Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
unit 1, castleton court, fortran road, cardiff, CF3 0LT
Website
-
iris care group (wales) limitedEstimated Valuation
£106.6k
Pomanda estimates the enterprise value of IRIS CARE GROUP (WALES) LIMITED at £106.6k based on a Turnover of £100.2k and 1.06x industry multiple (adjusted for size and gross margin).
iris care group (wales) limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of IRIS CARE GROUP (WALES) LIMITED at £0 based on an EBITDA of £-221.7k and a 4.45x industry multiple (adjusted for size and gross margin).
iris care group (wales) limitedEstimated Valuation
£12.4m
Pomanda estimates the enterprise value of IRIS CARE GROUP (WALES) LIMITED at £12.4m based on Net Assets of £9.5m and 1.31x industry multiple (adjusted for liquidity).
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Iris Care Group (wales) LimitedOverview
Iris Care Group (wales) Limited is a live company located in cardiff, CF3 0LT with a Companies House number of 13669399. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in October 2021, it's largest shareholder is
iris care group midco 2 limited
with a 100% stake. Iris Care Group (wales) Limited is a startup,
micro sized company, Pomanda has estimated its turnover at
£100.2k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Iris Care Group (Wales) Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating0.5out of 5
0 Strong
1 Regular
7 Weak
Size
annual sales of £100.2k, make it smaller than the average company (£19.4m)
£100.2k - Iris Care Group (wales) Limited
£19.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Iris Care Group (wales) Limited
- - Industry AVG
Production
with a gross margin of 34.8%, this company has a comparable cost of product (34.8%)
34.8% - Iris Care Group (wales) Limited
34.8% - Industry AVG
Profitability
an operating margin of -223.7% make it less profitable than the average company (4.6%)
-223.7% - Iris Care Group (wales) Limited
4.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (105)
3 - Iris Care Group (wales) Limited
105 - Industry AVG
Pay Structure
on an average salary of £66.1k, the company has a higher pay structure (£44.9k)
£66.1k - Iris Care Group (wales) Limited
£44.9k - Industry AVG
Efficiency
resulting in sales per employee of £33.4k, this is less efficient (£193.5k)
£33.4k - Iris Care Group (wales) Limited
£193.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Iris Care Group (wales) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Iris Care Group (wales) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Iris Care Group (wales) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Iris Care Group (wales) Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.3%, this is a higher level of debt than the average (68.4%)
86.3% - Iris Care Group (wales) Limited
68.4% - Industry AVG
IRIS CARE GROUP (WALES) LIMITED financials
EXPORT
Iris Care Group (Wales) Limited's latest turnover from April 2024 is £100.2 thousand and the company has net assets of £9.5 million. According to their latest financial statements, Iris Care Group (Wales) Limited has 3 employees and maintains cash reserves of £134.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Turnover
100,167
99,833
21,802,718
Other Income Or Grants
Cost Of Sales
65,360
65,023
16,330,145
Gross Profit
34,807
34,810
5,472,573
Admin Expenses
258,865
703,960
4,424,014
Operating Profit
-224,058
-669,150
1,048,559
Interest Payable
5,150,749
5,103,178
3,003,127
Interest Receivable
1,200,000
350,000
Pre-Tax Profit
-4,174,807
-5,422,328
-4,737,568
Tax
851,997
Profit After Tax
-4,174,807
-5,422,328
-3,885,571
Dividends Paid
Retained Profit
-4,174,807
-5,422,328
-3,885,571
Employee Costs
198,293
179,425
10,140,866
Number Of Employees
3
3
400
EBITDA*
-221,748
-669,150
2,163,333
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Tangible Assets
96,062,492
Intangible Assets
71,217
15,479,685
Investments & Other
69,087,913
69,219,093
Debtors (Due After 1 year)
Total Fixed Assets
69,159,130
69,219,093
111,542,177
Stock & work in progress
56,520
Trade Debtors
3,910,900
Group Debtors
280,439
Misc Debtors
1,556
257,434
1,533,443
Cash
134,732
14,245
2,572,680
misc current assets
total current assets
416,727
271,679
8,073,543
total assets
69,575,857
69,490,772
119,615,720
Bank overdraft
Bank loan
2,404,596
Trade Creditors
19,979
1,983,398
Group/Directors Accounts
58,091,557
53,822,723
48,683,620
other short term finances
hp & lease commitments
33,846
other current liabilities
41,441
30,404
3,372,513
total current liabilities
58,132,998
53,873,106
56,477,973
loans
31,622,382
hp & lease commitments
456
Accruals and Deferred Income
other liabilities
1,923,553
1,923,553
1,923,553
provisions
11,985,508
total long term liabilities
1,923,553
1,923,553
45,531,899
total liabilities
60,056,551
55,796,659
102,009,872
net assets
9,519,306
13,694,113
17,605,848
total shareholders funds
9,519,306
13,694,113
17,605,848
Apr 2024
Apr 2023
Apr 2022
Operating Activities
Operating Profit
-224,058
-669,150
1,048,559
Depreciation
437,297
Amortisation
2,310
677,477
Tax
851,997
Stock
-56,520
56,520
Debtors
24,561
-5,186,909
5,444,343
Creditors
-19,979
-1,963,419
1,983,398
Accruals and Deferred Income
11,037
-3,342,109
3,372,513
Deferred Taxes & Provisions
-11,985,508
11,985,508
Cash flow from operations
-255,251
-12,716,757
14,855,886
Investing Activities
capital expenditure
-73,527
111,542,177
-112,656,951
Change in Investments
-131,180
69,219,093
cash flow from investments
57,653
42,323,084
-112,656,951
Financing Activities
Bank loans
-2,404,596
2,404,596
Group/Directors Accounts
4,268,834
5,139,103
48,683,620
Other Short Term Loans
Long term loans
-31,622,382
31,622,382
Hire Purchase and Lease Commitments
-34,302
34,302
other long term liabilities
1,923,553
share issue
1,510,593
21,491,419
interest
-3,950,749
-4,753,178
-3,003,127
cash flow from financing
318,085
-32,164,762
103,156,745
cash and cash equivalents
cash
120,487
-2,558,435
2,572,680
overdraft
change in cash
120,487
-2,558,435
2,572,680
iris care group (wales) limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for iris care group (wales) limited. Get real-time insights into iris care group (wales) limited's credit score, group structure and payment trends.
Iris Care Group (wales) Limited Competitor Analysis
Perform a competitor analysis for iris care group (wales) limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in CF3 area or any other competitors across 12 key performance metrics.
iris care group (wales) limited Ownership
IRIS CARE GROUP (WALES) LIMITED group structure
Iris Care Group (Wales) Limited has 1 subsidiary company.
The sole shareholder of Iris Care Group (Wales) Limited is Iris Care Group Midco 2 Limited.
iris care group midco 2 limited
100%
iris care group (wales) limited directors
Iris Care Group (Wales) Limited currently has 4 directors.
The longest serving directors include
Mr Spence Clunie (Oct 2021) and
Mr Timothy Power (Oct 2021).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024
net assets
9.5m
-0.3%
total assets
69.6m
0%
cash
134.7k
+8.46%
net assets
Total assets minus all liabilities
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iris care group (wales) limited company details
company number
13669399
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
October 2021
age
4
incorporated
UK
ultimate parent company
ANCALA INFRASTRUCTURE FUND II SCSP
accounts
Full Accounts
last accounts submitted
April 2024
previous names
ancala care west limited (January 2024)
accountant
-
auditor
HAZLEWOODS LLP
address
unit 1, castleton court, fortran road, cardiff, CF3 0LT
Bank
-
Legal Advisor
-
iris care group (wales) 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 found 1 charges/mortgages relating to iris care group (wales) limited. Currently there are 1 open charges and 0 have been satisfied in the past.
iris care group (wales) limited 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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iris care group (wales) limitedCompanies House Filings - See Documents
