How much does Cpi Antony Rowe Ltd make?

Cpi Antony Rowe Ltd reported revenue of £45.4m and a loss of £547k in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Cpi Antony Rowe Ltd have?

Cpi Antony Rowe Ltd reported an average of 316 employees in the year to 31 Mar 2025.

Is Cpi Antony Rowe Ltd profitable?

No — Cpi Antony Rowe Ltd reported a loss of £547k in the year to 31 Mar 2025.

Company No. 02823354 · Incorporated 2 Jun 1993

Cpi Antony Rowe Ltd

Registered name: CPI ANTONY ROWE LTD

Part of Bidco 3 Limited group

Cpi Antony Rowe Ltd made £45.4m revenue and a £547k loss in the year to 31 Mar 2025. read from filing text

Cpi Antony Rowe Ltd’s revenue fell 4% to £45.4m in the year to 31 Mar 2025, with a loss of £547k and 316 employees. The company is classified under “printing” and is based in Croydon; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 18129Printing n.e.c.

Status: Active
Location: Croydon, London
Age: 33 yrs · since 1993
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 Mar 2025

Key figures

Revenue

£45.4m

Growth ▼3.8%

Profit

−£547k

Growth ▼559.7%

Profit margin

−1.2%

Gross 24.1%

Employees

316

Change ▼1.6%

Profit / employee

−£1.7k

Revenue/employee £144k

Profitable streak

0yrs

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 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£45.1m	£49.4m	£47.2m	£45.4m
Cost of sales	£35.2m	£36.8m	£34.9m	£34.5m
Gross profit	£9.9m	£12.6m	£12.3m	£10.9m
Operating profit	£1.1m	£2.8m	£627k	−£54k
Profit before tax	£644k	£2.2m	£119k	−£547k
Profit (best available)	£644k	£2.2m	£119k	−£547k
Staff costs	£9.8m	£11.1m	£11.3m	—
Employees (average)	329	331	321	316
Ratios
Profit margin	1.4%	4.5%	0.3%	−1.2%
Gross margin	21.9%	25.5%	26.1%	24.1%
Revenue per employee	£137k	£149k	£147k	£144k
Profit per employee	£2k	£6.8k	£371	−£1.7k
Growth (year on year)
Revenue growth	—	▲9.6%	▼4.4%	▼3.8%
Profit growth	—	▲248%	▼94.7%	▼559.7%
Headcount growth	—	▲0.6%	▼3%	▼1.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£7.4m	£2.2m	£3.6m	£2.2m
Net assets	£5.5m	£7.2m	£7.5m	£7m
Fixed assets	£13.7m	£12.5m	£10.5m	£9.2m
Debtors	£8.7m	£8.2m	£6.3m	£6.1m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: −1.2%; Profit ÷ revenue.
Gross margin: 24.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £144k; Revenue ÷ average employees.
Profit per employee: −£1.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 20.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.3%; 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: ▼8%; Now £7m
Cash at bank: ▼40%; Now £2.2m
Headcount: ▼2%; Now 316
Deferred income: —; Now —
Fixed assets: ▼13%; Now £9.2m

Corporate ownership

Group structure

Ownership chain

Bidco 3 Limitedultimate parent75–100%
Elpis Holdings Limited75–100%
Elpis Finance Limited75–100%
Elpis Management Limited75–100%
Elpis 2022 Limited75–100%
Cpi Group (UK) Ltd75–100%
Cpi Antony Rowe Ltdthis company

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

Sister companies (2)

Cpi William Clowes LtdRev. £7.6m · Profit −£969k
Cpi Colour LtdRev. £240k · Profit £212k

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£547k), from the Companies House accounts bulk data published Nov 2025. 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.