care & custody (health) limited
care & custody (health) limited Company Information
Company Number
05881801
Website
http://mitie.comRegistered Address
level 12 the shard, 32 london bridge street, london, england, SE1 9SG
Industry
Other human health activities
Telephone
01895205000
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
mitie treasury management limited 100%
care & custody (health) limited Estimated Valuation
Pomanda estimates the enterprise value of CARE & CUSTODY (HEALTH) LIMITED at £6.5m based on a Turnover of £15.2m and 0.43x industry multiple (adjusted for size and gross margin).
care & custody (health) limited Estimated Valuation
Pomanda estimates the enterprise value of CARE & CUSTODY (HEALTH) LIMITED at £6.1m based on an EBITDA of £1.5m and a 3.96x industry multiple (adjusted for size and gross margin).
care & custody (health) limited Estimated Valuation
Pomanda estimates the enterprise value of CARE & CUSTODY (HEALTH) LIMITED at £15.4m based on Net Assets of £6.6m and 2.32x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Care & Custody (health) Limited Overview
Care & Custody (health) Limited is a live company located in london, SE1 9SG with a Companies House number of 05881801. It operates in the other human health activities sector, SIC Code 86900. Founded in July 2006, it's largest shareholder is mitie treasury management limited with a 100% stake. Care & Custody (health) Limited is a established, mid sized company, Pomanda has estimated its turnover at £15.2m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Care & Custody (health) Limited Health Check
Pomanda's financial health check has awarded Care & Custody (Health) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £15.2m, make it larger than the average company (£720.8k)
£15.2m - Care & Custody (health) Limited
£720.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (5.3%)
-16% - Care & Custody (health) Limited
5.3% - Industry AVG
Production
with a gross margin of 18.3%, this company has a higher cost of product (35.9%)
18.3% - Care & Custody (health) Limited
35.9% - Industry AVG
Profitability
an operating margin of 10.1% make it more profitable than the average company (6%)
10.1% - Care & Custody (health) Limited
6% - Industry AVG
Employees
with 206 employees, this is above the industry average (19)
- Care & Custody (health) Limited
19 - Industry AVG
Pay Structure
on an average salary of £43.4k, the company has a higher pay structure (£24.6k)
- Care & Custody (health) Limited
£24.6k - Industry AVG
Efficiency
resulting in sales per employee of £73.7k, this is more efficient (£43.2k)
- Care & Custody (health) Limited
£43.2k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (22 days)
4 days - Care & Custody (health) Limited
22 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (18 days)
6 days - Care & Custody (health) Limited
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Care & Custody (health) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 21 weeks, this is less cash available to meet short term requirements (141 weeks)
21 weeks - Care & Custody (health) Limited
141 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22.9%, this is a similar level of debt than the average (21.7%)
22.9% - Care & Custody (health) Limited
21.7% - Industry AVG
CARE & CUSTODY (HEALTH) LIMITED financials
Care & Custody (Health) Limited's latest turnover from March 2023 is £15.2 million and the company has net assets of £6.6 million. According to their latest financial statements, we estimate that Care & Custody (Health) Limited has 206 employees and maintains cash reserves of £772 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Mar 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 15,178,000 | 20,910,000 | 22,472,000 | 25,365,000 | 27,035,000 | 24,567,000 | 12,132,000 | 15,658,000 | 11,693,000 | 10,146,515 | 6,883,828 | 7,060,235 | 6,703,612 | 5,708,789 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 12,396,000 | 17,438,000 | 19,175,000 | 21,393,000 | 23,326,000 | 21,895,000 | 10,166,000 | 14,440,000 | 10,560,000 | 9,171,992 | 6,359,048 | 5,441,627 | 6,446,101 | 4,419,130 |
| Gross Profit | 2,782,000 | 3,472,000 | 3,297,000 | 3,972,000 | 3,709,000 | 2,672,000 | 1,966,000 | 1,218,000 | 1,133,000 | 974,523 | 524,780 | 1,618,608 | 257,511 | 1,289,659 |
| Admin Expenses | 1,249,000 | 1,178,000 | 2,467,000 | 2,125,000 | 2,132,000 | 2,012,000 | 1,300,000 | 2,174,000 | 1,071,000 | 52,231 | 943,087 | 148,796 | 538,001 | 366,259 |
| Operating Profit | 1,533,000 | 2,294,000 | 830,000 | 1,847,000 | 1,577,000 | 660,000 | 666,000 | -956,000 | 62,000 | 922,292 | -418,307 | 1,469,812 | -280,490 | 923,400 |
| Interest Payable | 4,000 | 4,000 | 0 | 0 | 0 | 2,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 88,000 | 0 | 0 | 49,000 | 194,000 | 150,000 | 19,000 | 0 | 1,000 | 1,835 | 132 | 0 | 0 | 0 |
| Pre-Tax Profit | 1,617,000 | 2,290,000 | 830,000 | 1,896,000 | 1,771,000 | 808,000 | 685,000 | -956,000 | 63,000 | 924,127 | -418,175 | 1,469,812 | -280,490 | 923,400 |
| Tax | -320,000 | -429,000 | -158,000 | -345,000 | -349,000 | -66,000 | -153,000 | 188,000 | -245,000 | -213,330 | 323,317 | -266,079 | 447 | -259,422 |
| Profit After Tax | 1,297,000 | 1,861,000 | 672,000 | 1,551,000 | 1,422,000 | 742,000 | 532,000 | -768,000 | -182,000 | 710,797 | -94,858 | 1,203,733 | -280,043 | 663,978 |
| Dividends Paid | 0 | 0 | 0 | 0 | 1,178,000 | 0 | 0 | 1,731,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 1,297,000 | 1,861,000 | 672,000 | 1,551,000 | 244,000 | 742,000 | 532,000 | -2,499,000 | -182,000 | 710,797 | -94,858 | 1,203,733 | -280,043 | 663,978 |
| Employee Costs | 8,933,000 | 12,674,000 | 13,448,000 | 14,365,000 | 15,300,000 | 13,699,000 | 8,015,000 | 10,336,000 | 7,727,000 | 6,429,768 | 4,788,793 | 4,875,097 | 4,125,841 | 3,422,160 |
| Number Of Employees | 391 | 401 | 350 | 195 | 233 | 151 | 164 | 172 | 139 | 96 | 87 | |||
| EBITDA* | 1,533,000 | 2,304,000 | 855,000 | 1,875,000 | 1,595,000 | 663,000 | 666,000 | -834,000 | 62,000 | 922,292 | -418,307 | 1,469,812 | -280,490 | 923,400 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Mar 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 262,000 | 124,000 | 36,000 | 63,000 | 36,000 | 0 | 0 | 214,000 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 125,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 131,000 | 57,000 | 44,000 | 47,000 | 62,000 | 108,000 | 140,000 | 30,000 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 125,000 | 131,000 | 67,000 | 80,000 | 110,000 | 98,000 | 108,000 | 140,000 | 244,000 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 193,000 | 832,000 | 1,631,000 | 1,403,000 | 1,337,000 | 1,584,000 | 913,000 | 449,000 | 671,000 | 311,742 | 7,986 | 295,699 | 106,117 | 148,423 |
| Group Debtors | 7,367,000 | 176,000 | 135,000 | 206,000 | 105,000 | 0 | 0 | 0 | 1,746,000 | 3,870,189 | 3,908,499 | 1,776,575 | 664,778 | 203,763 |
| Misc Debtors | 116,000 | 132,000 | 336,000 | 424,000 | 332,000 | 269,000 | 193,000 | 326,000 | 275,000 | 474,524 | 642,189 | 380,130 | 366,647 | 347,372 |
| Cash | 772,000 | 6,657,000 | 4,636,000 | 3,795,000 | 4,519,000 | 4,020,000 | 1,313,000 | 717,000 | 256,000 | 0 | 325,151 | 1,382,324 | 1,753,804 | 1,363,427 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,448,000 | 7,797,000 | 6,738,000 | 5,828,000 | 6,293,000 | 5,873,000 | 2,419,000 | 1,492,000 | 2,948,000 | 4,656,455 | 4,883,825 | 3,834,728 | 2,891,346 | 2,062,985 |
| total assets | 8,573,000 | 7,928,000 | 6,805,000 | 5,908,000 | 6,403,000 | 5,971,000 | 2,527,000 | 1,632,000 | 3,192,000 | 4,656,455 | 4,883,825 | 3,834,728 | 2,891,346 | 2,062,985 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,161,520 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 226,000 | 202,000 | 160,000 | 37,000 | 372,000 | 1,016,000 | 404,000 | 3,000 | 5,000 | 108,780 | 266,065 | 153,913 | 84,793 | 160,564 |
| Group/Directors Accounts | 217,000 | 0 | 0 | 35,000 | 1,203,000 | 43,000 | 0 | 0 | 162,000 | 40,532 | 1,615 | 1,010,685 | 654,204 | 318,040 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,414,000 | 2,407,000 | 3,267,000 | 3,279,000 | 3,883,000 | 3,993,000 | 1,751,000 | 1,791,000 | 688,000 | 788,239 | 1,303,021 | 767,685 | 1,453,637 | 605,626 |
| total current liabilities | 1,857,000 | 2,609,000 | 3,427,000 | 3,351,000 | 5,458,000 | 5,052,000 | 2,155,000 | 1,794,000 | 855,000 | 2,099,071 | 1,570,701 | 1,932,283 | 2,192,634 | 1,084,230 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 6,000 | 211,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 103,000 | 672,000 | 408,000 | 108,000 | 52,000 | 15,000 | 2,000 | 2,000 | 0 | 39,000 | 1,505,537 | 0 | 0 | 0 |
| total long term liabilities | 103,000 | 336,000 | 204,000 | 108,000 | 58,000 | 226,000 | 2,000 | 2,000 | 0 | 39,000 | 1,505,537 | 0 | 0 | 0 |
| total liabilities | 1,960,000 | 2,945,000 | 3,631,000 | 3,459,000 | 5,516,000 | 5,278,000 | 2,157,000 | 1,796,000 | 855,000 | 2,138,071 | 3,076,238 | 1,932,283 | 2,192,634 | 1,084,230 |
| net assets | 6,613,000 | 4,983,000 | 3,174,000 | 2,449,000 | 887,000 | 693,000 | 370,000 | -164,000 | 2,337,000 | 2,518,384 | 1,807,587 | 1,902,445 | 698,712 | 978,755 |
| total shareholders funds | 6,613,000 | 4,983,000 | 3,174,000 | 2,449,000 | 887,000 | 693,000 | 370,000 | -164,000 | 2,337,000 | 2,518,384 | 1,807,587 | 1,902,445 | 698,712 | 978,755 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Mar 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 1,533,000 | 2,294,000 | 830,000 | 1,847,000 | 1,577,000 | 660,000 | 666,000 | -956,000 | 62,000 | 922,292 | -418,307 | 1,469,812 | -280,490 | 923,400 |
| Depreciation | 0 | 10,000 | 25,000 | 28,000 | 18,000 | 3,000 | 0 | 122,000 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -320,000 | -429,000 | -158,000 | -345,000 | -349,000 | -66,000 | -153,000 | 188,000 | -245,000 | -213,330 | 323,317 | -266,079 | 447 | -259,422 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 6,405,000 | -888,000 | 82,000 | 256,000 | -94,000 | 701,000 | 299,000 | 915,000 | -1,934,455 | 97,781 | 3,421,132 | 1,314,862 | 437,984 | 699,558 |
| Creditors | 24,000 | 42,000 | 123,000 | -335,000 | -644,000 | 612,000 | 401,000 | 3,000 | -103,780 | -157,285 | 181,272 | 69,120 | -75,771 | 160,564 |
| Accruals and Deferred Income | -993,000 | -860,000 | -12,000 | -610,000 | -315,000 | 2,453,000 | -40,000 | 1,791,000 | -100,239 | -514,782 | -150,616 | -685,952 | 848,011 | 605,626 |
| Deferred Taxes & Provisions | -569,000 | 264,000 | 300,000 | 56,000 | 37,000 | 13,000 | 0 | 2,000 | -39,000 | -1,466,537 | 1,505,537 | 0 | 0 | 0 |
| Cash flow from operations | -6,730,000 | 2,209,000 | 1,026,000 | 385,000 | 418,000 | 2,974,000 | 575,000 | 235,000 | -1,527,423 | -1,979,929 | -727,961 | 54,213 | 730,610 | |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 125,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 217,000 | 0 | -35,000 | -1,168,000 | 1,160,000 | 43,000 | 0 | 0 | 121,468 | 38,917 | -652,589 | 356,481 | 336,164 | 318,040 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 84,000 | -4,000 | 0 | 49,000 | 194,000 | 148,000 | 19,000 | 0 | 1,000 | 1,835 | 132 | 0 | 0 | 0 |
| cash flow from financing | 634,000 | -56,000 | 18,000 | -1,108,000 | 1,304,000 | -228,000 | 21,000 | 2,335,000 | 123,084 | 40,752 | 551,276 | 356,481 | 336,164 | 632,817 |
| cash and cash equivalents | ||||||||||||||
| cash | -5,885,000 | 2,021,000 | 841,000 | -724,000 | 499,000 | 2,707,000 | 596,000 | 717,000 | 256,000 | -325,151 | -1,428,653 | -371,480 | 390,377 | 1,363,427 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,161,520 | 1,161,520 | 0 | 0 | 0 | 0 |
| change in cash | -5,885,000 | 2,021,000 | 841,000 | -724,000 | 499,000 | 2,707,000 | 596,000 | 717,000 | 1,417,520 | -1,486,671 | -1,428,653 | -371,480 | 390,377 | 1,363,427 |
care & custody (health) limited Credit Report and Business Information
Care & Custody (health) Limited Competitor Analysis
Perform a competitor analysis for care & custody (health) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
care & custody (health) limited Ownership
CARE & CUSTODY (HEALTH) LIMITED group structure
Care & Custody (Health) Limited has no subsidiary companies.
Ultimate parent company
2 parents
CARE & CUSTODY (HEALTH) LIMITED
05881801
care & custody (health) limited directors
Care & Custody (Health) Limited currently has 4 directors. The longest serving directors include Mr Daniel Spencer (Jan 2016) and Mr Peter Dickinson (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Spencer | England | 53 years | Jan 2016 | - | Director |
| Mr Peter Dickinson | England | 62 years | Sep 2020 | - | Director |
| Mr Peter Dickinson | Scotland | 62 years | Sep 2020 | - | Director |
| Mr Matthew Peacock | England | 53 years | Aug 2021 | - | Director |
P&L
March 2023turnover
15.2m
-27%
operating profit
1.5m
-33%
gross margin
18.4%
+10.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
6.6m
+0.33%
total assets
8.6m
+0.08%
cash
772k
-0.88%
net assets
Total assets minus all liabilities
care & custody (health) limited company details
company number
05881801
Type
Private limited with Share Capital
industry
86900 - Other human health activities
incorporation date
July 2006
age
18
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
tascor medical services limited (February 2016)
reliance medical services limited (January 2013)
See moreincorporated
UK
address
level 12 the shard, 32 london bridge street, london, england, SE1 9SG
last accounts submitted
March 2023
care & custody (health) 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 & custody (health) limited. Currently there are 0 open charges and 1 have been satisfied in the past.
care & custody (health) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
