DRS CARE HOLDINGS 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

• Turnover

  +11.2%

  £6,029,679 → £6,703,962

• Cash

  -7.2%

  £299,079 → £277,529

• Net assets

  +16%

  £4,251,516 → £4,932,351

  highest in 6 filed years

• Employees

  +6.5%

  92 → 98

  highest in 6 filed years

• Operating profit

  +366.2%

  -£645,856 → £1,719,374

• Profit before tax

  +173.9%

  -£1,365,685 → £1,009,693

• Wages

  +10.6%

  £3,018,314 → £3,338,044

  highest in 4 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. 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

Consolidated group

Auditor

Shaw Gibbs (Audit) Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have reviewed the financial performance and position of the group and they are mindful of the net current liabilities of the group totalling £1,976,586 (2023: £2,369,759). The relevant balance includes £661,026 (2023: £1,300,542) owed to a company director. The relevant director has issued a letter of support to the company stating that repayment of the relevant amount due, which is repayable on demand, will not be requested unless the relevant company has sufficient funds to settle it. In addition to this, the group has prepared detailed cash flow forecasts, taking into consideration all available information, showing that it has and it is expected to generate sufficient funds to meet its liabilities as they fall due. At the time of approving the financial statements, having taken into consideration the current and forecasted performance and position of the group, in combination with the available additional funding should this be considered necessary, the directors have a reasonable expectation that the company and group have adequate resources to continue in operational existence for the foreseeable future. Therefore, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. DRS CARE HOLDINGS LIMITED · parent
   1. DRS Housing Ltd 100% · England and Wales · Care Homes
   2. DRS Domiciliary Agency Ltd 100% · England and Wales · Property
   3. DRS Care Homes Limited 100% · England and Wales · Care Homes
   4. DRS Care Home Properties Limited 100% · England and Wales · Property

Significant events

• “completion of the development of a new 15 bed facility the group now provides accommodation in the form of 24 residential care beds situated in one of three care homes and 89 supporting living beds.”
• “The shortage of staffing across the sector has an impact and as a result we are utilising the government scheme to sponsor staff from abroad to help fill open vacancies.”
• “There are cost pressures with regard to inflation. We are trying to mitigate these risks by using energy efficiently and sourcing food at better prices.”
• “The dormant indirect subsidiary, Fusion Flavour Ltd, was dissolved on 16 April 2024.”

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

Filings

2

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.