aurem care (acqco) limited
aurem care (acqco) limited Company Information
Company Number
08818212
Next Accounts
22 days late
Industry
Residential nursing care activities
Shareholders
ghc bidco limited
Group Structure
View All
Contact
Registered Address
167-169 great portland street, great portland street, london, W1W 5PF
Website
newcenturycare.co.ukaurem care (acqco) limited Estimated Valuation
Pomanda estimates the enterprise value of AUREM CARE (ACQCO) LIMITED at £0 based on a Turnover of £0 and 0.72x industry multiple (adjusted for size and gross margin).
aurem care (acqco) limited Estimated Valuation
Pomanda estimates the enterprise value of AUREM CARE (ACQCO) LIMITED at £0 based on an EBITDA of £-10.5k and a 5.4x industry multiple (adjusted for size and gross margin).
aurem care (acqco) limited Estimated Valuation
Pomanda estimates the enterprise value of AUREM CARE (ACQCO) LIMITED at £4.3m based on Net Assets of £1.6m and 2.75x industry multiple (adjusted for liquidity).
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Aurem Care (acqco) Limited Overview
Aurem Care (acqco) Limited is a live company located in london, W1W 5PF with a Companies House number of 08818212. It operates in the residential nursing care facilities sector, SIC Code 87100. Founded in December 2013, it's largest shareholder is ghc bidco limited with a 100% stake. Aurem Care (acqco) Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.
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Aurem Care (acqco) Limited Health Check
Pomanda's financial health check has awarded Aurem Care (Acqco) Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 4 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
4 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Aurem Care (acqco) Limited
- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (5%)
- - Aurem Care (acqco) Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Aurem Care (acqco) Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Aurem Care (acqco) Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (114)
- Aurem Care (acqco) Limited
- - Industry AVG
Pay Structure
on an average salary of £22.2k, the company has an equivalent pay structure (£22.2k)
- Aurem Care (acqco) Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Aurem Care (acqco) Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Aurem Care (acqco) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Aurem Care (acqco) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Aurem Care (acqco) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
- - Aurem Care (acqco) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.3%, this is a higher level of debt than the average (57.5%)
- - Aurem Care (acqco) Limited
- - Industry AVG
AUREM CARE (ACQCO) LIMITED financials
Aurem Care (Acqco) Limited's latest turnover from March 2023 is 0 and the company has net assets of £1.6 million. According to their latest financial statements, we estimate that Aurem Care (Acqco) Limited has 1 employee and maintains cash reserves of £1.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 14,227,973 | 12,668,145 | 12,749,375 | 16,123,890 | 33,151,266 | 0 | 1,060,052 | 27,123 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 11,614,727 | 10,539,449 | 10,826,229 | 11,522,122 | 25,737,575 | ||||
| Gross Profit | 2,613,246 | 2,128,696 | 1,923,146 | 4,601,768 | 7,413,691 | ||||
| Admin Expenses | 1,017,142 | 1,345,559 | 1,470,601 | -6,134,969 | 6,978,135 | ||||
| Operating Profit | -10,471 | 1,596,104 | 783,137 | 452,545 | 10,736,737 | 435,556 | -759,104 | ||
| Interest Payable | 0 | 355,992 | 361,032 | 213,346 | 360,715 | 1,010,061 | 785,212 | 807,451 | 0 |
| Interest Receivable | 41,250 | 0 | 0 | 688 | 4,953 | 2,357 | 33,000 | 0 | 0 |
| Pre-Tax Profit | -73,437 | 1,240,112 | 544,705 | -7,481,157 | 10,380,975 | -572,148 | -1,511,316 | -3,186,200 | 6,685,228 |
| Tax | 0 | -40,277 | -74,716 | -95,944 | 1,975 | -116,586 | -57,075 | 57,075 | 0 |
| Profit After Tax | -73,437 | 1,199,835 | 469,989 | -7,577,101 | 10,382,950 | -688,734 | -1,568,391 | -3,129,125 | 6,685,228 |
| Dividends Paid | 9,706,557 | 200,000 | 0 | 4,099,476 | 1,859,031 | 0 | 0 | 0 | 0 |
| Retained Profit | -9,779,994 | 999,835 | 469,989 | -11,676,577 | 8,523,919 | -688,734 | -1,568,391 | -3,129,125 | 6,685,228 |
| Employee Costs | 1,649,799 | 2,245,778 | 0 | 0 | 0 | ||||
| Number Of Employees | 460 | 450 | 420 | 460 | 1,300 | 5 | 6 | 7 | |
| EBITDA* | -10,471 | 2,777,733 | 1,602,568 | 1,826,301 | 12,502,860 | 2,304,645 | -759,104 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 19,862,291 | 20,524,539 | 21,138,678 | 21,371,443 | 42,381,189 | 0 | 0 | 0 |
| Intangible Assets | 0 | -10,937,954 | -11,233,852 | -11,383,454 | -11,825,648 | -19,826,993 | 0 | 0 | 0 |
| Investments & Other | 187,684 | 0 | 0 | 0 | 0 | 0 | 627,068 | 627,068 | 663,954 |
| Debtors (Due After 1 year) | 0 | 9,706,558 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 187,684 | 18,630,895 | 9,290,687 | 9,755,224 | 9,545,795 | 22,554,196 | 627,068 | 627,068 | 663,954 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 429,998 | 392,959 | 865,556 | 1,082,151 | 1,504,167 | 0 | 0 | 0 |
| Group Debtors | 6,384,685 | 1 | 8,578,501 | 0 | 177,743 | 0 | 233,879 | 228,720 | 0 |
| Misc Debtors | 0 | 477,519 | 493,284 | 328,540 | 347,226 | 1,177,768 | 2 | 2 | 7,832 |
| Cash | 1,301 | 572,611 | 603,820 | 262,571 | 1,684,155 | 2,092,880 | 580,653 | 3,004,896 | 3,850,481 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 11,511,938 | 11,536,013 | 28,427,105 |
| total current assets | 6,385,986 | 1,480,129 | 10,068,564 | 1,456,667 | 3,291,275 | 4,774,815 | 12,326,472 | 14,769,631 | 32,285,418 |
| total assets | 6,573,670 | 20,111,024 | 19,359,251 | 11,211,891 | 12,837,070 | 27,329,011 | 12,953,540 | 15,396,699 | 32,949,372 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 344,531 | 0 | 704,144 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 11,083,219 | 31,725 | 38,536 | 0 |
| Trade Creditors | 0 | 376,114 | 465,355 | 490,499 | 277,615 | 918,407 | 22,316 | 80,145 | 146,486 |
| Group/Directors Accounts | 5,014,468 | 0 | 0 | 360,267 | 0 | 8,224,873 | 8,561,712 | 6,756,487 | 21,452,651 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 11,139 | 11,060 | 2,217 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 1,374,861 | 1,541,965 | 1,304,601 | 1,952,581 | 4,100,744 | 0 | 0 | 965,130 |
| total current liabilities | 5,014,468 | 1,762,114 | 2,018,380 | 2,157,584 | 2,230,196 | 24,671,774 | 8,615,753 | 7,579,312 | 22,564,267 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 15,720,529 | 17,631,738 | 0 |
| hp & lease commitments | 0 | 9,911,948 | 9,944,020 | 9,923,205 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17,070,331 |
| provisions | 0 | 359,475 | 319,199 | 244,483 | 148,539 | 722,821 | 0 | 0 | 0 |
| total long term liabilities | 0 | 10,271,423 | 10,263,219 | 10,167,688 | 148,539 | 722,821 | 15,720,529 | 17,631,738 | 17,070,331 |
| total liabilities | 5,014,468 | 12,033,537 | 12,281,599 | 12,325,272 | 2,378,735 | 25,394,595 | 24,336,282 | 25,211,050 | 39,634,598 |
| net assets | 1,559,202 | 8,077,487 | 7,077,652 | -1,113,381 | 10,458,335 | 1,934,416 | -11,382,742 | -9,814,351 | -6,685,226 |
| total shareholders funds | 1,559,202 | 8,077,487 | 7,077,652 | -1,113,381 | 10,458,335 | 1,934,416 | -11,382,742 | -9,814,351 | -6,685,226 |
| Mar 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -10,471 | 1,596,104 | 783,137 | 452,545 | 10,736,737 | 435,556 | -759,104 | ||
| Depreciation | 0 | 885,731 | 969,033 | 931,562 | 1,079,584 | 1,869,089 | 0 | 0 | 0 |
| Amortisation | 0 | 295,898 | -149,602 | 442,194 | 686,539 | 0 | 0 | 0 | |
| Tax | 0 | -40,277 | -74,716 | -95,944 | 1,975 | -116,586 | -57,075 | 57,075 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 6,384,685 | 1,149,332 | 8,270,648 | -413,024 | -1,074,815 | 2,448,054 | 5,159 | 220,890 | 7,832 |
| Creditors | 0 | -89,241 | -25,144 | 212,884 | -640,792 | 896,091 | -57,829 | -66,341 | 146,486 |
| Accruals and Deferred Income | 0 | -167,104 | 237,364 | -647,980 | -2,148,163 | 4,100,744 | 0 | -965,130 | 965,130 |
| Deferred Taxes & Provisions | 0 | 40,276 | 74,716 | 95,944 | -574,282 | 722,821 | 0 | 0 | 0 |
| Cash flow from operations | -6,395,156 | 1,372,055 | -6,455,860 | 1,804,229 | 10,216,413 | -879,167 | |||
| Investing Activities | |||||||||
| capital expenditure | 0 | 0 | 0 | 20,651,090 | 4,792,764 | 5,137,568 | |||
| Change in Investments | 187,684 | 0 | 0 | 0 | 0 | -627,068 | 0 | -36,886 | 663,954 |
| cash flow from investments | 0 | 0 | 0 | 20,651,090 | 5,419,832 | 4,473,614 | |||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | -11,083,219 | 11,051,494 | -6,811 | 38,536 | 0 |
| Group/Directors Accounts | 5,014,468 | 0 | -360,267 | 360,267 | -8,224,873 | -336,839 | 1,805,225 | -14,696,164 | 21,452,651 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | -15,720,529 | -1,911,209 | 17,631,738 | 0 |
| Hire Purchase and Lease Commitments | 0 | -31,993 | 29,658 | 9,925,422 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -17,070,331 | 17,070,331 |
| share issue | |||||||||
| interest | 41,250 | -355,992 | -361,032 | -212,658 | -355,762 | -1,007,704 | -752,212 | -807,451 | 0 |
| cash flow from financing | 16,394,914 | -387,985 | 7,029,403 | 10,177,892 | -19,663,854 | 7,992,314 | -865,007 | -14,903,672 | 25,152,528 |
| cash and cash equivalents | |||||||||
| cash | 1,301 | -31,209 | 341,249 | -1,421,584 | -408,725 | 1,512,227 | -2,424,243 | -845,585 | 3,850,481 |
| overdraft | 0 | 0 | 0 | 0 | -344,531 | 344,531 | -704,144 | 704,144 | 0 |
| change in cash | 1,301 | -31,209 | 341,249 | -1,421,584 | -64,194 | 1,167,696 | -1,720,099 | -1,549,729 | 3,850,481 |
aurem care (acqco) limited Credit Report and Business Information
Aurem Care (acqco) Limited Competitor Analysis
Perform a competitor analysis for aurem care (acqco) limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other established companies, companies in W1W area or any other competitors across 12 key performance metrics.
aurem care (acqco) limited Ownership
AUREM CARE (ACQCO) LIMITED group structure
Aurem Care (Acqco) Limited has 15 subsidiary companies.
Ultimate parent company
2 parents
AUREM CARE (ACQCO) LIMITED
08818212
15 subsidiaries
aurem care (acqco) limited directors
Aurem Care (Acqco) Limited currently has 8 directors. The longest serving directors include Mr Alexander Pope (May 2019) and Mr Philip Ridgway Smith (May 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alexander Pope | United Kingdom | 41 years | May 2019 | - | Director |
| Mr Philip Ridgway Smith | England | 56 years | May 2019 | - | Director |
| Mr Ken Hillen | Scotland | 68 years | Jan 2022 | - | Director |
| Mr John Godden | United Kingdom | 59 years | Jan 2022 | - | Director |
| Mr Kenneth Hillen | United Kingdom | 68 years | Jan 2022 | - | Director |
| Mr John Godden | United Kingdom | 59 years | Jan 2022 | - | Director |
| Mrs Elaine Gilvear | United Kingdom | 64 years | Jul 2022 | - | Director |
| Mr Simon Adcock | United Kingdom | 49 years | Feb 2023 | - | Director |
P&L
March 2023turnover
0
0%
operating profit
-10.5k
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.6m
0%
total assets
6.6m
0%
cash
1.3k
0%
net assets
Total assets minus all liabilities
aurem care (acqco) limited company details
company number
08818212
Type
Private limited with Share Capital
industry
87100 - Residential nursing care activities
incorporation date
December 2013
age
12
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
custodes acqco limited (August 2024)
accountant
-
auditor
KEELINGS LIMITED
address
167-169 great portland street, great portland street, london, W1W 5PF
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
aurem care (acqco) 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 aurem care (acqco) limited. Currently there are 3 open charges and 2 have been satisfied in the past.
aurem care (acqco) 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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aurem care (acqco) limited Companies House Filings - See Documents
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