redcliffe house limited
redcliffe house limited Company Information
Company Number
05587204
Website
www.redcliffehouse.orgRegistered Address
voyage care wall island, birmingham road, lichfield, staffordshire, WS14 0QP
Industry
Residential care activities for learning disabilities, mental health and substance abuse
Telephone
01482648655
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
voyage care limited 100%
redcliffe house limited Estimated Valuation
Pomanda estimates the enterprise value of REDCLIFFE HOUSE LIMITED at £404.4k based on a Turnover of £698k and 0.58x industry multiple (adjusted for size and gross margin).
redcliffe house limited Estimated Valuation
Pomanda estimates the enterprise value of REDCLIFFE HOUSE LIMITED at £723.2k based on an EBITDA of £161k and a 4.49x industry multiple (adjusted for size and gross margin).
redcliffe house limited Estimated Valuation
Pomanda estimates the enterprise value of REDCLIFFE HOUSE LIMITED at £5.8m based on Net Assets of £1.7m and 3.38x industry multiple (adjusted for liquidity).
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Redcliffe House Limited Overview
Redcliffe House Limited is a dissolved company that was located in lichfield, WS14 0QP with a Companies House number of 05587204. It operated in the residential care activities for mental difficulties, mental health and substance abuse sector, SIC Code 87200. Founded in October 2005, it's largest shareholder was voyage care limited with a 100% stake. The last turnover for Redcliffe House Limited was estimated at £698k.
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Redcliffe House Limited Health Check
Pomanda's financial health check has awarded Redcliffe House Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
3 Weak
Size
annual sales of £698k, make it smaller than the average company (£2.7m)
£698k - Redcliffe House Limited
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (4.6%)
10% - Redcliffe House Limited
4.6% - Industry AVG
Production
with a gross margin of 33.1%, this company has a comparable cost of product (33.1%)
33.1% - Redcliffe House Limited
33.1% - Industry AVG
Profitability
an operating margin of 17.8% make it more profitable than the average company (8.9%)
17.8% - Redcliffe House Limited
8.9% - Industry AVG
Employees
with 19 employees, this is below the industry average (76)
19 - Redcliffe House Limited
76 - Industry AVG
Pay Structure
on an average salary of £22.5k, the company has an equivalent pay structure (£20.4k)
£22.5k - Redcliffe House Limited
£20.4k - Industry AVG
Efficiency
resulting in sales per employee of £36.7k, this is equally as efficient (£32.2k)
£36.7k - Redcliffe House Limited
£32.2k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (22 days)
8 days - Redcliffe House Limited
22 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Redcliffe House Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Redcliffe House Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Redcliffe House Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.9%, this is a higher level of debt than the average (41.9%)
64.9% - Redcliffe House Limited
41.9% - Industry AVG
REDCLIFFE HOUSE LIMITED financials
Redcliffe House Limited's latest turnover from March 2020 is £698 thousand and the company has net assets of £1.7 million. According to their latest financial statements, Redcliffe House Limited has 19 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 698,000 | 684,000 | 674,000 | 520,000 | 536,000 | 449,000 | 808,000 | |||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | ||||||||||||
| Admin Expenses | ||||||||||||
| Operating Profit | 124,000 | 105,000 | 129,000 | 103,000 | 88,000 | 19,000 | 37,000 | |||||
| Interest Payable | 200,000 | 130,000 | 87,000 | 53,000 | 12,000 | 4,000 | 10,000 | |||||
| Interest Receivable | 295,000 | 205,000 | 148,000 | 102,000 | 52,000 | 3,000 | 0 | |||||
| Pre-Tax Profit | 219,000 | 180,000 | 190,000 | 152,000 | 128,000 | 17,000 | 40,000 | |||||
| Tax | -43,000 | 2,000 | 2,000 | 0 | -1,000 | -2,000 | -15,000 | |||||
| Profit After Tax | 176,000 | 182,000 | 192,000 | 152,000 | 127,000 | 15,000 | 25,000 | |||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 6,000 | 14,000 | |||||
| Retained Profit | 176,000 | 182,000 | 192,000 | 152,000 | 127,000 | 9,000 | 11,000 | |||||
| Employee Costs | 428,000 | 453,000 | 420,000 | 318,000 | 287,000 | 281,000 | 563,000 | |||||
| Number Of Employees | 19 | 20 | 20 | 17 | 17 | 17 | ||||||
| EBITDA* | 161,000 | 139,000 | 156,000 | 124,000 | 107,000 | 26,000 | 51,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 431,000 | 445,000 | 463,000 | 443,000 | 430,000 | 375,000 | 378,000 | 391,090 | 392,738 | 400,204 | 410,380 | 422,048 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,143,919 | 1,143,919 | 1,143,919 | 1,143,919 | 1,143,919 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 138,000 | 137,920 | 137,920 | 137,920 | 137,920 | 137,820 |
| Debtors (Due After 1 year) | 4,410,000 | 3,179,000 | 2,322,000 | 1,606,000 | 998,000 | 464,000 | 412,000 | 487,670 | 534,113 | 557,335 | 0 | 0 |
| Total Fixed Assets | 4,841,000 | 3,624,000 | 2,785,000 | 2,049,000 | 1,428,000 | 839,000 | 928,000 | 2,160,599 | 2,208,690 | 2,239,378 | 1,692,219 | 1,703,787 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 16,000 | 73,000 | 20,000 | 57,000 | 46,000 | 40,000 | 74,000 | 42,812 | 22,072 | 10,213 | 637,869 | 48,985 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 7,000 | 4,000 | 3,000 | 2,000 | 22,000 | 32,000 | 11,000 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 40,000 | 6,000 | 1,091 | 2,836 | 9,781 | 31,517 | 43,233 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 23,000 | 77,000 | 23,000 | 59,000 | 68,000 | 112,000 | 91,000 | 43,903 | 24,908 | 19,994 | 669,386 | 92,218 |
| total assets | 4,864,000 | 3,701,000 | 2,808,000 | 2,108,000 | 1,496,000 | 951,000 | 1,019,000 | 2,204,502 | 2,233,598 | 2,259,372 | 2,361,605 | 1,796,005 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 82,000 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 47,000 | 186,921 | 143,292 | 148,242 | 103,473 | 213,231 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 3,000 | 0 | 0 | 0 | 0 | 3,000 | 5,000 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 86,000 | 25,000 | 23,000 | 24,000 | 24,000 | 67,000 | 80,000 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 89,000 | 25,000 | 23,000 | 24,000 | 24,000 | 70,000 | 214,000 | 186,921 | 143,292 | 148,242 | 103,473 | 213,231 |
| loans | 3,061,000 | 2,145,000 | 1,436,000 | 927,000 | 467,000 | 0 | 694,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 7,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 775,840 | 857,504 | 898,336 | 980,000 | 376,884 |
| provisions | 0 | 0 | 0 | 0 | 0 | 3,000 | 3,000 | 1,076 | 1,076 | 1,076 | 1,076 | 321,406 |
| total long term liabilities | 3,068,000 | 2,145,000 | 1,436,000 | 927,000 | 467,000 | 3,000 | 697,000 | 776,916 | 858,580 | 899,412 | 981,076 | 698,290 |
| total liabilities | 3,157,000 | 2,170,000 | 1,459,000 | 951,000 | 491,000 | 73,000 | 911,000 | 963,837 | 1,001,872 | 1,047,654 | 1,084,549 | 911,521 |
| net assets | 1,707,000 | 1,531,000 | 1,349,000 | 1,157,000 | 1,005,000 | 878,000 | 108,000 | 1,240,665 | 1,231,726 | 1,211,718 | 1,277,056 | 884,484 |
| total shareholders funds | 1,707,000 | 1,531,000 | 1,349,000 | 1,157,000 | 1,005,000 | 878,000 | 108,000 | 1,240,665 | 1,231,726 | 1,211,718 | 1,277,056 | 884,484 |
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 124,000 | 105,000 | 129,000 | 103,000 | 88,000 | 19,000 | 37,000 | |||||
| Depreciation | 37,000 | 34,000 | 27,000 | 21,000 | 19,000 | 7,000 | 14,000 | 14,398 | 11,646 | 11,418 | 11,668 | 12,185 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -43,000 | 2,000 | 2,000 | 0 | -1,000 | -2,000 | -15,000 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,177,000 | 911,000 | 680,000 | 599,000 | 530,000 | 39,000 | -33,482 | -25,703 | -11,363 | -70,321 | 588,884 | 48,985 |
| Creditors | 0 | 0 | 0 | 0 | 0 | -47,000 | -139,921 | 43,629 | -4,950 | 44,769 | -109,758 | 213,231 |
| Accruals and Deferred Income | 61,000 | 2,000 | -1,000 | 0 | -43,000 | -13,000 | 80,000 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -3,000 | 0 | 1,924 | 0 | 0 | 0 | -320,330 | 321,406 |
| Cash flow from operations | -998,000 | -768,000 | -523,000 | -475,000 | -470,000 | -75,000 | 11,485 | |||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | -138,000 | 80 | 0 | 0 | 0 | 100 | 137,820 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | -82,000 | 82,000 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 916,000 | 709,000 | 509,000 | 460,000 | 467,000 | -694,000 | 694,000 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 10,000 | 0 | 0 | 0 | -3,000 | -2,000 | 5,000 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -775,840 | -81,664 | -40,832 | -81,664 | 603,116 | 376,884 |
| share issue | ||||||||||||
| interest | 95,000 | 75,000 | 61,000 | 49,000 | 40,000 | -1,000 | -10,000 | |||||
| cash flow from financing | 1,021,000 | 784,000 | 570,000 | 509,000 | 504,000 | -18,000 | -1,148,505 | |||||
| cash and cash equivalents | ||||||||||||
| cash | 0 | 0 | 0 | 0 | -40,000 | 34,000 | 4,909 | -1,745 | -6,945 | -21,736 | -11,716 | 43,233 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -40,000 | 34,000 | 4,909 | -1,745 | -6,945 | -21,736 | -11,716 | 43,233 |
redcliffe house limited Credit Report and Business Information
Redcliffe House Limited Competitor Analysis
Perform a competitor analysis for redcliffe house limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other undefined companies, companies in WS14 area or any other competitors across 12 key performance metrics.
redcliffe house limited Ownership
REDCLIFFE HOUSE LIMITED group structure
Redcliffe House Limited has 1 subsidiary company.
Ultimate parent company
2 parents
REDCLIFFE HOUSE LIMITED
05587204
1 subsidiary
redcliffe house limited directors
Redcliffe House Limited currently has 2 directors. The longest serving directors include Mr Andrew Cannon (Aug 2015) and Mr Shaun Parker (Jan 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Cannon | England | 55 years | Aug 2015 | - | Director |
| Mr Shaun Parker | 63 years | Jan 2019 | - | Director |
P&L
March 2020turnover
698k
+2%
operating profit
124k
+18%
gross margin
33.1%
-4.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2020net assets
1.7m
+0.11%
total assets
4.9m
+0.31%
cash
0
0%
net assets
Total assets minus all liabilities
redcliffe house limited company details
company number
05587204
Type
Private limited with Share Capital
industry
87200 - Residential care activities for learning disabilities, mental health and substance abuse
incorporation date
October 2005
age
19
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2020
previous names
N/A
accountant
-
auditor
KPMG LLP
address
voyage care wall island, birmingham road, lichfield, staffordshire, WS14 0QP
Bank
-
Legal Advisor
-
redcliffe house 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 redcliffe house limited. Currently there are 0 open charges and 6 have been satisfied in the past.
redcliffe house limited Companies House Filings - See Documents
| date | description | view/download |
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