How much does The Martlets Hospice Limited make?

The Martlets Hospice Limited reported revenue of £8.9m and a loss of £3m in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does The Martlets Hospice Limited have?

The Martlets Hospice Limited reported an average of 279 employees in the year to 31 Mar 2023.

Is The Martlets Hospice Limited profitable?

No — The Martlets Hospice Limited reported a loss of £3m in the year to 31 Mar 2023.

Company No. 02326410 · Incorporated 8 Dec 1988

The Martlets Hospice Limited

Registered name: THE MARTLETS HOSPICE LIMITED

Part of Southern Hospice Group group

The Martlets Hospice Limited made £8.9m revenue and a £3m loss in the year to 31 Mar 2023.

The Martlets Hospice Limited’s revenue fell 14% to £8.9m in the year to 31 Mar 2023, with a loss of £3m and 279 employees. The company is classified under “other human health activities” and is based in Hove; we hold 2 years of its filed accounts.

Full P&L filedSIC 86900Other human health activities

Status: Active
Location: Hove
Age: 37 yrs · since 1988
Type: PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)

Latest accounts · year to 31 Mar 2023

Key figures

Revenue

£8.9m

Growth ▼13.8%

Profit

−£3m

Growth ▼1025%

Profit margin

−33.7%

Employees

279

Change ▼2.8%

Profit / employee

−£10.7k

Revenue/employee £31.7k

Profitable streak

0yrs

Consecutive profitable years in our data

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£10.3m	£8.9m
Operating profit	−£150k	−£2.7m
Profit before tax	−£150k	−£2.7m
Profit after tax	£323k	−£3m
Profit (best available)	£323k	−£3m
Employees (average)	287	279
Ratios
Profit margin	3.1%	−33.7%
Revenue per employee	£35.8k	£31.7k
Profit per employee	£1.1k	−£10.7k
Growth (year on year)
Revenue growth	—	▼13.8%
Profit growth	—	▼1025%
Headcount growth	—	▼2.8%
Balance sheet — indirect signals, not revenue
Net assets	—	—
Source	Accounts · bulk data Apr 2024	Accounts · bulk data Apr 2024

Derived from the latest filing

How the business works

Profit margin: −33.7%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £31.7k; Revenue ÷ average employees.
Profit per employee: −£10.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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 —
Cash at bank: —; Now —
Headcount: ▼3%; Now 279
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Southern Hospice Groupultimate parent75–100%
The Martlets Hospice Limitedthis company

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

Subsidiaries (2)

The Martlets Trading Co LtdRev. £829k · Profit £0
Southern Hospice Group Home Care LtdRev. — · Profit £11.1k

Sister companies (1)

Southern Hospice Trading LimitedFigures not disclosed

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

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2023 (profit −£3m), from the Companies House accounts bulk data published Apr 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.