herts & essex independence at home ltd
herts & essex independence at home ltd Company Information
Company Number
08944173
Website
www.heindependence.co.ukRegistered Address
20 elin way, meldreth, royston, SG8 6LX
Industry
Residential nursing care activities
Telephone
-
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
michele fuller 50%
john murphy 50%
herts & essex independence at home ltd Estimated Valuation
Pomanda estimates the enterprise value of HERTS & ESSEX INDEPENDENCE AT HOME LTD at £651.9k based on a Turnover of £783.4k and 0.83x industry multiple (adjusted for size and gross margin).
herts & essex independence at home ltd Estimated Valuation
Pomanda estimates the enterprise value of HERTS & ESSEX INDEPENDENCE AT HOME LTD at £94.4k based on an EBITDA of £18.1k and a 5.22x industry multiple (adjusted for size and gross margin).
herts & essex independence at home ltd Estimated Valuation
Pomanda estimates the enterprise value of HERTS & ESSEX INDEPENDENCE AT HOME LTD at £58.5k based on Net Assets of £21.5k and 2.73x industry multiple (adjusted for liquidity).
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Herts & Essex Independence At Home Ltd Overview
Herts & Essex Independence At Home Ltd is a live company located in royston, SG8 6LX with a Companies House number of 08944173. It operates in the residential nursing care facilities sector, SIC Code 87100. Founded in March 2014, it's largest shareholder is michele fuller with a 50% stake. Herts & Essex Independence At Home Ltd is a established, small sized company, Pomanda has estimated its turnover at £783.4k with high growth in recent years.
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Herts & Essex Independence At Home Ltd Health Check
Pomanda's financial health check has awarded Herts & Essex Independence At Home Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £783.4k, make it smaller than the average company (£4.9m)
- Herts & Essex Independence At Home Ltd
£4.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (6.9%)
- Herts & Essex Independence At Home Ltd
6.9% - Industry AVG
Production
with a gross margin of 36.1%, this company has a comparable cost of product (36.1%)
- Herts & Essex Independence At Home Ltd
36.1% - Industry AVG
Profitability
an operating margin of -2.7% make it less profitable than the average company (13.9%)
- Herts & Essex Independence At Home Ltd
13.9% - Industry AVG
Employees
with 24 employees, this is below the industry average (116)
24 - Herts & Essex Independence At Home Ltd
116 - Industry AVG
Pay Structure
on an average salary of £23.2k, the company has an equivalent pay structure (£23.2k)
- Herts & Essex Independence At Home Ltd
£23.2k - Industry AVG
Efficiency
resulting in sales per employee of £32.6k, this is less efficient (£41.7k)
- Herts & Essex Independence At Home Ltd
£41.7k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (18 days)
- Herts & Essex Independence At Home Ltd
18 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Herts & Essex Independence At Home Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Herts & Essex Independence At Home Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 28 weeks, this is more cash available to meet short term requirements (10 weeks)
28 weeks - Herts & Essex Independence At Home Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.7%, this is a higher level of debt than the average (55%)
83.7% - Herts & Essex Independence At Home Ltd
55% - Industry AVG
HERTS & ESSEX INDEPENDENCE AT HOME LTD financials
Herts & Essex Independence At Home Ltd's latest turnover from March 2024 is estimated at £783.4 thousand and the company has net assets of £21.5 thousand. According to their latest financial statements, Herts & Essex Independence At Home Ltd has 24 employees and maintains cash reserves of £27.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 24 | 24 | 21 | 21 | 30 | 30 | 46 | 41 | 26 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 78,158 | 25,925 | 35,816 | 40,233 | 6,898 | 4,823 | 3,678 | 1,485 | 1,112 | 383 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 78,158 | 25,925 | 35,816 | 40,233 | 6,898 | 4,823 | 3,678 | 1,485 | 1,112 | 383 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 23,086 | 31,668 | 9,020 | 9,065 | 9,304 | 25,104 | 20,710 | 21,508 | 5,809 | 200 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,847 | 3,824 | 2,775 | 2,517 | 1,676 | 1,649 | 1,972 | 2,043 | 5,231 | 0 |
| Cash | 27,193 | 29,238 | 51,456 | 68,187 | 52,230 | 30,385 | 15,937 | 11,910 | 7,145 | 3,060 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 53,126 | 64,730 | 63,251 | 79,769 | 63,210 | 57,138 | 38,619 | 35,461 | 18,185 | 3,260 |
| total assets | 131,284 | 90,655 | 99,067 | 120,002 | 70,108 | 61,961 | 42,297 | 36,946 | 19,297 | 3,643 |
| 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 | 0 | 0 | 43 | 12,264 | 394 | 568 | 497 | 1,242 | 1,138 | 3,470 |
| Group/Directors Accounts | 253 | 0 | 0 | 0 | 1,154 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 15,172 | 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 | 33,581 | 45,588 | 40,019 | 43,039 | 33,698 | 30,765 | 25,335 | 26,405 | 17,983 | 0 |
| total current liabilities | 49,006 | 45,588 | 40,062 | 55,303 | 35,246 | 31,333 | 25,832 | 27,647 | 19,121 | 3,470 |
| loans | 60,826 | 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 | 60,826 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 109,832 | 45,588 | 40,062 | 55,303 | 35,246 | 31,333 | 25,832 | 27,647 | 19,121 | 3,470 |
| net assets | 21,452 | 45,067 | 59,005 | 64,699 | 34,862 | 30,628 | 16,465 | 9,299 | 176 | 173 |
| total shareholders funds | 21,452 | 45,067 | 59,005 | 64,699 | 34,862 | 30,628 | 16,465 | 9,299 | 176 | 173 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 38,936 | 17,035 | 15,900 | 6,245 | 2,560 | 2,472 | 1,567 | 627 | 302 | 96 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -9,559 | 23,697 | 213 | 602 | -15,773 | 4,071 | -869 | 12,511 | 10,840 | 200 |
| Creditors | 0 | -43 | -12,221 | 11,870 | -174 | 71 | -745 | 104 | -2,332 | 3,470 |
| Accruals and Deferred Income | -12,007 | 5,569 | -3,020 | 9,341 | 2,933 | 5,430 | -1,070 | 8,422 | 17,983 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 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 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 253 | 0 | 0 | -1,154 | 1,154 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 15,172 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 60,826 | 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 | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -2,045 | -22,218 | -16,731 | 15,957 | 21,845 | 14,448 | 4,027 | 4,765 | 4,085 | 3,060 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,045 | -22,218 | -16,731 | 15,957 | 21,845 | 14,448 | 4,027 | 4,765 | 4,085 | 3,060 |
herts & essex independence at home ltd Credit Report and Business Information
Herts & Essex Independence At Home Ltd Competitor Analysis
Perform a competitor analysis for herts & essex independence at home ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in SG8 area or any other competitors across 12 key performance metrics.
herts & essex independence at home ltd Ownership
HERTS & ESSEX INDEPENDENCE AT HOME LTD group structure
Herts & Essex Independence At Home Ltd has no subsidiary companies.
Ultimate parent company
HERTS & ESSEX INDEPENDENCE AT HOME LTD
08944173
herts & essex independence at home ltd directors
Herts & Essex Independence At Home Ltd currently has 2 directors. The longest serving directors include Mr John Murphy (Mar 2014) and Ms Michele Fuller (Mar 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Murphy | United Kingdom | 48 years | Mar 2014 | - | Director |
| Ms Michele Fuller | United Kingdom | 66 years | Mar 2014 | - | Director |
P&L
March 2024turnover
783.4k
-3%
operating profit
-20.8k
0%
gross margin
36.1%
+1.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
21.5k
-0.52%
total assets
131.3k
+0.45%
cash
27.2k
-0.07%
net assets
Total assets minus all liabilities
Similar Companies
herts & essex independence at home ltd company details
company number
08944173
Type
Private limited with Share Capital
industry
87100 - Residential nursing care activities
incorporation date
March 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
COMPTON HARDWICK LTD
auditor
-
address
20 elin way, meldreth, royston, SG8 6LX
Bank
-
Legal Advisor
-
herts & essex independence at home 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 did not find charges/mortgages relating to herts & essex independence at home ltd.
herts & essex independence at home ltd Companies House Filings - See Documents
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