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Company No. 05168102 · Incorporated 1 Jul 2004

Pinetree Care Services Limited

Registered name: PINETREE CARE SERVICES LIMITED

Part of Iris Care Group Limited group

Pinetree Care Services Limited made £9.2m revenue and £2.2m profit in the year to 31 Mar 2025.

Pinetree Care Services Limited’s revenue grew 13% to £9.2m in the year to 31 Mar 2025, with £2.2m profit and 144 employees. The company is classified under “hospital activities” and is based in Cardiff; we hold 4 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 86101Hospital activities
Status
Active
Location
Cardiff, Wales
Age
22 yrs · since 2004
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: “Ludlow Street Healthcare Group Limited”

Latest accounts · year to 31 Mar 2025

Key figures

Operating leverage
Revenue
£9.2m
Growth ▲12.8%
Profit
£2.2m
Growth ▲81.6%
Profit margin
23.7%
Gross 34.8%
Employees
144
Change ▲19%
Profit / employee
£15.1k
Revenue/employee £63.9k
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 to30 Apr 202230 Apr 202330 Apr 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£6.2m£6.8m£8.2m£9.2m
Cost of sales£4.3m£5m£5.7m£6m
Gross profit£1.9m£1.8m£2.5m£3.2m
Operating profit——£1.4m£2.2m
Profit before tax£600k£408k£1.3m£2.1m
Profit after tax£356k£368k£1.2m£2.2m
Profit (best available)£356k£368k£1.2m£2.2m
Staff costs£3m£3.6m£4.1m£4.6m
Employees (average)107119121144
Ratios
Profit margin5.8%5.4%14.7%23.7%
Gross margin30.7%26.6%30.1%34.8%
Revenue per employee£57.7k£57.4k£67.4k£63.9k
Profit per employee£3.3k£3.1k£9.9k£15.1k
Growth (year on year)
Revenue growth—▲10.7%▲19.4%▲12.8%
Profit growth—▲3.4%▲225.9%▲81.6%
Headcount growth—▲11.2%▲1.7%▲19%
Balance sheet — indirect signals, not revenue
Cash at bank£408k£397k£409k£426k
Net assets£2.7m£2.9m£4.1m£6.3m
Fixed assets£6.9m£7m£7.1m£7.4m
Current assets£1.1m£1.1m£1.5m£1.6m
Debtors£472k£447k£908k£915k
SourceAccounts · bulk data Jan 2024Accounts · bulk data Jan 2024Accounts · bulk data Jan 2025FullAccounts · bulk data Nov 2025
Derived from the latest filing

How the business works

Profit margin
23.7%
Profit ÷ revenue.
Gross margin
34.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£63.9k
Revenue ÷ average employees.
Profit per employee
£15.1k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
80.3%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
10%
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
▲53%
Now £6.3m
Cash at bank
▲4%
Now £426k
Headcount
▲19%
Now 144
Deferred income
—
Now —
Fixed assets
▲4%
Now £7.4m
Corporate ownership

Group structure

Ownership chain

  1. Iris Care Group Limitedultimate parent75–100%
  2. Iris Care Group Midco Limited75–100%
  3. Iris Care Group Midco 2 Limited75–100%
  4. Iris Care Group (Wales) Limited75–100%
  5. Ludlow Street Healthcare Group Limited75–100%
  6. Pinetree Care Services Limitedthis company

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

Sister companies (6)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £2.2m), from the Companies House accounts bulk data published Nov 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.