How much does Coyle Equipment Services Limited make?

Coyle Equipment Services Limited reported revenue of £14.8m and £2m profit in the year to 31 Jul 2025, according to its accounts filed at Companies House.

How many employees does Coyle Equipment Services Limited have?

Coyle Equipment Services Limited reported an average of 54 employees in the year to 31 Jul 2025.

Is Coyle Equipment Services Limited profitable?

Yes — Coyle Equipment Services Limited reported a profit of £2m in the year to 31 Jul 2025.

Company No. 07528982 · Incorporated 14 Feb 2011

Coyle Equipment Services Limited

Registered name: COYLE EQUIPMENT SERVICES LIMITED

Part of Canal Wharf Holdings Ltd group

Coyle Equipment Services Limited made £14.8m revenue and £2m profit in the year to 31 Jul 2025.

Coyle Equipment Services Limited’s revenue grew 10% to £14.8m in the year to 31 Jul 2025, with £2m profit and 54 employees. The company is classified under “repair of machinery” and is based in Greenford; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 33120Repair of machinery SIC 33190Repair of other equipment SIC 77320Renting and leasing of construction and civil engineering machinery and equipment

Status: Active
Location: Greenford, London
Age: 15 yrs · since 2011
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 Jul 2025

Key figures

Boring industry

Revenue

£14.8m

Growth ▲9.9%

Profit

£2m

Growth ▲1%

Profit margin

13.2%

Gross 62.5%

Employees

Change ▲28.6%

Profit / employee

£36.2k

Revenue/employee £273k

Profitable streak

4yrs

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 Jul 2022	31 Jul 2023	31 Jul 2024	31 Jul 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£12.2m	£14.3m	£13.4m	£14.8m
Cost of sales	£6.6m	£5.8m	£5.5m	£5.5m
Gross profit	£5.5m	£8.5m	£7.9m	£9.2m
Operating profit	£3.4m	£5.5m	£2.4m	£2.4m
Profit before tax	£3.4m	£5.5m	£2.4m	£2.5m
Profit after tax	£3m	£4.4m	£1.9m	£2m
Profit (best available)	£3m	£4.4m	£1.9m	£2m
Staff costs	£953k	£1.5m	£1.8m	£2.4m
Employees (average)	21	32	42	54
Ratios
Profit margin	24.6%	30.8%	14.4%	13.2%
Gross margin	45.4%	59.5%	59.1%	62.5%
Revenue per employee	£579k	£446k	£320k	£273k
Profit per employee	£142k	£138k	£46.1k	£36.2k
Growth (year on year)
Revenue growth	—	▲17.4%	▼5.9%	▲9.9%
Profit growth	—	▲47.3%	▼56.1%	▲1%
Headcount growth	—	▲52.4%	▲31.3%	▲28.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£799k	£3.1m	£3.6m	£3.1m
Net assets	£5.7m	£10.1m	£10m	£10.4m
Fixed assets	£4.5m	£5.8m	£6.1m	£6.4m
Current assets	£5.8m	£9m	£9.7m	£10m
Debtors	£3.1m	£3.1m	£3m	£3.7m
Deferred income	£13.4k	£41.6k	£372k	£58.9k
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Feb 2025	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 13.2%; Profit ÷ revenue.
Gross margin: 62.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £273k; Revenue ÷ average employees.
Profit per employee: £36.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 43.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 24.8%; 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: ▲5%; Now £10.4m
Cash at bank: ▼15%; Now £3.1m
Headcount: ▲29%; Now 54
Deferred income: ▼84%; Now £58.9k
Fixed assets: ▲6%; Now £6.4m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Canal Wharf Holdings Ltdultimate parent75–100%
Coyle Equipment Services Limitedthis company

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

Sister companies (1)

Okb Attachments LimitedFigures not disclosed

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 Jul 2025 (profit £2m), from the Companies House accounts bulk data published Feb 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.