united care developments limited
united care developments limited Company Information
Company Number
05634447
Next Accounts
Dec 2025
Shareholders
jitu patel
Group Structure
View All
Industry
Residential care activities for the elderly and disabled
Registered Address
9-11 vittoria street, birmingham, B1 3ND
Website
-united care developments limited Estimated Valuation
Pomanda estimates the enterprise value of UNITED CARE DEVELOPMENTS LIMITED at £401.9m based on a Turnover of £240.5m and 1.67x industry multiple (adjusted for size and gross margin).
united care developments limited Estimated Valuation
Pomanda estimates the enterprise value of UNITED CARE DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-5.2k and a 13.52x industry multiple (adjusted for size and gross margin).
united care developments limited Estimated Valuation
Pomanda estimates the enterprise value of UNITED CARE DEVELOPMENTS LIMITED at £0 based on Net Assets of £-88.7k and 2.93x industry multiple (adjusted for liquidity).
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United Care Developments Limited Overview
United Care Developments Limited is a live company located in birmingham, B1 3ND with a Companies House number of 05634447. It operates in the residential care activities for the elderly and disabled sector, SIC Code 87300. Founded in November 2005, it's largest shareholder is jitu patel with a 100% stake. United Care Developments Limited is a mature, mega sized company, Pomanda has estimated its turnover at £240.5m with low growth in recent years.
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United Care Developments Limited Health Check
Pomanda's financial health check has awarded United Care Developments Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £240.5m, make it larger than the average company (£3.3m)
- United Care Developments Limited
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (6.8%)
- United Care Developments Limited
6.8% - Industry AVG
Production
with a gross margin of 38.9%, this company has a comparable cost of product (38.9%)
- United Care Developments Limited
38.9% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (10.6%)
- United Care Developments Limited
10.6% - Industry AVG
Employees
with 5888 employees, this is above the industry average (75)
- United Care Developments Limited
75 - Industry AVG
Pay Structure
on an average salary of £24.3k, the company has an equivalent pay structure (£24.3k)
- United Care Developments Limited
£24.3k - Industry AVG
Efficiency
resulting in sales per employee of £40.8k, this is equally as efficient (£40.8k)
- United Care Developments Limited
£40.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- United Care Developments Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- United Care Developments Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is more than average (0 days)
- United Care Developments Limited
0 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - United Care Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 111.7%, this is a higher level of debt than the average (44.6%)
111.7% - United Care Developments Limited
44.6% - Industry AVG
UNITED CARE DEVELOPMENTS LIMITED financials
United Care Developments Limited's latest turnover from March 2024 is estimated at £240.5 million and the company has net assets of -£88.7 thousand. According to their latest financial statements, we estimate that United Care Developments Limited has 5,888 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | -750 | -641 | -966 | ||||||||||||
| Interest Payable | 952 | 46 | |||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -750 | -1,593 | -1,012 | ||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | -750 | -1,593 | -1,012 | ||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | -750 | -1,593 | -1,012 | ||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | -750 | -641 | -966 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | |||||||||||||||
| Stock & work in progress | 757,912 | 757,912 | 757,912 | 737,309 | 723,089 | 665,475 | 813,745 | 785,235 | 784,495 | 783,222 | 783,222 | 780,841 | 748,664 | 708,906 | 708,906 |
| Trade Debtors | |||||||||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | |||||||||||||||
| misc current assets | |||||||||||||||
| total current assets | 757,912 | 757,912 | 757,912 | 737,309 | 723,089 | 665,475 | 813,745 | 785,235 | 784,495 | 783,222 | 783,222 | 780,841 | 748,664 | 708,906 | 708,906 |
| total assets | 757,912 | 757,912 | 757,912 | 737,309 | 723,089 | 665,475 | 813,745 | 785,235 | 784,495 | 783,222 | 783,222 | 780,841 | 748,664 | 708,906 | 708,906 |
| Bank overdraft | 2,625 | ||||||||||||||
| Bank loan | 595,000 | ||||||||||||||
| Trade Creditors | 808,580 | 807,800 | 804,706 | ||||||||||||
| Group/Directors Accounts | 407,550 | 402,394 | 550,107 | 788,966 | 760,394 | 691,129 | 828,379 | 799,059 | 797,523 | 771,029 | 730,521 | 131,303 | |||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 439,069 | 439,069 | 283,200 | 13,170 | 13,169 | 12,329 | 13,110 | 13,110 | 13,110 | 750 | 750 | 750 | |||
| total current liabilities | 846,619 | 841,463 | 833,307 | 802,136 | 773,563 | 703,458 | 841,489 | 812,169 | 810,633 | 808,580 | 807,800 | 804,706 | 771,779 | 731,271 | 729,678 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 846,619 | 841,463 | 833,307 | 802,136 | 773,563 | 703,458 | 841,489 | 812,169 | 810,633 | 808,580 | 807,800 | 804,706 | 771,779 | 731,271 | 729,678 |
| net assets | -88,707 | -83,551 | -75,395 | -64,827 | -50,474 | -37,983 | -27,744 | -26,934 | -26,138 | -25,358 | -24,578 | -23,865 | -23,115 | -22,365 | -20,772 |
| total shareholders funds | -88,707 | -83,551 | -75,395 | -64,827 | -50,474 | -37,983 | -27,744 | -26,934 | -26,138 | -25,358 | -24,578 | -23,865 | -23,115 | -22,365 | -20,772 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -750 | -641 | -966 | ||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | 20,603 | 14,220 | 57,614 | -148,270 | 28,510 | 740 | 1,273 | 2,381 | 32,177 | 39,758 | 708,906 | ||||
| Debtors | |||||||||||||||
| Creditors | -808,580 | 780 | 3,094 | 804,706 | |||||||||||
| Accruals and Deferred Income | 155,869 | 270,030 | 1 | 840 | -781 | 13,110 | -750 | 750 | |||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -40,508 | -641 | -709,122 | ||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -595,000 | 595,000 | |||||||||||||
| Group/Directors Accounts | 5,156 | -147,713 | -238,859 | 28,572 | 69,265 | -137,250 | 29,320 | 1,536 | 797,523 | -771,029 | 40,508 | 599,218 | 131,303 | ||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -952 | -46 | |||||||||||||
| cash flow from financing | 40,508 | 3,266 | 706,497 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | |||||||||||||||
| overdraft | -2,625 | 2,625 | |||||||||||||
| change in cash | 2,625 | -2,625 |
united care developments limited Credit Report and Business Information
United Care Developments Limited Competitor Analysis
Perform a competitor analysis for united care developments limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other mega companies, companies in B 1 area or any other competitors across 12 key performance metrics.
united care developments limited Ownership
UNITED CARE DEVELOPMENTS LIMITED group structure
United Care Developments Limited has no subsidiary companies.
Ultimate parent company
UNITED CARE DEVELOPMENTS LIMITED
05634447
united care developments limited directors
United Care Developments Limited currently has 2 directors. The longest serving directors include Mr Jitendra Patel (Dec 2005) and Mr Abhishek Verma (Mar 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jitendra Patel | England | 69 years | Dec 2005 | - | Director |
| Mr Abhishek Verma | England | 45 years | Mar 2022 | - | Director |
P&L
March 2024turnover
240.5m
+11%
operating profit
-5.2k
0%
gross margin
38.9%
+0.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-88.7k
+0.06%
total assets
757.9k
0%
cash
0
0%
net assets
Total assets minus all liabilities
united care developments limited company details
company number
05634447
Type
Private limited with Share Capital
industry
87300 - Residential care activities for the elderly and disabled
incorporation date
November 2005
age
20
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
cobco 723 limited (December 2005)
accountant
UHY HACKER YOUNG (BHAM) LLP
auditor
-
address
9-11 vittoria street, birmingham, B1 3ND
Bank
-
Legal Advisor
-
united care developments 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 3 charges/mortgages relating to united care developments limited. Currently there are 3 open charges and 0 have been satisfied in the past.
united care developments 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 UNITED CARE DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
united care developments limited Companies House Filings - See Documents
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