The business has developed strong working relationships with
local authorities and commissioners and benefits from ongoing
demand within the supported accommodation sector, particularly for care leavers, UASC and higher-support solo
placements.
The company is also in discussions with local authority adult services for three other spot contracts on a 24/7 basis.
The company has framework agreements in place with two local authorities, and several spot purchase agreements in place for both children and adults supported accommodation.
The properties are leasehold, however, buy option lease agreements for some of the properties are in place.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2024 (Actual) | 110 | 65 |
| 2025 (Actual) | 661 | 274 |
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