hillcrest childrens services limited
hillcrest childrens services limited Company Information
Company Number
04409479
Next Accounts
May 2025
Shareholders
outcomes first group ltd
Group Structure
View All
Industry
Other education n.e.c.
+1Registered Address
maybrook house, third floor, queensway, halesowen, B63 4AH
hillcrest childrens services limited Estimated Valuation
Pomanda estimates the enterprise value of HILLCREST CHILDRENS SERVICES LIMITED at £24.8m based on a Turnover of £24.3m and 1.02x industry multiple (adjusted for size and gross margin).
hillcrest childrens services limited Estimated Valuation
Pomanda estimates the enterprise value of HILLCREST CHILDRENS SERVICES LIMITED at £24.3m based on an EBITDA of £3.4m and a 7.13x industry multiple (adjusted for size and gross margin).
hillcrest childrens services limited Estimated Valuation
Pomanda estimates the enterprise value of HILLCREST CHILDRENS SERVICES LIMITED at £59.2m based on Net Assets of £23.5m and 2.52x industry multiple (adjusted for liquidity).
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Hillcrest Childrens Services Limited Overview
Hillcrest Childrens Services Limited is a live company located in halesowen, B63 4AH with a Companies House number of 04409479. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in April 2002, it's largest shareholder is outcomes first group ltd with a 100% stake. Hillcrest Childrens Services Limited is a mature, large sized company, Pomanda has estimated its turnover at £24.3m with high growth in recent years.
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Hillcrest Childrens Services Limited Health Check
Pomanda's financial health check has awarded Hillcrest Childrens Services Limited 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
6 Strong
2 Regular
3 Weak
Size
annual sales of £24.3m, make it larger than the average company (£1.3m)
£24.3m - Hillcrest Childrens Services Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (5.1%)
21% - Hillcrest Childrens Services Limited
5.1% - Industry AVG
Production
with a gross margin of 46.2%, this company has a comparable cost of product (48.3%)
46.2% - Hillcrest Childrens Services Limited
48.3% - Industry AVG
Profitability
an operating margin of 11% make it more profitable than the average company (7.4%)
11% - Hillcrest Childrens Services Limited
7.4% - Industry AVG
Employees
with 383 employees, this is above the industry average (34)
383 - Hillcrest Childrens Services Limited
34 - Industry AVG
Pay Structure
on an average salary of £31.1k, the company has an equivalent pay structure (£27.9k)
£31.1k - Hillcrest Childrens Services Limited
£27.9k - Industry AVG
Efficiency
resulting in sales per employee of £63.5k, this is more efficient (£48.6k)
£63.5k - Hillcrest Childrens Services Limited
£48.6k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (19 days)
0 days - Hillcrest Childrens Services Limited
19 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (17 days)
14 days - Hillcrest Childrens Services Limited
17 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hillcrest Childrens Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (79 weeks)
0 weeks - Hillcrest Childrens Services Limited
79 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82%, this is a higher level of debt than the average (30%)
82% - Hillcrest Childrens Services Limited
30% - Industry AVG
HILLCREST CHILDRENS SERVICES LIMITED financials
Hillcrest Childrens Services Limited's latest turnover from August 2023 is £24.3 million and the company has net assets of £23.5 million. According to their latest financial statements, Hillcrest Childrens Services Limited has 383 employees and maintains cash reserves of £77.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 24,304,827 | 21,795,580 | 19,594,552 | 13,746,958 | 21,078,228 | 18,981,368 | 14,865,734 | 15,995,355 | 16,077,008 | 4,598,111 | 1,016,246 | 977,754 | 1,006,952 | ||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 13,078,536 | 12,211,004 | 10,416,512 | 7,536,127 | 10,626,959 | 704,007 | 588,031 | ||||||||
| Gross Profit | 11,226,291 | 9,584,576 | 9,178,040 | 6,210,831 | 10,451,269 | 273,747 | 418,921 | ||||||||
| Admin Expenses | 8,555,925 | 8,301,616 | 7,997,951 | 4,028,638 | 6,731,956 | 183,927 | 230,051 | ||||||||
| Operating Profit | 2,670,366 | 1,282,960 | 1,180,089 | 2,182,193 | 3,719,313 | 3,225,884 | 1,296,010 | 387,882 | 1,706,689 | 482,273 | 161,222 | 89,820 | 188,870 | ||
| Interest Payable | 4,416 | 4,166 | 8,061 | 2,608 | 14,678 | 13,908 | 7,465 | 6,315 | 11,920 | 10,997 | |||||
| Interest Receivable | 1,051 | 6,457 | 24,414 | 139,543 | 146,927 | 148,242 | 23,703 | ||||||||
| Pre-Tax Profit | 2,670,366 | 1,282,960 | 1,175,673 | 2,179,078 | 3,717,709 | 3,250,298 | 1,741,725 | 656,461 | 1,460,739 | 498,511 | 154,907 | 77,900 | 177,909 | ||
| Tax | -859,251 | -205,523 | -395,465 | -569,533 | -427,526 | -49,455 | 39,156 | -233,654 | -657,200 | -133,642 | -24,219 | -16,554 | -41,361 | ||
| Profit After Tax | 1,811,115 | 1,077,437 | 780,208 | 1,609,545 | 3,290,183 | 3,200,843 | 1,780,881 | 422,807 | 803,539 | 364,869 | 130,688 | 61,346 | 136,548 | ||
| Dividends Paid | 78,000 | 124,629 | 145,000 | ||||||||||||
| Retained Profit | 1,811,115 | 1,077,437 | 780,208 | 1,609,545 | 3,290,183 | 3,200,843 | 1,780,881 | 422,807 | 803,539 | 286,869 | 130,688 | -63,283 | -8,452 | ||
| Employee Costs | 11,907,037 | 11,842,826 | 10,330,803 | 6,988,818 | 9,403,155 | 8,663,395 | 8,360,816 | 8,879,449 | 9,362,674 | ||||||
| Number Of Employees | 383 | 416 | 403 | 460 | 422 | 353 | 353 | 409 | 420 | ||||||
| EBITDA* | 3,411,768 | 2,901,832 | 2,892,693 | 3,029,707 | 5,329,392 | 4,360,111 | 2,400,450 | 1,302,895 | 2,446,471 | 626,608 | 165,534 | 94,210 | 208,739 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 21,111,382 | 17,528,090 | 14,895,550 | 14,418,385 | 13,952,308 | 14,508,616 | 13,816,262 | 16,308,176 | 12,738,952 | 11,788,293 | 773,920 | 1,068,371 | 1,073,061 | 1,070,516 | 1,070,659 |
| Intangible Assets | 240,235 | 279,584 | 320,499 | 361,413 | 402,328 | ||||||||||
| Investments & Other | 50,300 | 50,300 | 50,300 | 50,300 | 50,300 | 50,300 | 50,300 | 50,300 | 50,200 | 50,200 | |||||
| Debtors (Due After 1 year) | 5,285,000 | ||||||||||||||
| Total Fixed Assets | 26,446,682 | 17,578,390 | 14,945,850 | 14,468,685 | 14,002,608 | 14,799,151 | 14,146,146 | 16,678,975 | 13,150,565 | 12,240,821 | 773,920 | 1,068,371 | 1,073,061 | 1,070,516 | 1,070,659 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 39,854 | 41,424 | 2,904,723 | 409,821 | 849,049 | 511,435 | 1,095,837 | 47,599 | 65,952 | 43,423 | 80,373 | 39,048 | |||
| Group Debtors | 103,193,546 | 78,678,526 | 57,481,263 | 35,227,620 | 33,188,785 | 22,301,190 | 21,437,321 | 9,715,878 | 695,528 | ||||||
| Misc Debtors | 621,075 | 1,078,022 | 531,685 | 301,378 | 163,549 | 981,719 | 602,093 | 168,345 | 560,002 | 2,539,481 | 31,572 | 11,374 | 5,639 | ||
| Cash | 77,195 | 150,000 | 54,149 | 226,336 | 459,109 | 187,118 | 630,277 | 610,831 | 1,104,419 | 1,159,868 | 1,592 | 8,402 | |||
| misc current assets | 11,822 | ||||||||||||||
| total current assets | 103,931,670 | 79,906,548 | 58,067,097 | 35,755,334 | 33,852,867 | 26,374,750 | 23,079,512 | 11,344,103 | 2,871,384 | 4,795,186 | 80,763 | 86,176 | 43,423 | 91,747 | 44,687 |
| total assets | 130,378,352 | 97,484,938 | 73,012,947 | 50,224,019 | 47,855,475 | 41,173,901 | 37,225,658 | 28,023,078 | 16,021,949 | 17,036,007 | 854,683 | 1,154,547 | 1,116,484 | 1,162,263 | 1,115,346 |
| Bank overdraft | 34,348 | 98,259 | 184,266 | ||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 516,499 | 224,377 | 196,360 | 192,680 | 157,367 | 726,023 | 727,258 | 404,908 | 282,143 | 523,097 | 17,352 | 112,960 | 111,332 | 41,932 | 32,694 |
| Group/Directors Accounts | 105,820,755 | 74,416,812 | 50,531,627 | 26,868,119 | 27,173,688 | 21,248,983 | 20,459,604 | 13,076,744 | 10,947,739 | 14,192,287 | |||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 5,246 | 28,222 | 116,244 | 131,839 | 142,218 | 123,108 | 64,444 | ||||||||
| other current liabilities | 571,563 | 1,185,329 | 1,699,265 | 3,297,179 | 2,240,625 | 1,442,705 | 1,027,385 | 1,183,185 | 2,292,563 | 910,692 | 48,647 | 75,131 | 109,402 | ||
| total current liabilities | 106,908,817 | 75,826,518 | 52,427,252 | 30,363,224 | 29,599,902 | 23,533,955 | 22,346,086 | 14,807,055 | 13,645,553 | 15,690,520 | 100,347 | 112,960 | 111,332 | 215,322 | 326,362 |
| loans | 157,492 | 259,927 | 38,687 | ||||||||||||
| hp & lease commitments | 349 | 114,701 | 127,197 | 64,628 | |||||||||||
| Accruals and Deferred Income | 6,805 | ||||||||||||||
| other liabilities | 191,840 | 225,579 | |||||||||||||
| provisions | 4,712 | 60,020 | 63,994 | 117,785 | 558,254 | 560,885 | 564,943 | 400,142 | 2,996 | 2,494 | 2,494 | 2,494 | 2,494 | ||
| total long term liabilities | 4,712 | 60,020 | 64,343 | 117,785 | 558,254 | 675,586 | 692,140 | 464,770 | 160,488 | 201,139 | 228,073 | 262,421 | 41,181 | ||
| total liabilities | 106,908,817 | 75,826,518 | 52,431,964 | 30,423,244 | 29,664,245 | 23,651,740 | 22,904,340 | 15,482,641 | 14,337,693 | 16,155,290 | 260,835 | 314,099 | 339,405 | 477,743 | 367,543 |
| net assets | 23,469,535 | 21,658,420 | 20,580,983 | 19,800,775 | 18,191,230 | 17,522,161 | 14,321,318 | 12,540,437 | 1,684,256 | 880,717 | 593,848 | 840,448 | 777,079 | 684,520 | 747,803 |
| total shareholders funds | 23,469,535 | 21,658,420 | 20,580,983 | 19,800,775 | 18,191,230 | 17,522,161 | 14,321,318 | 12,540,437 | 1,684,256 | 880,717 | 593,848 | 840,448 | 777,079 | 684,520 | 747,803 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 2,670,366 | 1,282,960 | 1,180,089 | 2,182,193 | 3,719,313 | 3,225,884 | 1,296,010 | 387,882 | 1,706,689 | 482,273 | 161,222 | 89,820 | 188,870 | ||
| Depreciation | 741,402 | 1,618,872 | 1,712,604 | 847,514 | 1,369,844 | 1,094,879 | 1,094,211 | 874,098 | 698,867 | 137,516 | 4,312 | 5,276 | 5,264 | 4,390 | 19,869 |
| Amortisation | 240,235 | 39,348 | 10,229 | 40,915 | 40,915 | 6,819 | |||||||||
| Tax | -859,251 | -205,523 | -395,465 | -569,533 | -427,526 | -49,455 | 39,156 | -233,654 | -657,200 | -133,642 | -24,219 | -16,554 | -41,361 | ||
| Stock | |||||||||||||||
| Debtors | 29,382,927 | 21,743,600 | 22,483,950 | 2,135,240 | 7,206,126 | 3,738,397 | 11,715,963 | 8,966,307 | -1,868,353 | 3,556,147 | 13,219 | 22,529 | -48,324 | 47,060 | 44,687 |
| Creditors | 292,122 | 28,017 | 3,680 | 35,313 | -568,656 | -1,235 | 322,350 | 122,765 | -240,954 | 505,745 | -95,608 | 1,628 | 69,400 | 9,238 | 32,694 |
| Accruals and Deferred Income | -613,766 | -513,936 | -1,597,914 | 1,056,554 | 797,920 | 415,320 | -155,800 | -1,109,378 | 1,381,871 | 862,045 | 41,842 | 6,805 | -75,131 | -34,271 | 109,402 |
| Deferred Taxes & Provisions | -4,712 | -55,308 | -3,974 | -53,791 | -440,469 | -2,631 | -4,058 | 164,801 | 397,146 | 502 | 2,494 | ||||
| Cash flow from operations | -27,152,054 | -19,537,922 | -21,636,264 | 1,412,827 | -2,128,787 | 545,875 | -9,112,438 | -8,887,737 | 4,963,342 | -1,298,245 | 74,832 | 5,563 | 267,281 | ||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 100 | 50,200 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 31,403,943 | 23,885,185 | 23,663,508 | -305,569 | 5,924,705 | 789,379 | 7,382,860 | 2,129,005 | -3,244,548 | 14,192,287 | |||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -157,492 | 157,492 | -259,927 | 221,240 | 38,687 | ||||||||||
| Hire Purchase and Lease Commitments | -5,246 | -23,325 | -87,673 | -15,595 | -125,080 | 6,614 | 121,233 | 129,072 | |||||||
| other long term liabilities | -191,840 | -33,739 | 225,579 | ||||||||||||
| share issue | |||||||||||||||
| interest | -4,416 | -3,115 | -1,604 | 24,414 | 136,935 | 132,249 | 134,334 | 16,238 | -6,315 | -11,920 | -10,997 | ||||
| cash flow from financing | 31,403,943 | 23,885,185 | 23,653,846 | -332,009 | 3,214,314 | 798,198 | 7,394,715 | 12,701,242 | -2,988,981 | 14,180,105 | -417,951 | 209,320 | 783,945 | ||
| cash and cash equivalents | |||||||||||||||
| cash | -72,805 | 95,851 | -172,187 | -232,773 | 271,991 | -443,159 | 19,446 | -493,588 | -55,449 | 1,158,276 | -6,810 | 8,402 | |||
| overdraft | -34,348 | 34,348 | -98,259 | -86,007 | 184,266 | ||||||||||
| change in cash | -72,805 | 95,851 | -172,187 | -232,773 | 271,991 | -443,159 | 19,446 | -493,588 | -55,449 | 1,192,624 | -41,158 | 8,402 | 98,259 | 86,007 | -184,266 |
hillcrest childrens services limited Credit Report and Business Information
Hillcrest Childrens Services Limited Competitor Analysis
Perform a competitor analysis for hillcrest childrens services limited by selecting its closest rivals, whether from the EDUCATION sector, other large companies, companies in B63 area or any other competitors across 12 key performance metrics.
hillcrest childrens services limited Ownership
HILLCREST CHILDRENS SERVICES LIMITED group structure
Hillcrest Childrens Services Limited has no subsidiary companies.
Ultimate parent company
2 parents
HILLCREST CHILDRENS SERVICES LIMITED
04409479
hillcrest childrens services limited directors
Hillcrest Childrens Services Limited currently has 3 directors. The longest serving directors include Mrs Pauline Paterson (Aug 2024) and Mr Simon Martle (Aug 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Pauline Paterson | United Kingdom | 50 years | Aug 2024 | - | Director |
| Mr Simon Martle | United Kingdom | 54 years | Aug 2024 | - | Director |
| Mr David Manson | United Kingdom | 56 years | Aug 2024 | - | Director |
P&L
August 2023turnover
24.3m
+12%
operating profit
2.7m
+108%
gross margin
46.2%
+5.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
23.5m
+0.08%
total assets
130.4m
+0.34%
cash
77.2k
-0.49%
net assets
Total assets minus all liabilities
hillcrest childrens services limited company details
company number
04409479
Type
Private limited with Share Capital
industry
85590 - Other education n.e.c.
87900 - Other residential care activities
incorporation date
April 2002
age
23
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
August 2023
previous names
r.a.a.c. care limited (May 2014)
summercombe 124 limited (April 2002)
accountant
-
auditor
KPMG LLP
address
maybrook house, third floor, queensway, halesowen, B63 4AH
Bank
-
Legal Advisor
-
hillcrest childrens 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 12 charges/mortgages relating to hillcrest childrens services limited. Currently there are 1 open charges and 11 have been satisfied in the past.
hillcrest childrens services 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 HILLCREST CHILDRENS SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
hillcrest childrens services limited Companies House Filings - See Documents
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