Careco (UK) Limited
Registered name: CARECO (UK) LIMITED
Part of Mobilitas Group Limited groupCareco (UK) Limited made £84.5m revenue and £4.7m profit in the year to 31 Mar 2025.
Careco (UK) Limited’s revenue grew 29% to £84.5m in the year to 31 Mar 2025, with £4.7m profit. The company is classified under “retail sale of medical and orthopaedic goods in specialised stores (not incl. hearing aids)” and is based in Braintree; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Braintree, East of England
- Age
- 17 yrs · since 2009
- 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: “The parent company of Careco (UK) Limited is Mobilitas Group Limited (previously Careco Europe Limited), a company registered in England and Wales, with its registered office at 1 Turing Court, Great ”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £54.5m | £57m | £65.5m | £84.5m |
| Cost of sales | £30.2m | £26.6m | −£29.9m | −£37.5m |
| Gross profit | £24.3m | £30.4m | £35.6m | £47m |
| Operating profit | £2m | £1.2m | £4.9m | £7.3m |
| Profit before tax | £2m | £934k | £4m | £6.3m |
| Profit after tax | £2.3m | £696k | £3.2m | £4.7m |
| Profit (best available) | £2.3m | £696k | £3.2m | £4.7m |
| Staff costs | £6.9m | £10m | — | — |
| Employees (average) | 234 | 308 | — | — |
| Ratios | ||||
| Profit margin | 4.1% | 1.2% | 4.9% | 5.5% |
| Gross margin | 44.6% | 53.3% | 54.4% | 55.6% |
| Revenue per employee | £233k | £185k | — | — |
| Profit per employee | £9.6k | £2.3k | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲4.7% | ▲14.9% | ▲29% |
| Profit growth | — | ▼69.1% | ▲359.9% | ▲45.6% |
| Headcount growth | — | ▲31.6% | — | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.7m | £2.4m | — | — |
| Net assets | £7.2m | £7.6m | — | — |
| Fixed assets | £10.3m | £16.4m | — | — |
| Current assets | £14m | £20.1m | — | — |
| Debtors | £1.6m | £1.9m | — | — |
| Deferred income | £473k | £583k | — | — |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | Accounts · bulk data Feb 2025 | Accounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 5.5%
- Profit ÷ revenue.
- Gross margin
- 55.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Mobilitas Group Limitedultimate parent75–100%
- Careco (UK) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (7)
- Aquabathe LtdFigures not disclosed
- Globegold LimitedFigures not disclosed
- Healthcare Stores LtdFigures not disclosed
- Mobigo-UK LimitedFigures not disclosed
- Motion Healthcare LimitedFigures not disclosed
- NRS-EU LimitedFigures not disclosed
- NRS-UK LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Charles S. Bullen Stomacare LimitedLiverpool · Retail sale of medical and orthopaedic goods in specialised stores (not incl. hearing aids) n.e.c.
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- Staff
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- Atos Medical UK LimitedNottingham · Retail sale of medical and orthopaedic goods in specialised stores (not incl. hearing aids) n.e.c.
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- Rapidcare Medical LimitedCrawley · Retail sale of medical and orthopaedic goods in specialised stores (not incl. hearing aids) n.e.c.
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- Oak Tree Mobility LimitedBristol · Retail sale of medical and orthopaedic goods in specialised stores (not incl. hearing aids) n.e.c.
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- £25.9m
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- Lawmed LtdLondon · Retail sale of medical and orthopaedic goods in specialised stores (not incl. hearing aids) n.e.c.
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- Scrivens LimitedBirmingham · Retail sale of hearing aids
- Revenue
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- Profit
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- Staff
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Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit £4.7m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Updated from Companies House on 24 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.