mid & east antrim agewell partnership
mid & east antrim agewell partnership Company Information
Company Number
NI620052
Next Accounts
Dec 2025
Shareholders
-
Group Structure
View All
Industry
Social work activities without accommodation for the elderly and disabled
Registered Address
broughshane house, broughshane house, ballymena, county antrim, BT42 4JW
Website
www.meaap.co.ukmid & east antrim agewell partnership Estimated Valuation
Pomanda estimates the enterprise value of MID & EAST ANTRIM AGEWELL PARTNERSHIP at £321.1k based on a Turnover of £593.3k and 0.54x industry multiple (adjusted for size and gross margin).
mid & east antrim agewell partnership Estimated Valuation
Pomanda estimates the enterprise value of MID & EAST ANTRIM AGEWELL PARTNERSHIP at £0 based on an EBITDA of £-40.2k and a 5.55x industry multiple (adjusted for size and gross margin).
mid & east antrim agewell partnership Estimated Valuation
Pomanda estimates the enterprise value of MID & EAST ANTRIM AGEWELL PARTNERSHIP at £494.3k based on Net Assets of £175.5k and 2.82x industry multiple (adjusted for liquidity).
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Mid & East Antrim Agewell Partnership Overview
Mid & East Antrim Agewell Partnership is a live company located in ballymena, BT42 4JW with a Companies House number of NI620052. It operates in the social work activities without accommodation for the elderly and disabled sector, SIC Code 88100. Founded in August 2013, it's largest shareholder is unknown. Mid & East Antrim Agewell Partnership is a established, small sized company, Pomanda has estimated its turnover at £593.3k with healthy growth in recent years.
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Mid & East Antrim Agewell Partnership Health Check
Pomanda's financial health check has awarded Mid & East Antrim Agewell Partnership a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £593.3k, make it in line with the average company (£540.4k)
£593.3k - Mid & East Antrim Agewell Partnership
£540.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (4%)
10% - Mid & East Antrim Agewell Partnership
4% - Industry AVG
Production
with a gross margin of 33.3%, this company has a comparable cost of product (33.3%)
33.3% - Mid & East Antrim Agewell Partnership
33.3% - Industry AVG
Profitability
an operating margin of -8.3% make it less profitable than the average company (1.5%)
-8.3% - Mid & East Antrim Agewell Partnership
1.5% - Industry AVG
Employees
with 11 employees, this is below the industry average (18)
11 - Mid & East Antrim Agewell Partnership
18 - Industry AVG
Pay Structure
on an average salary of £29.4k, the company has a higher pay structure (£20.7k)
£29.4k - Mid & East Antrim Agewell Partnership
£20.7k - Industry AVG
Efficiency
resulting in sales per employee of £53.9k, this is more efficient (£30.4k)
£53.9k - Mid & East Antrim Agewell Partnership
£30.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Mid & East Antrim Agewell Partnership
- - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is slower than average (5 days)
11 days - Mid & East Antrim Agewell Partnership
5 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mid & East Antrim Agewell Partnership
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 97 weeks, this is less cash available to meet short term requirements (235 weeks)
97 weeks - Mid & East Antrim Agewell Partnership
235 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 17.7%, this is a higher level of debt than the average (12.3%)
17.7% - Mid & East Antrim Agewell Partnership
12.3% - Industry AVG
MID & EAST ANTRIM AGEWELL PARTNERSHIP financials
Mid & East Antrim Agewell Partnership's latest turnover from March 2024 is £593.3 thousand and the company has net assets of £175.5 thousand. According to their latest financial statements, Mid & East Antrim Agewell Partnership has 11 employees and maintains cash reserves of £70.8 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 593,256 | 645,482 | 532,356 | 449,617 | 594,449 | 496,251 | 465,054 | 213,787 | 228,594 | 201,214 | 126,399 |
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | |||||||||||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | -44,451 | 47,469 | 25,081 | -30,478 | 83,713 | 26,476 | 16,261 | 2,058 | 26,353 | 4,672 | 18,324 |
| Tax | |||||||||||
| Profit After Tax | -44,451 | 47,469 | 25,081 | -30,478 | 83,713 | 26,476 | 16,261 | 2,058 | 26,353 | 4,672 | 18,324 |
| Dividends Paid | |||||||||||
| Retained Profit | -44,451 | 47,469 | 25,081 | -30,478 | 83,713 | 26,476 | 16,261 | 2,058 | 26,353 | 4,672 | 18,324 |
| Employee Costs | 323,602 | 312,111 | 240,401 | 208,594 | 221,675 | ||||||
| Number Of Employees | 11 | 11 | 10 | 8 | 10 | ||||||
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 12,133 | 20,033 | 24,236 | 26,455 | |||||||
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 12,133 | 20,033 | 24,236 | 26,455 | |||||||
| Stock & work in progress | |||||||||||
| Trade Debtors | |||||||||||
| Group Debtors | |||||||||||
| Misc Debtors | 130,350 | 110,257 | 22,021 | 152,886 | 73,218 | ||||||
| Cash | 70,775 | 120,500 | 178,663 | 32,828 | 149,694 | 95,170 | 67,658 | 51,397 | 49,339 | 22,986 | 18,314 |
| misc current assets | |||||||||||
| total current assets | 201,125 | 230,757 | 200,684 | 185,714 | 222,912 | 95,170 | 67,658 | 51,397 | 49,339 | 22,986 | 18,314 |
| total assets | 213,258 | 250,790 | 224,920 | 212,169 | 222,912 | 95,170 | 67,658 | 51,397 | 49,339 | 22,986 | 18,314 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 12,876 | 10,659 | 28,604 | 18,935 | 22,504 | 1,036 | |||||
| Group/Directors Accounts | |||||||||||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 24,914 | 20,212 | 23,866 | 45,865 | 22,561 | ||||||
| total current liabilities | 37,790 | 30,871 | 52,470 | 64,800 | 45,065 | 1,036 | |||||
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | |||||||||||
| total long term liabilities | |||||||||||
| total liabilities | 37,790 | 30,871 | 52,470 | 64,800 | 45,065 | 1,036 | |||||
| net assets | 175,468 | 219,919 | 172,450 | 147,369 | 177,847 | 94,134 | 67,658 | 51,397 | 49,339 | 22,986 | 18,314 |
| total shareholders funds | 175,468 | 219,919 | 172,450 | 147,369 | 177,847 | 94,134 | 67,658 | 51,397 | 49,339 | 22,986 | 18,314 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 9,257 | 8,673 | 6,815 | 563 | |||||||
| Amortisation | |||||||||||
| Tax | |||||||||||
| Stock | |||||||||||
| Debtors | 20,093 | 88,236 | -130,865 | 79,668 | 73,218 | ||||||
| Creditors | 2,217 | -17,945 | 9,669 | -3,569 | 21,468 | 1,036 | |||||
| Accruals and Deferred Income | 4,702 | -3,654 | -21,999 | 23,304 | 22,561 | ||||||
| Deferred Taxes & Provisions | |||||||||||
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | |||||||||||
| Other Short Term Loans | |||||||||||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | -10 | ||||||||||
| cash and cash equivalents | |||||||||||
| cash | -49,725 | -58,163 | 145,835 | -116,866 | 54,524 | 27,512 | 16,261 | 2,058 | 26,353 | 4,672 | 18,314 |
| overdraft | |||||||||||
| change in cash | -49,725 | -58,163 | 145,835 | -116,866 | 54,524 | 27,512 | 16,261 | 2,058 | 26,353 | 4,672 | 18,314 |
mid & east antrim agewell partnership Credit Report and Business Information
Mid & East Antrim Agewell Partnership Competitor Analysis
Perform a competitor analysis for mid & east antrim agewell partnership by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in BT42 area or any other competitors across 12 key performance metrics.
mid & east antrim agewell partnership Ownership
MID & EAST ANTRIM AGEWELL PARTNERSHIP group structure
Mid & East Antrim Agewell Partnership has no subsidiary companies.
Ultimate parent company
MID & EAST ANTRIM AGEWELL PARTNERSHIP
NI620052
mid & east antrim agewell partnership directors
Mid & East Antrim Agewell Partnership currently has 9 directors. The longest serving directors include Mr Steven Gordon (Oct 2019) and Mr William McCaughey (Oct 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Steven Gordon | United Kingdom | 33 years | Oct 2019 | - | Director |
| Mr William McCaughey | United Kingdom | 58 years | Oct 2021 | - | Director |
| Mrs Joan McGuigan | United Kingdom | 70 years | Oct 2021 | - | Director |
| Mrs Deborah Neill | Northern Ireland | 64 years | Nov 2021 | - | Director |
| Mr Stephen Slaine | 60 years | Nov 2021 | - | Director | |
| Mrs Kerry Brady | United Kingdom | 52 years | Oct 2022 | - | Director |
| Mrs Alison Kennan | United Kingdom | 49 years | Oct 2022 | - | Director |
| Mrs Anne Bell | United Kingdom | 72 years | Oct 2022 | - | Director |
| Mr Iain Deboys | Uk | 66 years | Oct 2022 | - | Director |
P&L
March 2024turnover
593.3k
-8%
operating profit
-49.5k
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
175.5k
-0.2%
total assets
213.3k
-0.15%
cash
70.8k
-0.41%
net assets
Total assets minus all liabilities
mid & east antrim agewell partnership company details
company number
NI620052
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
August 2013
age
12
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
D T CARSON & CO
address
broughshane house, broughshane house, ballymena, county antrim, BT42 4JW
Bank
ULSTER BANK LTD
Legal Advisor
-
mid & east antrim agewell partnership 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 mid & east antrim agewell partnership.
mid & east antrim agewell partnership 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.
Click to start generating capital raising & share issue transactions for MID & EAST ANTRIM AGEWELL PARTNERSHIP. This can take several minutes, an email will notify you when this has completed.
mid & east antrim agewell partnership Companies House Filings - See Documents
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