Technicare Ltd T/As Blyth Group Ltd
Registered name: TECHNICARE LTD T/AS BLYTH GROUP LTD
Part of Blyth Group Holdings Limited groupTechnicare Ltd T/As Blyth Group Ltd made £19.1m revenue and £449k profit in the year to 31 Mar 2025.
Technicare Ltd T/As Blyth Group Ltd’s revenue fell 4% to £19.1m in the year to 31 Mar 2025, with £449k profit and 90 employees. The company is classified under “development of building projects” and is based in Tettenhall Wolverhampton; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Tettenhall Wolverhampton, West Midlands
- Age
- 29 yrs · since 1996
- 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. From the filing: “Blyth Group Holdings Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £20m | £19.1m |
| Cost of sales | £16.8m | £16.3m |
| Gross profit | £3.3m | £2.8m |
| Operating profit | £1m | £809k |
| Profit before tax | £962k | £622k |
| Profit after tax | £786k | £449k |
| Profit (best available) | £786k | £449k |
| Staff costs | £4.7m | £3.7m |
| Employees (average) | 111 | 90 |
| Ratios | ||
| Profit margin | 3.9% | 2.4% |
| Gross margin | 16.2% | 14.7% |
| Revenue per employee | £181k | £213k |
| Profit per employee | £7.1k | £5k |
| Cash conversion | 50.8% | 79.9% |
| Growth (year on year) | ||
| Revenue growth | — | ▼4.5% |
| Profit growth | — | ▼42.8% |
| Headcount growth | — | ▼18.9% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £135k | £234k |
| Net assets | £1.2m | £1.3m |
| Fixed assets | £20.6k | £245k |
| Current assets | £7.9m | £8.9m |
| Debtors | £2.8m | £3.7m |
| Cash from operations | £525k | £647k |
| Source | FullAccounts · bulk data Mar 2026 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 2.4%
- Profit ÷ revenue.
- Gross margin
- 14.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £213k
- Revenue ÷ average employees.
- Profit per employee
- £5k
- Profit ÷ average employees.
- Cash conversion
- 79.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 19.5%
- Money owed by customers. Low = customers pay quickly.
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
- ▲8%
- Now £1.3m
- Cash at bank
- ▲73%
- Now £234k
- Headcount
- ▼19%
- Now 90
- Deferred income
- —
- Now —
- Fixed assets
- ▲1092%
- Now £245k
Group structure
Ownership chain
- Blyth Group Holdings Limitedultimate parent75–100%
- Technicare Ltd T/As Blyth Group Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Blyth Civils LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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- Profit
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- Rigg Construction (Southern) LimitedMelksham · Development of building projects
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £449k), from the Companies House accounts bulk data published Mar 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.