How much does Appleby Westward Group Limited make?

Appleby Westward Group Limited reported revenue of £165m and a loss of £13.4m in the year to 26 Sep 2025, according to its accounts filed at Companies House.

How many employees does Appleby Westward Group Limited have?

Appleby Westward Group Limited reported an average of 198 employees in the year to 26 Sep 2025.

Is Appleby Westward Group Limited profitable?

No — Appleby Westward Group Limited reported a loss of £13.4m in the year to 26 Sep 2025.

Company No. 01791158 · Incorporated 13 Feb 1984

Appleby Westward Group Limited

Registered name: APPLEBY WESTWARD GROUP LIMITED

Part of The Spar Group Limited group

Appleby Westward Group Limited made £165m revenue and a £13.4m loss in the year to 26 Sep 2025.

Appleby Westward Group Limited’s revenue fell 9% to £165m in the year to 26 Sep 2025, with a loss of £13.4m and 198 employees. The company is classified under “non-specialised wholesale of food, beverages and tobacco” and is based in Saltash; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46390Non-specialised wholesale of food, beverages and tobacco

Status: Active
Location: Saltash, South West
Age: 42 yrs · since 1984
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 26 Sep 2025

Key figures

Capital-light

Revenue

£165m

Growth ▼9%

Profit

−£13.4m

Growth —

Profit margin

−8.1%

Gross 10.3%

Employees

198

Change ▼11.6%

Profit / employee

−£67.5k

Revenue/employee £835k

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 to	30 Sep 2022	30 Sep 2023	30 Sep 2024	26 Sep 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£178m	£197m	£182m	£165m
Cost of sales	£157m	£174m	£163m	£148m
Gross profit	£20.5m	£22.3m	£19m	£17m
Operating profit	£2m	£536k	−£15.2m	−£11.5m
Profit before tax	£1.6m	−£567k	−£16.1m	−£12.1m
Profit after tax	£1.6m	−£280k	−£15.1m	−£13.4m
Profit (best available)	£1.6m	−£280k	−£15.1m	−£13.4m
Staff costs	£7.2m	£7.7m	£7.1m	£7m
Employees (average)	175	221	224	198
Ratios
Profit margin	0.9%	−0.1%	−8.3%	−8.1%
Gross margin	11.5%	11.3%	10.5%	10.3%
Revenue per employee	£1m	£890k	£811k	£835k
Profit per employee	£9.2k	−£1.3k	−£67.5k	−£67.5k
Growth (year on year)
Revenue growth	—	▲10.7%	▼7.6%	▼9%
Profit growth	—	▼117.4%	—	—
Headcount growth	—	▲26.3%	▲1.4%	▼11.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£0	£1.6m	£0	£2.7m
Net assets	£36.6m	£36.3m	£21.2m	£7.9m
Fixed assets	£25.6m	£25.7m	£22.4m	£14.8m
Current assets	£61.8m	£53.6m	£34.6m	£32.2m
Debtors	£7.1m	£6.4m	£5.6m	£4.2m
Deferred income	£7.4m	£3.6m	£2.3m	£2.4m
Source	Accounts · bulk data Jun 2024	Accounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: −8.1%; Profit ÷ revenue.
Gross margin: 10.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £835k; Revenue ÷ average employees.
Profit per employee: −£67.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 8.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2.5%; 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: ▼63%; Now £7.9m
Cash at bank: —; Now £2.7m
Headcount: ▼12%; Now 198
Deferred income: ▲3%; Now £2.4m
Fixed assets: ▼34%; Now £14.8m

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

The Spar Group Limited (registered outside the UK register)ultimate parent75–100%
Triode Acquisitions UK Limited75–100%
Appleby Westward Group Limitedthis company

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

Subsidiaries (3)

Wessex Retail LimitedRev. £53.6m · Profit −£2.2m
Denovo Retail LimitedFigures not disclosed
GCL 2016 LimitedFigures not disclosed

Sister companies (2)

BWG Holdings LimitedActive - Proposal to Strike offFigures not disclosed
BWG Wholesale 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 26 Sep 2025 (profit −£13.4m), from the Companies House accounts bulk data published Aug 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.