Encore Care Homes LtdDissolved
Encore Care Homes Ltd made £12.4m revenue and a £6.6m loss in the year to 31 Jan 2023.
Encore Care Homes Ltd’s revenue grew 12% to £12.4m in the year to 31 Jan 2023, with a loss of £6.6m and 0 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
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 Jan 2022 | 31 Jan 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £11m | £12.4m |
| Cost of sales | £7.5m | £9.1m |
| Profit after tax | −£1.1m | −£6.6m |
| Profit (best available) | −£1.1m | −£6.6m |
| Staff costs | £0 | £0 |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | −10.4% | −53.2% |
| Growth (year on year) | ||
| Revenue growth | — | ▲12.2% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £742k | £507k |
| Net assets | −£3m | −£9.5m |
| Fixed assets | £378k | £342k |
| Current assets | £2.2m | £507k |
| Debtors | £0 | £0 |
| Deferred income | £0 | £0 |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 |
How the business works
- Profit margin
- −53.2%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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 −£9.5m
- Cash at bank
- ▼32%
- Now £507k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now £0
- Fixed assets
- ▼9%
- Now £342k
Sources
Latest figures from accounts for the year to 31 Jan 2023 (profit −£6.6m), from the Companies House accounts bulk data published Oct 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.