Wax Art Limited
Registered name: WAX ART LIMITED
Part of Wax Art Holdings Limited groupWax Art Limited made £6.7m revenue and £719k profit in the year to 30 Apr 2025.
Wax Art Limited’s revenue grew 2% to £6.7m in the year to 30 Apr 2025, with £719k profit and 57 employees. The company is classified under “other business support service activities” and is based in Hornchurch; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Hornchurch, London
- Age
- 21 yrs · since 2005
- Type
- Private Limited Company
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £6.6m | £6.7m |
| Cost of sales | — | £3.8m | £3.8m |
| Gross profit | — | £2.8m | £2.9m |
| Operating profit | — | £874k | £941k |
| Profit before tax | — | £940k | £977k |
| Profit after tax | — | £688k | £719k |
| Profit (best available) | — | £688k | £719k |
| Staff costs | — | £2m | £2m |
| Employees (average) | 77 | 74 | 57 |
| Ratios | |||
| Profit margin | — | 10.5% | 10.8% |
| Gross margin | — | 42.9% | 42.9% |
| Revenue per employee | — | £88.8k | £117k |
| Profit per employee | — | £9.3k | £12.6k |
| Cash conversion | — | −94.6% | −92.1% |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲1.9% |
| Profit growth | — | — | ▲4.6% |
| Headcount growth | — | ▼3.9% | ▼23% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £2.5m | £2.3m | £2.3m |
| Net assets | £5.7m | £5.5m | £5.9m |
| Fixed assets | £222k | £184k | £264k |
| Current assets | £6.2m | £6.1m | £6.8m |
| Debtors | £588k | £472k | £807k |
| Cash from operations | — | −£827k | −£866k |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 10.8%
- Profit ÷ revenue.
- Gross margin
- 42.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £117k
- Revenue ÷ average employees.
- Profit per employee
- £12.6k
- Profit ÷ average employees.
- Cash conversion
- −92.1%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 12%
- 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
- ▲8%
- Now £5.9m
- Cash at bank
- ▲2%
- Now £2.3m
- Headcount
- ▼23%
- Now 57
- Deferred income
- —
- Now —
- Fixed assets
- ▲43%
- Now £264k
Group structure
Ownership chain
- Wax Art Holdings Limitedultimate parent75–100%
- Wax Art Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Wax Art Properties 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 Apr 2025 (profit £719k), from the Companies House accounts bulk data published Jan 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.