How much does TLC Care Homes Limited make?

TLC Care Homes Limited reported revenue of £20.1m and £2.6m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does TLC Care Homes Limited have?

TLC Care Homes Limited reported an average of 469 employees in the year to 31 Mar 2025.

Is TLC Care Homes Limited profitable?

Yes — TLC Care Homes Limited reported a profit of £2.6m in the year to 31 Mar 2025.

Company No. 03193730 · Incorporated 2 May 1996

TLC Care Homes Limited

Registered name: TLC CARE HOMES LIMITED

Part of Ivolve Care Holdings Limited group

TLC Care Homes Limited made £20.1m revenue and £2.6m profit in the year to 31 Mar 2025.

TLC Care Homes Limited’s revenue grew 30% to £20.1m in the year to 31 Mar 2025, with £2.6m profit and 469 employees. The company is classified under “residential care activities for the elderly and disabled” and is based in Chesterfield; we hold 3 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 87300Residential care activities for the elderly and disabled

Status: Active
Location: Chesterfield, Yorkshire and The Humber
Age: 30 yrs · since 1996
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: “TLC Care Bidco Limited”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightOperating leverage

Revenue

£20.1m

Growth ▲30.4%

Profit

£2.6m

Growth ▲267.2%

Profit margin

13.1%

Gross 41.2%

Employees

469

Change ▲20.6%

Profit / employee

£5.6k

Revenue/employee £42.9k

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 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£14.4m	£15.4m	£20.1m
Cost of sales	£10.2m	£10.8m	£11.8m
Gross profit	£4.2m	£4.6m	£8.3m
Operating profit	£32k	£722k	£2.6m
Profit before tax	−£152k	£716k	£2.6m
Profit after tax	−£152k	£716k	£2.6m
Profit (best available)	−£152k	£716k	£2.6m
Staff costs	£8m	£9.7m	£12.7m
Employees (average)	334	389	469
Ratios
Profit margin	−1.1%	4.6%	13.1%
Gross margin	29.3%	30%	41.2%
Revenue per employee	£43.1k	£39.7k	£42.9k
Profit per employee	−£455	£1.8k	£5.6k
Growth (year on year)
Revenue growth	—	▲7.2%	▲30.4%
Profit growth	—	—	▲267.2%
Headcount growth	—	▲16.5%	▲20.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.4m	£688k	£1.5m
Net assets	£1.7m	£2.5m	£5.1m
Fixed assets	£997k	£886k	£902k
Current assets	£8.2m	£9.5m	£13.2m
Debtors	£755k	£995k	£1.6m
Deferred income	—	—	£531k
Source	Accounts · bulk data Dec 2024	Accounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 13.1%; Profit ÷ revenue.
Gross margin: 41.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £42.9k; Revenue ÷ average employees.
Profit per employee: £5.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.1%; 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: ▲107%; Now £5.1m
Cash at bank: ▲112%; Now £1.5m
Headcount: ▲21%; Now 469
Deferred income: —; Now £531k
Fixed assets: ▲2%; Now £902k

Corporate ownership

Group structure

Ownership chain

Ivolve Care Holdings Limitedultimate parent50–75%
TLC Care Bidco Limited75–100%
TLC Care Homes Limitedthis company

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

Subsidiaries (4)

TLC Care Homes Blamsters Residential LimitedFigures not disclosed
TLC Care Homes Clacton Residential LimitedFigures not disclosed
TLC Care Homes Colchester Supported Living LimitedFigures not disclosed
TLC Care Homes Supported Living LimitedFigures not disclosed

Sister companies (2)

Ivolve 2 Head Office LimitedFigures not disclosed
Ivolve Care Management (TLC) 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 £2.6m), 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.