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Cash

Latest balance sheet

Net assets

£12M

-31.5% vs 2024

Employees

458

-0.9% lowest in 3 filed years

Profit before tax

£8.6M

+3.6% highest in 3 filed years

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £73,814,335£69,006,884£69,174,649 +0.2%
Operating profit £7,892,970£7,869,428£8,472,743 +7.7%
Profit before tax £8,280,973£8,320,765£8,623,988 +3.6%
Net profit £6,266,663£6,180,222£6,453,733 +4.4%
Cash £39£0
Total assets less current liabilities £11,574,940£17,812,162£12,469,895 -30%
Net assets £11,430,940£17,611,162£12,064,895 -31.5%
Equity £11,430,940£17,611,162£12,064,895 -31.5%
Average employees 493462458 -0.9%
Wages £29,826,298£29,166,748£32,783,081 +12.4%
Directors' remuneration £327,025£346,762£365,233 +5.3%

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-312025-12-31
Operating margin 10.7%11.4%12.2%
Net margin 8.5%9.0%9.3%
Return on capital employed 68.2%44.2%67.9%
Gearing (liabilities / total assets) 44.3%50.5%
Current ratio 1.95x2.64x2.30x
Interest cover 20.38x24.67x34.75x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Name history

Renamed 3 times since incorporation

  1. COWI UK LIMITED 2016-12-29 → present
  2. DONALDSON ASSOCIATES LIMITED 1999-07-26 → 2016-12-29
  3. DONALDSON HOLDINGS LIMITED 1994-10-12 → 1999-07-26
  4. DONALDSON GROUP HOLDINGS LIMITED 1994-08-26 → 1994-10-12

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Based on this, the directors expect that the Company will have adequate resources and liquidity to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

4 active · 21 resigned

Name Role Appointed Born Nationality
PERRY, Andrew Richard Secretary 2020-04-16
ASFERG, Jesper Director 2025-02-14 Dec 1976 Danish
MACINNES, Eva Director 2026-03-24 Mar 1982 British
SLOAN, Andrew Director 1999-07-26 Apr 1963 British
Show 21 resigned officers
Name Role Appointed Resigned
CADDY, Dominic Jon Secretary 2006-09-21 2020-04-16
CAPEL, Susan Mary Secretary 1994-08-26 2006-09-21
ADAMSEN, Søren Director 2022-03-14 2024-05-28
ANDERSEN, Henrik Director 2017-01-01 2020-02-26
BINDSEIL, Michael Director 2020-02-26 2025-09-04
CAPEL, Susan Mary Director 1999-07-26 2017-06-03
CHRISTOFFERSEN, Jens Højgaard Director 2025-09-02 2026-04-08
DAHLGREN, Thomas Director 2017-01-01 2020-02-26
DONALDSON, David Robertson Director 1994-08-26 2014-10-02
DONALDSON, Linda Purves Director 1994-08-26 2014-10-02
HAUGE, Lars Director 2015-01-01 2022-03-14
MACKENZIE, David Kenneth Director 2014-10-02 2020-02-26
MCGUIRE, Ambrose Anthony Director 2001-12-01 2004-12-31
MOCKETT, Ian Donald Director 2019-06-25 2020-02-26
PAYLOR, Kevin Director 2006-09-21 2010-10-01
PETERSEN, Anton Director 2014-10-02 2015-01-01
ROBINSON, Ian David Director 2017-02-01 2020-02-26
SIMONSEN, Kenneth Director 2024-05-28 2025-02-14
VIZARD, Jotham Director 2014-10-02 2020-02-26
WOOD, Hugo Director 2017-04-12 2018-02-22
ØDUM, Rasmus Director 2020-02-26 2024-02-27

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Cowi International A/S Corporate entity Shares 75–100% 2016-04-06 Ceased 2023-09-14

Filing timeline

Last 20 of 142 total filings

Date Type Category Description
2026-06-28 AA accounts Accounts with accounts type full
2026-04-09 TM01 officers Termination director company with name termination date PDF
2026-03-24 AP01 officers Appoint person director company with name date PDF
2026-03-06 AD01 address Change registered office address company with date old address new address PDF
2025-11-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-04 TM01 officers Termination director company with name termination date PDF
2025-09-04 AP01 officers Appoint person director company with name date PDF
2025-05-27 AA accounts Accounts with accounts type full
2025-02-24 AP01 officers Appoint person director company with name date PDF
2025-02-24 TM01 officers Termination director company with name termination date PDF
2024-11-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-10-02 AD01 address Change registered office address company with date old address new address PDF
2024-10-01 AA accounts Accounts with accounts type full
2024-05-31 AP01 officers Appoint person director company with name date PDF
2024-05-30 TM01 officers Termination director company with name termination date PDF
2024-03-06 CH01 officers Change person director company with change date PDF
2024-03-04 TM01 officers Termination director company with name termination date PDF
2023-11-15 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-11-15 CH01 officers Change person director company with change date PDF
2023-09-25 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
7

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page