How much does Waverley Steam Navigation Co. Limited make?

Waverley Steam Navigation Co. Limited reported revenue of £4.6m and a loss of £52.4k in the year to 31 Oct 2025, according to its accounts filed at Companies House.

How many employees does Waverley Steam Navigation Co. Limited have?

Waverley Steam Navigation Co. Limited reported an average of 37 employees in the year to 31 Oct 2025.

Is Waverley Steam Navigation Co. Limited profitable?

No — Waverley Steam Navigation Co. Limited reported a loss of £52.4k in the year to 31 Oct 2025.

Company No. SC050789 · Incorporated 14 Jun 1972

Waverley Steam Navigation Co. Limited

Registered name: WAVERLEY STEAM NAVIGATION CO. LIMITED

Part of The Paddle Steamer Preservation Society group

Waverley Steam Navigation Co. Limited made £4.6m revenue and a £52.4k loss in the year to 31 Oct 2025.

Waverley Steam Navigation Co. Limited’s revenue fell 2% to £4.6m in the year to 31 Oct 2025, with a loss of £52.4k and 37 employees. The company is classified under “sea and coastal passenger water transport” and is based in Glasgow; we hold 3 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 50100Sea and coastal passenger water transport

Status: Active
Location: Glasgow, Scotland
Age: 54 yrs · since 1972
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Oct 2025

Key figures

Revenue

£4.6m

Growth ▼2%

Profit

−£52.4k

Growth ▼109.7%

Profit margin

−1.1%

Employees

Change 0%

Profit / employee

−£1.4k

Revenue/employee £124k

Profitable streak

0yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2023	31 Oct 2024	31 Oct 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£4.6m	£4.7m	£4.6m
Operating profit	£973k	£543k	−£52.4k
Profit before tax	£973k	£543k	−£52.4k
Profit after tax	£973k	£543k	−£52.4k
Profit (best available)	£973k	£543k	−£52.4k
Employees (average)	36	37	37
Ratios
Profit margin	21.2%	11.6%	−1.1%
Revenue per employee	£128k	£126k	£124k
Profit per employee	£27k	£14.7k	−£1.4k
Growth (year on year)
Revenue growth	—	▲1.8%	▼2%
Profit growth	—	▼44.2%	▼109.7%
Headcount growth	—	▲2.8%	0%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data Jul 2025	Accounts · bulk data Jul 2025	Accounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: −1.1%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £124k; Revenue ÷ average employees.
Profit per employee: −£1.4k; 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 —
Cash at bank: —; Now —
Headcount: 0%; Now 37
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

The Paddle Steamer Preservation Societyultimate parent50–75%
Waverley Steam Navigation Co. Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Waverley Excursions LimitedFigures not disclosed

Sister companies (1)

Paddle Steamer Kingswear Castle Trust LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Oct 2025 (profit −£52.4k), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.

Updated from Companies House on 25 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.