How much does C.P. Witter Limited make?

C.P. Witter Limited reported revenue of £5.5m and a loss of £1.3m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does C.P. Witter Limited have?

C.P. Witter Limited reported an average of 23 employees in the year to 31 Dec 2024.

Is C.P. Witter Limited profitable?

No — C.P. Witter Limited reported a loss of £1.3m in the year to 31 Dec 2024.

Company No. 01362420 · Incorporated 11 Apr 1978

C.P. Witter Limited

Registered name: C.P. WITTER LIMITED

Part of Horizon Global European Holdings Limited group

C.P. Witter Limited made £5.5m revenue and a £1.3m loss in the year to 31 Dec 2024. read from filing text

C.P. Witter Limited’s revenue fell 43% to £5.5m in the year to 31 Dec 2024, with a loss of £1.3m and 23 employees. The company is classified under “manufacture of other fabricated metal products” and is based in Shrewsbury; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 25990Manufacture of other fabricated metal products n.e.c.

Status: Active
Location: Shrewsbury, West Midlands
Age: 48 yrs · since 1978
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: “Horizon Global European Holdings Limited (incorporated in the United Kingdom) is the immediate parent company of the smallest group of which the Company is a member and for which group financial state”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light

Revenue

£5.5m

Growth ▼43.2%

Profit

−£1.3m

Growth —

Profit margin

−23%

Gross 26.3%

Employees

Change ▼34.3%

Profit / employee

−£54.8k

Revenue/employee £239k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£10.9m	£9.7m	£5.5m
Cost of sales	£8.9m	£6.9m	£4m
Gross profit	£2m	£2.8m	£1.4m
Operating profit	−£362k	−£420k	−£1.1m
Profit before tax	−£552k	−£600k	−£1.3m
Profit after tax	−£2.3m	−£640k	−£1.3m
Profit (best available)	−£2.3m	−£640k	−£1.3m
Staff costs	£2m	£1.6m	£1.3m
Employees (average)	52	35	23
Ratios
Profit margin	−20.8%	−6.6%	−23%
Gross margin	18.2%	28.9%	26.3%
Revenue per employee	£209k	£276k	£239k
Profit per employee	−£43.6k	−£18.3k	−£54.8k
Growth (year on year)
Revenue growth	—	▼11.1%	▼43.2%
Headcount growth	—	▼32.7%	▼34.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£378k	£650k	£487k
Net assets	−£1.7m	−£2.4m	−£3.6m
Fixed assets	£207k	£59k	£20.8k
Current assets	£5.8m	£4.6m	£2.8m
Debtors	£882k	£523k	£385k
Deferred income	£155k	£259k	£212k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −23%; Profit ÷ revenue.
Gross margin: 26.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £239k; Revenue ÷ average employees.
Profit per employee: −£54.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7%; 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: —; Now −£3.6m
Cash at bank: ▼25%; Now £487k
Headcount: ▼34%; Now 23
Deferred income: ▼18%; Now £212k
Fixed assets: ▼65%; Now £20.8k

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

Horizon Global European Holdings Limitedultimate parent75–100%
C.P. Witter 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).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£1.3m), from the Companies House accounts bulk data published Sep 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.