Wearelit Ltd
Registered name: WEARELIT LTD
Wearelit Ltd made £20.4k revenue and £1.3k profit in the year to 31 May 2025.
Wearelit Ltd’s revenue grew 59% to £20.4k in the year to 31 May 2025, with £1.3k profit and 2 employees. The company is classified under “wholesale of computers, computer peripheral equipment and software” and is based in Hayes; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Hayes, London
- Age
- 6 yrs · since 2020
- 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 | 31 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £12.8k | £20.4k |
| Profit after tax | — | — | £932 | £1.3k |
| Profit (best available) | — | — | £932 | £1.3k |
| Staff costs | — | — | £7k | £3.7k |
| Employees (average) | 1 | 2 | 2 | 2 |
| Ratios | ||||
| Profit margin | — | — | 7.3% | 6.5% |
| Revenue per employee | — | — | £6.4k | £10.2k |
| Profit per employee | — | — | £466 | £660 |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲59.4% |
| Profit growth | — | — | — | ▲41.5% |
| Headcount growth | — | ▲100% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £0 | £205 | £677 | £583 |
| Fixed assets | £0 | £0 | £120 | £0 |
| Current assets | £0 | £205 | £757 | £583 |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 6.5%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £10.2k
- Revenue ÷ average employees.
- Profit per employee
- £660
- 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
- ▼14%
- Now £583
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- ▼100%
- Now £0
Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £1.3k), from the Companies House accounts bulk data published Feb 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.