How much does Walters U.K. Limited make?

Walters U.K. Limited reported revenue of £120m and £3.1m profit in the year to 28 Feb 2025, according to its accounts filed at Companies House.

How many employees does Walters U.K. Limited have?

Walters U.K. Limited reported an average of 193 employees in the year to 28 Feb 2025.

Is Walters U.K. Limited profitable?

Yes — Walters U.K. Limited reported a profit of £3.1m in the year to 28 Feb 2025.

Company No. 02707042 · Incorporated 14 Apr 1992

Walters U.K. Limited

Registered name: WALTERS U.K. LIMITED

Part of G. Walters (Holdings) Limited group

Walters U.K. Limited made £120m revenue and £3.1m profit in the year to 28 Feb 2025.

Walters U.K. Limited’s revenue grew 10% to £120m in the year to 28 Feb 2025, with £3.1m profit and 193 employees. The company is classified under “construction of commercial buildings” and is based in Hirwaun, Aberdare; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41201Construction of commercial buildings SIC 42110Construction of roads and motorways SIC 42130Construction of bridges and tunnels SIC 42990Construction of other civil engineering projects n.e.c.

Status: Active
Location: Hirwaun, Aberdare, Wales
Age: 34 yrs · since 1992
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: “G Walters (Holdings) Limited”

Latest accounts · year to 28 Feb 2025

Key figures

Capital-light

Revenue

£120m

Growth ▲10.2%

Profit

£3.1m

Growth ▼24%

Profit margin

2.6%

Gross 5.1%

Employees

193

Change ▲6.6%

Profit / employee

£16k

Revenue/employee £624k

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	28 Feb 2022	28 Feb 2023	29 Feb 2024	28 Feb 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£56.9m	£98.3m	£109m	£120m
Cost of sales	£52.8m	£94.3m	£102m	£114m
Gross profit	£4.1m	£4.1m	£7.6m	£6.2m
Operating profit	£1.6m	£1.5m	£4.6m	£2.8m
Profit before tax	£1.6m	£1.6m	£5.4m	£4.1m
Profit after tax	£1.4m	£1.3m	£4.1m	£3.1m
Profit (best available)	£1.4m	£1.3m	£4.1m	£3.1m
Employees (average)	150	166	181	193
Ratios
Profit margin	2.4%	1.3%	3.7%	2.6%
Gross margin	7.2%	4.2%	6.9%	5.1%
Revenue per employee	£379k	£592k	£604k	£624k
Profit per employee	£9.1k	£7.6k	£22.5k	£16k
Growth (year on year)
Revenue growth	—	▲72.9%	▲11.1%	▲10.2%
Profit growth	—	▼7.5%	▲221.9%	▼24%
Headcount growth	—	▲10.7%	▲9%	▲6.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£4.7m	£12m	£22.3m	£6.8m
Net assets	£4.2m	£4.5m	£7.9m	£8.9m
Fixed assets	£2.9k	£0	£0	£0
Current assets	£16.1m	£22.2m	£31.1m	£36.7m
Debtors	£4.7m	£3.8m	£2.4m	£3.9m
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: 2.6%; Profit ÷ revenue.
Gross margin: 5.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £624k; Revenue ÷ average employees.
Profit per employee: £16k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 3.3%; 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 £8.9m
Cash at bank: ▼70%; Now £6.8m
Headcount: ▲7%; Now 193
Deferred income: —; Now —
Fixed assets: —; Now £0

Corporate ownership

Group structure

Ownership chain

G. Walters (Holdings) Limitedultimate parent75–100%
Walters Plant Hire Limited75–100%
Walters U.K. Limitedthis company

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

Sister companies (2)

Gorrel Equipment Solutions LimitedRev. — · Profit £1.9m
Walters Major Projects 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 28 Feb 2025 (profit £3.1m), from the Companies House accounts bulk data published Nov 2025. 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.