grace live in carers ltd

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grace live in carers ltd Company Information

Share GRACE LIVE IN CARERS LTD

Company Number

07838793

Shareholders

alice mhizha

reginah chidemo

Group Structure

View All

Industry

Residential care activities for the elderly and disabled

 

Registered Address

chambers business centre, chapel road, oldham, OL8 4QQ

grace live in carers ltd Estimated Valuation

£3m

Pomanda estimates the enterprise value of GRACE LIVE IN CARERS LTD at £3m based on a Turnover of £4.2m and 0.71x industry multiple (adjusted for size and gross margin).

grace live in carers ltd Estimated Valuation

£2.2m

Pomanda estimates the enterprise value of GRACE LIVE IN CARERS LTD at £2.2m based on an EBITDA of £387k and a 5.76x industry multiple (adjusted for size and gross margin).

grace live in carers ltd Estimated Valuation

£875.7k

Pomanda estimates the enterprise value of GRACE LIVE IN CARERS LTD at £875.7k based on Net Assets of £299.4k and 2.93x industry multiple (adjusted for liquidity).

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Grace Live In Carers Ltd Overview

Grace Live In Carers Ltd is a live company located in oldham, OL8 4QQ with a Companies House number of 07838793. It operates in the residential care activities for the elderly and disabled sector, SIC Code 87300. Founded in November 2011, it's largest shareholder is alice mhizha with a 50% stake. Grace Live In Carers Ltd is a established, small sized company, Pomanda has estimated its turnover at £4.2m with rapid growth in recent years.

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Grace Live In Carers Ltd Health Check

Pomanda's financial health check has awarded Grace Live In Carers Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £4.2m, make it larger than the average company (£2.9m)

£4.2m - Grace Live In Carers Ltd

£2.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 58%, show it is growing at a faster rate (5.6%)

58% - Grace Live In Carers Ltd

5.6% - Industry AVG

production

Production

with a gross margin of 29.1%, this company has a higher cost of product (38.5%)

29.1% - Grace Live In Carers Ltd

38.5% - Industry AVG

profitability

Profitability

an operating margin of 9% make it as profitable than the average company (10.6%)

9% - Grace Live In Carers Ltd

10.6% - Industry AVG

employees

Employees

with 150 employees, this is above the industry average (69)

150 - Grace Live In Carers Ltd

69 - Industry AVG

paystructure

Pay Structure

on an average salary of £23.7k, the company has an equivalent pay structure (£23.7k)

£23.7k - Grace Live In Carers Ltd

£23.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £28.1k, this is less efficient (£40.2k)

£28.1k - Grace Live In Carers Ltd

£40.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Grace Live In Carers Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 42 days, this is slower than average (16 days)

42 days - Grace Live In Carers Ltd

16 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Grace Live In Carers Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (31 weeks)

2 weeks - Grace Live In Carers Ltd

31 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 54.1%, this is a higher level of debt than the average (45.2%)

54.1% - Grace Live In Carers Ltd

45.2% - Industry AVG

GRACE LIVE IN CARERS LTD financials

EXPORTms excel logo

Grace Live In Carers Ltd's latest turnover from November 2023 is estimated at £4.2 million and the company has net assets of £299.4 thousand. According to their latest financial statements, Grace Live In Carers Ltd has 150 employees and maintains cash reserves of £13.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012
Turnover4,220,4023,435,4331,736,0701,070,910600,234702,371586,435448,056116,836172,776
Other Income Or Grants
Cost Of Sales2,990,6982,403,7281,256,558741,197414,535488,280395,407302,43680,044117,763
Gross Profit1,229,7041,031,705479,513329,713185,699214,091191,028145,62036,79255,013
Admin Expenses847,869988,304609,099266,439198,272192,372149,014126,97829,19155,6943,603
Operating Profit381,83543,401-129,58663,274-12,57321,71942,01418,6427,601-681-3,603
Interest Payable178178
Interest Receivable371152221121065381121
Pre-Tax Profit382,20743,416-129,58463,277-12,36221,93042,07918,6807,613-857-3,780
Tax-95,552-8,249-12,023-4,167-7,995-3,736-1,522
Profit After Tax286,65535,167-129,58451,254-12,36217,76334,08414,9446,090-857-3,780
Dividends Paid
Retained Profit286,65535,167-129,58451,254-12,36217,76334,08414,9446,090-857-3,780
Employee Costs3,556,8262,197,9201,033,374691,998529,537629,480259,786221,16061,54190,377
Number Of Employees15010050352835151446
EBITDA*386,97750,258-128,44464,020-11,46921,71942,01420,0427,761-433-3,293

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012
Tangible Assets15,42720,5693,4262,2372,9832,8072,2862,1018329921,240
Intangible Assets
Investments & Other
Debtors (Due After 1 year)622,243862,518298,435268,53867,190
Total Fixed Assets637,670883,087301,861270,77570,1732,8072,2862,1018329921,240
Stock & work in progress
Trade Debtors43,91164,07835,4508,32612,463
Group Debtors
Misc Debtors
Cash13,8463016824,16017656,11726,1404,230322469
misc current assets
total current assets13,8463016824,160176100,02864,07861,59012,55612,785469
total assets651,516883,388302,543274,93570,349102,83566,36463,69113,38813,7771,709
Bank overdraft
Bank loan
Trade Creditors 352,140616,968324,989167,79714,46534,58915,88347,29211,93318,412
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities352,140616,968324,989167,79714,46534,58915,88347,29211,93318,412
loans5,487
hp & lease commitments
Accruals and Deferred Income
other liabilities253,699
provisions
total long term liabilities253,6995,487
total liabilities352,140870,667324,989167,79714,46534,58915,88347,29211,93318,4125,487
net assets299,37612,721-22,446107,13855,88468,24650,48116,3991,455-4,635-3,778
total shareholders funds299,37612,721-22,446107,13855,88468,24650,48116,3991,455-4,635-3,778
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012
Operating Activities
Operating Profit381,83543,401-129,58663,274-12,57321,71942,01418,6427,601-681-3,603
Depreciation5,1426,8571,1427461,1041,400160248310
Amortisation
Tax-95,552-8,249-12,023-4,167-7,995-3,736-1,522
Stock
Debtors-240,275564,08329,897201,34823,279-20,16728,62827,124-4,13712,463
Creditors-264,828291,979157,192153,332-20,12418,706-31,40935,359-6,47918,412
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations266,872-230,095-1,1493,981-54,87256,425-26,01824,5413,8975,516-3,293
Investing Activities
capital expenditure-24,000-2,331-1,280-521-185-2,669-1,550
Change in Investments
cash flow from investments-24,000-2,331-1,280-521-185-2,669-1,550
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-5,4875,487
Hire Purchase and Lease Commitments
other long term liabilities-253,699253,699
share issue2-22
interest3711522211210653811-176-177
cash flow from financing-253,328253,71422211212633811-5,6635,312
cash and cash equivalents
cash13,545-381-3,4783,984-55,94156,117-26,14021,9103,908-147469
overdraft
change in cash13,545-381-3,4783,984-55,94156,117-26,14021,9103,908-147469

grace live in carers ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Grace Live In Carers Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for grace live in carers ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in OL8 area or any other competitors across 12 key performance metrics.

grace live in carers ltd Ownership

GRACE LIVE IN CARERS LTD group structure

Grace Live In Carers Ltd has no subsidiary companies.

Ultimate parent company

GRACE LIVE IN CARERS LTD

07838793

GRACE LIVE IN CARERS LTD Shareholders

alice mhizha 50%
reginah chidemo 50%

grace live in carers ltd directors

Grace Live In Carers Ltd currently has 2 directors. The longest serving directors include Ms Reginah Chidemo (Nov 2011) and Ms Alice Mhizha (Nov 2011).

officercountryagestartendrole
Ms Reginah ChidemoUnited Kingdom49 years Nov 2011- Director
Ms Alice MhizhaUnited Kingdom54 years Nov 2011- Director

P&L

November 2023

turnover

4.2m

+23%

operating profit

381.8k

0%

gross margin

29.2%

-2.98%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

November 2023

net assets

299.4k

+22.53%

total assets

651.5k

-0.26%

cash

13.8k

+45%

net assets

Total assets minus all liabilities

grace live in carers ltd company details

company number

07838793

Type

Private limited with Share Capital

industry

87300 - Residential care activities for the elderly and disabled

incorporation date

November 2011

age

14

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

November 2023

previous names

N/A

accountant

-

auditor

-

address

chambers business centre, chapel road, oldham, OL8 4QQ

Bank

-

Legal Advisor

-

grace live in carers 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 did not find charges/mortgages relating to grace live in carers ltd.

grace live in carers ltd 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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grace live in carers ltd Companies House Filings - See Documents

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