Locum People Ltd
Registered name: LOCUM PEOPLE LTD
Part of Cook Recruitment Group Ltd groupLocum People Ltd made £24.1m revenue and £16.9k profit in the year to 28 Feb 2025.
Locum People Ltd’s revenue fell 28% to £24.1m in the year to 28 Feb 2025, with £16.9k profit and 48 employees. The company is classified under “other activities of employment placement agencies” and is based in Milton Keynes; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Milton Keynes, South East
- Age
- 14 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2022 | 28 Feb 2023 | 29 Feb 2024 | 28 Feb 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £19.4m | £30.7m | £33.5m | £24.1m |
| Cost of sales | £14.9m | £24.1m | £26.5m | £19.4m |
| Gross profit | £4.6m | £6.6m | £7m | £4.7m |
| Operating profit | £1.3m | £1.7m | £1.4m | £65.5k |
| Profit before tax | £1.3m | £1.7m | £1.4m | £47.2k |
| Profit after tax | £1m | £1.3m | £1m | £16.9k |
| Profit (best available) | £1m | £1.3m | £1m | £16.9k |
| Staff costs | £2.4m | £4.2m | £5.2m | £2.9m |
| Employees (average) | 35 | 47 | 55 | 48 |
| Ratios | ||||
| Profit margin | 5.3% | 4.3% | 3% | 0.1% |
| Gross margin | 23.5% | 21.6% | 20.8% | 19.7% |
| Revenue per employee | £555k | £654k | £609k | £503k |
| Profit per employee | £29.6k | £28.5k | £18.2k | £351 |
| Growth (year on year) | ||||
| Revenue growth | — | ▲58.1% | ▲9% | ▼28% |
| Profit growth | — | ▲29.3% | ▼25.3% | ▼98.3% |
| Headcount growth | — | ▲34.3% | ▲17% | ▼12.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £183k | £204k | £89.3k | £255k |
| Net assets | £1.5m | £2.2m | £2.2m | £2.3m |
| Current assets | £6.1m | £10.9m | £9.7m | £7.6m |
| Debtors | £3.6m | £4.9m | £3.8m | £2.4m |
| Deferred income | £238k | £233k | £414k | £215k |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 0.1%
- Profit ÷ revenue.
- Gross margin
- 19.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £503k
- Revenue ÷ average employees.
- Profit per employee
- £351
- 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
- 0.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.1%
- 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
- ▲1%
- Now £2.3m
- Cash at bank
- ▲185%
- Now £255k
- Headcount
- ▼13%
- Now 48
- Deferred income
- ▼48%
- Now £215k
- Fixed assets
- —
- Now —
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
- Cook Recruitment Group Ltdultimate parent75–100%
- Locum People Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- National Locums LtdRev. £35.2m · Profit £3.8k
- Medi Team Recruitment LtdRev. £17.3m · Profit −£13.3k
From the Persons with Significant Control register (corporate controllers only).
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- Careermakers Recruitment (UK) LtdManchester · Other activities of employment placement agencies
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Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £16.9k), 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.