Wedo Business Finance Ltd
Active11844897Professional servicesIncorporated 25 Feb 2019 · Oldham
The principal activity of the group is the provision of a range of invoice, trade and asset finance services to small and medium sized businesses.
Revenue
£18.2m
No comparable prior period
Profit after tax
£430k
Margin 2.6%
Employees
71
— vs prior ~12m period
Net assets
£288k
Total assets £53.9m
Financial history
Revenue by accounting period
5 periods available · ▲ growth ▼ decline
Jul 2020Not available
Jul 2021Not available
Jul 2022Not available
Jul 2023
£12.7m
Dec 2024
£18.2m
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2024 | £18.2m | — | £429k | 71 | £288k |
| 31 Jul 2023 | £12.7m | — | -£6k | 35 | £326k |
| 31 Jul 2022 | — | — | — | 27 | £285k |
| 31 Jul 2021 | — | — | — | 18 | £120k |
| 31 Jul 2020 | — | — | — | 12 | -£118k |
Some periods are not about 12 months apart, usually because the company changed its year end or the register holds more than one set of accounts for a year. Growth is shown only against a prior period roughly 12 months earlier.
Latest available figures
Period ending 31 Dec 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £18.2m
- Gross profit
- £9.9m
- Operating profit
- £468k
- Profit before tax
- £429k
- Profit after tax
- £430k
Balance sheet
- Total assets
- £53.9m
- Cash
- £4.0m
- Total liabilities
- £53.7m
- Net assets
- £288k
- Revenue per employee
- £256k
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