Cornish Labour Services Limited
Registered name: CORNISH LABOUR SERVICES LIMITED
Cornish Labour Services Limited made £18.8m revenue and £83.9k profit in the year to 28 Feb 2025.
Cornish Labour Services Limited’s revenue grew 12% to £18.8m in the year to 28 Feb 2025, with £83.9k profit and 317 employees. The company is classified under “temporary employment agency activities” and is based in Hayle; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Hayle, South West
- Age
- 11 yrs · since 2015
- 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 | 28 Feb 2022 | 28 Feb 2023 | 29 Feb 2024 | 28 Feb 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £14.4m | £16.8m | £18.8m |
| Cost of sales | £11.7m | £12.9m | £15.1m | £17.2m |
| Gross profit | — | £1.6m | £1.7m | £1.6m |
| Operating profit | — | £224k | £113k | £70.1k |
| Profit before tax | — | £200k | £97.7k | £58.1k |
| Profit after tax | — | £142k | £71.7k | £83.9k |
| Profit (best available) | — | £142k | £71.7k | £83.9k |
| Staff costs | £8.6m | £9.6m | £11.4m | £13m |
| Employees (average) | 266 | 276 | 296 | 317 |
| Ratios | ||||
| Profit margin | — | 1% | 0.4% | 0.4% |
| Gross margin | — | 11% | 10.2% | 8.6% |
| Revenue per employee | — | £52.3k | £56.8k | £59.3k |
| Profit per employee | — | £515 | £242 | £265 |
| Cash conversion | — | 142.2% | 605.6% | 145.7% |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲16.6% | ▲11.7% |
| Profit growth | — | — | ▼49.6% | ▲17.1% |
| Headcount growth | — | ▲3.8% | ▲7.2% | ▲7.1% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £104k | £74.2k | £73.4k | £732 |
| Net assets | £1m | £1.2m | £1.2m | £1.3m |
| Fixed assets | £650k | £622k | £582k | £402k |
| Current assets | £2.6m | £2.4m | £2.3m | £2.1m |
| Debtors | £2.2m | £2m | £1.7m | £1.9m |
| Cash from operations | — | £318k | £683k | £102k |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 0.4%
- Profit ÷ revenue.
- Gross margin
- 8.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £59.3k
- Revenue ÷ average employees.
- Profit per employee
- £265
- Profit ÷ average employees.
- Cash conversion
- 145.7%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- 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
- ▲5%
- Now £1.3m
- Cash at bank
- ▼99%
- Now £732
- Headcount
- ▲7%
- Now 317
- Deferred income
- —
- Now —
- Fixed assets
- ▼31%
- Now £402k
Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £83.9k), 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.