How much does Backer Heatrod Limited make?

Backer Heatrod Limited reported revenue of £9.8m and £1.1m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Backer Heatrod Limited have?

Backer Heatrod Limited reported an average of 75 employees in the year to 31 Dec 2025.

Is Backer Heatrod Limited profitable?

Yes — Backer Heatrod Limited reported a profit of £1.1m in the year to 31 Dec 2025.

Company No. 00766637 · Incorporated 5 Jul 1963

Backer Heatrod Limited

Registered name: BACKER HEATROD LIMITED

Part of Nibe Industrier Ab group

Backer Heatrod Limited made £9.8m revenue and £1.1m profit in the year to 31 Dec 2025.

Backer Heatrod Limited’s revenue fell 1% to £9.8m in the year to 31 Dec 2025, with £1.1m profit and 75 employees. The company is classified under “manufacture of other electrical equipment” and is based in Bolton; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 27900Manufacture of other electrical equipment

Status: Active
Location: Bolton, North West
Age: 63 yrs · since 1963
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.

Latest accounts · year to 31 Dec 2025

Key figures

Revenue

£9.8m

Growth ▼1.4%

Profit

£1.1m

Growth ▲1.7%

Profit margin

10.8%

Gross 40.1%

Employees

Change ▼1.3%

Profit / employee

£14.1k

Revenue/employee £130k

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£6.6m	£7.7m	£9.9m	£9.8m
Cost of sales	£4.1m	£4.7m	£6m	£5.9m
Gross profit	£2.5m	£3m	£3.9m	£3.9m
Operating profit	£452k	£854k	£1.2m	£1.1m
Profit before tax	£472k	£657k	£1m	£1.1m
Profit after tax	£472k	£684k	£1m	£1.1m
Profit (best available)	£472k	£684k	£1m	£1.1m
Staff costs	£1.8m	£2.1m	£2.6m	£2.7m
Employees (average)	58	67	76	75
Ratios
Profit margin	7.1%	8.9%	10.5%	10.8%
Gross margin	38%	38.9%	39.8%	40.1%
Revenue per employee	£114k	£115k	£130k	£130k
Profit per employee	£8.1k	£10.2k	£13.7k	£14.1k
Growth (year on year)
Revenue growth	—	▲16.2%	▲28.9%	▼1.4%
Profit growth	—	▲44.7%	▲52.1%	▲1.7%
Headcount growth	—	▲15.5%	▲13.4%	▼1.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£36.4k	£61.8k	£145k	£16.8k
Net assets	£163k	£846k	£1.9m	£2.9m
Fixed assets	£2.6m	£3.4m	£3.2m	£3.1m
Current assets	£4m	£4.9m	£6.2m	£7.3m
Debtors	£1.3m	£1.4m	£1.8m	£1.7m
Deferred income	£144k	£265k	£457k	£469k
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: 10.8%; Profit ÷ revenue.
Gross margin: 40.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £130k; Revenue ÷ average employees.
Profit per employee: £14.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 31.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.5%; 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: ▲56%; Now £2.9m
Cash at bank: ▼88%; Now £16.8k
Headcount: ▼1%; Now 75
Deferred income: ▲3%; Now £469k
Fixed assets: ▼4%; Now £3.1m

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

Nibe Industrier Ab (registered outside the UK register)ultimate parent75–100%
Backer Heatrod Limitedthis company

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

Subsidiaries (7)

Backer Distribution LimitedFigures not disclosed
Backer Electric Company LimitedFigures not disclosed
Backer Electric Industrial LimitedFigures not disclosed
E. Braude (London) LimitedFigures not disclosed
Graybar LimitedFigures not disclosed
Heatrod Elements LimitedFigures not disclosed
Wireohms (Universal) 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 FullAccounts for the year to 31 Dec 2025 (profit £1.1m), from the Companies House accounts bulk data published Jun 2026. 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.