How much does Ernest V. Waddington Limited make?

Ernest V. Waddington Limited reported revenue of £13.1m and £9.2m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Ernest V. Waddington Limited have?

Ernest V. Waddington Limited reported an average of 21 employees in the year to 31 Mar 2025.

Is Ernest V. Waddington Limited profitable?

Yes — Ernest V. Waddington Limited reported a profit of £9.2m in the year to 31 Mar 2025.

Company No. 00463959 · Incorporated 27 Jan 1949

Ernest V. Waddington Limited

Registered name: ERNEST V. WADDINGTON LIMITED

Ernest V. Waddington Limited made £13.1m revenue and £9.2m profit in the year to 31 Mar 2025. read from filing text

Ernest V. Waddington Limited’s revenue grew 8% to £13.1m in the year to 31 Mar 2025, with £9.2m profit and 21 employees. The company is classified under “wholesale of wood, construction materials and sanitary equipment” and is based in Sheffield; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46730Wholesale of wood, construction materials and sanitary equipment SIC 50400Inland freight water transport SIC 52101Operation of warehousing and storage facilities for water transport activities

Status: Active
Location: Sheffield, Yorkshire and The Humber
Age: 77 yrs · since 1949
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

IndependentOperating leverage

Revenue

£13.1m

Growth ▲8.3%

Profit

£9.2m

Growth ▲14.2%

Profit margin

70.5%

Gross 92.9%

Employees

Change ▲5%

Profit / employee

£439k

Revenue/employee £622k

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 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£10.6m	£11.7m	£12.1m	£13.1m
Cost of sales	£943k	£923k	£958k	£922k
Gross profit	£9.7m	£10.8m	£11.1m	£12.1m
Operating profit	£10.5m	£11.2m	£10.1m	£11.4m
Profit before tax	£10.4m	£11.3m	£10.8m	£12.2m
Profit after tax	£8.4m	£9.4m	£8.1m	£9.2m
Profit (best available)	£8.4m	£9.4m	£8.1m	£9.2m
Staff costs	£373k	£388k	—	—
Employees (average)	20	20	20	21
Ratios
Profit margin	79.2%	80.7%	66.8%	70.5%
Gross margin	91.1%	92.1%	92.1%	92.9%
Revenue per employee	£532k	£584k	£603k	£622k
Profit per employee	£422k	£471k	£403k	£439k
Cash conversion	−42%	−56.1%	—	—
Growth (year on year)
Revenue growth	—	▲9.7%	▲3.3%	▲8.3%
Profit growth	—	▲11.8%	▼14.4%	▲14.2%
Headcount growth	—	0%	0%	▲5%
Balance sheet — indirect signals, not revenue
Cash at bank	£5.3m	£10.5m	£14.4m	£9.9m
Net assets	£83.8m	£93.3m	£101m	£111m
Fixed assets	£86.5m	£86.8m	£86.7m	£87.1m
Current assets	£13m	£22.1m	£30.8m	£38.9m
Debtors	£187k	£46.2k	£603k	£20k
Cash from operations	−£4.4m	−£6.3m	—	—
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 70.5%; Profit ÷ revenue.
Gross margin: 92.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £622k; Revenue ÷ average employees.
Profit per employee: £439k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 666.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.1%; 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: ▲9%; Now £111m
Cash at bank: ▼31%; Now £9.9m
Headcount: ▲5%; Now 21
Deferred income: —; Now —
Fixed assets: ▲0%; Now £87.1m

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £9.2m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 23 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.