How much does Wec Retail Group Ltd make?

Wec Retail Group Ltd reported revenue of £550 and a loss of £2.1k in the year to 31 Oct 2023, according to its accounts filed at Companies House.

How many employees does Wec Retail Group Ltd have?

Wec Retail Group Ltd reported an average of 1 employee in the year to 31 Oct 2023.

Is Wec Retail Group Ltd profitable?

No — Wec Retail Group Ltd reported a loss of £2.1k in the year to 31 Oct 2023.

Company No. 12974662

Wec Retail Group LtdDissolved

Registered name: WEC RETAIL GROUP LTD

Wec Retail Group Ltd made £550 revenue and a £2.1k loss in the year to 31 Oct 2023.

Wec Retail Group Ltd’s revenue fell 25% to £550 in the year to 31 Oct 2023, with a loss of £2.1k and 1 employee. We hold 2 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filed

This company is no longer on the Companies House register. Figures are from its last filed accounts.

Status: Dissolved

Last filed accounts · year to 31 Oct 2023

Key figures

IndependentSmall team

Revenue

£550

Growth ▼25.1%

Profit

−£2.1k

Growth —

Profit margin

−375.5%

Employees

Change —

Profit / employee

−£2.1k

Revenue/employee £550

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2022	31 Oct 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£734	£550
Profit after tax	−£5k	−£2.1k
Profit (best available)	−£5k	−£2.1k
Employees (average)	—	1
Ratios
Profit margin	−682.7%	−375.5%
Revenue per employee	—	£550
Profit per employee	—	−£2.1k
Growth (year on year)
Revenue growth	—	▼25.1%
Balance sheet — indirect signals, not revenue
Net assets	−£7k	−£9.1k
Current assets	£929	£0
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024

Derived from the latest filing

How the business works

Profit margin: −375.5%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £550; Revenue ÷ average employees.
Profit per employee: −£2.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; 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.

Indirect — not revenue

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 −£9.1k
Cash at bank: —; Now —
Headcount: —; Now 1
Deferred income: —; Now —
Fixed assets: —; Now —

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2023 (profit −£2.1k), from the Companies House accounts bulk data published Aug 2024. 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.