Cowest Services Limited
Registered name: COWEST SERVICES LIMITED
Part of Bouygues S.A. groupCowest Services Limited made £16.8m revenue and £395k profit in the year to 31 Dec 2024.
Cowest Services Limited’s revenue fell 8% to £16.8m in the year to 31 Dec 2024, with £395k profit and 152 employees. The company is classified under “activities of head offices” and is based in Winsford; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Winsford
- Age
- 11 yrs · since 2015
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £20m | £18.2m | £16.8m |
| Cost of sales | −£15.3m | −£13.3m | −£12.3m |
| Gross profit | £4.7m | £4.9m | £4.5m |
| Operating profit | £328k | £773k | £357k |
| Profit before tax | £246k | £1m | £524k |
| Profit after tax | £199k | £777k | £395k |
| Profit (best available) | £199k | £777k | £395k |
| Employees (average) | 165 | 152 | 152 |
| Ratios | |||
| Profit margin | 1% | 4.3% | 2.4% |
| Gross margin | 23.4% | 26.9% | 26.7% |
| Revenue per employee | £121k | £120k | £110k |
| Profit per employee | £1.2k | £5.1k | £2.6k |
| Growth (year on year) | |||
| Revenue growth | — | ▼8.7% | ▼8% |
| Profit growth | — | ▲290.4% | ▼49.2% |
| Headcount growth | — | ▼7.9% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Nov 2024 | Accounts · bulk data Nov 2024 | Accounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 2.4%
- Profit ÷ revenue.
- Gross margin
- 26.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £110k
- Revenue ÷ average employees.
- Profit per employee
- £2.6k
- 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
- 0%
- Now 152
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Bouygues S.A. (registered outside the UK register)ultimate parent75–100%
- Equans Group UK Limited75–100%
- Equans Holding UK Limited75–100%
- Equans Services Limited50–75%
- Cowest Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Qwest Services LimitedFigures not disclosed
Minority corporate shareholders
- Cheshire West And Chester Borough Council (registered outside the UK register) 25–50%
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit £395k), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.
Updated from Companies House on 24 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.