brighter futures foster care ltdEstimated Valuation
£1.4m
Pomanda estimates the enterprise value of BRIGHTER FUTURES FOSTER CARE LTD at £1.4m based on a Turnover of £3.4m and 0.42x industry multiple (adjusted for size and gross margin).
brighter futures foster care ltdEstimated Valuation
£904.5k
Pomanda estimates the enterprise value of BRIGHTER FUTURES FOSTER CARE LTD at £904.5k based on an EBITDA of £206k and a 4.39x industry multiple (adjusted for size and gross margin).
brighter futures foster care ltdEstimated Valuation
£3.5m
Pomanda estimates the enterprise value of BRIGHTER FUTURES FOSTER CARE LTD at £3.5m based on Net Assets of £1.5m and 2.4x industry multiple (adjusted for liquidity).
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Brighter Futures Foster Care LtdOverview
Brighter Futures Foster Care Ltd is a live company located in bolton, BL1 4AG with a Companies House number of 06846257. It operates in the other social work activities without accommodation n.e.c. sector, SIC Code 88990. Founded in March 2009, it's largest shareholder is
belton associates limited
with a 100% stake. Brighter Futures Foster Care Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£3.4m with
declining
growth in recent years.
Pomanda's financial health check has awarded Brighter Futures Foster Care Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
1 Regular
7 Weak
Size
annual sales of £3.4m, make it larger than the average company (£434.8k)
£3.4m - Brighter Futures Foster Care Ltd
£434.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (5.6%)
-5% - Brighter Futures Foster Care Ltd
5.6% - Industry AVG
Production
with a gross margin of 45%, this company has a higher cost of product (73.5%)
45% - Brighter Futures Foster Care Ltd
73.5% - Industry AVG
Profitability
an operating margin of 6% make it more profitable than the average company (3.6%)
6% - Brighter Futures Foster Care Ltd
3.6% - Industry AVG
Employees
with 14 employees, this is similar to the industry average (12)
14 - Brighter Futures Foster Care Ltd
12 - Industry AVG
Pay Structure
on an average salary of £41.9k, the company has a higher pay structure (£24.7k)
£41.9k - Brighter Futures Foster Care Ltd
£24.7k - Industry AVG
Efficiency
resulting in sales per employee of £239.6k, this is more efficient (£40k)
£239.6k - Brighter Futures Foster Care Ltd
£40k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is later than average (13 days)
32 days - Brighter Futures Foster Care Ltd
13 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (6 days)
3 days - Brighter Futures Foster Care Ltd
6 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Brighter Futures Foster Care Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 5 weeks, this is less cash available to meet short term requirements (239 weeks)
5 weeks - Brighter Futures Foster Care Ltd
239 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 30.2%, this is a higher level of debt than the average (13%)
30.2% - Brighter Futures Foster Care Ltd
13% - Industry AVG
BRIGHTER FUTURES FOSTER CARE LTD financials
EXPORT
Brighter Futures Foster Care Ltd's latest turnover from August 2023 is £3.4 million and the company has net assets of £1.5 million. According to their latest financial statements, Brighter Futures Foster Care Ltd has 14 employees and maintains cash reserves of £68 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
3,355,000
3,847,000
3,976,000
3,898,000
5,875,000
963,455
844,932
1,242,194
3,124,665
2,186,295
2,211,282
1,556,730
1,208,169
934,563
Other Income Or Grants
Cost Of Sales
1,847,000
2,135,000
2,190,000
2,137,000
3,173,000
689,600
588,110
930,274
2,525,120
1,800,096
1,845,465
1,333,449
1,007,620
760,434
Gross Profit
1,508,000
1,712,000
1,786,000
1,761,000
2,702,000
273,855
256,822
311,920
599,545
386,199
365,818
223,281
200,549
174,130
Admin Expenses
1,306,000
1,482,000
1,547,000
1,527,000
2,525,000
134,309
-212,539
316,276
599,446
389,513
372,540
142,985
130,039
90,538
Operating Profit
202,000
230,000
239,000
234,000
177,000
139,546
469,361
-4,356
99
-3,314
-6,722
80,296
70,510
83,592
Interest Payable
2,470
2,375
Interest Receivable
1,429
545
718
481
502
496
650
717
254
Pre-Tax Profit
202,000
230,000
239,000
234,000
177,000
138,505
467,531
-3,638
580
-2,812
-6,226
80,946
71,226
83,846
Tax
-66,000
-55,000
-71,000
-30,000
-36,000
-26,316
-93,506
-122
-21,046
-19,943
-23,477
Profit After Tax
136,000
175,000
168,000
204,000
141,000
112,189
374,025
-3,638
458
-2,812
-6,226
59,900
51,283
60,369
Dividends Paid
Retained Profit
136,000
175,000
168,000
204,000
141,000
112,189
374,025
-3,638
458
-2,812
-6,226
59,900
51,283
60,369
Employee Costs
586,000
543,000
556,000
490,000
1,172,000
373,472
372,979
477,695
1,169,113
844,709
866,709
594,138
464,516
339,441
Number Of Employees
14
13
13
13
14
18
18
23
55
39
40
28
22
16
EBITDA*
206,000
234,000
243,000
234,000
190,000
151,032
475,324
2,020
7,912
12,796
6,771
92,322
81,815
93,367
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
16,000
20,000
18,000
21,000
21,000
30,549
7,099
11,500
17,416
17,812
13,601
12,489
13,637
10,019
Intangible Assets
7,272
14,544
21,816
29,088
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
16,000
20,000
18,000
21,000
21,000
30,549
7,099
11,500
17,416
17,812
20,873
27,033
35,453
39,107
Stock & work in progress
Trade Debtors
298,000
298,000
334,000
472,000
674,000
275,241
239,545
180,303
416,046
281,958
278,691
182,109
80,961
76,927
Group Debtors
1,648,000
3,217,000
2,548,000
1,297,000
28,000
Misc Debtors
77,000
66,000
64,000
50,000
52,000
235,101
215,650
126,055
Cash
68,000
281,000
19,000
36,000
116,000
307,341
264,334
171,849
115,411
77,024
123,579
74,936
185,130
101,616
misc current assets
total current assets
2,091,000
3,862,000
2,965,000
1,855,000
870,000
817,683
719,529
478,207
531,457
358,982
402,270
257,045
266,091
178,543
total assets
2,107,000
3,882,000
2,983,000
1,876,000
891,000
848,232
726,628
489,707
548,873
376,794
423,143
284,078
301,544
217,650
Bank overdraft
76,000
Bank loan
Trade Creditors
20,000
52,000
13,000
15,000
8,000
29,870
10,960
42,218
165,219
145,849
131,491
107,772
165,046
122,666
Group/Directors Accounts
593,000
2,474,000
1,771,000
830,000
86,394
other short term finances
hp & lease commitments
other current liabilities
18,000
18,000
37,000
37,000
93,000
172,714
106,209
286,089
total current liabilities
631,000
2,544,000
1,821,000
882,000
101,000
202,584
193,169
328,307
251,613
145,849
131,491
107,772
165,046
122,666
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
131,113
65,113
124,113
2,808
22,854
33,625
provisions
6,000
4,000
3,000
3,000
3,000
1,966
3,075
3,218
2,113
1,846
1,892
890
total long term liabilities
6,000
4,000
3,000
3,000
3,000
1,966
134,188
68,331
126,226
4,654
24,746
34,515
total liabilities
637,000
2,548,000
1,824,000
885,000
104,000
202,584
193,169
330,273
385,801
214,180
257,717
112,426
189,792
157,181
net assets
1,470,000
1,334,000
1,159,000
991,000
787,000
645,648
533,459
159,434
163,072
162,614
165,426
171,652
111,752
60,469
total shareholders funds
1,470,000
1,334,000
1,159,000
991,000
787,000
645,648
533,459
159,434
163,072
162,614
165,426
171,652
111,752
60,469
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
202,000
230,000
239,000
234,000
177,000
139,546
469,361
-4,356
99
-3,314
-6,722
80,296
70,510
83,592
Depreciation
4,000
4,000
4,000
13,000
11,486
5,963
6,376
7,813
8,838
6,221
4,754
4,033
2,503
Amortisation
7,272
7,272
7,272
7,272
7,272
Tax
-66,000
-55,000
-71,000
-30,000
-36,000
-26,316
-93,506
-122
-21,046
-19,943
-23,477
Stock
Debtors
-1,558,000
635,000
1,127,000
1,065,000
243,658
55,147
148,837
-109,688
134,088
3,267
96,582
101,148
4,034
76,927
Creditors
-32,000
39,000
-2,000
7,000
-21,870
18,910
-31,258
-123,001
19,370
14,358
23,719
-57,274
42,380
122,666
Accruals and Deferred Income
-19,000
-56,000
-79,714
66,505
-179,880
286,089
Deferred Taxes & Provisions
2,000
1,000
3,000
-1,966
-1,109
-143
1,105
267
-46
1,002
890
Cash flow from operations
1,668,000
-435,000
-957,000
-910,000
-188,242
154,984
19,877
273,687
-107,071
24,992
-65,825
-87,192
101,220
116,519
Investing Activities
capital expenditure
-6,000
-1,000
-3,451
-34,936
-1,562
-460
-7,417
-13,049
-7,333
-3,606
-7,651
-48,882
Change in Investments
cash flow from investments
-6,000
-1,000
-3,451
-34,936
-1,562
-460
-7,417
-13,049
-7,333
-3,606
-7,651
-48,882
Financing Activities
Bank loans
Group/Directors Accounts
-1,881,000
703,000
941,000
830,000
-86,394
86,394
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-131,113
66,000
-59,000
121,305
-20,046
-10,771
33,625
share issue
352
100
interest
-1,041
-1,830
718
481
502
496
650
717
254
cash flow from financing
-1,881,000
703,000
941,000
830,000
352
-1,041
-1,830
-216,789
152,875
-58,498
121,801
-19,396
-10,054
33,979
cash and cash equivalents
cash
-213,000
262,000
-17,000
-80,000
-191,341
43,007
92,485
56,438
38,387
-46,555
48,643
-110,194
83,514
101,616
overdraft
-76,000
76,000
change in cash
-213,000
262,000
-17,000
-80,000
-191,341
119,007
16,485
56,438
38,387
-46,555
48,643
-110,194
83,514
101,616
brighter futures foster care ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for brighter futures foster care ltd. Get real-time insights into brighter futures foster care ltd's credit score, group structure and payment trends.
Brighter Futures Foster Care Ltd Competitor Analysis
Perform a competitor analysis for brighter futures foster care ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in BL1 area or any other competitors across 12 key performance metrics.
brighter futures foster care ltd Ownership
BRIGHTER FUTURES FOSTER CARE LTD group structure
Brighter Futures Foster Care Ltd has no subsidiary companies.
The sole shareholder of Brighter Futures Foster Care Ltd is Belton Associates Limited.
belton associates limited
100%
brighter futures foster care ltd directors
Brighter Futures Foster Care Ltd currently has 3 directors.
The longest serving directors include
Mr Stephen Christie (Aug 2019) and
Mr Ryan Edwards (Dec 2022).
88990 - Other social work activities without accommodation n.e.c.
incorporation date
March 2009
age
16
incorporated
UK
ultimate parent company
OASIS AGGREGATOR GP LLC
accounts
Audit Exemption Subsidiary
last accounts submitted
August 2023
previous names
N/A
accountant
KPMG LLP
auditor
-
address
atria spa road, bolton, BL1 4AG
Bank
-
Legal Advisor
-
brighter futures foster 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 3 charges/mortgages relating to brighter futures foster care ltd. Currently there are 1 open charges and 2 have been satisfied in the past.
brighter futures foster 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 BRIGHTER FUTURES FOSTER CARE LTD. This can take several minutes, an email will notify you when this has completed.
brighter futures foster care ltdCompanies House Filings - See Documents
