worcestershire hospital spc plc
worcestershire hospital spc plc Company Information
Company Number
03649489
Next Accounts
Jun 2025
Shareholders
worcestershire hospital spc holdings ltd
Group Structure
View All
Industry
Hospital activities
Registered Address
c/o albany spc services ltd, 3rd floor, manchester, M1 4HB
Website
lendlease.comworcestershire hospital spc plc Estimated Valuation
Pomanda estimates the enterprise value of WORCESTERSHIRE HOSPITAL SPC PLC at £53.6m based on a Turnover of £63.9m and 0.84x industry multiple (adjusted for size and gross margin).
worcestershire hospital spc plc Estimated Valuation
Pomanda estimates the enterprise value of WORCESTERSHIRE HOSPITAL SPC PLC at £44.5m based on an EBITDA of £7.7m and a 5.8x industry multiple (adjusted for size and gross margin).
worcestershire hospital spc plc Estimated Valuation
Pomanda estimates the enterprise value of WORCESTERSHIRE HOSPITAL SPC PLC at £37.4m based on Net Assets of £14.8m and 2.53x industry multiple (adjusted for liquidity).
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Worcestershire Hospital Spc Plc Overview
Worcestershire Hospital Spc Plc is a live company located in manchester, M1 4HB with a Companies House number of 03649489. It operates in the hospital activities sector, SIC Code 86101. Founded in October 1998, it's largest shareholder is worcestershire hospital spc holdings ltd with a 100% stake. Worcestershire Hospital Spc Plc is a mature, large sized company, Pomanda has estimated its turnover at £63.9m with high growth in recent years.
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Worcestershire Hospital Spc Plc Health Check
Pomanda's financial health check has awarded Worcestershire Hospital Spc Plc a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £63.9m, make it larger than the average company (£4.2m)
£63.9m - Worcestershire Hospital Spc Plc
£4.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (8.5%)
18% - Worcestershire Hospital Spc Plc
8.5% - Industry AVG
Production
with a gross margin of 13.6%, this company has a higher cost of product (36.1%)
13.6% - Worcestershire Hospital Spc Plc
36.1% - Industry AVG
Profitability
an operating margin of 12% make it as profitable than the average company (11.6%)
12% - Worcestershire Hospital Spc Plc
11.6% - Industry AVG
Employees
with 801 employees, this is above the industry average (48)
- Worcestershire Hospital Spc Plc
48 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Worcestershire Hospital Spc Plc
- - Industry AVG
Efficiency
resulting in sales per employee of £79.8k, this is equally as efficient (£79.8k)
- Worcestershire Hospital Spc Plc
£79.8k - Industry AVG
Debtor Days
it gets paid by customers after 18 days, this is earlier than average (28 days)
18 days - Worcestershire Hospital Spc Plc
28 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (30 days)
21 days - Worcestershire Hospital Spc Plc
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Worcestershire Hospital Spc Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 40 weeks, this is more cash available to meet short term requirements (29 weeks)
40 weeks - Worcestershire Hospital Spc Plc
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.9%, this is a higher level of debt than the average (49.3%)
82.9% - Worcestershire Hospital Spc Plc
49.3% - Industry AVG
WORCESTERSHIRE HOSPITAL SPC PLC financials
Worcestershire Hospital Spc Plc's latest turnover from December 2023 is £63.9 million and the company has net assets of £14.8 million. According to their latest financial statements, we estimate that Worcestershire Hospital Spc Plc has 801 employees and maintains cash reserves of £11.8 million 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 | 63,924,000 | 50,997,000 | 44,589,000 | 38,807,000 | 35,896,000 | 36,771,000 | 32,638,000 | 34,719,000 | 30,130,000 | 38,050,000 | 42,419,000 | 24,845,000 | 24,580,000 | 24,081,000 | 23,386,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 55,202,000 | 43,234,000 | 37,549,000 | 32,860,000 | 29,189,000 | 30,361,000 | 26,332,000 | 28,335,000 | 28,965,000 | 41,346,000 | |||||
| Gross Profit | 8,722,000 | 7,763,000 | 7,040,000 | 5,947,000 | 6,707,000 | 6,410,000 | 6,306,000 | 6,384,000 | 1,165,000 | -3,296,000 | |||||
| Admin Expenses | 1,051,000 | 865,000 | 970,000 | 1,052,000 | 1,001,000 | 1,001,000 | 1,345,000 | 1,421,000 | 1,509,000 | ||||||
| Operating Profit | 7,671,000 | 6,898,000 | 6,070,000 | 4,895,000 | 5,706,000 | 5,409,000 | 4,961,000 | 4,963,000 | -344,000 | -3,296,000 | 4,992,000 | 4,542,000 | 4,462,000 | 3,880,000 | 3,389,000 |
| Interest Payable | 3,479,000 | 3,785,000 | 4,056,000 | 4,324,000 | 4,545,000 | 4,723,000 | 4,878,000 | 5,105,000 | 5,251,000 | 5,348,000 | 5,512,000 | 5,729,000 | 5,910,000 | 6,059,000 | 6,280,000 |
| Interest Receivable | 3,429,000 | 3,363,000 | 3,448,000 | 3,699,000 | 3,970,000 | 4,146,000 | 4,300,000 | 4,515,000 | 4,676,000 | 4,840,000 | 5,001,000 | 5,243,000 | 5,310,000 | 5,377,000 | 5,487,000 |
| Pre-Tax Profit | 7,621,000 | 6,476,000 | 5,462,000 | 4,270,000 | 5,131,000 | 4,832,000 | 4,383,000 | 4,373,000 | -919,000 | -3,804,000 | 4,481,000 | 4,056,000 | 3,862,000 | 3,198,000 | 2,596,000 |
| Tax | -2,113,000 | -1,475,000 | -3,059,000 | -1,960,000 | -1,178,000 | -1,071,000 | -1,038,000 | -666,000 | 835,000 | 739,000 | -1,806,000 | -658,000 | -1,480,000 | -1,087,000 | -775,000 |
| Profit After Tax | 5,508,000 | 5,001,000 | 2,403,000 | 2,310,000 | 3,953,000 | 3,761,000 | 3,345,000 | 3,707,000 | -84,000 | -3,065,000 | 2,675,000 | 3,398,000 | 2,382,000 | 2,111,000 | 1,821,000 |
| Dividends Paid | 4,851,000 | 2,674,000 | 2,674,000 | 1,797,000 | 939,000 | 1,569,000 | 2,108,000 | 4,202,000 | 705,000 | 2,281,000 | 2,162,000 | 1,764,000 | 1,576,000 | 1,304,000 | |
| Retained Profit | 657,000 | 2,327,000 | -271,000 | 513,000 | 3,014,000 | 2,192,000 | 1,237,000 | -495,000 | -84,000 | -3,770,000 | 394,000 | 1,236,000 | 618,000 | 535,000 | 517,000 |
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | 7,671,000 | 6,898,000 | 6,070,000 | 4,895,000 | 5,706,000 | 5,409,000 | 4,961,000 | 4,963,000 | -344,000 | -3,296,000 | 4,992,000 | 4,542,000 | 4,462,000 | 3,880,000 | 3,389,000 |
* 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 | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 59,371,000 | 64,597,000 | 68,447,000 | 72,904,000 | 57,337,000 | 60,643,000 | 63,943,000 | 67,045,000 | 69,690,000 | 72,700,000 | 75,275,000 | 77,696,000 | 79,970,000 | 82,108,000 | 84,117,000 |
| Total Fixed Assets | 59,371,000 | 64,597,000 | 68,447,000 | 72,904,000 | 57,337,000 | 60,643,000 | 63,943,000 | 67,045,000 | 69,690,000 | 72,700,000 | 75,275,000 | 77,696,000 | 79,970,000 | 82,108,000 | 84,117,000 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 3,280,000 | 2,483,000 | 1,357,000 | 1,516,000 | 365,000 | 856,000 | 1,412,000 | 2,584,000 | 6,390,000 | 4,926,000 | 22,458,000 | 4,785,000 | 1,954,000 | 1,407,000 | 715,000 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 12,004,000 | 12,371,000 | 13,449,000 | 12,961,000 | 31,520,000 | 27,715,000 | 25,381,000 | 23,707,000 | 27,355,000 | 24,467,000 | 14,497,000 | 15,616,000 | 14,384,000 | 13,174,000 | |
| Cash | 11,754,000 | 3,731,000 | 9,210,000 | 9,160,000 | 10,705,000 | 9,936,000 | 10,214,000 | 10,296,000 | 15,795,000 | 13,328,000 | 12,056,000 | 11,848,000 | 11,512,000 | 11,457,000 | 11,241,000 |
| misc current assets | 6,037,000 | ||||||||||||||
| total current assets | 27,038,000 | 24,622,000 | 24,016,000 | 23,637,000 | 42,590,000 | 38,507,000 | 37,007,000 | 36,587,000 | 49,540,000 | 42,721,000 | 34,514,000 | 31,130,000 | 29,082,000 | 27,248,000 | 25,130,000 |
| total assets | 86,409,000 | 89,219,000 | 92,463,000 | 96,541,000 | 99,927,000 | 99,150,000 | 100,950,000 | 103,632,000 | 119,230,000 | 115,421,000 | 109,789,000 | 108,826,000 | 109,052,000 | 109,356,000 | 109,247,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 3,258,000 | 2,634,000 | 1,383,000 | 2,786,000 | 1,793,000 | 1,098,000 | 1,633,000 | 2,626,000 | 6,494,000 | 5,664,000 | 5,712,000 | 3,645,000 | 3,152,000 | 2,597,000 | 1,939,000 |
| Group/Directors Accounts | 1,949,000 | 767,000 | 239,000 | 264,000 | 264,000 | 264,000 | |||||||||
| other short term finances | 5,831,000 | 5,516,000 | 5,619,000 | 4,523,000 | 3,788,000 | 3,181,000 | 2,734,000 | 2,500,000 | 2,377,000 | 2,469,000 | 2,574,000 | 2,785,000 | 2,913,000 | 2,708,000 | 2,563,000 |
| hp & lease commitments | |||||||||||||||
| other current liabilities | 3,927,000 | 3,546,000 | 3,740,000 | 1,892,000 | 3,300,000 | 2,192,000 | 2,044,000 | 1,679,000 | 2,708,000 | 2,262,000 | 2,719,000 | 1,743,000 | 1,352,000 | 1,232,000 | 1,034,000 |
| total current liabilities | 14,965,000 | 11,696,000 | 10,742,000 | 9,201,000 | 8,881,000 | 6,471,000 | 6,411,000 | 6,805,000 | 12,346,000 | 10,634,000 | 11,005,000 | 8,173,000 | 7,681,000 | 6,801,000 | 5,800,000 |
| loans | 41,023,000 | 46,853,000 | 4,660,000 | 57,991,000 | 62,515,000 | 66,303,000 | 69,485,000 | 72,220,000 | 74,719,000 | 76,895,000 | 79,157,000 | 81,518,000 | 84,082,000 | 86,766,000 | 89,241,000 |
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 47,709,000 | ||||||||||||||
| provisions | 15,636,000 | 16,542,000 | 17,580,000 | 17,306,000 | 17,001,000 | 17,860,000 | 18,730,000 | 19,520,000 | 26,583,000 | 22,226,000 | 7,753,000 | 7,655,000 | 7,045,000 | 6,163,000 | 5,115,000 |
| total long term liabilities | 56,659,000 | 63,395,000 | 69,949,000 | 75,297,000 | 79,516,000 | 84,163,000 | 88,215,000 | 91,740,000 | 101,302,000 | 99,121,000 | 86,910,000 | 89,173,000 | 91,127,000 | 92,929,000 | 94,356,000 |
| total liabilities | 71,624,000 | 75,091,000 | 80,691,000 | 84,498,000 | 88,397,000 | 90,634,000 | 94,626,000 | 98,545,000 | 113,648,000 | 109,755,000 | 97,915,000 | 97,346,000 | 98,808,000 | 99,730,000 | 100,156,000 |
| net assets | 14,785,000 | 14,128,000 | 11,772,000 | 12,043,000 | 11,530,000 | 8,516,000 | 6,324,000 | 5,087,000 | 5,582,000 | 5,666,000 | 11,874,000 | 11,480,000 | 10,244,000 | 9,626,000 | 9,091,000 |
| total shareholders funds | 14,785,000 | 14,128,000 | 11,772,000 | 12,043,000 | 11,530,000 | 8,516,000 | 6,324,000 | 5,087,000 | 5,582,000 | 5,666,000 | 11,874,000 | 11,480,000 | 10,244,000 | 9,626,000 | 9,091,000 |
| 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 | 7,671,000 | 6,898,000 | 6,070,000 | 4,895,000 | 5,706,000 | 5,409,000 | 4,961,000 | 4,963,000 | -344,000 | -3,296,000 | 4,992,000 | 4,542,000 | 4,462,000 | 3,880,000 | 3,389,000 |
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | -2,113,000 | -1,475,000 | -3,059,000 | -1,960,000 | -1,178,000 | -1,071,000 | -1,038,000 | -666,000 | 835,000 | 739,000 | -1,806,000 | -658,000 | -1,480,000 | -1,087,000 | -775,000 |
| Stock | |||||||||||||||
| Debtors | -4,796,000 | -3,802,000 | -4,128,000 | -1,841,000 | 8,000 | -1,522,000 | -2,600,000 | -10,099,000 | 1,342,000 | 4,360,000 | 755,000 | -562,000 | -359,000 | -107,000 | 98,006,000 |
| Creditors | 624,000 | 1,251,000 | -1,403,000 | 993,000 | 695,000 | -535,000 | -993,000 | -3,868,000 | 830,000 | -48,000 | 2,067,000 | 493,000 | 555,000 | 658,000 | 1,939,000 |
| Accruals and Deferred Income | 381,000 | -194,000 | 1,848,000 | -1,408,000 | 1,108,000 | 148,000 | 365,000 | -1,029,000 | 446,000 | -457,000 | 976,000 | 391,000 | 120,000 | 198,000 | 1,034,000 |
| Deferred Taxes & Provisions | -906,000 | -1,038,000 | 274,000 | 305,000 | -859,000 | -870,000 | -790,000 | -7,063,000 | 4,357,000 | 14,473,000 | 98,000 | 610,000 | 882,000 | 1,048,000 | 5,115,000 |
| Cash flow from operations | 10,453,000 | 9,244,000 | 7,858,000 | 4,666,000 | 5,464,000 | 4,603,000 | 5,105,000 | 2,436,000 | 4,782,000 | 7,051,000 | 5,572,000 | 5,940,000 | 4,898,000 | 4,804,000 | -87,304,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 1,949,000 | -767,000 | 528,000 | 239,000 | -264,000 | 264,000 | |||||||||
| Other Short Term Loans | 315,000 | -103,000 | 1,096,000 | 735,000 | 607,000 | 447,000 | 234,000 | 123,000 | -92,000 | -105,000 | -211,000 | -128,000 | 205,000 | 145,000 | 2,563,000 |
| Long term loans | -5,830,000 | 42,193,000 | -53,331,000 | -4,524,000 | -3,788,000 | -3,182,000 | -2,735,000 | -2,499,000 | -2,176,000 | -2,262,000 | -2,361,000 | -2,564,000 | -2,684,000 | -2,475,000 | 89,241,000 |
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -47,709,000 | 47,709,000 | |||||||||||||
| share issue | |||||||||||||||
| interest | -50,000 | -422,000 | -608,000 | -625,000 | -575,000 | -577,000 | -578,000 | -590,000 | -575,000 | -508,000 | -511,000 | -486,000 | -600,000 | -682,000 | -793,000 |
| cash flow from financing | -3,616,000 | -6,012,000 | -5,134,000 | -4,414,000 | -3,756,000 | -3,312,000 | -3,079,000 | -3,733,000 | -2,315,000 | -5,074,000 | -3,083,000 | -3,442,000 | -3,079,000 | -3,012,000 | 99,849,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 8,023,000 | -5,479,000 | 50,000 | -1,545,000 | 769,000 | -278,000 | -82,000 | -5,499,000 | 2,467,000 | 1,272,000 | 208,000 | 336,000 | 55,000 | 216,000 | 11,241,000 |
| overdraft | |||||||||||||||
| change in cash | 8,023,000 | -5,479,000 | 50,000 | -1,545,000 | 769,000 | -278,000 | -82,000 | -5,499,000 | 2,467,000 | 1,272,000 | 208,000 | 336,000 | 55,000 | 216,000 | 11,241,000 |
worcestershire hospital spc plc Credit Report and Business Information
Worcestershire Hospital Spc Plc Competitor Analysis
Perform a competitor analysis for worcestershire hospital spc plc by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other large companies, companies in M 1 area or any other competitors across 12 key performance metrics.
worcestershire hospital spc plc Ownership
WORCESTERSHIRE HOSPITAL SPC PLC group structure
Worcestershire Hospital Spc Plc has no subsidiary companies.
Ultimate parent company
2 parents
WORCESTERSHIRE HOSPITAL SPC PLC
03649489
worcestershire hospital spc plc directors
Worcestershire Hospital Spc Plc currently has 8 directors. The longest serving directors include Mr Christopher Solley (Oct 2012) and Mr Barry Millsom (Sep 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Solley | Scotland | 54 years | Oct 2012 | - | Director |
| Mr Barry Millsom | England | 50 years | Sep 2014 | - | Director |
| Mr Neil Rae | England | 53 years | Apr 2017 | - | Director |
| Mr Leo McKenna | 58 years | Jan 2020 | - | Director | |
| Mr Mark Knight | England | 50 years | Jan 2023 | - | Director |
| Mr Josh Bond | United Kingdom | 33 years | Apr 2024 | - | Director |
| Mr Daniel North | England | 36 years | Sep 2024 | - | Director |
| Mr Mathew Grace | England | 33 years | Feb 2025 | - | Director |
P&L
December 2023turnover
63.9m
+25%
operating profit
7.7m
+11%
gross margin
13.7%
-10.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
14.8m
+0.05%
total assets
86.4m
-0.03%
cash
11.8m
+2.15%
net assets
Total assets minus all liabilities
worcestershire hospital spc plc company details
company number
03649489
Type
Public limited with Share Capital
industry
86101 - Hospital activities
incorporation date
October 1998
age
27
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
catalyst healthcare (worcester) plc (October 2011)
walnutplace plc (December 1998)
accountant
-
auditor
JOHNSTON CARMICHAEL LLP
address
c/o albany spc services ltd, 3rd floor, manchester, M1 4HB
Bank
BANK OF SCOTLAND
Legal Advisor
DUNDAS & WILSON
worcestershire hospital spc plc 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 4 charges/mortgages relating to worcestershire hospital spc plc. Currently there are 3 open charges and 1 have been satisfied in the past.
worcestershire hospital spc plc 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.
Click to start generating capital raising & share issue transactions for WORCESTERSHIRE HOSPITAL SPC PLC. This can take several minutes, an email will notify you when this has completed.
worcestershire hospital spc plc Companies House Filings - See Documents
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