Condair Limited
Registered name: CONDAIR LIMITED
Condair Limited made £9.3m revenue and £447k profit in the year to 31 Dec 2025.
Condair Limited’s revenue fell 27% to £9.3m in the year to 31 Dec 2025, with £447k profit and 58 employees. The company is classified under “steam and air conditioning supply” and is based in Littlehampton; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Littlehampton, South East
- Age
- 44 yrs · since 1982
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| 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) | £13.5m | £13.1m | £12.8m | £9.3m |
| Cost of sales | £8.6m | £8.6m | £6.8m | £5.2m |
| Gross profit | £4.8m | £4.4m | £6m | £4.1m |
| Operating profit | £2.4m | £1.5m | £2.1m | £539k |
| Profit before tax | £2.4m | £1.5m | £4.1m | £622k |
| Profit after tax | £2.3m | £1.1m | £3m | £447k |
| Profit (best available) | £2.3m | £1.1m | £3m | £447k |
| Staff costs | £3.6m | £3.7m | £4.1m | £3.7m |
| Employees (average) | 64 | 66 | 65 | 58 |
| Ratios | ||||
| Profit margin | 16.9% | 8.5% | 23.6% | 4.8% |
| Gross margin | 35.9% | 33.9% | 46.9% | 43.9% |
| Revenue per employee | £211k | £198k | £197k | £161k |
| Profit per employee | £35.7k | £16.8k | £46.5k | £7.7k |
| Cash conversion | 10% | 184.1% | −5.5% | 60% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼3.1% | ▼2% | ▼27.2% |
| Profit growth | — | ▼51.5% | ▲172.9% | ▼85.2% |
| Headcount growth | — | ▲3.1% | ▼1.5% | ▼10.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £464k | £42.4k | — | — |
| Net assets | £3.2m | £1.3m | £4.3m | £4.4m |
| Fixed assets | £801k | £809k | £763k | £715k |
| Current assets | £5.2m | £4m | £8.1m | £5m |
| Debtors | £2.3m | £2.2m | £2.8m | £1.4m |
| Deferred income | £697k | £642k | £337k | £361k |
| Cash from operations | £238k | £2.8m | −£113k | £324k |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 4.8%
- Profit ÷ revenue.
- Gross margin
- 43.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £161k
- Revenue ÷ average employees.
- Profit per employee
- £7.7k
- Profit ÷ average employees.
- Cash conversion
- 60%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 7.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 15.5%
- 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
- ▲1%
- Now £4.4m
- Cash at bank
- —
- Now —
- Headcount
- ▼11%
- Now 58
- Deferred income
- ▲7%
- Now £361k
- Fixed assets
- ▼6%
- Now £715k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- J.S. Humidifiers LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Logicool Air Conditioning & Heat Pumps LimitedGallows Hill · Steam and air conditioning supply
- Revenue
- £11.4m
- Profit
- £321k
- Staff
- 20
- Condition Environment Services LimitedLondon · Steam and air conditioning supply
- Revenue
- £12.9m
- Profit
- £263k
- Staff
- 36
- Stulz U.K. LimitedChessington · Steam and air conditioning supply
- Revenue
- £13.6m
- Profit
- £45.8k
- Staff
- 49
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £447k), from the Companies House accounts bulk data published Apr 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.