How much does Weststone Limited make?

Weststone Limited reported revenue of £19.4m and £696k profit in the year to 31 Jan 2024, according to its accounts filed at Companies House.

How many employees does Weststone Limited have?

Weststone Limited reported an average of 45 employees in the year to 31 Jan 2024.

Is Weststone Limited profitable?

Yes — Weststone Limited reported a profit of £696k in the year to 31 Jan 2024.

Company No. 03161527 · Incorporated 19 Feb 1996

Weststone Limited

Registered name: WESTSTONE LIMITED

Part of Weststone Group Ltd group

Weststone Limited made £19.4m revenue and £696k profit in the year to 31 Jan 2024.

Weststone Limited’s revenue grew 76% to £19.4m in the year to 31 Jan 2024, with £696k profit and 45 employees. The company is classified under “manufacture of other electrical equipment” and is based in Leeds; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 27900Manufacture of other electrical equipment

Status: Liquidation
Location: Leeds, Yorkshire and The Humber
Age: 30 yrs · since 1996
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 31 Jan 2024

Key figures

Capital-lightOperating leverage

Revenue

£19.4m

Growth ▲76%

Profit

£696k

Growth ▲138.1%

Profit margin

3.6%

Gross 20.6%

Employees

Change ▲18.4%

Profit / employee

£15.5k

Revenue/employee £431k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jan 2023	31 Jan 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£11m	£19.4m
Cost of sales	£8.8m	£15.4m
Gross profit	£2.2m	£4m
Operating profit	£420k	£1.1m
Profit before tax	£375k	£944k
Profit after tax	£292k	£696k
Profit (best available)	£292k	£696k
Staff costs	£1.2m	£2m
Employees (average)	38	45
Ratios
Profit margin	2.6%	3.6%
Gross margin	20.4%	20.6%
Revenue per employee	£290k	£431k
Profit per employee	£7.7k	£15.5k
Growth (year on year)
Revenue growth	—	▲76%
Profit growth	—	▲138.1%
Headcount growth	—	▲18.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£216k	£289k
Net assets	£3.1m	£2.9m
Fixed assets	£223k	£521k
Current assets	£7.8m	£11.7m
Debtors	£2.4m	£3.7m
Deferred income	£46k	£83.9k
Source	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Jan 2025

Derived from the latest filing

How the business works

Profit margin: 3.6%; Profit ÷ revenue.
Gross margin: 20.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £431k; Revenue ÷ average employees.
Profit per employee: £15.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 19.3%; 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: ▼6%; Now £2.9m
Cash at bank: ▲34%; Now £289k
Headcount: ▲18%; Now 45
Deferred income: ▲82%; Now £83.9k
Fixed assets: ▲134%; Now £521k

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

Weststone Group Ltd (registered outside the UK register)ultimate parent75–100%
Weststone 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).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jan 2024 (profit £696k), from the Companies House accounts bulk data published Jan 2025. 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.