CARAM LIMITED

• ⚠

  Material uncertainty over going concern

  The financial statements have been prepared on a going concern basis. The Directors have a reasonable expection that the company will continue in operational existence for the foreseeable future. As described in the post balance sheet events note, lending covenants have been breached in a subsidiary company post year end for which group cross-guarantees have been provided. However the group, with the pledged support of the directors and shareholders, have sufficient financial means to allow the business to continue to trade even if the loan is called.

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  +9%

  £4,834,258 → £5,266,953

• Cash

  -90.5%

  £795,169 → £75,637

• Net assets

  +5.4%

  £4,853,469 → £5,114,866

• Employees

  +0.8%

  123 → 124

• Operating profit

  -46.1%

  £882,159 → £475,280

• Profit before tax

  -65.4%

  £1,071,760 → £370,992

• Wages

  +14.6%

  £2,820,437 → £3,231,494

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.

1. CARAM LIMITED 2019-12-18 → present
2. ARBOUR LODGE LIMITED 2019-11-27 → 2019-12-18

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Ballards LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The financial statements have been prepared on a going concern basis. The Directors have a reasonable expection that the company will continue in operational existence for the foreseeable future. As described in the post balance sheet events note, lending covenants have been breached in a subsidiary company post year end for which group cross-guarantees have been provided. However the group, with the pledged support of the directors and shareholders, have sufficient financial means to allow the business to continue to trade even if the loan is called.”

Group structure

1. CARAM LIMITED · parent
   1. Caram (AH) Limited 100% · England and Wales
   2. Brecon Care Limited 0% · England and Wales

Significant events

• “The company's subsidiary, Caram (AH) Limited, has breached lending covenants following the year end due to a low occupancy. The group has the necessary financial resources to be able to repay the loan should it be called and hence this is not considered a significant risk to the group and does not result in a change to the company's going concern status.”

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

Filings

8

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.