How much does Westwood Pipelines Limited make?

Westwood Pipelines Limited reported revenue of £11.7m and £399k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Westwood Pipelines Limited have?

Westwood Pipelines Limited reported an average of 40 employees in the year to 31 Dec 2024.

Is Westwood Pipelines Limited profitable?

Yes — Westwood Pipelines Limited reported a profit of £399k in the year to 31 Dec 2024.

Company No. 04613101 · Incorporated 10 Dec 2002

Westwood Pipelines Limited

Registered name: WESTWOOD PIPELINES LIMITED

Part of Egeplast UK Limited group

Westwood Pipelines Limited made £11.7m revenue and £399k profit in the year to 31 Dec 2024.

Westwood Pipelines Limited’s revenue was £11.7m in the year to 31 Dec 2024, with £399k profit and 40 employees. The company is classified under “manufacture of other plastic products” and is based in Sandtoft; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 22290Manufacture of other plastic products

Status: Active
Location: Sandtoft, Yorkshire and The Humber
Age: 23 yrs · since 2002
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 Dec 2024

Key figures

Operating leverageCash flow filed

Revenue

£11.7m

Growth ▲0.3%

Profit

£399k

Growth ▲2.8%

Profit margin

3.4%

Gross 23.8%

Employees

Change ▲8.1%

Profit / employee

£10k

Revenue/employee £293k

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 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£12.3m	£11.7m	£11.7m
Cost of sales	£9.7m	£9.2m	£8.9m
Gross profit	£2.6m	£2.5m	£2.8m
Profit before tax	£828k	£521k	£542k
Profit after tax	£623k	£389k	£399k
Profit (best available)	£623k	£389k	£399k
Staff costs	£1.1m	£1.4m	£1.5m
Employees (average)	31	37	40
Ratios
Profit margin	5.1%	3.3%	3.4%
Gross margin	21.1%	21.3%	23.8%
Revenue per employee	£396k	£316k	£293k
Profit per employee	£20.1k	£10.5k	£10k
Growth (year on year)
Revenue growth	—	▼4.8%	▲0.3%
Profit growth	—	▼37.6%	▲2.8%
Headcount growth	—	▲19.4%	▲8.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.1m	£1.1m	£111k
Net assets	£2.5m	£1.3m	£1.5m
Fixed assets	£2.3m	£2.4m	£2.7m
Current assets	£6.9m	£5.1m	£4.1m
Debtors	£2.3m	£2m	£2.2m
Deferred income	£83k	£81k	£79k
Cash from operations	£2.5m	£842k	−£378k
Source	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data May 2025

Derived from the latest filing

How the business works

Profit margin: 3.4%; Profit ÷ revenue.
Gross margin: 23.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £293k; Revenue ÷ average employees.
Profit per employee: £10k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 22.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 19.1%; 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: ▲22%; Now £1.5m
Cash at bank: ▼90%; Now £111k
Headcount: ▲8%; Now 40
Deferred income: ▼2%; Now £79k
Fixed assets: ▲10%; Now £2.7m

Corporate ownership

Group structure

Ownership chain

Egeplast UK Limitedultimate parent75–100%
Westwood Pipelines 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 2024 (profit £399k), from the Companies House accounts bulk data published May 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.