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Aspirations Care

Description

Aspirations Care is a specialist provider of supported living services for adults with learning disabilities and complex needs, based in Gloucester, UK. Founded in 2011, the company has grown to become a player in the supported living sector, with over 950 staff supporting 650 adults across England.Aspirations Care generates revenue by delivering contracted, personalized support to adults with learning disabilities and complex needs, on bhehald of Local Authorities who pay for these services. The company's services are delivered through supported living arrangements, where individuals are cared for in their own homes rather than in institutional settings. This approach allows for a more personalized and cost-effective delivery of care, aligning with the trend of moving individuals out of residential or institutional care facilities.In June 2019, Elysian Capital II LP, in conjunction with management, acquired Aspirations Care from August Equity. This acquisition represented the sixth platform investment in the Elysian Capital II LP Fund, which closed in July 2015 at £250 million.Under Elysian Capital's ownership, Aspirations Care has continued to expand its services, working with commissioners to meet the growing demand for supported living at the mid to high acuity end within a number of local authorities. The company's commitment to providing high-quality, person-centered care has been a key driver of its success.Aspirations Care's focus on supporting individuals with complex needs has positioned it well to capitalize on the growing demand for specialist care services. With the support of Elysian Capital, the company aims to further develop its care offering and extend its specialist services to new geographical areas.As a provider of supported living services, Aspirations Care plays a vital role in enabling adults with learning disabilities and complex needs to live independently and achieve their potential. The company's partnership with Elysian Capital is expected to support its continued growth and enhance its ability to deliver positive outcomes for the individuals it supports.

📈 Operating Performance

£m
2023
2022
Margin (%)
YoY Change (%)
UK Turnover (%)
REVENUE
24.5
-
23.7
-
-
%
0
-
%
1
-
%
COGS
19.5
-
18.1
-
0.795
-
%
0.08
-
%
-
GP
5.1
-
5.9
-
0.208
-
%
0.08
-
%
-
OPEX
4.7
-
4.4
-
0.19
-
%
0.07
-
%
-
EBIT
0.5
-
1.5
-
0.019
-
%
-0.67
-
%
-
ADJ EBIT
-0.6
-
1.3
-
-
%
-1.46
-
%
-
NET INCOME
-0.5
-
1.1
-
-
%
-1.45
-
%
-

📰 Latest News

Title
Date
Article Type
Link

📰 Latest News

Title
Date
Article Type

🎯 Segmentation

Industry
Healthcare
Sub-industry
Adult & Social Care
Region
UK
Revenues (£M)
24.5
Employees
1001.1
PE Fund
Elysian Capital
Website URL
Click Here ↗
Linkedin Page
Click Here ↗

🏦 Asset Base

CAPEX (£M)
-
PPE (£M)
0.7
Depreciation (£M)
0.2

👥 Organisation

Employees (£M)
19.8
Employees (#)
1001.1
Employees % Rev
80.8
%

💼 Company Stakeholders

🪙 PE Fund Representatives

✏️ My Personal Notes COMING SOON