dormy care communities (hereford) limited
dormy care communities (hereford) limited Company Information
Company Number
10854072
Next Accounts
Sep 2025
Shareholders
hereford holdco limited
Group Structure
View All
Industry
Residential nursing care activities
Registered Address
1 benjamin street, london, EC1M 5QL
Website
www.dormycare.co.ukdormy care communities (hereford) limited Estimated Valuation
Pomanda estimates the enterprise value of DORMY CARE COMMUNITIES (HEREFORD) LIMITED at £3.4m based on a Turnover of £5.3m and 0.65x industry multiple (adjusted for size and gross margin).
dormy care communities (hereford) limited Estimated Valuation
Pomanda estimates the enterprise value of DORMY CARE COMMUNITIES (HEREFORD) LIMITED at £4.7m based on an EBITDA of £935.2k and a 5.01x industry multiple (adjusted for size and gross margin).
dormy care communities (hereford) limited Estimated Valuation
Pomanda estimates the enterprise value of DORMY CARE COMMUNITIES (HEREFORD) LIMITED at £36k based on Net Assets of £13k and 2.76x industry multiple (adjusted for liquidity).
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Dormy Care Communities (hereford) Limited Overview
Dormy Care Communities (hereford) Limited is a live company located in london, EC1M 5QL with a Companies House number of 10854072. It operates in the residential nursing care facilities sector, SIC Code 87100. Founded in July 2017, it's largest shareholder is hereford holdco limited with a 100% stake. Dormy Care Communities (hereford) Limited is a young, mid sized company, Pomanda has estimated its turnover at £5.3m with rapid growth in recent years.
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Dormy Care Communities (hereford) Limited Health Check
Pomanda's financial health check has awarded Dormy Care Communities (Hereford) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
2 Weak
Size
annual sales of £5.3m, make it in line with the average company (£4.6m)
£5.3m - Dormy Care Communities (hereford) Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (6.6%)
34% - Dormy Care Communities (hereford) Limited
6.6% - Industry AVG
Production
with a gross margin of 21.8%, this company has a higher cost of product (36.1%)
21.8% - Dormy Care Communities (hereford) Limited
36.1% - Industry AVG
Profitability
an operating margin of 17.4% make it more profitable than the average company (14.1%)
17.4% - Dormy Care Communities (hereford) Limited
14.1% - Industry AVG
Employees
with 118 employees, this is similar to the industry average (109)
118 - Dormy Care Communities (hereford) Limited
109 - Industry AVG
Pay Structure
on an average salary of £23.9k, the company has an equivalent pay structure (£23.9k)
- Dormy Care Communities (hereford) Limited
£23.9k - Industry AVG
Efficiency
resulting in sales per employee of £44.5k, this is equally as efficient (£42.3k)
£44.5k - Dormy Care Communities (hereford) Limited
£42.3k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (19 days)
0 days - Dormy Care Communities (hereford) Limited
19 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Dormy Care Communities (hereford) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Dormy Care Communities (hereford) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is more cash available to meet short term requirements (9 weeks)
15 weeks - Dormy Care Communities (hereford) Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.5%, this is a higher level of debt than the average (57.1%)
99.5% - Dormy Care Communities (hereford) Limited
57.1% - Industry AVG
DORMY CARE COMMUNITIES (HEREFORD) LIMITED financials
Dormy Care Communities (Hereford) Limited's latest turnover from December 2023 is £5.3 million and the company has net assets of £13 thousand. According to their latest financial statements, Dormy Care Communities (Hereford) Limited has 118 employees and maintains cash reserves of £714.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 5,251,516 | 4,409,807 | 2,748,208 | 2,177,648 | 279,764 | ||
| Other Income Or Grants | |||||||
| Cost Of Sales | 4,106,857 | 3,362,040 | 2,900,367 | 2,620,406 | 974,732 | ||
| Gross Profit | 1,144,659 | 1,047,767 | -152,159 | -442,758 | -694,968 | ||
| Admin Expenses | 229,674 | 341,050 | -30,077 | 194,231 | 85,985 | ||
| Operating Profit | 914,985 | 706,717 | -122,082 | -636,989 | -780,953 | ||
| Interest Payable | 15,937 | 97,018 | 94,077 | 100,354 | 24,172 | ||
| Interest Receivable | |||||||
| Pre-Tax Profit | 899,048 | 609,699 | -216,159 | -737,343 | -805,125 | ||
| Tax | |||||||
| Profit After Tax | 899,048 | 609,699 | -216,159 | -737,343 | -805,125 | ||
| Dividends Paid | |||||||
| Retained Profit | 899,048 | 609,699 | -216,159 | -737,343 | -805,125 | ||
| Employee Costs | |||||||
| Number Of Employees | 118 | 110 | 75 | 75 | 35 | 4 | |
| EBITDA* | 935,237 | 726,737 | -108,263 | -623,171 | -774,044 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 113,885 | 62,729 | 34,948 | 48,767 | 48,365 | ||
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | 1,537,838 | 537,838 | |||||
| Total Fixed Assets | 1,651,723 | 600,567 | 34,948 | 48,767 | 48,365 | ||
| Stock & work in progress | |||||||
| Trade Debtors | 1,356 | 131,021 | 7,531 | 1 | |||
| Group Debtors | |||||||
| Misc Debtors | 40,681 | 63,633 | 49,575 | 6,322 | 18,054 | ||
| Cash | 714,285 | 527,472 | 137,899 | 90,350 | 87,987 | 1 | |
| misc current assets | |||||||
| total current assets | 756,322 | 591,105 | 187,474 | 227,693 | 113,572 | 1 | 1 |
| total assets | 2,408,045 | 1,191,672 | 222,422 | 276,460 | 161,937 | 1 | 1 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | |||||||
| Group/Directors Accounts | 1,705,862 | 1,408,988 | 1,063,646 | 633,658 | 318,603 | ||
| other short term finances | |||||||
| hp & lease commitments | 28,693 | 12,624 | 6,732 | 18,256 | 10,929 | ||
| other current liabilities | 660,462 | 623,558 | 473,620 | 404,881 | 215,469 | ||
| total current liabilities | 2,395,017 | 2,045,170 | 1,543,998 | 1,056,795 | 545,001 | ||
| loans | 132,162 | 466,216 | 225,609 | ||||
| hp & lease commitments | 32,522 | 41,981 | 33,009 | 42,888 | |||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | 32,522 | 174,143 | 499,225 | 268,497 | |||
| total liabilities | 2,395,017 | 2,077,692 | 1,718,141 | 1,556,020 | 813,498 | ||
| net assets | 13,028 | -886,020 | -1,495,719 | -1,279,560 | -651,561 | 1 | 1 |
| total shareholders funds | 13,028 | -886,020 | -1,495,719 | -1,279,560 | -651,561 | 1 | 1 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 914,985 | 706,717 | -122,082 | -636,989 | -780,953 | ||
| Depreciation | 20,252 | 20,020 | 13,819 | 13,818 | 6,909 | ||
| Amortisation | |||||||
| Tax | |||||||
| Stock | |||||||
| Debtors | 978,404 | 551,896 | -87,768 | 111,758 | 25,585 | -1 | 1 |
| Creditors | |||||||
| Accruals and Deferred Income | 36,904 | 149,938 | 68,739 | 189,412 | 215,469 | ||
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | -6,263 | 324,779 | 48,244 | -545,517 | -584,160 | ||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | 296,874 | 345,342 | 429,988 | 315,055 | 318,603 | ||
| Other Short Term Loans | |||||||
| Long term loans | -132,162 | -334,054 | 240,607 | 225,609 | |||
| Hire Purchase and Lease Commitments | -16,453 | -3,567 | -2,552 | -2,552 | 53,817 | ||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | -15,937 | -97,018 | -94,077 | -100,354 | -24,172 | ||
| cash flow from financing | 264,484 | 112,595 | -695 | 562,100 | 727,420 | ||
| cash and cash equivalents | |||||||
| cash | 186,813 | 389,573 | 47,549 | 2,363 | 87,986 | 1 | |
| overdraft | |||||||
| change in cash | 186,813 | 389,573 | 47,549 | 2,363 | 87,986 | 1 |
dormy care communities (hereford) limited Credit Report and Business Information
Dormy Care Communities (hereford) Limited Competitor Analysis
Perform a competitor analysis for dormy care communities (hereford) limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other mid companies, companies in EC1M area or any other competitors across 12 key performance metrics.
dormy care communities (hereford) limited Ownership
DORMY CARE COMMUNITIES (HEREFORD) LIMITED group structure
Dormy Care Communities (Hereford) Limited has no subsidiary companies.
Ultimate parent company
2 parents
DORMY CARE COMMUNITIES (HEREFORD) LIMITED
10854072
dormy care communities (hereford) limited directors
Dormy Care Communities (Hereford) Limited currently has 4 directors. The longest serving directors include Mr Emil Gigov (Jul 2017) and Mr Michael Parsons (Aug 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Emil Gigov | England | 55 years | Jul 2017 | - | Director |
| Mr Michael Parsons | England | 74 years | Aug 2017 | - | Director |
| Mrs Helen Davies-Parsons | Wales | 58 years | Aug 2017 | - | Director |
| Mr David Duncan | England | 58 years | Aug 2017 | - | Director |
P&L
December 2023turnover
5.3m
+19%
operating profit
915k
+29%
gross margin
21.8%
-8.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
13k
-1.01%
total assets
2.4m
+1.02%
cash
714.3k
+0.35%
net assets
Total assets minus all liabilities
dormy care communities (hereford) limited company details
company number
10854072
Type
Private limited with Share Capital
industry
87100 - Residential nursing care activities
incorporation date
July 2017
age
8
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
hereford opco limited (December 2017)
accountant
-
auditor
PKF LITTLEJOHN LLP
address
1 benjamin street, london, EC1M 5QL
Bank
-
Legal Advisor
-
dormy care communities (hereford) 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 5 charges/mortgages relating to dormy care communities (hereford) limited. Currently there are 2 open charges and 3 have been satisfied in the past.
dormy care communities (hereford) 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 DORMY CARE COMMUNITIES (HEREFORD) LIMITED. This can take several minutes, an email will notify you when this has completed.
dormy care communities (hereford) limited Companies House Filings - See Documents
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