compare my care limited
compare my care limited Company Information
Company Number
13184214
Website
-Registered Address
16 broad street, eye, suffolk, IP23 7AF
Industry
Other human health activities
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
oliver bee 51.3%
heather rajaratnam 33.9%
View Allcompare my care limited Estimated Valuation
Pomanda estimates the enterprise value of COMPARE MY CARE LIMITED at £110.5k based on a Turnover of £274.1k and 0.4x industry multiple (adjusted for size and gross margin).
compare my care limited Estimated Valuation
Pomanda estimates the enterprise value of COMPARE MY CARE LIMITED at £0 based on an EBITDA of £-54.1k and a 3.54x industry multiple (adjusted for size and gross margin).
compare my care limited Estimated Valuation
Pomanda estimates the enterprise value of COMPARE MY CARE LIMITED at £11.7k based on Net Assets of £4.9k and 2.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Compare My Care Limited Overview
Compare My Care Limited is a live company located in suffolk, IP23 7AF with a Companies House number of 13184214. It operates in the other human health activities sector, SIC Code 86900. Founded in February 2021, it's largest shareholder is oliver bee with a 51.3% stake. Compare My Care Limited is a startup, micro sized company, Pomanda has estimated its turnover at £274.1k with unknown growth in recent years.
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Compare My Care Limited Health Check
Pomanda's financial health check has awarded Compare My Care Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £274.1k, make it smaller than the average company (£761k)
- Compare My Care Limited
£761k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Compare My Care Limited
- - Industry AVG
Production
with a gross margin of 20.3%, this company has a higher cost of product (35%)
- Compare My Care Limited
35% - Industry AVG
Profitability
an operating margin of -19.7% make it less profitable than the average company (5.2%)
- Compare My Care Limited
5.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (19)
3 - Compare My Care Limited
19 - Industry AVG
Pay Structure
on an average salary of £25.8k, the company has an equivalent pay structure (£25.8k)
- Compare My Care Limited
£25.8k - Industry AVG
Efficiency
resulting in sales per employee of £91.4k, this is more efficient (£48.3k)
- Compare My Care Limited
£48.3k - Industry AVG
Debtor Days
it gets paid by customers after 120 days, this is later than average (22 days)
- Compare My Care Limited
22 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is slower than average (16 days)
- Compare My Care Limited
16 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Compare My Care Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Compare My Care Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.9%, this is a higher level of debt than the average (25.5%)
94.9% - Compare My Care Limited
25.5% - Industry AVG
COMPARE MY CARE LIMITED financials
Compare My Care Limited's latest turnover from December 2023 is estimated at £274.1 thousand and the company has net assets of £4.9 thousand. According to their latest financial statements, Compare My Care Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| 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 | 3 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | 6,000 | 12,606 | 1,205 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 6,000 | 12,606 | 1,205 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 90,713 | 60,234 | 202,803 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 90,713 | 60,234 | 202,803 |
| total assets | 96,713 | 72,840 | 204,008 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 12,263 | 12,823 | 19,320 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 12,263 | 12,823 | 19,320 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 79,511 | 960 | 960 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 79,511 | 960 | 960 |
| total liabilities | 91,774 | 13,783 | 20,280 |
| net assets | 4,939 | 59,057 | 183,728 |
| total shareholders funds | 4,939 | 59,057 | 183,728 |
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 30,479 | -142,569 | 202,803 |
| Creditors | -560 | -6,497 | 19,320 |
| Accruals and Deferred Income | 78,551 | 0 | 960 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
compare my care limited Credit Report and Business Information
Compare My Care Limited Competitor Analysis
Perform a competitor analysis for compare my care limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in IP23 area or any other competitors across 12 key performance metrics.
compare my care limited Ownership
COMPARE MY CARE LIMITED group structure
Compare My Care Limited has no subsidiary companies.
Ultimate parent company
COMPARE MY CARE LIMITED
13184214
compare my care limited directors
Compare My Care Limited currently has 2 directors. The longest serving directors include Mr Oliver Bee (Feb 2021) and Mr Matthew Aldous (Jul 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Oliver Bee | United Kingdom | 25 years | Feb 2021 | - | Director |
| Mr Matthew Aldous | 51 years | Jul 2022 | - | Director |
P&L
December 2023turnover
274.1k
+57%
operating profit
-54.1k
0%
gross margin
20.3%
+1.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.9k
-0.92%
total assets
96.7k
+0.33%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
compare my care limited company details
company number
13184214
Type
Private limited with Share Capital
industry
86900 - Other human health activities
incorporation date
February 2021
age
3
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
THE LAUREL PARTNERSHIP LTD
auditor
-
address
16 broad street, eye, suffolk, IP23 7AF
Bank
-
Legal Advisor
-
compare my 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 compare my care limited.
compare my care limited Companies House Filings - See Documents
| date | description | view/download |
|---|
