How much does Priory Mechanical Services Limited make?

Priory Mechanical Services Limited reported revenue of £20m and £325k profit in the year to 30 Apr 2024, according to its accounts filed at Companies House.

How many employees does Priory Mechanical Services Limited have?

Priory Mechanical Services Limited reported an average of 55 employees in the year to 30 Apr 2024.

Is Priory Mechanical Services Limited profitable?

Yes — Priory Mechanical Services Limited reported a profit of £325k in the year to 30 Apr 2024.

Company No. 01117894 · Incorporated 12 Jun 1973

Priory Mechanical Services Limited

Registered name: PRIORY MECHANICAL SERVICES LIMITED

Part of Priory Group Holdings Limited group

Priory Mechanical Services Limited made £20m revenue and £325k profit in the year to 30 Apr 2024.

Priory Mechanical Services Limited’s revenue grew 12% to £20m in the year to 30 Apr 2024, with £325k profit and 55 employees. The company is classified under “plumbing, heat and air-conditioning installation” and is based in Whyteleafe; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43220Plumbing, heat and air-conditioning installation

Status: Active
Location: Whyteleafe, London
Age: 53 yrs · since 1973
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's immediate and ultimate parent company is Priory Group Holdings Limited (Formerly B.K. Limited). The ultimate controlling parties are Mr B Kennedy and Mr S Kennedy by virtue of their shar”

Latest accounts · year to 30 Apr 2024

Key figures

Capital-lightOperating leverageBoring industry

Revenue

£20m

Growth ▲11.9%

Profit

£325k

Growth ▲16.9%

Profit margin

1.6%

Gross 12.9%

Employees

Change ▲3.8%

Profit / employee

£5.9k

Revenue/employee £364k

Profitable streak

3yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Apr 2022	30 Apr 2023	30 Apr 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£15m	£17.9m	£20m
Cost of sales	£12.5m	£15.4m	£17.4m
Gross profit	£2.5m	£2.5m	£2.6m
Operating profit	£403k	£406k	£481k
Profit before tax	£398k	£404k	£485k
Profit after tax	£332k	£278k	£325k
Profit (best available)	£332k	£278k	£325k
Staff costs	£2.7m	£3m	£3.2m
Employees (average)	53	53	55
Ratios
Profit margin	2.2%	1.6%	1.6%
Gross margin	16.8%	13.8%	12.9%
Revenue per employee	£283k	£337k	£364k
Profit per employee	£6.3k	£5.2k	£5.9k
Growth (year on year)
Revenue growth	—	▲19%	▲11.9%
Profit growth	—	▼16.5%	▲16.9%
Headcount growth	—	0%	▲3.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.2m	£1m	£1.7m
Net assets	£1.5m	£1.7m	£2m
Fixed assets	£207k	£194k	£301k
Current assets	£4.8m	£5.8m	£7m
Debtors	£1.7m	£2.3m	£1.8m
Deferred income	£137k	£68.7k	£58k
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2025

Derived from the latest filing

How the business works

Profit margin: 1.6%; Profit ÷ revenue.
Gross margin: 12.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £364k; Revenue ÷ average employees.
Profit per employee: £5.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 9.1%; 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: ▲20%; Now £2m
Cash at bank: ▲69%; Now £1.7m
Headcount: ▲4%; Now 55
Deferred income: ▼16%; Now £58k
Fixed assets: ▲56%; Now £301k

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

Priory Group Holdings Limitedultimate parent75–100%
Priory Mechanical Services Limitedthis company

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

Sister companies (1)

Priory Environmental Services LimitedFigures not disclosed

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

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Apr 2024 (profit £325k), from the Companies House accounts bulk data published Jan 2025. 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.