PRIME LIFE LIMITED

1. PRIME LIFE LIMITED 1994-04-14 → present
2. UNICARE PUBLIC LIMITED COMPANY 1993-01-14 → 1994-04-14

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the balance sheet date, the company had a significant positive cash balance and net current asset position. At the time of signing these accounts, the directors have considered the effect on the going concern position. The financial forecasts prepared by the directors show that the company will be able to operate within the facilities available to it, specifically the long term loan of £46.7m, of which £36.4m is due for repayment in September 2027. The directors consider that the company will continue to operate for a period of at least 12 months from the date of signing these accounts. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. PRIME LIFE LIMITED · parent
   1. Wellspring Centres Limited 100%
   2. Collegia Care Limited 100%
   3. Kilnair Limited 100%
   4. Trentside Care Limited 100%
   5. Mountforest Limited 100%
   6. Drillstyle Limited 50%
   7. Barons Park Nursing Home Limited 100%
   8. Greenacres Nursing Homes Limited 100%
   9. Lutterworth Country House Care Home Limited 100%
   10. Springhill Care Group Limited 100%
   11. Springhill House (Accrington) Limited 100%
   12. Birch Green Care Centre Limited 100%
   13. Riversway Care Limited 100%
   14. Carefore Limited 100%
   15. Prague Properties Limited 100%
   16. Brownfox Quality Care Limited 100%

Significant events

• “On 31 July 2024, as part of a group reorganisation, the company acquired the trade and certain assets of Brownfox Quality Care Limited by way of a dividend in specie.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +10.7%

  £101,845,000 → £112,784,000

• Cash

  +41.4%

  £5,516,000 → £7,799,000

• Net assets

  +7.3%

  £88,433,000 → £94,924,000

• Employees

  +0.8%

  2,758 → 2,781

• Operating profit

  +31.1%

  £11,012,000 → £14,441,000

• Profit before tax

  +44.8%

  £7,779,000 → £11,262,000

• Wages

  +13.9%

  £54,137,000 → £61,678,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers