RICHMOND VILLAGES OPERATIONS LIMITED
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Cash
£2.2M
-22.8% vs 2023
Net assets
£26M
+172% vs 2023
Employees
1,097
+8.6% vs 2023
Profit before tax
£8M
+47% vs 2023
Net assets
2-year trend · vs Health Care median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £61,325,000 | £65,359,000 | +6.6% | |
| Operating profit | £1,277,000 | £2,946,000 | +130.7% | |
| Profit before tax | £5,421,000 | £7,967,000 | +47% | |
| Net profit | -£1,812,000 | £5,742,000 | +416.9% | |
| Cash | £2,845,000 | £2,196,000 | -22.8% | |
| Total assets less current liabilities | £20,984,000 | £38,692,000 | +84.4% | |
| Net assets | £9,412,000 | £25,600,000 | +172% | |
| Equity | £9,412,000 | £25,600,000 | +172% | |
| Average employees | 1,010 | 1,097 | +8.6% | |
| Wages | £28,627,000 | £31,847,000 | +11.2% | |
| Directors' remuneration | £513,000 | £598,000 | +16.6% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 2.1% | 4.5% | |
| Net margin | -3.0% | 8.8% | |
| Return on capital employed | 6.1% | 7.6% | |
| Current ratio | 0.47x | 0.46x | |
| Interest cover | 3.50x | 7.75x |
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.
Name history
Renamed 1 time since incorporation
- RICHMOND VILLAGES OPERATIONS LIMITED 2015-03-03 → present
- RICHMOND PAINSWICK LIMITED 2003-05-28 → 2015-03-03
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. ... Consequently, the directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”
Group structure
- RICHMOND VILLAGES OPERATIONS LIMITED · parent
- Richmond Painswick Management Company Limited 100%
Significant events
- “The Employment Rights Bill is due to come into effect in 2026 at the earliest, with greater rights given to trade unions and collective bargaining, a ban on zero hours contracts and a fair pay agreement for care workers.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 26 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BUPA SECRETARIES LIMITED | Corporate Secretary | 2013-08-19 | — | — |
| BARKER, Neil Stephen | Director | 2018-04-27 | Feb 1974 | British |
| HOOSEN-WEBBER, Thomas Nichol | Director | 2025-02-03 | May 1980 | British |
| KELLAR, Philippa Jane | Director | 2018-04-27 | Mar 1970 | British |
| WATON, Aileen | Director | 2021-03-18 | Dec 1984 | British |
Show 26 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DUNCAN, David Gregor | Secretary | 2004-01-22 | 2005-02-23 |
| HATHER, Jon | Secretary | 2005-02-23 | 2011-11-22 |
| JOHNSON, Katherine Elizabeth | Secretary | 2003-05-28 | 2004-01-22 |
| PORTAL, Ian | Secretary | 2011-11-22 | 2013-03-19 |
| RICHARDSON, Joanne | Secretary | 2013-03-19 | 2013-08-19 |
| TEMPLE SECRETARIES LIMITED | Corporate Nominee Secretary | 2003-05-28 | 2003-05-28 |
| BARTON, Catherine Elizabeth | Director | 2016-11-17 | 2018-04-27 |
| BOWDEN, Richard Thomas | Director | 2013-08-19 | 2014-07-01 |
| BRICE, Paddy | Director | 2006-11-29 | 2014-07-01 |
| CANNON, Andrew John | Director | 2013-08-19 | 2015-07-23 |
| COCKELL, Keith Henry | Director | 2003-05-28 | 2008-10-31 |
| DUNCAN, David Gregor | Director | 2005-02-23 | 2006-11-29 |
| ELLIOTT, Joan Martina | Director | 2016-08-11 | 2021-07-02 |
| HARRISON, Michael | Director | 2018-04-27 | 2023-07-31 |
| HYNAM, David Emmanuel | Director | 2015-07-23 | 2016-11-17 |
| JACKSON, Paul | Director | 2008-12-18 | 2014-07-01 |
| JOHNSON, James Ronald | Director | 2003-05-28 | 2008-10-31 |
| MCGARTOLL, Owen Raphael | Director | 2006-10-23 | 2007-10-04 |
| MOORE, Keith | Director | 2013-08-19 | 2016-02-29 |
| PARSONS, Michael Dennis | Director | 2004-01-22 | 2013-08-19 |
| PEARSON, Rebecca | Director | 2021-07-02 | 2025-02-03 |
| PEELER, Andrew Michael | Director | 2013-08-19 | 2014-07-01 |
| PICKEN, Jonathan Stephen | Director | 2014-07-01 | 2018-04-27 |
| RICHARDSON, Charles Austen | Director | 2018-04-27 | 2020-08-14 |
| SWEETBAUM, Barry Jay | Director | 2004-01-22 | 2005-02-23 |
| COMPANY DIRECTORS LIMITED | Corporate Nominee Director | 2003-05-28 | 2003-05-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Richmond Care Villages Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 179 total filings
Material constitutional events — rename, articles re-file, resolution
- 2021-12-14 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-11 | CH01 | officers | Change person director company with change date | |
| 2025-07-21 | AA | accounts | Accounts with accounts type full | |
| 2025-06-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-17 | AA | accounts | Accounts with accounts type full | |
| 2024-07-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-27 | AA | accounts | Accounts with accounts type full | |
| 2023-08-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-04-05 | SH01 | capital | Capital allotment shares | |
| 2023-01-24 | CH01 | officers | Change person director company with change date | |
| 2022-11-30 | CH01 | officers | Change person director company with change date | |
| 2022-09-29 | AA | accounts | Accounts with accounts type full | |
| 2022-09-28 | CH01 | officers | Change person director company with change date | |
| 2022-06-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-12-14 | RESOLUTIONS | resolution | Resolution | |
| 2021-12-06 | SH01 | capital | Capital allotment shares | |
| 2021-12-03 | SH01 | capital | Capital allotment shares | |
| 2021-07-14 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.