innovations in care (supported living) ltd
innovations in care (supported living) ltd Company Information
Company Number
11340873
Website
-Registered Address
72-74 clarence street, hull, HU9 1DN
Industry
Other social work activities without accommodation n.e.c.
Telephone
-
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
susan fellows 96.8%
claire clappinson 3.2%
innovations in care (supported living) ltd Estimated Valuation
Pomanda estimates the enterprise value of INNOVATIONS IN CARE (SUPPORTED LIVING) LTD at £423.2k based on a Turnover of £1m and 0.41x industry multiple (adjusted for size and gross margin).
innovations in care (supported living) ltd Estimated Valuation
Pomanda estimates the enterprise value of INNOVATIONS IN CARE (SUPPORTED LIVING) LTD at £0 based on an EBITDA of £-99.8k and a 3.2x industry multiple (adjusted for size and gross margin).
innovations in care (supported living) ltd Estimated Valuation
Pomanda estimates the enterprise value of INNOVATIONS IN CARE (SUPPORTED LIVING) LTD at £269.2k based on Net Assets of £90.1k and 2.99x industry multiple (adjusted for liquidity).
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Innovations In Care (supported Living) Ltd Overview
Innovations In Care (supported Living) Ltd is a live company located in hull, HU9 1DN with a Companies House number of 11340873. It operates in the other social work activities without accommodation n.e.c. sector, SIC Code 88990. Founded in May 2018, it's largest shareholder is susan fellows with a 96.8% stake. Innovations In Care (supported Living) Ltd is a young, small sized company, Pomanda has estimated its turnover at £1m with unknown growth in recent years.
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Innovations In Care (supported Living) Ltd Health Check
Pomanda's financial health check has awarded Innovations In Care (Supported Living) Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £1m, make it larger than the average company (£442k)
- Innovations In Care (supported Living) Ltd
£442k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Innovations In Care (supported Living) Ltd
- - Industry AVG
Production
with a gross margin of 22.8%, this company has a higher cost of product (45.4%)
- Innovations In Care (supported Living) Ltd
45.4% - Industry AVG
Profitability
an operating margin of -9.6% make it less profitable than the average company (4.5%)
- Innovations In Care (supported Living) Ltd
4.5% - Industry AVG
Employees
with 19 employees, this is above the industry average (13)
19 - Innovations In Care (supported Living) Ltd
13 - Industry AVG
Pay Structure
on an average salary of £24.4k, the company has an equivalent pay structure (£24.4k)
- Innovations In Care (supported Living) Ltd
£24.4k - Industry AVG
Efficiency
resulting in sales per employee of £54.9k, this is more efficient (£41.2k)
- Innovations In Care (supported Living) Ltd
£41.2k - Industry AVG
Debtor Days
it gets paid by customers after 78 days, this is later than average (16 days)
- Innovations In Care (supported Living) Ltd
16 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Innovations In Care (supported Living) Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Innovations In Care (supported Living) Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (250 weeks)
1 weeks - Innovations In Care (supported Living) Ltd
250 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.5%, this is a higher level of debt than the average (11.3%)
60.5% - Innovations In Care (supported Living) Ltd
11.3% - Industry AVG
INNOVATIONS IN CARE (SUPPORTED LIVING) LTD financials
Innovations In Care (Supported Living) Ltd's latest turnover from August 2023 is estimated at £1 million and the company has net assets of £90.1 thousand. According to their latest financial statements, Innovations In Care (Supported Living) Ltd has 19 employees and maintains cash reserves of £3.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | May 2020 | May 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 | 19 | 17 | 16 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 1 | 1 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 1 | 1 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 224,149 | 256,406 | 172,417 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 3,772 | 31,109 | 18,523 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 227,921 | 287,515 | 190,940 | 0 | 0 |
| total assets | 227,921 | 287,515 | 190,940 | 1 | 1 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 137,844 | 98,530 | 117,864 | 0 | 0 |
| total current liabilities | 137,844 | 98,530 | 117,864 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 137,844 | 98,530 | 117,864 | 0 | 0 |
| net assets | 90,077 | 188,985 | 73,076 | 1 | 1 |
| total shareholders funds | 90,077 | 188,985 | 73,076 | 1 | 1 |
| Aug 2023 | Aug 2022 | Aug 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -32,257 | 83,989 | 172,417 | 0 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 39,314 | -19,334 | 117,864 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | -1 | 0 | 1 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -27,337 | 12,586 | 18,523 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -27,337 | 12,586 | 18,523 | 0 | 0 |
innovations in care (supported living) ltd Credit Report and Business Information
Innovations In Care (supported Living) Ltd Competitor Analysis
Perform a competitor analysis for innovations in care (supported living) ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in HU9 area or any other competitors across 12 key performance metrics.
innovations in care (supported living) ltd Ownership
INNOVATIONS IN CARE (SUPPORTED LIVING) LTD group structure
Innovations In Care (Supported Living) Ltd has no subsidiary companies.
Ultimate parent company
INNOVATIONS IN CARE (SUPPORTED LIVING) LTD
11340873
innovations in care (supported living) ltd directors
Innovations In Care (Supported Living) Ltd currently has 3 directors. The longest serving directors include Mrs Susan Fellows (May 2018) and Mr Kenneth Fellows (Jun 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Susan Fellows | England | 52 years | May 2018 | - | Director |
| Mr Kenneth Fellows | England | 54 years | Jun 2019 | - | Director |
| Claire Clappison | England | 45 years | Jun 2020 | - | Director |
P&L
August 2023turnover
1m
-1%
operating profit
-99.8k
0%
gross margin
22.8%
-10.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
90.1k
-0.52%
total assets
227.9k
-0.21%
cash
3.8k
-0.88%
net assets
Total assets minus all liabilities
Similar Companies
innovations in care (supported living) ltd company details
company number
11340873
Type
Private limited with Share Capital
industry
88990 - Other social work activities without accommodation n.e.c.
incorporation date
May 2018
age
6
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
August 2023
previous names
aspiring minds daycare (north hull) ltd (March 2020)
leap ahead nurseries (hull) ltd (November 2018)
accountant
-
auditor
-
address
72-74 clarence street, hull, HU9 1DN
Bank
-
Legal Advisor
-
innovations in care (supported living) 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 innovations in care (supported living) ltd.
innovations in care (supported living) ltd Companies House Filings - See Documents
| date | description | view/download |
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