Skip to content
CompanySight
Company No. 02142617 · Incorporated 26 Jun 1987

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
Latest accounts · year to 31 Mar 2026

Key figures

IndependentCapital-lightOperating leverage
Revenue
£8m
Growth ▲66.2%
Profit
£1.2m
Growth ▲150%
Profit margin
15.2%
Gross 50.1%
Employees
50
Change ▲21.9%
Profit / employee
£24.3k
Revenue/employee £160k
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.

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 202531 Mar 2026
DisclosureFull P&LFull P&LFull P&LFull P&LFull 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)3437444150
Ratios
Profit margin−11.7%0.1%1.2%10.1%15.2%
Gross margin13.8%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——
SourceAccounts · bulk data Mar 2024Accounts · bulk data Mar 2024FullAccounts · bulk data Mar 2025FilletedAccounts · bulk data Oct 2025FullAccounts · bulk data Jul 2026
Derived from the latest filing

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.
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
▲24%
Now £2.2m
Cash at bank
▲91%
Now £459k
Headcount
▲22%
Now 50
Deferred income
—
Now —
Fixed assets
▲86%
Now £650k
Same industry, similar size

Similar profitable businesses

Industry benchmarks →

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.