How much does Tricuro Ltd make?

Tricuro Ltd reported revenue of £16.7m and £0 profit in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does Tricuro Ltd have?

Tricuro Ltd reported an average of 520 employees in the year to 31 Mar 2024.

Is Tricuro Ltd profitable?

Tricuro Ltd reported break-even results (zero profit) in the year to 31 Mar 2024.

Company No. 09536732 · Incorporated 10 Apr 2015

Tricuro Ltd

Registered name: TRICURO LTD

Part of Bournemouth, Christchurch And Poole Council group

Tricuro Ltd made £16.7m revenue and £0 profit in the year to 31 Mar 2024.

Tricuro Ltd’s revenue fell 30% to £16.7m in the year to 31 Mar 2024, with £0 profit and 520 employees. The company is classified under “residential care activities for learning difficulties, mental health and substance abuse” and is based in Poole; we hold 2 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 87200Residential care activities for learning difficulties, mental health and substance abuse SIC 87300Residential care activities for the elderly and disabled SIC 88100Social work activities without accommodation for the elderly and disabled SIC 88990Other social work activities without accommodation n.e.c.

Status: Active
Location: Poole, South West
Age: 11 yrs · since 2015
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.

Latest accounts · year to 31 Mar 2024

Key figures

Revenue

£16.7m

Growth ▼29.8%

Profit

£0

Growth —

Profit margin

Gross 2.6%

Employees

520

Change ▼48.9%

Profit / employee

£0

Revenue/employee £32.2k

Profitable streak

0yrs

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 Mar 2023	31 Mar 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£23.9m	£16.7m
Cost of sales	£23.3m	£16.3m
Gross profit	£554k	£437k
Operating profit	−£5.5k	−£16.2k
Profit before tax	£0	£0
Profit after tax	£0	£0
Profit (best available)	£0	£0
Staff costs	£23.7m	£16.7m
Employees (average)	1,017	520
Ratios
Profit margin	0%	0%
Gross margin	2.3%	2.6%
Revenue per employee	£23.5k	£32.2k
Profit per employee	£0	£0
Growth (year on year)
Revenue growth	—	▼29.8%
Headcount growth	—	▼48.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£405k	£759k
Net assets	£1	£1
Current assets	£510k	£766k
Debtors	£5.8k	£5.5k
Deferred income	£107k	£89.3k
Source	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Jan 2025

Derived from the latest filing

How the business works

Profit margin: 0%; Profit ÷ revenue.
Gross margin: 2.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £32.2k; Revenue ÷ average employees.
Profit per employee: £0; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; 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: 0%; 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: 0%; Now £1
Cash at bank: ▲87%; Now £759k
Headcount: ▼49%; Now 520
Deferred income: ▼17%; Now £89.3k
Fixed assets: —; Now —

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

Bournemouth, Christchurch And Poole Council (registered outside the UK register)ultimate parent75–100%
Tricuro Support Ltd75–100%
Tricuro Ltdthis company

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

Minority corporate shareholders

Bournemouth, Christchurch And Poole Council (registered outside the UK register)

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £0), from the Companies House accounts bulk data published Jan 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.