Williams Advanced Engineering

Williams Advanced Engineering is a company operating as a technology and engineering services business. It offers technical innovation, engineering, testing, manufacturing, and operational consultancy services to the automotive, motorsport, aerospace, defense, health, and energy sectors. The company specializes in aerodynamics and thermodynamics, electrification, advanced lightweight materials, simulation, and vehicle integration.

Employee Rating

3.4More
TypeSubsidiary
HQGrove, GB
Founded2010
Websitewae.com
Cybersecurity ratingCMore
Williams Advanced Engineering was founded in 2010 and is headquartered in Grove, GB

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Williams Advanced Engineering Office Locations

Williams Advanced Engineering has offices in Grove and Coventry
Coventry, GB
Mile Ln
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Williams Advanced Engineering Financials and Metrics

Summary Metrics

Founding Date

2010

Williams Advanced Engineering Revenue

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Williams Advanced Engineering's revenue was reported to be £63.65 m in FY, 2019 which is a 43.4% increase from the previous period.
USDFY, 2017FY, 2018FY, 2019

Revenue

39.5m44.4m63.7m

Revenue growth, %

13%43%

Cost of goods sold

29.7m35.9m52.3m

Gross profit

9.7m8.5m11.3m
GBPFY, 2017FY, 2018FY, 2019

Cash

183.0k1.1m8.6m

Accounts Receivable

5.2m6.8m9.1m

Inventories

1.5m3.1m5.7m

Current Assets

16.7m33.0m40.7m
GBPFY, 2018FY, 2019

Net Income

(560.0k)221.0k

Depreciation and Amortization

708.0k678.0k

Inventories

(1.6m)(2.6m)

Accounts Payable

16.8m(17.3m)
GBPFY, 2017

Revenue/Employee

233.5k

Debt/Equity

-68.9 x

Debt/Assets

1 x

Financial Leverage

-67.9 x
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Williams Advanced Engineering Operating Metrics

Oct, 2020

Industries Served

7

Patents

5
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Williams Advanced Engineering Cybersecurity Score

Cybersecurity ratingPremium dataset

C

75/100

SecurityScorecard logo

Williams Advanced Engineering Online and Social Media Presence

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Williams Advanced Engineering News and Updates

Hyundai Veloster N ETCR car completes WAE systems integration

At the end of September Hyundai Motorsport completed its first integration of a Veloster N ETCR car at Williams Advanced Engineering (WAE), under the supervision of WSC Group’s ETCR technical director Gergeli Bári. Activities included four days at the WAE workshop for the integration of the electric…

Williams Advanced Engineering wins another battery contract

Williams Advanced Engineering (WAE) has won another major battery contract after being nominated as the supplier of the battery for the LMDh programme.

Williams Advanced Engineering (WAE) appointed as exclusive battery system supplier for the LMDH regulations

Williams Advanced Engineering (WAE) has been nominated as the supplier of the battery for the LMDh programme, which marks another major battery contract for the Oxfordshire based technology company.

Media speculation relating to Lotus cars

Williams Advanced Engineering (WAE) notes the recent media reports and is both surprised and disappointed that Lotus (owned and controlled by Chinese automaker Geely) has terminated its technical partnership with WAE to develop the Lotus Evija.

Williams sold to US-based Dorilton Capital

The Williams Formula 1 team has been sold to U.S.-based private investment company Dorilton Capital, ensuring the long-term security of the team.

eSKOOTR championship announces pioneering technical partnership supply deal with Williams Advanced Engineering

The Electric Scooter Championship (eSC) is delighted to announce that Williams Advanced Engineering (WAE) will develop and supply the series’ first eSkootr model. The deal will see the British technology and engineering services business – which originated from the renowned F1 constructor Williams –…
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Williams Advanced Engineering Frequently Asked Questions

  • When was Williams Advanced Engineering founded?

    Williams Advanced Engineering was founded in 2010.

  • How many employees does Williams Advanced Engineering have?

    Williams Advanced Engineering has 264 employees.

  • What is Williams Advanced Engineering revenue?

    Latest Williams Advanced Engineering annual revenue is £63.7 m.

  • What is Williams Advanced Engineering revenue per employee?

    Latest Williams Advanced Engineering revenue per employee is £241.1 k.

  • Who are Williams Advanced Engineering competitors?

    Competitors of Williams Advanced Engineering include Covestro, Porsche Automobil Holding and Cummings Aerospace.

  • Where are Williams Advanced Engineering offices?

    Williams Advanced Engineering has offices in Grove and Coventry.

  • How many offices does Williams Advanced Engineering have?

    Williams Advanced Engineering has 2 offices.