Wingnut Utilities Limited
Registered name: WINGNUT UTILITIES LIMITED
Wingnut Utilities Limited made £16.3m revenue and £1.1m profit in the year to 31 Mar 2025. read from filing text
Wingnut Utilities Limited’s revenue fell 20% to £16.3m in the year to 31 Mar 2025, with £1.1m profit and 49 employees. The company is classified under “other telecommunications activities” and is based in Chorley; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Chorley, North West
- 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 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | £17.4m | £20.4m | £16.3m |
| Cost of sales | — | £8.9m | £9.8m | £8.7m |
| Gross profit | — | £8.5m | £10.6m | £7.6m |
| Operating profit | — | £6.3m | £3.6m | £1.5m |
| Profit before tax | — | £6.3m | £3.6m | £1.5m |
| Profit after tax | — | £5.1m | £2.7m | £1.1m |
| Profit (best available) | — | £5.1m | £2.7m | £1.1m |
| Staff costs | — | £1.3m | £5.9m | £5m |
| Employees (average) | 19 | 28 | 42 | 49 |
| Ratios | ||||
| Profit margin | — | 29.1% | 13.2% | 7% |
| Gross margin | — | 48.7% | 51.9% | 46.7% |
| Revenue per employee | — | £622k | £485k | £332k |
| Profit per employee | — | £181k | £64k | £23.3k |
| Cash conversion | — | −100.8% | −117.7% | −60.1% |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲17% | ▼20.3% |
| Profit growth | — | — | ▼47% | ▼57.5% |
| Headcount growth | — | ▲47.4% | ▲50% | ▲16.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.9m | £7m | £8.3m | £8.3m |
| Net assets | £1.4m | £6m | £8.7m | £9.8m |
| Fixed assets | £331k | £960k | £947k | £1.1m |
| Current assets | £3.1m | £8.8m | £12.1m | £10.9m |
| Debtors | £277k | £4.4k | £4.9k | £28k |
| Deferred income | — | £135k | £2.4m | £92.3k |
| Cash from operations | — | −£6.4m | −£4.2m | −£882k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 7%
- Profit ÷ revenue.
- Gross margin
- 46.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £332k
- Revenue ÷ average employees.
- Profit per employee
- £23.3k
- Profit ÷ average employees.
- Cash conversion
- −60.1%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.2%
- 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
- ▲13%
- Now £9.8m
- Cash at bank
- ▼0%
- Now £8.3m
- Headcount
- ▲17%
- Now 49
- Deferred income
- ▼96%
- Now £92.3k
- Fixed assets
- ▲12%
- Now £1.1m
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 Mar 2025 (profit £1.1m), from the Companies House accounts bulk data published Dec 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.