How much does Ten M II Ltd make?

Ten M II Ltd reported revenue of £33.5m and a loss of £1.4m in the year to 30 Sep 2023, according to its accounts filed at Companies House.

How many employees does Ten M II Ltd have?

Ten M II Ltd reported an average of 960 employees in the year to 30 Sep 2023.

Is Ten M II Ltd profitable?

No — Ten M II Ltd reported a loss of £1.4m in the year to 30 Sep 2023.

Company No. 11462081 · Incorporated 12 Jul 2018

Ten M II Ltd

Registered name: TEN M II LTD

Part of Jocap Limited group

Ten M II Ltd made £33.5m revenue and a £1.4m loss in the year to 30 Sep 2023.

Ten M II Ltd’s revenue grew 11% to £33.5m in the year to 30 Sep 2023, with a loss of £1.4m and 960 employees. The company is classified under “other residential care activities” and is based in Slough; we hold 2 years of its filed accounts.

Full P&L filedSIC 87900Other residential care activities n.e.c.

Status: Active
Location: Slough
Age: 8 yrs · since 2018
Type: Private Limited Company

Latest accounts · year to 30 Sep 2023

Key figures

Revenue

£33.5m

Growth ▲10.7%

Profit

−£1.4m

Growth —

Profit margin

−4.1%

Gross 31.6%

Employees

960

Change ▼2.3%

Profit / employee

−£1.4k

Revenue/employee £34.9k

Profitable streak

0yrs

Consecutive profitable years in our data

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Sep 2022	30 Sep 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£30.3m	£33.5m
Cost of sales	−£20.6m	−£22.9m
Gross profit	£9.7m	£10.6m
Operating profit	£17.1m	£1.4m
Profit before tax	£5.8m	−£1.5m
Profit after tax	−£598k	−£1.4m
Profit (best available)	−£598k	−£1.4m
Employees (average)	983	960
Ratios
Profit margin	−2%	−4.1%
Gross margin	31.9%	31.6%
Revenue per employee	£30.8k	£34.9k
Profit per employee	−£608	−£1.4k
Growth (year on year)
Revenue growth	—	▲10.7%
Headcount growth	—	▼2.3%
Balance sheet — indirect signals, not revenue
Net assets	—	—
Source	Accounts · bulk data Jul 2024	Accounts · bulk data Jul 2024

Derived from the latest filing

How the business works

Profit margin: −4.1%; Profit ÷ revenue.
Gross margin: 31.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £34.9k; Revenue ÷ average employees.
Profit per employee: −£1.4k; 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: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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 —
Cash at bank: —; Now —
Headcount: ▼2%; Now 960
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Jocap Limitedultimate parent50–75%
Priory Cc112 Limited75–100%
Ten M II Holdco Limited75–100%
Ten M II Ltdthis company

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

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

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 30 Sep 2023 (profit −£1.4m), from the Companies House accounts bulk data published Jul 2024. Spotted an error? Request a correction.

Updated from Companies House on 17 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.