D.a. Watts & Sons Limited
Registered name: D.A. WATTS & SONS LIMITED
D.a. Watts & Sons Limited made £4.2m revenue and a £672k loss in the year to 30 Apr 2025.
D.a. Watts & Sons Limited’s revenue fell 39% to £4.2m in the year to 30 Apr 2025, with a loss of £672k and 58 employees. The company is classified under “joinery installation” and is based in Thrapston; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Thrapston, East Midlands
- Age
- 27 yrs · since 1999
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £6.8m | £4.2m |
| Cost of sales | — | — | £5.1m | £4.1m |
| Gross profit | — | — | £1.8m | £45k |
| Operating profit | — | — | £854k | −£705k |
| Profit before tax | — | — | £865k | −£693k |
| Profit after tax | — | — | £643k | −£672k |
| Profit (best available) | — | — | £643k | −£672k |
| Employees (average) | 60 | 60 | 73 | 58 |
| Ratios | ||||
| Profit margin | — | — | 9.4% | −16.1% |
| Gross margin | — | — | 26% | 1.1% |
| Revenue per employee | — | — | £93.5k | £72k |
| Profit per employee | — | — | £8.8k | −£11.6k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼38.8% |
| Profit growth | — | — | — | ▼204.6% |
| Headcount growth | — | 0% | ▲21.7% | ▼20.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.2m | £507k | £1m | £921k |
| Net assets | £4.5m | £4.6m | £5.1m | £4.3m |
| Fixed assets | £2.2m | £2.6m | £2.6m | £2.5m |
| Current assets | £4m | £2.9m | £4.3m | £3.3m |
| Debtors | £1.5m | £1.4m | £2.1m | £1.4m |
| Source | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2024 | FilletedAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −16.1%
- Profit ÷ revenue.
- Gross margin
- 1.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £72k
- Revenue ÷ average employees.
- Profit per employee
- −£11.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 60.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 33%
- 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
- ▼16%
- Now £4.3m
- Cash at bank
- ▼10%
- Now £921k
- Headcount
- ▼21%
- Now 58
- Deferred income
- —
- Now —
- Fixed assets
- ▼4%
- Now £2.5m
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- Profit
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- Staff
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit −£672k), from the Companies House accounts bulk data published Dec 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.