P.F. Cusack Holdings Limited
Registered name: P.F. CUSACK HOLDINGS LIMITED
P.F. Cusack Holdings Limited made £53.2m revenue and £3.7m profit in the year to 30 Sep 2025.
P.F. Cusack Holdings Limited’s revenue grew 3% to £53.2m in the year to 30 Sep 2025, with £3.7m profit and 231 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 4 yrs · since 2021
- 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.
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: “The controlling party of the group is Mr P Cusack by virtue of his shareholding of 55% shares of P.F. Cusack Holdings Limited.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £51.4m | £53.2m |
| Cost of sales | — | £32.6m |
| Gross profit | — | £20.6m |
| Operating profit | — | £4.9m |
| Profit before tax | £4.8m | £5.1m |
| Profit after tax | £3.5m | £3.7m |
| Profit (best available) | £3.5m | £3.7m |
| Staff costs | £8.6m | £9.5m |
| Employees (average) | 246 | 231 |
| Ratios | ||
| Profit margin | 6.7% | 7% |
| Gross margin | — | 38.7% |
| Revenue per employee | £209k | £230k |
| Profit per employee | £14.1k | £16k |
| Cash conversion | — | 51.1% |
| Growth (year on year) | ||
| Revenue growth | — | ▲3.5% |
| Profit growth | — | ▲6.7% |
| Headcount growth | — | ▼6.1% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £39.1k | £32k |
| Net assets | £16.4m | £16.7m |
| Fixed assets | £16.4m | £16.8m |
| Current assets | £56.9k | £53.4k |
| Debtors | £17.8k | £21.3k |
| Cash from operations | £6.1m | £2.5m |
| Source | FullAccounts · bulk data Jul 2026 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 7%
- Profit ÷ revenue.
- Gross margin
- 38.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £230k
- Revenue ÷ average employees.
- Profit per employee
- £16k
- Profit ÷ average employees.
- Cash conversion
- 51.1%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 31.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▲2%
- Now £16.7m
- Cash at bank
- ▼18%
- Now £32k
- Headcount
- ▼6%
- Now 231
- Deferred income
- —
- Now —
- Fixed assets
- ▲2%
- Now £16.8m
Group structure
Subsidiaries (2)
- P.F. Cusack (Tools Supplies) LimitedFigures not disclosed
- P.F. Cusack Properties LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £3.7m), from the Companies House accounts bulk data published Jul 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.