Robert Heath Heating Limited
Registered name: ROBERT HEATH HEATING LIMITED
Part of Daikin Europe N.V. groupRobert Heath Heating Limited made £26m revenue and £1.4m profit in the year to 31 Mar 2026. read from filing text
Robert Heath Heating Limited’s revenue was £26m in the year to 31 Mar 2026, with £1.4m profit and 236 employees. The company is classified under “plumbing, heat and air-conditioning installation” and is based in New Malden; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- New Malden, London
- Age
- 42 yrs · since 1983
- 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 immediate parent company is Robert Heath Group Limited, company no. 06713680, registered in England and Wales.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||||
| Revenue (turnover) | £34.7m | £43.4m | £42.5m | £25.4m | £26m |
| Cost of sales | £23.6m | £29.3m | £28.5m | £17.8m | £20.4m |
| Gross profit | £11.1m | £14.1m | £14m | £7.6m | £5.6m |
| Operating profit | £4.6m | £6.7m | £4.2m | £694k | £1.3m |
| Profit before tax | £4.6m | £6.8m | £4.9m | £1.2m | £1.9m |
| Profit after tax | £3.7m | £5.4m | £3.6m | £906k | £1.4m |
| Profit (best available) | £3.7m | £5.4m | £3.6m | £906k | £1.4m |
| Staff costs | £9m | £10.1m | £12.9m | £7.9m | £10.3m |
| Employees (average) | 237 | 255 | 284 | 260 | 236 |
| Ratios | |||||
| Profit margin | 10.6% | 12.4% | 8.6% | 3.6% | 5.5% |
| Gross margin | 31.9% | 32.6% | 32.9% | 29.8% | 21.6% |
| Revenue per employee | £146k | £170k | £150k | £97.6k | £110k |
| Profit per employee | £15.5k | £21.2k | £12.8k | £3.5k | £6k |
| Cash conversion | 17.7% | −106.6% | — | — | — |
| Growth (year on year) | |||||
| Revenue growth | — | ▲25.1% | ▼2.1% | — | — |
| Profit growth | — | ▲47.3% | ▼32.8% | — | — |
| Headcount growth | — | ▲7.6% | ▲11.4% | — | — |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £4.2m | £11.3m | £2.7m | £4.6m | £452k |
| Net assets | £11.6m | £17m | £20.6m | £21.5m | £23m |
| Fixed assets | £656k | £598k | £526k | £668k | £860k |
| Current assets | £17.4m | £23.4m | £26.1m | £27.7m | £27.4m |
| Debtors | £8.8m | £7.1m | £4.5m | £6.1m | £2.7m |
| Deferred income | £1.1m | £1m | £0 | £126k | £65.3k |
| Cash from operations | £808k | −£7.1m | — | — | — |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 5.5%
- Profit ÷ revenue.
- Gross margin
- 21.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £110k
- Revenue ÷ average employees.
- Profit per employee
- £6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.3%
- 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
- 10.5%
- 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
- —
- Now £23m
- Cash at bank
- —
- Now £452k
- Headcount
- —
- Now 236
- Deferred income
- —
- Now £65.3k
- Fixed assets
- —
- Now £860k
Group structure
Ownership chain
- Daikin Europe N.V. (registered outside the UK register)ultimate parent75–100%
- Daikin Airconditioning UK Limited75–100%
- Robert Heath Group Limited75–100%
- Robert Heath Heating Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Ionize LimitedRev. £2m · Profit £82.6k
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- K a Watts Plumbing & Heating LimitedEastleigh · Plumbing, heat and air-conditioning installation
- Revenue
- £26.5m
- Profit
- £1.6m
- Staff
- 65
- J a Brooks Mechanical Services LimitedLondon · Plumbing, heat and air-conditioning installation
- Revenue
- £27.1m
- Profit
- £881k
- Staff
- 119
- Colne Valley Mechanical LimitedColchester · Plumbing, heat and air-conditioning installation
- Revenue
- £27.3m
- Profit
- £694k
- Staff
- 26
- Innovation Air Conditioning and Building Services LimitedCroydon · Plumbing, heat and air-conditioning installation
- Revenue
- £24.7m
- Profit
- £2.8m
- Staff
- 27
- Premier Mechanical Installations LimitedMaidenhead · Plumbing, heat and air-conditioning installation
- Revenue
- £27.6m
- Profit
- £3.7m
- Staff
- 21
- Therma-Mech LtdBristol · Plumbing, heat and air-conditioning installation
- Revenue
- £24.3m
- Profit
- £3.4m
- Staff
- 35
Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £1.4m), from the Companies House accounts bulk data published Jul 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.