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Company No. 03299115 · Incorporated 6 Jan 1997

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.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47710Retail sale of clothing in specialised stores
Status
Active
Location
London, London
Age
29 yrs · since 1997
Type
Private Limited Company
Latest accounts · year to 31 Dec 2025

Key figures

Independent
Revenue
£16.9m
Growth ▲1.7%
Profit
£1.5m
Growth ▼8.6%
Profit margin
9.2%
Gross 47.8%
Employees
106
Change ▲16.5%
Profit / employee
£14.6k
Revenue/employee £159k
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 to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull 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)847691106
Ratios
Profit margin17%2.3%10.2%9.2%
Gross margin51.3%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
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Nov 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

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.
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
▲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.

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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.