Thornbury Nursing Services
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Thornbury Nursing Services - overview
Established
1983
Location
London, -, UK
Primary Industry
Outsourcing
About
Thornbury Nursing Services provides flexible staffing solutions for healthcare facilities in England and Wales, specializing in urgent placements of qualified nurses and healthcare assistants to address critical staffing needs. Founded in 1983 in London, UK, Thornbury Nursing Services focuses on delivering staffing solutions for healthcare settings. The company provides last-minute shift placements for healthcare professionals. Information on changes in business strategy or operations is not available.
The company is not noted as a subsidiary of another organization, nor does it have any known subsidiaries. Duke Street exited its stake in Thornbury Nursing Services, but financial terms were not disclosed. Thornbury Nursing Services specializes in providing flexible staffing solutions for healthcare settings across England and Wales. Their core offerings include qualified nurses, midwives, and healthcare assistants to a diverse client base that encompasses hospitals, care homes, and community healthcare organizations.
The agency's model permits healthcare professionals to accept shifts with minimal notice, addressing critical staffing shortages faced by clients. This flexibility is designed to accommodate a wide range of specialisms, allowing staff to engage in familiar roles or diversify their experience across various healthcare environments. Thornbury Nursing Services generates revenue through a transaction model based on staffing needs. Clients pay for staffing services rendered on a per-shift basis, ensuring transparent pricing for the provision of nurses and HCAs.
Revenue is also supported by reimbursements of mileage costs and registration fees for healthcare staff, facilitating a straightforward transaction process aligned with service delivery. Thornbury Nursing Services is focused on expanding its service offerings and enhancing its staffing capabilities. The company's strategy includes the design of new products tailored to emerging healthcare needs. Additionally, there are plans to expand into new geographic regions, with specific targets to be identified in future strategies.
The recent funding will be utilized to support these initiatives and foster growth in response to the evolving demands of healthcare providers.
Primary Industry
Outsourcing
Sub Industries
Recruitment/Executive Search, Healthcare
Website
www.thornbury-nursing.com
Total Amount Raised
Subscriber access only
Thornbury Nursing Services - timeline of key events
Thornbury Nursing Services - financials
| Fiscal Year Ended | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 125,999,000 | 147,131,000 | 153,707,000 | 180,653,000 | 272,871,000 | - | - | - |
| % Revenue Growth (YoY) | - | 16.8% | 4.5% | 17.5% | 51.0% | - | - | - |
| EBITDA (USD) | 35,956,000 | 41,340,000 | 43,941,000 | 34,690,000 | 58,201,000 | - | - | - |
| Operating Income (USD) | 35,704,000 | 40,818,000 | 43,429,000 | 34,177,000 | 57,685,000 | - | - | - |
| Operating Margin | 28.3% | 27.7% | 28.3% | 18.9% | 21.1% | - | - | - |
| % EBITDA Margin | 28.5% | 28.1% | 28.6% | 19.2% | 21.3% | - | - | - |
| NET Income (USD) | 34,373,000 | 38,876,000 | 43,224,000 | 34,929,000 | 54,633,000 | - | - | - |
| % Net Margin | 27.3% | 26.4% | 28.1% | 19.3% | 20.0% | - | - | - |
Thornbury Nursing Services - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Thornbury Nursing Services | - | ||||||||
| Unspecified Exit | Completed | Thornbury Nursing Services | - |
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Thornbury Nursing Services - employee data
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