Midland Healthcare Limited in Derbyshire, DE1 2RJ

Description

Data updated on: 01-11-2023

Midland Healthcare has been offering its services for at least 25 years. Established under company registration number 03803248, it is considered a Private Limited Company. You can reach the main office of the company during business times under the following address: The Mills Canal Street Derby, DE1 2RJ Derbyshire. The enterprise's SIC and NACE codes are 86102 and their NACE code stands for Medical nursing home activities. Midland Healthcare Ltd reported its latest accounts for the financial period up to 2022-03-31. Its latest confirmation statement was submitted on 2023-07-08.

One of the tasks of Midland Healthcare is to provide health care services. It has four locations in all the UK. Dove House Care Home in Ashbourne has operated since Mon, 17th Jan 2011, and provides home care with nursing and home care without nursing. The company caters for the needs of patients with dementia, people with mental health problems and older people. For further information, please call the following phone number: 01283820304. All the information concerning the firm can also be obtained on the phone number: 02476332782. Apart from its main unit in Ashbourne, the company also works in Nightingale Care Home located in Mansfield, Rushey Mead Manor Care and Nursing Home located in Leicester and Woodlands Care and Nursing Home placed in Chesterfield. The firm joined HSCA on 2011-01-17. As for the medical procedures included in the offer, the centre provides patients with accommodation for persons requiring nursing or personal care, diagnosis, screening, treatment of diseases, disorders and injuries.

With four job announcements since Tue, 5th Jan 2016, the corporation has been relatively active on the employment market. On Wed, 2nd Mar 2016, it was recruiting candidates for a full time Care Assistant Required post in Ashbourne, and on Tue, 5th Jan 2016, for the vacant post of a full time Night Care Assistant in Ashbourne. As of yet, they have looked for candidates for the Gardener positions.

10 transactions have been registered in 2010 with a sum total of £11,689. Cooperation with the Derbyshire County Council council covered the following areas: Residential Care Homes.

In order to meet the requirements of their customers, the business is consistently directed by a body of two directors who are Ian N. and Philip D.. Their successful cooperation has been of pivotal importance to this specific business since 2022. What is more, the managing director's assignments are regularly supported by a secretary - Camelia D., who joined this specific business in 2018.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-12-31	2017-12-31	2018-12-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	54 867	5 519	11 030	366 482	111 582	214 378	57 288
Current Assets	620 756	368 495	271 588	653 972	268 437	398 529	195 931
Debtors	564 464	361 551	259 133	287 015	156 380	184 151	138 643
Net Assets Liabilities	4 728 863	4 575 485	2 177 457	1 680 476	1 510 575	207 957	-123 868
Other Debtors				67 609	12 767	107 457	107 457
Property Plant Equipment	7 965 634	7 803 626	5 931 000	2 839 984	3 003 293	1 496 112	1 455 059
Total Inventories	1 425	1 425	1 425	475	475

Other Financial Data
Audit Fees Expenses	10 200	13 560	13 200	14 400
Fees For Non-audit Services	36 970	39 880	66 980	80 994
Director Remuneration	165 401	114 400	200 000	347 385
Accrued Liabilities	113 682	63 512	52 492	60 823	68 615	38 180	36 870
Accrued Liabilities Deferred Income	1 451	10 448	9 403	7 934	4 304	2 592	2 047
Accumulated Depreciation Impairment Property Plant Equipment	785 373	977 103	460 075	271 581	344 715	305 428	346 481
Additional Provisions Increase From New Provisions Recognised		17 660		18 005
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss			-175 842			-123 293
Administrative Expenses	1 109 875	997 921	911 281	1 448 010
Applicable Tax Rate	20	19	19	19
Average Number Employees During Period	192	208	184	167	65	56	29
Bank Borrowings	2 532 712	2 309 495	2 050 356		300 000
Bank Borrowings Overdrafts	2 290 289	2 061 427	1 805 544		79 802
Bank Overdrafts		44 581	475 600
Cash Cash Equivalents Cash Flow Value	54 867	-39 062	-464 570
Cash Receipts From Government Grants	-1 451	-1 306	-1 175	-1 469
Comprehensive Income Expense	-50 547	-153 378	-2 398 028	-496 981
Corporation Tax Payable	11 000	902
Cost Sales	3 143 166	3 398 523	3 393 966	4 002 782
Creditors	2 301 897	2 071 875	1 814 947	7 934	224 502	2 592	2 047
Current Tax For Period	11 000	902
Deferred Tax Liabilities	108 948	126 608	-95 726	123 293	123 293
Depreciation Amortisation Expense	194 713	191 730	51 772	178 442
Depreciation Expense Property Plant Equipment	194 713	191 730	51 772	178 442
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax			-1 907 554
Further Item Interest Expense Component Total Interest Expense			2 921	3 204
Further Operating Expense Item Component Total Operating Expenses	21 353	22 889	22 362	13 864
Future Minimum Lease Payments Under Non-cancellable Operating Leases	20 486	20 631	21 972	8 270
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	136 254	28 122	164 331	-307 605
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-27 851	202 913	102 418	-27 882
Government Grants Payable	4 353	3 918
Gross Profit Loss	1 105 461	899 562	308 869	1 044 149
Income Taxes Paid Refund Classified As Operating Activities		-11 214	-902
Income Tax Expense Credit On Components Other Comprehensive Income	-32 514	-23 880	-154 521	3 852
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	96 522	-93 929	-425 508	831 052
Increase Decrease In Current Tax From Adjustment For Prior Periods		214
Increase From Depreciation Charge For Year Property Plant Equipment		191 730	51 772	178 442	73 134	67 491	41 053
Interest Expense On Bank Loans Similar Borrowings	68 361	61 431	62 164	71 130
Interest Paid Classified As Operating Activities	-68 361	-61 430	-65 085	-74 334
Interest Payable Similar Charges Finance Costs	68 361	61 431	65 085	74 334
Merchandise	1 425	1 425	1 425	475
Net Cash Flows From Used In Financing Activities	-5 957	315 970	-11 064	1 448 834
Net Cash Flows From Used In Investing Activities	139 776	29 721	86 694	-2 936 888
Net Cash Flows From Used In Operating Activities	-230 341	-251 762	349 878	657 002
Net Cash Generated From Operations	-298 702	-324 406	283 891	582 668
Net Current Assets Liabilities	-651 377	-878 989	-1 837 161	-1 028 281	-1 144 923	-1 285 563	-1 576 880
Net Interest Received Paid Classified As Investing Activities	-4	-1	-6	-130
Number Shares Issued Fully Paid		533 000	533 000	533 000
Operating Profit Loss	-2 963	-97 053	-601 237	-400 920
Other Comprehensive Income Expense Net Tax	32 514	23 880	-1 753 033	-3 852
Other Creditors	212 142	255 973	397 743	163 856	93 552	61 930	58 442
Other Deferred Tax Expense Credit	741	17 660	-21 321	18 005
Other Interest Receivable Similar Income Finance Income	4	2	6	130
Other Operating Income Format1	1 451	1 306	1 175	2 941
Other Taxation Social Security Payable	89 386	86 658	89 138	105 512	27 919	160 585	182 693
Par Value Share		1	1	1
Pension Other Post-employment Benefit Costs Other Pension Costs	16 444	17 184	27 213	45 856
Prepayments Accrued Income	26 206	30 413	21 560	10 248	8 885	9 287	14 476
Proceeds From Borrowings Classified As Financing Activities	-191 965
Profit Loss	-83 061	-177 258	-644 995	-493 129	-169 901	-1 302 618	-331 825
Profit Loss On Ordinary Activities Before Tax	-71 320	-158 482	-666 316	-475 124
Property Plant Equipment Gross Cost	8 751 007	8 780 729	6 391 075	3 111 565	3 348 008	1 801 540
Provisions	283 497	277 277	101 435	123 293	123 293
Provisions For Liabilities Balance Sheet Subtotal	283 497	277 277	101 435	123 293	123 293
Purchase Property Plant Equipment	-139 780	-29 722	-86 700	-53 242
Repayments Borrowings Classified As Financing Activities	-207 990	-223 217	-259 140	-2 050 356
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment			-568 800
Social Security Costs	163 684	177 900	181 430	224 666
Staff Costs Employee Benefits Expense	3 110 738	3 317 032	3 446 801	4 200 381
Tax Decrease From Utilisation Tax Losses	1 237
Tax Decrease Increase From Effect Revenue Exempt From Taxation	908	878	842	279
Tax Expense Credit Applicable Tax Rate	-14 264	-30 503	-126 600	-90 274
Tax Tax Credit On Profit Or Loss On Ordinary Activities	11 741	18 776	-21 321	18 005
Total Additions Including From Business Combinations Property Plant Equipment		29 722	86 700	53 242	236 443	16 994
Total Assets Less Current Liabilities	7 314 257	6 924 637	4 093 839	1 811 703	1 858 370	210 549	-121 821
Total Borrowings	2 532 712	2 354 076	2 525 956
Total Current Tax Expense Credit	11 000	1 116
Total Increase Decrease From Revaluations Property Plant Equipment			-2 476 354
Trade Creditors Trade Payables	124 911	162 099	193 200	94 776	47 968	73 856	26 225
Trade Debtors Trade Receivables	538 258	331 138	237 573	209 158	134 728	67 407	16 710
Turnover Revenue	4 248 627	4 298 085	3 702 835	5 046 931
Wages Salaries	2 930 610	3 121 948	3 238 158	3 929 859
Disposals Decrease In Depreciation Impairment Property Plant Equipment				366 936		106 778
Disposals Property Plant Equipment				3 332 752		1 563 462
Gain Loss On Disposal Assets Income Statement Subtotal				24 184
Gain Loss On Disposals Property Plant Equipment				24 184
Increase Decrease In Stocks Inventories Finished Goods Work In Progress				-950
Proceeds From Sales Property Plant Equipment				-2 990 000