advinia care homes limited
advinia care homes limited Company Information
Company Number
10881242
Website
www.advinia.co.ukRegistered Address
gateway house (first floor), 324 regents park road, london, N3 2LN
Industry
Residential nursing care activities
Telephone
02083717810
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
advinia health care limited 100%
advinia care homes limited Estimated Valuation
Pomanda estimates the enterprise value of ADVINIA CARE HOMES LIMITED at £160m based on a Turnover of £87.2m and 1.83x industry multiple (adjusted for size and gross margin).
advinia care homes limited Estimated Valuation
Pomanda estimates the enterprise value of ADVINIA CARE HOMES LIMITED at £23.9m based on an EBITDA of £2.6m and a 9.11x industry multiple (adjusted for size and gross margin).
advinia care homes limited Estimated Valuation
Pomanda estimates the enterprise value of ADVINIA CARE HOMES LIMITED at £251.7m based on Net Assets of £95.1m and 2.65x industry multiple (adjusted for liquidity).
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Advinia Care Homes Limited Overview
Advinia Care Homes Limited is a live company located in london, N3 2LN with a Companies House number of 10881242. It operates in the residential nursing care facilities sector, SIC Code 87100. Founded in July 2017, it's largest shareholder is advinia health care limited with a 100% stake. Advinia Care Homes Limited is a young, large sized company, Pomanda has estimated its turnover at £87.2m with low growth in recent years.
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Advinia Care Homes Limited Health Check
Pomanda's financial health check has awarded Advinia Care Homes Limited a 3.5 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 £87.2m, make it larger than the average company (£4.3m)
£87.2m - Advinia Care Homes Limited
£4.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (5%)
- Advinia Care Homes Limited
5% - Industry AVG
Production
with a gross margin of 22%, this company has a higher cost of product (35.3%)
22% - Advinia Care Homes Limited
35.3% - Industry AVG
Profitability
an operating margin of -2.2% make it less profitable than the average company (13.2%)
-2.2% - Advinia Care Homes Limited
13.2% - Industry AVG
Employees
with 2574 employees, this is above the industry average (114)
2574 - Advinia Care Homes Limited
114 - Industry AVG
Pay Structure
on an average salary of £22.1k, the company has an equivalent pay structure (£21.9k)
£22.1k - Advinia Care Homes Limited
£21.9k - Industry AVG
Efficiency
resulting in sales per employee of £33.9k, this is equally as efficient (£39.4k)
£33.9k - Advinia Care Homes Limited
£39.4k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is near the average (19 days)
17 days - Advinia Care Homes Limited
19 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is slower than average (18 days)
25 days - Advinia Care Homes Limited
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Advinia Care Homes Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (11 weeks)
9 weeks - Advinia Care Homes Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.5%, this is a lower level of debt than the average (57.4%)
24.5% - Advinia Care Homes Limited
57.4% - Industry AVG
ADVINIA CARE HOMES LIMITED financials
Advinia Care Homes Limited's latest turnover from March 2023 is £87.2 million and the company has net assets of £95.1 million. According to their latest financial statements, Advinia Care Homes Limited has 2,574 employees and maintains cash reserves of £2.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 87,225,094 | 77,972,476 | 79,464,797 | 86,833,355 | 82,005,719 | 25,648,027 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 68,082,044 | 68,041,861 | 66,515,229 | 68,891,548 | 54,882,208 | 17,995,510 |
| Gross Profit | 19,143,050 | 9,930,615 | 12,949,568 | 17,941,807 | 27,123,511 | 7,652,517 |
| Admin Expenses | 21,026,823 | 11,930,230 | 12,096,731 | 15,818,808 | 24,016,004 | 5,088,619 |
| Operating Profit | -1,883,773 | -1,999,615 | 852,837 | 2,122,999 | 3,107,507 | 2,563,898 |
| Interest Payable | 0 | 0 | 0 | 500 | 43 | 0 |
| Interest Receivable | 1,376 | 0 | 0 | 2,965 | 3,557 | 0 |
| Pre-Tax Profit | -1,882,397 | -1,999,615 | 852,837 | 2,125,464 | 3,111,021 | 65,319,861 |
| Tax | 0 | 303,274 | -375,288 | 0 | 1,084,836 | -4,066,711 |
| Profit After Tax | -1,882,397 | -1,696,341 | 477,549 | 2,125,464 | 4,195,857 | 61,253,150 |
| Dividends Paid | 0 | 0 | 5,775,766 | 0 | 0 | 0 |
| Retained Profit | -1,882,397 | -1,696,341 | -5,298,217 | 2,125,464 | 4,195,857 | 61,253,150 |
| Employee Costs | 56,882,847 | 57,717,513 | 57,849,493 | 59,878,320 | 62,213,272 | 18,390,019 |
| Number Of Employees | 2,574 | 2,625 | 3,017 | 3,252 | 3,663 | 3,263 |
| EBITDA* | 2,626,817 | 2,634,851 | 4,555,274 | 5,662,532 | 5,845,298 | 3,621,511 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 107,515,355 | 109,763,089 | 112,574,191 | 81,905,164 | 75,676,272 | 76,727,387 |
| Intangible Assets | 208,456 | 160,616 | 14,418 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 107,723,811 | 109,923,705 | 112,588,609 | 81,905,164 | 75,676,272 | 76,727,387 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 4,265,541 | 3,696,740 | 3,344,337 | 3,027,773 | 3,686,713 | 3,495,809 |
| Group Debtors | 8,040,341 | 10,512,375 | 7,638,172 | 11,750,170 | 7,242,781 | 0 |
| Misc Debtors | 3,592,812 | 2,515,449 | 3,013,265 | 6,558,866 | 5,913,988 | 2,149,759 |
| Cash | 2,319,340 | 1,199,690 | 2,929,039 | 1,648,254 | 15,167 | 6,173,131 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 18,218,034 | 17,924,254 | 16,924,813 | 22,985,063 | 16,858,649 | 11,818,699 |
| total assets | 125,941,845 | 127,847,959 | 129,513,422 | 104,890,227 | 92,534,921 | 88,546,086 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,765,912 | 4,363,651 | 3,417,564 | 2,590,173 | 1,449,984 | 527,243 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 5,300,513 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 8,607,451 | 9,033,429 | 9,948,638 | 14,449,777 | 12,860,124 | 6,891,582 |
| total current liabilities | 13,373,363 | 13,397,080 | 13,366,202 | 17,039,950 | 14,310,108 | 12,719,338 |
| loans | 3,876,383 | 3,876,383 | 3,876,383 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 13,571,427 | 13,571,427 | 11,358,252 | 5,019,670 | 3,594,670 | 5,392,462 |
| total long term liabilities | 17,447,810 | 17,447,810 | 15,234,635 | 5,019,670 | 3,594,670 | 5,392,462 |
| total liabilities | 30,821,173 | 30,844,890 | 28,600,837 | 22,059,620 | 17,904,778 | 18,111,800 |
| net assets | 95,120,672 | 97,003,069 | 100,912,585 | 82,830,607 | 74,630,143 | 70,434,286 |
| total shareholders funds | 95,120,672 | 97,003,069 | 100,912,585 | 82,830,607 | 74,630,143 | 70,434,286 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -1,883,773 | -1,999,615 | 852,837 | 2,122,999 | 3,107,507 | 2,563,898 |
| Depreciation | 4,499,946 | 4,630,696 | 3,702,402 | 3,539,533 | 2,737,791 | 1,057,613 |
| Amortisation | 10,644 | 3,770 | 35 | 0 | 0 | 0 |
| Tax | 0 | 303,274 | -375,288 | 0 | 1,084,836 | -4,066,711 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -825,870 | 2,728,790 | -7,341,035 | 4,493,327 | 11,197,914 | 5,645,568 |
| Creditors | 402,261 | 946,087 | 827,391 | 1,140,189 | 922,741 | 527,243 |
| Accruals and Deferred Income | -425,978 | -915,209 | -4,501,139 | 1,589,653 | 5,968,542 | 6,891,582 |
| Deferred Taxes & Provisions | 0 | 2,213,175 | 6,338,582 | 1,425,000 | -1,797,792 | 5,392,462 |
| Cash flow from operations | 3,428,970 | 2,453,388 | 14,185,855 | 5,324,047 | 825,711 | 6,720,519 |
| 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 | 0 | 0 | 0 | -5,300,513 | 5,300,513 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 3,876,383 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | 1,376 | 0 | 0 | 2,465 | 3,514 | 0 |
| cash flow from financing | 1,376 | -2,213,175 | 27,256,578 | 6,077,465 | -5,296,999 | 14,481,649 |
| cash and cash equivalents | ||||||
| cash | 1,119,650 | -1,729,349 | 1,280,785 | 1,633,087 | -6,157,964 | 6,173,131 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,119,650 | -1,729,349 | 1,280,785 | 1,633,087 | -6,157,964 | 6,173,131 |
advinia care homes limited Credit Report and Business Information
Advinia Care Homes Limited Competitor Analysis
Perform a competitor analysis for advinia care homes limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
advinia care homes limited Ownership
ADVINIA CARE HOMES LIMITED group structure
Advinia Care Homes Limited has no subsidiary companies.
Ultimate parent company
ST AGNES LTD
#0084109
2 parents
ADVINIA CARE HOMES LIMITED
10881242
advinia care homes limited directors
Advinia Care Homes Limited currently has 2 directors. The longest serving directors include Mrs Sangita Kanoria (Feb 2018) and Mr Adil Baporia (Feb 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Sangita Kanoria | England | 57 years | Feb 2018 | - | Director |
| Mr Adil Baporia | England | 49 years | Feb 2021 | - | Director |
P&L
March 2023turnover
87.2m
+12%
operating profit
-1.9m
-6%
gross margin
22%
+72.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
95.1m
-0.02%
total assets
125.9m
-0.01%
cash
2.3m
+0.93%
net assets
Total assets minus all liabilities
advinia care homes limited company details
company number
10881242
Type
Private limited with Share Capital
industry
87100 - Residential nursing care activities
incorporation date
July 2017
age
7
accounts
Total Exemption Full
ultimate parent company
previous names
bupa care homes investments limited (February 2018)
incorporated
UK
address
gateway house (first floor), 324 regents park road, london, N3 2LN
last accounts submitted
March 2023
advinia care homes 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 29 charges/mortgages relating to advinia care homes limited. Currently there are 15 open charges and 14 have been satisfied in the past.
advinia care homes limited Companies House Filings - See Documents
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