Corporate Direct (Europe) Ltd
Registered name: CORPORATE DIRECT (EUROPE) LTD
Part of Corporate Telecommunications (UK) Limited groupCorporate Direct (Europe) Ltd made £13.5m revenue and £88.4k profit in the year to 31 Dec 2025. read from filing text
Corporate Direct (Europe) Ltd’s revenue fell 21% to £13.5m in the year to 31 Dec 2025, with £88.4k profit and 29 employees. The company is classified under “other telecommunications activities” and is based in Leigh; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Leigh, North West
- Age
- 32 yrs · since 1994
- 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 company is a wholly-owned subsidiary of Corporate Telecommunications (UK) Limited. This company is controlled by P A Baxter.”
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) | £26.4m | £22.4m | £17.1m | £13.5m |
| Cost of sales | £21.3m | £18.1m | £13.9m | £10.7m |
| Gross profit | £5.1m | £4.3m | £3.1m | £2.8m |
| Operating profit | £1.6m | £676k | £182k | £209k |
| Profit before tax | £1.6m | £576k | £87.9k | £150k |
| Profit after tax | £1.2m | £322k | £37.5k | £88.4k |
| Profit (best available) | £1.2m | £322k | £37.5k | £88.4k |
| Staff costs | £1.9m | £1.7m | £1.6m | £1.4m |
| Employees (average) | 37 | 36 | 34 | 29 |
| Ratios | ||||
| Profit margin | 4.6% | 1.4% | 0.2% | 0.7% |
| Gross margin | 19.3% | 19.2% | 18.4% | 20.6% |
| Revenue per employee | £713k | £623k | £502k | £464k |
| Profit per employee | £32.8k | £8.9k | £1.1k | £3k |
| Cash conversion | −69.2% | −79.7% | 32% | −99.5% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼15% | ▼24% | ▼21.1% |
| Profit growth | — | ▼73.5% | ▼88.3% | ▲135.7% |
| Headcount growth | — | ▼2.7% | ▼5.6% | ▼14.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £278k | £480k | £39.2k | £22.3k |
| Net assets | £3.9m | £4.2m | £4.2m | £4.3m |
| Fixed assets | £202k | £144k | £109k | £152k |
| Current assets | £11.1m | £11.5m | £8.1m | £7m |
| Debtors | £3.4m | £2.4m | £1.8m | £1.7m |
| Deferred income | £60k | £64.5k | £102k | £62.2k |
| Cash from operations | −£1.1m | −£539k | £58.2k | −£208k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 0.7%
- Profit ÷ revenue.
- Gross margin
- 20.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £464k
- Revenue ÷ average employees.
- Profit per employee
- £3k
- Profit ÷ average employees.
- Cash conversion
- −99.5%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 12.5%
- 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 £4.3m
- Cash at bank
- ▼43%
- Now £22.3k
- Headcount
- ▼15%
- Now 29
- Deferred income
- ▼39%
- Now £62.2k
- Fixed assets
- ▲39%
- Now £152k
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
- Corporate Telecommunications (UK) Limitedultimate parent75–100%
- Corporate Direct (Europe) Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (7)
- Agent Communications LimitedFigures not disclosed
- Agent Headsets LimitedFigures not disclosed
- Agent Telecommunications LimitedFigures not disclosed
- Corporate Direct LimitedFigures not disclosed
- Corptel LimitedFigures not disclosed
- Corpteluk LimitedFigures not disclosed
- Gaming Headsets LimitedFigures not disclosed
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 £88.4k), from the Companies House accounts bulk data published Sep 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.