evoke care group limited

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evoke care group limited Company Information

Share EVOKE CARE GROUP LIMITED

Company Number

10585966

Shareholders

yasin kalaz zaman

shubina udeen

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Group Structure

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Industry

Other residential care activities

 

Registered Address

the old house, 2 wellesley court road, croydon, CR0 1LE

evoke care group limited Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of EVOKE CARE GROUP LIMITED at £1.9m based on a Turnover of £2.9m and 0.65x industry multiple (adjusted for size and gross margin).

evoke care group limited Estimated Valuation

£732.1k

Pomanda estimates the enterprise value of EVOKE CARE GROUP LIMITED at £732.1k based on an EBITDA of £134k and a 5.46x industry multiple (adjusted for size and gross margin).

evoke care group limited Estimated Valuation

£527.6k

Pomanda estimates the enterprise value of EVOKE CARE GROUP LIMITED at £527.6k based on Net Assets of £198k and 2.66x industry multiple (adjusted for liquidity).

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Evoke Care Group Limited Overview

Evoke Care Group Limited is a live company located in croydon, CR0 1LE with a Companies House number of 10585966. It operates in the other residential care activities n.e.c. sector, SIC Code 87900. Founded in January 2017, it's largest shareholder is yasin kalaz zaman with a 49.5% stake. Evoke Care Group Limited is a young, small sized company, Pomanda has estimated its turnover at £2.9m with declining growth in recent years.

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Evoke Care Group Limited Health Check

Pomanda's financial health check has awarded Evoke Care Group Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £2.9m, make it larger than the average company (£2m)

£2.9m - Evoke Care Group Limited

£2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (5.2%)

-7% - Evoke Care Group Limited

5.2% - Industry AVG

production

Production

with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)

38.2% - Evoke Care Group Limited

38.2% - Industry AVG

profitability

Profitability

an operating margin of 4.5% make it less profitable than the average company (7.9%)

4.5% - Evoke Care Group Limited

7.9% - Industry AVG

employees

Employees

with 37 employees, this is below the industry average (51)

37 - Evoke Care Group Limited

51 - Industry AVG

paystructure

Pay Structure

on an average salary of £26.7k, the company has an equivalent pay structure (£26.7k)

£26.7k - Evoke Care Group Limited

£26.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £79.7k, this is more efficient (£45.8k)

£79.7k - Evoke Care Group Limited

£45.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 47 days, this is later than average (21 days)

47 days - Evoke Care Group Limited

21 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 5 days, this is quicker than average (10 days)

5 days - Evoke Care Group Limited

10 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Evoke Care Group Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 27 weeks, this is less cash available to meet short term requirements (56 weeks)

27 weeks - Evoke Care Group Limited

56 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 74.5%, this is a higher level of debt than the average (34.1%)

74.5% - Evoke Care Group Limited

34.1% - Industry AVG

EVOKE CARE GROUP LIMITED financials

EXPORTms excel logo

Evoke Care Group Limited's latest turnover from January 2024 is estimated at £2.9 million and the company has net assets of £198 thousand. According to their latest financial statements, Evoke Care Group Limited has 37 employees and maintains cash reserves of £278.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018
Turnover2,949,7491,822,0541,394,0783,670,0292,052,477586,2761,060,130
Other Income Or Grants
Cost Of Sales1,823,9351,074,572874,9052,346,2221,259,749360,249644,357
Gross Profit1,125,814747,481519,1731,323,807792,728226,027415,773
Admin Expenses994,395733,847464,8701,290,896771,738208,357433,122
Operating Profit131,41913,63454,30332,91120,99017,670-17,349
Interest Payable3,9623,7381,358
Interest Receivable9,1684,740251
Pre-Tax Profit136,62514,63753,19532,91120,99017,670-17,349
Tax-34,156-2,781-10,107-6,253-3,988-3,357
Profit After Tax102,46911,85643,08826,65817,00214,313-17,349
Dividends Paid
Retained Profit102,46911,85643,08826,65817,00214,313-17,349
Employee Costs988,054742,987521,298521,310364,992104,051603,013
Number Of Employees3730222317529
EBITDA*134,00416,07354,30332,91120,99017,670-17,349

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018
Tangible Assets26,7396,1683,4435001,0001,500
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets26,7396,1683,4435001,0001,500
Stock & work in progress
Trade Debtors387,659217,821109,927478,038233,77849,21651,601
Group Debtors
Misc Debtors49,427149,046161,064
Cash278,82170,446200,425
misc current assets33,100
total current assets749,007437,313471,416478,038233,77849,21651,601
total assets775,746443,481474,859478,038234,27850,21653,101
Bank overdraft11,00811,008
Bank loan
Trade Creditors 26,94637,88992,181199,843126,74151,35270,450
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities497,926257,933239,494
total current liabilities535,880306,830331,675199,843126,74151,35270,450
loans24,20624,20643,471
hp & lease commitments
Accruals and Deferred Income237,57193,5711,900
other liabilities16,00016,00016,000
provisions1,622876
total long term liabilities41,82841,08259,471237,57193,5711,900
total liabilities577,708347,912391,146437,414220,31253,25270,450
net assets198,03895,56983,71340,62413,966-3,036-17,349
total shareholders funds198,03895,56983,71340,62413,966-3,036-17,349
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018
Operating Activities
Operating Profit131,41913,63454,30332,91120,99017,670-17,349
Depreciation2,5852,439
Amortisation
Tax-34,156-2,781-10,107-6,253-3,988-3,357
Stock
Debtors70,21995,876-207,047244,260184,562-2,38551,601
Creditors-10,943-54,292-107,66273,10275,389-19,09870,450
Accruals and Deferred Income239,99318,4391,923144,00091,6711,900
Deferred Taxes & Provisions746876
Cash flow from operations259,425-117,561145,504-500-500-5001,500
Investing Activities
capital expenditure-23,156-5,164-3,443500500500-1,500
Change in Investments
cash flow from investments-23,156-5,164-3,443500500500-1,500
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-19,26543,471
Hire Purchase and Lease Commitments
other long term liabilities16,000
share issue1
interest5,2061,002-1,107
cash flow from financing5,206-18,26358,365
cash and cash equivalents
cash208,375-129,979200,425
overdraft11,008
change in cash208,375-140,987200,425

evoke care group limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Evoke Care Group Limited Competitor Analysis

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Perform a competitor analysis for evoke care group limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in CR0 area or any other competitors across 12 key performance metrics.

evoke care group limited Ownership

EVOKE CARE GROUP LIMITED group structure

Evoke Care Group Limited has no subsidiary companies.

Ultimate parent company

EVOKE CARE GROUP LIMITED

10585966

EVOKE CARE GROUP LIMITED Shareholders

yasin kalaz zaman 49.47%
shubina udeen 44.21%
zulfiquar ahmed limited 6.32%

evoke care group limited directors

Evoke Care Group Limited currently has 2 directors. The longest serving directors include Mrs Shubina Udeen (Jan 2017) and Mr Yasin Zaman (Jan 2017).

officercountryagestartendrole
Mrs Shubina UdeenEngland55 years Jan 2017- Director
Mr Yasin ZamanEngland36 years Jan 2017- Director

P&L

January 2024

turnover

2.9m

+62%

operating profit

131.4k

0%

gross margin

38.2%

-6.97%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2024

net assets

198k

+1.07%

total assets

775.7k

+0.75%

cash

278.8k

+2.96%

net assets

Total assets minus all liabilities

evoke care group limited company details

company number

10585966

Type

Private limited with Share Capital

industry

87900 - Other residential care activities

incorporation date

January 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

January 2024

previous names

evoke care limited (May 2022)

accountant

MDH

auditor

-

address

the old house, 2 wellesley court road, croydon, CR0 1LE

Bank

-

Legal Advisor

-

evoke care group 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 evoke care group limited.

evoke care group 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.

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evoke care group limited Companies House Filings - See Documents

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