Wetherby Wall Systems Limited
Registered name: WETHERBY WALL SYSTEMS LIMITED
Part of Rockwool A/S groupWetherby 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.
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2023 | 31 Oct 2024 |
|---|---|---|
| Disclosure | Full P&L | Full 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) | 80 | 81 |
| Ratios | ||
| Profit margin | 15.9% | 17.8% |
| Gross margin | 34.4% | 35.6% |
| Revenue per employee | £595k | £594k |
| Profit per employee | £94.8k | £106k |
| Cash conversion | 78.1% | 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 |
| Source | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Apr 2025 |
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.
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
Group structure
Ownership chain
- Rockwool A/S (registered outside the UK register)ultimate parent75–100%
- 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).
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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.