Workwave UK Holdco Limited
Registered name: WORKWAVE UK HOLDCO LIMITED
Workwave UK Holdco Limited made £11.3m revenue and a £1.1m loss in the year to 31 Dec 2025.
Workwave UK Holdco Limited’s revenue grew 5% to £11.3m in the year to 31 Dec 2025, with a loss of £1.1m and 84 employees. The company is classified under “other business support service activities” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 7 yrs · since 2019
- 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 | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £10.1m | £10.3m | £10.8m | £11.3m |
| Cost of sales | £2.6m | £2.3m | £2.9m | £3.4m |
| Gross profit | £7.5m | £8m | £7.9m | £7.8m |
| Operating profit | — | −£98.1k | £762k | £109k |
| Profit before tax | — | −£1.2m | −£274k | −£879k |
| Profit after tax | −£1.1m | −£1.1m | −£967k | −£1.1m |
| Profit (best available) | −£1.1m | −£1.1m | −£967k | −£1.1m |
| Staff costs | £5.6m | £5.3m | £5.7m | £6m |
| Employees (average) | 88 | 78 | 83 | 84 |
| Ratios | ||||
| Profit margin | −10.5% | −10.2% | −9% | −10.1% |
| Gross margin | 74.5% | 77.8% | 72.8% | 69.5% |
| Revenue per employee | £114k | £132k | £130k | £134k |
| Profit per employee | −£12k | −£13.5k | −£11.6k | −£13.6k |
| Cash conversion | — | — | 367.1% | 474.3% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲2.5% | ▲4.7% | ▲4.6% |
| Headcount growth | — | ▼11.4% | ▲6.4% | ▲1.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.3m | £1.1m | £1.9m | £1.7m |
| Net assets | £1.2m | £113k | −£853k | −£2m |
| Fixed assets | £17.2m | £15.7m | £14.1m | £12.4m |
| Current assets | £4.5m | £4.6m | £13.5m | £4.6m |
| Debtors | £1.9m | £2.5m | £1.6m | £471k |
| Cash from operations | — | £1.1m | £2.8m | £516k |
| Source | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −10.1%
- Profit ÷ revenue.
- Gross margin
- 69.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £134k
- Revenue ÷ average employees.
- Profit per employee
- −£13.6k
- Profit ÷ average employees.
- Cash conversion
- 474.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 110.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.2%
- 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
- —
- Now −£2m
- Cash at bank
- ▼12%
- Now £1.7m
- Headcount
- ▲1%
- Now 84
- Deferred income
- —
- Now —
- Fixed assets
- ▼12%
- Now £12.4m
Group structure
Subsidiaries (1)
- Workwave UK Intermediate LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£1.1m), 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.