WESSINGTON CRYOGENICS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-01 (in 9mo)
Last made up 2026-01-18
Watchouts
None on the register
Cash
£348K
+682.8% highest in 4 filed years
Net assets
£4M
+118% highest in 4 filed years
Employees
142
+9.2% highest in 4 filed years
Profit before tax
£320K
-49.1% first positive since 2022
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · latest reflected 2024-12-31
| Metric | Trend | 2021-06-30 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £16,733,829 | £20,101,983 | |
| Operating profit | — | — | £653,350 | £475,538 | |
| Profit before tax | — | -£828,576 | £629,090 | £320,151 | |
| Net profit | — | -£583,401 | £989,344 | £275,149 | |
| Cash | £278,600 | £23,179 | £44,484 | £348,210 | |
| Total assets less current liabilities | £1,060,322 | £1,334,358 | £2,155,038 | £4,345,967 | |
| Net assets | £522,814 | £939,413 | £1,928,757 | £4,203,906 | |
| Equity | £522,814 | £939,413 | £1,928,757 | £4,203,906 | |
| Average employees | 108 | 105 | 130 | 142 | |
| Wages | — | £5,228,531 | £4,499,795 | £5,705,090 | |
| Directors' remuneration | — | £357,850 | £86,051 | £109,075 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+20.1%
£16,733,829 £20,101,983
-
Cash
+682.8%
£44,484 £348,210
highest in 4 filed years
-
Net assets
+118%
£1,928,757 £4,203,906
highest in 4 filed years
-
Employees
+9.2%
130 142
highest in 4 filed years
-
Operating profit
-27.2%
£653,350 £475,538
-
Profit before tax
-49.1%
£629,090 £320,151
first positive since 2022
-
Wages
+26.8%
£4,499,795 £5,705,090
highest in 3 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-06-30 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 3.9% | 2.4% | |
| Net margin | — | — | 5.9% | 1.4% | |
| Return on capital employed | — | — | 30.3% | 10.9% | |
| Gearing (liabilities / total assets) | — | — | 78.4% | 57.7% | |
| Current ratio | — | — | 0.99x | 1.32x | |
| Interest cover | — | — | 26.78x | 3.06x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Consilium Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company has suffered from a difficult trading environment post year-end with a significant reduction in revenue from the year to December 2024. Although the company continues to have a strong balance sheet, Robertson Campbell Investments Limited, a related entity, has pledged its support to the Company to enable it to continue in operational existence for the foreseeable future.”
Significant events
- “Wessington also suffered the loss of a long-standing customer who entered financial difficulty, resulting in both a bad debt and stock write-off.”
- “The exceptional items noted above represent one off costs and loss of sales related to an individual customer project which has terminated subsequent to the year-end.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CALLION, Mathew Stuart | Director | 2022-02-01 | Dec 1984 | British |
| EASTON, David Alexander | Director | 2025-08-25 | Feb 1976 | British |
| NESOM, Christopher Michael | Director | 2025-08-25 | Jul 1982 | British |
| ROBERTSON, Colin Dugaid | Director | 2022-02-01 | Jan 1965 | British |
| ROWE, Paul | Director | 2004-10-22 | Jun 1966 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BELL, Debbie | Secretary | 2006-07-26 | 2022-02-01 |
| BENNETT-COWELL, Brian Nicholas | Secretary | — | 2004-10-22 |
| ROWE, Paul | Secretary | 2004-10-22 | 2006-07-26 |
| BENNETT COWER, Christopher | Director | 2004-10-22 | 2004-12-31 |
| BENNETT-COWELL, Brian Nicholas | Director | — | 2004-10-22 |
| COURTNEY, Gillian | Director | 2008-01-02 | 2022-02-01 |
| LOMAX, Philip John | Director | — | 1992-04-18 |
| ROWE, Edwin Marshall | Director | — | 2021-01-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Wessington Topco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-02-01 | Active |
| Ms Angela Flounders | Individual | Shares 50–75%, Voting 50–75% | 2021-01-19 | Ceased 2022-02-01 |
| Mr Paul Rowe | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-04-06 | Ceased 2022-02-01 |
| Mrs Gillian Courtney | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-04-06 | Ceased 2022-02-01 |
Filing timeline
Last 20 of 147 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-01-09 RESOLUTIONS Resolution
- 2023-01-10 RESOLUTIONS Resolution
- 2022-02-11 MA Memorandum articles
- 2022-02-08 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-19 | AA | accounts | Accounts with accounts type full | |
| 2025-08-26 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-26 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-09 | RESOLUTIONS | resolution | Resolution | |
| 2025-01-07 | SH01 | capital | Capital allotment shares | |
| 2024-09-27 | AA | accounts | Accounts with accounts type full | |
| 2024-01-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-17 | AAMD | accounts | Accounts amended with accounts type total exemption full | |
| 2023-10-16 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-09-27 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-03-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-01-10 | RESOLUTIONS | resolution | Resolution | |
| 2023-01-10 | SH01 | capital | Capital allotment shares | |
| 2022-04-21 | AA01 | accounts | Change account reference date company current extended | |
| 2022-04-05 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-02-11 | MA | incorporation | Memorandum articles | |
| 2022-02-08 | RESOLUTIONS | resolution | Resolution | |
| 2022-02-03 | PSC02 | persons-with-significant-control | Notification of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 1
- Officers appointed
- 2
- 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.