Locators Limited
Registered name: LOCATORS LIMITED
Part of Cowles Group Holdings Limited groupLocators 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.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 | 31 Oct 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&Lread from filing text | Full 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) | 76 | 73 | 76 | 76 |
| Ratios | ||||
| Profit margin | 3.2% | 6.1% | 4.3% | 3.2% |
| Gross margin | 23.3% | 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 |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jul 2026 | FullAccounts · bulk data Jul 2026 |
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.
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.
Group structure
Ownership chain
- Cowles Group Holdings Limitedultimate parent75–100%
- Cowles Holdings Limited75–100%
- Locators Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Liftx LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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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.