Watling Holdings Limited
Registered name: WATLING HOLDINGS LIMITED
Watling Holdings Limited made £21.4m revenue and £1.2m profit in the year to 31 Dec 2024.
Watling Holdings Limited’s revenue grew 3% to £21.4m in the year to 31 Dec 2024, with £1.2m profit and 118 employees. The company is classified under “activities of other holding companies” and is based in Gravesend; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Gravesend
- Age
- 6 yrs · since 2020
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £21.6m | £20.8m | £21.4m |
| Cost of sales | £14m | £12.4m | £12.6m |
| Gross profit | £7.6m | £8.4m | £8.8m |
| Operating profit | £948k | £1.9m | £1.4m |
| Profit before tax | £946k | £2m | £1.6m |
| Profit after tax | £751k | £1.7m | £1.2m |
| Profit (best available) | £751k | £1.7m | £1.2m |
| Employees (average) | 120 | 121 | 118 |
| Ratios | |||
| Profit margin | 3.5% | 8.1% | 5.6% |
| Gross margin | 35.1% | 40.4% | 41.3% |
| Revenue per employee | £180k | £172k | £181k |
| Profit per employee | £6.3k | £13.9k | £10.2k |
| Growth (year on year) | |||
| Revenue growth | — | ▼3.5% | ▲2.8% |
| Profit growth | — | ▲124.4% | ▼28.8% |
| Headcount growth | — | ▲0.8% | ▼2.5% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Oct 2024 | Accounts · bulk data Oct 2024 | Accounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 5.6%
- Profit ÷ revenue.
- Gross margin
- 41.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £181k
- Revenue ÷ average employees.
- Profit per employee
- £10.2k
- 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.
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
- ▼2%
- Now 118
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (1)
- Watling Tyre Service Limited(The)Rev. £19.8m · Profit £504k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit £1.2m), 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.