How much does Welton Aggregates Limited make?

Welton Aggregates Limited reported revenue of £13.7m and £163k profit in the year to 31 Oct 2024, according to its accounts filed at Companies House.

How many employees does Welton Aggregates Limited have?

Welton Aggregates Limited reported an average of 73 employees in the year to 31 Oct 2024.

Is Welton Aggregates Limited profitable?

Yes — Welton Aggregates Limited reported a profit of £163k in the year to 31 Oct 2024.

Company No. 04824000 · Incorporated 7 Jul 2003

Welton Aggregates Limited

Registered name: WELTON AGGREGATES LIMITED

Part of The Welton Group Ltd group

Welton Aggregates Limited made £13.7m revenue and £163k profit in the year to 31 Oct 2024.

Welton Aggregates Limited’s revenue grew 1% to £13.7m in the year to 31 Oct 2024, with £163k profit and 73 employees. The company is classified under “quarrying of ornamental and building stone, limestone, gypsum, chalk and slate” and is based in Spilsby; we hold 3 years of its filed accounts.

Full P&L filedSection B · Mining and quarryingSIC 08110Quarrying of ornamental and building stone, limestone, gypsum, chalk and slate SIC 09900Support activities for other mining and quarrying

Status: Active
Location: Spilsby, East of England
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.

Latest accounts · year to 31 Oct 2024

Key figures

Operating leverageDoing more with lessCash flow filed

Revenue

£13.7m

Growth ▲1.4%

Profit

£163k

Growth ▲5928%

Profit margin

1.2%

Gross 11.9%

Employees

Change ▼18.9%

Profit / employee

£2.2k

Revenue/employee £188k

Profitable streak

3yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2022	31 Oct 2023	31 Oct 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£12.7m	£13.5m	£13.7m
Cost of sales	£10.8m	£11.6m	£12.1m
Gross profit	£1.9m	£1.9m	£1.6m
Operating profit	£821k	£593k	£198k
Profit before tax	£685k	£417k	−£147k
Profit after tax	£715k	£2.7k	£163k
Profit (best available)	£715k	£2.7k	£163k
Staff costs	£2.3m	£2.6m	£2.5m
Employees (average)	71	90	73
Ratios
Profit margin	5.6%	0%	1.2%
Gross margin	15.3%	14.3%	11.9%
Revenue per employee	£179k	£150k	£188k
Profit per employee	£10.1k	£30	£2.2k
Cash conversion	−257.5%	−241.4%	−888%
Growth (year on year)
Revenue growth	—	▲6.3%	▲1.4%
Profit growth	—	▼99.6%	▲5928%
Headcount growth	—	▲26.8%	▼18.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£53.8k	£48.8k	£222k
Net assets	£8.1m	£8.1m	£8.3m
Fixed assets	£12.9m	£12m	£11.3m
Current assets	£7m	£8.1m	£9.8m
Debtors	£2.3m	£2.1m	£2.7m
Deferred income	£146k	£161k	£273k
Cash from operations	−£2.1m	−£1.4m	−£1.8m
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: 1.2%; Profit ÷ revenue.
Gross margin: 11.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £188k; Revenue ÷ average employees.
Profit per employee: £2.2k; Profit ÷ average employees.
Cash conversion: −888%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 82.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 20%; 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: ▲2%; Now £8.3m
Cash at bank: ▲354%; Now £222k
Headcount: ▼19%; Now 73
Deferred income: ▲70%; Now £273k
Fixed assets: ▼6%; Now £11.3m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

The Welton Group Ltdultimate parent75–100%
Welton Aggregates Limitedthis company

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

Sister companies (3)

Blacksmith Arms Welton LtdFigures not disclosed
J F Smith & Son Farms LimitedFigures not disclosed
Welton Homes LtdFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2024 (profit £163k), from the Companies House accounts bulk data published Oct 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.