W.G.M (Engineering)limited
Registered name: W.G.M (ENGINEERING)LIMITED
Part of Ares Management Corporation groupW.G.M (Engineering)limited made £71.4m revenue and £3.1m profit in the year to 6 Apr 2025.
W.G.M (Engineering)limited’s revenue grew 36% to £71.4m in the year to 6 Apr 2025, with £3.1m profit and 505 employees. The company is classified under “manufacture of metal structures and parts of structures” and is based in Glasgow; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Glasgow, Scotland
- Age
- 40 yrs · since 1986
- 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 Mar 2023 | 31 Mar 2024 | 6 Apr 2024 | 6 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £44.1m | £52.7m | £52.7m | £71.4m |
| Cost of sales | £34.5m | £39.7m | −£39.7m | −£58.1m |
| Gross profit | £9.6m | £13m | £13m | £13.4m |
| Operating profit | — | — | £2.7m | £4.7m |
| Profit before tax | £1.4m | £2.7m | £2.7m | £4.5m |
| Profit after tax | £1.3m | £2m | £2m | £3.1m |
| Profit (best available) | £1.3m | £2m | £2m | £3.1m |
| Staff costs | £18.8m | £23.1m | — | — |
| Employees (average) | 376 | 440 | 440 | 505 |
| Ratios | ||||
| Profit margin | 3% | 3.9% | 3.9% | 4.4% |
| Gross margin | 21.9% | 24.6% | 24.6% | 18.7% |
| Revenue per employee | £117k | £120k | £120k | £141k |
| Profit per employee | £3.5k | £4.6k | £4.6k | £6.2k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲19.5% | — | ▲35.6% |
| Profit growth | — | ▲55.4% | — | ▲52.8% |
| Headcount growth | — | ▲17% | — | ▲14.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2m | £2.1m | — | — |
| Net assets | £8.5m | £5m | — | — |
| Fixed assets | £3.8m | £5.8m | — | — |
| Current assets | £15.4m | £15.9m | — | — |
| Debtors | £1.1m | £2.5m | — | — |
| Deferred income | £2.2m | £2.6m | — | — |
| Source | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Apr 2025 | Accounts · bulk data Nov 2025 | Accounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 4.4%
- Profit ÷ revenue.
- Gross margin
- 18.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £141k
- Revenue ÷ average employees.
- Profit per employee
- £6.2k
- 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.
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
- ▲15%
- Now 505
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Ares Management Corporation (registered outside the UK register)ultimate parent75–100%
- Ares Management Limited75–100%
- W.G.M (Engineering)limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (22)
- R.J.T. Excavations LimitedRev. £29.3m · Profit £2.3m
- Deans Civil Engineering LimitedRev. £28.6m · Profit £474k
- Axis Well Technology LimitedRev. £19.2m · Profit £1.7m
- Headland Archaeology (UK) LimitedRev. £17.5m · Profit £1.4m
- Galedin LimitedRev. £10.7m · Profit £1.1m
- Braid Vets LimitedRev. £5.1m · Profit £1.6m
- Homer Burgess LimitedRev. £4.6m · Profit £472k
- Blackhall VS LimitedRev. £3.2m · Profit £534k
- Biobest Laboratories LimitedRev. £2.9m · Profit £4.9k
- Tarpave LimitedRev. £2.3m · Profit £9.3k
- Skyvision International LimitedRev. £680k · Profit £176k
- Deans Holdco LimitedRev. £0 · Profit −£7.5k
- Clear Business Water LimitedFigures not disclosed
- Clyde Vets LtdFigures not disclosed
- Deans Developments (Kilbarchan) LtdFigures not disclosed
- Nethan Valley Veterinary Centre LimitedFigures not disclosed
- Parkside Veterinary Group LimitedFigures not disclosed
- RSK Environment LimitedFigures not disclosed
- RSK Renewables LimitedFigures not disclosed
- Synergie Environ LimitedRev. — · Profit −£313k
- T V V LimitedFigures not disclosed
- Westpoint Enterprise Support LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 6 Apr 2025 (profit £3.1m), from the Companies House accounts bulk data published Nov 2025. Spotted an error? Request a correction.
Updated from Companies House on 13 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.