forest residential care homes limited
forest residential care homes limited Company Information
Company Number
08435154
Website
www.forestcare.co.ukRegistered Address
11 bushwood, bushwood leightonstone, london, E11 3AY
Industry
Residential care activities for learning disabilities, mental health and substance abuse
Telephone
03333051785
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
jennifer khan 100%
forest residential care homes limited Estimated Valuation
Pomanda estimates the enterprise value of FOREST RESIDENTIAL CARE HOMES LIMITED at £501.1k based on a Turnover of £806.8k and 0.62x industry multiple (adjusted for size and gross margin).
forest residential care homes limited Estimated Valuation
Pomanda estimates the enterprise value of FOREST RESIDENTIAL CARE HOMES LIMITED at £0 based on an EBITDA of £-24k and a 3.76x industry multiple (adjusted for size and gross margin).
forest residential care homes limited Estimated Valuation
Pomanda estimates the enterprise value of FOREST RESIDENTIAL CARE HOMES LIMITED at £6.1m based on Net Assets of £2.1m and 2.93x industry multiple (adjusted for liquidity).
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Forest Residential Care Homes Limited Overview
Forest Residential Care Homes Limited is a live company located in london, E11 3AY with a Companies House number of 08435154. It operates in the residential care activities for mental difficulties, mental health and substance abuse sector, SIC Code 87200. Founded in March 2013, it's largest shareholder is jennifer khan with a 100% stake. Forest Residential Care Homes Limited is a established, small sized company, Pomanda has estimated its turnover at £806.8k with declining growth in recent years.
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Forest Residential Care Homes Limited Health Check
Pomanda's financial health check has awarded Forest Residential Care Homes Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
5 Weak
Size
annual sales of £806.8k, make it smaller than the average company (£2.2m)
- Forest Residential Care Homes Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -47%, show it is growing at a slower rate (4.9%)
- Forest Residential Care Homes Limited
4.9% - Industry AVG
Production
with a gross margin of 35.2%, this company has a comparable cost of product (35.2%)
- Forest Residential Care Homes Limited
35.2% - Industry AVG
Profitability
an operating margin of -3% make it less profitable than the average company (10.2%)
- Forest Residential Care Homes Limited
10.2% - Industry AVG
Employees
with 18 employees, this is below the industry average (59)
18 - Forest Residential Care Homes Limited
59 - Industry AVG
Pay Structure
on an average salary of £22.9k, the company has an equivalent pay structure (£22.9k)
- Forest Residential Care Homes Limited
£22.9k - Industry AVG
Efficiency
resulting in sales per employee of £44.8k, this is more efficient (£36.6k)
- Forest Residential Care Homes Limited
£36.6k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is later than average (20 days)
- Forest Residential Care Homes Limited
20 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Forest Residential Care Homes Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Forest Residential Care Homes Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 40 weeks, this is average cash available to meet short term requirements (47 weeks)
40 weeks - Forest Residential Care Homes Limited
47 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.8%, this is a similar level of debt than the average (45%)
44.8% - Forest Residential Care Homes Limited
45% - Industry AVG
forest residential care homes limited Credit Report and Business Information
Forest Residential Care Homes Limited Competitor Analysis
Perform a competitor analysis for forest residential care homes limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
forest residential care homes limited Ownership
FOREST RESIDENTIAL CARE HOMES LIMITED group structure
Forest Residential Care Homes Limited has no subsidiary companies.
Ultimate parent company
FOREST RESIDENTIAL CARE HOMES LIMITED
08435154
forest residential care homes limited directors
Forest Residential Care Homes Limited currently has 2 directors. The longest serving directors include Mrs Jennifer Khan (Mar 2013) and Mr Adam Khan (Mar 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Jennifer Khan | England | 67 years | Mar 2013 | - | Director |
| Mr Adam Khan | England | 39 years | Mar 2021 | - | Director |
FOREST RESIDENTIAL CARE HOMES LIMITED financials
Forest Residential Care Homes Limited's latest turnover from September 2022 is estimated at £806.8 thousand and the company has net assets of £2.1 million. According to their latest financial statements, Forest Residential Care Homes Limited has 18 employees and maintains cash reserves of £730.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Sep 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 18 | 17 | 21 | 32 | 29 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Sep 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,000,000 | 3,000,000 | 3,000,000 | 1,305,000 | 1,308,289 | 1,314,985 | 1,317,850 | 1,317,479 | 1,316,568 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 125,000 | 325,002 | 571,666 | 0 |
| Total Fixed Assets | 3,000,000 | 3,000,000 | 3,000,000 | 1,305,000 | 1,308,289 | 1,439,985 | 1,642,852 | 1,889,145 | 1,316,568 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 60,600 | 125,600 | 0 | 34,621 | 78,334 | 0 | 47,426 | 46,766 | 679,529 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 4,544 | 6,000 | 28,362 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 730,303 | 343,448 | 309,868 | 422,731 | 471,181 | 447,917 | 259,556 | 328,700 | 132,262 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 795,447 | 475,048 | 338,230 | 457,352 | 549,515 | 447,917 | 306,982 | 375,466 | 811,791 |
| total assets | 3,795,447 | 3,475,048 | 3,338,230 | 1,762,352 | 1,857,804 | 1,887,902 | 1,949,834 | 2,264,611 | 2,128,359 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 502,884 | 492,749 | 488,008 | 496,204 | 762,173 | 733,640 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 932,925 | 289,931 | 271,078 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 932,925 | 289,931 | 271,078 | 502,884 | 492,749 | 488,008 | 496,204 | 762,173 | 733,640 |
| loans | 50,000 | 724,437 | 721,556 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 395,748 | 0 | 0 | 803,535 | 802,819 | 888,333 | 975,000 | 1,061,666 | 1,148,333 |
| provisions | 322,050 | 322,050 | 322,050 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 767,798 | 1,046,487 | 1,043,606 | 803,535 | 802,819 | 888,333 | 975,000 | 1,061,666 | 1,148,333 |
| total liabilities | 1,700,723 | 1,336,418 | 1,314,684 | 1,306,419 | 1,295,568 | 1,376,341 | 1,471,204 | 1,823,839 | 1,881,973 |
| net assets | 2,094,724 | 2,138,630 | 2,023,546 | 455,933 | 562,236 | 511,561 | 478,630 | 440,772 | 246,386 |
| total shareholders funds | 2,094,724 | 2,138,630 | 2,023,546 | 455,933 | 562,236 | 511,561 | 478,630 | 440,772 | 246,386 |
| Sep 2022 | Sep 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 3,289 | 3,730 | 6,696 | 5,715 | 5,174 | 3,044 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -66,456 | 103,238 | -6,259 | -43,713 | -46,666 | -247,428 | -246,004 | -61,097 | 679,529 |
| Creditors | 0 | 0 | -502,884 | 10,135 | 4,741 | -8,196 | -265,969 | 28,533 | 733,640 |
| Accruals and Deferred Income | 642,994 | 18,853 | 271,078 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 322,050 | 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 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -674,437 | 2,881 | 721,556 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 395,748 | 0 | -803,535 | 716 | -85,514 | -86,667 | -86,666 | -86,667 | 1,148,333 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 386,855 | 33,580 | -112,863 | -48,450 | 23,264 | 188,361 | -69,144 | 196,438 | 132,262 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 386,855 | 33,580 | -112,863 | -48,450 | 23,264 | 188,361 | -69,144 | 196,438 | 132,262 |
P&L
September 2022turnover
806.8k
-36%
operating profit
-24k
0%
gross margin
35.3%
-3.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
2.1m
-0.02%
total assets
3.8m
+0.09%
cash
730.3k
+1.13%
net assets
Total assets minus all liabilities
forest residential care homes limited company details
company number
08435154
Type
Private limited with Share Capital
industry
87200 - Residential care activities for learning disabilities, mental health and substance abuse
incorporation date
March 2013
age
11
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
11 bushwood, bushwood leightonstone, london, E11 3AY
last accounts submitted
September 2022
forest residential care homes 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 5 charges/mortgages relating to forest residential care homes limited. Currently there are 0 open charges and 5 have been satisfied in the past.
forest residential care homes limited Companies House Filings - See Documents
| date | description | view/download |
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