James Watt Dock LLP
Registered name: JAMES WATT DOCK LLP
James Watt Dock LLP made £290k revenue and a £298k loss in the year to 31 Mar 2025. read from filing text
James Watt Dock LLP’s revenue grew 3% to £290k in the year to 31 Mar 2025, with a loss of £298k and 0 employees. The company is based in Glasgow; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Glasgow, Scotland
- Age
- 18 yrs · since 2008
- Type
- Limited Liability Partnership
Partnership. Profit is shown before the partners' own pay, so margins aren't comparable with a limited company. 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 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £274k | £281k | £290k |
| Cost of sales | £103k | £85k | £148k |
| Gross profit | £170k | £196k | £142k |
| Operating profit | £1.1m | −£2m | £81.8k |
| Profit after tax | £830k | −£2.3m | −£298k |
| Profit (best available) | £830k | −£2.3m | −£298k |
| Employees (average) | 2 | 2 | 0 |
| Ratios | |||
| Profit margin | 303.4% | −837% | −102.9% |
| Gross margin | 62.2% | 69.7% | 48.9% |
| Revenue per employee | £137k | £140k | — |
| Profit per employee | £415k | −£1.2m | — |
| Growth (year on year) | |||
| Revenue growth | — | ▲2.6% | ▲3.3% |
| Profit growth | — | ▼383% | — |
| Headcount growth | — | 0% | ▼100% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- −102.9%
- Profit ÷ revenue.
- Gross margin
- 48.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- ▼100%
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Minority corporate shareholders
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£298k), from the Companies House accounts bulk data published Nov 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.