foundation for life limited

foundation for life limited Company Information

Share FOUNDATION FOR LIFE LIMITED
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MatureMidHealthy

Company Number

04934382

Industry

Development of building projects

 

Shareholders

eric wright group ltd

community health partnerships ltd

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Group Structure

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Contact

Registered Address

sceptre house, sceptre way bamber bridge, preston, lancashire, PR5 6AW

foundation for life limited Estimated Valuation

£9.4m

Pomanda estimates the enterprise value of FOUNDATION FOR LIFE LIMITED at £9.4m based on a Turnover of £8.7m and 1.09x industry multiple (adjusted for size and gross margin).

foundation for life limited Estimated Valuation

£43.1m

Pomanda estimates the enterprise value of FOUNDATION FOR LIFE LIMITED at £43.1m based on an EBITDA of £5.5m and a 7.88x industry multiple (adjusted for size and gross margin).

foundation for life limited Estimated Valuation

£7m

Pomanda estimates the enterprise value of FOUNDATION FOR LIFE LIMITED at £7m based on Net Assets of £5.1m and 1.38x industry multiple (adjusted for liquidity).

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Foundation For Life Limited Overview

Foundation For Life Limited is a live company located in preston, PR5 6AW with a Companies House number of 04934382. It operates in the development of building projects sector, SIC Code 41100. Founded in October 2003, it's largest shareholder is eric wright group ltd with a 60% stake. Foundation For Life Limited is a mature, mid sized company, Pomanda has estimated its turnover at £8.7m with healthy growth in recent years.

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Foundation For Life Limited Health Check

Pomanda's financial health check has awarded Foundation For Life Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

1 Regular

positive_score

2 Weak

size

Size

annual sales of £8.7m, make it larger than the average company (£2.6m)

£8.7m - Foundation For Life Limited

£2.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (4.8%)

5% - Foundation For Life Limited

4.8% - Industry AVG

production

Production

with a gross margin of 67.8%, this company has a lower cost of product (26.6%)

67.8% - Foundation For Life Limited

26.6% - Industry AVG

profitability

Profitability

an operating margin of 45.3% make it more profitable than the average company (7%)

45.3% - Foundation For Life Limited

7% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (7)

5 - Foundation For Life Limited

7 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Foundation For Life Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.7m, this is more efficient (£299.2k)

£1.7m - Foundation For Life Limited

£299.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 18 days, this is earlier than average (28 days)

18 days - Foundation For Life Limited

28 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 46 days, this is slower than average (31 days)

46 days - Foundation For Life Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Foundation For Life Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 103 weeks, this is more cash available to meet short term requirements (12 weeks)

103 weeks - Foundation For Life Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 90.3%, this is a higher level of debt than the average (73.2%)

90.3% - Foundation For Life Limited

73.2% - Industry AVG

FOUNDATION FOR LIFE LIMITED financials

EXPORTms excel logo

Foundation For Life Limited's latest turnover from December 2023 is £8.7 million and the company has net assets of £5.1 million. According to their latest financial statements, Foundation For Life Limited has 5 employees and maintains cash reserves of £11 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover8,671,6857,948,8617,491,2967,426,5597,239,5587,183,8616,748,0407,301,3427,764,4147,478,7257,584,5327,007,5277,437,37218,582,7595,869,415
Other Income Or Grants000000000000000
Cost Of Sales2,790,5352,287,5052,208,2012,125,1962,136,0132,214,0422,059,6352,536,6932,787,8152,584,3032,800,2762,534,9512,168,48314,193,8241,688,916
Gross Profit5,881,1505,661,3565,283,0955,301,3635,103,5454,969,8194,688,4054,764,6494,976,5994,894,4224,784,2564,472,5765,268,8894,388,9354,180,499
Admin Expenses1,953,1521,841,1391,568,2351,553,2861,344,8661,296,0571,090,6851,251,0001,475,9161,498,7511,438,5281,243,2451,223,0841,222,7761,210,313
Operating Profit3,927,9983,820,2173,714,8603,748,0773,758,6793,673,7623,597,7203,513,6493,500,6833,395,6713,345,7283,229,3314,045,8053,166,1592,970,186
Interest Payable2,309,9332,449,6022,588,9062,692,3202,832,7992,904,2372,993,1413,107,8263,214,6263,315,2433,423,9073,481,7563,569,4122,910,7302,921,394
Interest Receivable849,898731,874722,871763,774796,237803,885803,877829,998851,532863,941889,772907,00333,53722,534130,359
Pre-Tax Profit2,467,9632,102,4891,848,8251,819,5311,722,1171,573,4101,408,4561,240,6151,137,589944,369811,593654,578509,930277,963179,151
Tax-723,754-501,230-880,261-613,007-455,604-420,432-376,447-307,031-213,562-341,799-118,163-209,505-216,747-210,798-246,256
Profit After Tax1,744,2091,601,259968,5641,206,5241,266,5131,152,9781,032,009933,584924,027602,570693,430445,073293,18367,165-67,105
Dividends Paid295,062400,0000250,000000047,9253,46200000
Retained Profit1,449,1471,201,259968,564956,5241,266,5131,152,9781,032,009933,584876,102599,108693,430445,073293,18367,165-67,105
Employee Costs00000000001,046,4941,011,8951,135,1602,940,8440
Number Of Employees54444444826282832850
EBITDA*5,473,2965,266,1295,080,9345,038,6814,992,7294,858,7454,735,9684,589,0804,543,2104,417,0464,349,9624,218,7815,023,4794,135,5983,925,425

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets30,394,78131,065,96131,743,53632,327,41432,877,50633,541,64334,056,53834,675,95435,286,01335,943,01236,637,41837,364,61938,098,32638,885,94539,750,187
Intangible Assets56,67070,84085,01099,180113,350127,520141,690155,860170,030184,200198,370212,540226,710240,880255,050
Investments & Other000000000000000
Debtors (Due After 1 year)8,617,7119,269,4179,770,02710,065,87910,345,51010,762,46311,063,60711,230,47311,591,44911,836,82412,086,32912,164,47412,376,35712,367,8290
Total Fixed Assets39,069,16240,406,21841,598,57342,492,47343,336,36644,431,62645,261,83546,062,28747,047,49247,964,03648,922,11749,741,63350,701,39351,494,65440,005,237
Stock & work in progress00000001,8103,365000005,606,691
Trade Debtors429,213238,116538,102154,840286,374456,489215,536144,303196,989245,683370,816137,07062,07739,70358,060
Group Debtors0000000695,5800000000
Misc Debtors1,952,7091,621,9232,153,3881,741,2671,536,6501,693,2971,852,9612,239,0011,485,9732,368,930226,187342,500373,937378,479119,933
Cash11,006,61310,081,5009,829,2209,638,1869,678,2278,748,8888,342,6587,718,5267,631,5557,347,2686,973,4416,444,8016,382,7156,175,1654,955,426
misc current assets000000000000000
total current assets13,388,53511,941,53912,520,71011,534,29311,501,25110,898,67410,411,15510,799,2209,317,8829,961,8817,570,4446,924,3716,818,7296,593,34710,740,110
total assets52,457,69752,347,75754,119,28354,026,76654,837,61755,330,30055,672,99056,861,50756,365,37457,925,91756,492,56156,666,00457,520,12258,088,00150,745,347
Bank overdraft000000000000000
Bank loan2,293,7732,041,6621,899,4241,770,1261,656,0161,511,3061,456,1501,345,1021,547,5161,507,9031,446,7601,223,3461,216,4481,133,501688,689
Trade Creditors 356,9324,993283,976181,945262,312188,59890,105020,565000000
Group/Directors Accounts0000000695,578120,146000000
other short term finances157,990149,735170,998148,470131,579120,679110,75397,2540110,70079,28965,15251,37036,82328,426
hp & lease commitments000000000000000
other current liabilities2,699,0252,270,1652,138,8841,995,7612,249,8482,203,0582,061,9521,949,3241,934,7851,890,1111,617,7471,313,2471,556,5361,506,3781,830,803
total current liabilities5,507,7204,466,5554,493,2824,096,3024,299,7554,023,6413,718,9604,087,2583,623,0123,508,7143,143,7962,601,7452,824,3542,676,7022,547,918
loans30,427,33632,837,85049,351,69950,710,09353,208,14056,526,59542,430,62463,678,19759,769,72964,969,34748,688,38650,214,39251,498,31852,725,12345,758,887
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities11,455,58111,335,012000016,819,32000000000
provisions00000000001,475,3801,358,2981,150,954932,863752,394
total long term liabilities41,882,91744,172,86249,351,69950,710,09353,208,14056,526,59559,249,94463,678,19759,769,72964,969,34750,163,76651,572,69052,649,27253,657,98646,511,281
total liabilities47,390,63748,639,41753,844,98154,806,39557,507,89560,550,23662,968,90467,765,45563,392,74168,478,06153,307,56254,174,43555,473,62656,334,68849,059,199
net assets5,067,0603,708,340274,302-779,629-2,670,278-5,219,936-7,295,914-10,903,948-7,027,367-10,552,1443,184,9992,491,5692,046,4961,753,3131,686,148
total shareholders funds5,067,0603,708,340274,302-779,629-2,670,278-5,219,936-7,295,914-10,903,948-7,027,367-10,552,1443,184,9992,491,5692,046,4961,753,3131,686,148
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit3,927,9983,820,2173,714,8603,748,0773,758,6793,673,7623,597,7203,513,6493,500,6833,395,6713,345,7283,229,3314,045,8053,166,1592,970,186
Depreciation1,531,1281,431,7421,351,9041,276,4341,219,8801,170,8131,124,0781,061,2611,028,3571,007,205990,064975,280963,504955,269955,239
Amortisation14,17014,17014,17014,17014,17014,17014,17014,17014,17014,17014,17014,17014,17014,1700
Tax-723,754-501,230-880,261-613,007-455,604-420,432-376,447-307,031-213,562-341,799-118,163-209,505-216,747-210,798-246,256
Stock000000-1,810-1,5553,3650000-5,606,6915,606,691
Debtors-129,823-1,332,061499,531-206,548-743,715-219,855-1,177,2531,034,946-1,177,0261,768,10539,288-168,32726,36012,608,018177,993
Creditors351,939-278,983102,031-80,36773,71498,49390,105-20,56520,565000000
Accruals and Deferred Income428,860131,281143,123-254,08746,790141,106112,62814,53944,674272,364304,500-243,28950,158-324,4251,830,803
Deferred Taxes & Provisions000000000-1,475,380117,082207,344218,091180,469752,394
Cash flow from operations5,660,1645,949,2583,946,2964,297,7685,401,3444,897,7675,741,3173,242,6325,568,5481,104,1264,614,0934,141,6585,048,621-3,220,483477,682
Investing Activities
capital expenditure00000-655,918-504,662-451,202-371,358-312,799-262,863-406,422-175,885-832,843859,952
Change in Investments000000000000000
cash flow from investments00000-655,918-504,662-451,202-371,358-312,799-262,863-406,422-175,885-832,843859,952
Financing Activities
Bank loans252,111142,238129,298114,110144,71055,156111,048-202,41439,61361,143223,4146,89882,947444,812688,689
Group/Directors Accounts000000-695,578575,432120,146000000
Other Short Term Loans 8,255-21,26322,52816,89110,9009,92613,49997,254-110,70031,41114,13713,78214,5478,39728,426
Long term loans-2,410,514-16,513,849-1,358,394-2,498,047-3,318,45514,095,971-21,247,5733,908,468-5,199,61816,280,961-1,526,006-1,283,926-1,226,8056,966,23645,758,887
Hire Purchase and Lease Commitments000000000000000
other long term liabilities120,56911,335,012000-16,819,32016,819,32000000000
share issue-90,4272,232,77985,367934,1251,283,145923,0002,576,025-4,810,1652,648,675-14,336,25100001,753,253
interest-1,460,035-1,717,728-1,866,035-1,928,546-2,036,562-2,100,352-2,189,264-2,277,828-2,363,094-2,451,302-2,534,135-2,574,753-3,535,875-2,888,196-2,791,035
cash flow from financing-3,580,041-4,542,811-2,987,236-3,361,467-3,916,262-3,835,619-4,612,523-2,709,253-4,864,978-414,038-3,822,590-3,837,999-4,665,1864,531,24945,438,220
cash and cash equivalents
cash925,113252,280191,034-40,041929,339406,230624,13286,971284,287373,827528,64062,086207,5501,219,7394,955,426
overdraft000000000000000
change in cash925,113252,280191,034-40,041929,339406,230624,13286,971284,287373,827528,64062,086207,5501,219,7394,955,426

foundation for life 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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Foundation For Life Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for foundation for life limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in PR5 area or any other competitors across 12 key performance metrics.

foundation for life limited Ownership

FOUNDATION FOR LIFE LIMITED group structure

Foundation For Life Limited has 6 subsidiary companies.

FOUNDATION FOR LIFE LIMITED Shareholders

eric wright group ltd 60%
community health partnerships ltd 20%
community health partnerships limited 20%

foundation for life limited directors

Foundation For Life Limited currently has 5 directors. The longest serving directors include Mr Jeremy Hartley (Nov 2003) and Ms Lesley McGregor (Oct 2021).

officercountryagestartendrole
Mr Jeremy HartleyEngland59 years Nov 2003- Director
Ms Lesley McGregorUnited Kingdom48 years Oct 2021- Director
Mr Jonathan KerryUnited Kingdom42 years Apr 2023- Director
Mrs Rebecca MasseyUnited Kingdom39 years May 2023- Director
Mrs Jeanette LeachUnited Kingdom47 years Dec 2024- Director

P&L

December 2023

turnover

8.7m

+9%

operating profit

3.9m

+3%

gross margin

67.9%

-4.78%

turnover

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

Balance Sheet

December 2023

net assets

5.1m

+0.37%

total assets

52.5m

0%

cash

11m

+0.09%

net assets

Total assets minus all liabilities

foundation for life limited company details

company number

04934382

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

October 2003

age

22

incorporated

UK

ultimate parent company

ERIC WRIGHT CHARITABLE TRUST

accounts

Group

last accounts submitted

December 2023

previous names

inhoco 2982 limited (November 2003)

accountant

-

auditor

RSM UK AUDIT LLP

address

sceptre house, sceptre way bamber bridge, preston, lancashire, PR5 6AW

Bank

-

Legal Advisor

-

foundation for life 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 8 charges/mortgages relating to foundation for life limited. Currently there are 8 open charges and 0 have been satisfied in the past.

foundation for life 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 FOUNDATION FOR LIFE LIMITED. This can take several minutes, an email will notify you when this has completed.

foundation for life limited Companies House Filings - See Documents

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