Pomanda estimates the enterprise value of NORTH EAST CARE HOMES LIMITED at £4.9m based on a Turnover of £6.5m and 0.76x industry multiple (adjusted for size and gross margin).
north east care homes limitedEstimated Valuation
£4.3m
Pomanda estimates the enterprise value of NORTH EAST CARE HOMES LIMITED at £4.3m based on an EBITDA of £697.5k and a 6.14x industry multiple (adjusted for size and gross margin).
north east care homes limitedEstimated Valuation
£2.2m
Pomanda estimates the enterprise value of NORTH EAST CARE HOMES LIMITED at £2.2m based on Net Assets of £751k and 2.93x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
North East Care Homes LimitedOverview
North East Care Homes Limited is a live company located in gateshead, NE11 9SY with a Companies House number of 05093360. It operates in the residential care activities for the elderly and disabled sector, SIC Code 87300. Founded in April 2004, it's largest shareholder is
ravinder dhugga
with a 50% stake. North East Care Homes Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£6.5m with
high
growth in recent years.
Pomanda's financial health check has awarded North East Care Homes Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
5 Strong
1 Regular
6 Weak
Size
annual sales of £6.5m, make it larger than the average company (£3.3m)
£6.5m - North East Care Homes Limited
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (7.9%)
16% - North East Care Homes Limited
7.9% - Industry AVG
Production
with a gross margin of 29.6%, this company has a higher cost of product (39%)
29.6% - North East Care Homes Limited
39% - Industry AVG
Profitability
an operating margin of 8.1% make it less profitable than the average company (12.5%)
8.1% - North East Care Homes Limited
12.5% - Industry AVG
Employees
with 190 employees, this is above the industry average (77)
190 - North East Care Homes Limited
77 - Industry AVG
Pay Structure
on an average salary of £24.6k, the company has an equivalent pay structure (£24.6k)
£24.6k - North East Care Homes Limited
£24.6k - Industry AVG
Efficiency
resulting in sales per employee of £34k, this is less efficient (£42.1k)
£34k - North East Care Homes Limited
£42.1k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is later than average (16 days)
28 days - North East Care Homes Limited
16 days - Industry AVG
Creditor Days
its suppliers are paid after 79 days, this is slower than average (12 days)
79 days - North East Care Homes Limited
12 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (0 days)
0 days - North East Care Homes Limited
0 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 23 weeks, this is less cash available to meet short term requirements (36 weeks)
23 weeks - North East Care Homes Limited
36 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.8%, this is a higher level of debt than the average (43.7%)
87.8% - North East Care Homes Limited
43.7% - Industry AVG
NORTH EAST CARE HOMES LIMITED financials
EXPORT
North East Care Homes Limited's latest turnover from July 2024 is estimated at £6.5 million and the company has net assets of £751 thousand. According to their latest financial statements, North East Care Homes Limited has 190 employees and maintains cash reserves of £439.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Turnover
6,453,427
4,971,861
5,425,532
4,135,392
2,850,328
607,389
1,844,645
4,746,199
2,887,243
2,982,196
2,460,874
2,384,560
2,355,756
2,330,988
3,450,119
Other Income Or Grants
Cost Of Sales
4,546,327
3,503,503
3,871,669
3,000,669
1,972,719
423,398
1,265,248
3,162,864
1,961,161
303,817
151,903
118,524
128,911
118,027
166,381
Gross Profit
1,907,101
1,468,357
1,553,863
1,134,722
877,609
183,992
579,397
1,583,335
926,082
2,678,379
2,308,971
2,266,036
2,226,845
2,212,961
3,283,738
Admin Expenses
1,387,168
1,836,637
1,341,994
790,601
1,767,671
49,633
863,859
1,792,717
1,643,416
2,650,838
2,030,096
1,751,230
1,609,680
1,535,417
2,331,012
Operating Profit
519,933
-368,280
211,869
344,121
-890,062
134,359
-284,462
-209,382
-717,334
27,541
278,875
514,806
617,165
677,544
952,726
Interest Payable
22,304
45,403
25,560
179,331
357,955
232,971
242,516
189,342
339,130
196,918
236,400
Interest Receivable
17,370
21,983
6,431
220
52
513
1,061
425
252
382
1,372
1,422
26
Pre-Tax Profit
537,303
-346,297
218,300
322,037
-935,414
109,312
-283,401
-388,288
-1,075,037
-205,048
37,731
326,786
278,035
480,626
932,445
Tax
-134,326
-41,477
-61,187
-20,769
-63,451
-52,554
107,169
-49,942
-98,671
-278,000
Profit After Tax
402,977
-346,297
176,823
260,850
-935,414
88,543
-283,401
-388,288
-1,075,037
-268,499
-14,823
433,955
228,093
381,955
654,445
Dividends Paid
Retained Profit
402,977
-346,297
176,823
260,850
-935,414
88,543
-283,401
-388,288
-1,075,037
-268,499
-14,823
433,955
228,093
381,955
654,445
Employee Costs
4,671,218
4,140,964
4,301,894
2,445,231
2,355,733
37,544
35,274
2,038,520
1,343,421
14,658
815,073
1,264,540
1,277,771
1,215,165
1,830,140
Number Of Employees
190
180
201
120
120
2
2
119
85
1
77
114
113
105
97
EBITDA*
697,519
-183,500
406,432
543,692
-738,232
134,359
159,202
219,062
-354,380
374,192
562,927
544,883
650,438
747,120
1,056,208
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Tangible Assets
4,390,355
4,498,707
4,623,670
4,762,505
4,910,229
6,914,372
7,050,079
7,405,494
7,727,532
8,125,480
8,386,119
6,013,266
5,475,967
5,456,144
5,294,190
Intangible Assets
800,000
850,000
900,000
950,000
1,000,000
3,123
9,372
15,624
Investments & Other
22,085
100
Debtors (Due After 1 year)
224,767
217,217
Total Fixed Assets
5,190,355
5,348,707
5,523,670
5,712,505
5,910,229
6,914,372
7,050,079
7,405,494
7,952,299
8,342,697
8,386,119
6,035,351
5,479,190
5,465,516
5,309,814
Stock & work in progress
6,000
6,500
6,000
5,000
4,045
5,661
6,069
2,578
2,124
3,535
4,220
3,550
3,550
3,850
Trade Debtors
504,636
324,261
329,182
370,612
300,487
128,253
117,356
197,040
333,996
1,063,400
118,503
78,707
82,207
57,172
141,625
Group Debtors
1,036,295
635,124
Misc Debtors
30,242
42,434
16,016
799,935
350,806
632,350
398,790
310,845
Cash
439,877
221,830
657,491
371,495
68,600
34,411
102,470
321,910
18,081
82,667
53,430
357,010
779,007
1,213,896
233,411
misc current assets
46,727
total current assets
950,513
552,591
992,673
747,107
403,374
210,759
219,826
525,019
417,398
1,148,191
2,011,698
1,425,867
1,497,114
1,673,408
689,731
total assets
6,140,868
5,901,298
6,516,343
6,459,612
6,313,603
7,125,131
7,269,905
7,930,513
8,369,697
9,490,888
10,397,817
7,461,218
6,976,304
7,138,924
5,999,545
Bank overdraft
731,289
757,346
695,477
Bank loan
368,738
368,738
140,400
139,200
266,612
Trade Creditors
993,329
879,536
871,084
713,976
63,316
57,880
934,314
1,062,546
141,296
17,089
206,122
36,222
23,200
20,268
17,468
Group/Directors Accounts
98,370
45,736
16,621
857,228
23,312
other short term finances
hp & lease commitments
other current liabilities
188,450
153,439
223,008
758,054
276,873
296,426
586,526
829,702
total current liabilities
993,329
879,536
871,084
713,976
1,081,425
1,014,401
934,314
1,062,546
1,076,402
874,317
1,332,914
681,833
483,338
745,994
1,113,782
loans
5,043,115
5,275,404
6,915,668
4,645,796
4,638,332
4,776,388
3,629,176
hp & lease commitments
Accruals and Deferred Income
other liabilities
4,396,518
4,673,718
4,950,918
5,228,118
4,975,510
5,918,648
6,232,052
6,481,027
1,474,952
1,474,952
provisions
15,950
30,469
155,000
145,000
167,000
total long term liabilities
4,396,518
4,673,718
4,950,918
5,228,118
4,975,510
5,918,648
6,232,052
6,481,027
6,518,067
6,766,306
6,946,137
4,645,796
4,793,332
4,921,388
3,796,176
total liabilities
5,389,847
5,553,254
5,822,002
5,942,094
6,056,935
6,933,049
7,166,366
7,543,573
7,594,469
7,640,623
8,279,051
5,327,629
5,276,670
5,667,382
4,909,958
net assets
751,021
348,044
694,341
517,518
256,668
192,082
103,539
386,940
775,228
1,850,265
2,118,766
2,133,589
1,699,634
1,471,542
1,089,587
total shareholders funds
751,021
348,044
694,341
517,518
256,668
192,082
103,539
386,940
775,228
1,850,265
2,118,766
2,133,589
1,699,634
1,471,542
1,089,587
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Operating Activities
Operating Profit
519,933
-368,280
211,869
344,121
-890,062
134,359
-284,462
-209,382
-717,334
27,541
278,875
514,806
617,165
677,544
952,726
Depreciation
127,586
134,780
144,563
149,571
151,830
443,664
428,444
362,954
346,651
284,052
26,954
27,024
63,324
94,106
Amortisation
50,000
50,000
50,000
50,000
3,123
6,249
6,252
9,376
Tax
-134,326
-41,477
-61,187
-20,769
-63,451
-52,554
107,169
-49,942
-98,671
-278,000
Stock
-500
500
1,000
955
-1,616
5,661
-6,069
3,491
454
-1,411
-685
670
-300
3,850
Debtors
180,375
-4,921
-41,430
39,883
160,042
53,331
-79,684
-377,739
-705,838
-674,116
890,096
350,080
258,595
3,492
452,470
Creditors
113,793
8,452
157,108
650,660
5,436
-876,434
-128,232
921,250
124,207
-189,033
169,900
13,022
2,932
2,800
17,468
Accruals and Deferred Income
-188,450
35,011
153,439
-223,008
223,008
-758,054
481,181
-19,553
-290,100
-243,176
829,702
Deferred Taxes & Provisions
-15,950
-14,519
30,469
-155,000
10,000
-22,000
167,000
Cash flow from operations
497,111
-170,627
562,493
903,877
-856,211
-668,397
116,723
1,291,552
682,269
24,662
302,512
139,771
64,733
382,881
1,336,058
Investing Activities
capital expenditure
-19,234
-9,817
-5,728
-1,847
852,313
135,707
-88,249
-106,406
34,994
-86,012
-2,656,905
-564,253
-46,847
-225,768
575,799
Change in Investments
-22,085
21,985
100
cash flow from investments
-19,234
-9,817
-5,728
-1,847
852,313
135,707
-88,249
-106,406
34,994
-86,012
-2,634,820
-586,238
-46,947
-225,768
575,799
Financing Activities
Bank loans
-368,738
228,338
1,200
-127,412
266,612
Group/Directors Accounts
-98,370
52,634
45,736
-16,621
-840,607
857,228
-23,312
23,312
Other Short Term Loans
Long term loans
-5,043,115
-232,289
-1,640,264
2,269,872
7,464
-138,056
1,147,212
3,629,176
Hire Purchase and Lease Commitments
other long term liabilities
-277,200
-277,200
-277,200
252,608
-943,138
-313,404
-248,975
5,006,075
1,474,952
share issue
1,000,000
-2
-1
435,142
interest
17,370
21,983
6,431
-22,084
-45,351
-25,047
1,061
-178,906
-357,703
-232,589
-241,144
-187,920
-339,130
-196,918
-236,374
cash flow from financing
-259,830
-255,217
-270,769
132,154
64,145
-292,715
-247,914
-232,567
-1,430,599
90,587
2,028,728
24,570
-452,675
822,882
4,094,556
cash and cash equivalents
cash
218,047
-435,661
285,996
302,895
34,189
-68,059
-219,440
303,829
-64,586
29,237
-303,580
-421,997
-434,889
980,485
233,411
overdraft
-731,289
-26,057
757,346
-695,477
695,477
change in cash
218,047
-435,661
285,996
1,034,184
60,246
-825,405
-219,440
999,306
-760,063
29,237
-303,580
-421,997
-434,889
980,485
233,411
north east care homes limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for north east care homes limited. Get real-time insights into north east care homes limited's credit score, group structure and payment trends.
Perform a competitor analysis for north east care homes limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other mid companies, companies in NE11 area or any other competitors across 12 key performance metrics.
north east care homes limited Ownership
NORTH EAST CARE HOMES LIMITED group structure
North East Care Homes Limited has no subsidiary companies.
Ultimate parent company
NORTH EAST CARE HOMES LIMITED
05093360
NORTH EAST CARE HOMES LIMITED Shareholders
The largest shareholders in North East Care Homes Limited include Ravinder Dhugga and Tarsem Chopra.
ravinder dhugga
50%
tarsem chopra
50%
north east care homes limited directors
North East Care Homes Limited currently has 3 directors.
The longest serving directors include
Mr Ravinder Dhugga (Apr 2004) and
Mr Tarsem Chopra (Apr 2004).
87300 - Residential care activities for the elderly and disabled
incorporation date
April 2004
age
21
incorporated
UK
ultimate parent company
None
accounts
Unaudited Abridged
last accounts submitted
July 2024
previous names
N/A
accountant
FLANNAGANS
auditor
-
address
flannagans unit 7 bankside, the watermark, gateshead, NE11 9SY
Bank
BARCLAYS BANK PLC
Legal Advisor
-
north east care homes 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 10 charges/mortgages relating to north east care homes limited. Currently there are 6 open charges and 4 have been satisfied in the past.
north east care homes 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 NORTH EAST CARE HOMES LIMITED. This can take several minutes, an email will notify you when this has completed.
north east care homes limitedCompanies House Filings - See Documents
