care homes 2 limited
care homes 2 limited Company Information
Company Number
05771783
Next Accounts
Sep 2025
Shareholders
care homes holdings limited
Group Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
250 bishopsgate, london, EC2M 4AA
Website
ultimatecarehomes.comcare homes 2 limited Estimated Valuation
Pomanda estimates the enterprise value of CARE HOMES 2 LIMITED at £2m based on a Turnover of £1.6m and 1.26x industry multiple (adjusted for size and gross margin).
care homes 2 limited Estimated Valuation
Pomanda estimates the enterprise value of CARE HOMES 2 LIMITED at £579.1k based on an EBITDA of £133.6k and a 4.34x industry multiple (adjusted for size and gross margin).
care homes 2 limited Estimated Valuation
Pomanda estimates the enterprise value of CARE HOMES 2 LIMITED at £920.3k based on Net Assets of £705.2k and 1.31x industry multiple (adjusted for liquidity).
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Care Homes 2 Limited Overview
Care Homes 2 Limited is a live company located in london, EC2M 4AA with a Companies House number of 05771783. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in April 2006, it's largest shareholder is care homes holdings limited with a 100% stake. Care Homes 2 Limited is a established, small sized company, Pomanda has estimated its turnover at £1.6m with declining growth in recent years.
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Care Homes 2 Limited Health Check
Pomanda's financial health check has awarded Care Homes 2 Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 3 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
3 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£5.5m)
£1.6m - Care Homes 2 Limited
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -49%, show it is growing at a slower rate (4.9%)
-49% - Care Homes 2 Limited
4.9% - Industry AVG
Production
with a gross margin of 53.8%, this company has a comparable cost of product (53.8%)
53.8% - Care Homes 2 Limited
53.8% - Industry AVG
Profitability
an operating margin of 8.5% make it as profitable than the average company (9%)
8.5% - Care Homes 2 Limited
9% - Industry AVG
Employees
with 8 employees, this is below the industry average (14)
- Care Homes 2 Limited
14 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Care Homes 2 Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £196.7k, this is equally as efficient (£223.8k)
- Care Homes 2 Limited
£223.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Care Homes 2 Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Care Homes 2 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Care Homes 2 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Care Homes 2 Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Care Homes 2 Limited
- - Industry AVG
CARE HOMES 2 LIMITED financials
Care Homes 2 Limited's latest turnover from December 2023 is £1.6 million and the company has net assets of £705.2 thousand. According to their latest financial statements, we estimate that Care Homes 2 Limited has 8 employees and maintains cash reserves of £705.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,573,952 | 11,684,192 | 11,978,275 | 12,191,664 | 12,450,013 | 12,428,183 | 12,909,684 | 13,094,283 | 13,200,634 | 13,336,826 | 13,467,135 | 3,266,663 | 3,023,515 | 2,517,092 | 6,542,403 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 133,582 | -361,409 | -251,681 | -281,952 | -20,868 | -279,220 | 17,385 | 54,585 | -12,630 | 164,032 | 297,708 | 464,907 | 577,029 | 715,873 | 734,704 |
| Interest Payable | 12,680,480 | 16,232,265 | 13,110,149 | 13,117,736 | 13,049,025 | 13,138,969 | |||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 308,042 | -277,602 | 361,101 | -1,145,267 | -20,868 | -279,220 | 17,385 | 54,585 | -12,630 | 164,032 | 297,708 | 464,907 | 577,029 | 715,873 | 734,704 |
| Tax | |||||||||||||||
| Profit After Tax | 308,042 | -277,602 | 361,101 | -1,145,267 | -20,868 | -279,220 | 17,385 | 54,585 | -12,630 | 164,032 | 297,708 | 464,907 | 577,029 | 715,873 | 734,704 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 308,042 | -277,602 | 361,101 | -1,145,267 | -20,868 | -279,220 | 17,385 | 54,585 | -12,630 | 164,032 | 297,708 | 464,907 | 577,029 | 715,873 | 734,704 |
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | 133,582 | -361,409 | -251,681 | -281,952 | -20,868 | -279,220 | 17,385 | 54,585 | -12,630 | 164,032 | 297,708 | 464,907 | 577,029 | 715,873 | 734,704 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 68,051,713 | 31,083,925 | 14,541,389 | ||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 22,050,624 | 68,051,713 | 31,083,925 | 14,541,389 | |||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 22,050,624 | 68,051,713 | 31,083,925 | 14,541,389 | |||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | |||||||||||||||
| Group Debtors | 270,682,382 | 271,943,793 | 275,106,005 | 280,471,678 | 284,121,763 | 287,208,213 | 290,662,749 | 294,086,270 | 299,904,908 | 303,118,121 | 305,965,635 | ||||
| Misc Debtors | 45,242,021 | ||||||||||||||
| Cash | 705,190 | 45,086 | 43,446 | 820 | 817 | 855 | 852 | 1,220 | 1,220 | 1,202 | 1,210 | 1,211 | 5,749 | 308,477,593 | 310,819,422 |
| misc current assets | 2,202,094 | 15,412,495 | 30,866,595 | 35,872,208 | 41,029,401 | 54,163,893 | 65,930,185 | 58,051,006 | 363,832,796 | 78,359,230 | |||||
| total current assets | 705,190 | 272,929,562 | 287,399,734 | 305,973,420 | 316,344,703 | 325,152,019 | 341,372,958 | 356,594,154 | 352,138,496 | 363,833,998 | 345,148,139 | 381,478,562 | 305,971,384 | 308,477,593 | 310,819,422 |
| total assets | 705,190 | 272,929,562 | 287,399,734 | 305,973,420 | 316,344,703 | 325,152,019 | 341,372,958 | 356,594,154 | 352,138,496 | 363,833,998 | 367,198,763 | 381,478,562 | 374,023,097 | 339,561,518 | 325,360,811 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 267,167,062 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 4,871,020 | 4,910,230 | 4,675,234 | 4,671,345 | 4,733,005 | 14,213,381 | 16,516,266 | 10,747,463 | 12,465,370 | 8,134,249 | 3,452 | 3,452 | 132,161 | 83,377 | |
| total current liabilities | 272,038,082 | 4,910,230 | 4,675,234 | 4,671,345 | 4,733,005 | 14,213,381 | 16,516,266 | 10,747,463 | 12,465,370 | 8,134,249 | 3,452 | 3,452 | 132,161 | 83,377 | |
| loans | 271,360,032 | 275,371,599 | 279,209,612 | 282,865,691 | 286,377,796 | 289,736,093 | 293,519,268 | 593,225,208 | 315,658,153 | 302,880,091 | 306,022,441 | 309,157,188 | 312,360,663 | ||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 6,138,852 | ||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 1,986,397 | 4,866,458 | 5,425,845 | 6,853,973 | 34,114,618 | 32,333,048 | 14,650,308 | 5,735,394 | |||||||
| total long term liabilities | 273,346,429 | 280,238,057 | 284,635,457 | 289,719,664 | 286,377,796 | 289,736,093 | 293,519,268 | 296,612,604 | 321,797,005 | 319,937,400 | 322,188,965 | 316,482,342 | 315,228,360 | ||
| total liabilities | 272,038,082 | 278,256,659 | 284,913,291 | 289,306,802 | 294,452,669 | 300,591,177 | 306,252,359 | 304,266,731 | 309,077,974 | 329,931,254 | 319,940,852 | 322,192,417 | 316,614,503 | 315,311,737 | |
| net assets | 705,190 | 891,480 | 9,143,075 | 21,060,129 | 27,037,901 | 30,699,350 | 40,781,781 | 50,341,795 | 47,871,765 | 54,756,024 | 37,267,509 | 61,537,710 | 51,830,680 | 22,947,015 | 10,049,074 |
| total shareholders funds | 705,190 | 891,480 | 9,143,075 | 21,060,129 | 27,037,901 | 30,699,350 | 40,781,781 | 50,341,795 | 47,871,765 | 54,756,024 | 37,267,509 | 61,537,710 | 51,830,680 | 22,947,015 | 10,049,074 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 133,582 | -361,409 | -251,681 | -281,952 | -20,868 | -279,220 | 17,385 | 54,585 | -12,630 | 164,032 | 297,708 | 464,907 | 577,029 | 715,873 | 734,704 |
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -270,682,382 | -1,261,411 | -3,162,212 | -5,365,673 | -3,650,085 | -3,086,450 | -3,454,536 | -3,423,521 | 294,086,270 | -345,146,929 | 42,028,808 | -2,847,514 | 305,965,635 | ||
| Creditors | |||||||||||||||
| Accruals and Deferred Income | -4,871,020 | -39,210 | 234,996 | 3,889 | -61,660 | -9,480,376 | -2,302,885 | 5,768,803 | -1,717,907 | -1,807,731 | 14,269,649 | -128,709 | 48,784 | 83,377 | |
| Deferred Taxes & Provisions | -1,986,397 | -2,880,061 | -559,387 | -1,428,128 | 6,853,973 | -34,114,618 | 1,781,570 | 17,682,740 | 8,914,914 | 5,735,394 | |||||
| Cash flow from operations | 265,944,944 | -1,125,605 | 265,466 | 4,528,223 | 2,139,429 | 180,827 | 1,169,036 | 9,246,909 | -295,816,807 | -61,576,069 | 5,093,991 | -287,834,575 | 9,679,571 | 6,553,475 | |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -22,050,624 | 22,050,624 | -68,051,713 | 36,967,788 | 16,542,536 | 14,541,389 | |||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | -267,167,062 | 267,167,062 | |||||||||||||
| Long term loans | -271,360,032 | -4,011,567 | -3,838,013 | -3,656,079 | -3,512,105 | -3,358,297 | -3,783,175 | -299,705,940 | 277,567,055 | 12,778,062 | -3,142,350 | -3,134,747 | -3,203,475 | 312,360,663 | |
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -12,680,480 | -16,232,265 | -13,110,149 | -13,117,736 | -13,049,025 | -13,138,969 | |||||||||
| cash flow from financing | -267,661,394 | -12,166,963 | -16,289,722 | -8,670,518 | -7,296,660 | -25,995,796 | -12,935,696 | -1,367,730 | -306,577,569 | 278,659,273 | -11,789,847 | -7,010,376 | 12,054,153 | -4,070,432 | 308,536,064 |
| cash and cash equivalents | |||||||||||||||
| cash | 660,104 | 1,640 | 42,626 | 3 | -38 | 3 | -368 | 18 | -8 | -1 | -4,538 | -308,471,844 | -2,341,829 | 310,819,422 | |
| overdraft | |||||||||||||||
| change in cash | 660,104 | 1,640 | 42,626 | 3 | -38 | 3 | -368 | 18 | -8 | -1 | -4,538 | -308,471,844 | -2,341,829 | 310,819,422 |
care homes 2 limited Credit Report and Business Information
Care Homes 2 Limited Competitor Analysis
Perform a competitor analysis for care homes 2 limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in EC2M area or any other competitors across 12 key performance metrics.
care homes 2 limited Ownership
CARE HOMES 2 LIMITED group structure
Care Homes 2 Limited has no subsidiary companies.
Ultimate parent company
2 parents
CARE HOMES 2 LIMITED
05771783
care homes 2 limited directors
Care Homes 2 Limited currently has 2 directors. The longest serving directors include Mr Luke Roberts (Apr 2017) and Mr Andrew Tackaberry (May 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Luke Roberts | 45 years | Apr 2017 | - | Director | |
| Mr Andrew Tackaberry | England | 58 years | May 2024 | - | Director |
P&L
December 2023turnover
1.6m
-87%
operating profit
133.6k
-137%
gross margin
53.9%
-3.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
705.2k
-0.21%
total assets
705.2k
-1%
cash
705.2k
+14.64%
net assets
Total assets minus all liabilities
care homes 2 limited company details
company number
05771783
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
April 2006
age
19
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
benchdrift limited (June 2006)
accountant
-
auditor
ERNST & YOUNG LLP
address
250 bishopsgate, london, EC2M 4AA
Bank
-
Legal Advisor
-
care homes 2 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 1 charges/mortgages relating to care homes 2 limited. Currently there are 0 open charges and 1 have been satisfied in the past.
care homes 2 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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care homes 2 limited Companies House Filings - See Documents
| date | description | view/download |
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