UK Wip Ltd
Registered name: UK WIP LTD
UK Wip Ltd made £16.9m revenue and £1.5m profit in the year to 31 Dec 2025.
UK Wip Ltd’s revenue grew 2% to £16.9m in the year to 31 Dec 2025, with £1.5m profit and 106 employees. The company is classified under “retail sale of clothing in specialised stores” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 29 yrs · since 1997
- 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 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) | £13.6m | £14.7m | £16.6m | £16.9m |
| Cost of sales | £6.6m | £7.9m | £8.2m | £8.8m |
| Gross profit | £7m | £6.8m | £8.4m | £8.1m |
| Operating profit | £2.3m | £413k | £2.3m | £2.1m |
| Profit before tax | £2.3m | £421k | £2.3m | £1.9m |
| Profit after tax | £2.3m | £337k | £1.7m | £1.5m |
| Profit (best available) | £2.3m | £337k | £1.7m | £1.5m |
| Staff costs | £1.9m | £2m | £2.9m | £3.8m |
| Employees (average) | 84 | 76 | 91 | 106 |
| Ratios | ||||
| Profit margin | 17% | 2.3% | 10.2% | 9.2% |
| Gross margin | 51.3% | 46.3% | 50.6% | 47.8% |
| Revenue per employee | £161k | £193k | £182k | £159k |
| Profit per employee | £27.5k | £4.4k | £18.6k | £14.6k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲8.3% | ▲13% | ▲1.7% |
| Profit growth | — | ▼85.4% | ▲403.2% | ▼8.6% |
| Headcount growth | — | ▼9.5% | ▲19.7% | ▲16.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.9m | £1.3m | £1.7m | £1.5m |
| Net assets | £1.3m | £1.6m | £3m | £4.6m |
| Fixed assets | £753k | £1m | £3.7m | £5.9m |
| Current assets | £3.7m | £5.3m | £7.5m | £10.5m |
| Debtors | £35.1k | £19.3k | £0 | £7m |
| Deferred income | £290k | £276k | £411k | £516k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Nov 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 9.2%
- Profit ÷ revenue.
- Gross margin
- 47.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £159k
- Revenue ÷ average employees.
- Profit per employee
- £14.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 34.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 41.6%
- 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
- ▲51%
- Now £4.6m
- Cash at bank
- ▼12%
- Now £1.5m
- Headcount
- ▲16%
- Now 106
- Deferred income
- ▲26%
- Now £516k
- Fixed assets
- ▲56%
- Now £5.9m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.5m), 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.