WP Industrial Limited
Registered name: WP INDUSTRIAL LIMITED
Part of Wessex Industrial Holdings Limited groupWP Industrial Limited made £16.8m revenue and £1.4m profit in the year to 31 Dec 2024. read from filing text
WP Industrial Limited’s revenue grew 7% to £16.8m in the year to 31 Dec 2024, with £1.4m profit and 57 employees. The company is classified under “wholesale of other intermediate products” and is based in Yeovil; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Yeovil, South West
- Age
- 14 yrs · since 2012
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £15.7m | £16.8m |
| Cost of sales | £11m | £11.3m |
| Gross profit | £4.6m | £5.5m |
| Operating profit | £1.4m | £1.8m |
| Profit before tax | £1.4m | £1.9m |
| Profit after tax | £1m | £1.4m |
| Profit (best available) | £1m | £1.4m |
| Staff costs | £2.4m | £2.6m |
| Employees (average) | 52 | 57 |
| Ratios | ||
| Profit margin | 6.5% | 8.5% |
| Gross margin | 29.6% | 32.7% |
| Revenue per employee | £302k | £294k |
| Profit per employee | £19.6k | £25.1k |
| Growth (year on year) | ||
| Revenue growth | — | ▲7% |
| Profit growth | — | ▲40.3% |
| Headcount growth | — | ▲9.6% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £970k | £129k |
| Net assets | £4.4m | £5.2m |
| Fixed assets | £671k | £1.4m |
| Current assets | £6.8m | £7m |
| Debtors | £2.6m | £2.9m |
| Deferred income | £23.9k | £256k |
| Source | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 8.5%
- Profit ÷ revenue.
- Gross margin
- 32.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £294k
- Revenue ÷ average employees.
- Profit per employee
- £25.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 8.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.1%
- 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
- ▲16%
- Now £5.2m
- Cash at bank
- ▼87%
- Now £129k
- Headcount
- ▲10%
- Now 57
- Deferred income
- ▲968%
- Now £256k
- Fixed assets
- ▲106%
- Now £1.4m
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
- Wessex Industrial Holdings Limitedultimate parent75–100%
- WP Industrial Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- A & a Packaging Company UnlimitedFigures not disclosed
- Morsapack 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 31 Dec 2024 (profit £1.4m), from the Companies House accounts bulk data published Sep 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.