How much does Washington Green Retail Limited make?

Washington Green Retail Limited reported revenue of £43.7m and a loss of £1.3m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Washington Green Retail Limited have?

Washington Green Retail Limited reported an average of 261 employees in the year to 31 Dec 2025.

Is Washington Green Retail Limited profitable?

No — Washington Green Retail Limited reported a loss of £1.3m in the year to 31 Dec 2025.

Company No. 06910082 · Incorporated 19 May 2009

Washington Green Retail Limited

Registered name: WASHINGTON GREEN RETAIL LIMITED

Part of Halcyon Fine Art Group Holdings Limited group

Washington Green Retail Limited made £43.7m revenue and a £1.3m loss in the year to 31 Dec 2025. read from filing text

Washington Green Retail Limited’s revenue fell 11% to £43.7m in the year to 31 Dec 2025, with a loss of £1.3m and 261 employees. The company is classified under “retail sale in commercial art galleries” and is based in Birmingham; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47781Retail sale in commercial art galleries

Status: Active
Location: Birmingham, West Midlands
Age: 17 yrs · since 2009
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 company's immediate parent company is Washington Green Fine Art Group Limited and the ultimate parent company is Halcyon Fine Art Group Holdings Limited. Both companies are incorporated in”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light

Revenue

£43.7m

Growth ▼10.7%

Profit

−£1.3m

Growth ▼300.5%

Profit margin

−3%

Gross 59.6%

Employees

261

Change ▲5.2%

Profit / employee

−£5k

Revenue/employee £167k

Profitable streak

0yrs

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 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£66.1m	£53.3m	£48.9m	£43.7m
Cost of sales	£32.6m	£24.6m	£20.9m	£17.7m
Gross profit	£33.5m	£28.7m	£28m	£26m
Operating profit	£5.1m	£2.8m	£1.7m	−£569k
Profit before tax	£4.4m	£2m	£1.1m	−£1.3m
Profit after tax	£3.5m	£1.4m	£645k	−£1.3m
Profit (best available)	£3.5m	£1.4m	£645k	−£1.3m
Staff costs	£14.1m	£12.9m	£12.7m	£13.8m
Employees (average)	237	254	248	261
Ratios
Profit margin	5.3%	2.7%	1.3%	−3%
Gross margin	50.7%	53.8%	57.2%	59.6%
Revenue per employee	£279k	£210k	£197k	£167k
Profit per employee	£14.8k	£5.7k	£2.6k	−£5k
Growth (year on year)
Revenue growth	—	—	▼8.3%	▼10.7%
Profit growth	—	—	▼55.4%	▼300.5%
Headcount growth	—	—	▼2.4%	▲5.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£5.8m	£1.9m	£1.8m	£519k
Net assets	£16.1m	£17.5m	£18.1m	£16.9m
Fixed assets	£3.2m	£2.9m	£2.3m	£1.4m
Current assets	£48.5m	£42.3m	£40.4m	£39.9m
Debtors	£1.3m	£2.3m	£2.2m	£872k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −3%; Profit ÷ revenue.
Gross margin: 59.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £167k; Revenue ÷ average employees.
Profit per employee: −£5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2%; 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: ▼7%; Now £16.9m
Cash at bank: ▼71%; Now £519k
Headcount: ▲5%; Now 261
Deferred income: —; Now —
Fixed assets: ▼39%; Now £1.4m

Corporate ownership

Group structure

Ownership chain

Halcyon Fine Art Group Holdings Limitedultimate parent75–100%
Halcyon Fine Art Group Limited75–100%
Halcyon Gallery (Holdings) Limited75–100%
Washington Green Fine Art Group Limited75–100%
Washington Green Retail Limitedthis company

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

Subsidiaries (1)

Artica Galleries LimitedFigures not disclosed

Sister companies (2)

Castle Galleries Retail LimitedFigures not disclosed
Spitfire Fine Art 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 Dec 2025 (profit −£1.3m), from the Companies House accounts bulk data published Sep 2026. 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.