£10.54m
−38%vs Mar 2024Active04715981Private limited companyTyne & Wear
W.I.P (WORK IN PROGRESS) LIMITED
Significant control: Christopher Patrick Maughan (75–100%), Dragonfly Venture Group Limited (75–100%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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Registered activity: Manufacture of footwear (SIC 15200). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
W.I.P (WORK IN PROGRESS) LIMITED is an active private limited company (company number 04715981) incorporated on 28 March 2003, registered in Tyne & Wear. Its registered activity is manufacture of footwear (SIC 15200). Latest full accounts cover the period ending 31 March 2025, showing net assets of £10.54m and cash of £2.39m, with 3 employees on average. Turnover was £48.91m. Net assets fell 38% on the prior period (£17.13m).
Peer position · net assets
By net assets it sits in the top quarter of 260 comparable companies in the UK (median £1,699, upper quartile £91k).
02
Ownership and control
- Mr Christopher Patrick Maughan
- owns 75–100% of shares
- Dragonfly Venture Group Limited
- owns 75–100% of shares
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 28 March 200323 yrs ago
- Next accounts due
- 31 December 2026in 66 days
- Confirmation statement due
- 11 April 2027in 167 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 15200
- Manufacture of footwear
- Accounts type
- Full
- Size band
- MediumCompanies Act thresholds
05
Financials
£2.39m
−5%vs Mar 2024£48.91m
+10%vs Mar 20243
No changevs Mar 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2025 | £10.54m | £2.39m | — | £32.13m | £48.91m | — | 3 |
| 31 March 2024 | £17.13m | £2.51m | — | £15.89m | £44.34m | — | 3 |
| 1 April 2023 | — | — | — | — | — | — | — |
Current ratio1.33Current assets ÷ creditors within one year
Cash per employee£796kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets above zeroNet assets £10,538,849 at 31 March 2025
- Net assets down 25% or more on the prior period-38.5% vs prior period
- Cash at bank of £50,000 or moreCash £2,388,624
- Three or more accounting periods on record3 periods on record
- Incorporated five or more years agoIncorporated 28 March 2003
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 167 days
- Next accounts duein 66 days
- Accounts period endNet assets £10.54m · full accounts
- Accounts period endNet assets £17.13m · full accounts
- Accounts period end
- Incorporated
08
Similar companies in Newcastle
- DRAGONFLY VENTURE (UK) LIMITEDTyne And Wear · inc. Aug 2004
- GOLDEN DRAGON FOOTWEAR LIMITEDNewcastle Upon Tyne · inc. Oct 2009
- DRAGONFLY VENTURE (TRADING) LIMITEDNewcastle Upon Tyne · inc. Jan 2011
- DRAGONFLY VENTURE GROUP LTDNewcastle · inc. Aug 2011
- BOLTON BROS (FOOTWEAR AND ORTHOTICS) LTDNewcastle Upon Tyne · inc. Oct 2017
- DOG LEAP BOOTS LIMITEDNewcastle Upon Tyne · inc. Aug 2020
All companies incorporated on 28 March 2003 · in Mar 2003.
09
Reminders for W.I.P (WORK IN PROGRESS) LIMITED
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