Blue Water Capital Limited
Registered name: BLUE WATER CAPITAL LIMITED
Blue Water Capital Limited made £1.3m revenue and £199k profit in the year to 31 Jul 2025. read from filing text
Blue Water Capital Limited’s revenue grew 11% to £1.3m in the year to 31 Jul 2025, with £199k profit and 5 employees. The company is classified under “activities of venture and development capital companies” and is based in Birmingham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Birmingham, West Midlands
- Age
- 9 yrs · since 2017
- 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 | 31 Jul 2022 | 31 Jul 2023 | 31 Jul 2024 | 31 Jul 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £1.4m | £896k | £1.2m | £1.3m |
| Cost of sales | £257k | £176k | £187k | £229k |
| Gross profit | £1.1m | £720k | £972k | £1.1m |
| Operating profit | £689k | £125k | £267k | £437k |
| Profit before tax | £670k | £13.8k | £19.5k | £316k |
| Profit after tax | £535k | −£7.8k | −£73.3k | £199k |
| Profit (best available) | £535k | −£7.8k | −£73.3k | £199k |
| Staff costs | £240k | £303k | £318k | £317k |
| Employees (average) | 4 | 6 | 6 | 5 |
| Ratios | ||||
| Profit margin | 39.6% | −0.9% | −6.3% | 15.5% |
| Gross margin | 81% | 80.3% | 83.9% | 82.2% |
| Revenue per employee | £338k | £149k | £193k | £257k |
| Profit per employee | £134k | −£1.3k | −£12.2k | £39.8k |
| Cash conversion | −344.6% | 1107% | 42% | −82.9% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼33.7% | ▲29.3% | ▲10.8% |
| Profit growth | — | ▼101.5% | — | — |
| Headcount growth | — | ▲50% | 0% | ▼16.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.3m | £707k | £459k | £654k |
| Net assets | £931k | £923k | £850k | £1m |
| Fixed assets | £721k | £1.3m | £1m | £983k |
| Current assets | £3.4m | £1.8m | £536k | £947k |
| Debtors | £148k | £58.3k | £63.2k | £3.5k |
| Deferred income | £160k | £151k | £59.3k | £12.8k |
| Cash from operations | −£2.4m | £1.4m | £112k | −£363k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 15.5%
- Profit ÷ revenue.
- Gross margin
- 82.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £257k
- Revenue ÷ average employees.
- Profit per employee
- £39.8k
- Profit ÷ average employees.
- Cash conversion
- −82.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 76.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.3%
- 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
- ▲23%
- Now £1m
- Cash at bank
- ▲43%
- Now £654k
- Headcount
- ▼17%
- Now 5
- Deferred income
- ▼78%
- Now £12.8k
- Fixed assets
- ▼4%
- Now £983k
Sources
Latest figures from FullAccounts for the year to 31 Jul 2025 (profit £199k), from the Companies House accounts bulk data published Oct 2025. 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.