fortune life home care ltd

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fortune life home care ltd Company Information

Share FORTUNE LIFE HOME CARE LTD

Company Number

09099833

Shareholders

eldalyn sundram

samuel sundram

Group Structure

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Industry

Other social work activities without accommodation n.e.c.

 

Registered Address

bay hall miln road, huddersfield, HD1 5EJ

fortune life home care ltd Estimated Valuation

£26.7k

Pomanda estimates the enterprise value of FORTUNE LIFE HOME CARE LTD at £26.7k based on a Turnover of £79.6k and 0.34x industry multiple (adjusted for size and gross margin).

fortune life home care ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of FORTUNE LIFE HOME CARE LTD at £0 based on an EBITDA of £-722 and a 3.49x industry multiple (adjusted for size and gross margin).

fortune life home care ltd Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of FORTUNE LIFE HOME CARE LTD at £1.3m based on Net Assets of £550.7k and 2.4x industry multiple (adjusted for liquidity).

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Fortune Life Home Care Ltd Overview

Fortune Life Home Care Ltd is a live company located in huddersfield, HD1 5EJ with a Companies House number of 09099833. It operates in the other social work activities without accommodation n.e.c. sector, SIC Code 88990. Founded in June 2014, it's largest shareholder is eldalyn sundram with a 50% stake. Fortune Life Home Care Ltd is a established, micro sized company, Pomanda has estimated its turnover at £79.6k with declining growth in recent years.

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Fortune Life Home Care Ltd Health Check

Pomanda's financial health check has awarded Fortune Life Home Care Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £79.6k, make it smaller than the average company (£476.6k)

£79.6k - Fortune Life Home Care Ltd

£476.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -54%, show it is growing at a slower rate (6.6%)

-54% - Fortune Life Home Care Ltd

6.6% - Industry AVG

production

Production

with a gross margin of 31.8%, this company has a higher cost of product (74.4%)

31.8% - Fortune Life Home Care Ltd

74.4% - Industry AVG

profitability

Profitability

an operating margin of -0.9% make it less profitable than the average company (3.5%)

-0.9% - Fortune Life Home Care Ltd

3.5% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (13)

3 - Fortune Life Home Care Ltd

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £26k, the company has an equivalent pay structure (£26k)

£26k - Fortune Life Home Care Ltd

£26k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £26.5k, this is less efficient (£41.9k)

£26.5k - Fortune Life Home Care Ltd

£41.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 24 days, this is later than average (13 days)

24 days - Fortune Life Home Care Ltd

13 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Fortune Life Home Care Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Fortune Life Home Care Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Fortune Life Home Care Ltd

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Fortune Life Home Care Ltd

- - Industry AVG

FORTUNE LIFE HOME CARE LTD financials

EXPORTms excel logo

Fortune Life Home Care Ltd's latest turnover from June 2024 is estimated at £79.6 thousand and the company has net assets of £550.7 thousand. According to their latest financial statements, Fortune Life Home Care Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015
Turnover79,579596,402746,461821,480713,583531,029376,551261,045101,836
Other Income Or Grants
Cost Of Sales54,284409,795499,120547,768480,500359,873245,363162,11573,450
Gross Profit25,294186,607247,340273,712233,083171,155131,18998,92928,386
Admin Expenses26,016-136,99781,640238,529152,221131,653104,65167,98625,985
Operating Profit-722323,604165,70035,18380,86239,50226,53830,9432,401
Interest Payable
Interest Receivable816
Pre-Tax Profit-722323,604165,70035,18380,86239,50226,53830,9512,418
Tax-80,901-31,483-6,685-15,364-7,505-5,042-5,881-483
Profit After Tax-722242,703134,21728,49865,49831,99721,49625,0701,934
Dividends Paid
Retained Profit-722242,703134,21728,49865,49831,99721,49625,0701,934
Employee Costs78,04174,07169,297268,339263,444257,724252,542249,775104,585
Number Of Employees33312121212125
EBITDA*-722323,604165,70035,18380,86239,50226,53830,9432,401

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors5,305171,148233,135173,259192,869136,49777,34537,265
Group Debtors
Misc Debtors
Cash6,490
misc current assets545,386380,26575,5751,234
total current assets550,691551,413308,710174,493192,869136,49777,34537,2656,490
total assets550,691551,413308,710174,493192,869136,49777,34537,2656,490
Bank overdraft
Bank loan
Trade Creditors 46,87456,00028,8451,8264,456
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities46,87456,00028,8451,8264,456
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities8,435
provisions
total long term liabilities8,435
total liabilities46,87456,00028,84510,2614,456
net assets550,691551,413308,710174,493145,99580,49748,50027,0042,034
total shareholders funds550,691551,413308,710174,493145,99580,49748,50027,0042,034
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015
Operating Activities
Operating Profit-722323,604165,70035,18380,86239,50226,53830,9432,401
Depreciation
Amortisation
Tax-80,901-31,483-6,685-15,364-7,505-5,042-5,881-483
Stock
Debtors-165,843-61,98759,876-19,61056,37259,15240,08037,265
Creditors-46,874-9,12627,15527,019-2,6304,456
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations165,121304,69074,3411,2348,435-14,8336,374
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-8,4358,435
share issue-100100
interest816
cash flow from financing-8,4358,343116
cash and cash equivalents
cash-6,4906,490
overdraft
change in cash-6,4906,490

fortune life home care ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Fortune Life Home Care Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for fortune life home care ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in HD1 area or any other competitors across 12 key performance metrics.

fortune life home care ltd Ownership

FORTUNE LIFE HOME CARE LTD group structure

Fortune Life Home Care Ltd has no subsidiary companies.

Ultimate parent company

FORTUNE LIFE HOME CARE LTD

09099833

FORTUNE LIFE HOME CARE LTD Shareholders

eldalyn sundram 50%
samuel sundram 50%

fortune life home care ltd directors

Fortune Life Home Care Ltd currently has 2 directors. The longest serving directors include Mrs Eldalyn Sundram (Jun 2014) and Mr Samuel Sundram (Feb 2024).

officercountryagestartendrole
Mrs Eldalyn SundramEngland46 years Jun 2014- Director
Mr Samuel SundramUnited Kingdom17 years Feb 2024- Director

P&L

June 2024

turnover

79.6k

-87%

operating profit

-722

0%

gross margin

31.8%

+1.59%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2024

net assets

550.7k

0%

total assets

550.7k

0%

cash

0

0%

net assets

Total assets minus all liabilities

fortune life home care ltd company details

company number

09099833

Type

Private limited with Share Capital

industry

88990 - Other social work activities without accommodation n.e.c.

incorporation date

June 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

June 2024

previous names

N/A

accountant

SMART ACCOUNTS & TAX LTD

auditor

-

address

bay hall miln road, huddersfield, HD1 5EJ

Bank

-

Legal Advisor

-

fortune life home care 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 fortune life home care ltd.

fortune life home care ltd 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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fortune life home care ltd Companies House Filings - See Documents

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