Athena Care Homes (UK) Limited
Registered name: ATHENA CARE HOMES (UK) LIMITED
Athena Care Homes (UK) Limited made £28.5m revenue and £800k profit in the year to 31 Mar 2024.
Athena Care Homes (UK) Limited’s revenue grew 11% to £28.5m in the year to 31 Mar 2024, with £800k profit and 728 employees. The company is classified under “activities of head offices” and is based in Laindon; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Laindon, East of England
- Age
- 12 yrs · since 2014
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £20.5m | £25.6m | £28.5m |
| Cost of sales | £14.7m | £16.2m | £19.5m |
| Gross profit | £5.9m | £9.3m | £9m |
| Operating profit | £4.3m | £5.6m | £4.2m |
| Profit before tax | £3.9m | £5m | £3.1m |
| Profit after tax | £577k | £863k | £800k |
| Profit (best available) | £577k | £863k | £800k |
| Staff costs | £11.7m | £12.9m | £16.8m |
| Employees (average) | 612 | 624 | 728 |
| Ratios | |||
| Profit margin | 2.8% | 3.4% | 2.8% |
| Gross margin | 28.6% | 36.4% | 31.6% |
| Revenue per employee | £33.6k | £41k | £39.1k |
| Profit per employee | £942 | £1.4k | £1.1k |
| Cash conversion | 71.3% | 36.8% | 230% |
| Growth (year on year) | |||
| Revenue growth | — | ▲24.5% | ▲11.4% |
| Profit growth | — | ▲49.7% | ▼7.3% |
| Headcount growth | — | ▲2% | ▲16.7% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £3.7m | £7.5m | £8.4m |
| Net assets | £8.1m | £8.6m | £8.7m |
| Fixed assets | £13.2m | £13.2m | £13.2m |
| Current assets | £13.5m | £17.4m | £23.3m |
| Debtors | £1.3m | £2.5m | £2.1m |
| Deferred income | £73.4k | £289k | £310k |
| Cash from operations | £3m | £2.1m | £9.6m |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Nov 2024 |
How the business works
- Profit margin
- 2.8%
- Profit ÷ revenue.
- Gross margin
- 31.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £39.1k
- Revenue ÷ average employees.
- Profit per employee
- £1.1k
- Profit ÷ average employees.
- Cash conversion
- 230%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 46.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7.3%
- 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
- ▲2%
- Now £8.7m
- Cash at bank
- ▲11%
- Now £8.4m
- Headcount
- ▲17%
- Now 728
- Deferred income
- ▲7%
- Now £310k
- Fixed assets
- ▲0%
- Now £13.2m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (7)
- Athena Care Homes (Gaywood) LimitedRev. £5.4m · Profit £1.4m
- Athena Care Homes (Chesterton) LimitedRev. £2.9m · Profit £338k
- Athena Care Homes (Arbury) LimitedFigures not disclosed
- Athena Care Homes (Bretton) LimitedRev. — · Profit £514k
- Athena Care Homes (Kings Lynn) LimitedRev. — · Profit £1.7m
- Athena Care Homes (March) LimitedRev. — · Profit £958k
- Athena Care Homes (Monmouth) LimitedRev. — · Profit £2.3m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £800k), from the Companies House accounts bulk data published Nov 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.