Covelya Group Limited
Registered name: COVELYA GROUP LIMITED
Covelya Group Limited made £142m revenue and £19.7m profit in the year to 31 Dec 2025.
Covelya Group Limited’s revenue grew 16% to £142m in the year to 31 Dec 2025, with £19.7m profit. The company is classified under “activities of head offices” and is based in Yateley; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Yateley, South East
- Age
- 6 yrs · since 2020
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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 | Profit only | Profit only | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £122m | £142m |
| Cost of sales | £20.5m | £30.1m | −£31.9m | −£38.9m |
| Gross profit | — | — | £90.4m | £104m |
| Operating profit | — | — | £22.1m | £26m |
| Profit before tax | — | — | £21.4m | £25.4m |
| Profit after tax | £7.8m | £2.3m | £16.3m | £19.7m |
| Profit (best available) | £7.8m | £2.3m | £16.3m | £19.7m |
| Staff costs | £377k | £1.8m | — | — |
| Employees (average) | 7 | 13 | — | — |
| Ratios | ||||
| Profit margin | — | — | 13.3% | 13.9% |
| Gross margin | — | — | 73.9% | 72.7% |
| Profit per employee | £1.1m | £178k | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲16.4% |
| Profit growth | — | ▼70.5% | ▲604.6% | ▲21% |
| Headcount growth | — | ▲85.7% | — | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £3.3m | £3.4m | — | — |
| Net assets | £39m | £41.3m | — | — |
| Fixed assets | £13.6m | £21.5m | — | — |
| Current assets | £8.3m | £18.8m | — | — |
| Debtors | £0 | £0 | — | — |
| Deferred income | £146k | £389k | — | — |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | Accounts · bulk data Apr 2026 | Accounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 13.9%
- Profit ÷ revenue.
- Gross margin
- 72.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (7)
- Sonardyne International LimitedRev. £89.8m · Profit £20.5m
- Chelsea Technologies LtdFigures not disclosed
- Covelya LimitedFigures not disclosed
- Forcys LimitedFigures not disclosed
- Propcov LimitedFigures not disclosed
- Sonardyne Group LimitedFigures not disclosed
- Wavefront Systems 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 £19.7m), from the Companies House accounts bulk data published Apr 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.