WINN HOLDING LIMITED

1. WINN HOLDING LIMITED 2013-10-23 → present
2. CONTINENTAL SHELF 555 LIMITED 2012-04-12 → 2013-10-23

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

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The group's forecasts and projections for the next twelve months show that the group will continue growing thanks to the additional headroom created by the unutilized credit facility. These forecasts support the ability of the group to remain a going concern and to be able to trade and to meet its debts as they fall due.”

Group structure

1. WINN HOLDING LIMITED · parent
   1. Winn Solicitors Limited 100% · England, Wales and Scotland · services supporting claims related to road traffic accidents
   2. On-Hire Limited 100% · England, Wales and Scotland · services supporting claims related to road traffic accidents
   3. On Medical Limited 100% · England, Wales and Scotland · services supporting claims related to road traffic accidents
   4. Winn Solicitors (Scotland) LLP · Scotland · services supporting claims related to road traffic accidents

Significant events

• “This year the group started to successfully provide intervention services to at fault insurers, generating additional revenue and profit from this new business line.”
• “Winn Solicitors Limited ended the financial year with a 32% increase in legal fees, thanks to the significant increase in Non-Pl legal fees (46%) and PI Fixed Recoverable Costs (38%).”
• “The Scottish office started to generate modest legal fees (£647k) but as the business expands in this geographical territory, we expect fees to be significantly higher next financial year.”
• “Group EBITDA increased by approximately 9% year on year to £40.6m thanks to the increase in legal fees, the organic growth in hire instructions, the improvements in hire and R&S margins and the new Intervention services volumes.”
• “The company witnessed strong cash generation during this year with £38.8m of cash-flow from operating activities (2024 - £3m). This helped the group to fully repay the £26.8m drawn at the end of the previous year from NatWest RCF.”
• “As of 31st March 2025, the Company has net cash of £6m.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

8

last 12 months

Capital events

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +3.2%

  £190,121,799 → £196,173,148

• Cash

  +30%

  £4,609,897 → £5,992,703

• Net assets

  +32.6%

  £75,959,486 → £100,736,639

• Employees

  +16.9%

  610 → 713

• Operating profit

  +9.9%

  £35,289,873 → £38,789,203

• Profit before tax

  +11.7%

  £31,094,519 → £34,746,338

• Wages

  +21.3%

  £20,155,093 → £24,447,710

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