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Company No. 03621726 · Incorporated 20 Aug 1998

Wetherby Wall Systems Limited

Registered name: WETHERBY WALL SYSTEMS LIMITED

Part of Rockwool A/S group

Wetherby Wall Systems Limited made £48.2m revenue and £8.6m profit in the year to 31 Oct 2024.

Wetherby Wall Systems Limited’s revenue grew 1% to £48.2m in the year to 31 Oct 2024, with £8.6m profit and 81 employees. The company is classified under “other construction installation” and is based in Golborne; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43290Other construction installation
Status
Active
Location
Golborne, North West
Age
28 yrs · since 1998
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 Oct 2024

Key figures

Capital-lightOperating leverageBoring industryCash flow filed
Revenue
£48.2m
Growth ▲1.1%
Profit
£8.6m
Growth ▲13.2%
Profit margin
17.8%
Gross 35.6%
Employees
81
Change ▲1.3%
Profit / employee
£106k
Revenue/employee £594k
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 to31 Oct 202331 Oct 2024
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£47.6m£48.2m
Cost of sales£31.3m£31m
Gross profit£16.4m£17.1m
Operating profit£9.7m£11m
Profit before tax£9.8m£11.5m
Profit after tax£7.6m£8.6m
Profit (best available)£7.6m£8.6m
Staff costs£3.9m£3.8m
Employees (average)8081
Ratios
Profit margin15.9%17.8%
Gross margin34.4%35.6%
Revenue per employee£595k£594k
Profit per employee£94.8k£106k
Cash conversion78.1%123.2%
Growth (year on year)
Revenue growth—▲1.1%
Profit growth—▲13.2%
Headcount growth—▲1.3%
Balance sheet — indirect signals, not revenue
Cash at bank£11.4m£20m
Net assets£20.3m£26.1m
Fixed assets£2.5m£2.4m
Current assets£25.6m£32.3m
Debtors£6.4m£8.4m
Cash from operations£7.6m£13.6m
SourceFullAccounts · bulk data Apr 2025FullAccounts · bulk data Apr 2025
Derived from the latest filing

How the business works

Profit margin
17.8%
Profit ÷ revenue.
Gross margin
35.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£594k
Revenue ÷ average employees.
Profit per employee
£106k
Profit ÷ average employees.
Cash conversion
123.2%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
17.5%
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
▲29%
Now £26.1m
Cash at bank
▲75%
Now £20m
Headcount
▲1%
Now 81
Deferred income
—
Now —
Fixed assets
▼2%
Now £2.4m
Corporate ownership

Group structure

Ownership chain

  1. Rockwool A/S (registered outside the UK register)ultimate parent75–100%
  2. Wetherby Wall Systems 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).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Oct 2024 (profit £8.6m), from the Companies House accounts bulk data published Apr 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.