WEARWELL (UK) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-06 (in 7mo)
Last made up 2025-11-22
Watchouts
None on the register
Cash
£1K
-99% lowest in 4 filed years
Net assets
£9M
+3.2% highest in 4 filed years
Employees
53
-13.1% lowest in 4 filed years
Profit before tax
£259K
+10.1% vs 2023
Name history
Renamed 1 time since incorporation
- WEARWELL (UK) LIMITED 1995-04-10 → present
- OPUS ENERGY LIMITED 1994-11-22 → 1995-04-10
Net assets
4-year trend · vs Consumer Discretionary median
Accounts
4-year trend · latest reflected 2024-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £7,548,607 | £7,017,331 | |
| Operating profit | — | — | £277,084 | £320,278 | |
| Profit before tax | £458,128 | £436,261 | £235,353 | £259,119 | |
| Net profit | — | £358,822 | £237,293 | £282,610 | |
| Cash | £978,467 | £778,463 | £116,960 | £1,225 | |
| Total assets less current liabilities | £8,585,571 | £8,903,221 | £9,412,421 | £9,644,042 | |
| Net assets | £7,847,056 | £8,205,878 | £8,746,057 | £9,028,667 | |
| Equity | £7,847,056 | £8,205,878 | £8,746,057 | £9,028,667 | |
| Average employees | 57 | 58 | 61 | 53 | |
| Wages | £1,115,155 | £1,271,956 | £1,372,220 | £1,291,114 |
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 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 3.7% | 4.6% | |
| Net margin | — | — | 3.1% | 4.0% | |
| Return on capital employed | — | — | 2.9% | 3.3% | |
| Current ratio | — | — | 3.29x | 3.01x | |
| Interest cover | — | — | 6.58x | 5.24x |
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
- BK Plus Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's 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.”
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.”
- “Management is satisfied with these results, particularly in light of the challenging market conditions during much of 2024, and remains optimistic about continued positive developments in 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WRIGHT, Richard | Director | 2017-08-10 | Aug 1967 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CROSSLEY, John Alan | Secretary | 1995-04-10 | 1996-08-08 |
| CROSSLEY, John Alan | Secretary | 1995-03-10 | 1995-03-29 |
| GREASLEY, Beate Maria | Secretary | 1996-08-14 | 2017-08-10 |
| KRAUSE, Victoria Anne | Secretary | 1995-03-29 | 1995-04-10 |
| THOMPSON, Derek Alan | Secretary | 1995-06-30 | 1996-08-14 |
| ARGUS NOMINEE SECRETARIES LIMITED | Corporate Nominee Secretary | 1994-11-22 | 1995-03-10 |
| CLAYTON, Garry | Director | 2003-01-17 | 2020-08-18 |
| CROSSLEY, John Alan | Director | 1995-06-30 | 1997-12-25 |
| GREASLEY, Beate Maria | Director | 1997-12-26 | 2017-08-10 |
| HUGHES, Quentin | Director | 2003-01-17 | 2003-07-23 |
| ROONEY, Carl | Director | 2003-01-17 | 2022-07-31 |
| THOMPSON, Derek Alan | Director | 1995-03-10 | 2003-01-17 |
| ARGUS NOMINEE DIRECTORS LIMITED | Corporate Nominee Director | 1994-11-22 | 1995-03-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Beate-Maria Veronika Elisabeth Greasley | Individual | Shares 50–75% | 2016-11-22 | Ceased 2017-08-10 |
| Mr Garry Clayton | Individual | Shares 25–50% | 2016-11-22 | Ceased 2017-08-10 |
| Wearwell Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 128 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-11-02 CC04 Statement of companys objects
- 2023-11-02 MA Memorandum articles
- 2023-11-02 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-18 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-01-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-24 | AA | accounts | Accounts with accounts type full | |
| 2024-02-16 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-12-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-02 | CC04 | change-of-constitution | Statement of companys objects | |
| 2023-11-02 | MA | incorporation | Memorandum articles | |
| 2023-11-02 | RESOLUTIONS | resolution | Resolution | |
| 2023-09-29 | AA | accounts | Accounts with accounts type full | |
| 2022-12-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-07 | AA | accounts | Accounts with accounts type full | |
| 2022-08-10 | TM01 | officers | Termination director company with name termination date | |
| 2021-12-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-25 | AA | accounts | Accounts with accounts type full | |
| 2020-12-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-08 | AA | accounts | Accounts with accounts type full | |
| 2020-08-25 | TM01 | officers | Termination director company with name termination date | |
| 2019-11-22 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-7%
£7,548,607 £7,017,331
-
Cash
-99%
£116,960 £1,225
lowest in 4 filed years
-
Net assets
+3.2%
£8,746,057 £9,028,667
highest in 4 filed years
-
Employees
-13.1%
61 53
lowest in 4 filed years
-
Operating profit
+15.6%
£277,084 £320,278
-
Profit before tax
+10.1%
£235,353 £259,119
-
Wages
-5.9%
£1,372,220 £1,291,114
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers