How much does W.a.c. McCandless (Engineers) Limited make?

W.a.c. McCandless (Engineers) Limited reported revenue of £19.5m and £1.3m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does W.a.c. McCandless (Engineers) Limited have?

W.a.c. McCandless (Engineers) Limited reported an average of 30 employees in the year to 31 Dec 2025.

Is W.a.c. McCandless (Engineers) Limited profitable?

Yes — W.a.c. McCandless (Engineers) Limited reported a profit of £1.3m in the year to 31 Dec 2025.

Company No. NI005177 · Incorporated 28 Feb 1962

W.a.c. McCandless (Engineers) Limited

Registered name: W.A.C. MCCANDLESS (ENGINEERS) LIMITED

W.a.c. McCandless (Engineers) Limited made £19.5m revenue and £1.3m profit in the year to 31 Dec 2025. read from filing text

W.a.c. McCandless (Engineers) Limited’s revenue fell 7% to £19.5m in the year to 31 Dec 2025, with £1.3m profit and 30 employees. The company is classified under “agents involved in the sale of machinery, industrial equipment, ships and aircraft” and is based in Belfast; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft

Status: Active
Location: Belfast, Northern Ireland
Age: 64 yrs · since 1962
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-lightCash flow filed

Revenue

£19.5m

Growth ▼7.2%

Profit

£1.3m

Growth ▼5.9%

Profit margin

6.6%

Gross 16.9%

Employees

Change ▲15.4%

Profit / employee

£42.8k

Revenue/employee £649k

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 to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£13.6m	£15.7m	£21m	£19.5m
Cost of sales	£11.3m	£12.9m	£17.7m	£16.2m
Gross profit	£2.3m	£2.7m	£3.3m	£3.3m
Operating profit	£1m	£1.3m	£1.8m	£1.7m
Profit before tax	£1m	£1.3m	£1.8m	£1.7m
Profit after tax	£814k	£1m	£1.4m	£1.3m
Profit (best available)	£814k	£1m	£1.4m	£1.3m
Staff costs	£1.1m	£1.1m	£1.3m	£1.6m
Employees (average)	24	23	26	30
Ratios
Profit margin	6%	6.5%	6.5%	6.6%
Gross margin	17.2%	17.5%	15.7%	16.9%
Revenue per employee	£567k	£681k	£807k	£649k
Profit per employee	£33.9k	£44k	£52.5k	£42.8k
Cash conversion	−9.8%	−95%	−155.1%	−30.4%
Growth (year on year)
Revenue growth	—	▲15.1%	▲34%	▼7.2%
Profit growth	—	▲24.3%	▲34.8%	▼5.9%
Headcount growth	—	▼4.2%	▲13%	▲15.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£588k	£1.2m	£3.1m	£2.6m
Net assets	£4.6m	£5.3m	£6.4m	£7.4m
Fixed assets	£243k	£285k	£389k	£397k
Current assets	£5.9m	£7.3m	£10.5m	£10.7m
Debtors	£974k	£1.2m	£1.6m	£1.3m
Deferred income	£76.3k	£42k	£79.2k	£153k
Cash from operations	−£100k	−£1.3m	−£2.8m	−£506k
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Oct 2025	FullAccounts · bulk data May 2026

Derived from the latest filing

How the business works

Profit margin: 6.6%; Profit ÷ revenue.
Gross margin: 16.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £649k; Revenue ÷ average employees.
Profit per employee: £42.8k; Profit ÷ average employees.
Cash conversion: −30.4%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 6.7%; 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: ▲15%; Now £7.4m
Cash at bank: ▼16%; Now £2.6m
Headcount: ▲15%; Now 30
Deferred income: ▲92%; Now £153k
Fixed assets: ▲2%; Now £397k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.3m), from the Companies House accounts bulk data published May 2026. Spotted an error? Request a correction.

Updated from Companies House on 16 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.