horder healthcare
horder healthcare Company Information
Group Structure
View All
Industry
Hospital activities
Registered Address
st johns road, crowborough, east sussex, TN6 1XP
Website
www.horderhealthcare.co.ukhorder healthcare Estimated Valuation
Pomanda estimates the enterprise value of HORDER HEALTHCARE at £42.2m based on a Turnover of £39.6m and 1.07x industry multiple (adjusted for size and gross margin).
horder healthcare Estimated Valuation
Pomanda estimates the enterprise value of HORDER HEALTHCARE at £3.1m based on an EBITDA of £417.3k and a 7.38x industry multiple (adjusted for size and gross margin).
horder healthcare Estimated Valuation
Pomanda estimates the enterprise value of HORDER HEALTHCARE at £154.2m based on Net Assets of £61m and 2.53x industry multiple (adjusted for liquidity).
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Horder Healthcare Overview
Horder Healthcare is a live company located in east sussex, TN6 1XP with a Companies House number of 03052242. It operates in the hospital activities sector, SIC Code 86101. Founded in April 1995, it's largest shareholder is unknown. Horder Healthcare is a mature, large sized company, Pomanda has estimated its turnover at £39.6m with healthy growth in recent years.
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Horder Healthcare Health Check
Pomanda's financial health check has awarded Horder Healthcare a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
2 Weak
Size
annual sales of £39.6m, make it larger than the average company (£4m)
£39.6m - Horder Healthcare
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (7.4%)
11% - Horder Healthcare
7.4% - Industry AVG
Production
with a gross margin of 35.4%, this company has a comparable cost of product (35.4%)
35.4% - Horder Healthcare
35.4% - Industry AVG
Profitability
an operating margin of -3.3% make it less profitable than the average company (9.7%)
-3.3% - Horder Healthcare
9.7% - Industry AVG
Employees
with 428 employees, this is above the industry average (50)
428 - Horder Healthcare
50 - Industry AVG
Pay Structure
on an average salary of £38.6k, the company has an equivalent pay structure (£32.5k)
£38.6k - Horder Healthcare
£32.5k - Industry AVG
Efficiency
resulting in sales per employee of £92.5k, this is more efficient (£75.8k)
£92.5k - Horder Healthcare
£75.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Horder Healthcare
- - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (33 days)
17 days - Horder Healthcare
33 days - Industry AVG
Stock Days
it holds stock equivalent to 11 days, this is in line with average (11 days)
11 days - Horder Healthcare
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 77 weeks, this is more cash available to meet short term requirements (30 weeks)
77 weeks - Horder Healthcare
30 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8.3%, this is a lower level of debt than the average (50.8%)
8.3% - Horder Healthcare
50.8% - Industry AVG
HORDER HEALTHCARE financials
Horder Healthcare's latest turnover from June 2023 is £39.6 million and the company has net assets of £61 million. According to their latest financial statements, Horder Healthcare has 428 employees and maintains cash reserves of £8.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 39,575,000 | 34,993,000 | 33,303,000 | 29,171,000 | 29,159,000 | 29,889,000 | 31,638,000 | 29,969,000 | 25,257,000 | 23,187,353 | 23,708,022 | 24,358,878 | 21,454,224 | 21,417,783 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 19,195 | 13,266 | ||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | -887,000 | -1,843,000 | 704,000 | 44,000 | -1,331,000 | -5,736,000 | 31,638,000 | 1,162,000 | 4,749,000 | 5,021,666 | 5,580,381 | 5,814,651 | 4,727,170 | 5,018,811 |
| Tax | ||||||||||||||
| Profit After Tax | -887,000 | -1,843,000 | 704,000 | 44,000 | -1,331,000 | -5,736,000 | 31,638,000 | 1,162,000 | 4,749,000 | 5,021,666 | 5,580,381 | 5,814,651 | 4,727,170 | 5,018,811 |
| Dividends Paid | ||||||||||||||
| Retained Profit | -887,000 | -1,843,000 | 704,000 | 44,000 | -1,331,000 | -5,736,000 | 31,638,000 | 1,162,000 | 4,749,000 | 5,021,666 | 5,580,381 | 5,814,651 | 4,727,170 | 5,018,811 |
| Employee Costs | 16,514,000 | 14,385,000 | 13,605,000 | 12,493,000 | 12,024,000 | 12,836,000 | 11,702,000 | 10,546,000 | 10,275,000 | 9,478,888 | 9,161,787 | 9,166,446 | 8,856,713 | 8,486,691 |
| Number Of Employees | 428 | 409 | 399 | 382 | 360 | 396 | 391 | 373 | 204 | 173 | 178 | 174 | 172 | 170 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 52,697,000 | 53,465,000 | 54,149,000 | 55,337,000 | 55,570,000 | 56,376,000 | 55,250,000 | 50,879,000 | 39,287,000 | 37,270,003 | 16,095,786 | 14,347,076 | 10,926,744 | 7,319,892 |
| Intangible Assets | 59,000 | 120,000 | 220,000 | 2,290,000 | 1,712,000 | |||||||||
| Investments & Other | 89,000 | 70,000 | 45,000 | 47,000 | 3,998,000 | 6,010,000 | 6,340,000 | 6,232,000 | 15,326,716 | 7,414,827 | 7,431,036 | 7,056,721 | 6,679,593 | |
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 52,786,000 | 53,535,000 | 54,194,000 | 55,443,000 | 55,690,000 | 60,594,000 | 63,550,000 | 58,931,000 | 45,519,000 | 52,596,719 | 23,510,613 | 21,778,112 | 17,983,465 | 13,999,485 |
| Stock & work in progress | 817,000 | 651,000 | 709,000 | 690,000 | 679,000 | 771,000 | 715,000 | 769,000 | 508,000 | 448,636 | 562,122 | 736,802 | 552,610 | 567,576 |
| Trade Debtors | 2,784,000 | 4,794,000 | 4,110,000 | 4,900,000 | 2,616,022 | 1,905,347 | 3,472,208 | 647,574 | 3,706,966 | |||||
| Group Debtors | 24,000 | 56,000 | 159,000 | 272,000 | 379,000 | |||||||||
| Misc Debtors | 4,596,000 | 3,977,000 | 5,402,000 | 2,922,000 | 3,606,000 | 1,875,000 | 1,207,000 | 1,168,000 | 3,104,000 | 1,134,632 | 964,612 | 728,904 | 959,578 | 1,204,292 |
| Cash | 8,279,000 | 9,271,000 | 9,247,000 | 8,346,000 | 7,360,000 | 3,213,000 | 3,056,000 | 9,891,000 | 22,758,000 | 9,045,288 | 4,679,335 | 2,876,167 | 6,023,251 | 2,542,098 |
| misc current assets | 1,111,000 | 1,102,000 | 1,096,000 | 1,091,000 | 1,085,000 | 3,065,641 | 12,545,396 | 9,355,154 | 6,160,213 | 4,000,000 | ||||
| total current assets | 13,692,000 | 13,899,000 | 15,358,000 | 11,958,000 | 12,780,000 | 9,801,000 | 11,027,000 | 17,301,000 | 32,734,000 | 16,310,219 | 20,656,812 | 17,169,235 | 14,343,226 | 12,020,932 |
| total assets | 66,478,000 | 67,434,000 | 69,552,000 | 67,401,000 | 68,470,000 | 70,395,000 | 74,577,000 | 76,232,000 | 78,253,000 | 68,906,938 | 44,167,425 | 38,947,347 | 32,326,691 | 26,020,417 |
| Bank overdraft | 187,000 | |||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 1,220,000 | 1,319,000 | 1,351,000 | 561,000 | 1,054,000 | 1,356,000 | 1,692,000 | 1,299,000 | 1,436,000 | 915,992 | 1,124,206 | 945,854 | 981,645 | 521,693 |
| Group/Directors Accounts | 250,000 | |||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 4,302,000 | 4,272,000 | 4,515,000 | 2,877,000 | 3,497,000 | 3,789,000 | 1,885,000 | 3,426,000 | 6,166,000 | 2,672,168 | 1,564,204 | 2,086,650 | 1,619,169 | 877,145 |
| total current liabilities | 5,522,000 | 5,591,000 | 5,866,000 | 3,438,000 | 4,551,000 | 5,145,000 | 3,577,000 | 4,912,000 | 7,852,000 | 3,588,160 | 2,688,410 | 3,032,504 | 2,600,814 | 1,398,838 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | ||||||||||||||
| total long term liabilities | ||||||||||||||
| total liabilities | 5,522,000 | 5,591,000 | 5,866,000 | 3,438,000 | 4,551,000 | 5,145,000 | 3,577,000 | 4,912,000 | 7,852,000 | 3,588,160 | 2,688,410 | 3,032,504 | 2,600,814 | 1,398,838 |
| net assets | 60,956,000 | 61,843,000 | 63,686,000 | 63,963,000 | 63,919,000 | 65,250,000 | 71,000,000 | 71,320,000 | 70,401,000 | 65,318,778 | 41,479,015 | 35,914,843 | 29,725,877 | 24,621,579 |
| total shareholders funds | 60,956,000 | 61,843,000 | 63,686,000 | 63,963,000 | 63,919,000 | 65,250,000 | 71,000,000 | 71,320,000 | 70,401,000 | 65,318,778 | 41,479,015 | 35,914,843 | 29,725,877 | 24,621,579 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 1,743,000 | 1,700,000 | 1,523,000 | 1,464,000 | 1,420,000 | 1,330,000 | 1,217,000 | 1,111,000 | 854,000 | 710,148 | 657,501 | 732,492 | 564,993 | 725,533 |
| Amortisation | 59,000 | 61,000 | 100,000 | 191,000 | 191,000 | 191,000 | ||||||||
| Tax | ||||||||||||||
| Stock | 166,000 | -58,000 | 19,000 | 11,000 | -92,000 | 56,000 | -54,000 | 261,000 | 59,364 | -113,486 | -174,680 | 184,192 | -14,966 | 567,576 |
| Debtors | 619,000 | -1,425,000 | 2,480,000 | -708,000 | -1,085,000 | -1,445,000 | 610,000 | -2,833,000 | 4,632,346 | 880,695 | -1,331,153 | 2,593,960 | -3,304,106 | 4,911,258 |
| Creditors | -99,000 | -32,000 | 790,000 | -493,000 | -302,000 | -336,000 | 393,000 | -137,000 | 520,008 | -208,214 | 178,352 | -35,791 | 459,952 | 521,693 |
| Accruals and Deferred Income | 30,000 | -243,000 | 1,638,000 | -620,000 | -292,000 | 1,904,000 | -1,541,000 | -2,740,000 | 3,493,832 | 1,107,964 | -522,446 | 467,481 | 742,024 | 877,145 |
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | -2,023,000 | -6,415,000 | -15,555,000 | 6,794,000 | -10,980,529 | -2,406,211 | -4,152,824 | -4,171,845 | -4,213,987 | |||||
| Change in Investments | 19,000 | 25,000 | -2,000 | 47,000 | -3,998,000 | -2,012,000 | -330,000 | 108,000 | -9,094,716 | 7,911,889 | -16,209 | 374,315 | 377,128 | 6,679,593 |
| cash flow from investments | -19,000 | -25,000 | 2,000 | -47,000 | 3,998,000 | -11,000 | -6,085,000 | -15,663,000 | 15,888,716 | -18,892,418 | -2,390,002 | -4,527,139 | -4,548,973 | -10,893,580 |
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -250,000 | 250,000 | ||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | -19,195 | -13,266 | ||||||||||||
| cash flow from financing | -981,000 | -14,000 | -31,958,000 | -493,000 | 583,222 | 18,798,902 | -29,475 | 374,315 | 377,128 | 19,602,768 | ||||
| cash and cash equivalents | ||||||||||||||
| cash | -992,000 | 24,000 | 901,000 | 986,000 | 4,147,000 | 157,000 | -6,835,000 | -12,867,000 | 13,712,712 | 4,365,953 | 1,803,168 | -3,147,084 | 3,481,153 | 2,542,098 |
| overdraft | -187,000 | 187,000 | ||||||||||||
| change in cash | -992,000 | 24,000 | 901,000 | 986,000 | 4,147,000 | 157,000 | -6,648,000 | -13,054,000 | 13,712,712 | 4,365,953 | 1,803,168 | -3,147,084 | 3,481,153 | 2,542,098 |
horder healthcare Credit Report and Business Information
Horder Healthcare Competitor Analysis
Perform a competitor analysis for horder healthcare by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other large companies, companies in TN6 area or any other competitors across 12 key performance metrics.
horder healthcare Ownership
HORDER HEALTHCARE group structure
Horder Healthcare has 2 subsidiary companies.
Ultimate parent company
HORDER HEALTHCARE
03052242
2 subsidiaries
horder healthcare directors
Horder Healthcare currently has 10 directors. The longest serving directors include Mr Richard Tyler (Mar 2017) and Dr David Yates (Jan 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Tyler | 61 years | Mar 2017 | - | Director | |
| Dr David Yates | 70 years | Jan 2018 | - | Director | |
| Mrs Amanda Parker | 63 years | Jan 2018 | - | Director | |
| Mrs Jennifer Grover | 38 years | Jun 2019 | - | Director | |
| Mr Richard McCarthy | 66 years | Jan 2022 | - | Director | |
| Mrs Diane Jones | 64 years | Sep 2022 | - | Director | |
| Mr Martin Colyer | England | 73 years | Sep 2022 | - | Director |
| Mr Jonathan Anscombe | 67 years | Sep 2022 | - | Director | |
| Mrs Susan Sjuve | 69 years | Mar 2023 | - | Director | |
| Mr Hugh Kelly | 61 years | Sep 2024 | - | Director |
P&L
June 2023turnover
39.6m
+13%
operating profit
-1.3m
0%
gross margin
35.4%
-6.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
61m
-0.01%
total assets
66.5m
-0.01%
cash
8.3m
-0.11%
net assets
Total assets minus all liabilities
horder healthcare company details
company number
03052242
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
86101 - Hospital activities
incorporation date
April 1995
age
30
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
June 2023
previous names
the horder centre (June 2012)
the horder centre for arthritis (August 2005)
accountant
-
auditor
BDO LLP
address
st johns road, crowborough, east sussex, TN6 1XP
Bank
BARCLAYS BANK PLC
Legal Advisor
CRIPPS
horder healthcare 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 3 charges/mortgages relating to horder healthcare. Currently there are 0 open charges and 3 have been satisfied in the past.
horder healthcare 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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horder healthcare Companies House Filings - See Documents
| date | description | view/download |
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