How much does Westshield Limited make?

Westshield Limited reported revenue of £14.2m and £488k profit in the year to 30 Jun 2024, according to its accounts filed at Companies House.

How many employees does Westshield Limited have?

Westshield Limited reported an average of 28 employees in the year to 30 Jun 2024.

Is Westshield Limited profitable?

Yes — Westshield Limited reported a profit of £488k in the year to 30 Jun 2024.

Company No. 01317158 · Incorporated 15 Jun 1977

Westshield Limited

Registered name: WESTSHIELD LIMITED

Westshield Limited made £14.2m revenue and £488k profit in the year to 30 Jun 2024. read from filing text

Westshield Limited’s revenue fell 17% to £14.2m in the year to 30 Jun 2024, with £488k profit and 28 employees. The company is classified under “construction of other civil engineering projects” and is based in Greater Manchester; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 42990Construction of other civil engineering projects n.e.c.

Status: Active
Location: Greater Manchester, North West
Age: 49 yrs · since 1977
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 ultimate controlling party is PJ Waldron who owns 100% of all the issued share capital.”

Latest accounts · year to 30 Jun 2024

Key figures

Capital-lightCash flow filed

Revenue

£14.2m

Growth ▼16.9%

Profit

£488k

Growth —

Profit margin

3.4%

Gross 15.9%

Employees

Change ▼24.3%

Profit / employee

£17.4k

Revenue/employee £508k

Profitable streak

1yr

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Jun 2022	30 Jun 2023	30 Jun 2024
Disclosure	Full P&L	Full P&L	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£21.8m	£17.1m	£14.2m
Cost of sales	£18.9m	£15.8m	£12m
Gross profit	£2.9m	£1.3m	£2.3m
Operating profit	£962k	−£656k	£254k
Profit before tax	£933k	−£686k	£224k
Profit after tax	£2m	−£1.4m	£488k
Profit (best available)	£2m	−£1.4m	£488k
Staff costs	£2m	£1.7m	£1.6m
Employees (average)	54	37	28
Ratios
Profit margin	9.1%	−8.2%	3.4%
Gross margin	13.1%	7.6%	15.9%
Revenue per employee	£403k	£462k	£508k
Profit per employee	£36.6k	−£37.9k	£17.4k
Cash conversion	−69.8%	—	70.4%
Growth (year on year)
Revenue growth	—	▼21.5%	▼16.9%
Profit growth	—	▼171%	—
Headcount growth	—	▼31.5%	▼24.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£682k	£1.1m	£742k
Net assets	£2.5m	£1.1m	£1.6m
Fixed assets	£975k	£954k	£941k
Current assets	£6.7m	£4.2m	£4.2m
Debtors	£6m	£0	£1
Deferred income	£20.4k	£30.9k	£264k
Cash from operations	−£672k	−£647k	£179k
Source	Accounts · bulk data Mar 2024	Accounts · bulk data Mar 2024	FullAccounts · bulk data Jan 2025

Derived from the latest filing

How the business works

Profit margin: 3.4%; Profit ÷ revenue.
Gross margin: 15.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £508k; Revenue ÷ average employees.
Profit per employee: £17.4k; Profit ÷ average employees.
Cash conversion: 70.4%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 6.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; 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: ▲43%; Now £1.6m
Cash at bank: ▼32%; Now £742k
Headcount: ▼24%; Now 28
Deferred income: ▲754%; Now £264k
Fixed assets: ▼1%; Now £941k

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

Subsidiaries (1)

Celwest LimitedFigures not disclosed

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 FullAccounts for the year to 30 Jun 2024 (profit £488k), from the Companies House accounts bulk data published Jan 2025. 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.