How much does Bradford Watts Limited make?

Bradford Watts Limited reported revenue of £23.6m and £178k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Bradford Watts Limited have?

Bradford Watts Limited reported an average of 42 employees in the year to 31 Mar 2025.

Is Bradford Watts Limited profitable?

Yes — Bradford Watts Limited reported a profit of £178k in the year to 31 Mar 2025.

Company No. 01791958 · Incorporated 15 Feb 1984

Bradford Watts Limited

Registered name: BRADFORD WATTS LIMITED

Bradford Watts Limited made £23.6m revenue and £178k profit in the year to 31 Mar 2025.

Bradford Watts Limited’s revenue grew 3% to £23.6m in the year to 31 Mar 2025, with £178k profit and 42 employees. The company is classified under “other specialised construction activities” and is based in Essex; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43999Other specialised construction activities n.e.c.

Status: Active
Location: Essex, East of England
Age: 42 yrs · since 1984
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

IndependentCapital-lightOperating leverageBoring industryCash flow filed

Revenue

£23.6m

Growth ▲2.6%

Profit

£178k

Growth ▲51.1%

Profit margin

0.8%

Gross 8.3%

Employees

Change ▲10.5%

Profit / employee

£4.2k

Revenue/employee £562k

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 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Profit only	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£17.4m	£23m	£23.6m
Cost of sales	—	£16m	£21.4m	£21.6m
Gross profit	—	£1.4m	£1.6m	£1.9m
Operating profit	—	—	£146k	£238k
Profit before tax	—	£92.3k	£159k	£237k
Profit after tax	£405k	£55.8k	£117k	£178k
Profit (best available)	£405k	£55.8k	£117k	£178k
Staff costs	—	£1.9m	£2.1m	£2.2m
Employees (average)	38	38	38	42
Ratios
Profit margin	—	0.3%	0.5%	0.8%
Gross margin	—	8%	6.9%	8.3%
Revenue per employee	—	£458k	£605k	£562k
Profit per employee	£10.7k	£1.5k	£3.1k	£4.2k
Cash conversion	—	—	−239.4%	−644.3%
Growth (year on year)
Revenue growth	—	—	▲32.2%	▲2.6%
Profit growth	—	▼86.2%	▲110.5%	▲51.1%
Headcount growth	—	0%	0%	▲10.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£952k	£1.2m	£770k	£2.1m
Net assets	£1.3m	£829k	£1m	£1.2m
Fixed assets	£704k	£470k	£924k	£927k
Current assets	£4.3m	£5.6m	£7.8m	£7.7m
Debtors	£1.5m	£2.8m	£4.3m	£3.4m
Cash from operations	—	£557k	−£350k	−£1.5m
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 0.8%; Profit ÷ revenue.
Gross margin: 8.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £562k; Revenue ÷ average employees.
Profit per employee: £4.2k; Profit ÷ average employees.
Cash conversion: −644.3%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14.6%; 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: ▲17%; Now £1.2m
Cash at bank: ▲175%; Now £2.1m
Headcount: ▲11%; Now 42
Deferred income: —; Now —
Fixed assets: ▲0%; Now £927k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £178k), from the Companies House accounts bulk data published Dec 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.