How much does H Watkinson Ltd make?

H Watkinson Ltd reported revenue of £344k and £137k profit in the year to 31 Mar 2026, according to its accounts filed at Companies House.

How many employees does H Watkinson Ltd have?

H Watkinson Ltd reported an average of 2 employees in the year to 31 Mar 2026.

Is H Watkinson Ltd profitable?

Yes — H Watkinson Ltd reported a profit of £137k in the year to 31 Mar 2026.

Company No. 08942972 · Incorporated 17 Mar 2014

H Watkinson Ltd

Registered name: H WATKINSON LTD

H Watkinson Ltd made £344k revenue and £137k profit in the year to 31 Mar 2026.

H Watkinson Ltd’s revenue grew 2% to £344k in the year to 31 Mar 2026, with £137k profit and 2 employees. The company is classified under “other human health activities” and is based in Exeter; we hold 4 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 86900Other human health activities

Status: Active
Location: Exeter, South West
Age: 12 yrs · since 2014
Type: Private Limited Company

Latest accounts · year to 31 Mar 2026

Key figures

IndependentSmall teamCapital-light

Revenue

£344k

Growth ▲2.5%

Profit

£137k

Growth ▼7.9%

Profit margin

39.9%

Employees

Change 0%

Profit / employee

£68.6k

Revenue/employee £172k

Profitable streak

2yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024	31 Mar 2025	31 Mar 2026
Disclosure	No P&L	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£336k	£344k
Profit before tax	—	—	£198k	£181k
Profit after tax	—	—	£149k	£137k
Profit (best available)	—	—	£149k	£137k
Staff costs	—	—	£32.5k	£38.6k
Employees (average)	1	1	2	2
Ratios
Profit margin	—	—	44.4%	39.9%
Revenue per employee	—	—	£168k	£172k
Profit per employee	—	—	£74.5k	£68.6k
Growth (year on year)
Revenue growth	—	—	—	▲2.5%
Profit growth	—	—	—	▼7.9%
Headcount growth	—	0%	▲100%	0%
Balance sheet — indirect signals, not revenue
Net assets	£327k	£383k	£462k	£514k
Fixed assets	£448	£336	£252	£2.4k
Current assets	£365k	£428k	£520k	£567k
Source	FilletedAccounts · bulk data Sep 2024	FilletedAccounts · bulk data Sep 2024	FilletedAccounts · bulk data Jul 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 39.9%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £172k; Revenue ÷ average employees.
Profit per employee: £68.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.7%; 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.

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: ▲11%; Now £514k
Cash at bank: —; Now —
Headcount: 0%; Now 2
Deferred income: —; Now —
Fixed assets: ▲834%; Now £2.4k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £137k), from the Companies House accounts bulk data published Sep 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.