ALTHEA HEALTHCARE LIMITED

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

PKF Francis Clark

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have reviewed the Group's trading projections, cash flow forecasts and financial plans for the foreseeable future and confirm that the Group has significant resources that are more than adequate to allow it to meet its obligations for a period of twelve months from the signing of these accounts. With a robust balance sheet, growing revenues and resolute banking support, the Directors are confident in the Group's ongoing viability.”

Significant events

• “As the UK's first major care operator to achieve B Corp certification and having been named Residential Care Provider of the Year - 2024 by Health Investor, we remain steadfast in our commitment to delivering high-quality, person-centred care and driving meaningful social and environmental impact across our operations.”
• “Significant cash generation during the period enabled Kingsley to secure additional banking facilities, enhancing our financial flexibility to support further investment in services, property, technology and people.”
• “Expansion into new geographic hubs, supported by robust infrastructure and internal capabilities.”
• “Investment in digital transformation, covering call centre operations, integrated finance systems, cyber security and IT infrastructure.”
• “Enhancements to core care platforms - including care planning, medication management and governance systems.”
• “Implementation of a comprehensive CRM solution to strengthen sales, client engagement and operational efficiency.”
• “In 2024, Kingsley reaffirmed its commitment as a Real Living Wage employer.”
• “One of the most notable achievements has been the successful implementation of Workday, a comprehensive financial accounting and reporting system.”

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

Filings

20

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +14.4%

  £3,930,250 → £4,495,033

• Cash

  +325.3%

  £6,535 → £27,794

• Net assets

  +4.9%

  £7,500,310 → £7,866,751

• Employees

  +7.9%

  101 → 109

• Profit before tax

  +14.4%

  £521,730 → £596,809

• Wages

  +20.8%

  £2,159,330 → £2,607,770

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