How much does Heap & Partners Limited make?

Heap & Partners Limited reported revenue of £8.3m and a loss of £188k in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Heap & Partners Limited have?

Heap & Partners Limited reported an average of 44 employees in the year to 31 Mar 2025.

Is Heap & Partners Limited profitable?

No — Heap & Partners Limited reported a loss of £188k in the year to 31 Mar 2025.

Company No. 00196537 · Incorporated 19 Mar 1924

Heap & Partners Limited

Registered name: HEAP & PARTNERS LIMITED

Part of Teal Holdings Limited group

Heap & Partners Limited made £8.3m revenue and a £188k loss in the year to 31 Mar 2025. read from filing text

Heap & Partners Limited’s revenue fell 6% to £8.3m in the year to 31 Mar 2025, with a loss of £188k and 44 employees. The company is classified under “manufacture of other fabricated metal products” and is based in Birkenhead; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 25990Manufacture of other fabricated metal products n.e.c.

Status: Active
Location: Birkenhead, North West
Age: 102 yrs · since 1924
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. From the filing: “The ultimate parent company is Teal Holdings Limited whose registered office is Canada Works, Corporation Road, Birkenhead, Wirral, CH41 8FA.”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-light

Revenue

£8.3m

Growth ▼5.6%

Profit

−£188k

Growth ▼190.1%

Profit margin

−2.3%

Gross 38.8%

Employees

Change ▲4.8%

Profit / employee

−£4.3k

Revenue/employee £189k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2024	31 Mar 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£8.8m	£8.3m
Cost of sales	£5.4m	£5.1m
Gross profit	£3.4m	£3.2m
Operating profit	£266k	−£114k
Profit before tax	£201k	−£200k
Profit after tax	£208k	−£188k
Profit (best available)	£208k	−£188k
Employees (average)	42	44
Ratios
Profit margin	2.4%	−2.3%
Gross margin	38.9%	38.8%
Revenue per employee	£210k	£189k
Profit per employee	£5k	−£4.3k
Growth (year on year)
Revenue growth	—	▼5.6%
Profit growth	—	▼190.1%
Headcount growth	—	▲4.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£119k	£225k
Net assets	£2.1m	£1.8m
Fixed assets	£553k	£580k
Current assets	£4.7m	£4.9m
Debtors	£1.4m	£1.4m
Deferred income	£128k	£142k
Source	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −2.3%; Profit ÷ revenue.
Gross margin: 38.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £189k; Revenue ÷ average employees.
Profit per employee: −£4.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.7%; 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: ▼16%; Now £1.8m
Cash at bank: ▲89%; Now £225k
Headcount: ▲5%; Now 44
Deferred income: ▲11%; Now £142k
Fixed assets: ▲5%; Now £580k

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

Teal Holdings Limitedultimate parent75–100%
Heap & Partners Limitedthis company

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

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£188k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 11 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.