WERNICK HIRE LIMITED
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Cash
£1.3m
-57.7% vs 2024
Net assets
£135m
+11.8% highest in 6 filed years
Employees
472
+6.1% highest in 6 filed years
Profit before tax
£17m
-9.3% lowest in 6 filed years
Watch the reel
Our short-form breakdown of WERNICK HIRE LIMITED's latest filing
Wernick Hire posts £143.9m in turnover as the portable building giant continues to pour capital into its fleet. 🏗️📈
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £95,268,420 | £119,766,912 | £113,439,133 | £119,459,000 | £131,354,000 | £143,883,000 | +9.5% | |
| Operating profit | £19,544,673 | £28,720,747 | £23,866,653 | £22,399,000 | £22,439,000 | £21,568,000 | -3.9% | |
| Profit before tax | £18,822,324 | £27,778,455 | £22,658,614 | £20,565,000 | £18,992,000 | £17,229,000 | -9.3% | |
| Net profit | £15,547,098 | £21,110,231 | £15,229,854 | £16,537,000 | £13,446,000 | £14,332,000 | +6.6% | |
| Cash | £599,644 | £8,284,113 | £4,321,073 | £2,056,000 | £3,125,000 | £1,321,000 | -57.7% | |
| Total assets less current liabilities | £94,805,550 | £108,888,877 | £125,977,896 | £147,721,000 | £174,795,000 | £193,343,000 | +10.6% | |
| Net assets | £64,757,022 | £75,867,253 | £91,097,107 | £107,634,000 | £121,079,000 | £135,411,000 | +11.8% | |
| Equity | £64,757,022 | £75,867,253 | £91,097,107 | £107,634,000 | £121,079,000 | £135,411,000 | +11.8% | |
| Average employees | 402 | 414 | 416 | 447 | 445 | 472 | +6.1% | |
| Wages | £12,172,563 | £13,909,738 | £14,929,052 | £15,708,000 | £18,090,000 | £20,117,000 | +11.2% | |
| Directors' remuneration | £319,732 | £594,873 | £856,723 | £757,000 | £630,000 | £849,000 | +34.8% | |
| Directors' pension contributions | £NaN | £NaN | £NaN | £24,000 | £26,000 | £15,000 | -42.3% | |
| Highest paid director | £NaN | £NaN | £NaN | £474,000 | £482,000 | £563,000 | +16.8% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | 20.5% | 24.0% | 21.0% | 18.8% | 17.1% | 15.0% | |
| Net margin | 16.3% | 17.6% | 13.4% | 13.8% | 10.2% | 10.0% | |
| Return on capital employed | 20.6% | 26.4% | 18.9% | 15.2% | 12.8% | 11.2% | |
| Gearing (liabilities / total assets) | 52.2% | 49.5% | 46.9% | 46.9% | 50.0% | 50.2% | |
| Current ratio | — | — | — | 0.97x | 0.80x | 0.78x | |
| Interest cover | 27.06x | 30.48x | 19.76x | 12.21x | 6.39x | 4.97x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- WERNICK HIRE LIMITED 1993-12-24 → present
- LINDON ASSOCIATES(BILLERICAY)LIMITED 1959-07-29 → 1993-12-24
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Rickard Luckin Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- WERNICK HIRE LIMITED · parent
- Wernick Event Hire Limited 100%
- Wernick Refurbished Buildings Limited 100%
- Rawley Hire Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JAGGON, John Joseph | Secretary | 2015-01-01 | — | — |
| AMERS-DELPH, Nikola | Director | 2026-03-01 | Mar 1980 | British |
| BROWN, Darren Paul | Director | 2017-01-01 | Oct 1969 | British |
| JAGGON, John Joseph | Director | 2017-01-01 | Jul 1968 | British |
| THISTLETHWAITE, Michael | Director | 2006-03-31 | Sep 1971 | British |
| WERNICK, David Mark | Director | — | Apr 1957 | British |
| WERNICK, Jonathan Samuel | Director | 2017-01-01 | Jan 1990 | British |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROWN, Ronald Walter | Secretary | 2005-05-06 | 2005-05-16 |
| POTTER, Stephen George | Secretary | 1993-08-04 | 2014-12-31 |
| SIRETT, Andrew John | Secretary | — | 1992-12-31 |
| WERNICK, David Mark | Secretary | — | 1993-08-04 |
| CRAINE, Graham | Director | 2000-03-15 | 2004-12-31 |
| CRAINE, Graham | Director | — | 1999-10-15 |
| DORAN, Simon Mark Francis | Director | 2005-01-01 | 2021-07-01 |
| GRIFFITHS, Gary Albert Michael | Director | 2000-03-15 | 2011-07-06 |
| GRIFFITHS, Gary Albert Michael | Director | 1995-03-01 | 1999-10-15 |
| HUNT, Raymond Francis | Director | — | 2001-01-19 |
| MCGLADE, James | Director | 2007-07-01 | 2011-02-04 |
| POEL, Patricia Marie | Director | — | 2004-12-31 |
| SPRINGETT, Geoffrey Clarence | Director | — | 1993-05-22 |
| WERNICK, Eileen Kate | Director | — | 1999-09-30 |
| WERNICK, Joseph Abram | Director | — | 1994-07-01 |
| WERNICK, Julian Phillip | Director | — | 1992-12-31 |
| WERNICK, Lionel Rufus | Director | — | 2023-11-12 |
| WERNICK, Sheila Faye | Director | — | 2002-08-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| S Wernick & Sons (Holdings) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-08-06 | Active |
| Mr David Mark Wernick | Individual | Shares 50–75% (as firm) | 2018-03-27 | Ceased 2021-08-06 |
Filing timeline
Last 20 of 254 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-26 | AA | accounts | Accounts with accounts type full | |
| 2026-05-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-22 | AA | accounts | Accounts with accounts type full | |
| 2025-05-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-26 | AA | accounts | Accounts with accounts type full | |
| 2024-05-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-27 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-01 | AA | accounts | Accounts with accounts type full | |
| 2023-05-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-14 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-09-15 | AA | accounts | Accounts with accounts type full | |
| 2022-06-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-23 | AA | accounts | Accounts with accounts type full | |
| 2021-08-06 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-08-06 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2021-07-13 | TM01 | officers | Termination director company with name termination date | |
| 2021-06-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-08-03 | AA | accounts | Accounts with accounts type full | |
| 2020-05-28 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.