ALTHEA HEALTHCARE PROPERTIES 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. As such, the Directors consider it appropriate to prepare these financial statements on a going concern basis.”

Group structure

1. ALTHEA HEALTHCARE PROPERTIES LIMITED · parent
   1. Senses Holiday Limited 100% · England and Wales · dormant company
   2. Althea Healthcare (Management) Limited 100% · England and Wales · residential care for the elderly

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.”
• “The Company continues to make targeted investments to future-proof the business, including: 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.”
• “The company has taken advantage of the exemption, under FRS102 paragraph 1.12(b), from preparing a Statement of Cash Flows on the basis that it is a qualifying entity and its ultimate parent company, Peacock Holdings (2015) Limited, included the company's cash flows in its own consolidated financial statements.”
• “There is a commitment for the design, erection and completion of an extension at Queen Charlotte Care Home. The total amount contracted for but not provided in the financial statements was £3,927,153 (2023 - £Nil).”

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

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +11.6%

  £10,615,652 → £11,846,915

  highest in 3 filed years

• Cash

  -45.7%

  £465,203 → £252,708

  lowest in 3 filed years

• Net assets

  +9.2%

  £3,196,497 → £3,489,798

  highest in 3 filed years

• Employees

  +11.2%

  233 → 259

  highest in 3 filed years

• Operating profit

  -84.3%

  £789,769 → £124,053

• Profit before tax

  -63.2%

  £945,446 → £348,095

  lowest in 3 filed years

• Wages

  +27%

  £5,425,740 → £6,892,843

  highest in 3 filed years

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