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Company No. 04165837 · Incorporated 22 Feb 2001

Coate Water Care Company Limited

Registered name: COATE WATER CARE COMPANY LIMITED

Coate Water Care Company Limited made £18.9m revenue and £1.4m profit in the year to 31 Mar 2024.

Coate Water Care Company Limited’s revenue grew 3% to £18.9m in the year to 31 Mar 2024, with £1.4m profit and 142 employees. The company is classified under “other residential care activities” and is based in Swindon; we hold 3 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 87900Other residential care activities n.e.c.
Status
Active
Location
Swindon, South West
Age
25 yrs · since 2001
Type
Private Limited Company
Latest accounts · year to 31 Mar 2024

Key figures

IndependentDoing more with lessCash flow filed
Revenue
£18.9m
Growth ▲2.6%
Profit
£1.4m
Growth ▼45.1%
Profit margin
7.6%
Gross 39.8%
Employees
142
Change ▼0.7%
Profit / employee
£10.1k
Revenue/employee £133k
Profitable streak
3yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£17m£18.4m£18.9m
Cost of sales£9.2m£10.3m£11.4m
Gross profit£7.8m£8.1m£7.5m
Operating profit£4.7m£4m£2.8m
Profit before tax£4.3m£3.3m£2m
Profit after tax£3.2m£2.6m£1.4m
Profit (best available)£3.2m£2.6m£1.4m
Staff costs£3.2m£3.4m£4.1m
Employees (average)148143142
Ratios
Profit margin18.7%14.2%7.6%
Gross margin45.8%43.8%39.8%
Revenue per employee£115k£129k£133k
Profit per employee£21.4k£18.3k£10.1k
Cash conversion120.9%136.8%127.7%
Growth (year on year)
Revenue growth—▲8.5%▲2.6%
Profit growth—▼17.3%▼45.1%
Headcount growth—▼3.4%▼0.7%
Balance sheet — indirect signals, not revenue
Cash at bank£4.3m£4.9m—
Net assets£2.2m£908k£268
Fixed assets£7m£7.2m£7.2m
Current assets£4m£5.3m£6.1m
Debtors£162k£25.9k£115k
Cash from operations£5.7m£5.4m£3.5m
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023Accounts · bulk data Dec 2024
Derived from the latest filing

How the business works

Profit margin
7.6%
Profit ÷ revenue.
Gross margin
39.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£133k
Revenue ÷ average employees.
Profit per employee
£10.1k
Profit ÷ average employees.
Cash conversion
127.7%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
38.1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0.6%
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
▼100%
Now £268
Cash at bank
—
Now —
Headcount
▼1%
Now 142
Deferred income
—
Now —
Fixed assets
▼0%
Now £7.2m
Corporate ownership

Group structure

Subsidiaries (2)

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2024 (profit £1.4m), from the Companies House accounts bulk data published Dec 2024. 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.