Residential care activities for the elderly and disabled
Registered Address
unit 8, oak tree court, mulberry drive, pontprennau, cardiff, CF23 8RS
Website
-
wellchime ltdEstimated Valuation
£4.3m
Pomanda estimates the enterprise value of WELLCHIME LTD at £4.3m based on a Turnover of £5.2m and 0.82x industry multiple (adjusted for size and gross margin).
wellchime ltdEstimated Valuation
£4.1m
Pomanda estimates the enterprise value of WELLCHIME LTD at £4.1m based on an EBITDA of £624.6k and a 6.49x industry multiple (adjusted for size and gross margin).
wellchime ltdEstimated Valuation
£2.7m
Pomanda estimates the enterprise value of WELLCHIME LTD at £2.7m based on Net Assets of £964.2k and 2.81x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Wellchime LtdOverview
Wellchime Ltd is a live company located in pontprennau, CF23 8RS with a Companies House number of 04256771. It operates in the residential care activities for the elderly and disabled sector, SIC Code 87300. Founded in July 2001, it's largest shareholder is
sanjiv joshi
with a 75% stake. Wellchime Ltd is a mature,
mid sized company, Pomanda has estimated its turnover at
£5.2m with
high
growth in recent years.
Pomanda's financial health check has awarded Wellchime Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
6 Strong
3 Regular
3 Weak
Size
annual sales of £5.2m, make it larger than the average company (£3.3m)
£5.2m - Wellchime Ltd
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (6.7%)
26% - Wellchime Ltd
6.7% - Industry AVG
Production
with a gross margin of 38.8%, this company has a comparable cost of product (38.8%)
38.8% - Wellchime Ltd
38.8% - Industry AVG
Profitability
an operating margin of 7.8% make it less profitable than the average company (10.6%)
7.8% - Wellchime Ltd
10.6% - Industry AVG
Employees
with 92 employees, this is above the industry average (74)
92 - Wellchime Ltd
74 - Industry AVG
Pay Structure
on an average salary of £24.3k, the company has an equivalent pay structure (£24.3k)
£24.3k - Wellchime Ltd
£24.3k - Industry AVG
Efficiency
resulting in sales per employee of £56.9k, this is more efficient (£40.8k)
£56.9k - Wellchime Ltd
£40.8k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is later than average (17 days)
35 days - Wellchime Ltd
17 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is slower than average (13 days)
18 days - Wellchime Ltd
13 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (0 days)
0 days - Wellchime Ltd
0 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4 weeks, this is less cash available to meet short term requirements (30 weeks)
4 weeks - Wellchime Ltd
30 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.6%, this is a similar level of debt than the average (44.5%)
45.6% - Wellchime Ltd
44.5% - Industry AVG
WELLCHIME LTD financials
EXPORT
Wellchime Ltd's latest turnover from March 2024 is estimated at £5.2 million and the company has net assets of £964.2 thousand. According to their latest financial statements, Wellchime Ltd has 92 employees and maintains cash reserves of £77 thousand 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
5,234,956
2,954,311
2,714,978
2,603,472
2,305,428
2,389,288
2,575,450
2,314,290
2,230,838
8,056,346
6,415,568
3,521,563
5,795,226
3,582,693
2,949,727
Other Income Or Grants
Cost Of Sales
3,203,911
1,818,437
1,685,135
1,629,698
1,405,280
1,427,698
1,535,220
1,366,795
1,336,666
4,747,201
3,735,007
2,048,036
3,373,629
2,091,675
1,735,338
Gross Profit
2,031,044
1,135,874
1,029,842
973,774
900,147
961,590
1,040,230
947,495
894,172
3,309,144
2,680,561
1,473,526
2,421,597
1,491,018
1,214,390
Admin Expenses
1,623,862
1,068,800
858,278
878,527
886,708
907,959
998,868
948,106
897,492
3,264,658
2,675,554
1,459,966
2,332,380
1,338,990
1,121,920
Operating Profit
407,182
67,074
171,564
95,247
13,439
53,631
41,362
-611
-3,320
44,486
5,007
13,560
89,217
152,028
92,470
Interest Payable
Interest Receivable
6,790
6,109
855
138
145
754
404
174
158
161
197
209
205
183
101
Pre-Tax Profit
413,972
73,183
172,419
95,385
13,584
54,385
41,767
-437
-3,162
44,647
5,204
13,768
89,422
152,211
92,571
Tax
-103,493
-13,905
-32,760
-18,123
-2,581
-10,333
-7,936
-9,376
-1,197
-3,304
-23,250
-42,619
-25,920
Profit After Tax
310,479
59,278
139,659
77,262
11,003
44,052
33,831
-437
-3,162
35,271
4,007
10,464
66,172
109,592
66,651
Dividends Paid
Retained Profit
310,479
59,278
139,659
77,262
11,003
44,052
33,831
-437
-3,162
35,271
4,007
10,464
66,172
109,592
66,651
Employee Costs
2,231,272
2,079,857
1,841,988
2,026,958
1,751,889
1,821,546
1,916,994
1,696,461
1,489,067
4,600,225
3,725,743
2,061,017
3,388,146
2,150,182
1,762,556
Number Of Employees
92
92
87
101
91
99
110
101
95
299
248
138
230
146
120
EBITDA*
624,619
266,857
362,052
243,475
202,275
167,509
154,530
107,057
103,622
151,467
111,447
109,261
186,318
239,263
144,762
* 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
915,588
841,269
820,409
659,881
446,631
352,078
398,939
425,908
471,331
524,826
564,796
589,908
636,933
558,597
287,292
Intangible Assets
Investments & Other
3
3
3
Debtors (Due After 1 year)
Total Fixed Assets
915,591
841,272
820,412
659,881
446,631
352,078
398,939
425,908
471,331
524,826
564,796
589,908
636,933
558,597
287,292
Stock & work in progress
2,100
2,100
2,100
2,100
2,100
2,100
2,100
2,100
2,100
2,100
2,100
2,050
2,000
2,050
2,050
Trade Debtors
513,278
141,670
106,218
97,085
66,688
80,683
91,021
92,064
103,422
334,859
220,546
62,296
131,774
56,772
68,814
Group Debtors
Misc Debtors
262,772
273,397
437,058
82,665
397,326
191,041
148,872
154,484
110,922
Cash
77,035
181,648
105,824
122,120
154,398
135,438
65,586
96,126
42,836
20,351
44,110
34,489
48,965
33,002
40,227
misc current assets
total current assets
855,185
598,815
651,200
303,970
620,512
409,262
307,579
344,774
259,280
357,310
266,756
98,835
182,739
91,824
111,091
total assets
1,770,776
1,440,087
1,471,612
963,851
1,067,143
761,340
706,518
770,682
730,611
882,136
831,552
688,743
819,672
650,421
398,383
Bank overdraft
Bank loan
Trade Creditors
165,234
99,843
152,595
67,120
129,680
82,703
68,364
65,405
81,801
589,879
574,566
435,764
577,157
474,078
331,632
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
641,320
686,501
626,360
311,063
559,919
312,096
315,665
416,619
359,715
total current liabilities
806,554
786,344
778,955
378,183
689,599
394,799
384,029
482,024
441,516
589,879
574,566
435,764
577,157
474,078
331,632
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
98,192
130,862
provisions
total long term liabilities
98,192
130,862
total liabilities
806,554
786,344
877,147
509,045
689,599
394,799
384,029
482,024
441,516
589,879
574,566
435,764
577,157
474,078
331,632
net assets
964,222
653,743
594,465
454,806
377,544
366,541
322,489
288,658
289,095
292,257
256,986
252,979
242,515
176,343
66,751
total shareholders funds
964,222
653,743
594,465
454,806
377,544
366,541
322,489
288,658
289,095
292,257
256,986
252,979
242,515
176,343
66,751
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
407,182
67,074
171,564
95,247
13,439
53,631
41,362
-611
-3,320
44,486
5,007
13,560
89,217
152,028
92,470
Depreciation
217,437
199,783
190,488
148,228
188,836
113,878
113,168
107,668
106,942
106,981
106,440
95,701
97,101
87,235
52,292
Amortisation
Tax
-103,493
-13,905
-32,760
-18,123
-2,581
-10,333
-7,936
-9,376
-1,197
-3,304
-23,250
-42,619
-25,920
Stock
50
50
-50
2,050
Debtors
360,983
-128,209
363,526
-284,264
192,290
31,831
-6,655
32,204
-120,515
114,313
158,250
-69,478
75,002
-12,042
68,814
Creditors
65,391
-52,752
85,475
-62,560
46,977
14,339
2,959
-16,396
-508,078
15,313
138,802
-141,393
103,079
142,446
331,632
Accruals and Deferred Income
-45,181
60,141
315,297
-248,856
247,823
-3,569
-100,954
56,904
359,715
Deferred Taxes & Provisions
Cash flow from operations
180,353
388,550
366,538
198,200
302,204
136,115
55,254
115,361
75,774
43,091
90,752
33,992
191,195
351,132
379,610
Investing Activities
capital expenditure
-291,756
-220,643
-351,016
-361,478
-283,389
-67,017
-86,199
-62,245
-53,447
-67,011
-81,328
-48,676
-175,437
-358,540
-339,584
Change in Investments
3
cash flow from investments
-291,756
-220,643
-351,019
-361,478
-283,389
-67,017
-86,199
-62,245
-53,447
-67,011
-81,328
-48,676
-175,437
-358,540
-339,584
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-98,192
-32,670
130,862
share issue
100
interest
6,790
6,109
855
138
145
754
404
174
158
161
197
209
205
183
101
cash flow from financing
6,790
-92,083
-31,815
131,000
145
754
404
174
158
161
197
209
205
183
201
cash and cash equivalents
cash
-104,613
75,824
-16,296
-32,278
18,960
69,852
-30,540
53,290
22,485
-23,759
9,621
-14,476
15,963
-7,225
40,227
overdraft
change in cash
-104,613
75,824
-16,296
-32,278
18,960
69,852
-30,540
53,290
22,485
-23,759
9,621
-14,476
15,963
-7,225
40,227
wellchime 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 wellchime ltd. Get real-time insights into wellchime ltd's credit score, group structure and payment trends.
Perform a competitor analysis for wellchime ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other mid companies, companies in CF23 area or any other competitors across 12 key performance metrics.
87300 - Residential care activities for the elderly and disabled
incorporation date
July 2001
age
24
incorporated
UK
ultimate parent company
BENTINA LTD
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
unit 8, oak tree court, mulberry drive, pontprennau, cardiff, CF23 8RS
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
wellchime ltd 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 2 charges/mortgages relating to wellchime ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
wellchime 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.
Click to start generating capital raising & share issue transactions for WELLCHIME LTD. This can take several minutes, an email will notify you when this has completed.
wellchime ltdCompanies House Filings - See Documents
