Innova Care Concepts Limited
Registered name: INNOVA CARE CONCEPTS LIMITED
Part of Corecare Holdings Ltd groupInnova Care Concepts Limited made £15m revenue and £1.1m profit in the year to 31 Dec 2025.
Innova Care Concepts Limited’s revenue grew 40% to £15m in the year to 31 Dec 2025, with £1.1m profit and 60 employees. The company is classified under “retail sale of medical and orthopaedic goods in specialised stores (not incl. hearing aids)” and is based in Wetherby; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Wetherby, Yorkshire and The Humber
- Age
- 7 yrs · since 2019
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £9.8m | £11.2m | £10.8m | £15m |
| Cost of sales | £6.9m | £7.8m | £7m | £10.4m |
| Gross profit | £2.9m | £3.4m | £3.7m | £4.6m |
| Operating profit | £441k | £76.3k | £950k | £1.1m |
| Profit before tax | £441k | £81.6k | £950k | £1.1m |
| Profit after tax | £366k | £65k | £976k | £1.1m |
| Profit (best available) | £366k | £65k | £976k | £1.1m |
| Employees (average) | 85 | 52 | 52 | 60 |
| Ratios | ||||
| Profit margin | 3.7% | 0.6% | 9.1% | 7.5% |
| Gross margin | 29.9% | 30.1% | 34.9% | 30.8% |
| Revenue per employee | £115k | £215k | £207k | £250k |
| Profit per employee | £4.3k | £1.3k | £18.8k | £18.7k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲14.2% | ▼4% | ▲39.7% |
| Profit growth | — | ▼82.2% | ▲1400% | ▲15% |
| Headcount growth | — | ▼38.8% | 0% | ▲15.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.4m | £473k | £188k | £973k |
| Net assets | £2.6m | £2.1m | £2.5m | £3.1m |
| Fixed assets | £619k | £597k | £559k | £682k |
| Current assets | £12.5m | £10.5m | £4.2m | £5.9m |
| Debtors | £2.5m | £1.6m | £1.5m | £1.5m |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Feb 2026 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 7.5%
- Profit ÷ revenue.
- Gross margin
- 30.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £250k
- Revenue ÷ average employees.
- Profit per employee
- £18.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.9%
- 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
- ▲22%
- Now £3.1m
- Cash at bank
- ▲417%
- Now £973k
- Headcount
- ▲15%
- Now 60
- Deferred income
- —
- Now —
- Fixed assets
- ▲22%
- Now £682k
Group structure
Ownership chain
- Corecare Holdings Ltdultimate parent75–100%
- Innova Care Concepts Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Corecare Global LtdFigures not disclosed
- Dependall LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.1m), from the Companies House accounts bulk data published Sep 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.