Wernick Hire Limited
Registered name: WERNICK HIRE LIMITED
Part of Wernick Group (Holdings) Limited groupWernick Hire Limited made £144m revenue and £14.3m profit in the year to 31 Dec 2025. read from filing text
Wernick Hire Limited’s revenue grew 10% to £144m in the year to 31 Dec 2025, with £14.3m profit and 472 employees. The company is classified under “other accommodation” and is based in Wickford; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Wickford, East of England
- Age
- 67 yrs · since 1959
- 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: “S Wernick & Sons (Holdings) Limited is the company's immediate parent undertaking and Wernick Group (Holdings) Limited is the company's ultimate parent undertaking. The registered address for the pare”
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 | 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) | £113m | £119m | £131m | £144m |
| Cost of sales | £59.1m | £65.4m | £73.5m | £81.6m |
| Gross profit | £54.3m | £54.1m | £57.9m | £62.3m |
| Operating profit | £23.9m | £22.4m | £22.4m | £21.6m |
| Profit before tax | £22.7m | £20.6m | £19m | £17.2m |
| Profit after tax | £15.2m | £16.5m | £13.4m | £14.3m |
| Profit (best available) | £15.2m | £16.5m | £13.4m | £14.3m |
| Staff costs | £16.7m | £17.6m | £20.2m | £22.9m |
| Employees (average) | 416 | 447 | 445 | 472 |
| Ratios | ||||
| Profit margin | 13.4% | 13.8% | 10.2% | 10% |
| Gross margin | 47.9% | 45.3% | 44.1% | 43.3% |
| Revenue per employee | £273k | £267k | £295k | £305k |
| Profit per employee | £36.6k | £37k | £30.2k | £30.4k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲5.3% | ▲10% | ▲9.5% |
| Profit growth | — | ▲8.6% | ▼18.7% | ▲6.6% |
| Headcount growth | — | ▲7.4% | ▼0.4% | ▲6.1% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £4.3m | £2.1m | £3.1m | £1.3m |
| Net assets | £91.1m | £108m | £121m | £135m |
| Fixed assets | £129m | £149m | £188m | £211m |
| Current assets | £46.1m | £53.5m | £53.7m | £61m |
| Debtors | £20.6m | £24.6m | — | — |
| Deferred income | £11.3m | £8m | — | £7.4m |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 10%
- Profit ÷ revenue.
- Gross margin
- 43.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £305k
- Revenue ÷ average employees.
- Profit per employee
- £30.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 146.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 5.2%
- 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
- ▲12%
- Now £135m
- Cash at bank
- ▼58%
- Now £1.3m
- Headcount
- ▲6%
- Now 472
- Deferred income
- —
- Now £7.4m
- Fixed assets
- ▲12%
- Now £211m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Wernick Group (Holdings) Limitedultimate parent75–100%
- S.wernick & Sons (Holdings) Limited75–100%
- Wernick Hire Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (3)
- Wernick Refurbished Buildings Ltd.Rev. £21m · Profit £1.7m
- Rawley Hire LimitedFigures not disclosed
- Wernick Event Hire LimitedFigures not disclosed
Sister companies (6)
- Wernick Buildings LimitedRev. £52.2m · Profit £2m
- Wernick Power Solutions LimitedRev. £24.5m · Profit £2.6m
- Wernick Construction LimitedRev. £24.1m · Profit £1.3m
- Wernick Avdanzer LimitedRev. £9.4m · Profit £398k
- Avd Holdings LimitedFigures not disclosed
- Specurate LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £14.3m), from the Companies House accounts bulk data published Aug 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.