How much does WCM Europe Ltd make?

WCM Europe Ltd reported revenue of £29.2m and £357k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does WCM Europe Ltd have?

WCM Europe Ltd reported an average of 203 employees in the year to 31 Dec 2023.

Is WCM Europe Ltd profitable?

Yes — WCM Europe Ltd reported a profit of £357k in the year to 31 Dec 2023.

Company No. 05551941 · Incorporated 1 Sep 2005

WCM Europe Ltd

Registered name: WCM EUROPE LTD

WCM Europe Ltd made £29.2m revenue and £357k profit in the year to 31 Dec 2023. read from filing text

WCM Europe Ltd’s revenue grew 22% to £29.2m in the year to 31 Dec 2023, with £357k profit and 203 employees. The company is classified under “manufacture of other plastic products” and is based in Nottingham; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 22290Manufacture of other plastic products SIC 24330Cold forming or folding

Status: In Administration
Location: Nottingham, East Midlands
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. From the filing: “The ultimate and immediate parent company is WCM Investments Limited, a company incorporated in England and Wales.”

Latest accounts · year to 31 Dec 2023

Key figures

Revenue

£29.2m

Growth ▲22%

Profit

£357k

Growth —

Profit margin

1.2%

Gross 24%

Employees

203

Change ▲21.6%

Profit / employee

£1.8k

Revenue/employee £144k

Profitable streak

1yr

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£24m	£29.2m
Cost of sales	£18.8m	£22.2m
Gross profit	£5.1m	£7m
Operating profit	−£468k	£524k
Profit before tax	−£764k	−£38.4k
Profit after tax	−£79.1k	£357k
Profit (best available)	−£79.1k	£357k
Staff costs	£6.2m	£8.1m
Employees (average)	167	203
Ratios
Profit margin	−0.3%	1.2%
Gross margin	21.4%	24%
Revenue per employee	£143k	£144k
Profit per employee	−£474	£1.8k
Growth (year on year)
Revenue growth	—	▲22%
Headcount growth	—	▲21.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£269k	£112k
Net assets	£4.8m	£5.2m
Fixed assets	£7.4m	£8.1m
Current assets	£10.3m	£13.1m
Debtors	£5.2m	£7.8m
Deferred income	£175k	£220k
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: 1.2%; Profit ÷ revenue.
Gross margin: 24%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £144k; Revenue ÷ average employees.
Profit per employee: £1.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 27.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 26.7%; 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: ▲7%; Now £5.2m
Cash at bank: ▼58%; Now £112k
Headcount: ▲22%; Now 203
Deferred income: ▲26%; Now £220k
Fixed assets: ▲8%; Now £8.1m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Minority corporate shareholders

WCM Investments Ltd 25–50%

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £357k), 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.