How much does European Waterways Limited make?

European Waterways Limited reported revenue of £16.2m and £2.9m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does European Waterways Limited have?

European Waterways Limited reported an average of 17 employees in the year to 31 Dec 2025.

Is European Waterways Limited profitable?

Yes — European Waterways Limited reported a profit of £2.9m in the year to 31 Dec 2025.

Company No. 01296047 · Incorporated 27 Jan 1977

European Waterways Limited

Registered name: EUROPEAN WATERWAYS LIMITED

Part of European Waterways Group Limited group

European Waterways Limited made £16.2m revenue and £2.9m profit in the year to 31 Dec 2025. read from filing text

European Waterways Limited’s revenue grew 7% to £16.2m in the year to 31 Dec 2025, with £2.9m profit and 17 employees. The company is classified under “travel agency activities” and is based in Beaconsfield; we hold 4 years of its filed accounts.

Full profit & loss filedSection N · Administrative and support servicesSIC 79110Travel agency activities

Status: Active
Location: Beaconsfield, South East
Age: 49 yrs · since 1977
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. From the filing: “The company's ultimate parent undertaking is European Waterways Group Limited, a company incorporated in England and Wales. The registered office of European Waterways Group Limited is 55 Station Road”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightDoing more with less

Revenue

£16.2m

Growth ▲7.4%

Profit

£2.9m

Growth ▲3.1%

Profit margin

17.9%

Gross 3%

Employees

Change ▼29.2%

Profit / employee

£170k

Revenue/employee £950k

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 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Profit & lossread from filing text	Profit & lossread from filing text	Profit & lossread from filing text	Profit & lossread from filing text
Profit & loss
Revenue (turnover)	£12.6m	£14.1m	£15m	£16.2m
Cost of sales	£11.5m	£14.1m	£15.1m	£15.7m
Gross profit	£1m	£66.9k	−£80.4k	£487k
Operating profit	£2m	£678k	£262k	£896k
Profit before tax	£2.1m	£4.3m	£2.9m	£3.2m
Profit after tax	£1.8m	£4.1m	£2.8m	£2.9m
Profit (best available)	£1.8m	£4.1m	£2.8m	£2.9m
Staff costs	£667k	£779k	£862k	£919k
Employees (average)	25	25	24	17
Ratios
Profit margin	14.2%	28.9%	18.6%	17.9%
Gross margin	8.1%	0.5%	−0.5%	3%
Revenue per employee	£502k	£565k	£627k	£950k
Profit per employee	£71.1k	£164k	£117k	£170k
Growth (year on year)
Revenue growth	—	▲12.5%	▲6.5%	▲7.4%
Profit growth	—	▲129.9%	▼31.4%	▲3.1%
Headcount growth	—	0%	▼4%	▼29.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£9.2m	£8m	£7.9m	£6.4m
Net assets	£3.2m	£2.3m	£3.1m	£4m
Fixed assets	£599k	£586k	£686k	£865k
Current assets	£11.4m	£9.7m	£14m	£15.3m
Debtors	£0	£29.5k	£0	£6.4m
Deferred income	£3.8m	£3.9m	£4.1m	£4m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 17.9%; Profit ÷ revenue.
Gross margin: 3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £950k; Revenue ÷ average employees.
Profit per employee: £170k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 24.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 39.7%; 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: ▲29%; Now £4m
Cash at bank: ▼19%; Now £6.4m
Headcount: ▼29%; Now 17
Deferred income: ▼2%; Now £4m
Fixed assets: ▲26%; Now £865k

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

European Waterways Group Limitedultimate parent75–100%
European Waterways Limitedthis company

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

Subsidiaries (2)

Belle Epoque Charters LtdFigures not disclosed
Gobarging 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 Dec 2025 (profit £2.9m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.