CARE AFLOAT LTD.
Company number 02578368 · Monitor this company
Executive summary
Care Afloat Ltd is a long-established, debt-free care provider with a strong balance sheet (£1.05m net assets), healthy liquidity (2.56x current ratio), and evident retained profitability, supporting a credit decision at a moderate level. The recommendation is CONDITIONAL rather than clean approval due to a sharp deterioration in working capital quality (debtors up 183%, cash down 49% year-on-year), a 23% headcount reduction, and a recent governance transition in which the 75%+ shareholder has resigned from the board. Approval should be conditioned on management accounts, a debtor ageing review, confirmation of the new control structure, and standard security including a personal guarantee from the controlling shareholder.
Shareholders' funds
£1,050,860
Balance sheet as at 2026-03-31
What it does
87900
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1991-01-30
- Employees
- 105 (2026 accounts · was 137 in 2025)
- Registered office
- 158-160 Birkrig, Digmoor Parade, Skelmersdale, Lancashire, WN8 9HP
- Postcode
- WN8 9HP
- Capital
- 10,870 GBP
- Accounts category
- Total Exemption Full
- Charges
- 6 outstanding
Accounts
- Last made up to
- 2026-03-31
- Next due by
- 2027-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2026-01-30
- Next due by
- 2027-02-13
Nature of business (SIC)
- 87900 Other residential care activities not elsewhere classified
Officers 4 current · 9 resigned
Contact details
- Website
- careafloat.co.uk
- Phone
- 01695 733050, 029 104.971
Homepage for Care Afloat
Previous registered addresses 3
| Address | Changed on |
|---|---|
| 14 WESTGATE, SKELMERSDALE, LANCASHIRE, WN8 8AZ | 2010-11-02 |
| DRESSER HOUSE, GILLIBRANDS ROAD, EAST GILLIBRAND SKELMERSDALE, LANCASHIRE WN8 9TU | 2007-09-27 |
| 6 BARWAY ROAD, CHORLTON, MANCHESTER, M21 1JZ | 1994-02-07 |
Among its peers
Top 10%
by shareholders' funds, of 18 similar companies in WN
The largest employer among its local peers (105 staff).
2nd oldest of its local peers, trading since 1991.
Competitors Wigan
This company ranks 1 among other residential care activities not elsewhere classified in Wigan.
The class of 1991
49%
of the 20,887 companies incorporated in 1991 are still active today; 46% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 1 title
- Freehold
- 1
- Most recent registration
- 2021-11-02
- Price paid, where recorded
- £100,000
- Where
- Merseyside
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| MS506115 | Merseyside | Freehold | 2021-11-02 | £100,000 |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.