How much does W M Walsh Surfacing Limited make?

W M Walsh Surfacing Limited reported revenue of £21.9m and £1.3m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does W M Walsh Surfacing Limited have?

W M Walsh Surfacing Limited reported an average of 93 employees in the year to 31 Dec 2025.

Is W M Walsh Surfacing Limited profitable?

Yes — W M Walsh Surfacing Limited reported a profit of £1.3m in the year to 31 Dec 2025.

Company No. 04273749 · Incorporated 20 Aug 2001

W M Walsh Surfacing Limited

Registered name: W M WALSH SURFACING LIMITED

W M Walsh Surfacing Limited made £21.9m revenue and £1.3m profit in the year to 31 Dec 2025. read from filing text

W M Walsh Surfacing Limited’s revenue grew 2% to £21.9m in the year to 31 Dec 2025, with £1.3m profit and 93 employees. The company is classified under “other specialised construction activities” and is based in Sutton; we hold 5 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43999Other specialised construction activities n.e.c.

Status: Active
Location: Sutton, London
Age: 25 yrs · since 2001
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-lightOperating leverageDoing more with lessBoring industryCash flow filed

Revenue

£21.9m

Growth ▲1.7%

Profit

£1.3m

Growth ▲10.7%

Profit margin

Gross 13.1%

Employees

Change ▼5.1%

Profit / employee

£14.1k

Revenue/employee £235k

Profitable streak

4yrs

Consecutive profitable years in our data

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

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	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	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£13.6m	£15.2m	£22.1m	£21.5m	£21.9m
Cost of sales	£12.7m	£15.2m	£20.2m	£19.1m	£19m
Gross profit	£950k	−£48.3k	£1.8m	£2.4m	£2.9m
Operating profit	£150k	−£936k	£927k	£1.6m	£1.8m
Profit before tax	£140k	−£994k	£888k	£1.6m	£1.8m
Profit after tax	−£110k	£752k	£659k	£1.2m	£1.3m
Profit (best available)	−£110k	£752k	£659k	£1.2m	£1.3m
Staff costs	£5.5m	£5.7m	£5.6m	£5.1m	£5.6m
Employees (average)	126	118	109	98	93
Ratios
Profit margin	−0.8%	5%	3%	5.5%	6%
Gross margin	7%	−0.3%	8.4%	11.1%	13.1%
Revenue per employee	£108k	£129k	£203k	£220k	£235k
Profit per employee	−£874	£6.4k	£6k	£12.1k	£14.1k
Cash conversion	−334.8%	—	−88.4%	−78.2%	−76.5%
Growth (year on year)
Revenue growth	—	▲11.6%	▲45.3%	▼2.5%	▲1.7%
Profit growth	—	—	▼12.5%	▲79.3%	▲10.7%
Headcount growth	—	▼6.3%	▼7.6%	▼10.1%	▼5.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£443k	£510k	£973k	£2.1m	£2.2m
Net assets	£1.1m	£158k	£646k	£1.6m	£2.5m
Fixed assets	£420k	£421k	£490k	£593k	£1.2m
Current assets	£2.9m	£2.6m	£3.1m	£4.4m	£4.6m
Debtors	£989k	£673k	£266k	£746k	£521k
Deferred income	£53.3k	£114k	£0	£2.3k	£0
Cash from operations	−£502k	−£438k	−£820k	−£1.2m	−£1.4m
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Aug 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: 6%; Profit ÷ revenue.
Gross margin: 13.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £235k; Revenue ÷ average employees.
Profit per employee: £14.1k; Profit ÷ average employees.
Cash conversion: −76.5%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2.4%; 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: ▲62%; Now £2.5m
Cash at bank: ▲4%; Now £2.2m
Headcount: ▼5%; Now 93
Deferred income: ▼100%; Now £0
Fixed assets: ▲101%; Now £1.2m

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.3m), from the Companies House accounts bulk data published Aug 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.