wellcare (homestead) limited
wellcare (homestead) limited Company Information
Company Number
03766377
Website
-Registered Address
new burlington house, 1075 finchley road, london, NW11 0PU
Industry
Residential care activities for the elderly and disabled
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Directors
Simcha Green5 Years
Shareholders
valmet nominees ltd 100%
wellcare (homestead) limited Estimated Valuation
The estimated valuation range for wellcare (homestead) limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £4.5m to £13.2m
wellcare (homestead) limited Estimated Valuation
The estimated valuation range for wellcare (homestead) limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £4.5m to £13.2m
wellcare (homestead) limited Estimated Valuation
The estimated valuation range for wellcare (homestead) limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £4.5m to £13.2m
Get a detailed valuation report, edit figures and unlock valuation multiples.
Wellcare (homestead) Limited AI Business Plan
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Wellcare (homestead) Limited Overview
Wellcare (homestead) Limited is a live company located in london, NW11 0PU with a Companies House number of 03766377. It operates in the residential care activities for the elderly and disabled sector, SIC Code 87300. Founded in May 1999, it's largest shareholder is valmet nominees ltd with a 100% stake. Wellcare (homestead) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £10.4m with declining growth in recent years.
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Wellcare (homestead) Limited Health Check
Pomanda's financial health check has awarded Wellcare (Homestead) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £10.4m, make it larger than the average company (£3m)
- Wellcare (homestead) Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (4%)
- Wellcare (homestead) Limited
4% - Industry AVG
Production
with a gross margin of 38%, this company has a comparable cost of product (38%)
- Wellcare (homestead) Limited
38% - Industry AVG
Profitability
an operating margin of 6.8% make it less profitable than the average company (12.7%)
- Wellcare (homestead) Limited
12.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (74)
1 - Wellcare (homestead) Limited
74 - Industry AVG
Pay Structure
on an average salary of £21.4k, the company has an equivalent pay structure (£21.4k)
- Wellcare (homestead) Limited
£21.4k - Industry AVG
Efficiency
resulting in sales per employee of £10.4m, this is more efficient (£35.8k)
- Wellcare (homestead) Limited
£35.8k - Industry AVG
Debtor Days
it gets paid by customers after 56 days, this is later than average (15 days)
- Wellcare (homestead) Limited
15 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (14 days)
- Wellcare (homestead) Limited
14 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Wellcare (homestead) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (21 weeks)
1 weeks - Wellcare (homestead) Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.6%, this is a higher level of debt than the average (48.7%)
61.6% - Wellcare (homestead) Limited
48.7% - Industry AVG
wellcare (homestead) limited Credit Report and Business Information
Wellcare (homestead) Limited Competitor Analysis
Perform a competitor analysis for wellcare (homestead) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
wellcare (homestead) limited Ownership
WELLCARE (HOMESTEAD) LIMITED group structure
Wellcare (Homestead) Limited has no subsidiary companies.
Ultimate parent company
VALMET NOMINEES LTD
#0049839
1 parent
WELLCARE (HOMESTEAD) LIMITED
03766377
wellcare (homestead) limited directors
Wellcare (Homestead) Limited currently has 1 director, Mr Simcha Green serving since Mar 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simcha Green | United Kingdom | 58 years | Mar 2019 | - | Director |
WELLCARE (HOMESTEAD) LIMITED financials
Wellcare (Homestead) Limited's latest turnover from December 2022 is estimated at £10.4 million and the company has net assets of £4.5 million. According to their latest financial statements, Wellcare (Homestead) Limited has 1 employee and maintains cash reserves of £16.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 1 | 1 | 1 | |||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 9,485,000 | 9,485,000 | 9,485,000 | 9,485,000 | 9,485,000 | 7,125,000 | 7,125,000 | 7,125,000 | 7,125,000 | 6,800,000 | 6,800,000 | 8,000,000 | 0 | 8,000,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,000,000 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 9,485,000 | 9,485,000 | 9,485,000 | 9,485,000 | 9,485,000 | 7,125,000 | 7,125,000 | 7,125,000 | 7,125,000 | 6,800,000 | 6,800,000 | 8,000,000 | 8,000,000 | 8,000,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,597,852 | 1,211,336 | 796,204 | 667,174 | 535,530 | 389,446 | 166,684 | 1,564,654 | 1,580,346 | 1,225,480 | 1,158,681 | 1,057,176 | 991,934 | 715,496 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 728,043 | 728,043 | 728,043 | 728,043 | 728,043 | 728,043 | 728,043 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 16,258 | 16,279 | 16,279 | 16,279 | 16,279 | 16,279 | 16,308 | 16,369 | 0 | 0 | 0 | 18,815 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,342,153 | 1,955,658 | 1,540,526 | 1,411,496 | 1,279,852 | 1,133,768 | 911,035 | 1,581,023 | 1,580,346 | 1,225,480 | 1,158,681 | 1,075,991 | 991,934 | 715,496 |
| total assets | 11,827,153 | 11,440,658 | 11,025,526 | 10,896,496 | 10,764,852 | 8,258,768 | 8,036,035 | 8,706,023 | 8,705,346 | 8,025,480 | 7,958,681 | 9,075,991 | 8,991,934 | 8,715,496 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 113,779 | 110,700 | 119,201 | 118,201 | 106,900 | 114,300 | 0 | 869,055 | 909,323 | 757,206 | 856,820 | 736,333 | 682,721 | 437,133 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 699,980 | 411,277 | 145,124 | 144,575 | 144,125 | 139,845 | 135,716 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 813,759 | 521,977 | 264,325 | 262,776 | 251,025 | 254,145 | 135,716 | 869,055 | 909,323 | 757,206 | 856,820 | 736,333 | 682,721 | 437,133 |
| loans | 6,180,983 | 6,180,983 | 6,180,983 | 6,180,983 | 5,993,382 | 5,993,382 | 5,999,828 | 5,992,555 | 5,952,801 | 5,041,550 | 4,925,000 | 4,925,000 | 4,925,000 | 4,925,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 293,000 | 293,000 | 293,000 | 293,000 | 263,000 | 0 | 0 | 0 | 0 | 730,542 | 0 | 0 | 0 | 0 |
| total long term liabilities | 6,473,983 | 6,473,983 | 6,473,983 | 6,473,983 | 6,256,382 | 5,993,382 | 5,999,828 | 5,992,555 | 5,952,801 | 5,772,092 | 4,925,000 | 4,925,000 | 4,925,000 | 4,925,000 |
| total liabilities | 7,287,742 | 6,995,960 | 6,738,308 | 6,736,759 | 6,507,407 | 6,247,527 | 6,135,544 | 6,861,610 | 6,862,124 | 6,529,298 | 5,781,820 | 5,661,333 | 5,607,721 | 5,362,133 |
| net assets | 4,539,411 | 4,444,698 | 4,287,218 | 4,159,737 | 4,257,445 | 2,011,241 | 1,900,491 | 1,844,413 | 1,843,222 | 1,496,182 | 2,176,861 | 3,414,658 | 3,384,213 | 3,353,363 |
| total shareholders funds | 4,539,411 | 4,444,698 | 4,287,218 | 4,159,737 | 4,257,445 | 2,011,241 | 1,900,491 | 1,844,413 | 1,843,222 | 1,496,182 | 2,176,861 | 3,414,658 | 3,384,213 | 3,353,363 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 386,516 | 415,132 | 129,030 | 131,644 | 146,084 | 222,762 | -669,927 | 339,174 | 354,866 | 66,799 | 101,505 | 65,242 | 276,438 | 715,496 |
| Creditors | 3,079 | -8,501 | 1,000 | 11,301 | -7,400 | 114,300 | -869,055 | 111,849 | 152,117 | -99,614 | 120,487 | 53,612 | 245,588 | 437,133 |
| Accruals and Deferred Income | 288,703 | 266,153 | 549 | 450 | 4,280 | 4,129 | 135,716 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 30,000 | 263,000 | 0 | 0 | -730,542 | -730,542 | 730,542 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8,000,000 | 8,000,000 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 187,601 | 0 | -6,446 | 7,273 | 951,005 | 911,251 | 116,550 | 0 | 0 | 0 | 4,925,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -21 | 0 | 0 | 0 | 0 | -29 | -61 | 16,369 | 0 | 0 | -18,815 | 18,815 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -21 | 0 | 0 | 0 | 0 | -29 | -61 | 16,369 | 0 | 0 | -18,815 | 18,815 | 0 | 0 |
P&L
December 2022turnover
10.4m
+23%
operating profit
703.6k
0%
gross margin
38.1%
+4.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
4.5m
+0.02%
total assets
11.8m
+0.03%
cash
16.3k
0%
net assets
Total assets minus all liabilities
wellcare (homestead) limited company details
company number
03766377
Type
Private limited with Share Capital
industry
87300 - Residential care activities for the elderly and disabled
incorporation date
May 1999
age
25
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
new burlington house, 1075 finchley road, london, NW11 0PU
last accounts submitted
December 2022
wellcare (homestead) limited 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 6 charges/mortgages relating to wellcare (homestead) limited. Currently there are 1 open charges and 5 have been satisfied in the past.
wellcare (homestead) limited Companies House Filings - See Documents
| date | description | view/download |
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