Argus Fire Protection Company Limited
Registered name: ARGUS FIRE PROTECTION COMPANY LIMITED
Part of Mitie Group PLC groupArgus Fire Protection Company Limited made £44.3m revenue and £2.2m profit in the year to 31 Mar 2024.
Argus Fire Protection Company Limited’s revenue grew 2% to £44.3m in the year to 31 Mar 2024, with £2.2m profit and 202 employees. The company is classified under “other specialised construction activities” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 44 yrs · since 1981
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £43.5m | £44.3m |
| Cost of sales | £31m | £28.7m |
| Gross profit | £12.5m | £15.6m |
| Operating profit | £2.8m | £2.7m |
| Profit before tax | £2.8m | £2.8m |
| Profit after tax | £2.3m | £2.2m |
| Profit (best available) | £2.3m | £2.2m |
| Staff costs | £9.2m | £11.2m |
| Employees (average) | 182 | 202 |
| Ratios | ||
| Profit margin | 5.3% | 4.9% |
| Gross margin | 28.7% | 35.2% |
| Revenue per employee | £239k | £219k |
| Profit per employee | £12.7k | £10.7k |
| Cash conversion | −76.6% | −180.9% |
| Growth (year on year) | ||
| Revenue growth | — | ▲1.9% |
| Profit growth | — | ▼6.8% |
| Headcount growth | — | ▲11% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Fixed assets | £677k | £1.1m |
| Debtors | £7.8m | £6.3m |
| Cash from operations | −£2.1m | −£4.9m |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 |
How the business works
- Profit margin
- 4.9%
- Profit ÷ revenue.
- Gross margin
- 35.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £219k
- Revenue ÷ average employees.
- Profit per employee
- £10.7k
- Profit ÷ average employees.
- Cash conversion
- −180.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.2%
- Money owed by customers. Low = customers pay quickly.
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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲11%
- Now 202
- Deferred income
- —
- Now —
- Fixed assets
- ▲60%
- Now £1.1m
Group structure
Ownership chain
- Mitie Group PLCultimate parent75–100%
- Mitie Treasury Management Limited75–100%
- Mitie Limited75–100%
- Slademain Limited75–100%
- Argus Fire Protection Company 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).
Similar profitable businesses
- Slademain LimitedLondon · Other specialised construction activities n.e.c.
- Revenue
- £44.3m
- Profit
- £2.3m
- Staff
- 204
- Kompan LimitedMilton Keynes · Other specialised construction activities n.e.c.
- Revenue
- £43.8m
- Profit
- £1.8m
- Staff
- 106
- G K R Scaffolding LimitedLondon · Other specialised construction activities n.e.c.
- Revenue
- £44.8m
- Profit
- £7.3m
- Staff
- 277
- Bourne Group Ltd.Parkstone · Other specialised construction activities n.e.c.
- Revenue
- £43.7m
- Profit
- £529k
- Staff
- 153
- Building Engineering Solutions LimitedStevenage · Other specialised construction activities n.e.c.
- Revenue
- £42.6m
- Profit
- £1.1m
- Staff
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- Elite Landscapes LimitedBurnham · Other specialised construction activities n.e.c.
- Revenue
- £42.4m
- Profit
- £1.6m
- Staff
- 15
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £2.2m), from the Companies House accounts bulk data published Jul 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.