How much does W.G.M (Engineering)limited make?

W.G.M (Engineering)limited reported revenue of £52.7m and £2m profit in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does W.G.M (Engineering)limited have?

W.G.M (Engineering)limited reported an average of 440 employees in the year to 31 Mar 2024.

Is W.G.M (Engineering)limited profitable?

Yes — W.G.M (Engineering)limited reported a profit of £2m in the year to 31 Mar 2024.

Company No. SC099834 · Incorporated 30 Jun 1986

W.G.M (Engineering)limited

Registered name: W.G.M (ENGINEERING)LIMITED

Part of Ares Management Corporation group

W.G.M (Engineering)limited made £52.7m revenue and £2m profit in the year to 31 Mar 2024.

W.G.M (Engineering)limited’s revenue grew 19% to £52.7m in the year to 31 Mar 2024, with £2m profit and 440 employees. The company is classified under “manufacture of metal structures and parts of structures” and is based in Glasgow; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 25110Manufacture of metal structures and parts of structures SIC 28990Manufacture of other special-purpose machinery n.e.c.SIC 33200Installation of industrial machinery and equipment SIC 43999Other specialised construction activities n.e.c.

Status: Active
Location: Glasgow, Scotland
Age: 40 yrs · since 1986
Type: Private Limited Company

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. From the filing: “RSK Environment Limited”

Latest accounts · year to 31 Mar 2024

Key figures

Operating leverage

Revenue

£52.7m

Growth ▲19.5%

Profit

£2m

Growth ▲55.4%

Profit margin

3.9%

Gross 24.6%

Employees

440

Change ▲17%

Profit / employee

£4.6k

Revenue/employee £120k

Profitable streak

2yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£44.1m	£52.7m
Cost of sales	£34.5m	£39.7m
Gross profit	£9.6m	£13m
Profit before tax	£1.4m	£2.7m
Profit after tax	£1.3m	£2m
Profit (best available)	£1.3m	£2m
Staff costs	£18.8m	£23.1m
Employees (average)	376	440
Ratios
Profit margin	3%	3.9%
Gross margin	21.9%	24.6%
Revenue per employee	£117k	£120k
Profit per employee	£3.5k	£4.6k
Growth (year on year)
Revenue growth	—	▲19.5%
Profit growth	—	▲55.4%
Headcount growth	—	▲17%
Balance sheet — indirect signals, not revenue
Cash at bank	£2m	£2.1m
Net assets	£8.5m	£5m
Fixed assets	£3.8m	£5.8m
Current assets	£15.4m	£15.9m
Debtors	£1.1m	£2.5m
Deferred income	£2.2m	£2.6m
Source	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data Apr 2025

Derived from the latest filing

How the business works

Profit margin: 3.9%; Profit ÷ revenue.
Gross margin: 24.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £120k; Revenue ÷ average employees.
Profit per employee: £4.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 11%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4.7%; 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: ▼41%; Now £5m
Cash at bank: ▲8%; Now £2.1m
Headcount: ▲17%; Now 440
Deferred income: ▲18%; Now £2.6m
Fixed assets: ▲54%; Now £5.8m

Corporate ownership

Group structure

Ownership chain

Ares Management Corporation (registered outside the UK register)ultimate parent75–100%
Ares Management Limited75–100%
W.G.M (Engineering)limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (22)

R.J.T. Excavations LimitedRev. £29.3m · Profit £2.3m
Deans Civil Engineering LimitedRev. £28.6m · Profit £474k
Axis Well Technology LimitedRev. £24.5m · Profit £3.8m
Headland Archaeology (UK) LimitedRev. £17.5m · Profit £1.4m
Homer Burgess LimitedRev. £4.9m · Profit £567k
Tarpave LimitedRev. £2.3m · Profit £9.3k
Skyvision International LimitedRev. £680k · Profit £176k
Deans Holdco LimitedRev. £0 · Profit −£7.5k
Biobest Laboratories LimitedFigures not disclosed
Blackhall VS LimitedFigures not disclosed
Braid Vets LimitedFigures not disclosed
Clear Business Water LimitedFigures not disclosed
Clyde Vets LtdFigures not disclosed
Deans Developments (Kilbarchan) LtdFigures not disclosed
Galedin LimitedFigures not disclosed
Nethan Valley Veterinary Centre LimitedFigures not disclosed
Parkside Veterinary Group LimitedFigures not disclosed
RSK Environment LimitedFigures not disclosed
RSK Renewables LimitedFigures not disclosed
Synergie Environ LimitedRev. — · Profit −£313k
T V V LimitedFigures not disclosed
Westpoint Enterprise Support LimitedFigures not disclosed

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 FullAccounts for the year to 31 Mar 2024 (profit £2m), from the Companies House accounts bulk data published Apr 2025. 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.