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Company No. 00463959 · Incorporated 27 Jan 1949

Ernest V. Waddington Limited

Registered name: ERNEST V. WADDINGTON LIMITED

Ernest V. Waddington Limited made £13.1m revenue and £9.2m profit in the year to 31 Mar 2025. read from filing text

Ernest V. Waddington Limited’s revenue grew 8% to £13.1m in the year to 31 Mar 2025, with £9.2m profit and 21 employees. The company is classified under “wholesale of wood, construction materials and sanitary equipment” and is based in Sheffield; we hold 4 years of its filed accounts.

Status
Active
Location
Sheffield, Yorkshire and The Humber
Age
77 yrs · since 1949
Type
Private Limited Company
Latest accounts · year to 31 Mar 2025

Key figures

IndependentOperating leverage
Revenue
£13.1m
Growth ▲8.3%
Profit
£9.2m
Growth ▲14.2%
Profit margin
70.5%
Gross 92.9%
Employees
21
Change ▲5%
Profit / employee
£439k
Revenue/employee £622k
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 to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£10.6m£11.7m£12.1m£13.1m
Cost of sales£943k£923k£958k£922k
Gross profit£9.7m£10.8m£11.1m£12.1m
Operating profit£10.5m£11.2m£10.1m£11.4m
Profit before tax£10.4m£11.3m£10.8m£12.2m
Profit after tax£8.4m£9.4m£8.1m£9.2m
Profit (best available)£8.4m£9.4m£8.1m£9.2m
Staff costs£373k£388k——
Employees (average)20202021
Ratios
Profit margin79.2%80.7%66.8%70.5%
Gross margin91.1%92.1%92.1%92.9%
Revenue per employee£532k£584k£603k£622k
Profit per employee£422k£471k£403k£439k
Cash conversion−42%−56.1%——
Growth (year on year)
Revenue growth—▲9.7%▲3.3%▲8.3%
Profit growth—▲11.8%▼14.4%▲14.2%
Headcount growth—0%0%▲5%
Balance sheet — indirect signals, not revenue
Cash at bank£5.3m£10.5m£14.4m£9.9m
Net assets£83.8m£93.3m£101m£111m
Fixed assets£86.5m£86.8m£86.7m£87.1m
Current assets£13m£22.1m£30.8m£38.9m
Debtors£187k£46.2k£603k£20k
Cash from operations−£4.4m−£6.3m——
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Dec 2025FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
70.5%
Profit ÷ revenue.
Gross margin
92.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£622k
Revenue ÷ average employees.
Profit per employee
£439k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
666.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0.1%
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
▲9%
Now £111m
Cash at bank
▼31%
Now £9.9m
Headcount
▲5%
Now 21
Deferred income
—
Now —
Fixed assets
▲0%
Now £87.1m
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £9.2m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 23 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.