How much does M & D Care Operations Limited make?

M & D Care Operations Limited reported revenue of £25.7m and £654k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does M & D Care Operations Limited have?

M & D Care Operations Limited reported an average of 676 employees in the year to 31 Mar 2025.

Is M & D Care Operations Limited profitable?

Yes — M & D Care Operations Limited reported a profit of £654k in the year to 31 Mar 2025.

Company No. 13974689 · Incorporated 14 Mar 2022

M & D Care Operations Limited

Registered name: M & D CARE OPERATIONS LIMITED

Part of Koala Care Holdings Limited group

M & D Care Operations Limited made £25.7m revenue and £654k profit in the year to 31 Mar 2025.

M & D Care Operations Limited’s revenue grew 112% to £25.7m in the year to 31 Mar 2025, with £654k profit and 676 employees. The company is classified under “residential care activities for learning difficulties, mental health and substance abuse” and is based in Carmarthen; we hold 3 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 87200Residential care activities for learning difficulties, mental health and substance abuse

Status: Active
Location: Carmarthen, Wales
Age: 4 yrs · since 2022
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. From the filing: “Koala Ruby Bidco Limited”

Latest accounts · year to 31 Mar 2025

Key figures

Young and profitableDoing more with less

Revenue

£25.7m

Growth ▲111.7%

Profit

£654k

Growth —

Profit margin

2.5%

Gross 40.9%

Employees

676

Change ▼0.3%

Profit / employee

£967

Revenue/employee £38k

Profitable streak

1yr

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 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&Lread from filing text	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£0	£12.1m	£25.7m
Cost of sales	—	£7.4m	£15.2m
Gross profit	£0	£4.7m	£10.5m
Profit before tax	−£955k	−£2.4m	£837k
Profit after tax	−£955k	−£2.5m	£654k
Profit (best available)	−£955k	−£2.5m	£654k
Staff costs	—	£8.3m	£17.6m
Employees (average)	5	678	676
Ratios
Profit margin	—	−20.3%	2.5%
Gross margin	—	39.2%	40.9%
Revenue per employee	£0	£17.9k	£38k
Profit per employee	−£191k	−£3.6k	£967
Growth (year on year)
Revenue growth	—	—	▲111.7%
Headcount growth	—	▲13460%	▼0.3%
Balance sheet — indirect signals, not revenue
Cash at bank	—	£3.1m	£4.6m
Net assets	£2.4m	−£96.4k	£557k
Fixed assets	£29.5m	£2.8m	£2.9m
Current assets	£13.6m	£6.9m	£8.7m
Debtors	£13.6m	£1.1m	£500k
Source	Accounts · bulk data Mar 2024	Accounts · bulk data Mar 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 2.5%; Profit ÷ revenue.
Gross margin: 40.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £38k; Revenue ÷ average employees.
Profit per employee: £967; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 11.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.9%; 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 £557k
Cash at bank: ▲48%; Now £4.6m
Headcount: ▼0%; Now 676
Deferred income: —; Now —
Fixed assets: ▲4%; Now £2.9m

Corporate ownership

Group structure

Ownership chain

Koala Care Holdings Limitedultimate parent50–75%
Koala Ruby Bidco Limited75–100%
M & D Care Operations Limitedthis company

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

Subsidiaries (8)

Ils Head Office LimitedFigures not disclosed
M & D Care Gowerton LimitedFigures not disclosed
M & D Care Pontardawe LimitedFigures not disclosed
M & D Care Rhigos LimitedFigures not disclosed
M & D Care Supported Living LimitedFigures not disclosed
M & D Care Tonypandy LimitedFigures not disclosed
Tegan Phase 3 Land LimitedFigures not disclosed
Ty Hiraeth Woods LimitedFigures not disclosed

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 Mar 2025 (profit £654k), 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.