H.W. Coates (Holdings) Limited
Registered name: H.W. COATES (HOLDINGS) LIMITED
H.W. Coates (Holdings) Limited made £99.7m revenue and £31m profit in the year to 31 Dec 2025.
H.W. Coates (Holdings) Limited’s revenue grew 4% to £99.7m in the year to 31 Dec 2025, with £31m profit and 447 employees. The company is classified under “dormant company” and is based in Lutterworth; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Lutterworth, East Midlands
- Age
- 16 yrs · since 2009
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £93.6m | £96.3m | £99.7m |
| Cost of sales | −£57.5m | −£59m | −£61.7m |
| Gross profit | £36.1m | £37.3m | £38.1m |
| Operating profit | £24.6m | £25m | £25.5m |
| Profit before tax | £26.4m | £31m | £39.2m |
| Profit after tax | £20m | £24.3m | £31m |
| Profit (best available) | £20m | £24.3m | £31m |
| Employees (average) | 444 | 429 | 447 |
| Ratios | |||
| Profit margin | 21.3% | 25.2% | 31.1% |
| Gross margin | 38.6% | 38.7% | 38.2% |
| Revenue per employee | £211k | £224k | £223k |
| Profit per employee | £44.9k | £56.7k | £69.3k |
| Growth (year on year) | |||
| Revenue growth | — | ▲2.9% | ▲3.6% |
| Profit growth | — | ▲21.8% | ▲27.5% |
| Headcount growth | — | ▼3.4% | ▲4.2% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data May 2025 | Accounts · bulk data May 2025 | Accounts · bulk data May 2026 |
How the business works
- Profit margin
- 31.1%
- Profit ÷ revenue.
- Gross margin
- 38.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £223k
- Revenue ÷ average employees.
- Profit per employee
- £69.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲4%
- Now 447
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (1)
- H.W. Coates LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £31m), from the Companies House accounts bulk data published May 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.