How much does Westbank Group Limited make?

Westbank Group Limited reported revenue of £153m and £10.5m profit in the year to 31 Aug 2025, according to its accounts filed at Companies House.

How many employees does Westbank Group Limited have?

Westbank Group Limited reported an average of 292 employees in the year to 31 Aug 2025.

Is Westbank Group Limited profitable?

Yes — Westbank Group Limited reported a profit of £10.5m in the year to 31 Aug 2025.

Company No. NI021953 · Incorporated 27 Sep 1988

Westbank Group Limited

Registered name: WESTBANK GROUP LIMITED

Westbank Group Limited made £153m revenue and £10.5m profit in the year to 31 Aug 2025.

Westbank Group Limited’s revenue grew 3% to £153m in the year to 31 Aug 2025, with £10.5m profit and 292 employees. The company is classified under “agents specialized in the sale of other particular products” and is based in Belfast; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46180Agents specialized in the sale of other particular products

Status: Active
Location: Belfast, Northern Ireland
Age: 38 yrs · since 1988
Type: Private Limited Company

Latest accounts · year to 31 Aug 2025

Key figures

IndependentOperating leverage

Revenue

£153m

Growth ▲2.8%

Profit

£10.5m

Growth ▲5.3%

Profit margin

6.9%

Gross 21.4%

Employees

292

Change ▲3.2%

Profit / employee

£36.1k

Revenue/employee £526k

Profitable streak

3yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Aug 2023	31 Aug 2024	31 Aug 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£120m	£149m	£153m
Cost of sales	−£95.1m	−£118m	−£121m
Gross profit	£25.3m	£31.4m	£32.9m
Operating profit	£10.8m	£13.5m	£13.5m
Profit before tax	£12.2m	£12.7m	£13.3m
Profit after tax	£10.3m	£10m	£10.5m
Profit (best available)	£10.3m	£10m	£10.5m
Employees (average)	206	283	292
Ratios
Profit margin	8.5%	6.7%	6.9%
Gross margin	21%	21%	21.4%
Revenue per employee	£584k	£528k	£526k
Profit per employee	£49.8k	£35.4k	£36.1k
Growth (year on year)
Revenue growth	—	▲24.1%	▲2.8%
Profit growth	—	▼2.5%	▲5.3%
Headcount growth	—	▲37.4%	▲3.2%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data May 2025	Accounts · bulk data May 2025	Accounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: 6.9%; Profit ÷ revenue.
Gross margin: 21.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £526k; Revenue ÷ average employees.
Profit per employee: £36.1k; 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 —
Cash at bank: —; Now —
Headcount: ▲3%; Now 292
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Subsidiaries (4)

Parkelect LimitedRev. £29.9m · Profit £6.8m
Pes Group LimitedRev. £24.8m · Profit £2.2m
Remtech Services LtdFigures not disclosed
Underwoods Group LimitedRev. — · Profit £1.3m

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Aug 2025 (profit £10.5m), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.

Updated from Companies House on 15 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.