INSIGHTS - OCTOBER 2024

UK Residential Care Industry

UK Residential Care Industry Information

The residential care industry provides live-in care along with nursing, supervisory or social care services. It also includes childrens homes, temporary homeless shelters and juvenile correction facilities.

Active Businesses

28,483

Annual Sales

£37bn +

Employees

818,620

Economic Contribution 

£23bn

Tags

Location of Residential Care Companies

Residential Care Companies by Size

62% Micro

32% Small

5% Mid

1% Large

0% Mega

Residential Care Companies by Age

39% Startup

30% Young

16% Established

11% Mature

5% New

Fastest Growing Residential Care Companies

28% Declining

26% Healthy

23% Rapid

14% High

9% Low

Residential Care Industry Competitive Environment - New Entrants vs Leavers

Residential Care Industry Valuation

EBITDA Multiple

Data only available to Pomanda Pro subscribers.

Residential Care Industry Valuation

Turnover Multiple

Data only available to Pomanda Pro subscribers.

Residential Care Industry Valuation

Net Asset Multiple

Data only available to Pomanda Pro subscribers.

Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Residential care activities Industry Insights

There are 28,483 active Businesses in the UK with combined annual sales of £37 billion .

The Industry employs around 818,619 people and contributes £23 billion to the economy.

The most popular location for Residential Care companies is London with 6,654 and the fewest are located in Northern Ireland with 299.

The largest Residential Care company is Care Uk Community Partnerships Ltd with a turnover of £454.6m. 62% of the industry is comprised of Micro companies with only 5% Mid companies.

11% of the Residential Care Industry is made up of 11% Mature but the majority are Startup businesses (39%) the oldest company is Shaftesbury Society (The) founded in 1893.

Residential Care industry has a number of high growth companies (14%), the fastest growing company is Redwood Tower Uk Opco 2 Limited with a 3 year growth rate of 142%. Other fast growing companies include Windrush Alliance Uk Community Interest Company (139%), Sanders Senior Living Limited (109%) and Ideal Carehomes Limited (82%).

The UK Residential Care Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 12.79x, Turnover multiple of 1.81x and a Net Asset multiple of 3.45x.