vitality care homes ltd
vitality care homes ltd Company Information
Company Number
09958667
Website
-Registered Address
2 wheeleys road edgbaston, birmingham, west midlands, B15 2LD
Industry
Other human health activities
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Bulvant Khaira8 Years
Shareholders
khaira group ltd 100%
vitality care homes ltd Estimated Valuation
Pomanda estimates the enterprise value of VITALITY CARE HOMES LTD at £354.2k based on a Turnover of £894.3k and 0.4x industry multiple (adjusted for size and gross margin).
vitality care homes ltd Estimated Valuation
Pomanda estimates the enterprise value of VITALITY CARE HOMES LTD at £0 based on an EBITDA of £-102.1k and a 3.64x industry multiple (adjusted for size and gross margin).
vitality care homes ltd Estimated Valuation
Pomanda estimates the enterprise value of VITALITY CARE HOMES LTD at £123.8k based on Net Assets of £53.3k and 2.32x industry multiple (adjusted for liquidity).
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Vitality Care Homes Ltd Overview
Vitality Care Homes Ltd is a live company located in west midlands, B15 2LD with a Companies House number of 09958667. It operates in the other human health activities sector, SIC Code 86900. Founded in January 2016, it's largest shareholder is khaira group ltd with a 100% stake. Vitality Care Homes Ltd is a young, small sized company, Pomanda has estimated its turnover at £894.3k with declining growth in recent years.
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Vitality Care Homes Ltd Health Check
Pomanda's financial health check has awarded Vitality Care Homes Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £894.3k, make it larger than the average company (£720.8k)
- Vitality Care Homes Ltd
£720.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (5.3%)
- Vitality Care Homes Ltd
5.3% - Industry AVG
Production
with a gross margin of 35.9%, this company has a comparable cost of product (35.9%)
- Vitality Care Homes Ltd
35.9% - Industry AVG
Profitability
an operating margin of -17.6% make it less profitable than the average company (6%)
- Vitality Care Homes Ltd
6% - Industry AVG
Employees
with 28 employees, this is above the industry average (19)
28 - Vitality Care Homes Ltd
19 - Industry AVG
Pay Structure
on an average salary of £24.6k, the company has an equivalent pay structure (£24.6k)
- Vitality Care Homes Ltd
£24.6k - Industry AVG
Efficiency
resulting in sales per employee of £31.9k, this is less efficient (£43.2k)
- Vitality Care Homes Ltd
£43.2k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (22 days)
- Vitality Care Homes Ltd
22 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Vitality Care Homes Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Vitality Care Homes Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (141 weeks)
6 weeks - Vitality Care Homes Ltd
141 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.2%, this is a higher level of debt than the average (21.7%)
93.2% - Vitality Care Homes Ltd
21.7% - Industry AVG
vitality care homes ltd Credit Report and Business Information
Vitality Care Homes Ltd Competitor Analysis
Perform a competitor analysis for vitality care homes ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
vitality care homes ltd Ownership
VITALITY CARE HOMES LTD group structure
Vitality Care Homes Ltd has no subsidiary companies.
vitality care homes ltd directors
Vitality Care Homes Ltd currently has 1 director, Mr Bulvant Khaira serving since Jan 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Bulvant Khaira | United Kingdom | 44 years | Jan 2016 | - | Director |
VITALITY CARE HOMES LTD financials
Vitality Care Homes Ltd's latest turnover from March 2023 is estimated at £894.3 thousand and the company has net assets of £53.3 thousand. According to their latest financial statements, Vitality Care Homes Ltd has 28 employees and maintains cash reserves of £15 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | 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 | 28 | 31 | 31 | 31 | 30 | 30 | 20 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 237,600 | 238,315 | 250,647 | 218,352 | 412,257 | 419,676 | 194,637 |
| Intangible Assets | 163,356 | 175,856 | 188,356 | 200,856 | 0 | 0 | 238,356 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 400,956 | 414,171 | 439,003 | 419,208 | 412,257 | 419,676 | 432,993 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 22,022 | 46,848 | 141,700 | 38,779 | 180,261 | 146,818 | 13,282 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 345,372 | 142,435 | 0 | 84,230 | 0 | 0 | 14,423 |
| Cash | 14,996 | 105,969 | 32,452 | 7,182 | 0 | 0 | 57,247 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 382,390 | 295,252 | 174,152 | 130,191 | 180,261 | 146,818 | 84,952 |
| total assets | 783,346 | 709,423 | 613,155 | 549,399 | 592,518 | 566,494 | 517,945 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 365,166 | 0 | 433,407 | 337,219 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 48,736 | 110,347 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 111,743 | 88,392 | 0 | 447,680 | 0 | 0 | 423,677 |
| total current liabilities | 111,743 | 88,392 | 365,166 | 447,680 | 482,143 | 447,566 | 423,677 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 574,927 | 369,927 | 50,000 | 0 | 0 | 0 | 0 |
| provisions | 43,356 | 43,100 | 44,964 | 0 | 0 | 0 | 0 |
| total long term liabilities | 618,283 | 413,027 | 94,964 | 0 | 0 | 0 | 0 |
| total liabilities | 730,026 | 501,419 | 460,130 | 447,680 | 482,143 | 447,566 | 423,677 |
| net assets | 53,320 | 208,004 | 153,025 | 101,719 | 110,375 | 118,928 | 94,268 |
| total shareholders funds | 53,320 | 208,004 | 153,025 | 101,719 | 110,375 | 118,928 | 94,268 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 42,673 | 43,004 | 34,842 | 0 | 29,428 | ||
| Amortisation | 12,500 | 12,500 | 12,500 | 0 | 11,644 | ||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 178,111 | 47,583 | 18,691 | -57,252 | 33,443 | 119,113 | 27,705 |
| Creditors | 0 | -365,166 | 365,166 | -433,407 | 96,188 | 337,219 | 0 |
| Accruals and Deferred Income | 23,351 | 88,392 | -447,680 | 447,680 | 0 | -423,677 | 423,677 |
| Deferred Taxes & Provisions | 256 | -1,864 | 44,964 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -48,736 | -61,611 | 110,347 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 205,000 | 319,927 | 50,000 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -90,973 | 73,517 | 25,270 | 7,182 | 0 | -57,247 | 57,247 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -90,973 | 73,517 | 25,270 | 7,182 | 0 | -57,247 | 57,247 |
P&L
March 2023turnover
894.3k
-21%
operating profit
-157.3k
0%
gross margin
35.9%
+0.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
53.3k
-0.74%
total assets
783.3k
+0.1%
cash
15k
-0.86%
net assets
Total assets minus all liabilities
vitality care homes ltd company details
company number
09958667
Type
Private limited with Share Capital
industry
86900 - Other human health activities
incorporation date
January 2016
age
8
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
2 wheeleys road edgbaston, birmingham, west midlands, B15 2LD
last accounts submitted
March 2023
vitality care homes 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 vitality care homes ltd. Currently there are 3 open charges and 0 have been satisfied in the past.
vitality care homes ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
