How much does Allen Watson Limited make?

Allen Watson Limited reported revenue of £2m and £206k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Allen Watson Limited have?

Allen Watson Limited reported an average of 17 employees in the year to 31 Mar 2025.

Is Allen Watson Limited profitable?

Yes — Allen Watson Limited reported a profit of £206k in the year to 31 Mar 2025.

Company No. 02138400 · Incorporated 8 Jun 1987

Allen Watson Limited

Registered name: ALLEN WATSON LIMITED

Part of Cappagh Group Holdings Limited group

Allen Watson Limited made £2m revenue and £206k profit in the year to 31 Mar 2025.

Allen Watson Limited’s revenue grew 36% to £2m in the year to 31 Mar 2025, with £206k profit and 17 employees. The company is classified under “construction of other civil engineering projects” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSIC 42990Construction of other civil engineering projects n.e.c.

Status: Active
Location: London
Age: 39 yrs · since 1987
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

Revenue

£2m

Growth ▲35.9%

Profit

£206k

Growth —

Profit margin

10.4%

Gross 48.3%

Employees

Change ▼5.6%

Profit / employee

£12.1k

Revenue/employee £117k

Profitable streak

1yr

Consecutive profitable years in our data

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£1.6m	£1.5m	£2m
Cost of sales	−£1.1m	−£1.4m	−£1m
Gross profit	£527k	£73k	£960k
Operating profit	−£182k	−£749k	£232k
Profit before tax	−£184k	−£749k	£231k
Profit after tax	−£192k	−£744k	£206k
Profit (best available)	−£192k	−£744k	£206k
Employees (average)	18	18	17
Ratios
Profit margin	−11.9%	−50.9%	10.4%
Gross margin	32.8%	5%	48.3%
Revenue per employee	£89.2k	£81.2k	£117k
Profit per employee	−£10.7k	−£41.4k	£12.1k
Growth (year on year)
Revenue growth	—	▼8.9%	▲35.9%
Headcount growth	—	0%	▼5.6%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data Jan 2025	Accounts · bulk data Jan 2025	Accounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 10.4%; Profit ÷ revenue.
Gross margin: 48.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £117k; Revenue ÷ average employees.
Profit per employee: £12.1k; 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: ▼6%; Now 17
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Cappagh Group Holdings Limitedultimate parent75–100%
Cappagh Contractors Construction (London) Limited75–100%
Allen Watson Limitedthis 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).

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2025 (profit £206k), from the Companies House accounts bulk data published Dec 2025. 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.