andover mind
andover mind Company Information
Company Number
02935549
Registered Address
7 bournemouth road, chandler's ford, eastleigh, hampshire, SO53 3DA
Industry
Other human health activities
Other personal service activities n.e.c.
Telephone
441264332297
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
-0%
andover mind Estimated Valuation
Pomanda estimates the enterprise value of ANDOVER MIND at £2m based on a Turnover of £3.1m and 0.64x industry multiple (adjusted for size and gross margin).
andover mind Estimated Valuation
Pomanda estimates the enterprise value of ANDOVER MIND at £1.5m based on an EBITDA of £310.2k and a 4.78x industry multiple (adjusted for size and gross margin).
andover mind Estimated Valuation
Pomanda estimates the enterprise value of ANDOVER MIND at £3m based on Net Assets of £1.4m and 2.21x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Andover Mind Overview
Andover Mind is a live company located in eastleigh, SO53 3DA with a Companies House number of 02935549. It operates in the other human health activities sector, SIC Code 86900. Founded in June 1994, it's largest shareholder is unknown. Andover Mind is a mature, small sized company, Pomanda has estimated its turnover at £3.1m with high growth in recent years.
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Andover Mind Health Check
Pomanda's financial health check has awarded Andover Mind a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
2 Weak
Size
annual sales of £3.1m, make it larger than the average company (£762.5k)
£3.1m - Andover Mind
£762.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (5.3%)
23% - Andover Mind
5.3% - Industry AVG
Production
with a gross margin of 38.6%, this company has a comparable cost of product (38.6%)
38.6% - Andover Mind
38.6% - Industry AVG
Profitability
an operating margin of 9.7% make it more profitable than the average company (6.3%)
9.7% - Andover Mind
6.3% - Industry AVG
Employees
with 115 employees, this is above the industry average (16)
115 - Andover Mind
16 - Industry AVG
Pay Structure
on an average salary of £18.7k, the company has a lower pay structure (£26.1k)
£18.7k - Andover Mind
£26.1k - Industry AVG
Efficiency
resulting in sales per employee of £26.6k, this is less efficient (£56.5k)
£26.6k - Andover Mind
£56.5k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is near the average (25 days)
24 days - Andover Mind
25 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (29 days)
5 days - Andover Mind
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Andover Mind
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 305 weeks, this is more cash available to meet short term requirements (100 weeks)
305 weeks - Andover Mind
100 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 13.4%, this is a lower level of debt than the average (30.9%)
13.4% - Andover Mind
30.9% - Industry AVG
ANDOVER MIND financials
Andover Mind's latest turnover from March 2023 is £3.1 million and the company has net assets of £1.4 million. According to their latest financial statements, Andover Mind has 115 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 3,061,410 | 2,461,933 | 2,239,729 | 1,661,580 | 1,216,212 | 1,121,018 | 963,811 | 1,036,084 | 958,866 | 935,919 | 628,014 | 509,905 | 481,541 | 467,823 |
| 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 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 281,866 | 261,003 | 348,731 | 90,428 | 89,215 | 110,529 | 5,504 | 29,589 | 13,084 | 11,728 | -32,067 | 34,649 | 20,269 | 3,549 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 281,866 | 261,003 | 348,731 | 90,428 | 89,215 | 110,529 | 5,504 | 29,589 | 13,084 | 11,728 | -32,067 | 34,649 | 20,269 | 3,549 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 281,866 | 261,003 | 348,731 | 90,428 | 89,215 | 110,529 | 5,504 | 29,589 | 13,084 | 11,728 | -32,067 | 34,649 | 20,269 | 3,549 |
| Employee Costs | 2,150,404 | 1,758,842 | 1,481,929 | 1,234,883 | 877,604 | 705,538 | 581,167 | 627,408 | 550,443 | 534,327 | 371,168 | 314,660 | 330,255 | 322,600 |
| Number Of Employees | 115 | 101 | 88 | 82 | 69 | 56 | 52 | 54 | 27 | 26 | 20 | 15 | 14 | 15 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 27,953 | 8,027 | 0 | 0 | 4,340 | 8,681 | 13,022 | 0 | 0 | 0 | 1,144 | 2,287 | 6,220 | 14,149 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 27,953 | 8,027 | 0 | 0 | 4,340 | 8,681 | 13,022 | 0 | 0 | 0 | 1,144 | 2,287 | 6,220 | 14,149 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 209,060 | 429,326 | 105,012 | 71,365 | 48,912 | 55,130 | 7,110 | 11,010 | 18,161 | 14,377 | 20,998 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 101,306 | 21,844 | 21,377 | 22,209 | 11,189 | 9,073 | 18,397 | 13,978 | 13,435 | 11,060 | 37,119 | 15,145 | 1,301 | 4,651 |
| Cash | 1,235,959 | 1,160,533 | 857,951 | 540,231 | 469,233 | 361,400 | 249,177 | 269,069 | 232,287 | 192,722 | 101,053 | 177,168 | 127,586 | 87,421 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,546,325 | 1,611,703 | 984,340 | 633,805 | 529,334 | 425,603 | 274,684 | 294,057 | 263,883 | 218,159 | 159,170 | 192,313 | 128,887 | 92,072 |
| total assets | 1,574,278 | 1,619,730 | 984,340 | 633,805 | 533,674 | 434,284 | 287,706 | 294,057 | 263,883 | 218,159 | 160,314 | 194,600 | 135,107 | 106,221 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 27,424 | 20,116 | 9,747 | 11,242 | 9,461 | 7,912 | 23,945 | 23,478 | 23,278 | 8,087 | 18,363 | 0 | 0 | 0 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 183,044 | 517,670 | 153,652 | 150,353 | 142,431 | 133,805 | 81,723 | 94,045 | 93,660 | 76,211 | 19,818 | 40,400 | 15,556 | 6,939 |
| total current liabilities | 210,468 | 537,786 | 163,399 | 161,595 | 151,892 | 141,717 | 105,668 | 117,523 | 116,938 | 84,298 | 38,181 | 40,400 | 15,556 | 6,939 |
| loans | 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 |
| Accruals and Deferred Income | 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 |
| provisions | 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 |
| total liabilities | 210,468 | 537,786 | 163,399 | 161,595 | 151,892 | 141,717 | 105,668 | 117,523 | 116,938 | 84,298 | 38,181 | 40,400 | 15,556 | 6,939 |
| net assets | 1,363,810 | 1,081,944 | 820,941 | 472,210 | 381,782 | 292,567 | 182,038 | 176,534 | 146,945 | 133,861 | 122,133 | 154,200 | 119,551 | 99,282 |
| total shareholders funds | 1,363,810 | 1,081,944 | 820,941 | 472,210 | 381,782 | 292,567 | 182,038 | 176,534 | 146,945 | 133,861 | 122,133 | 154,200 | 119,551 | 99,282 |
| 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 | 13,108 | 4,014 | 0 | 4,340 | 4,341 | 4,341 | 4,341 | 0 | 0 | 1,144 | 1,144 | 3,933 | 7,929 | 8,596 |
| Amortisation | 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 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -140,804 | 324,781 | 32,815 | 33,473 | -4,102 | 38,696 | 519 | -6,608 | 6,159 | -32,680 | 42,972 | 13,844 | -3,350 | 4,651 |
| Creditors | 7,308 | 10,369 | -1,495 | 1,781 | 1,549 | -16,033 | 467 | 200 | 15,191 | -10,276 | 18,363 | 0 | 0 | 0 |
| Accruals and Deferred Income | -334,626 | 364,018 | 3,299 | 7,922 | 8,626 | 52,082 | -12,322 | 385 | 17,449 | 56,393 | -20,582 | 24,844 | 8,617 | 6,939 |
| Deferred Taxes & Provisions | 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 | 0 | 0 | 0 | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Financing Activities | ||||||||||||||
| Bank loans | 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 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 95,733 |
| cash and cash equivalents | ||||||||||||||
| cash | 75,426 | 302,582 | 317,720 | 70,998 | 107,833 | 112,223 | -19,892 | 36,782 | 39,565 | 91,669 | -76,115 | 49,582 | 40,165 | 87,421 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 75,426 | 302,582 | 317,720 | 70,998 | 107,833 | 112,223 | -19,892 | 36,782 | 39,565 | 91,669 | -76,115 | 49,582 | 40,165 | 87,421 |
andover mind Credit Report and Business Information
Andover Mind Competitor Analysis
Perform a competitor analysis for andover mind by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in SO53 area or any other competitors across 12 key performance metrics.
andover mind Ownership
ANDOVER MIND group structure
Andover Mind has no subsidiary companies.
Ultimate parent company
ANDOVER MIND
02935549
andover mind directors
Andover Mind currently has 6 directors. The longest serving directors include Mrs Lara Pletcher (Jan 2022) and Mr Timothy Foy (Mar 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Lara Pletcher | 53 years | Jan 2022 | - | Director | |
| Mr Timothy Foy | United Kingdom | 63 years | Mar 2022 | - | Director |
| Dr James Brown | United Kingdom | 41 years | Mar 2022 | - | Director |
| Mr Robin Taylor | United Kingdom | 45 years | Mar 2022 | - | Director |
| Ms Judith Cole | England | 67 years | Apr 2023 | - | Director |
| Ms Leanne Parmenter | United Kingdom | 41 years | May 2024 | - | Director |
P&L
March 2023turnover
3.1m
+24%
operating profit
297.1k
0%
gross margin
38.6%
+2.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.4m
+0.26%
total assets
1.6m
-0.03%
cash
1.2m
+0.06%
net assets
Total assets minus all liabilities
Similar Companies
andover mind company details
company number
02935549
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
86900 - Other human health activities
96090 - Other personal service activities n.e.c.
incorporation date
June 1994
age
30
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
KNIGHT GOODHEAD LIMITED
address
7 bournemouth road, chandler's ford, eastleigh, hampshire, SO53 3DA
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
andover mind 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 andover mind.
andover mind Companies House Filings - See Documents
| date | description | view/download |
|---|
