iaspire care services ltd
iaspire care services ltd Company Information
Company Number
08732036
Next Accounts
2 days late
Industry
Other residential care activities
Shareholders
hemel hempstead assets ltd
Group Structure
View All
Contact
Registered Address
28 shaftesbury circle, harrow, HA2 0AT
Website
-iaspire care services ltd Estimated Valuation
Pomanda estimates the enterprise value of IASPIRE CARE SERVICES LTD at £3.6m based on a Turnover of £4.9m and 0.74x industry multiple (adjusted for size and gross margin).
iaspire care services ltd Estimated Valuation
Pomanda estimates the enterprise value of IASPIRE CARE SERVICES LTD at £4.9m based on an EBITDA of £780.8k and a 6.33x industry multiple (adjusted for size and gross margin).
iaspire care services ltd Estimated Valuation
Pomanda estimates the enterprise value of IASPIRE CARE SERVICES LTD at £3.5m based on Net Assets of £1.3m and 2.79x industry multiple (adjusted for liquidity).
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Iaspire Care Services Ltd Overview
Iaspire Care Services Ltd is a live company located in harrow, HA2 0AT with a Companies House number of 08732036. It operates in the other residential care activities n.e.c. sector, SIC Code 87900. Founded in October 2013, it's largest shareholder is hemel hempstead assets ltd with a 100% stake. Iaspire Care Services Ltd is a established, small sized company, Pomanda has estimated its turnover at £4.9m with healthy growth in recent years.
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Iaspire Care Services Ltd Health Check
Pomanda's financial health check has awarded Iaspire Care Services Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £4.9m, make it larger than the average company (£2m)
- Iaspire Care Services Ltd
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (4.6%)
- Iaspire Care Services Ltd
4.6% - Industry AVG
Production
with a gross margin of 39.6%, this company has a comparable cost of product (39.6%)
- Iaspire Care Services Ltd
39.6% - Industry AVG
Profitability
an operating margin of 15.6% make it more profitable than the average company (9.5%)
- Iaspire Care Services Ltd
9.5% - Industry AVG
Employees
with 69 employees, this is above the industry average (50)
69 - Iaspire Care Services Ltd
50 - Industry AVG
Pay Structure
on an average salary of £25.7k, the company has an equivalent pay structure (£25.7k)
- Iaspire Care Services Ltd
£25.7k - Industry AVG
Efficiency
resulting in sales per employee of £70.5k, this is more efficient (£43.1k)
- Iaspire Care Services Ltd
£43.1k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is later than average (19 days)
- Iaspire Care Services Ltd
19 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (12 days)
- Iaspire Care Services Ltd
12 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Iaspire Care Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (74 weeks)
11 weeks - Iaspire Care Services Ltd
74 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.9%, this is a similar level of debt than the average (32.9%)
33.9% - Iaspire Care Services Ltd
32.9% - Industry AVG
IASPIRE CARE SERVICES LTD financials
Iaspire Care Services Ltd's latest turnover from March 2023 is estimated at £4.9 million and the company has net assets of £1.3 million. According to their latest financial statements, Iaspire Care Services Ltd has 69 employees and maintains cash reserves of £104.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Oct 2016 | Oct 2015 | Oct 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 | 69 | 46 | 48 | 35 | 35 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 162,561 | 49,434 | 79,228 | 80,474 | 96,046 | 26,682 | 3,269 | 3,269 | 2,113 | 0 |
| Intangible Assets | 0 | 0 | 13,334 | 19,000 | 24,667 | 30,333 | 36,000 | 36,000 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 336,730 | 160,176 | 15,833 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 162,561 | 49,434 | 92,562 | 436,204 | 280,889 | 72,848 | 39,269 | 39,269 | 2,113 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 597,294 | 306,452 | 381,893 | 387,157 | 221,095 | 180,555 | 56,743 | 56,743 | 0 | 31,737 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,056,556 | 613,644 | 386,959 | 27,810 | 27,710 | 12,733 | 59 | 59 | 0 | 0 |
| Cash | 104,593 | 315,356 | 96,300 | 46,214 | 47,403 | 69,949 | 48,193 | 48,193 | 44,679 | 3,235 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 500 | 500 | 0 | 0 |
| total current assets | 1,758,443 | 1,235,452 | 865,152 | 461,181 | 296,208 | 263,237 | 105,495 | 105,495 | 44,679 | 34,972 |
| total assets | 1,921,004 | 1,284,886 | 957,714 | 897,385 | 577,097 | 336,085 | 144,764 | 144,764 | 46,792 | 34,972 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 10,000 | 110,000 | 8,333 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 22,494 | 69,956 | 116,211 | 179,050 | 41,708 | 7,876 | 0 | 0 | 1,369 | 40,720 |
| 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 | 457,536 | 406,723 | 219,642 | 52,802 | 44,068 | 56,555 | 14,513 | 14,513 | 39,633 | 0 |
| total current liabilities | 490,030 | 586,679 | 344,186 | 231,852 | 85,776 | 64,431 | 14,513 | 14,513 | 41,002 | 40,720 |
| loans | 21,666 | 31,667 | 41,667 | 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 | 98,315 | 0 | 0 | 0 | 0 | 0 | 124,728 | 124,728 | 0 | 0 |
| provisions | 40,640 | 9,392 | 15,053 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 160,621 | 41,059 | 56,720 | 0 | 0 | 0 | 124,728 | 124,728 | 0 | 0 |
| total liabilities | 650,651 | 627,738 | 400,906 | 231,852 | 85,776 | 64,431 | 139,241 | 139,241 | 41,002 | 40,720 |
| net assets | 1,270,353 | 657,148 | 556,808 | 665,533 | 491,321 | 271,654 | 5,523 | 5,523 | 5,790 | -5,748 |
| total shareholders funds | 1,270,353 | 657,148 | 556,808 | 665,533 | 491,321 | 271,654 | 5,523 | 5,523 | 5,790 | -5,748 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 23,817 | 29,794 | 13,981 | 26,249 | 23,582 | 5,196 | 267 | 0 | ||
| Amortisation | 0 | 13,334 | 5,666 | 5,667 | 5,666 | 5,667 | 0 | 0 | ||
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 733,754 | 151,244 | 353,885 | 166,162 | 55,517 | 136,486 | 0 | 56,802 | -31,737 | 31,737 |
| Creditors | -47,462 | -46,255 | -62,839 | 137,342 | 33,832 | 7,876 | 0 | -1,369 | -39,351 | 40,720 |
| Accruals and Deferred Income | 50,813 | 187,081 | 166,840 | 8,734 | -12,487 | 42,042 | 0 | -25,120 | 39,633 | 0 |
| Deferred Taxes & Provisions | 31,248 | -5,661 | 15,053 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | -336,730 | 176,554 | 144,343 | 15,833 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | -100,000 | 101,667 | 8,333 | 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 | -10,001 | -10,000 | 41,667 | 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 | 98,315 | 0 | 0 | 0 | 0 | -124,728 | 0 | 124,728 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -210,763 | 219,056 | 50,086 | -1,189 | -22,546 | 21,756 | 0 | 3,514 | 41,444 | 3,235 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -210,763 | 219,056 | 50,086 | -1,189 | -22,546 | 21,756 | 0 | 3,514 | 41,444 | 3,235 |
iaspire care services ltd Credit Report and Business Information
Iaspire Care Services Ltd Competitor Analysis
Perform a competitor analysis for iaspire care services ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in HA2 area or any other competitors across 12 key performance metrics.
iaspire care services ltd Ownership
IASPIRE CARE SERVICES LTD group structure
Iaspire Care Services Ltd has no subsidiary companies.
Ultimate parent company
IASPIRE CARE SERVICES LTD
08732036
iaspire care services ltd directors
Iaspire Care Services Ltd currently has 2 directors. The longest serving directors include Mr Bal Kanda (May 2016) and Mr Bal Kanda (May 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Bal Kanda | United Kingdom | 60 years | May 2016 | - | Director |
| Mr Bal Kanda | England | 60 years | May 2016 | - | Director |
P&L
March 2023turnover
4.9m
+66%
operating profit
757k
0%
gross margin
39.6%
+4.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.3m
+0.93%
total assets
1.9m
+0.5%
cash
104.6k
-0.67%
net assets
Total assets minus all liabilities
iaspire care services ltd company details
company number
08732036
Type
Private limited with Share Capital
industry
87900 - Other residential care activities
incorporation date
October 2013
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
28 shaftesbury circle, harrow, HA2 0AT
Bank
-
Legal Advisor
-
iaspire care services 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 found 2 charges/mortgages relating to iaspire care services ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
iaspire care services 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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iaspire care services ltd Companies House Filings - See Documents
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