Pomanda estimates the enterprise value of HAVERING CARE HOMES LTD at £2.5m based on a Turnover of £3.4m and 0.73x industry multiple (adjusted for size and gross margin).
havering care homes ltdEstimated Valuation
£2.2m
Pomanda estimates the enterprise value of HAVERING CARE HOMES LTD at £2.2m based on an EBITDA of £356k and a 6.21x industry multiple (adjusted for size and gross margin).
havering care homes ltdEstimated Valuation
£13.6m
Pomanda estimates the enterprise value of HAVERING CARE HOMES LTD at £13.6m based on Net Assets of £4.9m and 2.75x industry multiple (adjusted for liquidity).
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Havering Care Homes LtdOverview
Havering Care Homes Ltd is a live company located in essex, RM14 1DU with a Companies House number of 03687354. It operates in the residential nursing care facilities sector, SIC Code 87100. Founded in December 1998, it's largest shareholder is
glenq private wealth limited
with a 49.3% stake. Havering Care Homes Ltd is a mature,
small sized company, Pomanda has estimated its turnover at
£3.4m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Havering Care Homes Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
3 Regular
5 Weak
Size
annual sales of £3.4m, make it smaller than the average company (£4.9m)
£3.4m - Havering Care Homes Ltd
£4.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (7.4%)
12% - Havering Care Homes Ltd
7.4% - Industry AVG
Production
with a gross margin of 36.2%, this company has a comparable cost of product (36.2%)
36.2% - Havering Care Homes Ltd
36.2% - Industry AVG
Profitability
an operating margin of 5% make it less profitable than the average company (13.8%)
5% - Havering Care Homes Ltd
13.8% - Industry AVG
Employees
with 91 employees, this is below the industry average (116)
91 - Havering Care Homes Ltd
116 - Industry AVG
Pay Structure
on an average salary of £24.2k, the company has an equivalent pay structure (£24.2k)
£24.2k - Havering Care Homes Ltd
£24.2k - Industry AVG
Efficiency
resulting in sales per employee of £37.2k, this is equally as efficient (£42.3k)
£37.2k - Havering Care Homes Ltd
£42.3k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is later than average (18 days)
25 days - Havering Care Homes Ltd
18 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (18 days)
5 days - Havering Care Homes Ltd
18 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (0 days)
0 days - Havering Care Homes Ltd
0 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 375 weeks, this is more cash available to meet short term requirements (9 weeks)
375 weeks - Havering Care Homes Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.9%, this is a lower level of debt than the average (56.8%)
3.9% - Havering Care Homes Ltd
56.8% - Industry AVG
HAVERING CARE HOMES LTD financials
EXPORT
Havering Care Homes Ltd's latest turnover from March 2024 is estimated at £3.4 million and the company has net assets of £4.9 million. According to their latest financial statements, Havering Care Homes Ltd has 91 employees and maintains cash reserves of £1.3 million 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
3,385,241
3,259,553
2,744,318
2,441,734
2,050,849
2,132,129
2,101,437
1,636,068
649,457
16,854,998
10,296,670
13,096,843
2,271,125
2,660,252
4,637,062
Other Income Or Grants
Cost Of Sales
2,159,450
2,107,638
1,795,383
1,592,173
1,337,506
1,388,621
1,338,854
1,043,735
413,354
10,644,888
6,415,342
8,031,300
1,391,218
1,626,460
2,823,941
Gross Profit
1,225,792
1,151,915
948,935
849,561
713,342
743,508
762,583
592,333
236,104
6,210,109
3,881,328
5,065,543
879,906
1,033,791
1,813,122
Admin Expenses
1,058,232
1,417,590
877,024
637,172
742,200
810,592
1,024,691
522,345
1,246,819
6,206,809
3,329,282
4,468,823
371,576
594,160
-488,519
Operating Profit
167,560
-265,675
71,911
212,389
-28,858
-67,084
-262,108
69,988
-1,010,715
3,300
552,046
596,720
508,330
439,631
2,301,641
Interest Payable
Interest Receivable
57,682
42,630
7,387
754
519
2,656
3,048
1,919
3,202
4,855
4,458
2,707
2,280
2,104
1,362
Pre-Tax Profit
225,243
-223,045
79,298
213,143
-28,339
-64,428
-259,060
71,906
-1,007,513
8,154
556,504
599,428
510,609
441,735
2,303,003
Tax
-56,311
-15,067
-40,497
-14,381
-1,712
-127,996
-143,863
-132,758
-123,686
-644,841
Profit After Tax
168,932
-223,045
64,231
172,646
-28,339
-64,428
-259,060
57,525
-1,007,513
6,442
428,508
455,565
377,851
318,049
1,658,162
Dividends Paid
Retained Profit
168,932
-223,045
64,231
172,646
-28,339
-64,428
-259,060
57,525
-1,007,513
6,442
428,508
455,565
377,851
318,049
1,658,162
Employee Costs
2,201,402
1,870,491
1,686,419
2,050,086
1,528,362
1,342,330
1,383,745
1,277,626
385,056
9,369,423
5,783,233
7,484,344
1,291,952
1,504,634
2,672,497
Number Of Employees
91
84
82
103
80
75
81
79
25
637
397
517
90
104
183
EBITDA*
356,004
-23,974
317,335
446,274
208,429
59,000
-18,794
292,136
-783,969
139,041
630,173
683,692
603,632
543,359
2,359,502
* 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
3,525,907
3,714,351
3,956,052
4,111,212
3,845,097
4,082,384
4,322,468
4,440,537
4,662,685
4,380,834
4,508,507
4,585,769
4,670,247
4,754,819
4,825,603
Intangible Assets
5,540
6,405
7,270
8,135
9,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
3,525,907
3,714,351
3,956,052
4,111,212
3,845,097
4,082,384
4,322,468
4,440,537
4,662,685
4,380,834
4,514,047
4,592,174
4,677,517
4,762,954
4,834,603
Stock & work in progress
2,695
2,525
2,550
2,420
2,510
2,550
2,550
2,550
2,550
2,550
2,500
2,000
2,000
2,000
7,300
Trade Debtors
237,896
265,640
188,968
100,206
99,123
140,639
125,822
70,637
36,687
1,271,605
603,094
811,414
94,484
80,517
39,704
Group Debtors
22,562
65,924
Misc Debtors
56,627
62,627
73,460
214,461
266,960
304,460
191,127
227,487
436,100
Cash
1,320,221
877,202
1,128,897
840,848
667,471
369,821
338,327
880,754
654,176
626,708
1,315,131
467,927
615,017
296,942
544,639
misc current assets
total current assets
1,617,439
1,207,994
1,393,875
1,157,935
1,058,626
883,394
657,826
1,181,428
1,129,513
1,900,863
1,920,725
1,281,341
711,501
379,459
591,643
total assets
5,143,346
4,922,345
5,349,927
5,269,147
4,903,723
4,965,778
4,980,294
5,621,965
5,792,198
6,281,697
6,434,772
5,873,515
5,389,018
5,142,413
5,426,246
Bank overdraft
Bank loan
Trade Creditors
32,985
33,161
45,760
36,459
49,207
14,013
60,566
53,822
37,119
207,676
366,204
232,848
198,354
340,492
944,368
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
149,617
94,058
287,565
294,784
88,275
156,090
58,411
446,441
689,455
total current liabilities
182,602
127,219
333,325
331,243
137,482
170,103
118,977
500,263
726,574
207,676
366,204
232,848
198,354
340,492
944,368
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
19,953
23,267
21,698
7,231
8,214
9,309
10,525
11,850
13,297
14,181
15,170
15,777
21,339
10,448
8,454
total long term liabilities
19,953
23,267
21,698
7,231
8,214
9,309
10,525
11,850
13,297
14,181
15,170
15,777
21,339
10,448
8,454
total liabilities
202,555
150,486
355,023
338,474
145,696
179,412
129,502
512,113
739,871
221,857
381,374
248,625
219,693
350,940
952,822
net assets
4,940,791
4,771,859
4,994,904
4,930,673
4,758,027
4,786,366
4,850,792
5,109,852
5,052,327
6,059,840
6,053,398
5,624,890
5,169,325
4,791,473
4,473,424
total shareholders funds
4,940,791
4,771,859
4,994,904
4,930,673
4,758,027
4,786,366
4,850,792
5,109,852
5,052,327
6,059,840
6,053,398
5,624,890
5,169,325
4,791,473
4,473,424
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
167,560
-265,675
71,911
212,389
-28,858
-67,084
-262,108
69,988
-1,010,715
3,300
552,046
596,720
508,330
439,631
2,301,641
Depreciation
188,444
241,701
245,424
233,885
237,287
126,084
243,314
222,148
226,746
130,201
77,262
86,107
94,437
102,863
56,861
Amortisation
5,540
865
865
865
865
1,000
Tax
-56,311
-15,067
-40,497
-14,381
-1,712
-127,996
-143,863
-132,758
-123,686
-644,841
Stock
170
-25
130
-90
-40
50
500
-5,300
7,300
Debtors
-33,744
65,839
-52,239
-73,978
-122,378
194,074
18,825
-174,663
-798,818
668,511
-208,320
716,930
13,967
40,813
39,704
Creditors
-176
-12,599
9,301
-12,748
35,194
-46,553
6,744
16,703
-170,557
-158,528
133,356
34,494
-142,138
-603,876
944,368
Accruals and Deferred Income
55,559
-193,507
-7,219
206,509
-67,815
97,679
-388,030
-243,014
689,455
Deferred Taxes & Provisions
-3,314
1,569
14,467
-983
-1,095
-1,216
-1,325
-1,447
-884
-989
-607
-5,562
10,891
1,994
8,454
Cash flow from operations
385,336
-294,325
370,926
672,623
297,131
-85,164
-420,230
224,660
532,863
-690,749
842,746
-148,169
325,660
-217,722
2,620,479
Investing Activities
capital expenditure
-90,264
-500,000
114,000
-125,245
-508,597
-2,528
-1,629
-9,865
-32,079
-4,892,464
Change in Investments
cash flow from investments
-90,264
-500,000
114,000
-125,245
-508,597
-2,528
-1,629
-9,865
-32,079
-4,892,464
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
2
1
2,815,262
interest
57,682
42,630
7,387
754
519
2,656
3,048
1,919
3,202
4,855
4,458
2,707
2,280
2,104
1,362
cash flow from financing
57,682
42,630
7,387
754
519
2,658
3,048
1,919
3,202
4,855
4,458
2,707
2,281
2,104
2,816,624
cash and cash equivalents
cash
443,019
-251,695
288,049
173,377
297,650
31,494
-542,427
226,578
27,468
-688,423
847,204
-147,090
318,075
-247,697
544,639
overdraft
change in cash
443,019
-251,695
288,049
173,377
297,650
31,494
-542,427
226,578
27,468
-688,423
847,204
-147,090
318,075
-247,697
544,639
havering care homes ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for havering care homes ltd. Get real-time insights into havering care homes ltd's credit score, group structure and payment trends.
Perform a competitor analysis for havering care homes ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in RM14 area or any other competitors across 12 key performance metrics.
havering care homes ltd Ownership
HAVERING CARE HOMES LTD group structure
Havering Care Homes Ltd has no subsidiary companies.
Ultimate parent company
HAVERING CARE HOMES LTD
03687354
HAVERING CARE HOMES LTD Shareholders
The largest shareholders in Havering Care Homes Ltd include Glenq Private Wealth Limited and James Brennan.
glenq private wealth limited
49.26%
james brennan
49.26%
charles brennan
0.49%
sophia brennan
0.49%
nicola rose
0.49%
havering care homes ltd directors
Havering Care Homes Ltd currently has 2 directors.
The longest serving directors include
Mr James Brennan (Sep 2004) and
Mr Michael Armstrong (Jan 2014).
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 havering care homes ltd.
havering care homes ltd 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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havering care homes ltdCompanies House Filings - See Documents
