be independent - community equipment and response service c.i.c.
be independent - community equipment and response service c.i.c. Company Information
Company Number
08956564
Next Accounts
Feb 2025
Shareholders
-
Group Structure
View All
Industry
Other human health activities
Registered Address
units 3 & 4 phoenix business par, geralds court, james street, york, north yorkshire, YO10 3DQ
Website
beindependent.org.ukbe independent - community equipment and response service c.i.c. Estimated Valuation
Pomanda estimates the enterprise value of BE INDEPENDENT - COMMUNITY EQUIPMENT AND RESPONSE SERVICE C.I.C. at £1.3m based on a Turnover of £2.6m and 0.48x industry multiple (adjusted for size and gross margin).
be independent - community equipment and response service c.i.c. Estimated Valuation
Pomanda estimates the enterprise value of BE INDEPENDENT - COMMUNITY EQUIPMENT AND RESPONSE SERVICE C.I.C. at £0 based on an EBITDA of £-389k and a 3.57x industry multiple (adjusted for size and gross margin).
be independent - community equipment and response service c.i.c. Estimated Valuation
Pomanda estimates the enterprise value of BE INDEPENDENT - COMMUNITY EQUIPMENT AND RESPONSE SERVICE C.I.C. at £0 based on Net Assets of £-200k and 2.46x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Be Independent - Community Equipment And Response Service C.i.c. Overview
Be Independent - Community Equipment And Response Service C.i.c. is a dissolved company that was located in york, YO10 3DQ with a Companies House number of 08956564. It operated in the other human health activities sector, SIC Code 86900. Founded in March 2014, it's largest shareholder was unknown. The last turnover for Be Independent - Community Equipment And Response Service C.i.c. was estimated at £2.6m.
Upgrade for unlimited company reports & a free credit check
Be Independent - Community Equipment And Response Service C.i.c. Health Check
Pomanda's financial health check has awarded Be Independent - Community Equipment And Response Service C.I.C. a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £2.6m, make it larger than the average company (£587.9k)
£2.6m - Be Independent - Community Equipment And Response Service C.i.c.
£587.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 98%, show it is growing at a faster rate (4.7%)
- Be Independent - Community Equipment And Response Service C.i.c.
4.7% - Industry AVG
Production
with a gross margin of 27.5%, this company has a higher cost of product (35.6%)
27.5% - Be Independent - Community Equipment And Response Service C.i.c.
35.6% - Industry AVG
Profitability
an operating margin of -15.7% make it less profitable than the average company (6.2%)
-15.7% - Be Independent - Community Equipment And Response Service C.i.c.
6.2% - Industry AVG
Employees
with 60 employees, this is above the industry average (20)
60 - Be Independent - Community Equipment And Response Service C.i.c.
20 - Industry AVG
Pay Structure
on an average salary of £21.7k, the company has an equivalent pay structure (£21.7k)
- Be Independent - Community Equipment And Response Service C.i.c.
£21.7k - Industry AVG
Efficiency
resulting in sales per employee of £43.5k, this is equally as efficient (£40.9k)
£43.5k - Be Independent - Community Equipment And Response Service C.i.c.
£40.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Be Independent - Community Equipment And Response Service C.i.c.
- - Industry AVG
Creditor Days
its suppliers are paid after 86 days, this is slower than average (18 days)
86 days - Be Independent - Community Equipment And Response Service C.i.c.
18 days - Industry AVG
Stock Days
it holds stock equivalent to 28 days, this is more than average (18 days)
28 days - Be Independent - Community Equipment And Response Service C.i.c.
18 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (104 weeks)
1 weeks - Be Independent - Community Equipment And Response Service C.i.c.
104 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 150.3%, this is a higher level of debt than the average (25.8%)
150.3% - Be Independent - Community Equipment And Response Service C.i.c.
25.8% - Industry AVG
BE INDEPENDENT - COMMUNITY EQUIPMENT AND RESPONSE SERVICE C.I.C. financials
Be Independent - Community Equipment And Response Service C.I.C.'s latest turnover from July 2018 is £2.6 million and the company has net assets of -£200 thousand. According to their latest financial statements, Be Independent - Community Equipment And Response Service C.I.C. has 60 employees and maintains cash reserves of £16 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|
| Turnover | 2,612,000 | 2,342,000 | 2,378,279 | |
| Other Income Or Grants | 0 | 0 | 0 | |
| Cost Of Sales | 1,895,000 | 1,533,000 | 1,519,625 | |
| Gross Profit | 717,000 | 809,000 | 858,654 | |
| Admin Expenses | 1,128,000 | 836,000 | 841,791 | |
| Operating Profit | -411,000 | -27,000 | 16,863 | |
| Interest Payable | 0 | 0 | 885 | |
| Interest Receivable | 1,000 | 1,000 | 1,630 | |
| Pre-Tax Profit | -410,000 | -26,000 | 17,608 | |
| Tax | 0 | 3,000 | -1,386 | |
| Profit After Tax | -410,000 | -23,000 | 16,222 | |
| Dividends Paid | 0 | 0 | 0 | |
| Retained Profit | -410,000 | -23,000 | 16,222 | |
| Employee Costs | ||||
| Number Of Employees | 60 | 58 | 59 | |
| EBITDA* | -389,000 | -6,000 | 35,383 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|
| Tangible Assets | 157,000 | 178,000 | 193,749 | 69,922 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 157,000 | 178,000 | 193,749 | 69,922 |
| Stock & work in progress | 149,000 | 130,000 | 90,711 | 0 |
| Trade Debtors | 0 | 150,000 | 104,142 | 15,720 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 76,000 | 53,000 | 114,852 | 0 |
| Cash | 16,000 | 66,000 | 338,426 | 30,014 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 241,000 | 399,000 | 648,131 | 45,734 |
| total assets | 398,000 | 577,000 | 841,880 | 115,656 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 447,000 | 198,000 | 298,952 | 31,219 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 150,000 | 167,000 | 303,034 | 0 |
| total current liabilities | 597,000 | 365,000 | 601,986 | 31,219 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 2,166 | 0 |
| provisions | 1,000 | 1,000 | 4,453 | 13,984 |
| total long term liabilities | 1,000 | 1,000 | 6,619 | 13,984 |
| total liabilities | 598,000 | 366,000 | 608,605 | 45,203 |
| net assets | -200,000 | 211,000 | 233,275 | 70,453 |
| total shareholders funds | -200,000 | 211,000 | 233,275 | 70,453 |
| Jul 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | -411,000 | -27,000 | 16,863 | |
| Depreciation | 22,000 | 21,000 | 18,520 | 8,838 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | 0 | 3,000 | -1,386 | |
| Stock | 19,000 | 39,289 | 90,711 | 0 |
| Debtors | -127,000 | -15,994 | 203,274 | 15,720 |
| Creditors | 249,000 | -100,952 | 267,733 | 31,219 |
| Accruals and Deferred Income | -17,000 | -136,034 | 303,034 | 0 |
| Deferred Taxes & Provisions | 0 | -3,453 | -9,531 | 13,984 |
| Cash flow from operations | -49,000 | -266,734 | 301,248 | |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -2,166 | 2,166 | 0 |
| share issue | ||||
| interest | 1,000 | 1,000 | 745 | |
| cash flow from financing | 0 | -441 | 149,511 | |
| cash and cash equivalents | ||||
| cash | -50,000 | -272,426 | 308,412 | 30,014 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -50,000 | -272,426 | 308,412 | 30,014 |
be independent - community equipment and response service c.i.c. Credit Report and Business Information
Be Independent - Community Equipment And Response Service C.i.c. Competitor Analysis
Perform a competitor analysis for be independent - community equipment and response service c.i.c. by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other undefined companies, companies in YO10 area or any other competitors across 12 key performance metrics.
be independent - community equipment and response service c.i.c. Ownership
BE INDEPENDENT - COMMUNITY EQUIPMENT AND RESPONSE SERVICE C.I.C. group structure
Be Independent - Community Equipment And Response Service C.I.C. has no subsidiary companies.
Ultimate parent company
BE INDEPENDENT - COMMUNITY EQUIPMENT AND RESPONSE SERVICE C.I.C.
08956564
be independent - community equipment and response service c.i.c. directors
Be Independent - Community Equipment And Response Service C.I.C. currently has 4 directors. The longest serving directors include Mrs Michelle Hilton (Mar 2014) and Miss Heather Barden (Mar 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Michelle Hilton | England | 59 years | Mar 2014 | - | Director |
| Miss Heather Barden | England | 60 years | Mar 2014 | - | Director |
| Mr Clive Leach | 90 years | Feb 2015 | - | Director | |
| Mr Iain Fell | 60 years | Apr 2017 | - | Director |
P&L
July 2018turnover
2.6m
+12%
operating profit
-411k
+1422%
gross margin
27.5%
-20.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2018net assets
-200k
-1.95%
total assets
398k
-0.31%
cash
16k
-0.76%
net assets
Total assets minus all liabilities
Similar Companies
be independent - community equipment and response service c.i.c. company details
company number
08956564
Type
Private Ltd By Guarantee w/o Share Cap
industry
86900 - Other human health activities
incorporation date
March 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2018
previous names
be independent - community equipment response service limited (April 2014)
accountant
STEVE TAIT
auditor
-
address
units 3 & 4 phoenix business par, geralds court, james street, york, north yorkshire, YO10 3DQ
Bank
-
Legal Advisor
-
be independent - community equipment and response service c.i.c. 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 be independent - community equipment and response service c.i.c..
be independent - community equipment and response service c.i.c. 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.
Click to start generating capital raising & share issue transactions for BE INDEPENDENT - COMMUNITY EQUIPMENT AND RESPONSE SERVICE C.I.C.. This can take several minutes, an email will notify you when this has completed.
be independent - community equipment and response service c.i.c. Companies House Filings - See Documents
| date | description | view/download |
|---|
