Waa (Holdings) Limited
Registered name: WAA (HOLDINGS) LIMITED
Part of Catalyst Ventures Ltd groupWaa (Holdings) Limited made £0 profit in the year to 30 Sep 2025 (revenue not disclosed).
Waa (Holdings) Limited reported £0 profit in the year to 30 Sep 2025, down 100% on the year before; its revenue was not disclosed. It had 0 employees. The company is classified under “activities of head offices” and is based in Llanelli; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Llanelli, Wales
- Age
- 18 yrs · since 2008
- 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.
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.
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Profit only | Profit only |
| Profit & loss | ||||
| Revenue (turnover) | £25.6m | £24.8m | — | — |
| Cost of sales | £20.9m | £18.3m | — | — |
| Gross profit | £4.8m | £6.5m | — | — |
| Operating profit | £843k | £2.3m | — | — |
| Profit before tax | £865k | £300k | £2.8m | £0 |
| Profit after tax | £708k | £1.8m | £2.8m | £0 |
| Profit (best available) | £708k | £1.8m | £2.8m | £0 |
| Employees (average) | 82 | 81 | 0 | 0 |
| Ratios | ||||
| Profit margin | 2.8% | 7.3% | — | — |
| Gross margin | 18.6% | 26.2% | — | — |
| Revenue per employee | £313k | £306k | — | — |
| Profit per employee | £8.6k | £22.5k | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▼3.3% | — | — |
| Profit growth | — | ▲157.1% | ▲56.3% | ▼100% |
| Headcount growth | — | ▼1.2% | ▼100% | — |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £501k | £501k | £3.3m | £3.3m |
| Fixed assets | £3.3m | £3.3m | £3.3m | £3.3m |
| Deferred income | £0 | £0 | — | — |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- 0%
- Now £3.3m
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £3.3m
Group structure
Ownership chain
- Catalyst Ventures Ltdultimate parent50–75%
- Embrace Steel Group Ltd75–100%
- Esg Bidco 2 Ltd75–100%
- Waa (Holdings) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Shufflebottom LimitedRev. £18m · Profit −£996k
- Celtic Cladding Services LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £0), from the Companies House accounts bulk data published Jun 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.