WMP Newco Limited
Registered name: WMP NEWCO LIMITED
Part of Limerston Capital Partners I GP LLP groupWMP Newco Limited made £7.9m revenue and £127k profit in the year to 30 Sep 2023.
WMP Newco Limited’s revenue was £7.9m in the year to 30 Sep 2023, with £127k profit and 117 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 4 yrs · since 2022
- 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 | 30 Sep 2022 | 30 Sep 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £5.1m | £7.9m |
| Cost of sales | £3m | £3.7m |
| Gross profit | £2.1m | £4.2m |
| Operating profit | −£680k | −£1.1m |
| Profit before tax | −£1.2m | −£2m |
| Profit after tax | £80.6k | £127k |
| Profit (best available) | £80.6k | £127k |
| Staff costs | £3.4m | £4.2m |
| Employees (average) | 88 | 117 |
| Ratios | ||
| Profit margin | 1.6% | 1.6% |
| Gross margin | 41.8% | 53.4% |
| Revenue per employee | £58.2k | £67.9k |
| Profit per employee | £916 | £1.1k |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £2.1m | — |
| Net assets | £80.6k | £3.5m |
| Fixed assets | £7.6m | £7.2m |
| Current assets | £4.2m | £8.5m |
| Debtors | £1.2m | £1.5m |
| Cash from operations | −£1.2m | −£3.9m |
| Source | Accounts · bulk data Dec 2024 | Accounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 1.6%
- Profit ÷ revenue.
- Gross margin
- 53.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £67.9k
- Revenue ÷ average employees.
- Profit per employee
- £1.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 91.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 18.3%
- 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 £3.5m
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 117
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £7.2m
Group structure
Ownership chain
- Limerston Capital Partners I GP LLPultimate parent75–100%
- WMP Newco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- WMP Holdco LimitedFigures not disclosed
Sister companies (5)
- PWC Newco LimitedRev. £28.2m · Profit £2.2m
- Epg Newco LimitedRev. £600k · Profit £2.3m
- Prism Newco LimitedRev. £0 · Profit £16k
- VB Newco LimitedLiquidationRev. £0 · Profit £31.7m
- Afa Topco LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Sep 2023 (profit £127k), from the Companies House accounts bulk data published Dec 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.