Evolve Care Group (A) Ltd
Registered name: EVOLVE CARE GROUP (A) LTD
Part of Spd001 Limited groupEvolve Care Group (A) Ltd made £2k revenue and a £46k loss in the year to 31 Jul 2024.
Evolve Care Group (A) Ltd’s revenue was £2k in the year to 31 Jul 2024, with a loss of £46k and 49 employees. The company is classified under “medical nursing home activities” and is based in Almondsbury; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Almondsbury, South West
- Age
- 11 yrs · since 2015
- 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 | 31 Jan 2022 | 31 Jul 2023 | 31 Jul 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £0 | £0 | £2k |
| Cost of sales | £100k | £162k | £90.3k |
| Gross profit | −£100k | −£162k | −£88.3k |
| Operating profit | −£1.1m | £608k | −£63.3k |
| Profit before tax | −£1.1m | £638k | −£63.3k |
| Profit after tax | −£1.1m | £502k | −£46k |
| Profit (best available) | −£1.1m | £502k | −£46k |
| Staff costs | £207k | £185k | £191k |
| Employees (average) | 53 | 63 | 49 |
| Ratios | |||
| Profit margin | — | — | −2326% |
| Gross margin | — | — | −4466% |
| Revenue per employee | £0 | £0 | £40 |
| Profit per employee | −£19.8k | £8k | −£938 |
| Cash conversion | — | −121.8% | — |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £5.6m | £3.4m | £3.5m |
| Net assets | £5.9m | £6.4m | £6.4m |
| Fixed assets | £183k | £335k | £274k |
| Current assets | £13.8m | £18.6m | £18.8m |
| Debtors | £8.2m | £15.2m | £15.3m |
| Cash from operations | £833k | −£740k | −£4.7m |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2025 |
How the business works
- Profit margin
- −2326%
- Profit ÷ revenue.
- Gross margin
- −4466%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £40
- Revenue ÷ average employees.
- Profit per employee
- −£938
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 13883%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 774103%
- 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
- —
- Now £6.4m
- Cash at bank
- —
- Now £3.5m
- Headcount
- —
- Now 49
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £274k
Group structure
Ownership chain
- Spd001 Limitedultimate parent75–100%
- Evolve Care Group (A) Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (12)
- Angela Court LimitedFigures not disclosed
- Catherine House LimitedFigures not disclosed
- CH Vehicle Two LtdFigures not disclosed
- Edenmore Care LimitedFigures not disclosed
- FR Vehicle One LtdFigures not disclosed
- Frome Care Village LimitedFigures not disclosed
- Gibraltar Care Village LimitedFigures not disclosed
- Hatherleigh Care Village LimitedFigures not disclosed
- Heanton LimitedFigures not disclosed
- Sundial View LimitedFigures not disclosed
- TC Operation LimitedFigures not disclosed
- Tcopc LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Jul 2024 (profit −£46k), from the Companies House accounts bulk data published Apr 2025. 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.