How much does Morris Care Limited make?

Morris Care Limited reported revenue of £33.4m and £960k profit in the year to 21 Jun 2023, according to its accounts filed at Companies House.

How many employees does Morris Care Limited have?

Morris Care Limited reported an average of 639 employees in the year to 21 Jun 2023.

Is Morris Care Limited profitable?

Yes — Morris Care Limited reported a profit of £960k in the year to 21 Jun 2023.

Company No. 01898554 · Incorporated 22 Mar 1985

Morris Care Limited

Registered name: MORRIS CARE LIMITED

Part of Cr United (Jersey) Limited group

Morris Care Limited made £33.4m revenue and £960k profit in the year to 21 Jun 2023.

Morris Care Limited’s revenue was £33.4m in the year to 21 Jun 2023, with £960k profit and 639 employees. The company is classified under “other letting and operating of own or leased real estate” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68209Other letting and operating of own or leased real estate

Status: Liquidation
Location: London, London
Age: 41 yrs · since 1985
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 21 Jun 2023

Key figures

Revenue

£33.4m

Growth —

Profit

£960k

Growth —

Profit margin

2.9%

Gross 41.1%

Employees

639

Change —

Profit / employee

£1.5k

Revenue/employee £52.3k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	21 Jun 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£22.8m	£33.4m
Cost of sales	£14.3m	£19.7m
Gross profit	£8.5m	£13.7m
Operating profit	£3.7m	£4.9m
Profit before tax	£2.2m	£58k
Profit after tax	£1.3m	£960k
Profit (best available)	£1.3m	£960k
Staff costs	£12.5m	£16.2m
Employees (average)	529	639
Ratios
Profit margin	5.6%	2.9%
Gross margin	37.3%	41.1%
Revenue per employee	£43k	£52.3k
Profit per employee	£2.4k	£1.5k
Balance sheet — indirect signals, not revenue
Cash at bank	£1.8m	£0
Net assets	£20.5m	£26.3m
Fixed assets	£51.1m	£57.2m
Current assets	£3.5m	£0
Debtors	£1.6m	£0
Deferred income	£1.8m	£15k
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024

Derived from the latest filing

How the business works

Profit margin: 2.9%; Profit ÷ revenue.
Gross margin: 41.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £52.3k; Revenue ÷ average employees.
Profit per employee: £1.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 171.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now £26.3m
Cash at bank: —; Now £0
Headcount: —; Now 639
Deferred income: —; Now £15k
Fixed assets: —; Now £57.2m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Cr United (Jersey) Limited (registered outside the UK register)ultimate parent75–100%
CR United Bidco Ltd75–100%
Caretrust UK Limited75–100%
Impact Property 6 Limited75–100%
Welford Bidco 5 Midco Limited75–100%
Morris Care Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 21 Jun 2023 (profit £960k), from the Companies House accounts bulk data published Mar 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.