PRESTIGE NURSING (SCOTLAND) 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

  +20.7%

  £6,398,911 → £7,721,116

• Cash

  -59%

  £1,662,474 → £682,211

  lowest in 3 filed years

• Net assets

  +19.4%

  £1,336,474 → £1,596,372

• Employees

  +10.4%

  288 → 318

• Operating profit

  -40.1%

  £487,234 → £291,919

• Profit before tax

  -42.4%

  £494,816 → £285,198

  lowest in 3 filed years

• Wages

  +19.1%

  £5,047,902 → £6,012,219

  highest in 3 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.

1. PRESTIGE NURSING (SCOTLAND) LIMITED 2021-03-17 → present
2. ELITE CARE (SCOTLAND) LIMITED 2006-08-29 → 2021-03-17
3. INVALID SERVICES LIMITED 1993-12-17 → 2006-08-29
4. POG 77 LIMITED 1993-04-08 → 1993-12-17

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors continue to adopt the going concern basis in the preparation of the financial statements. ... Based on these analyses and facts, the directors believe that the company will be able to continue to meet its liabilities as they fall due for at least the next 12 months and therefore have prepared the financial statements on a going concern basis.”

Significant events

• “On 31 October 2023, the shareholders of the immediate parent company, Prestige Nursing Limited agreed to sell 100% of their shares to Elevate Care International Limited, a newly created entity under the ownership of The Halifax Group a mid-tier US private equity business.”
• “During the year, the directors have agreed to develop the operational model for the Prestige group of companies to one of a more predominant franchised estate, as well as look to consolidate the business through the main operating entity, Prestige Nursing Limited. The intention during the coming financial year, is to convert the existing branch network that resides within Prestige Nursing (Scotland) Limited into a franchised estate, moving it to sit within Prestige Nursing Limited and therefore reduce the trading activity within Prestige Nursing (Scotland) Limited, and ultimately to move it to a dormant status.”

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

Filings

1

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.