Well Able Limited
Registered name: WELL ABLE LIMITED
Well Able Limited made £14.1m revenue and £367k profit in the year to 31 Dec 2025.
Well Able Limited’s revenue grew 13% to £14.1m in the year to 31 Dec 2025, with £367k profit and 3 employees. The company is classified under “activities of other holding companies” and is based in Grimsby; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Grimsby, Yorkshire and The Humber
- Age
- 8 yrs · since 2018
- 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.
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 | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £12.4m | £14.1m |
| Cost of sales | — | — | £8.3m | £9.4m |
| Gross profit | — | — | £4.2m | £4.7m |
| Operating profit | — | — | £1.5m | £1.4m |
| Profit before tax | — | — | £1.5m | £1.4m |
| Profit after tax | — | — | £765k | £367k |
| Profit (best available) | — | — | £765k | £367k |
| Staff costs | — | — | £2m | £2.4m |
| Employees (average) | 3 | 3 | 3 | 3 |
| Ratios | ||||
| Profit margin | — | — | 6.2% | 2.6% |
| Gross margin | — | — | 33.4% | 33.5% |
| Revenue per employee | — | — | £4.1m | £4.7m |
| Profit per employee | — | — | £255k | £122k |
| Cash conversion | — | — | 15.6% | −35.5% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲13.3% |
| Profit growth | — | — | — | ▼52% |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £687k | £766k | £601k | £664k |
| Net assets | £1.5m | £1.6m | £1.7m | £1.6m |
| Fixed assets | £396k | £394k | £716k | £898k |
| Current assets | £1.4m | £1.4m | £1.6m | £987k |
| Debtors | £32.1k | £28.8k | £35.7k | £18.8k |
| Cash from operations | — | — | £235k | −£511k |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 2.6%
- Profit ÷ revenue.
- Gross margin
- 33.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £4.7m
- Revenue ÷ average employees.
- Profit per employee
- £122k
- Profit ÷ average employees.
- Cash conversion
- −35.5%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.1%
- 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
- ▼5%
- Now £1.6m
- Cash at bank
- ▲10%
- Now £664k
- Headcount
- 0%
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- ▲25%
- Now £898k
Group structure
Subsidiaries (3)
- Blue Planet Packaging LimitedFigures not disclosed
- Lindum Packaging LtdFigures not disclosed
- Quickbox Manufacturing LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £367k), from the Companies House accounts bulk data published Aug 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.