Locate Supplies Limited
Registered name: LOCATE SUPPLIES LIMITED
Part of TW Metals Limited groupLocate Supplies Limited made £13m revenue and £189k profit in the year to 31 Dec 2025.
Locate Supplies Limited’s revenue grew 3% to £13m in the year to 31 Dec 2025, with £189k profit and 67 employees. The company is classified under “machining” and is based in Southampton; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Southampton
- Age
- 36 yrs · since 1989
- Type
- Private Limited Company
Key figures
Financial history
| 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) | £12.9m | £12.5m | £13m |
| Cost of sales | −£7.7m | −£7.5m | −£7.6m |
| Gross profit | £5.2m | £5m | £5.4m |
| Operating profit | £377k | −£119k | £148k |
| Profit before tax | £451k | £10.4k | £265k |
| Profit after tax | £330k | −£7.7k | £189k |
| Profit (best available) | £330k | −£7.7k | £189k |
| Employees (average) | 67 | 68 | 67 |
| Ratios | |||
| Profit margin | 2.6% | −0.1% | 1.5% |
| Gross margin | 40.4% | 40.1% | 41.7% |
| Revenue per employee | £193k | £184k | £193k |
| Profit per employee | £4.9k | −£114 | £2.8k |
| Growth (year on year) | |||
| Revenue growth | — | ▼2.9% | ▲3.5% |
| Profit growth | — | ▼102.3% | — |
| Headcount growth | — | ▲1.5% | ▼1.5% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Sep 2025 | Accounts · bulk data Sep 2025 | Accounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 1.5%
- Profit ÷ revenue.
- Gross margin
- 41.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £193k
- Revenue ÷ average employees.
- Profit per employee
- £2.8k
- Profit ÷ average employees.
- Cash conversion
- —
- 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
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼1%
- Now 67
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- TW Metals Limitedultimate parent75–100%
- Locate Supplies Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- Philip Cornes & Company LimitedFigures not disclosed
- The Philip Cornes Group Co. LimitedFigures not disclosed
- Tubesales (U.K.) LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £189k), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.
Updated from Companies House on 23 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.