How much does Stephen Walters & Sons Limited make?

Stephen Walters & Sons Limited reported revenue of £8.5m and £111k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Stephen Walters & Sons Limited have?

Stephen Walters & Sons Limited reported an average of 98 employees in the year to 31 Mar 2025.

Is Stephen Walters & Sons Limited profitable?

Yes — Stephen Walters & Sons Limited reported a profit of £111k in the year to 31 Mar 2025.

Company No. 00060209 · Incorporated 7 Jan 1899

Stephen Walters & Sons Limited

Registered name: STEPHEN WALTERS & SONS LIMITED

Part of Sudbury Silk Mills Limited group

Stephen Walters & Sons Limited made £8.5m revenue and £111k profit in the year to 31 Mar 2025.

Stephen Walters & Sons Limited’s revenue fell 6% to £8.5m in the year to 31 Mar 2025, with £111k profit and 98 employees. The company is classified under “weaving of textiles” and is based in Sudbury; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 13200Weaving of textiles

Status: Active
Location: Sudbury, East of England
Age: 127 yrs · since 1899
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Mar 2025

Key figures

Revenue

£8.5m

Growth ▼6%

Profit

£111k

Growth ▼80.8%

Profit margin

1.3%

Gross 27.6%

Employees

Change ▲2.1%

Profit / employee

£1.1k

Revenue/employee £86.5k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£6.2m	£8.6m	£9m	£8.5m
Cost of sales	£4.6m	£5.8m	£6.4m	£6.1m
Gross profit	£1.6m	£2.8m	£2.6m	£2.3m
Operating profit	£432k	£1.4m	£806k	£88.4k
Profit before tax	£425k	£1.4m	£826k	£99k
Profit after tax	£350k	£1.2m	£578k	£111k
Profit (best available)	£350k	£1.2m	£578k	£111k
Staff costs	£2.9m	£3.4m	£3.6m	£3.9m
Employees (average)	92	93	96	98
Ratios
Profit margin	5.7%	14.5%	6.4%	1.3%
Gross margin	25.2%	33%	28.7%	27.6%
Revenue per employee	£67k	£92.5k	£94k	£86.5k
Profit per employee	£3.8k	£13.4k	£6k	£1.1k
Growth (year on year)
Revenue growth	—	▲39.7%	▲4.9%	▼6%
Profit growth	—	▲256.6%	▼53.7%	▼80.8%
Headcount growth	—	▲1.1%	▲3.2%	▲2.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£854k	£1m	£352k	£332k
Net assets	£3.3m	£4.5m	£5.1m	£5.2m
Fixed assets	£1.5m	£1.3m	£1.9m	£2.3m
Current assets	£4.2m	£5m	£5.4m	£5m
Debtors	£573k	£906k	£797k	£567k
Deferred income	£247k	£554k	£458k	£201k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 1.3%; Profit ÷ revenue.
Gross margin: 27.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £86.5k; Revenue ÷ average employees.
Profit per employee: £1.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 26.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 6.7%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲2%; Now £5.2m
Cash at bank: ▼6%; Now £332k
Headcount: ▲2%; Now 98
Deferred income: ▼56%; Now £201k
Fixed assets: ▲20%; Now £2.3m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Sudbury Silk Mills Limitedultimate parent75–100%
Stephen Walters & Sons Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (4)

Dash & Miller LtdFigures not disclosed
The Bristol Weaving Mill LtdFigures not disclosed
The Humphries Weaving Company LimitedRev. — · Profit £230k
Walters Holdings LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £111k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.