care for veterans
care for veterans Company Information
Group Structure
View All
Industry
Residential nursing care activities
Registered Address
gifford house boundary road, worthing, west sussex, BN11 4LJ
care for veterans Estimated Valuation
Pomanda estimates the enterprise value of CARE FOR VETERANS at £3.8m based on a Turnover of £5m and 0.76x industry multiple (adjusted for size and gross margin).
care for veterans Estimated Valuation
Pomanda estimates the enterprise value of CARE FOR VETERANS at £747k based on an EBITDA of £116.2k and a 6.43x industry multiple (adjusted for size and gross margin).
care for veterans Estimated Valuation
Pomanda estimates the enterprise value of CARE FOR VETERANS at £21.3m based on Net Assets of £7.7m and 2.75x industry multiple (adjusted for liquidity).
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Care For Veterans Overview
Care For Veterans is a live company located in west sussex, BN11 4LJ with a Companies House number of 03646570. It operates in the residential nursing care facilities sector, SIC Code 87100. Founded in October 1998, it's largest shareholder is unknown. Care For Veterans is a mature, small sized company, Pomanda has estimated its turnover at £5m with declining growth in recent years.
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Care For Veterans Health Check
Pomanda's financial health check has awarded Care For Veterans a 3.5 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
2 Strong
4 Regular
6 Weak
Size
annual sales of £5m, make it in line with the average company (£4.6m)
£5m - Care For Veterans
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (6.6%)
-6% - Care For Veterans
6.6% - Industry AVG
Production
with a gross margin of 36.1%, this company has a comparable cost of product (36.1%)
36.1% - Care For Veterans
36.1% - Industry AVG
Profitability
an operating margin of -0.3% make it less profitable than the average company (14.1%)
-0.3% - Care For Veterans
14.1% - Industry AVG
Employees
with 116 employees, this is similar to the industry average (109)
116 - Care For Veterans
109 - Industry AVG
Pay Structure
on an average salary of £32.8k, the company has a higher pay structure (£23.9k)
£32.8k - Care For Veterans
£23.9k - Industry AVG
Efficiency
resulting in sales per employee of £42.8k, this is equally as efficient (£42.3k)
£42.8k - Care For Veterans
£42.3k - Industry AVG
Debtor Days
it gets paid by customers after 37 days, this is later than average (19 days)
37 days - Care For Veterans
19 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (18 days)
10 days - Care For Veterans
18 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is more than average (0 days)
1 days - Care For Veterans
0 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 45 weeks, this is more cash available to meet short term requirements (9 weeks)
45 weeks - Care For Veterans
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.5%, this is a lower level of debt than the average (57.1%)
4.5% - Care For Veterans
57.1% - Industry AVG
CARE FOR VETERANS financials
Care For Veterans's latest turnover from December 2023 is £5 million and the company has net assets of £7.7 million. According to their latest financial statements, Care For Veterans has 116 employees and maintains cash reserves of £319.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 4,960,645 | 4,848,531 | 4,263,943 | 6,015,597 | 4,648,969 | 4,496,713 | 5,111,614 | 4,786,078 | 4,177,149 | 4,339,661 | 4,514,355 | 3,847,346 | 4,062,085 | 4,387,411 | 3,589,031 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -3,114 | -328,619 | -718,418 | 979,936 | -650,635 | -614,169 | 12,830 | -139,160 | -658,900 | -471,830 | 18,301 | -587,816 | -190,344 | 363,418 | -403,184 |
| Tax | |||||||||||||||
| Profit After Tax | -3,114 | -328,619 | -718,418 | 979,936 | -650,635 | -614,169 | 12,830 | -139,160 | -658,900 | -471,830 | 18,301 | -587,816 | -190,344 | 363,418 | -403,184 |
| Dividends Paid | |||||||||||||||
| Retained Profit | -3,114 | -328,619 | -718,418 | 979,936 | -650,635 | -614,169 | 12,830 | -139,160 | -658,900 | -471,830 | 18,301 | -587,816 | -190,344 | 363,418 | -403,184 |
| Employee Costs | 3,800,803 | 3,550,105 | 3,436,452 | 3,586,176 | 3,705,558 | 3,657,675 | 3,635,061 | 3,583,556 | 3,489,440 | 3,455,967 | 3,306,269 | 3,244,468 | 3,107,209 | 2,919,713 | 2,911,017 |
| Number Of Employees | 116 | 121 | 123 | 133 | 147 | 138 | 138 | 134 | 134 | 128 | 127 | 124 | 118 | 117 | 122 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,206,607 | 3,195,199 | 3,665,916 | 4,078,770 | 4,393,520 | 4,754,775 | 5,136,604 | 5,034,434 | 5,326,026 | 5,673,577 | 5,575,323 | 5,862,821 | 6,228,619 | 5,986,914 | 6,131,109 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 3,910,581 | 4,238,397 | 4,565,035 | 4,092,263 | 3,534,374 | 3,934,257 | 4,451,314 | 3,799,256 | 3,772,323 | 4,366,860 | 4,498,980 | 4,204,851 | 4,206,633 | 4,771,656 | 4,302,861 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 7,117,188 | 7,433,596 | 8,230,951 | 8,171,033 | 7,927,894 | 8,689,032 | 9,587,918 | 8,833,690 | 9,098,349 | 10,040,437 | 10,074,303 | 10,067,672 | 10,435,252 | 10,758,570 | 10,433,970 |
| Stock & work in progress | 14,505 | 15,872 | 11,458 | 12,775 | 11,100 | 10,181 | 9,636 | 9,275 | 9,232 | 7,625 | 7,307 | 8,333 | 10,093 | 11,644 | 11,238 |
| Trade Debtors | 503,894 | 389,783 | 286,526 | 588,292 | 324,137 | 419,728 | 539,659 | 860,566 | 182,237 | 151,552 | 105,087 | 82,073 | 194,043 | 137,859 | |
| Group Debtors | |||||||||||||||
| Misc Debtors | 150,346 | 50,775 | 57,023 | 74,045 | 58,627 | 48,440 | 45,650 | 27,909 | 155,707 | 44,583 | 86,060 | 175,752 | 83,148 | 215,972 | 103,163 |
| Cash | 319,922 | 212,300 | 468,235 | 748,256 | 379,366 | 123,205 | 111,252 | 129,326 | 202,078 | 169,158 | 584,131 | 115,236 | 196,426 | 280,153 | 141,542 |
| misc current assets | |||||||||||||||
| total current assets | 988,667 | 668,730 | 823,242 | 1,423,368 | 773,230 | 601,554 | 706,197 | 1,027,076 | 549,254 | 372,918 | 782,585 | 299,321 | 371,740 | 701,812 | 393,802 |
| total assets | 8,105,855 | 8,102,326 | 9,054,193 | 9,594,401 | 8,701,124 | 9,290,586 | 10,294,115 | 9,860,766 | 9,647,603 | 10,413,355 | 10,856,888 | 10,366,993 | 10,806,992 | 11,460,382 | 10,827,772 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 88,595 | 81,955 | 75,880 | 75,810 | 48,652 | 75,581 | 77,665 | 79,630 | 71,792 | 68,667 | 64,685 | 61,836 | 51,951 | 58,980 | 67,489 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 5,052 | 12,125 | 12,125 | 12,125 | 12,125 | ||||||||||
| other current liabilities | 273,675 | 200,198 | 198,559 | 211,645 | 304,222 | 380,881 | 318,972 | 190,812 | 196,470 | 201,683 | 167,271 | 199,568 | 209,049 | 185,750 | 195,884 |
| total current liabilities | 362,270 | 287,205 | 286,564 | 299,580 | 364,999 | 468,587 | 396,637 | 270,442 | 268,262 | 270,350 | 231,956 | 261,404 | 261,000 | 244,730 | 263,373 |
| loans | |||||||||||||||
| hp & lease commitments | 5,052 | 17,177 | 29,301 | 41,426 | |||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 68,175 | 115,848 | |||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 5,052 | 303,177 | 566,301 | 621,601 | 693,848 | 812,000 | 823,000 | 940,000 | 939,000 | 672,000 | 702,000 | 552,000 | 1,052,000 | ||
| total liabilities | 362,270 | 287,205 | 291,616 | 602,757 | 931,300 | 1,090,188 | 1,090,485 | 1,082,442 | 1,091,262 | 1,210,350 | 1,170,956 | 933,404 | 963,000 | 796,730 | 1,315,373 |
| net assets | 7,743,585 | 7,815,121 | 8,762,577 | 8,991,644 | 7,769,824 | 8,200,398 | 9,203,630 | 8,778,324 | 8,556,341 | 9,203,005 | 9,685,932 | 9,433,589 | 9,843,992 | 10,663,652 | 9,512,399 |
| total shareholders funds | 7,743,585 | 7,815,121 | 8,762,577 | 8,991,644 | 7,769,824 | 8,200,398 | 9,203,630 | 8,778,324 | 8,556,341 | 9,203,005 | 9,685,932 | 9,433,589 | 9,843,992 | 10,663,652 | 9,512,399 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 133,334 | 490,940 | 499,586 | 532,698 | 486,209 | 491,767 | 474,028 | 447,462 | 405,744 | 384,948 | 395,776 | 325,417 | |||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -1,367 | 4,414 | -1,317 | 1,675 | 919 | 545 | 361 | 43 | 1,607 | 318 | -1,026 | -1,760 | -1,551 | 406 | 11,238 |
| Debtors | 213,682 | 97,009 | -318,788 | 279,573 | -85,404 | -117,141 | -303,166 | 550,531 | 141,809 | 4,988 | 15,395 | 10,531 | -244,794 | 168,993 | 241,022 |
| Creditors | 6,640 | 6,075 | 70 | 27,158 | -26,929 | -2,084 | -1,965 | 7,838 | 3,125 | 3,982 | 2,849 | 9,885 | -7,029 | -8,509 | 67,489 |
| Accruals and Deferred Income | 73,477 | 1,639 | -13,086 | -92,577 | -76,659 | 61,909 | 128,160 | -5,658 | -5,213 | 34,412 | -32,297 | -9,481 | 23,299 | -10,134 | 195,884 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 14,901 | -840,816 | 359,070 | 408,049 | 208,436 | 462,296 | -495,960 | -254,060 | -505,431 | ||||||
| Change in Investments | -327,816 | -326,638 | 472,772 | 557,889 | -399,883 | -517,057 | 652,058 | 26,933 | -594,537 | -132,120 | 294,129 | -1,782 | -565,023 | 468,795 | 4,302,861 |
| cash flow from investments | 327,816 | 326,638 | -472,772 | -557,889 | 399,883 | 531,958 | -1,492,874 | 332,137 | 1,002,586 | 132,120 | -85,693 | 464,078 | 69,063 | -722,855 | -4,808,292 |
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | -5,052 | -12,125 | -12,125 | -12,124 | -12,125 | 53,551 | |||||||||
| other long term liabilities | -68,175 | -47,673 | 115,848 | ||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | -73,474 | -630,962 | 477,226 | 229,760 | 139,761 | -383,185 | 528,324 | 361,143 | 12,236 | -11,097 | 234,042 | 177,413 | -629,316 | 787,835 | 9,915,583 |
| cash and cash equivalents | |||||||||||||||
| cash | 107,622 | -255,935 | -280,021 | 368,890 | 256,161 | 11,953 | -18,074 | -72,752 | 32,920 | -414,973 | 468,895 | -81,190 | -83,727 | 138,611 | 141,542 |
| overdraft | |||||||||||||||
| change in cash | 107,622 | -255,935 | -280,021 | 368,890 | 256,161 | 11,953 | -18,074 | -72,752 | 32,920 | -414,973 | 468,895 | -81,190 | -83,727 | 138,611 | 141,542 |
care for veterans Credit Report and Business Information
Care For Veterans Competitor Analysis
Perform a competitor analysis for care for veterans by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in BN11 area or any other competitors across 12 key performance metrics.
care for veterans Ownership
CARE FOR VETERANS group structure
Care For Veterans has 1 subsidiary company.
Ultimate parent company
CARE FOR VETERANS
03646570
1 subsidiary
care for veterans directors
Care For Veterans currently has 11 directors. The longest serving directors include Colonel John Saville (Mar 2016) and Mr Michael Jones (May 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Colonel John Saville | 67 years | Mar 2016 | - | Director | |
| Mr Michael Jones | 59 years | May 2018 | - | Director | |
| Mr David Williams | 64 years | Feb 2019 | - | Director | |
| Mrs Denise Patterson | 70 years | Aug 2019 | - | Director | |
| Mr John McKee | 56 years | May 2020 | - | Director | |
| Dr Timothy Fooks | 62 years | May 2020 | - | Director | |
| Mr Richard Andrew | 54 years | Sep 2020 | - | Director | |
| Mrs Anna Harrison | 63 years | May 2021 | - | Director | |
| Mrs Dawn Hart | 55 years | May 2021 | - | Director | |
| Mr Roderick Scott | 67 years | May 2023 | - | Director |
P&L
December 2023turnover
5m
+2%
operating profit
-17.1k
0%
gross margin
36.1%
+2.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
7.7m
-0.01%
total assets
8.1m
0%
cash
319.9k
+0.51%
net assets
Total assets minus all liabilities
care for veterans company details
company number
03646570
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
87100 - Residential nursing care activities
incorporation date
October 1998
age
27
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
the queen alexandra hospital home (August 2017)
accountant
-
auditor
SUMER AUDIT
address
gifford house boundary road, worthing, west sussex, BN11 4LJ
Bank
BARCLAYS BANK PLC
Legal Advisor
GWCA
care for veterans 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 for veterans. Currently there are 1 open charges and 0 have been satisfied in the past.
care for veterans 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 for veterans Companies House Filings - See Documents
| date | description | view/download |
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