How much does Mref IV Care Holdings Limited make?

Mref IV Care Holdings Limited reported revenue of £21.3m and a loss of £38.7k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Mref IV Care Holdings Limited have?

Mref IV Care Holdings Limited reported an average of 420 employees in the year to 31 Dec 2024.

Is Mref IV Care Holdings Limited profitable?

No — Mref IV Care Holdings Limited reported a loss of £38.7k in the year to 31 Dec 2024.

Company No. 12758894 · Incorporated 21 Jul 2020

Mref IV Care Holdings Limited

Registered name: MREF IV CARE HOLDINGS LIMITED

Part of Stessa Trading Limited group

Mref IV Care Holdings Limited made £21.3m revenue and a £38.7k loss in the year to 31 Dec 2024.

Mref IV Care Holdings Limited’s revenue grew 11% to £21.3m in the year to 31 Dec 2024, with a loss of £38.7k and 420 employees. The company is classified under “residential care activities for the elderly and disabled” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 87300Residential care activities for the elderly and disabled

Status: Active
Location: London, London
Age: 6 yrs · since 2020
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: “MREF IV GP Limited”

Latest accounts · year to 31 Dec 2024

Key figures

Cash flow filed

Revenue

£21.3m

Growth ▲11.2%

Profit

−£38.7k

Growth ▼5506%

Profit margin

−0.2%

Gross 39.7%

Employees

420

Change ▲4.2%

Profit / employee

−£92

Revenue/employee £50.7k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£17.3m	£19.2m	£21.3m
Cost of sales	£11m	£12.1m	£12.8m
Gross profit	£6.2m	£7.1m	£8.5m
Operating profit	£1.2m	£1.7m	£2.4m
Profit before tax	−£2.3m	£1.8m	£1.4m
Profit after tax	£146	£715	−£38.7k
Profit (best available)	£146	£715	−£38.7k
Staff costs	£7.8m	£10.8m	£12.2m
Employees (average)	327	403	420
Ratios
Profit margin	0%	0%	−0.2%
Gross margin	36%	36.9%	39.7%
Revenue per employee	£52.8k	£47.6k	£50.7k
Profit per employee	£0	£2	−£92
Cash conversion	168.5%	173.4%	114.3%
Growth (year on year)
Revenue growth	—	▲11.1%	▲11.2%
Profit growth	—	▲389.7%	▼5506%
Headcount growth	—	▲23.2%	▲4.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£2m	—	—
Net assets	£10.1k	£10.8k	−£27.8k
Fixed assets	£43.2m	£44.6m	£47.2m
Current assets	£17.5m	£20m	£20m
Debtors	£470k	£528k	£1.5m
Cash from operations	£2.1m	£3m	£2.8m
Source	Accounts · bulk data Jul 2024	Accounts · bulk data Jul 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −0.2%; Profit ÷ revenue.
Gross margin: 39.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £50.7k; Revenue ÷ average employees.
Profit per employee: −£92; Profit ÷ average employees.
Cash conversion: 114.3%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 221.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7.1%; 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: ▼357%; Now −£27.8k
Cash at bank: —; Now —
Headcount: ▲4%; Now 420
Deferred income: —; Now —
Fixed assets: ▲6%; Now £47.2m

Corporate ownership

Group structure

Ownership chain

Stessa Trading Limitedultimate parent75–100%
Stessa Holdings Limited75–100%
Stessa Limited75–100%
Moorfield Group Limited75–100%
Mref IV GP Limited75–100%
Mref IV Care Holdings Limitedthis company

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

Subsidiaries (1)

NF Care Holdings LimitedRev. £0 · Profit −£653k

Sister companies (6)

Mref IV Ash LimitedRev. £6.2m · Profit £1.2m
Moorfield Residential Holdings LtdFigures not disclosed
Moorfield Student Housing LimitedRev. — · Profit −£940k
Mref IV Colchester Holdings LimitedRev. — · Profit −£9k
Mref IV Ealing Holdings LimitedRev. — · Profit −£13k
Mref IV Storage Holdings LimitedRev. — · Profit −£14k

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£38.7k), from the Companies House accounts bulk data published Sep 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.