W.I.P. (WORKWEAR) LIMITED
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Next accounts due
2026-12-30 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-04-30 (in 11mo)
Last made up 2026-04-16
Watchouts
None on the register
Cash
£57K
+647.8% vs 2024
Net assets
£5M
-23.2% vs 2024
Employees
3
0% vs 2024
Profit before tax
£7M
+60.7% highest in 3 filed years
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2025-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £15,220,056 | £16,035,755 | £19,716,707 | |
| Operating profit | — | — | — | £4,144,674 | £4,095,848 | £6,578,716 | |
| Profit before tax | — | — | — | £4,144,119 | £4,097,213 | £6,583,191 | |
| Net profit | — | — | — | — | £3,072,910 | £4,937,393 | |
| Cash | £345,050 | £163,983 | £651,609 | £207,603 | £7,570 | £56,609 | |
| Total assets less current liabilities | £1,411,114 | £2,284,089 | £3,982,621 | £3,356,836 | £6,429,746 | £4,937,493 | |
| Net assets | £1,411,114 | £2,284,089 | £3,982,621 | £3,356,836 | £6,429,746 | £4,937,493 | |
| Equity | £1,411,114 | £2,284,089 | £3,982,621 | £3,356,836 | £6,429,746 | £4,937,493 | |
| Average employees | 1 | 3 | 3 | 3 | 3 | 3 | |
| Wages | — | — | — | — | — | — | |
| Directors' remuneration | — | — | — | — | — | — |
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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+23%
£16,035,755 £19,716,707
highest in 3 filed years
-
Cash
+647.8%
£7,570 £56,609
-
Net assets
-23.2%
£6,429,746 £4,937,493
-
Employees
0%
3 3
-
Operating profit
+60.6%
£4,095,848 £6,578,716
highest in 3 filed years
-
Profit before tax
+60.7%
£4,097,213 £6,583,191
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 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 27.2% | 25.5% | 33.4% | |
| Net margin | — | — | — | — | 19.2% | 25.0% | |
| Return on capital employed | — | — | — | 123.5% | 63.7% | 133.2% | |
| Current ratio | — | — | — | — | 12.20x | 2.36x | |
| Interest cover | — | — | — | 7467.88x | — | — |
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
- Robson Laidler Accountants Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MAUGHAN, Christopher Patrick | Director | 2007-04-16 | Oct 1963 | British |
| MAUGHAN, Jack Patrick | Director | 2020-03-06 | Aug 1994 | British |
| MAUGHAN, Joseph | Director | 2020-03-06 | Nov 1992 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOWEN, Steven John | Secretary | 2007-04-16 | 2020-11-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Christopher Patrick Maughan | Individual | Shares 75–100% | 2016-04-06 | Active |
| Dragonfly Venture Group Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 47 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-24 | AA | accounts | Accounts with accounts type full | |
| 2025-04-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-13 | AA | accounts | Accounts with accounts type full | |
| 2024-05-20 | AA | accounts | Accounts with accounts type small | |
| 2024-04-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-28 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-04-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-22 | AA | accounts | Accounts with accounts type small | |
| 2022-04-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-31 | AA | accounts | Accounts with accounts type small | |
| 2021-04-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-26 | AA | accounts | Accounts with accounts type small | |
| 2020-12-04 | AP01 | officers | Appoint person director company with name date | |
| 2020-12-04 | AP01 | officers | Appoint person director company with name date | |
| 2020-11-19 | TM02 | officers | Termination secretary company with name termination date | |
| 2020-04-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-12-24 | AA | accounts | Accounts with accounts type small | |
| 2019-04-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-12-12 | AA | accounts | Accounts with accounts type small |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- 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.