paradise independent living limited
paradise independent living limited Company Information
Company Number
04867100
Next Accounts
May 2025
Shareholders
mrs sherron parris
mr patrick agustus parris
View AllGroup Structure
View All
Industry
Residential care activities for learning disabilities, mental health and substance abuse
Registered Address
windsor house bayshill road, cheltenham, gloucestershire, GL50 3AT
paradise independent living limited Estimated Valuation
Pomanda estimates the enterprise value of PARADISE INDEPENDENT LIVING LIMITED at £1m based on a Turnover of £1.3m and 0.81x industry multiple (adjusted for size and gross margin).
paradise independent living limited Estimated Valuation
Pomanda estimates the enterprise value of PARADISE INDEPENDENT LIVING LIMITED at £730.1k based on an EBITDA of £144.5k and a 5.05x industry multiple (adjusted for size and gross margin).
paradise independent living limited Estimated Valuation
Pomanda estimates the enterprise value of PARADISE INDEPENDENT LIVING LIMITED at £2.4m based on Net Assets of £694k and 3.39x industry multiple (adjusted for liquidity).
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Paradise Independent Living Limited Overview
Paradise Independent Living Limited is a live company located in gloucestershire, GL50 3AT with a Companies House number of 04867100. It operates in the residential care activities for mental difficulties, mental health and substance abuse sector, SIC Code 87200. Founded in August 2003, it's largest shareholder is mrs sherron parris with a 39.5% stake. Paradise Independent Living Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.
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Paradise Independent Living Limited Health Check
Pomanda's financial health check has awarded Paradise Independent Living Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£2.7m)
- Paradise Independent Living Limited
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (6.5%)
- Paradise Independent Living Limited
6.5% - Industry AVG
Production
with a gross margin of 35%, this company has a comparable cost of product (35%)
- Paradise Independent Living Limited
35% - Industry AVG
Profitability
an operating margin of 9.9% make it more profitable than the average company (6.6%)
- Paradise Independent Living Limited
6.6% - Industry AVG
Employees
with 26 employees, this is below the industry average (63)
26 - Paradise Independent Living Limited
63 - Industry AVG
Pay Structure
on an average salary of £24.8k, the company has an equivalent pay structure (£24.8k)
- Paradise Independent Living Limited
£24.8k - Industry AVG
Efficiency
resulting in sales per employee of £48.5k, this is more efficient (£40.4k)
- Paradise Independent Living Limited
£40.4k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is later than average (21 days)
- Paradise Independent Living Limited
21 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Paradise Independent Living Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Paradise Independent Living Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 148 weeks, this is more cash available to meet short term requirements (46 weeks)
148 weeks - Paradise Independent Living Limited
46 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 32.4%, this is a lower level of debt than the average (40.6%)
32.4% - Paradise Independent Living Limited
40.6% - Industry AVG
PARADISE INDEPENDENT LIVING LIMITED financials
Paradise Independent Living Limited's latest turnover from August 2023 is estimated at £1.3 million and the company has net assets of £694 thousand. According to their latest financial statements, Paradise Independent Living Limited has 26 employees and maintains cash reserves of £844.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 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 | 26 | 21 | 20 | 23 | 17 | 18 | 15 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 63,638 | 19,666 | 17,276 | 16,545 | 15,248 | 16,569 | 11,616 | 20,774 | 29,353 | 7,433 | 9,382 | 10,879 | 14,032 | 20,115 | 37,698 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 63,638 | 19,666 | 17,276 | 16,545 | 15,248 | 16,569 | 11,616 | 20,774 | 29,353 | 7,433 | 9,382 | 10,879 | 14,032 | 20,115 | 37,698 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 97,673 | 263,581 | 93,848 | 152,018 | 92,926 | 1,064,667 | 121,757 | 124,277 | 45,372 | 213,133 | 135,940 | 63,539 | 34,882 | 100,653 | 79,060 |
| Group Debtors | 11,504 | 23,366 | 19,160 | 27,160 | 33,158 | 337,923 | |||||||||
| Misc Debtors | 8,820 | 9,571 | 8,571 | 26,373 | 27,760 | 99,704 | 14,358 | ||||||||
| Cash | 844,273 | 509,678 | 633,344 | 450,232 | 298,437 | 387,047 | 404,696 | 1,006,409 | 842,718 | 523,027 | 334,172 | 237,716 | 148,474 | 53,505 | 73,515 |
| misc current assets | |||||||||||||||
| total current assets | 962,270 | 806,196 | 754,923 | 655,783 | 452,281 | 1,451,714 | 964,080 | 1,145,044 | 888,090 | 736,160 | 470,112 | 301,255 | 183,356 | 154,158 | 152,575 |
| total assets | 1,025,908 | 825,862 | 772,199 | 672,328 | 467,529 | 1,468,283 | 975,696 | 1,165,818 | 917,443 | 743,593 | 479,494 | 312,134 | 197,388 | 174,273 | 190,273 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 197,911 | 2 | 98,298 | 88,359 | 54,678 | 88,868 | 80,164 | 22,148 | 70,422 | ||||||
| Group/Directors Accounts | 2,132 | 2,132 | 738 | 83,668 | 67,860 | 25,340 | 90,785 | 24,180 | |||||||
| other short term finances | 4,104 | ||||||||||||||
| hp & lease commitments | 2,575 | 4,807 | 4,807 | 6,133 | |||||||||||
| other current liabilities | 290,564 | 245,601 | 216,264 | 173,936 | 162,017 | 97,919 | 90,158 | ||||||||
| total current liabilities | 295,271 | 247,733 | 217,002 | 173,936 | 166,824 | 197,911 | 102,726 | 100,397 | 98,298 | 172,027 | 122,538 | 114,208 | 80,164 | 112,933 | 94,602 |
| loans | |||||||||||||||
| hp & lease commitments | 36,662 | 9,673 | 13,154 | ||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 58 | 4,866 | 18,161 | ||||||||||||
| provisions | 4,433 | 3,334 | |||||||||||||
| total long term liabilities | 36,662 | 4,433 | 3,334 | 58 | 4,866 | 9,673 | 13,154 | 18,161 | |||||||
| total liabilities | 331,933 | 252,166 | 220,336 | 173,936 | 166,882 | 202,777 | 112,399 | 113,551 | 116,459 | 172,027 | 122,538 | 114,208 | 80,164 | 112,933 | 94,602 |
| net assets | 693,975 | 573,696 | 551,863 | 498,392 | 300,647 | 1,265,506 | 863,297 | 1,052,267 | 800,984 | 571,566 | 356,956 | 197,926 | 117,224 | 61,340 | 95,671 |
| total shareholders funds | 693,975 | 573,696 | 551,863 | 498,392 | 300,647 | 1,265,506 | 863,297 | 1,052,267 | 800,984 | 571,566 | 356,956 | 197,926 | 117,224 | 61,340 | 95,671 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 19,690 | 11,291 | 5,651 | 4,438 | 4,917 | 13,446 | 9,158 | 9,678 | 9,874 | 2,568 | 2,795 | 4,066 | 7,433 | 17,583 | 18,513 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -178,521 | 174,939 | -83,972 | 51,707 | -910,823 | 505,283 | 420,749 | 93,263 | -167,761 | 77,193 | 72,401 | 28,657 | -65,771 | 21,593 | 79,060 |
| Creditors | -197,911 | 197,911 | -2 | -98,296 | 9,939 | 33,681 | -34,190 | 8,704 | 58,016 | -48,274 | 70,422 | ||||
| Accruals and Deferred Income | 44,963 | 29,337 | 42,328 | 11,919 | 162,017 | -97,919 | 7,761 | 90,158 | |||||||
| Deferred Taxes & Provisions | -4,433 | 1,099 | 3,334 | ||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 1,394 | 738 | -83,668 | 15,808 | 42,520 | 25,340 | -90,785 | 66,605 | 24,180 | ||||||
| Other Short Term Loans | -4,104 | 4,104 | |||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | 39,237 | -4,807 | 4,807 | -14,480 | -4,807 | 19,287 | |||||||||
| other long term liabilities | -58 | -4,808 | 4,866 | -18,161 | 18,161 | ||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 334,595 | -123,666 | 183,112 | 151,795 | -88,610 | -17,649 | -601,713 | 163,691 | 319,691 | 188,855 | 96,456 | 89,242 | 94,969 | -20,010 | 73,515 |
| overdraft | |||||||||||||||
| change in cash | 334,595 | -123,666 | 183,112 | 151,795 | -88,610 | -17,649 | -601,713 | 163,691 | 319,691 | 188,855 | 96,456 | 89,242 | 94,969 | -20,010 | 73,515 |
paradise independent living limited Credit Report and Business Information
Paradise Independent Living Limited Competitor Analysis
Perform a competitor analysis for paradise independent living limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in GL50 area or any other competitors across 12 key performance metrics.
paradise independent living limited Ownership
PARADISE INDEPENDENT LIVING LIMITED group structure
Paradise Independent Living Limited has no subsidiary companies.
Ultimate parent company
PARADISE INDEPENDENT LIVING LIMITED
04867100
paradise independent living limited directors
Paradise Independent Living Limited currently has 2 directors. The longest serving directors include Mrs Sherron Parris (Aug 2003) and Mr Patrick Parris (Aug 2003).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Sherron Parris | 63 years | Aug 2003 | - | Director | |
| Mr Patrick Parris | United Kingdom | 63 years | Aug 2003 | - | Director |
P&L
August 2023turnover
1.3m
-41%
operating profit
124.8k
0%
gross margin
35%
-1.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
694k
+0.21%
total assets
1m
+0.24%
cash
844.3k
+0.66%
net assets
Total assets minus all liabilities
paradise independent living limited company details
company number
04867100
Type
Private limited with Share Capital
industry
87200 - Residential care activities for learning disabilities, mental health and substance abuse
incorporation date
August 2003
age
22
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
HAZLEWOODS LLP
auditor
-
address
windsor house bayshill road, cheltenham, gloucestershire, GL50 3AT
Bank
-
Legal Advisor
-
paradise independent living 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 did not find charges/mortgages relating to paradise independent living limited.
paradise independent living 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.
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paradise independent living limited Companies House Filings - See Documents
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