How much does Warners (Midlands)public Limited Company make?

Warners (Midlands)public Limited Company reported revenue of £34.3m and £835k profit in the year to 30 Sep 2025, according to its accounts filed at Companies House.

How many employees does Warners (Midlands)public Limited Company have?

Warners (Midlands)public Limited Company reported an average of 184 employees in the year to 30 Sep 2025.

Is Warners (Midlands)public Limited Company profitable?

Yes — Warners (Midlands)public Limited Company reported a profit of £835k in the year to 30 Sep 2025.

Company No. 00223519 · Incorporated 28 Jul 1927

Warners (Midlands)public Limited Company

Registered name: WARNERS (MIDLANDS)PUBLIC LIMITED COMPANY

Warners (Midlands)public Limited Company made £34.3m revenue and £835k profit in the year to 30 Sep 2025.

Warners (Midlands)public Limited Company’s revenue fell 1% to £34.3m in the year to 30 Sep 2025, with £835k profit and 184 employees. The company is classified under “printing” and is based in Bourne; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 18129Printing n.e.c.

Status: Active
Location: Bourne, East of England
Age: 99 yrs · since 1927
Type: Public Limited Company

Latest accounts · year to 30 Sep 2025

Key figures

IndependentCash flow filed

Revenue

£34.3m

Growth ▼1.5%

Profit

£835k

Growth ▼30.7%

Profit margin

2.4%

Gross 33.9%

Employees

184

Change ▼1.1%

Profit / employee

£4.5k

Revenue/employee £187k

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Sep 2022	30 Sep 2023	30 Sep 2024	30 Sep 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£33m	£36m	£34.9m	£34.3m
Cost of sales	£21.5m	£23.6m	£23m	£22.7m
Gross profit	£11.5m	£12.4m	£11.9m	£11.6m
Operating profit	£2.4m	£2.2m	£1.4m	£959k
Profit before tax	£2.4m	£2.3m	£1.7m	£1.2m
Profit after tax	£1.9m	£1.8m	£1.2m	£835k
Profit (best available)	£1.9m	£1.8m	£1.2m	£835k
Staff costs	£8.4m	£8.7m	£9.3m	£9.9m
Employees (average)	185	187	186	184
Ratios
Profit margin	5.8%	5%	3.5%	2.4%
Gross margin	34.9%	34.3%	34.1%	33.9%
Revenue per employee	£178k	£193k	£187k	£187k
Profit per employee	£10.4k	£9.6k	£6.5k	£4.5k
Cash conversion	−139.8%	−213.7%	−203.7%	−367.4%
Growth (year on year)
Revenue growth	—	▲9.2%	▼3.2%	▼1.5%
Profit growth	—	▼6.6%	▼32.6%	▼30.7%
Headcount growth	—	▲1.1%	▼0.5%	▼1.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£7.3m	£8.6m	£6.5m	£8.1m
Net assets	£25.5m	£26.3m	£26.8m	£26.9m
Fixed assets	£20.5m	£21.2m	£23.3m	£21.3m
Current assets	£15.3m	£16.1m	£12.9m	£15.1m
Debtors	£4m	£3.8m	£3.5m	£3.5m
Deferred income	£511k	£185k	£142k	£113k
Cash from operations	−£3.4m	−£4.7m	−£2.8m	−£3.5m
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2026	FullAccounts · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: 2.4%; Profit ÷ revenue.
Gross margin: 33.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £187k; Revenue ÷ average employees.
Profit per employee: £4.5k; Profit ÷ average employees.
Cash conversion: −367.4%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 62.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.3%; 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: ▲1%; Now £26.9m
Cash at bank: ▲25%; Now £8.1m
Headcount: ▼1%; Now 184
Deferred income: ▼21%; Now £113k
Fixed assets: ▼8%; Now £21.3m

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £835k), from the Companies House accounts bulk data published Jan 2026. Spotted an error? Request a correction.

Updated from Companies House on 11 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.