CareTech

OverviewSuggest Edit

CareTech is a provider of social care services to adults, young people and children. The company supports individuals with a wide range of issues including learning disabilities, autistic spectrum disorder, sensory impairment and mental health problems, and unusual genetic disorders. It offers transition services, supported living, community support, residential support, nursing and intensive care, fostering based family assessment, transition programs, visual therapy, supported accommodation, special needs education, and other solutions.

TypePublic
Founded1993
HQPotters Bar, GBMap
Websitecaretech-uk.com
Employee Ratings2.4More

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Latest Updates

Employees (est.) (Sept 2019)9,929(+83%)
Revenue (FY, 2018)£185.7 M(+12%)
Share Price (Jun 2021)£5.9
Cybersecurity ratingCMore

Key People/Management at CareTech

Farouq Sheikh

Farouq Sheikh

Executive Chairman
Haroon Sheikh

Haroon Sheikh

Chief Executive Officer
Christopher Dickinson

Christopher Dickinson

Group Chief Financial Officer
Karl Monaghan

Karl Monaghan

Non-Executive Director
Jamie Cummings

Jamie Cummings

Non-Executive Director
Moira Livingston

Moira Livingston

Non-Executive Director
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CareTech Office Locations

CareTech has offices in Potters Bar, Corwen, Willesborough and Wolverhampton
Potters Bar, GB (HQ)
Metropolitan House, 3 Darkes Ln
Corwen, GB
Llys Edeyrnion Business Units
Willesborough, GB
2 Willow House, 32 Kennington Rd
Wolverhampton, GB
St George’s House, Suite 1B, Lever Street
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CareTech Financials and Metrics

CareTech Revenue

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CareTech's revenue was reported to be £185.69 m in FY, 2018 which is a 11.8% increase from the previous period.
GBP

Revenue (FY, 2018)

185.7m

Revenue growth (FY, 2017 - FY, 2018), %

11.8%

Gross profit (FY, 2018)

65.3m

Gross profit margin (FY, 2018), %

35.2%

Net income (FY, 2018)

11.2m

EBITDA (FY, 2018)

33.5m

EBIT (FY, 2018)

20.2m

Market capitalization (11-Jun-2021)

668.5m

Closing stock price (11-Jun-2021)

5.9

Cash (30-Sept-2018)

9.4m

EV

810.8m
CareTech's current market capitalization is £668.5 m.
GBPFY, 2016FY, 2017FY, 2018

Revenue

149.0m166.0m185.7m

Revenue growth, %

20%11%12%

Cost of goods sold

94.7m106.1m120.4m

Gross profit

54.3m59.9m65.3m
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GBPFY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

2.0m1.6m1.3m1.8m1.5m1.1m2.1m4.3m10.0m13.4m6.6m3.8m3.9m3.7m4.3m6.4m9.4m

Accounts Receivable

615.0k574.0k885.0k1.3m1.6m7.2m9.8m7.2m6.9m5.7m7.2m6.5m5.7m7.2m10.1m14.7m21.4m

Inventories

22.0k22.0k22.0k22.0k152.0k315.0k615.0k515.0k515.0k515.0k815.0k835.0k898.0k

Current Assets

3.7m3.0m3.1m4.5m4.2m9.5m13.6m15.2m21.4m23.8m17.2m12.4m13.2m17.2m23.6m30.8m42.1m
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GBPFY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(738.0k)104.0k5.0m1.8m2.6m5.1m5.3m4.8m6.5m5.8m6.2m24.4m12.4m8.0m22.9m17.8m11.2m

Cash From Operating Activities

47.0k2.0m2.1m4.5m8.9m13.7m17.6m17.7m17.0m18.7m19.7m25.8m27.0m31.0m22.1m30.9m

Dividends Paid

700.0k362.0k1.1m1.9m2.3m2.8m3.1m3.3m4.2m4.2m5.2m5.9m

Cash From Financing Activities

11.0m(23.8m)6.4m29.8m34.7m36.6m1.6m29.1m5.8m(13.8m)21.5m(15.4m)(10.6m)(14.6m)17.5m(11.1m)
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GBPFY, 2002

Financial Leverage

-46.9 x
Show all financial metrics

CareTech Acquisitions / Subsidiaries

Company NameDateDeal Size
Cambian GroupAugust 16, 2018£372 m

CareTech Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

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CareTech Online and Social Media Presence

CareTech's Trends

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CareTech News and Updates

June 09, 2021

Caretech startup secures $6.2m to “revolutionise” home care

A London-based caretech startup has secured multi-million dollar funding to continue its expansion. Lifted has raised $6.2m in a Series A funding round led by Fuel Ventures. The round also saw participation from existing investor 1818 Venture Capital alongside new investors Novit Ventures, Perivoli …
August 14, 2018

Form 8.3 - [CareTech Holdings plc]

FORM 8.3
July 09, 2018

CareTech eyes up £600m social care tie-up with Cambian

Social care services company CareTech has its eyes on a £600m tie-up with rival firm Cambian which could form a sizeable specialist healthcare company.  CareTech, which is listed on London junior market Aim, approached Cambian with a 210p per share offer a few weeks ago.  If the bid is complet…

CareTech Blogs

June 18, 2020

Interim Results 2020

 CareTech Frequently Asked Questions

  • When was CareTech founded?

    CareTech was founded in 1993.

  • Who are CareTech key executives?

    CareTech's key executives are Farouq Sheikh, Haroon Sheikh and Christopher Dickinson.

  • How many employees does CareTech have?

    CareTech has 9,929 employees.

  • What is CareTech revenue?

    Latest CareTech annual revenue is £185.7 m.

  • What is CareTech revenue per employee?

    Latest CareTech revenue per employee is £18.7 k.

  • Who are CareTech competitors?

    Competitors of CareTech include Elysium Healthcare, Cygnet Health Care and Helping Hands.

  • Where is CareTech headquarters?

    CareTech headquarters is located at Metropolitan House, 3 Darkes Ln, Potters Bar.

  • Where are CareTech offices?

    CareTech has offices in Potters Bar, Corwen, Willesborough and Wolverhampton.

  • How many offices does CareTech have?

    CareTech has 4 offices.