Well Able Limited

Active11625794Financial servicesIncorporated 16 Oct 2018 · Grimsby

The group's principal activity continues to be that of the manufacture and supply of specialist plastic and cardboard packaging solutions. The business remains committed to delivering high‑quality, sustainable products to customers across its core markets. Despite ongoing economic and sector‑specific challenges, the company has demonstrated strong resilience, supported by effective operational management and targeted strategic investments.

Revenue

£14.1m

▲ +13.3% vs prior ~12m period

Profit after tax

£1.1m

Margin 10.2%

Employees

55

▲ +1733.3% vs prior ~12m period

Net assets

£3.9m

Total assets £6.7m

Financial history

Revenue by accounting period

6 periods available · ▲ growth ▼ decline

Dec 2020
Not available
Dec 2021
Not available
Dec 2022
Not available
Dec 2023
Not available
Dec 2024
£12.4m
Dec 2025
£14.1m▲ +13.3%
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Dec 2025£14.1m▲ +13.3%£1.4m55£3.9m
31 Dec 2024£12.4m—£1.5m3£1.7m
31 Dec 2023———3£1.6m
31 Dec 2022———3£1.5m
31 Dec 2021———0£995k
31 Dec 2020———0£953k

Latest available figures

Period ending 31 Dec 2025. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£14.1m
Gross profit
£4.7m
Operating profit
£1.4m
Profit before tax
£1.4m
Profit after tax
£1.1m

Balance sheet

Total assets
£6.7m
Cash
£931k
Total liabilities
£2.8m
Net assets
£3.9m
Revenue per employee
£256k

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