The Wax Group Ltd
Registered name: THE WAX GROUP LTD
Part of The Darent Wax Group Ltd groupThe Wax Group Ltd made £11.1m revenue and £749k profit in the year to 31 Mar 2025.
The Wax Group Ltd’s revenue fell 2% to £11.1m in the year to 31 Mar 2025, with £749k profit and 4 employees. The company is classified under “activities of other holding companies” and is based in South Darenth; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- South Darenth, South East
- Age
- 5 yrs · since 2021
- 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 | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Full P&Lread from filing text | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £13.6m | £11.3m | £11.1m |
| Cost of sales | £8.7m | £10.1m | £8m | £7.4m |
| Gross profit | — | £3.5m | £3.3m | — |
| Operating profit | — | £1.7m | £3.2m | £749k |
| Profit before tax | £1.6m | £1.6m | £994k | £1.4m |
| Profit after tax | — | £1.2m | £707k | £749k |
| Profit (best available) | £1.6m | £1.2m | £707k | £749k |
| Staff costs | £1.9m | £2.1m | £2.2m | £2.3m |
| Employees (average) | 4 | 4 | 4 | 4 |
| Ratios | ||||
| Profit margin | — | 8.8% | 6.2% | 6.7% |
| Gross margin | — | 25.8% | 29% | — |
| Revenue per employee | — | £3.4m | £2.8m | £2.8m |
| Profit per employee | £399k | £300k | £177k | £187k |
| Cash conversion | — | 1.8% | 64% | 148.6% |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼16.4% | ▼1.8% |
| Profit growth | — | ▼24.8% | ▼41.1% | ▲5.9% |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £212k | £354k | £757k | £5.5k |
| Net assets | £1.9m | £1.9m | £5m | £5.4m |
| Fixed assets | £4.2m | £4.3m | £4.3m | £6.1m |
| Current assets | £4.8m | £5.2m | £4.3m | £407k |
| Debtors | £0 | £0 | £0 | £0 |
| Deferred income | £0 | £16.1k | £0 | £5.9k |
| Cash from operations | −£2.3m | £31.5k | £2m | £1.1m |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 6.7%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £2.8m
- Revenue ÷ average employees.
- Profit per employee
- £187k
- Profit ÷ average employees.
- Cash conversion
- 148.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 55.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.1%
- 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
- ▲10%
- Now £5.4m
- Cash at bank
- ▼99%
- Now £5.5k
- Headcount
- 0%
- Now 4
- Deferred income
- —
- Now £5.9k
- Fixed assets
- ▲42%
- Now £6.1m
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
- The Darent Wax Group Ltdultimate parent75–100%
- The Wax Group Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- The Darent Wax Company LimitedRev. £11.1m · Profit £953k
- Darent Wax Properties LimitedRev. — · Profit £151k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £749k), 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.