40= AVNISH GOYAL & FAMILY
Care Homes, £55m
After training as an accountant with PriceWaterhouseCoopers, Avnish Goyal decided not to enter the profession. He went into property instead working with his parents’ property portfolio, but his parents-in-law, both doctors, had built a care home and he saw that this could be a profitable business. In 1997 he launched Billericay-based Hallmark Healthcare with its first 44-bed home, costing £850,000. Today it operates 17 care homes and has been rebalancing its portfolio to concentrate on South Wales and the south and eastern part of England. In 2013-14 Hallmark made a £6.7m profit on £46.15m sales and showed £28.6m net assets. The £65m operation is nearly 82% owned by the Goyal family. Other assets take the Goyal family to £55m.