How much does Wrap Ltd make?

Wrap Ltd reported revenue of £54.6m and £852k profit in the year to 30 Sep 2025, according to its accounts filed at Companies House.

How many employees does Wrap Ltd have?

Wrap Ltd reported an average of 205 employees in the year to 30 Sep 2025.

Is Wrap Ltd profitable?

Yes — Wrap Ltd reported a profit of £852k in the year to 30 Sep 2025.

Company No. 03800600 · Incorporated 5 Jul 1999

Wrap Ltd

Registered name: WRAP LTD

Wrap Ltd made £54.6m revenue and £852k profit in the year to 30 Sep 2025.

Wrap Ltd’s revenue grew 13% to £54.6m in the year to 30 Sep 2025, with £852k profit and 205 employees. The company is classified under “recovery of sorted materials” and is based in Wallingford; we hold 4 years of its filed accounts.

Full P&L filedSection E · Water supply, sewerage and waste managementSIC 38320Recovery of sorted materials SIC 47910Retail sale via mail order houses or via Internet

Status: Active
Location: Wallingford, South East
Age: 27 yrs · since 1999
Type: Private Limited Company

Latest accounts · year to 30 Sep 2025

Key figures

IndependentCapital-lightOperating leverageBoring industry

Revenue

£54.6m

Growth ▲12.6%

Profit

£852k

Growth ▲79.7%

Profit margin

1.6%

Gross 14.2%

Employees

205

Change ▲4.6%

Profit / employee

£4.2k

Revenue/employee £266k

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	30 Sep 2022	30 Sep 2023	30 Sep 2024	30 Sep 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£30.4m	£33.4m	£48.5m	£54.6m
Cost of sales	£27.2m	£29.8m	£42.9m	£46.9m
Gross profit	£3.2m	£3.6m	£5.6m	£7.8m
Operating profit	£216k	£284k	£437k	£871k
Profit before tax	£303k	£377k	£559k	£975k
Profit after tax	£237k	£290k	£474k	£852k
Profit (best available)	£237k	£290k	£474k	£852k
Staff costs	£4.9m	£4.7m	£6.1m	£6.6m
Employees (average)	177	168	196	205
Ratios
Profit margin	0.8%	0.9%	1%	1.6%
Gross margin	10.4%	10.8%	11.5%	14.2%
Revenue per employee	£172k	£199k	£248k	£266k
Profit per employee	£1.3k	£1.7k	£2.4k	£4.2k
Growth (year on year)
Revenue growth	—	▲9.8%	▲45.5%	▲12.6%
Profit growth	—	▲22.4%	▲63.7%	▲79.7%
Headcount growth	—	▼5.1%	▲16.7%	▲4.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.7m	£1.8m	£1.9m	£2.2m
Net assets	£1.7m	£1.9m	£2.4m	£3.3m
Fixed assets	£496k	£512k	£468k	£1m
Current assets	£6.8m	£8m	£9.6m	£10.3m
Debtors	£2m	£782k	£992k	£1m
Deferred income	£862k	£964k	£1.3m	£1.2m
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: 1.6%; Profit ÷ revenue.
Gross margin: 14.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £266k; Revenue ÷ average employees.
Profit per employee: £4.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.8%; 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: ▲35%; Now £3.3m
Cash at bank: ▲15%; Now £2.2m
Headcount: ▲5%; Now 205
Deferred income: ▼10%; Now £1.2m
Fixed assets: ▲115%; Now £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

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £852k), from the Companies House accounts bulk data published Jun 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.