How many employees does Wathnan Racing (UK) Limited have?

Wathnan Racing (UK) Limited reported an average of 8 employees in the year to 31 Dec 2024.

Company No. 15583341 · Incorporated 21 Mar 2024

Wathnan Racing (UK) Limited

Q: Is Wathnan Racing (UK) Limited profitable?

No — Wathnan Racing (UK) Limited reported a loss of £1.6m in the year to 31 Dec 2024.

Registered name: WATHNAN RACING (UK) LIMITED

Wathnan Racing (UK) Limited made a £1.6m loss in the year to 31 Dec 2024 (revenue not disclosed).

Wathnan Racing (UK) Limited reported a loss of £1.6m in the year to 31 Dec 2024; its revenue was not disclosed. It had 8 employees. The company is classified under “activities of racehorse owners” and is based in Newmarket.

Profit onlySection R · Arts, entertainment and recreationSIC 93191Activities of racehorse owners

Status: Active
Location: Newmarket, East of England
Age: 2 yrs · since 2024
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

IndependentSmall team

Revenue

—

Not disclosed in filing

Profit

−£1.6m

Growth —

Profit margin

—

Employees

Change —

Profit / employee

−£203k

Profitable streak

0yrs

Consecutive profitable years in our data

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.

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2024
Disclosure	Profit only
Profit & loss
Revenue (turnover)	—
Profit after tax	−£1.6m
Profit (best available)	−£1.6m
Staff costs	£406k
Employees (average)	8
Ratios
Profit margin	—
Profit per employee	−£203k
Balance sheet — indirect signals, not revenue
Cash at bank	£199k
Net assets	−£1.6m
Fixed assets	£130k
Current assets	£4.7m
Debtors	£935k
Source	FullAccounts · bulk data Sep 2025

Derived from the latest filing

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: −£203k; 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.

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: —; Now −£1.6m
Cash at bank: —; Now £199k
Headcount: —; Now 8
Deferred income: —; Now —
Fixed assets: —; Now £130k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£1.6m), from the Companies House accounts bulk data published Sep 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.