008,426,0008,380,0008,380,0008,380,0008,380,000
Tax-16,546,000-9,932,000-6,639,000-7,262,000-6,004,000-7,040,000-4,934,000-1,793,000-2,207,000-5,354,000-4,471,000-7,554,000-9,504,000-9,869,000-5,953,000
Stock1,017,000754,0001,103,000674,000309,0001,321,000-619,000-1,408,000-293,000-622,000-617,000-7,000296,0001,812,0004,945,000
Debtors42,244,00023,606,00035,293,000106,034,0004,218,000405,000-3,043,0005,445,000433,00011,203,000-139,966,000-4,426,0002,691,00027,465,000189,620,000
Creditors-1,042,0002,028,0004,508,000-2,802,000-172,000667,0003,306,0001,477,000867,000-837,000647,0005,235,000
Accruals and Deferred Income12,437,000-6,960,0008,923,00014,828,00017,253,0002,252,0008,438,0007,048,000-698,000-46,418,000-57,812,000-15,241,0001,874,00023,717,000144,751,000
Deferred Taxes & Provisions4,131,0002,262,0001,161,000-783,000-692,0001,672,000-2,024,000-540,000-214,000-10,249,000-770,00012,144,000-736,000-492,0003,456,000
Cash flow from operations74,386,00068,249,00045,363,000-20,019,00084,574,00065,309,00062,971,00050,314,00040,838,000-29,960,000120,066,00047,750,00049,595,00046,276,000-1,485,000
Investing Activities
capital expenditure-34,218,000560,000398,000-8,182,000-14,142,000-14,931,000-13,704,000-249,917,000
Change in Investments
cash flow from investments-34,218,000560,000398,000-8,182,000-14,142,000-14,931,000-13,704,000-249,917,000
Financing Activities
Bank loans-5,000,000-10,000,000-5,802,0007,886,0002,842,00010,074,000
Group/Directors Accounts1,986,000-4,442,000847,00016,646,0004,508,000-8,570,000-20,679,000-2,657,00060,00062,657,000
Other Short Term Loans 1,156,0003,907,000-1,711,0001,711,000-1,022,000260,000153,000-13,824,00013,580,000853,000-295,000295,000
Long term loans-237,268,00047,603,00021,270,0007,359,000107,0007,337,00016,423,000104,236,00019,245,000-43,506,000-78,828,000-36,778,000172,800,000
Hire Purchase and Lease Commitments36,377,00029,255,000283,355,000-1,962,0001,962,000-23,359,00018,602,000701,00033,000554,0003,469,000
other long term liabilities
share issue11,483,000936,00015,505,0006,746,0006,855,0001,631,0009,596,000-28,000-127,000-63,007,000-110,973,000-195,000195,000230,000164,972,000
interest-36,595,000-32,327,000-27,822,000-23,518,000-19,259,000-17,783,000-17,204,000-17,127,000-15,143,000-12,471,000-2,454,000-3,896,000-4,838,000-6,116,000-9,171,000
cash flow from financing14,407,000-2,671,00032,906,00047,226,00014,314,000-17,103,000-28,027,000-26,299,00014,793,00063,909,000-85,580,000-52,698,000-75,552,000-39,563,000342,439,000
cash and cash equivalents
cash6,863,000-1,293,0008,443,000-42,793,00032,041,0008,596,0006,995,000-5,184,0006,414,000-2,533,0003,377,000-6,569,000-8,705,0006,118,00019,349,000
overdraft
change in cash6,863,000-1,293,0008,443,000-42,793,00032,041,0008,596,0006,995,000-5,184,0006,414,000-2,533,0003,377,000-6,569,000-8,705,0006,118,00019,349,000

barchester healthcare limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Barchester Healthcare Limited Competitor Analysis

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Perform a competitor analysis for barchester healthcare limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in EC2A area or any other competitors across 12 key performance metrics.

barchester healthcare limited Ownership

BARCHESTER HEALTHCARE LIMITED group structure

Barchester Healthcare Limited has 4 subsidiary companies.

Ultimate parent company

GROVE LTD

#0051603

BARCHESTER HOLDCO (JERSEY) LTD

#0055031

2 parents

BARCHESTER HEALTHCARE LIMITED

02792285

4 subsidiaries

BARCHESTER HEALTHCARE LIMITED Shareholders

barchester holdco (jersey) ltd 100%

barchester healthcare limited directors

Barchester Healthcare Limited currently has 8 directors. The longest serving directors include Professor John Hegarty (Sep 2011) and Mr Anthony Bourne (Dec 2011).

officercountryagestartendrole
Professor John HegartyUnited Kingdom75 years Sep 2011- Director
Mr Anthony BourneUnited Kingdom71 years Dec 2011- Director
Mr Keith BrowneIreland56 years Jan 2014- Director
Dr Dr HazlewoodUnited Kingdom59 years Apr 2014- Director
Mr Pete Calveley64 years Jun 2014- Director
Mr John ColemanUnited Kingdom72 years Mar 2015- Director
Mr Michael O'ReillyUnited Kingdom64 years Apr 2017- Director
Mrs Sally Cabrini60 years Sep 2024- Director

P&L

December 2023

turnover

871m

+14%

operating profit

75.6m

+18%

gross margin

18.1%

+17.13%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

236.3m

+0.17%

total assets

777.3m

+0.13%

cash

31.1m

+0.28%

net assets

Total assets minus all liabilities

barchester healthcare limited company details

company number

02792285

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

February 1993

age

32

incorporated

UK

ultimate parent company

GROVE LTD

accounts

Group

last accounts submitted

December 2023

previous names

barchester healthcare plc (August 2002)

planvigil public limited company (July 1995)

accountant

-

auditor

KPMG LLP

address

3rd floor the aspect, finsbury square, london, EC2A 1AS

Bank

THE ROYAL BANK OF SCOTLAND PLC

Legal Advisor

-

barchester healthcare limited 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 16 charges/mortgages relating to barchester healthcare limited. Currently there are 5 open charges and 11 have been satisfied in the past.

barchester healthcare limited 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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barchester healthcare limited Companies House Filings - See Documents

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