Watts
Watts Group Limited is an independent UK property and construction consultancy operating from seven offices, delivering building surveying, cost management, project management, and independent monitoring services to commercial, public sector, and heritage clients across the UK and Ireland.
- Company typePrivate
- Founded2000
- HeadquartersLondon, United Kingdom
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Watts does
Watts Group Limited is an independent UK property and construction consultancy providing five integrated service lines — building surveying, cost management, project management, independent monitoring, and public sector services — delivered by chartered surveyors and consultants across seven UK and Ireland offices (London, Manchester, Leeds, Bristol, Cardiff, Glasgow, Belfast). The firm serves commercial landlords, tenants, investors, developers, lenders, and public sector bodies across all major asset classes, including commercial real estate, residential, heritage, infrastructure, healthcare, student accommodation, and film & media. Revenue is generated entirely through fee-based professional services delivered on a per-instruction basis or via long-term public sector framework agreements; no software, licensing, or product revenue is disclosed.
The firm is privately held under founder/management ownership with no external institutional investors, funding rounds, or M&A activity evidenced. Its go-to-market combines direct enterprise client engagement, a position on 15+ UK public sector procurement frameworks (including Crown Commercial Services, NHS Shared Business Services, and the £1.5bn Innovation Chain North housing framework), and content-led marketing anchored by the Watts Pocket Handbook (30th edition) and the Watts Academy graduate programme supporting RICS and CIOB pathways. Notable enterprise mandates include a programme of 450+ pre-construction condition surveys on HS2, an ongoing multi-phase appointment at Warner Bros Studios Leavesden, and stock condition surveys covering approximately 2,600 homes for Joseph Rowntree Housing Trust. The technology stack is conventional enterprise infrastructure (CRM, SharePoint, Checkpoint/Mimecast/MobileIron security) with no disclosed proprietary platforms, AI/ML capabilities, or data products.
Watts firmographics
Firmographics- Name
- Watts
- Legal name
- Watts Group Limited
- Website
- https://watts.co.uk
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Watts Group Limited is an independent UK property and construction consultancy operating from seven offices, delivering building surveying, cost management, project management, and independent monitoring services to commercial, public sector, and heritage clients across the UK and Ireland.
- Ownership category
- akta.pro rank
Where Watts is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices7 records
Markets served
Watts business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Professional Services Fees: Watts generates revenue by providing fee-based professional consultancy services across building surveying, cost management, project management, independent monitoring, and public sector advisory. Services are delivered to commercial landlords, tenants, property investors, developers, and public sector bodies on a per-instruction basis, ranging from single surveys to long-term framework engagements.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Watts product offering
Product offeringCore offering
Watts is an independent property and construction consultancy delivering building surveying, cost management, project management, and independent monitoring services to commercial, public sector, and private clients across the UK and Ireland. Services are delivered by chartered building surveyors, quantity surveyors, and project managers across seven UK offices, covering dilapidations, technical due diligence, planned preventative maintenance, fund monitoring, and employer’s agent duties across all asset classes.
Product overview
Watts is a property and construction consultancy offering a unified suite of professional services rather than a software product. The core offerings are five integrated service lines: Building Surveying, Cost Management, Independent Monitoring, Project Management, and Public Sector Services. These services are delivered through a nationwide network of offices (London, Manchester, Leeds, Bristol, Cardiff, Glasgow, and Belfast) and support clients across all asset classes within the public and private sectors. Services are provided to commercial landlords, tenants, investors, developers, and public sector organisations throughout the UK and Ireland.
Differentiator
Problem solved
Functional benefit
Products and services
- Building Surveying Professional building surveying services covering dilapidations, technical due diligence, planned preventative maintenance, landlord and tenant matters, expert witness services, statutory compliance, energy audit and certification, mechanical and electrical engineering, and neighbourly matters for commercial property clients.
- Cost Management Quantity surveying and cost consultancy services including cost planning, whole life costing, feasibility estimating, procurement advice, contract administration, and final account negotiation for construction projects.
- Independent Monitoring Independent fund monitoring and project monitoring services for lenders and investors, providing oversight of construction project progress, cost control, risk exposure, reinstatement cost assessments, and development appraisal due diligence.
- Project Management Full-spectrum project management services including programme management, development strategy, contract administration, employer’s agent duties, design management, distressed project recovery, consultant team procurement, tender management, and CDM principal designer services.
- Public Sector Services Specialist property and construction consultancy services for public sector clients, delivered through established framework agreements with national, local, and publicly funded bodies across the UK, covering building surveying, cost management, project management, independent monitoring, and stock condition surveys.
Quantifiable outcome
- Over 55 years of industry experience and 450+ condition surveys managed on the HS2 project alone.
- +2 more outcomes
Companies that use Watts
Customer profileNamed customers15 records
Segments5 records
Ideal customer profiles4 records
Watts technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Watts partnerships and signals
Strategic signalPartnerships
19 partnerships are on record, tiered core and minor.
- Mental Health UKcoreMental Health UK is Watts' chosen charity partner for 2024/2025, bringing together the heritage and experience of four charities from across the UK with over 50 years of experience in supporting people with their mental health. Watts aims to contribute to their mission of fostering mental wellbeing and resilience across the UK.
- Crown Commercial ServicescoreCrown Commercial Service is the biggest public procurement organisation in the UK, using commercial expertise to help buyers in central government and across the public and third sectors. Watts is appointed to this framework to provide property and construction specialist services to public sector buyers.
- BloomcoreA fully managed procurement service seamlessly connecting the public sector with professional service suppliers. Watts holds a position on this framework.
- London Construction ProgrammecoreThe governing body of the Square Mile, dedicated to a vibrant and thriving City of London. Watts is appointed to provide services under this London-focused construction framework.
- ConstellaminorOne of Britain's fastest-growing private companies engaging and empowering organisations to better buy and manage category-specific spend.
- Innovation Chain NorthcoreA £1.5 billion framework designed to support delivery of new homes across the north of England. Watts is appointed to provide professional services under this major housing framework.
- Scottish Procurement AlliancecoreBringing buyers and suppliers together to build, refurbish and maintain social housing and public property more efficiently and cost-effectively, benefiting the local community.
- NHS Shared Business ServicescoreFuture-proofing infrastructure and estates — key to delivering enhanced patient care, speeding up treatment, and improving patient pathways through efficient use of buildings and space. Watts provides property and construction services to NHS and healthcare clients.
- Northern Ireland Housing ExecutivecoreThe strategic Housing Authority for Northern Ireland, providing housing services, advice, guidance and support to tenants, landlords and communities. Watts is appointed to provide professional services to this strategic housing body.
- Fusion 21minorA social enterprise specialising in efficient and impactful public sector procurement through a framework approach with social value running through all they do.
- CPC (Construction Procurement Contracts)minorConnecting buyers and suppliers to enhance and maintain social housing and public property efficiently, benefiting the local community.
- LHC (London Housing Consortium)minorConnecting buyers and suppliers to enhance and maintain social housing and public property efficiently.
- Wayfair Public Sector FrameworkminorPublic sector procurement framework for professional services.
- WPA (Warrington Property Association)minorA not-for-profit organisation returning any surplus to members to improve social value outcomes in accordance with 'working together to deliver better buildings, homes and communities'.
- Kirklees CouncilminorCommitted to promoting an inclusive and sustainable economy by working in partnership with communities and partners. Local authority framework.
- Ulster University Procurement ExcellenceminorThe University's Procurement Excellence Strategy is committed to procuring goods, services and works responsibly, enhancing the regional vitality of the environment, economy and society.
- NeighbourlyminorPublic sector procurement framework for professional service suppliers.
- RiseminorCompliant, ethical and driven by social impact. Public sector procurement framework.
- BCO NextGen Cycling ClubminorThe only multi-disciplinary commercial property sector network in the UK, with access to over 3,000 property professionals. Watts sponsors the BCO NextGen Cycling Club to build professional relationships, share expertise, and engage with the wider property sector through weekly cycling events.
Scale indicators3 records
Recent moves3 records
Expansion highlights4 records
Watts competitors and assessment
Company assessmentBroad incumbents
- Arcadis: Global design, engineering, and consultancy firm with cost and project management capabilities overlapping Watts' core services. A broader incumbent that competes across major UK public sector and commercial mandates.
- AECOM: Global professional services firm offering cost management, project management, and surveying services as part of a much wider engineering and infrastructure portfolio. Competes for the same large public sector frameworks and infrastructure programmes (e.g., HS2).
- Mace Group (Cost Consultancy): International consultancy and construction firm with a cost consultancy practice covering quantity surveying, employer's agent, and project monitoring services — overlapping with Watts' cost management and independent monitoring offerings.
- CBRE Building Consultancy: The building consultancy division of CBRE provides building surveying, cost consultancy, and project monitoring services, sitting inside a much larger global real estate services firm. Competes for the same commercial landlord and investor mandates.
- JLL (Building Consultancy): Global real estate services firm whose building consultancy division directly competes with Watts in building surveying, dilapidations, project management, and cost consultancy across commercial and public sector clients.
Direct peers
- Turner & Townsend: Global cost management, project management, and independent monitoring consultancy competing for the same infrastructure, public sector framework, and developer mandates. Larger scale but same core service lines as Watts.
- Rider Levett Bucknall (RLB): International quantity surveying, cost management, and project management firm with strong UK presence and similar public/private sector coverage. Directly comparable on independent monitoring and cost consultancy mandates.
- Lambert Smith Hampton: UK property consultancy with a comparable building surveying, project management, and cost consultancy offering. Similar scale and mid-market positioning, with overlap in commercial and public sector instructions.
- Currie & Brown: UK-headquartered cost management and project management consultancy with a strong building surveying arm and comparable public sector / commercial client base. Direct competitor for the same employer agent, QS, and PM mandates Watts pursues.
Regional players
- Bailey Partnership: UK building surveying, cost management, and project management consultancy with strong regional presence (South West) and similar public sector and heritage project mix. Comparable in service lines and asset class coverage.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Watts social profiles
Digital presenceWatts compliance and trust
Trust signalCompliance3 records
Watts financial estimates
Financial estimateRevenue estimate
Valuation estimate
Watts leadership team
Management profileNumber of profiles
Profiles6 records
Watts funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Watts M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Watts
What does Watts do?
Watts is an independent property and construction consultancy delivering building surveying, cost management, project management, and independent monitoring services to commercial, public sector, and private clients across the UK and Ireland. Services are delivered by chartered building surveyors, quantity surveyors, and project managers across seven UK offices, covering dilapidations, technical due diligence, planned preventative maintenance, fund monitoring, and employer’s agent duties across all asset classes.
Is Watts a public or private company?
Watts is a private company. It is classified as management employee owned and is currently operating.
When was Watts founded?
Watts was founded in 2000. It employs 101 to 250 people.
Where is Watts based?
Watts is headquartered in London, United Kingdom, in the Europe region.
How does Watts make money?
One revenue line is on record: professional Services Fees.
Who are Watts's main competitors?
Broad incumbents on record are Arcadis, AECOM, Mace Group (Cost Consultancy), CBRE Building Consultancy and JLL (Building Consultancy). Direct peers are Turner & Townsend, Rider Levett Bucknall (RLB), Lambert Smith Hampton and Currie & Brown. Bailey Partnership is listed as a regional player.
Does Watts have an API?
No public API is recorded for Watts.