Watts Urethane Products Limited
Registered name: WATTS URETHANE PRODUCTS LIMITED
Part of Watts 2020 Limited groupWatts Urethane Products Limited made £5.8m revenue and £589k profit in the year to 31 Dec 2025.
Watts Urethane Products Limited’s revenue fell 11% to £5.8m in the year to 31 Dec 2025, with £589k profit. The company is classified under “manufacture of other plastic products” and is based in Gloucestershire; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Gloucestershire, South West
- Age
- 71 yrs · since 1955
- 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.
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) | £5m | £6.5m | £5.8m |
| Cost of sales | −£3.3m | −£3.6m | −£3.3m |
| Gross profit | £1.7m | £2.9m | £2.5m |
| Operating profit | £1.8k | £1.3m | £846k |
| Profit before tax | −£13.7k | £1.3m | £847k |
| Profit after tax | −£66.9k | £908k | £589k |
| Profit (best available) | −£66.9k | £908k | £589k |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | −1.3% | 13.9% | 10.2% |
| Gross margin | 34.1% | 44.6% | 42.6% |
| Growth (year on year) | |||
| Revenue growth | — | ▲29.9% | ▼10.9% |
| Profit growth | — | — | ▼35.1% |
| 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
- 10.2%
- Profit ÷ revenue.
- Gross margin
- 42.6%
- 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 Limited75–100%
- Watts Urethane Products Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (7)
- 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).
Similar profitable businesses
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- Profit
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- Icon Plastics LimitedStockton on Tees · Manufacture of other plastic products
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Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £589k), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.
Updated from Companies House on 12 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.