Residential care activities for the elderly and disabled
Registered Address
fernwood house fernwood road, jesmond, newcastle upon tyne, NE2 1TJ
Website
-
the tides craignair care limitedEstimated Valuation
£850.8k
Pomanda estimates the enterprise value of THE TIDES CRAIGNAIR CARE LIMITED at £850.8k based on a Turnover of £1.1m and 0.75x industry multiple (adjusted for size and gross margin).
the tides craignair care limitedEstimated Valuation
£1.2m
Pomanda estimates the enterprise value of THE TIDES CRAIGNAIR CARE LIMITED at £1.2m based on an EBITDA of £211.6k and a 5.9x industry multiple (adjusted for size and gross margin).
the tides craignair care limitedEstimated Valuation
£46.9k
Pomanda estimates the enterprise value of THE TIDES CRAIGNAIR CARE LIMITED at £46.9k based on Net Assets of £16.7k and 2.81x industry multiple (adjusted for liquidity).
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The Tides Craignair Care LimitedOverview
The Tides Craignair Care Limited is a live company located in newcastle upon tyne, NE2 1TJ with a Companies House number of 10976008. It operates in the residential care activities for the elderly and disabled sector, SIC Code 87300. Founded in September 2017, it's largest shareholder is
kejal sejpal
with a 33.3% stake. The Tides Craignair Care Limited is a young,
small sized company, Pomanda has estimated its turnover at
£1.1m with
low
growth in recent years.
Pomanda's financial health check has awarded The Tides Craignair Care Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
1 Strong
3 Regular
7 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£3.3m)
£1.1m - The Tides Craignair Care Limited
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (6.7%)
4% - The Tides Craignair Care Limited
6.7% - Industry AVG
Production
with a gross margin of 38.8%, this company has a comparable cost of product (38.8%)
38.8% - The Tides Craignair Care Limited
38.8% - Industry AVG
Profitability
an operating margin of 14.1% make it more profitable than the average company (10.6%)
14.1% - The Tides Craignair Care Limited
10.6% - Industry AVG
Employees
with 26 employees, this is below the industry average (74)
26 - The Tides Craignair Care Limited
74 - Industry AVG
Pay Structure
on an average salary of £24.3k, the company has an equivalent pay structure (£24.3k)
£24.3k - The Tides Craignair Care Limited
£24.3k - Industry AVG
Efficiency
resulting in sales per employee of £43.7k, this is equally as efficient (£40.8k)
£43.7k - The Tides Craignair Care Limited
£40.8k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is later than average (17 days)
27 days - The Tides Craignair Care Limited
17 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (13 days)
7 days - The Tides Craignair Care Limited
13 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Tides Craignair Care Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 8 weeks, this is less cash available to meet short term requirements (30 weeks)
8 weeks - The Tides Craignair Care Limited
30 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.2%, this is a higher level of debt than the average (44.5%)
98.2% - The Tides Craignair Care Limited
44.5% - Industry AVG
THE TIDES CRAIGNAIR CARE LIMITED financials
EXPORT
The Tides Craignair Care Limited's latest turnover from March 2024 is estimated at £1.1 million and the company has net assets of £16.7 thousand. According to their latest financial statements, The Tides Craignair Care Limited has 26 employees and maintains cash reserves of £78.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Sep 2018
Turnover
1,136,984
981,830
1,016,089
1,023,228
898,054
960,056
Other Income Or Grants
Cost Of Sales
695,860
604,336
630,667
640,511
547,412
573,673
Gross Profit
441,124
377,494
385,422
382,717
350,642
386,383
Admin Expenses
281,152
385,320
369,404
331,366
347,259
303,986
-4
Operating Profit
159,972
-7,826
16,018
51,351
3,383
82,397
4
Interest Payable
56,208
55,533
39,765
36,858
41,995
26,353
Interest Receivable
3,329
3,539
988
108
80
340
Pre-Tax Profit
107,093
-59,820
-22,759
14,601
-38,531
56,384
4
Tax
-26,773
-2,774
-10,713
-1
Profit After Tax
80,320
-59,820
-22,759
11,827
-38,531
45,671
3
Dividends Paid
Retained Profit
80,320
-59,820
-22,759
11,827
-38,531
45,671
3
Employee Costs
630,577
542,571
571,651
581,998
539,043
496,785
Number Of Employees
26
24
27
29
28
27
EBITDA*
211,599
46,201
68,931
110,592
69,536
112,542
4
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Sep 2018
Tangible Assets
712,948
740,664
733,539
773,324
820,364
885,506
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
712,948
740,664
733,539
773,324
820,364
885,506
Stock & work in progress
Trade Debtors
85,999
64,968
69,124
66,352
58,309
64,086
Group Debtors
Misc Debtors
39,798
33,179
29,923
11,422
6,937
4,552
Cash
78,168
48,634
117,910
145,596
70,057
90,613
3
misc current assets
total current assets
203,965
146,781
216,957
223,370
135,303
159,251
3
total assets
916,913
887,445
950,496
996,694
955,667
1,044,757
3
Bank overdraft
Bank loan
49,579
49,196
48,039
45,250
35,827
34,770
Trade Creditors
13,487
21,418
6,905
7,452
8,026
20,554
Group/Directors Accounts
281,108
272,640
129,079
other short term finances
150,000
hp & lease commitments
other current liabilities
391,425
411,863
381,567
71,056
71,321
56,932
total current liabilities
454,491
482,477
436,511
404,866
387,814
391,335
loans
431,897
468,574
517,771
567,156
560,228
596,054
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
13,811
5,699
479
11,691
total long term liabilities
445,708
468,574
517,771
572,855
560,707
607,745
total liabilities
900,199
951,051
954,282
977,721
948,521
999,080
net assets
16,714
-63,606
-3,786
18,973
7,146
45,677
3
total shareholders funds
16,714
-63,606
-3,786
18,973
7,146
45,677
3
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Sep 2018
Operating Activities
Operating Profit
159,972
-7,826
16,018
51,351
3,383
82,397
4
Depreciation
51,627
54,027
52,913
59,241
66,153
30,145
Amortisation
Tax
-26,773
-2,774
-10,713
-1
Stock
Debtors
27,650
-900
21,273
12,528
-3,392
68,638
Creditors
-7,931
14,513
-547
-574
-12,528
20,554
Accruals and Deferred Income
-20,438
30,296
310,511
-265
14,389
56,932
Deferred Taxes & Provisions
13,811
-5,699
5,220
-11,212
11,691
Cash flow from operations
142,618
91,910
351,923
99,671
63,577
122,368
3
Investing Activities
capital expenditure
-23,911
-61,152
-13,128
-12,201
-1,011
-915,651
Change in Investments
cash flow from investments
-23,911
-61,152
-13,128
-12,201
-1,011
-915,651
Financing Activities
Bank loans
383
1,157
2,789
9,423
1,057
34,770
Group/Directors Accounts
-281,108
8,468
143,561
129,079
Other Short Term Loans
-150,000
150,000
Long term loans
-36,677
-49,197
-49,385
6,928
-35,826
596,054
Hire Purchase and Lease Commitments
other long term liabilities
share issue
3
interest
-52,879
-51,994
-38,777
-36,750
-41,915
-26,013
cash flow from financing
-89,173
-100,034
-366,481
-11,931
-83,123
883,893
cash and cash equivalents
cash
29,534
-69,276
-27,686
75,539
-20,556
90,610
3
overdraft
change in cash
29,534
-69,276
-27,686
75,539
-20,556
90,610
3
the tides craignair care limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for the tides craignair care limited. Get real-time insights into the tides craignair care limited's credit score, group structure and payment trends.
The Tides Craignair Care Limited Competitor Analysis
Perform a competitor analysis for the tides craignair care limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in NE2 area or any other competitors across 12 key performance metrics.
the tides craignair care limited Ownership
THE TIDES CRAIGNAIR CARE LIMITED group structure
The Tides Craignair Care Limited has no subsidiary companies.
Ultimate parent company
THE TIDES CRAIGNAIR CARE LIMITED
10976008
THE TIDES CRAIGNAIR CARE LIMITED Shareholders
The largest shareholders in The Tides Craignair Care Limited include Kejal Sejpal and Rkhm Care Limited.
kejal sejpal
33.33%
rkhm care limited
33.33%
travona limited
33.33%
the tides craignair care limited directors
The Tides Craignair Care Limited currently has 2 directors.
The longest serving directors include
Mr Pawan Khosla (Sep 2017) and
Kejal Sejpal (Mar 2018).
87300 - Residential care activities for the elderly and disabled
incorporation date
September 2017
age
8
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
craignair care limited (May 2019)
accountant
ROBSON LAIDLER ACCOUNTANTS LIMITED
auditor
-
address
fernwood house fernwood road, jesmond, newcastle upon tyne, NE2 1TJ
Bank
-
Legal Advisor
-
the tides craignair care 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 the tides craignair care limited.
the tides craignair care 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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the tides craignair care limitedCompanies House Filings - See Documents
