elite care devon ltd
elite care devon ltd Company Information
Company Number
11257700
Next Accounts
Dec 2025
Shareholders
reginold devadasan
sajimon thomas
View AllGroup Structure
View All
Industry
Temporary employment agency activities
Registered Address
camborne house 17, courtenay park, newton abbot, TQ12 2HD
Website
elitecarerecruitment.comelite care devon ltd Estimated Valuation
Pomanda estimates the enterprise value of ELITE CARE DEVON LTD at £367.5k based on a Turnover of £2.6m and 0.14x industry multiple (adjusted for size and gross margin).
elite care devon ltd Estimated Valuation
Pomanda estimates the enterprise value of ELITE CARE DEVON LTD at £337.4k based on an EBITDA of £136.1k and a 2.48x industry multiple (adjusted for size and gross margin).
elite care devon ltd Estimated Valuation
Pomanda estimates the enterprise value of ELITE CARE DEVON LTD at £266.9k based on Net Assets of £205.9k and 1.3x industry multiple (adjusted for liquidity).
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Elite Care Devon Ltd Overview
Elite Care Devon Ltd is a live company located in newton abbot, TQ12 2HD with a Companies House number of 11257700. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in March 2018, it's largest shareholder is reginold devadasan with a 49% stake. Elite Care Devon Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.6m with high growth in recent years.
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Elite Care Devon Ltd Health Check
Pomanda's financial health check has awarded Elite Care Devon Ltd a 4 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
2 Regular
4 Weak
Size
annual sales of £2.6m, make it smaller than the average company (£13.3m)
- Elite Care Devon Ltd
£13.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (7.9%)
- Elite Care Devon Ltd
7.9% - Industry AVG
Production
with a gross margin of 11.2%, this company has a higher cost of product (18.1%)
- Elite Care Devon Ltd
18.1% - Industry AVG
Profitability
an operating margin of 5.2% make it more profitable than the average company (2.5%)
- Elite Care Devon Ltd
2.5% - Industry AVG
Employees
with 51 employees, this is similar to the industry average (49)
51 - Elite Care Devon Ltd
49 - Industry AVG
Pay Structure
on an average salary of £49.2k, the company has an equivalent pay structure (£49.2k)
- Elite Care Devon Ltd
£49.2k - Industry AVG
Efficiency
resulting in sales per employee of £51.7k, this is less efficient (£236.1k)
- Elite Care Devon Ltd
£236.1k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is later than average (43 days)
- Elite Care Devon Ltd
43 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is slower than average (3 days)
- Elite Care Devon Ltd
3 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Elite Care Devon Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Elite Care Devon Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.7%, this is a lower level of debt than the average (69.8%)
46.7% - Elite Care Devon Ltd
69.8% - Industry AVG
ELITE CARE DEVON LTD financials
Elite Care Devon Ltd's latest turnover from March 2024 is estimated at £2.6 million and the company has net assets of £205.9 thousand. According to their latest financial statements, Elite Care Devon Ltd has 51 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | ||||||
| Tax | ||||||
| Profit After Tax | ||||||
| Dividends Paid | ||||||
| Retained Profit | ||||||
| Employee Costs | ||||||
| Number Of Employees | 51 | 72 | 49 | 45 | 48 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 163 | 204 | 256 | 320 | ||
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 163 | 204 | 256 | 320 | ||
| Stock & work in progress | ||||||
| Trade Debtors | 386,438 | 203,420 | 127,639 | 50,036 | 125,362 | 48,870 |
| Group Debtors | ||||||
| Misc Debtors | ||||||
| Cash | 14,734 | 77,479 | 9,587 | |||
| misc current assets | ||||||
| total current assets | 386,438 | 203,420 | 142,373 | 127,515 | 134,949 | 48,870 |
| total assets | 386,601 | 203,624 | 142,629 | 127,835 | 134,949 | 48,870 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 168,446 | 77,691 | 155,273 | 158,751 | 141,018 | 151,944 |
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | ||||||
| total current liabilities | 168,446 | 77,691 | 155,273 | 158,751 | 141,018 | 151,944 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | 12,250 | 22,133 | 32,017 | 50,000 | ||
| provisions | ||||||
| total long term liabilities | 12,250 | 22,133 | 32,017 | 50,000 | ||
| total liabilities | 180,696 | 99,824 | 187,290 | 208,751 | 141,018 | 151,944 |
| net assets | 205,905 | 103,800 | -44,661 | -80,916 | -6,069 | -103,074 |
| total shareholders funds | 205,905 | 103,800 | -44,661 | -80,916 | -6,069 | -103,074 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 52 | 64 | 80 | |||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | 183,018 | 75,781 | 77,603 | -75,326 | 76,492 | 48,870 |
| Creditors | 90,755 | -77,582 | -3,478 | 17,733 | -10,926 | 151,944 |
| Accruals and Deferred Income | ||||||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | ||||||
| Other Short Term Loans | ||||||
| Long term loans | ||||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | -9,883 | -9,884 | -17,983 | 50,000 | ||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -14,734 | -62,745 | 67,892 | 9,587 | ||
| overdraft | ||||||
| change in cash | -14,734 | -62,745 | 67,892 | 9,587 |
elite care devon ltd Credit Report and Business Information
Elite Care Devon Ltd Competitor Analysis
Perform a competitor analysis for elite care devon ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in TQ12 area or any other competitors across 12 key performance metrics.
elite care devon ltd Ownership
ELITE CARE DEVON LTD group structure
Elite Care Devon Ltd has no subsidiary companies.
Ultimate parent company
ELITE CARE DEVON LTD
11257700
elite care devon ltd directors
Elite Care Devon Ltd currently has 3 directors. The longest serving directors include Mr Reginald Parker-Devadhason (Mar 2018) and Mr Aji Bhaskaran (Mar 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Reginald Parker-Devadhason | England | 52 years | Mar 2018 | - | Director |
| Mr Aji Bhaskaran | England | 47 years | Mar 2018 | - | Director |
| Mr Sajimon Thomas | England | 50 years | Mar 2018 | - | Director |
P&L
March 2024turnover
2.6m
+37%
operating profit
136.1k
0%
gross margin
11.3%
+0.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
205.9k
+0.98%
total assets
386.6k
+0.9%
cash
0
0%
net assets
Total assets minus all liabilities
elite care devon ltd company details
company number
11257700
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
March 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
camborne house 17, courtenay park, newton abbot, TQ12 2HD
Bank
-
Legal Advisor
-
elite care devon ltd 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 elite care devon ltd.
elite care devon ltd 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 ELITE CARE DEVON LTD. This can take several minutes, an email will notify you when this has completed.
elite care devon ltd Companies House Filings - See Documents
| date | description | view/download |
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