The Good Care Group at Riverstone LimitedDissolved
Registered name: THE GOOD CARE GROUP AT RIVERSTONE LIMITED
The Good Care Group at Riverstone Limited made £470k revenue and £203k profit in the year to 31 Aug 2023. read from filing text
The Good Care Group at Riverstone Limited’s revenue grew 584% to £470k in the year to 31 Aug 2023, with £203k profit and 2 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
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. From the filing: “The company's immediate parent company is The Good Care Group London Ltd, registered in England and Wales. The registered office is 120 Leman Street, London, E1 8EU.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2022 | 31 Aug 2023 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £68.7k | £470k |
| Cost of sales | £860 | £68.7k |
| Gross profit | £67.8k | £401k |
| Operating profit | £12.8k | £203k |
| Profit before tax | £12.8k | £203k |
| Profit (best available) | £12.8k | £203k |
| Staff costs | £860 | £66.6k |
| Employees (average) | 1 | 2 |
| Ratios | ||
| Profit margin | 18.6% | 43.2% |
| Gross margin | 98.8% | 85.4% |
| Revenue per employee | £68.7k | £235k |
| Profit per employee | £12.8k | £101k |
| Growth (year on year) | ||
| Revenue growth | — | ▲584.2% |
| Profit growth | — | ▲1489% |
| Headcount growth | — | ▲100% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £138k | £480k |
| Net assets | £10.4k | £170k |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 |
How the business works
- Profit margin
- 43.2%
- Profit ÷ revenue.
- Gross margin
- 85.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £235k
- Revenue ÷ average employees.
- Profit per employee
- £101k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▲1526%
- Now £170k
- Cash at bank
- ▲248%
- Now £480k
- Headcount
- ▲100%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Aug 2023 (profit £203k), from the Companies House accounts bulk data published Aug 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.