Blackwater Holdings Ltd
Registered name: BLACKWATER HOLDINGS LTD
Blackwater Holdings Ltd made £22.1m revenue and £1.3m profit in the year to 30 Sep 2025.
Blackwater Holdings Ltd’s revenue grew 4% to £22.1m in the year to 30 Sep 2025, with £1.3m profit and 203 employees. The company is classified under “activities of production holding companies” and is based in Aldershot; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Aldershot, South East
- Age
- 26 yrs · since 2000
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £19.9m | £21.2m | £22.1m |
| Cost of sales | −£13.9m | −£15m | −£15.1m |
| Gross profit | £6m | £6.1m | £6.9m |
| Operating profit | £910k | £967k | £1.8m |
| Profit before tax | £984k | £830k | £1.8m |
| Profit after tax | £691k | £690k | £1.3m |
| Profit (best available) | £691k | £690k | £1.3m |
| Employees (average) | 199 | 207 | 203 |
| Ratios | |||
| Profit margin | 3.5% | 3.3% | 6% |
| Gross margin | 30.1% | 29% | 31.4% |
| Revenue per employee | £99.9k | £102k | £109k |
| Profit per employee | £3.5k | £3.3k | £6.6k |
| Growth (year on year) | |||
| Revenue growth | — | ▲6.4% | ▲4.3% |
| Profit growth | — | ▼0.1% | ▲93.1% |
| Headcount growth | — | ▲4% | ▼1.9% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jul 2025 | Accounts · bulk data Jul 2025 | Accounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 6%
- Profit ÷ revenue.
- Gross margin
- 31.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £109k
- Revenue ÷ average employees.
- Profit per employee
- £6.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼2%
- Now 203
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (4)
- CPV LtdRev. £8.6m · Profit £741k
- Corewire LimitedFigures not disclosed
- Dymet Alloys LimitedFigures not disclosed
- Primecast Cement Products LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Sep 2025 (profit £1.3m), 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.