Wirex Limited
Registered name: WIREX LIMITED
Part of Wirex Holdings Limited groupWirex Limited made £18.1m revenue and a £997k loss in the year to 30 Jun 2025. read from filing text
Wirex Limited’s revenue grew 19% to £18.1m in the year to 30 Jun 2025, with a loss of £997k and 39 employees. The company is classified under “financial intermediation not elsewhere classified” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 11 yrs · since 2014
- 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.
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 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £20.7m | £15.1m | £18.1m |
| Cost of sales | £4.3m | £4.7m | £3.9m |
| Gross profit | £16.5m | £10.5m | £14.1m |
| Operating profit | £7.7m | −£2.7m | −£997k |
| Profit before tax | £7.7m | −£6.3m | −£997k |
| Profit (best available) | £7.7m | −£6.3m | −£997k |
| Staff costs | £1.5m | £1.9m | £3.8m |
| Employees (average) | 12 | 20 | 39 |
| Ratios | |||
| Profit margin | 37.2% | −41.3% | −5.5% |
| Gross margin | 79.5% | 69% | 78.3% |
| Revenue per employee | £1.7m | £757k | £463k |
| Profit per employee | £642k | −£313k | −£25.6k |
| Growth (year on year) | |||
| Revenue growth | — | ▼26.9% | ▲19.2% |
| Profit growth | — | ▼181.2% | — |
| Headcount growth | — | ▲66.7% | ▲95% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £2m | £360k | £5m |
| Net assets | £35.1m | £30.2m | £29.4m |
| Debtors | £43.3m | £51.8m | £56.6m |
| Source | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- −5.5%
- Profit ÷ revenue.
- Gross margin
- 78.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £463k
- Revenue ÷ average employees.
- Profit per employee
- −£25.6k
- Profit ÷ average employees.
- Cash conversion
- —
- 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
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 313.6%
- 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
- ▼3%
- Now £29.4m
- Cash at bank
- ▲1278%
- Now £5m
- Headcount
- ▲95%
- Now 39
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Wirex Holdings Limitedultimate parent75–100%
- Wirex Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Wirex International LimitedFigures not disclosed
- Wirex Labs LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit −£997k), from the Companies House accounts bulk data published Jul 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.