How much does New Century Care Limited make?

New Century Care Limited reported revenue of £1.3m and £51.3k profit in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does New Century Care Limited have?

New Century Care Limited reported an average of 13 employees in the year to 31 Mar 2023.

Is New Century Care Limited profitable?

Yes — New Century Care Limited reported a profit of £51.3k in the year to 31 Mar 2023.

Company No. 03375573 · Incorporated 23 May 1997

New Century Care Limited

Registered name: NEW CENTURY CARE LIMITED

Part of Gresham House Limited group

New Century Care Limited made £1.3m revenue and £51.3k profit in the year to 31 Mar 2023.

New Century Care Limited’s revenue was £1.3m in the year to 31 Mar 2023, with £51.3k profit and 13 employees. The company is classified under “combined office administrative service activities” and is based in Cheltenham; we hold 2 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82110Combined office administrative service activities

Status: Active
Location: Cheltenham, South 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.

Latest accounts · year to 31 Mar 2023

Key figures

Capital-light

Revenue

£1.3m

Growth —

Profit

£51.3k

Growth —

Profit margin

3.9%

Gross 6.9%

Employees

Change —

Profit / employee

£3.9k

Revenue/employee £103k

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 2021	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£1.1m	£1.3m
Cost of sales	£969k	£1.2m
Gross profit	£84.9k	£92.5k
Operating profit	£84.9k	£92.5k
Profit before tax	£40.9k	£51.3k
Profit after tax	£40.9k	£51.3k
Profit (best available)	£40.9k	£51.3k
Staff costs	£576k	£748k
Employees (average)	12	13
Ratios
Profit margin	3.9%	3.9%
Gross margin	8.1%	6.9%
Revenue per employee	£87.9k	£103k
Profit per employee	£3.4k	£3.9k
Balance sheet — indirect signals, not revenue
Cash at bank	£258k	£145k
Net assets	−£2.9m	−£2.8m
Fixed assets	£38.5k	£46.1k
Current assets	£5.1m	£3.9m
Debtors	£4.9m	£3.8m
Deferred income	£76.4k	£69k
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024

Derived from the latest filing

How the business works

Profit margin: 3.9%; Profit ÷ revenue.
Gross margin: 6.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £103k; Revenue ÷ average employees.
Profit per employee: £3.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 5.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 284.4%; 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: —; Now −£2.8m
Cash at bank: —; Now £145k
Headcount: —; Now 13
Deferred income: —; Now £69k
Fixed assets: —; Now £46.1k

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

Corporate ownership

Group structure

Ownership chain

Gresham House Limitedultimate parent75–100%
Gresham House Holdings Limited75–100%
Gresham House (Nominees) Limited75–100%
Aurem Care Group Limited75–100%
New Century Care Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (6)

New Century Finance & Leasing LimitedRev. £621k · Profit −£4.8k
Aurem Care (Midco III) LimitedRev. £0 · Profit £34.4k
Aurem Care (Midco) LimitedRev. £0 · Profit −£1.4m
Aurem Care (Midco 2) LimitedFigures not disclosed
Aurem Care (Midco II) LimitedFigures not disclosed
Aurem Care Shared Services LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2023 (profit £51.3k), from the Companies House accounts bulk data published Mar 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.