new life fostering agency limited

new life fostering agency limited Company Information

Share NEW  LIFE FOSTERING AGENCY LIMITED
Live 
EstablishedSmallDeclining

Company Number

07988572

Industry

Other social work activities without accommodation n.e.c.

 

Shareholders

naseem ahmed choudhry

kaneez fatima choudhry

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Group Structure

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Contact

Registered Address

charter house 848 tyburn road, birmingham, B24 9NT

new life fostering agency limited Estimated Valuation

£564.8k

Pomanda estimates the enterprise value of NEW LIFE FOSTERING AGENCY LIMITED at £564.8k based on a Turnover of £1.2m and 0.46x industry multiple (adjusted for size and gross margin).

new life fostering agency limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NEW LIFE FOSTERING AGENCY LIMITED at £0 based on an EBITDA of £-30.7k and a 4.61x industry multiple (adjusted for size and gross margin).

new life fostering agency limited Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of NEW LIFE FOSTERING AGENCY LIMITED at £1.6m based on Net Assets of £524.1k and 3.12x industry multiple (adjusted for liquidity).

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New Life Fostering Agency Limited Overview

New Life Fostering Agency Limited is a live company located in birmingham, B24 9NT with a Companies House number of 07988572. It operates in the other social work activities without accommodation n.e.c. sector, SIC Code 88990. Founded in March 2012, it's largest shareholder is naseem ahmed choudhry with a 26% stake. New Life Fostering Agency Limited is a established, small sized company, Pomanda has estimated its turnover at £1.2m with declining growth in recent years.

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New Life Fostering Agency Limited Health Check

Pomanda's financial health check has awarded New Life Fostering Agency Limited a 3.5 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 Rating3.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £1.2m, make it larger than the average company (£484.8k)

£1.2m - New Life Fostering Agency Limited

£484.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -36%, show it is growing at a slower rate (6.5%)

-36% - New Life Fostering Agency Limited

6.5% - Industry AVG

production

Production

with a gross margin of 69.8%, this company has a comparable cost of product (69.8%)

69.8% - New Life Fostering Agency Limited

69.8% - Industry AVG

profitability

Profitability

an operating margin of -2.8% make it less profitable than the average company (3.5%)

-2.8% - New Life Fostering Agency Limited

3.5% - Industry AVG

employees

Employees

with 20 employees, this is above the industry average (14)

20 - New Life Fostering Agency Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £25.1k, the company has an equivalent pay structure (£25.1k)

£25.1k - New Life Fostering Agency Limited

£25.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £61.4k, this is more efficient (£39.7k)

£61.4k - New Life Fostering Agency Limited

£39.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 30 days, this is later than average (14 days)

30 days - New Life Fostering Agency Limited

14 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 43 days, this is slower than average (6 days)

43 days - New Life Fostering Agency Limited

6 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - New Life Fostering Agency Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 231 weeks, this is average cash available to meet short term requirements (241 weeks)

231 weeks - New Life Fostering Agency Limited

241 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 20.3%, this is a higher level of debt than the average (12.6%)

20.3% - New Life Fostering Agency Limited

12.6% - Industry AVG

NEW LIFE FOSTERING AGENCY LIMITED financials

EXPORTms excel logo

New Life Fostering Agency Limited's latest turnover from March 2024 is estimated at £1.2 million and the company has net assets of £524.1 thousand. According to their latest financial statements, New Life Fostering Agency Limited has 20 employees and maintains cash reserves of £492.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Turnover1,227,5451,974,1302,408,6004,626,7862,923,1471,648,5191,184,036815,2953,600,7703,050,1412,838,0542,016,872
Other Income Or Grants000000000000
Cost Of Sales370,464635,131609,7051,613,188887,529455,439309,792165,8532,000,0891,806,2311,782,1721,205,236
Gross Profit857,0811,338,9981,798,8943,013,5982,035,6181,193,081874,243649,4421,600,6821,243,9101,055,882811,636
Admin Expenses891,0331,073,4881,801,3312,801,3071,746,8111,000,439753,031674,3311,628,1181,325,0591,130,798951,912
Operating Profit-33,952265,510-2,437212,291288,807192,642121,212-24,889-27,436-81,149-74,916-140,276
Interest Payable3,1863,8891,436000000000
Interest Receivable26,04717,5831,2290000020413716
Pre-Tax Profit-11,091279,204-2,644212,291288,807192,642121,212-24,889-27,416-81,108-74,879-140,260
Tax0-53,0490-40,335-54,873-36,602-23,03000000
Profit After Tax-11,091226,155-2,644171,956233,934156,04098,182-24,889-27,416-81,108-74,879-140,260
Dividends Paid000000000000
Retained Profit-11,091226,155-2,644171,956233,934156,04098,182-24,889-27,416-81,108-74,879-140,260
Employee Costs501,976471,942450,262437,144388,120380,392373,617372,9792,138,5891,805,8591,710,8011,234,791
Number Of Employees2020202018181818103857957
EBITDA*-30,705268,757-2,437212,291288,807192,642121,212-24,889-27,436-74,926-68,693-140,276

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Tangible Assets5,0448,29111,5382,1762,9021,957009936,41212,63418,857
Intangible Assets000000000000
Investments & Other000000000000
Debtors (Due After 1 year)000000000000
Total Fixed Assets5,0448,29111,5382,1762,9021,957009936,41212,63418,857
Stock & work in progress000000000000
Trade Debtors101,064235,522264,706569,050348,876132,74933,9577,38818,73011,67214,8226,468
Group Debtors000000000000
Misc Debtors59,4376,3506,350000000000
Cash492,464499,799327,6390000007,8198,5576,261
misc current assets000000000000
total current assets652,965741,671598,695569,050348,876132,74933,9577,38818,73019,49123,37912,729
total assets658,009749,962610,233571,226351,778134,70633,9577,38819,72325,90336,01331,586
Bank overdraft000000000000
Bank loan000000000000
Trade Creditors 44,43061,607138,103209,666212,174229,036284,327355,940343,386322,050251,052171,746
Group/Directors Accounts0923,186000000000
other short term finances000000000000
hp & lease commitments000000000000
other current liabilities66,190119,84297,379000000000
total current liabilities110,620181,458258,668209,666212,174229,036284,327355,940343,386322,050251,052171,746
loans23,30933,33342,549000000000
hp & lease commitments000000000000
Accruals and Deferred Income000000000000
other liabilities00050,00000000000
provisions000000000000
total long term liabilities23,30933,33342,54950,00000000000
total liabilities133,929214,791301,217259,666212,174229,036284,327355,940343,386322,050251,052171,746
net assets524,080535,171309,016311,560139,604-94,330-250,370-348,552-323,663-296,147-215,039-140,160
total shareholders funds524,080535,171309,016311,560139,604-94,330-250,370-348,552-323,663-296,147-215,039-140,160
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Operating Activities
Operating Profit-33,952265,510-2,437212,291288,807192,642121,212-24,889-27,436-81,149-74,916-140,276
Depreciation3,2473,24700000006,2236,2230
Amortisation000000000000
Tax0-53,0490-40,335-54,873-36,602-23,03000000
Stock000000000000
Debtors-81,371-29,184-297,994220,174216,12798,79226,569-11,3427,058-3,1508,3546,468
Creditors-17,177-76,496-71,563-2,508-16,862-55,291-71,61312,55421,33670,99879,306171,746
Accruals and Deferred Income-53,65222,46397,379000000000
Deferred Taxes & Provisions000000000000
Cash flow from operations-20,163190,859321,373-50,7269451,9570-993-13,158-7782,25925,002
Investing Activities
capital expenditure00-9,362726-945-1,95709935,419-10-18,857
Change in Investments000000000000
cash flow from investments00-9,362726-945-1,95709935,419-10-18,857
Financing Activities
Bank loans000000000000
Group/Directors Accounts-9-23,17723,186000000000
Other Short Term Loans 000000000000
Long term loans-10,024-9,21642,549000000000
Hire Purchase and Lease Commitments000000000000
other long term liabilities00-50,00050,00000000000
share issue0010000000-10000100
interest22,86113,694-2070000020413716
cash flow from financing12,828-18,69915,62850,0000000-804137116
cash and cash equivalents
cash-7,335172,160327,63900000-7,819-7382,2966,261
overdraft000000000000
change in cash-7,335172,160327,63900000-7,819-7382,2966,261

new life fostering agency limited 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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New Life Fostering Agency Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for new life fostering agency limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in B24 area or any other competitors across 12 key performance metrics.

new life fostering agency limited Ownership

NEW LIFE FOSTERING AGENCY LIMITED group structure

New Life Fostering Agency Limited has no subsidiary companies.

Ultimate parent company

NEW LIFE FOSTERING AGENCY LIMITED

07988572

NEW LIFE FOSTERING AGENCY LIMITED Shareholders

naseem ahmed choudhry 26%
kaneez fatima choudhry 26%
farhan choudhry 24%
umair choudhry 24%

new life fostering agency limited directors

New Life Fostering Agency Limited currently has 1 director, Mr Naseem Choudhry serving since Jul 2014.

officercountryagestartendrole
Mr Naseem ChoudhryEngland56 years Jul 2014- Director

P&L

March 2024

turnover

1.2m

-38%

operating profit

-34k

0%

gross margin

69.9%

+2.94%

turnover

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

Balance Sheet

March 2024

net assets

524.1k

-0.02%

total assets

658k

-0.12%

cash

492.5k

-0.01%

net assets

Total assets minus all liabilities

new life fostering agency limited company details

company number

07988572

Type

Private limited with Share Capital

industry

88990 - Other social work activities without accommodation n.e.c.

incorporation date

March 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

SIGMA CHARTERED ACCOUNTANTS

auditor

-

address

charter house 848 tyburn road, birmingham, B24 9NT

Bank

-

Legal Advisor

-

new life fostering agency 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 did not find charges/mortgages relating to new life fostering agency limited.

new life fostering agency 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.

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new life fostering agency limited Companies House Filings - See Documents

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