How much does Magdalen House Limited make?

Magdalen House Limited reported revenue of £2.4m and £30.3k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Magdalen House Limited have?

Magdalen House Limited reported an average of 66 employees in the year to 31 Dec 2023.

Is Magdalen House Limited profitable?

Yes — Magdalen House Limited reported a profit of £30.3k in the year to 31 Dec 2023.

Company No. 07215848 · Incorporated 7 Apr 2010

Magdalen House Limited

Registered name: MAGDALEN HOUSE LIMITED

Part of Stessa Trading Limited group

Magdalen House Limited made £2.4m revenue and £30.3k profit in the year to 31 Dec 2023.

Magdalen House Limited’s revenue grew 52% to £2.4m in the year to 31 Dec 2023, with £30.3k profit and 66 employees. The company is classified under “residential care activities for the elderly and disabled” and is based in Godalming; we hold 2 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: 16 yrs · since 2010
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: “NF Care Holdings Limited”

Latest accounts · year to 31 Dec 2023

Key figures

Revenue

£2.4m

Growth ▲51.9%

Profit

£30.3k

Growth —

Profit margin

1.3%

Gross 39.1%

Employees

Change ▲29.4%

Profit / employee

£459

Revenue/employee £35.6k

Profitable streak

1yr

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£1.5m	£2.4m
Cost of sales	£1m	£1.4m
Gross profit	£501k	£920k
Profit before tax	−£162k	£30.3k
Profit after tax	−£162k	£30.3k
Profit (best available)	−£162k	£30.3k
Staff costs	£857k	£1.2m
Employees (average)	51	66
Ratios
Profit margin	−10.5%	1.3%
Gross margin	32.4%	39.1%
Revenue per employee	£30.3k	£35.6k
Profit per employee	−£3.2k	£459
Growth (year on year)
Revenue growth	—	▲51.9%
Headcount growth	—	▲29.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£142k	£322k
Net assets	£2.5m	£2.8m
Fixed assets	£5.6m	£6m
Current assets	£213k	£443k
Debtors	£56.4k	£72.3k
Deferred income	£8.1k	—
Source	Accounts · bulk data Jul 2024	Accounts · bulk data Jul 2024

Derived from the latest filing

How the business works

Profit margin: 1.3%; Profit ÷ revenue.
Gross margin: 39.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £35.6k; Revenue ÷ average employees.
Profit per employee: £459; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 254.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 3.1%; 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: ▲12%; Now £2.8m
Cash at bank: ▲127%; Now £322k
Headcount: ▲29%; Now 66
Deferred income: —; Now —
Fixed assets: ▲6%; Now £6m

Corporate ownership

Group structure

Ownership chain

Stessa Trading Limitedultimate parent75–100%
Stessa Holdings Limited75–100%
Stessa Limited75–100%
Moorfield Group Limited75–100%
Mref IV GP Limited75–100%
Mref IV Care Holdings Limited75–100%
NF Care Holdings Limited75–100%
Magdalen House Limitedthis company

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

Sister companies (2)

Sentinel Health Care LimitedRev. £12.6m · Profit £602k
Cherry Blossom Care Home LimitedRev. £4.2m · Profit £493k

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 accounts for the year to 31 Dec 2023 (profit £30.3k), from the Companies House accounts bulk data published Jul 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.