healthcare support (newcastle) limited
healthcare support (newcastle) limited Company Information
Company Number
04401832
Next Accounts
Sep 2025
Shareholders
healthcare support newcastle holdings ltd
Group Structure
View All
Industry
Construction of commercial buildings
Registered Address
1 park row, leeds, LS1 5AB
Website
https://www.laing.comhealthcare support (newcastle) limited Estimated Valuation
Pomanda estimates the enterprise value of HEALTHCARE SUPPORT (NEWCASTLE) LIMITED at £26.6m based on a Turnover of £22.5m and 1.18x industry multiple (adjusted for size and gross margin).
healthcare support (newcastle) limited Estimated Valuation
Pomanda estimates the enterprise value of HEALTHCARE SUPPORT (NEWCASTLE) LIMITED at £111m based on an EBITDA of £9m and a 12.33x industry multiple (adjusted for size and gross margin).
healthcare support (newcastle) limited Estimated Valuation
Pomanda estimates the enterprise value of HEALTHCARE SUPPORT (NEWCASTLE) LIMITED at £20.8m based on Net Assets of £13.7m and 1.51x industry multiple (adjusted for liquidity).
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Healthcare Support (newcastle) Limited Overview
Healthcare Support (newcastle) Limited is a live company located in leeds, LS1 5AB with a Companies House number of 04401832. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in March 2002, it's largest shareholder is healthcare support newcastle holdings ltd with a 100% stake. Healthcare Support (newcastle) Limited is a mature, large sized company, Pomanda has estimated its turnover at £22.5m with healthy growth in recent years.
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Healthcare Support (newcastle) Limited Health Check
Pomanda's financial health check has awarded Healthcare Support (Newcastle) Limited a 4 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
6 Strong
1 Regular
3 Weak
Size
annual sales of £22.5m, make it larger than the average company (£12.1m)
£22.5m - Healthcare Support (newcastle) Limited
£12.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (7.6%)
12% - Healthcare Support (newcastle) Limited
7.6% - Industry AVG
Production
with a gross margin of 64.4%, this company has a lower cost of product (15.7%)
64.4% - Healthcare Support (newcastle) Limited
15.7% - Industry AVG
Profitability
an operating margin of 40% make it more profitable than the average company (4.5%)
40% - Healthcare Support (newcastle) Limited
4.5% - Industry AVG
Employees
with 63 employees, this is above the industry average (33)
- Healthcare Support (newcastle) Limited
33 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Healthcare Support (newcastle) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £357.8k, this is equally as efficient (£362.1k)
- Healthcare Support (newcastle) Limited
£362.1k - Industry AVG
Debtor Days
it gets paid by customers after 120 days, this is later than average (46 days)
120 days - Healthcare Support (newcastle) Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 218 days, this is slower than average (39 days)
218 days - Healthcare Support (newcastle) Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Healthcare Support (newcastle) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (21 weeks)
4 weeks - Healthcare Support (newcastle) Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97%, this is a higher level of debt than the average (68%)
97% - Healthcare Support (newcastle) Limited
68% - Industry AVG
HEALTHCARE SUPPORT (NEWCASTLE) LIMITED financials
Healthcare Support (Newcastle) Limited's latest turnover from December 2023 is £22.5 million and the company has net assets of £13.7 million. According to their latest financial statements, we estimate that Healthcare Support (Newcastle) Limited has 63 employees and maintains cash reserves of £34.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 22,540,000 | 18,732,000 | 18,029,000 | 15,900,000 | 13,548,000 | 13,981,000 | 16,710,000 | 15,078,000 | 14,247,000 | 10,969,000 | 14,020,000 | 13,085,000 | 18,263,246 | 32,282,686 | 18,647,110 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 8,021,000 | 7,155,000 | 5,769,000 | 11,485,000 | 9,760,000 | 8,100,000 | 11,147,000 | 12,823,000 | 12,979,000 | 9,913,000 | 11,018,000 | 9,583,000 | 16,040,513 | 29,204,737 | 16,547,231 |
| Gross Profit | 14,519,000 | 11,577,000 | 12,260,000 | 4,415,000 | 3,788,000 | 5,881,000 | 5,563,000 | 2,255,000 | 1,268,000 | 1,056,000 | 3,002,000 | 3,502,000 | 2,222,733 | 3,077,949 | 2,099,879 |
| Admin Expenses | 5,513,000 | 4,430,000 | 5,934,000 | ||||||||||||
| Operating Profit | 9,006,000 | 7,147,000 | 6,326,000 | 3,002,000 | 3,502,000 | 2,222,733 | 3,077,949 | 2,099,879 | |||||||
| Interest Payable | 53,958,000 | 49,351,000 | 21,715,000 | 17,186,000 | 22,653,000 | 23,600,000 | 23,841,000 | 17,854,000 | 16,441,000 | 22,032,000 | 23,082,000 | 24,760,000 | 30,782,783 | 29,020,743 | 5,385,966 |
| Interest Receivable | 43,672,000 | 41,971,000 | 19,548,000 | 15,840,000 | 20,891,000 | 22,358,000 | 23,196,000 | 16,478,000 | 14,059,000 | 19,015,000 | 20,748,000 | 23,006,000 | 31,248,124 | 24,350,783 | 14,224,333 |
| Pre-Tax Profit | -1,280,000 | -233,000 | 4,159,000 | 3,069,000 | 2,026,000 | 4,639,000 | 4,918,000 | 879,000 | -1,114,000 | -1,961,000 | 668,000 | 1,748,000 | 2,688,074 | -1,592,011 | 9,964,003 |
| Tax | 301,000 | 44,000 | -790,000 | -583,000 | -385,000 | -874,000 | -942,000 | -206,000 | 195,000 | 422,000 | -144,000 | -20,000 | -1,121,287 | 427,355 | -2,781,982 |
| Profit After Tax | -979,000 | -189,000 | 3,369,000 | 2,486,000 | 1,641,000 | 3,765,000 | 3,976,000 | 673,000 | -919,000 | -1,539,000 | 524,000 | 1,728,000 | 1,566,787 | -1,164,656 | 7,182,021 |
| Dividends Paid | 3,799,000 | 1,254,000 | 1,254,000 | 1,298,561 | 3,455,997 | ||||||||||
| Retained Profit | -979,000 | -189,000 | 3,369,000 | 2,486,000 | 1,641,000 | 3,765,000 | 177,000 | 673,000 | -919,000 | -2,793,000 | 524,000 | 474,000 | 268,226 | -4,620,653 | 7,182,021 |
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | 9,006,000 | 7,147,000 | 6,326,000 | 3,002,000 | 3,502,000 | 2,222,733 | 3,077,949 | 2,099,879 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 359,547,000 | 342,969,000 | 324,496,000 | 327,242,000 | 305,542,000 | 311,924,000 | 317,939,000 | 323,609,000 | 328,998,000 | 283,219,000 | 284,417,000 | 287,179,000 | 294,355,672 | 344,151,826 | 323,752,212 |
| Total Fixed Assets | 359,547,000 | 342,969,000 | 324,496,000 | 327,242,000 | 305,542,000 | 311,924,000 | 317,939,000 | 323,609,000 | 328,998,000 | 283,219,000 | 284,417,000 | 287,179,000 | 294,355,672 | 344,151,826 | 323,752,212 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 7,430,000 | 6,369,000 | 2,050,000 | 1,103,000 | 5,221,000 | 1,535,000 | 487,000 | 4,618,000 | 32,584,000 | 61,436,000 | 64,133,000 | 557,009 | 429,284 | 157,808 | |
| Group Debtors | 29,846,121 | ||||||||||||||
| Misc Debtors | 48,084,000 | 10,216,000 | 8,462,000 | 7,911,000 | 37,289,000 | 57,613,000 | 50,230,000 | 41,692,000 | 44,070,000 | 66,638,000 | 40,801,000 | 38,768,000 | 64,949,794 | 40,536,677 | 3,181,088 |
| Cash | 34,828,000 | 62,860,000 | 54,721,000 | 50,370,000 | 46,130,000 | 16,452,000 | 12,842,000 | 18,775,000 | 25,371,000 | 25,676,000 | 15,915,000 | 10,623,000 | 7,092,805 | 9,614,153 | 51,422,490 |
| misc current assets | 10,265,523 | ||||||||||||||
| total current assets | 90,342,000 | 79,445,000 | 65,233,000 | 59,384,000 | 88,640,000 | 75,600,000 | 63,072,000 | 60,954,000 | 74,059,000 | 124,898,000 | 118,152,000 | 113,524,000 | 112,711,252 | 50,580,114 | 54,761,386 |
| total assets | 449,889,000 | 422,414,000 | 389,729,000 | 386,626,000 | 394,182,000 | 387,524,000 | 381,011,000 | 384,563,000 | 403,057,000 | 408,117,000 | 402,569,000 | 400,703,000 | 407,066,924 | 394,731,940 | 378,513,598 |
| Bank overdraft | 368,106,000 | 345,327,000 | 324,855,000 | 330,050,000 | |||||||||||
| Bank loan | 342,749,000 | 344,497,000 | 12,532,000 | 8,757,000 | 11,992,000 | 11,537,000 | 11,138,000 | 11,629,120 | 10,351,977 | 12,943,513 | |||||
| Trade Creditors | 4,798,000 | 4,407,000 | 1,318,000 | 857,000 | 3,896,000 | 1,165,000 | 176,000 | 1,003,000 | 3,719,000 | 2,966,000 | 508,000 | 1,639,000 | 837,713 | 5,983,471 | 689,843 |
| Group/Directors Accounts | 52,935,000 | 48,382,000 | 43,133,000 | 39,124,000 | 374,845,000 | 31,949,000 | 28,676,000 | 7,629,000 | 14,681,000 | 10,535,000 | 5,105,000 | 2,192,000 | 207,943 | 890,391 | 304,607 |
| other short term finances | 2,112,000 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 10,326,000 | 9,595,000 | 5,531,000 | 5,072,000 | 6,404,000 | 4,265,000 | 4,031,000 | 2,896,000 | 1,663,000 | 5,256,000 | 4,937,000 | 4,787,000 | 5,738,643 | 6,130,853 | 21,134,228 |
| total current liabilities | 436,165,000 | 407,711,000 | 374,837,000 | 375,103,000 | 385,145,000 | 380,128,000 | 377,380,000 | 24,060,000 | 30,932,000 | 30,749,000 | 22,087,000 | 19,756,000 | 18,413,419 | 23,356,692 | 35,072,191 |
| loans | 356,871,000 | 368,243,000 | 373,667,000 | 376,497,000 | 377,486,000 | 385,666,335 | 368,656,304 | 336,089,916 | |||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 11,894 | ||||||||||||||
| provisions | 178,000 | 1,100,000 | |||||||||||||
| total long term liabilities | 357,049,000 | 369,343,000 | 373,667,000 | 376,497,000 | 377,486,000 | 385,666,335 | 368,656,304 | 336,101,810 | |||||||
| total liabilities | 436,165,000 | 407,711,000 | 374,837,000 | 375,103,000 | 385,145,000 | 380,128,000 | 377,380,000 | 381,109,000 | 400,275,000 | 404,416,000 | 398,584,000 | 397,242,000 | 404,079,754 | 392,012,996 | 371,174,001 |
| net assets | 13,724,000 | 14,703,000 | 14,892,000 | 11,523,000 | 9,037,000 | 7,396,000 | 3,631,000 | 3,454,000 | 2,782,000 | 3,701,000 | 3,985,000 | 3,461,000 | 2,987,170 | 2,718,944 | 7,339,597 |
| total shareholders funds | 13,724,000 | 14,703,000 | 14,892,000 | 11,523,000 | 9,037,000 | 7,396,000 | 3,631,000 | 3,454,000 | 2,782,000 | 3,701,000 | 3,985,000 | 3,461,000 | 2,987,170 | 2,718,944 | 7,339,597 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 9,006,000 | 7,147,000 | 6,326,000 | 3,002,000 | 3,502,000 | 2,222,733 | 3,077,949 | 2,099,879 | |||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | 301,000 | 44,000 | -790,000 | -583,000 | -385,000 | -874,000 | -942,000 | -206,000 | 195,000 | 422,000 | -144,000 | -20,000 | -1,121,287 | 427,355 | -2,781,982 |
| Stock | |||||||||||||||
| Debtors | 55,507,000 | 24,546,000 | -1,248,000 | -11,796,000 | -23,020,000 | 2,903,000 | 2,381,000 | -11,898,000 | -4,755,000 | -4,213,000 | -3,426,000 | 371,404 | 4,590,809 | 58,026,679 | 327,091,108 |
| Creditors | 391,000 | 3,089,000 | 461,000 | -3,039,000 | 2,731,000 | 989,000 | -827,000 | -2,716,000 | 753,000 | 2,458,000 | -1,131,000 | 801,287 | -5,145,758 | 5,293,628 | 689,843 |
| Accruals and Deferred Income | 731,000 | 4,064,000 | 459,000 | -1,332,000 | 2,139,000 | 234,000 | 1,135,000 | 1,233,000 | -3,593,000 | 319,000 | 150,000 | -951,643 | -392,210 | -15,003,375 | 21,134,228 |
| Deferred Taxes & Provisions | -178,000 | -922,000 | 1,100,000 | ||||||||||||
| Cash flow from operations | -45,078,000 | -10,202,000 | 7,704,000 | 5,303,000 | 2,960,240 | -9,027,331 | -64,231,122 | -305,949,140 | |||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -342,749,000 | -1,748,000 | 331,965,000 | 3,775,000 | -3,235,000 | 455,000 | 399,000 | -491,120 | 1,277,143 | -2,591,536 | 12,943,513 | ||||
| Group/Directors Accounts | 4,553,000 | 5,249,000 | 4,009,000 | -335,721,000 | 342,896,000 | 3,273,000 | 21,047,000 | -7,052,000 | 4,146,000 | 5,430,000 | 2,913,000 | 1,984,057 | -682,448 | 585,784 | 304,607 |
| Other Short Term Loans | -2,112,000 | 2,112,000 | |||||||||||||
| Long term loans | -356,871,000 | -11,372,000 | -5,424,000 | -2,830,000 | -989,000 | -8,180,335 | 17,010,031 | 32,566,388 | 336,089,916 | ||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -11,894 | 11,894 | |||||||||||||
| share issue | |||||||||||||||
| interest | -10,286,000 | -7,380,000 | -2,167,000 | -1,346,000 | -1,762,000 | -1,242,000 | -645,000 | -1,376,000 | -2,382,000 | -3,017,000 | -2,334,000 | -1,754,000 | 465,341 | -4,669,960 | 8,838,367 |
| cash flow from financing | -5,733,000 | -2,131,000 | 1,842,000 | -337,067,000 | -1,615,000 | 283,000 | -4,504,000 | -18,138,000 | -4,783,000 | 2,547,000 | -11,000 | -8,441,568 | 18,070,067 | 25,878,782 | 358,345,873 |
| cash and cash equivalents | |||||||||||||||
| cash | -28,032,000 | 8,139,000 | 4,351,000 | 4,240,000 | 29,678,000 | 3,610,000 | -5,933,000 | -6,596,000 | -305,000 | 9,761,000 | 5,292,000 | 3,530,195 | -2,521,348 | -41,808,337 | 51,422,490 |
| overdraft | 22,779,000 | 20,472,000 | -5,195,000 | 330,050,000 | |||||||||||
| change in cash | -50,811,000 | -12,333,000 | 9,546,000 | -325,810,000 | 29,678,000 | 3,610,000 | -5,933,000 | -6,596,000 | -305,000 | 9,761,000 | 5,292,000 | 3,530,195 | -2,521,348 | -41,808,337 | 51,422,490 |
healthcare support (newcastle) limited Credit Report and Business Information
Healthcare Support (newcastle) Limited Competitor Analysis
Perform a competitor analysis for healthcare support (newcastle) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in LS1 area or any other competitors across 12 key performance metrics.
healthcare support (newcastle) limited Ownership
HEALTHCARE SUPPORT (NEWCASTLE) LIMITED group structure
Healthcare Support (Newcastle) Limited has no subsidiary companies.
Ultimate parent company
2 parents
HEALTHCARE SUPPORT (NEWCASTLE) LIMITED
04401832
healthcare support (newcastle) limited directors
Healthcare Support (Newcastle) Limited currently has 4 directors. The longest serving directors include Mr Alastair Watson (Apr 2016) and Mrs Gaynor Birley-Smith (Jan 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alastair Watson | United Kingdom | 51 years | Apr 2016 | - | Director |
| Mrs Gaynor Birley-Smith | United Kingdom | 58 years | Jan 2017 | - | Director |
| Mr John Gordon | United Kingdom | 62 years | Apr 2019 | - | Director |
| Mr John McDonagh | England | 55 years | Apr 2023 | - | Director |
P&L
December 2023turnover
22.5m
+20%
operating profit
9m
+26%
gross margin
64.5%
+4.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
13.7m
-0.07%
total assets
449.9m
+0.07%
cash
34.8m
-0.45%
net assets
Total assets minus all liabilities
healthcare support (newcastle) limited company details
company number
04401832
Type
Private limited with Share Capital
industry
41201 - Construction of commercial buildings
incorporation date
March 2002
age
23
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
laing investments utilities holdings limited (October 2003)
accountant
-
auditor
BDO LLP
address
1 park row, leeds, LS1 5AB
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
healthcare support (newcastle) 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 healthcare support (newcastle) limited. Currently there are 2 open charges and 1 have been satisfied in the past.
healthcare support (newcastle) 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.
Click to start generating capital raising & share issue transactions for HEALTHCARE SUPPORT (NEWCASTLE) LIMITED. This can take several minutes, an email will notify you when this has completed.
healthcare support (newcastle) limited Companies House Filings - See Documents
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