C W Research Limited
Registered name: C W RESEARCH LIMITED
C W Research Limited made £15m revenue and £3.1m profit in the year to 31 Dec 2025.
C W Research Limited’s revenue grew 11% to £15m in the year to 31 Dec 2025, with £3.1m profit and 106 employees. The company is classified under “publishing of consumer and business journals and periodicals” and is based in Shrewsbury; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Shrewsbury, West Midlands
- Age
- 17 yrs · since 2009
- 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: “CGE Partners LP”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 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) | £9.4m | £11.3m | £13.5m | £15m |
| Operating profit | £2.1m | £2.2m | £2.4m | — |
| Profit before tax | £2.1m | £2.2m | £2.4m | £3.1m |
| Profit after tax | £1.7m | £1.8m | £3.3m | £3.1m |
| Profit (best available) | £1.7m | £1.8m | £3.3m | £3.1m |
| Staff costs | £4m | £5.6m | £7.3m | £7.6m |
| Employees (average) | 78 | 91 | 106 | 106 |
| Ratios | ||||
| Profit margin | 18.4% | 15.6% | 24.3% | 20.8% |
| Revenue per employee | £120k | £124k | £127k | £141k |
| Profit per employee | £22.1k | £19.4k | £31k | £29.4k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲20.3% | ▲19.7% | ▲10.9% |
| Profit growth | — | ▲2.1% | ▲86.2% | ▼5.2% |
| Headcount growth | — | ▲16.7% | ▲16.5% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £687k | £324k | £232k | £431k |
| Net assets | £3.6m | £5.4m | £8.7m | £4.3m |
| Fixed assets | £787k | £787k | £632k | £377k |
| Current assets | £8.4m | £11.6m | £19m | £13.7m |
| Debtors | £2m | £3m | £3.6m | £2.4m |
| Deferred income | £4.7m | £6.4m | £7.7m | £7.2m |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 20.8%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £141k
- Revenue ÷ average employees.
- Profit per employee
- £29.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 48%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 15.8%
- 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
- ▼51%
- Now £4.3m
- Cash at bank
- ▲86%
- Now £431k
- Headcount
- 0%
- Now 106
- Deferred income
- ▼6%
- Now £7.2m
- Fixed assets
- ▼40%
- Now £377k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £3.1m), from the Companies House accounts bulk data published Apr 2026. Spotted an error? Request a correction.
Updated from Companies House on 25 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.