We Contracting Ltd
Registered name: WE CONTRACTING LTD
We Contracting Ltd made £88.6m revenue and £568 profit in the year to 31 Dec 2025. read from filing text
We Contracting Ltd’s revenue grew 7% to £88.6m in the year to 31 Dec 2025, with £568 profit and 815 employees. The company is classified under “other business support service activities” and is based in Chester; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Chester, North West
- Age
- 13 yrs · since 2013
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| 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) | £66m | £67.9m | £83.2m | £88.6m |
| Cost of sales | £65.8m | £67.7m | £83m | £88.5m |
| Gross profit | £208k | £200k | £188k | £140k |
| Operating profit | £7.1k | £3.3k | £9.2k | £940 |
| Profit before tax | £6.1k | £2.5k | £5.2k | £701 |
| Profit after tax | £4.9k | £2.1k | £4.2k | £568 |
| Profit (best available) | £4.9k | £2.1k | £4.2k | £568 |
| Staff costs | £62.7m | £63.7m | £78m | £83.9m |
| Employees (average) | 676 | 671 | 718 | 815 |
| Ratios | ||||
| Profit margin | 0% | 0% | 0% | 0% |
| Gross margin | 0.3% | 0.3% | 0.2% | 0.2% |
| Revenue per employee | £97.6k | £101k | £116k | £109k |
| Profit per employee | £7 | £3 | £6 | £1 |
| Cash conversion | −13598% | 35018% | −10652% | 52810% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲3% | ▲22.4% | ▲6.6% |
| Profit growth | — | ▼58.2% | ▲102.7% | ▼86.4% |
| Headcount growth | — | ▼0.7% | ▲7% | ▲13.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.2m | £47.4k | £1m | £510k |
| Net assets | £18.1k | £20.2k | £24.3k | £24.9k |
| Current assets | £4.5m | £3.8m | £5.6m | £4.6m |
| Debtors | £1.6m | £1.6m | £2.5m | £2.3m |
| Deferred income | £7.5k | £319k | £372k | £389k |
| Cash from operations | −£967k | £1.2m | −£985k | £496k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 0.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £109k
- Revenue ÷ average employees.
- Profit per employee
- £1
- Profit ÷ average employees.
- Cash conversion
- 52810%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.6%
- 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
- ▲2%
- Now £24.9k
- Cash at bank
- ▼50%
- Now £510k
- Headcount
- ▲14%
- Now 815
- Deferred income
- ▲5%
- Now £389k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £568), 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.