How many employees does Waystone Limited have?

Waystone Limited reported an average of 12 employees in the year to 31 Dec 2025.

Company No. 02451184 · Incorporated 11 Dec 1989

Waystone Limited

Q: Is Waystone Limited profitable?

No — Waystone Limited reported a loss of £980k in the year to 31 Dec 2025.

Registered name: WAYSTONE LIMITED

Waystone Limited made a £980k loss in the year to 31 Dec 2025 (revenue not disclosed).

Waystone Limited reported a loss of £980k in the year to 31 Dec 2025; its revenue was not disclosed. It had 12 employees. The company is classified under “construction of commercial buildings” and is based in Watford; we hold 5 years of its filed accounts.

Profit onlySection F · ConstructionSIC 41201Construction of commercial buildings

Status: Active
Location: Watford, East of England
Age: 36 yrs · since 1989
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 immediate parent undertaking is Waystone (Holdings) Limited.”

Latest accounts · year to 31 Dec 2025

Key figures

Revenue

—

Not disclosed in filing

Profit

−£980k

Growth —

Profit margin

—

Employees

Change ▼14.3%

Profit / employee

−£81.7k

Profitable streak

0yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Mar 2023	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&Lread from filing text	Full P&Lread from filing text	Profit only
Profit & loss
Revenue (turnover)	£0	£11.6m	£59k	£3.5m	—
Cost of sales	£107k	£5.5m	£913k	£3.7m	−£188k
Gross profit	−£107k	£6.1m	−£854k	−£144k	—
Operating profit	−£961k	£5.9m	−£1.7m	−£886k	—
Profit before tax	−£5.1k	£5.8m	−£1.5m	−£1.4m	—
Profit after tax	£2.5k	£4.6m	−£1.5m	−£875k	−£980k
Profit (best available)	£2.5k	£4.6m	−£1.5m	−£875k	−£980k
Employees (average)	20	19	18	14	12
Ratios
Profit margin	—	39.6%	−2620%	−24.7%	—
Gross margin	—	52.6%	−1448%	−4.1%	—
Revenue per employee	£0	£613k	£3.3k	£253k	—
Profit per employee	£127	£242k	−£85.8k	−£62.5k	−£81.7k
Growth (year on year)
Headcount growth	—	—	—	—	▼14.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£0	£1.8m	£0	£40.1k	£30.2k
Net assets	£4.8m	£9.4m	—	£8m	£6.9m
Fixed assets	£10.2m	£10.1m	£12.3m	£9.5m	£10m
Current assets	£7.7m	£6.6m	£5.9m	£6.2m	£7.3m
Debtors	£169k	£46.6k	£186k	£0	£0
Deferred income	£31.6k	£954k	£265k	£50.6k	£53.7k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: −£81.7k; 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.

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: ▼13%; Now £6.9m
Cash at bank: ▼25%; Now £30.2k
Headcount: ▼14%; Now 12
Deferred income: ▲6%; Now £53.7k
Fixed assets: ▲6%; Now £10m

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

CP Holdings Limitedultimate parent50–75%
Waystone (Holdings) Limited75–100%
Waystone Limitedthis company

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

Subsidiaries (4)

Waystone 32 LimitedRev. £0 · Profit −£134k
Cibitas Holt Town LimitedFigures not disclosed
Cibitas Investments LimitedFigures not disclosed
Waystone Developments LimitedRev. — · Profit £213k

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 −£980k), 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.