How much does W.D. Close & Sons Limited make?

W.D. Close & Sons Limited reported revenue of £12.7m and £98.6k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does W.D. Close & Sons Limited have?

W.D. Close & Sons Limited reported an average of 128 employees in the year to 31 Mar 2025.

Is W.D. Close & Sons Limited profitable?

Yes — W.D. Close & Sons Limited reported a profit of £98.6k in the year to 31 Mar 2025.

Company No. 02031962 · Incorporated 27 Jun 1986

W.D. Close & Sons Limited

Registered name: W.D. CLOSE & SONS LIMITED

Part of Shelford Holdings Ltd group

W.D. Close & Sons Limited made £12.7m revenue and £98.6k profit in the year to 31 Mar 2025. read from filing text

W.D. Close & Sons Limited’s revenue fell 9% to £12.7m in the year to 31 Mar 2025, with £98.6k profit and 128 employees. The company is classified under “manufacture of other fabricated metal products” and is based in Wallsend; we hold 4 years of its filed accounts.

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

Status: Active
Location: Wallsend, North East
Age: 40 yrs · since 1986
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 parent company of W.D. Close & Sons Limited is Shelford Holdings Limited. The registered office of Shelford Holdings Limited is Carville Works, Hadrian Road, Wallsend, England, NE28 6HF.”

Latest accounts · year to 31 Mar 2025

Key figures

Revenue

£12.7m

Growth ▼8.5%

Profit

£98.6k

Growth ▼90.3%

Profit margin

0.8%

Gross 20.1%

Employees

128

Change ▲3.2%

Profit / employee

£770

Revenue/employee £99.6k

Profitable streak

4yrs

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	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£12.2m	£12.4m	£13.9m	£12.7m
Cost of sales	£9.5m	£9.8m	£10.1m	£10.2m
Gross profit	£2.7m	£2.7m	£3.9m	£2.6m
Operating profit	£604k	£338k	£1.3m	£124k
Profit before tax	£604k	£358k	£1.4m	£135k
Profit after tax	£524k	£490k	£1m	£98.6k
Profit (best available)	£524k	£490k	£1m	£98.6k
Employees (average)	96	126	124	128
Ratios
Profit margin	4.3%	4%	7.3%	0.8%
Gross margin	22.5%	21.3%	27.7%	20.1%
Revenue per employee	£127k	£98.6k	£112k	£99.6k
Profit per employee	£5.5k	£3.9k	£8.2k	£770
Growth (year on year)
Revenue growth	—	▲1.8%	▲12.2%	▼8.5%
Profit growth	—	▼6.4%	▲108.3%	▼90.3%
Headcount growth	—	▲31.3%	▼1.6%	▲3.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£5.4m	£1.4m	£1.8m	£1.2m
Net assets	£9.8m	£5.2m	£6.2m	£6.3m
Fixed assets	£4.3m	£1.6m	£1.5m	£1.5m
Current assets	£9.9m	£6m	£6.9m	£7.1m
Debtors	£1.7m	£2.4m	£1.6m	£2.9m
Deferred income	£364k	£207k	£202k	£197k
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: 0.8%; Profit ÷ revenue.
Gross margin: 20.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £99.6k; Revenue ÷ average employees.
Profit per employee: £770; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 12%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 22.8%; 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: ▲2%; Now £6.3m
Cash at bank: ▼29%; Now £1.2m
Headcount: ▲3%; Now 128
Deferred income: ▼2%; Now £197k
Fixed assets: ▼1%; Now £1.5m

Corporate ownership

Group structure

Ownership chain

Shelford Holdings Ltdultimate parent75–100%
W.D. Close & Sons 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 Mar 2025 (profit £98.6k), from the Companies House accounts bulk data published Jan 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.