How many employees does Swale Heating Limited have?

Swale Heating Limited reported an average of 371 employees in the year to 30 Sep 2023.

Is Swale Heating Limited profitable?

Yes — Swale Heating Limited reported a profit of £347k in the year to 30 Sep 2023.

Company No. 01076034 · Incorporated 11 Oct 1972

Swale Heating Limited

Registered name: SWALE HEATING LIMITED

Swale Heating Limited made £347k profit in the year to 30 Sep 2023 (revenue not disclosed).

Swale Heating Limited reported £347k profit in the year to 30 Sep 2023, up 342% on the year before; its revenue was not disclosed. It had 371 employees. The company is classified under “plumbing, heat and air-conditioning installation” and is based in London; we hold 2 years of its filed accounts.

Profit onlySection F · ConstructionSIC 43220Plumbing, heat and air-conditioning installation

Status: Active
Location: London, London
Age: 54 yrs · since 1972
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 company was controlled throughout the”

Latest accounts · year to 30 Sep 2023

Key figures

Boring industry

Revenue

—

Not disclosed in filing

Profit

£347k

Growth ▲341.8%

Profit margin

—

Employees

371

Change ▲3.3%

Profit / employee

£936

Profitable streak

2yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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	30 Sep 2022	30 Sep 2023
Disclosure	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—
Cost of sales	£34.8m	£37.1m
Profit before tax	£84.2k	£513k
Profit after tax	£78.6k	£347k
Profit (best available)	£78.6k	£347k
Staff costs	£13.5m	£15m
Employees (average)	359	371
Ratios
Profit margin	—	—
Profit per employee	£219	£936
Growth (year on year)
Profit growth	—	▲341.8%
Headcount growth	—	▲3.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.1m	£1.4m
Net assets	£3m	£3.3m
Fixed assets	£370k	£340k
Current assets	£13.4m	£13.7m
Debtors	£5.2m	£5.7m
Deferred income	£443k	£406k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: £936; 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: ▲12%; Now £3.3m
Cash at bank: ▼32%; Now £1.4m
Headcount: ▲3%; Now 371
Deferred income: ▼8%; Now £406k
Fixed assets: ▼8%; Now £340k

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

Volt Topco (CP) Limitedultimate parent75–100%
Volt Holdco (CP) Limited75–100%
Volt Midco (CP) Limited75–100%
Sureserve Group Holdings Limited75–100%
Sureserve Group Limited75–100%
Sureserve Holdings Limited75–100%
Sureserve Compliance Holdings Limited75–100%
Swale Heating Holdings Ltd75–100%
Swale Heating Limitedthis company

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

Sister companies (1)

Energy Academy LtdLiquidationRev. — · Profit −£69.5k

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 30 Sep 2023 (profit £347k), from the Companies House accounts bulk data published Jun 2024. 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.