city care agency ltd
city care agency ltd Company Information
Company Number
10110935
Registered Address
102 mile end road, london, E1 4UN
Industry
Other social work activities without accommodation n.e.c.
Other transportation support activities
Telephone
02034412577
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
abokor suliman ahmed 50%
abdi hassan 50%
city care agency ltd Estimated Valuation
Pomanda estimates the enterprise value of CITY CARE AGENCY LTD at £1.9m based on a Turnover of £5.6m and 0.34x industry multiple (adjusted for size and gross margin).
city care agency ltd Estimated Valuation
Pomanda estimates the enterprise value of CITY CARE AGENCY LTD at £1.4m based on an EBITDA of £582.2k and a 2.46x industry multiple (adjusted for size and gross margin).
city care agency ltd Estimated Valuation
Pomanda estimates the enterprise value of CITY CARE AGENCY LTD at £542.1k based on Net Assets of £695.1k and 0.78x industry multiple (adjusted for liquidity).
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City Care Agency Ltd Overview
City Care Agency Ltd is a live company located in london, E1 4UN with a Companies House number of 10110935. It operates in the other transportation support activities sector, SIC Code 52290. Founded in April 2016, it's largest shareholder is abokor suliman ahmed with a 50% stake. City Care Agency Ltd is a young, mid sized company, Pomanda has estimated its turnover at £5.6m with rapid growth in recent years.
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City Care Agency Ltd Health Check
Pomanda's financial health check has awarded City Care Agency Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £5.6m, make it larger than the average company (£4m)
- City Care Agency Ltd
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of 251%, show it is growing at a faster rate (5.1%)
- City Care Agency Ltd
5.1% - Industry AVG
Production
with a gross margin of 16.1%, this company has a higher cost of product (35.7%)
- City Care Agency Ltd
35.7% - Industry AVG
Profitability
an operating margin of 10.2% make it more profitable than the average company (5%)
- City Care Agency Ltd
5% - Industry AVG
Employees
with 200 employees, this is above the industry average (21)
200 - City Care Agency Ltd
21 - Industry AVG
Pay Structure
on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)
- City Care Agency Ltd
£32.3k - Industry AVG
Efficiency
resulting in sales per employee of £28.2k, this is less efficient (£125.9k)
- City Care Agency Ltd
£125.9k - Industry AVG
Debtor Days
it gets paid by customers after 51 days, this is later than average (30 days)
- City Care Agency Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 68 days, this is slower than average (28 days)
- City Care Agency Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- City Care Agency Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 44 weeks, this is less cash available to meet short term requirements (97 weeks)
44 weeks - City Care Agency Ltd
97 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.1%, this is a higher level of debt than the average (49.2%)
56.1% - City Care Agency Ltd
49.2% - Industry AVG
CITY CARE AGENCY LTD financials
City Care Agency Ltd's latest turnover from March 2023 is estimated at £5.6 million and the company has net assets of £695.1 thousand. According to their latest financial statements, City Care Agency Ltd has 200 employees and maintains cash reserves of £762.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 96,295 | 50,444 | |||||
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | 3,712 | 269 | |||||
| Interest Payable | 0 | 0 | |||||
| Interest Receivable | |||||||
| Pre-Tax Profit | 3,712 | 269 | |||||
| Tax | -705 | -51 | |||||
| Profit After Tax | 3,007 | 218 | |||||
| Dividends Paid | 0 | 0 | |||||
| Retained Profit | 3,007 | 218 | |||||
| Employee Costs | 42,783 | 37,375 | |||||
| Number Of Employees | 200 | 109 | 67 | 4 | |||
| EBITDA* | 3,712 | 269 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 21,448 | 27,129 | 29,493 | 1,076 | 8,784 | 570 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 21,448 | 27,129 | 29,493 | 1,076 | 984 | 570 | 1 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 799,456 | 385,876 | 195,079 | 24,935 | 14,221 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 1,215 | 0 | 0 | 0 | 0 | 0 |
| Cash | 762,173 | 206,291 | 201,031 | 0 | 9,164 | 5,986 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,561,629 | 593,382 | 396,110 | 24,935 | 23,744 | 5,986 | 0 |
| total assets | 1,583,077 | 620,511 | 425,603 | 26,011 | 24,728 | 6,556 | 1 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 887,977 | 405,972 | 296,549 | 13,725 | 18,320 | 3,500 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 39,966 | 0 | 0 | 0 | 0 |
| total current liabilities | 887,977 | 405,972 | 336,515 | 13,725 | 21,720 | 6,337 | 0 |
| loans | 0 | 0 | 10,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 10,000 | 0 | 0 | 0 | 0 |
| total liabilities | 887,977 | 405,972 | 346,515 | 13,725 | 21,720 | 6,337 | 0 |
| net assets | 695,100 | 214,539 | 79,088 | 12,286 | 3,008 | 219 | 1 |
| total shareholders funds | 695,100 | 214,539 | 79,088 | 12,286 | 3,008 | 219 | 1 |
| Mar 2023 | Mar 2022 | Mar 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 3,712 | 269 | |||||
| Depreciation | 9,474 | 8,715 | 0 | 0 | |||
| Amortisation | 0 | 0 | 0 | 0 | |||
| Tax | -705 | -51 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 412,365 | 192,012 | 170,144 | 8,991 | 9,958 | 5,986 | 0 |
| Creditors | 482,005 | 109,423 | 282,824 | -4,595 | 14,820 | 3,500 | 0 |
| Accruals and Deferred Income | 0 | -39,966 | 39,966 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | -1 | 1 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -10,000 | 10,000 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 555,882 | 5,260 | 201,031 | -9,164 | 3,178 | 5,986 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 555,882 | 5,260 | 201,031 | -9,164 | 3,178 | 5,986 | 0 |
city care agency ltd Credit Report and Business Information
City Care Agency Ltd Competitor Analysis
Perform a competitor analysis for city care agency ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mid companies, companies in E 1 area or any other competitors across 12 key performance metrics.
city care agency ltd Ownership
CITY CARE AGENCY LTD group structure
City Care Agency Ltd has no subsidiary companies.
Ultimate parent company
CITY CARE AGENCY LTD
10110935
city care agency ltd directors
City Care Agency Ltd currently has 2 directors. The longest serving directors include Mr Abdi Hassan (Apr 2016) and Mr Abokor Ahmed (Jun 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Abdi Hassan | 50 years | Apr 2016 | - | Director | |
| Mr Abokor Ahmed | United Kingdom | 59 years | Jun 2020 | - | Director |
P&L
March 2023turnover
5.6m
+138%
operating profit
572.7k
0%
gross margin
16.1%
-11.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
695.1k
+2.24%
total assets
1.6m
+1.55%
cash
762.2k
+2.69%
net assets
Total assets minus all liabilities
city care agency ltd company details
company number
10110935
Type
Private limited with Share Capital
industry
79909 - Other reservation service and related activities (not including activities of tourist guides)
88990 - Other social work activities without accommodation n.e.c.
52290 - Other transportation support activities
incorporation date
April 2016
age
8
incorporated
UK
accounts
Unaudited Abridged
ultimate parent company
previous names
daallo care services ltd (April 2019)
last accounts submitted
March 2023
address
102 mile end road, london, E1 4UN
accountant
TAXCONNECT ACCOUNTANTS LTD
auditor
-
city care agency ltd 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 city care agency ltd.
city care agency ltd Companies House Filings - See Documents
| date | description | view/download |
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