strabane community project
strabane community project Company Information
Group Structure
View All
Industry
Social work activities without accommodation for the elderly and disabled
Registered Address
42 barrack street strabane, barrack street, strabane, tyrone, BT82 8HD
strabane community project Estimated Valuation
Pomanda estimates the enterprise value of STRABANE COMMUNITY PROJECT at £307k based on a Turnover of £567.7k and 0.54x industry multiple (adjusted for size and gross margin).
strabane community project Estimated Valuation
Pomanda estimates the enterprise value of STRABANE COMMUNITY PROJECT at £28.7k based on an EBITDA of £5.2k and a 5.54x industry multiple (adjusted for size and gross margin).
strabane community project Estimated Valuation
Pomanda estimates the enterprise value of STRABANE COMMUNITY PROJECT at £744k based on Net Assets of £264.1k and 2.82x industry multiple (adjusted for liquidity).
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Strabane Community Project Overview
Strabane Community Project is a live company located in strabane, BT82 8HD with a Companies House number of NI027140. It operates in the social work activities without accommodation for the elderly and disabled sector, SIC Code 88100. Founded in January 1993, it's largest shareholder is unknown. Strabane Community Project is a mature, small sized company, Pomanda has estimated its turnover at £567.7k with declining growth in recent years.
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Strabane Community Project Health Check
Pomanda's financial health check has awarded Strabane Community Project a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
5 Regular
4 Weak
Size
annual sales of £567.7k, make it in line with the average company (£540.2k)
£567.7k - Strabane Community Project
£540.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (4%)
-3% - Strabane Community Project
4% - Industry AVG
Production
with a gross margin of 33.3%, this company has a comparable cost of product (33.3%)
33.3% - Strabane Community Project
33.3% - Industry AVG
Profitability
an operating margin of -1.1% make it less profitable than the average company (1.5%)
-1.1% - Strabane Community Project
1.5% - Industry AVG
Employees
with 18 employees, this is similar to the industry average (18)
18 - Strabane Community Project
18 - Industry AVG
Pay Structure
on an average salary of £13.4k, the company has a lower pay structure (£20.7k)
£13.4k - Strabane Community Project
£20.7k - Industry AVG
Efficiency
resulting in sales per employee of £31.5k, this is equally as efficient (£30.4k)
£31.5k - Strabane Community Project
£30.4k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is near the average (18 days)
19 days - Strabane Community Project
18 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is slower than average (5 days)
14 days - Strabane Community Project
5 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (6 days)
0 days - Strabane Community Project
6 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (235 weeks)
8 weeks - Strabane Community Project
235 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16.7%, this is a higher level of debt than the average (12.3%)
16.7% - Strabane Community Project
12.3% - Industry AVG
STRABANE COMMUNITY PROJECT financials
Strabane Community Project's latest turnover from March 2024 is £567.7 thousand and the company has net assets of £264.1 thousand. According to their latest financial statements, Strabane Community Project has 18 employees and maintains cash reserves of £9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 567,713 | 542,769 | 487,069 | 629,323 | 480,940 | 435,439 | 372,796 | 315,034 | 346,614 | 300,375 | 320,210 | 191,412 | 212,275 | ||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | -194 | 101,859 | 6,175 | -4,269 | |||||||||||
| Interest Payable | 18 | 215 | |||||||||||||
| Interest Receivable | 1 | ||||||||||||||
| Pre-Tax Profit | -7,744 | -5,462 | -22,431 | 70,478 | -58,989 | -71,631 | -17,398 | -37,477 | 6,544 | -194 | 101,859 | 6,157 | -4,483 | ||
| Tax | |||||||||||||||
| Profit After Tax | -7,744 | -5,462 | -22,431 | 70,478 | -58,989 | -71,631 | -17,398 | -37,477 | 6,544 | -194 | 101,859 | 6,157 | -4,483 | ||
| Dividends Paid | |||||||||||||||
| Retained Profit | -7,744 | -5,462 | -22,431 | 70,478 | -58,989 | -71,631 | -17,398 | -37,477 | 6,544 | -194 | 101,859 | 6,157 | -4,483 | ||
| Employee Costs | 241,951 | 223,467 | 199,720 | 257,214 | 245,576 | 195,708 | 149,775 | 142,482 | 146,291 | 155,550 | 112,286 | 111,782 | |||
| Number Of Employees | 18 | 18 | 18 | 16 | 17 | 20 | 15 | 16 | 17 | ||||||
| EBITDA* | 6,149 | 115,615 | 8,743 | -3,301 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 275,695 | 287,288 | 297,107 | 309,401 | 324,212 | 301,092 | 292,320 | 117,699 | 95,149 | 97,605 | 31,391 | 25,374 | 15,024 | 10,274 | 12,376 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 275,695 | 287,288 | 297,107 | 309,401 | 324,212 | 301,092 | 292,320 | 117,699 | 95,149 | 97,605 | 31,391 | 25,374 | 15,024 | 10,274 | 12,376 |
| Stock & work in progress | 319 | 674 | 701 | 750 | 1,950 | 2,184 | 753 | 400 | 7,965 | 8,258 | 6,635 | 7,100 | 175 | 175 | 175 |
| Trade Debtors | 29,603 | 21,793 | 7,534 | 29,501 | 21,772 | 33,513 | 30,908 | 32,638 | 21,623 | 17,819 | 12,120 | ||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 2,381 | 3,651 | 4,140 | 7,814 | 1,625 | 4,310 | 4,300 | 4,845 | 2,381 | 18,706 | 21,983 | 7,091 | 4,587 | ||
| Cash | 9,022 | 18,235 | 8,389 | 14,305 | 5,879 | 8,396 | 20,374 | 64,249 | 86,660 | 86,313 | 66,428 | 73,167 | 79,920 | 28,055 | 8,465 |
| misc current assets | |||||||||||||||
| total current assets | 41,325 | 44,353 | 20,764 | 52,370 | 31,226 | 48,403 | 56,335 | 102,132 | 118,629 | 112,390 | 85,183 | 98,973 | 102,078 | 35,321 | 13,227 |
| total assets | 317,020 | 331,641 | 317,871 | 361,771 | 355,438 | 349,495 | 348,655 | 219,831 | 213,778 | 209,995 | 116,574 | 124,347 | 117,102 | 45,595 | 25,603 |
| Bank overdraft | 17,453 | 17,815 | 6,699 | 1,251 | 225 | 162 | |||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 15,063 | 25,435 | 23,803 | 44,861 | 100,295 | 35,945 | 26,597 | 29,384 | 5,155 | 9,295 | 10,502 | ||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 1,000 | 1,500 | 3,000 | 11,000 | 16,000 | 4,552 | 4,666 | ||||||||
| hp & lease commitments | 189 | ||||||||||||||
| other current liabilities | 20,377 | 15,520 | 8,536 | 12,895 | 14,632 | 5,275 | 4,584 | 4,270 | 3,717 | 10,387 | 4,273 | 14,752 | 10,100 | ||
| total current liabilities | 52,893 | 59,770 | 40,538 | 62,007 | 126,152 | 57,220 | 31,343 | 33,654 | 8,872 | 9,295 | 10,502 | 10,387 | 4,273 | 19,304 | 14,955 |
| loans | 4,000 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 113,330 | 94,582 | |||||||||||||
| other liabilities | 102,400 | 14,892 | |||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 4,000 | 113,330 | 94,582 | 102,400 | 14,892 | ||||||||||
| total liabilities | 52,893 | 59,770 | 40,538 | 62,007 | 126,152 | 61,220 | 31,343 | 146,984 | 103,454 | 111,695 | 25,394 | 10,387 | 4,273 | 19,304 | 14,955 |
| net assets | 264,127 | 271,871 | 277,333 | 299,764 | 229,286 | 288,275 | 317,312 | 72,847 | 110,324 | 98,300 | 91,180 | 113,960 | 112,829 | 26,291 | 10,648 |
| total shareholders funds | 264,127 | 271,871 | 277,333 | 299,764 | 229,286 | 288,275 | 317,312 | 72,847 | 110,324 | 98,300 | 91,180 | 113,960 | 112,829 | 26,291 | 10,648 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -194 | 101,859 | 6,175 | -4,269 | |||||||||||
| Depreciation | 11,593 | 12,872 | 13,832 | 15,311 | 17,642 | 19,744 | 16,259 | 6,617 | 6,704 | 7,758 | 7,848 | 6,343 | 13,756 | 2,568 | 968 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -355 | -27 | -49 | -1,200 | -234 | 1,431 | 353 | -7,565 | -293 | 1,623 | -465 | 6,925 | 175 | ||
| Debtors | 6,540 | 13,770 | -25,641 | 13,918 | -14,426 | 2,615 | -2,275 | 13,479 | 6,185 | 5,699 | -6,586 | -3,277 | 14,892 | 2,504 | 4,587 |
| Creditors | -10,372 | 1,632 | -21,058 | -55,434 | 64,350 | 9,348 | -2,787 | 24,229 | -4,140 | -1,207 | 10,502 | ||||
| Accruals and Deferred Income | 4,857 | 6,984 | -4,359 | -1,737 | 9,357 | 691 | -113,016 | 19,301 | 98,299 | -10,387 | 6,114 | -10,479 | 4,652 | 10,100 | |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 8,615 | 90,244 | 10,891 | 2,037 | |||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -191,349 | -29,167 | |||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | -191,349 | -29,167 | |||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | -1,000 | -500 | -1,500 | -8,000 | -5,000 | 16,000 | -4,552 | -114 | 4,666 | ||||||
| Long term loans | -4,000 | 4,000 | |||||||||||||
| Hire Purchase and Lease Commitments | -189 | 189 | |||||||||||||
| other long term liabilities | -102,400 | 87,508 | 14,892 | ||||||||||||
| share issue | |||||||||||||||
| interest | -18 | -214 | |||||||||||||
| cash flow from financing | -1,000 | -500 | -1,500 | -8,000 | -9,000 | 62,594 | 261,863 | -96,920 | 1,325 | -19,873 | 9,165 | 19,772 | |||
| cash and cash equivalents | |||||||||||||||
| cash | -9,213 | 9,846 | -5,916 | 8,426 | -2,517 | -11,978 | -43,875 | -22,411 | 347 | 19,885 | -6,739 | -6,753 | 51,865 | 19,590 | 8,465 |
| overdraft | -362 | 11,116 | 5,448 | 1,026 | 225 | -162 | 162 | ||||||||
| change in cash | -8,851 | -1,270 | -11,364 | 7,400 | -2,742 | -11,816 | -44,037 | -22,411 | 347 | 19,885 | -6,739 | -6,753 | 51,865 | 19,590 | 8,465 |
strabane community project Credit Report and Business Information
Strabane Community Project Competitor Analysis
Perform a competitor analysis for strabane community project by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in BT82 area or any other competitors across 12 key performance metrics.
strabane community project Ownership
STRABANE COMMUNITY PROJECT group structure
Strabane Community Project has no subsidiary companies.
Ultimate parent company
STRABANE COMMUNITY PROJECT
NI027140
strabane community project directors
Strabane Community Project currently has 7 directors. The longest serving directors include Mrs Mary Coyle (Jan 1993) and Rev. Declan Boland (Jan 2002).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Mary Coyle | 85 years | Jan 1993 | - | Director | |
| Rev. Declan Boland | 76 years | Jan 2002 | - | Director | |
| Mrs Pauline Perry | 71 years | Feb 2009 | - | Director | |
| Mrs Perpetua Foley | Northern Ireland | 63 years | Jan 2017 | - | Director |
| Mr Ronan Gilloway | United Kingdom | 43 years | Apr 2019 | - | Director |
| Ms Bernadette Haughey | United Kingdom | 45 years | Apr 2019 | - | Director |
| Mr Shaun McGlade | Northern Ireland | 38 years | Mar 2023 | - | Director |
P&L
March 2024turnover
567.7k
+5%
operating profit
-6.4k
0%
gross margin
33.3%
+4.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
264.1k
-0.03%
total assets
317k
-0.04%
cash
9k
-0.51%
net assets
Total assets minus all liabilities
strabane community project company details
company number
NI027140
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
88100 - Social work activities without accommodation for the elderly and disabled
incorporation date
January 1993
age
32
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
strabane community project (October 2009)
accountant
-
auditor
MCALEER JACKSON LTD
address
42 barrack street strabane, barrack street, strabane, tyrone, BT82 8HD
Bank
BANK OF IRELAND
Legal Advisor
-
strabane community project 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 strabane community project.
strabane community project 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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strabane community project Companies House Filings - See Documents
| date | description | view/download |
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