How much does Trust Care Ltd make?

Trust Care Ltd reported revenue of £10.5m and £355k profit in the year to 30 Apr 2023, according to its accounts filed at Companies House.

How many employees does Trust Care Ltd have?

Trust Care Ltd reported an average of 351 employees in the year to 30 Apr 2023.

Is Trust Care Ltd profitable?

Yes — Trust Care Ltd reported a profit of £355k in the year to 30 Apr 2023.

Company No. 06362325 · Incorporated 5 Sep 2007

Trust Care Ltd

Registered name: TRUST CARE LTD

Trust Care Ltd made £10.5m revenue and £355k profit in the year to 30 Apr 2023.

Trust Care Ltd’s revenue grew 31% to £10.5m in the year to 30 Apr 2023, with £355k profit and 351 employees. The company is classified under “residential nursing care facilities” and is based in Wadworth; we hold 2 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 87100Residential nursing care facilities

Status: Active
Location: Wadworth, Yorkshire and The Humber
Age: 19 yrs · since 2007
Type: Private Limited Company

Latest accounts · year to 30 Apr 2023

Key figures

IndependentCash flow filed

Revenue

£10.5m

Growth ▲31.5%

Profit

£355k

Growth ▼67.9%

Profit margin

3.4%

Employees

351

Change ▲24.5%

Profit / employee

£1k

Revenue/employee £30k

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	30 Apr 2022	30 Apr 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£8m	£10.5m
Operating profit	£1.5m	£875k
Profit before tax	£1.4m	£561k
Profit after tax	£1.1m	£355k
Profit (best available)	£1.1m	£355k
Staff costs	£5.6m	£7.3m
Employees (average)	282	351
Ratios
Profit margin	13.8%	3.4%
Revenue per employee	£28.4k	£30k
Profit per employee	£3.9k	£1k
Cash conversion	−119.7%	−142.1%
Growth (year on year)
Revenue growth	—	▲31.5%
Profit growth	—	▼67.9%
Headcount growth	—	▲24.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.5m	£1.4m
Net assets	£3.5m	£3.7m
Fixed assets	£7.1m	£10m
Current assets	£3.1m	£3.3m
Debtors	£311k	£515k
Cash from operations	−£1.8m	−£1.2m
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: 3.4%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £30k; Revenue ÷ average employees.
Profit per employee: £1k; Profit ÷ average employees.
Cash conversion: −142.1%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 95.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4.9%; 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: ▲3%; Now £3.7m
Cash at bank: ▼7%; Now £1.4m
Headcount: ▲24%; Now 351
Deferred income: —; Now —
Fixed assets: ▲42%; Now £10m

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Apr 2023 (profit £355k), from the Companies House accounts bulk data published Dec 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.