adara group limited
adara group limited Company Information
Company Number
09962699
Next Accounts
Dec 2025
Shareholders
sutinder kaur hanspaul
sandeeo singh hanspaul & ramnik kaur hanspaul & sutinder kaur hanspaul
Group Structure
View All
Industry
Residential care activities for the elderly and disabled
Registered Address
2 seedfield close, northampton, NN3 3PA
Website
www.adarahealthcare.co.ukadara group limited Estimated Valuation
Pomanda estimates the enterprise value of ADARA GROUP LIMITED at £19m based on a Turnover of £12.1m and 1.57x industry multiple (adjusted for size and gross margin).
adara group limited Estimated Valuation
Pomanda estimates the enterprise value of ADARA GROUP LIMITED at £47.4m based on an EBITDA of £3.7m and a 12.72x industry multiple (adjusted for size and gross margin).
adara group limited Estimated Valuation
Pomanda estimates the enterprise value of ADARA GROUP LIMITED at £60.8m based on Net Assets of £20.8m and 2.93x industry multiple (adjusted for liquidity).
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Adara Group Limited Overview
Adara Group Limited is a live company located in northampton, NN3 3PA with a Companies House number of 09962699. It operates in the residential care activities for the elderly and disabled sector, SIC Code 87300. Founded in January 2016, it's largest shareholder is sutinder kaur hanspaul with a 58.8% stake. Adara Group Limited is a young, mid sized company, Pomanda has estimated its turnover at £12.1m with high growth in recent years.
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Adara Group Limited Health Check
Pomanda's financial health check has awarded Adara Group Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 2 areas for improvement. Company Health Check FAQs
9 Strong
1 Regular
2 Weak
Size
annual sales of £12.1m, make it larger than the average company (£3.3m)
£12.1m - Adara Group Limited
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (6.8%)
26% - Adara Group Limited
6.8% - Industry AVG
Production
with a gross margin of 87.6%, this company has a lower cost of product (38.9%)
87.6% - Adara Group Limited
38.9% - Industry AVG
Profitability
an operating margin of 29.5% make it more profitable than the average company (10.6%)
29.5% - Adara Group Limited
10.6% - Industry AVG
Employees
with 243 employees, this is above the industry average (75)
243 - Adara Group Limited
75 - Industry AVG
Pay Structure
on an average salary of £22.5k, the company has an equivalent pay structure (£24.3k)
£22.5k - Adara Group Limited
£24.3k - Industry AVG
Efficiency
resulting in sales per employee of £49.7k, this is more efficient (£40.8k)
£49.7k - Adara Group Limited
£40.8k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is later than average (16 days)
24 days - Adara Group Limited
16 days - Industry AVG
Creditor Days
its suppliers are paid after 74 days, this is slower than average (13 days)
74 days - Adara Group Limited
13 days - Industry AVG
Stock Days
it holds stock equivalent to 14 days, this is more than average (0 days)
14 days - Adara Group Limited
0 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 151 weeks, this is more cash available to meet short term requirements (30 weeks)
151 weeks - Adara Group Limited
30 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15.5%, this is a lower level of debt than the average (44.6%)
15.5% - Adara Group Limited
44.6% - Industry AVG
ADARA GROUP LIMITED financials
Adara Group Limited's latest turnover from March 2024 is £12.1 million and the company has net assets of £20.8 million. According to their latest financial statements, Adara Group Limited has 243 employees and maintains cash reserves of £4.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 12,079,543 | 10,002,899 | 8,051,378 | 6,107,937 | 5,772,883 | 5,667,472 | 4,313,453 | 3,426,261 |
| Other Income Or Grants | ||||||||
| Cost Of Sales | 1,501,173 | 1,397,713 | 1,204,022 | 1,007,980 | 963,571 | 916,291 | 239,742 | 161,037 |
| Gross Profit | 10,578,370 | 8,605,186 | 6,847,356 | 5,099,957 | 4,809,312 | 4,751,181 | 4,073,711 | 3,265,224 |
| Admin Expenses | 7,010,183 | 6,063,623 | 4,886,410 | 3,250,699 | 3,300,639 | 3,347,202 | 3,539,458 | 3,035,871 |
| Operating Profit | 3,568,187 | 2,541,563 | 1,960,946 | 1,849,258 | 1,508,673 | 1,403,979 | 534,253 | 229,353 |
| Interest Payable | 77,568 | 79,783 | 51,662 | 53,326 | 996 | |||
| Interest Receivable | 72,305 | 28,912 | 98,012 | 44,614 | 780 | 694 | 5,205 | 6,593 |
| Pre-Tax Profit | 3,562,924 | 2,490,692 | 2,007,296 | 1,840,546 | 3,783,457 | 1,404,673 | 600,839 | 289,093 |
| Tax | -901,215 | -499,615 | -401,913 | -261,322 | -661,390 | -250,446 | -140,518 | -62,185 |
| Profit After Tax | 2,661,709 | 1,991,077 | 1,605,383 | 1,579,224 | 3,122,067 | 1,154,227 | 460,321 | 226,908 |
| Dividends Paid | 195,180 | 48,000 | 15,900 | 11,130 | 9,540 | |||
| Retained Profit | 2,227,456 | 1,848,493 | 1,587,462 | 1,557,376 | 3,100,046 | 1,136,234 | 459,999 | 226,908 |
| Employee Costs | 5,470,712 | 4,717,497 | 3,642,817 | 2,811,005 | 2,775,724 | 2,738,323 | 2,380,868 | 2,195,726 |
| Number Of Employees | 243 | 191 | 158 | 147 | 120 | 117 | 105 | 121 |
| EBITDA* | 3,726,470 | 2,661,366 | 2,064,534 | 1,902,506 | 1,553,603 | 1,448,454 | 600,144 | 297,285 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 16,305,432 | 16,168,062 | 14,057,246 | 14,505,882 | 14,655,244 | 10,075,302 | 9,695,754 | 10,017,597 |
| Intangible Assets | 280,208 | 327,304 | 374,400 | 421,496 | 431,389 | 441,282 | 389,909 | 89,033 |
| Investments & Other | 1,752,972 | 1,317,424 | 1,317,424 | 14,407,718 | 14,577,717 | 622,110 | ||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 18,338,612 | 17,812,790 | 15,749,070 | 14,927,378 | 15,086,633 | 10,516,584 | 10,085,663 | 10,106,630 |
| Stock & work in progress | 61,513 | 64,264 | 69,301 | 66,929 | 61,816 | 61,816 | 50,984 | |
| Trade Debtors | 819,369 | 333,705 | 357,314 | 411,697 | 413,116 | 242,415 | 654,903 | 469,463 |
| Group Debtors | ||||||||
| Misc Debtors | 1,311,080 | 694,449 | 542,429 | 42,585 | 84,147 | 1,173,672 | 1,654,551 | 1,651,897 |
| Cash | 4,304,561 | 3,768,979 | 5,228,239 | 4,911,011 | 2,888,129 | 3,055,664 | 1,501,975 | 1,595,843 |
| misc current assets | ||||||||
| total current assets | 6,496,523 | 4,861,397 | 6,197,283 | 5,451,307 | 3,466,464 | 4,533,567 | 3,862,413 | 3,717,203 |
| total assets | 24,835,135 | 22,674,187 | 21,946,353 | 20,378,685 | 18,553,097 | 15,050,151 | 13,948,076 | 13,823,833 |
| Bank overdraft | ||||||||
| Bank loan | 217,589 | 206,343 | 189,199 | 255,652 | 266,714 | 260,815 | 260,816 | 260,816 |
| Trade Creditors | 304,633 | 328,820 | 428,117 | 354,221 | 203,702 | 245,017 | 220,715 | 146,364 |
| Group/Directors Accounts | 10,000 | |||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 952,200 | 1,104,791 | 1,120,631 | 976,605 | 716,764 | 696,329 | 581,960 | 794,639 |
| total current liabilities | 1,474,422 | 1,639,954 | 1,747,947 | 1,586,478 | 1,187,180 | 1,202,161 | 1,063,491 | 1,201,819 |
| loans | 799,206 | 976,381 | 2,181,762 | 4,677,398 | 4,962,446 | 5,019,986 | 5,399,850 | 5,778,984 |
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | 76,290 | |||||||
| other liabilities | ||||||||
| provisions | 1,586,497 | 1,549,370 | 1,451,239 | 2,802,592 | 2,009,562 | 1,237,222 | 1,239,002 | 1,322,710 |
| total long term liabilities | 2,385,703 | 2,525,751 | 3,633,001 | 3,816,285 | 3,486,004 | 3,128,604 | 3,319,426 | 3,550,847 |
| total liabilities | 3,860,125 | 4,165,705 | 5,380,948 | 5,402,763 | 4,673,184 | 4,330,765 | 4,382,917 | 4,752,666 |
| net assets | 20,775,229 | 18,352,592 | 16,456,099 | 14,852,737 | 13,767,446 | 10,667,400 | 9,531,166 | 9,071,167 |
| total shareholders funds | 20,775,229 | 18,352,592 | 16,456,099 | 14,852,737 | 13,767,446 | 10,667,400 | 9,531,166 | 9,071,167 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 3,568,187 | 2,541,563 | 1,960,946 | 1,849,258 | 1,508,673 | 1,403,979 | 534,253 | 229,353 |
| Depreciation | 111,187 | 72,707 | 56,492 | 43,355 | 35,037 | 34,582 | 55,998 | 58,039 |
| Amortisation | 47,096 | 47,096 | 47,096 | 9,893 | 9,893 | 9,893 | 9,893 | 9,893 |
| Tax | -901,215 | -499,615 | -401,913 | -261,322 | -661,390 | -250,446 | -140,518 | -62,185 |
| Stock | -2,751 | -5,037 | 2,372 | 5,113 | 10,832 | 50,984 | ||
| Debtors | 1,102,295 | 128,411 | 445,461 | -42,981 | -918,824 | -893,367 | 188,094 | 2,121,360 |
| Creditors | -24,187 | -99,297 | 73,896 | 150,519 | -41,315 | 24,302 | 74,351 | 146,364 |
| Accruals and Deferred Income | -152,591 | -15,840 | 67,736 | 336,131 | 20,435 | 114,369 | -212,679 | 794,639 |
| Deferred Taxes & Provisions | 37,127 | 98,131 | -1,351,353 | 793,030 | 772,340 | -1,780 | -83,708 | 1,322,710 |
| Cash flow from operations | 1,586,060 | 2,021,371 | 5,067 | 2,958,732 | 2,562,497 | 2,217,434 | -1,488 | 377,453 |
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 435,548 | -13,090,294 | -169,999 | 14,577,717 | -622,110 | 622,110 | ||
| cash flow from investments | -435,548 | 13,090,294 | ||||||
| Financing Activities | ||||||||
| Bank loans | 11,246 | 17,144 | -66,453 | -11,062 | 5,899 | -1 | 260,816 | |
| Group/Directors Accounts | -10,000 | 10,000 | ||||||
| Other Short Term Loans | ||||||||
| Long term loans | -177,175 | -1,205,381 | -2,495,636 | -285,048 | -57,540 | -379,864 | -379,134 | 5,778,984 |
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | -5,263 | -50,871 | 46,350 | -8,712 | -216 | 694 | 5,205 | 6,593 |
| cash flow from financing | 23,989 | -1,201,108 | -2,489,839 | -776,907 | -51,857 | -379,171 | -373,929 | 14,890,652 |
| cash and cash equivalents | ||||||||
| cash | 535,582 | -1,459,260 | 317,228 | 2,022,882 | -167,535 | 1,553,689 | -93,868 | 1,595,843 |
| overdraft | ||||||||
| change in cash | 535,582 | -1,459,260 | 317,228 | 2,022,882 | -167,535 | 1,553,689 | -93,868 | 1,595,843 |
adara group limited Credit Report and Business Information
Adara Group Limited Competitor Analysis
Perform a competitor analysis for adara group limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other mid companies, companies in NN3 area or any other competitors across 12 key performance metrics.
adara group limited Ownership
ADARA GROUP LIMITED group structure
Adara Group Limited has 6 subsidiary companies.
Ultimate parent company
ADARA GROUP LIMITED
09962699
6 subsidiaries
adara group limited directors
Adara Group Limited currently has 2 directors. The longest serving directors include Mrs Sutinder Hanspaul (Jan 2016) and Mr Sandeep Hanspaul (Sep 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Sutinder Hanspaul | United Kingdom | 75 years | Jan 2016 | - | Director |
| Mr Sandeep Hanspaul | United Kingdom | 47 years | Sep 2019 | - | Director |
P&L
March 2024turnover
12.1m
+21%
operating profit
3.6m
+40%
gross margin
87.6%
+1.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
20.8m
+0.13%
total assets
24.8m
+0.1%
cash
4.3m
+0.14%
net assets
Total assets minus all liabilities
adara group limited company details
company number
09962699
Type
Private limited with Share Capital
industry
87300 - Residential care activities for the elderly and disabled
incorporation date
January 2016
age
9
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
ayceco (161) limited (February 2016)
accountant
-
auditor
CHENEY & CO
address
2 seedfield close, northampton, NN3 3PA
Bank
-
Legal Advisor
-
adara group 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 6 charges/mortgages relating to adara group limited. Currently there are 3 open charges and 3 have been satisfied in the past.
adara group 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 ADARA GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
adara group limited Companies House Filings - See Documents
| date | description | view/download |
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