How much does Westlake Tapco Europe Limited make?

Westlake Tapco Europe Limited reported revenue of £11.2m and £45.7k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Westlake Tapco Europe Limited have?

Westlake Tapco Europe Limited reported an average of 17 employees in the year to 31 Dec 2025.

Is Westlake Tapco Europe Limited profitable?

Yes — Westlake Tapco Europe Limited reported a profit of £45.7k in the year to 31 Dec 2025.

Company No. 03926923 · Incorporated 11 Feb 2000

Westlake Tapco Europe Limited

Registered name: WESTLAKE TAPCO EUROPE LIMITED

Part of Westlake Corporation group

Westlake Tapco Europe Limited made £11.2m revenue and £45.7k profit in the year to 31 Dec 2025.

Westlake Tapco Europe Limited’s revenue grew 12% to £11.2m in the year to 31 Dec 2025, with £45.7k profit and 17 employees. The company is classified under “agents involved in the sale of timber and building materials” and is based in Hull Road, Woodmansey; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46130Agents involved in the sale of timber and building materials

Status: Active
Location: Hull Road, Woodmansey, Yorkshire and The Humber
Age: 26 yrs · since 2000
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: “Westlake International I B.V.”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightCash flow filed

Revenue

£11.2m

Growth ▲11.7%

Profit

£45.7k

Growth ▼89.2%

Profit margin

0.4%

Gross 25.6%

Employees

Change ▲6.3%

Profit / employee

£2.7k

Revenue/employee £660k

Profitable streak

3yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£10.2m	£10m	£11.2m
Cost of sales	£7.5m	£6.8m	£8.3m
Gross profit	£2.7m	£3.2m	£2.9m
Operating profit	—	£535k	£66.6k
Profit before tax	£282k	£535k	£66.6k
Profit after tax	£185k	£423k	£45.7k
Profit (best available)	£185k	£423k	£45.7k
Staff costs	£559k	£622k	£767k
Employees (average)	17	16	17
Ratios
Profit margin	1.8%	4.2%	0.4%
Gross margin	26.3%	32.1%	25.6%
Revenue per employee	£600k	£627k	£660k
Profit per employee	£10.9k	£26.4k	£2.7k
Cash conversion	—	292.5%	3371%
Growth (year on year)
Revenue growth	—	▼1.7%	▲11.7%
Profit growth	—	▲128.3%	▼89.2%
Headcount growth	—	▼5.9%	▲6.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£829k	£2.4m	£4.5m
Net assets	£5.6m	£6m	£6.1m
Fixed assets	£15.5k	£5.7k	£1.1k
Current assets	£5.8m	£7.5m	£8.3m
Debtors	£959k	£855k	£986k
Cash from operations	−£2.4m	£1.6m	£2.2m
Source	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 0.4%; Profit ÷ revenue.
Gross margin: 25.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £660k; Revenue ÷ average employees.
Profit per employee: £2.7k; Profit ÷ average employees.
Cash conversion: 3371%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.8%; 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: ▲1%; Now £6.1m
Cash at bank: ▲89%; Now £4.5m
Headcount: ▲6%; Now 17
Deferred income: —; Now —
Fixed assets: ▼80%; Now £1.1k

Corporate ownership

Group structure

Ownership chain

Westlake Corporation (registered outside the UK register)ultimate parent75–100%
Westlake Tapco Europe 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

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £45.7k), from the Companies House accounts bulk data published Sep 2026. 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.