Wallace Whittle Limited
Registered name: WALLACE WHITTLE LIMITED
Part of WW Consulting Engineering Limited groupWallace 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.
- 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.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full 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) | 109 | 117 | 125 |
| Ratios | |||
| Profit margin | 17.3% | 11.7% | 8.7% |
| Gross margin | 40.2% | 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 |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Mar 2026 |
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.
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.
Group structure
Ownership chain
- WW Consulting Engineering Limitedultimate parent75–100%
- Wallace Whittle Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Davie + McCulloch Ltd.Figures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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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.