Analysis points to overtrading


Posted on December 1st, by editor in Caring Times. No Comments

Each year Plimsoll Publishing publishes the latest financial details of around 1000 care home companies. From the information provided it is possible to draw some conclusions. Sales growth for the sector looks positive. Out of the 338 companies analysed, 7 per cent have increased turnover by more than 60 per cent, with just 5 per cent recording a fall of more than 40 per cent. The median annual growth for all 338 companies is 8 per cent. Pre-tax profit margin is regarded as an important index of a sector¹s health. For the 338 companies considered, 8 per cent showed annual margin growth of more than 25 per cent, while just 5 per cent showed falls of more than 25 per cent. The average for all companies showed a healthy annual rise of 8 per cent. In alphabetical order, the top companies making the largest profits include Amicus Healthcare, Anchor Trust, ANS plc, Aspen Capital Group, BUPA, BUPA Care Homes (CFG), BUPA Finance, Four Seasons Health Care, NHP and Four Seasons Health Care. A senior analyst at Plimsol





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