WERNICK POWER SOLUTIONS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-17 (in 11mo)
Last made up 2026-04-03
Watchouts
None on the register
Cash
£925K
+288.7% highest in 6 filed years
Net assets
£6M
+66.8% highest in 6 filed years
Employees
60
-13% vs 2023
Profit before tax
£3M
+71% highest in 4 filed years
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | £11,530,396 | — | £15,986,000 | £19,996,000 | |
| Operating profit | — | — | £1,848,973 | — | £2,104,000 | £3,008,000 | |
| Profit before tax | — | — | £1,726,052 | £786,100 | £1,951,000 | £3,337,000 | |
| Net profit | — | — | £1,185,917 | £404,256 | £1,372,000 | £2,350,000 | |
| Cash | £49,215 | £5,574 | £150,227 | £44,443 | £238,000 | £925,000 | |
| Total assets less current liabilities | £1,896,932 | £5,235,740 | £6,813,487 | £4,477,661 | £5,883,000 | £12,360,000 | |
| Net assets | £341,714 | £556,141 | £1,742,058 | £2,146,314 | £3,518,000 | £5,868,000 | |
| Equity | £341,714 | £556,141 | £1,742,058 | £2,146,314 | £3,518,000 | £5,868,000 | |
| Average employees | 14 | 43 | 45 | 46 | 69 | 60 | |
| Wages | — | — | £1,650,900 | £1,833,610 | £2,177,000 | £2,854,000 | |
| 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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+25.1%
£15,986,000 £19,996,000
highest in 3 filed years
-
Cash
+288.7%
£238,000 £925,000
highest in 6 filed years
-
Net assets
+66.8%
£3,518,000 £5,868,000
highest in 6 filed years
-
Employees
-13%
69 60
-
Operating profit
+43%
£2,104,000 £3,008,000
highest in 3 filed years
-
Profit before tax
+71%
£1,951,000 £3,337,000
highest in 4 filed years
-
Wages
+31.1%
£2,177,000 £2,854,000
highest in 4 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 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | 16.0% | — | 13.2% | 15.0% | |
| Net margin | — | — | 10.3% | — | 8.6% | 11.8% | |
| Return on capital employed | — | — | 27.1% | — | 35.8% | 24.3% | |
| Gearing (liabilities / total assets) | — | — | — | — | 86.0% | 79.6% | |
| Current ratio | — | — | — | — | 0.20x | 0.25x | |
| Interest cover | — | — | 15.04x | — | 13.75x | 11.10x |
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
- Rickard Luckin 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.”
Group structure
- WERNICK POWER SOLUTIONS LIMITED · parent
- Anderson Engineering (Generator Specialists) Limited 100%
Significant events
- “During the year, the Anderson Engineering (Generator Specialists) Ltd subsidiary was incorporated into Wernick Power Solutions.”
- “In the previous period, the carrying value of the investment in Anderson Engineering (Generator Specialists) Limited was impaired to its expected residual position following the transfer of all trade and assets to Wernick Power Solutions Limited since acquisition. In the current period the company has distributed its closing reserves and ceased to operate and in the post balance sheet period has been struck off the register of companies. In the current period the remaining carrying value has therefore been impaired following receipt of the relevant investment income.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JAGGON, John Joseph | Secretary | 2019-04-04 | — | — |
| BROWN, Darren Paul | Director | 2026-01-01 | Oct 1969 | British |
| CRANE, Nicholas Michael | Director | 2025-01-01 | Dec 1973 | British |
| JAGGON, John Joseph | Director | 2019-04-04 | Jul 1968 | British |
| THISTLETHWAITE, Michael Anthony | Director | 2023-01-01 | Sep 1971 | British |
| WERNICK, David Mark | Director | 2019-04-04 | Apr 1957 | British |
| WERNICK, Jonathan Samuel | Director | 2021-01-01 | Jan 1990 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DORAN, Simon Mark Francis | Director | 2019-04-04 | 2021-07-01 |
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%, Voting 75–100%, Appoints directors | 2019-04-04 | Ceased 2021-08-06 |
Filing timeline
Last 20 of 28 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-07 | CH01 | officers | Change person director company with change date | |
| 2026-01-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-22 | AA | accounts | Accounts with accounts type full | |
| 2025-04-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-06 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-26 | AA | accounts | Accounts with accounts type full | |
| 2024-04-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-01 | AA | accounts | Accounts with accounts type full | |
| 2023-04-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-14 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-01-06 | AP01 | officers | Appoint person director company with name date | |
| 2022-09-16 | AA | accounts | Accounts with accounts type small | |
| 2022-04-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-23 | AA | accounts | Accounts with accounts type small | |
| 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 | |
| 2021-05-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-04-09 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.