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Company No. 00851509 · Incorporated 11 Jun 1965

Wai-UK Ltd

Registered name: WAI-UK LTD

Part of Wetherill Europe B.V. group

Wai-UK Ltd made £13.5m revenue and a £208k loss in the year to 31 Dec 2025. read from filing text

Wai-UK Ltd’s revenue grew 28% to £13.5m in the year to 31 Dec 2025, with a loss of £208k and 28 employees. The company is classified under “wholesale trade of motor vehicle parts and accessories” and is based in Huddersfield; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45310Wholesale trade of motor vehicle parts and accessories
Status
Active
Location
Huddersfield, Yorkshire and The Humber
Age
61 yrs · since 1965
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”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light
Revenue
£13.5m
Growth ▲28%
Profit
−£208k
Growth ▼142.1%
Profit margin
−1.5%
Gross 19.1%
Employees
28
Change ▲3.7%
Profit / employee
−£7.4k
Revenue/employee £483k
Profitable streak
0yrs
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 to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£6m£8.9m£10.6m£13.5m
Cost of sales£4.1m£6.7m£7.8m£10.9m
Gross profit£2m£2.3m£2.8m£2.6m
Operating profit——£657k−£107k
Profit before tax£82.8k−£9.9k£663k−£273k
Profit after tax£65.7k−£7.2k£495k−£208k
Profit (best available)£65.7k−£7.2k£495k−£208k
Staff costs£886k£1.1m£1.1m£1.4m
Employees (average)35252728
Ratios
Profit margin1.1%−0.1%4.7%−1.5%
Gross margin32.4%25.2%26.1%19.1%
Revenue per employee£173k£357k£391k£483k
Profit per employee£1.9k−£289£18.3k−£7.4k
Growth (year on year)
Revenue growth——▲18.2%▲28%
Profit growth———▼142.1%
Headcount growth——▲8%▲3.7%
Balance sheet — indirect signals, not revenue
Cash at bank£100k£616k£484k£161k
Net assets£3.8m£3.8m£4.2m£4m
Fixed assets£113k£254k£309k£461k
Current assets£5.7m£6m£9m£12.5m
Debtors£1.4m£1.9m£1.9m£5.2m
Deferred income£91.6k£163k£190k£401k
SourceAccounts · bulk data Apr 2024Accounts · bulk data Apr 2024FullAccounts · bulk data Apr 2025FullAccounts · bulk data May 2026
Derived from the latest filing

How the business works

Profit margin
−1.5%
Profit ÷ revenue.
Gross margin
19.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£483k
Revenue ÷ average employees.
Profit per employee
−£7.4k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
3.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
3%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
38.4%
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
▼5%
Now £4m
Cash at bank
▼67%
Now £161k
Headcount
▲4%
Now 28
Deferred income
▲111%
Now £401k
Fixed assets
▲49%
Now £461k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Wetherill Europe B.V. (registered outside the UK register)ultimate parent75–100%
  2. Wai-UK Ltdthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£208k), from the Companies House accounts bulk data published May 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.