Target Healthcare Reit PLC
Registered name: TARGET HEALTHCARE REIT PLC
Target Healthcare Reit PLC made £72.9m revenue and £60.8m profit in the year to 30 Jun 2025.
Target Healthcare Reit PLC’s revenue grew 5% to £72.9m in the year to 30 Jun 2025, with £60.8m profit. The company is classified under “activities of real estate investment trusts” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 7 yrs · since 2019
- Type
- Public 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £67.7m | £69.6m | £72.9m |
| Operating profit | £3.6m | £84.6m | £71.9m |
| Profit before tax | −£6.6m | £73m | £60.8m |
| Profit after tax | −£6.6m | £73m | £60.8m |
| Profit (best available) | −£6.6m | £73m | £60.8m |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | −9.7% | 105% | 83.4% |
| Growth (year on year) | |||
| Revenue growth | — | ▲2.7% | ▲4.9% |
| Profit growth | — | — | ▼16.7% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Dec 2024 | Accounts · bulk data Dec 2024 | Accounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 83.4%
- Profit ÷ revenue.
- Gross margin
- —
- 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
- —
- 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.
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
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (14)
- THR Number 12 PLCFigures not disclosed
- THR Number 15 PLCFigures not disclosed
- THR Number 23 LimitedFigures not disclosed
- THR Number 39 LimitedFigures not disclosed
- THR Number 4 LimitedFigures not disclosed
- THR Number 40 LimitedFigures not disclosed
- THR Number 41 LimitedFigures not disclosed
- THR Number 42 LimitedFigures not disclosed
- THR Number 43 PLCFigures not disclosed
- THR Number 44 LimitedFigures not disclosed
- THR Number 46 LimitedFigures not disclosed
- THR Number 54 LimitedFigures not disclosed
- THR Number 55 LimitedFigures not disclosed
- THR Number One PLCFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Jun 2025 (profit £60.8m), from the Companies House accounts bulk data published Dec 2025. 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.