boyce care ltd
boyce care ltd Company Information
Group Structure
View All
Industry
Other residential care activities
Registered Address
172 feltham hill road, ashford, middlesex, TW15 1LF
Website
www.boycecare.co.ukboyce care ltd Estimated Valuation
Pomanda estimates the enterprise value of BOYCE CARE LTD at £2.8m based on a Turnover of £4.2m and 0.66x industry multiple (adjusted for size and gross margin).
boyce care ltd Estimated Valuation
Pomanda estimates the enterprise value of BOYCE CARE LTD at £1.5m based on an EBITDA of £270k and a 5.62x industry multiple (adjusted for size and gross margin).
boyce care ltd Estimated Valuation
Pomanda estimates the enterprise value of BOYCE CARE LTD at £8.3m based on Net Assets of £3.1m and 2.66x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Boyce Care Ltd Overview
Boyce Care Ltd is a live company located in middlesex, TW15 1LF with a Companies House number of 06340784. It operates in the other residential care activities n.e.c. sector, SIC Code 87900. Founded in August 2007, it's largest shareholder is tony boyce with a 100% stake. Boyce Care Ltd is a established, small sized company, Pomanda has estimated its turnover at £4.2m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Boyce Care Ltd Health Check
Pomanda's financial health check has awarded Boyce Care Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £4.2m, make it larger than the average company (£2.1m)
- Boyce Care Ltd
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (5.4%)
- Boyce Care Ltd
5.4% - Industry AVG
Production
with a gross margin of 38.1%, this company has a comparable cost of product (38.1%)
- Boyce Care Ltd
38.1% - Industry AVG
Profitability
an operating margin of 3% make it less profitable than the average company (7.5%)
- Boyce Care Ltd
7.5% - Industry AVG
Employees
with 148 employees, this is above the industry average (52)
148 - Boyce Care Ltd
52 - Industry AVG
Pay Structure
on an average salary of £26.5k, the company has an equivalent pay structure (£26.5k)
- Boyce Care Ltd
£26.5k - Industry AVG
Efficiency
resulting in sales per employee of £28.5k, this is less efficient (£45.8k)
- Boyce Care Ltd
£45.8k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (21 days)
- Boyce Care Ltd
21 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (9 days)
- Boyce Care Ltd
9 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Boyce Care Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 22 weeks, this is less cash available to meet short term requirements (53 weeks)
22 weeks - Boyce Care Ltd
53 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.4%, this is a lower level of debt than the average (34.1%)
12.4% - Boyce Care Ltd
34.1% - Industry AVG
BOYCE CARE LTD financials
Boyce Care Ltd's latest turnover from February 2024 is estimated at £4.2 million and the company has net assets of £3.1 million. According to their latest financial statements, Boyce Care Ltd has 148 employees and maintains cash reserves of £193.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 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 | 1,762,662 | 2,130,226 | |||||||||||||
| Number Of Employees | 148 | 146 | 145 | 140 | 140 | 120 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,595,353 | 914,440 | 874,085 | 236,715 | 194,116 | 184,021 | 129,153 | 97,498 | 90,961 | 99,012 | 96,749 | 87,715 | 62,899 | 43,442 | 15,063 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 294,121 | 216,121 | 215,490 | 199,100 | 195,100 | 170,000 | 170,000 | ||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 2,889,474 | 1,130,561 | 1,089,575 | 435,815 | 389,216 | 354,021 | 299,153 | 97,498 | 90,961 | 99,012 | 96,749 | 87,715 | 62,899 | 43,442 | 15,063 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 104,998 | 110,810 | 122,765 | 394,413 | 352,745 | 265,569 | 286,617 | 316,789 | 382,003 | 292,434 | 306,342 | 174,076 | 177,184 | 74,709 | 31,390 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 351,190 | 125,659 | 113,246 | 205,457 | 237,777 | 365,877 | 50,174 | ||||||||
| Cash | 193,541 | 2,338,800 | 1,837,642 | 1,520,452 | 818,821 | 573,810 | 160,367 | 124,913 | 77,505 | 306 | 10,071 | 5,454 | 15,175 | 1,702 | |
| misc current assets | |||||||||||||||
| total current assets | 649,729 | 2,575,269 | 2,073,653 | 1,914,865 | 1,171,566 | 1,044,836 | 684,761 | 807,579 | 509,682 | 292,740 | 316,413 | 179,530 | 177,184 | 89,884 | 33,092 |
| total assets | 3,539,203 | 3,705,830 | 3,163,228 | 2,350,680 | 1,560,782 | 1,398,857 | 983,914 | 905,077 | 600,643 | 391,752 | 413,162 | 267,245 | 240,083 | 133,326 | 48,155 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 11,272 | 16,745 | 6,824 | 625,407 | 370,526 | 40,250 | 37,802 | 65,352 | 57,933 | 210,671 | 219,907 | 121,822 | 168,633 | 108,846 | 42,512 |
| Group/Directors Accounts | 41,578 | 115,951 | 163,004 | 73,217 | |||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 386,200 | 618,597 | 556,040 | 366,317 | 347,527 | 296,589 | 122,087 | ||||||||
| total current liabilities | 439,050 | 751,293 | 725,868 | 625,407 | 370,526 | 406,567 | 385,329 | 361,941 | 253,237 | 210,671 | 219,907 | 121,822 | 168,633 | 108,846 | 42,512 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 11,604 | 87,030 | 150,852 | ||||||||||||
| provisions | 220,476 | 272,694 | |||||||||||||
| total long term liabilities | 11,604 | 87,030 | 150,852 | 220,476 | 272,694 | ||||||||||
| total liabilities | 439,050 | 751,293 | 737,472 | 712,437 | 521,378 | 627,043 | 658,023 | 361,941 | 253,237 | 210,671 | 219,907 | 121,822 | 168,633 | 108,846 | 42,512 |
| net assets | 3,100,153 | 2,954,537 | 2,425,756 | 1,638,243 | 1,039,404 | 771,814 | 325,891 | 543,136 | 347,406 | 181,081 | 193,255 | 145,423 | 71,450 | 24,480 | 5,643 |
| total shareholders funds | 3,100,153 | 2,954,537 | 2,425,756 | 1,638,243 | 1,039,404 | 771,814 | 325,891 | 543,136 | 347,406 | 181,081 | 193,255 | 145,423 | 71,450 | 24,480 | 5,643 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 142,295 | 141,718 | 119,940 | 85,785 | 69,757 | 49,780 | 49,807 | 39,926 | 38,437 | 14,964 | 8,870 | ||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 219,719 | 458 | -158,402 | 41,668 | -118,281 | -53,368 | -158,272 | 250,489 | 432,177 | -13,908 | 132,266 | -3,108 | 102,475 | 43,319 | 31,390 |
| Creditors | -5,473 | 9,921 | -618,583 | 254,881 | 330,276 | 2,448 | -27,550 | 7,419 | 57,933 | -9,236 | 98,085 | -46,811 | 59,787 | 66,334 | 42,512 |
| Accruals and Deferred Income | -232,397 | 62,557 | 556,040 | -366,317 | 18,790 | 50,938 | 174,502 | 122,087 | |||||||
| Deferred Taxes & Provisions | -220,476 | -52,218 | 272,694 | ||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 78,000 | 631 | 16,390 | 4,000 | 25,100 | 170,000 | |||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -74,373 | -47,053 | 163,004 | -73,217 | 73,217 | ||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -11,604 | -75,426 | -63,822 | 150,852 | |||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -2,145,259 | 501,158 | 317,190 | 701,631 | 245,011 | 413,443 | 35,454 | 47,408 | 77,505 | -9,765 | 4,617 | 5,454 | -15,175 | 13,473 | 1,702 |
| overdraft | |||||||||||||||
| change in cash | -2,145,259 | 501,158 | 317,190 | 701,631 | 245,011 | 413,443 | 35,454 | 47,408 | 77,505 | -9,765 | 4,617 | 5,454 | -15,175 | 13,473 | 1,702 |
boyce care ltd Credit Report and Business Information
Boyce Care Ltd Competitor Analysis
Perform a competitor analysis for boyce care ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in TW15 area or any other competitors across 12 key performance metrics.
boyce care ltd Ownership
BOYCE CARE LTD group structure
Boyce Care Ltd has no subsidiary companies.
Ultimate parent company
BOYCE CARE LTD
06340784
boyce care ltd directors
Boyce Care Ltd currently has 1 director, Mr Tony Boyce serving since Aug 2007.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Tony Boyce | England | 52 years | Aug 2007 | - | Director |
P&L
February 2024turnover
4.2m
+6%
operating profit
127.7k
0%
gross margin
38.2%
-5.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
3.1m
+0.05%
total assets
3.5m
-0.04%
cash
193.5k
-0.92%
net assets
Total assets minus all liabilities
boyce care ltd company details
company number
06340784
Type
Private limited with Share Capital
industry
87900 - Other residential care activities
incorporation date
August 2007
age
18
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
RON HARRIS & CO
auditor
-
address
172 feltham hill road, ashford, middlesex, TW15 1LF
Bank
-
Legal Advisor
-
boyce care 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 2 charges/mortgages relating to boyce care ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
boyce care 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 BOYCE CARE LTD. This can take several minutes, an email will notify you when this has completed.
boyce care ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
