How much does WN Corporate Limited make?

WN Corporate Limited reported revenue of £279m and a loss of £137m in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does WN Corporate Limited have?

WN Corporate Limited reported an average of 1,945 employees in the year to 31 Mar 2025.

Is WN Corporate Limited profitable?

No — WN Corporate Limited reported a loss of £137m in the year to 31 Mar 2025.

Company No. 15532524 · Incorporated 29 Feb 2024

WN Corporate Limited

Registered name: WN CORPORATE LIMITED

Part of Macquarie Principal Finance UK Limited group

WN Corporate Limited made £279m revenue and a £137m loss in the year to 31 Mar 2025.

WN Corporate Limited’s revenue was £279m in the year to 31 Mar 2025, with a loss of £137m and 1,945 employees. The company is classified under “activities of other holding companies” and is based in Solihull.

Full P&L filedSIC 64209Activities of other holding companies n.e.c.

Status: Active
Location: Solihull
Age: 2 yrs · since 2024
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

Revenue

£279m

Growth —

Profit

−£137m

Growth —

Profit margin

−49.3%

Gross 53.6%

Employees

1,945

Change —

Profit / employee

−£70.6k

Revenue/employee £143k

Profitable streak

0yrs

Consecutive profitable years in our data

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2025
Disclosure	Full P&L
Profit & loss
Revenue (turnover)	£279m
Cost of sales	−£129m
Gross profit	£150m
Operating profit	−£94.4m
Profit before tax	−£143m
Profit after tax	−£137m
Profit (best available)	−£137m
Employees (average)	1,945
Ratios
Profit margin	−49.3%
Gross margin	53.6%
Revenue per employee	£143k
Profit per employee	−£70.6k
Balance sheet — indirect signals, not revenue
Net assets	—
Source	Accounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −49.3%; Profit ÷ revenue.
Gross margin: 53.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £143k; Revenue ÷ average employees.
Profit per employee: −£70.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: —; Now —
Cash at bank: —; Now —
Headcount: —; Now 1,945
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Macquarie Principal Finance UK Limitedultimate parent75–100%
MPRC Europe Limited75–100%
Thetis Topco Limited75–100%
WN Corporate Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Thetis Midco LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2025 (profit −£137m), from the Companies House accounts bulk data published Dec 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.