How much does Icare24 Limited make?

Icare24 Limited reported revenue of £4.6m and £98.4k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Icare24 Limited have?

Icare24 Limited reported an average of 20 employees in the year to 31 Mar 2025.

Is Icare24 Limited profitable?

Yes — Icare24 Limited reported a profit of £98.4k in the year to 31 Mar 2025.

Company No. 08937271 · Incorporated 13 Mar 2014

Icare24 Limited

Registered name: ICARE24 LIMITED

Part of Marva Group Limited group

Icare24 Limited made £4.6m revenue and £98.4k profit in the year to 31 Mar 2025. read from filing text

Icare24 Limited’s revenue fell 67% to £4.6m in the year to 31 Mar 2025, with £98.4k profit and 20 employees. The company is classified under “other activities of employment placement agencies” and is based in Birmingham; we hold 3 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 78109Other activities of employment placement agencies

Status: Active
Location: Birmingham, West Midlands
Age: 12 yrs · since 2014
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: “The immediate controlling party is iCare24 Group Limited.”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-light

Revenue

£4.6m

Growth ▼66.7%

Profit

£98.4k

Growth —

Profit margin

2.1%

Gross 28.3%

Employees

Change ▼64.9%

Profit / employee

£4.9k

Revenue/employee £232k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£27.4m	£13.9m	£4.6m
Cost of sales	£20.4m	£10m	£3.3m
Gross profit	£7.1m	£3.8m	£1.3m
Operating profit	£2.5m	−£152k	£155k
Profit before tax	£2.5m	−£194k	£98.4k
Profit after tax	£2m	−£178k	£98.4k
Profit (best available)	£2m	−£178k	£98.4k
Staff costs	£3.3m	£1.8m	£536k
Employees (average)	82	57	20
Ratios
Profit margin	7.2%	−1.3%	2.1%
Gross margin	25.7%	27.7%	28.3%
Revenue per employee	£334k	£244k	£232k
Profit per employee	£24.1k	−£3.1k	£4.9k
Growth (year on year)
Revenue growth	—	▼49.4%	▼66.7%
Profit growth	—	▼109%	—
Headcount growth	—	▼30.5%	▼64.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£57.4k	£16.8k	£30.7k
Net assets	£1.3m	£31.2k	£130k
Fixed assets	£66.2k	£33.9k	£20.7k
Current assets	£6.4m	£2.5m	£2.7m
Debtors	£5.7m	£1.2m	£374k
Deferred income	£150k	£105k	£21.5k
Source	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 2.1%; Profit ÷ revenue.
Gross margin: 28.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £232k; Revenue ÷ average employees.
Profit per employee: £4.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.1%; 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: ▲316%; Now £130k
Cash at bank: ▲83%; Now £30.7k
Headcount: ▼65%; Now 20
Deferred income: ▼80%; Now £21.5k
Fixed assets: ▼39%; Now £20.7k

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

Marva Group Limitedultimate parent75–100%
Icare24 Group Limited75–100%
Icare24 Limitedthis company

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

Sister companies (2)

Raven Medical Staffing LimitedFigures not disclosed
Vitality24 LimitedFigures not disclosed

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 31 Mar 2025 (profit £98.4k), 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.