How much does P W Commercial Company Limited make?

P W Commercial Company Limited reported revenue of £11.3m and £280k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does P W Commercial Company Limited have?

P W Commercial Company Limited reported an average of 86 employees in the year to 31 Dec 2025.

Is P W Commercial Company Limited profitable?

Yes — P W Commercial Company Limited reported a profit of £280k in the year to 31 Dec 2025.

Company No. 02994299 · Incorporated 24 Nov 1994

P W Commercial Company Limited

Registered name: P W COMMERCIAL COMPANY LIMITED

P W Commercial Company Limited made £11.3m revenue and £280k profit in the year to 31 Dec 2025.

P W Commercial Company Limited’s revenue grew 3% to £11.3m in the year to 31 Dec 2025, with £280k profit and 86 employees. The company is classified under “wholesale of waste and scrap” and is based in Cheltenham; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46770Wholesale of waste and scrap SIC 52219Other service activities incidental to land transportation, n.e.c.

Status: Active
Location: Cheltenham, South West
Age: 31 yrs · since 1994
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentOperating leverageCash flow filed

Revenue

£11.3m

Growth ▲3.1%

Profit

£280k

Growth ▲15.3%

Profit margin

2.5%

Gross 32.7%

Employees

Change ▲13.2%

Profit / employee

£3.3k

Revenue/employee £131k

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 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)	£10.7m	£10.2m	£10.9m	£11.3m
Cost of sales	£8.1m	£7m	£7.5m	£7.6m
Gross profit	£2.6m	£3.2m	£3.5m	£3.7m
Operating profit	−£13k	£417k	£249k	£342k
Profit before tax	£53.2k	£403k	£295k	£375k
Profit after tax	£124k	£213k	£243k	£280k
Profit (best available)	£124k	£213k	£243k	£280k
Staff costs	£3.6m	£3.7m	£4.7m	£4.5m
Employees (average)	76	72	76	86
Ratios
Profit margin	1.2%	2.1%	2.2%	2.5%
Gross margin	24.5%	31.4%	31.6%	32.7%
Revenue per employee	£141k	£141k	£144k	£131k
Profit per employee	£1.6k	£3k	£3.2k	£3.3k
Cash conversion	—	−42.6%	−411.5%	−358%
Growth (year on year)
Revenue growth	—	▼5.1%	▲7.8%	▲3.1%
Profit growth	—	▲71.8%	▲13.9%	▲15.3%
Headcount growth	—	▼5.3%	▲5.6%	▲13.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£407k	£658k	£489k	£569k
Net assets	£4m	£4m	£4m	£4.1m
Fixed assets	£2.2m	£1.9m	£2.4m	£2.5m
Current assets	£3.7m	£3.9m	£3.6m	£3.8m
Debtors	£1.1m	£1.7m	£1.7m	£1.7m
Deferred income	£284k	£251k	£300k	£229k
Cash from operations	−£1.2m	−£178k	−£1m	−£1.2m
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Aug 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 2.5%; Profit ÷ revenue.
Gross margin: 32.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £131k; Revenue ÷ average employees.
Profit per employee: £3.3k; Profit ÷ average employees.
Cash conversion: −358%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 21.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15.3%; 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 £4.1m
Cash at bank: ▲16%; Now £569k
Headcount: ▲13%; Now 86
Deferred income: ▼24%; Now £229k
Fixed assets: ▲1%; Now £2.5m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £280k), from the Companies House accounts bulk data published Sep 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.