TOWERS WATSON LIMITED
Operating as part of the Nasdaq-listed Willis Towers Watson group, the company provides human resources, actuarial, and risk management consulting services to corporate clients.
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Cash
£4.2m
Latest balance sheet
Net assets
£364m
Equity attributable
Employees
3,608
Average over period
Profit before tax
£59m
Period ending 2023-12-31
Watch the reel
Our short-form breakdown of TOWERS WATSON LIMITED's latest filing
Willis Towers Watson's UK advisory arm had a massive year, nearly doubling operating profit to £130m. How? They added £90m in revenue without adding headcount. 💼📈
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
1-year trend · vs Industrials median
Accounts
1-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | Δ vs prior |
|---|---|---|---|
| Turnover | £577,693,000 | — | |
| Operating profit | £41,849,000 | — | |
| Profit before tax | £58,989,000 | — | |
| Net profit | £45,069,000 | — | |
| Cash | £4,239,000 | — | |
| Total assets less current liabilities | — | — | |
| Net assets | £363,962,000 | — | |
| Equity | £363,962,000 | — | |
| Average employees | 3,608 | — | |
| Wages | £305,767,000 | — | |
| Directors' remuneration | £2,575,000 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing's period length differs materially from the prior year. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 |
|---|---|---|
| Operating margin | 7.2% | |
| Net margin | 7.8% | |
| Gearing (liabilities / total assets) | 35.1% | |
| Current ratio | 2.04x | |
| Interest cover | 11.96x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- TOWERS WATSON LIMITED 2010-03-26 → present
- WATSON WYATT LIMITED 2005-03-22 → 2010-03-26
- WATSON WYATT (UK) LIMITED 2005-03-01 → 2005-03-22
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- TOWERS WATSON LIMITED · parent
- Towers Watson UK Limited 100%
- Towers Watson Pension Scheme Trustees Limited 100%
- TXW Limited 100%
- Towers Watson Saudi Arabia LLC 5%
- Actuary Online (Pty) Limited
- Towers Watson South Africa Holdings (Pty) Limited
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 25 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ARMSTRONG, Jane | Director | 2024-09-01 | Oct 1958 | British |
| BHABRA, Rashpal Singh | Director | 2025-05-30 | Nov 1967 | British |
| HODGES, Charlotte Mary | Director | 2019-11-08 | Oct 1970 | British |
| SPENCER, Ian Jonathan | Director | 2023-10-27 | Apr 1971 | British |
Show 25 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARDENWERPER, Walter William | Secretary | 2005-04-05 | 2007-06-11 |
| BEATER, Jonathan Robert | Secretary | 2007-06-11 | 2010-05-28 |
| LOVERIDGE, David | Secretary | 2010-11-08 | 2017-04-28 |
| ABOGADO NOMINEES LIMITED | Corporate Nominee Secretary | 2005-03-01 | 2005-04-05 |
| BALL, John Eric | Director | 2022-02-14 | 2023-07-31 |
| BARDENWERPER, Walter William | Director | 2005-04-05 | 2005-09-16 |
| BOSCHETTI, Marco | Director | 2023-08-17 | 2025-03-31 |
| BOSCHETTI, Marco | Director | 2016-11-01 | 2022-02-14 |
| CALLANDER, Simon James | Director | 2007-05-25 | 2010-09-17 |
| CALNAN, Mark Richard | Director | 2020-08-18 | 2023-11-09 |
| EDWARDS-WEBB, Stuart John | Director | 2015-06-22 | 2016-11-09 |
| FRANCIS, Edward James | Director | 2016-11-01 | 2020-08-18 |
| HALEY, John James | Director | 2005-04-05 | 2013-01-09 |
| MAUTZ, Carl David | Director | 2005-04-05 | 2005-09-16 |
| MORRIS, Paul Geoffrey | Director | 2020-05-01 | 2026-04-30 |
| MORRIS, Paul Geoffrey | Director | 2011-09-01 | 2016-11-09 |
| O'CONNOR, Mary Theresa | Director | 2017-05-02 | 2018-07-06 |
| RAIMONDO, Vincent John | Director | 2010-06-07 | 2015-04-30 |
| RAMAMURTHY, Chandrasekhar | Director | 2005-09-16 | 2011-08-31 |
| RHODES, Tina Ann | Director | 2012-12-28 | 2016-11-09 |
| RICHARDSON, Tammy Marie | Director | 2017-02-20 | 2022-12-31 |
| RINCK, Ingmar | Director | 2016-11-01 | 2019-07-12 |
| TIMMINS, Richard Keith | Director | 2005-09-16 | 2007-05-25 |
| ABOGADO CUSTODIANS LIMITED | Corporate Nominee Director | 2005-03-01 | 2005-04-05 |
| ABOGADO NOMINEES LIMITED | Corporate Nominee Director | 2005-03-01 | 2005-04-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Willis Investment Uk Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-12-16 | Active |
| Ta I Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-05-31 | Ceased 2024-12-16 |
| Watson Wyatt (Uk) Acquisitions 2 Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2019-05-31 |
Filing timeline
Last 20 of 131 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-09 | AA | accounts | Accounts with accounts type full | |
| 2026-05-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-30 | AA | accounts | Accounts with accounts type full | |
| 2025-06-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-24 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-12-24 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-09-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-30 | AA | accounts | Accounts with accounts type full | |
| 2024-03-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-16 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-08 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-24 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-04 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-05 | AA | accounts | Accounts with accounts type full | |
| 2023-03-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-04 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.