open heart care ltd
open heart care ltd Company Information
Company Number
10144717
Next Accounts
Jan 2026
Directors
Shareholders
ahmed hassan abdulahi
fadumo abdi roobleh
Group Structure
View All
Industry
Other social work activities without accommodation n.e.c.
Registered Address
studio 10, floor 2, park royal w, park royal road, london, NW10 7LQ
Website
www.openheartcare.orgopen heart care ltd Estimated Valuation
Pomanda estimates the enterprise value of OPEN HEART CARE LTD at £434.5k based on a Turnover of £1.3m and 0.35x industry multiple (adjusted for size and gross margin).
open heart care ltd Estimated Valuation
Pomanda estimates the enterprise value of OPEN HEART CARE LTD at £46.7k based on an EBITDA of £12.9k and a 3.61x industry multiple (adjusted for size and gross margin).
open heart care ltd Estimated Valuation
Pomanda estimates the enterprise value of OPEN HEART CARE LTD at £274.8k based on Net Assets of £114.4k and 2.4x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Open Heart Care Ltd Overview
Open Heart Care Ltd is a live company located in london, NW10 7LQ with a Companies House number of 10144717. It operates in the other social work activities without accommodation n.e.c. sector, SIC Code 88990. Founded in April 2016, it's largest shareholder is ahmed hassan abdulahi with a 80% stake. Open Heart Care Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.3m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Open Heart Care Ltd Health Check
Pomanda's financial health check has awarded Open Heart Care Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £1.3m, make it larger than the average company (£462.8k)
- Open Heart Care Ltd
£462.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (6.6%)
- Open Heart Care Ltd
6.6% - Industry AVG
Production
with a gross margin of 32.2%, this company has a higher cost of product (75.1%)
- Open Heart Care Ltd
75.1% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (3.5%)
- Open Heart Care Ltd
3.5% - Industry AVG
Employees
with 45 employees, this is above the industry average (13)
45 - Open Heart Care Ltd
13 - Industry AVG
Pay Structure
on an average salary of £25.7k, the company has an equivalent pay structure (£25.7k)
- Open Heart Care Ltd
£25.7k - Industry AVG
Efficiency
resulting in sales per employee of £27.9k, this is less efficient (£41.7k)
- Open Heart Care Ltd
£41.7k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is later than average (13 days)
- Open Heart Care Ltd
13 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is slower than average (5 days)
- Open Heart Care Ltd
5 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Open Heart Care Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Open Heart Care Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.8%, this is a higher level of debt than the average (12.9%)
37.8% - Open Heart Care Ltd
12.9% - Industry AVG
OPEN HEART CARE LTD financials
Open Heart Care Ltd's latest turnover from April 2024 is estimated at £1.3 million and the company has net assets of £114.4 thousand. According to their latest financial statements, Open Heart Care Ltd has 45 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 45 | 68 | 85 | 59 | 67 | 65 | 50 | 15 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 21,232 | 13,806 | 5,424 | 6,780 | 8,475 | 49,800 | 1,980 | 642 |
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 21,232 | 13,806 | 5,424 | 6,780 | 8,475 | 49,800 | 1,980 | 642 |
| Stock & work in progress | ||||||||
| Trade Debtors | 162,563 | 214,304 | 153,069 | 36,182 | 127,404 | 67,767 | 19,241 | 5,012 |
| Group Debtors | ||||||||
| Misc Debtors | ||||||||
| Cash | 95,342 | 12,381 | 4,271 | |||||
| misc current assets | ||||||||
| total current assets | 162,563 | 214,304 | 153,069 | 131,524 | 127,404 | 67,767 | 31,622 | 9,283 |
| total assets | 183,795 | 228,110 | 158,493 | 138,304 | 135,879 | 117,567 | 33,602 | 9,925 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 60,596 | 100,338 | 38,083 | 44,325 | 54,999 | 37,261 | 4,499 | 868 |
| Group/Directors Accounts | 1,227 | |||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | ||||||||
| total current liabilities | 60,596 | 100,338 | 38,083 | 44,325 | 54,999 | 37,261 | 5,726 | 868 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 8,839 | 23,124 | 21,332 | 5,336 | ||||
| provisions | ||||||||
| total long term liabilities | 8,839 | 23,124 | 21,332 | 5,336 | ||||
| total liabilities | 69,435 | 123,462 | 59,415 | 49,661 | 54,999 | 37,261 | 5,726 | 868 |
| net assets | 114,360 | 104,648 | 99,078 | 88,643 | 80,880 | 80,306 | 27,876 | 9,057 |
| total shareholders funds | 114,360 | 104,648 | 99,078 | 88,643 | 80,880 | 80,306 | 27,876 | 9,057 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 1,356 | 1,695 | 495 | 160 | ||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | -51,741 | 61,235 | 116,887 | -91,222 | 59,637 | 48,526 | 14,229 | 5,012 |
| Creditors | -39,742 | 62,255 | -6,242 | -10,674 | 17,738 | 32,762 | 3,631 | 868 |
| Accruals and Deferred Income | ||||||||
| 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 | -1,227 | 1,227 | ||||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | -14,285 | 1,792 | 15,996 | 5,336 | ||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -95,342 | 95,342 | -12,381 | 8,110 | 4,271 | |||
| overdraft | ||||||||
| change in cash | -95,342 | 95,342 | -12,381 | 8,110 | 4,271 |
open heart care ltd Credit Report and Business Information
Open Heart Care Ltd Competitor Analysis
Perform a competitor analysis for open heart care ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in NW10 area or any other competitors across 12 key performance metrics.
open heart care ltd Ownership
OPEN HEART CARE LTD group structure
Open Heart Care Ltd has no subsidiary companies.
Ultimate parent company
OPEN HEART CARE LTD
10144717
open heart care ltd directors
Open Heart Care Ltd currently has 1 director, Mr Ahmed Abdulahi serving since Jul 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ahmed Abdulahi | England | 52 years | Jul 2023 | - | Director |
P&L
April 2024turnover
1.3m
-26%
operating profit
12.9k
0%
gross margin
32.3%
+7.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
114.4k
+0.09%
total assets
183.8k
-0.19%
cash
0
0%
net assets
Total assets minus all liabilities
open heart care ltd company details
company number
10144717
Type
Private limited with Share Capital
industry
88990 - Other social work activities without accommodation n.e.c.
incorporation date
April 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
studio 10, floor 2, park royal w, park royal road, london, NW10 7LQ
Bank
-
Legal Advisor
-
open heart care 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 open heart care ltd.
open heart care ltd 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 OPEN HEART CARE LTD. This can take several minutes, an email will notify you when this has completed.
open heart care ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
