Piggott and Whitfield Limited
Registered name: PIGGOTT AND WHITFIELD LIMITED
Piggott and Whitfield Limited made £15.3m revenue and £433k profit in the year to 31 Mar 2026. read from filing text
Piggott and Whitfield Limited’s revenue fell 10% to £15.3m in the year to 31 Mar 2026, with £433k profit and 66 employees. The company is classified under “electrical installation” and is based in Stockport; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Stockport, North West
- Age
- 79 yrs · since 1947
- 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. From the filing: “The company is controlled by the Whitfield family, by virtue of their majority shareholding.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £14.2m | £14.8m | £16.9m | £15.3m |
| Cost of sales | £10.5m | £11m | £12.9m | £11m |
| Gross profit | £3.7m | £3.8m | £4m | £4.2m |
| Operating profit | £611k | £586k | £529k | £507k |
| Profit before tax | £604k | £596k | £616k | £586k |
| Profit after tax | £444k | £440k | £460k | £433k |
| Profit (best available) | £444k | £440k | £460k | £433k |
| Staff costs | £4.5m | £4.6m | £5m | £5.1m |
| Employees (average) | 71 | 73 | 68 | 66 |
| Ratios | ||||
| Profit margin | 3.1% | 3% | 2.7% | 2.8% |
| Gross margin | 25.9% | 25.4% | 23.7% | 27.7% |
| Revenue per employee | £200k | £202k | £249k | £232k |
| Profit per employee | £6.3k | £6k | £6.8k | £6.6k |
| Cash conversion | −80.9% | −240.2% | −48.3% | −279.4% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲4.3% | ▲14.6% | ▼9.8% |
| Profit growth | — | ▼1% | ▲4.6% | ▼5.9% |
| Headcount growth | — | ▲2.8% | ▼6.9% | ▼2.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.2m | £3.5m | £3.7m | £5m |
| Net assets | £664k | £1.1m | £1.5m | £2m |
| Fixed assets | £1.6m | £1.6m | £1.6m | £1.5m |
| Current assets | £4.8m | £6.7m | £7.3m | £7.5m |
| Debtors | £2m | £2.1m | £2.4m | £1.8m |
| Deferred income | £3.8m | £5.3m | £4.9m | £6m |
| Cash from operations | −£494k | −£1.4m | −£255k | −£1.4m |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 2.8%
- Profit ÷ revenue.
- Gross margin
- 27.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £232k
- Revenue ÷ average employees.
- Profit per employee
- £6.6k
- Profit ÷ average employees.
- Cash conversion
- −279.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 9.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 39.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.7%
- 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
- ▲28%
- Now £2m
- Cash at bank
- ▲36%
- Now £5m
- Headcount
- ▼3%
- Now 66
- Deferred income
- ▲21%
- Now £6m
- Fixed assets
- ▼5%
- Now £1.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (3)
- John Chaloner (Chapel) LimitedFigures not disclosed
- P.W Data LimitedFigures not disclosed
- P.W. Building Services LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £433k), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.
Updated from Companies House on 11 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.