How much does Stephen Webster Limited make?

Stephen Webster Limited reported revenue of £3.7m and a loss of £2.2m in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Stephen Webster Limited have?

Stephen Webster Limited reported an average of 17 employees in the year to 31 Mar 2025.

Is Stephen Webster Limited profitable?

No — Stephen Webster Limited reported a loss of £2.2m in the year to 31 Mar 2025.

Company No. 03738018 · Incorporated 22 Mar 1999

Stephen Webster Limited

Registered name: STEPHEN WEBSTER LIMITED

Part of Yucaipa group

Stephen Webster Limited made £3.7m revenue and a £2.2m loss in the year to 31 Mar 2025. read from filing text

Stephen Webster Limited’s revenue fell 8% to £3.7m in the year to 31 Mar 2025, with a loss of £2.2m and 17 employees. The company is classified under “retail sale of watches and jewellery in specialised stores” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47770Retail sale of watches and jewellery in specialised stores

Status: Active
Location: London, London
Age: 27 yrs · since 1999
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: “At the balance sheet date, the company was a wholly owned subsidiary of Delltrade Limited. Delltrade Limited is the intermediate parent undertaking of the smallest and largest group of undertakings to”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-light

Revenue

£3.7m

Growth ▼7.8%

Profit

−£2.2m

Growth —

Profit margin

−61.1%

Gross 54.3%

Employees

Change ▼46.9%

Profit / employee

−£132k

Revenue/employee £216k

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 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 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)	£5.6m	£5.3m	£4m	£3.7m
Cost of sales	£2.6m	£2.6m	£2.2m	£1.7m
Gross profit	£2.9m	£2.8m	£1.8m	£2m
Operating profit	−£1.9m	−£4.7m	−£6.8m	−£2.2m
Profit before tax	−£1.9m	−£4.7m	−£6.8m	−£2.2m
Profit after tax	−£1.9m	−£4.7m	−£6.8m	−£2.2m
Profit (best available)	−£1.9m	−£4.7m	−£6.8m	−£2.2m
Employees (average)	28	29	32	17
Ratios
Profit margin	−34%	−87.4%	−171.2%	−61.1%
Gross margin	52.8%	52.1%	44.4%	54.3%
Revenue per employee	£199k	£184k	£125k	£216k
Profit per employee	−£67.6k	−£161k	−£213k	−£132k
Growth (year on year)
Revenue growth	—	▼4.3%	▼25.2%	▼7.8%
Headcount growth	—	▲3.6%	▲10.3%	▼46.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£300k	£360k	£648k	£783k
Net assets	−£9.3m	−£14m	−£20.8m	−£23m
Fixed assets	£172k	£301k	£230k	£305k
Current assets	£3.2m	£3.6m	£3.3m	£3.1m
Debtors	£453k	£891k	£116k	£63.4k
Deferred income	£576k	£529k	£600k	£845k
Source	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: −61.1%; Profit ÷ revenue.
Gross margin: 54.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £216k; Revenue ÷ average employees.
Profit per employee: −£132k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 8.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 23%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.7%; 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 −£23m
Cash at bank: ▲21%; Now £783k
Headcount: ▼47%; Now 17
Deferred income: ▲41%; Now £845k
Fixed assets: ▲33%; Now £305k

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

Yucaipa (registered outside the UK register)ultimate parent75–100%
Delltrade Limited75–100%
Stephen Webster Limitedthis company

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

Sister companies (1)

Garrard (UK) Group LimitedRev. £0 · Profit £0

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 31 Mar 2025 (profit −£2.2m), from the Companies House accounts bulk data published Jan 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.