How much does Mref V Care Holdings Limited make?

Mref V Care Holdings Limited reported revenue of £13.7m and £1.2m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Mref V Care Holdings Limited have?

Mref V Care Holdings Limited reported an average of 232 employees in the year to 31 Dec 2024.

Is Mref V Care Holdings Limited profitable?

Yes — Mref V Care Holdings Limited reported a profit of £1.2m in the year to 31 Dec 2024.

Company No. 14156358 · Incorporated 7 Jun 2022

Mref V Care Holdings Limited

Registered name: MREF V CARE HOLDINGS LIMITED

Part of Stessa Trading Limited group

Mref V Care Holdings Limited made £13.7m revenue and £1.2m profit in the year to 31 Dec 2024.

Mref V Care Holdings Limited’s revenue was £13.7m in the year to 31 Dec 2024, with £1.2m profit and 232 employees. The company is classified under “residential nursing care facilities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 87100Residential nursing care facilities

Status: Active
Location: London, London
Age: 4 yrs · since 2022
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 V GP Limited”

Latest accounts · year to 31 Dec 2024

Key figures

Young and profitableCash flow filed

Revenue

£13.7m

Growth —

Profit

£1.2m

Growth —

Profit margin

8.7%

Gross 52.2%

Employees

232

Change —

Profit / employee

£5.2k

Revenue/employee £59k

Profitable streak

2yrs

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 Oct 2022	31 Dec 2023	31 Dec 2024
Disclosure	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£13.7m	£13.7m
Cost of sales	—	£6.5m	£6.5m
Gross profit	—	£7.2m	£7.2m
Operating profit	—	£4m	£3.8m
Profit before tax	—	£2m	£1.9m
Profit after tax	—	£1.4m	£1.2m
Profit (best available)	—	£1.4m	£1.2m
Staff costs	—	£6.6m	£6.7m
Employees (average)	3	233	232
Ratios
Profit margin	—	10.1%	8.7%
Gross margin	—	52.5%	52.2%
Revenue per employee	—	£59k	£59k
Profit per employee	—	£6k	£5.2k
Cash conversion	—	80.2%	119.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£1	£2.2m	—
Net assets	£1	£10k	£10k
Fixed assets	—	£48m	£48.1m
Current assets	£1	£14m	£5.2m
Debtors	—	£1.5m	£1.8m
Cash from operations	—	£3.2m	£4.5m
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Jul 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 8.7%; Profit ÷ revenue.
Gross margin: 52.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £59k; Revenue ÷ average employees.
Profit per employee: £5.2k; Profit ÷ average employees.
Cash conversion: 119.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 351%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.3%; 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 £10k
Cash at bank: —; Now —
Headcount: —; Now 232
Deferred income: —; Now —
Fixed assets: —; Now £48.1m

Corporate ownership

Group structure

Ownership chain

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

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

Subsidiaries (1)

Mref Allegra Care Holdings LimitedRev. — · Profit −£1.9m

Sister companies (10)

Mreit LimitedRev. £5.5m · Profit £1.6m
Audley Nightingale Lane Holdings LimitedFigures not disclosed
Mref V Bristol Holdings LimitedFigures not disclosed
Mref V Lincoln Holdings LimitedRev. — · Profit −£17k
Mref V MLP Holdings LimitedRev. — · Profit −£17k
Mref V Open Storage Solutions Holdings LimitedRev. — · Profit −£15k
Mref V Open Storage Solutions Holdings Two LimitedRev. — · Profit −£18k
Mref V Storage Holdings LimitedRev. — · Profit −£26k
Trafford Property Feeder GP LimitedFigures not disclosed
Trafford Property Promote GP 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 Dec 2024 (profit £1.2m), 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.