Wear Africa Ltd
Registered name: WEAR AFRICA LTD
Wear Africa Ltd made £15 revenue and a £10 loss in the year to 28 Feb 2025.
Wear Africa Ltd’s revenue grew 15% to £15 in the year to 28 Feb 2025, with a loss of £10 and 1 employee. The company is classified under “retail sale via mail order houses or via internet” and is based in Preston; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Preston, North West
- Age
- 7 yrs · since 2019
- 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 | 28 Feb 2022 | 28 Feb 2023 | 28 Feb 2024 | 28 Feb 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Profit only | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £13 | £15 |
| Profit after tax | −£356 | −£7 | £10 | −£10 |
| Profit (best available) | −£356 | −£7 | £10 | −£10 |
| Staff costs | £0 | £0 | £0 | £0 |
| Employees (average) | — | 1 | 1 | 1 |
| Ratios | ||||
| Profit margin | — | — | 76.9% | −66.7% |
| Revenue per employee | — | — | £13 | £15 |
| Profit per employee | — | −£7 | £10 | −£10 |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲15.4% |
| Profit growth | — | — | — | ▼200% |
| Headcount growth | — | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | −£342 | −£350 | £338 | −£348 |
| Fixed assets | £0 | £0 | £0 | £0 |
| Current assets | £8 | £0 | £12 | £2 |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- −66.7%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £15
- Revenue ÷ average employees.
- Profit per employee
- −£10
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▼203%
- Now −£348
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £0
Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit −£10), from the Companies House accounts bulk data published Nov 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.