Westminster Group PLC
Registered name: WESTMINSTER GROUP PLC
Westminster Group PLC made £9.1m revenue and a £3.1m loss in the year to 30 Jun 2024.
Westminster Group PLC’s revenue was £9.1m in the year to 30 Jun 2024, with a loss of £3.1m. The company is classified under “activities of head offices” and is based in Banbury; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Banbury
- Age
- 26 yrs · since 2000
- Type
- Public Limited Company
Key figures
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 30 Jun 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £7.1m | £9.5m | £9.1m |
| Cost of sales | −£3.8m | −£4.4m | −£3.7m |
| Gross profit | £3.3m | £5.1m | £5.4m |
| Operating profit | −£1.9m | −£325k | −£1.9m |
| Profit before tax | −£1.9m | −£365k | −£3.2m |
| Profit after tax | −£1.9m | −£11k | −£3.1m |
| Profit (best available) | −£1.9m | −£11k | −£3.1m |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | −27.4% | −0.1% | −34.4% |
| Gross margin | 46.3% | 53.9% | 59.6% |
| Growth (year on year) | |||
| Revenue growth | — | ▲35.1% | — |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2024 |
How the business works
- Profit margin
- −34.4%
- Profit ÷ revenue.
- Gross margin
- 59.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (8)
- Westminster Aviation Security Services LimitedRev. £3.3m · Profit −£225k
- Westminster International LimitedRev. £2.8m · Profit £53k
- Westminster Services LimitedActive - Proposal to Strike offRev. £400k · Profit £0
- Sovereign Ferries LimitedRev. £0 · Profit £0
- Longmoor Security Services LimitedFigures not disclosed
- Westminster Cyber & Defence Technologies LimitedFigures not disclosed
- Westminster Maritime Services LtdFigures not disclosed
- Westminster Operating LimitedRev. — · Profit −£1.8m
Minority corporate shareholders
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Jun 2024 (profit −£3.1m), from the Companies House accounts bulk data published Dec 2024. 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.