Cumbria Nursing Services (millfield) Limited

POWER SEARCH PRICING

SOLUTIONS

cumbria nursing services (millfield) limited Company Information

Company Number

03315036

Next Accounts

Dec 2025

Directors

Nicolas Daswani

Jean Poole

View All

Shareholders

living developments ltd

Group Structure

View All

Industry

Residential nursing care activities

Registered Address

lynton house 23 mapesbury road, london, NW2 4HS

Website

livingdevelopments.com

cumbria nursing services (millfield) limited Estimated Valuation

£3.2m

Pomanda estimates the enterprise value of CUMBRIA NURSING SERVICES (MILLFIELD) LIMITED at £3.2m based on Net Assets of £1.2m and 2.75x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Cumbria Nursing Services (millfield) Limited is a live company located in london, NW2 4HS with a Companies House number of 03315036. It operates in the residential nursing care facilities sector, SIC Code 87100. Founded in February 1997, it's largest shareholder is living developments ltd with a 100% stake. Cumbria Nursing Services (millfield) Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.5m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Cumbria Nursing Services (Millfield) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

2 Strong

2 Regular

6 Weak

Size

annual sales of £1.5m, make it smaller than the average company (£4.9m)

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (7.4%)

EXPORT

Cumbria Nursing Services (Millfield) Limited's latest turnover from March 2024 is estimated at £1.5 million and the company has net assets of £1.2 million. According to their latest financial statements, Cumbria Nursing Services (Millfield) Limited has 45 employees and maintains cash reserves of £191.9 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	1,516,127	1,434,739	1,267,716	1,306,205	1,978,022	1,410,130	1,636,194	1,227,754	2,243,244	1,562,203	2,507,331	1,579,274	904,661	780,346	913,496
Other Income Or Grants
Cost Of Sales	967,109	927,687	829,363	851,733	1,290,011	919,244	1,044,947	783,689	1,427,738	986,904	1,563,493	969,399	554,345	477,862	556,926
Gross Profit	549,018	507,052	438,353	454,473	688,011	490,886	591,246	444,065	815,505	575,299	943,838	609,876	350,316	302,484	356,570
Admin Expenses	870,977	723,955	352,597	194,215	689,248	483,185	993,865	459,868	383,876	204,180	674,580	307,891	133,168	113,852	-249,897
Operating Profit	-321,959	-216,903	85,756	260,258	-1,237	7,701	-402,619	-15,803	431,629	371,119	269,258	301,985	217,148	188,632	606,467
Interest Payable		12,172	8,096	73
Interest Receivable	5,906	9,579	5,070	794	496	2,145	2,156	1,323	1,890	1,323	1,382	2,064	1,956	1,208	438
Pre-Tax Profit	-316,053	-219,496	82,730	260,979	-741	9,846	-400,463	-14,480	433,519	372,442	270,640	304,049	219,104	189,840	606,906
Tax			-15,719	-49,586		-1,871			-86,704	-78,213	-62,247	-72,972	-56,967	-53,155	-169,934
Profit After Tax	-316,053	-219,496	67,011	211,393	-741	7,975	-400,463	-14,480	346,815	294,229	208,393	231,077	162,137	136,685	436,972
Dividends Paid
Retained Profit	-316,053	-219,496	67,011	211,393	-741	7,975	-400,463	-14,480	346,815	294,229	208,393	231,077	162,137	136,685	436,972
Employee Costs	1,088,058	1,024,317	925,474	955,380	878,808	788,159	768,782	647,098	570,105	867,924	1,413,145	912,019	516,781	448,497	525,737
Number Of Employees	45	46	45	48	46	44	45	40	37	59	97	63	36	31	36
EBITDA*	-277,902	-171,547	128,882	300,058	40,103	48,304	-398,047	34,803	482,151	417,151	308,248	339,999	248,229	218,965	635,999

* 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	1,146,622	1,183,709	1,210,057	1,233,138	1,272,740	1,309,172	1,334,619	1,375,191	1,418,297	1,427,145	976,338	856,086	689,911	504,799	517,577
Intangible Assets									7,500	15,000	22,500	30,000	37,500	45,000	52,500
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets	1,146,622	1,183,709	1,210,057	1,233,138	1,272,740	1,309,172	1,334,619	1,375,191	1,425,797	1,442,145	998,838	886,086	727,411	549,799	570,077
Stock & work in progress
Trade Debtors					22,588	29,727	79,774	38,275	204,329	14,754	117,445	53,959	19,140	19,001	17,012
Group Debtors	242,700	628,934	595,175	2,056
Misc Debtors	6,052	492	12,557	9,508
Cash	191,889	33,100	417,678	934,381	653,122	339,759	232,267	629,971	428,229	327,603	201,623	351,336	474,328	307,898	175,259
misc current assets
total current assets	440,641	662,526	1,025,410	945,945	675,710	369,486	312,041	668,246	632,558	342,357	319,068	405,295	493,468	326,899	192,271
total assets	1,587,263	1,846,235	2,235,467	2,179,083	1,948,450	1,678,658	1,646,660	2,043,437	2,058,355	1,784,502	1,317,906	1,291,381	1,220,879	876,698	762,348
Bank overdraft			14,790	2,387
Bank loan
Trade Creditors	18,089	15,092	18,086	20,691	498,251	234,318	210,195	197,009	190,047	267,009	121,642	138,505	123,251	97,973	133,274
Group/Directors Accounts	81,814			1,162
other short term finances
hp & lease commitments
other current liabilities	283,247	299,707	251,518	247,438
total current liabilities	383,150	314,799	284,394	271,678	498,251	234,318	210,195	197,009	190,047	267,009	121,642	138,505	123,251	97,973	133,274
loans			222,710
hp & lease commitments
Accruals and Deferred Income
other liabilities				247,613								164,255	347,834	204,068	191,102
provisions	51,659	62,929	40,360	38,800	40,600	34,000	34,100	43,600	51,000	47,000	20,000	20,750	13,000
total long term liabilities	51,659	62,929	263,070	286,413	40,600	34,000	34,100	43,600	51,000	47,000	20,000	185,005	360,834	204,068	191,102
total liabilities	434,809	377,728	547,464	558,091	538,851	268,318	244,295	240,609	241,047	314,009	141,642	323,510	484,085	302,041	324,376
net assets	1,152,454	1,468,507	1,688,003	1,620,992	1,409,599	1,410,340	1,402,365	1,802,828	1,817,308	1,470,493	1,176,264	967,871	736,794	574,657	437,972
total shareholders funds	1,152,454	1,468,507	1,688,003	1,620,992	1,409,599	1,410,340	1,402,365	1,802,828	1,817,308	1,470,493	1,176,264	967,871	736,794	574,657	437,972

	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	-321,959	-216,903	85,756	260,258	-1,237	7,701	-402,619	-15,803	431,629	371,119	269,258	301,985	217,148	188,632	606,467
Depreciation	44,057	45,356	43,126	39,800	41,340	40,603	4,572	43,106	43,022	38,532	31,490	30,514	23,581	22,833	22,032
Amortisation								7,500	7,500	7,500	7,500	7,500	7,500	7,500	7,500
Tax			-15,719	-49,586		-1,871			-86,704	-78,213	-62,247	-72,972	-56,967	-53,155	-169,934
Stock
Debtors	-380,674	21,694	596,168	-11,024	-7,139	-50,047	41,499	-166,054	189,575	-102,691	63,486	34,819	139	1,989	17,012
Creditors	2,997	-2,994	-2,605	-477,560	263,933	24,123	13,186	6,962	-76,962	145,367	-16,863	15,254	25,278	-35,301	133,274
Accruals and Deferred Income	-16,460	48,189	4,080	247,438
Deferred Taxes & Provisions	-11,270	22,569	1,560	-1,800	6,600	-100	-9,500	-7,400	4,000	27,000	-750	7,750	13,000
Cash flow from operations	78,039	-125,477	-479,970	29,574	317,775	120,503	-435,860	200,419	132,910	613,996	164,902	255,212	229,401	128,520	582,327
Investing Activities
capital expenditure	-6,970	-19,008	-20,045	-198	-4,908	-15,156	36,000		-34,174	-489,339	-151,742	-196,689	-208,693	-10,055	-599,609
Change in Investments
cash flow from investments	-6,970	-19,008	-20,045	-198	-4,908	-15,156	36,000		-34,174	-489,339	-151,742	-196,689	-208,693	-10,055	-599,609
Financing Activities
Bank loans
Group/Directors Accounts	81,814		-1,162	1,162
Other Short Term Loans
Long term loans		-222,710	222,710
Hire Purchase and Lease Commitments
other long term liabilities			-247,613	247,613							-164,255	-183,579	143,766	12,966	191,102
share issue															1,000
interest	5,906	-2,593	-3,026	721	496	2,145	2,156	1,323	1,890	1,323	1,382	2,064	1,956	1,208	438
cash flow from financing	87,720	-225,303	-29,091	249,496	496	2,145	2,156	1,323	1,890	1,323	-162,873	-181,515	145,722	14,174	192,540
cash and cash equivalents
cash	158,789	-384,578	-516,703	281,259	313,363	107,492	-397,704	201,742	100,626	125,980	-149,713	-122,992	166,430	132,639	175,259
overdraft		-14,790	12,403	2,387
change in cash	158,789	-369,788	-529,106	278,872	313,363	107,492	-397,704	201,742	100,626	125,980	-149,713	-122,992	166,430	132,639	175,259

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for cumbria nursing services (millfield) limited. Get real-time insights into cumbria nursing services (millfield) limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for cumbria nursing services (millfield) limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in NW2 area or any other competitors across 12 key performance metrics.

CUMBRIA NURSING SERVICES (MILLFIELD) LIMITED group structure

Cumbria Nursing Services (Millfield) Limited has no subsidiary companies.

Ultimate parent company

LIVING DEVELOPMENTS LIMITED

04307400

1 parent

CUMBRIA NURSING SERVICES (MILLFIELD) LIMITED

03315036

CUMBRIA NURSING SERVICES (MILLFIELD) LIMITED Shareholders

living developments ltd

100%

Cumbria Nursing Services (Millfield) Limited currently has 3 directors. The longest serving directors include Mr Nicolas Daswani (May 2024) and Ms Jean Poole (May 2024).

officer	country	age	start	end	role
Mr Nicolas Daswani		45 years	May 2024	-	Director
Ms Jean Poole		66 years	May 2024	-	Director
Mrs Kate Evans	England	33 years	May 2024	-	Director

P&L

March 2024

turnover

1.5m

+6%

operating profit

-322k

gross margin

36.3%

+2.46%

turnover

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

Balance Sheet

March 2024

net assets

1.2m

-0.22%

total assets

1.6m

-0.14%

cash

191.9k

+4.8%

net assets

Total assets minus all liabilities

Similar Companies

waypoints (verwood) limited

bonneycourt limited

4.5

hassingham limited

care concern fife ltd

mayfield care limited

company number

03315036

Type

Private limited with Share Capital

industry

87100 - Residential nursing care activities

incorporation date

February 1997

ultimate parent company

LIVING DEVELOPMENTS LIMITED

previous names

N/A

address

lynton house 23 mapesbury road, london, NW2 4HS

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 4 charges/mortgages relating to cumbria nursing services (millfield) limited. Currently there are 3 open charges and 1 have been satisfied in the past.

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 CUMBRIA NURSING SERVICES (MILLFIELD) LIMITED. This can take several minutes, an email will notify you when this has completed.

cumbria nursing services (millfield) limited Company Information

cumbria nursing services (millfield) limited Estimated Valuation

cumbria nursing services (millfield) limited Estimated Valuation

cumbria nursing services (millfield) limited Estimated Valuation

Cumbria Nursing Services (millfield) Limited Overview

Cumbria Nursing Services (millfield) Limited Health Check

CUMBRIA NURSING SERVICES (MILLFIELD) LIMITED financials

cumbria nursing services (millfield) limited Credit Report and Business Information

Cumbria Nursing Services (millfield) Limited Competitor Analysis

cumbria nursing services (millfield) limited Ownership

cumbria nursing services (millfield) limited directors

cumbria nursing services (millfield) limited company details

cumbria nursing services (millfield) limited Charges & Mortgages

cumbria nursing services (millfield) limited Capital Raised & Share Issues BETA

cumbria nursing services (millfield) limited Companies House Filings - See Documents