WGL Bidco Limited
Registered name: WGL BIDCO LIMITED
WGL Bidco Limited made £1.6m revenue and £59k profit in the year to 27 Sep 2025.
WGL Bidco Limited’s revenue fell 68% to £1.6m in the year to 27 Sep 2025, with £59k profit and 9 employees. The company is classified under “activities of other holding companies” and is based in Hull; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Hull, Yorkshire and The Humber
- Age
- 9 yrs · since 2017
- 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. From the filing: “The Company's immediate parent company is WGL Midco Limited. Its registered address is Imperial House, 1251 Hedon Road, Hull, North Humberside, England, HU9 5NA. The Company's ultimate parent company ”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2023 | 28 Sep 2024 | 27 Sep 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £5.5m | £5m | £1.6m |
| Gross profit | £5.5m | £5m | £1.6m |
| Operating profit | £453k | −£522k | £59k |
| Profit before tax | £49.7m | −£522k | £59k |
| Profit after tax | £49.7m | −£769k | £59k |
| Profit (best available) | £49.7m | −£769k | £59k |
| Staff costs | £2.1m | £2.3m | £1.5m |
| Employees (average) | 13 | 11 | 9 |
| Ratios | |||
| Profit margin | 909.3% | −15.3% | 3.6% |
| Gross margin | 100% | 100% | 100% |
| Revenue per employee | £421k | £458k | £180k |
| Profit per employee | £3.8m | −£69.9k | £6.6k |
| Growth (year on year) | |||
| Revenue growth | — | ▼8% | ▼67.9% |
| Profit growth | — | ▼101.6% | — |
| Headcount growth | — | ▼15.4% | ▼18.2% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £30k | £30k | £38k |
| Net assets | £3.7m | £3m | £3m |
| Fixed assets | £66.5m | £66.5m | £66.5m |
| Current assets | £58.3m | £58.3m | £85.3m |
| Debtors | £58.3m | £57.5m | £85.2m |
| Deferred income | £360k | £332k | £18k |
| Source | Accounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 3.6%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £180k
- Revenue ÷ average employees.
- Profit per employee
- £6.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4114%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 5270%
- 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 £3m
- Cash at bank
- ▲27%
- Now £38k
- Headcount
- ▼18%
- Now 9
- Deferred income
- ▼95%
- Now £18k
- Fixed assets
- 0%
- Now £66.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- Willerby Group LimitedRev. — · Profit £0
Minority corporate shareholders
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 27 Sep 2025 (profit £59k), from the Companies House accounts bulk data published Jun 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.