How much does Cosgrove & Drew Ltd make?

Cosgrove & Drew Ltd reported revenue of £9.6m and £1.3m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Cosgrove & Drew Ltd have?

Cosgrove & Drew Ltd reported an average of 54 employees in the year to 31 Dec 2025.

Is Cosgrove & Drew Ltd profitable?

Yes — Cosgrove & Drew Ltd reported a profit of £1.3m in the year to 31 Dec 2025.

Company No. 09436019 · Incorporated 12 Feb 2015

Cosgrove & Drew Ltd

Registered name: COSGROVE & DREW LTD

Part of Earnz PLC group

Cosgrove & Drew Ltd made £9.6m revenue and £1.3m profit in the year to 31 Dec 2025.

Cosgrove & Drew Ltd’s revenue grew 24% to £9.6m in the year to 31 Dec 2025, with £1.3m profit and 54 employees. The company is classified under “plumbing, heat and air-conditioning installation” and is based in Cheltenham; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43220Plumbing, heat and air-conditioning installation SIC 43999Other specialised construction activities n.e.c.

Status: Active
Location: Cheltenham, South West
Age: 11 yrs · since 2015
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. From the filing: “Earnz Holdings Limited”

Latest accounts · year to 31 Dec 2025

Key figures

Boring industryCash flow filed

Revenue

£9.6m

Growth ▲23.7%

Profit

£1.3m

Growth —

Profit margin

13.6%

Gross 29.3%

Employees

Change ▲1.9%

Profit / employee

£24.1k

Revenue/employee £177k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
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)	£9.1m	£7.7m	£9.6m
Cost of sales	£8.6m	£8.1m	£6.8m
Gross profit	£458k	−£306k	£2.8m
Operating profit	−£738k	−£1.6m	£1.6m
Profit after tax	−£591k	−£1.6m	£1.3m
Profit (best available)	−£591k	−£1.6m	£1.3m
Staff costs	£1.7m	£2.4m	£2.8m
Employees (average)	45	53	54
Ratios
Profit margin	−6.5%	−20.5%	13.6%
Gross margin	5%	−4%	29.3%
Revenue per employee	£202k	£146k	£177k
Profit per employee	−£13.1k	−£29.9k	£24.1k
Cash conversion	—	—	35.9%
Growth (year on year)
Revenue growth	—	▼14.8%	▲23.7%
Headcount growth	—	▲17.8%	▲1.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£211k	—	£89.1k
Net assets	−£200k	−£1.6m	−£260k
Current assets	£2.7m	£1.4m	£2.1m
Deferred income	£49.5k	£38.9k	£166k
Cash from operations	£476k	−£1.1m	£562k
Source	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: 13.6%; Profit ÷ revenue.
Gross margin: 29.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £177k; Revenue ÷ average employees.
Profit per employee: £24.1k; Profit ÷ average employees.
Cash conversion: 35.9%; 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: 1.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: —; Now −£260k
Cash at bank: —; Now £89.1k
Headcount: ▲2%; Now 54
Deferred income: ▲326%; Now £166k
Fixed assets: —; Now —

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

Earnz PLCultimate parent75–100%
Earnz Holdings Limited75–100%
Cosgrove & Drew Ltdthis company

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

Sister companies (5)

A&d Carbon Solutions LtdFigures not disclosed
Earnz Energy Services LimitedFigures not disclosed
Earnz Property Services LimitedFigures not disclosed
National Retrofit Solutions LimitedFigures not disclosed
South West Heating Services LtdFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.3m), from the Companies House accounts bulk data published Jun 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.