How much does Pimlico Plumbers Limited make?

Pimlico Plumbers Limited reported revenue of £41.9m and £644k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Pimlico Plumbers Limited have?

Pimlico Plumbers Limited reported an average of 142 employees in the year to 31 Dec 2024.

Is Pimlico Plumbers Limited profitable?

Yes — Pimlico Plumbers Limited reported a profit of £644k in the year to 31 Dec 2024.

Company No. 02012715 · Incorporated 22 Apr 1986

Pimlico Plumbers Limited

Registered name: PIMLICO PLUMBERS LIMITED

Part of Neighbourly Brands Limited group

Pimlico Plumbers Limited made £41.9m revenue and £644k profit in the year to 31 Dec 2024.

Pimlico Plumbers Limited’s revenue fell 14% to £41.9m in the year to 31 Dec 2024, with £644k profit and 142 employees. The company is classified under “plumbing, heat and air-conditioning installation” and is based in Brackley; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43220Plumbing, heat and air-conditioning installation SIC 96090Other service activities n.e.c.

Status: Active
Location: Brackley, East Midlands
Age: 40 yrs · since 1986
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.

Latest accounts · year to 31 Dec 2024

Key figures

Boring industry

Revenue

£41.9m

Growth ▼14%

Profit

£644k

Growth ▲182.5%

Profit margin

1.5%

Gross 42.3%

Employees

142

Change 0%

Profit / employee

£4.5k

Revenue/employee £295k

Profitable streak

2yrs

Consecutive profitable years in our data

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	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£48.7m	£41.9m
Cost of sales	£31m	£24.2m
Gross profit	£17.7m	£17.7m
Operating profit	£712k	£511k
Profit before tax	£656k	£260k
Profit after tax	£228k	£644k
Profit (best available)	£228k	£644k
Staff costs	£5.2m	£5.5m
Employees (average)	142	142
Ratios
Profit margin	0.5%	1.5%
Gross margin	36.3%	42.3%
Revenue per employee	£343k	£295k
Profit per employee	£1.6k	£4.5k
Growth (year on year)
Revenue growth	—	▼14%
Profit growth	—	▲182.5%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£1m	£1.3m
Net assets	£9.6m	£10.2m
Fixed assets	£3.4m	£4.8m
Current assets	£89m	£86.9m
Debtors	£568k	£447k
Deferred income	£1.3m	£967k
Source	FullAccounts · bulk data Aug 2025	FullAccounts · bulk data Aug 2025

Derived from the latest filing

How the business works

Profit margin: 1.5%; Profit ÷ revenue.
Gross margin: 42.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £295k; Revenue ÷ average employees.
Profit per employee: £4.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 11.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.1%; 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: ▲7%; Now £10.2m
Cash at bank: ▲22%; Now £1.3m
Headcount: 0%; Now 142
Deferred income: ▼27%; Now £967k
Fixed assets: ▲40%; Now £4.8m

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

Neighbourly Brands Limitedultimate parent75–100%
Pimlico Group Limited75–100%
Pimlico Holdco Limited75–100%
Pimlico Plumbers 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).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £644k), from the Companies House accounts bulk data published Aug 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.