How much does Milkwood Care Ltd make?

Milkwood Care Ltd reported revenue of £17m and £1.3m profit in the year to 31 Oct 2025, according to its accounts filed at Companies House.

How many employees does Milkwood Care Ltd have?

Milkwood Care Ltd reported an average of 410 employees in the year to 31 Oct 2025.

Is Milkwood Care Ltd profitable?

Yes — Milkwood Care Ltd reported a profit of £1.3m in the year to 31 Oct 2025.

Company No. 03729130 · Incorporated 9 Mar 1999

Milkwood Care Ltd

Registered name: MILKWOOD CARE LTD

Part of Quinton House Care Limited group

Milkwood Care Ltd made £17m revenue and £1.3m profit in the year to 31 Oct 2025.

Milkwood Care Ltd’s revenue grew 2% to £17m in the year to 31 Oct 2025, with £1.3m profit and 410 employees. The company is classified under “residential nursing care facilities” and is based in Petersfield; we hold 4 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 87100Residential nursing care facilities SIC 87200Residential care activities for learning difficulties, mental health and substance abuse SIC 87300Residential care activities for the elderly and disabled

Status: Active
Location: Petersfield, South East
Age: 27 yrs · since 1999
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.

Latest accounts · year to 31 Oct 2025

Key figures

Operating leverageDoing more with lessCash flow filed

Revenue

£17m

Growth ▲2.4%

Profit

£1.3m

Growth ▲50.5%

Profit margin

7.4%

Gross 28.4%

Employees

410

Change ▼7.2%

Profit / employee

£3.1k

Revenue/employee £41.5k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2022	31 Oct 2023	31 Oct 2024	31 Oct 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£14.8m	£15.9m	£16.6m	£17m
Cost of sales	£10m	£10.9m	£12.1m	£12.2m
Gross profit	£4.9m	£5.1m	£4.6m	£4.8m
Operating profit	£2.6m	£2.2m	£1.8m	£2m
Profit before tax	£2.3m	£1.6m	£1.2m	£1.4m
Profit after tax	£1.8m	£1.2m	£834k	£1.3m
Profit (best available)	£1.8m	£1.2m	£834k	£1.3m
Staff costs	£9.4m	£10.1m	—	—
Employees (average)	432	434	442	410
Ratios
Profit margin	12.1%	7.5%	5%	7.4%
Gross margin	32.9%	31.9%	27.5%	28.4%
Revenue per employee	£34.3k	£36.7k	£37.6k	£41.5k
Profit per employee	£4.2k	£2.8k	£1.9k	£3.1k
Cash conversion	50.9%	45.9%	88.6%	−28.3%
Growth (year on year)
Revenue growth	—	▲7.4%	▲4.4%	▲2.4%
Profit growth	—	▼33.1%	▼30.6%	▲50.5%
Headcount growth	—	▲0.5%	▲1.8%	▼7.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.2m	£594k	£587k	£2m
Net assets	£18.3m	£19.1m	£19.6m	£20.4m
Fixed assets	£27m	£26.6m	£26.3m	£22.8m
Current assets	£4.7m	£5.6m	£5.9m	£9.2m
Debtors	£442k	£273k	£361k	£202k
Deferred income	£710k	£847k	£1m	£740k
Cash from operations	£1.3m	£1m	£1.6m	−£556k
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data May 2026

Derived from the latest filing

How the business works

Profit margin: 7.4%; Profit ÷ revenue.
Gross margin: 28.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £41.5k; Revenue ÷ average employees.
Profit per employee: £3.1k; Profit ÷ average employees.
Cash conversion: −28.3%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 133.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.2%; 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: ▲4%; Now £20.4m
Cash at bank: ▲232%; Now £2m
Headcount: ▼7%; Now 410
Deferred income: ▼26%; Now £740k
Fixed assets: ▼13%; Now £22.8m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Quinton House Care Limitedultimate parent75–100%
Milkwood Care Ltdthis company

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

Sister companies (5)

Holmwood House Care LimitedRev. £3.5m · Profit £110k
Alexander Court Care Home LimitedFigures not disclosed
County Care Homes LimitedFigures not disclosed
Quinton House LimitedFigures not disclosed
White Gables Care 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 Oct 2025 (profit £1.3m), from the Companies House accounts bulk data published May 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.