How much does W.g.wigginton Limited make?

W.g.wigginton Limited reported revenue of £25m and £3.1m profit in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does W.g.wigginton Limited have?

W.g.wigginton Limited reported an average of 28 employees in the year to 31 Mar 2024.

Is W.g.wigginton Limited profitable?

Yes — W.g.wigginton Limited reported a profit of £3.1m in the year to 31 Mar 2024.

Company No. 00533562 · Incorporated 21 May 1954

W.g.wigginton Limited

Registered name: W.G.WIGGINTON LIMITED

Part of W.G. Wigginton Group Limited group

W.g.wigginton Limited made £25m revenue and £3.1m profit in the year to 31 Mar 2024.

W.g.wigginton Limited’s revenue grew 7% to £25m in the year to 31 Mar 2024, with £3.1m profit and 28 employees. The company is classified under “electrical installation” and is based in Greenford; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43210Electrical installation

Status: Active
Location: Greenford, London
Age: 72 yrs · since 1954
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.

Latest accounts · year to 31 Mar 2024

Key figures

Capital-lightBoring industryCash flow filed

Revenue

£25m

Growth ▲6.5%

Profit

£3.1m

Growth ▼39.5%

Profit margin

12.5%

Gross 20.7%

Employees

Change ▲7.7%

Profit / employee

£112k

Revenue/employee £893k

Profitable streak

2yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£23.5m	£25m
Cost of sales	£15.7m	£19.8m
Gross profit	£7.8m	£5.2m
Operating profit	£6.3m	£3.6m
Profit before tax	£6.4m	£4.2m
Profit after tax	£5.2m	£3.1m
Profit (best available)	£5.2m	£3.1m
Staff costs	£2.2m	£2.3m
Employees (average)	26	28
Ratios
Profit margin	22.1%	12.5%
Gross margin	33.1%	20.7%
Revenue per employee	£903k	£893k
Profit per employee	£199k	£112k
Cash conversion	−133.3%	−51.2%
Growth (year on year)
Revenue growth	—	▲6.5%
Profit growth	—	▼39.5%
Headcount growth	—	▲7.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£14.9m	£11.6m
Net assets	£8.3m	£9.1m
Fixed assets	£16k	£30.7k
Current assets	£23.3m	£17.9m
Debtors	£7.6m	£4.8m
Cash from operations	−£8.4m	−£1.9m
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024

Derived from the latest filing

How the business works

Profit margin: 12.5%; Profit ÷ revenue.
Gross margin: 20.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £893k; Revenue ÷ average employees.
Profit per employee: £112k; Profit ÷ average employees.
Cash conversion: −51.2%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 19.2%; 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: ▲10%; Now £9.1m
Cash at bank: ▼22%; Now £11.6m
Headcount: ▲8%; Now 28
Deferred income: —; Now —
Fixed assets: ▲92%; Now £30.7k

Corporate ownership

Group structure

Ownership chain

W.G. Wigginton Group Limitedultimate parent75–100%
W.g.wigginton Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

W.G. Wigginton Properties LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £3.1m), from the Companies House accounts bulk data published Aug 2024. 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.