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Company No. 11923348 · Incorporated 3 Apr 2019

Macc Care Developments (Solihull) Limited

Registered name: MACC CARE DEVELOPMENTS (SOLIHULL) LIMITED

Part of Macc Care Topco Limited group

Macc Care Developments (Solihull) Limited made £3.1m revenue and £2.2m profit in the year to 30 Sep 2023.

Macc Care Developments (Solihull) Limited’s revenue was £3.1m in the year to 30 Sep 2023, with £2.2m profit and 0 employees. The company is classified under “residential nursing care facilities” and is based in Birmingham; we hold 2 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 87100Residential nursing care facilities
Status
Active
Location
Birmingham, West Midlands
Age
7 yrs · since 2019
Type
Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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 is a subsidiary of Macc Care Properties (Solihull) Limited whose registered office is 23 Calthorpe Road, Edgbaston, Birmingham, B15 1RP.”

Latest accounts · year to 30 Sep 2023

Key figures

Small teamYoung and profitable
Revenue
£3.1m
Growth —
Profit
£2.2m
Growth ▼54.4%
Profit margin
72.4%
Gross 18.2%
Employees
0
Change —
Profit / employee
—
 
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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Sep 202230 Sep 2023
DisclosureProfit onlyFull P&L
Profit & loss
Revenue (turnover)—£3.1m
Cost of sales—£2.5m
Gross profit—£563k
Operating profit−£2.9k£496k
Profit before tax£5.2m£2.9m
Profit after tax£4.9m£2.2m
Profit (best available)£4.9m£2.2m
Employees (average)00
Ratios
Profit margin—72.4%
Gross margin—18.2%
Growth (year on year)
Profit growth—▼54.4%
Balance sheet — indirect signals, not revenue
Cash at bank£314£421
Net assets£4.9m£7.1m
Fixed assets£19.7m£23.8m
Current assets£19.1m£22.8m
Debtors—£370k
Deferred income£14.3k£7.5k
SourceAccounts · bulk data Jul 2024Accounts · bulk data Jul 2024
Derived from the latest filing

How the business works

Profit margin
72.4%
Profit ÷ revenue.
Gross margin
18.2%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
—
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
769.8%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
12%
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
▲46%
Now £7.1m
Cash at bank
▲34%
Now £421
Headcount
—
Now 0
Deferred income
▼48%
Now £7.5k
Fixed assets
▲21%
Now £23.8m

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

  1. Macc Care Topco Limitedultimate parent75–100%
  2. Macc Care Group Limited75–100%
  3. Macc Care Group Midco Limited75–100%
  4. Macc Care Group Holding Limited75–100%
  5. Macc Care BBWW Holdco Limited75–100%
  6. Macc Care BBW Limited75–100%
  7. Macc Care Properties (Solihull) Limited75–100%
  8. Macc Care Developments (Solihull) Limitedthis company

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

Subsidiaries (1)

Sister companies (1)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from accounts for the year to 30 Sep 2023 (profit £2.2m), from the Companies House accounts bulk data published Jul 2024. 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.