How much does Homecare4u Limited make?

Homecare4u Limited reported revenue of £8.9m and £653k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Homecare4u Limited have?

Homecare4u Limited reported an average of 497 employees in the year to 31 Dec 2023.

Is Homecare4u Limited profitable?

Yes — Homecare4u Limited reported a profit of £653k in the year to 31 Dec 2023.

Company No. 07455354 · Incorporated 30 Nov 2010

Homecare4u Limited

Registered name: HOMECARE4U LIMITED

Part of Cera Care Limited group

Homecare4u Limited made £8.9m revenue and £653k profit in the year to 31 Dec 2023.

Homecare4u Limited’s revenue fell 19% to £8.9m in the year to 31 Dec 2023, with £653k profit and 497 employees. The company is classified under “social work activities without accommodation for the elderly and disabled” and is based in Southampton; we hold 3 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 88100Social work activities without accommodation for the elderly and disabled SIC 88990Other social work activities without accommodation n.e.c.

Status: Active
Location: Southampton, South East
Age: 15 yrs · since 2010
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 Dec 2023

Key figures

Capital-light

Revenue

£8.9m

Growth ▼18.8%

Profit

£653k

Growth ▲12.9%

Profit margin

7.3%

Gross 30%

Employees

497

Change ▼37.9%

Profit / employee

£1.3k

Revenue/employee £18k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£9.7m	£11m	£8.9m
Cost of sales	£7.3m	£8m	£6.3m
Gross profit	£2.4m	£3m	£2.7m
Operating profit	−£555k	£584k	£648k
Profit before tax	−£556k	£578k	£653k
Profit after tax	−£556k	£578k	£653k
Profit (best available)	−£556k	£578k	£653k
Staff costs	£8m	£8.3m	£6.9m
Employees (average)	776	800	497
Ratios
Profit margin	−5.8%	5.3%	7.3%
Gross margin	24.8%	27%	30%
Revenue per employee	£12.5k	£13.8k	£18k
Profit per employee	−£717	£723	£1.3k
Growth (year on year)
Revenue growth	—	—	▼18.8%
Profit growth	—	—	▲12.9%
Headcount growth	—	—	▼37.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.7m	£1.7m	£667k
Net assets	£2.2m	£2.7m	£3.4m
Fixed assets	£3.1k	£9.3k	£8.6k
Current assets	£6.6m	£5.3m	£13m
Debtors	£715k	£915k	£1.7m
Deferred income	£770k	£394k	£176k
Source	Accounts · bulk data Apr 2024	Accounts · bulk data Apr 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: 7.3%; Profit ÷ revenue.
Gross margin: 30%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £18k; Revenue ÷ average employees.
Profit per employee: £1.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18.5%; 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: ▲24%; Now £3.4m
Cash at bank: ▼62%; Now £667k
Headcount: ▼38%; Now 497
Deferred income: ▼55%; Now £176k
Fixed assets: ▼7%; Now £8.6k

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

Cera Care Limitedultimate parent75–100%
Cera Care Operations Holdings Limited75–100%
Homecare4u Limitedthis company

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

Sister companies (21)

Apex Prime Care Holdings LtdRev. £38.9m · Profit £1.5m
First City Nursing Services LimitedRev. £25.8m · Profit £1.3m
Alpenbest LimitedRev. £13.8m · Profit £417k
Care 1st LimitedRev. £5.9m · Profit £1.2m
Apex Prime Care Group LtdRev. £136k · Profit −£1.3m
Cera Care Central LimitedRev. £85.7k · Profit −£11.7m
A1 Quality Home Care LimitedFigures not disclosed
Allied Health Support LimitedFigures not disclosed
Care at Home Services (South East) LimitedRev. — · Profit −£374k
Care Quality Services LimitedFigures not disclosed
Cera Care Carers LtdFigures not disclosed
Cera Care Operations (Scotland) LimitedFigures not disclosed
Cera Care Technology LimitedFigures not disclosed
Cera Homecare LimitedFigures not disclosed
Cera Housing C.I.C.Figures not disclosed
Cera Virtual Care LimitedFigures not disclosed
Gemcare South West LimitedFigures not disclosed
Home Healthcare Operations LimitedFigures not disclosed
My Care (Holdings) LimitedRev. — · Profit £294k
Premier Care LimitedFigures not disclosed
Sugarman Health and Wellbeing 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 Dec 2023 (profit £653k), 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.