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Company No. 13942790 · Incorporated 27 Feb 2022

Wear Plumbing Ltd

Registered name: WEAR PLUMBING LTD

Wear Plumbing Ltd made £86.2k revenue and £29.1k profit in the year to 28 Feb 2026.

Wear Plumbing Ltd’s revenue grew 109% to £86.2k in the year to 28 Feb 2026, with £29.1k profit and 1 employee. The company is classified under “plumbing, heat and air-conditioning installation” and is based in Oswestry; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43220Plumbing, heat and air-conditioning installation
Status
Active
Location
Oswestry, West Midlands
Age
4 yrs · since 2022
Type
Private Limited Company
Latest accounts · year to 28 Feb 2026

Key figures

IndependentSmall teamYoung and profitableBoring industry
Revenue
£86.2k
Growth ▲108.9%
Profit
£29.1k
Growth ▲32%
Profit margin
33.7%
 
Employees
1
Change 0%
Profit / employee
£29.1k
Revenue/employee £86.2k
Profitable streak
4yrs
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to28 Feb 202329 Feb 202428 Feb 202528 Feb 2026
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£36.5k£36.7k£41.3k£86.2k
Profit after tax£22.1k£21.3k£22k£29.1k
Profit (best available)£22.1k£21.3k£22k£29.1k
Staff costs——£12k£12k
Employees (average)—111
Ratios
Profit margin60.4%58%53.3%33.7%
Revenue per employee—£36.7k£41.3k£86.2k
Profit per employee—£21.3k£22k£29.1k
Growth (year on year)
Revenue growth—▲0.4%▲12.4%▲108.9%
Profit growth—▼3.7%▲3.5%▲32%
Headcount growth——0%0%
Balance sheet — indirect signals, not revenue
Net assets£50£259£355£884
Fixed assets£0£0——
Current assets£49£258£354£883
SourceFullAccounts · bulk data Mar 2024FullAccounts · bulk data Mar 2024FullAccounts · bulk data May 2025FullAccounts · bulk data Mar 2026
Derived from the latest filing

How the business works

Profit margin
33.7%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£86.2k
Revenue ÷ average employees.
Profit per employee
£29.1k
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
▲149%
Now £884
Cash at bank
—
Now —
Headcount
0%
Now 1
Deferred income
—
Now —
Fixed assets
—
Now —
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 28 Feb 2026 (profit £29.1k), from the Companies House accounts bulk data published Mar 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.