WEARWELL GROUP HOLDINGS LIMITED
Get an alert when WEARWELL GROUP HOLDINGS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-25 (in 1y)
Last made up 2026-05-11
Watchouts
None on the register
Cash
£1K
Latest balance sheet
Net assets
-£336K
Equity attributable
Employees
55
Average over period
Profit before tax
-£184K
Period ending 2024-12-31
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-05-25 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | — | £1,558,802 | £7,017,331 | |
| Operating profit | — | -£154,140 | £6,548 | |
| Profit before tax | — | -£177,675 | -£183,542 | |
| Net profit | — | -£175,735 | -£160,051 | |
| Cash | — | £118,846 | £1,325 | |
| Total assets less current liabilities | — | £1,954,169 | £1,988,743 | |
| Net assets | — | -£175,635 | -£335,686 | |
| Equity | £0 | -£175,635 | -£335,686 | |
| Average employees | — | 65 | 55 | |
| Wages | — | £386,631 | £1,564,795 | |
| Directors' remuneration | — | £68,420 | £273,681 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-05-25 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | -9.9% | 0.1% | |
| Net margin | — | -11.3% | -2.3% | |
| Return on capital employed | — | -7.9% | 0.3% | |
| Current ratio | — | 1.11x | 1.09x | |
| Interest cover | — | -6.45x | 0.03x |
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
- Consolidated group
- Auditor
- BK Plus Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- WEARWELL GROUP HOLDINGS LIMITED · parent
- Wear to Work EBT Limited 100%
- Tecwear Limited 100%
- Wearwell (UK) Limited 100%
- Wearwell Group Limited 100%
- Wear To Work Solutions limited 100%
Significant events
- “In 2024, Wearwell UK secured significant new contracts, with rollout scheduled for 2025.”
- “To support this anticipated growth, we will be expanding our sales and operational teams through the recruitment of key personnel.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HUGHES, Simon Ralph | Director | 2023-05-26 | Jul 1958 | British |
| WRIGHT, Richard | Director | 2023-05-26 | Aug 1967 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CIUFFINI, Steven | Director | 2023-10-09 | 2025-01-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Richard Wright | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2023-05-26 | Active |
Filing timeline
Last 16 of 16 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-11-02 MA Memorandum articles
- 2023-11-02 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-01 | AA | accounts | Accounts with accounts type group | |
| 2025-08-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-23 | AA | accounts | Accounts with accounts type group | |
| 2024-12-23 | AA01 | accounts | Change account reference date company previous shortened | |
| 2024-07-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-11-08 | SH08 | capital | Capital name of class of shares | |
| 2023-11-08 | SH10 | capital | Capital variation of rights attached to shares | |
| 2023-11-02 | MA | incorporation | Memorandum articles | |
| 2023-11-02 | RESOLUTIONS | resolution | Resolution | |
| 2023-10-25 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-25 | SH01 | capital | Capital allotment shares | |
| 2023-10-25 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-10-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-05-26 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.