Watt Industrial Services Ltd
Registered name: WATT INDUSTRIAL SERVICES LTD
Watt Industrial Services Ltd made £47.9k revenue and £2k profit in the year to 31 Aug 2025.
Watt Industrial Services Ltd’s revenue fell 30% to £47.9k in the year to 31 Aug 2025, with £2k profit and 1 employee. The company is classified under “other specialised construction activities” and is based in Elgin; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Elgin, Scotland
- Age
- 6 yrs · since 2020
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 | 31 Aug 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £68.8k | £47.9k |
| Profit before tax | — | — | £34.3k | £3k |
| Profit after tax | — | — | £29.4k | £2k |
| Profit (best available) | — | — | £29.4k | £2k |
| Staff costs | — | — | £19.9k | £16.9k |
| Employees (average) | 1 | 1 | 1 | 1 |
| Ratios | ||||
| Profit margin | — | — | 42.8% | 4.3% |
| Revenue per employee | — | — | £68.8k | £47.9k |
| Profit per employee | — | — | £29.4k | £2k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼30.3% |
| Profit growth | — | — | — | ▼93.1% |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £804 | £235 | £8.8k | £849 |
| Fixed assets | £14.4k | £14.4k | £37.4k | £28k |
| Current assets | £9.3k | £9.2k | £25.8k | £17.5k |
| Source | FilletedAccounts · bulk data Apr 2024 | FilletedAccounts · bulk data Apr 2024 | FilletedAccounts · bulk data Jun 2025 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- 4.3%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £47.9k
- Revenue ÷ average employees.
- Profit per employee
- £2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 58.5%
- 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
- ▼90%
- Now £849
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▼25%
- Now £28k
Similar profitable businesses
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- Profit
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- Staff
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- Aasboll LtdLondon · Other specialised construction activities n.e.c.
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- Shadeex LtdCambridge · Other specialised construction activities n.e.c.
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- Profit
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- LLCK Construction LimitedMiddlesbrough · Other specialised construction activities n.e.c.
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- Profit
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- Blacktop Design LimitedChatham · Other specialised construction activities n.e.c.
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- Evolve Construction LtdFarnham · Other specialised construction activities n.e.c.
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Sources
Latest figures from FullAccounts for the year to 31 Aug 2025 (profit £2k), from the Companies House accounts bulk data published May 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.