ark care services limited
ark care services limited Company Information
Company Number
03910965
Website
www.arkcare.co.ukRegistered Address
33 southwest road, london, E11 4AW
Industry
Residential care activities for the elderly and disabled
Telephone
02085396336
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
olayinka taofik ajisebutu 100%
ark care services limited Estimated Valuation
Pomanda estimates the enterprise value of ARK CARE SERVICES LIMITED at £3.4m based on a Turnover of £4.6m and 0.74x industry multiple (adjusted for size and gross margin).
ark care services limited Estimated Valuation
Pomanda estimates the enterprise value of ARK CARE SERVICES LIMITED at £3m based on an EBITDA of £485.5k and a 6.14x industry multiple (adjusted for size and gross margin).
ark care services limited Estimated Valuation
Pomanda estimates the enterprise value of ARK CARE SERVICES LIMITED at £5m based on Net Assets of £1.5m and 3.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ark Care Services Limited Overview
Ark Care Services Limited is a live company located in london, E11 4AW with a Companies House number of 03910965. It operates in the residential care activities for the elderly and disabled sector, SIC Code 87300. Founded in January 2000, it's largest shareholder is olayinka taofik ajisebutu with a 100% stake. Ark Care Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.6m with declining growth in recent years.
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Ark Care Services Limited Health Check
Pomanda's financial health check has awarded Ark Care Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £4.6m, make it larger than the average company (£3.3m)
- Ark Care Services Limited
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (5.1%)
- Ark Care Services Limited
5.1% - Industry AVG
Production
with a gross margin of 29.3%, this company has a higher cost of product (37.6%)
- Ark Care Services Limited
37.6% - Industry AVG
Profitability
an operating margin of 10.3% make it as profitable than the average company (10.3%)
- Ark Care Services Limited
10.3% - Industry AVG
Employees
with 21 employees, this is below the industry average (77)
21 - Ark Care Services Limited
77 - Industry AVG
Pay Structure
on an average salary of £22.6k, the company has an equivalent pay structure (£22.6k)
- Ark Care Services Limited
£22.6k - Industry AVG
Efficiency
resulting in sales per employee of £219.5k, this is more efficient (£38.7k)
- Ark Care Services Limited
£38.7k - Industry AVG
Debtor Days
it gets paid by customers after 76 days, this is later than average (17 days)
- Ark Care Services Limited
17 days - Industry AVG
Creditor Days
its suppliers are paid after 90 days, this is slower than average (16 days)
- Ark Care Services Limited
16 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ark Care Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 33 weeks, this is more cash available to meet short term requirements (17 weeks)
33 weeks - Ark Care Services Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.6%, this is a lower level of debt than the average (47.7%)
35.6% - Ark Care Services Limited
47.7% - Industry AVG
ARK CARE SERVICES LIMITED financials
Ark Care Services Limited's latest turnover from July 2023 is estimated at £4.6 million and the company has net assets of £1.5 million. According to their latest financial statements, Ark Care Services Limited has 21 employees and maintains cash reserves of £526 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,069,513 | 1,064,965 | 1,058,645 | 1,028,960 | 814,771 | 720,919 | |||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| Cost Of Sales | 748,745 | 698,034 | 685,460 | 617,220 | 542,544 | 530,125 | |||||||||
| Gross Profit | 238,127 | 315,953 | 320,768 | 366,931 | 373,185 | 411,740 | 272,227 | 190,794 | |||||||
| Admin Expenses | 221,046 | 311,752 | 272,018 | 266,525 | 225,463 | 209,334 | 189,702 | 186,792 | |||||||
| Operating Profit | 17,081 | 4,201 | 48,750 | 100,406 | 147,722 | 202,406 | 82,525 | 4,002 | |||||||
| Interest Payable | 584 | 2,560 | 23,952 | 31,713 | 35,469 | 41,224 | 44,104 | 65,692 | |||||||
| Interest Receivable | 18 | 5 | 7 | 7 | 9 | 9 | 4 | 91 | |||||||
| Pre-Tax Profit | 16,515 | 1,646 | 24,805 | 68,700 | 112,262 | 163,036 | 40,283 | -61,599 | |||||||
| Tax | -9,639 | -7,008 | -4,361 | -21,947 | -33,209 | -39,679 | -11,554 | 0 | |||||||
| Profit After Tax | 6,876 | -5,362 | 20,444 | 46,753 | 79,053 | 123,357 | 28,729 | -61,599 | |||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Retained Profit | 6,876 | -5,362 | 20,444 | 46,753 | 79,053 | 123,357 | 28,729 | -61,599 | |||||||
| Employee Costs | 679,993 | 637,385 | 571,319 | 495,961 | 475,111 | ||||||||||
| Number Of Employees | 21 | 31 | 31 | 58 | 58 | 72 | 72 | ||||||||
| EBITDA* | 51,047 | 38,167 | 84,830 | 137,656 | 185,739 | 241,317 | 118,788 | 40,816 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 791,360 | 1,074,191 | 1,107,206 | 1,140,367 | 1,173,725 | 1,207,342 | 1,241,308 | 1,274,719 | 1,308,780 | 1,343,984 | 1,380,064 | 1,415,701 | 1,450,197 | 1,479,932 | 1,509,055 |
| Intangible Assets | 0 | 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 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 791,360 | 1,074,191 | 1,107,206 | 1,140,367 | 1,173,725 | 1,207,342 | 1,241,308 | 1,274,719 | 1,308,780 | 1,343,984 | 1,380,064 | 1,415,701 | 1,450,197 | 1,479,932 | 1,509,055 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 962,259 | 661,460 | 1,849 | 663,715 | 662,374 | 655,698 | 3,129 | 638,942 | 621,303 | 5,801 | 19,639 | 19,173 | 8,148 | 14,505 | 9,544 |
| Group Debtors | 0 | 0 | 660,681 | 0 | 0 | 0 | 640,381 | 0 | 0 | 648,181 | 649,781 | 699,500 | 685,000 | 674,000 | 674,000 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 526,042 | 154,594 | 154,522 | 87,931 | 6,859 | 10,656 | 5,508 | 17,393 | 4,405 | 47,064 | 30,969 | 18,111 | 22,180 | 41,834 | 7,047 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,488,301 | 816,054 | 817,052 | 751,646 | 669,233 | 666,354 | 649,018 | 656,335 | 625,708 | 701,046 | 700,389 | 736,784 | 715,328 | 730,339 | 690,591 |
| total assets | 2,279,661 | 1,890,245 | 1,924,258 | 1,892,013 | 1,842,958 | 1,873,696 | 1,890,326 | 1,931,054 | 1,934,488 | 2,045,030 | 2,080,453 | 2,152,485 | 2,165,525 | 2,210,271 | 2,199,646 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 127,362 | 0 | 0 | 123,182 | 123,182 | 123,182 | 125,776 | 125,457 | 126,052 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,072 | 4,343 | 7,777 | 0 | 0 | 0 |
| Trade Creditors | 812,312 | 790,167 | 4,265 | 829,395 | 778,675 | 816,289 | 24,411 | 680,783 | 657,700 | 14,294 | 13,465 | 7,611 | 17,358 | 9,192 | 8,514 |
| Group/Directors Accounts | 0 | 0 | 140,521 | 0 | 0 | 0 | 204,821 | 0 | 0 | 233,463 | 242,063 | 228,063 | 196,063 | 196,063 | 191,563 |
| other short term finances | 0 | 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 | 0 |
| other current liabilities | 0 | 0 | 678,725 | 0 | 0 | 0 | 412,091 | 0 | 0 | 264,006 | 198,609 | 224,689 | 237,395 | 309,490 | 229,339 |
| total current liabilities | 812,312 | 790,167 | 823,511 | 829,395 | 778,675 | 816,289 | 768,685 | 680,783 | 657,700 | 637,017 | 581,662 | 591,322 | 576,592 | 640,202 | 555,468 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 58,872 | 0 | 0 | 406,504 | 517,726 | 626,851 | 733,674 | 838,167 | 941,005 |
| hp & lease commitments | 0 | 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 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 177,601 | 293,055 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 58,872 | 177,601 | 293,055 | 406,504 | 517,726 | 626,851 | 733,674 | 838,167 | 941,005 |
| total liabilities | 812,312 | 790,167 | 823,511 | 829,395 | 778,675 | 816,289 | 827,557 | 858,384 | 950,755 | 1,043,521 | 1,099,388 | 1,218,173 | 1,310,266 | 1,478,369 | 1,496,473 |
| net assets | 1,467,349 | 1,100,078 | 1,100,747 | 1,062,618 | 1,064,283 | 1,057,407 | 1,062,769 | 1,072,670 | 983,733 | 1,001,509 | 981,065 | 934,312 | 855,259 | 731,902 | 703,173 |
| total shareholders funds | 1,467,349 | 1,100,078 | 1,100,747 | 1,062,618 | 1,064,283 | 1,057,407 | 1,062,769 | 1,072,670 | 983,733 | 1,001,509 | 981,065 | 934,312 | 855,259 | 731,902 | 703,173 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 17,081 | 4,201 | 48,750 | 100,406 | 147,722 | 202,406 | 82,525 | 4,002 | |||||||
| Depreciation | 12,821 | 33,015 | 33,161 | 33,358 | 33,966 | 33,966 | 34,430 | 34,709 | 35,204 | 36,080 | 37,250 | 38,017 | 38,911 | 36,263 | 36,814 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -9,639 | -7,008 | -4,361 | -21,947 | -33,209 | -39,679 | -11,554 | 0 | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 300,799 | -1,070 | -1,185 | 1,341 | 6,676 | 12,188 | 4,568 | 17,639 | -32,679 | -15,438 | -49,253 | 25,525 | 4,643 | 4,961 | 683,544 |
| Creditors | 22,145 | 785,902 | -825,130 | 50,720 | -37,614 | 791,878 | -656,372 | 23,083 | 643,406 | 829 | 5,854 | -9,747 | 8,166 | 678 | 8,514 |
| Accruals and Deferred Income | 0 | -678,725 | 678,725 | 0 | 0 | -412,091 | 412,091 | 0 | -264,006 | 65,397 | -26,080 | -12,706 | -72,095 | 80,151 | 229,339 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -2,882 | 398,758 | 162,133 | 144,736 | 104,552 | 133,066 | 183,102 | -404,875 | |||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,072 | -2,271 | -3,434 | 7,777 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -140,521 | 140,521 | 0 | 0 | -204,821 | 204,821 | 0 | -233,463 | -8,600 | 14,000 | 32,000 | 0 | 4,500 | 191,563 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | -58,872 | 58,872 | 0 | -406,504 | -111,222 | -109,125 | -106,823 | -104,493 | -102,838 | 941,005 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -177,601 | -115,454 | 293,055 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -566 | -2,555 | -23,945 | -31,706 | -35,460 | -41,215 | -44,100 | -65,601 | |||||||
| cash flow from financing | -566 | -266,248 | -146,038 | -130,265 | -102,506 | -145,708 | -142,438 | 1,831,739 | |||||||
| cash and cash equivalents | |||||||||||||||
| cash | 371,448 | 72 | 66,591 | 81,072 | -3,797 | 5,148 | -11,885 | 12,988 | -42,659 | 16,095 | 12,858 | -4,069 | -19,654 | 34,787 | 7,047 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -127,362 | 127,362 | 0 | -123,182 | 0 | 0 | -2,594 | 319 | -595 | 126,052 |
| change in cash | 371,448 | 72 | 66,591 | 81,072 | -3,797 | 132,510 | -139,247 | 12,988 | 80,523 | 16,095 | 12,858 | -1,475 | -19,973 | 35,382 | -119,005 |
ark care services limited Credit Report and Business Information
Ark Care Services Limited Competitor Analysis
Perform a competitor analysis for ark care services limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in E11 area or any other competitors across 12 key performance metrics.
ark care services limited Ownership
ARK CARE SERVICES LIMITED group structure
Ark Care Services Limited has no subsidiary companies.
Ultimate parent company
ARK CARE SERVICES LIMITED
03910965
ark care services limited directors
Ark Care Services Limited currently has 2 directors. The longest serving directors include Mr Taofik Ajisebutu (Jan 2000) and Mrs Abimbola Ajisebutu (Jan 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Taofik Ajisebutu | 59 years | Jan 2000 | - | Director | |
| Mrs Abimbola Ajisebutu | 53 years | Jan 2021 | - | Director |
P&L
July 2023turnover
4.6m
+10%
operating profit
472.7k
0%
gross margin
29.3%
+3.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
1.5m
+0.33%
total assets
2.3m
+0.21%
cash
526k
+2.4%
net assets
Total assets minus all liabilities
ark care services limited company details
company number
03910965
Type
Private limited with Share Capital
industry
87300 - Residential care activities for the elderly and disabled
incorporation date
January 2000
age
24
incorporated
UK
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
last accounts submitted
July 2023
address
33 southwest road, london, E11 4AW
accountant
-
auditor
-
ark care services 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 3 charges/mortgages relating to ark care services limited. Currently there are 0 open charges and 3 have been satisfied in the past.
ark care services limited Companies House Filings - See Documents
| date | description | view/download |
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