How much does Millennium Care Homes Limited make?

Millennium Care Homes Limited reported revenue of £3.1m and £10.9m profit in the year to 30 Jun 2025, according to its accounts filed at Companies House.

How many employees does Millennium Care Homes Limited have?

Millennium Care Homes Limited reported an average of 65 employees in the year to 30 Jun 2025.

Is Millennium Care Homes Limited profitable?

Yes — Millennium Care Homes Limited reported a profit of £10.9m in the year to 30 Jun 2025.

Company No. 03071484 · Incorporated 22 Jun 1995

Millennium Care Homes Limited

Registered name: MILLENNIUM CARE HOMES LIMITED

Part of Mayfair Care Group Limited group

Millennium Care Homes Limited made £3.1m revenue and £10.9m profit in the year to 30 Jun 2025.

Millennium Care Homes Limited’s revenue grew 5% to £3.1m in the year to 30 Jun 2025, with £10.9m profit and 65 employees. The company is classified under “other business support service activities” and is based in Watford; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.SIC 86102Medical nursing home activities SIC 87100Residential nursing care facilities

Status: Active
Location: Watford, East of England
Age: 31 yrs · since 1995
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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 30 Jun 2025

Key figures

Operating leverageDoing more with less

Revenue

£3.1m

Growth ▲5.2%

Profit

£10.9m

Growth ▲1476%

Profit margin

353.9%

Gross 34%

Employees

Change ▼3%

Profit / employee

£168k

Revenue/employee £47.5k

Profitable streak

4yrs

Consecutive profitable years in our data

Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Jun 2022	30 Jun 2023	30 Jun 2024	30 Jun 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£2.2m	£2.5m	£2.9m	£3.1m
Cost of sales	£1.7m	£1.8m	£1.9m	£2m
Gross profit	£508k	£701k	£1m	£1m
Operating profit	£254k	£395k	£706k	£575k
Profit before tax	£259k	£442k	£941k	£11.1m
Profit after tax	£200k	£343k	£694k	£10.9m
Profit (best available)	£200k	£343k	£694k	£10.9m
Staff costs	£1.4m	£1.5m	£1.7m	£1.8m
Employees (average)	67	71	67	65
Ratios
Profit margin	8.9%	13.8%	23.6%	353.9%
Gross margin	22.6%	28.1%	35.6%	34%
Revenue per employee	£33.5k	£35.1k	£43.8k	£47.5k
Profit per employee	£3k	£4.8k	£10.4k	£168k
Growth (year on year)
Revenue growth	—	▲11.2%	▲17.6%	▲5.2%
Profit growth	—	▲71.2%	▲102.3%	▲1476%
Headcount growth	—	▲6%	▼5.6%	▼3%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.2m	£3.6m	£2.6m	£237k
Net assets	£3.8m	£4.1m	£4.8m	£4.8m
Fixed assets	£2.4m	£2.4m	£2.3m	£324k
Current assets	£3.3m	£3.7m	£7.9m	£5.9m
Debtors	£64.6k	£30k	£79.9k	£101k
Deferred income	£93.5k	£103k	£116k	£150k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: 353.9%; Profit ÷ revenue.
Gross margin: 34%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £47.5k; Revenue ÷ average employees.
Profit per employee: £168k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 10.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 3.3%; 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: ▲0%; Now £4.8m
Cash at bank: ▼91%; Now £237k
Headcount: ▼3%; Now 65
Deferred income: ▲30%; Now £150k
Fixed assets: ▼86%; Now £324k

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

Mayfair Care Group Limitedultimate parent75–100%
Millennium Care Holdings Limited75–100%
Millennium Care Homes 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).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £10.9m), from the Companies House accounts bulk data published Jun 2026. 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.