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Company No. 08073879 · Incorporated 17 May 2012

Cubico (UK) Limited

Registered name: CUBICO (UK) LIMITED

Part of Cubico Group Limited group

Cubico (UK) Limited made £110m revenue and £194k profit in the year to 28 Feb 2025.

Cubico (UK) Limited’s revenue grew 7% to £110m in the year to 28 Feb 2025, with £194k profit and 839 employees. The company is classified under “plumbing, heat and air-conditioning installation” and is based in Wakefield; we hold 4 years of its filed accounts.

Status
Active
Location
Wakefield, Yorkshire and The Humber
Age
14 yrs · since 2012
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 28 Feb 2025

Key figures

Boring industry
Revenue
£110m
Growth ▲6.6%
Profit
£194k
Growth —
Profit margin
0.2%
Gross 63.1%
Employees
839
Change ▲6.5%
Profit / employee
£231
Revenue/employee £131k
Profitable streak
1yr
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 to30 Nov 202128 Feb 202329 Feb 202428 Feb 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£62.3m£108m£103m£110m
Cost of sales£25.6m£44.6m£37.8m£40.7m
Gross profit£36.7m£63m£65.7m£69.6m
Operating profit£6.6m−£850k£1m£519k
Profit before tax£5.9m−£1.8m−£528k−£853k
Profit after tax£4.7m−£1.8m−£516k£194k
Profit (best available)£4.7m−£1.8m−£516k£194k
Staff costs£13.4m£25.9m£25.9m£28.9m
Employees (average)519685788839
Ratios
Profit margin7.5%−1.7%−0.5%0.2%
Gross margin59%58.6%63.5%63.1%
Revenue per employee£120k£157k£131k£131k
Profit per employee£9k−£2.7k−£655£231
Cash conversion−128.9%———
Growth (year on year)
Revenue growth———▲6.6%
Headcount growth———▲6.5%
Balance sheet — indirect signals, not revenue
Cash at bank£4.4m£6.1m£5m£4.5m
Net assets£12.6m£10.8m£10.3m£10.5m
Fixed assets£15.7m£29.6m£29.7m£30.1m
Current assets£26.1m£29.3m£26.5m£32.8m
Debtors£1.2m£1.8m£1.3m£1.3m
Deferred income—£0£194k£0
Cash from operations−£8.5m−£10.9m——
SourceFullAccounts · bulk data Feb 2024FullAccounts · bulk data Feb 2024FullAccounts · bulk data Mar 2025FullAccounts · bulk data Feb 2026
Derived from the latest filing

How the business works

Profit margin
0.2%
Profit ÷ revenue.
Gross margin
63.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£131k
Revenue ÷ average employees.
Profit per employee
£231
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
27.3%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
1.1%
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
▲2%
Now £10.5m
Cash at bank
▼11%
Now £4.5m
Headcount
▲6%
Now 839
Deferred income
▼100%
Now £0
Fixed assets
▲2%
Now £30.1m

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

  1. Cubico Group Limitedultimate parent75–100%
  2. Cubico (UK) Limitedthis 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).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £194k), 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.