caring practice east midlands ltd
caring practice east midlands ltd Company Information
Company Number
SC522656
Next Accounts
Dec 2024
Industry
Other human health activities
Shareholders
visioncall limited
Group Structure
View All
Contact
Registered Address
125 cambuslang road, cambuslang investment park, glasgow, scotland, G32 8NB
Website
vision-call.co.ukcaring practice east midlands ltd Estimated Valuation
Pomanda estimates the enterprise value of CARING PRACTICE EAST MIDLANDS LTD at £74.5k based on a Turnover of £173.8k and 0.43x industry multiple (adjusted for size and gross margin).
caring practice east midlands ltd Estimated Valuation
Pomanda estimates the enterprise value of CARING PRACTICE EAST MIDLANDS LTD at £1.4m based on an EBITDA of £439.8k and a 3.27x industry multiple (adjusted for size and gross margin).
caring practice east midlands ltd Estimated Valuation
Pomanda estimates the enterprise value of CARING PRACTICE EAST MIDLANDS LTD at £1.2m based on Net Assets of £489k and 2.46x industry multiple (adjusted for liquidity).
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Caring Practice East Midlands Ltd Overview
Caring Practice East Midlands Ltd is a dissolved company that was located in glasgow, G32 8NB with a Companies House number of SC522656. It operated in the other human health activities sector, SIC Code 86900. Founded in December 2015, it's largest shareholder was visioncall limited with a 100% stake. The last turnover for Caring Practice East Midlands Ltd was estimated at £173.8k.
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Caring Practice East Midlands Ltd Health Check
Pomanda's financial health check has awarded Caring Practice East Midlands Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £173.8k, make it smaller than the average company (£730.9k)
- Caring Practice East Midlands Ltd
£730.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (4.1%)
- Caring Practice East Midlands Ltd
4.1% - Industry AVG
Production
with a gross margin of 19.1%, this company has a higher cost of product (33%)
- Caring Practice East Midlands Ltd
33% - Industry AVG
Profitability
an operating margin of 240.3% make it more profitable than the average company (7.3%)
- Caring Practice East Midlands Ltd
7.3% - Industry AVG
Employees
with 3 employees, this is below the industry average (20)
- Caring Practice East Midlands Ltd
20 - Industry AVG
Pay Structure
on an average salary of £22.8k, the company has an equivalent pay structure (£22.8k)
- Caring Practice East Midlands Ltd
£22.8k - Industry AVG
Efficiency
resulting in sales per employee of £57.9k, this is more efficient (£40.8k)
- Caring Practice East Midlands Ltd
£40.8k - Industry AVG
Debtor Days
it gets paid by customers after 71 days, this is later than average (19 days)
- Caring Practice East Midlands Ltd
19 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is close to average (16 days)
- Caring Practice East Midlands Ltd
16 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (12 days)
- Caring Practice East Midlands Ltd
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 867 weeks, this is more cash available to meet short term requirements (138 weeks)
867 weeks - Caring Practice East Midlands Ltd
138 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 32.8%, this is a higher level of debt than the average (21.3%)
32.8% - Caring Practice East Midlands Ltd
21.3% - Industry AVG
CARING PRACTICE EAST MIDLANDS LTD financials
Caring Practice East Midlands Ltd's latest turnover from March 2021 is estimated at £173.8 thousand and the company has net assets of £489 thousand. According to their latest financial statements, we estimate that Caring Practice East Midlands Ltd has 3 employees and maintains cash reserves of £349.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|
| Turnover | |||||
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | |||||
| Admin Expenses | |||||
| Operating Profit | |||||
| Interest Payable | |||||
| Interest Receivable | |||||
| Pre-Tax Profit | |||||
| Tax | |||||
| Profit After Tax | |||||
| Dividends Paid | |||||
| Retained Profit | |||||
| Employee Costs | |||||
| Number Of Employees | 4 | 14 | 9 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|
| Tangible Assets | 105 | 13,623 | 18,023 | 22,983 | 4,987 |
| Intangible Assets | 97,938 | 116,735 | 135,532 | 154,329 | 173,126 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 98,043 | 130,358 | 153,555 | 177,312 | 178,113 |
| Stock & work in progress | 653 | 0 | 2,652 | 3,068 | 2,909 |
| Trade Debtors | 33,871 | 32,423 | 92,452 | 118,089 | 301,470 |
| Group Debtors | 245,788 | 249,551 | 0 | 185,872 | 1,303 |
| Misc Debtors | 252 | 40,687 | 0 | 7,025 | 11,940 |
| Cash | 349,183 | 41,114 | 2,412 | 0 | 578 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 629,747 | 363,775 | 100,860 | 314,054 | 318,200 |
| total assets | 727,790 | 494,133 | 254,415 | 491,366 | 496,313 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 6,046 | 13,987 | 13,556 | 22,463 | 14,519 |
| Group/Directors Accounts | 1,201 | 21,348 | 0 | 30,330 | 202,181 |
| other short term finances | 0 | 18,464 | 32,497 | 236,165 | 44,343 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 13,689 | 70,901 | 0 | 71,816 | 84,974 |
| total current liabilities | 20,936 | 124,700 | 92,854 | 360,774 | 346,017 |
| loans | 217,812 | 207,857 | 0 | 194,580 | 194,580 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 217,812 | 207,857 | 188,188 | 194,580 | 194,580 |
| total liabilities | 238,748 | 332,557 | 281,042 | 555,354 | 540,597 |
| net assets | 489,042 | 161,576 | -26,627 | -63,988 | -44,284 |
| total shareholders funds | 489,042 | 161,576 | -26,627 | -63,988 | -44,284 |
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 3,380 | 4,505 | 6,009 | 7,660 | 1,662 |
| Amortisation | 18,797 | 18,797 | 18,797 | 12,331 | |
| Tax | |||||
| Stock | 653 | -2,652 | -416 | 159 | 2,909 |
| Debtors | -42,750 | 230,209 | -218,534 | -3,727 | 314,713 |
| Creditors | -7,941 | 431 | -8,907 | 7,944 | 14,519 |
| Accruals and Deferred Income | -57,212 | 70,901 | -71,816 | -13,158 | 84,974 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -20,147 | 21,348 | -30,330 | -171,851 | 202,181 |
| Other Short Term Loans | -18,464 | -14,033 | -203,668 | 191,822 | 44,343 |
| Long term loans | 9,955 | 207,857 | -194,580 | 0 | 194,580 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 308,069 | 38,702 | 2,412 | -578 | 578 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 308,069 | 38,702 | 2,412 | -578 | 578 |
caring practice east midlands ltd Credit Report and Business Information
Caring Practice East Midlands Ltd Competitor Analysis
Perform a competitor analysis for caring practice east midlands ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other undefined companies, companies in G32 area or any other competitors across 12 key performance metrics.
caring practice east midlands ltd Ownership
CARING PRACTICE EAST MIDLANDS LTD group structure
Caring Practice East Midlands Ltd has no subsidiary companies.
Ultimate parent company
2 parents
CARING PRACTICE EAST MIDLANDS LTD
SC522656
caring practice east midlands ltd directors
Caring Practice East Midlands Ltd currently has 2 directors. The longest serving directors include Mr Richard Gibson (Jun 2022) and Ms Suzanne McMillan (Aug 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Gibson | England | 51 years | Jun 2022 | - | Director |
| Ms Suzanne McMillan | 50 years | Aug 2022 | - | Director |
P&L
March 2021turnover
173.8k
-9%
operating profit
417.6k
0%
gross margin
19.1%
-7.85%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2021net assets
489k
+2.03%
total assets
727.8k
+0.47%
cash
349.2k
+7.49%
net assets
Total assets minus all liabilities
caring practice east midlands ltd company details
company number
SC522656
Type
Private limited with Share Capital
industry
86900 - Other human health activities
incorporation date
December 2015
age
9
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
March 2021
previous names
N/A
accountant
HAZLEWOODS LLP
auditor
-
address
125 cambuslang road, cambuslang investment park, glasgow, scotland, G32 8NB
Bank
-
Legal Advisor
-
caring practice east midlands ltd 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 3 charges/mortgages relating to caring practice east midlands ltd. Currently there are 1 open charges and 2 have been satisfied in the past.
caring practice east midlands ltd 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 CARING PRACTICE EAST MIDLANDS LTD. This can take several minutes, an email will notify you when this has completed.
caring practice east midlands ltd Companies House Filings - See Documents
| date | description | view/download |
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