Pomanda estimates the enterprise value of THE SOLACE COMMUNITY at £806k based on a Turnover of £1.2m and 0.66x industry multiple (adjusted for size and gross margin).
the solace communityEstimated Valuation
£229.5k
Pomanda estimates the enterprise value of THE SOLACE COMMUNITY at £229.5k based on an EBITDA of £45k and a 5.1x industry multiple (adjusted for size and gross margin).
the solace communityEstimated Valuation
£19.6k
Pomanda estimates the enterprise value of THE SOLACE COMMUNITY at £19.6k based on Net Assets of £5.7k and 3.41x industry multiple (adjusted for liquidity).
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The Solace CommunityOverview
The Solace Community is a live company located in halesowen, B62 8DY with a Companies House number of 09033325. It operates in the residential care activities for mental difficulties, mental health and substance abuse sector, SIC Code 87200. Founded in May 2014, it's largest shareholder is
unknown.
The Solace Community is a established,
small sized company, Pomanda has estimated its turnover at
£1.2m with
low
growth in recent years.
Pomanda's financial health check has awarded The Solace Community a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
1 Strong
4 Regular
5 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£3.8m)
£1.2m - The Solace Community
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (7%)
0% - The Solace Community
7% - Industry AVG
Production
with a gross margin of 32.1%, this company has a comparable cost of product (32.1%)
32.1% - The Solace Community
32.1% - Industry AVG
Profitability
an operating margin of 2.9% make it less profitable than the average company (6%)
2.9% - The Solace Community
6% - Industry AVG
Employees
with 27 employees, this is below the industry average (92)
27 - The Solace Community
92 - Industry AVG
Pay Structure
on an average salary of £25.5k, the company has an equivalent pay structure (£25.5k)
£25.5k - The Solace Community
£25.5k - Industry AVG
Efficiency
resulting in sales per employee of £45.1k, this is equally as efficient (£39.9k)
£45.1k - The Solace Community
£39.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - The Solace Community
- - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is slower than average (8 days)
26 days - The Solace Community
8 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Solace Community
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 48 weeks, this is average cash available to meet short term requirements (55 weeks)
48 weeks - The Solace Community
55 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.8%, this is a higher level of debt than the average (35.6%)
95.8% - The Solace Community
35.6% - Industry AVG
THE SOLACE COMMUNITY financials
EXPORT
The Solace Community's latest turnover from March 2024 is estimated at £1.2 million and the company has net assets of £5.7 thousand. According to their latest financial statements, The Solace Community has 27 employees and maintains cash reserves of £95.3 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
1,216,777
1,168,534
1,399,846
1,213,379
847,080
763,787
620,570
609,183
1,310,725
1,680,451
Other Income Or Grants
Cost Of Sales
826,638
776,847
924,260
785,432
567,664
503,308
392,273
371,662
759,060
980,374
Gross Profit
390,139
391,687
475,586
427,947
279,416
260,479
228,297
237,521
551,665
700,076
Admin Expenses
355,377
353,898
479,517
395,261
285,442
277,948
208,133
194,923
604,744
737,215
Operating Profit
34,762
37,789
-3,931
32,686
-6,026
-17,469
20,164
42,598
-53,079
-37,139
Interest Payable
4,219
5,483
2,629
615
985
834
Interest Receivable
2,594
80
1
24
73
46
136
101
Pre-Tax Profit
33,137
32,385
-6,558
32,072
-7,011
-18,279
20,237
42,644
-52,943
-37,038
Tax
-8,284
-6,153
-6,094
-3,845
-8,529
Profit After Tax
24,853
26,232
-6,558
25,978
-7,011
-18,279
16,392
34,115
-52,943
-37,038
Dividends Paid
Retained Profit
24,853
26,232
-6,558
25,978
-7,011
-18,279
16,392
34,115
-52,943
-37,038
Employee Costs
689,728
548,456
469,733
491,422
447,222
448,760
374,564
350,118
843,236
1,089,070
Number Of Employees
27
23
21
23
22
23
20
19
45
59
EBITDA*
45,025
46,477
6,891
47,435
9,056
998
35,533
64,453
-33,269
-30,497
* 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
40,714
24,843
27,325
33,066
39,513
44,248
51,417
43,479
56,192
27,765
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
40,714
24,843
27,325
33,066
39,513
44,248
51,417
43,479
56,192
27,765
Stock & work in progress
Trade Debtors
93,420
122,429
75,511
26,214
Group Debtors
Misc Debtors
2,631
Cash
95,270
3,547
196
196
196
196
6,329
22,820
13,901
40,495
misc current assets
total current assets
95,270
96,967
122,625
78,338
196
26,410
6,329
22,820
13,901
40,495
total assets
135,984
121,810
149,950
111,404
39,709
70,658
57,746
66,299
70,093
68,260
Bank overdraft
25,319
12,567
7,588
24,717
Bank loan
10,000
10,000
Trade Creditors
60,244
56,187
81,119
94,070
52,410
52,789
36,068
37,648
61,615
105,298
Group/Directors Accounts
16,000
21,102
38,136
33,229
35,588
41,139
52,600
71,985
89,928
other short term finances
hp & lease commitments
other current liabilities
16,604
21,966
10,720
10,324
8,887
9,766
8,552
12,532
8,531
total current liabilities
102,848
109,255
155,294
150,190
104,473
128,411
97,220
122,165
160,074
105,298
loans
23,333
31,667
40,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
4,062
total long term liabilities
27,395
31,667
40,000
total liabilities
130,243
140,922
195,294
150,190
104,473
128,411
97,220
122,165
160,074
105,298
net assets
5,741
-19,112
-45,344
-38,786
-64,764
-57,753
-39,474
-55,866
-89,981
-37,038
total shareholders funds
5,741
-19,112
-45,344
-38,786
-64,764
-57,753
-39,474
-55,866
-89,981
-37,038
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Operating Activities
Operating Profit
34,762
37,789
-3,931
32,686
-6,026
-17,469
20,164
42,598
-53,079
-37,139
Depreciation
10,263
8,688
10,822
14,749
15,082
18,467
15,369
21,855
19,810
6,642
Amortisation
Tax
-8,284
-6,153
-6,094
-3,845
-8,529
Stock
Debtors
-93,420
-29,009
44,287
78,142
-26,214
26,214
Creditors
4,057
-24,932
-12,951
41,660
-379
16,721
-1,580
-23,967
-43,683
105,298
Accruals and Deferred Income
-5,362
11,246
396
1,437
-879
1,214
-3,980
4,001
8,531
Deferred Taxes & Provisions
4,062
Cash flow from operations
132,918
55,647
-49,951
6,296
34,012
-7,281
26,128
35,958
-68,421
74,801
Investing Activities
capital expenditure
-26,134
-6,206
-5,081
-8,302
-10,347
-11,298
-23,307
-9,142
-48,237
-34,407
Change in Investments
cash flow from investments
-26,134
-6,206
-5,081
-8,302
-10,347
-11,298
-23,307
-9,142
-48,237
-34,407
Financing Activities
Bank loans
10,000
Group/Directors Accounts
-5,102
-17,034
4,907
-2,359
-5,551
-11,461
-19,385
-17,943
89,928
Other Short Term Loans
Long term loans
-8,334
-8,333
40,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
-1,625
-5,403
-2,628
-615
-985
-810
73
46
136
101
cash flow from financing
-15,061
-20,770
42,279
-2,974
-6,536
-12,271
-19,312
-17,897
90,064
101
cash and cash equivalents
cash
91,723
3,351
-6,133
-16,491
8,919
-26,594
40,495
overdraft
-25,319
12,752
4,979
-17,129
24,717
change in cash
91,723
28,670
-12,752
-4,979
17,129
-30,850
-16,491
8,919
-26,594
40,495
the solace community Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for the solace community. Get real-time insights into the solace community's credit score, group structure and payment trends.
Perform a competitor analysis for the solace community by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in B62 area or any other competitors across 12 key performance metrics.
the solace community Ownership
THE SOLACE COMMUNITY group structure
The Solace Community has no subsidiary companies.
Ultimate parent company
THE SOLACE COMMUNITY
09033325
THE SOLACE COMMUNITY Shareholders
The sole shareholder of The Solace Community is -.
-
-
the solace community directors
The Solace Community currently has 4 directors.
The longest serving directors include
Mrs Susan Bowdler (May 2014) and
Mr Thomas Harvey Beswick (Nov 2014).
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
87200 - Residential care activities for learning disabilities, mental health and substance abuse
incorporation date
May 2014
age
11
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
JERROMS GCN LIMITED
auditor
-
address
west point, second floor, mucklow office park, halesowen, west midlands, B62 8DY
Bank
-
Legal Advisor
-
the solace community 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 the solace community.
the solace community 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 THE SOLACE COMMUNITY. This can take several minutes, an email will notify you when this has completed.
the solace communityCompanies House Filings - See Documents
