How much does Water Babies Topco Limited make?

Water Babies Topco Limited reported revenue of £12.2m and a loss of £890k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Water Babies Topco Limited have?

Water Babies Topco Limited reported an average of 169 employees in the year to 31 Dec 2025.

Is Water Babies Topco Limited profitable?

No — Water Babies Topco Limited reported a loss of £890k in the year to 31 Dec 2025.

Company No. 15983100 · Incorporated 27 Sep 2024

Water Babies Topco Limited

Registered name: WATER BABIES TOPCO LIMITED

Water Babies Topco Limited made £12.2m revenue and a £890k loss in the year to 31 Dec 2025.

Water Babies Topco Limited’s revenue was £12.2m in the year to 31 Dec 2025, with a loss of £890k and 169 employees. The company is classified under “other service activities” and is based in Exeter.

Full profit & loss filedSection S · Other service activitiesSIC 96090Other service activities n.e.c.

Status: Active
Location: Exeter, South West
Age: 2 yrs · since 2024
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

Independent

Revenue

£12.2m

Growth —

Profit

−£890k

Growth —

Profit margin

−7.3%

Gross 59.9%

Employees

169

Change —

Profit / employee

−£5.3k

Revenue/employee £72.4k

Profitable streak

0yrs

Consecutive profitable years in our data

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

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2025
Disclosure	Profit & loss
Profit & loss
Revenue (turnover)	£12.2m
Cost of sales	−£4.9m
Gross profit	£7.3m
Operating profit	−£325k
Profit before tax	−£1.2m
Profit after tax	−£890k
Profit (best available)	−£890k
Employees (average)	169
Ratios
Profit margin	−7.3%
Gross margin	59.9%
Revenue per employee	£72.4k
Profit per employee	−£5.3k
Balance sheet — indirect signals, not revenue
Net assets	—
Source	Accounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: −7.3%; Profit ÷ revenue.
Gross margin: 59.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £72.4k; Revenue ÷ average employees.
Profit per employee: −£5.3k; 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: —; Now 169
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Subsidiaries (1)

Water Babies Bidco LimitedFigures 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 accounts for the year to 31 Dec 2025 (profit −£890k), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.

Updated from Companies House on 15 Oct 2026