How much does Lakeview Rest Homes Limited make?

Lakeview Rest Homes Limited reported revenue of £4.9m and £734k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Lakeview Rest Homes Limited have?

Lakeview Rest Homes Limited reported an average of 108 employees in the year to 31 Dec 2023.

Is Lakeview Rest Homes Limited profitable?

Yes — Lakeview Rest Homes Limited reported a profit of £734k in the year to 31 Dec 2023.

Company No. 03308025 · Incorporated 27 Jan 1997

Lakeview Rest Homes Limited

Registered name: LAKEVIEW REST HOMES LIMITED

Lakeview Rest Homes Limited made £4.9m revenue and £734k profit in the year to 31 Dec 2023.

Lakeview Rest Homes Limited’s revenue grew 17% to £4.9m in the year to 31 Dec 2023, with £734k profit and 108 employees. The company is classified under “residential care activities for learning difficulties, mental health and substance abuse” and is based in Lytham ST. Annes; we hold 2 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 87200Residential care activities for learning difficulties, mental health and substance abuse

Status: Active
Location: Lytham ST. Annes, North West
Age: 29 yrs · since 1997
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The ultimate controlling party is Mr Nicolas Wood by the nature of owning 100% of the voting share capital.”

Latest accounts · year to 31 Dec 2023

Key figures

Cash flow filed

Revenue

£4.9m

Growth ▲17.2%

Profit

£734k

Growth ▼31.8%

Profit margin

14.9%

Gross 36.2%

Employees

108

Change ▲9.1%

Profit / employee

£6.8k

Revenue/employee £45.6k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£4.2m	£4.9m
Cost of sales	£2.7m	£3.1m
Gross profit	£1.5m	£1.8m
Operating profit	£1.4m	£1.1m
Profit before tax	£1.3m	£953k
Profit after tax	£1.1m	£734k
Profit (best available)	£1.1m	£734k
Staff costs	£2.2m	£2.4m
Employees (average)	99	108
Ratios
Profit margin	25.6%	14.9%
Gross margin	35.7%	36.2%
Revenue per employee	£42.5k	£45.6k
Profit per employee	£10.9k	£6.8k
Cash conversion	40.1%	122.9%
Growth (year on year)
Revenue growth	—	▲17.2%
Profit growth	—	▼31.8%
Headcount growth	—	▲9.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£892k	£759k
Net assets	£4.5m	£5.1m
Fixed assets	£6.3m	£6.3m
Current assets	£1.3m	£1.1m
Debtors	£18.3k	£49.1k
Deferred income	£21.4k	£132k
Cash from operations	£560k	£1.3m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: 14.9%; Profit ÷ revenue.
Gross margin: 36.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £45.6k; Revenue ÷ average employees.
Profit per employee: £6.8k; Profit ÷ average employees.
Cash conversion: 122.9%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 127.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲14%; Now £5.1m
Cash at bank: ▼15%; Now £759k
Headcount: ▲9%; Now 108
Deferred income: ▲519%; Now £132k
Fixed assets: ▼0%; Now £6.3m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £734k), from the Companies House accounts bulk data published Sep 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.