How much does Apex Prime Care Ltd make?

Apex Prime Care Ltd reported revenue of £30.8m and £1.1m profit in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Apex Prime Care Ltd have?

Apex Prime Care Ltd reported an average of 1,302 employees in the year to 31 Mar 2023.

Is Apex Prime Care Ltd profitable?

Yes — Apex Prime Care Ltd reported a profit of £1.1m in the year to 31 Mar 2023.

Company No. 04296566 · Incorporated 1 Oct 2001

Apex Prime Care Ltd

Registered name: APEX PRIME CARE LTD

Part of Cera Care Limited group

Apex Prime Care Ltd made £30.8m revenue and £1.1m profit in the year to 31 Mar 2023.

Apex Prime Care Ltd’s revenue fell 1% to £30.8m in the year to 31 Mar 2023, with £1.1m profit and 1,302 employees. The company is classified under “other human health activities” and is based in Southampton; we hold 2 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 86900Other human health activities

Status: Active
Location: Southampton, South East
Age: 25 yrs · since 2001
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: “Apex Prime Care Holdings Limited”

Latest accounts · year to 31 Mar 2023

Key figures

Revenue

£30.8m

Growth ▼0.8%

Profit

£1.1m

Growth ▼58.3%

Profit margin

3.5%

Gross 29.3%

Employees

1,302

Change ▼2.6%

Profit / employee

£839

Revenue/employee £23.7k

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 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£31.1m	£30.8m
Cost of sales	£21.4m	£21.8m
Gross profit	£9.7m	£9m
Profit before tax	£3.3m	£1.5m
Profit after tax	£2.6m	£1.1m
Profit (best available)	£2.6m	£1.1m
Staff costs	£24.9m	£25.8m
Employees (average)	1,337	1,302
Ratios
Profit margin	8.4%	3.5%
Gross margin	31.3%	29.3%
Revenue per employee	£23.2k	£23.7k
Profit per employee	£2k	£839
Growth (year on year)
Revenue growth	—	▼0.8%
Profit growth	—	▼58.3%
Headcount growth	—	▼2.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.5m	£455k
Net assets	£4.7m	£5m
Fixed assets	£4.8m	£6.3m
Current assets	£5.3m	£4.7m
Debtors	£2m	£3.5m
Deferred income	£187k	£197k
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023

Derived from the latest filing

How the business works

Profit margin: 3.5%; Profit ÷ revenue.
Gross margin: 29.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £23.7k; Revenue ÷ average employees.
Profit per employee: £839; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 20.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.4%; 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: ▲6%; Now £5m
Cash at bank: ▼82%; Now £455k
Headcount: ▼3%; Now 1,302
Deferred income: ▲6%; Now £197k
Fixed assets: ▲30%; Now £6.3m

Corporate ownership

Group structure

Ownership chain

Cera Care Limitedultimate parent75–100%
Cera Care Operations Holdings Limited75–100%
Apex Prime Care Holdings Ltd75–100%
Apex Prime Care Ltdthis company

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

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

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2023 (profit £1.1m), from the Companies House accounts bulk data published Nov 2023. 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.