Pomanda estimates the enterprise value of PROMISES OF CARE LIMITED at £585.6k based on a Turnover of £1.7m and 0.34x industry multiple (adjusted for size and gross margin).
promises of care limitedEstimated Valuation
£188.8k
Pomanda estimates the enterprise value of PROMISES OF CARE LIMITED at £188.8k based on an EBITDA of £57.1k and a 3.3x industry multiple (adjusted for size and gross margin).
promises of care limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of PROMISES OF CARE LIMITED at £0 based on Net Assets of £-198.5k and 2.07x industry multiple (adjusted for liquidity).
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Promises Of Care LimitedOverview
Promises Of Care Limited is a live company located in wolverhampton, WV1 4JD with a Companies House number of 09107662. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in June 2014, it's largest shareholder is
sithembiso tshuma
with a 100% stake. Promises Of Care Limited is a established,
small sized company, Pomanda has estimated its turnover at
£1.7m with
high
growth in recent years.
Pomanda's financial health check has awarded Promises Of Care Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
3 Strong
2 Regular
4 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£4.4m)
£1.7m - Promises Of Care Limited
£4.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (6.7%)
20% - Promises Of Care Limited
6.7% - Industry AVG
Production
with a gross margin of 23%, this company has a higher cost of product (41%)
23% - Promises Of Care Limited
41% - Industry AVG
Profitability
an operating margin of 3.3% make it as profitable than the average company (4.1%)
3.3% - Promises Of Care Limited
4.1% - Industry AVG
Employees
with 51 employees, this is above the industry average (33)
51 - Promises Of Care Limited
33 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
£31.2k - Promises Of Care Limited
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £34.1k, this is less efficient (£85.2k)
£34.1k - Promises Of Care Limited
£85.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Promises Of Care Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 73 days, this is slower than average (6 days)
73 days - Promises Of Care Limited
6 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Promises Of Care Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Promises Of Care Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 382.7%, this is a higher level of debt than the average (32%)
382.7% - Promises Of Care Limited
32% - Industry AVG
PROMISES OF CARE LIMITED financials
EXPORT
Promises Of Care Limited's latest turnover from June 2024 is estimated at £1.7 million and the company has net assets of -£198.5 thousand. According to their latest financial statements, Promises Of Care Limited has 51 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Turnover
1,737,573
1,615,205
730,872
1,013,554
519,707
327,137
825
Other Income Or Grants
Cost Of Sales
1,338,162
1,245,688
562,904
789,046
398,910
252,610
625
Gross Profit
399,410
369,517
167,968
224,507
120,797
74,527
200
Admin Expenses
342,265
533,255
171,429
351,665
91,971
38,449
77
Operating Profit
57,145
-163,738
-3,461
-127,158
28,826
36,078
123
Interest Payable
Interest Receivable
347
28
Pre-Tax Profit
57,145
-163,738
-3,114
-127,130
28,826
36,078
123
Tax
-14,286
-5,477
-6,855
-23
Profit After Tax
42,859
-163,738
-3,114
-127,130
23,349
29,223
100
Dividends Paid
Retained Profit
42,859
-163,738
-3,114
-127,130
23,349
29,223
100
Employee Costs
1,593,260
1,537,737
1,058,958
931,479
723,948
497,646
24,338
Number Of Employees
51
51
38
35
28
20
1
EBITDA*
57,145
-163,738
-3,461
-127,158
28,826
36,078
123
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Tangible Assets
70,200
70,200
70,200
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
70,200
70,200
70,200
Stock & work in progress
Trade Debtors
71,023
58,126
36,590
100
Group Debtors
Misc Debtors
Cash
55,536
100
100
misc current assets
total current assets
71,023
55,536
58,126
36,590
100
100
100
total assets
70,200
70,200
141,223
55,536
58,126
36,590
100
100
100
Bank overdraft
Bank loan
Trade Creditors
268,651
311,510
118,768
129,894
5,454
7,267
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
268,651
311,510
118,768
129,894
5,454
7,267
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
100,027
provisions
total long term liabilities
100,027
total liabilities
268,651
311,510
218,795
129,894
5,454
7,267
net assets
-198,451
-241,310
-77,572
-74,358
52,672
29,323
100
100
100
total shareholders funds
-198,451
-241,310
-77,572
-74,358
52,672
29,323
100
100
100
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Operating Activities
Operating Profit
57,145
-163,738
-3,461
-127,158
28,826
36,078
123
Depreciation
Amortisation
Tax
-14,286
-5,477
-6,855
-23
Stock
Debtors
-71,023
71,023
-58,126
21,536
36,490
100
Creditors
-42,859
192,742
-11,126
124,440
-1,813
7,267
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
100,027
-85,610
55,408
Investing Activities
capital expenditure
-70,200
Change in Investments
cash flow from investments
-70,200
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-100,027
100,027
share issue
-100
100
-100
100
interest
347
28
cash flow from financing
-100,027
100,274
128
-100
100
cash and cash equivalents
cash
-55,536
55,536
-100
100
overdraft
change in cash
-55,536
55,536
-100
100
promises of care limited 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 promises of care limited. Get real-time insights into promises of care limited's credit score, group structure and payment trends.
Perform a competitor analysis for promises of care limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in WV1 area or any other competitors across 12 key performance metrics.
promises of care limited Ownership
PROMISES OF CARE LIMITED group structure
Promises Of Care Limited has no subsidiary companies.
Ultimate parent company
PROMISES OF CARE LIMITED
09107662
PROMISES OF CARE LIMITED Shareholders
The sole shareholder of Promises Of Care Limited is Sithembiso Tshuma.
sithembiso tshuma
100%
promises of care limited directors
Promises Of Care Limited currently has 1 director, Miss Sithembiso Tshuma serving since Jun 2014.
88100 - Social work activities without accommodation for the elderly and disabled
78200 - Temporary employment agency activities
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
-
auditor
-
address
80 darlington street, wolverhampton, WV1 4JD
Bank
-
Legal Advisor
-
promises of care 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 found 2 charges/mortgages relating to promises of care limited. Currently there are 0 open charges and 2 have been satisfied in the past.
promises of care limited 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 PROMISES OF CARE LIMITED. This can take several minutes, an email will notify you when this has completed.
promises of care limitedCompanies House Filings - See Documents
