How much does Cowan Bros. Ni Ltd make?

Cowan Bros. Ni Ltd reported revenue of £19.2m and £612k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Cowan Bros. Ni Ltd have?

Cowan Bros. Ni Ltd reported an average of 35 employees in the year to 31 Dec 2025.

Is Cowan Bros. Ni Ltd profitable?

Yes — Cowan Bros. Ni Ltd reported a profit of £612k in the year to 31 Dec 2025.

Company No. NI607675 · Incorporated 1 Jun 2011

Cowan Bros. Ni Ltd

Registered name: COWAN BROS. NI LTD

Cowan Bros. Ni Ltd made £19.2m revenue and £612k profit in the year to 31 Dec 2025.

Cowan Bros. Ni Ltd’s revenue grew 15% to £19.2m in the year to 31 Dec 2025, with £612k profit and 35 employees. The company is classified under “sale of other motor vehicles” and is based in Londonderry; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45190Sale of other motor vehicles

Status: Active
Location: Londonderry, Northern Ireland
Age: 15 yrs · since 2011
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentCash flow filed

Revenue

£19.2m

Growth ▲15.3%

Profit

£612k

Growth ▼9.8%

Profit margin

3.2%

Gross 15.3%

Employees

Change ▲16.7%

Profit / employee

£17.5k

Revenue/employee £550k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£18.3m	£18.7m	£16.7m	£19.2m
Cost of sales	£15.4m	£15.9m	£14.1m	£16.3m
Gross profit	£2.9m	£2.8m	£2.6m	£2.9m
Operating profit	£1.2m	£1.1m	£927k	£840k
Profit before tax	£1.2m	£1.1m	£927k	£840k
Profit after tax	£996k	£843k	£679k	£612k
Profit (best available)	£996k	£843k	£679k	£612k
Staff costs	£1.1m	£1.1m	£1.2m	£1.5m
Employees (average)	33	33	30	35
Ratios
Profit margin	5.5%	4.5%	4.1%	3.2%
Gross margin	15.9%	15%	15.8%	15.3%
Revenue per employee	£554k	£566k	£556k	£550k
Profit per employee	£30.2k	£25.5k	£22.6k	£17.5k
Cash conversion	137.6%	1.7%	137.3%	155.8%
Growth (year on year)
Revenue growth	—	▲2.1%	▼10.7%	▲15.3%
Profit growth	—	▼15.4%	▼19.4%	▼9.8%
Headcount growth	—	0%	▼9.1%	▲16.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.2m	£959k	£1.2m	£1.9m
Net assets	£3m	£3.7m	£4.4m	£5m
Fixed assets	£687k	£475k	£2.6m	£2.5m
Current assets	£5.2m	£6.5m	£7.5m	£8.5m
Debtors	£465k	£783k	£1.3m	£800k
Cash from operations	£1.7m	£18.6k	£1.3m	£1.3m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: 3.2%; Profit ÷ revenue.
Gross margin: 15.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £550k; Revenue ÷ average employees.
Profit per employee: £17.5k; Profit ÷ average employees.
Cash conversion: 155.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 12.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4.2%; 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: ▲14%; Now £5m
Cash at bank: ▲63%; Now £1.9m
Headcount: ▲17%; Now 35
Deferred income: —; Now —
Fixed assets: ▼5%; Now £2.5m

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £612k), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.

Updated from Companies House on 16 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.