Waa Chosen Limited
Registered name: WAA CHOSEN LIMITED
Part of Waa Chosen Trustee Company Limited groupWaa Chosen Limited made £5.4m revenue and £213k profit in the year to 31 Dec 2025. read from filing text
Waa Chosen Limited’s revenue fell 11% to £5.4m in the year to 31 Dec 2025, with £213k profit and 52 employees. The company is classified under “business and domestic software development” and is based in West Midlands; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- West Midlands, West Midlands
- Age
- 28 yrs · since 1997
- 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 is a wholly owned subsidiary of WAA Group Limited, a company registered in England and Wales, and registered at Wrens Court, 58 Victoria Road, Sutton Coldfield, B72 1SY. WAA Group Limited ”
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&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £9.3m | £6.8m | £6.1m | £5.4m |
| Cost of sales | £4.2m | £2.6m | £1.8m | £1.7m |
| Gross profit | £5.1m | £4.2m | £4.3m | £3.7m |
| Profit before tax | £1.4m | £364k | £446k | −£29.8k |
| Profit after tax | £1.2m | £287k | £506k | £213k |
| Profit (best available) | £1.2m | £287k | £506k | £213k |
| Staff costs | £2.7m | £2.7m | £2.7m | £2.5m |
| Employees (average) | 59 | 58 | 57 | 52 |
| Ratios | ||||
| Profit margin | 12.8% | 4.2% | 8.3% | 4% |
| Gross margin | 55.1% | 61.8% | 70% | 68.8% |
| Revenue per employee | £157k | £117k | £107k | £104k |
| Profit per employee | £20.1k | £5k | £8.9k | £4.1k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼26.8% | ▼10.6% | ▼11.3% |
| Profit growth | — | ▼75.8% | ▲75.9% | ▼57.8% |
| Headcount growth | — | ▼1.7% | ▼1.7% | ▼8.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.6m | £1.2m | £2m | £891k |
| Net assets | £2.6m | £2.9m | £3.3m | £1.7m |
| Fixed assets | £482k | £284k | £135k | −£541k |
| Current assets | £4.8m | £4.6m | £4.6m | £2.8m |
| Debtors | £1.5m | £1.1m | £1.1m | £700k |
| Deferred income | £977k | £564k | £706k | £700k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 4%
- Profit ÷ revenue.
- Gross margin
- 68.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £104k
- Revenue ÷ average employees.
- Profit per employee
- £4.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- −10%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 13%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13%
- 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
- ▼48%
- Now £1.7m
- Cash at bank
- ▼56%
- Now £891k
- Headcount
- ▼9%
- Now 52
- Deferred income
- ▼1%
- Now £700k
- Fixed assets
- ▼502%
- Now −£541k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Waa Chosen Trustee Company Limitedultimate parent75–100%
- Waa Group Limited75–100%
- Waa Chosen Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £213k), 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.