newcore healthcare limited
newcore healthcare limited Company Information
Group Structure
View All
Industry
Residential care activities for the elderly and disabled
Registered Address
101 dunraven street, tonypandy, rhondda cynon taff, CF40 1AR
Website
newcorecapital.comnewcore healthcare limited Estimated Valuation
Pomanda estimates the enterprise value of NEWCORE HEALTHCARE LIMITED at £1.5m based on a Turnover of £2m and 0.76x industry multiple (adjusted for size and gross margin).
newcore healthcare limited Estimated Valuation
Pomanda estimates the enterprise value of NEWCORE HEALTHCARE LIMITED at £0 based on an EBITDA of £-104.6k and a 6.16x industry multiple (adjusted for size and gross margin).
newcore healthcare limited Estimated Valuation
Pomanda estimates the enterprise value of NEWCORE HEALTHCARE LIMITED at £0 based on Net Assets of £-552.8k and 2.93x industry multiple (adjusted for liquidity).
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Newcore Healthcare Limited Overview
Newcore Healthcare Limited is a live company located in rhondda cynon taff, CF40 1AR with a Companies House number of 09355143. It operates in the residential care activities for the elderly and disabled sector, SIC Code 87300. Founded in December 2014, it's largest shareholder is newcore ltd with a 100% stake. Newcore Healthcare Limited is a established, small sized company, Pomanda has estimated its turnover at £2m with healthy growth in recent years.
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Newcore Healthcare Limited Health Check
Pomanda's financial health check has awarded Newcore Healthcare Limited a 3 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
3 Strong
4 Regular
4 Weak
Size
annual sales of £2m, make it smaller than the average company (£2.8m)
- Newcore Healthcare Limited
£2.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (5%)
- Newcore Healthcare Limited
5% - Industry AVG
Production
with a gross margin of 38.1%, this company has a comparable cost of product (38.1%)
- Newcore Healthcare Limited
38.1% - Industry AVG
Profitability
an operating margin of -6.8% make it less profitable than the average company (10.3%)
- Newcore Healthcare Limited
10.3% - Industry AVG
Employees
with 55 employees, this is similar to the industry average (67)
55 - Newcore Healthcare Limited
67 - Industry AVG
Pay Structure
on an average salary of £23k, the company has an equivalent pay structure (£23k)
- Newcore Healthcare Limited
£23k - Industry AVG
Efficiency
resulting in sales per employee of £35.6k, this is equally as efficient (£40k)
- Newcore Healthcare Limited
£40k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (16 days)
- Newcore Healthcare Limited
16 days - Industry AVG
Creditor Days
its suppliers are paid after 46 days, this is slower than average (16 days)
- Newcore Healthcare Limited
16 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Newcore Healthcare Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (32 weeks)
4 weeks - Newcore Healthcare Limited
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 150.8%, this is a higher level of debt than the average (45.8%)
150.8% - Newcore Healthcare Limited
45.8% - Industry AVG
NEWCORE HEALTHCARE LIMITED financials
Newcore Healthcare Limited's latest turnover from August 2023 is estimated at £2 million and the company has net assets of -£552.8 thousand. According to their latest financial statements, Newcore Healthcare Limited has 55 employees and maintains cash reserves of £64.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 55 | 72 | 49 | 57 | 49 | 42 | 30 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 888,769 | 913,509 | 932,305 | 961,771 | 962,603 | 989,451 | 64,218 | ||
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 888,769 | 913,509 | 932,305 | 961,771 | 962,603 | 989,451 | 64,218 | ||
| Stock & work in progress | |||||||||
| Trade Debtors | 63,541 | 50,507 | 149,636 | 37,071 | 17,685 | 7,966 | 2,568 | 300 | 300 |
| Group Debtors | 300 | 300 | 300 | 300 | 300 | 300 | 300 | ||
| Misc Debtors | 72,441 | 61,339 | 21,668 | 40,373 | 38,450 | 46,598 | 1,926 | ||
| Cash | 64,117 | 63,483 | 78,989 | 23,361 | 100,639 | 27,416 | 1 | ||
| misc current assets | |||||||||
| total current assets | 200,399 | 175,629 | 250,593 | 101,105 | 157,074 | 82,280 | 4,795 | 300 | 300 |
| total assets | 1,089,168 | 1,089,138 | 1,182,898 | 1,062,876 | 1,119,677 | 1,071,731 | 69,013 | 300 | 300 |
| Bank overdraft | 10,000 | 10,000 | 4,544 | ||||||
| Bank loan | |||||||||
| Trade Creditors | 153,061 | 90,942 | 55,903 | 86,086 | 79,806 | 52,402 | 42,739 | ||
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 531,670 | 426,718 | 460,318 | 488,800 | 391,220 | 361,136 | 132,398 | ||
| total current liabilities | 694,731 | 527,660 | 516,221 | 574,886 | 471,026 | 413,538 | 179,681 | ||
| loans | 947,199 | 879,486 | 907,219 | 751,255 | 840,943 | 854,657 | 75,818 | ||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | 947,199 | 879,486 | 907,219 | 751,255 | 840,943 | 854,657 | 75,818 | ||
| total liabilities | 1,641,930 | 1,407,146 | 1,423,440 | 1,326,141 | 1,311,969 | 1,268,195 | 255,499 | ||
| net assets | -552,762 | -318,008 | -240,542 | -263,265 | -192,292 | -196,464 | -186,486 | 300 | 300 |
| total shareholders funds | -552,762 | -318,008 | -240,542 | -263,265 | -192,292 | -196,464 | -186,486 | 300 | 300 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 29,599 | 29,480 | 30,974 | 32,033 | 32,727 | 33,792 | 9,599 | ||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | 24,136 | -59,458 | 93,860 | 21,309 | 1,571 | 50,070 | 4,494 | 300 | |
| Creditors | 62,119 | 35,039 | -30,183 | 6,280 | 27,404 | 9,663 | 42,739 | ||
| Accruals and Deferred Income | 104,952 | -33,600 | -28,482 | 97,580 | 30,084 | 228,738 | 132,398 | ||
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| 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 | 67,713 | -27,733 | 155,964 | -89,688 | -13,714 | 778,839 | 75,818 | ||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 634 | -15,506 | 55,628 | -77,278 | 73,223 | 27,415 | 1 | ||
| overdraft | 10,000 | -4,544 | 4,544 | ||||||
| change in cash | 634 | -25,506 | 55,628 | -77,278 | 73,223 | 31,959 | -4,543 |
newcore healthcare limited Credit Report and Business Information
Newcore Healthcare Limited Competitor Analysis
Perform a competitor analysis for newcore healthcare limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in CF40 area or any other competitors across 12 key performance metrics.
newcore healthcare limited Ownership
NEWCORE HEALTHCARE LIMITED group structure
Newcore Healthcare Limited has no subsidiary companies.
newcore healthcare limited directors
Newcore Healthcare Limited currently has 1 director, Dr Bikram Choudhary serving since Dec 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Bikram Choudhary | Wales | 51 years | Dec 2014 | - | Director |
P&L
August 2023turnover
2m
-4%
operating profit
-134.2k
0%
gross margin
38.2%
-0.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-552.8k
+0.74%
total assets
1.1m
0%
cash
64.1k
+0.01%
net assets
Total assets minus all liabilities
newcore healthcare limited company details
company number
09355143
Type
Private limited with Share Capital
industry
87300 - Residential care activities for the elderly and disabled
incorporation date
December 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
CURTIS BOWDEN & THOMAS LIMITED
auditor
-
address
101 dunraven street, tonypandy, rhondda cynon taff, CF40 1AR
Bank
-
Legal Advisor
-
newcore healthcare 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 newcore healthcare limited.
newcore healthcare 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.
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newcore healthcare limited Companies House Filings - See Documents
| date | description | view/download |
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