WSP Textiles Limited
Registered name: WSP TEXTILES LIMITED
Part of Ludus Capital Limited groupWSP Textiles Limited made £20.6m revenue and £227k profit in the year to 31 Dec 2025.
WSP Textiles Limited’s revenue fell 11% to £20.6m in the year to 31 Dec 2025, with £227k profit and 150 employees. The company is classified under “manufacture of other textiles” and is based in Gloucestershire; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Gloucestershire, South West
- Age
- 15 yrs · since 2011
- 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 Dec 2024 | 31 Dec 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £23m | £20.6m |
| Cost of sales | £19.8m | £18.8m |
| Gross profit | £3.2m | £1.7m |
| Profit before tax | £1.8m | £333k |
| Profit after tax | £1.4m | £227k |
| Profit (best available) | £1.4m | £227k |
| Staff costs | £5.8m | £6.2m |
| Employees (average) | 153 | 150 |
| Ratios | ||
| Profit margin | 5.9% | 1.1% |
| Gross margin | 13.9% | 8.5% |
| Revenue per employee | £150k | £137k |
| Profit per employee | £8.9k | £1.5k |
| Growth (year on year) | ||
| Revenue growth | — | ▼10.5% |
| Profit growth | — | ▼83.4% |
| Headcount growth | — | ▼2% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £4.9m | £2.6m |
| Net assets | £15.4m | £14.7m |
| Fixed assets | £6.2m | £6.1m |
| Current assets | £12.9m | £11.5m |
| Debtors | £3.6m | £3.5m |
| Source | FullAccounts · bulk data Sep 2026 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 1.1%
- Profit ÷ revenue.
- Gross margin
- 8.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £137k
- Revenue ÷ average employees.
- Profit per employee
- £1.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 29.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 16.8%
- 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
- ▼4%
- Now £14.7m
- Cash at bank
- ▼47%
- Now £2.6m
- Headcount
- ▼2%
- Now 150
- Deferred income
- —
- Now —
- Fixed assets
- ▼2%
- Now £6.1m
Group structure
Ownership chain
- Ludus Capital Limitedultimate parent75–100%
- WSP Textiles Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (3)
- Strachan and Company LimitedFigures not disclosed
- William Playne & Company LimitedFigures not disclosed
- Winterbotham, Strachan & Playne LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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- Profit
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £227k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 15 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.