paramount care (easington) limited
paramount care (easington) limited Company Information
Group Structure
View All
Industry
Residential care activities for learning disabilities, mental health and substance abuse
Registered Address
elliott house seaside lane, easington colliery, peterlee, SR8 3PG
Website
viewplus.comparamount care (easington) limited Estimated Valuation
Pomanda estimates the enterprise value of PARAMOUNT CARE (EASINGTON) LIMITED at £1.1m based on a Turnover of £1.6m and 0.69x industry multiple (adjusted for size and gross margin).
paramount care (easington) limited Estimated Valuation
Pomanda estimates the enterprise value of PARAMOUNT CARE (EASINGTON) LIMITED at £0 based on an EBITDA of £-54.4k and a 5.32x industry multiple (adjusted for size and gross margin).
paramount care (easington) limited Estimated Valuation
Pomanda estimates the enterprise value of PARAMOUNT CARE (EASINGTON) LIMITED at £0 based on Net Assets of £-402.7k and 3.41x industry multiple (adjusted for liquidity).
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Paramount Care (easington) Limited Overview
Paramount Care (easington) Limited is a live company located in peterlee, SR8 3PG with a Companies House number of 09888167. It operates in the residential care activities for mental difficulties, mental health and substance abuse sector, SIC Code 87200. Founded in November 2015, it's largest shareholder is michael evan fuerst with a 100% stake. Paramount Care (easington) Limited is a established, small sized company, Pomanda has estimated its turnover at £1.6m with healthy growth in recent years.
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Paramount Care (easington) Limited Health Check
Pomanda's financial health check has awarded Paramount Care (Easington) Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£2.5m)
- Paramount Care (easington) Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (6.5%)
- Paramount Care (easington) Limited
6.5% - Industry AVG
Production
with a gross margin of 34.2%, this company has a comparable cost of product (34.2%)
- Paramount Care (easington) Limited
34.2% - Industry AVG
Profitability
an operating margin of -4.1% make it less profitable than the average company (6.3%)
- Paramount Care (easington) Limited
6.3% - Industry AVG
Employees
with 47 employees, this is below the industry average (61)
47 - Paramount Care (easington) Limited
61 - Industry AVG
Pay Structure
on an average salary of £24.8k, the company has an equivalent pay structure (£24.8k)
- Paramount Care (easington) Limited
£24.8k - Industry AVG
Efficiency
resulting in sales per employee of £34.2k, this is less efficient (£40.4k)
- Paramount Care (easington) Limited
£40.4k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (20 days)
- Paramount Care (easington) Limited
20 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Paramount Care (easington) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Paramount Care (easington) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (46 weeks)
3 weeks - Paramount Care (easington) Limited
46 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 202.7%, this is a higher level of debt than the average (40.3%)
202.7% - Paramount Care (easington) Limited
40.3% - Industry AVG
PARAMOUNT CARE (EASINGTON) LIMITED financials
Paramount Care (Easington) Limited's latest turnover from November 2023 is estimated at £1.6 million and the company has net assets of -£402.7 thousand. According to their latest financial statements, Paramount Care (Easington) Limited has 47 employees and maintains cash reserves of £47.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 47 | 36 | 36 | 37 | 29 | 14 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 132,315 | 143,260 | 147,113 | 157,838 | 169,186 | 168,685 | 26,040 | 24,841 |
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 132,315 | 143,260 | 147,113 | 157,838 | 169,186 | 168,685 | 26,040 | 24,841 |
| Stock & work in progress | ||||||||
| Trade Debtors | 61,788 | 2,682 | 675 | 1,407 | ||||
| Group Debtors | ||||||||
| Misc Debtors | 150,588 | 150,590 | 85,397 | 59,319 | ||||
| Cash | 47,345 | 5,511 | 75,599 | 57,183 | 9,874 | |||
| misc current assets | ||||||||
| total current assets | 259,721 | 156,101 | 160,996 | 116,502 | 9,874 | 2,682 | 675 | 1,407 |
| total assets | 392,036 | 299,361 | 308,109 | 274,340 | 179,060 | 171,367 | 26,715 | 26,248 |
| Bank overdraft | 10,000 | 10,000 | 10,000 | |||||
| Bank loan | ||||||||
| Trade Creditors | 593,626 | 87,613 | 47,000 | |||||
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 769,701 | 599,715 | 675,693 | 859,171 | 1,091,783 | |||
| total current liabilities | 779,701 | 609,715 | 685,693 | 859,171 | 1,091,783 | 593,626 | 87,613 | 47,000 |
| loans | 15,000 | 25,000 | 35,000 | 50,000 | ||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | 5,600 | |||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | 15,000 | 25,000 | 35,000 | 50,000 | 5,600 | |||
| total liabilities | 794,701 | 634,715 | 720,693 | 909,171 | 1,091,783 | 599,226 | 87,613 | 47,000 |
| net assets | -402,665 | -335,354 | -412,584 | -634,831 | -912,723 | -427,859 | -60,898 | -20,752 |
| total shareholders funds | -402,665 | -335,354 | -412,584 | -634,831 | -912,723 | -427,859 | -60,898 | -20,752 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 10,945 | 11,611 | 10,725 | 11,348 | ||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | 61,786 | 65,193 | 26,078 | 59,319 | -2,682 | 2,007 | -732 | 1,407 |
| Creditors | -593,626 | 506,013 | 40,613 | 47,000 | ||||
| Accruals and Deferred Income | 169,986 | -75,978 | -183,478 | -232,612 | 1,086,183 | 5,600 | ||
| 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 | -10,000 | -10,000 | -15,000 | 50,000 | ||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 41,834 | -70,088 | 18,416 | 47,309 | 9,874 | |||
| overdraft | 10,000 | |||||||
| change in cash | 41,834 | -70,088 | 8,416 | 47,309 | 9,874 |
paramount care (easington) limited Credit Report and Business Information
Paramount Care (easington) Limited Competitor Analysis
Perform a competitor analysis for paramount care (easington) limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in SR8 area or any other competitors across 12 key performance metrics.
paramount care (easington) limited Ownership
PARAMOUNT CARE (EASINGTON) LIMITED group structure
Paramount Care (Easington) Limited has no subsidiary companies.
Ultimate parent company
2 parents
PARAMOUNT CARE (EASINGTON) LIMITED
09888167
paramount care (easington) limited directors
Paramount Care (Easington) Limited currently has 1 director, Mr Michael Fuerst serving since Nov 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Fuerst | United Kingdom | 58 years | Nov 2023 | - | Director |
P&L
November 2023turnover
1.6m
+20%
operating profit
-65.3k
0%
gross margin
34.2%
-1.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
-402.7k
+0.2%
total assets
392k
+0.31%
cash
47.3k
+7.59%
net assets
Total assets minus all liabilities
paramount care (easington) limited company details
company number
09888167
Type
Private limited with Share Capital
industry
87200 - Residential care activities for learning disabilities, mental health and substance abuse
incorporation date
November 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
elliott house seaside lane, easington colliery, peterlee, SR8 3PG
Bank
-
Legal Advisor
-
paramount care (easington) 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 paramount care (easington) limited.
paramount care (easington) 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 PARAMOUNT CARE (EASINGTON) LIMITED. This can take several minutes, an email will notify you when this has completed.
paramount care (easington) limited Companies House Filings - See Documents
| date | description | view/download |
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