How much does Grove Care Limited make?

Grove Care Limited reported revenue of £13.7m and £3.6m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Grove Care Limited have?

Grove Care Limited reported an average of 229 employees in the year to 31 Dec 2024.

Is Grove Care Limited profitable?

Yes — Grove Care Limited reported a profit of £3.6m in the year to 31 Dec 2024.

Company No. 04740781 · Incorporated 22 Apr 2003

Grove Care Limited

Registered name: GROVE CARE LIMITED

Part of Stessa Trading Limited group

Grove Care Limited made £13.7m revenue and £3.6m profit in the year to 31 Dec 2024.

Grove Care Limited’s revenue was £13.7m in the year to 31 Dec 2024, with £3.6m profit and 229 employees. The company is classified under “residential care activities for the elderly and disabled” and is based in Godalming; we hold 3 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 87300Residential care activities for the elderly and disabled

Status: Active
Location: Godalming, South East
Age: 23 yrs · since 2003
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: “MREF Allegra Care Holdings Limited”

Latest accounts · year to 31 Dec 2024

Key figures

Revenue

£13.7m

Growth —

Profit

£3.6m

Growth —

Profit margin

26.1%

Gross 52.2%

Employees

229

Change —

Profit / employee

£15.6k

Revenue/employee £59.8k

Profitable streak

3yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	15 Nov 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£7m	£13.7m	£13.7m
Cost of sales	£2.7m	£6.5m	£6.5m
Gross profit	£4.3m	£7.2m	£7.2m
Profit before tax	£3m	£4.6m	£4.2m
Profit after tax	£2.4m	£3.9m	£3.6m
Profit (best available)	£2.4m	£3.9m	£3.6m
Staff costs	£2.9m	£6.6m	£6.7m
Employees (average)	222	230	229
Ratios
Profit margin	34.8%	28.7%	26.1%
Gross margin	61.8%	52.5%	52.2%
Revenue per employee	£31.5k	£59.8k	£59.8k
Profit per employee	£11k	£17.2k	£15.6k
Balance sheet — indirect signals, not revenue
Cash at bank	£2m	£1.9m	£1.7m
Net assets	£35.9m	£39.9m	£43.6m
Fixed assets	£43.6m	£43.8m	£44.4m
Current assets	£3.5m	£6.2m	£9.9m
Debtors	£224k	£1.5m	£1.8m
Deferred income	£45.3k	—	—
Source	Accounts · bulk data Jul 2024	Accounts · bulk data Jul 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 26.1%; Profit ÷ revenue.
Gross margin: 52.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £59.8k; Revenue ÷ average employees.
Profit per employee: £15.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 324.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.3%; 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: —; Now £43.6m
Cash at bank: —; Now £1.7m
Headcount: —; Now 229
Deferred income: —; Now —
Fixed assets: —; Now £44.4m

Corporate ownership

Group structure

Ownership chain

Stessa Trading Limitedultimate parent75–100%
Stessa Holdings Limited75–100%
Stessa Limited75–100%
Moorfield Group Limited75–100%
Mref V GP Limited75–100%
Mref V Care Holdings Limited75–100%
Mref Allegra Care Holdings Limited75–100%
Grove 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).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £3.6m), from the Companies House accounts bulk data published Sep 2025. 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.