renaissance care (no 6) ltd.
renaissance care (no 6) ltd. Company Information
Company Number
SC529493
Website
www.renaissance-care.co.ukRegistered Address
archibald hope house,, station road, musselburgh, EH21 7PQ
Industry
Residential care activities for the elderly and disabled
Telephone
441316659557
Next Accounts Due
August 2025
Group Structure
View All
Shareholders
renaissance care (scotland) limited 100%
renaissance care (no 6) ltd. Estimated Valuation
Pomanda estimates the enterprise value of RENAISSANCE CARE (NO 6) LTD. at £2.1m based on a Turnover of £2.3m and 0.89x industry multiple (adjusted for size and gross margin).
renaissance care (no 6) ltd. Estimated Valuation
Pomanda estimates the enterprise value of RENAISSANCE CARE (NO 6) LTD. at £344.8k based on an EBITDA of £51.6k and a 6.68x industry multiple (adjusted for size and gross margin).
renaissance care (no 6) ltd. Estimated Valuation
Pomanda estimates the enterprise value of RENAISSANCE CARE (NO 6) LTD. at £2.1k based on Net Assets of £3k and 0.72x industry multiple (adjusted for liquidity).
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Renaissance Care (no 6) Ltd. Overview
Renaissance Care (no 6) Ltd. is a live company located in musselburgh, EH21 7PQ with a Companies House number of SC529493. It operates in the residential care activities for the elderly and disabled sector, SIC Code 87300. Founded in March 2016, it's largest shareholder is renaissance care (scotland) limited with a 100% stake. Renaissance Care (no 6) Ltd. is a young, small sized company, Pomanda has estimated its turnover at £2.3m with high growth in recent years.
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Renaissance Care (no 6) Ltd. Health Check
Pomanda's financial health check has awarded Renaissance Care (No 6) Ltd. a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £2.3m, make it smaller than the average company (£3.4m)
- Renaissance Care (no 6) Ltd.
£3.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (5.6%)
- Renaissance Care (no 6) Ltd.
5.6% - Industry AVG
Production
with a gross margin of 38.4%, this company has a comparable cost of product (38.4%)
- Renaissance Care (no 6) Ltd.
38.4% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (10.5%)
- Renaissance Care (no 6) Ltd.
10.5% - Industry AVG
Employees
with 45 employees, this is below the industry average (80)
45 - Renaissance Care (no 6) Ltd.
80 - Industry AVG
Pay Structure
on an average salary of £23.3k, the company has an equivalent pay structure (£23.3k)
- Renaissance Care (no 6) Ltd.
£23.3k - Industry AVG
Efficiency
resulting in sales per employee of £51.2k, this is more efficient (£39.2k)
- Renaissance Care (no 6) Ltd.
£39.2k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is later than average (16 days)
- Renaissance Care (no 6) Ltd.
16 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Renaissance Care (no 6) Ltd.
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Renaissance Care (no 6) Ltd.
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Renaissance Care (no 6) Ltd.
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.5%, this is a higher level of debt than the average (47.1%)
99.5% - Renaissance Care (no 6) Ltd.
47.1% - Industry AVG
RENAISSANCE CARE (NO 6) LTD. financials
Renaissance Care (No 6) Ltd.'s latest turnover from November 2023 is estimated at £2.3 million and the company has net assets of £3 thousand. According to their latest financial statements, Renaissance Care (No 6) Ltd. has 45 employees and maintains cash reserves of 0 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 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 1,417,090 | |||||||
| Other Income Or Grants | 0 | |||||||
| Cost Of Sales | 611,322 | |||||||
| Gross Profit | 805,768 | |||||||
| Admin Expenses | 614,134 | |||||||
| Operating Profit | 191,634 | |||||||
| Interest Payable | 74 | |||||||
| Interest Receivable | 0 | |||||||
| Pre-Tax Profit | 191,560 | |||||||
| Tax | -29,298 | |||||||
| Profit After Tax | 162,262 | |||||||
| Dividends Paid | 160,000 | |||||||
| Retained Profit | 2,262 | |||||||
| Employee Costs | ||||||||
| Number Of Employees | 45 | 39 | 34 | 33 | 32 | |||
| EBITDA* | 212,683 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 148,466 | 151,154 | 122,865 | 131,590 | 123,322 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 148,466 | 151,154 | 122,865 | 131,590 | 123,322 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 500 | 500 | 1,305 | 0 | 0 | 0 |
| Trade Debtors | 157,070 | 116,198 | 130,946 | 112,173 | 13,682 | 0 | 0 | 0 |
| Group Debtors | 265,650 | 142,616 | 365 | 134,641 | 66,853 | 0 | 0 | 0 |
| Misc Debtors | 12,001 | 0 | 1,656 | 6,443 | 7,990 | 0 | 0 | 0 |
| Cash | 0 | 31,103 | 192,429 | 3,049 | 102,085 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 434,721 | 289,917 | 325,896 | 256,806 | 191,915 | 0 | 0 | 0 |
| total assets | 583,187 | 441,071 | 448,761 | 388,396 | 315,237 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 493,759 | 281,212 | 53,092 | 65,426 | 239,330 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 66,113 | 148,010 | 123,486 | 184,581 | 67,727 | 0 | 0 | 0 |
| total current liabilities | 559,872 | 429,222 | 176,578 | 250,007 | 307,057 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 20,337 | 19,937 | 10,014 | 8,745 | 5,917 | 0 | 0 | 0 |
| total long term liabilities | 20,337 | 19,937 | 10,014 | 8,745 | 5,917 | 0 | 0 | 0 |
| total liabilities | 580,209 | 449,159 | 186,592 | 258,752 | 312,974 | 0 | 0 | 0 |
| net assets | 2,978 | -8,088 | 262,169 | 129,644 | 2,263 | 0 | 0 | 0 |
| total shareholders funds | 2,978 | -8,088 | 262,169 | 129,644 | 2,263 | 0 | 0 | 0 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 191,634 | |||||||
| Depreciation | 37,645 | 31,224 | 30,552 | 29,531 | 21,049 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | |||
| Tax | -29,298 | |||||||
| Stock | 0 | -500 | 0 | -805 | 1,305 | 0 | 0 | 0 |
| Debtors | 175,907 | 125,847 | -120,290 | 164,732 | 88,525 | 0 | 0 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -81,897 | 24,524 | -61,095 | 116,854 | 67,727 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 400 | 9,923 | 1,269 | 2,828 | 5,917 | 0 | 0 | 0 |
| Cash flow from operations | 167,199 | |||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 212,547 | 228,120 | -12,334 | -173,904 | 239,330 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | -74 | |||||||
| cash flow from financing | 239,257 | |||||||
| cash and cash equivalents | ||||||||
| cash | -31,103 | -161,326 | 189,380 | -99,036 | 102,085 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -31,103 | -161,326 | 189,380 | -99,036 | 102,085 | 0 | 0 | 0 |
renaissance care (no 6) ltd. Credit Report and Business Information
Renaissance Care (no 6) Ltd. Competitor Analysis
Perform a competitor analysis for renaissance care (no 6) ltd. by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in EH21 area or any other competitors across 12 key performance metrics.
renaissance care (no 6) ltd. Ownership
RENAISSANCE CARE (NO 6) LTD. group structure
Renaissance Care (No 6) Ltd. has no subsidiary companies.
Ultimate parent company
2 parents
RENAISSANCE CARE (NO 6) LTD.
SC529493
renaissance care (no 6) ltd. directors
Renaissance Care (No 6) Ltd. currently has 4 directors. The longest serving directors include Mr Robert Kilgour (May 2017) and Mrs Anya Neilson (May 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Kilgour | United Kingdom | 67 years | May 2017 | - | Director |
| Mrs Anya Neilson | Scotland | 38 years | May 2017 | - | Director |
| Mrs Louise Barnett | 53 years | Oct 2018 | - | Director | |
| Mr Liam Bain | Scotland | 45 years | Oct 2022 | - | Director |
P&L
November 2023turnover
2.3m
+29%
operating profit
14k
0%
gross margin
38.4%
+0.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
3k
-1.37%
total assets
583.2k
+0.32%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
renaissance care (no 6) ltd. company details
company number
SC529493
Type
Private limited with Share Capital
industry
87300 - Residential care activities for the elderly and disabled
incorporation date
March 2016
age
8
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
renaissance home care limited (June 2018)
last accounts submitted
November 2023
address
archibald hope house,, station road, musselburgh, EH21 7PQ
accountant
-
auditor
-
renaissance care (no 6) 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 renaissance care (no 6) ltd.. Currently there are 1 open charges and 2 have been satisfied in the past.
renaissance care (no 6) ltd. Companies House Filings - See Documents
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