Wolfson Brands (UK) Limited
Registered name: WOLFSON BRANDS (UK) LIMITED
Part of Plan B International Trading Llc groupWolfson Brands (UK) Limited made £21.3m revenue and £214k profit in the year to 31 Dec 2024. read from filing text
Wolfson Brands (UK) Limited’s revenue fell 50% to £21.3m in the year to 31 Dec 2024, with £214k profit and 48 employees. The company is classified under “retail sale via mail order houses or via internet” and is based in Glasgow; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Glasgow, Scotland
- Age
- 7 yrs · since 2019
- 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: “At 31 December 2024, the company was a wholly owned subsidiary of Wolfson Brands Global Limited, a company registered in Scotland under registration number SC647054. Its registered office was 12 Payne”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £32.2m | £42.5m | £21.3m |
| Cost of sales | £23.9m | £29.7m | £14.4m |
| Gross profit | £8.3m | £12.8m | £6.9m |
| Operating profit | £3.3m | £6.3m | £1.3m |
| Profit before tax | £3.3m | £5.8m | £301k |
| Profit after tax | £2.8m | £5.8m | £214k |
| Profit (best available) | £2.8m | £5.8m | £214k |
| Staff costs | £2.1m | £2.6m | £3.2m |
| Employees (average) | 31 | 40 | 48 |
| Ratios | |||
| Profit margin | 8.7% | 13.6% | 1% |
| Gross margin | 25.7% | 30.1% | 32.5% |
| Revenue per employee | £1m | £1.1m | £444k |
| Profit per employee | £90.5k | £144k | £4.4k |
| Cash conversion | −115.4% | 94.9% | −302.6% |
| Growth (year on year) | |||
| Revenue growth | — | ▲31.9% | ▼49.8% |
| Profit growth | — | ▲106% | ▼96.3% |
| Headcount growth | — | ▲29% | ▲20% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.1m | £909k | £513k |
| Net assets | £2.7m | £8.5m | £8.7m |
| Fixed assets | £562k | £987k | £1.2m |
| Current assets | £7m | £24.5m | £19m |
| Debtors | £847k | £734k | £230k |
| Deferred income | £1.1m | £1.2m | £405k |
| Cash from operations | −£3.8m | £6m | −£3.9m |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 1%
- Profit ÷ revenue.
- Gross margin
- 32.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £444k
- Revenue ÷ average employees.
- Profit per employee
- £4.4k
- Profit ÷ average employees.
- Cash conversion
- −302.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 5.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.1%
- 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
- ▲3%
- Now £8.7m
- Cash at bank
- ▼44%
- Now £513k
- Headcount
- ▲20%
- Now 48
- Deferred income
- ▼65%
- Now £405k
- Fixed assets
- ▲20%
- Now £1.2m
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
- Plan B International Trading Llc (registered outside the UK register)ultimate parent75–100%
- Wolfson Brands (UK) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Darts Corner LtdBolton · Retail sale via mail order houses or via Internet
- Revenue
- £21.3m
- Profit
- £502k
- Staff
- 68
- Easygift Trading LimitedRochdale · Retail sale via mail order houses or via Internet
- Revenue
- £21.4m
- Profit
- £262k
- Staff
- 33
- Timetolearn Group LimitedLondon · Retail sale via mail order houses or via Internet
- Revenue
- £20.9m
- Profit
- £3m
- Staff
- 83
- The Garden and Home Trading Company LimitedPreston · Retail sale via mail order houses or via Internet
- Revenue
- £20.8m
- Profit
- £1.5m
- Staff
- 37
- Jackson's Art Supplies Ltd.London · Retail sale via mail order houses or via Internet
- Revenue
- £22.2m
- Profit
- £486k
- Staff
- 133
- Rapid Racking LimitedCirencester · Retail sale via mail order houses or via Internet
- Revenue
- £20.5m
- Profit
- £274k
- Staff
- 56
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £214k), from the Companies House accounts bulk data published Sep 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.