life in colour ltd

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life in colour ltd Company Information

Share LIFE IN COLOUR LTD

Company Number

11406575

Shareholders

borough care limited

Group Structure

View All

Industry

Residential care activities for the elderly and disabled

 +1

Registered Address

unit 9, acorn business park, heaton lane, stockport, cheshire, SK4 1AS

life in colour ltd Estimated Valuation

£486.4k

Pomanda estimates the enterprise value of LIFE IN COLOUR LTD at £486.4k based on a Turnover of £723.6k and 0.67x industry multiple (adjusted for size and gross margin).

life in colour ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of LIFE IN COLOUR LTD at £0 based on an EBITDA of £-18.4k and a 5.55x industry multiple (adjusted for size and gross margin).

life in colour ltd Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of LIFE IN COLOUR LTD at £1.9m based on Net Assets of £669.4k and 2.79x industry multiple (adjusted for liquidity).

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Life In Colour Ltd Overview

Life In Colour Ltd is a live company located in stockport, SK4 1AS with a Companies House number of 11406575. It operates in the residential care activities for the elderly and disabled sector, SIC Code 87300. Founded in June 2018, it's largest shareholder is borough care limited with a 100% stake. Life In Colour Ltd is a young, small sized company, Pomanda has estimated its turnover at £723.6k with declining growth in recent years.

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Life In Colour Ltd Health Check

Pomanda's financial health check has awarded Life In Colour Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £723.6k, make it smaller than the average company (£2.8m)

£723.6k - Life In Colour Ltd

£2.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -60%, show it is growing at a slower rate (6.2%)

-60% - Life In Colour Ltd

6.2% - Industry AVG

production

Production

with a gross margin of 37.8%, this company has a comparable cost of product (37.8%)

37.8% - Life In Colour Ltd

37.8% - Industry AVG

profitability

Profitability

an operating margin of -2.5% make it less profitable than the average company (8.8%)

-2.5% - Life In Colour Ltd

8.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (65)

2 - Life In Colour Ltd

65 - Industry AVG

paystructure

Pay Structure

on an average salary of £25.8k, the company has an equivalent pay structure (£25.8k)

£25.8k - Life In Colour Ltd

£25.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £361.8k, this is more efficient (£43.3k)

£361.8k - Life In Colour Ltd

£43.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 52 days, this is later than average (18 days)

52 days - Life In Colour Ltd

18 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Life In Colour Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Life In Colour Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 60 weeks, this is average cash available to meet short term requirements (52 weeks)

60 weeks - Life In Colour Ltd

52 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 47.6%, this is a higher level of debt than the average (37.1%)

47.6% - Life In Colour Ltd

37.1% - Industry AVG

LIFE IN COLOUR LTD financials

EXPORTms excel logo

Life In Colour Ltd's latest turnover from March 2024 is estimated at £723.6 thousand and the company has net assets of £669.4 thousand. According to their latest financial statements, Life In Colour Ltd has 2 employees and maintains cash reserves of £702.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Jun 2019
Turnover723,6025,063,58612,541,35511,065,938
Other Income Or Grants
Cost Of Sales450,0623,089,0227,803,8196,993,423
Gross Profit273,5401,974,5654,737,5364,072,515
Admin Expenses291,9701,679,1234,387,6243,891,513
Operating Profit-18,430295,442349,912181,002
Interest Payable
Interest Receivable18,430
Pre-Tax Profit295,442349,912181,002
Tax-56,134-66,483-34,390
Profit After Tax239,308283,429146,612
Dividends Paid
Retained Profit239,308283,429146,612
Employee Costs51,61248,28667,79865,120
Number Of Employees2233
EBITDA*-18,430295,442349,912181,002

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Jun 2019
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors103,265746,0191,755,5451,544,199
Group Debtors
Misc Debtors472,397200,420
Cash702,081
misc current assets
total current assets1,277,743946,4391,755,5451,544,199
total assets1,277,743946,4391,755,5451,544,199
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts608,393222,804316,785457,966
other short term finances
hp & lease commitments
other current liabilities54,2851,008,718939,620
total current liabilities608,393277,0891,325,5031,397,586
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities608,393277,0891,325,5031,397,586
net assets669,350669,350430,042146,613
total shareholders funds669,350669,350430,042146,613
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Jun 2019
Operating Activities
Operating Profit-18,430295,442349,912181,002
Depreciation
Amortisation
Tax-56,134-66,483-34,390
Stock
Debtors-370,777-809,106211,3461,544,199
Creditors
Accruals and Deferred Income-54,285-954,43369,098939,620
Deferred Taxes & Provisions
Cash flow from operations298,06293,981141,181-457,967
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts385,589-93,981-141,181457,966
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue1
interest18,430
cash flow from financing404,019-93,981-141,181457,967
cash and cash equivalents
cash702,081
overdraft
change in cash702,081

life in colour ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Life In Colour Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for life in colour ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in SK4 area or any other competitors across 12 key performance metrics.

life in colour ltd Ownership

LIFE IN COLOUR LTD group structure

Life In Colour Ltd has no subsidiary companies.

Ultimate parent company

LIFE IN COLOUR LTD

11406575

LIFE IN COLOUR LTD Shareholders

borough care limited 100%

life in colour ltd directors

Life In Colour Ltd currently has 2 directors. The longest serving directors include Mrs Isla Wilson (May 2019) and Mrs Rehka Patel-Harrison (Feb 2022).

officercountryagestartendrole
Mrs Isla WilsonEngland46 years May 2019- Director
Mrs Rehka Patel-HarrisonUnited Kingdom52 years Feb 2022- Director

P&L

March 2024

turnover

723.6k

-86%

operating profit

-18.4k

0%

gross margin

37.9%

-3.06%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

669.4k

0%

total assets

1.3m

+0.35%

cash

702.1k

0%

net assets

Total assets minus all liabilities

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life in colour ltd company details

company number

11406575

Type

Private limited with Share Capital

industry

87300 - Residential care activities for the elderly and disabled

87900 - Other residential care activities

incorporation date

June 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Small Company

last accounts submitted

March 2024

previous names

pyramid care homes limited (June 2019)

accountant

HURST ACCOUNTANTS LIMITED

auditor

-

address

unit 9, acorn business park, heaton lane, stockport, cheshire, SK4 1AS

Bank

-

Legal Advisor

-

life in colour 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 life in colour ltd.

life in colour 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.

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life in colour ltd Companies House Filings - See Documents

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