renaissance care (no1) limited Company Information
Company Number
SC402097
Website
www.renaissance-care.co.ukRegistered Address
archibald hope house, station road, musselburgh, EH21 7PQ
Industry
Residential nursing care activities
Telephone
01316659557
Next Accounts Due
August 2025
Group Structure
View All
Shareholders
renaissance care (uk) ltd 100%
renaissance care (no1) limited Estimated Valuation
Pomanda estimates the enterprise value of RENAISSANCE CARE (NO1) LIMITED at £41.8m based on a Turnover of £27.1m and 1.55x industry multiple (adjusted for size and gross margin).
renaissance care (no1) limited Estimated Valuation
Pomanda estimates the enterprise value of RENAISSANCE CARE (NO1) LIMITED at £17m based on an EBITDA of £1.8m and a 9.6x industry multiple (adjusted for size and gross margin).
renaissance care (no1) limited Estimated Valuation
Pomanda estimates the enterprise value of RENAISSANCE CARE (NO1) LIMITED at £1.3m based on Net Assets of £1.9m and 0.69x industry multiple (adjusted for liquidity).
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Renaissance Care (no1) Limited Overview
Renaissance Care (no1) Limited is a live company located in musselburgh, EH21 7PQ with a Companies House number of SC402097. It operates in the residential nursing care facilities sector, SIC Code 87100. Founded in June 2011, it's largest shareholder is renaissance care (uk) ltd with a 100% stake. Renaissance Care (no1) Limited is a established, large sized company, Pomanda has estimated its turnover at £27.1m with healthy growth in recent years.
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Renaissance Care (no1) Limited Health Check
Pomanda's financial health check has awarded Renaissance Care (No1) Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £27.1m, make it larger than the average company (£4.6m)
£27.1m - Renaissance Care (no1) Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (6.6%)
10% - Renaissance Care (no1) Limited
6.6% - Industry AVG
Production
with a gross margin of 42%, this company has a comparable cost of product (35.3%)
42% - Renaissance Care (no1) Limited
35.3% - Industry AVG
Profitability
an operating margin of 4.9% make it less profitable than the average company (13.1%)
4.9% - Renaissance Care (no1) Limited
13.1% - Industry AVG
Employees
with 900 employees, this is above the industry average (114)
900 - Renaissance Care (no1) Limited
114 - Industry AVG
Pay Structure
on an average salary of £18.8k, the company has an equivalent pay structure (£22.8k)
£18.8k - Renaissance Care (no1) Limited
£22.8k - Industry AVG
Efficiency
resulting in sales per employee of £30.1k, this is less efficient (£41.1k)
£30.1k - Renaissance Care (no1) Limited
£41.1k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is later than average (20 days)
27 days - Renaissance Care (no1) Limited
20 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is slower than average (17 days)
27 days - Renaissance Care (no1) Limited
17 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Renaissance Care (no1) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (10 weeks)
4 weeks - Renaissance Care (no1) Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.1%, this is a higher level of debt than the average (56.1%)
84.1% - Renaissance Care (no1) Limited
56.1% - Industry AVG
RENAISSANCE CARE (NO1) LIMITED financials
Renaissance Care (No1) Limited's latest turnover from November 2023 is £27.1 million and the company has net assets of £1.9 million. According to their latest financial statements, Renaissance Care (No1) Limited has 900 employees and maintains cash reserves of £916.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 27,052,686 | 24,289,500 | 22,850,820 | 20,527,915 | 17,108,561 | 9,194,291 | 8,251,973 | 6,739,966 | 5,669,096 | 5,767,695 | 5,345,762 | 5,523,372 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 15,690,344 | 14,180,460 | 12,729,661 | 12,014,129 | 10,216,674 | 5,824,557 | 5,515,160 | 4,203,081 | 3,376,560 | 3,400,151 | 3,156,212 | 3,289,930 |
Gross Profit | 11,362,342 | 10,109,040 | 10,121,159 | 8,513,786 | 6,891,887 | 3,369,734 | 2,736,813 | 2,536,885 | 2,292,536 | 2,367,544 | 2,189,550 | 2,233,442 |
Admin Expenses | 10,043,424 | 8,718,401 | 7,835,690 | 6,660,913 | 5,685,808 | 3,135,381 | 2,859,650 | 2,215,551 | 2,347,698 | 2,316,298 | 2,091,191 | 2,037,543 |
Operating Profit | 1,318,918 | 1,390,639 | 2,285,469 | 1,852,873 | 1,206,079 | 234,353 | -122,837 | 321,334 | -55,162 | 51,246 | 98,359 | 195,899 |
Interest Payable | 1,860 | 1,344 | 1,374 | 1,339 | 1,334 | 1,138 | 1,848 | 3,726 | 1,931 | 3,439 | 1,814 | 709 |
Interest Receivable | 0 | 0 | 0 | 458 | 30 | 1 | 0 | 62 | 11 | 46 | 32 | 19 |
Pre-Tax Profit | 1,317,058 | 1,389,295 | 2,284,095 | 1,851,992 | 1,204,775 | 233,216 | -124,685 | 317,670 | -57,082 | 47,853 | 96,577 | 195,209 |
Tax | -140,726 | -144,494 | -390,260 | -334,768 | -258,176 | -38,959 | -3,774 | -72,113 | 6,355 | -10,436 | -19,946 | -52,044 |
Profit After Tax | 1,176,332 | 1,244,801 | 1,893,835 | 1,517,224 | 946,599 | 194,257 | -128,459 | 245,557 | -50,727 | 37,417 | 76,631 | 143,165 |
Dividends Paid | 498,955 | 3,475,499 | 0 | 0 | 1,400,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | 677,377 | -2,230,698 | 1,893,835 | 1,517,224 | -453,401 | 194,257 | -128,459 | 245,557 | -50,727 | 37,417 | 76,631 | 143,165 |
Employee Costs | 16,890,839 | 15,202,581 | 3,660,535 | 3,396,197 | 3,269,447 | 3,417,811 | ||||||
Number Of Employees | 900 | 800 | 705 | 714 | 625 | 311 | 321 | 267 | 180 | 174 | 189 | 218 |
EBITDA* | 1,768,502 | 1,784,425 | 2,631,773 | 2,143,023 | 1,442,699 | 354,168 | -21,252 | 409,382 | 23,051 | 103,843 | 122,013 | 205,648 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,859,522 | 1,687,896 | 1,484,883 | 1,216,597 | 1,126,981 | 510,963 | 451,783 | 383,029 | 357,220 | 274,912 | 175,081 | 58,348 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 1,859,522 | 1,687,896 | 1,484,883 | 1,216,597 | 1,126,981 | 510,964 | 451,784 | 383,029 | 357,220 | 274,912 | 175,081 | 58,348 |
Stock & work in progress | 0 | 0 | 8,785 | 8,785 | 22,710 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 2,062,362 | 1,816,396 | 1,312,234 | 1,371,580 | 900,962 | 232,334 | 218,363 | 269,570 | 188,313 | 214,541 | 233,884 | 312,818 |
Group Debtors | 6,749,626 | 3,796,541 | 1,668,229 | 1,446,961 | 1,226,087 | 2,457,381 | 1,206,552 | 1,349,063 | 931,669 | 664,779 | 357,561 | 0 |
Misc Debtors | 503,188 | 996,939 | 651,993 | 1,480,263 | 181,367 | 84,330 | 131,736 | 171,204 | 241,636 | 236,908 | 58,070 | 161,196 |
Cash | 916,133 | 1,607,112 | 3,013,753 | 2,087,190 | 1,904,050 | 560,542 | 689,535 | 721,329 | 120,859 | 283,631 | 628,902 | 456,331 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 10,231,309 | 8,216,988 | 6,654,994 | 6,394,779 | 4,235,176 | 3,334,587 | 2,246,186 | 2,511,166 | 1,482,477 | 1,399,859 | 1,278,417 | 930,345 |
total assets | 12,090,831 | 9,904,884 | 8,139,877 | 7,611,376 | 5,362,157 | 3,845,551 | 2,697,970 | 2,894,195 | 1,839,697 | 1,674,771 | 1,453,498 | 988,693 |
Bank overdraft | 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 |
Trade Creditors | 1,182,319 | 1,479,040 | 973,980 | 975,624 | 679,815 | 586,256 | 502,799 | 535,181 | 577,994 | 678,912 | 406,831 | 199,486 |
Group/Directors Accounts | 3,994,638 | 3,840,998 | 11,416 | 2,133,018 | 2,827,482 | 1,919,546 | 1,115,874 | 1,124,750 | 495,070 | 189,466 | 62,691 | 44,680 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,398 | 6,391 | 8,772 | 2,380 |
other current liabilities | 4,602,692 | 2,988,877 | 3,435,461 | 2,738,785 | 1,610,068 | 712,524 | 649,240 | 701,383 | 472,458 | 472,501 | 691,441 | 578,702 |
total current liabilities | 9,779,649 | 8,308,915 | 4,420,857 | 5,847,427 | 5,117,365 | 3,218,326 | 2,267,913 | 2,361,314 | 1,551,920 | 1,347,270 | 1,169,735 | 825,248 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,095 | 20,486 | 34,814 | 10,316 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 22,393 | 32,227 | 43,835 | 27,639 | 35,663 | 19,930 | 23,347 | 7,715 | 0 | 0 | 0 | 0 |
provisions | 366,610 | 318,940 | 199,685 | 154,645 | 144,688 | 89,453 | 83,125 | 73,122 | 67,195 | 49,801 | 29,152 | 9,963 |
total long term liabilities | 389,003 | 351,167 | 243,520 | 182,284 | 180,351 | 109,383 | 106,472 | 80,837 | 81,290 | 70,287 | 63,966 | 20,279 |
total liabilities | 10,168,652 | 8,660,082 | 4,664,377 | 6,029,711 | 5,297,716 | 3,327,709 | 2,374,385 | 2,442,151 | 1,633,210 | 1,417,557 | 1,233,701 | 845,527 |
net assets | 1,922,179 | 1,244,802 | 3,475,500 | 1,581,665 | 64,441 | 517,842 | 323,585 | 452,044 | 206,487 | 257,214 | 219,797 | 143,166 |
total shareholders funds | 1,922,179 | 1,244,802 | 3,475,500 | 1,581,665 | 64,441 | 517,842 | 323,585 | 452,044 | 206,487 | 257,214 | 219,797 | 143,166 |
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||
Operating Profit | 1,318,918 | 1,390,639 | 2,285,469 | 1,852,873 | 1,206,079 | 234,353 | -122,837 | 321,334 | -55,162 | 51,246 | 98,359 | 195,899 |
Depreciation | 449,584 | 393,786 | 346,304 | 290,150 | 236,620 | 119,815 | 101,585 | 88,048 | 78,213 | 52,597 | 23,654 | 9,749 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -140,726 | -144,494 | -390,260 | -334,768 | -258,176 | -38,959 | -3,774 | -72,113 | 6,355 | -10,436 | -19,946 | -52,044 |
Stock | 0 | -8,785 | 0 | -13,925 | 22,710 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 2,705,300 | 2,977,420 | -666,348 | 1,990,388 | -465,629 | 1,217,394 | -233,186 | 428,219 | 245,390 | 466,713 | 175,501 | 474,014 |
Creditors | -296,721 | 505,060 | -1,644 | 295,809 | 93,559 | 83,457 | -32,382 | -42,813 | -100,918 | 272,081 | 207,345 | 199,486 |
Accruals and Deferred Income | 1,613,815 | -446,584 | 696,676 | 1,128,717 | 897,544 | 63,284 | -52,143 | 228,925 | -43 | -218,940 | 112,739 | 578,702 |
Deferred Taxes & Provisions | 47,670 | 119,255 | 45,040 | 9,957 | 55,235 | 6,328 | 10,003 | 5,927 | 17,394 | 20,649 | 19,189 | 9,963 |
Cash flow from operations | 287,240 | -1,150,973 | 3,647,933 | 1,266,275 | 2,673,780 | -749,116 | 133,638 | 101,089 | -299,551 | -299,516 | 265,839 | 467,741 |
Investing Activities | ||||||||||||
capital expenditure | 0 | 0 | 0 | 0 | 0 | |||||||
Change in Investments | 0 | 0 | 0 | 0 | -1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | 0 | 0 | 0 | 0 | 1 | |||||||
Financing Activities | ||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 153,640 | 3,829,582 | -2,121,602 | -694,464 | 907,936 | 803,672 | -8,876 | 629,680 | 305,604 | 126,775 | 18,011 | 44,680 |
Other Short Term Loans | 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 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -20,493 | -6,384 | -16,709 | 30,890 | 12,696 |
other long term liabilities | -9,834 | -11,608 | 16,196 | -8,024 | 15,733 | -3,417 | 15,632 | 7,715 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||
interest | -1,860 | -1,344 | -1,374 | -881 | -1,304 | -1,137 | -1,848 | -3,664 | -1,920 | -3,393 | -1,782 | -690 |
cash flow from financing | 141,946 | 3,816,630 | -2,106,780 | -703,369 | 922,365 | 799,118 | 4,908 | 613,238 | 297,300 | 106,673 | 47,119 | 56,687 |
cash and cash equivalents | ||||||||||||
cash | -690,979 | -1,406,641 | 926,563 | 183,140 | 1,343,508 | -128,993 | -31,794 | 600,470 | -162,772 | -345,271 | 172,571 | 456,331 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -690,979 | -1,406,641 | 926,563 | 183,140 | 1,343,508 | -128,993 | -31,794 | 600,470 | -162,772 | -345,271 | 172,571 | 456,331 |
renaissance care (no1) limited Credit Report and Business Information
Renaissance Care (no1) Limited Competitor Analysis
Perform a competitor analysis for renaissance care (no1) limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other large companies, companies in EH21 area or any other competitors across 12 key performance metrics.
renaissance care (no1) limited Ownership
RENAISSANCE CARE (NO1) LIMITED group structure
Renaissance Care (No1) Limited has 1 subsidiary company.
Ultimate parent company
2 parents
RENAISSANCE CARE (NO1) LIMITED
SC402097
1 subsidiary
renaissance care (no1) limited directors
Renaissance Care (No1) Limited currently has 4 directors. The longest serving directors include Mr Robert Kilgour (Jun 2011) and Mrs Anya Neilson (May 2016).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Robert Kilgour | United Kingdom | 67 years | Jun 2011 | - | Director |
Mrs Anya Neilson | Scotland | 38 years | May 2016 | - | Director |
Mrs Louise Barnett | 53 years | Oct 2018 | - | Director | |
Mr Liam Bain | Scotland | 45 years | Oct 2022 | - | Director |
P&L
November 2023turnover
27.1m
+11%
operating profit
1.3m
-5%
gross margin
42.1%
+0.92%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
1.9m
+0.54%
total assets
12.1m
+0.22%
cash
916.1k
-0.43%
net assets
Total assets minus all liabilities
renaissance care (no1) limited company details
company number
SC402097
Type
Private limited with Share Capital
industry
87100 - Residential nursing care activities
incorporation date
June 2011
age
13
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
N/A
last accounts submitted
November 2023
address
archibald hope house, station road, musselburgh, EH21 7PQ
accountant
-
auditor
THOMSON COOPER
renaissance care (no1) 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 12 charges/mortgages relating to renaissance care (no1) limited. Currently there are 12 open charges and 0 have been satisfied in the past.
renaissance care (no1) limited Companies House Filings - See Documents
date | description | view/download |
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