WFL (UK) LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-17 (in 7mo)
Last made up 2025-12-03
Watchouts
Cash
£104K
-86.5% vs 2023
Net assets
£51M
-6.2% vs 2023
Employees
608
-3.5% vs 2023
Profit before tax
-£7M
-64.6% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 1 time since incorporation
- WFL (UK) LIMITED 2014-10-01 → present
- WATSON PETROLEUM LIMITED 1957-11-20 → 2014-10-01
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £1,614,980,000 | £1,376,489,000 | |
| Operating profit | -£4,730,000 | -£5,817,000 | |
| Profit before tax | -£4,336,000 | -£7,137,000 | |
| Net profit | -£4,383,000 | -£3,402,000 | |
| Cash | £771,000 | £104,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | £54,687,000 | £51,285,000 | |
| Equity | £54,687,000 | £51,285,000 | |
| Average employees | 630 | 608 | |
| Wages | £15,392,000 | £26,427,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -0.3% | -0.4% | |
| Net margin | -0.3% | -0.2% | |
| Gearing (liabilities / total assets) | 75.7% | 68.0% | |
| Current ratio | 1.23x | 1.31x | |
| Interest cover | -2.08x | -2.38x |
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
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company's directors have completed a full review of the Company's financial position and forecast for the twelve months following the expected date of approval of these financial statements to 30 September 2026, as well as the Company's access to liquidity and financing should the Company require it to meet its' continuing liabilities as they fall due, and have concluded that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus, the Company has adopted the going concern basis in preparing the financial statements.”
Significant events
- “On 9 April 2025, subsequent to the balance sheet date, the company underwent a change in ownership. Inspirit Holmes Bidco Limited acquired 100% of the issued share capital of the company becoming the immediate parent undertaking to the Company. The ultimate parent undertaking is Inspirit Holmes Topco Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 21 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRAIN, Daniel John | Director | 2025-01-13 | Jan 1975 | British |
| GALVIN, Shaun | Director | 2021-05-01 | Jan 1984 | British |
| HOMER, Christopher | Director | 2025-05-21 | Dec 1989 | British |
| WHITTON, Matthew David | Director | 2025-01-13 | Dec 1978 | British |
Show 21 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARNETT, Andrew Nicholas | Secretary | 2006-04-19 | 2014-03-07 |
| WATSON, Anthony | Secretary | — | 2006-04-19 |
| DENTONS SECRETARIES LIMITED | Corporate Secretary | 2014-03-07 | 2017-06-15 |
| REED SMITH CORPORATE SERVICES LIMITED | Corporate Secretary | 2017-06-15 | 2025-04-09 |
| BISHOP, Claire Jean | Director | 2018-01-15 | 2024-10-31 |
| COLE, Jonathan Robert | Director | 2014-03-07 | 2017-05-26 |
| CROWELL, Ronald Benson | Director | 2014-03-07 | 2015-08-28 |
| DECLARIS, Wade Nicholas | Director | 2014-03-07 | 2016-02-19 |
| FRANCIS, Colin | Director | 2021-07-14 | 2024-04-01 |
| LEAMAN, Richard | Director | 2021-05-01 | 2025-01-13 |
| MORGAN, Stuart | Director | 2015-03-27 | 2017-12-31 |
| ROBERTS, Grant Scott | Director | 2018-04-17 | 2021-07-14 |
| RUTHERFORD, Guy Gibson | Director | 2011-03-21 | 2015-08-28 |
| TAYLOR, Robert | Director | 2017-06-30 | 2021-05-31 |
| URBAN, Adrienne Beth | Director | 2014-03-07 | 2015-08-28 |
| VIAN, Paul Thomas | Director | 2016-02-11 | 2019-04-18 |
| WATSON, Andrew Richard | Director | 2006-04-19 | 2014-03-07 |
| WATSON, Anthony Frederick James | Director | 2006-04-19 | 2015-03-27 |
| WATSON, Anthony | Director | — | 2010-01-19 |
| WATSON, Edith Audrey | Director | — | 2014-03-07 |
| WHITE, Christopher John | Director | 2014-03-07 | 2017-06-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Inspirit Holmes Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-04-09 | Active |
| Wfs Uk Holding Company Iii Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2025-04-09 |
Filing timeline
Last 20 of 292 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-04-17 RESOLUTIONS Resolution
- 2025-04-17 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-03 | AD04 | address | Move registers to registered office company with new address | |
| 2025-10-01 | AA | accounts | Accounts with accounts type full | |
| 2025-09-18 | AA01 | accounts | Change account reference date company current extended | |
| 2025-06-02 | CH01 | officers | Change person director company with change date | |
| 2025-06-02 | CH01 | officers | Change person director company with change date | |
| 2025-06-02 | CH01 | officers | Change person director company with change date | |
| 2025-05-21 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-17 | RESOLUTIONS | resolution | Resolution | |
| 2025-04-17 | MA | incorporation | Memorandum articles | |
| 2025-04-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-12 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-04-12 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-04-09 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-04-09 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-04-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-02-21 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-24 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- 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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-14.8%
£1,614,980,000 £1,376,489,000
-
Cash
-86.5%
£771,000 £104,000
-
Net assets
-6.2%
£54,687,000 £51,285,000
-
Employees
-3.5%
630 608
-
Operating profit
-23%
-£4,730,000 -£5,817,000
-
Profit before tax
-64.6%
-£4,336,000 -£7,137,000
-
Wages
+71.7%
£15,392,000 £26,427,000
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