WGP GROUP LTD
Get an alert when WGP GROUP LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£547K
USD 730,938
-31.3% vs 2023
Net assets
£3.3M
USD 4,374,119
+3.8% vs 2023
Employees
16
-5.9% vs 2023
Profit before tax
£179K
USD 239,477
+133.6% vs 2023
Net assets
2-year trend · vs Energy median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £11,616,912 | £7,880,332 | -32.2% | |
| Operating profit | -£311,946 | £182,630 | +158.5% | |
| Profit before tax | -£533,832 | £179,276 | +133.6% | |
| Net profit | -£785,030 | £121,189 | +115.4% | |
| Cash | £797,047 | £547,191 | -31.3% | |
| Total assets less current liabilities | £6,782,296 | £6,316,848 | -6.9% | |
| Net assets | £3,153,343 | £3,274,531 | +3.8% | |
| Equity | £3,153,343 | £3,274,531 | +3.8% | |
| Average employees | 17 | 16 | -5.9% | |
| Wages | £1,735,589 | £1,929,724 | +11.2% | |
| Directors' remuneration | £209,526 | £104,060 | -50.3% |
Figures converted to GBP from USD at 0.749 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -2.7% | 2.3% | |
| Net margin | -6.8% | 1.5% | |
| Return on capital employed | -4.6% | 2.9% | |
| Gearing (liabilities / total assets) | 71.2% | 53.1% | |
| Current ratio | 1.77x | 10.29x | |
| Interest cover | -1.16x | 17.66x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- AAB Audit & Accountancy Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors, having made due and careful enquiry, are of the opinion that the Company has adequate working capital to execute its operations over the next 12 months. The directors, therefore, have made an informed judgement, at the time of approving the financial statements, that there is a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. As a result, the directors have continued to adopt the going concern basis of accounting in preparing the annual financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ADEY, Matthew John | Director | 2019-05-29 | Apr 1972 | British |
| MADDEN, Alan Wiiliam | Director | 2023-05-04 | Jan 1987 | Irish |
| SMITH, Marcus Robert Leonard | Director | 2023-09-10 | Jul 1978 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CROSBY, Kevin | Director | 2017-10-06 | 2018-12-18 |
| DEMPSEY, Bryan Robert | Director | 2017-10-06 | 2018-12-18 |
| GATWARD, Jonathan Raban | Director | 2017-09-28 | 2017-10-09 |
| GRYTNES, Per Christian | Director | 2018-12-18 | 2019-10-01 |
| HANSSEN, Kenneth Nyhus | Director | 2021-12-31 | 2022-07-29 |
| HIBBEN, Terence John | Director | 2019-05-29 | 2022-02-25 |
| IVIN, Mark | Director | 2019-10-01 | 2021-12-31 |
| MORANT, Martyn | Director | 2022-08-01 | 2023-09-08 |
| SCOULIOS, Thomas Elias | Director | 2017-12-06 | 2023-04-30 |
| SUNDBY, Tom Henrik | Director | 2018-12-18 | 2019-05-29 |
| XAVIER, Jose | Director | 2017-11-24 | 2018-12-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Magseis Ff (Uk) Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-11-01 | Active |
| Mr Jonathan Raban Gatward | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-09-28 | Ceased 2017-11-01 |
Filing timeline
Last 20 of 53 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-10 | CH01 | officers | Change person director company with change date | |
| 2025-12-21 | AA | accounts | Accounts with accounts type full | |
| 2025-01-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-09-19 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-09-04 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-01-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-10 | AA | accounts | Accounts with accounts type full | |
| 2023-09-10 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-08 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-04 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-04 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-11 | AA | accounts | Accounts with accounts type full | |
| 2022-08-02 | AP01 | officers | Appoint person director company with name date | |
| 2022-08-01 | TM01 | officers | Termination director company with name termination date | |
| 2022-02-28 | TM01 | officers | Termination director company with name termination date | |
| 2022-01-06 | AP01 | officers | Appoint person director company with name date | |
| 2022-01-06 | TM01 | officers | Termination director company with name termination date |
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.