care assured limited Company Information
Group Structure
View All
Industry
Social work activities without accommodation for the elderly and disabled
Registered Address
c/o focus insolvency group, skull house lane, wigan, WN6 9DW
Website
www.careassuredltd.co.ukcare assured limited Estimated Valuation
Pomanda estimates the enterprise value of CARE ASSURED LIMITED at £517.1k based on a Turnover of £1.2m and 0.44x industry multiple (adjusted for size and gross margin).
care assured limited Estimated Valuation
Pomanda estimates the enterprise value of CARE ASSURED LIMITED at £0 based on an EBITDA of £-18.3k and a 4.56x industry multiple (adjusted for size and gross margin).
care assured limited Estimated Valuation
Pomanda estimates the enterprise value of CARE ASSURED LIMITED at £0 based on Net Assets of £-196k and 2.82x industry multiple (adjusted for liquidity).
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Care Assured Limited Overview
Care Assured Limited is a live company located in wigan, WN6 9DW with a Companies House number of 02850492. It operates in the social work activities without accommodation for the elderly and disabled sector, SIC Code 88100. Founded in September 1993, it's largest shareholder is neil tomlinson with a 100% stake. Care Assured Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.2m with declining growth in recent years.
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Care Assured Limited Health Check
Pomanda's financial health check has awarded Care Assured Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs


4 Strong

1 Regular

6 Weak

Size
annual sales of £1.2m, make it larger than the average company (£540.2k)
- Care Assured Limited
£540.2k - Industry AVG

Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (4%)
- Care Assured Limited
4% - Industry AVG

Production
with a gross margin of 20.8%, this company has a higher cost of product (33.3%)
- Care Assured Limited
33.3% - Industry AVG

Profitability
an operating margin of -1.6% make it less profitable than the average company (1.5%)
- Care Assured Limited
1.5% - Industry AVG

Employees
with 47 employees, this is above the industry average (18)
47 - Care Assured Limited
18 - Industry AVG

Pay Structure
on an average salary of £20.7k, the company has an equivalent pay structure (£20.7k)
- Care Assured Limited
£20.7k - Industry AVG

Efficiency
resulting in sales per employee of £24.7k, this is less efficient (£30.4k)
- Care Assured Limited
£30.4k - Industry AVG

Debtor Days
it gets paid by customers after 12 days, this is earlier than average (18 days)
- Care Assured Limited
18 days - Industry AVG

Creditor Days
its suppliers are paid after 104 days, this is slower than average (5 days)
- Care Assured Limited
5 days - Industry AVG

Stock Days
There is insufficient data available for this Key Performance Indicator!
- Care Assured Limited
- - Industry AVG

Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (235 weeks)
5 weeks - Care Assured Limited
235 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 391.1%, this is a higher level of debt than the average (12.3%)
391.1% - Care Assured Limited
12.3% - Industry AVG
CARE ASSURED LIMITED financials

Care Assured Limited's latest turnover from March 2024 is estimated at £1.2 million and the company has net assets of -£196 thousand. According to their latest financial statements, Care Assured Limited has 47 employees and maintains cash reserves of £28.5 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 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 47 | 51 | 51 | 52 | 54 | 54 | 58 | 67 | |||||||
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 | 6,578 | 6,482 | 10,737 | 13,732 | 18,315 | 29,768 | 46,372 | 55,116 | 74,796 | 1,948 | |||||
Intangible Assets | |||||||||||||||
Investments & Other | |||||||||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 6,578 | 6,482 | 10,737 | 13,732 | 18,315 | 29,768 | 46,372 | 55,116 | 74,796 | 1,948 | |||||
Stock & work in progress | |||||||||||||||
Trade Debtors | 38,899 | 99,623 | 95,146 | 359,452 | 350,920 | 64,540 | 60,970 | 64,832 | 74,896 | 294,229 | 269,004 | 247,026 | 207,338 | 167,435 | 177,057 |
Group Debtors | |||||||||||||||
Misc Debtors | 297,072 | 275,959 | 205,895 | ||||||||||||
Cash | 28,458 | 679 | 385 | 23,940 | 187 | 133 | 179 | 509 | 241 | 337 | 168 | 42 | 287 | 15,036 | 31,598 |
misc current assets | |||||||||||||||
total current assets | 67,357 | 100,302 | 95,531 | 383,392 | 351,107 | 371,654 | 358,221 | 341,300 | 281,032 | 294,566 | 269,172 | 247,068 | 207,625 | 182,471 | 208,655 |
total assets | 67,357 | 100,302 | 95,531 | 383,392 | 351,107 | 378,232 | 364,703 | 352,037 | 294,764 | 312,881 | 298,940 | 293,440 | 262,741 | 257,267 | 210,603 |
Bank overdraft | 42,081 | 27,948 | 18,011 | 10,816 | |||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 263,398 | 278,762 | 278,473 | 276,608 | 269,102 | 18,622 | 5,483 | 7,991 | 5,026 | 142,846 | 169,893 | 178,687 | 182,626 | 185,983 | 122,598 |
Group/Directors Accounts | 18,161 | 47,161 | 625 | 1,131 | |||||||||||
other short term finances | 14,308 | ||||||||||||||
hp & lease commitments | 4,020 | 5,884 | 8,000 | ||||||||||||
other current liabilities | 143,112 | 75,220 | 88,440 | ||||||||||||
total current liabilities | 263,398 | 278,762 | 278,473 | 276,608 | 269,102 | 229,326 | 198,724 | 154,267 | 112,907 | 142,846 | 169,893 | 178,687 | 182,626 | 185,983 | 123,729 |
loans | |||||||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | 8,099 | 9,226 | 22,313 | 27,396 | 41,380 | ||||||||||
provisions | 1,578 | 4,518 | |||||||||||||
total long term liabilities | 8,099 | 10,804 | 26,831 | 27,396 | 41,380 | ||||||||||
total liabilities | 263,398 | 278,762 | 278,473 | 276,608 | 269,102 | 229,326 | 198,724 | 154,267 | 112,907 | 150,945 | 180,697 | 205,518 | 210,022 | 227,363 | 123,729 |
net assets | -196,041 | -178,460 | -182,942 | 106,784 | 82,005 | 148,906 | 165,979 | 197,770 | 181,857 | 161,936 | 118,243 | 87,922 | 52,719 | 29,904 | 86,874 |
total shareholders funds | -196,041 | -178,460 | -182,942 | 106,784 | 82,005 | 148,906 | 165,979 | 197,770 | 181,857 | 161,936 | 118,243 | 87,922 | 52,719 | 29,904 | 86,874 |
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 | 2,828 | 4,904 | 4,255 | 4,675 | 4,583 | 15,131 | 23,732 | 21,470 | 20,640 | 9,519 | 406 | ||||
Amortisation | |||||||||||||||
Tax | |||||||||||||||
Stock | |||||||||||||||
Debtors | -60,724 | 4,477 | -264,306 | 8,532 | 286,380 | -293,502 | 17,251 | 60,000 | -13,438 | 25,225 | 21,978 | 39,688 | 39,903 | -9,622 | 177,057 |
Creditors | -15,364 | 289 | 1,865 | 7,506 | 250,480 | 13,139 | -2,508 | 2,965 | -137,820 | -27,047 | -8,794 | -3,939 | -3,357 | 63,385 | 122,598 |
Accruals and Deferred Income | -143,112 | 67,892 | -13,220 | 88,440 | |||||||||||
Deferred Taxes & Provisions | -1,578 | -2,940 | 4,518 | ||||||||||||
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | |||||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | -18,161 | -29,000 | 46,536 | 625 | -1,131 | 1,131 | |||||||||
Other Short Term Loans | -14,308 | 14,308 | |||||||||||||
Long term loans | |||||||||||||||
Hire Purchase and Lease Commitments | -4,020 | -1,864 | -2,116 | 8,000 | |||||||||||
other long term liabilities | -8,099 | -1,127 | -13,087 | -5,083 | -13,984 | 41,380 | |||||||||
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 27,779 | 294 | -23,555 | 23,753 | 54 | -46 | -330 | 268 | -96 | 169 | 126 | -245 | -14,749 | -16,562 | 31,598 |
overdraft | -42,081 | 14,133 | 9,937 | 7,195 | 10,816 | ||||||||||
change in cash | 27,779 | 294 | -23,555 | 23,753 | 42,135 | -14,179 | -10,267 | -6,927 | -10,912 | 169 | 126 | -245 | -14,749 | -16,562 | 31,598 |
care assured limited Credit Report and Business Information
Care Assured Limited Competitor Analysis

Perform a competitor analysis for care assured limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in WN6 area or any other competitors across 12 key performance metrics.
care assured limited Ownership
CARE ASSURED LIMITED group structure
Care Assured Limited has no subsidiary companies.
Ultimate parent company
CARE ASSURED LIMITED
02850492
care assured limited directors
Care Assured Limited currently has 1 director, Mr Neil Tomlinson serving since Aug 2019.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Neil Tomlinson | 55 years | Aug 2019 | - | Director |
P&L
March 2024turnover
1.2m
-11%
operating profit
-18.3k
0%
gross margin
20.8%
+5.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-196k
+0.1%
total assets
67.4k
-0.33%
cash
28.5k
+40.91%
net assets
Total assets minus all liabilities
care assured limited company details
company number
02850492
Type
Private limited with Share Capital
industry
88100 - Social work activities without accommodation for the elderly and disabled
incorporation date
September 1993
age
32
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
c/o focus insolvency group, skull house lane, wigan, WN6 9DW
Bank
-
Legal Advisor
-
care assured 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 1 charges/mortgages relating to care assured limited. Currently there are 0 open charges and 1 have been satisfied in the past.
care assured 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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care assured limited Companies House Filings - See Documents
date | description | view/download |
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