Watts of Lydney Group Limited
Registered name: WATTS OF LYDNEY GROUP LIMITED
Part of Watts 2020 Limited groupWatts of Lydney Group Limited made £39.6m revenue and a £5.4m loss in the year to 31 Dec 2025.
Watts of Lydney Group Limited’s revenue fell 28% to £39.6m in the year to 31 Dec 2025, with a loss of £5.4m. The company is classified under “activities of head offices” and is based in Lydney; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Lydney, South West
- Age
- 105 yrs · since 1920
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £56.1m | £55.3m | £39.6m |
| Cost of sales | −£47.1m | −£44.4m | −£32.2m |
| Gross profit | £9.1m | £10.9m | £7.3m |
| Operating profit | £3.7m | £4.9m | £3.4m |
| Profit before tax | £3.7m | £5.1m | −£4.6m |
| Profit after tax | £2.6m | £3.6m | −£5.4m |
| Profit (best available) | £2.6m | £3.6m | −£5.4m |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | 4.6% | 6.6% | −13.6% |
| Gross margin | 16.2% | 19.7% | 18.5% |
| Growth (year on year) | |||
| Revenue growth | — | ▼1.5% | ▼28.4% |
| Profit growth | — | ▲40.4% | ▼247.5% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jun 2025 | Accounts · bulk data Jun 2025 | Accounts · bulk data Aug 2026 |
How the business works
- Profit margin
- −13.6%
- Profit ÷ revenue.
- Gross margin
- 18.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Watts 2020 Limitedultimate parent75–100%
- Watts of Lydney Group Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (8)
- Watts Urethane Products LimitedRev. £5.8m · Profit £589k
- Plysolene LimitedRev. £4.3m · Profit £255k
- Althorpe Properties LimitedFigures not disclosed
- Ferneyley Investments LimitedFigures not disclosed
- J.s.watts & Son LimitedFigures not disclosed
- Watts of Lydney LimitedFigures not disclosed
- Watts Truck & Van (Swansea) LimitedFigures not disclosed
- Watts Tyre & Rubber Company LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit −£5.4m), from the Companies House accounts bulk data published Aug 2026. 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.