WIFCO LIMITED
Get an alert when WIFCO 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
2026-12-22 (in 7mo)
Last made up 2025-12-08
Watchouts
None on the register
Cash
£486K
+3.4% vs 2023
Net assets
£4M
+20.1% highest in 6 filed years
Employees
77
+6.9% highest in 6 filed years
Profit before tax
£1M
+19.2% vs 2023
Net assets
10-year trend · vs Industrials median
Accounts
10-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | — | £44,488,750 | £47,611,270 | |
| Operating profit | — | — | — | — | — | — | — | — | £1,319,951 | £1,564,763 | |
| Profit before tax | — | — | — | — | — | — | — | — | £938,477 | £1,118,309 | |
| Net profit | £4,000 | — | £2,000 | — | £2,000 | — | £2,000 | — | £713,040 | £842,768 | |
| Cash | — | — | — | — | — | — | — | — | £470,435 | £486,226 | |
| Total assets less current liabilities | £100 | — | £100 | — | £100 | — | £100 | — | £5,327,234 | £5,759,073 | |
| Net assets | £100 | — | £100 | — | £100 | — | £100 | — | £3,399,277 | £4,080,993 | |
| Equity | £100 | £100 | £100 | £100 | £100 | £100 | £100 | £100 | £3,399,277 | £4,080,993 | |
| Average employees | 2 | — | 2 | — | 2 | — | 2 | — | 72 | 77 | |
| Wages | — | — | — | — | — | — | — | — | £2,435,973 | £2,593,384 | |
| Directors' remuneration | — | — | — | — | — | — | — | — | £266,990 | £41,747 |
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
+7%
£44,488,750 £47,611,270
-
Cash
+3.4%
£470,435 £486,226
-
Net assets
+20.1%
£3,399,277 £4,080,993
highest in 6 filed years
-
Employees
+6.9%
72 77
highest in 6 filed years
-
Operating profit
+18.5%
£1,319,951 £1,564,763
-
Profit before tax
+19.2%
£938,477 £1,118,309
-
Wages
+6.5%
£2,435,973 £2,593,384
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 | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | 3.0% | 3.3% | |
| Net margin | — | — | — | — | — | — | — | — | 1.6% | 1.8% | |
| Return on capital employed | — | — | — | — | — | — | — | — | 24.8% | 27.2% | |
| Current ratio | — | — | — | — | — | — | — | — | 1.01x | 1.05x | |
| Interest cover | — | — | — | — | — | — | — | — | 3.46x | 3.50x |
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
- UHY Hacker Young Fitch Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Group's financial forecasts and sensitivities show the Group is expected to continue to be cash generative taking account of the anticipated changes in trading performance, and it will operate within its facilities and meet its obligations as they fall due. Consequently, the Directors continue to adopt the going concern basis of accounting in preparing the annual financial statements.”
Group structure
- WIFCO LIMITED · parent
- Prentice Portadown Limited 100%
- Strathden Limited 100%
Significant events
- “The Group continues to manage the challenges of new car supply issues due to component shortages and also restricted used car supply, which has led to used wholesale prices growing at a high rate. This has resulted in lower used car stock holdings at times and increased stock turnaround times.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HOUSTON, Joanne Elaine | Director | 2016-08-16 | May 1968 | British |
| HOUSTON, Peter Samuel | Director | 2019-05-02 | Mar 1964 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FITCH, Michael Craig | Director | 2016-08-16 | 2016-08-16 |
| PRENTICE, David | Director | 2016-08-16 | 2016-09-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Michael Craig Fitch | Individual | Shares 75–100% | 2016-08-16 | Ceased 2016-08-16 |
| Mrs Joanne Elaine Houston | Individual | Shares 75–100% | 2016-08-16 | Active |
Filing timeline
Last 20 of 30 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-04-24 MA Memorandum articles
- 2025-04-16 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-09-26 | AA | accounts | Accounts with accounts type group | |
| 2025-04-24 | MA | incorporation | Memorandum articles | |
| 2025-04-16 | RESOLUTIONS | resolution | Resolution | |
| 2025-04-15 | SH08 | capital | Capital name of class of shares | |
| 2024-12-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-25 | AA | accounts | Accounts with accounts type group | |
| 2024-03-26 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-12-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-28 | AA | accounts | Accounts with accounts type group | |
| 2022-12-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-08 | AA | accounts | Accounts with accounts type group | |
| 2021-12-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-27 | AA | accounts | Accounts with accounts type group | |
| 2020-12-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-08-03 | AA | accounts | Accounts with accounts type group | |
| 2019-12-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-08-06 | AA | accounts | Accounts with accounts type group | |
| 2019-05-28 | AP01 | officers | Appoint person director company with name date | |
| 2018-12-17 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 1
- 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.