Iwcf Operations Limited
Registered name: IWCF OPERATIONS LIMITED
Iwcf Operations Limited made £4.9m revenue and £734k profit in the year to 31 Dec 2025.
Iwcf Operations Limited’s revenue grew 9% to £4.9m in the year to 31 Dec 2025, with £734k profit. The company is classified under “support activities for petroleum and natural gas extraction” and is based in Montrose; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Montrose, Scotland
- Age
- 9 yrs · since 2017
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £5.1m | £4.5m | £4.9m |
| Cost of sales | −£1.8m | −£1.6m | −£1.8m |
| Gross profit | £3.2m | £2.9m | £3.1m |
| Operating profit | £1.1m | £687k | £718k |
| Profit before tax | £1.2m | £724k | £739k |
| Profit after tax | £1.2m | £724k | £734k |
| Profit (best available) | £1.2m | £724k | £734k |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | 22.7% | 16.2% | 15.1% |
| Gross margin | 63.8% | 63.8% | 63.4% |
| Growth (year on year) | |||
| Revenue growth | — | ▼11.7% | ▲8.6% |
| Profit growth | — | ▼37.1% | ▲1.4% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jul 2025 | Accounts · bulk data Jul 2025 | Accounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 15.1%
- Profit ÷ revenue.
- Gross margin
- 63.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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.
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
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Similar profitable businesses
- Dixstone UK LimitedLondon · Support activities for petroleum and natural gas extraction
- Revenue
- £3m
- Profit
- £885k
- Staff
- 18
- Nomis Offshore LimitedAberdeen · Support activities for petroleum and natural gas extraction
- Revenue
- £8m
- Profit
- £177k
- Staff
- —
- TGT Oilfield Services UK LimitedAberdeen · Support activities for petroleum and natural gas extraction
- Revenue
- £9.9m
- Profit
- £59.6k
- Staff
- 30
- DCN Diving UK LimitedDyce · Support activities for petroleum and natural gas extraction
- Revenue
- £2.1m
- Profit
- £182k
- Staff
- 7
- HCS Aberdeen LimitedGlenrothes · Support activities for petroleum and natural gas extraction
- Revenue
- £12m
- Profit
- £1.9m
- Staff
- 48
- SGS Gas Analysis Services Scotland LimitedAberdeen · Support activities for petroleum and natural gas extraction
- Revenue
- £1.9m
- Profit
- £191k
- Staff
- —
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £734k), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.
Updated from Companies House on 12 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.