How much does S & T Cover Limited make?

S & T Cover Limited reported revenue of £22m and £3.3m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does S & T Cover Limited have?

S & T Cover Limited reported an average of 16 employees in the year to 31 Mar 2025.

Is S & T Cover Limited profitable?

Yes — S & T Cover Limited reported a profit of £3.3m in the year to 31 Mar 2025.

Company No. 03648413 · Incorporated 12 Oct 1998

S & T Cover Limited

Registered name: S & T COVER LIMITED

Part of S&T Cover Holding Company Limited group

S & T Cover Limited made £22m revenue and £3.3m profit in the year to 31 Mar 2025.

S & T Cover Limited’s revenue was £22m in the year to 31 Mar 2025, with £3.3m profit and 16 employees. The company is classified under “other business support service activities” and is based in Eastleigh; we hold 3 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: Eastleigh, South East
Age: 28 yrs · since 1998
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.

Latest accounts · year to 31 Mar 2025

Key figures

Capital-light

Revenue

£22m

Growth —

Profit

£3.3m

Growth —

Profit margin

14.8%

Gross 31.9%

Employees

Change —

Profit / employee

£204k

Revenue/employee £1.4m

Profitable streak

2yrs

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	30 Sep 2022	30 Sep 2023	31 Mar 2025
Disclosure	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£14.9m	£22m
Cost of sales	—	£9.9m	£15m
Gross profit	—	£4.9m	£7m
Operating profit	—	£3.7m	£4.5m
Profit before tax	—	£3.5m	£4.5m
Profit after tax	—	£2.8m	£3.3m
Profit (best available)	—	£2.8m	£3.3m
Staff costs	—	£439k	£461k
Employees (average)	11	14	16
Ratios
Profit margin	—	18.9%	14.8%
Gross margin	—	33.2%	31.9%
Revenue per employee	—	£1.1m	£1.4m
Profit per employee	—	£200k	£204k
Growth (year on year)
Headcount growth	—	▲27.3%	—
Balance sheet — indirect signals, not revenue
Cash at bank	£1.5m	£3.7m	£2.1m
Net assets	£3.2m	£4.7m	£7.4m
Fixed assets	£236k	£341k	£393k
Current assets	£5.9m	£8.6m	£10m
Debtors	£352k	£658k	£117k
Deferred income	£7.8k	£1.2m	£394k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 14.8%; Profit ÷ revenue.
Gross margin: 31.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.4m; Revenue ÷ average employees.
Profit per employee: £204k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.5%; 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 £7.4m
Cash at bank: —; Now £2.1m
Headcount: —; Now 16
Deferred income: —; Now £394k
Fixed assets: —; Now £393k

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

S&T Cover Holding Company Limitedultimate parent75–100%
S & T Cover Limitedthis company

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

Sister companies (1)

S & T Training Holding Company LimitedFigures not disclosed

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £3.3m), from the Companies House accounts bulk data published Dec 2025. 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.