ADELAIDE 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

Sumer Audit

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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.”

Significant events

• “In 2024, demand for high-quality care remained strong, underpinning a 9% increase in revenue to £5.96m (2023 - £5.47m). Gross profit margins improved slightly to 42.5% (2023-41.8%), reflecting consistent occupancy and improved efficiency in core operations.”
• “Administrative expenses rose to £1.02m (2023 - £0.80m). The main areas of movement included increased property repairs and maintenance, higher professional and compliance-related fees, additional governance costs, and increased utility and insurance charges, reflecting both investment and external inflationary pressures.”
• “During the year, the company recognised an exceptional expense of £858,188, arising from the write-off of amounts due from fellow group undertakings.”
• “A revaluation of property, plant and equipment of £1.70m was recognised in other comprehensive income, leading to a total comprehensive income of £2.40m (2023: £1.50m).”
• “Looking ahead to 2025, the company expects continued growth supported by stable demand and sustained high occupancy. In line with its strategic objectives, the business has acquired a new property with plans to extend its care home provision.”

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

Filings

11

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

  —

  Not reported

• Cash

  +23.2%

  £890,592 → £1,097,315

  highest in 5 filed years

• Net assets

  +17.4%

  £13,799,162 → £16,203,773

  highest in 5 filed years

• Employees

  -1%

  101 → 100

• Profit before tax

  -53.8%

  £1,522,172 → £703,189

• Wages

  +7.1%

  £2,720,280 → £2,912,149

  highest in 5 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