salutem ld topco limited
salutem ld topco limited Company Information
Company Number
10652314
Next Accounts
Dec 2025
Industry
Residential care activities for learning disabilities, mental health and substance abuse
Shareholders
v electa s.a.r.l
creo 10 s.a.r.l
View AllGroup Structure
View All
Contact
Registered Address
minton place victoria street, windsor, SL4 1EG
Website
-salutem ld topco limited Estimated Valuation
Pomanda estimates the enterprise value of SALUTEM LD TOPCO LIMITED at £89.5m based on a Turnover of £58.4m and 1.53x industry multiple (adjusted for size and gross margin).
salutem ld topco limited Estimated Valuation
Pomanda estimates the enterprise value of SALUTEM LD TOPCO LIMITED at £37m based on an EBITDA of £3.9m and a 9.41x industry multiple (adjusted for size and gross margin).
salutem ld topco limited Estimated Valuation
Pomanda estimates the enterprise value of SALUTEM LD TOPCO LIMITED at £0 based on Net Assets of £-25.8m and 3.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Salutem Ld Topco Limited Overview
Salutem Ld Topco Limited is a live company located in windsor, SL4 1EG with a Companies House number of 10652314. It operates in the residential care activities for mental difficulties, mental health and substance abuse sector, SIC Code 87200. Founded in March 2017, it's largest shareholder is v electa s.a.r.l with a 44% stake. Salutem Ld Topco Limited is a young, large sized company, Pomanda has estimated its turnover at £58.4m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Salutem Ld Topco Limited Health Check
Pomanda's financial health check has awarded Salutem Ld Topco Limited 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 £58.4m, make it larger than the average company (£3.9m)
£58.4m - Salutem Ld Topco Limited
£3.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (6.9%)
13% - Salutem Ld Topco Limited
6.9% - Industry AVG
Production
with a gross margin of 31.8%, this company has a comparable cost of product (33.5%)
31.8% - Salutem Ld Topco Limited
33.5% - Industry AVG
Profitability
an operating margin of 2.2% make it less profitable than the average company (6%)
2.2% - Salutem Ld Topco Limited
6% - Industry AVG
Employees
with 1505 employees, this is above the industry average (91)
1505 - Salutem Ld Topco Limited
91 - Industry AVG
Pay Structure
on an average salary of £25.4k, the company has an equivalent pay structure (£25.5k)
£25.4k - Salutem Ld Topco Limited
£25.5k - Industry AVG
Efficiency
resulting in sales per employee of £38.8k, this is equally as efficient (£40.2k)
£38.8k - Salutem Ld Topco Limited
£40.2k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is later than average (20 days)
26 days - Salutem Ld Topco Limited
20 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is slower than average (8 days)
12 days - Salutem Ld Topco Limited
8 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Salutem Ld Topco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (56 weeks)
7 weeks - Salutem Ld Topco Limited
56 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 145.1%, this is a higher level of debt than the average (35.6%)
145.1% - Salutem Ld Topco Limited
35.6% - Industry AVG
SALUTEM LD TOPCO LIMITED financials
Salutem Ld Topco Limited's latest turnover from March 2024 is £58.4 million and the company has net assets of -£25.8 million. According to their latest financial statements, Salutem Ld Topco Limited has 1,505 employees and maintains cash reserves of £3.6 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 | |
|---|---|---|---|---|---|---|---|
| Turnover | 58,369,000 | 48,131,000 | 42,790,000 | 40,447,000 | 37,621,000 | 35,367,000 | 27,038,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 39,788,000 | 34,853,000 | 29,345,000 | 27,503,000 | 24,149,000 | 23,987,000 | 17,317,000 |
| Gross Profit | 18,581,000 | 13,278,000 | 13,445,000 | 12,944,000 | 13,472,000 | 11,380,000 | 9,721,000 |
| Admin Expenses | 17,324,000 | 15,144,000 | 18,319,000 | 14,848,000 | 15,513,000 | 15,572,000 | 13,938,000 |
| Operating Profit | 1,257,000 | -1,866,000 | -4,874,000 | -1,904,000 | -2,041,000 | -4,192,000 | -4,217,000 |
| Interest Payable | 5,439,000 | 4,293,000 | 4,296,000 | 3,848,000 | 3,460,000 | 3,941,000 | 3,366,000 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -4,182,000 | -6,159,000 | -9,170,000 | -5,752,000 | -5,501,000 | -8,133,000 | -7,583,000 |
| Tax | 57,000 | -193,000 | 0 | -385,000 | 275,000 | -311,000 | 82,000 |
| Profit After Tax | -4,125,000 | -6,352,000 | -9,170,000 | -6,137,000 | -5,226,000 | -8,444,000 | -7,501,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -4,125,000 | -6,352,000 | -9,170,000 | -6,137,000 | -5,226,000 | -8,444,000 | -7,501,000 |
| Employee Costs | 38,268,000 | 30,085,000 | 27,690,000 | 26,862,000 | 24,898,000 | 24,164,000 | 17,672,000 |
| Number Of Employees | 1,505 | 1,283 | 1,242 | 1,320 | 1,286 | 1,353 | 1,231 |
| EBITDA* | 3,933,000 | 508,000 | 3,437,000 | 5,944,000 | 5,386,000 | 3,750,000 | 2,953,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 37,728,000 | 38,261,000 | 38,580,000 | 39,057,000 | 37,930,000 | 36,256,000 | 34,497,000 |
| Intangible Assets | 2,416,000 | 2,759,000 | 2,950,000 | 9,372,000 | 15,763,000 | 22,243,000 | 28,993,000 |
| Investments & Other | 6,105,000 | 0 | 1,251,000 | 1,313,000 | 1,594,000 | 1,901,000 | 988,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 46,249,000 | 41,020,000 | 42,781,000 | 48,429,000 | 53,693,000 | 58,499,000 | 63,490,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 4,262,000 | 4,984,000 | 4,594,000 | 3,688,000 | 3,202,000 | 2,527,000 | 2,287,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,099,000 | 1,851,000 | 910,000 | 1,299,000 | 999,000 | 844,000 | 919,000 |
| Cash | 3,582,000 | 5,650,000 | 5,696,000 | 5,441,000 | 3,746,000 | 1,922,000 | 1,125,000 |
| misc current assets | 0 | 0 | 0 | 275,000 | 307,000 | 293,000 | 309,000 |
| total current assets | 10,943,000 | 12,485,000 | 11,200,000 | 10,703,000 | 8,254,000 | 5,586,000 | 4,640,000 |
| total assets | 57,192,000 | 53,505,000 | 53,981,000 | 59,132,000 | 61,947,000 | 64,085,000 | 68,130,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 9,267,000 | 9,951,000 | 11,295,000 | 1,020,000 | 1,020,000 | 1,253,000 | 3,230,000 |
| Trade Creditors | 1,405,000 | 2,146,000 | 1,119,000 | 818,000 | 1,024,000 | 994,000 | 842,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 836,000 | 836,000 | 899,000 | 870,000 | 862,000 | 0 | 0 |
| other current liabilities | 12,545,000 | 13,073,000 | 8,617,000 | 6,785,000 | 5,130,000 | 4,886,000 | 3,752,000 |
| total current liabilities | 24,053,000 | 26,006,000 | 21,930,000 | 9,493,000 | 8,036,000 | 7,133,000 | 7,824,000 |
| loans | 34,820,000 | 24,977,000 | 22,065,000 | 109,332,000 | 105,772,000 | 103,808,000 | 93,878,000 |
| hp & lease commitments | 22,710,000 | 22,710,000 | 24,010,000 | 23,942,000 | 23,965,000 | 24,979,000 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 1,386,000 | 1,464,000 | 1,276,000 | 1,972,000 | 1,802,000 | 2,154,000 | 2,020,000 |
| total long term liabilities | 58,916,000 | 49,151,000 | 47,351,000 | 55,652,000 | 53,787,000 | 52,981,000 | 47,949,000 |
| total liabilities | 82,969,000 | 75,157,000 | 69,281,000 | 65,145,000 | 61,823,000 | 60,114,000 | 55,773,000 |
| net assets | -25,777,000 | -21,652,000 | -15,300,000 | -6,013,000 | 124,000 | 3,971,000 | 12,357,000 |
| total shareholders funds | -25,777,000 | -21,652,000 | -15,300,000 | -6,013,000 | 124,000 | 3,971,000 | 12,357,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 1,257,000 | -1,866,000 | -4,874,000 | -1,904,000 | -2,041,000 | -4,192,000 | -4,217,000 |
| Depreciation | 2,302,000 | 2,015,000 | 1,819,000 | 1,368,000 | 910,000 | 1,004,000 | 784,000 |
| Amortisation | 374,000 | 359,000 | 6,492,000 | 6,480,000 | 6,517,000 | 6,938,000 | 6,386,000 |
| Tax | 57,000 | -193,000 | 0 | -385,000 | 275,000 | -311,000 | 82,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 526,000 | 1,331,000 | 517,000 | 786,000 | 830,000 | 165,000 | 3,206,000 |
| Creditors | -741,000 | 1,027,000 | 301,000 | -206,000 | 30,000 | 152,000 | 842,000 |
| Accruals and Deferred Income | -528,000 | 4,456,000 | 1,832,000 | 1,655,000 | 244,000 | 1,134,000 | 3,752,000 |
| Deferred Taxes & Provisions | -78,000 | 188,000 | -696,000 | 170,000 | -352,000 | 134,000 | 2,020,000 |
| Cash flow from operations | 2,117,000 | 4,655,000 | 4,357,000 | 6,392,000 | 4,753,000 | 4,694,000 | 6,443,000 |
| Investing Activities | |||||||
| capital expenditure | 0 | 0 | 0 | ||||
| Change in Investments | 6,105,000 | -1,251,000 | -62,000 | -281,000 | -307,000 | 913,000 | 988,000 |
| cash flow from investments | -6,105,000 | 1,251,000 | 62,000 | ||||
| Financing Activities | |||||||
| Bank loans | -684,000 | -1,344,000 | 10,275,000 | 0 | -233,000 | -1,977,000 | 3,230,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 9,843,000 | 2,912,000 | -87,267,000 | 3,560,000 | 1,964,000 | 9,930,000 | 93,878,000 |
| Hire Purchase and Lease Commitments | 0 | -1,363,000 | 97,000 | -15,000 | -152,000 | 24,979,000 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | -5,439,000 | -4,293,000 | -4,296,000 | -3,848,000 | -3,460,000 | -3,941,000 | -3,366,000 |
| cash flow from financing | 3,720,000 | -4,088,000 | -81,308,000 | -303,000 | -502,000 | 29,049,000 | 113,600,000 |
| cash and cash equivalents | |||||||
| cash | -2,068,000 | -46,000 | 255,000 | 1,695,000 | 1,824,000 | 797,000 | 1,125,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,068,000 | -46,000 | 255,000 | 1,695,000 | 1,824,000 | 797,000 | 1,125,000 |
salutem ld topco limited Credit Report and Business Information
Salutem Ld Topco Limited Competitor Analysis
Perform a competitor analysis for salutem ld topco limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other large companies, companies in SL4 area or any other competitors across 12 key performance metrics.
salutem ld topco limited Ownership
SALUTEM LD TOPCO LIMITED group structure
Salutem Ld Topco Limited has 4 subsidiary companies.
Ultimate parent company
SALUTEM LD TOPCO LIMITED
10652314
4 subsidiaries
salutem ld topco limited directors
Salutem Ld Topco Limited currently has 3 directors. The longest serving directors include Mr John Godden (Mar 2017) and Mr Kenneth Hillen (Apr 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Godden | United Kingdom | 59 years | Mar 2017 | - | Director |
| Mr Kenneth Hillen | United Kingdom | 68 years | Apr 2017 | - | Director |
| Mr Paul Lawes | United Kingdom | 51 years | Jan 2018 | - | Director |
P&L
March 2024turnover
58.4m
+21%
operating profit
1.3m
-167%
gross margin
31.9%
+15.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-25.8m
+0.19%
total assets
57.2m
+0.07%
cash
3.6m
-0.37%
net assets
Total assets minus all liabilities
salutem ld topco limited company details
company number
10652314
Type
Private limited with Share Capital
industry
87200 - Residential care activities for learning disabilities, mental health and substance abuse
incorporation date
March 2017
age
8
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
CLA EVELYN PARTNERS LIMITED
address
minton place victoria street, windsor, SL4 1EG
Bank
-
Legal Advisor
-
salutem ld topco 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 4 charges/mortgages relating to salutem ld topco limited. Currently there are 2 open charges and 2 have been satisfied in the past.
salutem ld topco 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 SALUTEM LD TOPCO LIMITED. This can take several minutes, an email will notify you when this has completed.
salutem ld topco limited Companies House Filings - See Documents
| date | description | view/download |
|---|
