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Company No. SC111930 · Incorporated 27 Jun 1988

Wallace Whittle Limited

Registered name: WALLACE WHITTLE LIMITED

Part of WW Consulting Engineering Limited group

Wallace Whittle Limited made £13.4m revenue and £1.2m profit in the year to 31 Mar 2025. read from filing text

Wallace Whittle Limited’s revenue grew 16% to £13.4m in the year to 31 Mar 2025, with £1.2m profit and 125 employees. The company is classified under “other engineering activities” and is based in Glasgow; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 71129Other engineering activities
Status
Active
Location
Glasgow, Scotland
Age
38 yrs · since 1988
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: “WW Consulting Engineering Limited is regarded by the directors as being the company's ultimate parent company.”

Latest accounts · year to 31 Mar 2025

Key figures

Revenue
£13.4m
Growth ▲16.4%
Profit
£1.2m
Growth ▼14.1%
Profit margin
8.7%
Gross 34.4%
Employees
125
Change ▲6.8%
Profit / employee
£9.3k
Revenue/employee £108k
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 to31 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£12.4m£11.5m£13.4m
Cost of sales£7.4m£7.5m£8.8m
Gross profit£5m£4.1m£4.6m
Operating profit£2.5m£1.7m£1.6m
Profit before tax£2.5m£1.7m£1.6m
Profit after tax£2.1m£1.4m£1.2m
Profit (best available)£2.1m£1.4m£1.2m
Staff costs£7m£7.2m£7.9m
Employees (average)109117125
Ratios
Profit margin17.3%11.7%8.7%
Gross margin40.2%35.4%34.4%
Revenue per employee£114k£98.7k£108k
Profit per employee£19.7k£11.6k£9.3k
Growth (year on year)
Revenue growth—▼7.1%▲16.4%
Profit growth—▼36.9%▼14.1%
Headcount growth—▲7.3%▲6.8%
Balance sheet — indirect signals, not revenue
Cash at bank£876k£1.5m£1.5m
Net assets£2.6m£3.6m£4.3m
Fixed assets£635k£1m£1.3m
Current assets£4.9m£6.1m£7m
Debtors£2.2m£2.9m£3.6m
Deferred income£1.8m£1.9m£2.1m
SourceFullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2024FullAccounts · bulk data Mar 2026
Derived from the latest filing

How the business works

Profit margin
8.7%
Profit ÷ revenue.
Gross margin
34.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£108k
Revenue ÷ average employees.
Profit per employee
£9.3k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
10%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
15.4%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
27%
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
▲17%
Now £4.3m
Cash at bank
▲3%
Now £1.5m
Headcount
▲7%
Now 125
Deferred income
▲8%
Now £2.1m
Fixed assets
▲31%
Now £1.3m

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

Corporate ownership

Group structure

Ownership chain

  1. WW Consulting Engineering Limitedultimate parent75–100%
  2. Wallace Whittle Limitedthis company

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

Subsidiaries (1)

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

Same industry, similar size

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.2m), from the Companies House accounts bulk data published Mar 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.