optima care holdings limited
optima care holdings limited Company Information
Company Number
09060429
Next Accounts
Feb 2026
Shareholders
edward mark coombes
haley coombes
View AllGroup Structure
View All
Industry
Other residential care activities
Registered Address
new derwent house, 69-73 theobalds road, london, WC1X 8TA
Website
www.optimacare.co.ukoptima care holdings limited Estimated Valuation
Pomanda estimates the enterprise value of OPTIMA CARE HOLDINGS LIMITED at £3.1m based on a Turnover of £6m and 0.52x industry multiple (adjusted for size and gross margin).
optima care holdings limited Estimated Valuation
Pomanda estimates the enterprise value of OPTIMA CARE HOLDINGS LIMITED at £704.1k based on an EBITDA of £160.9k and a 4.38x industry multiple (adjusted for size and gross margin).
optima care holdings limited Estimated Valuation
Pomanda estimates the enterprise value of OPTIMA CARE HOLDINGS LIMITED at £0 based on Net Assets of £-1.8m and 2.66x industry multiple (adjusted for liquidity).
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Optima Care Holdings Limited Overview
Optima Care Holdings Limited is a live company located in london, WC1X 8TA with a Companies House number of 09060429. It operates in the other residential care activities n.e.c. sector, SIC Code 87900. Founded in May 2014, it's largest shareholder is edward mark coombes with a 51% stake. Optima Care Holdings Limited is a established, mid sized company, Pomanda has estimated its turnover at £6m with declining growth in recent years.
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Optima Care Holdings Limited Health Check
Pomanda's financial health check has awarded Optima Care Holdings Limited a 2.5 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
3 Regular
5 Weak
Size
annual sales of £6m, make it larger than the average company (£2.3m)
£6m - Optima Care Holdings Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (5.7%)
-10% - Optima Care Holdings Limited
5.7% - Industry AVG
Production
with a gross margin of 19.5%, this company has a higher cost of product (37.6%)
19.5% - Optima Care Holdings Limited
37.6% - Industry AVG
Profitability
an operating margin of -8.4% make it less profitable than the average company (7.9%)
-8.4% - Optima Care Holdings Limited
7.9% - Industry AVG
Employees
with 124 employees, this is above the industry average (53)
124 - Optima Care Holdings Limited
53 - Industry AVG
Pay Structure
on an average salary of £27.2k, the company has an equivalent pay structure (£27.9k)
£27.2k - Optima Care Holdings Limited
£27.9k - Industry AVG
Efficiency
resulting in sales per employee of £48.2k, this is equally as efficient (£49.7k)
£48.2k - Optima Care Holdings Limited
£49.7k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is near the average (21 days)
17 days - Optima Care Holdings Limited
21 days - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is slower than average (9 days)
32 days - Optima Care Holdings Limited
9 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Optima Care Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (67 weeks)
12 weeks - Optima Care Holdings Limited
67 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 122%, this is a higher level of debt than the average (31.5%)
122% - Optima Care Holdings Limited
31.5% - Industry AVG
OPTIMA CARE HOLDINGS LIMITED financials
Optima Care Holdings Limited's latest turnover from May 2024 is £6 million and the company has net assets of -£1.8 million. According to their latest financial statements, Optima Care Holdings Limited has 124 employees and maintains cash reserves of £380.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,972,023 | 4,829,669 | 4,712,996 | 8,233,644 | 8,504,467 | 7,861,413 | 6,979,272 | 7,185,005 | 6,937,878 | 7,329,913 |
| Other Income Or Grants | ||||||||||
| Cost Of Sales | 4,807,620 | 3,824,641 | 3,789,916 | 6,247,329 | 6,083,303 | 5,405,183 | 4,961,410 | 5,063,136 | 4,882,226 | 5,002,153 |
| Gross Profit | 1,164,403 | 1,005,028 | 923,080 | 1,986,315 | 2,421,164 | 2,456,230 | 2,017,862 | 2,121,869 | 2,055,652 | 2,327,760 |
| Admin Expenses | 1,667,118 | 1,825,747 | 2,081,867 | 1,940,400 | 2,258,539 | 2,239,720 | 2,006,088 | 2,361,825 | 2,046,795 | 2,021,916 |
| Operating Profit | -502,715 | -820,719 | -1,158,787 | 45,915 | 162,625 | 216,510 | 11,774 | -239,956 | 8,857 | 305,844 |
| Interest Payable | 709,671 | 476,130 | 312,185 | 211,053 | 322,461 | 309,866 | 282,197 | 247,673 | 397,268 | 403,772 |
| Interest Receivable | 2,291 | 2,674 | 286 | 851 | 286 | 714 | 212 | 85 | 699 | 171 |
| Pre-Tax Profit | -1,210,095 | -1,294,175 | -1,470,686 | -164,287 | -159,550 | -92,642 | -270,211 | -487,544 | -387,712 | -97,757 |
| Tax | 3,509 | -17,726 | 152,264 | -132,251 | -12,145 | -56,790 | -19,000 | 37,500 | 29,320 | 13,018 |
| Profit After Tax | -1,206,586 | -1,311,901 | -1,318,422 | -296,538 | -171,695 | -149,432 | -289,211 | -450,044 | -358,392 | -84,739 |
| Dividends Paid | ||||||||||
| Retained Profit | -1,206,586 | -1,311,901 | -1,318,422 | -296,538 | -171,695 | -149,432 | -289,211 | -450,044 | -358,392 | 57,602 |
| Employee Costs | 3,368,024 | 2,866,226 | 3,022,338 | 4,128,593 | 4,558,662 | 4,086,713 | 4,176,453 | 4,109,312 | 4,008,138 | 4,073,800 |
| Number Of Employees | 124 | 116 | 136 | 207 | 105 | 236 | 223 | 220 | 216 | 227 |
| EBITDA* | 160,890 | -60,700 | -387,005 | 830,326 | 990,507 | 1,104,553 | 913,606 | 648,066 | 828,762 | 1,048,087 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,400,191 | 7,778,603 | 7,987,875 | 8,247,777 | 8,453,198 | 8,716,152 | 8,929,204 | 9,231,027 | 9,493,087 | 9,395,387 |
| Intangible Assets | 372,034 | 818,374 | 1,264,714 | 1,782,922 | 2,157,394 | 2,603,734 | 3,050,074 | 3,496,421 | 3,942,773 | |
| Investments & Other | 1 | 1 | 1 | 1 | 101 | 101 | 101 | 1 | 1 | 1 |
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 7,400,192 | 8,150,638 | 8,806,250 | 9,512,492 | 10,236,221 | 10,873,647 | 11,533,039 | 12,281,102 | 12,989,509 | 13,338,161 |
| Stock & work in progress | ||||||||||
| Trade Debtors | 291,573 | 304,152 | 553,709 | 883,029 | 764,871 | 888,080 | 243,967 | 545,673 | 751,467 | 588,581 |
| Group Debtors | 306,806 | 377,345 | ||||||||
| Misc Debtors | 240,765 | 616,284 | 598,998 | 502,328 | 447,468 | 430,807 | 365,355 | 407,383 | 396,080 | 381,914 |
| Cash | 380,109 | 703,731 | 914,523 | 1,459,345 | 1,671,600 | 682,516 | 665,351 | 370,340 | 233,940 | 453,537 |
| misc current assets | 1 | |||||||||
| total current assets | 912,447 | 1,624,167 | 2,067,230 | 2,844,702 | 3,190,745 | 2,378,749 | 1,274,673 | 1,323,396 | 1,381,487 | 1,424,032 |
| total assets | 8,312,639 | 9,774,805 | 10,873,480 | 12,357,194 | 13,426,966 | 13,252,396 | 12,807,712 | 13,604,498 | 14,370,996 | 14,762,193 |
| Bank overdraft | 600,000 | |||||||||
| Bank loan | 50,000 | 1,149,760 | 1,149,760 | 1,149,760 | 574,880 | 9,330,096 | 9,294,689 | 300,000 | ||
| Trade Creditors | 431,448 | 403,771 | 474,157 | 525,146 | 529,491 | 279,239 | 206,614 | 282,433 | 280,246 | 185,702 |
| Group/Directors Accounts | ||||||||||
| other short term finances | ||||||||||
| hp & lease commitments | 1,084 | 3,251 | 3,251 | |||||||
| other current liabilities | 1,072,778 | 1,077,885 | 812,000 | 974,656 | 1,065,452 | 774,648 | 647,351 | 1,113,530 | 1,278,919 | 1,124,166 |
| total current liabilities | 1,554,226 | 1,481,656 | 2,435,917 | 2,649,562 | 2,744,703 | 1,628,767 | 10,184,061 | 10,691,736 | 1,862,416 | 1,913,119 |
| loans | 8,558,606 | 8,883,247 | 7,733,486 | 7,673,335 | 8,345,387 | 9,125,120 | 9,144,690 | 9,109,041 | ||
| hp & lease commitments | 1,084 | 4,335 | ||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | ||||||||||
| provisions | 30,830 | 34,339 | 16,613 | 28,411 | 34,352 | 24,290 | 14,500 | |||
| total long term liabilities | 8,589,436 | 8,917,586 | 7,750,099 | 7,701,746 | 8,379,739 | 9,149,410 | 9,145,774 | 9,127,876 | ||
| total liabilities | 10,143,662 | 10,399,242 | 10,186,016 | 10,351,308 | 11,124,442 | 10,778,177 | 10,184,061 | 10,691,736 | 11,008,190 | 11,040,995 |
| net assets | -1,831,023 | -624,437 | 687,464 | 2,005,886 | 2,302,524 | 2,474,219 | 2,623,651 | 2,912,762 | 3,362,806 | 3,721,198 |
| total shareholders funds | -1,831,023 | -624,437 | 687,464 | 2,005,886 | 2,302,524 | 2,474,219 | 2,623,651 | 2,912,762 | 3,362,806 | 3,721,198 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -502,715 | -820,719 | -1,158,787 | 45,915 | 162,625 | 216,510 | 11,774 | -239,956 | 8,857 | 305,844 |
| Depreciation | 291,571 | 313,679 | 325,442 | 338,071 | 381,542 | 441,703 | 455,492 | 441,675 | 373,553 | 295,892 |
| Amortisation | 372,034 | 446,340 | 446,340 | 446,340 | 446,340 | 446,340 | 446,340 | 446,347 | 446,352 | 446,351 |
| Tax | 3,509 | -17,726 | 152,264 | -132,251 | -12,145 | -56,790 | -19,000 | 37,500 | 29,320 | 13,018 |
| Stock | ||||||||||
| Debtors | -388,098 | -232,271 | -232,650 | -133,788 | -177,087 | 1,086,910 | -343,734 | -194,491 | 177,052 | 970,495 |
| Creditors | 27,677 | -70,386 | -50,989 | -4,345 | 250,252 | 72,625 | -75,819 | 2,187 | 94,544 | 185,702 |
| Accruals and Deferred Income | -5,107 | 265,885 | -162,656 | -90,796 | 290,804 | 127,297 | -466,179 | -165,389 | 154,753 | 1,124,166 |
| Deferred Taxes & Provisions | -3,509 | 17,726 | -11,798 | -5,941 | 10,062 | 24,290 | -14,500 | 14,500 | ||
| Cash flow from operations | 571,558 | 367,070 | -227,534 | 730,781 | 1,706,567 | 185,065 | 696,342 | 716,855 | 915,827 | 1,414,978 |
| Investing Activities | ||||||||||
| capital expenditure | -158,697 | -179,415 | -461,161 | -277,258 | ||||||
| Change in Investments | -100 | 100 | 1 | |||||||
| cash flow from investments | 100 | -158,797 | -179,415 | -461,161 | -277,259 | |||||
| Financing Activities | ||||||||||
| Bank loans | 50,000 | -1,149,760 | 574,880 | -8,755,216 | 35,407 | 8,994,689 | 300,000 | |||
| Group/Directors Accounts | ||||||||||
| Other Short Term Loans | ||||||||||
| Long term loans | -324,641 | 1,149,761 | 60,151 | -672,052 | -779,733 | 9,125,120 | -9,144,690 | 35,649 | 9,109,041 | |
| Hire Purchase and Lease Commitments | -1,084 | -3,251 | -3,251 | 7,586 | ||||||
| other long term liabilities | ||||||||||
| share issue | ||||||||||
| interest | -707,380 | -473,456 | -311,899 | -210,202 | -322,175 | -309,152 | -281,985 | -247,588 | -396,569 | -403,601 |
| cash flow from financing | -982,021 | -473,455 | -251,748 | -882,354 | -527,028 | 60,752 | -247,562 | -400,840 | -64,171 | 12,376,622 |
| cash and cash equivalents | ||||||||||
| cash | -323,622 | -210,792 | -544,822 | -212,255 | 989,084 | 17,165 | 295,011 | 136,400 | -219,597 | 453,537 |
| overdraft | -600,000 | 600,000 | ||||||||
| change in cash | -323,622 | -210,792 | -544,822 | -212,255 | 989,084 | 17,165 | 295,011 | 136,400 | 380,403 | -146,463 |
optima care holdings limited Credit Report and Business Information
Optima Care Holdings Limited Competitor Analysis
Perform a competitor analysis for optima care holdings limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other mid companies, companies in WC1X area or any other competitors across 12 key performance metrics.
optima care holdings limited Ownership
OPTIMA CARE HOLDINGS LIMITED group structure
Optima Care Holdings Limited has 1 subsidiary company.
Ultimate parent company
OPTIMA CARE HOLDINGS LIMITED
09060429
1 subsidiary
optima care holdings limited directors
Optima Care Holdings Limited currently has 2 directors. The longest serving directors include Vadivambikai Coombes (May 2014) and Mr Edward Coombes (May 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Vadivambikai Coombes | England | 78 years | May 2014 | - | Director |
| Mr Edward Coombes | England | 54 years | May 2014 | - | Director |
P&L
May 2024turnover
6m
+24%
operating profit
-502.7k
-39%
gross margin
19.5%
-6.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
-1.8m
+1.93%
total assets
8.3m
-0.15%
cash
380.1k
-0.46%
net assets
Total assets minus all liabilities
optima care holdings limited company details
company number
09060429
Type
Private limited with Share Capital
industry
87900 - Other residential care activities
incorporation date
May 2014
age
11
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
COOPER PARRY GROUP LIMITED
address
new derwent house, 69-73 theobalds road, london, WC1X 8TA
Bank
-
Legal Advisor
-
optima care holdings 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 did not find charges/mortgages relating to optima care holdings limited.
optima care holdings limited Capital Raised & Share Issues BETA
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optima care holdings limited Companies House Filings - See Documents
| date | description | view/download |
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