Spa Nursing Homes Limited
Registered name: SPA NURSING HOMES LIMITED
Part of McLegz Holdings Ltd groupSpa Nursing Homes Limited made £11.8m revenue and £2.3m profit in the year to 30 Nov 2025.
Spa Nursing Homes Limited’s revenue grew 6% to £11.8m in the year to 30 Nov 2025, with £2.3m profit and 317 employees. The company is classified under “residential nursing care facilities” and is based in Belfast; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Belfast, Northern Ireland
- Age
- 34 yrs · since 1991
- 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: “McLegz Holdings Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Nov 2022 | 30 Nov 2023 | 30 Nov 2024 | 30 Nov 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £9m | £10m | £11.1m | £11.8m |
| Cost of sales | £7m | £7.5m | £7.9m | £8.5m |
| Gross profit | £2m | £2.5m | £3.2m | £3.3m |
| Operating profit | £801k | £753k | £1.2m | £1.1m |
| Profit before tax | £656k | £472k | £958k | £2.5m |
| Profit after tax | £554k | £424k | £736k | £2.3m |
| Profit (best available) | £554k | £424k | £736k | £2.3m |
| Staff costs | £6.9m | £7.2m | £7.8m | £8.5m |
| Employees (average) | 284 | 286 | 287 | 317 |
| Ratios | ||||
| Profit margin | 6.1% | 4.2% | 6.6% | 19.4% |
| Gross margin | 21.8% | 25.2% | 28.6% | 27.9% |
| Revenue per employee | £31.7k | £34.9k | £38.7k | £37.3k |
| Profit per employee | £1.9k | £1.5k | £2.6k | £7.2k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲10.8% | ▲11.2% | ▲6.4% |
| Profit growth | — | ▼23.5% | ▲73.7% | ▲211.1% |
| Headcount growth | — | ▲0.7% | ▲0.4% | ▲10.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £977k | £549k | £572k | £880k |
| Net assets | £4m | £4.4m | £5m | £6.1m |
| Fixed assets | £5.9m | £5.8m | £9.7m | £13m |
| Current assets | £3.4m | £3.3m | £4m | £3.3m |
| Debtors | £109k | £129k | £174k | £140k |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 19.4%
- Profit ÷ revenue.
- Gross margin
- 27.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £37.3k
- Revenue ÷ average employees.
- Profit per employee
- £7.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 109.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.2%
- 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
- ▲21%
- Now £6.1m
- Cash at bank
- ▲54%
- Now £880k
- Headcount
- ▲10%
- Now 317
- Deferred income
- —
- Now —
- Fixed assets
- ▲33%
- Now £13m
Group structure
Ownership chain
- McLegz Holdings Ltdultimate parent75–100%
- Spa Nursing Homes Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Town and Country Care Home LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Nov 2025 (profit £2.3m), from the Companies House accounts bulk data published Aug 2026. 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.