How much does Watts Group Limited make?

Watts Group Limited reported revenue of £11.2m and £307k profit in the year to 31 Oct 2025, according to its accounts filed at Companies House.

How many employees does Watts Group Limited have?

Watts Group Limited reported an average of 83 employees in the year to 31 Oct 2025.

Is Watts Group Limited profitable?

Yes — Watts Group Limited reported a profit of £307k in the year to 31 Oct 2025.

Company No. 05728557 · Incorporated 2 Mar 2006

Watts Group Limited

Registered name: WATTS GROUP LIMITED

Part of Watts Group Holdings Limited group

Watts Group Limited made £11.2m revenue and £307k profit in the year to 31 Oct 2025.

Watts Group Limited’s revenue grew 8% to £11.2m in the year to 31 Oct 2025, with £307k profit and 83 employees. The company is classified under “other engineering activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 71129Other engineering activities SIC 74902Quantity surveying activities

Status: Active
Location: London, London
Age: 20 yrs · since 2006
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.

Latest accounts · year to 31 Oct 2025

Key figures

Capital-lightOperating leverageCash flow filed

Revenue

£11.2m

Growth ▲8.2%

Profit

£307k

Growth ▲9.2%

Profit margin

2.8%

Gross 86%

Employees

Change ▲5.1%

Profit / employee

£3.7k

Revenue/employee £134k

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 to	31 Oct 2023	31 Oct 2024	31 Oct 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£10.9m	£10.3m	£11.2m
Cost of sales	£2.6m	£1.5m	£1.6m
Gross profit	£8.3m	£8.8m	£9.6m
Operating profit	£343k	£390k	£423k
Profit before tax	£329k	£381k	£426k
Profit after tax	£269k	£281k	£307k
Profit (best available)	£269k	£281k	£307k
Staff costs	£5.4m	£5.8m	£6.4m
Employees (average)	—	79	83
Ratios
Profit margin	2.5%	2.7%	2.8%
Gross margin	76.3%	85.3%	86%
Revenue per employee	—	£131k	£134k
Profit per employee	—	£3.6k	£3.7k
Cash conversion	174.8%	128.4%	142.2%
Growth (year on year)
Revenue growth	—	▼5.5%	▲8.2%
Profit growth	—	▲4.6%	▲9.2%
Headcount growth	—	—	▲5.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£1m	£1.4m	£1.7m
Net assets	£2.5m	£2.7m	£3m
Fixed assets	£260k	£253k	£231k
Current assets	£4.1m	£4.4m	£4.7m
Debtors	£2.1m	£2.3m	£2.1m
Deferred income	£373k	£479k	£492k
Cash from operations	£601k	£500k	£601k
Source	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: 2.8%; Profit ÷ revenue.
Gross margin: 86%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £134k; Revenue ÷ average employees.
Profit per employee: £3.7k; Profit ÷ average employees.
Cash conversion: 142.2%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 19.2%; 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: ▲8%; Now £3m
Cash at bank: ▲27%; Now £1.7m
Headcount: ▲5%; Now 83
Deferred income: ▲3%; Now £492k
Fixed assets: ▼9%; Now £231k

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

Watts Group Holdings Limitedultimate parent75–100%
Watts Group Limitedthis company

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

Sister companies (1)

Watts European Holdings LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £307k), 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.