Watts Industries UK Limited
Registered name: WATTS INDUSTRIES UK LIMITED
Part of Watts Industries Europe Bv groupWatts Industries UK Limited made £6.3m revenue and a £93.2k loss in the year to 31 Dec 2025.
Watts Industries UK Limited’s revenue fell 13% to £6.3m in the year to 31 Dec 2025, with a loss of £93.2k and 29 employees. The company is classified under “manufacture of taps and valves” and is based in ST. Neots; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- ST. Neots, East of England
- Age
- 35 yrs · since 1991
- 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 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £8.2m | £7.8m | £7.2m | £6.3m |
| Cost of sales | £5m | £4.8m | £4.8m | £3.5m |
| Gross profit | £3.2m | £3m | £2.5m | £2.8m |
| Operating profit | £642k | £634k | −£16.3k | −£108k |
| Profit before tax | £635k | £631k | £9.4k | −£119k |
| Profit after tax | £569k | £477k | −£27.4k | −£93.2k |
| Profit (best available) | £569k | £477k | −£27.4k | −£93.2k |
| Employees (average) | 0 | 0 | 30 | 29 |
| Ratios | ||||
| Profit margin | 7% | 6.1% | −0.4% | −1.5% |
| Gross margin | 39.3% | 38.8% | 34.2% | 44.1% |
| Revenue per employee | — | — | £241k | £218k |
| Profit per employee | — | — | −£914 | −£3.2k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼4.5% | ▼7.1% | ▼12.6% |
| Profit growth | — | ▼16.2% | ▼105.8% | — |
| Headcount growth | — | — | — | ▼3.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.3m | £247k | £738k | £203k |
| Net assets | £2.6m | £2.6m | £1.5m | £1.4m |
| Fixed assets | £4m | £4m | £3.9m | £106k |
| Current assets | £4.4m | £4.1m | £3.6m | £2.6m |
| Debtors | £1.3m | £1.5m | £1.4m | £877k |
| Source | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −1.5%
- Profit ÷ revenue.
- Gross margin
- 44.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £218k
- Revenue ÷ average employees.
- Profit per employee
- −£3.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13.9%
- 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
- ▼6%
- Now £1.4m
- Cash at bank
- ▼73%
- Now £203k
- Headcount
- ▼3%
- Now 29
- Deferred income
- —
- Now —
- Fixed assets
- ▼97%
- Now £106k
Group structure
Ownership chain
- Watts Industries Europe Bv (registered outside the UK register)ultimate parent75–100%
- Watts Industries UK Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Black Teknigas & Electro Controls Ltd.Rev. £0 · Profit £15.5k
- Electro Controls LimitedRev. £0 · Profit −£8.6k
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Alco Hi-Tek LimitedBrighouse · Manufacture of taps and valves
- Revenue
- £4.8m
- Profit
- £844k
- Staff
- 22
- Brooksbank Valves LimitedKeighley · Manufacture of taps and valves
- Revenue
- £8.5m
- Profit
- £506k
- Staff
- 59
- Oliver Twinsafe Valves LimitedKnutsford · Manufacture of taps and valves
- Revenue
- £9.5m
- Profit
- £1m
- Staff
- 32
- Billi UK LimitedWolverhampton · Manufacture of taps and valves
- Revenue
- £9.6m
- Profit
- £1.3m
- Staff
- 56
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£93.2k), from the Companies House accounts bulk data published Sep 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.