abbotts care centre limited
abbotts care centre limited Company Information
Company Number
10187366
Website
-Registered Address
kalamu house 11 coldbath square, london, EC1R 5HL
Industry
Residential care activities for the elderly and disabled
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Osman Ertosun7 Years
Shareholders
molita limited 99%
osman ertosun 1%
abbotts care centre limited Estimated Valuation
Pomanda estimates the enterprise value of ABBOTTS CARE CENTRE LIMITED at £5.8m based on a Turnover of £6.7m and 0.86x industry multiple (adjusted for size and gross margin).
abbotts care centre limited Estimated Valuation
Pomanda estimates the enterprise value of ABBOTTS CARE CENTRE LIMITED at £1.4m based on an EBITDA of £275.2k and a 5.14x industry multiple (adjusted for size and gross margin).
abbotts care centre limited Estimated Valuation
Pomanda estimates the enterprise value of ABBOTTS CARE CENTRE LIMITED at £3.3m based on Net Assets of £1.1m and 2.91x industry multiple (adjusted for liquidity).
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Abbotts Care Centre Limited Overview
Abbotts Care Centre Limited is a live company located in london, EC1R 5HL with a Companies House number of 10187366. It operates in the residential care activities for the elderly and disabled sector, SIC Code 87300. Founded in May 2016, it's largest shareholder is molita limited with a 99% stake. Abbotts Care Centre Limited is a young, mid sized company, Pomanda has estimated its turnover at £6.7m with rapid growth in recent years.
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Abbotts Care Centre Limited Health Check
Pomanda's financial health check has awarded Abbotts Care Centre Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 6 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
6 Weak
Size
annual sales of £6.7m, make it larger than the average company (£3m)
£6.7m - Abbotts Care Centre Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (4.4%)
32% - Abbotts Care Centre Limited
4.4% - Industry AVG
Production
with a gross margin of 30.4%, this company has a higher cost of product (38.2%)
30.4% - Abbotts Care Centre Limited
38.2% - Industry AVG
Profitability
an operating margin of 2.6% make it less profitable than the average company (10.7%)
2.6% - Abbotts Care Centre Limited
10.7% - Industry AVG
Employees
with 109 employees, this is above the industry average (74)
109 - Abbotts Care Centre Limited
74 - Industry AVG
Pay Structure
on an average salary of £44.3k, the company has a higher pay structure (£22.4k)
£44.3k - Abbotts Care Centre Limited
£22.4k - Industry AVG
Efficiency
resulting in sales per employee of £61.8k, this is more efficient (£37.1k)
£61.8k - Abbotts Care Centre Limited
£37.1k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is later than average (15 days)
34 days - Abbotts Care Centre Limited
15 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (14 days)
4 days - Abbotts Care Centre Limited
14 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (0 days)
0 days - Abbotts Care Centre Limited
0 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 44 weeks, this is more cash available to meet short term requirements (23 weeks)
44 weeks - Abbotts Care Centre Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.6%, this is a higher level of debt than the average (48.3%)
78.6% - Abbotts Care Centre Limited
48.3% - Industry AVG
abbotts care centre limited Credit Report and Business Information
Abbotts Care Centre Limited Competitor Analysis
Perform a competitor analysis for abbotts care centre limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
abbotts care centre limited Ownership
ABBOTTS CARE CENTRE LIMITED group structure
Abbotts Care Centre Limited has no subsidiary companies.
Ultimate parent company
EXCEL PORTFOLIOS LTD
#0015318
2 parents
ABBOTTS CARE CENTRE LIMITED
10187366
abbotts care centre limited directors
Abbotts Care Centre Limited currently has 1 director, Mr Osman Ertosun serving since May 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Osman Ertosun | 57 years | May 2016 | - | Director |
ABBOTTS CARE CENTRE LIMITED financials
Abbotts Care Centre Limited's latest turnover from March 2023 is £6.7 million and the company has net assets of £1.1 million. According to their latest financial statements, Abbotts Care Centre Limited has 109 employees and maintains cash reserves of £3.6 million 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 | |
|---|---|---|---|---|---|---|---|
| Turnover | 6,736,948 | 4,514,169 | 4,526,039 | 2,930,351 | 2,412,160 | 2,317,346 | 1,586,937 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 4,687,267 | 3,114,459 | 2,739,005 | 2,174,957 | 2,157,305 | 2,214,316 | 1,813,286 |
| Gross Profit | 2,049,681 | 1,399,710 | 1,787,034 | 755,394 | 254,855 | 103,030 | -226,349 |
| Admin Expenses | 1,874,392 | 1,320,839 | -4,130,499 | 1,619,577 | 1,658,235 | 1,582,049 | 978,545 |
| Operating Profit | 175,289 | 78,871 | 5,917,533 | -864,183 | -1,403,380 | -1,479,019 | -1,204,894 |
| Interest Payable | 0 | 4 | 0 | 42 | 163 | 2 | 0 |
| Interest Receivable | 173 | 7 | 0 | 0 | 0 | 0 | 23 |
| Pre-Tax Profit | 175,462 | 78,874 | 5,917,533 | -864,225 | -1,403,543 | -1,479,021 | -1,204,871 |
| Tax | 0 | -22,119 | -79,593 | 0 | 0 | 0 | 0 |
| Profit After Tax | 175,462 | 56,755 | 5,837,940 | -864,225 | -1,403,543 | -1,479,021 | -1,204,871 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 175,462 | 56,755 | 5,837,940 | -864,225 | -1,403,543 | -1,479,021 | -1,204,871 |
| Employee Costs | 4,832,808 | 3,279,941 | 2,864,579 | 2,416,350 | 2,438,840 | 2,411,015 | 1,777,675 |
| Number Of Employees | 109 | 107 | 105 | 90 | 91 | 86 | 73 |
| EBITDA* | 275,150 | 140,611 | 5,992,690 | -812,588 | -1,354,317 | -1,445,825 | -1,170,014 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 584,368 | 420,522 | 464,989 | 194,366 | 187,962 | 143,694 | 123,313 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 584,368 | 420,522 | 464,989 | 194,366 | 187,962 | 143,694 | 123,313 |
| Stock & work in progress | 3,200 | 2,000 | 1,600 | 1,200 | 1,900 | 1,300 | 2,000 |
| Trade Debtors | 643,334 | 263,959 | 422,086 | 77,670 | 139,815 | 139,010 | 74,598 |
| Group Debtors | 0 | 676 | 0 | 23,618 | 22,930 | 19,737 | 18,960 |
| Misc Debtors | 495,652 | 469,708 | 399,610 | 10,388 | 9,098 | 41,904 | 26,809 |
| Cash | 3,551,563 | 1,497,485 | 453,865 | 5,811 | 500 | 500 | 500 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,693,749 | 2,233,828 | 1,277,161 | 118,687 | 174,243 | 202,451 | 122,867 |
| total assets | 5,278,117 | 2,654,350 | 1,742,150 | 313,053 | 362,205 | 346,145 | 246,180 |
| Bank overdraft | 0 | 0 | 0 | 0 | 29,947 | 42,658 | 48,540 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 62,688 | 52,120 | 22,369 | 55,332 | 25,305 | 40,478 | 33,080 |
| Group/Directors Accounts | 3,537,208 | 1,267,216 | 458,906 | 4,985,377 | 4,225,590 | 2,744,023 | 1,182,397 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 549,724 | 381,979 | 364,595 | 214,004 | 158,798 | 192,878 | 177,034 |
| total current liabilities | 4,149,620 | 1,701,315 | 845,870 | 5,254,713 | 4,439,640 | 3,020,037 | 1,441,051 |
| loans | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 4,149,620 | 1,701,315 | 845,870 | 5,254,713 | 4,439,640 | 3,020,037 | 1,441,051 |
| net assets | 1,128,497 | 953,035 | 896,280 | -4,941,660 | -4,077,435 | -2,673,892 | -1,194,871 |
| total shareholders funds | 1,128,497 | 953,035 | 896,280 | -4,941,660 | -4,077,435 | -2,673,892 | -1,194,871 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 175,289 | 78,871 | 5,917,533 | -864,183 | -1,403,380 | -1,479,019 | -1,204,894 |
| Depreciation | 99,861 | 61,740 | 75,157 | 51,595 | 49,063 | 33,194 | 34,880 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | -22,119 | -79,593 | 0 | 0 | 0 | 0 |
| Stock | 1,200 | 400 | 400 | -700 | 600 | -700 | 2,000 |
| Debtors | 404,643 | -87,353 | 710,020 | -60,167 | -28,808 | 80,284 | 120,367 |
| Creditors | 10,568 | 29,751 | -32,963 | 30,027 | -15,173 | 7,398 | 33,080 |
| Accruals and Deferred Income | 167,745 | 17,384 | 150,591 | 55,206 | -34,080 | 15,844 | 177,034 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 47,620 | 252,580 | 5,320,305 | -666,488 | -1,375,362 | -1,502,167 | -1,082,267 |
| Investing Activities | |||||||
| capital expenditure | 0 | 0 | 0 | 0 | -93,331 | -53,575 | -158,193 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -93,331 | -53,575 | -158,193 |
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 2,269,992 | 808,310 | -4,526,471 | 759,787 | 1,481,567 | 1,561,626 | 1,182,397 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 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 | 173 | 3 | 0 | -42 | -163 | -2 | 23 |
| cash flow from financing | 2,270,165 | 808,313 | -4,526,471 | 759,745 | 1,481,404 | 1,561,624 | 1,192,420 |
| cash and cash equivalents | |||||||
| cash | 2,054,078 | 1,043,620 | 448,054 | 5,311 | 0 | 0 | 500 |
| overdraft | 0 | 0 | 0 | -29,947 | -12,711 | -5,882 | 48,540 |
| change in cash | 2,054,078 | 1,043,620 | 448,054 | 35,258 | 12,711 | 5,882 | -48,040 |
P&L
March 2023turnover
6.7m
+49%
operating profit
175.3k
+122%
gross margin
30.5%
-1.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.1m
+0.18%
total assets
5.3m
+0.99%
cash
3.6m
+1.37%
net assets
Total assets minus all liabilities
Similar Companies
abbotts care centre limited company details
company number
10187366
Type
Private limited with Share Capital
industry
87300 - Residential care activities for the elderly and disabled
incorporation date
May 2016
age
8
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
kalamu house 11 coldbath square, london, EC1R 5HL
last accounts submitted
March 2023
abbotts care centre 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 abbotts care centre limited.
abbotts care centre limited Companies House Filings - See Documents
| date | description | view/download |
|---|
