aspens charities
aspens charities Company Information
Group Structure
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Industry
Residential care activities for the elderly and disabled
+2Registered Address
aspens cornford lane, pembury, kent, TN2 4QU
Website
www.aspens.org.ukaspens charities Estimated Valuation
Pomanda estimates the enterprise value of ASPENS CHARITIES at £18.4m based on a Turnover of £19.4m and 0.95x industry multiple (adjusted for size and gross margin).
aspens charities Estimated Valuation
Pomanda estimates the enterprise value of ASPENS CHARITIES at £6.6m based on an EBITDA of £807.4k and a 8.12x industry multiple (adjusted for size and gross margin).
aspens charities Estimated Valuation
Pomanda estimates the enterprise value of ASPENS CHARITIES at £17.5m based on Net Assets of £5.7m and 3.05x industry multiple (adjusted for liquidity).
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Aspens Charities Overview
Aspens Charities is a live company located in kent, TN2 4QU with a Companies House number of 10342980. It operates in the residential care activities for mental difficulties, mental health and substance abuse sector, SIC Code 87200. Founded in August 2016, it's largest shareholder is unknown. Aspens Charities is a young, mid sized company, Pomanda has estimated its turnover at £19.4m with healthy growth in recent years.
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Aspens Charities Health Check
Pomanda's financial health check has awarded Aspens Charities a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £19.4m, make it larger than the average company (£2.6m)
£19.4m - Aspens Charities
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (5.9%)
13% - Aspens Charities
5.9% - Industry AVG
Production
with a gross margin of 34.8%, this company has a comparable cost of product (34.8%)
34.8% - Aspens Charities
34.8% - Industry AVG
Profitability
an operating margin of 2.4% make it less profitable than the average company (6.1%)
2.4% - Aspens Charities
6.1% - Industry AVG
Employees
with 591 employees, this is above the industry average (61)
591 - Aspens Charities
61 - Industry AVG
Pay Structure
on an average salary of £26.3k, the company has an equivalent pay structure (£23.6k)
£26.3k - Aspens Charities
£23.6k - Industry AVG
Efficiency
resulting in sales per employee of £32.8k, this is equally as efficient (£37.1k)
£32.8k - Aspens Charities
£37.1k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is later than average (18 days)
47 days - Aspens Charities
18 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is slower than average (9 days)
19 days - Aspens Charities
9 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Aspens Charities
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 24 weeks, this is less cash available to meet short term requirements (106 weeks)
24 weeks - Aspens Charities
106 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.3%, this is a higher level of debt than the average (30.9%)
41.3% - Aspens Charities
30.9% - Industry AVG
ASPENS CHARITIES financials
Aspens Charities's latest turnover from March 2024 is £19.4 million and the company has net assets of £5.7 million. According to their latest financial statements, Aspens Charities has 591 employees and maintains cash reserves of £1.4 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 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 19,361,042 | 16,213,412 | 14,554,726 | 13,304,899 | 12,952,241 | 12,786,299 | 13,312,502 | 12,625,221 | 12,886,484 |
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | 284,025 | -920,335 | 24,894 | 563,293 | -1,021,171 | -926,076 | -865,551 | 392,355 | 71,243 |
| Tax | |||||||||
| Profit After Tax | 284,025 | -920,335 | 24,894 | 563,293 | -1,021,171 | -926,076 | -865,551 | 392,355 | 71,243 |
| Dividends Paid | |||||||||
| Retained Profit | 284,025 | -920,335 | 24,894 | 563,293 | -1,021,171 | -926,076 | -865,551 | 392,355 | 71,243 |
| Employee Costs | 15,545,776 | 14,042,344 | 11,966,737 | 10,384,367 | 11,465,987 | 10,942,577 | 9,548,003 | 9,343,151 | 9,561,139 |
| Number Of Employees | 591 | 526 | 492 | 476 | 479 | 493 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,084,636 | 3,100,634 | 3,516,207 | 3,854,801 | 3,797,936 | 5,091,261 | 5,819,961 | 5,338,709 | 5,352,912 |
| Intangible Assets | |||||||||
| Investments & Other | 1,501,444 | 1,357,707 | 1,449,115 | 1,423,748 | 1,160,862 | 1,252,194 | 1,211,107 | 1,217,051 | 1,065,242 |
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 4,586,080 | 4,458,341 | 4,965,322 | 5,278,549 | 4,958,798 | 6,343,455 | 7,031,068 | 6,555,760 | 6,418,154 |
| Stock & work in progress | 40 | ||||||||
| Trade Debtors | 2,530,757 | 1,066,188 | 947,038 | 1,295,816 | 650,786 | 970,564 | 1,601,984 | 589,596 | 904,101 |
| Group Debtors | 126,513 | ||||||||
| Misc Debtors | 399,271 | 862,590 | 843,881 | 764,915 | 556,650 | 343,233 | 527,959 | ||
| Cash | 1,394,732 | 931,760 | 1,437,791 | 1,644,869 | 1,436,164 | 1,030,965 | 1,255,312 | 2,616,057 | 2,431,951 |
| misc current assets | 837,717 | 1,145,885 | 778,724 | ||||||
| total current assets | 5,162,477 | 4,006,423 | 4,007,434 | 2,940,685 | 2,851,865 | 2,558,179 | 2,857,296 | 3,675,399 | 3,864,051 |
| total assets | 9,748,557 | 8,464,764 | 8,972,756 | 8,219,234 | 7,810,663 | 8,901,634 | 9,888,364 | 10,231,159 | 10,282,205 |
| Bank overdraft | 187,200 | 141,239 | 1,545,202 | 229,252 | 2,270,219 | 230,761 | 208,238 | 211,387 | |
| Bank loan | |||||||||
| Trade Creditors | 676,134 | 673,047 | 637,911 | 1,706,843 | 615,089 | 635,721 | 334,785 | 197,297 | 191,511 |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | 4,554 | 4,554 | 4,554 | ||||||
| other current liabilities | 2,118,274 | 1,659,416 | 1,452,394 | 701,171 | 521,086 | 702,188 | 700,190 | 940,870 | |
| total current liabilities | 2,981,608 | 2,473,702 | 3,635,507 | 1,706,843 | 1,545,512 | 3,427,026 | 1,272,288 | 1,110,279 | 1,348,322 |
| loans | 1,044,952 | 1,149,097 | 1,495,661 | 1,811,714 | 2,269,239 | 1,924,518 | 2,125,322 | ||
| hp & lease commitments | 2,277 | 6,831 | 11,385 | ||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | 1,044,952 | 1,149,097 | 1,495,661 | 1,811,714 | 2,271,516 | 1,931,349 | 2,136,707 | ||
| total liabilities | 4,026,560 | 3,622,799 | 3,635,507 | 3,202,504 | 3,357,226 | 3,427,026 | 3,543,804 | 3,041,628 | 3,485,029 |
| net assets | 5,721,997 | 4,841,965 | 5,337,249 | 5,016,730 | 4,453,437 | 5,474,608 | 6,344,560 | 7,189,531 | 6,797,176 |
| total shareholders funds | 5,721,997 | 4,841,965 | 5,337,249 | 5,016,730 | 4,453,437 | 5,474,608 | 6,344,560 | 7,189,531 | 6,797,176 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 347,886 | 344,896 | 313,928 | 239,267 | 257,819 | 292,089 | 612,317 | 391,253 | |
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | -40 | 40 | |||||||
| Debtors | 1,001,250 | 137,859 | 495,103 | -119,885 | -111,513 | -74,770 | 542,642 | -372,718 | 1,432,060 |
| Creditors | 3,087 | 35,136 | -1,068,932 | 1,091,754 | -20,632 | 300,936 | 137,488 | 5,786 | 191,511 |
| Accruals and Deferred Income | 458,858 | 207,022 | 1,452,394 | -701,171 | 180,085 | -181,102 | 1,998 | -240,680 | 940,870 |
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | 356,020 | -702,526 | -391,707 | -770,590 | |||||
| Change in Investments | 143,737 | -91,408 | 25,367 | 262,886 | -91,332 | 41,087 | -5,944 | 151,809 | 1,065,242 |
| cash flow from investments | -143,737 | 91,408 | -25,367 | -262,886 | 91,332 | 314,933 | -696,582 | -543,516 | -1,835,832 |
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | -104,145 | 1,149,097 | -1,495,661 | -316,053 | 1,811,714 | -2,269,239 | 344,721 | -200,804 | 2,125,322 |
| Hire Purchase and Lease Commitments | -6,831 | -4,554 | -4,554 | 15,939 | |||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | 491,862 | 1,574,148 | -1,200,036 | -316,053 | 1,811,714 | -2,219,946 | 360,747 | -205,358 | 8,867,194 |
| cash and cash equivalents | |||||||||
| cash | 462,972 | -506,031 | -207,078 | 208,705 | 405,199 | -224,347 | -1,360,745 | 184,106 | 2,431,951 |
| overdraft | 45,961 | -1,403,963 | 1,545,202 | -229,252 | -2,040,967 | 2,039,458 | 22,523 | -3,149 | 211,387 |
| change in cash | 417,011 | 897,932 | -1,752,280 | 437,957 | 2,446,166 | -2,263,805 | -1,383,268 | 187,255 | 2,220,564 |
aspens charities Credit Report and Business Information
Aspens Charities Competitor Analysis
Perform a competitor analysis for aspens charities by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other mid companies, companies in TN2 area or any other competitors across 12 key performance metrics.
aspens charities Ownership
ASPENS CHARITIES group structure
Aspens Charities has no subsidiary companies.
Ultimate parent company
ASPENS CHARITIES
10342980
aspens charities directors
Aspens Charities currently has 7 directors. The longest serving directors include Ms Gillian Marcus (Aug 2016) and Dr Peter Green (Oct 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Gillian Marcus | United Kingdom | 65 years | Aug 2016 | - | Director |
| Dr Peter Green | United Kingdom | 75 years | Oct 2016 | - | Director |
| Mr Adrian Batchelor | United Kingdom | 67 years | Dec 2019 | - | Director |
| Miss Carmen Di Cara | United Kingdom | 40 years | May 2021 | - | Director |
| Mr Luke Holbrook | United Kingdom | 33 years | Dec 2022 | - | Director |
| Mrs Karen Roberts | United Kingdom | 58 years | Mar 2024 | - | Director |
| Mrs Miriam Josiah | United Kingdom | 34 years | Mar 2024 | - | Director |
P&L
March 2024turnover
19.4m
+19%
operating profit
459.5k
0%
gross margin
34.8%
+0.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
5.7m
+0.18%
total assets
9.7m
+0.15%
cash
1.4m
+0.5%
net assets
Total assets minus all liabilities
aspens charities company details
company number
10342980
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
87200 - Residential care activities for learning disabilities, mental health and substance abuse
87300 - Residential care activities for the elderly and disabled
88100 - Social work activities without accommodation for the elderly and disabled
incorporation date
August 2016
age
9
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
MHA
address
aspens cornford lane, pembury, kent, TN2 4QU
Bank
NATIONAL WESTMINSTER BANK PLC, NATIONAL WESTMINSTER BANK PLC
Legal Advisor
CRIPPS PEMBERTON GREENISH
aspens charities 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 2 charges/mortgages relating to aspens charities. Currently there are 2 open charges and 0 have been satisfied in the past.
aspens charities 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 ASPENS CHARITIES. This can take several minutes, an email will notify you when this has completed.
aspens charities Companies House Filings - See Documents
| date | description | view/download |
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