How much does Watson & Hillhouse Limited make?

Watson & Hillhouse Limited reported revenue of £11m and £1.1m profit in the year to 30 Nov 2025, according to its accounts filed at Companies House.

How many employees does Watson & Hillhouse Limited have?

Watson & Hillhouse Limited reported an average of 30 employees in the year to 30 Nov 2025.

Is Watson & Hillhouse Limited profitable?

Yes — Watson & Hillhouse Limited reported a profit of £1.1m in the year to 30 Nov 2025.

Company No. 01075189 · Incorporated 4 Oct 1972

Watson & Hillhouse Limited

Registered name: WATSON & HILLHOUSE LIMITED

Watson & Hillhouse Limited made £11m revenue and £1.1m profit in the year to 30 Nov 2025.

Watson & Hillhouse Limited’s revenue fell 16% to £11m in the year to 30 Nov 2025, with £1.1m profit and 30 employees. The company is classified under “other specialised construction activities” and is based in Suffolk; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43999Other specialised construction activities n.e.c.

Status: Active
Location: Suffolk, East of England
Age: 54 yrs · since 1972
Type: Private Limited Company

Latest accounts · year to 30 Nov 2025

Key figures

IndependentBoring industryCash flow filed

Revenue

£11m

Growth ▼16%

Profit

£1.1m

Growth ▼30.6%

Profit margin

9.7%

Gross 39.8%

Employees

Change ▼3.2%

Profit / employee

£35.5k

Revenue/employee £366k

Profitable streak

3yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Nov 2023	30 Nov 2024	30 Nov 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£13.7m	£13.1m	£11m
Cost of sales	£8.4m	£8m	£6.6m
Gross profit	£5.3m	£5.1m	£4.4m
Operating profit	£2.3m	£2.1m	£1.5m
Profit before tax	£2.3m	£2m	£1.5m
Profit after tax	£1.7m	£1.5m	£1.1m
Profit (best available)	£1.7m	£1.5m	£1.1m
Staff costs	£3.1m	£3m	£2.8m
Employees (average)	31	31	30
Ratios
Profit margin	12.4%	11.7%	9.7%
Gross margin	38.4%	38.9%	39.8%
Revenue per employee	£442k	£421k	£366k
Profit per employee	£55k	£49.5k	£35.5k
Cash conversion	126.6%	84.9%	62.3%
Growth (year on year)
Revenue growth	—	▼4.8%	▼16%
Profit growth	—	▼10.1%	▼30.6%
Headcount growth	—	0%	▼3.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.1m	£2.7m	£2.2m
Net assets	£6.2m	£6.7m	£7m
Fixed assets	£6.5m	£6.2m	£6.7m
Current assets	£6.6m	£5.6m	£5.3m
Debtors	£2.1m	£1.8m	£2.1m
Deferred income	£1.5m	£1m	£795k
Cash from operations	£2.9m	£1.8m	£941k
Source	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 9.7%; Profit ÷ revenue.
Gross margin: 39.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £366k; Revenue ÷ average employees.
Profit per employee: £35.5k; Profit ÷ average employees.
Cash conversion: 62.3%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 61%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 7.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 19.1%; 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: ▲5%; Now £7m
Cash at bank: ▼17%; Now £2.2m
Headcount: ▼3%; Now 30
Deferred income: ▼24%; Now £795k
Fixed assets: ▲8%; Now £6.7m

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Nov 2025 (profit £1.1m), from the Companies House accounts bulk data published Mar 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.