Winch Solutions Limited
Registered name: WINCH SOLUTIONS LIMITED
Part of Bpe Holdings Limited groupWinch Solutions Limited made £4.9m revenue and a £2.3m loss in the year to 30 Apr 2024. read from filing text
Winch Solutions Limited’s revenue fell 61% to £4.9m in the year to 30 Apr 2024, with a loss of £2.3m and 31 employees. The company is classified under “agents involved in the sale of machinery, industrial equipment, ships and aircraft” and is based in Wigan; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Wigan, North West
- Age
- 19 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. From the filing: “The ultimate parent company is”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £13.3m | £12.7m | £4.9m |
| Cost of sales | £10.1m | £9.6m | £3.6m |
| Gross profit | £3.2m | £3.1m | £1.3m |
| Operating profit | £399k | −£76.7k | −£2.2m |
| Profit before tax | £379k | −£229k | −£2.3m |
| Profit after tax | £366k | −£193k | −£2.3m |
| Profit (best available) | £366k | −£193k | −£2.3m |
| Staff costs | £861k | £1.2m | £580k |
| Employees (average) | 22 | 29 | 31 |
| Ratios | |||
| Profit margin | 2.7% | −1.5% | −47.5% |
| Gross margin | 24% | 24.6% | 26% |
| Revenue per employee | £606k | £437k | £158k |
| Profit per employee | £16.6k | −£6.7k | −£75k |
| Growth (year on year) | |||
| Revenue growth | — | ▼5% | ▼61.4% |
| Profit growth | — | ▼152.9% | — |
| Headcount growth | — | ▲31.8% | ▲6.9% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £688k | £1.1m | £170k |
| Net assets | £1.6m | £926k | −£1.6m |
| Fixed assets | £162k | £240k | £198k |
| Current assets | £7.1m | £10.5m | £7.1m |
| Debtors | £2.7m | £1.4m | £664k |
| Deferred income | £390k | £1.6m | £259k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Jun 2025 |
How the business works
- Profit margin
- −47.5%
- Profit ÷ revenue.
- Gross margin
- 26%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £158k
- Revenue ÷ average employees.
- Profit per employee
- −£75k
- Profit ÷ average employees.
- Cash conversion
- —
- 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
- 5.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13.6%
- Money owed by customers. Low = customers pay quickly.
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
- ▼272%
- Now −£1.6m
- Cash at bank
- ▼84%
- Now £170k
- Headcount
- ▲7%
- Now 31
- Deferred income
- ▼84%
- Now £259k
- Fixed assets
- ▼18%
- Now £198k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Bpe Holdings Limitedultimate parent75–100%
- Winch Solutions Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Bpe Retail LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2024 (profit −£2.3m), from the Companies House accounts bulk data published Jun 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.