fresh start (scotland)
fresh start (scotland) Company Information
Group Structure
View All
Industry
Other social work activities without accommodation n.e.c.
Registered Address
22 - 24 ferry road drive, edinburgh, midlothian, EH4 4BR
Website
http://freshstartweb.org.ukfresh start (scotland) Estimated Valuation
Pomanda estimates the enterprise value of FRESH START (SCOTLAND) at £702.9k based on a Turnover of £1.5m and 0.46x industry multiple (adjusted for size and gross margin).
fresh start (scotland) Estimated Valuation
Pomanda estimates the enterprise value of FRESH START (SCOTLAND) at £2m based on an EBITDA of £423.5k and a 4.62x industry multiple (adjusted for size and gross margin).
fresh start (scotland) Estimated Valuation
Pomanda estimates the enterprise value of FRESH START (SCOTLAND) at £3.1m based on Net Assets of £997.8k and 3.12x industry multiple (adjusted for liquidity).
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Fresh Start (scotland) Overview
Fresh Start (scotland) is a live company located in midlothian, EH4 4BR with a Companies House number of SC197784. It operates in the other social work activities without accommodation n.e.c. sector, SIC Code 88990. Founded in July 1999, it's largest shareholder is unknown. Fresh Start (scotland) is a mature, small sized company, Pomanda has estimated its turnover at £1.5m with high growth in recent years.
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Fresh Start (scotland) Health Check
Pomanda's financial health check has awarded Fresh Start (Scotland) a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 0 areas for improvement. Company Health Check FAQs
8 Strong
2 Regular
0 Weak
Size
annual sales of £1.5m, make it larger than the average company (£484.8k)
£1.5m - Fresh Start (scotland)
£484.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (6.5%)
16% - Fresh Start (scotland)
6.5% - Industry AVG
Production
with a gross margin of 68.9%, this company has a comparable cost of product (68.9%)
68.9% - Fresh Start (scotland)
68.9% - Industry AVG
Profitability
an operating margin of 26.5% make it more profitable than the average company (3.5%)
26.5% - Fresh Start (scotland)
3.5% - Industry AVG
Employees
with 24 employees, this is above the industry average (14)
24 - Fresh Start (scotland)
14 - Industry AVG
Pay Structure
on an average salary of £28.2k, the company has an equivalent pay structure (£25.1k)
£28.2k - Fresh Start (scotland)
£25.1k - Industry AVG
Efficiency
resulting in sales per employee of £63.5k, this is more efficient (£39.7k)
£63.5k - Fresh Start (scotland)
£39.7k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (14 days)
4 days - Fresh Start (scotland)
14 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Fresh Start (scotland)
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Fresh Start (scotland)
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 920 weeks, this is more cash available to meet short term requirements (242 weeks)
920 weeks - Fresh Start (scotland)
242 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.4%, this is a lower level of debt than the average (12.6%)
3.4% - Fresh Start (scotland)
12.6% - Industry AVG
FRESH START (SCOTLAND) financials
Fresh Start (Scotland)'s latest turnover from March 2024 is £1.5 million and the company has net assets of £997.8 thousand. According to their latest financial statements, Fresh Start (Scotland) has 24 employees and maintains cash reserves of £612.4 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 | 1,524,002 | 1,064,992 | 948,175 | 969,498 | 843,357 | 745,406 | 697,830 | 813,886 | 710,153 | 624,130 | 531,348 | 519,928 | 493,849 | 616,963 | 314,877 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 320,947 | 15,812 | 39,119 | 203,322 | -66,702 | -77,785 | -18,715 | 120,834 | 22,945 | 5,445 | 6,322 | 50,372 | 33,038 | 34,831 | -42,061 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 320,947 | 15,812 | 39,119 | 203,322 | -66,702 | -77,785 | -18,715 | 120,834 | 22,945 | 5,445 | 6,322 | 50,372 | 33,038 | 34,831 | -42,061 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 320,947 | 15,812 | 39,119 | 203,322 | -66,702 | -77,785 | -18,715 | 120,834 | 22,945 | 5,445 | 6,322 | 50,372 | 33,038 | 34,831 | -42,061 |
| Employee Costs | 677,962 | 618,442 | 515,113 | 486,161 | 476,331 | 564,254 | 494,554 | 456,467 | 444,579 | 378,610 | 310,931 | 291,150 | 257,810 | 250,152 | 206,045 |
| Number Of Employees | 24 | 24 | 21 | 21 | 18 | 19 | 20 | 18 | 17 | 14 | 11 | 14 | 12 | 12 | 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 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 317,539 | 312,114 | 291,358 | 249,103 | 170,233 | 162,852 | 168,594 | 174,778 | 184,340 | 184,406 | 23,052 | 27,580 | 34,144 | 35,331 | 23,829 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 317,540 | 312,115 | 291,359 | 249,104 | 170,234 | 162,853 | 168,595 | 174,779 | 184,341 | 184,406 | 23,052 | 27,580 | 34,144 | 35,331 | 23,829 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 19,832 | 6,946 | 3,820 | 18,000 | 6,000 | 21,459 | 0 | 0 | 0 | 7,000 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 1 | 1 | 1 | 1 | 1 | 0 | 9,891 | 15,161 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 82,627 | 65,552 | 33,974 | 22,161 | 22,594 | 20,026 | 63,433 | 41,466 | 52,121 | 24,500 | 46,221 | 48,159 | 50,672 | 24,026 | 22,001 |
| Cash | 612,379 | 332,854 | 370,263 | 358,381 | 356,772 | 309,037 | 346,944 | 373,537 | 251,420 | 248,313 | 254,299 | 216,530 | 193,656 | 159,442 | 191,340 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 714,839 | 405,353 | 408,058 | 398,543 | 385,367 | 350,522 | 420,268 | 430,164 | 303,541 | 279,813 | 300,520 | 264,689 | 244,328 | 183,468 | 213,341 |
| total assets | 1,032,379 | 717,468 | 699,417 | 647,647 | 555,601 | 513,375 | 588,863 | 604,943 | 487,882 | 464,219 | 323,572 | 292,269 | 278,472 | 218,799 | 237,170 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,760 | 13,939 | 13,317 | 13,309 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 930 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 34,606 | 40,642 | 38,403 | 25,752 | 137,028 | 27,170 | 25,803 | 23,168 | 26,941 | 26,223 | 46,021 | 12,280 | 43,676 | 17,663 | 70,873 |
| total current liabilities | 34,606 | 40,642 | 38,403 | 25,752 | 137,028 | 28,100 | 25,803 | 23,168 | 26,941 | 26,223 | 46,021 | 21,040 | 57,615 | 30,980 | 84,182 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 34,606 | 40,642 | 38,403 | 25,752 | 137,028 | 28,100 | 25,803 | 23,168 | 26,941 | 26,223 | 46,021 | 21,040 | 57,615 | 30,980 | 84,182 |
| net assets | 997,773 | 676,826 | 661,014 | 621,895 | 418,573 | 485,275 | 563,060 | 581,775 | 460,941 | 437,996 | 277,551 | 271,229 | 220,857 | 187,819 | 152,988 |
| total shareholders funds | 997,773 | 676,826 | 661,014 | 621,895 | 418,573 | 485,275 | 563,060 | 581,775 | 460,941 | 437,996 | 277,551 | 271,229 | 220,857 | 187,819 | 152,988 |
| 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 | |||||||||||||||
| Depreciation | 20,342 | 16,783 | 17,538 | 12,077 | 6,906 | 7,557 | 8,385 | 10,120 | 11,459 | 7,936 | 5,219 | 6,794 | 8,716 | 8,845 | 4,743 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 29,961 | 34,704 | -2,367 | 11,567 | -12,890 | -31,839 | 16,697 | 4,506 | 20,621 | -14,721 | -1,938 | -2,513 | 26,646 | 2,025 | 22,001 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8,760 | -5,179 | 622 | 8 | 13,309 |
| Accruals and Deferred Income | -6,036 | 2,239 | 12,651 | -111,276 | 109,858 | 1,367 | 2,635 | -3,773 | 718 | -19,798 | 33,741 | -31,396 | 26,013 | -53,210 | 70,873 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -2,562 | -2,201 | -558 | -11,779 | -14,290 | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -2,562 | -2,201 | -558 | -11,780 | -14,290 | |||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -930 | 930 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | 0 | 0 | -930 | 930 | 0 | 0 | 0 | 155,000 | 0 | 0 | 0 | 0 | 195,049 |
| cash and cash equivalents | |||||||||||||||
| cash | 279,525 | -37,409 | 11,882 | 1,609 | 47,735 | -37,907 | -26,593 | 122,117 | 3,107 | -5,986 | 37,769 | 22,874 | 34,214 | -31,898 | 191,340 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 279,525 | -37,409 | 11,882 | 1,609 | 47,735 | -37,907 | -26,593 | 122,117 | 3,107 | -5,986 | 37,769 | 22,874 | 34,214 | -31,898 | 191,340 |
fresh start (scotland) Credit Report and Business Information
Fresh Start (scotland) Competitor Analysis
Perform a competitor analysis for fresh start (scotland) by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in EH4 area or any other competitors across 12 key performance metrics.
fresh start (scotland) Ownership
FRESH START (SCOTLAND) group structure
Fresh Start (Scotland) has 1 subsidiary company.
Ultimate parent company
FRESH START (SCOTLAND)
SC197784
1 subsidiary
fresh start (scotland) directors
Fresh Start (Scotland) currently has 8 directors. The longest serving directors include Mr Gary Cameron (Aug 2007) and Dr Allan Gordon (Aug 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gary Cameron | Scotland | 51 years | Aug 2007 | - | Director |
| Dr Allan Gordon | Scotland | 78 years | Aug 2015 | - | Director |
| Mrs Morag Hutchison | Scotland | 49 years | Sep 2017 | - | Director |
| Mr Alan Morrison | United Kingdom | 59 years | Apr 2019 | - | Director |
| Mr David Gaughan | Scotland | 56 years | Mar 2022 | - | Director |
| Mrs Miriam Newton | Scotland | 59 years | Oct 2022 | - | Director |
| Mr Stuart Dobbin | 69 years | Apr 2023 | - | Director | |
| Mrs Diane McLafferty | 63 years | Oct 2023 | - | Director |
P&L
March 2024turnover
1.5m
+43%
operating profit
403.1k
0%
gross margin
69%
+1.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
997.8k
+0.47%
total assets
1m
+0.44%
cash
612.4k
+0.84%
net assets
Total assets minus all liabilities
fresh start (scotland) company details
company number
SC197784
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
88990 - Other social work activities without accommodation n.e.c.
incorporation date
July 1999
age
26
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
fresh start (edinburgh) (January 2014)
accountant
-
auditor
WHITELAW WELLS
address
22 - 24 ferry road drive, edinburgh, midlothian, EH4 4BR
Bank
BANK OF SCOTLAND
Legal Advisor
-
fresh start (scotland) 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 fresh start (scotland).
fresh start (scotland) 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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fresh start (scotland) Companies House Filings - See Documents
| date | description | view/download |
|---|
