PROVIDE COMMUNITY INTEREST COMPANY
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Cash
£7M
-72.2% vs 2024
Net assets
£10M
+1.8% vs 2024
Employees
1,262
-0.2% vs 2024
Profit before tax
£476K
-57% vs 2024
Net assets
2-year trend · vs Health Care median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £107,330,431 | £114,497,790 | +6.7% | |
| Operating profit | £2,439,109 | £225,388 | -90.8% | |
| Profit before tax | £1,106,960 | £476,354 | -57% | |
| Net profit | £111,583 | £181,066 | +62.3% | |
| Cash | £25,293,532 | £7,024,944 | -72.2% | |
| Total assets less current liabilities | £10,806,746 | £11,108,102 | +2.8% | |
| Net assets | £9,999,772 | £10,181,413 | +1.8% | |
| Equity | £9,999,772 | £10,181,413 | +1.8% | |
| Average employees | 1,264 | 1,262 | -0.2% | |
| Wages | £45,333,149 | £52,165,857 | +15.1% | |
| Directors' remuneration | £1,796,481 | £2,297,382 | +27.9% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 2.3% | 0.2% | |
| Net margin | 0.1% | 0.2% | |
| Return on capital employed | 22.6% | 2.0% | |
| Current ratio | 1.00x | 0.97x | |
| Interest cover | — | 8.05x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- PROVIDE COMMUNITY INTEREST COMPANY 2014-03-18 → present
- CENTRAL ESSEX COMMUNITY SERVICES C.I.C. 2010-07-20 → 2014-03-18
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors are confident that the Company (and all companies within the Group) should be regarded as a going concern as required by Company law in the preparation of the financial statements.”
Group structure
- PROVIDE COMMUNITY INTEREST COMPANY · parent
- Provide Enterprises Limited 100%
- Provide Digital Limited 100%
- Provide Property Limited 100%
- Provide Care Solutions Limited 100%
- React Homecare Limited 100%
- Braintree Healthcare Limited 100%
- The Provide Group Limited 100%
- Mind Professionals Limited 100%
Significant events
- “We completed the acquisition of the entire share capital of Mind Professionals Ltd on 16th April 2024.”
- “We finalised a partnership with Croydon Council in October 2024 for its equipment service, creating a new mutual (Provide Equipment Hub) which adds a further £20m of income to our Group portfolio.”
- “We took the decision during the 2024/25 financial year to 'hive up' the React Homecare Ltd (React) business into Provide Care Solutions Limited (PCS)”
- “On 1 May 2025, Provide Digital Limited, a wholly owned subsidiary, ceased to operate and all trade and assets were hived up to another group subsidiary, Provide Enterprises Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
11 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| RICHARDS, Philip Brian | Secretary | 2013-07-01 | — | British |
| CARMICHAEL-SITCH, Tania Lee | Director | 2022-01-18 | Jun 1965 | British |
| FRIEND, Mark | Director | 2023-01-03 | Oct 1965 | British |
| GREEN, Julie Dawn | Director | 2023-01-03 | Jan 1969 | British |
| HEASMAN, Derek Mark | Director | 2014-09-01 | Feb 1964 | British |
| MORRISON, Siobhan Kathleen Alice | Director | 2021-08-10 | Nov 1968 | British |
| PARKINSON, Robert Henry | Director | 2023-01-03 | Feb 1956 | British |
| RICHARDS, Philip Brian | Director | 2010-07-20 | Aug 1962 | British |
| TAYLOR, Sultan Ashmall | Director | 2020-09-23 | Nov 1959 | British |
| WALDON, Victoria Frances Ann | Director | 2010-07-20 | Nov 1966 | British |
| WIGHTMAN, Lucy Rebeccah | Director | 2024-04-02 | Mar 1978 | British |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PEARSON, Anne Elizabeth | Secretary | 2010-07-20 | 2013-07-01 |
| COOPER-CLARK, Rosemary Elizabeth | Director | 2011-02-01 | 2014-07-31 |
| CORSER, Jane Margaret | Director | 2012-10-08 | 2017-12-11 |
| CRAIG, Virginia, Dr | Director | 2015-11-18 | 2022-01-17 |
| DAWE, Stephanie | Director | 2017-12-11 | 2024-04-02 |
| LILLEY, Rachel Anne | Director | 2020-09-23 | 2022-06-29 |
| LOUIS, Derrick Jonathan | Director | 2011-02-01 | 2023-01-31 |
| NILAND, John Joseph | Director | 2010-07-20 | 2020-09-23 |
| PAYNE, Richard James | Director | 2011-02-01 | 2014-07-31 |
| ROYCE, David | Director | 2014-09-01 | 2015-07-09 |
| SPOWAGE, Paul Martin, Dr | Director | 2010-07-20 | 2013-07-01 |
| WARNER, John Philip | Director | 2010-11-01 | 2011-06-08 |
| WHITE, Rachael | Director | 2011-02-01 | 2023-01-31 |
| WILLIS, John Michael | Director | 2011-07-14 | 2015-07-31 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 106 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-11-06 MA Memorandum articles
- 2025-11-06 RESOLUTIONS Resolution
- 2024-11-30 MA Memorandum articles
- 2024-11-30 RESOLUTIONS Resolution
- 2024-01-19 RESOLUTIONS Resolution
- 2024-01-19 MA Memorandum articles
- 2024-01-19 MA Memorandum articles
- 2024-01-19 CC04 Statement of companys objects
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-18 | AA | accounts | Accounts with accounts type group | |
| 2025-11-06 | MA | incorporation | Memorandum articles | |
| 2025-11-06 | RESOLUTIONS | resolution | Resolution | |
| 2025-10-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-09 | AA | accounts | Accounts with accounts type group | |
| 2024-11-30 | MA | incorporation | Memorandum articles | |
| 2024-11-30 | RESOLUTIONS | resolution | Resolution | |
| 2024-11-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-04-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-19 | RESOLUTIONS | resolution | Resolution | |
| 2024-01-19 | MA | incorporation | Memorandum articles | |
| 2024-01-19 | MA | incorporation | Memorandum articles | |
| 2024-01-19 | CC04 | change-of-constitution | Statement of companys objects | |
| 2024-01-10 | AA | accounts | Accounts with accounts type group | |
| 2023-10-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-01-31 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-31 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-06 | AA | accounts | Accounts with accounts type group | |
| 2023-01-03 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.