Westminster Wealth Management LLP
Registered name: WESTMINSTER WEALTH MANAGEMENT LLP
Westminster Wealth Management LLP made £18.5m revenue and £0 profit in the year to 5 Apr 2025.
Westminster Wealth Management LLP’s revenue grew 16% to £18.5m in the year to 5 Apr 2025, with £0 profit and 63 employees. The company is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 20 yrs · since 2006
- Type
- Limited Liability Partnership
Partnership. Profit is shown before the partners' own pay, so margins aren't comparable with a limited company. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 5 Apr 2022 | 5 Apr 2023 | 5 Apr 2024 | 5 Apr 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £14.8m | £15.9m | £18.5m |
| Cost of sales | — | £9.3m | £9.5m | £11.5m |
| Gross profit | — | £5.5m | £6.3m | £6.9m |
| Operating profit | — | £877k | £632k | £761k |
| Profit after tax | — | £0 | £0 | £0 |
| Profit (best available) | — | £0 | £0 | £0 |
| Staff costs | — | £2.5m | £3m | £3.2m |
| Employees (average) | 49 | 53 | 64 | 63 |
| Ratios | ||||
| Profit margin | — | 0% | 0% | 0% |
| Gross margin | — | 37% | 39.9% | 37.6% |
| Revenue per employee | — | £279k | £248k | £293k |
| Profit per employee | — | £0 | £0 | £0 |
| Cash conversion | — | −108.2% | −86.9% | −154.3% |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲7.5% | ▲16.3% |
| Headcount growth | — | ▲8.2% | ▲20.8% | ▼1.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £828k | £857k | £594k | £1m |
| Net assets | — | — | — | — |
| Fixed assets | £293k | £195k | £207k | £126k |
| Current assets | £2.4m | £2.9m | £3.3m | £3.7m |
| Debtors | £1.6m | £2m | £2.7m | £2.6m |
| Cash from operations | — | −£949k | −£549k | −£1.2m |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 37.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £293k
- Revenue ÷ average employees.
- Profit per employee
- £0
- Profit ÷ average employees.
- Cash conversion
- −154.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.3%
- 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 —
- Cash at bank
- ▲72%
- Now £1m
- Headcount
- ▼2%
- Now 63
- Deferred income
- —
- Now —
- Fixed assets
- ▼39%
- Now £126k
Sources
Latest figures from FullAccounts for the year to 5 Apr 2025 (profit £0), from the Companies House accounts bulk data published Jan 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.