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Company No. 01913388 · Incorporated 14 May 1985

Locators Limited

Registered name: LOCATORS LIMITED

Part of Cowles Group Holdings Limited group

Locators Limited made £22.4m revenue and £717k profit in the year to 31 Oct 2025. read from filing text

Locators Limited’s revenue fell 11% to £22.4m in the year to 31 Oct 2025, with £717k profit and 76 employees. The company is classified under “other specialised construction activities” and is based in Wimborne; we hold 4 years of its filed accounts.

Status
Active
Location
Wimborne, South West
Age
41 yrs · since 1985
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: “Cowles Group Holdings Limited is regarded by the directors as being the company's ultimate parent company.”

Latest accounts · year to 31 Oct 2025

Key figures

Capital-lightBoring industryCash flow filed
Revenue
£22.4m
Growth ▼11.1%
Profit
£717k
Growth ▼33.2%
Profit margin
3.2%
Gross 21.2%
Employees
76
Change 0%
Profit / employee
£9.4k
Revenue/employee £295k
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 to31 Oct 202231 Oct 202331 Oct 202431 Oct 2025
DisclosureFull P&LFull P&LFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£25.2m£31.1m£25.2m£22.4m
Cost of sales£19.4m£24.6m£19.5m£17.6m
Gross profit£5.9m£6.5m£5.7m£4.8m
Operating profit£1m£2.4m£1.4m£952k
Profit before tax£1m£2.5m£1.4m£949k
Profit after tax£818k£1.9m£1.1m£717k
Profit (best available)£818k£1.9m£1.1m£717k
Staff costs£4.4m£4m£4.5m£4.6m
Employees (average)76737676
Ratios
Profit margin3.2%6.1%4.3%3.2%
Gross margin23.3%20.8%22.5%21.2%
Revenue per employee£332k£426k£332k£295k
Profit per employee£10.8k£25.9k£14.1k£9.4k
Cash conversion−0.9%−59.4%−154.6%−157.5%
Growth (year on year)
Revenue growth—▲23.3%▼19%▼11.1%
Profit growth—▲130.8%▼43.2%▼33.2%
Headcount growth—▼4%▲4.1%0%
Balance sheet — indirect signals, not revenue
Cash at bank£2.1m£2.5m£1.7m£1.2m
Net assets£4m£5.8m£4.6m£3.7m
Fixed assets£1.1m£1.1m£944k£854k
Current assets£9.5m£9.9m£8.4m£6.9m
Debtors£2.9m£2.1m£1.9m£1.4m
Deferred income£3.4m£1.7m£1.4m£1.3m
Cash from operations−£9k−£1.4m−£2.2m−£1.5m
SourceFullAccounts · bulk data Jun 2024FullAccounts · bulk data Jun 2024FullAccounts · bulk data Jul 2026FullAccounts · bulk data Jul 2026
Derived from the latest filing

How the business works

Profit margin
3.2%
Profit ÷ revenue.
Gross margin
21.2%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£295k
Revenue ÷ average employees.
Profit per employee
£9.4k
Profit ÷ average employees.
Cash conversion
−157.5%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
3.8%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
5.7%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
6.4%
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
▼19%
Now £3.7m
Cash at bank
▼31%
Now £1.2m
Headcount
0%
Now 76
Deferred income
▼9%
Now £1.3m
Fixed assets
▼10%
Now £854k

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

  1. Cowles Group Holdings Limitedultimate parent75–100%
  2. Cowles Holdings Limited75–100%
  3. Locators Limitedthis company

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

Sister companies (1)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £717k), from the Companies House accounts bulk data published Jul 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.