How much does Wellcom London Limited make?

Wellcom London Limited reported revenue of £15.5m and £287k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Wellcom London Limited have?

Wellcom London Limited reported an average of 82 employees in the year to 31 Dec 2023.

Is Wellcom London Limited profitable?

Yes — Wellcom London Limited reported a profit of £287k in the year to 31 Dec 2023.

Company No. 00979521 · Incorporated 13 May 1970

Wellcom London Limited

Registered name: WELLCOM LONDON LIMITED

Part of Innocean Worldwide Inc group

Wellcom London Limited made £15.5m revenue and £287k profit in the year to 31 Dec 2023.

Wellcom London Limited’s revenue fell 1% to £15.5m in the year to 31 Dec 2023, with £287k profit and 82 employees. The company is classified under “media representation services” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 73120Media representation services

Status: Active
Location: London, London
Age: 56 yrs · since 1970
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.

Latest accounts · year to 31 Dec 2023

Key figures

Cash flow filed

Revenue

£15.5m

Growth ▼1.5%

Profit

£287k

Growth ▲679.1%

Profit margin

1.9%

Employees

Change ▼23.4%

Profit / employee

£3.5k

Revenue/employee £189k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£15.7m	£15.5m
Profit after tax	£36.9k	£287k
Profit (best available)	£36.9k	£287k
Staff costs	£6.4m	£5.7m
Employees (average)	107	82
Ratios
Profit margin	0.2%	1.9%
Revenue per employee	£147k	£189k
Profit per employee	£345	£3.5k
Growth (year on year)
Revenue growth	—	▼1.5%
Profit growth	—	▲679.1%
Headcount growth	—	▼23.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£754k	£593k
Net assets	£3.1m	£3.4m
Current assets	£4.1m	£4.7m
Debtors	£2.2m	£3.1m
Cash from operations	£1.1m	£211k
Source	Accounts · bulk data Apr 2024	Accounts · bulk data Apr 2024

Derived from the latest filing

How the business works

Profit margin: 1.9%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £189k; Revenue ÷ average employees.
Profit per employee: £3.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 20%; 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 £3.4m
Cash at bank: ▼21%; Now £593k
Headcount: ▼23%; Now 82
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Innocean Worldwide Inc (registered outside the UK register)ultimate parent75–100%
Wellcom London Limitedthis 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).

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2023 (profit £287k), from the Companies House accounts bulk data published Apr 2024. 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.