Watson Gym Holdings Limited
Registered name: WATSON GYM HOLDINGS LIMITED
Watson Gym Holdings Limited made £13.2m revenue and £524k profit in the year to 30 Jun 2025.
Watson Gym Holdings Limited’s revenue grew 31% to £13.2m in the year to 30 Jun 2025, with £524k profit and 0 employees. The company is classified under “activities of other holding companies” and is based in Frome; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Frome, South West
- Age
- 10 yrs · since 2016
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £7.7m | £8.8m | £10.1m | £13.2m |
| Cost of sales | £4.9m | £6.2m | £6.2m | £8.5m |
| Gross profit | £2.8m | £2.6m | £3.9m | £4.8m |
| Operating profit | £1.4m | £869k | £88.3k | £1.4m |
| Profit before tax | £1.4m | £742k | £1.6m | £1.2m |
| Profit after tax | £289k | £442k | £382k | £524k |
| Profit (best available) | £289k | £442k | £382k | £524k |
| Staff costs | £2m | £2.4m | £3m | £4.4m |
| Employees (average) | 62 | 71 | 85 | 0 |
| Ratios | ||||
| Profit margin | 3.8% | 5% | 3.8% | 4% |
| Gross margin | 36.3% | 29.6% | 38.5% | 36% |
| Revenue per employee | £124k | £123k | £119k | — |
| Profit per employee | £4.7k | £6.2k | £4.5k | — |
| Cash conversion | — | 193.8% | 2723% | −101.4% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲14.2% | ▲15.4% | ▲31.1% |
| Profit growth | — | ▲52.9% | ▼13.6% | ▲37.4% |
| Headcount growth | — | ▲14.5% | ▲19.7% | ▼100% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £538k | £259 | £78 | £62 |
| Net assets | £3.8m | £724k | £744k | £772k |
| Fixed assets | £7.9m | £4.9m | £4.9m | £4.9m |
| Current assets | £750k | £748k | £762k | £706k |
| Debtors | £750k | £100k | £141k | £0 |
| Deferred income | — | £2.1k | £440 | — |
| Cash from operations | — | £1.7m | £2.4m | −£1.5m |
| Source | Accounts · bulk data Mar 2024 | Accounts · bulk data Mar 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 4%
- Profit ÷ revenue.
- Gross margin
- 36%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- −101.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 37.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▲4%
- Now £772k
- Cash at bank
- ▼21%
- Now £62
- Headcount
- ▼100%
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼0%
- Now £4.9m
Group structure
Subsidiaries (1)
- Watson Gym Equipment LtdRev. £13.2m · Profit £1m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £524k), from the Companies House accounts bulk data published Mar 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.