24/7 care solutions limited
24/7 care solutions limited Company Information
Company Number
10459608
Next Accounts
Dec 2024
Industry
Temporary employment agency activities
Shareholders
jees kurian
jomon kochuparambil punnoose
View AllGroup Structure
View All
Contact
Registered Address
12 worcester road, worcester road, norwich, NR5 0UJ
Website
247caresolutions.co.uk24/7 care solutions limited Estimated Valuation
Pomanda estimates the enterprise value of 24/7 CARE SOLUTIONS LIMITED at £449.2k based on a Turnover of £2.7m and 0.16x industry multiple (adjusted for size and gross margin).
24/7 care solutions limited Estimated Valuation
Pomanda estimates the enterprise value of 24/7 CARE SOLUTIONS LIMITED at £406.9k based on an EBITDA of £134.6k and a 3.02x industry multiple (adjusted for size and gross margin).
24/7 care solutions limited Estimated Valuation
Pomanda estimates the enterprise value of 24/7 CARE SOLUTIONS LIMITED at £1.2m based on Net Assets of £719.8k and 1.64x industry multiple (adjusted for liquidity).
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24/7 Care Solutions Limited Overview
24/7 Care Solutions Limited is a dissolved company that was located in norwich, NR5 0UJ with a Companies House number of 10459608. It operated in the temporary employment agency activities sector, SIC Code 78200. Founded in November 2016, it's largest shareholder was jees kurian with a 33.3% stake. The last turnover for 24/7 Care Solutions Limited was estimated at £2.7m.
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24/7 Care Solutions Limited Health Check
Pomanda's financial health check has awarded 24/7 Care Solutions Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
3 Weak
Size
annual sales of £2.7m, make it smaller than the average company (£14.3m)
- 24/7 Care Solutions Limited
£14.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (5.1%)
- 24/7 Care Solutions Limited
5.1% - Industry AVG
Production
with a gross margin of 18.2%, this company has a comparable cost of product (18.2%)
- 24/7 Care Solutions Limited
18.2% - Industry AVG
Profitability
an operating margin of 4.9% make it more profitable than the average company (2.6%)
- 24/7 Care Solutions Limited
2.6% - Industry AVG
Employees
with 10 employees, this is below the industry average (50)
10 - 24/7 Care Solutions Limited
50 - Industry AVG
Pay Structure
on an average salary of £49.8k, the company has an equivalent pay structure (£49.8k)
- 24/7 Care Solutions Limited
£49.8k - Industry AVG
Efficiency
resulting in sales per employee of £273k, this is equally as efficient (£273k)
- 24/7 Care Solutions Limited
£273k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- 24/7 Care Solutions Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- 24/7 Care Solutions Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- 24/7 Care Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is more cash available to meet short term requirements (5 weeks)
8 weeks - 24/7 Care Solutions Limited
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.4%, this is a lower level of debt than the average (73.8%)
4.4% - 24/7 Care Solutions Limited
73.8% - Industry AVG
24/7 CARE SOLUTIONS LIMITED financials
24/7 Care Solutions Limited's latest turnover from November 2023 is estimated at £2.7 million and the company has net assets of £719.8 thousand. According to their latest financial statements, 24/7 Care Solutions Limited has 10 employees and maintains cash reserves of £5.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 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 | 10 | 10 | 101 | 46 | 74 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 643 | 16,597 | 7,292 | 7,326 | 0 | 0 | 0 |
| 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 | 643 | 16,597 | 7,292 | 7,326 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 403,854 | 138,024 | 8,973 | 91,623 | 5,670 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 5,253 | 492,548 | 0 | 0 | 96,729 | 0 | 14,158 |
| misc current assets | 746,756 | 219,595 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 752,009 | 712,143 | 403,854 | 138,024 | 105,702 | 91,623 | 19,828 |
| total assets | 752,652 | 728,740 | 411,146 | 145,350 | 105,702 | 91,623 | 19,828 |
| Bank overdraft | 0 | 35,655 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 214,975 | 83,638 | 37,880 | 61,802 | 19,827 |
| Group/Directors Accounts | 0 | 2,098 | 0 | 0 | 27,953 | 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 | 32,889 | 80,253 | 0 | 0 | 603 | 0 | 0 |
| total current liabilities | 32,889 | 118,006 | 214,975 | 83,638 | 66,436 | 61,802 | 19,827 |
| 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 | 34,676 | 50,000 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 34,676 | 50,000 | 0 | 0 | 0 |
| total liabilities | 32,889 | 118,006 | 249,651 | 133,638 | 66,436 | 61,802 | 19,827 |
| net assets | 719,763 | 610,734 | 161,495 | 11,712 | 39,266 | 29,821 | 1 |
| total shareholders funds | 719,763 | 610,734 | 161,495 | 11,712 | 39,266 | 29,821 | 1 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 316 | 8,174 | 1,831 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | -403,854 | 265,830 | 129,051 | -82,650 | 85,953 | 5,670 |
| Creditors | 0 | -214,975 | 131,337 | 45,758 | -23,922 | 41,975 | 19,827 |
| Accruals and Deferred Income | -47,364 | 80,253 | 0 | -603 | 603 | 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 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -2,098 | 2,098 | 0 | -27,953 | 27,953 | 0 | 0 |
| 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 | -34,676 | -15,324 | 50,000 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -487,295 | 492,548 | 0 | -96,729 | 96,729 | -14,158 | 14,158 |
| overdraft | -35,655 | 35,655 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -451,640 | 456,893 | 0 | -96,729 | 96,729 | -14,158 | 14,158 |
24/7 care solutions limited Credit Report and Business Information
24/7 Care Solutions Limited Competitor Analysis
Perform a competitor analysis for 24/7 care solutions limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in NR5 area or any other competitors across 12 key performance metrics.
24/7 care solutions limited Ownership
24/7 CARE SOLUTIONS LIMITED group structure
24/7 Care Solutions Limited has no subsidiary companies.
Ultimate parent company
24/7 CARE SOLUTIONS LIMITED
10459608
24/7 care solutions limited directors
24/7 Care Solutions Limited currently has 3 directors. The longest serving directors include Mr Jomon Kochuparambil Punnoose (Feb 2018) and Mr Jees Kurian (Feb 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jomon Kochuparambil Punnoose | England | 50 years | Feb 2018 | - | Director |
| Mr Jees Kurian | United Kingdom | 45 years | Feb 2018 | - | Director |
| Mr Joseph Cheruvallipparambil Sebastian | England | 49 years | Mar 2019 | - | Director |
P&L
November 2023turnover
2.7m
+6%
operating profit
134.3k
0%
gross margin
18.2%
+4.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
719.8k
+0.18%
total assets
752.7k
+0.03%
cash
5.3k
-0.99%
net assets
Total assets minus all liabilities
24/7 care solutions limited company details
company number
10459608
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
November 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
12 worcester road, worcester road, norwich, NR5 0UJ
Bank
-
Legal Advisor
-
24/7 care solutions 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 24/7 care solutions limited.
24/7 care solutions limited Companies House Filings - See Documents
| date | description | view/download |
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