hastings court ltd
hastings court ltd Company Information
Company Number
05980520
Next Accounts
Sep 2025
Shareholders
gibson bidco limited
Group Structure
View All
Industry
Residential nursing care activities
Registered Address
lambwood heights, 244 lambourne road, chigwell, IG7 6HX
Website
www.hastingscourt.co.ukhastings court ltd Estimated Valuation
Pomanda estimates the enterprise value of HASTINGS COURT LTD at £3.5m based on a Turnover of £4.6m and 0.75x industry multiple (adjusted for size and gross margin).
hastings court ltd Estimated Valuation
Pomanda estimates the enterprise value of HASTINGS COURT LTD at £7.7m based on an EBITDA of £1.2m and a 6.37x industry multiple (adjusted for size and gross margin).
hastings court ltd Estimated Valuation
Pomanda estimates the enterprise value of HASTINGS COURT LTD at £12m based on Net Assets of £4.4m and 2.75x industry multiple (adjusted for liquidity).
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Hastings Court Ltd Overview
Hastings Court Ltd is a live company located in chigwell, IG7 6HX with a Companies House number of 05980520. It operates in the residential nursing care facilities sector, SIC Code 87100. Founded in October 2006, it's largest shareholder is gibson bidco limited with a 100% stake. Hastings Court Ltd is a established, small sized company, Pomanda has estimated its turnover at £4.6m with declining growth in recent years.
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Hastings Court Ltd Health Check
Pomanda's financial health check has awarded Hastings Court Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs
3 Strong
6 Regular
2 Weak
Size
annual sales of £4.6m, make it in line with the average company (£4.6m)
- Hastings Court Ltd
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (6.6%)
- Hastings Court Ltd
6.6% - Industry AVG
Production
with a gross margin of 36.1%, this company has a comparable cost of product (36.1%)
- Hastings Court Ltd
36.1% - Industry AVG
Profitability
an operating margin of 24% make it more profitable than the average company (14.1%)
- Hastings Court Ltd
14.1% - Industry AVG
Employees
with 127 employees, this is similar to the industry average (109)
127 - Hastings Court Ltd
109 - Industry AVG
Pay Structure
on an average salary of £23.9k, the company has an equivalent pay structure (£23.9k)
- Hastings Court Ltd
£23.9k - Industry AVG
Efficiency
resulting in sales per employee of £36.3k, this is equally as efficient (£42.4k)
- Hastings Court Ltd
£42.4k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is near the average (19 days)
- Hastings Court Ltd
19 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (18 days)
- Hastings Court Ltd
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hastings Court Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 20 weeks, this is more cash available to meet short term requirements (9 weeks)
20 weeks - Hastings Court Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 18.1%, this is a lower level of debt than the average (57.1%)
18.1% - Hastings Court Ltd
57.1% - Industry AVG
HASTINGS COURT LTD financials
Hastings Court Ltd's latest turnover from December 2023 is estimated at £4.6 million and the company has net assets of £4.4 million. According to their latest financial statements, Hastings Court Ltd has 127 employees and maintains cash reserves of £359 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 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 4,697,000 | 4,286,000 | 3,665,000 | 3,435,000 | 4,047,000 | 1,296,000 | |||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 2,654,000 | 2,520,000 | 2,187,000 | 2,254,000 | 2,493,000 | 1,056,000 | |||||||||
| Gross Profit | 2,043,000 | 1,766,000 | 1,478,000 | 1,181,000 | 1,554,000 | 240,000 | |||||||||
| Admin Expenses | 1,305,000 | 1,164,000 | -394,000 | 1,427,000 | 1,629,000 | 991,000 | |||||||||
| Operating Profit | 738,000 | 602,000 | 1,872,000 | -246,000 | -75,000 | -751,000 | -132,995 | -1,470 | |||||||
| Interest Payable | 1,000 | 6,000 | 23,000 | 111,000 | 92,000 | 310,000 | |||||||||
| Interest Receivable | 28,000 | 19,000 | 43,000 | 15,000 | 9,000 | ||||||||||
| Pre-Tax Profit | 756,000 | 639,000 | 1,864,000 | -348,000 | -167,000 | -1,061,000 | -132,995 | -1,470 | |||||||
| Tax | 16,000 | -16,000 | |||||||||||||
| Profit After Tax | 756,000 | 639,000 | 1,864,000 | -348,000 | -151,000 | -1,077,000 | -132,995 | -1,470 | |||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 756,000 | 639,000 | 1,864,000 | -348,000 | -151,000 | -1,077,000 | -132,995 | -1,470 | |||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 127 | 139 | 123 | 117 | 107 | 102 | 112 | 86 | 40 | ||||||
| EBITDA* | 793,000 | 656,000 | 1,937,000 | -216,000 | -49,000 | -740,000 | -118,231 | -1,470 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 435,000 | 369,000 | 253,000 | 143,000 | 123,000 | 165,000 | 201,000 | 102,000 | 79,000 | 6,847,047 | 4,223,784 | 2,556,444 | 2,467,492 | 2,338,264 | 2,054,483 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 435,000 | 369,000 | 253,000 | 143,000 | 123,000 | 165,000 | 201,000 | 102,000 | 79,000 | 6,847,047 | 4,223,784 | 2,556,444 | 2,467,492 | 2,338,264 | 2,054,483 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 289,000 | 232,000 | 170,000 | 90,000 | 169,000 | 12,000 | 164,000 | 145,000 | 15,000 | 10,746 | 10,746 | 5,229 | |||
| Group Debtors | 3,634,000 | 3,412,000 | 2,660,000 | 1,718,000 | 856,000 | 413,000 | 159,000 | ||||||||
| Misc Debtors | 622,000 | 612,000 | 586,000 | 563,000 | 547,000 | 482,000 | 528,000 | 488,000 | 404,000 | 9,367 | |||||
| Cash | 359,000 | 72,000 | 195,000 | 134,000 | 195,000 | 265,000 | 61,000 | 110,000 | 94,000 | 76,543 | 368,458 | 24,768 | 24,768 | 25,550 | 25,098 |
| misc current assets | |||||||||||||||
| total current assets | 4,904,000 | 4,328,000 | 3,611,000 | 2,505,000 | 1,767,000 | 1,172,000 | 912,000 | 743,000 | 513,000 | 85,910 | 368,458 | 24,768 | 35,514 | 36,296 | 30,327 |
| total assets | 5,339,000 | 4,697,000 | 3,864,000 | 2,648,000 | 1,890,000 | 1,337,000 | 1,113,000 | 845,000 | 592,000 | 6,932,957 | 4,592,242 | 2,581,212 | 2,503,006 | 2,374,560 | 2,084,810 |
| Bank overdraft | 5,805,275 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 23,000 | 107,000 | 202,000 | 95,000 | 287,000 | 188,000 | 263,000 | 120,000 | 125,000 | 108,903 | 11,904 | 638,957 | 663,537 | 545,634 | 211,979 |
| Group/Directors Accounts | 2,000 | 256,000 | 26,000 | 104,000 | 130,000 | 431,000 | 2,037,000 | 1,737,000 | 10,000 | ||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 906,000 | 771,000 | 734,000 | 631,000 | 410,000 | 294,000 | 523,000 | 350,000 | 361,000 | 16,266 | 1,680 | ||||
| total current liabilities | 931,000 | 1,134,000 | 962,000 | 830,000 | 827,000 | 913,000 | 2,823,000 | 2,207,000 | 486,000 | 5,940,444 | 13,584 | 638,957 | 663,537 | 545,634 | 211,979 |
| loans | 1,301,000 | 1,125,922 | 4,579,072 | ||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 1,941,199 | 1,846,955 | 1,832,737 | 1,872,731 | |||||||||||
| provisions | 34,000 | 29,000 | 29,000 | 16,000 | |||||||||||
| total long term liabilities | 34,000 | 29,000 | 29,000 | 1,317,000 | 1,125,922 | 4,579,072 | 1,941,199 | 1,846,955 | 1,832,737 | 1,872,731 | |||||
| total liabilities | 965,000 | 1,163,000 | 991,000 | 830,000 | 827,000 | 913,000 | 2,823,000 | 2,207,000 | 1,803,000 | 7,066,366 | 4,592,656 | 2,580,156 | 2,510,492 | 2,378,371 | 2,084,710 |
| net assets | 4,374,000 | 3,534,000 | 2,873,000 | 1,818,000 | 1,063,000 | 424,000 | -1,710,000 | -1,362,000 | -1,211,000 | -133,409 | -414 | 1,056 | -7,486 | -3,811 | 100 |
| total shareholders funds | 4,374,000 | 3,534,000 | 2,873,000 | 1,818,000 | 1,063,000 | 424,000 | -1,710,000 | -1,362,000 | -1,211,000 | -133,409 | -414 | 1,056 | -7,486 | -3,811 | 100 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 738,000 | 602,000 | 1,872,000 | -246,000 | -75,000 | -751,000 | -132,995 | -1,470 | |||||||
| Depreciation | 107,000 | 70,000 | 55,000 | 54,000 | 65,000 | 30,000 | 26,000 | 11,000 | 14,764 | ||||||
| Amortisation | |||||||||||||||
| Tax | 16,000 | -16,000 | |||||||||||||
| Stock | |||||||||||||||
| Debtors | 289,000 | 840,000 | 1,045,000 | 799,000 | 665,000 | 56,000 | 218,000 | 214,000 | 409,633 | 9,367 | -10,746 | 5,517 | 5,229 | ||
| Creditors | -84,000 | -95,000 | 107,000 | -192,000 | 99,000 | -75,000 | 143,000 | -5,000 | 16,097 | 96,999 | -627,053 | -24,580 | 117,903 | 333,655 | 211,979 |
| Accruals and Deferred Income | 135,000 | 37,000 | 103,000 | 221,000 | 116,000 | -229,000 | 173,000 | -11,000 | 344,734 | 14,586 | 1,680 | ||||
| Deferred Taxes & Provisions | 5,000 | 29,000 | -16,000 | 16,000 | |||||||||||
| Cash flow from operations | 23,000 | 206,000 | 1,577,000 | -118,000 | -279,000 | -788,802 | -16,013 | ||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -254,000 | 230,000 | -78,000 | -26,000 | -301,000 | -1,606,000 | 300,000 | 1,737,000 | -10,000 | 10,000 | |||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -1,301,000 | 175,078 | -3,453,150 | 4,579,072 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -1,941,199 | 94,244 | 14,218 | -39,994 | 1,872,731 | ||||||||||
| share issue | |||||||||||||||
| interest | 28,000 | 18,000 | 37,000 | -8,000 | -102,000 | -92,000 | -310,000 | ||||||||
| cash flow from financing | -9,000 | -264,000 | -1,344,000 | 198,000 | 344,000 | -145,513 | -3,443,150 | 2,637,873 | |||||||
| cash and cash equivalents | |||||||||||||||
| cash | 287,000 | -123,000 | 61,000 | -61,000 | -70,000 | 204,000 | -49,000 | 16,000 | 17,457 | -291,915 | 343,690 | -782 | 452 | 25,098 | |
| overdraft | -5,805,275 | 5,805,275 | |||||||||||||
| change in cash | 287,000 | -123,000 | 61,000 | -61,000 | -70,000 | 204,000 | -49,000 | 16,000 | 5,822,732 | -6,097,190 | 343,690 | -782 | 452 | 25,098 |
hastings court ltd Credit Report and Business Information
Hastings Court Ltd Competitor Analysis
Perform a competitor analysis for hastings court ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in IG7 area or any other competitors across 12 key performance metrics.
hastings court ltd Ownership
HASTINGS COURT LTD group structure
Hastings Court Ltd has no subsidiary companies.
Ultimate parent company
2 parents
HASTINGS COURT LTD
05980520
hastings court ltd directors
Hastings Court Ltd currently has 3 directors. The longest serving directors include Mrs Joanne Balmer (Aug 2019) and Mr Joe Sage (Apr 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Joanne Balmer | England | 44 years | Aug 2019 | - | Director |
| Mr Joe Sage | United Kingdom | 46 years | Apr 2020 | - | Director |
| Mr Richard Dooley | United Kingdom | 52 years | Apr 2022 | - | Director |
P&L
December 2023turnover
4.6m
+5%
operating profit
1.1m
0%
gross margin
36.1%
+2.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.4m
+0.24%
total assets
5.3m
+0.14%
cash
359k
+3.99%
net assets
Total assets minus all liabilities
hastings court ltd company details
company number
05980520
Type
Private limited with Share Capital
industry
87100 - Residential nursing care activities
incorporation date
October 2006
age
19
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
tatchbury manor care home limited (December 2007)
accountant
HAZLEWOODS LLP
auditor
-
address
lambwood heights, 244 lambourne road, chigwell, IG7 6HX
Bank
-
Legal Advisor
-
hastings court ltd 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 8 charges/mortgages relating to hastings court ltd. Currently there are 2 open charges and 6 have been satisfied in the past.
hastings court ltd 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 HASTINGS COURT LTD. This can take several minutes, an email will notify you when this has completed.
hastings court ltd Companies House Filings - See Documents
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