strong life care limited
strong life care limited Company Information
Company Number
07137339
Website
www.stronglifecare.co.ukRegistered Address
unit 16 mariner court, durkar, wakefield, WF4 3FL
Industry
Residential care activities for the elderly and disabled
Telephone
01226751703
Next Accounts Due
December 2024
Group Structure
View All
Directors
Harpreet Banwait14 Years
Shareholders
banwait group holdings limited 100%
strong life care limited Estimated Valuation
Pomanda estimates the enterprise value of STRONG LIFE CARE LIMITED at £4.7m based on a Turnover of £5.2m and 0.91x industry multiple (adjusted for size and gross margin).
strong life care limited Estimated Valuation
Pomanda estimates the enterprise value of STRONG LIFE CARE LIMITED at £13.2m based on an EBITDA of £2m and a 6.58x industry multiple (adjusted for size and gross margin).
strong life care limited Estimated Valuation
Pomanda estimates the enterprise value of STRONG LIFE CARE LIMITED at £4.8m based on Net Assets of £1.6m and 3.05x industry multiple (adjusted for liquidity).
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Strong Life Care Limited Overview
Strong Life Care Limited is a live company located in wakefield, WF4 3FL with a Companies House number of 07137339. It operates in the residential care activities for the elderly and disabled sector, SIC Code 87300. Founded in January 2010, it's largest shareholder is banwait group holdings limited with a 100% stake. Strong Life Care Limited is a established, mid sized company, Pomanda has estimated its turnover at £5.2m with healthy growth in recent years.
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Strong Life Care Limited Health Check
Pomanda's financial health check has awarded Strong Life Care Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
3 Weak
Size
annual sales of £5.2m, make it larger than the average company (£3.1m)
£5.2m - Strong Life Care Limited
£3.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (4.5%)
7% - Strong Life Care Limited
4.5% - Industry AVG
Production
with a gross margin of 47.3%, this company has a lower cost of product (38.2%)
47.3% - Strong Life Care Limited
38.2% - Industry AVG
Profitability
an operating margin of 38.4% make it more profitable than the average company (10.7%)
38.4% - Strong Life Care Limited
10.7% - Industry AVG
Employees
with 159 employees, this is above the industry average (74)
159 - Strong Life Care Limited
74 - Industry AVG
Pay Structure
on an average salary of £15.7k, the company has a lower pay structure (£22.3k)
£15.7k - Strong Life Care Limited
£22.3k - Industry AVG
Efficiency
resulting in sales per employee of £32.4k, this is equally as efficient (£37.1k)
£32.4k - Strong Life Care Limited
£37.1k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is later than average (15 days)
23 days - Strong Life Care Limited
15 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (14 days)
9 days - Strong Life Care Limited
14 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Strong Life Care Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 55 weeks, this is more cash available to meet short term requirements (22 weeks)
55 weeks - Strong Life Care Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.7%, this is a higher level of debt than the average (49%)
71.7% - Strong Life Care Limited
49% - Industry AVG
STRONG LIFE CARE LIMITED financials
Strong Life Care Limited's latest turnover from March 2023 is £5.2 million and the company has net assets of £1.6 million. According to their latest financial statements, Strong Life Care Limited has 159 employees and maintains cash reserves of £568.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,150,260 | 5,084,897 | 4,435,642 | 4,246,892 | 4,175,952 | 4,932,507 | 4,647,086 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 2,712,583 | 2,655,774 | 2,508,538 | 1,773,784 | 1,896,358 | 2,687,583 | 2,480,334 | ||||||
| Gross Profit | 2,437,677 | 2,429,123 | 1,927,104 | 2,473,108 | 2,279,594 | 2,244,924 | 2,166,752 | ||||||
| Admin Expenses | 457,946 | 368,258 | 230,797 | 1,249,953 | 1,315,332 | 1,570,497 | 1,489,437 | ||||||
| Operating Profit | 1,979,731 | 2,060,865 | 1,696,307 | 1,223,155 | 964,262 | 674,427 | 677,315 | ||||||
| Interest Payable | 161,550 | 100,588 | 117,656 | 140,948 | 145,831 | 137,294 | 150,198 | ||||||
| Interest Receivable | 56 | 0 | 0 | 446 | 19 | 0 | 0 | ||||||
| Pre-Tax Profit | 1,818,237 | 1,960,277 | 1,578,651 | 1,082,653 | 818,450 | 537,133 | 529,202 | ||||||
| Tax | -330,439 | -364,925 | -299,949 | -202,657 | -154,922 | 142,010 | -149,539 | ||||||
| Profit After Tax | 1,487,798 | 1,595,352 | 1,278,702 | 879,996 | 663,528 | 679,143 | 379,663 | ||||||
| Dividends Paid | 546,791 | 2,271,836 | 1,000,000 | 309,888 | 1,585,540 | 0 | 0 | ||||||
| Retained Profit | 941,007 | -676,484 | 278,702 | 570,108 | -922,012 | 679,143 | 379,663 | ||||||
| Employee Costs | 2,498,894 | 2,474,875 | 2,353,068 | 2,447,982 | 2,586,378 | 3,257,013 | 2,850,612 | ||||||
| Number Of Employees | 159 | 160 | 168 | 173 | 173 | 167 | 135 | ||||||
| EBITDA* | 2,002,142 | 2,082,743 | 1,734,911 | 1,263,036 | 1,004,104 | 774,198 | 950,897 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,891,475 | 3,898,058 | 3,890,941 | 3,888,154 | 3,894,362 | 5,006,928 | 5,006,599 | 2,834,021 | 928,420 | 953,423 | 981,334 | 1,010,211 | 1,047,500 |
| Intangible Assets | 0 | 0 | 0 | 20,000 | 40,000 | 263,535 | 589,600 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 889,471 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 708,303 | 0 | 40,317 | 410,268 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,599,778 | 3,898,058 | 3,931,258 | 4,318,422 | 3,934,362 | 5,270,463 | 5,596,199 | 3,823,492 | 1,028,420 | 1,053,423 | 1,081,334 | 1,110,211 | 1,147,500 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 335,990 | 331,034 | 335,952 | 501,651 | 623,047 | 564,792 | 455,786 | 214,936 | 69,811 | 35,897 | 42,165 | 32,580 | 6,006 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 23,121 | 24,107 | 9,461 | 4,339 | 7,374 | 37,460 | 8,003 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 568,412 | 754,498 | 1,801,322 | 846,367 | 1,134,152 | 1,050,578 | 748,318 | 201,142 | 67,875 | 25,904 | 27,706 | 23,648 | 51,815 |
| misc current assets | 0 | 0 | 4,561 | 1,574 | 652 | 33 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 927,523 | 1,109,639 | 2,151,296 | 1,353,931 | 1,765,225 | 1,652,863 | 1,212,107 | 416,078 | 137,686 | 61,801 | 69,871 | 56,228 | 57,821 |
| total assets | 5,527,301 | 5,007,697 | 6,082,554 | 5,672,353 | 5,699,587 | 6,923,326 | 6,808,306 | 4,239,570 | 1,166,106 | 1,115,224 | 1,151,205 | 1,166,439 | 1,205,321 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 223,267 | 231,809 | 208,533 | 216,074 | 212,270 | 215,150 | 208,085 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 72,519 | 39,881 | 50,649 | 26,559 | 59,498 | 175,458 | 266,345 | 271,088 | 126,024 | 89,825 | 106,660 | 134,088 | 135,575 |
| 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 | 6,448 | 2,440 | 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 | 241,345 | 291,942 | 295,635 | 288,116 | 297,359 | 254,596 | 272,649 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 537,131 | 563,632 | 554,817 | 530,749 | 569,127 | 651,652 | 749,519 | 271,088 | 126,024 | 89,825 | 106,660 | 134,088 | 135,575 |
| loans | 3,408,641 | 3,621,147 | 3,888,708 | 4,106,761 | 4,325,576 | 4,680,825 | 4,921,426 | 3,298,016 | 899,664 | 980,118 | 1,016,074 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 181,908 | 323,816 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 340,351 | 0 | 0 | 0 | 0 | 0 | 0 | 1,051,260 | 1,086,822 |
| provisions | 17,827 | 18,315 | 16,034 | 14,366 | 14,164 | 0 | 225,655 | 8,062 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 3,426,468 | 3,821,370 | 4,228,558 | 4,121,127 | 4,680,091 | 4,680,825 | 5,147,081 | 3,306,078 | 899,664 | 980,118 | 1,016,074 | 1,051,260 | 1,086,822 |
| total liabilities | 3,963,599 | 4,385,002 | 4,783,375 | 4,651,876 | 5,249,218 | 5,332,477 | 5,896,600 | 3,577,166 | 1,025,688 | 1,069,943 | 1,122,734 | 1,185,348 | 1,222,397 |
| net assets | 1,563,702 | 622,695 | 1,299,179 | 1,020,477 | 450,369 | 1,590,849 | 911,706 | 662,404 | 140,418 | 45,281 | 28,471 | -18,909 | -17,076 |
| total shareholders funds | 1,563,702 | 622,695 | 1,299,179 | 1,020,477 | 450,369 | 1,590,849 | 911,706 | 662,404 | 140,418 | 45,281 | 28,471 | -18,909 | -17,076 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 1,979,731 | 2,060,865 | 1,696,307 | 1,223,155 | 964,262 | 674,427 | 677,315 | ||||||
| Depreciation | 22,411 | 21,878 | 18,604 | 19,881 | 19,842 | 32,889 | 35,182 | 22,572 | 26,085 | 31,592 | 37,647 | 44,155 | 52,500 |
| Amortisation | 0 | 0 | 20,000 | 20,000 | 20,000 | 66,882 | 238,400 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -330,439 | -364,925 | -299,949 | -202,657 | -154,922 | 142,010 | -149,539 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 712,273 | -30,589 | -530,528 | 285,837 | 28,169 | 138,463 | 248,853 | 145,125 | 33,914 | -6,268 | 9,585 | 26,574 | 6,006 |
| Creditors | 32,638 | -10,768 | 24,090 | -32,939 | -115,960 | -90,887 | -4,743 | 145,064 | 36,199 | -16,835 | -27,428 | -1,487 | 135,575 |
| Accruals and Deferred Income | -232,505 | -145,601 | 331,335 | -9,243 | 42,763 | -18,053 | 272,649 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -488 | 2,281 | 1,668 | 202 | 14,164 | -225,655 | 217,593 | 8,062 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 759,075 | 1,594,319 | 2,322,583 | 732,562 | 761,980 | 443,150 | 1,038,004 | ||||||
| Investing Activities | |||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -33,218 | -2,024,060 | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | -889,471 | 889,471 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -33,218 | -1,134,589 | ||||||
| Financing Activities | |||||||||||||
| Bank loans | -8,542 | 23,276 | -7,541 | 3,804 | -2,880 | 7,065 | 208,085 | 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 | -6,448 | 4,008 | 2,440 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -212,506 | -267,561 | -218,053 | -218,815 | -355,249 | -240,601 | 1,623,410 | 2,398,352 | -80,454 | -35,956 | 1,016,074 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -340,351 | 340,351 | 0 | 0 | 0 | 0 | 0 | -1,051,260 | -35,562 | 1,086,822 |
| share issue | |||||||||||||
| interest | -161,494 | -100,588 | -117,656 | -140,502 | -145,812 | -137,294 | -150,198 | ||||||
| cash flow from financing | -382,542 | -344,873 | -343,250 | -695,864 | -388,506 | -366,822 | 1,553,376 | ||||||
| cash and cash equivalents | |||||||||||||
| cash | -186,086 | -1,046,824 | 954,955 | -287,785 | 83,574 | 302,260 | 547,176 | 133,267 | 41,971 | -1,802 | 4,058 | -28,167 | 51,815 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -186,086 | -1,046,824 | 954,955 | -287,785 | 83,574 | 302,260 | 547,176 | 133,267 | 41,971 | -1,802 | 4,058 | -28,167 | 51,815 |
strong life care limited Credit Report and Business Information
Strong Life Care Limited Competitor Analysis
Perform a competitor analysis for strong life care limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
strong life care limited Ownership
STRONG LIFE CARE LIMITED group structure
Strong Life Care Limited has no subsidiary companies.
Ultimate parent company
1 parent
STRONG LIFE CARE LIMITED
07137339
strong life care limited directors
Strong Life Care Limited currently has 1 director, Mr Harpreet Banwait serving since Jan 2010.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Harpreet Banwait | England | 41 years | Jan 2010 | - | Director |
P&L
March 2023turnover
5.2m
+1%
operating profit
2m
-4%
gross margin
47.4%
-0.92%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.6m
+1.51%
total assets
5.5m
+0.1%
cash
568.4k
-0.25%
net assets
Total assets minus all liabilities
Similar Companies
strong life care limited company details
company number
07137339
Type
Private limited with Share Capital
industry
87300 - Residential care activities for the elderly and disabled
incorporation date
January 2010
age
14
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
unit 16 mariner court, durkar, wakefield, WF4 3FL
last accounts submitted
March 2023
strong life care limited 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 strong life care limited. Currently there are 4 open charges and 4 have been satisfied in the past.
strong life care limited Companies House Filings - See Documents
| date | description | view/download |
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