WELFORD HEALTHCARE MC LTD
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-07-25 (in 2mo)
Last made up 2025-07-11
Watchouts
None on the register
Cash
£3M
+202.4% vs 2024
Net assets
£3M
+8.4% vs 2024
Employees
510
-10.2% vs 2024
Profit before tax
£3M
-48.6% vs 2024
Net assets
3-year trend · vs Health Care median
Accounts
3-year trend · latest reflected 2025-03-31
| Metric | Trend | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Turnover | — | £22,339,641 | £30,948,448 | |
| Operating profit | — | £4,066,011 | £6,850,265 | |
| Profit before tax | — | £5,001,818 | £2,571,916 | |
| Net profit | — | £4,086,387 | £1,516,861 | |
| Cash | — | £924,570 | £2,795,934 | |
| Total assets less current liabilities | — | £57,273,757 | £52,213,841 | |
| Net assets | — | £2,586,487 | £2,803,348 | |
| Equity | £100 | £2,586,487 | £2,803,348 | |
| Average employees | — | 568 | 510 | |
| Wages | — | £10,707,037 | £14,361,389 | |
| Directors' remuneration | — | £82,500 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+38.5%
£22,339,641 £30,948,448
-
Cash
+202.4%
£924,570 £2,795,934
-
Net assets
+8.4%
£2,586,487 £2,803,348
-
Employees
-10.2%
568 510
-
Operating profit
+68.5%
£4,066,011 £6,850,265
-
Profit before tax
-48.6%
£5,001,818 £2,571,916
-
Wages
+34.1%
£10,707,037 £14,361,389
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Operating margin | — | 18.2% | 22.1% | |
| Net margin | — | 18.3% | 4.9% | |
| Return on capital employed | — | 7.1% | 13.1% | |
| Current ratio | — | 1.00x | 1.57x | |
| Interest cover | — | 2.20x | 1.85x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- WELFORD HEALTHCARE MC LTD 2023-11-22 → present
- WELFORD BIDCO 5 LIMITED 2022-07-12 → 2023-11-22
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Mark J Rees LLP Chartered Accountants
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Significant events
- “Staff Recruitment - the ability to recruit and retain qualified carers and nurses is a continuing challenge for the whole sector. It impacts directly on the costs of operating care homes and the subsequent quality of care delivered.”
- “To mitigate energy consumption, each home has been fitted with solar panels in the year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MADDEN, Martin Peter | Director | 2022-07-12 | Mar 1987 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HOLL, Lucy Ann | Director | 2023-02-08 | 2023-11-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Welford Healthcare Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-07-12 | Active |
Filing timeline
Last 14 of 14 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-11-22 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-23 | AA | accounts | Accounts with accounts type full | |
| 2025-07-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-23 | AA | accounts | Accounts with accounts type full | |
| 2024-07-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-12-21 | AA | accounts | Accounts with accounts type dormant | |
| 2023-12-21 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-11-22 | CERTNM | change-of-name | Certificate change of name company | |
| 2023-11-21 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-08 | CH01 | officers | Change person director company with change date | |
| 2023-02-08 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-07-12 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.