Westwire Harnessing Limited
Registered name: WESTWIRE HARNESSING LIMITED
Westwire Harnessing Limited made £8m revenue and £1.2m profit in the year to 31 Mar 2026.
Westwire Harnessing Limited’s revenue grew 66% to £8m in the year to 31 Mar 2026, with £1.2m profit and 50 employees. The company is classified under “manufacture of other electronic and electric wires and cables” and is based in Swindon; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Swindon, South West
- Age
- 39 yrs · since 1987
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £2.9m | £3.2m | £4.3m | £4.8m | £8m |
| Cost of sales | £2.5m | £2.1m | £2.6m | £2.6m | £4m |
| Gross profit | £405k | £1.2m | £1.7m | £2.2m | £4m |
| Operating profit | −£422k | £17.1k | £126k | £636k | £1.6m |
| Profit before tax | −£425k | £2.5k | £83.3k | £637k | £1.6m |
| Profit after tax | −£343k | £2.3k | £50k | £485k | £1.2m |
| Profit (best available) | −£343k | £2.3k | £50k | £485k | £1.2m |
| Staff costs | £1.3m | £1.4m | £1.5m | — | — |
| Employees (average) | 34 | 37 | 44 | 41 | 50 |
| Ratios | |||||
| Profit margin | −11.7% | 0.1% | 1.2% | 10.1% | 15.2% |
| Gross margin | 13.8% | 36.5% | 40.2% | 46.7% | 50.1% |
| Revenue per employee | £86.5k | £87.5k | £98k | £117k | £160k |
| Profit per employee | −£10.1k | £61 | £1.1k | £11.8k | £24.3k |
| Growth (year on year) | |||||
| Revenue growth | — | — | ▲33.3% | ▲11.6% | ▲66.2% |
| Profit growth | — | — | ▲2118% | ▲871% | ▲150% |
| Headcount growth | — | — | ▲18.9% | ▼6.8% | ▲21.9% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £124k | £66.7k | £195k | £240k | £459k |
| Net assets | £1.3m | £1.3m | £1.3m | £1.8m | £2.2m |
| Fixed assets | £401k | £477k | £390k | £350k | £650k |
| Current assets | £1.7m | £1.8m | £2.8m | £3.6m | £4.1m |
| Debtors | £465k | £780k | £1.1m | £817k | £1.3m |
| Deferred income | £88.8k | £70.7k | £110k | — | — |
| Source | Accounts · bulk data Mar 2024 | Accounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2025 | FilletedAccounts · bulk data Oct 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 15.2%
- Profit ÷ revenue.
- Gross margin
- 50.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £160k
- Revenue ÷ average employees.
- Profit per employee
- £24.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 8.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 15.9%
- 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
- ▲24%
- Now £2.2m
- Cash at bank
- ▲91%
- Now £459k
- Headcount
- ▲22%
- Now 50
- Deferred income
- —
- Now —
- Fixed assets
- ▲86%
- Now £650k
Similar profitable businesses
- Nexans Power Accessories (UK) LtdNormanton · Manufacture of other electronic and electric wires and cables
- Revenue
- £7.9m
- Profit
- £1.6m
- Staff
- —
- Aq Wiring Systems Rockford LtdWorksop · Manufacture of other electronic and electric wires and cables
- Revenue
- £11m
- Profit
- £33.7k
- Staff
- 127
- Sun-Wa Technos (UK) Connect Solutions LtdAltrincham · Manufacture of other electronic and electric wires and cables
- Revenue
- £5.4m
- Profit
- £13.8k
- Staff
- 41
- Regal Manufacturing LimitedGainsborough · Manufacture of other electronic and electric wires and cables
- Revenue
- £12.4m
- Profit
- £2.2m
- Staff
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- Amo Special Cables LimitedLeigh · Manufacture of other electronic and electric wires and cables
- Revenue
- £13.6m
- Profit
- £369k
- Staff
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- Auto Marine Cables LimitedWorsley · Manufacture of other electronic and electric wires and cables
- Revenue
- £13.9m
- Profit
- £963k
- Staff
- 64
Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £1.2m), from the Companies House accounts bulk data published Jul 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.