How much does WPM Education Limited make?

WPM Education Limited reported revenue of £4.6m and £1.1m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does WPM Education Limited have?

WPM Education Limited reported an average of 2 employees in the year to 31 Dec 2024.

Is WPM Education Limited profitable?

Yes — WPM Education Limited reported a profit of £1.1m in the year to 31 Dec 2024.

Company No. 05811211 · Incorporated 9 May 2006

WPM Education Limited

Registered name: WPM EDUCATION LIMITED

Part of Flywire Corporation group

WPM Education Limited made £4.6m revenue and £1.1m profit in the year to 31 Dec 2024. read from filing text

WPM Education Limited’s revenue fell 6% to £4.6m in the year to 31 Dec 2024, with £1.1m profit and 2 employees. The company is classified under “business and domestic software development” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development

Status: Active
Location: London, London
Age: 20 yrs · since 2006
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: “The”

Latest accounts · year to 31 Dec 2024

Key figures

Small teamCapital-light

Revenue

£4.6m

Growth ▼5.6%

Profit

£1.1m

Growth —

Profit margin

24.1%

Employees

Change 0%

Profit / employee

£556k

Revenue/employee £2.3m

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	No P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	£4.9m	£4.6m
Operating profit	—	−£599k	£968k
Profit before tax	—	−£590k	£977k
Profit after tax	—	−£542k	£1.1m
Profit (best available)	—	−£542k	£1.1m
Employees (average)	2	2	2
Ratios
Profit margin	—	−11.1%	24.1%
Revenue per employee	—	£2.4m	£2.3m
Profit per employee	—	−£271k	£556k
Growth (year on year)
Revenue growth	—	—	▼5.6%
Headcount growth	—	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.5m	£2.8m	£464k
Net assets	−£1.9m	−£2.5m	−£1.4m
Fixed assets	£32.4k	£23.7k	£5.5k
Current assets	£2.2m	£3.9m	£1.6m
Debtors	£349k	£940k	£1.1m
Deferred income	£2.9m	£2.4m	£1.4m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: 24.1%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £2.3m; Revenue ÷ average employees.
Profit per employee: £556k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 29.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 24.2%; 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: —; Now −£1.4m
Cash at bank: ▼84%; Now £464k
Headcount: 0%; Now 2
Deferred income: ▼43%; Now £1.4m
Fixed assets: ▼77%; Now £5.5k

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

Ownership chain

Flywire Corporation (registered outside the UK register)ultimate parent75–100%
Flywire Payments Limited75–100%
WPM Education Limitedthis company

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

Sister companies (1)

WPM Payment Security LimitedRev. £235k · Profit £205k

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

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.1m), from the Companies House accounts bulk data published Oct 2025. 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.