How much does We Care Homes C.I.C. make?

We Care Homes C.I.C. reported revenue of £1.1m and £195k profit in the year to 28 Feb 2025, according to its accounts filed at Companies House.

How many employees does We Care Homes C.I.C. have?

We Care Homes C.I.C. reported an average of 12 employees in the year to 28 Feb 2025.

Is We Care Homes C.I.C. profitable?

Yes — We Care Homes C.I.C. reported a profit of £195k in the year to 28 Feb 2025.

Company No. 10614341 · Incorporated 10 Feb 2017

We Care Homes C.I.C.

Registered name: WE CARE HOMES C.I.C.

We Care Homes C.I.C. made £1.1m revenue and £195k profit in the year to 28 Feb 2025.

We Care Homes C.I.C.’s revenue grew 30% to £1.1m in the year to 28 Feb 2025, with £195k profit and 12 employees. The company is classified under “other residential care activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 87900Other residential care activities n.e.c.

Status: Active
Location: London, London
Age: 9 yrs · since 2017
Type: Community Interest Company

Latest accounts · year to 28 Feb 2025

Key figures

IndependentCapital-lightOperating leverage

Revenue

£1.1m

Growth ▲30.4%

Profit

£195k

Growth ▲3583%

Profit margin

18.4%

Gross 93.8%

Employees

Change ▲71.4%

Profit / employee

£16.3k

Revenue/employee £88.4k

Profitable streak

2yrs

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	28 Feb 2022	28 Feb 2023	29 Feb 2024	28 Feb 2025
Disclosure	No P&L	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£813k	£1.1m
Cost of sales	—	—	£1.6k	£65.7k
Gross profit	—	—	£812k	£995k
Operating profit	—	—	£5.4k	£210k
Profit before tax	—	—	£5.3k	£195k
Profit after tax	—	—	£5.3k	£195k
Profit (best available)	—	—	£5.3k	£195k
Employees (average)	7	6	7	12
Ratios
Profit margin	—	—	0.7%	18.4%
Gross margin	—	—	99.8%	93.8%
Revenue per employee	—	—	£116k	£88.4k
Profit per employee	—	—	£756	£16.3k
Growth (year on year)
Revenue growth	—	—	—	▲30.4%
Profit growth	—	—	—	▲3583%
Headcount growth	—	▼14.3%	▲16.7%	▲71.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£87	£1.6k	£2.1k	£331
Net assets	−£439k	−£621k	−£616k	−£421k
Fixed assets	—	—	£0	£0
Current assets	£87	£1.6k	£2.1k	£331
Debtors	—	—	£0	£0
Deferred income	—	—	£0	£0
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: 18.4%; Profit ÷ revenue.
Gross margin: 93.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £88.4k; Revenue ÷ average employees.
Profit per employee: £16.3k; Profit ÷ average employees.
Cash conversion: —; 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: 0%; 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: —; Now −£421k
Cash at bank: ▼84%; Now £331
Headcount: ▲71%; Now 12
Deferred income: —; Now £0
Fixed assets: —; Now £0

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £195k), from the Companies House accounts bulk data published Jul 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.