easycare limited

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easycare limited Company Information

Share EASYCARE LIMITED

Company Number

04144126

Shareholders

irfan butt

niala butt

Group Structure

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Industry

Social work activities without accommodation for the elderly and disabled

 

Registered Address

n c rowlinson & co, downs court business centre, altrinchan, cheshire, WA14 2QD

easycare limited Estimated Valuation

£664.5k

Pomanda estimates the enterprise value of EASYCARE LIMITED at £664.5k based on a Turnover of £1.2m and 0.57x industry multiple (adjusted for size and gross margin).

easycare limited Estimated Valuation

£0

Pomanda estimates the enterprise value of EASYCARE LIMITED at £0 based on an EBITDA of £-22.8k and a 5.44x industry multiple (adjusted for size and gross margin).

easycare limited Estimated Valuation

£891.1k

Pomanda estimates the enterprise value of EASYCARE LIMITED at £891.1k based on Net Assets of £282.9k and 3.15x industry multiple (adjusted for liquidity).

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Easycare Limited Overview

Easycare Limited is a live company located in altrinchan, WA14 2QD with a Companies House number of 04144126. It operates in the social work activities without accommodation for the elderly and disabled sector, SIC Code 88100. Founded in January 2001, it's largest shareholder is irfan butt with a 50% stake. Easycare Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.2m with declining growth in recent years.

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Easycare Limited Health Check

Pomanda's financial health check has awarded Easycare Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £1.2m, make it larger than the average company (£499.8k)

£1.2m - Easycare Limited

£499.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -36%, show it is growing at a slower rate (3.7%)

-36% - Easycare Limited

3.7% - Industry AVG

production

Production

with a gross margin of 34.5%, this company has a comparable cost of product (34.5%)

34.5% - Easycare Limited

34.5% - Industry AVG

profitability

Profitability

an operating margin of -2.2% make it less profitable than the average company (2%)

-2.2% - Easycare Limited

2% - Industry AVG

employees

Employees

with 40 employees, this is above the industry average (17)

40 - Easycare Limited

17 - Industry AVG

paystructure

Pay Structure

on an average salary of £20.5k, the company has an equivalent pay structure (£20.5k)

£20.5k - Easycare Limited

£20.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £29.4k, this is equally as efficient (£29.4k)

£29.4k - Easycare Limited

£29.4k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Easycare Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Easycare Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Easycare Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (209 weeks)

2 weeks - Easycare Limited

209 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 42.7%, this is a higher level of debt than the average (13.9%)

42.7% - Easycare Limited

13.9% - Industry AVG

EASYCARE LIMITED financials

EXPORTms excel logo

Easycare Limited's latest turnover from January 2024 is estimated at £1.2 million and the company has net assets of £282.9 thousand. According to their latest financial statements, Easycare Limited has 40 employees and maintains cash reserves of £10.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover1,175,980315,6944,950,6884,582,9683,317,0043,188,2372,880,6493,080,8132,331,3122,406,7752,180,6942,571,1353,985,7803,055,0814,006,576
Other Income Or Grants000000000000000
Cost Of Sales769,946215,9343,370,7703,071,4732,257,9332,299,5542,113,3922,225,8801,657,9951,652,4121,409,1951,733,0112,625,2071,900,5802,277,811
Gross Profit406,03499,7601,579,9181,511,4961,059,071888,683767,256854,933673,317754,364771,499838,1231,360,5731,154,5011,728,766
Admin Expenses431,446145,0651,552,3201,444,7521,041,799888,683725,666855,016679,676733,728803,127817,9061,338,3091,160,7091,413,185
Operating Profit-25,412-45,30527,59866,74417,272041,590-83-6,35920,636-31,62820,21722,264-6,208315,581
Interest Payable3,6781,6670000000000000
Interest Receivable5752030000088384284479552404742487
Pre-Tax Profit-28,515-46,76827,59866,74417,272041,5905-5,97520,920-31,14920,76822,668-5,466316,068
Tax00-5,244-12,681-3,2820-7,902-10-4,3930-4,984-5,8940-88,499
Profit After Tax-28,515-46,76822,35454,06313,990033,6884-5,97516,527-31,14915,78416,774-5,466227,569
Dividends Paid000000000000000
Retained Profit-28,515-46,76822,35454,06313,990033,6884-5,97516,527-31,14915,78416,774-5,466227,569
Employee Costs819,460191,778185,369868,777850,3772,096,1521,878,3992,014,7831,481,1621,557,9961,387,1151,623,9402,502,5191,979,9412,384,052
Number Of Employees401010505012611312088908195145116147
EBITDA*-22,781-45,30527,59866,74417,272041,590-83-5,73341,236-25,77426,07028,118-2,750319,039

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets4,0994,82226,78147,84053,74955,08055,08019,080013,22621,62627,48033,33337,94518,685
Intangible Assets17,17219,08000000019,08019,08019,08019,08019,08019,08019,080
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets21,27123,90226,78147,84053,74955,08055,08019,08019,08032,30640,70646,56052,41357,02537,765
Stock & work in progress000000000000000
Trade Debtors022,574553,239486,950330,742245,224245,224248,974178,495166,076194,881119,399223,056175,113183,636
Group Debtors000000000000000
Misc Debtors450,250450,2500000000000000
Cash10,28811,62500000070,47983,20330,354161,10959,587101,965194,976
misc current assets11,68300000000000000
total current assets472,221484,449553,239486,950330,742245,224245,224248,974248,974249,279225,235280,508282,643277,078378,612
total assets493,492508,351580,020534,790384,491300,304300,304268,054268,054281,585265,941327,068335,056334,103416,377
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 00172,571148,981102,74532,54832,54833,98633,98641,54242,42572,40396,175111,996188,804
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities180,303161,8640000000000000
total current liabilities180,303161,864172,571148,981102,74532,54832,54833,98633,98641,54242,42572,40396,175111,996188,804
loans30,30335,0880000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income004,800000000000000
other liabilities0044,48650,00000000000000
provisions000000000000000
total long term liabilities30,30335,08849,28650,00000000000000
total liabilities210,606196,952221,857198,981102,74532,54832,54833,98633,98641,54242,42572,40396,175111,996188,804
net assets282,886311,399358,163335,809281,746267,756267,756234,068234,068240,043223,516254,665238,881222,107227,573
total shareholders funds282,886311,399358,163335,809281,746267,756267,756234,068234,068240,043223,516254,665238,881222,107227,573
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit-25,412-45,30527,59866,74417,272041,590-83-6,35920,636-31,62820,21722,264-6,208315,581
Depreciation723000000062620,6005,8545,8535,8543,4583,458
Amortisation1,90800000000000000
Tax00-5,244-12,681-3,2820-7,902-10-4,3930-4,984-5,8940-88,499
Stock000000000000000
Debtors-22,574-80,41566,289156,20885,5180-3,75070,47912,419-28,80575,482-103,65747,943-8,523183,636
Creditors0-172,57123,59046,23670,1970-1,4380-7,556-883-29,978-23,772-15,821-76,808188,804
Accruals and Deferred Income18,439157,0644,800000000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations18,23219,603-15,545-55,909-1,331036,000-70,563-25,70864,765-131,234100,971-41,540-71,035235,708
Investing Activities
capital expenditure02,87921,0595,9091,3310-36,000012,600-12,20000-1,242-22,718-41,223
Change in Investments000000000000000
cash flow from investments02,87921,0595,9091,3310-36,000012,600-12,20000-1,242-22,718-41,223
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans-4,78535,0880000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities0-44,486-5,51450,00000000000000
share issue2400000-40000004
interest-3,103-1,4640000088384284479552404742487
cash flow from financing-7,886-10,858-5,51450,00000084384284479552404742491
cash and cash equivalents
cash-1,33711,62500000-70,479-12,72452,849-130,755101,522-42,378-93,011194,976
overdraft000000000000000
change in cash-1,33711,62500000-70,479-12,72452,849-130,755101,522-42,378-93,011194,976

easycare limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Easycare Limited Competitor Analysis

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Perform a competitor analysis for easycare limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in WA14 area or any other competitors across 12 key performance metrics.

easycare limited Ownership

EASYCARE LIMITED group structure

Easycare Limited has 1 subsidiary company.

Ultimate parent company

EASYCARE LIMITED

04144126

1 subsidiary

EASYCARE LIMITED Shareholders

irfan butt 50%
niala butt 50%

easycare limited directors

Easycare Limited currently has 2 directors. The longest serving directors include Mrs Niala Butt (Jan 2001) and Mr Irfan Butt (Aug 2020).

officercountryagestartendrole
Mrs Niala ButtUnited Kingdom56 years Jan 2001- Director
Mr Irfan ButtEngland55 years Aug 2020- Director

P&L

January 2024

turnover

1.2m

+273%

operating profit

-25.4k

0%

gross margin

34.6%

+9.26%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2024

net assets

282.9k

-0.09%

total assets

493.5k

-0.03%

cash

10.3k

-0.12%

net assets

Total assets minus all liabilities

easycare limited company details

company number

04144126

Type

Private limited with Share Capital

industry

88100 - Social work activities without accommodation for the elderly and disabled

incorporation date

January 2001

age

24

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

-

address

n c rowlinson & co, downs court business centre, altrinchan, cheshire, WA14 2QD

Bank

-

Legal Advisor

-

easycare 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 1 charges/mortgages relating to easycare limited. Currently there are 1 open charges and 0 have been satisfied in the past.

easycare limited 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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easycare limited Companies House Filings - See Documents

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