optima health and social care ltd Company Information
Company Number
06962108
Website
optimahsc.comRegistered Address
optima house, 100 manchester road, manchester, M34 3PR
Industry
Residential care activities for the elderly and disabled
Telephone
01614414630
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
colin richard gallimore 50%
jack meredith 50%
optima health and social care ltd Estimated Valuation
Pomanda estimates the enterprise value of OPTIMA HEALTH AND SOCIAL CARE LTD at £1.7m based on a Turnover of £2.1m and 0.8x industry multiple (adjusted for size and gross margin).
optima health and social care ltd Estimated Valuation
Pomanda estimates the enterprise value of OPTIMA HEALTH AND SOCIAL CARE LTD at £0 based on an EBITDA of £-115.3k and a 6.56x industry multiple (adjusted for size and gross margin).
optima health and social care ltd Estimated Valuation
Pomanda estimates the enterprise value of OPTIMA HEALTH AND SOCIAL CARE LTD at £593.2k based on Net Assets of £174.8k and 3.39x industry multiple (adjusted for liquidity).
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Optima Health And Social Care Ltd Overview
Optima Health And Social Care Ltd is a live company located in manchester, M34 3PR with a Companies House number of 06962108. It operates in the residential care activities for the elderly and disabled sector, SIC Code 87300. Founded in July 2009, it's largest shareholder is colin richard gallimore with a 50% stake. Optima Health And Social Care Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.1m with healthy growth in recent years.
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Optima Health And Social Care Ltd Health Check
Pomanda's financial health check has awarded Optima Health And Social Care Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£3.5m)
- Optima Health And Social Care Ltd
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (6%)
- Optima Health And Social Care Ltd
6% - Industry AVG
Production
with a gross margin of 38.1%, this company has a comparable cost of product (38.1%)
- Optima Health And Social Care Ltd
38.1% - Industry AVG
Profitability
an operating margin of -5.5% make it less profitable than the average company (10.6%)
- Optima Health And Social Care Ltd
10.6% - Industry AVG
Employees
with 60 employees, this is below the industry average (80)
60 - Optima Health And Social Care Ltd
80 - Industry AVG
Pay Structure
on an average salary of £23.7k, the company has an equivalent pay structure (£23.7k)
- Optima Health And Social Care Ltd
£23.7k - Industry AVG
Efficiency
resulting in sales per employee of £35.2k, this is equally as efficient (£39.3k)
- Optima Health And Social Care Ltd
£39.3k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is later than average (16 days)
- Optima Health And Social Care Ltd
16 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (15 days)
- Optima Health And Social Care Ltd
15 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Optima Health And Social Care Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 57 weeks, this is more cash available to meet short term requirements (23 weeks)
57 weeks - Optima Health And Social Care Ltd
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.2%, this is a higher level of debt than the average (43.6%)
58.2% - Optima Health And Social Care Ltd
43.6% - Industry AVG
OPTIMA HEALTH AND SOCIAL CARE LTD financials
Optima Health And Social Care Ltd's latest turnover from March 2024 is estimated at £2.1 million and the company has net assets of £174.8 thousand. According to their latest financial statements, Optima Health And Social Care Ltd has 60 employees and maintains cash reserves of £270.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 60 | 58 | 65 | 54 | 55 | 54 | 64 | 72 | 66 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 9,774 | 11,498 | 8,290 | 9,755 | 11,477 | 2,693 | 3,168 | 3,725 | 3,135 | 1,187 | 1,396 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 9,774 | 11,498 | 8,290 | 9,755 | 11,477 | 2,693 | 3,168 | 3,725 | 3,135 | 1,187 | 1,396 | 0 | 0 | 0 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 127,341 | 113,091 | 130,826 | 102,317 | 96,826 | 93,534 | 98,273 | 154,188 | 100,795 | 38,871 | 45,614 | 50,503 | 14,867 | 0 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 10,755 | 0 | 0 | 0 | 675 | 330 | 6,040 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 270,535 | 304,387 | 294,728 | 116,730 | 52,115 | 47,800 | 130,620 | 39,728 | 68,334 | 31,142 | 12,978 | 14,169 | 7,067 | 20,232 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 408,631 | 417,478 | 425,554 | 219,047 | 149,616 | 141,664 | 234,933 | 193,916 | 169,129 | 70,013 | 58,592 | 64,672 | 21,934 | 20,232 | 0 |
total assets | 418,405 | 428,976 | 433,844 | 228,802 | 161,093 | 144,357 | 238,101 | 197,641 | 172,264 | 71,200 | 59,988 | 64,672 | 21,934 | 20,232 | 0 |
Bank overdraft | 0 | 0 | 10,000 | 6,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 6,979 | 4,416 | 7,311 | 2,115 | 2,957 | 8,579 | 9,484 | 108,352 | 119,784 | 76,823 | 46,249 | 16,375 | 5,030 | 4,888 | 0 |
Group/Directors Accounts | 0 | 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 | 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 | 0 |
other current liabilities | 236,598 | 147,096 | 163,507 | 94,430 | 97,035 | 72,520 | 107,534 | 0 | 0 | 0 | 0 | 0 | 0 | 13,645 | 0 |
total current liabilities | 243,577 | 151,512 | 180,818 | 103,212 | 99,992 | 81,099 | 117,018 | 108,352 | 119,784 | 76,823 | 46,249 | 16,375 | 5,030 | 18,533 | 0 |
loans | 0 | 0 | 33,333 | 43,333 | 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 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 627 | 237 | 279 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 33,333 | 43,333 | 0 | 0 | 0 | 0 | 627 | 237 | 279 | 0 | 0 | 0 | 0 |
total liabilities | 243,577 | 151,512 | 214,151 | 146,545 | 99,992 | 81,099 | 117,018 | 108,352 | 120,411 | 77,060 | 46,528 | 16,375 | 5,030 | 18,533 | 0 |
net assets | 174,828 | 277,464 | 219,693 | 82,257 | 61,101 | 63,258 | 121,083 | 89,289 | 51,853 | -5,860 | 13,460 | 48,297 | 16,904 | 1,699 | 0 |
total shareholders funds | 174,828 | 277,464 | 219,693 | 82,257 | 61,101 | 63,258 | 121,083 | 89,289 | 51,853 | -5,860 | 13,460 | 48,297 | 16,904 | 1,699 | 0 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 1,724 | 2,031 | 1,465 | 1,722 | 2,025 | 475 | 557 | 660 | 553 | 209 | 247 | 0 | 0 | 0 | |
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 | 0 |
Debtors | 25,005 | -17,735 | 28,509 | 4,816 | 3,637 | -10,449 | -49,875 | 53,393 | 61,924 | -6,743 | -4,889 | 35,636 | 14,867 | 0 | 0 |
Creditors | 2,563 | -2,895 | 5,196 | -842 | -5,622 | -905 | -98,868 | -11,432 | 42,961 | 30,574 | 29,874 | 11,345 | 142 | 4,888 | 0 |
Accruals and Deferred Income | 89,502 | -16,411 | 69,077 | -2,605 | 24,515 | -35,014 | 107,534 | 0 | 0 | 0 | 0 | 0 | -13,645 | 13,645 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -627 | 390 | -42 | 279 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 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 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | -33,333 | -10,000 | 43,333 | 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 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -33,852 | 9,659 | 177,998 | 64,615 | 4,315 | -82,820 | 90,892 | -28,606 | 37,192 | 18,164 | -1,191 | 7,102 | -13,165 | 20,232 | 0 |
overdraft | 0 | -10,000 | 3,333 | 6,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -33,852 | 19,659 | 174,665 | 57,948 | 4,315 | -82,820 | 90,892 | -28,606 | 37,192 | 18,164 | -1,191 | 7,102 | -13,165 | 20,232 | 0 |
optima health and social care ltd Credit Report and Business Information
Optima Health And Social Care Ltd Competitor Analysis
Perform a competitor analysis for optima health and social care ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in M34 area or any other competitors across 12 key performance metrics.
optima health and social care ltd Ownership
OPTIMA HEALTH AND SOCIAL CARE LTD group structure
Optima Health And Social Care Ltd has no subsidiary companies.
Ultimate parent company
OPTIMA HEALTH AND SOCIAL CARE LTD
06962108
optima health and social care ltd directors
Optima Health And Social Care Ltd currently has 2 directors. The longest serving directors include Mr Jack Meredith (Jul 2009) and Mr Colin Gallimore (Jul 2009).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Jack Meredith | England | 74 years | Jul 2009 | - | Director |
Mr Colin Gallimore | England | 58 years | Jul 2009 | - | Director |
P&L
March 2024turnover
2.1m
+10%
operating profit
-117k
0%
gross margin
38.1%
-0.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
174.8k
-0.37%
total assets
418.4k
-0.02%
cash
270.5k
-0.11%
net assets
Total assets minus all liabilities
optima health and social care ltd company details
company number
06962108
Type
Private limited with Share Capital
industry
87300 - Residential care activities for the elderly and disabled
incorporation date
July 2009
age
15
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
courtyard continuing care limited (April 2019)
accountant
-
auditor
-
address
optima house, 100 manchester road, manchester, M34 3PR
Bank
-
Legal Advisor
-
optima health and social 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 optima health and social care ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
optima health and social care ltd Companies House Filings - See Documents
date | description | view/download |
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