Wates Fit Out Limited
Registered name: WATES FIT OUT LIMITED
Part of 1260 Family Holdings Limited groupWates Fit Out Limited made £375k revenue and a £7k loss in the year to 31 Dec 2025.
Wates Fit Out Limited’s revenue was £375k in the year to 31 Dec 2025, with a loss of £7k and 14 employees. The company is classified under “construction of commercial buildings” and is based in Leatherhead.
- Status
- Active
- Location
- Leatherhead
- Age
- 1 yr · since 2024
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2025 |
|---|---|
| Disclosure | Full P&L |
| Profit & loss | |
| Revenue (turnover) | £375k |
| Cost of sales | −£294k |
| Gross profit | £81k |
| Operating profit | £95.8k |
| Profit before tax | −£7k |
| Profit after tax | −£7k |
| Profit (best available) | −£7k |
| Employees (average) | 14 |
| Ratios | |
| Profit margin | −1.9% |
| Gross margin | 21.6% |
| Revenue per employee | £26.8k |
| Profit per employee | −£501 |
| Balance sheet — indirect signals, not revenue | |
| Net assets | — |
| Source | Accounts · bulk data Aug 2026 |
How the business works
- Profit margin
- −1.9%
- Profit ÷ revenue.
- Gross margin
- 21.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £26.8k
- Revenue ÷ average employees.
- Profit per employee
- −£501
- 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.
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 —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 14
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- 1260 Family Holdings Limitedultimate parent75–100%
- Wates Group Limited75–100%
- Wates Construction Limited75–100%
- Wates Fit Out Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (11)
- Butlers Crescent (Dudley) Estate Management Company LimitedFigures not disclosed
- Maple Fields (Llanrumney) Residents Management Company LimitedFigures not disclosed
- Relocation and Inventory Services LimitedFigures not disclosed
- Wates Group Properties LimitedFigures not disclosed
- Wates Interiors LimitedFigures not disclosed
- Wates Maintenance Services LimitedFigures not disclosed
- Wates Pfi Investments (Projects) LimitedFigures not disclosed
- Wates Pfi Investments (Qed) LimitedFigures not disclosed
- Wates Pfi Investments LimitedFigures not disclosed
- Wates Property Services (Holdings) LimitedFigures not disclosed
- Willowbrook North Residents Management Company LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit −£7k), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.
Updated from Companies House on 23 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.