Cewe Limited
Registered name: CEWE LIMITED
Part of Cewe Stiftung & Co Kgaa groupCewe Limited made £30.6m revenue and £711k profit in the year to 31 Dec 2025. read from filing text
Cewe Limited’s revenue grew 4% to £30.6m in the year to 31 Dec 2025, with £711k profit and 81 employees. The company is classified under “manufacture of other articles of paper and paperboard” and is based in Warwick; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Warwick, West Midlands
- Age
- 76 yrs · since 1950
- 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: “The immediate parent undertaking is CEWE Group International GmbH, a company registered in Germany. The ultimate parent undertaking is CEWE Stiftung & Co. KGaA, a company registered in Germany. The sm”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £17.7m | £15.3m | £29.5m | £30.6m |
| Cost of sales | £8m | £6.5m | £4.4m | £4.5m |
| Gross profit | £9.8m | £8.8m | £25m | £26.1m |
| Operating profit | £787k | £457k | £858k | £757k |
| Profit before tax | £702k | £437k | £1.1m | £949k |
| Profit after tax | £824k | £335k | £835k | £711k |
| Profit (best available) | £824k | £335k | £835k | £711k |
| Staff costs | £3.4m | £3.6m | £3.9m | £4.1m |
| Employees (average) | 82 | 79 | 79 | 81 |
| Ratios | ||||
| Profit margin | 4.7% | 2.2% | 2.8% | 2.3% |
| Gross margin | 55.1% | 57.6% | 84.9% | 85.2% |
| Revenue per employee | £216k | £193k | £373k | £378k |
| Profit per employee | £10k | £4.2k | £10.6k | £8.8k |
| Cash conversion | 152.8% | −59.3% | −14.7% | −31.3% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼13.8% | ▲92.8% | ▲4% |
| Profit growth | — | ▼59.4% | ▲149.2% | ▼14.8% |
| Headcount growth | — | ▼3.7% | 0% | ▲2.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £5k | £12.2k | £521 | £101k |
| Net assets | £5.4m | £5.8m | £6.6m | £7.3m |
| Fixed assets | £845k | £593k | £564k | £404k |
| Current assets | £11m | £10.6m | £12.7m | £13.5m |
| Debtors | £6.1m | £3m | £2.3m | £2.8m |
| Deferred income | £1.1m | £1.6m | £4m | £3m |
| Cash from operations | £1.2m | −£271k | −£126k | −£237k |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 2.3%
- Profit ÷ revenue.
- Gross margin
- 85.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £378k
- Revenue ÷ average employees.
- Profit per employee
- £8.8k
- Profit ÷ average employees.
- Cash conversion
- −31.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 9.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.1%
- 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
- ▲11%
- Now £7.3m
- Cash at bank
- ▲19266%
- Now £101k
- Headcount
- ▲3%
- Now 81
- Deferred income
- ▼25%
- Now £3m
- Fixed assets
- ▼28%
- Now £404k
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
- Cewe Stiftung & Co Kgaa (registered outside the UK register)ultimate parent75–100%
- Cewe 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).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £711k), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.