WHT Holdings Limited
Registered name: WHT HOLDINGS LIMITED
WHT Holdings Limited made £28.8m revenue and £804k profit in the year to 31 Mar 2025.
WHT Holdings Limited’s revenue fell 3% to £28.8m in the year to 31 Mar 2025, with £804k profit and 248 employees. The company is classified under “activities of head offices” and is based in Lancashire; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Lancashire, North West
- Age
- 19 yrs · since 2007
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £26m | £29.9m | £28.8m |
| Cost of sales | £16.5m | £18m | £17.1m |
| Gross profit | — | £11.8m | £11.7m |
| Operating profit | — | £3.4m | £3.7m |
| Profit after tax | £1.1m | £970k | £804k |
| Profit (best available) | £1.1m | £970k | £804k |
| Staff costs | £11.4m | £12.1m | £12.1m |
| Employees (average) | 244 | 247 | 248 |
| Ratios | |||
| Profit margin | 4.1% | 3.3% | 2.8% |
| Gross margin | — | 39.6% | 40.6% |
| Revenue per employee | £107k | £121k | £116k |
| Profit per employee | £4.4k | £3.9k | £3.2k |
| Cash conversion | — | −130.1% | −198.3% |
| Growth (year on year) | |||
| Revenue growth | — | ▲14.9% | ▼3.4% |
| Profit growth | — | ▼8.9% | ▼17.2% |
| Headcount growth | — | ▲1.2% | ▲0.4% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £3.7m | £3.3m | £3.8m |
| Net assets | £26.2m | £28m | £30.1m |
| Fixed assets | £20.4m | £21m | £22.7m |
| Current assets | £10.2m | £11.6m | £13.2m |
| Debtors | £0 | £0 | £0 |
| Deferred income | £0 | £0 | £0 |
| Cash from operations | −£3.4m | −£4.4m | −£7.3m |
| Source | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 2.8%
- Profit ÷ revenue.
- Gross margin
- 40.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £116k
- Revenue ÷ average employees.
- Profit per employee
- £3.2k
- Profit ÷ average employees.
- Cash conversion
- −198.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 78.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▲8%
- Now £30.1m
- Cash at bank
- ▲15%
- Now £3.8m
- Headcount
- ▲0%
- Now 248
- Deferred income
- —
- Now £0
- Fixed assets
- ▲8%
- Now £22.7m
Group structure
Subsidiaries (6)
- Wallwork Heat Treatment LimitedRev. £12.4m · Profit £1.2m
- Tecvac LimitedFigures not disclosed
- Wallwork Bury LtdFigures not disclosed
- Wallwork Cambridge LimitedRev. — · Profit £691k
- Wallwork Heat Treatment (Birmingham) LimitedRev. — · Profit £108k
- Wallwork Newcastle LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £804k), 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.