Watts Farms Catering Limited
Registered name: WATTS FARMS CATERING LIMITED
Part of Watts Farms Fresh Produce Holdings Limited groupWatts Farms Catering Limited made £27.3m revenue and £196k profit in the year to 30 Sep 2025. read from filing text
Watts Farms Catering Limited’s revenue fell 2% to £27.3m in the year to 30 Sep 2025, with £196k profit and 139 employees. The company is classified under “other food services” and is based in Aylesford; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Aylesford, South East
- Age
- 14 yrs · since 2011
- 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. From the filing: “The company was controlled by Watts Farms Fresh Produce Holdings Limited which is the ultimate”
Key figures
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&L | Full P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £23.3m | £27.2m | £27.8m | £27.3m |
| Cost of sales | £20.8m | £24.6m | £24.6m | £24m |
| Gross profit | £2.5m | £2.5m | £3.3m | £3.2m |
| Operating profit | −£172k | −£280k | £398k | £250k |
| Profit before tax | −£221k | −£350k | £324k | £196k |
| Profit after tax | −£129k | −£350k | £324k | £196k |
| Profit (best available) | −£129k | −£350k | £324k | £196k |
| Staff costs | £4.2m | £4.7m | £4.9m | £5.2m |
| Employees (average) | 140 | 143 | 144 | 139 |
| Ratios | ||||
| Profit margin | −0.6% | −1.3% | 1.2% | 0.7% |
| Gross margin | 10.8% | 9.3% | 11.7% | 11.9% |
| Revenue per employee | £166k | £190k | £193k | £196k |
| Profit per employee | −£924 | −£2.4k | £2.2k | £1.4k |
| Cash conversion | — | — | −61.8% | −206.3% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲16.5% | ▲2.6% | ▼2% |
| Profit growth | — | — | — | ▼39.4% |
| Headcount growth | — | ▲2.1% | ▲0.7% | ▼3.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £91.7k | £29k | £6.7k | £50.6k |
| Net assets | −£62.7k | −£412k | −£88.7k | £107k |
| Fixed assets | £383k | £346k | £167k | £539k |
| Current assets | £8.3m | £10.4m | £4.6m | £5.8m |
| Debtors | £79.5k | £46.1k | £46.2k | £28.5k |
| Deferred income | — | — | £421k | £237k |
| Cash from operations | −£488k | £307k | −£246k | −£515k |
| Source | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2024 | FullAccounts · bulk data Jun 2026 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 0.7%
- Profit ÷ revenue.
- Gross margin
- 11.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £196k
- Revenue ÷ average employees.
- Profit per employee
- £1.4k
- Profit ÷ average employees.
- Cash conversion
- −206.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.1%
- 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 £107k
- Cash at bank
- ▲656%
- Now £50.6k
- Headcount
- ▼3%
- Now 139
- Deferred income
- ▼44%
- Now £237k
- Fixed assets
- ▲223%
- Now £539k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Watts Farms Fresh Produce Holdings Limitedultimate parent75–100%
- Watts Farms Catering Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Watts Farms (Sales) LimitedRev. £47.3m · Profit −£19.2k
- Watts Farms Packers LimitedRev. £18.9m · Profit −£387k
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- The Real Wrap Co. LtdMelton Mowbray · Other food services
- Revenue
- £27.5m
- Profit
- £226k
- Staff
- 399
- The Estate Dairy LimitedCW5 8JR · Other food services
- Revenue
- £26.4m
- Profit
- £165k
- Staff
- 61
- T(N)S Catering Management LimitedLeamington Spa · Other food services
- Revenue
- £28.2m
- Profit
- £1.4m
- Staff
- 508
- Tonkin Products LimitedLondon · Other food services
- Revenue
- £26m
- Profit
- £890k
- Staff
- 30
- Cheerful Links LtdStoke-on-Trent · Other food services
- Revenue
- £28.7m
- Profit
- £472k
- Staff
- 52
- Houston & Hawkes LtdUxbridge · Other food services
- Revenue
- £28.7m
- Profit
- £1.5m
- Staff
- 308
Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £196k), 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.