Wheeler's (Westbury) Limited
Registered name: WHEELER'S (WESTBURY) LIMITED
Part of Wheelers Trustees Limited groupWheeler's (Westbury) Limited made £34.7m revenue and £2.7m profit in the year to 31 Dec 2025.
Wheeler's (Westbury) Limited’s revenue grew 83% to £34.7m in the year to 31 Dec 2025, with £2.7m profit and 125 employees. The company is classified under “electrical installation” and is based in Westbury; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Westbury, South West
- Age
- 43 yrs · since 1982
- 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.
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&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £11.8m | £12.9m | £19m | £34.7m |
| Cost of sales | £8.2m | £9m | £14.2m | £26m |
| Gross profit | £3.5m | £3.9m | £4.8m | £8.8m |
| Operating profit | £265k | £317k | £774k | £3.7m |
| Profit before tax | £239k | £287k | £746k | £3.7m |
| Profit after tax | £190k | £218k | £554k | £2.7m |
| Profit (best available) | £190k | £218k | £554k | £2.7m |
| Staff costs | £4.9m | £5.2m | £5.5m | £6.3m |
| Employees (average) | 138 | 117 | 117 | 125 |
| Ratios | ||||
| Profit margin | 1.6% | 1.7% | 2.9% | 7.9% |
| Gross margin | 29.9% | 30.4% | 25.1% | 25.2% |
| Revenue per employee | £85.3k | £110k | £162k | £278k |
| Profit per employee | £1.4k | £1.9k | £4.7k | £22k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲9.4% | ▲47.6% | ▲82.6% |
| Profit growth | — | ▲14.7% | ▲154.2% | ▲396.1% |
| Headcount growth | — | ▼15.2% | 0% | ▲6.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £254k | £303k | £1.5m | £3.3m |
| Net assets | £1.3m | £1.4m | £1.6m | £3m |
| Fixed assets | £599k | £701k | £794k | £1.3m |
| Current assets | £5.2m | £6.1m | £9.3m | £10.3m |
| Debtors | £1.4m | £1.3m | £3.2m | £1.5m |
| Deferred income | £1.6m | £2m | £4.5m | £4.4m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 7.9%
- Profit ÷ revenue.
- Gross margin
- 25.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £278k
- Revenue ÷ average employees.
- Profit per employee
- £22k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 12.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.2%
- 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
- ▲85%
- Now £3m
- Cash at bank
- ▲129%
- Now £3.3m
- Headcount
- ▲7%
- Now 125
- Deferred income
- ▼3%
- Now £4.4m
- Fixed assets
- ▲67%
- Now £1.3m
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
- Wheelers Trustees Limitedultimate parent75–100%
- Wheeler's (Westbury) Holdings Limited75–100%
- Wheeler's (Westbury) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Wheeler's Fire & Security LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £2.7m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 14 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.