ridge care group ltd
ridge care group ltd Company Information
Company Number
11276927
Next Accounts
Dec 2025
Shareholders
rajan patel
dipak patel
Group Structure
View All
Industry
Other human health activities
+3Registered Address
3 appledown rise, coulsdon, CR5 2DX
Website
ridgecaregroup.comridge care group ltd Estimated Valuation
Pomanda estimates the enterprise value of RIDGE CARE GROUP LTD at £1.7m based on a Turnover of £2.9m and 0.58x industry multiple (adjusted for size and gross margin).
ridge care group ltd Estimated Valuation
Pomanda estimates the enterprise value of RIDGE CARE GROUP LTD at £4.1m based on an EBITDA of £832.4k and a 4.9x industry multiple (adjusted for size and gross margin).
ridge care group ltd Estimated Valuation
Pomanda estimates the enterprise value of RIDGE CARE GROUP LTD at £5.6m based on Net Assets of £2.1m and 2.71x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ridge Care Group Ltd Overview
Ridge Care Group Ltd is a live company located in coulsdon, CR5 2DX with a Companies House number of 11276927. It operates in the other human health activities sector, SIC Code 86900. Founded in March 2018, it's largest shareholder is rajan patel with a 51% stake. Ridge Care Group Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.9m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Ridge Care Group Ltd Health Check
Pomanda's financial health check has awarded Ridge Care Group Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £2.9m, make it larger than the average company (£1.8m)
£2.9m - Ridge Care Group Ltd
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (6.6%)
30% - Ridge Care Group Ltd
6.6% - Industry AVG
Production
with a gross margin of 42.8%, this company has a comparable cost of product (43.7%)
42.8% - Ridge Care Group Ltd
43.7% - Industry AVG
Profitability
an operating margin of 25.9% make it more profitable than the average company (5.4%)
25.9% - Ridge Care Group Ltd
5.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (45)
2 - Ridge Care Group Ltd
45 - Industry AVG
Pay Structure
on an average salary of £780.6k, the company has a higher pay structure (£26.1k)
£780.6k - Ridge Care Group Ltd
£26.1k - Industry AVG
Efficiency
resulting in sales per employee of £1.4m, this is more efficient (£42.7k)
£1.4m - Ridge Care Group Ltd
£42.7k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (19 days)
8 days - Ridge Care Group Ltd
19 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (10 days)
4 days - Ridge Care Group Ltd
10 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ridge Care Group Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (124 weeks)
4 weeks - Ridge Care Group Ltd
124 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73%, this is a higher level of debt than the average (25%)
73% - Ridge Care Group Ltd
25% - Industry AVG
RIDGE CARE GROUP LTD financials
Ridge Care Group Ltd's latest turnover from March 2024 is £2.9 million and the company has net assets of £2.1 million. According to their latest financial statements, Ridge Care Group Ltd has 2 employees and maintains cash reserves of £204.8 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 | |
|---|---|---|---|---|---|---|
| Turnover | 2,876,890 | 1,613,064 | 1,402,486 | 1,317,867 | ||
| Other Income Or Grants | ||||||
| Cost Of Sales | 1,646,221 | 943,883 | 811,995 | 756,650 | ||
| Gross Profit | 1,230,669 | 669,181 | 590,491 | 561,217 | 14,400 | |
| Admin Expenses | 485,305 | 330,146 | 306,690 | 172,668 | ||
| Operating Profit | 745,364 | 339,035 | 283,801 | 388,549 | ||
| Interest Payable | 273,510 | 184,796 | 140,866 | 140,436 | 132,174 | |
| Interest Receivable | 3,886 | 171 | ||||
| Pre-Tax Profit | 475,740 | 154,410 | 142,935 | 248,113 | -144,712 | |
| Tax | -151,514 | -50,007 | -28,999 | -49,857 | ||
| Profit After Tax | 324,226 | 104,403 | 113,936 | 198,256 | -144,712 | |
| Dividends Paid | ||||||
| Retained Profit | 324,226 | 104,403 | 113,936 | 198,256 | -144,712 | |
| Employee Costs | 1,561,273 | 895,611 | 802,237 | 719,611 | ||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 |
| EBITDA* | 832,370 | 416,077 | 358,952 | 462,403 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 4,474,529 | 2,783,291 | 1,625,428 | 1,660,834 | 1,049,000 | |
| Intangible Assets | 375,000 | 400,000 | ||||
| Investments & Other | 2,259,478 | 1,957,198 | 425,000 | 450,000 | 1,034,600 | |
| Debtors (Due After 1 year) | 1,034,480 | 1,034,480 | ||||
| Total Fixed Assets | 7,109,007 | 5,140,489 | 3,084,908 | 3,145,314 | 1,034,600 | 1,049,000 |
| Stock & work in progress | ||||||
| Trade Debtors | 68,737 | 65,286 | 65,754 | 36,162 | 1,229,271 | 1,241,663 |
| Group Debtors | 33,717 | 33,717 | ||||
| Misc Debtors | 235,642 | 679,120 | 28,966 | 38,532 | ||
| Cash | 204,826 | 698,132 | 494,551 | 593,927 | 14,072 | |
| misc current assets | ||||||
| total current assets | 509,205 | 1,442,538 | 622,988 | 702,338 | 1,243,343 | 1,241,663 |
| total assets | 7,618,212 | 6,583,027 | 3,707,896 | 3,847,652 | 2,277,943 | 2,290,663 |
| Bank overdraft | ||||||
| Bank loan | 383,722 | 253,178 | 85,447 | 85,447 | ||
| Trade Creditors | 22,147 | 9,568 | 17,567 | 1,360,680 | 1,185,454 | |
| Group/Directors Accounts | 450,799 | 550,190 | ||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 1,804,589 | 2,242,000 | 492,252 | 612,369 | ||
| total current liabilities | 2,210,458 | 2,504,746 | 1,046,065 | 1,248,006 | 1,360,680 | 1,185,454 |
| loans | 3,303,229 | 2,328,177 | 1,024,448 | 1,072,211 | ||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | 420 | 810 | ||||
| other liabilities | 1,114,666 | 1,157,510 | ||||
| provisions | 50,946 | 20,751 | 12,433 | 16,421 | ||
| total long term liabilities | 3,354,175 | 2,348,928 | 1,036,881 | 1,088,632 | 1,115,086 | 1,158,320 |
| total liabilities | 5,564,633 | 4,853,674 | 2,082,946 | 2,336,638 | 2,475,766 | 2,343,774 |
| net assets | 2,053,579 | 1,729,353 | 1,624,950 | 1,511,014 | -197,823 | -53,111 |
| total shareholders funds | 2,053,579 | 1,729,353 | 1,624,950 | 1,511,014 | -197,823 | -53,111 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 745,364 | 339,035 | 283,801 | 388,549 | ||
| Depreciation | 62,006 | 52,042 | 50,151 | 48,854 | ||
| Amortisation | 25,000 | 25,000 | 25,000 | 25,000 | ||
| Tax | -151,514 | -50,007 | -28,999 | -49,857 | ||
| Stock | ||||||
| Debtors | -440,027 | -418,511 | 20,026 | -86,380 | -12,392 | 1,241,663 |
| Creditors | 12,579 | -7,999 | 17,567 | -1,360,680 | 175,226 | 1,185,454 |
| Accruals and Deferred Income | -437,411 | 1,749,748 | -120,117 | 611,949 | -390 | 810 |
| Deferred Taxes & Provisions | 30,195 | 8,318 | -3,988 | 16,421 | ||
| Cash flow from operations | 726,246 | 2,534,648 | 203,389 | -233,384 | ||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 302,280 | 1,532,198 | -25,000 | -584,600 | 1,034,600 | |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 130,544 | 167,731 | 85,447 | |||
| Group/Directors Accounts | -450,799 | -99,391 | 550,190 | |||
| Other Short Term Loans | ||||||
| Long term loans | 975,052 | 1,303,729 | -47,763 | 1,072,211 | ||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | -1,114,666 | -42,844 | 1,157,510 | |||
| share issue | ||||||
| interest | -269,624 | -184,625 | -140,866 | -140,436 | -132,174 | |
| cash flow from financing | 835,972 | 836,036 | -288,020 | 1,963,327 | -175,018 | |
| cash and cash equivalents | ||||||
| cash | -493,306 | 203,581 | -99,376 | 579,855 | 14,072 | |
| overdraft | ||||||
| change in cash | -493,306 | 203,581 | -99,376 | 579,855 | 14,072 |
ridge care group ltd Credit Report and Business Information
Ridge Care Group Ltd Competitor Analysis
Perform a competitor analysis for ridge care group ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in CR5 area or any other competitors across 12 key performance metrics.
ridge care group ltd Ownership
RIDGE CARE GROUP LTD group structure
Ridge Care Group Ltd has 6 subsidiary companies.
Ultimate parent company
RIDGE CARE GROUP LTD
11276927
6 subsidiaries
ridge care group ltd directors
Ridge Care Group Ltd currently has 2 directors. The longest serving directors include Mr Rajan Patel (Mar 2018) and Mr Dipak Patel (Mar 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rajan Patel | England | 53 years | Mar 2018 | - | Director |
| Mr Dipak Patel | England | 47 years | Mar 2018 | - | Director |
P&L
March 2024turnover
2.9m
+78%
operating profit
745.4k
+120%
gross margin
42.8%
+3.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
2.1m
+0.19%
total assets
7.6m
+0.16%
cash
204.8k
-0.71%
net assets
Total assets minus all liabilities
Similar Companies
ridge care group ltd company details
company number
11276927
Type
Private limited with Share Capital
industry
86900 - Other human health activities
87200 - Residential care activities for learning disabilities, mental health and substance abuse
87900 - Other residential care activities
incorporation date
March 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
KISHENS LIMITED
auditor
-
address
3 appledown rise, coulsdon, CR5 2DX
Bank
-
Legal Advisor
-
ridge care group 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 ridge care group ltd.
ridge care group 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 RIDGE CARE GROUP LTD. This can take several minutes, an email will notify you when this has completed.
ridge care group ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
