changes uk community interest company
changes uk community interest company Company Information
Company Number
07032583
Website
www.changesuk.orgRegistered Address
prospect house rouen road, norwich, NR1 1RE
Industry
Other social work activities without accommodation n.e.c.
Residential care activities for learning disabilities, mental health and substance abuse
Telephone
01217961000
Next Accounts Due
165 days late
Group Structure
View All
Shareholders
-0%
changes uk community interest company Estimated Valuation
Pomanda estimates the enterprise value of CHANGES UK COMMUNITY INTEREST COMPANY at £1.2m based on a Turnover of £1.6m and 0.73x industry multiple (adjusted for size and gross margin).
changes uk community interest company Estimated Valuation
Pomanda estimates the enterprise value of CHANGES UK COMMUNITY INTEREST COMPANY at £369k based on an EBITDA of £60.7k and a 6.08x industry multiple (adjusted for size and gross margin).
changes uk community interest company Estimated Valuation
Pomanda estimates the enterprise value of CHANGES UK COMMUNITY INTEREST COMPANY at £117.9k based on Net Assets of £156k and 0.76x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Changes Uk Community Interest Company Overview
Changes Uk Community Interest Company is a live company located in norwich, NR1 1RE with a Companies House number of 07032583. It operates in the residential care activities for mental difficulties, mental health and substance abuse sector, SIC Code 87200. Founded in September 2009, it's largest shareholder is unknown. Changes Uk Community Interest Company is a established, small sized company, Pomanda has estimated its turnover at £1.6m with high growth in recent years.
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Changes Uk Community Interest Company Health Check
Pomanda's financial health check has awarded Changes Uk Community Interest Company a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
3 Weak
Size
annual sales of £1.6m, make it in line with the average company (£1.7m)
£1.6m - Changes Uk Community Interest Company
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (5.3%)
17% - Changes Uk Community Interest Company
5.3% - Industry AVG
Production
with a gross margin of 61.1%, this company has a lower cost of product (40.1%)
61.1% - Changes Uk Community Interest Company
40.1% - Industry AVG
Profitability
an operating margin of 1.6% make it less profitable than the average company (7%)
1.6% - Changes Uk Community Interest Company
7% - Industry AVG
Employees
with 41 employees, this is similar to the industry average (45)
41 - Changes Uk Community Interest Company
45 - Industry AVG
Pay Structure
on an average salary of £22.5k, the company has an equivalent pay structure (£22.5k)
- Changes Uk Community Interest Company
£22.5k - Industry AVG
Efficiency
resulting in sales per employee of £38.2k, this is equally as efficient (£36.4k)
£38.2k - Changes Uk Community Interest Company
£36.4k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (17 days)
4 days - Changes Uk Community Interest Company
17 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is slower than average (7 days)
20 days - Changes Uk Community Interest Company
7 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Changes Uk Community Interest Company
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 70 weeks, this is less cash available to meet short term requirements (163 weeks)
70 weeks - Changes Uk Community Interest Company
163 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88%, this is a higher level of debt than the average (27.2%)
88% - Changes Uk Community Interest Company
27.2% - Industry AVG
CHANGES UK COMMUNITY INTEREST COMPANY financials
Changes Uk Community Interest Company's latest turnover from March 2022 is £1.6 million and the company has net assets of £156 thousand. According to their latest financial statements, Changes Uk Community Interest Company has 41 employees and maintains cash reserves of £73 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Sep 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,568,039 | 1,282,480 | 1,087,914 | 984,755 | 306,789 | 132,966 | 43,808 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Cost Of Sales | 610,558 | 447,674 | 357,311 | 282,124 | 89,285 | 18,010 | |||||||
| Gross Profit | 957,481 | 834,806 | 730,603 | 702,631 | 217,504 | 114,956 | |||||||
| Admin Expenses | 931,753 | 804,376 | 678,691 | 643,632 | 208,183 | 110,915 | |||||||
| Operating Profit | 25,728 | 30,430 | 51,912 | 58,999 | 9,321 | 4,041 | |||||||
| Interest Payable | 8,429 | 5,789 | 0 | 4,749 | 0 | 0 | 78 | ||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Pre-Tax Profit | 17,299 | 24,641 | 51,912 | 54,250 | 9,321 | 4,041 | 4,794 | ||||||
| Tax | 0 | 0 | 0 | 0 | -261 | 0 | 0 | ||||||
| Profit After Tax | 17,299 | 24,641 | 51,912 | 54,250 | 9,060 | 4,041 | 4,794 | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Retained Profit | 17,299 | 24,641 | 51,912 | 54,250 | 9,060 | 4,041 | 4,794 | ||||||
| Employee Costs | 106,200 | 50,742 | 2,861 | ||||||||||
| Number Of Employees | 41 | 37 | 28 | 25 | 25 | ||||||||
| EBITDA* | 60,674 | 53,516 | 78,254 | 87,856 | 11,821 | 4,041 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Sep 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,152,317 | 1,114,696 | 1,104,338 | 1,103,411 | 980,261 | 991,854 | 932,074 | 350,159 | 6,327 | 7,500 | 0 | 0 | 0 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,152,317 | 1,114,696 | 1,104,338 | 1,103,411 | 980,261 | 991,854 | 932,074 | 350,159 | 6,327 | 7,500 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 18,033 | 18,958 | 33,786 | 143,856 | 47,499 | 22,685 | 16,944 | 28,726 | 29,214 | 2,250 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 59,049 | 36,445 | 31,823 | 36,733 | 0 | 20,492 | 93,541 | 0 | 0 | 12,186 | 5,954 | 0 | 0 |
| Cash | 72,993 | 289,960 | 100,045 | 35,455 | 24,519 | 0 | 10,155 | 86,729 | 64,236 | 133,824 | 36,514 | 14,724 | 14,109 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,955 | 5,769 | 0 | 0 | 0 | 0 |
| total current assets | 150,075 | 345,363 | 165,654 | 216,044 | 72,018 | 43,177 | 120,640 | 120,410 | 99,219 | 148,260 | 42,468 | 14,724 | 14,109 |
| total assets | 1,302,392 | 1,460,059 | 1,269,992 | 1,319,455 | 1,052,279 | 1,035,031 | 1,052,714 | 470,569 | 105,546 | 155,760 | 42,468 | 14,724 | 14,109 |
| Bank overdraft | 0 | 0 | 0 | 35,000 | 0 | 637 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 34,970 | 15,758 | 20,439 | 125,638 | 55,524 | 112,096 | 49,225 | 30,426 | 14,197 | 10,050 | 0 | 0 | 23,810 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 18,843 | 196,132 | 123,920 | 95,488 | 157,050 | 202,672 | 183,447 | 0 | 0 | 28,516 | 3,180 | 19,631 | 0 |
| total current liabilities | 53,813 | 211,890 | 144,359 | 256,126 | 212,574 | 315,405 | 232,672 | 30,426 | 14,197 | 38,566 | 3,180 | 19,631 | 23,810 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 63,890 | 65,975 | 109,000 | 40,154 | 0 | 0 |
| other liabilities | 1,092,612 | 1,109,501 | 1,011,606 | 1,001,214 | 831,840 | 831,840 | 831,840 | 11,700 | 4,071 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,092,612 | 1,109,501 | 1,011,606 | 1,001,214 | 831,840 | 831,840 | 831,840 | 75,590 | 70,046 | 109,000 | 40,154 | 0 | 0 |
| total liabilities | 1,146,425 | 1,321,391 | 1,155,965 | 1,257,340 | 1,044,414 | 1,147,245 | 1,064,512 | 106,016 | 84,243 | 147,566 | 43,334 | 19,631 | 23,810 |
| net assets | 155,967 | 138,668 | 114,027 | 62,115 | 7,865 | -112,214 | -11,798 | 364,553 | 21,303 | 8,194 | -866 | -4,907 | -9,701 |
| total shareholders funds | 155,967 | 138,668 | 114,027 | 62,115 | 7,865 | -112,214 | -11,798 | 364,553 | 21,303 | 8,194 | -866 | -4,907 | -9,701 |
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Sep 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 25,728 | 30,430 | 51,912 | 58,999 | 9,321 | 4,041 | |||||||
| Depreciation | 34,946 | 23,086 | 26,342 | 28,857 | 19,103 | 14,292 | 5,994 | 2,229 | 2,500 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | 0 | 0 | 0 | 0 | -261 | 0 | 0 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 21,679 | -10,206 | -114,980 | 133,090 | 4,322 | -67,308 | 81,759 | -488 | 14,778 | 8,482 | 5,954 | 0 | 0 |
| Creditors | 19,212 | -4,681 | -105,199 | 70,114 | -56,572 | 62,871 | 18,799 | 16,229 | 4,147 | 10,050 | 0 | -23,810 | 23,810 |
| Accruals and Deferred Income | -177,289 | 72,212 | 28,432 | -61,562 | -45,622 | 19,225 | 119,557 | -2,085 | -71,541 | 94,182 | 23,703 | 19,631 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -119,082 | 131,253 | 116,467 | -36,682 | 107,310 | 21,790 | |||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 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 |
| Long term loans | 0 | 0 | 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 |
| other long term liabilities | -16,889 | 97,895 | 10,392 | 169,374 | 0 | 0 | 820,140 | 7,629 | 4,071 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | -8,429 | -5,789 | 0 | -4,749 | 0 | 0 | -78 | ||||||
| cash flow from financing | -25,318 | 92,106 | 10,392 | 164,625 | 0 | 0 | -78 | ||||||
| cash and cash equivalents | |||||||||||||
| cash | -216,967 | 189,915 | 64,590 | 10,936 | 24,519 | -10,155 | -76,574 | 22,493 | -69,588 | 97,310 | 21,790 | 615 | 14,109 |
| overdraft | 0 | 0 | -35,000 | 35,000 | -637 | 637 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -216,967 | 189,915 | 99,590 | -24,064 | 25,156 | -10,792 | -76,574 | 22,493 | -69,588 | 97,310 | 21,790 | 615 | 14,109 |
changes uk community interest company Credit Report and Business Information
Changes Uk Community Interest Company Competitor Analysis
Perform a competitor analysis for changes uk community interest company by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in NR1 area or any other competitors across 12 key performance metrics.
changes uk community interest company Ownership
CHANGES UK COMMUNITY INTEREST COMPANY group structure
Changes Uk Community Interest Company has no subsidiary companies.
Ultimate parent company
CHANGES UK COMMUNITY INTEREST COMPANY
07032583
changes uk community interest company directors
Changes Uk Community Interest Company currently has 7 directors. The longest serving directors include Mr Michael Allen (Sep 2010) and Mr John Cokeley (Mar 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Allen | 63 years | Sep 2010 | - | Director | |
| Mr John Cokeley | 38 years | Mar 2018 | - | Director | |
| Mr Neil Beaumont | 65 years | Jan 2019 | - | Director | |
| Mrs Michelle Everitt | 50 years | Oct 2019 | - | Director | |
| Mrs Nicola Fleming | 54 years | Apr 2022 | - | Director | |
| Mr Stephen Hatch | 51 years | May 2022 | - | Director | |
| Mr John Pinnington | England | 57 years | May 2023 | - | Director |
P&L
March 2022turnover
1.6m
+22%
operating profit
25.7k
-15%
gross margin
61.1%
-6.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2022net assets
156k
+0.12%
total assets
1.3m
-0.11%
cash
73k
-0.75%
net assets
Total assets minus all liabilities
Similar Companies
changes uk community interest company company details
company number
07032583
Type
Private Ltd By Guarantee w/o Share Cap
industry
88990 - Other social work activities without accommodation n.e.c.
87200 - Residential care activities for learning disabilities, mental health and substance abuse
incorporation date
September 2009
age
15
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2022
address
prospect house rouen road, norwich, NR1 1RE
accountant
-
auditor
-
changes uk community interest company 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 did not find charges/mortgages relating to changes uk community interest company.
changes uk community interest company Companies House Filings - See Documents
| date | description | view/download |
|---|
