new horizons care limited
new horizons care limited Company Information
Company Number
05891570
Next Accounts
95 days late
Industry
Other human health activities
Shareholders
new horizons care holdings limited
Group Structure
View All
Contact
Registered Address
5 the point, rockingham road, market harborough, leicestershire, LE16 7QU
Website
www.newhorizonscare.co.uknew horizons care limited Estimated Valuation
Pomanda estimates the enterprise value of NEW HORIZONS CARE LIMITED at £1.8m based on a Turnover of £3.1m and 0.59x industry multiple (adjusted for size and gross margin).
new horizons care limited Estimated Valuation
Pomanda estimates the enterprise value of NEW HORIZONS CARE LIMITED at £0 based on an EBITDA of £-172.3k and a 4.48x industry multiple (adjusted for size and gross margin).
new horizons care limited Estimated Valuation
Pomanda estimates the enterprise value of NEW HORIZONS CARE LIMITED at £2.9m based on Net Assets of £1.2m and 2.46x industry multiple (adjusted for liquidity).
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New Horizons Care Limited Overview
New Horizons Care Limited is a live company located in market harborough, LE16 7QU with a Companies House number of 05891570. It operates in the other human health activities sector, SIC Code 86900. Founded in July 2006, it's largest shareholder is new horizons care holdings limited with a 100% stake. New Horizons Care Limited is a established, small sized company, Pomanda has estimated its turnover at £3.1m with declining growth in recent years.
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New Horizons Care Limited Health Check
Pomanda's financial health check has awarded New Horizons Care Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £3.1m, make it larger than the average company (£815.5k)
- New Horizons Care Limited
£815.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (4.6%)
- New Horizons Care Limited
4.6% - Industry AVG
Production
with a gross margin of 36.3%, this company has a comparable cost of product (36.3%)
- New Horizons Care Limited
36.3% - Industry AVG
Profitability
an operating margin of -5.6% make it less profitable than the average company (7%)
- New Horizons Care Limited
7% - Industry AVG
Employees
with 87 employees, this is above the industry average (19)
87 - New Horizons Care Limited
19 - Industry AVG
Pay Structure
on an average salary of £25.5k, the company has an equivalent pay structure (£25.5k)
- New Horizons Care Limited
£25.5k - Industry AVG
Efficiency
resulting in sales per employee of £36k, this is less efficient (£49.6k)
- New Horizons Care Limited
£49.6k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is near the average (23 days)
- New Horizons Care Limited
23 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (17 days)
- New Horizons Care Limited
17 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- New Horizons Care Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 29 weeks, this is less cash available to meet short term requirements (106 weeks)
29 weeks - New Horizons Care Limited
106 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15.4%, this is a lower level of debt than the average (27.5%)
15.4% - New Horizons Care Limited
27.5% - Industry AVG
NEW HORIZONS CARE LIMITED financials
New Horizons Care Limited's latest turnover from December 2022 is estimated at £3.1 million and the company has net assets of £1.2 million. According to their latest financial statements, New Horizons Care Limited has 87 employees and maintains cash reserves of £122.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 87 | 107 | 109 | 133 | 134 | 128 | 154 | 182 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 2,953 | 4,289 | 7,246 | 23,522 | 160,967 | 161,285 | 167,691 | 184,420 | 196,299 | 410,694 | 264,542 | 226,838 | 228,519 | 13,953 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 151,952 | 151,952 | 0 | 0 | 0 | 0 | 100 | 7,500 | 7,500 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,953 | 4,289 | 159,198 | 175,474 | 160,967 | 161,285 | 167,691 | 184,420 | 196,399 | 418,194 | 272,042 | 226,838 | 228,519 | 13,953 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 195,319 | 181,134 | 172,349 | 182,839 | 250,757 | 257,392 | 408,180 | 447,360 | 404,806 | 590,747 | 379,471 | 306,979 | 199,365 | 156,277 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,077,520 | 883,606 | 274,690 | 251,544 | 259,571 | 42,948 | 102,814 | 99,739 | 0 | 7,358 | 0 | 0 | 0 | 0 |
| Cash | 122,115 | 564,751 | 817,290 | 632,912 | 535,542 | 328,275 | 394,245 | 368,018 | 523,733 | 186,320 | 254,829 | 342,876 | 328,590 | 376,321 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,394,954 | 1,629,491 | 1,264,329 | 1,067,295 | 1,045,870 | 628,615 | 905,239 | 915,117 | 928,539 | 784,425 | 634,300 | 649,855 | 527,955 | 532,598 |
| total assets | 1,397,907 | 1,633,780 | 1,423,527 | 1,242,769 | 1,206,837 | 789,900 | 1,072,930 | 1,099,537 | 1,124,938 | 1,202,619 | 906,342 | 876,693 | 756,474 | 546,551 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 9,669 | 9,669 | 9,669 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 27,940 | 6,165 | 15,532 | 2,751 | 7,437 | 5,022 | 26,572 | 14,152 | 682,704 | 752,744 | 667,633 | 536,794 | 521,974 | 431,498 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,669 | 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 | 185,222 | 279,342 | 302,423 | 302,079 | 463,456 | 281,229 | 319,715 | 397,933 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 213,162 | 285,507 | 317,955 | 304,830 | 480,562 | 295,920 | 355,956 | 421,754 | 682,704 | 752,744 | 667,633 | 536,794 | 521,974 | 431,498 |
| loans | 0 | 0 | 0 | 0 | 65,860 | 71,965 | 78,062 | 9,669 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 74,096 | 83,253 | 191,639 | 106,640 | 121,349 | 132,441 | 0 |
| provisions | 2,461 | 2,065 | 1,048 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,461 | 2,065 | 1,048 | 0 | 65,860 | 71,965 | 78,062 | 83,765 | 83,253 | 191,639 | 106,640 | 121,349 | 132,441 | 0 |
| total liabilities | 215,623 | 287,572 | 319,003 | 304,830 | 546,422 | 367,885 | 434,018 | 505,519 | 765,957 | 944,383 | 774,273 | 658,143 | 654,415 | 431,498 |
| net assets | 1,182,284 | 1,346,208 | 1,104,524 | 937,939 | 660,415 | 422,015 | 638,912 | 594,018 | 358,981 | 258,236 | 132,069 | 218,550 | 102,059 | 115,053 |
| total shareholders funds | 1,182,284 | 1,346,208 | 1,104,524 | 937,939 | 660,415 | 422,015 | 638,912 | 594,018 | 358,981 | 258,236 | 132,069 | 218,550 | 102,059 | 115,053 |
| 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 | ||||||||||||||
| Depreciation | 3,600 | 5,113 | 8,468 | 12,114 | 7,922 | 8,602 | 25,568 | 24,932 | 10,278 | 22,898 | 20,724 | 9,809 | 8,969 | 6,942 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 208,099 | 617,701 | 12,656 | -75,945 | 209,988 | -210,654 | -36,105 | 142,293 | -193,299 | 218,634 | 72,492 | 107,614 | 43,088 | 156,277 |
| Creditors | 21,775 | -9,367 | 12,781 | -4,686 | 2,415 | -21,550 | 12,420 | -668,552 | -70,040 | 85,111 | 130,839 | 14,820 | 90,476 | 431,498 |
| Accruals and Deferred Income | -94,120 | -23,081 | 344 | -161,377 | 182,227 | -38,486 | -78,218 | 397,933 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 396 | 1,017 | 1,048 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | -151,952 | 0 | 151,952 | 0 | 0 | 0 | -100 | -7,400 | 0 | 7,500 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | -9,669 | 0 | 0 | 9,669 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | -9,669 | 9,669 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | -65,860 | -6,105 | -6,097 | 68,393 | 9,669 | 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 | -74,096 | -9,157 | -108,386 | 84,999 | -14,709 | -11,092 | 132,441 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -442,636 | -252,539 | 184,378 | 97,370 | 207,267 | -65,970 | 26,227 | -155,715 | 337,413 | -68,509 | -88,047 | 14,286 | -47,731 | 376,321 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -442,636 | -252,539 | 184,378 | 97,370 | 207,267 | -65,970 | 26,227 | -155,715 | 337,413 | -68,509 | -88,047 | 14,286 | -47,731 | 376,321 |
new horizons care limited Credit Report and Business Information
New Horizons Care Limited Competitor Analysis
Perform a competitor analysis for new horizons care limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in LE16 area or any other competitors across 12 key performance metrics.
new horizons care limited Ownership
NEW HORIZONS CARE LIMITED group structure
New Horizons Care Limited has no subsidiary companies.
Ultimate parent company
NEW HORIZONS CARE LIMITED
05891570
new horizons care limited directors
New Horizons Care Limited currently has 3 directors. The longest serving directors include Mr John Cato (Aug 2022) and Mrs Sandie Cato (Jan 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Cato | United Kingdom | 63 years | Aug 2022 | - | Director |
| Mrs Sandie Cato | 58 years | Jan 2024 | - | Director | |
| Ms Jessica Sturgess | 27 years | Oct 2024 | - | Director |
P&L
December 2022turnover
3.1m
-9%
operating profit
-175.9k
0%
gross margin
36.4%
+9.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1.2m
-0.12%
total assets
1.4m
-0.14%
cash
122.1k
-0.78%
net assets
Total assets minus all liabilities
new horizons care limited company details
company number
05891570
Type
Private limited with Share Capital
industry
86900 - Other human health activities
incorporation date
July 2006
age
18
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
-
address
5 the point, rockingham road, market harborough, leicestershire, LE16 7QU
Bank
-
Legal Advisor
-
new horizons care 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 new horizons care limited. Currently there are 0 open charges and 3 have been satisfied in the past.
new horizons care 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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new horizons care limited Companies House Filings - See Documents
| date | description | view/download |
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