How much does Wenbar Limited make?

Wenbar Limited reported revenue of £17.4m and £2.2m profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Wenbar Limited have?

Wenbar Limited reported an average of 100 employees in the year to 31 Dec 2023.

Is Wenbar Limited profitable?

Yes — Wenbar Limited reported a profit of £2.2m in the year to 31 Dec 2023.

Company No. 06034193 · Incorporated 20 Dec 2006

Wenbar Limited

Registered name: WENBAR LIMITED

Part of Pullum Holdings Limited group

Wenbar Limited made £17.4m revenue and £2.2m profit in the year to 31 Dec 2023. read from filing text

Wenbar Limited’s revenue grew 26% to £17.4m in the year to 31 Dec 2023, with £2.2m profit and 100 employees. The company is classified under “manufacture of other plastic products” and is based in Chelmsford; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 22290Manufacture of other plastic products SIC 25990Manufacture of other fabricated metal products n.e.c.SIC 32990Other manufacturing n.e.c.SIC 74100specialised design activities

Status: Active
Location: Chelmsford, East of England
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”

Latest accounts · year to 31 Dec 2023

Key figures

Capital-lightOperating leverage

Revenue

£17.4m

Growth ▲25.7%

Profit

£2.2m

Growth ▲151.9%

Profit margin

12.5%

Gross 42.3%

Employees

100

Change ▲6.4%

Profit / employee

£21.8k

Revenue/employee £174k

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&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£13.9m	£17.4m
Cost of sales	£9.4m	£10.1m
Gross profit	£4.5m	£7.4m
Operating profit	£904k	£2.9m
Profit before tax	£877k	£2.9m
Profit after tax	£864k	£2.2m
Profit (best available)	£864k	£2.2m
Staff costs	£4.8m	£5.6m
Employees (average)	94	100
Ratios
Profit margin	6.2%	12.5%
Gross margin	32.5%	42.3%
Revenue per employee	£148k	£174k
Profit per employee	£9.2k	£21.8k
Growth (year on year)
Revenue growth	—	▲25.7%
Profit growth	—	▲151.9%
Headcount growth	—	▲6.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£789k	£1.5m
Net assets	£1.9m	£2.7m
Fixed assets	£1m	£1m
Current assets	£5.3m	£6.5m
Debtors	£2.6m	£3.1m
Deferred income	£391k	£344k
Source	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2024

Derived from the latest filing

How the business works

Profit margin: 12.5%; Profit ÷ revenue.
Gross margin: 42.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £174k; Revenue ÷ average employees.
Profit per employee: £21.8k; 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: 2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.8%; 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: ▲37%; Now £2.7m
Cash at bank: ▲89%; Now £1.5m
Headcount: ▲6%; Now 100
Deferred income: ▼12%; Now £344k
Fixed assets: ▲0%; Now £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

Ownership chain

Pullum Holdings Limitedultimate parent75–100%
Wenbar Limitedthis company

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

Sister companies (2)

Nirvana Chartering LtdFigures not disclosed
Pullum Estates LimitedFigures not disclosed

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £2.2m), from the Companies House accounts bulk data published Apr 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.