Westec Holding Company Limited
Active03871242Professional servicesIncorporated 4 Nov 1999 · West Sussex
The principal activity of the group continued to be that of design and manufacture of electric servomotors and associated equipment , the distribution and service of precision electronic equipment and the design and delivery of rendering software. The business review is presented in the Strategic Report.
Revenue
£29.7m
▼ -7.9% vs prior ~12m period
Profit after tax
£3.6m
Margin 14.0%
Employees
179
▼ -4.3% vs prior ~12m period
Net assets
£39.1m
Total assets £18.1m
Financial history
Revenue by accounting period
6 periods available · ▲ growth ▼ decline
Dec 2019Not available
Dec 2020
£23.6m
Dec 2021
£28.0m▲ +18.7%
Dec 2022Not available
Dec 2023
£32.3m
Dec 2024
£29.7m▼ -7.9%
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2024 | £29.7m | ▼ -7.9% | — | 179 | £39.1m |
| 31 Dec 2023 | £32.3m | — | — | 187 | £43.5m |
| 31 Dec 2022 | — | — | £4.2m | 187 | £48.3m |
| 31 Dec 2021 | £28.0m | ▲ +18.7% | £3.7m | 163 | £48.4m |
| 31 Dec 2020 | £23.6m | — | £2.6m | 186 | — |
| 31 Dec 2019 | — | — | — | — | — |
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
- £29.7m
- Gross profit
- £10.4m
- Operating profit
- £4.2m
- Profit before tax
- Not available
- Profit after tax
- £3.6m
Balance sheet
- Total assets
- £18.1m
- Cash
- £11.9m
- Total liabilities
- Not available
- Net assets
- £39.1m
- Revenue per employee
- £166k
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