optimo care group limited
optimo care group limited Company Information
Company Number
07269145
Next Accounts
Apr 2025
Shareholders
oxygen enterprise partners ltd
richard walker
View AllGroup Structure
View All
Industry
Social work activities without accommodation for the elderly and disabled
Registered Address
maple house maple estate, stocks lane, barnsley, south yorkshire, S75 2BL
Website
www.optimocare.co.ukoptimo care group limited Estimated Valuation
Pomanda estimates the enterprise value of OPTIMO CARE GROUP LIMITED at £12.5m based on a Turnover of £18m and 0.7x industry multiple (adjusted for size and gross margin).
optimo care group limited Estimated Valuation
Pomanda estimates the enterprise value of OPTIMO CARE GROUP LIMITED at £9.8m based on an EBITDA of £1.4m and a 7.14x industry multiple (adjusted for size and gross margin).
optimo care group limited Estimated Valuation
Pomanda estimates the enterprise value of OPTIMO CARE GROUP LIMITED at £3.9m based on Net Assets of £1.4m and 2.82x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Optimo Care Group Limited Overview
Optimo Care Group Limited is a live company located in barnsley, S75 2BL with a Companies House number of 07269145. It operates in the social work activities without accommodation for the elderly and disabled sector, SIC Code 88100. Founded in June 2010, it's largest shareholder is oxygen enterprise partners ltd with a 72% stake. Optimo Care Group Limited is a established, mid sized company, Pomanda has estimated its turnover at £18m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Optimo Care Group Limited Health Check
Pomanda's financial health check has awarded Optimo Care Group Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £18m, make it larger than the average company (£488.6k)
£18m - Optimo Care Group Limited
£488.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (2.9%)
14% - Optimo Care Group Limited
2.9% - Industry AVG
Production
with a gross margin of 26.8%, this company has a higher cost of product (36%)
26.8% - Optimo Care Group Limited
36% - Industry AVG
Profitability
an operating margin of 5.9% make it more profitable than the average company (2.2%)
5.9% - Optimo Care Group Limited
2.2% - Industry AVG
Employees
with 985 employees, this is above the industry average (17)
985 - Optimo Care Group Limited
17 - Industry AVG
Pay Structure
on an average salary of £15.1k, the company has a lower pay structure (£20.4k)
£15.1k - Optimo Care Group Limited
£20.4k - Industry AVG
Efficiency
resulting in sales per employee of £18.3k, this is less efficient (£29k)
£18.3k - Optimo Care Group Limited
£29k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is later than average (19 days)
34 days - Optimo Care Group Limited
19 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is close to average (8 days)
8 days - Optimo Care Group Limited
8 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (6 days)
2 days - Optimo Care Group Limited
6 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (210 weeks)
2 weeks - Optimo Care Group Limited
210 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87%, this is a higher level of debt than the average (14%)
87% - Optimo Care Group Limited
14% - Industry AVG
OPTIMO CARE GROUP LIMITED financials
Optimo Care Group Limited's latest turnover from July 2023 is £18 million and the company has net assets of £1.4 million. According to their latest financial statements, Optimo Care Group Limited has 985 employees and maintains cash reserves of £141 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 17,988,099 | 10,346,501 | 12,389,824 | 12,095,845 | 12,380,510 | 11,208,493 | 10,506,842 | 10,550,446 | 9,343,440 | 7,710,500 | 6,902,417 | 5,836,400 | 4,766,910 |
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | 13,170,369 | 7,414,917 | 8,794,844 | 9,105,302 | 9,906,466 | 9,070,810 | 8,391,004 | 8,412,938 | 7,327,713 | 6,028,522 | 5,783,868 | 4,269,838 | 3,708,033 |
| Gross Profit | 4,817,730 | 2,931,584 | 3,594,980 | 2,990,543 | 2,474,044 | 2,137,683 | 2,115,838 | 2,137,508 | 2,015,727 | 1,681,978 | 1,118,549 | 1,566,562 | 1,058,877 |
| Admin Expenses | 3,763,771 | 2,516,596 | 2,643,148 | 2,441,590 | 2,227,130 | 1,702,934 | 1,694,053 | 1,693,271 | 1,335,579 | 1,230,132 | 1,313,778 | 1,201,248 | 840,697 |
| Operating Profit | 1,053,959 | 414,988 | 951,832 | 548,953 | 246,914 | 434,749 | 421,785 | 444,237 | 680,148 | 451,846 | -195,229 | 365,314 | 218,180 |
| Interest Payable | 488,456 | 3,623 | 15,011 | 95,581 | 65,928 | 67,022 | 75,678 | 92,946 | 132,037 | 120,241 | 130,173 | 113,993 | 92,490 |
| Interest Receivable | 271 | 6 | 420 | 369 | 31 | 129 | 51 | 2 | 97 | 3,875 | |||
| Pre-Tax Profit | 565,774 | 411,371 | 937,241 | 453,741 | 181,017 | 367,768 | 346,236 | 351,342 | 548,113 | 331,605 | -325,305 | 255,196 | 125,690 |
| Tax | -192,842 | -97,463 | -209,868 | -108,613 | -68,659 | -90,306 | -89,307 | -95,038 | -175,842 | -89,564 | 31,767 | -128,630 | -31,894 |
| Profit After Tax | 372,932 | 313,908 | 727,373 | 345,128 | 112,358 | 277,462 | 256,929 | 256,304 | 372,271 | 242,041 | -293,538 | 126,566 | 93,796 |
| Dividends Paid | 400,000 | 972,373 | 25,000 | 40,000 | 15,000 | 13,666 | 322,667 | 121,250 | |||||
| Retained Profit | -27,068 | -658,465 | 727,373 | 320,128 | 112,358 | 277,462 | 216,929 | 241,304 | 372,271 | 228,375 | -616,205 | 5,316 | 93,796 |
| Employee Costs | 14,841,911 | 8,382,800 | 9,730,544 | 9,875,606 | 10,793,559 | 9,793,646 | 8,822,481 | 8,910,268 | 7,724,759 | 6,366,628 | 5,885,887 | 4,711,279 | 3,879,068 |
| Number Of Employees | 985 | 461 | 572 | 627 | 713 | 635 | 626 | 700 | 636 | 598 | 520 | 411 | 401 |
| EBITDA* | 1,367,584 | 548,230 | 1,115,046 | 704,899 | 424,350 | 461,910 | 537,375 | 551,367 | 772,952 | 543,601 | -101,075 | 441,172 | 289,270 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 536,561 | 34,902 | 32,472 | 47,597 | 46,705 | 62,034 | 63,854 | 79,238 | 95,342 | 114,461 | 109,299 | 87,028 | 34,168 |
| Intangible Assets | 6,903,803 | 1,160,921 | 1,276,259 | 1,398,212 | 1,520,728 | 1,655,523 | 1,135,165 | 1,216,732 | 1,289,033 | 1,341,232 | 1,406,376 | 1,471,520 | 1,536,664 |
| Investments & Other | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | 7,440,364 | 1,195,823 | 1,308,731 | 1,445,809 | 1,567,433 | 1,717,557 | 1,199,019 | 1,295,970 | 1,384,375 | 1,455,693 | 1,515,675 | 1,558,548 | 1,570,832 |
| Stock & work in progress | 72,599 | 72,599 | 72,599 | 46,888 | |||||||||
| Trade Debtors | 1,691,425 | 376,148 | 363,481 | 209,788 | 420,507 | 458,197 | 492,462 | 533,248 | 415,512 | 537,372 | 684,413 | 575,294 | 574,965 |
| Group Debtors | |||||||||||||
| Misc Debtors | 1,312,304 | 649,112 | 755,998 | 755,210 | 708,952 | 601,535 | 492,089 | 361,469 | 237,663 | 194,705 | 261,081 | 78,673 | |
| Cash | 140,980 | 182,756 | 750,973 | 1,065,134 | 97,414 | 239,195 | 27,577 | 124,000 | 166,174 | 57,945 | 129,646 | 41,876 | 320,164 |
| misc current assets | |||||||||||||
| total current assets | 3,217,308 | 1,280,615 | 1,943,051 | 2,077,020 | 1,226,873 | 1,421,676 | 1,121,574 | 1,149,337 | 943,155 | 832,980 | 1,008,764 | 878,251 | 973,802 |
| total assets | 10,657,672 | 2,476,438 | 3,251,782 | 3,522,829 | 2,794,306 | 3,139,233 | 2,320,593 | 2,445,307 | 2,327,530 | 2,288,673 | 2,524,439 | 2,436,799 | 2,544,634 |
| Bank overdraft | 102,903 | 315,828 | 121,961 | 64,543 | 167,411 | ||||||||
| Bank loan | 200,000 | 200,000 | 273,461 | 327,259 | |||||||||
| Trade Creditors | 317,433 | 198,269 | 180,458 | 138,141 | 151,753 | 107,201 | 177,737 | 105,000 | 100,184 | 153,976 | 114,189 | 50,371 | 117,889 |
| Group/Directors Accounts | 24,833 | ||||||||||||
| other short term finances | 16,864 | 139,775 | |||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 2,772,562 | 862,923 | 994,711 | 1,482,977 | 741,567 | 563,880 | 705,659 | 661,390 | 757,121 | 1,037,503 | 923,332 | 886,675 | |
| total current liabilities | 3,114,828 | 1,061,192 | 1,175,169 | 1,821,118 | 1,196,223 | 1,323,982 | 1,137,039 | 1,202,461 | 901,349 | 911,097 | 1,319,103 | 973,703 | 1,004,564 |
| loans | 6,157,906 | 359,229 | 573,624 | 545,237 | 818,684 | 1,237,806 | 1,552,243 | 1,622,429 | 1,346,274 | ||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | 1,254,333 | ||||||||||||
| provisions | 3,982 | 7,222 | 10,124 | 3,366 | 5,471 | 9,149 | 11,923 | 17,440 | 14,051 | 9,651 | |||
| total long term liabilities | 6,161,888 | 7,222 | 10,124 | 362,595 | 579,095 | 908,621 | 554,386 | 830,607 | 1,255,246 | 1,566,294 | 1,622,429 | 1,263,984 | 1,346,274 |
| total liabilities | 9,276,716 | 1,068,414 | 1,185,293 | 2,183,713 | 1,775,318 | 2,232,603 | 1,691,425 | 2,033,068 | 2,156,595 | 2,477,391 | 2,941,532 | 2,237,687 | 2,350,838 |
| net assets | 1,380,956 | 1,408,024 | 2,066,489 | 1,339,116 | 1,018,988 | 906,630 | 629,168 | 412,239 | 170,935 | -188,718 | -417,093 | 199,112 | 193,796 |
| total shareholders funds | 1,380,956 | 1,408,024 | 2,066,489 | 1,339,116 | 1,018,988 | 906,630 | 629,168 | 412,239 | 170,935 | -188,718 | -417,093 | 199,112 | 193,796 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 1,053,959 | 414,988 | 951,832 | 548,953 | 246,914 | 434,749 | 421,785 | 444,237 | 680,148 | 451,846 | -195,229 | 365,314 | 218,180 |
| Depreciation | 30,941 | 17,904 | 20,371 | 19,121 | 40,557 | 27,161 | 30,460 | 33,548 | 22,274 | 26,611 | 29,010 | 10,714 | 5,946 |
| Amortisation | 282,684 | 115,338 | 142,843 | 136,825 | 136,879 | 85,130 | 73,582 | 70,530 | 65,144 | 65,144 | 65,144 | 65,144 | |
| Tax | -192,842 | -97,463 | -209,868 | -108,613 | -68,659 | -90,306 | -89,307 | -95,038 | -175,842 | -89,564 | 31,767 | -128,630 | -31,894 |
| Stock | 25,711 | 46,888 | |||||||||||
| Debtors | 1,978,469 | -94,219 | 154,481 | -164,461 | 671,262 | -635,800 | 68,660 | 248,356 | 1,946 | -104,083 | 42,743 | 182,737 | 653,638 |
| Creditors | 119,164 | 17,811 | 42,317 | -13,612 | 44,552 | -70,536 | 72,737 | 4,816 | -53,792 | 39,787 | 63,818 | -67,518 | 117,889 |
| Accruals and Deferred Income | 1,909,639 | -131,788 | -488,266 | 741,410 | 741,567 | -563,880 | -141,779 | 44,269 | -95,731 | -280,382 | 114,171 | 36,657 | 886,675 |
| Deferred Taxes & Provisions | -3,240 | -2,902 | 6,758 | -2,105 | 5,471 | -9,149 | -2,774 | -5,517 | 3,389 | 14,051 | -9,651 | 9,651 | |
| Cash flow from operations | 1,221,836 | 428,107 | 285,795 | 1,439,552 | 476,019 | 307,592 | 251,541 | 449,030 | 331,576 | 56,287 | 108,595 | 608,302 | |
| Investing Activities | |||||||||||||
| capital expenditure | -18,640 | -21,590 | -21,485 | -33,170 | -53,909 | -63,602 | -12,566 | ||||||
| Change in Investments | |||||||||||||
| cash flow from investments | -18,640 | -21,590 | -21,485 | -33,170 | -53,909 | -63,602 | -12,566 | ||||||
| Financing Activities | |||||||||||||
| Bank loans | -200,000 | 200,000 | -273,461 | -53,798 | 327,259 | ||||||||
| Group/Directors Accounts | 24,833 | ||||||||||||
| Other Short Term Loans | -16,864 | 16,864 | -139,775 | 139,775 | |||||||||
| Long term loans | 6,157,906 | -359,229 | -214,395 | 573,624 | -545,237 | -273,447 | -419,122 | -314,437 | -70,186 | 1,622,429 | -1,346,274 | 1,346,274 | |
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | -1,254,333 | 1,254,333 | |||||||||||
| share issue | |||||||||||||
| interest | -488,185 | -3,617 | -14,591 | -95,212 | -65,897 | -75,549 | -92,895 | -132,035 | -120,241 | -130,076 | -110,118 | -92,490 | |
| cash flow from financing | 5,694,554 | -3,617 | -573,820 | -309,607 | 690,863 | -402,794 | -324,533 | -319,315 | -190,427 | 238,020 | -202,059 | 1,353,784 | |
| cash and cash equivalents | |||||||||||||
| cash | -41,776 | -568,217 | -314,161 | 967,720 | -141,781 | 211,618 | -96,423 | -42,174 | 108,229 | -71,701 | 87,770 | -278,288 | 320,164 |
| overdraft | -102,903 | -212,925 | 193,867 | 57,418 | 64,543 | -167,411 | 167,411 | ||||||
| change in cash | -41,776 | -568,217 | -314,161 | 1,070,623 | 71,144 | 17,751 | -153,841 | -106,717 | 108,229 | 95,710 | -79,641 | -278,288 | 320,164 |
optimo care group limited Credit Report and Business Information
Optimo Care Group Limited Competitor Analysis
Perform a competitor analysis for optimo care group limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other mid companies, companies in S75 area or any other competitors across 12 key performance metrics.
optimo care group limited Ownership
OPTIMO CARE GROUP LIMITED group structure
Optimo Care Group Limited has 8 subsidiary companies.
Ultimate parent company
1 parent
OPTIMO CARE GROUP LIMITED
07269145
8 subsidiaries
optimo care group limited directors
Optimo Care Group Limited currently has 5 directors. The longest serving directors include Mr Mark Hales (Jun 2010) and Mr Mark Hales (Jun 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Hales | United Kingdom | 55 years | Jun 2010 | - | Director |
| Mr Mark Hales | 55 years | Jun 2010 | - | Director | |
| Mr Richard Walker | United Kingdom | 51 years | Jul 2010 | - | Director |
| Mrs Ceri Bate | United Kingdom | 47 years | Jul 2021 | - | Director |
| Mr Benjamin Hales | England | 24 years | Jul 2023 | - | Director |
P&L
July 2023turnover
18m
+74%
operating profit
1.1m
+154%
gross margin
26.8%
-5.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
1.4m
-0.02%
total assets
10.7m
+3.3%
cash
141k
-0.23%
net assets
Total assets minus all liabilities
optimo care group limited company details
company number
07269145
Type
Private limited with Share Capital
industry
88100 - Social work activities without accommodation for the elderly and disabled
incorporation date
June 2010
age
15
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
July 2023
previous names
art 2 you limited (July 2010)
accountant
-
auditor
TC GROUP
address
maple house maple estate, stocks lane, barnsley, south yorkshire, S75 2BL
Bank
SANTANDER PLC
Legal Advisor
-
optimo care group 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 11 charges/mortgages relating to optimo care group limited. Currently there are 6 open charges and 5 have been satisfied in the past.
optimo care group limited 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 OPTIMO CARE GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
optimo care group limited Companies House Filings - See Documents
| date | description | view/download |
|---|
