UK Companies House feature
WELFORD HEALTHCARE MC LTD
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
Profile
- Company number
- 14227741
- Status
- Active
- Incorporation
- 2022-07-12
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 87300
- Hubs
- UK Healthcare
Net assets
3-year trend · vs UK Healthcare median
Accounts
3-year trend · latest 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 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- 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 / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. 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
| 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 |
Credit score
Altman Z″ (private-firm) · reference 2025-03-31
1.15
GREY ZONE
Altman Z″
- Working capital / Total assets 0.043 × 6.56 = +0.28
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.121 × 6.72 = +0.82
- Book equity / Total liabilities 0.052 × 1.05 = +0.05
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Composite activity score · components 0–100 · reference 2026-05-10
23.4
COLD
/ 100
- Filings velocity 17
- Capital events 0
- Officer churn 0
- Headcount trajectory 40
- Accounts trajectory 89
- 2 filing(s) in last 12 months
- Employees -10% YoY
- Turnover +39% YoY