cherre residential care limited
cherre residential care limited Company Information
Company Number
04298419
Website
-Registered Address
9 stoughton road, oadby, leicester, leicestershire, LE2 4DS
Industry
Residential care activities for learning disabilities, mental health and substance abuse
Telephone
01162517567
Next Accounts Due
September 2024
Group Structure
View All
Directors
Hema Patel22 Years
Shareholders
hema malini patel 100%
cherre residential care limited Estimated Valuation
Pomanda estimates the enterprise value of CHERRE RESIDENTIAL CARE LIMITED at £2.6m based on a Turnover of £4m and 0.66x industry multiple (adjusted for size and gross margin).
cherre residential care limited Estimated Valuation
Pomanda estimates the enterprise value of CHERRE RESIDENTIAL CARE LIMITED at £845.9k based on an EBITDA of £210.3k and a 4.02x industry multiple (adjusted for size and gross margin).
cherre residential care limited Estimated Valuation
Pomanda estimates the enterprise value of CHERRE RESIDENTIAL CARE LIMITED at £14.4m based on Net Assets of £4.9m and 2.93x industry multiple (adjusted for liquidity).
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Cherre Residential Care Limited Overview
Cherre Residential Care Limited is a live company located in leicester, LE2 4DS with a Companies House number of 04298419. It operates in the residential care activities for mental difficulties, mental health and substance abuse sector, SIC Code 87200. Founded in October 2001, it's largest shareholder is hema malini patel with a 100% stake. Cherre Residential Care Limited is a mature, small sized company, Pomanda has estimated its turnover at £4m with declining growth in recent years.
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Cherre Residential Care Limited Health Check
Pomanda's financial health check has awarded Cherre Residential Care Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
2 Weak
Size
annual sales of £4m, make it larger than the average company (£2m)
- Cherre Residential Care Limited
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (4.7%)
- Cherre Residential Care Limited
4.7% - Industry AVG
Production
with a gross margin of 34.7%, this company has a comparable cost of product (34.7%)
- Cherre Residential Care Limited
34.7% - Industry AVG
Profitability
an operating margin of 5.1% make it less profitable than the average company (10.9%)
- Cherre Residential Care Limited
10.9% - Industry AVG
Employees
with 72 employees, this is above the industry average (51)
72 - Cherre Residential Care Limited
51 - Industry AVG
Pay Structure
on an average salary of £23.1k, the company has an equivalent pay structure (£23.1k)
- Cherre Residential Care Limited
£23.1k - Industry AVG
Efficiency
resulting in sales per employee of £55.3k, this is more efficient (£37.4k)
- Cherre Residential Care Limited
£37.4k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is near the average (20 days)
- Cherre Residential Care Limited
20 days - Industry AVG
Creditor Days
its suppliers are paid after 50 days, this is slower than average (9 days)
- Cherre Residential Care Limited
9 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cherre Residential Care Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 227 weeks, this is more cash available to meet short term requirements (33 weeks)
227 weeks - Cherre Residential Care Limited
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.4%, this is a lower level of debt than the average (44.9%)
12.4% - Cherre Residential Care Limited
44.9% - Industry AVG
CHERRE RESIDENTIAL CARE LIMITED financials
Cherre Residential Care Limited's latest turnover from December 2022 is estimated at £4 million and the company has net assets of £4.9 million. According to their latest financial statements, Cherre Residential Care Limited has 72 employees and maintains cash reserves of £3 million 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 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 72 | 76 | 72 | 72 | 35 | 25 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 901,189 | 886,621 | 890,705 | 873,468 | 874,089 | 869,819 | 868,638 | 868,695 | 872,480 | 882,842 | 898,340 | 908,338 | 876,499 | 866,161 |
| Intangible Assets | 126,500 | 126,500 | 126,500 | 126,500 | 126,500 | 126,500 | 126,500 | 126,500 | 126,500 | 126,500 | 126,500 | 126,500 | 126,500 | 126,500 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,000 |
| Debtors (Due After 1 year) | 858,268 | 858,268 | 858,268 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,885,957 | 1,871,389 | 1,875,473 | 999,968 | 1,000,589 | 996,319 | 995,138 | 995,195 | 998,980 | 1,009,342 | 1,024,840 | 1,034,838 | 1,002,999 | 995,661 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 212,149 | 254,471 | 173,714 | 397,867 | 1,713,476 | 142,243 | 1,348,884 | 1,325,235 | 1,042,683 | 980,470 | 579,116 | 489,499 | 19,576 | 18,614 |
| Group Debtors | 470,371 | 470,371 | 470,371 | 507,805 | 0 | 503,945 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 6,250 | 6,250 | 9,205 | 864,268 | 0 | 864,268 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 3,038,369 | 2,803,157 | 2,316,643 | 1,665,886 | 1,167,142 | 1,043,556 | 1,117,707 | 1,177,261 | 838,333 | 518,372 | 677,032 | 714,816 | 941,910 | 767,764 |
| misc current assets | 0 | 0 | 0 | 27,789 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,727,139 | 3,534,249 | 2,969,933 | 3,463,615 | 2,880,618 | 2,554,012 | 2,466,591 | 2,502,496 | 1,881,016 | 1,498,842 | 1,256,148 | 1,204,315 | 961,486 | 786,378 |
| total assets | 5,613,096 | 5,405,638 | 4,845,406 | 4,463,583 | 3,881,207 | 3,550,331 | 3,461,729 | 3,497,691 | 2,879,996 | 2,508,184 | 2,280,988 | 2,239,153 | 1,964,485 | 1,782,039 |
| 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 | 358,787 | 357,468 | 255,459 | 161,336 | 413,214 | 1,600 | 203,246 | 351,836 | 160,460 | 127,410 | 58,764 | 195,097 | 0 | 114,808 |
| Group/Directors Accounts | 0 | 0 | 0 | 17,994 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 445 | 0 | 2,334 | 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 | 334,545 | 374,090 | 327,667 | 364,068 | 0 | 264,712 | 0 | 0 | 0 | 0 | 0 | 0 | 138,093 | 0 |
| total current liabilities | 693,332 | 731,558 | 583,126 | 543,843 | 413,214 | 268,646 | 203,246 | 351,836 | 160,460 | 127,410 | 58,764 | 195,097 | 138,093 | 114,808 |
| loans | 0 | 0 | 0 | 0 | 0 | 86,770 | 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 |
| 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 | 140,844 | 201,986 | 253,408 | 303,832 | 353,266 | 403,080 | 446,248 | 495,670 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 86,770 | 140,844 | 201,986 | 253,408 | 303,832 | 353,266 | 403,080 | 446,248 | 495,670 |
| total liabilities | 693,332 | 731,558 | 583,126 | 543,843 | 413,214 | 355,416 | 344,090 | 553,822 | 413,868 | 431,242 | 412,030 | 598,177 | 584,341 | 610,478 |
| net assets | 4,919,764 | 4,674,080 | 4,262,280 | 3,919,740 | 3,467,993 | 3,194,915 | 3,117,639 | 2,943,869 | 2,466,128 | 2,076,942 | 1,868,958 | 1,640,976 | 1,380,144 | 1,171,561 |
| total shareholders funds | 4,919,764 | 4,674,080 | 4,262,280 | 3,919,740 | 3,467,993 | 3,194,915 | 3,117,639 | 2,943,869 | 2,466,128 | 2,076,942 | 1,868,958 | 1,640,976 | 1,380,144 | 1,171,561 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 9,182 | 4,084 | 4,996 | 1,295 | 1,530 | 57 | 57 | 4,234 | 10,362 | 15,498 | 15,498 | 14,673 | 15,254 | 11,661 |
| Amortisation | 0 | 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 | -42,322 | 77,802 | -258,382 | 56,464 | 203,020 | 161,572 | 23,649 | 282,552 | 62,213 | 401,354 | 89,617 | 469,923 | 962 | 18,614 |
| Creditors | 1,319 | 102,009 | 94,123 | -251,878 | 411,614 | -201,646 | -148,590 | 191,376 | 33,050 | 68,646 | -136,333 | 195,097 | -114,808 | 114,808 |
| Accruals and Deferred Income | -39,545 | 46,423 | -36,401 | 364,068 | -264,712 | 264,712 | 0 | 0 | 0 | 0 | 0 | -138,093 | 138,093 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | -3,000 | 3,000 |
| 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 | -17,994 | 17,994 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | -445 | 445 | -2,334 | 2,334 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | -86,770 | 86,770 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | -140,844 | -61,142 | -51,422 | -50,424 | -49,434 | -49,814 | -43,168 | -49,422 | 495,670 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 235,212 | 486,514 | 650,757 | 498,744 | 123,586 | -74,151 | -59,554 | 338,928 | 319,961 | -158,660 | -37,784 | -227,094 | 174,146 | 767,764 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 235,212 | 486,514 | 650,757 | 498,744 | 123,586 | -74,151 | -59,554 | 338,928 | 319,961 | -158,660 | -37,784 | -227,094 | 174,146 | 767,764 |
cherre residential care limited Credit Report and Business Information
Cherre Residential Care Limited Competitor Analysis
Perform a competitor analysis for cherre residential care limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
cherre residential care limited Ownership
CHERRE RESIDENTIAL CARE LIMITED group structure
Cherre Residential Care Limited has no subsidiary companies.
Ultimate parent company
CHERRE RESIDENTIAL CARE LIMITED
04298419
cherre residential care limited directors
Cherre Residential Care Limited currently has 1 director, Miss Hema Patel serving since Oct 2001.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Hema Patel | England | 52 years | Oct 2001 | - | Director |
P&L
December 2022turnover
4m
-14%
operating profit
201.1k
0%
gross margin
34.8%
-3.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
4.9m
+0.05%
total assets
5.6m
+0.04%
cash
3m
+0.08%
net assets
Total assets minus all liabilities
cherre residential care limited company details
company number
04298419
Type
Private limited with Share Capital
industry
87200 - Residential care activities for learning disabilities, mental health and substance abuse
incorporation date
October 2001
age
23
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
9 stoughton road, oadby, leicester, leicestershire, LE2 4DS
last accounts submitted
December 2022
cherre residential care 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 2 charges/mortgages relating to cherre residential care limited. Currently there are 2 open charges and 0 have been satisfied in the past.
cherre residential care limited Companies House Filings - See Documents
| date | description | view/download |
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