How much does Verve Homecare Ltd make?

Verve Homecare Ltd reported revenue of £23.6m and £3.4m profit in the year to 30 Apr 2025, according to its accounts filed at Companies House.

How many employees does Verve Homecare Ltd have?

Verve Homecare Ltd reported an average of 215 employees in the year to 30 Apr 2025.

Is Verve Homecare Ltd profitable?

Yes — Verve Homecare Ltd reported a profit of £3.4m in the year to 30 Apr 2025.

Company No. 10127302 · Incorporated 15 Apr 2016

Verve Homecare Ltd

Registered name: VERVE HOMECARE LTD

Part of Nova Equity Ltd group

Verve Homecare Ltd made £23.6m revenue and £3.4m profit in the year to 30 Apr 2025.

Verve Homecare Ltd’s revenue grew 16% to £23.6m in the year to 30 Apr 2025, with £3.4m profit and 215 employees. The company is classified under “other social work activities without accommodation” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 88990Other social work activities without accommodation n.e.c.

Status: Active
Location: London, London
Age: 10 yrs · since 2016
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: “Verve Homecare Group Ltd”

Latest accounts · year to 30 Apr 2025

Key figures

Capital-lightDoing more with lessCash flow filed

Revenue

£23.6m

Growth ▲15.7%

Profit

£3.4m

Growth —

Profit margin

14.3%

Gross 38.3%

Employees

215

Change ▼11.5%

Profit / employee

£15.7k

Revenue/employee £110k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Apr 2022	30 Apr 2023	30 Apr 2024	30 Apr 2025
Disclosure	No P&L	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£20.3m	£23.6m
Cost of sales	—	—	£15.7m	£14.5m
Gross profit	—	—	£4.7m	£9m
Operating profit	—	—	−£3.5m	£3.8m
Profit before tax	—	—	−£3.9m	£3.5m
Profit after tax	—	—	−£3.9m	£3.4m
Profit (best available)	—	—	−£3.9m	£3.4m
Staff costs	—	—	£3.1m	£4.9m
Employees (average)	30	30	243	215
Ratios
Profit margin	—	—	−19.1%	14.3%
Gross margin	—	—	22.9%	38.3%
Revenue per employee	—	—	£83.7k	£110k
Profit per employee	—	—	−£16k	£15.7k
Cash conversion	—	—	—	−61.9%
Growth (year on year)
Revenue growth	—	—	—	▲15.7%
Headcount growth	—	0%	▲710%	▼11.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£116k	£144k	£48.8k	£196k
Net assets	£3.1m	£4.7m	£837k	£1.9m
Fixed assets	—	£2.4k	£4.5k	£9.2k
Current assets	£4.4m	£8.8m	£4m	£4.9m
Debtors	£1.1m	£4.1m	£3.1m	£2.7m
Cash from operations	—	—	−£1.8m	−£2.4m
Source	Accounts · bulk data Jan 2024	Accounts · bulk data Jan 2024	FilletedAccounts · bulk data Jan 2025	FullAccounts · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: 14.3%; Profit ÷ revenue.
Gross margin: 38.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £110k; Revenue ÷ average employees.
Profit per employee: £15.7k; Profit ÷ average employees.
Cash conversion: −61.9%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.5%; 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: ▲133%; Now £1.9m
Cash at bank: ▲302%; Now £196k
Headcount: ▼12%; Now 215
Deferred income: —; Now —
Fixed assets: ▲107%; Now £9.2k

Corporate ownership

Group structure

Ownership chain

Nova Equity Ltdultimate parent75–100%
Verve Homecare Group Ltd75–100%
Verve Homecare Ltdthis company

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

Sister companies (2)

Verve Homecare Sussex LtdRev. £12.2m · Profit £2m
CJR Developments LtdFigures not disclosed

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 30 Apr 2025 (profit £3.4m), from the Companies House accounts bulk data published Jan 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.