How much does Picow Engineering Limited make?

Picow Engineering Limited reported revenue of £27.1m and £960k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Picow Engineering Limited have?

Picow Engineering Limited reported an average of 153 employees in the year to 31 Dec 2025.

Is Picow Engineering Limited profitable?

Yes — Picow Engineering Limited reported a profit of £960k in the year to 31 Dec 2025.

Company No. 01466425 · Incorporated 12 Dec 1979

Picow Engineering Limited

Registered name: PICOW ENGINEERING LIMITED

Part of Picow Engineering Group Ltd. group

Picow Engineering Limited made £27.1m revenue and £960k profit in the year to 31 Dec 2025.

Picow Engineering Limited’s revenue grew 22% to £27.1m in the year to 31 Dec 2025, with £960k profit and 153 employees. The company is classified under “electrical installation” and is based in Runcorn; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43210Electrical installation

Status: Active
Location: Runcorn, North West
Age: 46 yrs · since 1979
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 Dec 2025

Key figures

Capital-lightBoring industry

Revenue

£27.1m

Growth ▲22.4%

Profit

£960k

Growth ▼23.8%

Profit margin

3.5%

Gross 20.4%

Employees

153

Change ▲17.7%

Profit / employee

£6.3k

Revenue/employee £177k

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 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£13.8m	£21.9m	£22.1m	£27.1m
Cost of sales	£10.1m	£16.1m	£16.4m	£21.5m
Gross profit	£3.8m	£5.8m	£5.7m	£5.5m
Operating profit	£701k	£1.5m	£1.7m	£1.3m
Profit before tax	£700k	£1.5m	£1.7m	£1.3m
Profit after tax	£582k	£1.1m	£1.3m	£960k
Profit (best available)	£582k	£1.1m	£1.3m	£960k
Staff costs	£4.8m	£7.4m	£8.7m	£10.7m
Employees (average)	108	123	130	153
Ratios
Profit margin	4.2%	5%	5.7%	3.5%
Gross margin	27.4%	26.4%	25.7%	20.4%
Revenue per employee	£128k	£178k	£170k	£177k
Profit per employee	£5.4k	£9k	£9.7k	£6.3k
Growth (year on year)
Revenue growth	—	▲57.9%	▲1.1%	▲22.4%
Profit growth	—	▲89.4%	▲14.4%	▼23.8%
Headcount growth	—	▲13.9%	▲5.7%	▲17.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£850k	£842k	£150k	£61.7k
Net assets	£2.7m	£3.1m	£4.2m	£4.2m
Fixed assets	£59.5k	£40.2k	£46.1k	£38.9k
Current assets	£5.7m	£9.4m	£9.1m	£8.1m
Debtors	£2.5m	£5.8m	£5.6m	£5.5m
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: 3.5%; Profit ÷ revenue.
Gross margin: 20.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £177k; Revenue ÷ average employees.
Profit per employee: £6.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 20.4%; 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: ▲1%; Now £4.2m
Cash at bank: ▼59%; Now £61.7k
Headcount: ▲18%; Now 153
Deferred income: —; Now —
Fixed assets: ▼16%; Now £38.9k

Corporate ownership

Group structure

Ownership chain

Picow Engineering Group Ltd.ultimate parent75–100%
Picow Engineering Limitedthis company

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

Sister companies (1)

Picow Developments LimitedFigures not disclosed

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

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £960k), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.

Updated from Companies House on 15 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.