independent home solutions cic
independent home solutions cic Company Information
Company Number
07542132
Next Accounts
Jan 2025
Industry
Social work activities without accommodation for the elderly and disabled
Shareholders
-
Group Structure
View All
Contact
Registered Address
1 stirrup way, crawley, RH10 7RH
independent home solutions cic Estimated Valuation
Pomanda estimates the enterprise value of INDEPENDENT HOME SOLUTIONS CIC at £29.9k based on a Turnover of £57k and 0.52x industry multiple (adjusted for size and gross margin).
independent home solutions cic Estimated Valuation
Pomanda estimates the enterprise value of INDEPENDENT HOME SOLUTIONS CIC at £0 based on an EBITDA of £-44.2k and a 5.04x industry multiple (adjusted for size and gross margin).
independent home solutions cic Estimated Valuation
Pomanda estimates the enterprise value of INDEPENDENT HOME SOLUTIONS CIC at £164.3k based on Net Assets of £52.2k and 3.15x industry multiple (adjusted for liquidity).
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Independent Home Solutions Cic Overview
Independent Home Solutions Cic is a dissolved company that was located in crawley, RH10 7RH with a Companies House number of 07542132. It operated in the social work activities without accommodation for the elderly and disabled sector, SIC Code 88100. Founded in February 2011, it's largest shareholder was unknown. The last turnover for Independent Home Solutions Cic was estimated at £57k.
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Independent Home Solutions Cic Health Check
Pomanda's financial health check has awarded Independent Home Solutions Cic a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £57k, make it smaller than the average company (£495.3k)
- Independent Home Solutions Cic
£495.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -61%, show it is growing at a slower rate (3%)
- Independent Home Solutions Cic
3% - Industry AVG
Production
with a gross margin of 31.1%, this company has a comparable cost of product (31.1%)
- Independent Home Solutions Cic
31.1% - Industry AVG
Profitability
an operating margin of -77.5% make it less profitable than the average company (4.9%)
- Independent Home Solutions Cic
4.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (17)
2 - Independent Home Solutions Cic
17 - Industry AVG
Pay Structure
on an average salary of £18.8k, the company has an equivalent pay structure (£18.8k)
- Independent Home Solutions Cic
£18.8k - Industry AVG
Efficiency
resulting in sales per employee of £28.5k, this is equally as efficient (£28.5k)
- Independent Home Solutions Cic
£28.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Independent Home Solutions Cic
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Independent Home Solutions Cic
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Independent Home Solutions Cic
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1049 weeks, this is more cash available to meet short term requirements (250 weeks)
1049 weeks - Independent Home Solutions Cic
250 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.9%, this is a lower level of debt than the average (12.4%)
4.9% - Independent Home Solutions Cic
12.4% - Industry AVG
INDEPENDENT HOME SOLUTIONS CIC financials
Independent Home Solutions Cic's latest turnover from March 2022 is estimated at £57 thousand and the company has net assets of £52.2 thousand. According to their latest financial statements, Independent Home Solutions Cic has 2 employees and maintains cash reserves of £54.4 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 10 | 15 | ||||||
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 4,594 | 9,763 | 10,813 | 17,819 | 9,272 | 14,246 | 12,523 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 4,594 | 9,763 | 10,813 | 17,819 | 9,272 | 14,246 | 12,523 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 4,250 | 0 |
| Trade Debtors | 0 | 0 | 0 | 140,861 | 36,668 | 29,009 | 41,358 | 111,554 | 122,114 | 113,444 | 42,835 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 505 | 254 | 13,068 | 21,642 | 17,634 | 6,978 | 7,981 | 16,060 | 1,688 | 642 | 0 |
| Cash | 54,358 | 98,616 | 132,316 | 177,875 | 229,214 | 178,301 | 111,367 | 95,136 | 71,101 | 55,554 | 62,611 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 54,863 | 98,870 | 145,384 | 340,378 | 285,516 | 216,288 | 162,706 | 224,750 | 196,903 | 173,890 | 105,446 |
| total assets | 54,863 | 98,870 | 145,384 | 340,378 | 290,110 | 226,051 | 173,519 | 242,569 | 206,175 | 188,136 | 117,969 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 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 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 1,841 | 2,884 | 2,884 | 2,884 | 0 | 0 | 0 |
| other current liabilities | 2,694 | 3,082 | 2,933 | 68,443 | 50,816 | 40,812 | 40,576 | 117,098 | 115,966 | 117,268 | 55,670 |
| total current liabilities | 2,694 | 3,082 | 2,933 | 68,443 | 52,657 | 43,696 | 43,460 | 119,982 | 115,966 | 117,268 | 55,670 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 1,841 | 4,725 | 7,609 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 1,841 | 4,725 | 7,609 | 0 | 0 | 0 |
| total liabilities | 2,694 | 3,082 | 2,933 | 68,443 | 52,657 | 45,537 | 48,185 | 127,591 | 115,966 | 117,268 | 55,670 |
| net assets | 52,169 | 95,788 | 142,451 | 271,935 | 237,453 | 180,514 | 125,334 | 114,978 | 90,209 | 70,868 | 62,299 |
| total shareholders funds | 52,169 | 95,788 | 142,451 | 271,935 | 237,453 | 180,514 | 125,334 | 114,978 | 90,209 | 70,868 | 62,299 |
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 0 | 0 | 0 | 4,594 | 6,694 | 7,188 | 9,206 | 7,501 | 8,393 | 5,690 | 3,261 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||
| Stock | 0 | 0 | 0 | -2,000 | 0 | 0 | 0 | 0 | -2,250 | 4,250 | 0 |
| Debtors | 251 | -12,814 | -149,435 | 108,201 | 18,315 | -13,352 | -78,275 | 3,812 | 9,716 | 71,251 | 42,835 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -388 | 149 | -65,510 | 17,627 | 10,004 | 236 | -76,522 | 1,132 | -1,302 | 61,598 | 55,670 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 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 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | -1,841 | -2,884 | -2,884 | -2,884 | 10,493 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -44,258 | -33,700 | -45,559 | -51,339 | 50,913 | 66,934 | 16,231 | 24,035 | 15,547 | -7,057 | 62,611 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -44,258 | -33,700 | -45,559 | -51,339 | 50,913 | 66,934 | 16,231 | 24,035 | 15,547 | -7,057 | 62,611 |
independent home solutions cic Credit Report and Business Information
Independent Home Solutions Cic Competitor Analysis
Perform a competitor analysis for independent home solutions cic by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other undefined companies, companies in RH10 area or any other competitors across 12 key performance metrics.
independent home solutions cic Ownership
INDEPENDENT HOME SOLUTIONS CIC group structure
Independent Home Solutions Cic has no subsidiary companies.
Ultimate parent company
INDEPENDENT HOME SOLUTIONS CIC
07542132
independent home solutions cic directors
Independent Home Solutions Cic currently has 2 directors. The longest serving directors include Ms Alison Goodall (Feb 2011) and Mr David Mir (Jan 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Alison Goodall | England | 67 years | Feb 2011 | - | Director |
| Mr David Mir | England | 67 years | Jan 2014 | - | Director |
P&L
March 2022turnover
57k
+5%
operating profit
-44.2k
0%
gross margin
31.2%
-2.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2022net assets
52.2k
-0.46%
total assets
54.9k
-0.45%
cash
54.4k
-0.45%
net assets
Total assets minus all liabilities
independent home solutions cic company details
company number
07542132
Type
Private Ltd By Guarantee w/o Share Cap
industry
88100 - Social work activities without accommodation for the elderly and disabled
incorporation date
February 2011
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2022
previous names
independent home solutions ltd (March 2011)
accountant
-
auditor
-
address
1 stirrup way, crawley, RH10 7RH
Bank
-
Legal Advisor
-
independent home solutions cic 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 independent home solutions cic.
independent home solutions cic 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.
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independent home solutions cic Companies House Filings - See Documents
| date | description | view/download |
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