Aethel Care Homes Ltd
Registered name: AETHEL CARE HOMES LTD
Part of Aethel Healthcare Limited groupAethel Care Homes Ltd made £5.5m revenue and a £934k loss in the year to 30 Apr 2023.
Aethel Care Homes Ltd’s revenue grew 1% to £5.5m in the year to 30 Apr 2023, with a loss of £934k and 168 employees. The company is classified under “residential nursing care facilities” and is based in Manchester; we hold 2 years of its filed accounts.
- Status
- In Administration
- Location
- Manchester, North West
- Age
- 27 yrs · since 1999
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £5.4m | £5.5m |
| Cost of sales | £3.1m | £5.1m |
| Gross profit | £2.3m | £342k |
| Operating profit | £1.2m | −£1.4m |
| Profit before tax | £929k | −£1.7m |
| Profit after tax | £428k | −£934k |
| Profit (best available) | £428k | −£934k |
| Staff costs | £3.2m | £4.3m |
| Employees (average) | 156 | 168 |
| Ratios | ||
| Profit margin | 7.9% | −17% |
| Gross margin | 42.3% | 6.2% |
| Revenue per employee | £34.8k | £32.6k |
| Profit per employee | £2.7k | −£5.6k |
| Cash conversion | 106.5% | — |
| Growth (year on year) | ||
| Revenue growth | — | ▲0.9% |
| Profit growth | — | ▼318.1% |
| Headcount growth | — | ▲7.7% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £552k | — |
| Net assets | £1.5m | £3.1m |
| Fixed assets | £8.5m | £12.1m |
| Current assets | £912k | £828k |
| Debtors | £181k | £82.3k |
| Cash from operations | £1.2m | £152k |
| Source | Accounts · bulk data Aug 2024 | Accounts · bulk data Aug 2024 |
How the business works
- Profit margin
- −17%
- Profit ÷ revenue.
- Gross margin
- 6.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £32.6k
- Revenue ÷ average employees.
- Profit per employee
- −£5.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 220.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.5%
- Money owed by customers. Low = customers pay quickly.
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
- ▲111%
- Now £3.1m
- Cash at bank
- —
- Now —
- Headcount
- ▲8%
- Now 168
- Deferred income
- —
- Now —
- Fixed assets
- ▲42%
- Now £12.1m
Group structure
Ownership chain
- Aethel Healthcare Limitedultimate parent50–75%
- Aethel Care Homes Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Minority corporate shareholders
- Aethel Industries Limited 25–50%
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 30 Apr 2023 (profit −£934k), from the Companies House accounts bulk data published Aug 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.