Wixams First Limited
Registered name: WIXAMS FIRST LIMITED
Part of Mills & Reeve LLP groupWixams First Limited made £23.2m revenue and £9.1m profit in the year to 30 Sep 2025.
Wixams First Limited’s revenue was £23.2m in the year to 30 Sep 2025, with £9.1m profit and 0 employees. The company is classified under “buying and selling of own real estate” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 24 yrs · since 2002
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “From 6 August 2024, the company's immediate parent undertaking is Urban&Civic Estates Limited, a company incorporated in England & Wales.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £30.8m | £23.2m |
| Cost of sales | £18.1m | £15m |
| Gross profit | £12.7m | £8.2m |
| Operating profit | £12.2m | £7.1m |
| Profit before tax | £15m | £9.1m |
| Profit after tax | £15m | £9.1m |
| Profit (best available) | £15m | £9.1m |
| Employees (average) | — | 0 |
| Ratios | ||
| Profit margin | 48.8% | 39% |
| Gross margin | 41.3% | 35.3% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £222k | £135k |
| Net assets | £24.6m | £18.6m |
| Current assets | £64m | £78.3m |
| Debtors | £8.5m | £12.5k |
| Deferred income | £39.1m | £46.8m |
| Source | FullAccounts · bulk data Mar 2026 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 39%
- Profit ÷ revenue.
- Gross margin
- 35.3%
- 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
- 201.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.1%
- 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 £18.6m
- Cash at bank
- —
- Now £135k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now £46.8m
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Mills & Reeve LLPultimate parent75–100%
- Mills & Reeve Trust Corporation Limited75–100%
- Gower Place Investments Limited75–100%
- Urban&civic PLC75–100%
- Urban&civic Westview Investments Limited75–100%
- Urban&civic Group Limited75–100%
- Urban&civic Estates Limited75–100%
- Wixams First Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Urban&civic Elstow LimitedFigures not disclosed
Sister companies (9)
- Urban&civic Estates Projects LimitedRev. £1.8m · Profit £96.4k
- Urban&civic Llanwern LimitedRev. £225k · Profit £223k
- Catesby Homes LimitedFigures not disclosed
- Portobello Developments 2002 LimitedFigures not disclosed
- Urban&civic Bridgend LimitedRev. — · Profit −£6.4k
- Urban&civic Estates Land LimitedFigures not disclosed
- Urban&civic Genr LimitedFigures not disclosed
- Urban&civic Longstanton LimitedRev. — · Profit −£136k
- West Longstanton LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £9.1m), from the Companies House accounts bulk data published Mar 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.