musselburgh care home ltd.
musselburgh care home ltd. Company Information
Company Number
SC656868
Next Accounts
98 days late
Directors
Shareholders
simply musselburgh care ltd
Group Structure
View All
Industry
Residential nursing care activities
+2Registered Address
stewart house pochard way, strathclyde business park, bellshill, ML4 3HB
Website
-musselburgh care home ltd. Estimated Valuation
Pomanda estimates the enterprise value of MUSSELBURGH CARE HOME LTD. at £11.3m based on a Turnover of £4.7m and 2.41x industry multiple (adjusted for size and gross margin).
musselburgh care home ltd. Estimated Valuation
Pomanda estimates the enterprise value of MUSSELBURGH CARE HOME LTD. at £1m based on an EBITDA of £146.1k and a 6.91x industry multiple (adjusted for size and gross margin).
musselburgh care home ltd. Estimated Valuation
Pomanda estimates the enterprise value of MUSSELBURGH CARE HOME LTD. at £0 based on Net Assets of £-401.8k and 2.1x industry multiple (adjusted for liquidity).
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Musselburgh Care Home Ltd. Overview
Musselburgh Care Home Ltd. is a live company located in bellshill, ML4 3HB with a Companies House number of SC656868. It operates in the residential nursing care facilities sector, SIC Code 87100. Founded in March 2020, it's largest shareholder is simply musselburgh care ltd with a 100% stake. Musselburgh Care Home Ltd. is a young, small sized company, Pomanda has estimated its turnover at £4.7m with unknown growth in recent years.
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Musselburgh Care Home Ltd. Health Check
Pomanda's financial health check has awarded Musselburgh Care Home Ltd. a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £4.7m, make it larger than the average company (£1.8m)
- Musselburgh Care Home Ltd.
£1.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Musselburgh Care Home Ltd.
- - Industry AVG
Production
with a gross margin of 59.2%, this company has a comparable cost of product (59.2%)
- Musselburgh Care Home Ltd.
59.2% - Industry AVG
Profitability
an operating margin of 2.1% make it less profitable than the average company (19.3%)
- Musselburgh Care Home Ltd.
19.3% - Industry AVG
Employees
with 74 employees, this is above the industry average (40)
74 - Musselburgh Care Home Ltd.
40 - Industry AVG
Pay Structure
on an average salary of £30.7k, the company has an equivalent pay structure (£30.7k)
- Musselburgh Care Home Ltd.
£30.7k - Industry AVG
Efficiency
resulting in sales per employee of £63.1k, this is less efficient (£99.8k)
- Musselburgh Care Home Ltd.
£99.8k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is earlier than average (32 days)
- Musselburgh Care Home Ltd.
32 days - Industry AVG
Creditor Days
its suppliers are paid after 46 days, this is slower than average (30 days)
- Musselburgh Care Home Ltd.
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Musselburgh Care Home Ltd.
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (24 weeks)
9 weeks - Musselburgh Care Home Ltd.
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 142.7%, this is a higher level of debt than the average (59.4%)
142.7% - Musselburgh Care Home Ltd.
59.4% - Industry AVG
MUSSELBURGH CARE HOME LTD. financials
Musselburgh Care Home Ltd.'s latest turnover from March 2023 is estimated at £4.7 million and the company has net assets of -£401.8 thousand. According to their latest financial statements, Musselburgh Care Home Ltd. has 74 employees and maintains cash reserves of £244.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| 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 | 74 | 70 | 25 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| Tangible Assets | 450,000 | 500,000 | 500,000 |
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 450,000 | 500,000 | 500,000 |
| Stock & work in progress | |||
| Trade Debtors | 194,958 | 237,030 | 29,200 |
| Group Debtors | |||
| Misc Debtors | 51,589 | ||
| Cash | 244,588 | 143,976 | 11,459 |
| misc current assets | |||
| total current assets | 491,135 | 381,006 | 40,659 |
| total assets | 941,135 | 881,006 | 540,659 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 243,069 | 103,038 | 36,251 |
| Group/Directors Accounts | 1,030,971 | 1,157,636 | 862,225 |
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 68,889 | 106,666 | 67,849 |
| total current liabilities | 1,342,929 | 1,367,340 | 966,325 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | |||
| total liabilities | 1,342,929 | 1,367,340 | 966,325 |
| net assets | -401,794 | -486,334 | -425,666 |
| total shareholders funds | -401,794 | -486,334 | -425,666 |
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 50,000 | ||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | 9,517 | 207,830 | 29,200 |
| Creditors | 140,031 | 66,787 | 36,251 |
| Accruals and Deferred Income | -37,777 | 38,817 | 67,849 |
| 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 | -126,665 | 295,411 | 862,225 |
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 100,612 | 132,517 | 11,459 |
| overdraft | |||
| change in cash | 100,612 | 132,517 | 11,459 |
musselburgh care home ltd. Credit Report and Business Information
Musselburgh Care Home Ltd. Competitor Analysis
Perform a competitor analysis for musselburgh care home ltd. by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in ML4 area or any other competitors across 12 key performance metrics.
musselburgh care home ltd. Ownership
MUSSELBURGH CARE HOME LTD. group structure
Musselburgh Care Home Ltd. has no subsidiary companies.
Ultimate parent company
MUSSELBURGH CARE HOME LTD.
SC656868
musselburgh care home ltd. directors
Musselburgh Care Home Ltd. currently has 1 director, Mr Gary Sharp serving since Mar 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gary Sharp | United Kingdom | 40 years | Mar 2020 | - | Director |
P&L
March 2023turnover
4.7m
+15%
operating profit
96.1k
0%
gross margin
59.2%
+0.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-401.8k
-0.17%
total assets
941.1k
+0.07%
cash
244.6k
+0.7%
net assets
Total assets minus all liabilities
Similar Companies
musselburgh care home ltd. company details
company number
SC656868
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
87100 - Residential nursing care activities
68320 - Management of real estate on a fee or contract basis
incorporation date
March 2020
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
simply acquisition 016 ltd (May 2020)
simply acquisitions 16 ltd (March 2020)
accountant
-
auditor
-
address
stewart house pochard way, strathclyde business park, bellshill, ML4 3HB
Bank
-
Legal Advisor
-
musselburgh care home 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 did not find charges/mortgages relating to musselburgh care home ltd..
musselburgh care home 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 MUSSELBURGH CARE HOME LTD.. This can take several minutes, an email will notify you when this has completed.
musselburgh care home ltd. Companies House Filings - See Documents
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