athena care homes (march) limited
athena care homes (march) limited Company Information
Company Number
09784493
Next Accounts
Dec 2024
Industry
Residential care activities for the elderly and disabled
Residential nursing care activities
Shareholders
athena care homes (uk) limited
Group Structure
View All
Contact
Registered Address
unit 5, russel house, hornsby way, basildon, essex, SS15 6TF
Website
www.athenacarehomes.co.ukathena care homes (march) limited Estimated Valuation
Pomanda estimates the enterprise value of ATHENA CARE HOMES (MARCH) LIMITED at £4.5m based on a Turnover of £4.9m and 0.91x industry multiple (adjusted for size and gross margin).
athena care homes (march) limited Estimated Valuation
Pomanda estimates the enterprise value of ATHENA CARE HOMES (MARCH) LIMITED at £6.4m based on an EBITDA of £1m and a 6.13x industry multiple (adjusted for size and gross margin).
athena care homes (march) limited Estimated Valuation
Pomanda estimates the enterprise value of ATHENA CARE HOMES (MARCH) LIMITED at £6m based on Net Assets of £2m and 3.02x industry multiple (adjusted for liquidity).
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Athena Care Homes (march) Limited Overview
Athena Care Homes (march) Limited is a live company located in basildon, SS15 6TF with a Companies House number of 09784493. It operates in the residential nursing care facilities sector, SIC Code 87100. Founded in September 2015, it's largest shareholder is athena care homes (uk) limited with a 100% stake. Athena Care Homes (march) Limited is a young, small sized company, Pomanda has estimated its turnover at £4.9m with healthy growth in recent years.
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Athena Care Homes (march) Limited Health Check
Pomanda's financial health check has awarded Athena Care Homes (March) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
2 Weak
Size
annual sales of £4.9m, make it larger than the average company (£3.7m)
- Athena Care Homes (march) Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (4.7%)
- Athena Care Homes (march) Limited
4.7% - Industry AVG
Production
with a gross margin of 36.9%, this company has a comparable cost of product (36.9%)
- Athena Care Homes (march) Limited
36.9% - Industry AVG
Profitability
an operating margin of 19.1% make it more profitable than the average company (12.1%)
- Athena Care Homes (march) Limited
12.1% - Industry AVG
Employees
with 109 employees, this is similar to the industry average (94)
109 - Athena Care Homes (march) Limited
94 - Industry AVG
Pay Structure
on an average salary of £22.1k, the company has an equivalent pay structure (£22.1k)
- Athena Care Homes (march) Limited
£22.1k - Industry AVG
Efficiency
resulting in sales per employee of £45.2k, this is more efficient (£38.2k)
- Athena Care Homes (march) Limited
£38.2k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is later than average (17 days)
- Athena Care Homes (march) Limited
17 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is slower than average (16 days)
- Athena Care Homes (march) Limited
16 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Athena Care Homes (march) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (16 weeks)
3 weeks - Athena Care Homes (march) Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.8%, this is a similar level of debt than the average (53.4%)
50.8% - Athena Care Homes (march) Limited
53.4% - Industry AVG
ATHENA CARE HOMES (MARCH) LIMITED financials
Athena Care Homes (March) Limited's latest turnover from March 2023 is estimated at £4.9 million and the company has net assets of £2 million. According to their latest financial statements, Athena Care Homes (March) Limited has 109 employees and maintains cash reserves of £148.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 752,110 | |||||||
| Other Income Or Grants | 0 | |||||||
| Cost Of Sales | 49,273 | |||||||
| Gross Profit | 702,837 | |||||||
| Admin Expenses | 661,795 | |||||||
| Operating Profit | 41,042 | |||||||
| Interest Payable | 0 | |||||||
| Interest Receivable | 0 | |||||||
| Pre-Tax Profit | 41,042 | |||||||
| Tax | 0 | |||||||
| Profit After Tax | 41,042 | |||||||
| Dividends Paid | 0 | |||||||
| Retained Profit | 41,042 | |||||||
| Employee Costs | 565,058 | |||||||
| Number Of Employees | 109 | 113 | 121 | 116 | 113 | 105 | 104 | 101 |
| EBITDA* | 65,416 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,490,201 | 3,440,960 | 3,522,855 | 3,552,672 | 3,306,767 | 3,347,620 | 3,421,228 | 3,502,383 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,490,201 | 3,440,960 | 3,522,855 | 3,552,672 | 3,306,767 | 3,347,620 | 3,421,228 | 3,502,383 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 333,665 | 124,518 | 226,571 | 237,134 | 252,711 | 181,817 | 265,946 | 200,737 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 57,644 | 44,590 | 46,144 | 52,557 | 41,673 | 38,844 | 53,391 | 44,184 |
| Cash | 148,946 | 523,970 | 733,382 | 312,419 | 414,220 | 414,039 | 242,847 | 171,568 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 540,255 | 693,078 | 1,006,097 | 602,110 | 708,604 | 634,700 | 562,184 | 416,489 |
| total assets | 4,030,456 | 4,134,038 | 4,528,952 | 4,154,782 | 4,015,371 | 3,982,320 | 3,983,412 | 3,918,872 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 238,319 | 206,356 | 153,294 | 176,500 | 208,745 | 98,050 | 171,756 | 110,164 |
| Group/Directors Accounts | 1,126,167 | 2,260,700 | 3,094,621 | 3,131,723 | 3,192,063 | 3,543,488 | 3,689,632 | 3,617,611 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 573,704 | 376,443 | 356,563 | 304,063 | 290,816 | 250,098 | 186,850 | 158,054 |
| total current liabilities | 1,938,190 | 2,843,499 | 3,604,478 | 3,612,286 | 3,691,624 | 3,891,636 | 4,048,238 | 3,885,829 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 111,000 | 84,000 | 69,100 | 63,000 | 4,800 | 0 | 735 | 4,940 |
| total long term liabilities | 111,000 | 84,000 | 69,100 | 63,000 | 4,800 | 0 | 735 | 4,940 |
| total liabilities | 2,049,190 | 2,927,499 | 3,673,578 | 3,675,286 | 3,696,424 | 3,891,636 | 4,048,973 | 3,890,769 |
| net assets | 1,981,266 | 1,206,539 | 855,374 | 479,496 | 318,947 | 90,684 | -65,561 | 28,103 |
| total shareholders funds | 1,981,266 | 1,206,539 | 855,374 | 479,496 | 318,947 | 90,684 | -65,561 | 28,103 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 41,042 | |||||||
| Depreciation | 99,139 | 92,204 | 109,628 | 115,435 | 106,352 | 101,041 | 97,902 | 24,374 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 222,201 | -103,607 | -16,976 | -4,693 | 73,723 | -98,676 | 74,416 | 244,921 |
| Creditors | 31,963 | 53,062 | -23,206 | -32,245 | 110,695 | -73,706 | 61,592 | 110,164 |
| Accruals and Deferred Income | 197,261 | 19,880 | 52,500 | 13,247 | 40,718 | 63,248 | 28,796 | 158,054 |
| Deferred Taxes & Provisions | 27,000 | 14,900 | 6,100 | 58,200 | 4,800 | -735 | -4,205 | 4,940 |
| Cash flow from operations | 93,653 | |||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -1,134,533 | -833,921 | -37,102 | -60,340 | -351,425 | -146,144 | 72,021 | 3,617,611 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | 0 | |||||||
| cash flow from financing | 3,604,672 | |||||||
| cash and cash equivalents | ||||||||
| cash | -375,024 | -209,412 | 420,963 | -101,801 | 181 | 171,192 | 71,279 | 171,568 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -375,024 | -209,412 | 420,963 | -101,801 | 181 | 171,192 | 71,279 | 171,568 |
athena care homes (march) limited Credit Report and Business Information
Athena Care Homes (march) Limited Competitor Analysis
Perform a competitor analysis for athena care homes (march) limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in SS15 area or any other competitors across 12 key performance metrics.
athena care homes (march) limited Ownership
ATHENA CARE HOMES (MARCH) LIMITED group structure
Athena Care Homes (March) Limited has no subsidiary companies.
Ultimate parent company
1 parent
ATHENA CARE HOMES (MARCH) LIMITED
09784493
athena care homes (march) limited directors
Athena Care Homes (March) Limited currently has 2 directors. The longest serving directors include Mrs Mala Agarwal (Sep 2015) and Mr Udayan Agarwal (Sep 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Mala Agarwal | England | 54 years | Sep 2015 | - | Director |
| Mr Udayan Agarwal | 55 years | Sep 2015 | - | Director |
P&L
March 2023turnover
4.9m
+44%
operating profit
942.2k
0%
gross margin
36.9%
+2.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
2m
+0.64%
total assets
4m
-0.03%
cash
148.9k
-0.72%
net assets
Total assets minus all liabilities
athena care homes (march) limited company details
company number
09784493
Type
Private limited with Share Capital
industry
87300 - Residential care activities for the elderly and disabled
87100 - Residential nursing care activities
incorporation date
September 2015
age
9
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
unit 5, russel house, hornsby way, basildon, essex, SS15 6TF
Bank
-
Legal Advisor
-
athena care homes (march) 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 4 charges/mortgages relating to athena care homes (march) limited. Currently there are 4 open charges and 0 have been satisfied in the past.
athena care homes (march) limited Companies House Filings - See Documents
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