Waterco (Europe) Limited
Registered name: WATERCO (EUROPE) LIMITED
Part of Waterco (Trustee) Limited groupWaterco (Europe) Limited made £7.2m revenue and £708k profit in the year to 30 Jun 2026.
Waterco (Europe) Limited’s revenue fell 8% to £7.2m in the year to 30 Jun 2026, with £708k profit and 14 employees. The company is classified under “manufacture of other general-purpose machinery” and is based in Teynham Sittingbourne; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Teynham Sittingbourne, South East
- Age
- 23 yrs · since 2003
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 | 30 Jun 2026 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £7.8m | £6.9m | £7.1m | £7.8m | £7.2m |
| Cost of sales | £5.3m | £4.2m | £5.1m | £5.2m | £4.3m |
| Gross profit | £2.5m | £2.7m | £2.1m | £2.6m | £2.8m |
| Operating profit | £1.1m | £1.2m | £529k | £927k | £953k |
| Profit before tax | £1.2m | £1.2m | £535k | £931k | £944k |
| Profit after tax | £988k | £984k | £397k | £681k | £708k |
| Profit (best available) | £988k | £984k | £397k | £681k | £708k |
| Staff costs | £872k | £1.1m | £1m | £1.3m | £1.1m |
| Employees (average) | 16 | 18 | 17 | 18 | 14 |
| Ratios | |||||
| Profit margin | 12.7% | 14.2% | 5.6% | 8.7% | 9.9% |
| Gross margin | 32.3% | 39.3% | 29% | 33.1% | 39.5% |
| Revenue per employee | £487k | £385k | £419k | £434k | £511k |
| Profit per employee | £61.8k | £54.7k | £23.4k | £37.8k | £50.6k |
| Cash conversion | 57.5% | −109.1% | −288.3% | −235.1% | −207.6% |
| Growth (year on year) | |||||
| Revenue growth | — | ▼11.1% | ▲2.9% | ▲9.7% | ▼8.4% |
| Profit growth | — | ▼0.5% | ▼59.6% | ▲71.4% | ▲4% |
| Headcount growth | — | ▲12.5% | ▼5.6% | ▲5.9% | ▼22.2% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £314k | £330k | £279k | £701k | £770k |
| Net assets | £4m | £5m | £5.4m | £4.6m | £3.8m |
| Fixed assets | £112k | £132k | £201k | £157k | £156k |
| Current assets | £6.9m | £7.5m | £8.6m | £6m | £4.5m |
| Debtors | £3m | £1.9m | £1.4m | £2m | £1.3m |
| Deferred income | £123k | £138k | £48.8k | £106k | £86.4k |
| Cash from operations | £661k | −£1.3m | −£1.5m | −£2.2m | −£2m |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 9.9%
- Profit ÷ revenue.
- Gross margin
- 39.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £511k
- Revenue ÷ average employees.
- Profit per employee
- £50.6k
- Profit ÷ average employees.
- Cash conversion
- −207.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 18.5%
- 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
- ▼17%
- Now £3.8m
- Cash at bank
- ▲10%
- Now £770k
- Headcount
- ▼22%
- Now 14
- Deferred income
- ▼19%
- Now £86.4k
- Fixed assets
- ▼0%
- Now £156k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Waterco (Trustee) Limitedultimate parent50–75%
- Waterco Limited75–100%
- Waterco (Europe) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Datrys Consulting Engineers LimitedActive - Proposal to Strike offFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Jun 2026 (profit £708k), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.
Updated from Companies House on 23 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.