How much does Waltet Materials Limited make?

Waltet Materials Limited reported revenue of £9.8m and a loss of £265k in the year to 7 Nov 2025, according to its accounts filed at Companies House.

How many employees does Waltet Materials Limited have?

Waltet Materials Limited reported an average of 76 employees in the year to 7 Nov 2025.

Is Waltet Materials Limited profitable?

No — Waltet Materials Limited reported a loss of £265k in the year to 7 Nov 2025.

Company No. 03230908 · Incorporated 29 Jul 1996

Waltet Materials Limited

Registered name: WALTET MATERIALS LIMITED

Part of Waltet Limited group

Waltet Materials Limited made £9.8m revenue and a £265k loss in the year to 7 Nov 2025.

Waltet Materials Limited’s revenue was £9.8m in the year to 7 Nov 2025, with a loss of £265k and 76 employees. The company is classified under “remediation activities and other waste management services” and is based in Southampton; we hold 4 years of its filed accounts.

Full P&L filedSection E · Water supply, sewerage and waste managementSIC 39000Remediation activities and other waste management services

Status: Active
Location: Southampton, South East
Age: 30 yrs · since 1996
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.

Latest accounts · year to 7 Nov 2025

Key figures

Boring industry

Revenue

£9.8m

Growth —

Profit

−£265k

Growth —

Profit margin

−2.7%

Gross 25.6%

Employees

Change —

Profit / employee

−£3.5k

Revenue/employee £129k

Profitable streak

0yrs

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 Jul 2022	31 Jul 2023	31 Oct 2024	7 Nov 2025
Disclosure	No P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£7.6m	£11m	£9.8m
Cost of sales	—	£5.4m	£8m	£7.3m
Gross profit	—	£2.2m	£3.1m	£2.5m
Operating profit	—	£181k	£348k	£162k
Profit before tax	—	£39.6k	£10k	−£317k
Profit after tax	—	£27.2k	−£3.8k	−£265k
Profit (best available)	—	£27.2k	−£3.8k	−£265k
Staff costs	—	£2.6m	£3.5m	£3.1m
Employees (average)	76	72	69	76
Ratios
Profit margin	—	0.4%	0%	−2.7%
Gross margin	—	29.1%	27.7%	25.6%
Revenue per employee	—	£105k	£160k	£129k
Profit per employee	—	£378	−£55	−£3.5k
Growth (year on year)
Headcount growth	—	▼5.3%	—	—
Balance sheet — indirect signals, not revenue
Cash at bank	£216k	£380k	£251k	£316k
Net assets	£992k	£880k	£876k	£610k
Fixed assets	£3.4m	£3.6m	£4.2m	£3.8m
Current assets	£1.8m	£2.9m	£3.5m	£4.2m
Debtors	£1m	£1.5m	£2m	£1.7m
Deferred income	—	£79.3k	£129k	£57k
Source	Accounts · bulk data Apr 2024	Accounts · bulk data Apr 2024	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: −2.7%; Profit ÷ revenue.
Gross margin: 25.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £129k; Revenue ÷ average employees.
Profit per employee: −£3.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 39%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.5%; 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: —; Now £610k
Cash at bank: —; Now £316k
Headcount: —; Now 76
Deferred income: —; Now £57k
Fixed assets: —; Now £3.8m

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

Waltet Limitedultimate parent75–100%
Waltet Materials Limitedthis company

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

Sister companies (1)

Waltet Recycling LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 7 Nov 2025 (profit −£265k), from the Companies House accounts bulk data published Jul 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.