{"name":"CARE AFLOAT LTD.","company_number":"02578368","status":"Active","type":"Private Limited Company","incorporated":"1991-01-30","dissolved":null,"registered_office":"158-160 Birkrig, Digmoor Parade, Skelmersdale, Lancashire, WN8 9HP","postcode":"WN8 9HP","sic_codes":[{"code":87900,"description":"Other residential care activities not elsewhere classified"}],"principal_activity":"87900","previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 March","last_made_up_to":"2026-03-31","next_due":"2027-12-31"},"employees":{"count":105,"accounts_date":"2026-03-31"},"financials":[{"financial_date":"2026-03-31","net_assets":1050860,"cash":364774,"average_employees":105},{"financial_date":"2025-03-31","net_assets":904340,"cash":718881,"average_employees":137},{"financial_date":"2024-03-31","net_assets":1023443,"cash":874567,"average_employees":127},{"financial_date":"2023-03-31","net_assets":720143,"cash":456310},{"financial_date":"2022-03-31","net_assets":602330,"cash":212934}],"officers":{"current":4,"resigned":9,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":7,"outstanding":6},"gazette_notices":[],"insolvency_outcome":null,"ai_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.","website":"https://careafloat.co.uk/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/care-afloat","people":"https://www.companiesintheuk.co.uk/company/care-afloat/people","filing_history":"https://www.companiesintheuk.co.uk/company/care-afloat/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/02578368","financials":"https://www.companiesintheuk.co.uk/company/care-afloat/financial","control":"https://www.companiesintheuk.co.uk/company/care-afloat/control","charges":"https://www.companiesintheuk.co.uk/company/care-afloat/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/care-afloat/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/care-afloat"}