independent lives (disability)
independent lives (disability) Company Information
Company Number
08654797
Website
www.independentlives.orgRegistered Address
southfield house, liverpool gardens, worthing, west sussex, BN11 1RY
Industry
Other social work activities without accommodation n.e.c.
Other information service activities n.e.c.
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
-0%
independent lives (disability) Estimated Valuation
Pomanda estimates the enterprise value of INDEPENDENT LIVES (DISABILITY) at £2.6m based on a Turnover of £2.9m and 0.88x industry multiple (adjusted for size and gross margin).
independent lives (disability) Estimated Valuation
Pomanda estimates the enterprise value of INDEPENDENT LIVES (DISABILITY) at £0 based on an EBITDA of £-208.8k and a 4.85x industry multiple (adjusted for size and gross margin).
independent lives (disability) Estimated Valuation
Pomanda estimates the enterprise value of INDEPENDENT LIVES (DISABILITY) at £1.4m based on Net Assets of £556.9k and 2.58x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Independent Lives (disability) Overview
Independent Lives (disability) is a live company located in worthing, BN11 1RY with a Companies House number of 08654797. It operates in the other information service activities n.e.c. sector, SIC Code 63990. Founded in August 2013, it's largest shareholder is unknown. Independent Lives (disability) is a established, small sized company, Pomanda has estimated its turnover at £2.9m with low growth in recent years.
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Independent Lives (disability) Health Check
Pomanda's financial health check has awarded Independent Lives (Disability) a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £2.9m, make it larger than the average company (£882.6k)
£2.9m - Independent Lives (disability)
£882.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (7%)
2% - Independent Lives (disability)
7% - Industry AVG
Production
with a gross margin of 52.9%, this company has a comparable cost of product (52.9%)
52.9% - Independent Lives (disability)
52.9% - Industry AVG
Profitability
an operating margin of -7.7% make it less profitable than the average company (5.7%)
-7.7% - Independent Lives (disability)
5.7% - Industry AVG
Employees
with 94 employees, this is above the industry average (15)
94 - Independent Lives (disability)
15 - Industry AVG
Pay Structure
on an average salary of £26.4k, the company has an equivalent pay structure (£30.5k)
£26.4k - Independent Lives (disability)
£30.5k - Industry AVG
Efficiency
resulting in sales per employee of £31k, this is less efficient (£71.3k)
£31k - Independent Lives (disability)
£71.3k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is later than average (26 days)
44 days - Independent Lives (disability)
26 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (26 days)
6 days - Independent Lives (disability)
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Independent Lives (disability)
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 67 weeks, this is less cash available to meet short term requirements (124 weeks)
67 weeks - Independent Lives (disability)
124 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40.9%, this is a higher level of debt than the average (29.8%)
40.9% - Independent Lives (disability)
29.8% - Industry AVG
INDEPENDENT LIVES (DISABILITY) financials
Independent Lives (Disability)'s latest turnover from December 2023 is £2.9 million and the company has net assets of £556.9 thousand. According to their latest financial statements, Independent Lives (Disability) has 94 employees and maintains cash reserves of £501 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,915,097 | 3,137,140 | 3,134,045 | 2,767,756 | 2,637,272 | 2,191,861 | 2,240,338 | 2,103,778 | 2,189,641 | 2,035,249 |
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -191,666 | 98,164 | 99,129 | 134,294 | 29,117 | 81,322 | -50,898 | -297,600 | -12,068 | 92,756 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -191,666 | 98,164 | 99,129 | 134,294 | 29,117 | 81,322 | -50,898 | -297,600 | -12,068 | 92,756 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -191,666 | 98,164 | 99,129 | 134,294 | 29,117 | 81,322 | -50,898 | -297,600 | -12,068 | 92,756 |
| Employee Costs | 2,477,199 | 2,374,180 | 2,417,697 | 2,135,106 | 2,073,348 | 1,684,575 | 1,850,576 | 1,867,684 | 1,614,374 | 1,561,624 |
| Number Of Employees | 94 | 90 | 100 | 107 | 108 | 96 | 94 | 100 | 86 | 67 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 37,179 | 17,217 | 6,063 | 15,171 | 17,428 | 23,427 | 44,224 | 59,417 | 77,667 | 25,420 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,163 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 37,179 | 17,217 | 6,063 | 15,171 | 17,428 | 23,427 | 44,224 | 59,417 | 81,830 | 25,420 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,611 | 0 | 0 |
| Trade Debtors | 352,626 | 478,909 | 464,880 | 335,218 | 199,885 | 300,881 | 196,688 | 269,622 | 300,904 | 203,359 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 51,671 | 31,409 | 81,978 | 74,110 | 125,339 | 58,642 | 47,358 | 35,926 | 30,984 | 34,650 |
| Cash | 500,997 | 785,555 | 611,130 | 543,524 | 380,434 | 313,821 | 303,407 | 355,877 | 519,644 | 916,397 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 905,294 | 1,295,873 | 1,157,988 | 952,852 | 705,658 | 673,344 | 547,453 | 666,036 | 851,532 | 1,154,406 |
| total assets | 942,473 | 1,313,090 | 1,164,051 | 968,023 | 723,086 | 696,771 | 591,677 | 725,453 | 933,362 | 1,179,826 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 25,298 | 125,916 | 161,348 | 161,258 | 148,306 | 166,518 | 135,663 | 57,830 | 65,084 | 80,460 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 360,310 | 438,643 | 352,336 | 255,527 | 157,836 | 142,426 | 149,509 | 310,221 | 213,276 | 432,296 |
| total current liabilities | 385,608 | 564,559 | 513,684 | 416,785 | 306,142 | 308,944 | 285,172 | 368,051 | 278,360 | 512,756 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 385,608 | 564,559 | 513,684 | 416,785 | 306,142 | 308,944 | 285,172 | 368,051 | 278,360 | 512,756 |
| net assets | 556,865 | 748,531 | 650,367 | 551,238 | 416,944 | 387,827 | 306,505 | 357,402 | 655,002 | 667,070 |
| total shareholders funds | 556,865 | 748,531 | 650,367 | 551,238 | 416,944 | 387,827 | 306,505 | 357,402 | 655,002 | 667,070 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 15,054 | 8,351 | 9,108 | 10,424 | 25,208 | 23,809 | 24,366 | 27,768 | 18,436 | 31,280 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 338 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -4,611 | 4,611 | 0 | 0 |
| Debtors | -106,021 | -36,540 | 137,530 | 84,104 | -34,299 | 115,477 | -61,502 | -26,340 | 93,879 | 238,009 |
| Creditors | -100,618 | -35,432 | 90 | 12,952 | -18,212 | 30,855 | 77,833 | -7,254 | -15,376 | 80,460 |
| Accruals and Deferred Income | -78,333 | 86,307 | 96,809 | 97,691 | 15,410 | -7,083 | -160,712 | 96,945 | -219,020 | 432,296 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -3,012 | -9,173 | -9,518 | -75,183 | 0 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -3,012 | -9,173 | -9,518 | -75,183 | 0 |
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 574,314 |
| cash and cash equivalents | ||||||||||
| cash | -284,558 | 174,425 | 67,606 | 163,090 | 66,613 | 10,414 | -52,470 | -163,767 | -396,753 | 916,397 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -284,558 | 174,425 | 67,606 | 163,090 | 66,613 | 10,414 | -52,470 | -163,767 | -396,753 | 916,397 |
independent lives (disability) Credit Report and Business Information
Independent Lives (disability) Competitor Analysis
Perform a competitor analysis for independent lives (disability) by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in BN11 area or any other competitors across 12 key performance metrics.
independent lives (disability) Ownership
INDEPENDENT LIVES (DISABILITY) group structure
Independent Lives (Disability) has 1 subsidiary company.
Ultimate parent company
INDEPENDENT LIVES (DISABILITY)
08654797
1 subsidiary
independent lives (disability) directors
Independent Lives (Disability) currently has 5 directors. The longest serving directors include Mr Simon Wilson (Jun 2017) and Mr David Hardman (Jun 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Wilson | England | 45 years | Jun 2017 | - | Director |
| Mr David Hardman | England | 38 years | Jun 2017 | - | Director |
| Mr Chandos Green | United Kingdom | 29 years | Jun 2017 | - | Director |
| Ms Joanna Tuck | 49 years | Nov 2019 | - | Director | |
| Mr Adil Siganporia | 38 years | Apr 2022 | - | Director |
P&L
December 2023turnover
2.9m
-7%
operating profit
-223.8k
0%
gross margin
53%
+3.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
556.9k
-0.26%
total assets
942.5k
-0.28%
cash
501k
-0.36%
net assets
Total assets minus all liabilities
Similar Companies
independent lives (disability) company details
company number
08654797
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
96090 - Other personal service activities n.e.c.
88990 - Other social work activities without accommodation n.e.c.
63990 - Other information service activities n.e.c.
incorporation date
August 2013
age
11
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
independent lives for all (September 2013)
accountant
-
auditor
RICHARD PLACE DOBSON SERVICES LTD
address
southfield house, liverpool gardens, worthing, west sussex, BN11 1RY
Bank
BARCLAYS BANK PLC, BARCLAYS BANK PLC
Legal Advisor
-
independent lives (disability) 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 lives (disability).
independent lives (disability) Companies House Filings - See Documents
| date | description | view/download |
|---|
