How much does Wurth Electronics UK Limited make?

Wurth Electronics UK Limited reported revenue of £29m and £2.5m profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Wurth Electronics UK Limited have?

Wurth Electronics UK Limited reported an average of 69 employees in the year to 31 Dec 2023.

Is Wurth Electronics UK Limited profitable?

Yes — Wurth Electronics UK Limited reported a profit of £2.5m in the year to 31 Dec 2023.

Company No. 05989226 · Incorporated 6 Nov 2006

Wurth Electronics UK Limited

Registered name: WURTH ELECTRONICS UK LIMITED

Wurth Electronics UK Limited made £29m revenue and £2.5m profit in the year to 31 Dec 2023.

Wurth Electronics UK Limited’s revenue fell 5% to £29m in the year to 31 Dec 2023, with £2.5m profit and 69 employees. The company is classified under “wholesale of electronic and telecommunications equipment and parts” and is based in Mediacityuk; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46520Wholesale of electronic and telecommunications equipment and parts

Status: Active
Location: Mediacityuk, North West
Age: 19 yrs · since 2006
Type: Private Limited Company

Latest accounts · year to 31 Dec 2023

Key figures

IndependentCapital-light

Revenue

£29m

Growth ▼5%

Profit

£2.5m

Growth ▼42.2%

Profit margin

8.6%

Gross 34.2%

Employees

Change ▲19%

Profit / employee

£36k

Revenue/employee £420k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£30.5m	£29m
Cost of sales	£19.6m	£19.1m
Gross profit	£10.9m	£9.9m
Operating profit	£5.3m	£3.1m
Profit before tax	£5.3m	£3.3m
Profit after tax	£4.3m	£2.5m
Profit (best available)	£4.3m	£2.5m
Employees (average)	58	69
Ratios
Profit margin	14.1%	8.6%
Gross margin	35.8%	34.2%
Revenue per employee	£526k	£420k
Profit per employee	£74.1k	£36k
Growth (year on year)
Revenue growth	—	▼5%
Profit growth	—	▼42.2%
Headcount growth	—	▲19%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.9k	£1k
Net assets	£8m	£7.6m
Fixed assets	£1.3m	£1.7m
Current assets	£10.2m	£9m
Debtors	£10.1m	£8.8m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: 8.6%; Profit ÷ revenue.
Gross margin: 34.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £420k; Revenue ÷ average employees.
Profit per employee: £36k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 30.3%; 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: ▼5%; Now £7.6m
Cash at bank: ▼44%; Now £1k
Headcount: ▲19%; Now 69
Deferred income: —; Now —
Fixed assets: ▲34%; Now £1.7m

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £2.5m), from the Companies House accounts bulk data published Sep 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.