How much does Watling Tyre Service Limited(The) make?

Watling Tyre Service Limited(The) reported revenue of £19.8m and £504k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Watling Tyre Service Limited(The) have?

Watling Tyre Service Limited(The) reported an average of 117 employees in the year to 31 Dec 2025.

Is Watling Tyre Service Limited(The) profitable?

Yes — Watling Tyre Service Limited(The) reported a profit of £504k in the year to 31 Dec 2025.

Company No. 00842799 · Incorporated 26 Mar 1965

Watling Tyre Service Limited(The)

Registered name: WATLING TYRE SERVICE LIMITED(THE)

Part of Watling Holdings Limited group

Watling Tyre Service Limited(The) made £19.8m revenue and £504k profit in the year to 31 Dec 2025.

Watling Tyre Service Limited(The)’s revenue fell 7% to £19.8m in the year to 31 Dec 2025, with £504k profit and 117 employees. The company is classified under “maintenance and repair of motor vehicles” and is based in Gravesend; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45200Maintenance and repair of motor vehicles SIC 45320Retail trade of motor vehicle parts and accessories

Status: Active
Location: Gravesend, South East
Age: 61 yrs · since 1965
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 Dec 2025

Key figures

Capital-lightBoring industry

Revenue

£19.8m

Growth ▼7.2%

Profit

£504k

Growth ▼43.5%

Profit margin

2.5%

Gross 44.7%

Employees

117

Change ▼0.9%

Profit / employee

£4.3k

Revenue/employee £169k

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£21.4m	£20.7m	£21.3m	£19.8m
Cost of sales	£14m	£12.4m	£12.6m	£10.9m
Gross profit	£7.4m	£8.2m	£8.7m	£8.8m
Operating profit	£564k	£961k	£1m	£581k
Profit before tax	£580k	£1.1m	£1.2m	£715k
Profit after tax	£454k	£806k	£892k	£504k
Profit (best available)	£454k	£806k	£892k	£504k
Staff costs	£4.7m	£5.1m	£5.3m	£5.6m
Employees (average)	120	121	118	117
Ratios
Profit margin	2.1%	3.9%	4.2%	2.5%
Gross margin	34.6%	39.9%	41%	44.7%
Revenue per employee	£178k	£171k	£181k	£169k
Profit per employee	£3.8k	£6.7k	£7.6k	£4.3k
Growth (year on year)
Revenue growth	—	▼3.6%	▲3.2%	▼7.2%
Profit growth	—	▲77.5%	▲10.7%	▼43.5%
Headcount growth	—	▲0.8%	▼2.5%	▼0.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.1m	£2.7m	£3.4m	£3.6m
Net assets	£9.6m	£10.1m	£10.1m	£10.1m
Fixed assets	£585k	£1.2m	£1.1m	£804k
Current assets	£12.5m	£12.3m	£12.8m	£12.7m
Debtors	£2m	£1.9m	£2m	£1.7m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 2.5%; Profit ÷ revenue.
Gross margin: 44.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £169k; Revenue ÷ average employees.
Profit per employee: £4.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.7%; 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: ▲0%; Now £10.1m
Cash at bank: ▲9%; Now £3.6m
Headcount: ▼1%; Now 117
Deferred income: —; Now —
Fixed assets: ▼25%; Now £804k

Corporate ownership

Group structure

Ownership chain

Watling Holdings Limitedultimate parent75–100%
Watling Tyre Service Limited(The)this company

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

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £504k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 15 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.