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Company No. 05508992 · Incorporated 14 Jul 2005

Wax Art Limited

Registered name: WAX ART LIMITED

Part of Wax Art Holdings Limited group

Wax 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.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.
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.

Latest accounts · year to 30 Apr 2025

Key figures

Capital-lightOperating leverageDoing more with lessCash flow filed
Revenue
£6.7m
Growth ▲1.9%
Profit
£719k
Growth ▲4.6%
Profit margin
10.8%
Gross 42.9%
Employees
57
Change ▼23%
Profit / employee
£12.6k
Revenue/employee £117k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Apr 202330 Apr 202430 Apr 2025
DisclosureNo P&LFull P&LFull 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)777457
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
SourceFullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2024FullAccounts · bulk data Jan 2026
Derived from the latest filing

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.
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
▲8%
Now £5.9m
Cash at bank
▲2%
Now £2.3m
Headcount
▼23%
Now 57
Deferred income
—
Now —
Fixed assets
▲43%
Now £264k
Corporate ownership

Group structure

Ownership chain

  1. Wax Art Holdings Limitedultimate parent75–100%
  2. Wax Art Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

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.