caretech holdings limited

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caretech holdings limited Company Information

Share CARETECH HOLDINGS LIMITED
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Company Number

04457287

Registered Address

5th floor metropolitan house, 3 darkes lane, potters bar, hertfordshire, EN6 1AG

Industry

Activities of head offices

 

Telephone

01707652053

Next Accounts Due

June 2024

Group Structure

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Directors

Farouq Sheikh21 Years

Haroon Sheikh21 Years

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Shareholders

amalfi bidco limited 100%

caretech holdings limited Estimated Valuation

£3.1b

Pomanda estimates the enterprise value of CARETECH HOLDINGS LIMITED at £3.1b based on a Turnover of £510.7m and 6.1x industry multiple (adjusted for size and gross margin).

caretech holdings limited Estimated Valuation

£530m

Pomanda estimates the enterprise value of CARETECH HOLDINGS LIMITED at £530m based on an EBITDA of £50.7m and a 10.45x industry multiple (adjusted for size and gross margin).

caretech holdings limited Estimated Valuation

£1.5b

Pomanda estimates the enterprise value of CARETECH HOLDINGS LIMITED at £1.5b based on Net Assets of £383.2m and 3.95x industry multiple (adjusted for liquidity).

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Caretech Holdings Limited AI Business Plan

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Caretech Holdings Limited Overview

Caretech Holdings Limited is a live company located in potters bar, EN6 1AG with a Companies House number of 04457287. It operates in the activities of head offices sector, SIC Code 70100. Founded in June 2002, it's largest shareholder is amalfi bidco limited with a 100% stake. Caretech Holdings Limited is a mature, mega sized company, Pomanda has estimated its turnover at £510.7m with healthy growth in recent years.

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Caretech Holdings Limited Health Check

Pomanda's financial health check has awarded Caretech Holdings Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £510.7m, make it larger than the average company (£19.1m)

£510.7m - Caretech Holdings Limited

£19.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (2.1%)

9% - Caretech Holdings Limited

2.1% - Industry AVG

production

Production

with a gross margin of 31.9%, this company has a comparable cost of product (32.9%)

31.9% - Caretech Holdings Limited

32.9% - Industry AVG

profitability

Profitability

an operating margin of 5% make it as profitable than the average company (6.1%)

5% - Caretech Holdings Limited

6.1% - Industry AVG

employees

Employees

with 11473 employees, this is above the industry average (118)

11473 - Caretech Holdings Limited

118 - Industry AVG

paystructure

Pay Structure

on an average salary of £26.5k, the company has a lower pay structure (£43k)

£26.5k - Caretech Holdings Limited

£43k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £44.5k, this is less efficient (£172k)

£44.5k - Caretech Holdings Limited

£172k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 42 days, this is near the average (47 days)

42 days - Caretech Holdings Limited

47 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 9 days, this is quicker than average (47 days)

9 days - Caretech Holdings Limited

47 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 7 days, this is less than average (49 days)

7 days - Caretech Holdings Limited

49 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (17 weeks)

3 weeks - Caretech Holdings Limited

17 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 62.6%, this is a similar level of debt than the average (57.1%)

62.6% - Caretech Holdings Limited

57.1% - Industry AVG

caretech holdings 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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Caretech Holdings Limited Competitor Analysis

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Perform a competitor analysis for caretech holdings limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

caretech holdings limited directors

Caretech Holdings Limited currently has 4 directors. The longest serving directors include Mr Farouq Sheikh (Aug 2002) and Mr Haroon Sheikh (Aug 2002).

officercountryagestartendrole
Mr Farouq SheikhUnited Kingdom65 years Aug 2002- Director
Mr Haroon SheikhUnited Kingdom68 years Aug 2002- Director
Mr Michael Adams53 years Jun 2010- Director
Mr Christopher DickinsonEngland45 years Jan 2020- Director

CARETECH HOLDINGS LIMITED financials

EXPORTms excel logo

Caretech Holdings Limited's latest turnover from September 2022 is £510.7 million and the company has net assets of £383.2 million. According to their latest financial statements, Caretech Holdings Limited has 11,473 employees and maintains cash reserves of £27.3 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover510,715,000489,119,000429,966,000394,994,000185,689,000166,018,000148,979,000124,271,000123,302,000114,323,000114,132,000109,150,00089,697,00083,421,000
Other Income Or Grants00000000000000
Cost Of Sales347,887,000323,410,000282,029,000262,018,000120,387,000106,110,00094,682,00076,571,00076,708,00068,749,00068,809,00066,487,00052,321,00049,824,000
Gross Profit162,828,000165,709,000147,937,000132,976,00065,302,00059,908,00054,297,00047,700,00046,594,00045,574,00045,323,00042,663,00037,376,00033,597,000
Admin Expenses137,312,00086,205,00094,575,00093,500,00045,116,00037,241,00023,838,00029,885,00026,140,00012,672,00031,510,00030,417,00021,640,00015,221,000
Operating Profit25,516,00079,504,00053,362,00039,476,00020,186,00022,667,00030,459,00017,815,00020,454,00032,902,00013,813,00012,246,00015,736,00018,376,000
Interest Payable16,121,00013,270,00015,539,00015,136,0005,090,0005,888,0007,924,0008,418,0007,963,00007,457,0004,862,0008,196,00011,582,000
Interest Receivable0000274,0000000020,00032,00023,00015,000
Pre-Tax Profit9,395,00066,234,00037,823,00024,340,00015,370,00016,779,00022,535,0009,397,00012,491,00028,088,0006,376,0007,416,0007,563,0006,809,000
Tax-2,885,000-30,906,000-10,772,000-4,214,000-4,126,0001,070,000336,000-1,439,000-81,000-3,721,000-170,000-1,604,000-1,042,000-2,016,000
Profit After Tax6,510,00035,328,00027,051,00020,126,00011,244,00017,849,00022,871,0007,958,00012,410,00024,367,0006,206,0005,812,0006,521,0004,793,000
Dividends Paid017,296,00013,006,00010,802,0007,494,00005,222,0004,153,0004,153,0003,314,0003,075,0002,802,0002,326,0001,918,000
Retained Profit6,510,00014,612,00012,112,0008,902,0003,154,00017,849,00017,649,0003,805,0008,257,00021,053,0003,131,0003,010,0004,195,0002,875,000
Employee Costs304,245,000285,098,000239,158,000227,437,000103,479,00085,904,00075,835,00059,199,00063,094,00056,682,00057,562,00056,931,00047,064,00040,956,000
Number Of Employees11,47311,05010,1299,9295,4394,7444,1703,4363,5313,2843,3493,3842,8682,570
EBITDA*50,719,000102,261,00074,512,00060,295,00033,520,00035,382,00041,256,00021,498,00028,226,00039,797,00021,219,00018,510,00019,119,00020,916,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets762,277,000742,713,000691,886,000609,658,000301,109,000297,170,000267,667,000256,552,000243,309,000238,568,000192,119,000189,504,000184,139,000160,330,000
Intangible Assets102,903,000173,898,000167,688,000159,804,00083,817,00084,052,00087,003,00072,902,00066,863,00062,100,00064,455,00066,542,00053,094,00018,573,000
Investments & Other106,536,0000000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets971,716,000916,611,000859,574,000769,462,000384,926,000381,222,000354,670,000329,454,000310,172,000300,668,000256,574,000256,046,000237,233,000178,903,000
Stock & work in progress6,764,0003,468,0001,937,000998,000898,000835,000815,000515,000515,000515,000615,000315,000152,0000
Trade Debtors59,420,00053,823,00037,604,00036,299,00025,538,00014,688,00010,055,0007,193,0005,700,0006,500,0007,187,0005,696,0006,929,0007,169,000
Group Debtors00000000000000
Misc Debtors33,701,00017,783,00013,451,00014,712,0006,209,0008,831,0008,453,0005,788,0002,975,0001,554,0002,857,0004,370,0004,353,0003,228,000
Cash27,258,00065,560,00054,273,00029,238,0009,421,0006,402,0004,308,0003,702,0003,900,0003,783,0006,575,00013,414,00010,008,0004,321,000
misc current assets00000000156,0000000464,000
total current assets127,143,000140,634,000107,265,00081,247,00042,066,00030,756,00023,631,00017,198,00013,246,00012,352,00017,234,00023,795,00021,442,00015,182,000
total assets1,098,859,0001,057,245,000966,839,000850,709,000426,992,000411,978,000378,301,000346,652,000323,418,000313,020,000273,808,000279,841,000258,675,000194,085,000
Bank overdraft00000000000000
Bank loan0000151,748,0005,726,0005,220,00007,593,00004,554,0007,460,0005,866,0005,600,000
Trade Creditors 9,314,00015,220,00015,576,00012,378,0003,808,0002,338,0003,116,0003,552,0003,473,0002,127,0002,262,0002,386,0003,271,0003,605,000
Group/Directors Accounts00000000000000
other short term finances319,963,0000001,118,00000562,00007,595,0001,446,0009,517,0009,459,0006,868,000
hp & lease commitments6,516,0005,500,0006,208,0001,763,0002,082,0001,936,0001,770,0001,927,0001,629,00001,080,00000525,000
other current liabilities123,840,000112,292,00086,076,00087,046,00031,325,00025,463,00030,902,00025,316,00019,731,00017,307,00018,769,00016,216,00016,632,00019,603,000
total current liabilities459,633,000133,012,000107,860,000101,187,000190,081,00035,463,00041,008,00031,357,00032,426,00027,029,00028,111,00035,579,00035,228,00036,201,000
loans528,000882,284,000805,068,000669,006,0005,160,000291,744,000308,448,000320,833,000321,622,000329,302,000265,810,000267,487,000238,815,000189,345,000
hp & lease commitments121,308,000118,781,00082,480,00017,805,0002,580,00004,859,00002,206,0001,427,000529,000001,461,000
Accruals and Deferred Income0000002,025,0000000000
other liabilities4,994,0000007,244,0008,599,0007,343,00000231,00013,750,00012,553,00011,090,0000
provisions101,462,000198,934,000182,260,000157,670,00037,708,00035,686,00043,104,00042,132,00042,044,00044,734,00044,284,00048,558,00041,810,00025,420,000
total long term liabilities228,292,000543,316,000494,763,000414,158,00028,678,000172,314,000185,626,000181,596,000181,833,000187,249,000169,558,000171,048,000153,421,000110,470,000
total liabilities687,925,000676,328,000602,623,000515,345,000218,759,000207,777,000226,634,000212,953,000214,259,000214,278,000197,669,000206,627,000188,649,000146,671,000
net assets383,172,000368,370,000353,354,000334,407,000207,594,000204,201,000151,667,000133,699,000109,159,00098,742,00076,139,00073,214,00070,026,00047,414,000
total shareholders funds383,172,000368,370,000353,354,000334,407,000207,594,000204,201,000151,667,000133,699,000109,159,00098,742,00076,139,00073,214,00070,026,00047,414,000
Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit25,516,00079,504,00053,362,00039,476,00020,186,00022,667,00030,459,00017,815,00020,454,00032,902,00013,813,00012,246,00015,736,00018,376,000
Depreciation12,052,00012,484,00010,964,00010,631,0005,906,0005,525,0005,026,0003,683,0003,350,0003,174,0003,079,0002,680,0002,496,0002,200,000
Amortisation13,151,00010,273,00010,186,00010,188,0007,428,0007,190,0005,771,00004,422,0003,721,0004,327,0003,584,000887,000340,000
Tax-2,885,000-30,906,000-10,772,000-4,214,000-4,126,0001,070,000336,000-1,439,000-81,000-3,721,000-170,000-1,604,000-1,042,000-2,016,000
Stock3,296,0001,531,000939,000100,00063,00020,000300,00000-100,000300,000163,000152,0000
Debtors21,515,00020,551,00044,00019,264,0008,228,0005,011,0005,527,0004,306,000621,000-1,990,000-22,000-1,216,000885,00010,397,000
Creditors-5,906,000-356,0003,198,0008,570,0001,470,000-778,000-436,00079,0001,346,000-135,000-124,000-885,000-334,0003,605,000
Accruals and Deferred Income11,548,00026,216,000-970,00055,721,0005,862,000-7,464,0007,611,0005,585,0002,424,000-1,462,0002,553,000-416,000-2,971,00019,603,000
Deferred Taxes & Provisions-97,472,00016,674,00024,590,000119,962,0002,022,000-7,418,000972,00088,000-2,690,000450,000-4,274,0006,748,00016,390,00025,420,000
Cash flow from operations-68,807,00091,807,00089,575,000220,970,00030,457,00015,761,00043,912,00021,505,00028,604,00037,019,00018,926,00023,406,00030,125,00057,131,000
Investing Activities
capital expenditure0-79,794,000-111,262,000-405,355,000-17,038,000-39,267,000-36,013,000-22,965,000-17,276,000-50,989,000-7,934,000-25,077,000-61,713,000-181,443,000
Change in Investments106,536,0000000000000000
cash flow from investments-106,536,000-79,794,000-111,262,000-405,355,000-17,038,000-39,267,000-36,013,000-22,965,000-17,276,000-50,989,000-7,934,000-25,077,000-61,713,000-181,443,000
Financing Activities
Bank loans000-151,748,000146,022,000506,0005,220,000-7,593,0007,593,000-4,554,000-2,906,0001,594,000266,0005,600,000
Group/Directors Accounts00000000000000
Other Short Term Loans 319,963,00000-1,118,0001,118,0000-562,000562,000-7,595,0006,149,000-8,071,00058,0002,591,0006,868,000
Long term loans-881,756,00077,216,000136,062,000663,846,000-286,584,000-16,704,000-12,385,000-789,000-7,680,00063,492,000-1,677,00028,672,00049,470,000189,345,000
Hire Purchase and Lease Commitments3,543,00035,593,00069,120,00014,906,0002,726,000-4,693,0004,702,000-1,908,0002,408,000-182,0001,609,0000-1,986,0001,986,000
other long term liabilities4,994,00000-7,244,000-1,355,0001,256,0007,343,0000-231,000-13,519,0001,197,0001,463,00011,090,0000
share issue8,292,000404,0006,835,000117,911,000239,00034,685,000319,00020,735,0002,160,0001,550,000-206,000178,00018,417,00044,539,000
interest-16,121,000-13,270,000-15,539,000-15,136,000-4,816,000-5,888,000-7,924,000-8,418,000-7,963,0000-7,437,000-4,830,000-8,173,000-11,567,000
cash flow from financing-561,085,00099,943,000196,478,000621,417,000-142,650,0009,162,000-3,287,0002,589,000-11,308,00052,936,000-17,491,00027,135,00071,675,000236,771,000
cash and cash equivalents
cash-38,302,00011,287,00025,035,00019,817,0003,019,0002,094,000606,000-198,000117,000-2,792,000-6,839,0003,406,0005,687,0004,321,000
overdraft00000000000000
change in cash-38,302,00011,287,00025,035,00019,817,0003,019,0002,094,000606,000-198,000117,000-2,792,000-6,839,0003,406,0005,687,0004,321,000

P&L

September 2022

turnover

510.7m

+4%

operating profit

25.5m

-68%

gross margin

31.9%

-5.89%

turnover

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

Balance Sheet

September 2022

net assets

383.2m

+0.04%

total assets

1.1b

+0.04%

cash

27.3m

-0.58%

net assets

Total assets minus all liabilities

caretech holdings limited company details

company number

04457287

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

June 2002

age

22

accounts

Group

ultimate parent company

AMALFI TOPCO LTD

previous names

caretech holdings plc (October 2022)

caretech holdings limited (October 2005)

incorporated

UK

address

5th floor metropolitan house, 3 darkes lane, potters bar, hertfordshire, EN6 1AG

last accounts submitted

September 2022

caretech holdings 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 6 charges/mortgages relating to caretech holdings limited. Currently there are 2 open charges and 4 have been satisfied in the past.

charges

caretech holdings limited Companies House Filings - See Documents

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