globe court care home limited

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globe court care home limited Company Information

Share GLOBE COURT CARE HOME LIMITED

Company Number

14581626

Shareholders

mr reuven bloom

mr hadley newman

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Group Structure

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Industry

Residential care activities for the elderly and disabled

 

Registered Address

suite 7 arkleigh mansions, 200 brent street, london, NW4 1BJ

Website

-

globe court care home limited Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of GLOBE COURT CARE HOME LIMITED at £1.7m based on a Turnover of £2m and 0.84x industry multiple (adjusted for size and gross margin).

globe court care home limited Estimated Valuation

£778.4k

Pomanda estimates the enterprise value of GLOBE COURT CARE HOME LIMITED at £778.4k based on an EBITDA of £126.6k and a 6.15x industry multiple (adjusted for size and gross margin).

globe court care home limited Estimated Valuation

£0

Pomanda estimates the enterprise value of GLOBE COURT CARE HOME LIMITED at £0 based on Net Assets of £-137.7k and 2.99x industry multiple (adjusted for liquidity).

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Globe Court Care Home Limited Overview

Globe Court Care Home Limited is a live company located in london, NW4 1BJ with a Companies House number of 14581626. It operates in the residential care activities for the elderly and disabled sector, SIC Code 87300. Founded in January 2023, it's largest shareholder is mr reuven bloom with a 45% stake. Globe Court Care Home Limited is a startup, small sized company, Pomanda has estimated its turnover at £2m with unknown growth in recent years.

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Globe Court Care Home Limited Health Check

Pomanda's financial health check has awarded Globe Court Care Home Limited a 1.5 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 Rating1.5out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £2m, make it smaller than the average company (£3.3m)

£2m - Globe Court Care Home Limited

£3.3m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Globe Court Care Home Limited

- - Industry AVG

production

Production

with a gross margin of 39%, this company has a comparable cost of product (39%)

39% - Globe Court Care Home Limited

39% - Industry AVG

profitability

Profitability

an operating margin of 3.3% make it less profitable than the average company (10.6%)

3.3% - Globe Court Care Home Limited

10.6% - Industry AVG

employees

Employees

with 43 employees, this is below the industry average (74)

43 - Globe Court Care Home Limited

74 - Industry AVG

paystructure

Pay Structure

on an average salary of £24.3k, the company has an equivalent pay structure (£24.3k)

£24.3k - Globe Court Care Home Limited

£24.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £46.4k, this is equally as efficient (£40.8k)

£46.4k - Globe Court Care Home Limited

£40.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 25 days, this is later than average (16 days)

25 days - Globe Court Care Home Limited

16 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 21 days, this is slower than average (13 days)

21 days - Globe Court Care Home Limited

13 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Globe Court Care Home Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (30 weeks)

3 weeks - Globe Court Care Home Limited

30 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 103%, this is a higher level of debt than the average (44.4%)

103% - Globe Court Care Home Limited

44.4% - Industry AVG

GLOBE COURT CARE HOME LIMITED financials

EXPORTms excel logo

Globe Court Care Home Limited's latest turnover from March 2024 is estimated at £2 million and the company has net assets of -£137.7 thousand. According to their latest financial statements, Globe Court Care Home Limited has 43 employees and maintains cash reserves of £292.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024
Turnover1,994,229
Other Income Or Grants
Cost Of Sales1,217,562
Gross Profit776,667
Admin Expenses711,595
Operating Profit65,072
Interest Payable210,546
Interest Receivable7,671
Pre-Tax Profit-137,804
Tax
Profit After Tax-137,804
Dividends Paid
Retained Profit-137,804
Employee Costs1,043,680
Number Of Employees43
EBITDA*126,605

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024
Tangible Assets198,896
Intangible Assets2,461,323
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,660,219
Stock & work in progress
Trade Debtors139,685
Group Debtors1,574,534
Misc Debtors8,504
Cash292,218
misc current assets
total current assets2,014,941
total assets4,675,160
Bank overdraft
Bank loan
Trade Creditors 70,400
Group/Directors Accounts696,968
other short term finances3,743,046
hp & lease commitments
other current liabilities302,098
total current liabilities4,812,512
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions352
total long term liabilities352
total liabilities4,812,864
net assets-137,704
total shareholders funds-137,704
Mar 2024
Operating Activities
Operating Profit65,072
Depreciation48,856
Amortisation12,677
Tax
Stock
Debtors1,722,723
Creditors70,400
Accruals and Deferred Income302,098
Deferred Taxes & Provisions352
Cash flow from operations-1,223,268
Investing Activities
capital expenditure-2,721,752
Change in Investments
cash flow from investments-2,721,752
Financing Activities
Bank loans
Group/Directors Accounts696,968
Other Short Term Loans 3,743,046
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest-202,875
cash flow from financing4,237,239
cash and cash equivalents
cash292,218
overdraft
change in cash292,218

globe court care home limited 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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Globe Court Care Home Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for globe court care home limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in NW4 area or any other competitors across 12 key performance metrics.

globe court care home limited Ownership

GLOBE COURT CARE HOME LIMITED group structure

Globe Court Care Home Limited has no subsidiary companies.

Ultimate parent company

GLOBE COURT CARE HOME LIMITED

14581626

GLOBE COURT CARE HOME LIMITED Shareholders

mr reuven bloom 45%
mr hadley newman 45%
mrs keeley newman 5%
mrs esther bloom 5%

globe court care home limited directors

Globe Court Care Home Limited currently has 2 directors. The longest serving directors include Mr Hadley Newman (Jan 2023) and Mr Reuven Bloom (Jan 2023).

officercountryagestartendrole
Mr Hadley NewmanUnited Kingdom45 years Jan 2023- Director
Mr Reuven BloomUnited Kingdom44 years Jan 2023- Director

P&L

March 2024

turnover

2m

0%

operating profit

65.1k

0%

gross margin

39%

0%

turnover

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

Balance Sheet

March 2024

net assets

-137.7k

0%

total assets

4.7m

0%

cash

292.2k

0%

net assets

Total assets minus all liabilities

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globe court care home limited company details

company number

14581626

Type

Private limited with Share Capital

industry

87300 - Residential care activities for the elderly and disabled

incorporation date

January 2023

age

2

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

HAZLEWOODS LLP

auditor

-

address

suite 7 arkleigh mansions, 200 brent street, london, NW4 1BJ

Bank

-

Legal Advisor

-

globe court care home 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 globe court care home limited. Currently there are 1 open charges and 0 have been satisfied in the past.

globe court care home 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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globe court care home limited Companies House Filings - See Documents

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