Bondcare (London) Ltd
Registered name: BONDCARE (LONDON) LTD
Part of Bondcare (London) Holding Ltd groupBondcare (London) Ltd made £108m revenue and £5.8m profit in the year to 31 Dec 2025. read from filing text
Bondcare (London) Ltd’s revenue grew 13% to £108m in the year to 31 Dec 2025, with £5.8m profit and 2,200 employees. The company is classified under “residential care activities for the elderly and disabled” and is based in Manchester; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Manchester, North West
- Age
- 9 yrs · since 2017
- 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 company's immediate parent company is Bondcare (London) Holdings Limited, incorporated in England and Wales.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||||
| Revenue (turnover) | £58.6m | £66.7m | £83.1m | £95.1m | £108m |
| Cost of sales | £43.5m | £47.6m | £56.3m | £65m | £73.9m |
| Gross profit | £15.1m | £19.1m | £26.8m | £30.1m | £33.9m |
| Operating profit | £3.8m | £3.2m | £7.8m | £5m | £7.7m |
| Profit before tax | £3.8m | £3.1m | £7.8m | £5m | £7.7m |
| Profit after tax | £3m | £2.4m | £5.7m | £3.8m | £5.8m |
| Profit (best available) | £3m | £2.4m | £5.7m | £3.8m | £5.8m |
| Staff costs | £35.5m | £40.2m | £48.6m | £57.6m | £66.2m |
| Employees (average) | 1,804 | 1,817 | 1,953 | 2,114 | 2,200 |
| Ratios | |||||
| Profit margin | 5.1% | 3.5% | 6.9% | 4% | 5.4% |
| Gross margin | 25.8% | 28.7% | 32.3% | 31.7% | 31.4% |
| Revenue per employee | £32.5k | £36.7k | £42.5k | £45k | £49k |
| Profit per employee | £1.7k | £1.3k | £2.9k | £1.8k | £2.6k |
| Cash conversion | −13.5% | −91.3% | −46.2% | −60.2% | −58.4% |
| Growth (year on year) | |||||
| Revenue growth | — | ▲13.7% | ▲24.6% | ▲14.4% | ▲13.4% |
| Profit growth | — | ▼21.3% | ▲142.9% | ▼34% | ▲52.5% |
| Headcount growth | — | ▲0.7% | ▲7.5% | ▲8.2% | ▲4.1% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £1m | £1.3m | £2.4m | £1.7m | £3m |
| Net assets | £6m | £8.4m | £14.1m | £17.9m | £23.7m |
| Fixed assets | £1.6m | £2.4m | £2.7m | £2.9m | £3.3m |
| Current assets | £16.7m | £20.4m | £28.3m | £37.3m | £44.2m |
| Debtors | £6m | £8.7m | £10.1m | £9.7m | £11.1m |
| Deferred income | £902k | £1.2m | £1.9m | £2.6m | £2.1m |
| Cash from operations | −£519k | −£2.9m | −£3.6m | −£3m | −£4.5m |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 5.4%
- Profit ÷ revenue.
- Gross margin
- 31.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £49k
- Revenue ÷ average employees.
- Profit per employee
- £2.6k
- Profit ÷ average employees.
- Cash conversion
- −58.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.3%
- Money owed by customers. Low = customers pay quickly.
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
- ▲32%
- Now £23.7m
- Cash at bank
- ▲83%
- Now £3m
- Headcount
- ▲4%
- Now 2,200
- Deferred income
- ▼17%
- Now £2.1m
- Fixed assets
- ▲14%
- Now £3.3m
Group structure
Ownership chain
- Bondcare (London) Holding Ltdultimate parent75–100%
- Bondcare (London) Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- Bondcare (London) Management LtdFigures not disclosed
- Bondcare (London2) LimitedFigures not disclosed
- Bondcare (Regions) LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Minster Care Group LimitedSurrey · Residential care activities for the elderly and disabled
- Revenue
- £143m
- Profit
- £6m
- Staff
- 3,562
- Beaumont Care Homes LimitedChesterfield · Residential care activities for the elderly and disabled
- Revenue
- £72.2m
- Profit
- £5.1m
- Staff
- 1,756
- Park Homes (UK) LimitedBradford · Residential care activities for the elderly and disabled
- Revenue
- £44.5m
- Profit
- £5.3m
- Staff
- 1,241
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £5.8m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 23 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.