Technocover Ltd.
Registered name: TECHNOCOVER LTD.
Part of Threesixty Holdco 4 Limited groupTechnocover Ltd. made £12.2m revenue and £438k profit in the year to 31 Dec 2025.
Technocover Ltd.’s revenue fell 5% to £12.2m in the year to 31 Dec 2025, with £438k profit and 128 employees. The company is classified under “manufacture of other fabricated metal products” and is based in Welshpool; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Welshpool, West Midlands
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 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) | £5.3m | £16.6m | £12.8m | £12.2m |
| Cost of sales | £3.1m | £9.2m | £7.2m | £6.8m |
| Gross profit | £2.2m | £7.4m | £5.6m | £5.4m |
| Operating profit | £1.5m | £1.4m | £1.1m | £704k |
| Profit before tax | £1.5m | £1.2m | £981k | £583k |
| Profit after tax | £1.2m | £1.1m | £736k | £438k |
| Profit (best available) | £1.2m | £1.1m | £736k | £438k |
| Staff costs | £2m | £7.3m | £5.4m | £5.6m |
| Employees (average) | 128 | 124 | 131 | 128 |
| Ratios | ||||
| Profit margin | 23.3% | 6.5% | 5.7% | 3.6% |
| Gross margin | 42.2% | 44.3% | 43.9% | 44% |
| Revenue per employee | £41.3k | £134k | £97.9k | £95.2k |
| Profit per employee | £9.6k | £8.7k | £5.6k | £3.4k |
| Cash conversion | 142.5% | −44.5% | 33.8% | — |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼22.8% | ▼5% |
| Profit growth | — | — | ▼32.1% | ▼40.4% |
| Headcount growth | — | — | ▲5.7% | ▼2.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.5m | £92.6k | £98.6k | £71.5k |
| Net assets | £1.1m | £1.9m | £2.3m | £2.4m |
| Fixed assets | £312k | £310k | £841k | £851k |
| Current assets | £5.2m | £4.3m | £5m | £4.3m |
| Debtors | £1.7m | £1.7m | £2.1m | £1.8m |
| Deferred income | £387k | £726k | £533k | £477k |
| Cash from operations | £2.1m | −£618k | £363k | — |
| Source | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 3.6%
- Profit ÷ revenue.
- Gross margin
- 44%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £95.2k
- Revenue ÷ average employees.
- Profit per employee
- £3.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.9%
- 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
- ▲4%
- Now £2.4m
- Cash at bank
- ▼27%
- Now £71.5k
- Headcount
- ▼2%
- Now 128
- Deferred income
- ▼10%
- Now £477k
- Fixed assets
- ▲1%
- Now £851k
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
- Threesixty Holdco 4 Limitedultimate parent75–100%
- Threesixty Investco 4 Limited75–100%
- Technocover Ltd.this company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £438k), from the Companies House accounts bulk data published Sep 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.