Macc Care (Watermead) Limited
Registered name: MACC CARE (WATERMEAD) LIMITED
Part of Macc Care Topco Limited groupMacc Care (Watermead) Limited made £653k revenue and a £1.3m loss in the year to 30 Sep 2023.
Macc Care (Watermead) Limited’s revenue was £653k in the year to 30 Sep 2023, with a loss of £1.3m and 26 employees. The company is classified under “residential care activities for the elderly and disabled” and is based in Birmingham; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Birmingham
- Age
- 4 yrs · since 2022
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 |
|---|---|---|
| Disclosure | No P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | — | £653k |
| Cost of sales | — | £772k |
| Gross profit | — | −£119k |
| Operating profit | — | −£1.1m |
| Profit before tax | — | −£1.2m |
| Profit after tax | — | −£1.3m |
| Profit (best available) | — | −£1.3m |
| Employees (average) | 2 | 26 |
| Ratios | ||
| Profit margin | — | −192.5% |
| Gross margin | — | −18.2% |
| Revenue per employee | — | £25.1k |
| Profit per employee | — | −£48.3k |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1 | £58.1k |
| Net assets | £1 | −£1.3m |
| Fixed assets | — | £406k |
| Current assets | £1 | £135k |
| Debtors | — | £30k |
| Deferred income | — | £76.1k |
| Source | FullAccounts · bulk data Jan 2024 | Accounts · bulk data Jun 2024 |
How the business works
- Profit margin
- −192.5%
- Profit ÷ revenue.
- Gross margin
- −18.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £25.1k
- Revenue ÷ average employees.
- Profit per employee
- −£48.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 62.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 11.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.6%
- 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 −£1.3m
- Cash at bank
- —
- Now £58.1k
- Headcount
- —
- Now 26
- Deferred income
- —
- Now £76.1k
- Fixed assets
- —
- Now £406k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Macc Care Topco Limitedultimate parent75–100%
- Macc Care Group Limited75–100%
- Macc Care Group Midco Limited75–100%
- Macc Care Group Holding Limited75–100%
- Macc Care BBWW Holdco Limited75–100%
- Macc Care BBW Limited75–100%
- Macc Care Properties (Melton Road) Limited75–100%
- Macc Care (Watermead) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Macc Care Developments (Melton Road) LimitedRev. £1.4m · Profit −£427k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Sep 2023 (profit −£1.3m), from the Companies House accounts bulk data published Jun 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.