aurem care (aaron house) limited
aurem care (aaron house) limited Company Information
Company Number
10370276
Next Accounts
Dec 2024
Industry
Residential care activities for the elderly and disabled
Shareholders
custodes acqco limited
Group Structure
View All
Contact
Registered Address
167-169 great portland street, 5th floor, london, W1W 5PF
Website
aaronhouse.co.ukaurem care (aaron house) limited Estimated Valuation
Pomanda estimates the enterprise value of AUREM CARE (AARON HOUSE) LIMITED at £4.2m based on a Turnover of £4.7m and 0.89x industry multiple (adjusted for size and gross margin).
aurem care (aaron house) limited Estimated Valuation
Pomanda estimates the enterprise value of AUREM CARE (AARON HOUSE) LIMITED at £6.2m based on an EBITDA of £919.7k and a 6.72x industry multiple (adjusted for size and gross margin).
aurem care (aaron house) limited Estimated Valuation
Pomanda estimates the enterprise value of AUREM CARE (AARON HOUSE) LIMITED at £4.9m based on Net Assets of £1.6m and 3.03x industry multiple (adjusted for liquidity).
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Aurem Care (aaron House) Limited Overview
Aurem Care (aaron House) Limited is a live company located in london, W1W 5PF with a Companies House number of 10370276. It operates in the residential care activities for the elderly and disabled sector, SIC Code 87300. Founded in September 2016, it's largest shareholder is custodes acqco limited with a 100% stake. Aurem Care (aaron House) Limited is a young, small sized company, Pomanda has estimated its turnover at £4.7m with healthy growth in recent years.
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Aurem Care (aaron House) Limited Health Check
Pomanda's financial health check has awarded Aurem Care (Aaron House) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
2 Weak
Size
annual sales of £4.7m, make it larger than the average company (£3m)
£4.7m - Aurem Care (aaron House) Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (4.4%)
15% - Aurem Care (aaron House) Limited
4.4% - Industry AVG
Production
with a gross margin of 33.1%, this company has a comparable cost of product (38.1%)
33.1% - Aurem Care (aaron House) Limited
38.1% - Industry AVG
Profitability
an operating margin of 14% make it more profitable than the average company (10.9%)
14% - Aurem Care (aaron House) Limited
10.9% - Industry AVG
Employees
with 106 employees, this is above the industry average (74)
106 - Aurem Care (aaron House) Limited
74 - Industry AVG
Pay Structure
on an average salary of £26.6k, the company has an equivalent pay structure (£22.3k)
£26.6k - Aurem Care (aaron House) Limited
£22.3k - Industry AVG
Efficiency
resulting in sales per employee of £44.2k, this is more efficient (£37.1k)
£44.2k - Aurem Care (aaron House) Limited
£37.1k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (15 days)
10 days - Aurem Care (aaron House) Limited
15 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Aurem Care (aaron House) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Aurem Care (aaron House) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (21 weeks)
5 weeks - Aurem Care (aaron House) Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.4%, this is a higher level of debt than the average (49.3%)
80.4% - Aurem Care (aaron House) Limited
49.3% - Industry AVG
AUREM CARE (AARON HOUSE) LIMITED financials
Aurem Care (Aaron House) Limited's latest turnover from March 2023 is £4.7 million and the company has net assets of £1.6 million. According to their latest financial statements, Aurem Care (Aaron House) Limited has 106 employees and maintains cash reserves of £34.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Turnover | 4,688,083 | 3,490,535 | 3,082,829 | 2,995,404 | 2,583,048 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 3,136,338 | 2,366,006 | 2,241,524 | 2,065,478 | 1,676,570 | 0 |
| Gross Profit | 1,551,745 | 1,124,529 | 841,305 | 929,926 | 906,478 | 0 |
| Admin Expenses | 897,445 | 406,726 | 485,164 | 767,589 | 820,207 | 0 |
| Operating Profit | 654,300 | 717,803 | 356,141 | 162,337 | 86,271 | 0 |
| Interest Payable | 106,454 | 82,507 | 84,935 | 50,051 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 688 | 0 | 0 |
| Pre-Tax Profit | 547,846 | 635,296 | 271,206 | -2,272,089 | 86,271 | 0 |
| Tax | 0 | -1,792 | -20,324 | -9,620 | 0 | 0 |
| Profit After Tax | 547,846 | 633,504 | 250,882 | -2,281,709 | 86,271 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 547,846 | 633,504 | 250,882 | -2,281,709 | 86,271 | 0 |
| Employee Costs | 2,821,648 | 2,113,779 | 1,990,111 | 1,864,615 | 1,459,859 | 0 |
| Number Of Employees | 106 | 117 | 116 | 115 | 110 | |
| EBITDA* | 919,714 | 769,295 | 545,203 | 349,488 | 237,289 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 5,772,949 | 5,983,633 | 6,001,549 | 6,086,484 | 5,965,410 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 2,141,570 | 3,568,016 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 7,914,519 | 9,551,649 | 6,001,549 | 6,086,484 | 5,965,410 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 139,870 | 31,793 | 42,220 | 166,713 | 154,930 | 0 |
| Group Debtors | 0 | 0 | 3,072,959 | 305,558 | 0 | 0 |
| Misc Debtors | 188,228 | 73,507 | 73,340 | 50,434 | 66,263 | 1 |
| Cash | 34,730 | 42,441 | 109,127 | 68,267 | 200,241 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 362,828 | 147,741 | 3,297,646 | 590,972 | 421,434 | 1 |
| total assets | 8,277,347 | 9,699,390 | 9,299,195 | 6,677,456 | 6,386,844 | 1 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 6,193,036 | 6,250,536 | 6,096,748 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 1,391 | 2,039 | 2,018 | 528 | 0 | 0 |
| other current liabilities | 335,412 | 212,488 | 252,248 | 233,924 | 203,824 | 0 |
| total current liabilities | 336,803 | 214,527 | 6,447,302 | 6,484,988 | 6,300,572 | 0 |
| loans | 3,918,841 | 6,004,300 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 2,368,109 | 2,374,815 | 2,381,441 | 2,378,285 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 31,736 | 31,736 | 29,944 | 9,620 | 0 | 0 |
| total long term liabilities | 6,318,686 | 8,410,851 | 2,411,385 | 2,387,905 | 0 | 0 |
| total liabilities | 6,655,489 | 8,625,378 | 8,858,687 | 8,872,893 | 6,300,572 | 0 |
| net assets | 1,621,858 | 1,074,012 | 440,508 | -2,195,437 | 86,272 | 1 |
| total shareholders funds | 1,621,858 | 1,074,012 | 440,508 | -2,195,437 | 86,272 | 1 |
| Mar 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 654,300 | 717,803 | 356,141 | 162,337 | 86,271 | 0 |
| Depreciation | 265,414 | 51,492 | 189,062 | 187,151 | 151,018 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | -1,792 | -20,324 | -9,620 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,469,668 | 484,797 | 2,665,814 | 301,512 | 221,192 | 1 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 335,412 | -39,760 | 18,324 | 30,100 | 203,824 | 0 |
| Deferred Taxes & Provisions | 31,736 | 1,792 | 20,324 | 9,620 | 0 | 0 |
| Cash flow from operations | -1,182,806 | 244,738 | -2,102,287 | 78,076 | 219,921 | -1 |
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -6,193,036 | -57,500 | 153,788 | 6,096,748 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 3,918,841 | 6,004,300 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 2,369,500 | -6,605 | 4,646 | 2,378,813 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | -106,454 | -82,507 | -84,935 | -49,363 | 0 | 0 |
| cash flow from financing | 7,255,899 | -277,848 | 2,247,274 | 2,483,238 | 6,096,748 | 1 |
| cash and cash equivalents | ||||||
| cash | 34,730 | -66,686 | 40,860 | -131,974 | 200,241 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 34,730 | -66,686 | 40,860 | -131,974 | 200,241 | 0 |
aurem care (aaron house) limited Credit Report and Business Information
Aurem Care (aaron House) Limited Competitor Analysis
Perform a competitor analysis for aurem care (aaron house) limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in W1W area or any other competitors across 12 key performance metrics.
aurem care (aaron house) limited Ownership
AUREM CARE (AARON HOUSE) LIMITED group structure
Aurem Care (Aaron House) Limited has no subsidiary companies.
Ultimate parent company
2 parents
AUREM CARE (AARON HOUSE) LIMITED
10370276
aurem care (aaron house) limited directors
Aurem Care (Aaron House) Limited currently has 9 directors. The longest serving directors include Mr Alexander Pope (May 2019) and Ms Joanne Wildman (May 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alexander Pope | United Kingdom | 41 years | May 2019 | - | Director |
| Ms Joanne Wildman | England | 56 years | May 2019 | - | Director |
| Mr Ken Hillen | Scotland | 68 years | Jan 2022 | - | Director |
| Mr John Godden | England | 59 years | Jan 2022 | - | Director |
| Mr John Godden | England | 59 years | Jan 2022 | - | Director |
| Mr Kenneth Hillen | 68 years | Jan 2022 | - | Director | |
| Mrs Elaine Gilvear | England | 64 years | Jul 2022 | - | Director |
| Mr Simon Adcock | United Kingdom | 49 years | Feb 2023 | - | Director |
| Mrs Leah Marsh | England | 48 years | Sep 2024 | - | Director |
P&L
March 2023turnover
4.7m
0%
operating profit
654.3k
0%
gross margin
33.1%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.6m
0%
total assets
8.3m
0%
cash
34.7k
0%
net assets
Total assets minus all liabilities
aurem care (aaron house) limited company details
company number
10370276
Type
Private limited with Share Capital
industry
87300 - Residential care activities for the elderly and disabled
incorporation date
September 2016
age
8
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
aaron house limited (August 2024)
accountant
-
auditor
KEELINGS LIMITED
address
167-169 great portland street, 5th floor, london, W1W 5PF
Bank
-
Legal Advisor
-
aurem care (aaron house) 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 9 charges/mortgages relating to aurem care (aaron house) limited. Currently there are 7 open charges and 2 have been satisfied in the past.
aurem care (aaron house) 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 AUREM CARE (AARON HOUSE) LIMITED. This can take several minutes, an email will notify you when this has completed.
aurem care (aaron house) limited Companies House Filings - See Documents
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