Coyle Personnel Limited
Registered name: COYLE PERSONNEL LIMITED
Part of Blackwater Capital Holdings Limited groupCoyle Personnel Limited made £113m revenue and £2.5m profit in the year to 30 Sep 2025.
Coyle Personnel Limited’s revenue fell 19% to £113m in the year to 30 Sep 2025, with £2.5m profit and 128 employees. The company is classified under “temporary employment agency activities” and is based in Harrow; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Harrow, London
- Age
- 38 yrs · since 1988
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £128m | £153m | £139m | £113m |
| Cost of sales | £106m | £126m | £114m | £93.2m |
| Gross profit | £22.5m | £26.9m | £25.3m | £20.1m |
| Operating profit | £6.4m | £6.4m | £7.3m | £3.8m |
| Profit before tax | £6.4m | £6.4m | £7.4m | £3.8m |
| Profit after tax | £5.2m | £4.8m | £5.4m | £2.5m |
| Profit (best available) | £5.2m | £4.8m | £5.4m | £2.5m |
| Staff costs | £11.2m | £14.3m | £13.3m | £12m |
| Employees (average) | 257 | 305 | 172 | 128 |
| Ratios | ||||
| Profit margin | 4.1% | 3.1% | 3.9% | 2.2% |
| Gross margin | 17.5% | 17.5% | 18.2% | 17.7% |
| Revenue per employee | £500k | £502k | £809k | £885k |
| Profit per employee | £20.3k | £15.7k | £31.2k | £19.8k |
| Cash conversion | −17.8% | −206% | −161.9% | −169.1% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲19.3% | ▼9.2% | ▼18.6% |
| Profit growth | — | ▼8.1% | ▲12.1% | ▼52.9% |
| Headcount growth | — | ▲18.7% | ▼43.6% | ▼25.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2m | £854k | £2.9m | £1.3m |
| Net assets | £15.5m | £15.8m | £16.7m | £12.9m |
| Fixed assets | £921k | £912k | £527k | £306k |
| Current assets | £28.3m | £23.6m | £22.8m | £18.9m |
| Debtors | £24.6m | £19.3m | £14m | £12.6m |
| Deferred income | £328k | £375k | £275k | £249k |
| Cash from operations | −£1.1m | −£13.2m | −£11.9m | −£6.4m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 2.2%
- Profit ÷ revenue.
- Gross margin
- 17.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £885k
- Revenue ÷ average employees.
- Profit per employee
- £19.8k
- Profit ÷ average employees.
- Cash conversion
- −169.1%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.2%
- 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
- ▼23%
- Now £12.9m
- Cash at bank
- ▼54%
- Now £1.3m
- Headcount
- ▼26%
- Now 128
- Deferred income
- ▼9%
- Now £249k
- Fixed assets
- ▼42%
- Now £306k
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
- Blackwater Capital Holdings Limited (registered outside the UK register)ultimate parent75–100%
- Greencastle Holdings Limited75–100%
- Coyle Personnel Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (14)
- Direct Healthcare 24 LimitedRev. £22.5m · Profit £3m
- Greencastle Solutions (UK) LimitedRev. £20.1m · Profit £12.9k
- Nutrix Personnel LimitedRev. £16.7m · Profit £734k
- Mayday Healthcare LimitedRev. £16.6m · Profit £719k
- Alert Health 24 LimitedRev. £8.4m · Profit £1m
- Plan B Healthcare LimitedRev. £6.9m · Profit £349k
- Zentro Solutions LimitedRev. £4.2m · Profit £344k
- Genesis Health Partners LimitedRev. £3.5m · Profit £215k
- Bridgeway Care Solutions LimitedRev. £2.4m · Profit £77.7k
- Change Education LimitedRev. £611k · Profit −£217k
- Panther Software LimitedRev. £574k · Profit £269k
- Coyle Family Investments LtdRev. £0 · Profit £772k
- Amc Professional LimitedFigures not disclosed
- Luna Care Holdings LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £2.5m), from the Companies House accounts bulk data published Jun 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.