Wpc10 Limited
Registered name: WPC10 LIMITED
Part of Weight Partners Corporate Limited groupWpc10 Limited made £10.7m revenue and a £1.8m loss in the year to 29 Dec 2024. read from filing text
Wpc10 Limited’s revenue grew 21% to £10.7m in the year to 29 Dec 2024, with a loss of £1.8m and 204 employees. The company is classified under “activities of financial services holding companies” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 6 yrs · since 2020
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 1 Jan 2023 | 31 Dec 2023 | 29 Dec 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | — | £8.8m | £10.7m |
| Cost of sales | — | £1.9m | £2.2m |
| Gross profit | — | £6.9m | £8.4m |
| Operating profit | — | −£133k | £62k |
| Profit before tax | — | −£2.3m | −£2.6m |
| Profit after tax | — | −£2.3m | −£1.8m |
| Profit (best available) | — | −£2.3m | −£1.8m |
| Employees (average) | 0 | 0 | 204 |
| Ratios | |||
| Profit margin | — | −26.3% | −17.2% |
| Gross margin | — | 78.6% | 79% |
| Revenue per employee | — | — | £52.4k |
| Profit per employee | — | — | −£9k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲21.3% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.4m | £467k | £36.1k |
| Net assets | £1.1m | −£981k | −£6.2m |
| Fixed assets | — | £10m | £7.6m |
| Current assets | £2.3m | £2.2m | £1.7m |
| Debtors | £918k | £0 | £0 |
| Deferred income | £13k | £33.3k | £37.9k |
| Source | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −17.2%
- Profit ÷ revenue.
- Gross margin
- 79%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £52.4k
- Revenue ÷ average employees.
- Profit per employee
- −£9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 71.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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 −£6.2m
- Cash at bank
- ▼92%
- Now £36.1k
- Headcount
- —
- Now 204
- Deferred income
- ▲14%
- Now £37.9k
- Fixed assets
- ▼23%
- Now £7.6m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Weight Partners Corporate Limitedultimate parent75–100%
- Wpc22 Limited75–100%
- Wpc10 Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (4)
- WPC7 LtdRev. £7.4m · Profit £624k
- WPC 8 LimitedRev. £3.3m · Profit −£60.9k
- WPC 9 LimitedFigures not disclosed
- Wpc18 LimitedFigures not disclosed
Sister companies (1)
- Wpc20 LimitedRev. £0 · Profit −£12
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 29 Dec 2024 (profit −£1.8m), from the Companies House accounts bulk data published Dec 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.