Milkwood Care Ltd
Registered name: MILKWOOD CARE LTD
Part of Quinton House Care Limited groupMilkwood Care Ltd made £17m revenue and £1.3m profit in the year to 31 Oct 2025.
Milkwood Care Ltd’s revenue grew 2% to £17m in the year to 31 Oct 2025, with £1.3m profit and 410 employees. The company is classified under “residential nursing care facilities” and is based in Petersfield; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Petersfield, South East
- Age
- 27 yrs · since 1999
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 | 31 Oct 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £14.8m | £15.9m | £16.6m | £17m |
| Cost of sales | £10m | £10.9m | £12.1m | £12.2m |
| Gross profit | £4.9m | £5.1m | £4.6m | £4.8m |
| Operating profit | £2.6m | £2.2m | £1.8m | £2m |
| Profit before tax | £2.3m | £1.6m | £1.2m | £1.4m |
| Profit after tax | £1.8m | £1.2m | £834k | £1.3m |
| Profit (best available) | £1.8m | £1.2m | £834k | £1.3m |
| Staff costs | £9.4m | £10.1m | — | — |
| Employees (average) | 432 | 434 | 442 | 410 |
| Ratios | ||||
| Profit margin | 12.1% | 7.5% | 5% | 7.4% |
| Gross margin | 32.9% | 31.9% | 27.5% | 28.4% |
| Revenue per employee | £34.3k | £36.7k | £37.6k | £41.5k |
| Profit per employee | £4.2k | £2.8k | £1.9k | £3.1k |
| Cash conversion | 50.9% | 45.9% | 88.6% | −28.3% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲7.4% | ▲4.4% | ▲2.4% |
| Profit growth | — | ▼33.1% | ▼30.6% | ▲50.5% |
| Headcount growth | — | ▲0.5% | ▲1.8% | ▼7.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.2m | £594k | £587k | £2m |
| Net assets | £18.3m | £19.1m | £19.6m | £20.4m |
| Fixed assets | £27m | £26.6m | £26.3m | £22.8m |
| Current assets | £4.7m | £5.6m | £5.9m | £9.2m |
| Debtors | £442k | £273k | £361k | £202k |
| Deferred income | £710k | £847k | £1m | £740k |
| Cash from operations | £1.3m | £1m | £1.6m | −£556k |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- 7.4%
- Profit ÷ revenue.
- Gross margin
- 28.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £41.5k
- Revenue ÷ average employees.
- Profit per employee
- £3.1k
- Profit ÷ average employees.
- Cash conversion
- −28.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 133.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 4.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.2%
- 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
- ▲4%
- Now £20.4m
- Cash at bank
- ▲232%
- Now £2m
- Headcount
- ▼7%
- Now 410
- Deferred income
- ▼26%
- Now £740k
- Fixed assets
- ▼13%
- Now £22.8m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Quinton House Care Limitedultimate parent75–100%
- Milkwood Care Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (5)
- Holmwood House Care LimitedRev. £3.5m · Profit £110k
- Alexander Court Care Home LimitedFigures not disclosed
- County Care Homes LimitedFigures not disclosed
- Quinton House LimitedFigures not disclosed
- White Gables Care LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Oakminster Group LimitedGlasgow · Residential nursing care facilities
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- Profit
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- Staff
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- Hillcroft Nursing Homes LimitedCarnforth · Residential nursing care facilities
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- Profit
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- Staff
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- Country Court Care Homes 3 Opco LimitedSpalding · Residential nursing care facilities
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- Profit
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- Buckland Care LimitedPoole · Residential nursing care facilities
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- Profit
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- BCH Care LimitedBristol · Residential nursing care facilities
- Revenue
- £16.1m
- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £1.3m), from the Companies House accounts bulk data published May 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.