W F Howes Limited
Registered name: W F HOWES LIMITED
Part of Opuspond Limited groupW F Howes Limited made £16.1m revenue and £3m profit in the year to 31 Dec 2025. read from filing text
W F Howes Limited’s revenue fell 4% to £16.1m in the year to 31 Dec 2025, with £3m profit and 34 employees. The company is classified under “book publishing” and is based in Leicester; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Leicester, East Midlands
- Age
- 27 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. From the filing: “The company is a wholly owned subsidiary of Opuspond Limited, a company incorporated in England and Wales. Opuspond Limited is the immediate parent company. The financial statements of Opuspond Limite”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £12.7m | £13.5m | £16.7m | £16.1m |
| Cost of sales | £4.6m | £4.6m | £6.3m | £4.8m |
| Gross profit | £8.1m | £8.9m | £10.5m | £11.3m |
| Operating profit | £3.7m | £3m | £4.7m | £6m |
| Profit before tax | £3.7m | £3m | £4.7m | £4m |
| Profit after tax | £3m | £2.2m | £3.4m | £3m |
| Profit (best available) | £3m | £2.2m | £3.4m | £3m |
| Staff costs | £2.3m | £1.9m | £2m | £2.3m |
| Employees (average) | 34 | 34 | 32 | 34 |
| Ratios | ||||
| Profit margin | 23.8% | 16.6% | 20.4% | 18.8% |
| Gross margin | 63.7% | 65.9% | 62.6% | 70.4% |
| Revenue per employee | £373k | £397k | £523k | £474k |
| Profit per employee | £88.9k | £66k | £107k | £88.9k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲6.5% | ▲24% | ▼3.7% |
| Profit growth | — | ▼25.8% | ▲52.4% | ▼11.6% |
| Headcount growth | — | 0% | ▼5.9% | ▲6.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £5.2m | £864k | £1.6m | £1.1m |
| Net assets | £15.8m | £18.1m | £21.5m | £24.5m |
| Fixed assets | £3.1m | £3.7m | £3.9m | £5.8m |
| Current assets | £15.7m | £17.3m | £21.3m | £22.3m |
| Debtors | £318k | £215k | £96.6k | £382k |
| Deferred income | £2.1m | £2.8m | £3.4m | £3.4m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 18.8%
- Profit ÷ revenue.
- Gross margin
- 70.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £474k
- Revenue ÷ average employees.
- Profit per employee
- £88.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 35.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 21%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.4%
- 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
- ▲14%
- Now £24.5m
- Cash at bank
- ▼28%
- Now £1.1m
- Headcount
- ▲6%
- Now 34
- Deferred income
- ▼1%
- Now £3.4m
- Fixed assets
- ▲48%
- Now £5.8m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Opuspond Limitedultimate parent75–100%
- W F Howes Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Boldwood Books LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £3m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 24 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.