How much does Walker Modular Limited make?

Walker Modular Limited reported revenue of £63.9m and £6.9m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Walker Modular Limited have?

Walker Modular Limited reported an average of 398 employees in the year to 31 Mar 2025.

Is Walker Modular Limited profitable?

Yes — Walker Modular Limited reported a profit of £6.9m in the year to 31 Mar 2025.

Company No. 05870616 · Incorporated 10 Jul 2006

Walker Modular Limited

Registered name: WALKER MODULAR LIMITED

Part of Walker Modular Holdings Limited group

Walker Modular Limited made £63.9m revenue and £6.9m profit in the year to 31 Mar 2025. read from filing text

Walker Modular Limited’s revenue grew 13% to £63.9m in the year to 31 Mar 2025, with £6.9m profit and 398 employees. The company is classified under “other manufacturing” and is based in Hull; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 32990Other manufacturing n.e.c.

Status: Active
Location: Hull, Yorkshire and The Humber
Age: 20 yrs · since 2006
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 31 Mar 2025

Key figures

Capital-lightOperating leverageDoing more with less

Revenue

£63.9m

Growth ▲12.6%

Profit

£6.9m

Growth ▲1742%

Profit margin

10.8%

Gross 14.3%

Employees

398

Change ▼6.8%

Profit / employee

£17.3k

Revenue/employee £160k

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£45.7m	£52.9m	£56.7m	£63.9m
Cost of sales	£42.7m	£50.9m	£54.3m	£54.7m
Gross profit	£3m	£2m	£2.4m	£9.2m
Operating profit	£944k	−£63.6k	−£212k	£7.2m
Profit before tax	£960k	£62.7k	£500k	£8.2m
Profit after tax	£1.3m	£81.2k	£375k	£6.9m
Profit (best available)	£1.3m	£81.2k	£375k	£6.9m
Staff costs	£14.9m	£16.6m	£18.7m	£18.1m
Employees (average)	373	396	427	398
Ratios
Profit margin	2.8%	0.1%	0.7%	10.8%
Gross margin	6.6%	3.8%	4.2%	14.3%
Revenue per employee	£123k	£134k	£133k	£160k
Profit per employee	£3.4k	£205	£878	£17.3k
Cash conversion	449.9%	—	—	—
Growth (year on year)
Revenue growth	—	▲15.7%	▲7.2%	▲12.6%
Profit growth	—	▼93.7%	▲361.7%	▲1742%
Headcount growth	—	▲6.2%	▲7.8%	▼6.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£41.9m	£40.1m	£32.4m	£34.6m
Net assets	£53.8m	£53.9m	£51.6m	£58.5m
Fixed assets	£5.2m	£4.2m	£1.5m	£1.4m
Current assets	£63.2m	£64.2m	£69.3m	£73.6m
Debtors	£7.6m	£11.5m	£11.5m	£8.2m
Deferred income	£6.2m	£5.9m	£7.9m	£5.7m
Cash from operations	£4.2m	£2.4m	—	—
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 10.8%; Profit ÷ revenue.
Gross margin: 14.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £160k; Revenue ÷ average employees.
Profit per employee: £17.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 8.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 12.9%; 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: ▲13%; Now £58.5m
Cash at bank: ▲7%; Now £34.6m
Headcount: ▼7%; Now 398
Deferred income: ▼28%; Now £5.7m
Fixed assets: ▼6%; Now £1.4m

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

Walker Modular Holdings Limitedultimate parent75–100%
Walker Modular Limitedthis company

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

Subsidiaries (1)

Walker Modular Property Co LimitedFigures not disclosed

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 Mar 2025 (profit £6.9m), from the Companies House accounts bulk data published Dec 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.